No HOA.

Current ROI: 7.2% (potential ROI: 9, 4%). Great investment pr perty. The property is rented for $3, 576 USD/month to a Section 8 tenant (as of June 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!

Request Information
on 6990 SW 1st St
in Margate, FL
Presented by Denise Haeussler Leatherbee at
London Foster Realty.


Property MLS #A11531604 from MiamiMLS
▶ Virtual Tour

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 5

+ Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

+ Interior Features

BedroomonMainLevel
FirstFloorEntry
MainLevelPrimary
Flooring: CeramicTile, Tile

+ Appliances

Dryer
ElectricRange
Refrigerator
Washer

+ Heating and Cooling

Cooling Features: CentralAir, Electric
Heating Features: Central, Electric
Heating: Yes

+ Exterior and Lot Features

Fence

+ Garage and Parking

Covered Spaces: 1
Garage Spaces: 1
Parking Features: Driveway

+ Land Info

Lot Description: Item14Acre
Lot Size Acres: 0.1491506
Lot Size Square Feet: 6497

+ Home Features

View: Garden

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0
Pets Allowed: NoPetRestrictions, Yes

+ Other Property Info

Annual Tax Amount: 6913
Source Listing Status: Active
County: Broward County
Tax Year: 2023
Source Property Type: Residential
MLS Area Minor: North Broward 441 To Everglades (3611-3642)
Source Neighborhood: ORIOLE-MARGATE SEC 5
Parcel Number: 484135060360
Postal City: Margate
Postal Code Plus 4: 1645
Subdivision: ORIOLE-MARGATE SEC 5
Zoning Description: R-3
Property Subtype: SingleFamilyResidence
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$295,450 + $25,990 $321,440	$7,298
2021	$unknown + $unknown $111,830	$1,814
2020	$unknown + $unknown $110,290	$1,779
2019	$unknown + $unknown $107,820	$1,740
2018	$unknown + $unknown $105,810	$1,173
2017	$unknown + $unknown $103,640	$1,148
2016	$unknown + $unknown $101,510	$1,204
2015	$unknown + $unknown $100,810	$1,230
2014	$unknown + $unknown $100,010	$1,233
2013	$unknown + $unknown $98,540	$1,218
2012	$unknown + $unknown $108,590	$1,459
2011	$unknown + $unknown $105,430	$1,390
2010	$unknown + $unknown $103,880	$1,339
2008	$unknown + $unknown $115,310	$1,523
2007	$unknown + $unknown $111,850	$1,758

+ Reveal Property Sale History

Listed 2024-02-12
$499,999
MiamiMLS

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Sold 2022-07-07
$340,000
MiamiMLS

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Listed 2022-05-12
$360,000
MiamiMLS

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Sold 1996-09-27
$88,000
Public Record

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Sold 1977-05-01
$35,600
Public Record

+ Building and Construction

Total Square Feet Living: 1468
Year Built: 1978
Building Area Total: 1793
Construction Materials: Block
Direction Faces: North
Property Age: 46
Roof: Shingle
Levels or Stories: 1
House Style: R30-No Pool/No Water
Year Built Details: Effective Year Built
Architectural Style: Detached, OneStory

+ Utilities

Sewer: PublicSewer
Water Source: Public

+ Display Complete School Details

Atlantic West Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions

Margate Middle School is a public middle school located approximately 0.7 miles away.
Map directions

Coconut Creek High School is a public high school located approximately 2.5 miles away.
Map directions

Fantasy Station Academy: The Reggio Emilia Approach to Learning is a private elementary school located approximately 0.7 miles away.
Map directions