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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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6990 SW 1st St , Margate, FL 33068
$470,000
Est. Payment: $1,044.44/mo
5 Bed
2 Bath
1468 Sqft
Status: Active Under Contract | Days on site: 863
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LNFS01 - 3401909
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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!
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Highlights

Listed by Denise Haeussler Leatherbee , 302-648-2277 London Foster Realty , 305-514-0100.

Property Type

Residential
Lot/Acreage
0.15

Year Built

1978

County

Broward

Area

3633

 Neighborhood

Oriole-Margate Sec 5

Listing ID

A11531604

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dryer, Electric Range, Refrigerator, Washer
Air Cond:Central Air,Electric
Fireplaces:
Floor:Ceramic Tile,Tile
Other:
  • ▪ Additional:Bedroom on Main Level, First Floor Entry, Main Level Primary, Pets Allowed
Water:Public

Exterior Features

Lot:< 1/4 Acre
Zoning:R-3
Roof:Shingle
Others:
  • ▪ Additional:Fence
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$1,044
Taxes
$576

Home Price

$470,000

Loan Details

30 yrs
%

Down Payment

20%
$94,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,044.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,044.44 $576.08 $0.00 $1,620.53
Yearly $12,533.33 $6,913.00 $0.00 $19,446.33
Total $376,000.00 $207,390.00 $0.00 $583,390.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Margate, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.