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6990 SW 1st Street, Margate, Florida 33068

Virtual Staging of the living room and dining area

Map

Active For Sale

$470,000

Beds 5
Baths 2
Sq Ft 1,468 Sqft
Visits: 6 in 890 days

Call Josh Dotoli

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 June 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!

Features

Heating System: Central, Electric
Cooling System: Electric, Central Air
Fence: Fenced
Parking: Driveway

Appliances

Appliances: Dryer, Electric Range, Refrigerator, Washer

Address Map

Country: US
State: FL
County: Broward
City: Margate
Subdivision: ORIOLE-MARGATE SEC 5
Zipcode: 33068
Street: 1st
Street Number: 6990
Street Suffix: Street
Floor Number: 0
Longitude: W81° 46' 49.5''
Latitude: N26° 13' 45.8''
Street Dir Prefix: SW
MLS Area: 3633

MLS Addon

Association Amenities: Other
Association Fee: $0
Close Price: $0
Elementary School: Atlantic West
Exterior Features: Other
Flooring: Ceramic Tile, Tile
Garage Spaces: 1
High School: Coconut Creek
Insurance Expense: $0
Interior Features: Bedroom on Main Level, Main Level Primary
Levels: One
Middle Or Junior School: Margate
New Taxes Expense: $0
Stories: 1
Stories Total: 1
Tax Annual Amount: $6,913
Zoning: R-3

Location

Listing Updated: 2026-07-10 06:33:14

Property Type : Single Family
Property Sub Type : Single Family Residence
Listing Type : For Sale
Listing ID : A11531604
Price : $470,000
View : Ocean
Bedrooms : 5
Bathrooms : 2
Full Bathrooms : 2
Half Bathrooms : 0
Square Footage : 1,468 Sqft
Year Built : 1978
Lot Area : 0.15 Acre
Listing Status : Active
Days On Market : 889

Contact Agent

Josh Dotoli

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and ettmail, about your inquiry and other home-related matters, but not as a condition of any purchase.