6990 SW 1st St

Margate, FL 33068

$470,000

$320/ft²

5Beds

2Baths

1,468Sq ft

1978Year built

Single-family homeType

About this 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!

Property details

Listing

MLS #: A11531604
Status: For sale
Listed on: Feb 12, 2024
Days on market: 910 days
Listing data updated: Aug 2, 2026

Interior

Beds: 5
Baths: 2
Living area: 1,468 ft²
Price per ft²: $320/ft²

Building & community

Type: Single-family home
Year built: 1978
County: Broward

Lot & exterior

Lot size: 6,497 ft²

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $2,377
Property taxes (est.): $431
Home insurance (est.): $317
Flood insurance (est.): —

Estimated total$3,125*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?