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468 SW Prado Avenue, Port St Lucie, Florida 34983

Active For Sale
$600,000
  • Beds 8
  • Baths 2
  • Sq Ft 2,247 Sqft
  • Visits: 3 in 8 days

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.

Features

  • Swimming Pool: No
  • Heating System: Central
  • Cooling System: Central Air, Ceiling Fan(s)
  • Parking: Driveway, Garage, Attached, Two or More Spaces

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater, Ice Maker

Address Map

  • Country: US
  • State: FL
  • County: St Lucie
  • City: Port St Lucie
  • Subdivision: PORT ST LUCIE SECTION 27
  • Zipcode: 34983
  • Street: Prado
  • Street Number: 468
  • Street Suffix: Avenue
  • Floor Number: 0
  • Longitude: W81° 38' 19.2''
  • Latitude: N27° 18' 32.4''
  • Street Dir Prefix: SW
  • MLS Area: 7270

MLS Addon

  • Architectural Style: One Story, Ranch
  • Association Fee: $0
  • Association Fee Frequency: Monthly
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Exterior Features: Storm/Security Shutters
  • Fireplaces Total: 0
  • Flooring: Tile, Vinyl
  • Garage Spaces: 2
  • Insurance Expense: $0
  • Interior Features: Other, High Ceilings
  • Levels: One
  • Lot Features: 1/4 to 1/2 Acre Lot, <1 Acre, Corner Lot
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 1
  • Tax Annual Amount: $5,526
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available, Phone Available

Location

Listing Updated: 2026-09-18 16:15:56

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : B26075234
  • Price : $600,000
  • View : Ocean
  • Bedrooms : 8
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 2,247 Sqft
  • Year Built : 1990
  • Lot Area : 0.30 Acre
  • Listing Status : Active
  • Days On Market : 8
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