6990 SW 1st St Margate, FL 33068
$470,000
5 Beds
2 Baths
1468 SQFT
MLS#
A11531604
Type
Single Family Residence
Status
Active Listing
Square Footage
1,468
Bedrooms
5
Bathrooms
2 full
Year Built
1978
Tax Amount
$6,913
Garage Spaces
1
HOA Fees
$0
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 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!
Cooling: Central Air, Electric
Other
First Floor Entry
No Additional Rooms
per month
Principal & Interest
Property Tax
Mortgage Insurance
HOA
Home Owners Insurance