6990 SW 1st St, Margate, FL 33068

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5beds

2baths

1,468sqft

1978year built

Active Under ContractResidentialSingle Family ResidenceLot 6,534 sqftHOA None142 DOMMLS# A11531604

Listed by: Denise Andrea Haeussler Leatherbee 302-648-2277, London Foster Realty 305-514-0100

Source:Beaches MLS (RAPB)|MLS #A11531604

What's special

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!

Bedrooms5

Bathrooms2

Year built1978

Home typeSingle Family Residence

Property subtypeResidential

Living area1,468 sqft

Lot size6,534 sqft

RegionMargate, FL

HOA feeNone

Price per square foot$320/sqft

Date on market2024-02-12T00:00:00.000Z

MLS#A11531604