5-Bed Single Family Residence at ORIOLE-MARGATE SEC 5 in Margate

$470,000

Listing courtesy of London Foster Realty; Denise Haeussler Leatherbee. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

5

bathrooms

2

Square Footage

1468

Type of Property

Single Family Residence, Residential

Details

Overview

Sub Type
Single Family Residence
Price Per Sqft
$320/sqft
Built In
1978
Taxes
$6,913/yr

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 August 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!

This single family residence home located at 6990 SW 1st St, Margate FL 33068 is currently for sale and has been available on Brickellsold for 838 days. This property is listed at $470K. It has 5 beds, 2 bathrooms, and is 1468 square feet. It was built in 1978. 6990 SW 1st St, Margate FL 33068 is in Margate county Broward County.

Interior

Bedrooms
5
Bathrooms
2
Bathrooms Full
2
Features
  • Flooring: Ceramic Floor, Tile
  • Common walls with other units/homes: Detached, One Story
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Dryer, Electric Range, Refrigerator, Washer
Total structure area
1,793
Total interior livable area
1,468 sqft

Property

Parking
  • Covered Spaces: 1
  • Parking Features: Driveway,Other
  • Garage Spaces: 1
Parcel Number
484135060360
Features
  • Entry location: First Floor Entry, No Additional Rooms
  • Exterior Features: Other
  • Has View: Yes
  • View Description: Garden

Construction

Property subtype
Single Family Residence, Residential
Materials
CBS Construction
Condition
  • Year Built: 1978

Community & HOA

Community
  • Security Features:
  • Subdivision: ORIOLE-MARGATE SEC 5
HOA
  • Amenities:
Region
Margate

Financial

Price Per Sqft
$320/sqft
Taxes
$6,913/yr
On Market Date
2/11/2024
Listing Terms
All Cash, Conventional, Owner Will Carry

Metadata

Added
2/12/2024
Updated
8/17/2026
MLS#
A11531604
Days on Market
838
Listed By
London Foster Realty
Originating MLS
A-Miami Association of REALTORS

Map

Price History

EventPriceDate
Original list price$499,999Feb 12, 2024
Price change$475,000May 21, 2026
Current list price$470,000May 21, 2026

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