468 Sw Prado Avenue, Port St. Lucie, FL 34983
- $600,000
- 8
- BD
- 2
- BA
- 2,247
- SqFt
- List Price
- $600,000
- MLS#
- B26075234
- Subdivision
- Port St Lucie Section 27
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 8
- Full baths
- 2
- Living Area
- 2,247
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
- Days on Market
- 1
- Tax Amount
- $5,526
- Parcel Number
- 342063020790002
- #Garage Spaces
- 2
- Bedroom Description
- Other
- Front Exposure
- North
- Lot Size
- 13,068
- Parking Restrictions
- 2 Or More Spaces, Driveway, Parking Garage
- Pet Restrictions
- Yes
- Pets Allowed
- Yes
- Address
- 468 Sw Prado Avenue, Port St. Lucie
- SqFt Liv Area
- 2,247
- Year Built
- 1990
- Design
- Ranch, One Story
- Development Name
- Port St Lucie Section 27
- Style
- House
- Restrictions
- No Restrictions
- Construction Type
- Stucco
- Interior Features
- Volume Ceilings
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Listing Courtesy of United Realty Group Inc., Contact: