MaryFarrelly
BEDS5
BATHS2 full
SQUARE FEET1,468
MLS#A11531604
STATUSActive With Contract
PROPERTY TYPEResidential - Single Family
SUBDIVISIONORIOLE-MARGATE SEC 5
Property Description
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 September 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
Property Type: Residential - Single Family
Cooling: Central Air, Electric
Fenced: Yes
Garage: 1
Heating: Central, Electric
Home Style: Detached, One Story
Lot Size: 0.15 Acres
Roof Type: Shingle
Taxes: $6,913
Year Built: 1978
Amenities
First Floor Entry
No Additional Rooms
Other
Feature Descriptions
Appliances: Dryer, Electric Range, Refrigerator, Washer
Community Features: Other
Crops Included Y/N: No
Days on Site: 490
Exterior: CBS Construction
Fencing: Fenced
Flooring: Ceramic Floor, Tile
HOA Fee: 0
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional, Owner Will Carry
Lot: Less Than 1/4 Acre Lot
Parcel#: 484135060360
Parking: Driveway, Other
Parking Notes: Driveway, Other
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Special View Info: Garden
Water: Municipal Water
Listed By / Shown By
Listed By
Agency Name: London Foster Realty
Agency Phone: 305-514-0100
Shown By
Agent Name: Mary Farrelly
Agent Phone:
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 1,759.18 per month $1,046.02 Principal & Interest $576.08 Property Tax $137.08 Homeowner's InsuranceChange Payment Information
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6990 SW 1st St | MLS# A11531604
This single family home located at 6990 SW 1st St, Margate, FL 33068 is currently listed for sale with an asking price of $470,000. This property was built in 1978 and has 5 bedrooms and 2 full baths with 1468 sq. ft. SW 1st St is located in the ORIOLE-MARGATE SEC 5 subdivision. Search ORIOLE-MARGATE SEC 5 real estate on mfarrelly.realty100.com today.