Condo in 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 for sale with MLS# B26094738

Rare opportunity in River Shores! A blank canvas ready for you to create your ideal personal retreat. Enjoy beautiful views of the North Fork of the Middle River, downtown Fort Lauderdale and resort-style pool. North/South exposure offers amazing cross ventilation. Updates include impact windows and an on-demand water heater. The screened patio, accessible from the primary suite and living room, is perfect for entertaining. Oversized bedrooms with terrific closet space; primary suite has an en-suite bath & dressing area. Gated community offers boat dockage, sauna, clubhouse, gym, billiards, bike storage, BBQ area and extra storage unit. Building is in wonderful condition with strong reserves, financials and on-site laundry. Ideal location minutes to Wilton Manors, the beach and shopping.

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3050 NE 16TH Avenue 505, Oakland Park, FL 33334

Price
Price:
$245,000.00
Original List Price:
$245,000.00
List Price per Sq Ft (Calculated, Approx.):
$268.64
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
October 30, 2026 8:48 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Combo Tub/shower, Bedroom On Entry Level
Dining Area:
Dining/Living Room
Measures
Living Area:
912 Sqft
Built-Up Area:
912 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Property Features
View from the Property:
Pool, Water, Canal
Waterfront:
No
Waterfront Features:
Fixed Bridge
Security:
Key Card Entry, Gated With Guard, Security Fence
Furnished:
Unfurnished
Appliances:
Electric Range, Oven
Interior:
Bedroom Layout - Split
Exterior:
Balcony
Windows:
Blinds
Laundry:
Common Area
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Boat and Dock Features:
Water Available
Property Entrance Faces:
Southeast
Balcony Details:
Balcony - Screened
Construction
Year Built:
1972
Roof:
Other
Levels:
Two
Construction Materials:
Other, CBS
Flooring:
Carpet, Tile
Number of stories:
7
Structure Type:
Multi Family
Stories:
11
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$5,551.87
Tax Year:
2025
Tax Assessed Value:
$261,300.00
Association Fee:
$650.00
Association Fee Frequency:
Quarterly
Property Tax Details:
Homestead Exemption
Parking
Parking Total Spaces:
1
Covered Spaces:
0
Parking Features:
Assigned, Asphalt
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Sewer Connected, Water Connected
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Application Required
Application Fee:
$100.00
Application Information:
3-4 Weeks Approval, Association Approval Required
Association Type:
Condominium
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Library, Pool, Community Room, Laundry, Storage, Fitness Center, Gated, Car Wash area
Subdivision Name:
RIVER TERRACE CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Pool Service, Recreation Facility
Association Name:
RIVER TERRACE INC., A CONDOMINIUM
Senior Community:
No
Association Minimum Credit Score:
650
Association Requires a Minimum Credit Score
Restrictions:
Parking - No Rv, Lease Restrictions, Parking - No Truck, Parking - No Trailer
Minimum Days per Lease:
270
Other Leasing Restrictions:
Leasing Prohibited 1st 2 Years
Community Dock
Leasing Permitted
Leasing Permitted Details:
Okay To Lease With Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
RIVER TERRACE CONDO UNIT 505 PER CDO BK/PG: 5178/769
Real Estate Folio Number (Parcel Number):
494226ac0330
Zoning:
RM-25
Public Schools Assigned
Elementary School:
Floral Ridge Elementary
High School:
Fort Lauderdale
Middle Or Junior School:
Sunrise
Listing History
Active on the market since:
October 30, 2026
Listing Agreement executed on:
October 30, 2026
Listing Status Last Changed On:
October 30, 2026 8:48 pm
Photos updated on:
October 30, 2026 9:08 pm
Last Modified:
October 30, 2026 9:09 pm
Additional Information
Courtesy of:
Keller Williams Realty Profess
Attribution:
Not provided
Location
Floor Number:
5
Street Name:
16TH
Street Number:
3050
Unit Number:
505
City:
Oakland Park
State:
Florida
Zip Code:
33334
County:
Broward
Latitude:
N26° 9' 57.8''
Longitude:
W81° 52' 29.6''
Street Suffix:
Avenue
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $69,512
Median Home Value $430,500
Median Rent $1,615/mo
Median Age 41
Population 30,889
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Association of REALTORS®
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