6990 Southwest 1st Street

Margate, FL 33068

$499,999
Price
5
Beds
2
Baths
1,468 Sq. Ft.
$341 / Sq. Ft.
1,468
Sq. Ft.
$341
per Sq. Ft.

Description

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!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!
  1. Listed by Denise Haeussler Leatherbee • London Foster Realty

Property Details for 6990 Southwest 1st Street

Subdivision
ORIOLE-MARGATE SEC 5
Style
R30-No Pool/No Water
Waterfront
No
View
Garden View
Area
3633
Geographic Area
North Broward 441 To Everglades (3611-3642)
Auction
No
Sq Ft Total
1793
LISTING UPDATED: 11/01/2024 11:19 AM

Property Details for 6990 Southwest 1st Street

StatusActive
MLS #A11531604
Days on Market286
Taxes$6,913 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single
Year Built1978
Lot Size0.15 AC / 6,497 SF
CountyBroward County

Building Information for 6990 Southwest 1st Street

Stories1Year Built1978Building Size-Lot Size0.15 AC / 6,497 SF

Property Information for 6990 Southwest 1st Street

Location Information
Location Information
  • Parcel Number Free Text: 484135060360
  • Parcel Number MLX: 0360
  • MLS Area: 3633
  • Township Range: 48
  • Section: 35
  • Subdivision Number: 6
  • Subdivision Complex Bldg: ORIOLE-MARGATE SEC 5
  • Zoning Information: R-3
General Information
Parking
  • Num Garage Spaces: 1
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: Driveway, Other Parking
General Information
  • Front Exposure: North
  • Housing Older Persons Act: No HOPA
  • Property Sq Ft: 6497
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Design: Detached
  • Design Description: One Story
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Roof Description: Shingle Roof
  • Flooring: Ceramic Floor, Tile Floors
  • Floor Description: Ceramic Floor, Tile Floors
Room Information
Room Information
  • Rooms Description: No Additional Rooms
  • Bedroom Description: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Central Cooling, Electric Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: None
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry
  • Equipment Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Exterior Features: Fence, Other
  • Subdivision Information: Other Subdiv/Park Info
Financial Information
Financial Information
  • Type of Association: None
  • Membership Purchase Fee: $0
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects City & County Tax

Property History for 6990 Southwest 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6990 Southwest 1st Street

Taxable ValueLand$25,990Additions$287,900Total$313,890
Tax Record2023$7,213 ($601 / month)
Home Facts
Beds3Total Finished SqFt1,468 SqFtAbove Grade Finished SqFt1,468 SqFtStories1Lot Size6,497 SqFtStyleSingle Family ResidenceYear Built1977Year Renovated1978ZoningR-3CountyBROWARDAPN48-41-35-06-0360

Schools near 6990 Southwest 1st Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Atlantic West Elementary School
PublicPK to 5

Margate Middle School
Public6 to 8

Coconut Creek High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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6990 Southwest 1st Street is a single family home for sale in Margate, FL 33068. This property was listed for sale on February 12, 2024 by London Foster Realty, it's currently listed at $499,999. It has been on the market for a total of 286 days and was last sold on July 7, 2022. This listing's school district is Broward. Nearby schools include Atlantic West Elementary School, Margate Middle School and Coconut Creek High School. 6990 Southwest 1st Street is a 5-bed, 2-bath, 1,468 sqft single family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of London Foster Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.