$470,000
Single Family ResidenceActive6990 SW 1st St, Margate FL 33068
MLS #A11531604About This Property
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!
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Blue Mar Real Estate Group
Property Details
Property Type
Single Family Residence
Year Built
1978
Living Area
1,468 sq ft
Lot Size
6,497 sq ft
Bedrooms
5
Bathrooms
2
Garage
1 Space
Pool
No
Waterfront
No
Cooling
Central Air, Electric
Heating
Central, Electric
Roof Type
Shingle
Flooring
Ceramic Floor, Tile
Construction
CBS Construction
Style
Detached, One Story
HOA Fee
None
Annual Taxes
$6,913 (2023)
Days on Market
777
MLS #
A11531604
Features & Amenities
Interior
Appliances
Exterior
Community
Other
Similar Homes Nearby
Location
City
Margate
State
FL
ZIP Code
33068
County
Broward County
Listing provided by Denise Haeussler Leatherbee at London Foster Realty. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11531604.