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%.
For sale
Price increase: $45K (8/23)
$600,000
1212 SE Petunia Avenue, Port St Lucie, FL 34952
8beds
2,087sqft
Single Family Residence
Built in 1999
0.27 Acres Lot
$580,400 Zestimate®
$287/sqft
$-- HOA
What's special
- 69 days |
- 354 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Alyssa Lynn Troiano 561-727-7295,
United Realty Group Inc.
Source: BeachesMLS,MLS#: B26041782
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 8
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Water Heater, Washer
Features
- High Ceilings, Kitchen Island, Other, Pantry, Storage
- Flooring: Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,018
- Total interior livable area: 2,087 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Attached, Concrete, Driveway, Garage
- Attached garage spaces: 2
- Uncovered spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Screened
- Exterior features: Outdoor Living Area, Porch
Lot
- Size: 0.27 Acres
- Features: 1/4 to 1/2 Acre Lot
Details
- Parcel number: 342252503630009
- Zoning: RS-2 PSL
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Connected, Electricity Connected
Green energy
- Energy generation: Solar
Community & HOA
Community
- Subdivision: SOUTH PORT ST LUCIE UNIT 5
HOA
- Has HOA: No
Location
- Region: Port Saint Lucie
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $352,500
- Annual tax amount: $8,520
- Date on market: 6/16/2026
- Cumulative days on market: 69 days
- Listing terms: Cash,Other
- Electric utility on property: Yes
Estimated market value
Zestimate®
$580,400
Estimated sales range
$551,000 - $609,000
Rent Zestimate®
$2,898/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2026 | Price change | $600,000+8.1%$287/sqft |
Source: | ||
| 7/27/2026 | Price change | $555,000-9%$266/sqft |
Source: | ||
| 6/16/2026 | Listed for sale | $610,000+74.3%$292/sqft |
Source: | ||
| 7/25/2025 | Sold | $350,000-6.7%$168/sqft |
Source: | ||
| 6/3/2025 | Price change | $375,000-5.1%$180/sqft |
Source: | ||
| 5/5/2025 | Price change | $395,000-8.1%$189/sqft |
Source: | ||
| 2/28/2025 | Listed for sale | $430,000$206/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,521 +264% | $352,500 +165.3% |
| 2024 | $2,341 +3.3% | $132,856 +3% |
| 2023 | $2,266 +1.2% | $128,987 +3% |
| 2022 | $2,239 +4.9% | $125,231 +3% |
| 2021 | $2,135 +0.1% | $121,584 +1.4% |
| 2020 | $2,133 | $119,906 +2.3% |
| 2019 | $2,133 +1.6% | $117,211 +1.9% |
| 2018 | $2,099 +6.3% | $115,026 -37.4% |
| 2017 | $1,976 +1.6% | $183,800 +10.5% |
| 2016 | $1,945 +1.7% | $166,400 +26.5% |
| 2015 | $1,914 -0.9% | $131,500 +21% |
| 2014 | $1,930 | $108,707 +1.5% |
| 2013 | -- | $107,100 +1.2% |
| 2012 | -- | $105,800 -0.1% |
| 2011 | -- | $105,900 -0.9% |
| 2010 | -- | $106,900 -8.6% |
| 2009 | -- | $116,958 +0.1% |
| 2008 | -- | $116,841 +3% |
| 2007 | -- | $113,438 +2.5% |
| 2006 | -- | $110,671 +8.6% |
| 2005 | -- | $101,891 -2.3% |
| 2004 | -- | $104,318 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
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Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Sandpiper Bay
Nearby schools
GreatSchools rating
- 9/10Morningside Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 7/10Southport Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Port St. Lucie High SchoolGrades: 9-12Distance: 3.1 mi
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