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$470,000
Property 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!
Full Property Details
Full Property Details for 6990 SW 1st
General
- Price: $470,000
- Taxes: $6,913 (2023)
- Status: Active
- Type: Single Family
- Source: Martin_County
- MLS ID: A11531604
- Updated: 9/4/2026
- Added to Site: 935 day(s) ago
Interior
- Interior Features: Primary Downstairs
- Appliances: Dryer, Electric Range, Refrigerator, Washer
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Fence
Parking
- Parking Features: Driveway, Other, See Remarks
Location
- Area: 3633
- County: Broward
- Subdivision: ORIOLE-MARGATE SEC 5
- Direction Faces: North
Community
- Community Name: 3633
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available, Water Connected
Structural Information
- Property Detached: Yes
- Construction: Block, Concrete
- Roof: Composition, Shingle
- Square Feet: 1,468
- Living Area: 1,468 Sq. Ft.
- Year Built: 1978
Lot Features
- Property View: Garden
- Lot Size (Sq. Ft.): 6,497
- Lot Dimensions: 6497
- Zoning: R-3
Financial Considerations
- Tax Amount: $6,913
- Tax Year: 2023
- Terms: Cash, Conventional, Owner May Carry
Disclosures and Reports
- 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
- Disclosures/Rstr.: Owner Is Listing Agent
- Property ID: 484135060360
Listed by London Foster Realty
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Schools
Schools serving 6990 SW 1st
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Atlantic West Elementary School 301 Northwest 69th Terrace, Margate, FL 33063 | PK-5 | 0.3 mi |
Margate Middle School 500 Northwest 65th Avenue, Margate, FL 33063 | 6-8 | 0.7 mi |
Coconut Creek High School 1400 Northwest 44th Avenue, Coconut Creek, FL 33066 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6990 SW 1st
Date
Details
Price
Change
Source
2/12/2024
Listed
$470,000
384.54%
MLS
12/17/1999
Sold
$97,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6990 SW 1st
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,022
3%
$125,910
3%
2024
$1,965
—
$122,600
3%
2024
$1,965
3%
$119,150
3%
2023
$1,912
9%
$115,680
6%
2021
$1,754
-3%
$109,050
-3%
2022
$1,810
3%
$112,320
4%
2021
$1,754
4%
$107,550
2%
2019
$1,682
7%
$105,140
2%
2018
$1,578
2%
$103,180
2%
2017
$1,553
6%
$101,060
2%
2016
$1,467
-2%
$98,990
1%
2015
$1,500
—
$98,310
1%
2014
$1,503
1%
$97,530
1%
2013
$1,493
—
$96,090
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6990 SW 1st
6990 SW 1st, Margate, FL 33068 (MLS# A11531604) is a Single Family property with 5 bedrooms and 2 full bathrooms. 6990 SW 1st is currently listed for $470,000 and was received on February 12, 2024. Want to learn more about 6990 SW 1st? Do you have questions about finding other Single Family real estate for sale in Margate? You can browse all Margate real estate or contact a Coldwell Banker agent to request more information.
