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About This Property
Investor Special - Turnkey Co-Living / PadSplit Opportunity! Cash-flowing investment property currently operating as a successful co-living rental with a proven occupancy history. The property features 8 income-producing bedrooms, 3 full bathrooms, and a 2-car garage. The property consistently maintains 88%-100% occupancy, providing stable cash flow and quick turnover when vacancies occur. Gross revenue for May totaled $6,791, with an average monthly NOI of approximately $4,500-$5,300. All systems and operational processes are already in place, allowing a new owner to step in and begin generating income from day one. Included with the sale: Single-family home configured for co-living operations Transfer of active platform listings, guest reviews, and account setup Complete operational package including house rules, communication templates, and turnover procedures Existing vendor and maintenance contacts for a seamless management transition This is a rare opportunity to acquire a fully operational, income-producing co-living asset with established occupancy, streamlined operations, and strong cash-flow potential. Whether you're looking to expand your portfolio or enter the co-living space, this property offers a turnkey operation with immediate income. Projected cap rate: 8.70%.
Property Features
County
St Lucie County
Section
Area
3018
Subdivision
SOUTH PORT ST LUCIE UNIT 5
Interior
Cooking Island, Pantry, Volume Ceilings, Storage
Cooling
Central Air
Bedrooms
8
Floors
Tile, Vinyl
Full Baths
3
Appliances
Electric Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Heating
Central
Style
One Story
Garage Spaces
2
Construction/Exterior
Patio / Deck Description
Screened Porch
Exterior
Has a Pool
Possession
Lot Size in Acres
0.27
Water
Well
Sewer
Septic Tank
Lot Size in Sq. Ft.
11761
Has Waterfront
No
Parking Description
2 Or More Spaces, Driveway, Parking Garage
View
Has Garage
Yes
Roof/Attic
Comp Shingle Roof, Shingle
Senior Community
No
Other Utilities
Septic, Cable Available, Electricity Available
Property Type
Residential
Pets
Yes
Property SubType 2
Single Family Residence
Tax Year
2025
Year Built
1999
Tax Amount
$8520
APN
NA
Square Feet Source
NA
Map
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