About 6990 Sw 1st Street
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!
Features of 6990 Sw 1st Street
| MLS® # | A11531604 |
|---|---|
| USD | $470,000 |
| CAD | $651,397 |
| CNY | 元3,152,901 |
| EUR | €404,754 |
| GBP | £347,261 |
| RUB | ₽39,596,842 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Acres | 0.15 |
| Year Built | 1978 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Restrictions | No Restrictions |
| Status | Active Under Contract |
| HOPA | No Hopa |
| Membership Equity | No |
Community Information
| Address | 6990 Sw 1st Street |
|---|---|
| Area | 3633 |
| Subdivision | ORIOLE-MARGATE SEC 5 |
| City | Margate |
| County | Broward |
| State | FL |
| Zip Code | 33068 |
Amenities
| Amenities | Other |
|---|---|
| Parking | Driveway |
| # of Garages | 1 |
| View | Garden |
| Is Waterfront | No |
| Has Pool | No |
| Pets Allowed | Yes, No Restrictions |
| Subdivision Amenities | Other |
| Guest House | No |
Interior
| Appliances | Dryer, Electric Range, Refrigerator, Washer |
|---|---|
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
| Master Bedroom | Master Bdrm - Ground, Bedroom On Entry Level |
Exterior
| Exterior Features | Other |
|---|---|
| Roof | Shingle |
| Construction | CBS |
| Front Exposure | North |
School Information
| Elementary | Atlantic West |
|---|---|
| Middle | Margate |
| High | Coconut Creek |
Additional Information
| Date Listed | March 29th, 2026 |
|---|---|
| Days on Market | 168 |
| Zoning | R-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 484135060360 |
Listing Details
| Office | London Foster Realty |
|---|---|
| denise@dhinvest.us |