Fort Lauderdale's Broward County is in the middle of a condo crisis. Post-Surfside structural inspections and insurance increases are forcing thousands of unit owners into pre-foreclosure. This is a once-in-a-decade opportunity for prepared investors.
Fort Lauderdale investors must navigate the condo structural inspection requirements. Buildings older than 30 years (or 25 in coastal areas) face mandatory milestone inspections. The costs are driving many HOAs to impose six-figure special assessments.
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