Active Under Contract

1250 NW 63rd Way

Margate, FL 33063

$499,000 $2,103/Mo

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Overview

Bed

Bath

1,526

Sqft

10,308

Sqft(Lot)

Description

Opportunity awaits with this 3-bedroom lakefront single-family home in Margate, Florida. Located on a peaceful waterfront lot with beautiful lake views, this property offers great potential for the right buyer. A partial renovation has already been completed, providing a solid head start for finishing the project or reimagining the home entirely. Ideal for an investor, builder, or developer, this property is perfect for a fix-and-flip, rental investment, or full renovation project. With its desirable lakefront setting and strong upside potential, this home presents a rare chance to create value in a growing South Florida market. Bring your vision and transform this waterfront property into something special. Renovation had begun. The home was gutted. The roof was replaced two years ago. Electrical and plumbing was completed. There is an open whole home renovation permit that expires in June 2026. Blue prints and plans are located inside the property.

Property Details

Property Type : Residential

Price : $499,000

AD Id : 76113063

MLS Id : B26000951

Beds : 3

Lot Size : 10,308 Sqft

Living Area Size : 1,526

Year Built : 1959

County : Broward

Subdivision: Margate

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Roofing Information

Shingle

Flooring Information

Concrete, Other
Interior Features

BedroomOnMainLevel, Other

Roof: Shingle

Appliances: GasWaterHeater, WaterHeater

Laundry Features: Other
Heating & Cooling

Heating: Central, None, Radiant Cooling: None Water front: 1

Building Information

Year Built: 1959

Building Area Total: 2145

Construction Materials: Block, Stucco

Stories: 1

Patio And Porch Features: Patio

Private Pool: No

Water front Features: LakeFront,LakePrivileges

View: Lake, Water
Exterior Features

Exterior Features: Garden, OutdoorLivingArea

Lot Information

Main Square Feet: 10308 Lot Size Acres: 0.24 Lot Description: CulDeSac,LessThanQuarterAcre

Property Information

Subdivision: MARGATE 3RD ADD-RESUB OF POR Source Property Type: Residential Postal Code Plus 4: 3513 Property SubType: Single Family Residence Direction Faces: Northwest Levels: One Property Age: 67

Listing Price Information

Listing Price: $499000

Cash

Tax Information

Parcel Number: 484125040520 Tax Year: 2025 Annual Tax: $1693.85 Tax Legal Desc: MARGATE 3RD ADD-RESUB OF POR 47-25 B LOT 39 BLK Y

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 6 AttachedCarport, Carport, Driveway

Garage Information

Pets Allowed: NoPetRestrictions, Yes

Utility Information

CableConnected, ElectricityAvailable, PhoneAvailable, SewerConnected, WaterAvailable
Location Information

WaterSource: Public Security Features: None

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
7897 Golf Cir Dr #307, Margate, FL, 33063	$97,500	1	1	739	739 SqFt
2227 NW 65th Ave, Margate, FL, 33063	$539,000	3	2	1,518	1,518 SqFt
6570 Royal Palm Blvd #3.., Margate, FL, 33063	$229,999	2	2	970	970 SqFt
795 Banks Rd, Margate, FL, 33063	$294,000	2	2	1,064	1,064 SqFt
370 NW 76th Ave #204, Margate, FL, 33063	$154,900	1	2	960	960 SqFt
3340 N Pinewalk Dr N #1.., Margate, FL, 33063	$199,000	2	2	1,027	1,027 SqFt
3320 N Pinewalk Dr N #1.., Margate, FL, 33063	$169,900	1	1	712	712 SqFt
7200 NW 4th Pl #201, Margate, FL, 33063	$135,900	2	2	990	990 SqFt
2615 NW 62nd Ave, Margate, FL, 33063	$565,000	4	2	1,349	1,349 SqFt
7390 S Pinewalk Dr S, Margate, FL, 33063	$379,900	3	2	1,395	1,395 SqFt

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ByOwner last updated this listing 06/08/2026 @ 01:12

MLS: B26000951 LISTED BY: Curtis Bradley, Bradley & Associates Realty, I 754-264-2436 SOURCE: Beaches MLS