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468 SW Prado Avenue, Port St. Lucie FL 34983

House For Sale
$600,000

BTC: 7.17531691

ETH: 246.71052632

40 days
8 bds
2 ba
2,247 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Driveway / Parking Garage
Year Built:
1990
Lot:
0.30 Acres
Heating:
Central
Price/sqft:
$267
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Highlights

Annual tax
$5,526
2025
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Volume Ceilings

    Bedrooms and bathrooms

    • Bedrooms: 8

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Driveway

    • Parking Garage

    Property

    • Levels: 1

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 342063020790002

    • Zoning: RS-2 PSL

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Phone Connected

    • Cable Available

    • Electricity Available

    • Phone Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $5,526

  • Source details

    • MLS ID: B26075234

    Other facts

    • Construction Materials: Stucco

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Corner Lot / Less Than 1 Acre

    • Window Features: Complete Panel Shutters/Awnings

    • Direction Faces: North

    • Other Structures: Livable

    • Architectural Style: Ranch / One Story

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2247

    • Water Source: Public

    • Subdivision Name: PORT ST LUCIE SECTION 27

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: United Realty Group Inc.