6990 SW 1st Street, Margate, FL 33068
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Active

$470,000

6990 SW 1st Street, Margate, FL 33068

5 Beds
2 Baths
1,468 Sq Ft
1978 Year Built

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 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!

Property Details

MLS Number
A11531604
Property Type
Single Family Residence
City
Margate
County
Broward
Subdivision
ORIOLE-MARGATE SEC 5
Garage
1 spaces