LKV Realty
Logo
$470,000
$2,400Reward *
6990 SW 1st St, Margate, FL 33068Listing ID A11531604

6990 SW 1st St, Margate, FL 33068

Active
ORIOLE-MARGATE SEC 5
Last updated: 4 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,793
Days on Site
Days on Site
835
Cooling
Cooling
Central Air, Electric
Heating
Heating
Central, Electric
Year Built
Year Built
1978
Stories
Stories
1
Garages
Garages
1
Parking
Parking
Driveway, Other

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 Information

Property Details

Location

Address
6990 SW 1st St
County
Broward
City
Margate
Zip Code
33068
Subdivision
ORIOLE-MARGATE SEC 5
MLS Area
3633

Interior Features

Beds and Baths

Bedrooms
5
Full Bathrooms
2

Building

Building Information

Square Feet
1,793
Year Built
1978
Stories
1
Construction
Block
Roof
Shingle

Property Taxes

Tax Annual Amount
$6,913
Tax Year
2023
London Foster Realty, (305) 514-0100

Market Report for 33068

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Miami Association of REALTORs
Miami Association of REALTORs logo

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.

For corrections to this data please contact Brytecore MLS Support.

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