830 SW 50th Ave, Margate FL 33068

For sale Days on market 42

OAKLAND HILLS 4TH SEC [ Single Family Residence ]

$540,000

$311/sq ft

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Overview

Bedroom

Bath

Year Built

1979

Sqft

1735

Property Type

Single Family Residence

Property Description

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.

Property Details

MLS#

A11959930

Building

OAKLAND HILLS 4TH SEC

Address

830 50th Ave SW

City

Margate

State/county

Zip/Postal Code

33068

Area

Oakland Hills 4th Sec

Country

United States

HOA

Yes

Assoc Fee

$275

Assoc Fee Pd

Annually

Tax Amount

$9,289

Maint Fee

$--

Tax Year

2025

Dryer

Electric Range

Refrigerator

Washer

Canal

Garden

Water

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