Frank Evans - Preferred Properties Int'l Realty, Inc Logo
$470,000
 $2,523 est/mo Sourced by Back At You

6990 SW 1st Street,Margate, FL 33068

Margate, FL 33068

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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!

Details

MLS #A11531604
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1978
Days On Site935
Listing Provided ByLondon Foster Realty | Denise Andrea Haeussler Leatherbee

Features

Bed(s)5
Bath(s) 2 Total
SQ Feet1,468
Garage1
Story(s)1
ZoningR-3
Acreage0.15
Property ViewYes

Parking

Garage Yes / NoYes
Parking FeaturesDriveway

Taxes

Tax Annual Amount6913

Area Information

StateFL
CountyBroward
CityMargate
Zip Code33068
Area3633
SubareaNW41 North Broward 441 To Everglades (3611 3642)
Community NameORIOLE MARGATE SEC 5
Listing VS Median (in ORIOLE MARGATE SEC 5)
Price:
$470,000
low | high
Med:
$475,000
48.936170212766% of Average
sqft:
1,468
low | high
Med:
1,259
64.237057220708% of Average
$ / sqft:
$320
low | high
Med:
$377
32.1590928295% of Average
On site:
935
low | high
Med:
16
100% of Average
Sourced by Back At You

Market Activity 33068

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Learn More About This Property

Frank Evans

Frank Evans

Preferred Properties Intl Realty Inc

BK3280715 (954) 684-6157frank@preferredpropertiesint.com
StateFL
CountyBroward
CityMargate
Zip Code33068
Area3633
SubareaNW41 North Broward 441 To Everglades (3611 3642)
Community NameORIOLE MARGATE SEC 5
Listing VS Median (in ORIOLE MARGATE SEC 5)
Price:
$470,000
low | high
Med:
$475,000
48.936170212766% of Average
sqft:
1,468
low | high
Med:
1,259
64.237057220708% of Average
$ / sqft:
$320
low | high
Med:
$377
32.1590928295% of Average
On site:
935
low | high
Med:
16
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $352K - $587K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
6981 SW 1ST Court Property Photo 1
$419,999
6981 Sw 1st Court
Margate, FL 33068
6981 SW 1ST Court Property Photo 1
$419,999
6981 Sw 1st Court
Margate, FL 33068
Listing Updated: September 4, 2026 at 4:06:09 AM PDT

Frank Evans - Preferred Properties Int'l Realty, Inc