6990 SW 1st Street, Margate, FL 33068
- Beds
- 5
- Baths
- 2
- Living Area
- 1,468 SF
- Year Built
- 1978
- $/SF
- $320
- Type
- SingleFamilyResidence
- DOM
- 910
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 type
- SingleFamilyResidence
- Year built
- 1978
- Stories
- 1
- Roof
- Shingle
- Subdivision
- ORIOLE-MARGATE SEC 5
- Waterfront
- No
- Private pool
- No
- 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.