6990 SW 1st St
margate, FL 33068$470,000
- 5 BR2 BAapprox. 1,468 SF
- Contract signed
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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!
Details
1,468 Sq Ft
6,497 Sq Ft Lot Size
single family home
$576 Monthly Tax
Built in 1978
MLS/Listing ID A11531604
ORIOLE-MARGATE SEC 5
Amenities & Features
Construction - CBS
Cooling - Central Air
Cooling - Electric
Fenced
Ceramic Tile
Tile
Heating - Electric
First Floor Entry
No Additional Rooms
Parking - Driveway
Dryer
Electric Range
Refrigerator
Washer
Style - Detached
Style - One Story
Shingle
Garden View
Public Sewer
Water
Pets Allowed
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