Price Reduced 6.00%

$470,000 ($320.16 per sqft)

Est. Mortgage $2,254/mo *

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Price History

$499,999
2/12/2024

$499,998
6/6/2025

$499,997
8/8/2025

$475,000
1/25/2026

$470,000
5/22/2026

6990 SW 1st Street, Margate, FL, 33068

6990 SW 1st Street, Margate, FL, 33068
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5 beds

2 Full baths

1978

1,468 sqft

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!

Status:

Active

Type:

Single-family residential

Zoning:

R-3

Subdivision:

ORIOLE-MARGATE SEC 5

Garage:

1-car

Heating:

Central, Electric

Cooling:

Central Air, Electric

Levels:

1

Parking:

Driveway

Acreage:

0.15

Est. Taxes:

$6,913

Construction

CBS

View Description:

Garden

Amenities:

Other

Elementary School:

Atlantic West

Middle School:

Margate

High School:

Coconut Creek

Days on Market:

871

Pet Policy:

Yes, No Restrictions

Appliances:

Dryer, Electric Range, Refrigerator, Washer

MLS #:

A11531604

Community Info

School Info

Walk Score

Yelp

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