6990 SW 1st St Active

Margate,FL 33068

$ 499999

5 Beds

2 Baths

1468 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,468 sqft

Price per Sqft $340

Subdivision Oriole-Margate Sec 5

MLS Listing ID A11531604

Style Detached,One Story

Bedrooms 5

Full Baths 2

Construction Status Effective Year Built

HOA Y/N Yes

Year Built 1978

Annual Tax Amount $6,913

Tax Year 2023

Lot Size 6,497 Sqft

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 October 2024, the government portion is $2,808 USD, the tenant $768 USD and the rent is on time). The rent may be increased to $4,491 USD (renewal date: November 30, 2024).
The current management company can be facilitated. Please do not disturb the tenant or knock on the door!

Location

State FL

County Broward

Community Oriole-Margate Sec 5

Area 3633

Interior

Interior Features Bedroom on Main Level,First Floor Entry,Main Level Primary

Heating Central,Electric

Cooling Central Air,Electric

Flooring Ceramic Tile,Tile

Appliance Dryer,Electric Range,Refrigerator,Washer

Exterior

Exterior Feature Fence,Other

Garage Spaces 1.0

Pool None

Community Features Other

Waterfront No

View Garden

Roof Type Shingle

Parking Type Driveway,Other

Garage Yes

Building

Lot Description < 1/4 Acre

Faces North

Story 1

Sewer Public Sewer

Water Public

Architectural Style Detached,One Story

Structure Type Block

Construction Status Effective Year Built

Others

Pets Allowed No Pet Restrictions,Yes

Senior Community No

Tax ID 484135060360

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Pets Description No Pet Restrictions,Yes

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