1250 NW 63rd Way Margate, FL 33063
Margate Gardens NeighborhoodEstimated payment $2,769/month
Highlights
- Lake Front
- Main Floor Bedroom
- No HOA
- Lake Privileges
- Outdoor Living Area
- Cul-De-Sac
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,694
Year Built
- Built in 1959
Lot Details
- 10,308 Sq Ft Lot
- Lake Front
- Cul-De-Sac
- Northwest Facing Home
- Garden
Home Design
- Entry on the 1st floor
- Shingle Roof
- Stucco
Interior Spaces
- 1,526 Sq Ft Home
- 1-Story Property
- Concrete Flooring
- Lake Views
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 6 Parking Spaces
- 2 Attached Carport Spaces
- Driveway
Outdoor Features
- Lake Privileges
- Patio
- Outdoor Living Area
Utilities
- No Cooling
- Central Heating
- Radiant Heating System
- Gas Water Heater
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Margate 3Rd Add Resub Of Por Subdivision
Listing and Financial Details
- Assessor Parcel Number 484125040520
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $1,694 | $115,470 | -- | -- |
| 2025 | $1,641 | $112,440 | -- | -- |
| 2024 | $1,591 | $109,280 | -- | -- |
| 2023 | $1,591 | $106,100 | $0 | $0 |
| 2022 | $1,597 | $103,010 | $0 | $0 |
| 2021 | $1,545 | $100,010 | $0 | $0 |
| 2020 | $1,514 | $98,630 | $0 | $0 |
| 2019 | $1,479 | $96,420 | $0 | $0 |
| 2018 | $1,399 | $94,630 | $0 | $0 |
| 2017 | $1,375 | $92,690 | $0 | $0 |
| 2016 | $1,288 | $90,790 | $0 | $0 |
| 2015 | $1,315 | $90,160 | $0 | $0 |
| 2014 | $1,317 | $89,450 | $0 | $0 |
| 2013 | -- | $92,730 | $54,120 | $38,610 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $499,000 | -- | $327 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $198,000 | New Conventional |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: B26000951
APN: 48-41-25-04-0520
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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