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Single Family House 5 bedrooms - ORIOLE-MARGATE SEC 5 for Sale

6990 SW 1ST ST, MARGATE, FL 33068

Asking Price$499,999

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  • Days on market:

    177 day(s)
  • Adjusted Area:

    1547 sqft
  • Original Price:

    $499,999
  • Price per sqft:

    $340.6
  • 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 Year:

    2023
  • Property Type:

    Single Family
  • Style:

    R30-No Pool/No Water
  • Parking:

    Driveway Other
  • Pets:

    Yes
  • View:

    Garden
  • Construction Type:

    Cbs Construction
  • Roof:

    Shingle
  • Cooling Description:

    ElectricCentral Air
  • Heating Description:

    ElectricCentral
  • Floor Description:

    Ceramic Floor Tile
  • Interior Features:

    First Floor Entry No Additional Rooms
  • Exterior Features:

    Other
  • Equipment/Appliances:

    Electric RangeRefrigeratorDryerWasher
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$499,999 • five bedroom(s) • two full bathroom(s) • living size area 1468 sqft • available with pets

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 august 2024, the government portion is $2,808 usd, the tenant $768 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!

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