$470,000 USD
Single Family Home for Sale, 6990 SW 1st St, Margate, Florida 33068
- MLS#A11531604
- 5
- 2
136 m² (1,468 ft²)
Listed By London Foster Realty
The Single Family Home for Sale located at 6990 SW 1st St, Margate, Florida 33068 is currently for sale. 6990 SW 1st St, Margate, Florida 33068 is listed for $470,000. This property has 5 bedrooms, 2 bathrooms.
Property features
Property
- Property size:
136 m² (1,468 ft²) - Features: Garage
- Location: Subdivision
Lot/Land
- Land/Lot size:
604 m² (6,497 ft²) - Lot description: Fenced
Construction
- Year built: 1978
- Roofing: Shingle
- Construction: Detached
Bedrooms
- Bedrooms: 5
Bathrooms
- Total bathrooms: 2
- Full bathrooms: 2
View
- Features: Garden
Heating and Cooling
- Heating system: ElectricCentral
- Cooling system: ElectricCentral AC
Utilities
- Other utilities: Public Sewer
Community
- Features: Pets Allowed
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 July 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!
Location
6990 SW 1st St, Margate, Florida 33068