A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Size: 1,526 SqFt (142 m2)
Price: $327/SqFt ($3,520/m2)
Type: Single Family Home
Built: 1959
MLS Number: B26000951
View: Lake,Water
On Site: 26 Days
Updated: 11 Days ago
Page Views: 0
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.