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6990 Sw 1st St, Margate, FL – $499,999

  • 5 Beds
  • 2 Baths
  • 1,468 Sqft
  • 284 DOM
  • 5 Beds
  • 2 Baths
  • 1,468 Sqft
  • 284 DOM

6990 Sw 1st St

No HOA. Current ROI: 7.2% (potential ROI: 9,4%). Great investment property. The property is rented for $3,576 USD/month to a Section 8 tenant (as of November 2024, the government portion is $2,582 USD, the tenant $994 USD and the rent is on time). The rent may be increased to $4,491 USD (renewal date: November 30, 2024). The current management company can be facilitated. Please do not disturb the tenant or knock on the door!

Essential Information

  • MLS® #A11531604
  • Price$499,999
  • Bedrooms5
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,468
  • Year Built1978
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleDetached, One Story
  • StatusActive

Community Information

  • Address6990 Sw 1st St
  • Area3633
  • SubdivisionORIOLE-MARGATE SEC 5
  • CityMargate
  • CountyBroward
  • StateFL
  • Zip Code33068-1645

Amenities

  • FeaturesOther
  • ParkingDriveway, Other
  • # of Garages1
  • ViewGarden

Interior

  • InteriorCeramic Tile, Tile
  • HeatingCentral, Electric
  • CoolingCentral Air, Electric
  • # of Stories1

Appliances

Dryer, Electric Range, Refrigerator, Washer

Exterior

  • Exterior FeaturesFence, Other
  • RoofShingle
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofLondon Foster Realty
  • Date ListedFebruary 12th, 2024
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