Sold for $310,000

$310,000

1250 NW 63rd Way, Margate, FL 33063

3beds

1,526sqft

Single Family Residence

Built in 1959

10,308 Square Feet Lot

$480,400 Zestimate^®

$203/sqft

$3,094 Estimated rent

Home value

$480,400

$456,000 - $504,000

$3,094/mo

Zestimate^® history

Owner options

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$3,094/mo

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$3,094/mo

Rent Zestimate^®

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$2,262/mo

Est. payment

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$2,262/mo

Est. payment

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What's special

Peaceful waterfront lotBeautiful lake views

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Heating

Central, None, Radiant

Cooling

None

Appliances

Included: Gas Water Heater, Water Heater
Laundry: Other

Features

Bedroom on Main Level, Other
Flooring: Concrete, Other
Has fireplace: No

Interior area

Total structure area: 2,145
Total interior livable area: 1,526 sqft

Property

Parking

Total spaces: 6
Parking features: Attached Carport, Carport, Driveway
Carport spaces: 2
Has uncovered spaces: Yes
Details: CarportSpaces:2.00

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Entry location: 1
Patio & porch: Patio
Exterior features: Garden, Outdoor Living Area
Fencing: None
Has view: Yes
View description: Lake, Water
Has water view: Yes
Water view: Lake,Water
Waterfront features: Lake Front, Lake Privileges

Lot

Size: 10,308 Square Feet
Features: Cul-De-Sac, < 1/4 Acre

Details

Parcel number: 484125040520
Zoning: R-1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Block, Stucco
Foundation: Block
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1959

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Available, Phone Available, Sewer Connected, Water Available

Community & HOA

Community

Security: None
Subdivision: MARGATE 3RD ADD-RESUB OF POR

HOA

Has HOA: No

Location

Region: Pompano Beach

Financial & listing details

Price per square foot: $203/sqft
Tax assessed value: $112,440
Annual tax amount: $1,693
Date on market: 4/13/2026
Cumulative days on market: 17 days
Listing terms: Cash
Electric utility on property: Yes
Road surface type: Asphalt

Price history

Date	Event	Price
6/18/2026	Sold	$310,000-37.9%$203/sqft
Source: BeachesMLS #B26000951 Report a problem
3/12/2026	Listed for sale	$499,000$327/sqft
Source: BeachesMLS #B26000951 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,694 +3.2%	$112,440 +2.9%
2024	$1,641 +3.2%	$109,280 +3%
2023	$1,591 -0.4%	$106,100 +3%
2022	$1,597 +3.4%	$103,010 +3%
2021	$1,545 +2%	$100,010 +1.4%
2020	$1,514 +2.4%	$98,630 +2.3%
2019	$1,479	$96,420 +1.9%
2018	$1,479 +5.7%	$94,630 +2.1%
2017	$1,399 +1.7%	$92,690 +2.1%
2016	$1,375 +6.7%	$90,790 +0.7%
2015	$1,288 -2.2%	$90,160 +0.8%
2014	$1,317	$89,450 -3.5%
2013	$1,317 +25.4%	$92,730 +7%
2012	$1,050 -17.7%	$86,660 -10.8%
2011	$1,275 -12%	$97,190 +2.9%
2010	$1,449 +6.7%	$94,410 +2.7%
2009	$1,358 +3.9%	$91,930 +0.1%
2008	$1,307 -15.7%	$91,840 +3%
2007	$1,550 -1.3%	$89,170 +2.5%
2006	$1,570	$87,000 +3%
2005	--	$84,470 +3%
2004	$1,562 +1.2%	$82,010 +1.9%
2003	$1,544 +2.4%	$80,490 +2.4%
2002	$1,508 +4.2%	$78,610 +1.6%
2001	$1,448 -1.9%	$77,380
2000	$1,477	--