6 bed, 2 bath waterfront home on a large 6,924 sqft lot. Rented for $5,433/month. The rental income is supported by a government housing assistance program (as of March: $4,716 government / $717 tenant). Lease renews 10/31/2026. The tenant has been at the property since December 2022. Roof 2020, AC 2022||
Current management company available for seamless transition. Please do not disturb tenant or knock on the door!
|| PORTFOLIO SALE AVAILABLE (review broker’s remarks)
~10.4% return after property taxes, based on current contractual rents (before other operating expenses).
Investment opportunity consisting of a 9 single-family homes portfolio located in Broward County, Florida.
* Total portfolio asking price: $4,198,000.
* Total contractual rents for the portfolio: $42,497/month ($509,964/year).
* Total 2025 property taxes: $73,955.
*Tenant rents include a portion paid directly by the government.
- Swimming Pool
- Heating System
- Cooling System
- View
- Pet Allowed:
- Yes, No Pet Restrictions
- Appliances
- Architectural Style
- Parking Features
- Roof:
- Other
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Margate
- Zipcode:
- 33068
- Street:
- 830 Sw 50th Ave, Margate, Florida 33068
- Longitude:
- W81° 48' 17.5''
- Latitude:
- N26° 13' 7.7''
- Association Fee:
- $275
- Association Fee Frequency:
- Annually
- Bathrooms Total:
- 2
- Building Area:
- 2,132 Sqft
- Construction Materials:
- Stucco
- Cumulative DOM:
- 42
- DOM:
- 43
- Direction Faces:
- East
- Elementary School:
- Liberty
- Exterior Features
- Flooring:
- Tile, Ceramic Tile
- Frontage Length:
- 61
- Interior Features
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 494206150010
- Subdivision Name:
- OAKLAND HILLS 4TH SEC
- Tax Annual Amount:
- $9,289
- Tax Year:
- 2025
- Virtual Tour:
- Click Here
- Waterfront Features
Residential For Sale
830 Sw 50th Ave, Margate, Florida 33068, Margate, Florida 33068
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $540,000
- Bedrooms :
- 6
- Bathrooms :
- 2
- Square Footage :
- 1,735 Sqft
- Year Built :
- 1979
- Lot Area :
- 6,924 Sqft
- MLS # :
- A11959930
- Property Sub Type :
- Single Family Residence
