468 Sw Prado Avenue, Port St. Lucie, FL 34983

$600,000
8
BD
2
BA
2,247
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$600,000
MLS#
B26075234
Status
ACTIVE
Bedrooms
8
Bathrooms
2
Sq. Ft
2,247
Lot Size
13,068
Subtype
Single Family Residence
County
St. Lucie
Community
Port St Lucie Section 27
Subdivision
Port St Lucie Section 27
Year Built
1990

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.

Additional Information

Heating
Central
Cooling
Ceiling Fan(s), Central Air
Roof
Comp Shingle Roof, Shingle
Sewer
Public Sewer, Public Sanitation, Sewer
Parking Spaces
7
Flooring
Tile, Vinyl
Construction
Stucco
Living Area
2,247
Pets Allowed
Yes
Tax Amount
$5,526

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of United Realty Group Inc., Contact: