830 SW 50th Ave, Margate, FL 33068, USA
Property Features
- Status: Active
- Category: For Sale, Single Family Residence
- Type: Residential, Single Family Home
- 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: 7
- ListOfficeName: London Foster Realty
- MLS ID: A11959930
- GarageSpaces: 0
- ListAOR: Miami Association of REALTORS®
Description
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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)
Show all description
~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.
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: Stucco
- Roof: Other
- Parking: Driveway
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
