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 ...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.