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830 SW 50th Ave, Margate, Florida 33068

Map

Active For Sale

$540,000

Beds 6
Baths 2
Sq Ft 1,735 Sqft
Visits: 2 in 8 days

Call Josh Dotoli

Description

6 bed, 2 bath waterfront home on a large 6,924 sqft lot. Rented for $5,433/month. The rental income is supported by a government housing assistance program (as of February: $4,716 government / $717 tenant). Lease renews 10/31/2026. The tenant has been at the property since December 2022. Roof 2020, AC 2022||rnrnCurrent management company available for seamless transition. Please do not disturb tenant or knock on the door!rnrn|| PORTFOLIO SALE AVAILABLE (review broker’s remarks)rn~10.4% return after property taxes, based on current contractual rents (before other operating expenses).rnInvestment opportunity consisting of a 9 single-family homes portfolio located in Broward County, Florida. rn* Total portfolio asking price: $4,198,000.rn* Total contractual rents for the portfolio: $42,497/month ($509,964/year).rn* Total 2025 property taxes: $73,955.rn*Tenant rents include a portion paid directly by the government.

Features

Swimming Pool: No
Heating System: Central
Cooling System: Central Air, Ceiling Fan(s)
Pet Policy: Yes, No Pet Restrictions
Parking: Driveway

Appliances

Appliances: Dryer, Electric Range, Refrigerator, Washer

Address Map

Country: US
State: FL
County: Broward
City: Margate
Subdivision: OAKLAND HILLS 4TH SEC
Zipcode: 33068
Street: 50th Ave
Street Number: 830
Floor Number: 0
Longitude: W81° 48' 17.5''
Latitude: N26° 13' 7.7''
Street Dir Prefix: SW
MLS Area: 3524

MLS Addon

Architectural Style: Detached, One Story
Association Fee: $275
Association Fee Frequency: Annually
Close Price: $0
Elementary School: Liberty
Exterior Features: Fence, Fruit Trees
Flooring: Ceramic Tile, Tile
High School: Coconut Crk High
Insurance Expense: $0
Interior Features: Bedroom on Main Level, First Floor Entry
Listing Terms: Cash, Conventional
Lot Features: < 1/4 Acre
Middle Or Junior School: Margate Middle
New Taxes Expense: $0
Stories: 1
Tax Annual Amount: $9,289
Tax Year: 2025
Water Front Features: Canal Front

Location

Listing Updated: 2026-02-14 07:10:23

Property Type : Single Family
Property Sub Type : Single Family Residence
Listing Type : For Sale
Listing ID : A11959930
Price : $540,000
View : Canal, Garden, Water
Bedrooms : 6
Bathrooms : 2
Full Bathrooms : 2
Half Bathrooms : 0
Square Footage : 1,735 Sqft
Year Built : 1979
Lot Area : 0 Acre
Listing Status : Active
Days On Market : 7

Contact Agent

Josh Dotoli

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