Address
468 Sw Prado Avenue, Port St Lucie, FL
Price
$ 600,000
Property Attributes
  • MLS#B26075234
  • TypeSingle Family
  • Listing Status Active
  • CountySt Lucie
  • CityPort St Lucie
  • Area7270
  • NeighborhoodPORT ST LUCIE SECTION 27
  • Zip34983
  • Style
  • Year Built1990
  • Taxes$ 5526
  • Price$ 600,000
  • Bedrooms8
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2247
  • Lot Size0.3 Acres
Data Source:
Beaches MLS (FL)
Property 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.

Price History
9/11/2026 Listed $600,000

General Features

Membership Required false
Sewer Public Sewer
Heating Central
Cooling Central Air,Ceiling Fan(s)
Utilities Cable Connected,Electricity Connected,Phone Available,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dryer,Dishwasher,Electric Range,Electric Water Heater,Ice Maker,Microwave,Range,Refrigerator,Water Heater,Washer
Garage Spaces 2
Architectural Style Ranch
Construction Materials Concrete,Stucco
Pets Allowed No Pet Restrictions,Yes
Year Built 1990
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Accessibility None
County St Lucie
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name PORT ST LUCIE SECTION 27
Facing Direction North
Garage Y/N true
Total Rooms 3
Full Baths 2
Status Active
City Port St Lucie
Senior Community Y/N false
MLS Area 7270
Carport Y/N false
Tax Annual Amount 5526.53
Property Condition Resale
MLS Area Minor SL04
Virtual Tour https://www.propertypanorama.com/468-SW-Prado-Avenue-Port-St-Lucie-FL-34983--B26075234/unbranded
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Single Family Residence
PostalCity Port St. Lucie
Legal Description PORT ST LUCIE-SECTION 27- BLK 153 LOT 36 (MAP 34/29S)

Interior Features

Interior Amenities High Ceilings,Other
Flooring Tile,Vinyl
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Total Bedrooms 8
Main Level Bedrooms 8
Main Level Bathrooms 2
Total Baths 2

Exterior Features

Parking Features Attached,Driveway,Garage
Lot Features Corner Lot,1/4 to 1/2 Acre Lot
Water Source Public
Total Parking 7
Lot Size Area 13068
Building Area Total 3132
Lot Size Acres 0.3
Waterfront Y/N false
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34983

Price
AVG $360K
$600K
Taxes
AVG $5,683
$5,526
Year Built
AVG 1994
1990