6990 SW 1st St Active Save Request In-Person Tour Request Virtual Tour
Margate,FL 33068
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,468 sqft
Price per Sqft $340
Subdivision Oriole-Margate Sec 5
MLS Listing ID A11531604
Style Detached,One Story
Bedrooms 5
Full Baths 2
Year Built 1978
Annual Tax Amount $6,913
Tax Year 2023
Lot Size 6,497 Sqft
Property Description
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 October 2024, the government portion is $2,808 USD, the tenant $768 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!
Location
State FL
County Broward
Community Oriole-Margate Sec 5
Area 3633
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Ceramic Tile,Tile
Exterior
Exterior Feature Fence,Other
Garage Spaces 1.0
Pool None
Community Features Other
Waterfront No
View Garden
Roof Type Shingle
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Pets Description No Pet Restrictions,Yes