$470,000
6990 SW 1st St
Margate, FL, 33068
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 July 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 Details
Price:
$470,000
MLS #:
A11531604
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ORIOLE-MARGATE SEC 5
Neighborhood:
oriolemargatesec5
Listed Date:
Feb 12, 2024
Finished Sq Ft:
1,468
Total Sq Ft:
1,793
Year Built:
1978
Schools
Interior
Appliances
Dryer, Electric Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Electric
Flooring
Ceramic Floor, Tile
Heating
Central, Electric
Interior Features
First Floor Entry, No Additional Rooms
Exterior
Architectural Style
Detached, One Story
Community Features
Other
Construction Materials
CBS Construction
Covered Spaces
1
Direction Faces
North
Exterior Features
Other
Fencing
Fenced
Garage Spaces
1
Lot Features
Less Than 1/4 Acre Lot
Open Parking YN
1
Parking Features
Driveway, Other
Roof
Shingle
View
Garden
Financial
Tax Year
2023
Taxes
$6,913
Mortgage Calculator
Map
Current real estate data for Single Family in Margate as of Jul 18, 2026
63
Single Family Listed
104
Avg DOM
315
Avg $ / SqFt
$470,066
Avg List Price
Community
- Address6990 SW 1st St Margate FL
- SubdivisionORIOLE-MARGATE SEC 5
- CityMargate
- CountyBroward County
- Zip Code33068
Subdivisions in Margate
- 1 OF PALM SPRINGS 2 CONDO
- 12B OF PALM SPRINGS 2 CON
- 14 OF PALM SPRINGS 2 COND
- 2 OF PALM SPRINGS 1 CONDO
- 22 OF PALM SPRINGS 3 COND
- 24 OF PALM SPRINGS 3 COND
- 27 OF PALM SPRINGS 3 COND
- 3 OF PALM SPRINGS 1 CONDO
- 34 OF PALM SPRINGS 3 COND
- 36 OF PALM SPRINGS 3 COND
- 38 OF PALM SPRINGS 3 COND,PALM SPRINGS 3
- 5 OF PALM SPRINGS 2 CONDO,Palm Springs 2
- 8 OF PALM SPRINGS 2 CONDO
- APPLEGREEN CONDO APTS 1
- APPLEGREEN CONDO APTS 1,Applegreen Condo Apt
- APPLEGREEN SUB
- APPLEGREEN SUBDIVISION
- ATLANTIC PALMS CONDO
- AZTEC RV RESORT LAND COND
- CONTINENTAL VILLAGE CONDO
- CONTINENTAL VILLAGE CONDO,PALM SPRINGS CONDO
- CORAL BAY / The Cape,The Cape / Coral Bay
- CORAL BAY PARCEL E
- CORAL BAY PARCEL E,CORAL BAY
- CORAL BAY REPLAT SECTION
- CORAL GATE IV CONDO
- CORAL GATE IV CONDO,Coral Gate
- CORAL GATE SECTION TWO
- CORAL GATE VII CONDO
- CORAL GATE VIII CONDO
- CORAL KEY CONDO
- CORAL KEY CONDO,CORAL KEY
- COURTYARD CONDOMINIUMS
- COVENTRY HOUSE
- COVENTRY HOUSE,COVENTRY GARDENS
- CRESTWOOD AT CAROLINA CON
- CRESTWOOD AT CAROLINA CON,Carolina
- Fiesta
- GREAT HORIZONS PARK
- HAMMON HEIGHTS SEC ONE
- HERITAGE PINES
- Holiday Springs
- HOLIDAY SPRINGS EAST
- HOLIDAY SPRINGS EAST,Juniper Glen
- HOLIDAY SPRINGS VILLAGE
- HOLIDAY SPRINGS VILLAGE 1
- HOLIDAY SPRINGS VILLAGE 2
- HOLIDAY SPRINGS VILLAGE 2,HOLIDAY SPRINGS
- HOLIDAY SPRINGS VILLAGE 3
- HOLIDAY SPRINGS VILLAGE 4
- HOLIDAY SPRINGS VILLAGE A
- HOLIDAY SPRINGS VILLAGE S
- IBEC ADD NO 3
- IBEC ADD NO 8
- IBEC ADDITION NO 7
- IBEC NEIGHBORHOOD NO 1
- INFANTE PLAT
- KIMBERLY FOREST
- LAKEWOOD ON THE GREEN CON
- LAKEWOOD ON THE GREEN CON,Lakewood on the Gree
- LAKEWOOD ON THE GREEN SEC
- Laurels at Margate
