Property Description
No HOA • $56,196/year gross rental income • Actual ROI 10.16% • Excellent investment property rented for $4,683/month, with 100% of the rent paid through a government housing assistance program as of August 2026 • Tenant in place since March 2025; lease renews 02/28/2027 • 5-bed, 2-bath single-family home • Corner lot with 6,497 sqft and room for a pool and outdoor living • HVAC 2025 • Water heater 2024 • Strong in-place income with a stable tenant • Strong rental income supports the list price • Current management company available for a smooth transition • Please do not disturb tenant or knock on the door!
Features
- Swimming Pool
- Heating System
- Cooling System
- View
- Pet Allowed:
- Yes, No Pet Restrictions
- Appliances
- Architectural Style
- Community Features:
- Other
- Parking Features
- Roof:
- Shingle
- Sewer
Address Map
- State:
- FL
- County:
- Broward
- City:
- Margate
- Zipcode:
- 33068
- Street:
- 6990 Sw 1st St, Margate, Florida 33068
- Longitude:
- W81° 46' 50''
- Latitude:
- N26° 13' 46.1''
MLS Addon
- Bathrooms Total:
- 2
- Building Area:
- 1,793 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 823
- DOM:
- 823
- Direction Faces:
- North
- Exterior Features
- Flooring:
- Tile, Ceramic Tile
- Garage Spaces:
- 1
- Interior Features
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 484135060360
- Subdivision Name:
- ORIOLE-MARGATE SEC 5
- Tax Annual Amount:
- $6,913
- Tax Year:
- 2023
- Virtual Tour:
- Click Here
Residential For Sale
6990 Sw 1st St, Margate, Florida 33068, Margate, Florida 33068
5 Bedrooms
2 Bathrooms
1,468 Sqft
$470,000
MLS # #A11531604
Basic Details
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $470,000
- Bedrooms :
- 5
- Bathrooms :
- 2
- Square Footage :
- 1,468 Sqft
- Year Built :
- 1978
- Lot Area :
- 6,497 Sqft
- MLS # :
- A11531604
- Property Sub Type :
- Single Family Residence
