No HOA. Current ROI: 7.2% (potential ROI: 9,4%). Great investment property. The property is rented for $3,576 USD/month to a Section 8 tenant (as of September 2024, the government portion is $2,808 USD, the tenant $768 USD and the rent is on time). The rent may be increased to $4,491 USD (renewal date: November 30, 2024).
The current management company can be facilitated. Please do not disturb the tenant or knock on the door!
The current management company can be facilitated. Please do not disturb the tenant or knock on the door!
Property Details
Price:
$499,999
MLS #:
A11531604
Status:
Active
Beds:
5
Baths:
2
Address:
6990 SW 1st St
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ORIOLE-MARGATE SEC 5
Neighborhood:
Oriole-margate Sec 5
City:
Margate
Listed Date:
Feb 12, 2024
State:
FL
Finished Sq Ft:
1,793
Total Sq Ft:
1,793
ZIP:
33068
Year Built:
1978
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Schools
Interior
Appliances
Dryer, Electric Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Electric
Flooring
Ceramic Floor, Tile
Heating
Central, Electric
Exterior
Architectural Style
Detached, One Story
Community Features
Other
Construction Materials
C B S Construction
Exterior Features
Other
Parking Features
Driveway, Other
Roof
Shingle
Financial
Tax Year
2023
Taxes
$6,913
Map
Community
- Address6990 SW 1st St Margate FL
- SubdivisionORIOLE-MARGATE SEC 5
- CityMargate
- CountyBroward County
- Zip Code33068
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