6990 SW 1st Street, Margate, FL 33068
- $470,000
- 5
- BD
- 2
- BA
- 1,468
- SqFt
- List Price
- $470,000
- Status
- ACTIVE
- Days on Market
- 768
- MLS#
- A11531604
- Subtype
- Residential
- Year Built
- 1978
- Bedrooms
- 5
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,468
- Acres
- 0.15
- Subdivision
- Oriole-Margate Sec 5
- MLS Area Major
- 3633
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!
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Additional Information
- Amenities
- Other
- Interior Features
- Bedroom on Main Level, Main Level Primary
- Exterior Features
- Other
- Taxes
- $6,913
- Flooring
- Ceramic Tile, Tile
- Appliances
- Dryer, Electric Range, Refrigerator, Washer
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
- Exterior Construction
- Block
- Stories
- 1
- Levels
- One
- Roof
- Shingle
- Parking Features
- Driveway
- Garage Spaces
- 1
- Elementary School
- Atlantic West
- Middle School
- Margate
- High School
- Coconut Creek
- View
- Garden
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Listing courtesy of London Foster Realty. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Denise Andrea Haeussler Leatherbee | Email: denise@dhinvest.us