bernardpoirier

468 SW Prado Avenue, Port St. Lucie FL 34983

Active

Listing #B26075234

$600000
8 Bedrooms
2 full Bathrooms
13068 Square Feet
Residential Type

About This Property

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.

Property Features

Location Information

County

St Lucie County

Section

Area

3132

Subdivision

PORT ST LUCIE SECTION 27

Interior Features

Interior

Volume Ceilings

Cooling

Ceiling Fan(s), Central Air

Bedrooms

8

Floors

Tile, Vinyl

Full Baths

2

Appliances

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

Heating

Central

Exterior Features

Style

Ranch, One Story

Garage Spaces

2

Construction/Exterior

Stucco

Patio / Deck Description

Exterior

Has a Pool

Possession

Lot Size in Acres

0.3

Water

Public

Sewer

Public Sewer, Public Sanitation, Sewer

Lot Size in Sq. Ft.

13068

Has Waterfront

No

Parking Description

2 Or More Spaces, Driveway, Parking Garage

View

Has Garage

Yes

Additional Information

Roof/Attic

Comp Shingle Roof, Shingle

Senior Community

No

Other Utilities

Phone Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Property Type

Residential

Pets

Yes

Property SubType 2

Single Family Residence

Tax Year

2025

Year Built

1990

Tax Amount

$5526

APN

NA

Square Feet Source

NA

Map

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