6990 SW 1st Street, Margate, FL 33068

Margate, FL 33068
$470,000
6% from $499,999
Beds
5
Baths
2
Living Area
1,468 SF
Year Built
1978
$/SF
$320
Type
SingleFamilyResidence
DOM
910
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About this property

5 bed · 2 bath · 1,468 sqft · Built 1978

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!

Property facts
Property type
SingleFamilyResidence
Year built
1978
Stories
1
Roof
Shingle
Subdivision
ORIOLE-MARGATE SEC 5
Waterfront
No
Private pool
No
Public records
Parcel number
484135060360
Annual tax
$6,913
County just value
$418,500

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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 8/11/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.

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