6990 Sw 1st St, Margate, FL 33068
- $470,000
- 5
- BD
- 2
- BA
- 1,468
- SqFt
- List Price
- $470,000
- Price Change
- ▼ $5,000 1779443562
- MLS#
- A11531604
- Bedrooms
- 5
- Bathrooms
- 2
- Sq. Ft
- 1,468
- Lot Size
- 6,497
- Subtype
- Single Family Residence
- County
- Broward
- Community
- Oriole-margate Sec 5
- Subdivision
- Oriole-margate Sec 5
- Year Built
- 1978
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!
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Additional Information
- Front Exposure
- North
- Pets Allowed
- Yes
- Status Label
- ACTIVE
- Construction
- CBS Construction
- Cooling
- Central Air, Electric
- Equipment
- Dryer, Electric Range, Refrigerator, Washer
- Flooring
- Ceramic Floor, Tile
- Heating
- Central, Electric
- Lot Description
- Less Than 1/4 Acre Lot
- Parking
- Driveway, Other
- Roof
- Shingle
- Bedroom Description
- At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
- Taxes
- $6,913
- View
- Garden
- Roofing
- Shingle
- Price Per Sqft
- $320
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Listing Courtesy Of London Foster Realty, Contact: