6990 SW 1st St, Margate, FL 33068
6990 SW 1st St, Margate, FL 33068
6990 SW 1st St, Margate, FL 33068
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$470,000
Est. payment /mo
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5 Beds
2 Baths
1,468 SqFt
Active

6990 SW 1st St Margate, FL 33068

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Sammy Hernandez

Sammy Hernandez

+1(786) 203-8671

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,468 sqft

Price per Sqft $320

Subdivision Oriole-Margate Sec 5

MLS Listing ID A11531604

Style Detached,One Story

Bedrooms 5

Full Baths 2

HOA Y/N Yes

Year Built 1978

Annual Tax Amount $6,913

Tax Year 2023

Lot Size 6,497 Sqft

Property Sub-Type Single Family Residence

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!

Location

State FL

County Broward

Community Oriole-Margate Sec 5

Area 3633

Interior

Interior Features Bedroom on Main Level, First Floor Entry, Main Level Primary

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile, Tile

Appliance Dryer, Electric Range, Refrigerator, Washer

Exterior

Exterior Feature Fence, Other

Garage Spaces 1.0

Pool None

Community Features Other

View Garden

Roof Type Shingle

Garage Yes

Private Pool No

Building

Lot Description < 1/4 Acre

Faces North

Story 1

Sewer Public Sewer

Water Public

Architectural Style Detached, One Story

Structure Type Block

Others

Pets Allowed Cats OK, Dogs OK, No, Yes

Senior Community No

Restrictions No Restrictions,OK To Lease

Tax ID 484135060360

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Pets Allowed Cats OK, Dogs OK, No, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11531604

Miami Association of Realtors (SEFMIAMI MLS)
Listed by London Foster Realty

NEARBY SCHOOL & BUSINESS

Sammy Hernandez

+1(786) 203-8671

sammysellsmiami@gmail.com

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6990 SW 1st St

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