$540,000 USD
Single Family Home for Sale, 830 SW 50th Ave, Margate, Florida 33068
- MLS#A11959930
- 6
- 2
161 m² (1,735 ft²)
Listed By London Foster Realty
The Single Family Home for Sale located at 830 SW 50th Ave, Margate, Florida 33068 is currently for sale. 830 SW 50th Ave, Margate, Florida 33068 is listed for $540,000. This property has 6 bedrooms, 2 bathrooms.
Property features
Property
- Property size:
161 m² (1,735 ft²) - Location: WaterfrontSubdivision
Lot/Land
- Land/Lot size:
643 m² (6,924 ft²) - Lot description: Fenced
Construction
- Year built: 1979
- Construction: Detached
Bedrooms
- Bedrooms: 6
Bathrooms
- Total bathrooms: 2
- Full bathrooms: 2
View
- Features: Canal ViewGardenWater View
Heating and Cooling
- Heating system: Central
- Cooling system: Central AC
Utilities
- Other utilities: Public Sewer
Community
- Features: Pets Allowed
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 March: $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.
Location
830 SW 50th Ave, Margate, Florida 33068