ORIOLE-MARGATE SEC 5
6990 SW 1st St, Margate FL 33068
5 beds · 2 baths · 1,468 ft²
5
Bedrooms
2
Bathrooms
1,468
Sq. Ft.
1978
Year Built
1
Garage
823
Days on Market
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!
Facts
- MLS#
- A11531604
- Subdivision
- ORIOLE-MARGATE SEC 5
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 6,497 ft²
- Sq. Ft.
- 1,468 ft²
- Sq. Mt.
- 136 m²
- Price per sq. ft.
- $320/ft²
- Price per sq. mt.
- $3,456/m²
- Stories
- —
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 823 days
- Listed
- Feb 12, 2024
- Last Updated
- Aug 2, 2026
- Price/Lot Sq.Ft.
- $72/ft²
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Market insights for Margate
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
August 2026
31
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/22/2026 | Price change | $470,000-6.0% |
| 2/12/2024 | Listed for sale | $499,999 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
College Preparatory Academy At Wellen ParkKG,1,2,3,4,5,6 · charter · 0.3 mi
- Renaissance Charter School at Tradition
KG,1,2,3,4,5,6,7,8 · charter · 0.3 mi
- St Coleman School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.7 mi
- McNab Elementary School
PK,KG,1,2,3,4,5 · public · 0.7 mi
- HI Tech Kidz Kollege
PK,KG,1,2,3,4,5 · private · 0.8 mi
- Westminster Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
- Christ Church School
PK,KG,1,2,3,4,5 · private · 1.3 mi
- Pine Crest School
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.4 mi
- Cardinal Gibbons High School
9,10,11,12 · private · 1.4 mi
- Shepherd Of The Coast
KG,1,2,3,4,5,6,7,8 · private · 1.5 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$3,043/mo
Principal & Interest
$2,502
Property Tax
$392
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated 4 hours ago
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