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6990 SW 1st St, Margate FL 33068

Residential

6990 1st St

Margate, FL 33068

ML#:A11531604
List Price:$470,000
Status:Active
Days on Market:823
Listing Brkr:London Foster Realty
Subdivision:ORIOLE-MARGATE SEC 5
Bedrooms:5
Baths:2
SqFt (Liv):1,468
Lot Size:6497 sqft
Year Built:1978
Stories:

General Information

Type Property:Residential
Style:Single Family Residence
Pool:
Garage Spaces:1
Parking:

Location Information

County:Miami-Dade County
Zip:33068
Subdivision:ORIOLE-MARGATE SEC 5
Latitude:26.229356
Longitude:-80.219561

Rooms

Total Rooms:0
Bedrooms:5
Full Baths:2
Half Baths:0

Additional Features

Interior:First Floor Entry, No Additional Rooms
Exterior:Other
Appliances:Dryer, Electric Range, Refrigerator, Washer
Flooring:Ceramic Floor, Tile
View:Garden
Heating:Central, Electric
Cooling:Central Air, Electric
Construction:CBS Construction
Waterfront:No
Pets Allowed:Yes
Community:Other

Financial Information

Annual Taxes (2023):$6,913
Original Price:$499,999
Days on Market:823

Remarks

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!

Listing Agent

Denise Haeussler Leatherbee

London Foster Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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