$499,999
●
House -
For Sale
6990 SW 1st St
Margate, FL 33068
5 Beds
2 Baths
1468 Sqft
$3,032
Estimated Monthly
17.34%
Cap Rate
About This Property
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 May 2024, the government portion is $2,651 USD, the
tenant $925 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!
Unit Size
1,468Ft²
Days on Market
103 days
Land Size
0.15 acres
Price per sqft
$341
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1977
Listed By
Last updated: 4 days ago (Miami MLS #A11531604)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2024 | Listed by London Foster Realty | $499,999 | |
| Listed by London Foster Realty | |||
| Jul 15, 2022 | Sold | $340,000 | |
| Sold | |||
| Jul 9, 2022 | No longer available | - | |
| No longer available | |||
| May 20, 2022 | In contract | - | |
| In contract | |||
| May 12, 2022 | Listed by London Foster Realty | $360,000 | |
| Listed by London Foster Realty | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Other
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details
Bathroom Information
Full Bathrooms: 2
Bedroom Information
Bedrooms: 5
Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
Interior Information
Interior Features: First Floor Entry, No Additional Rooms
Appliances: Dryer, Electric Range, Refrigerator, Washer
Flooring Type: Ceramic Floor, Tile
Room Information
Living Room Features: No Additional Rooms
Exterior Details
Property Information
Square Footage: 1468
Architectural Style: Detached, One Story
Year Built: 1978
Building Information
Building Name: ORIOLE-MARGATE SEC 5
Building Area Total: 1793
Building Area Units: Square Feet
Building Area Total: 1793
Construction Materials: CBS Construction
Roof Features: Shingle
Lot Information
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Lot Size Square Feet: 6497
Land Information
Water Source: Municipal Water
Financial Details
Tax Legal Description: ORIOLE-MARGATE SEC 5 84-22 B PT PAR B DESC AS, COMM AT SE COR OF PAR B, W 772.95, N 350 TO POB, CONT N 64.05, NELY ARC DIST OF 38.89, ELY 48.39, S
Tax Annual Amount: $6,913
Tax Year: 2023
Parcel Number: 484135060360
Property is Zoned: R-3
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
No Home Owners Association
Building Info
Overview
Building
Neighborhood
Zoning
Geography
6990 SW 1st St
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
4
Beds
2
Baths
1,596 ft²
$316/ft²
$505,000
Sep 29, 2023
$505,000
Dec 19, 2023
$630/mo
House
4
Beds
2
Baths
1,324 ft²
$317/ft²
$420,000
Nov 14, 2023
$420,000
Dec 28, 2023
$294/mo
House
4
Beds
2
Baths
1,578 ft²
$304/ft²
$480,000
Jul 12, 2023
$480,000
Sep 26, 2023
$564/mo
House
4
Beds
2
Baths
1,530 ft²
$301/ft²
$460,000
Sep 23, 2023
$460,000
Nov 3, 2023
$497/mo
House
4
Beds
2
Baths
1,614 ft²
$294/ft²
$475,000
Aug 8, 2023
$475,000
Oct 26, 2023
$489/mo
House
4
Beds
3
Baths
1,913 ft²
$277/ft²
$529,000
Jul 31, 2023
$529,000
Oct 5, 2023
$557/mo
Active
House
4
Beds
2
Baths
1,525 ft²
$302/ft²
$460,000
Nov 27, 2023
-
$609/mo
Active
House
6
Beds
2
Baths
1,992 ft²
$248/ft²
$495,000
Nov 27, 2023
-
$642/mo
Active
House
4
Beds
2
Baths
1,464 ft²
$314/ft²
$459,900
Jan 1, 2024
-
$562/mo
Active
House
4
Beds
2
Baths
1,430 ft²
$301/ft²
$429,900
Jan 14, 2024
-
$411/mo
In Contract
House
4
Beds
2
Baths
1,370 ft²
$313/ft²
$429,000
Dec 5, 2023
-
$568/mo
About Margate
Similar Homes for Sale
$429,900
- 4 Beds
- 2 Baths
- 1,430 ft²
$459,900
- 4 Beds
- 2 Baths
- 1,464 ft²
Nearby Rentals
$2,500 /mo
- 2 Beds
- 2 Baths
- 1,186 ft²
$2,700 /mo
- 3 Beds
- 2 Baths
- 1,370 ft²
Listed by: Denise Haeussler Leatherbee
London Foster Realty
Last Updated: 4 days ago
Data Source: Miami MLS, MLS# A11531604
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
London Foster Realty
Last Updated: 4 days ago
Data Source: Miami MLS, MLS# A11531604
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
