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House in Margate, FL 33068
Oriole Margate, 6990 SW 1st St

Share
$470,000
$30K
Estimate Payment $2,953Closing Costs
5
Beds
2
Baths
1,468
SqFt
$320
$/SqFt
Premium House
Built in 1978
1 Parking
Garden View
Detached, One Story
Fence
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!
MLS Number: A11531604
On Site: 949 Days
Updated: 6 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 5
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Fence,Other
  • View: Garden
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, MainLevelPrimary
  • Equipment / Appliances: Dryer, ElectricRange, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: CeramicTile,Tile
  • Year Built: 1978
  • Year Built Description: Effective Year Built
  • Style: Detached,OneStory
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2024-02-12T14:35:44.000-00:00
    • Directions: North
    • Pets Allowed: CatsOk,DogsOk,No,Yes
    Taxes, Fees & More
    • Taxes: 6913
    • Parking Description: Driveway,Other

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    Price History

    Current
    $470K
    High
    $500K
    Low
    $470K
    Total Change
    -6%
    $504K$485K$466KFeb 24Jun 25Aug 25Jan 26May 26May 26
    Date
    Event
    Price
    Change
    Price Per
    05/21/2026
    Price Reduced
    $470K
    0%
    $320 ft2
    $3,446 m2
    05/21/2026
    Price Reduced
    $470K
    -1.05%
    $320 ft2
    $3,446 m2
    01/25/2026
    Price Reduced
    $475K
    -5%
    $324 ft2
    $3,483 m2
    08/08/2025
    Price Reduced
    $500K
    0%
    $341 ft2
    $3,666 m2
    06/06/2025
    Price Reduced
    $500K
    0%
    $341 ft2
    $3,666 m2
    02/12/2024
    Listed
    $500K
     
    $341 ft2
    $3,666 m2
    05/21/2026
    $470K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $320 ft2
    $3,446 m2
    05/21/2026
    $470K
    Event
    Price Reduced
    Change
    -1.05%
    Price Per
    $320 ft2
    $3,446 m2
    01/25/2026
    $475K
    Event
    Price Reduced
    Change
    -5%
    Price Per
    $324 ft2
    $3,483 m2
    08/08/2025
    $500K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $341 ft2
    $3,666 m2
    06/06/2025
    $500K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $341 ft2
    $3,666 m2
    02/12/2024
    $500K
    Event
    Listed
    Price Per
    $341 ft2
    $3,666 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Denise Haeussler Leatherbee • London Foster Realty • Buyer Agency Compensation .

    Listing Location & Street View
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    Scores

    Walk Score®
    Car-Dependent. Most errands require a car
    43
    100
    Transit Score®
    Some Transit. A few nearby public transportation options
    26
    100
    Bike Score®
    Bikeable. Some bike infrastructure
    50
    100
    Sound Score®
    Very loud
    63
    100
    Airport Score
    Close to airports. Noticeable airport activity
    0
    100
    Traffic Score
    Congested area. Frequent traffic delays
    42
    100
    Local Score
    Limited local amenities nearby
    0
    100
    Community Snapshot
    3 – 5 BR
    Bedrooms
    $420K – $590K
    Price Tier
    1,077 - 3,074
    SqFt Range
    1974
    Year Build
    1
    Total Floors

    Subdivision Amenities

    None
    Sidewalks

    Margate
    Premium
     Premium Homes & Condos

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    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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