Property Features
- Status: Active
- Category: For Sale
- Type: Single Family Residence
- Subdivision Name: ORIOLE-MARGATE SEC 5
- Bedrooms: 5
- Bathrooms: 2
- Half Baths: 0
- Living Square Feet: 1468 sq ft
- Lot Size Square Feet: 6497 sq ft
- Pets Allowed: Yes
- Association Fee: 0
- Tax Year: 2023
- Tax Annual Amount: $6,913
- County: Broward County
- Original List Price: $499,999
- DOM: 263
- MLS ID: A11531604
Description
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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).
Show all description
The current management company can be facilitated. Please do not disturb the tenant or knock on the door!
Building Details
- Building Area Total: 1793 sq ft
- Parking Features: Driveway, Other
- View: Garden
- Carport Spaces: 0
- Building Name: ORIOLE-MARGATE SEC 5
- Covered Spaces: 1
- Construction Materials: CBS Construction
- Garage Spaces: 1
- Garage Y/N: Yes
- Roof: Shingle
Rooms
- Room Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
- Room Living Room Features: No Additional Rooms
Amenities & Features
- Water Source: Municipal Water
- Architectural Style: Detached, One Story
- View Y/N: Yes
- Appliances: Dryer, Electric Range, Refrigerator, Washer
- Sewer: Public Sewer
- Exterior Features: Other
- Cooling Y/N: Yes
- Cooling: Central Air, Electric
- Interior Features: First Floor Entry, No Additional Rooms
- Heating: Central, Electric
- Flooring: Ceramic Floor, Tile
- Fencing: Fenced
Location
- Direction Faces: North
Ask an Agent About This Home
This Single Family Residence style property is located in Margate is currently For Sale. This property is listed at $499,999. It has 5 beds, 2 baths, and has 1468 sq ft. The property was built in the year 1978. Listing courtesy of London Foster Realty