San Francisco real estate buyers snap up bargain underwater lots for under $1000

Several underwater lots in San Francisco, including a 5,000-square-foot parcel near Candlestick Point, recently sold at auction for as low as $750, highlights the speculative investment fever in the city’s high-priced real estate market.

While some view these purchases as risky investments, experts suggest potential, though legally challenging, future uses, ranging from filling the land to developing floating homes…

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