6990 SW 1st St, Margate, FL 33068

Margate
Local realty services provided by:First Service Realty ERA Powered
6990 SW 1st St,Margate, FL 33068
$470,000
Virtual Tour
  • 5 Beds
  • 2 Baths
  • 1,468 sq. ft.
  • Single family
  • Active
Listed by: denise haeussler leatherbee
Office: london foster realty305-514-0100
MLS#:A11531604
Source:SEFMLS

Price summary

  • Price:$470,000
  • Price per sq. ft.:$262.13

About this home

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!

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Home facts

  • Year built:1978
  • Subdivision & Development:ORIOLE-MARGATE SEC 5
  • Listing ID #:A11531604
  • Updated:August 04, 2026 at 09:54 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Ceramic Tile, Tile
  • Kitchen Description:Electric Range, Refrigerator
  • Bedroom Description:Main Level Primary
  • Living area:1,468 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1978
  • Building area:1,468 sq. ft.
  • Lot area:0.15 Acres
  • Architectural Style:Detached, One Story
  • Construction Materials:Block
  • Exterior Features:Fence
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$470,000
  • Price per sq. ft.:$262.13
  • Tax amount:$6,913 (2023)

Features and amenities

  • Appliances:Dryer, Electric Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Parking description:Driveway
  • Garage:Yes
  • Garage spaces:1
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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