468 Sw Prado Avenue, Port St. Lucie, FL 34983
- $600,000
- 8
- BD
- 2
- BA
- 2,247
- SqFt
- List Price
- $600,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- B26075234
- Subtype
- Residential
- Style
- House
- Year Built
- 1990
- Bedrooms
- 8
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,247
- Lot Size
- 13,068
- Acres
- 0.30
- Subdivision
- Port St Lucie Section 27
Property Description
Investor Special - Turnkey Co-Living / PadSplit Opportunity! Fully operational, cash-flowing co-living investment currently configured with 8 income-producing bedrooms, 2 full bathrooms, and a 2-car garage. With a proven occupancy history consistently ranging from 88%-100%, this property offers established cash flow and historically quick turnover when vacancies occur. July gross revenue totaled $7,520, with operational systems already in place, allowing a new owner to step into an established co-living business from day one. Projected cap rate: 9.93%. Property highlights include a 2025 roof, 2020 A/C, and fully owned solar panels, helping reduce future capital expenditure concerns and ongoing utility costs. The sale includes the single-family home configured for its current co-living operation, along with an established operational package including house rules, communication templates, turnover procedures, existing vendor and maintenance contacts, and assistance transitioning the current platform operation and listings, subject to platform requirements. This is an opportunity to acquire more than just a property—it's an established, income-producing co-living operation with proven occupancy, streamlined systems, and immediate revenue potential. Whether you're an experienced investor looking to expand your portfolio or entering the co-living space for the first time, this property offers a truly turnkey opportunity with the infrastructure already in place.
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Additional Information
- Interior Features
- Volume Ceilings
- Taxes
- $5,526
- Community Features
- Port St Lucie Section 27
- Property Description
- House
- Zoning
- RS-2 PSL
- Flooring
- Tile, Vinyl
- Appliances
- Electric Water Heater, Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
- Heating
- Central
- Air Conditioning
- Ceiling Fan(s), Central Air
- Exterior Construction
- Stucco
- Stories
- 1
- Roof
- Comp Shingle Roof, Shingle
- Parking
- 2 Or More Spaces, Driveway, Parking Garage
- Parking Features
- 2 Or More Spaces, Driveway, Parking Garage
- Garage Spaces
- 2
Listing Courtesy of United Realty Group Inc., Contact: