6990 SW 1st ST, Margate, FL 33068
6990 SW 1st ST, Margate, FL 33068
6990 SW 1st ST, Margate, FL 33068
33
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$470,000
Est. payment /mo
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5 Beds
2 Baths
1,468 SqFt
Active Under Contract

6990 SW 1st ST Margate, FL 33068

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London Foster Florida

London Foster Florida

+1(844) 566-3663

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,468 sqft

Price per Sqft $320

Subdivision Oriole-Margate Sec 5

MLS Listing ID A11531604

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1978

Annual Tax Amount $6,913

Tax Year 2023

Contingent Inspection

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-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 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!

Location

State FL

County Broward

Area 3633

Interior

Interior Features Bedroom on Main Level, Main Level Primary

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile, Tile

Fireplace No

Appliance Dryer, Electric Range, Refrigerator, Washer

Exterior

Exterior Feature Other

Parking Features Driveway

Garage Spaces 1.0

Fence Fenced

Amenities Available Other

View Y/N Yes

Water Access Desc Public

View Garden

Roof Type Shingle

Garage Yes

Private Pool No

Building

Faces North

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Unit Floor 1

Schools

Elementary Schools Atlantic West

Middle Schools Margate

High Schools Coconut Creek

Others

Pets Allowed Yes

Senior Community No

Tax ID 484135060360

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11531604

BeachesMLS, Inc. (FLR) VOW
Listed by Denise Andrea Haeussler Leatherbee London Foster Realty

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London Foster Florida

London Foster Florida

+1(844) 566-3663

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6990 SW 1st ST