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 November 2024, the government portion is $2,582 USD, the tenant $994 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!
Property Details
Property Features
Property Information:
Architectural Style: Detached, One Story
Year Built: 1978
Stories: 1
Living Area: 1,468 SqFt
Listing Office:
Office Name: London Foster Realty
Office Phone: (305) 514-0100
Listing Agent: Denise Haeussler Leatherbee
Interior Features
Interior Information:
Appliances: Dryer, Electric Range, Refrigerator, Washer
Flooring Type: Ceramic Tile, Tile
Interior: Bedroom on Main Level, First Floor Entry, Main Level Primary
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Atlantic West Elementary School
301 NW 69th Ter
Distance between this listing and this school0.29 miles
Public Magnet Grades PK-5
5
/10
Morrow Elementary School
408 SW 76th Ter
Distance between this listing and this school0.61 miles
Public District Grades PK-5
5
/10
North Lauderdale PK-8 School
7500 Kimberly Blvd
Distance between this listing and this school0.95 miles
Public District Grades PK-5
Nearby Schools
4
/10
Margate Middle School
500 NW 65th Ave
Distance between this listing and this school0.72 miles
Public Magnet Grades 6-8
5
/10
Somerset Preparatory Academy Charter School at North Lauderdale Campus
7101 Kimberly Blvd
Distance between this listing and this school0.72 miles
Public Charter Grades KG-8
3
/10
Silver Lakes Middle School
7600 Tam Oshanter Blvd
Distance between this listing and this school1.18 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Somerset Preparatory Academy Charter High North Lauderdale Campus
7101 Kimberly Blvd
Distance between this listing and this school0.72 miles
Public Charter Grades 9-12
1
/10
Suned High School of North Broward
1117 Banks Rd
Distance between this listing and this school1.79 miles
Public Charter Grades 9-12
2
/10
Ascend Career Academy
5251 Coconut Creek Pkwy
Distance between this listing and this school1.79 miles
The neighbors living near this home have an average income of $55,474. Residents of Margate, FL typically earn between $35k-100k each year. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6990 SW 1st St
What is the listing price of this property?
The listing price of 6990 SW 1st St property is $499,999.
What type of property is this?
The property 6990 SW 1st St is a house located in Margate, Florida, 33068.
Is this property for sale now?
Active Listing: 6990 SW 1st St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,780 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 6990 SW 1st St has 5 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 6990 SW 1st St is 1,468 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6990 SW 1st St is 1978.
This home is located at 6990 SW 1st St in Margate, FL and zip code 33068 in the Oriole neighborhood. This 1,468 square foot home was built in 1978. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $499,999.
In October 2024, from all listings sold in Margate, FL there were more than 4 sold above asking price, over 18 sold below and more than 6 were sold right at the asked price. The number of listings in Margate, FL increased by 1.4% between September 2024 and October 2024. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $349,283.
From Rocket Homes Real Estate and based on county public records data.