6990 Sw 1st St
Margate, Florida
$499,999 Price
5 Bedrooms  

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 February 2024, the government portion is $2,430 USD, the tenant $1,146 USD). The rent may be increased to $4,491 USD (renewal date: November 30,...

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 February 2024, the government portion is $2,430 USD, the tenant $1,146 USD). 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!

Listing courtesy of London Foster Realty

 

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Margate, Florida
Type: House
Price: $499,999
Approx. sqft: 1,793 sf
Annual Re Tax: $6,913
Web ID: 11531604
MLS ID: A11531604

Info & Amenities

Type: Single Family
Bedrooms: 5
Bathrooms: 2.0
Built: 1978
Pool: Yes

Map of Area for 6990 SW 1st St

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