830 50th Ave, Margate, FL, 33068

6 beds
2, 2 baths
1735 sq ft
$540,000
Request info

Property Features

  • Status:
  • Category: ,
  • Type: ,
  • Subdivision Name: OAKLAND HILLS 4TH SEC
  • Bedrooms: 6
  • Bathrooms: 2, 2
  • Half Baths: 0
  • Living Square Feet: 1735 sq ft
  • Lot Size Square Feet: 6924 sq ft
  • Area: 1735 sq ft
  • Lot size, sq ft: 6924 sq ft
  • Pets Allowed: Yes
  • Association Y/N: Yes
  • Association Fee: $275
  • Tax Year: 2025
  • Tax Annual Amount: $9,289
  • Waterfront Y/N: Yes
  • Original List Price: $540,000
  • SubdivisionName: OAKLAND HILLS 4TH SEC
  • DOM: 8
  • ListOfficeName: London Foster Realty
  • MLS ID: A11959930
  • GarageSpaces: 0
  • ListAOR: Miami Association of REALTORS®

Description

  • Description:

    6 bed, 2 bath waterfront home on a large 6,924 sqft lot. Rented for $5,433/month. The rental income is supported by a government housing assistance program (as of February: $4,716 government / $717 tenant). Lease renews 10/31/2026. The tenant has been at the property since December 2022. Roof 2020, AC 2022||

    Current management company available for seamless transition. Please do not disturb tenant or knock on the door!

    || PORTFOLIO SALE AVAILABLE (review broker's remarks)
    ~10.4% return after property taxes, based on current contractual rents (before other operating expenses).
    Investment opportunity consisting of a 9 single-family homes portfolio located in Broward County, Florida.
    * Total portfolio asking price: $4,198,000.
    * Total contractual rents for the portfolio: $42,497/month ($509,964/year).
    * Total 2025 property taxes: $73,955.
    *Tenant rents include a portion paid directly by the government.

    Show all description

Building Details

  • ArchitecturalStyle: Detached, One Story
  • Building Area Total: 2132 sq ft
  • Parking Features: Driveway
  • View: Canal, Garden, Water
  • Carport Spaces: 0
  • Building Name: OAKLAND HILLS 4TH SEC
  • Covered Spaces: 0
  • Construction Materials: Stucco
  • NewConstructionYN: No
  • Garage Spaces: 0
  • Exterior material:
  • Roof:
  • Parking:

Rooms

  • Room Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Room Living Room Features: No Additional Rooms

Amenities & Features

  • Features:
  • Amenities:
  • CommunityFeatures: None
  • ExteriorFeatures: Fruit Trees
  • Water Source: Municipal Water
  • Architectural Style: Detached, One Story
  • Waterfront available: Yes
  • View Y/N: Yes
  • GarageYN: No
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • AttachedGarageYN: No
  • Sewer: Public Sewer
  • Exterior Features: Fruit Trees
  • Cooling Y/N: Yes
  • Waterfront Features: WF/No Ocean Access, Canal Front
  • Cooling: Ceiling Fan(s), Central Air
  • CoolingYN: Yes
  • Interior Features: First Floor Entry, No Additional Rooms
  • Heating: Central
  • PoolPrivateYN: No
  • Flooring: Ceramic Floor, Tile
  • Fencing: Fenced
  • FireplaceYN: No

Location

  • Direction Faces: East
  • County: Broward County

Ask an Agent About This Home

Phone
By clicking the «REQUEST INFO» button you agree to the Terms of Use and Privacy Policy
This , style property is located in Margate is currently , . This property is listed at $540,000. It has 6 beds, 2, 2 baths, and has 1735 sq ft. The property was built in the year Effective Year Built, 1979. Listing courtesy of London Foster Realty
year(s)
per year

Your total monthly payment

Principal & Interest
Property taxes

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. 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. All data is deemed reliable but is not guaranteed accurate.