Views - Primary on Main - Seller Financing
Address
6990 Sw 1st St, Margate, FL
Price
$ 470,000
Property Attributes
- MLS#A11531604
- TypeSingle Family
- Listing Status Active Under Contract
- CountyBroward
- CityMargate
- Area3633
- NeighborhoodORIOLE-MARGATE SEC 5
- Zip33068
- Style
- Year Built1978
- Taxes$ 6913
- Price$ 470,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1468
Data Source:
Southeast Florida MLS (SEFMLS)
Property 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 September 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!
| Price History | |
|---|---|
| 10/22/2025 | Listed $499,997 |
| 1/25/2026 | 5$475,000 |
| 5/22/2026 | 1$470,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Possession | Closing & Funding |
| Roof | Shingle |
| Appliances | Dryer,Electric Range,Refrigerator,Washer |
| Garage Spaces | 1 |
| Architectural Style | Detached,One Story |
| Pool Features | None |
| Restrictions | No Restrictions,OK To Lease |
| Construction Materials | Block |
| Pets Allowed | Cats OK,Dogs OK,No,Yes |
| Year Built | 1978 |
| View | Garden |
| Stories Count | 1 |
| Property Subtype | Single Family Residence |
| Tax Year | 2023 |
| Community Features | Other |
| County | Broward |
| Property Type | Residential |
| Contingency | Pending Inspections |
| Subdivision Name | ORIOLE-MARGATE SEC 5 |
| Facing Direction | North |
| Garage Y/N | true |
| Full Baths | 2 |
| Status | Active Under Contract |
| City | Margate |
| Disclosures | Owner Is Listing Agent |
| Senior Community Y/N | false |
| Zoning Description | R-3 |
| MLS Area | 3633 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6497 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional,Owner May Carry |
| Year Built Details | Effective Year Built |
| Tax Annual Amount | 6913 |
| MLS Area Minor | North Broward 441 To Everglades (3611-3642) |
| Lease Considered Y/N | false |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11531604 |
| Standard Status | Active Under Contract |
| Occupancy Type | Tenant |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Margate |
| Legal Description | ORIOLE-MARGATE SEC 5 84-22 B PT PAR B DESC AS,COMM AT SE COR OF PAR B,W 772.95,N 350 TO POB, CONT N 64.05,NELY ARC DIST OF 38.89,ELY 48.39,S |
Interior Features
| Interior Amenities | Bedroom on Main Level,First Floor Entry,Main Level Primary |
|---|---|
| Flooring | Ceramic Tile,Tile |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 5 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Fence,Other |
|---|---|
| Parking Features | Driveway,Other |
| Lot Features | < 1/4 Acre |
| Water Source | Public |
| Lot Size Area | 6497 |
| Building Area Total | 1793 |
| Waterfront Y/N | false |
| Covered Spaces | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33068
Price
Taxes
Year Built
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Data Last Updated: September 10, 2026 9:29 PM UTC
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