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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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468 SW Prado Ave , Port St Lucie, FL 34983
$600,000
Est. Payment: $1,333.33/mo
8 Bed
2 Bath
2247 Sqft
Status: Active | Days on site: 7
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FLL276802613 - FLL276625337
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House 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.

Highlights

Listed by Alyssa Lynn Troiano , 561-727-7295 United Realty Group Inc. , 954-450-2000.

Property Type

Residential

Lot/Acreage
0.3

Year Built

1990

County

St Lucie

Area

7270

Neighborhood

Port St Lucie Section 27

Listing ID

B26075234

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Tile,Vinyl
Other:
  • Additional:High Ceilings
Water:Public

Exterior Features

Lot:<1 Acre,Corner Lot,1/4 to 1/2 Acre Lot
Garage Capacity:7
Zoning:RS-2 PSL
Roof:Composition,Shingle
Others:
  • Additional:Storm/Security Shutters
Sewer:Public Sewer
Parking Features:Attached,Driveway,Garage,Two or More Spaces
Principal Interest
$1,333
Taxes
$461

Home Price

$600,000

Loan Details

30 yrs
%

Down Payment

20%
$120,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,333.33 $460.50 $0.00 $1,793.83
Yearly $16,000.00 $5,526.00 $0.00 $21,526.00
Total $480,000.00 $165,780.00 $0.00 $645,780.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Port St Lucie, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.