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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 February 2024, the government portion is $2,430 USD, the tenant $1,146 USD). The rent may be increased to $4,491 USD (renewal date: November 30, 2024). rnThe current management company can be facilitated. Please do not disturb the tenant or knock on the door!

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Other
Address Map
FL
Broward County
Margate
33068
6990 SW 1st St
ORIOLE-MARGATE SEC 5
W81° 46' 49.6''
N26° 13' 45.7''
ORIOLE-MARGATE SEC 5
MLS Addon
Detached, One Story
All Cash, Conventional
1
R30-no Pool/no Water, House
$6,913
2023
Click Here
Municipal Water
R-3
12/02/2024 19:39:30

6990 SW 1st St, Margate, Florida 33068

$499,999
5 Bedroom(s)
2 Bathroom(s)
1,468 size sq.ft.
Listing ID #A11531604
Basic Details
Property Type Residential
Listing Type For Sale
Listing ID A11531604
Price $499,999
Bedroom(s) 5
Bathroom(s) 2
Square Footage 1,468 Sqft
Year Built 1978
Days on Market 34
Building Area 1,793
Status Active
Property SubType Single Family Residence
Lot Area 6,497 Sqft
List Date 2024-02-13
On Market Date 12/02/2024
Elena Beck
MiamiInvestrealty
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