6990 Sw 1st Street, Margate, FL

$470,000

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5

Beds

2

Baths

1,468

Square feet

0.15

Acres

About 6990 Sw 1st Street

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 September 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!

Features of 6990 Sw 1st Street

MLS® # A11531604
USD $470,000
CAD $648,656
CNY 元3,155,063
EUR €404,297
GBP £347,306
RUB ₽40,737,250
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 1,468
Acres 0.15
Year Built 1978
Type Residential
Sub-Type Single Family Residence
Restrictions No Restrictions
Status Active Under Contract
HOPA No Hopa

Community Information

Address 6990 Sw 1st Street
Area 3633
Subdivision ORIOLE-MARGATE SEC 5
City Margate
County Broward
State FL
Zip Code 33068

Amenities

Amenities Other
Parking Driveway
# of Garages 1
View Garden
Is Waterfront No
Has Pool No
Pets Allowed Yes, No Restrictions

Interior

Appliances Dryer, Electric Range, Refrigerator, Washer
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Other
Roof Shingle
Construction CBS

School Information

Elementary Atlantic West
Middle Margate
High Coconut Creek

Listing Details

Listing Map

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