$460,000
Sold · September 21, 2026
6990 SW 1st Street
Explore the area: Margate homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $460,000
- Vs. list price
- 2.1% under
- Days on market
- 912
- Price per sq ft
- $313
This 5-bedroom single-family home in Oriole-Margate Sec 5 sold for $460,000 on September 21, 2026. That was 2.1% below its final list price of $470,000. It first came on the market at $499,999, so the price was adjusted before it sold. It spent 912 days on the market. At $313 per square foot, it closed 7.9% below the $340 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $460,000
- Sold On
- September 21, 2026
- Days on Site
- 912 Days
- Bedrooms
- 5
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,468 sqft
- Total Sq Ft
- 1,793 sqft
- Lot Size
- 0.15 Acres
- Year Built
- 1978
- Property Type
- Single Family
- MLS #
- A11531604
- Property Tax
- $6,913 (2023)
- Subdivision
- ORIOLE-MARGATE SEC 5
- County
- Broward
- Status
- Sold
About This Property
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!
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1978
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 1
- Parking
- Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.15
- Living Sq Ft
- 1,468
- Total Sq Ft
- 1,793
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-3
Interior Features
- Appliances
- Dryer / Electric Range / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile / Tile
- Interior Features
- Bedroom On Main Level / Main Level Primary
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Other
- View
- Garden
Community & HOA
- Association Amenities
- Other
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / Owner Will Carry
- Restrictions
- No Restrictions / Ok To Lease
- MLS Area
- 3633
Schools
- Elementary School
- Atlantic West
- Middle School
- Margate
- High School
- Coconut Creek
About the Community
Oriole-Margate Sec 5 is a waterfront community in Margate, Broward County, Florida. Active listings are priced from $470,000 to $515,000. Homes were built between 1977 and 1978. Pure Equity lists homes in Oriole Margate and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 10
- Median List Price
- $512,450
- Median $/Sq Ft
- $339
- Avg Days on Market
- 69
Frequently Asked Questions
- How do I schedule a tour of 6990 SW 1st Street, Margate, FL 33068?
- Use the Tour button on this listing to request a showing of 6990 SW 1st Street, Margate, FL 33068. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 6990 SW 1st Street, Margate, FL 33068 still available?
- 6990 SW 1st Street, Margate, FL 33068 is currently listed as Sold, and has been on the market 912 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 6990 SW 1st Street, Margate, FL 33068?
- With 20% down ($94,000) on the $470,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 6990 SW 1st Street, Margate, FL 33068 is about $2,470/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 6990 SW 1st Street, Margate, FL 33068?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 6990 SW 1st Street, Margate, FL 33068. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 6990 SW 1st Street, Margate, FL 33068?
- 6990 SW 1st Street, Margate, FL 33068 is zoned for Atlantic West (elementary), Margate (middle), Coconut Creek (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 6990 SW 1st Street, Margate, FL 33068?
- Often, yes. The right offer on 6990 SW 1st Street, Margate, FL 33068 depends on how it's priced against comparable single family sales in Margate, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of London Foster Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$460,000
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Listed by Denise Andrea Haeussler Leatherbee, London Foster Realty
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Recent Sales
Recently sold homes in Oriole-Margate Sec 5
These are the last 6 recorded closings in Oriole-Margate Sec 5, with the price each home actually sold for rather than what it was listed at. They closed at a median of $353 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$430,000
Sold · October 2, 2026
6981 SW 1ST Court
3 bed · 2 bath · 1,218 sqft · $353/sqft
$10,001 over the asking price
Sold$600,000
Sold · July 31, 2026
630 NW 79th Avenue
3 bed · 2 bath · 1,655 sqft · $363/sqft
$15,000 under the asking price
Sold$430,000
Sold · July 27, 2026
6920 SW 1st Court
3 bed · 2 bath · 1,317 sqft · $326/sqft
$5,100 over the asking price
Sold$500,000
Sold · June 9, 2026
256 NW 78th Terrace
3 bed · 2 bath · 1,553 sqft · $322/sqft
$15,000 under the asking price
Sold$575,000
Sold · May 18, 2026
7971 NW 3rd Place
4 bed · 2 bath · 2,208 sqft · $260/sqft
$14,000 under the asking price
Sold$512,000
Sold · May 15, 2026
7520 SW 1st Street
3 bed · 2 bath · 1,277 sqft · $401/sqft
$12,999 under the asking price
See every recorded sale in Oriole-Margate Sec 5 or find out what your Oriole-Margate Sec 5 home is worth.
