Description

6 bed, 2 bath waterfront home on a large 6,924 sqft lot. Rented for $5,433/month. The rental income is supported by a government housing assistance program (as of March: $4,716 government / $717 tenant). Lease renews 10/31/2026. The tenant has been at the property since December 2022. Roof 2020, AC 2022||

Current management company available for seamless transition. Please do not disturb tenant or knock on the door!

|| PORTFOLIO SALE AVAILABLE (review broker’s remarks)
~10.4% return after property taxes, based on current contractual rents (before other operating expenses).
Investment opportunity consisting of a 9 single-family homes portfolio located in Broward County, Florida.
* Total portfolio asking price: $4,198,000.
* Total contractual rents for the portfolio: $42,497/month ($509,964/year).
* Total 2025 property taxes: $73,955.
*Tenant rents include a portion paid directly by the government.

Address

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Address: 50th Ave
City: Margate
State/county: Broward County
Zip/Postal Code: 33068
Area: OAKLAND HILLS 4TH SEC

Details

Updated on April 18, 2026 at 2:42 am

Property ID A11959930
Price $540,000
Property Size 1735 Square Feet
Bedrooms 6
Bathrooms 2
Garage 0
Year Built 1979
Type Single Family Residence
Property Status Residential

Additional details

ArchitecturalStyle Detached, One Story
AssociationFee 275
AssociationFeeFrequency Annually
BathroomsFull 2
BathroomsHalf 0
BuildingAreaTotal 2132
BuildingAreaUnits Square Feet
BuildingName OAKLAND HILLS 4TH SEC
CarportSpaces 0
CommunityFeatures None
ConstructionMaterials Stucco
ContractStatusChangeDate 2026-02-06
Cooling Ceiling Fan(s), Central Air
CoveredSpaces 0
DaysOnMarket 42
DirectionFaces East
ElementarySchool Liberty
ExpirationDate 2026-08-06
Fencing Fenced
Flooring Ceramic Floor, Tile
FrontageLength 61
Heating Central
HighSchool Coconut Crk High
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 302-648-2277
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 6924
MLSAreaMajor Oakland Hills 4th Sec
MajorChangeTimestamp April 18, 2026 at 04:32am
MajorChangeType Back On Market
MiddleOrJuniorSchool Margate Middle
MlsStatus Active
ModificationTimestamp April 18, 2026 at 04:32am
OnMarketDate 2026-02-06
OriginalEntryTimestamp February 14, 2026 at 04:31am
OriginalListPrice 540000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 494206150010
ParkingFeatures Driveway
PetsAllowed Yes
PhotosChangeTimestamp February 14, 2026 at 04:32am
PhotosCount 10
Possession Funding
PostalCodePlus4 3135
PriceChangeTimestamp February 14, 2026 at 04:31am
PublicSurveyRange 49
PublicSurveyTownship 49
Roof Other
RoomsTotal 0
Sewer Public Sewer
ShowingInstructions See Broker Remarks, Showing Assist
SourceSystemKey 426410118
StateOrProvince FL
StatusChangeTimestamp April 18, 2026 at 04:32am
StreetDirPrefix SW
StreetName 50th Ave
StreetNumber 830
StreetNumberNumeric 830
StructureType House
SyndicationRemarks 6 bed, 2 bath waterfront home on a large 6, 924 sqft lot. Rented for $5, 433/month. The rental income is supported by a government housing assistance program (as of March: $4, 716 government / $717 tenant). Lease renews 10/31/2026. The tenant has been at the property since December 2022. Roof 2020, AC 2022|| Current management company available for seamless transition. Please do not disturb tenant or knock on the door! || PORTFOLIO SALE AVAILABLE (review broker's remarks) ~10.4% return after property taxes, based on current contractual rents (before other operating expenses). Investment opportunity consisting of a 9 single-family homes portfolio located in Broward County, Florida. * Total portfolio asking price: $4, 198, 000. * Total contractual rents for the portfolio: $42, 497/month ($509, 964/year). * Total 2025 property taxes: $73, 955. *Tenant rents include a portion paid directly by the government.
TaxAnnualAmount 9289
TaxLegalDescription OAKLAND HILLS 4TH SEC 80-16 B LOT 7 BLK 8
TaxYear 2025
View Canal, Garden, Water
WaterSource Municipal Water
WaterfrontFeatures WF/No Ocean Access, Canal Front
YearBuiltDetails Effective Year Built
Zoning R-1C