6990 SW 1st St, Margate FL 33068 | Broward County | A11531604
- $470,000
- Single Family Residence
- 5
- 2
- 1
- 1468 Sq Ft
- $470,000
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 June 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!
Property Overview
This property is a 1468 square foot home built in 1978, featuring 5 bedrooms and 2 bathrooms. It is currently listed for sale at $470,000.
The home is located at 6990 SW 1st St, Margate FL 33068 in Broward County. For more details, refer to MLS# A11531604.
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Monthly Fees & Carrying Costs
- Membership Required: No
Address
Open on Google Maps-
Address: 1st St
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City: Margate
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State/county: Broward County
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Zip/Postal Code: 33068
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Area: ORIOLE-MARGATE SEC 5
Details
Updated on June 26, 2026 at 6:42 am-
Property ID A11531604
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Price $470,000
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Property Size 1468 Sq Ft
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Bedrooms 5
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Room 0
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Bathrooms 2
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Garage 1
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Year Built 1978
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Type Single Family Residence
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Property Status Active, Residential
Additional details
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Flooring Ceramic Floor, Tile
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Bedroom Features At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
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Cooling Central Air, Electric
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Association Type None
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Building ORIOLE-MARGATE SEC 5
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Area Oriole-margate Sec 5
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Annual Tax 6913
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 2
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Subdivision ORIOLE-MARGATE SEC 5
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Restrictions No Restrictions, Ok To Lease
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Parking Driveway, Other
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Heating Central, Electric
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Structure Type R30-No Pool/No Water, House
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Tax Year 2023
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Construction CBS Construction
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Building Area 1793
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Covered Spaces 1
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View Garden
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Year Built Details Effective Year Built
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Pets Allowed Yes
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Half Bathrooms 0
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Flood Zone X
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New Construction No
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Garage Spaces 1
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Style R30-No Pool/No Water
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Association Fee 0
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Lot Size (Sq Ft) 6497
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Membership Purchase Required No
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