$470,000
Single Family Residence
6990 1st St, Margate, FL 33068
For Sale 823 days on market
5 Bedrooms
2 Bathrooms
1,468 ft²
Built 1978
1 Garage
About this Property

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 Features
Year Built 1978
Garage Spaces 1
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Floor, Tile
Appliances Dryer, Electric Range, Refrigerator, Washer
Annual Taxes $6,913
Location
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Ivan Carrillo
Ivan Carrillo
Licensed Realtor · Florida
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This listing is courtesy of London Foster Realty. MLS data deemed reliable but not guaranteed accurate by Miami Realtors®.

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