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
- Subdivision
- Oriole-margate Sec 5
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 5
- Full baths
- 2
- Living Area
- 1,468
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
- Days on Market
- 916
- View
- Garden
- Tax Amount
- $6,913
- Parcel Number
- 484135060360
- #Garage Spaces
- 1
- Bedroom Description
- At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
- Front Exposure
- North
- Lot Size
- 6,497
- Exterior Features
- Other
- Parking Restrictions
- Driveway, Other
- Pet Restrictions
- Yes
- Pets Allowed
- Yes
- Address
- 6990 Sw 1st St, Margate
- SqFt Liv Area
- 1,468
- Year Built
- 1978
- Design
- Detached, One Story
- Development Name
- Oriole-Margate Sec 5
- Style
- R30-No Pool/No Water, House
- Restrictions
- No Restrictions, Ok To Lease
- Construction Type
- CBS Construction
- Interior Features
- First Floor Entry, No Additional Rooms
- Section
- 35
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Listing Courtesy of London Foster Realty, Contact: