Sandpiper Bay, 1212 SE Petunia Ave

8
Beds
3
Baths
2,087
SqFt
$273
$/SqFt
Entry-Level House
Built in 1999
2 Parking
Outdoor Living Area
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%.
MLS Number: B26041782
On Site: 93 Days
Updated: 5 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 8
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: OutdoorLivingArea, Porch
Interior, Heating and Cooling
  • Interior Features: HighCeilings, KitchenIsland, Other, Pantry, Storage
  • Equipment / Appliances: Dryer, Dishwasher, ElectricWaterHeater, Microwave, Range, Refrigerator, WaterHeater, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile,Vinyl
  • Construction Type: House
  • Year Built: 1999
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2026-06-16T14:36:51.000-00:00
    • Directions: East
    • Pets Allowed: NoPetRestrictions, Yes
    Taxes, Fees & More
    • Taxes: 8520.52
    • Real Estate Taxes: 352500
    • Parking Description: Attached, Concrete, Driveway, Garage
    • Total Floors in Building: 1

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    Price History

    Current
    $570K
    High
    $610K
    Low
    $555K
    Total Change
    -6.6%
    $617K$583K$548KJun 26Jul 26Aug 26Sep 26
    Date
    Event
    Price
    Change
    Price Per
    09/03/2026
    Price Reduced
    $570K
    -5%
    $273 ft2
    $2,940 m2
    08/23/2026
    Price Increased
    $600K
    8.11%
    $287 ft2
    $3,095 m2
    07/26/2026
    Price Reduced
    $555K
    -9.02%
    $266 ft2
    $2,862 m2
    06/16/2026
    Listed
    $610K
     
    $292 ft2
    $3,146 m2
    09/03/2026
    $570K
    Event
    Price Reduced
    Change
    -5%
    Price Per
    $273 ft2
    $2,940 m2
    08/23/2026
    $600K
    Event
    Price Increased
    Change
    8.11%
    Price Per
    $287 ft2
    $3,095 m2
    07/26/2026
    $555K
    Event
    Price Reduced
    Change
    -9.02%
    Price Per
    $266 ft2
    $2,862 m2
    06/16/2026
    $610K
    Event
    Listed
    Price Per
    $292 ft2
    $3,146 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Alyssa TroianoUnited Realty Group Inc. • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    24

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    41

    100
    Sound Score®
    Bearable noise
    79

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    26

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    2 – 8 BR
    Bedrooms
    $135K – $600K
    Price Tier
    894 - 3,001
    SqFt Range
    1984
    Year Build
    1
    Total Floors

    Subdivision Amenities

    None

    Port St. Lucie
    Entry-Level
    Entry-Level Homes & Condos