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6990 SW 1st Street Margate, FL 33068

5 Bedroom, 1,468 Sqft, Single Family Residence

AGENT'S REMARKS 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 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!
$470,000
Bedrooms5
Bathrooms 2 Full
Living Area1,468 SqFt
Lot Size6,497 SqFt
Year Built1978
Garage1
Private PoolNo
SubdivisionORIOLE-MARGATE SEC 5
MLS#A11531604
Listing StatusActive
Days on Market2024-02-12

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PROPERTY DETAILS

  • Property Type: Single Family Residence
  • Approx Living Area: 1,468 SqFt
  • Total Bedrooms: 5
  • Bathrooms: 2 Full
  • Year Built: 1978
  • Lot Size: 6,497 SqFt
  • Garage Spaces: 1
  • Stories: 1
  • Parking Type: Driveway
  • Other Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Tile
  • Roof: Shingle
  • Age Restrictions: No
  • Total Floors in Building: 1
  • House Faces/Primary View: North
  • Construction: CBS
  • Exterior Description: Other
  • Cooling System: Central Air, Electric
  • Heating: Central, Electric
  • Pets Allowed: Yes, N
  • County: Broward
  • Area: 3633
  • Subdivision: ORIOLE-MARGATE SEC 5
  • Community Features: Other
  • Age Restricted: No
  • Annual Property Taxes: $6,913
  • Elementary School: Atlantic West
  • Junior High School: Margate
  • High School: Coconut Creek

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Listing courtesy of London Foster Realty 08.02.2026

If you are interested in this property at 6990 SW 1st Street or any other properties in Margate please contact The Rucco Group at (561) 737-0366.