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The Story

6990 Southwest 1st Street

Margate, FL 33068 · Home

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!

Facts & Features

Property Info

Price
$470,000
Completion Year
1,978
Living Space
1,468 sq ft
Floors
1
Bedrooms
5
Bathrooms
2
Garage
1 spaces

Features & Amenities

Garage / Parking

1 space

Cooling

Central Air, Electric

Heating

Central, Electric

Appliances

Dryer, Electric Range, Refrigerator, Washer

Flooring

Ceramic Tile, Tile

Roof

Shingle

Water Source

Public

Sewer

Public Sewer

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Listing Broker

London Foster Realty

Broker Name

London Foster Realty

Agent

Denise Andrea Haeussler Leatherbee

Phone

(302) 648-2277

Email

denise@dhinvest.us