6990 SW 1st Street, Margate, FL 33068

$470,000
5
BD
2
BA
1,468
SqFt

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List Price
$470,000
Days on Market
768
MLS#
A11531604
Year Built
1978
Bedrooms
5
Bathrooms
2
Living Area
1,468
Acres
0.15
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 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!

Additional Information

Taxes
$6,913
Interior Features
Bedroom on Main Level, Main Level Primary
Appliances
Dryer, Electric Range, Refrigerator, Washer
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Exterior Construction
Block
Roof
Shingle
Garage Spaces
1
Elementary School
Atlantic West
Middle School
Margate
High School
Coconut Creek

Listing courtesy of London Foster Realty.

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