Single Family Home ORIOLE-MARGATE SEC 5

$ 470,000
  • 5 bed
  • 2 bath
  • 6,497 ft2 (604 m2)
Interested in this listing?
We will connect you with an agent in a short time
Details
    • Listed on:
      February 12, 2024
    • Days on Market:
      777
    • Maintenance:
      n/a
    • Taxes:
      $ 6,913 per year
    • Year:
      1978
    • Furniture:
      -
    • Floor Description:
      Ceramic Floor, Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Garden
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • No Additional Rooms
  • Exterior Features:
    • Other
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
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 June 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!
Map view