468 SW Prado Ave

Port St Lucie, FL 34983
  • $600,000

    Price
  • 8

    Bed
  • 2

    Bath
  • 2,247

    SqFt

About the Listing 276802613 - 276625337

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.

Listing Highlights

Status Active
Days on Site 8
Property Type Residential
MLS ® B26075234
Year Built 1990
Total Square Footage 2,247
Lot/Acreage 0.3

Interior Details

  • Bedrooms: 8
  • Bathrooms: 2 Full
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
  • Air Cond: Central Air,Ceiling Fan(s)
  • Heating: Central
  • Fireplaces:
  • Floor: Tile,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: High Ceilings,Pets Allowed
  • Water: Public

Exterior Details

  • Lot Description: Corner Lot,1/4 to 1/2 Acre Lot
  • Garage Capacity: 2 car
  • Parking Spaces: 7
  • Zoning: RS-2 PSL
  • Roof: Shingle
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Attached,Driveway,Garage

Financial Details

  • Tax Amount: $5,527
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 342063020790002
  • Tax Year: 2025

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468 SW Prado Ave Port St Lucie, FL 34983

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Originating MLS: BEACH

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Nicole Gary

CEO - The Nicole Gary Team | The Nicole Gary Team

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