6990 SW 1st St, Margate FL 33068

For sale Days on market 792

ORIOLE-MARGATE SEC 5 [ Single Family Residence ]

$470,000

$320/sq ft

$29,999
Price Decreased

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Overview

Bedroom

Bath

Year Built

1978

Garage

Sqft

1468

Property Type

Single Family Residence

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 July 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!

Property Details

MLS#

A11531604

Garage

Building

ORIOLE-MARGATE SEC 5

Address

6990 1st St SW

City

Margate

State/county

Zip/Postal Code

33068

Area

Oriole-margate Sec 5

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,913

Maint Fee

$--

Tax Year

2023

Dryer

Electric Range

Refrigerator

Washer

Garden

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