6990 SW 1st Street, Margate, FL 33068
- $460,000
- 5
- BD
- 2
- BA
- 1,468
- SqFt
- Sold Price
- $460,000
- List Price
- $470,000
- Days on Market
- 917
- Closing Date
- Sep 21, 2026
- MLS#
- A11531604
- Bedrooms
- 5
- Full Bathrooms
- 2
- Sq. Ft
- 1,468
- Subtype
- Single Family Residence
- County
- Broward
- Subdivision
- Oriole-Margate Sec 5
- Year Built
- 1978
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!
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Additional Information
- Garage Spaces
- 1
- Pets Allowed
- No Pet Restrictions, Yes
- Construction
- Block
- Cooling
- Central Air, Electric
- Flooring
- Ceramic Tile, Tile
- Heating
- Central, Electric
- Restrict
- NoRestrictions, OkToLease
- Roof
- Shingle
- Taxes
- $6,913
- View
- Garden
- Amenities
- Other
- Stories
- 1
- Acres
- 0.15
- Price Per Sqft
- $313
- Elementary School
- Atlantic West
- Middle School
- Margate
- High School
- Coconut Creek
Mortgage Calculator
Listing courtesy of London Foster Realty. Contact:
Selling Office: Realty One Group Estates.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Denise Andrea Haeussler Leatherbee | Email: denise@dhinvest.us