6990 SW 1st Street, Margate, FL 33068
Sold $460,000 · Sep 21, 2026
Last asking price $470,000 · 97.9% of asking · 912 days on market
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- 5 beds
- 2 baths
- 1,468 sq ft
- Single Family Residence
- Built 1978
- Lot 6,534 sq ft
- 1,793 sq ft total
- 1 garage space
- Broward County
- MLS# A11531604
- Oriole-Margate Sec 5
About this home
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
- Other
Schools
- Elementary: Atlantic West
- Middle: Margate
- High: Coconut Creek
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
London Foster Realty · listings@londonfoster.net · Listing agent: Denise Andrea Haeussler Leatherbee
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
What is your home worth?
6990 SW 1st Street sold on Sep 21, 2026. If you own nearby, get a free home valuation or see homes for sale in Margate. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.
Questions About 6990 SW 1st Street
- What did 6990 SW 1st Street sell for?
- 6990 SW 1st Street sold for $460,000 on Sep 21, 2026, about 97.9% of its last asking price of $470,000 and about $313 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
- What are the property taxes on 6990 SW 1st Street?
- The listing reported annual property taxes of $6,913 for 2023. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
- When was 6990 SW 1st Street built?
- 6990 SW 1st Street was built in 1978. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long was 6990 SW 1st Street on the market?
- 6990 SW 1st Street was on the market for 912 days before it sold, after the asking price was reduced from $499,999 to $470,000.
- Which schools serve 6990 SW 1st Street?
- The MLS lists Atlantic West (elementary), Margate (middle), Coconut Creek (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
- Is 6990 SW 1st Street still for sale?
- No. 6990 SW 1st Street sold on Sep 21, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.
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A comparable home, 7741 SW 1ST Street, Margate, FL 33068, sold for $480,000 in October 2026. Other Margate neighborhoods include Margate Shores and Hammon Heights. Nearby ZIP codes include 33063 and 33321. This property also neighbors North Lauderdale, Tamarac, and Coconut Creek. Compare it with the Margate housing market report.