Investment opportunity in River Oaks, a hidden gem near Lauderdale Marine Center. This fourplex with all 2/2 units, bottom two renovated recently. Offering tremendous value-add, rents are currently below market, ideal for short and long-term rentals. Perfectly located near major highways, Ft Lauderdale Airport, restaurants, and shops. A quiet neighborhood close to a bustling area, it promises growth and convenience. Roof ~3years old, Central ACs, separate Electric meters. Probate and Approved Short Sale. Property has code violation fines assessed. City is willing to grant buyer amnesty and reduce the cost to 10% of total fine amount, which will be negotiated from short sale lenders prior to closing. Buyer to assume property with code violations and is responsible to compile cases.
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