Lake Ridge, Fort Lauderdale, FL 33304
$600,000
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Two ways to win on one RM-15 lot in the heart of Poinsettia Heights / Lake Ridge — a rare renovate-or-redevelop play in one of Fort Lauderdale's hottest redevelopment corridors. RENOVATE: The existing CBS home already has the expensive items handled — a 2021 roof and newer AC — so your capital goes into finishes, not systems. Reposition as a turnkey rental or resale in a pocket where updated homes are closing into the $800s. REDEVELOP: RM-15 zoning permits two units, and this block has already proven the exit — new-construction townhomes here are selling near $1.3M each. Tear down, build two, and step into a market rewarding new product right now. Either path, the location carries it: walk or bike to the beach, Wilton Drive, downtown Fort Lauderdale, and Las Olas. No HOA. Sold as-is. Bring your contractor or your architect — proven RM-15 blocks like this don't stay available long.
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