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 July 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!
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Margate is located in Florida. Margate, Florida has a population of 58,331. Margate is less family-centric than the surrounding county with 19.7% of the households containing married families with children. The county average for households married with children is 27.2%.
The median household income in Margate, Florida is $52,881. The median household income for the surrounding county is $64,522 compared to the national median of $69,021. The median age of people living in Margate is 46.6 years.
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 57.4 degrees. The average rainfall is approximately 60.8 inches per year, with 0 inches of snow per year.
