$470,000
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6990 SW 1st St Margate, FL 33068
5 Beds
2 Baths
1,468 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,468 sqft
Price per Sqft $313
Subdivision Oriole-Margate Sec 5
MLS Listing ID A11531604
Sold Date 09/21/26
Style Detached,One Story
Bedrooms 5
Full Baths 2
HOA Y/N Yes
Year Built 1978
Annual Tax Amount $6,913
Tax Year 2023
Contingent Financing
Lot Size 6,497 Sqft
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 September 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
Community Oriole-Margate Sec 5
Area 3633
Zoning R-3
Interior
Interior Features Bedroom on Main Level, First Floor Entry, Main Level Primary
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Tile
Appliance Dryer, Electric Range, Refrigerator, Washer
Exterior
Exterior Feature Fence, Other
Garage Spaces 1.0
Pool None
Community Features Other
View Garden
Roof Type Shingle
Garage Yes
Private Pool No
Building
Lot Description < 1/4 Acre
Faces North
Story 1
Sewer Public Sewer
Water Public
Architectural Style Detached, One Story
Structure Type Block
Others
Pets Allowed Cats OK, Dogs OK, No, Yes
Senior Community No
Restrictions No Restrictions,OK To Lease
Tax ID 484135060360
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Pets Allowed Cats OK, Dogs OK, No, Yes
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Bought with Realty One Group Estates