- LAURELS AT MARGATE CONDO
- LAURELS AT MARGATE CONDO,LAURELS OF MARGATE
- MALIBU CLUB CONDO
- MARGATE 1ST ADD
- MARGATE 3RD ADD
- MARGATE 5TH ADD-AMD PLAT
- MARGATE ESTATES SEC THREE
- MARGATE GARDENS CONDO
- MARGATE SHORES
- MARGATE VILLAGE
- MARGATE VILLAGE PH I COND,MARGATE VILLAGE PH I
- MARGATE VILLAGE PHASE I C
- MARGATE VILLAGE PHASE II
- MEADOWS CONDO
- MERRICK PRESERVE CONDO
- MERRICK PRESERVE CONDO BL
- NORTH MARGATE
- NORTH MARGATE 1ST ADD
- OAKLAND HILLS 4TH SEC
- OAKLAND HILLS 5 SEC
- OAKLAND HILLS 6 SEC
- ORIOLE GARDENS 19 CONDO
- ORIOLE GARDENS 21 CONDO
- ORIOLE GARDENS 25 CONDO,ORIOLE GARDENS 25 CO
- ORIOLE GARDENS 3 CONDO
- ORIOLE GARDENS 31 CONDO
- ORIOLE GARDENS 32 CONDO
- ORIOLE GARDENS 33 CONDO
- ORIOLE GARDENS THREE 77 C
- ORIOLE GARDENS THREE 83 C
- ORIOLE GARDENS THREE 90 C
- ORIOLE GARDENS TWO 53 CON
- ORIOLE GARDENS TWO 58 CON
- ORIOLE GARDENS TWO 60 CON,ORIOLE GARDENS TWO
- ORIOLE GARDENS TWO 63 CON
- ORIOLE GARDENS TWO 66 CON
- ORIOLE GOLF & TENNIS CLUB
- ORIOLE GOLF & TENNIS CLUB,Oriole
- Oriole Golf & Tennis Club,Oriole Gardens
- ORIOLE GOLF & TENNIS CLUB,Oriole Golf & Tennis
- ORIOLE MARGATE SEC 1
- ORIOLE MARGATE SEC 1 69-1
- ORIOLE MARGATE SEC 6
- ORIOLE-MARGATE SEC 3
- ORIOLE-MARGATE SEC 4
- ORIOLE-MARGATE SEC 5
- ORIOLE-MARGATE SEC TWO
- PALM ISLAND PLAT 2
- PALM ISLAND PLAT 2,CYPRESS COVE
- PALM LAKES CONDO
- PALM LAKES CONDO,Palm Lakes
- PALM SPRINGS #3 CONDO 24,PALM SPRINGS # 3 CON
- PALM SPRINGS 2
- PALM SPRINGS 2 CONDO
- PALM-AIRE AT COCONUT CREEK
- PARADISE GARDENS
- PARADISE GARDENS SEC 1
- PARADISE GARDENS SEC 1,PARADISE GARDENS
- PARADISE GARDENS SEC 2
- PARADISE GARDENS SEC 3
- PARADISE GARDENS SEC 4
- PARADISE GARDENS SEC 4,PARADISE GARDENS
- ROYAL PARK GARDENS I-A CO
- ROYAL PARK GARDENS I-B CO
- ROYAL PARK GARDENS I-C CO
- ROYAL PARK GARDENS I-C CO,Royal Park
- ROYAL PARK GARDENS I-C CO,Royal Park Gardens
- ROYAL PARK GARDENS I-J CO
- ROYAL PARK GARDENS I-J CO,ROYAL PARK GARDENS
- ROYAL PARK GARDENS II-D C
- ROYAL PARK GARDENS II-E C
- ROYAL PARK GARDENS II-E C,ROYAL PARK
- ROYAL PARK GARDENS II-K C
- ROYAL PARK GARDENS III-F,Royal Park
- ROYAL PARK GARDENS III-H
- ROYAL PARK GARDENS III-M
- SERINO PARK SEC 3
- SOUTHGATE
- SOUTHGATE SECOND ADD
- SUNFLOWER MARGATE
- TOWNHOMES OF ORIOLE II
- TUDOR VILLAGE IN MARGATE
- VIEWPOINTE CONDO
- VIEWPOINTE CONDO,View Condo
- VIEWPOINTE CONDO,VIEWPOINTE
- WILLOW CREEK
- WINFIELD GARDENS SOUTH CO
- WOODLAKE ISLES
- WOODLAKE SHORES
Similar Listings Nearby
Property Summary
- Located in the ORIOLE-MARGATE SEC 5 subdivision, 6990 SW 1st St Margate FL is a Single Family for sale in Margate, FL, 33068. It is listed for $470,000 and features 5 beds, 2 baths, and has approximately 1,468 square feet of living space, and was originally constructed in 1978. The current price per square foot is $320. The average price per square foot for Single Family listings in Margate is $315. The average listing price for Single Family in Margate is $470,066.
6990 SW 1st St
Margate, FL