FOR SALE

830 50th Ave

Broward, Oakland Hills 4th Sec, Margate, FL

Asking

$540,000

BTC

8.000

ETH

276.05

Beds
6
Baths
2
Home Size
1,735 sq. ft.
Year Built
1979
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.

LOADING

Location

Market Area
Broward
Neighborhood
OAKLAND HILLS 4TH SEC

Agent

Denise Haeussler Leatherbee

+1 310 910 1722

Contact Email

[email protected]