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3050 NE 16th Ave # 407, Oakland Park FL 33334

Condo/Co-op Active With Contract
$224,900

BTC: 3.72350993

ETH: 141.03054512

+$6K (2026/04/22)
54 days
Waterfront
2 bds
2 ba
912 sqft

Overview

You will not find better value east of I-95 for a true 2-bedroom, 2-bath condo in this location. Welcome to 3050 NE 16th Ave #407, a gated community just minutes from Wilton Manors and Wilton Drive. Boat dockage with intracoastal and ocean access available to owners. Ideally located approximately 5 minutes to Wilton Drive and 1 mile to the beach, with easy access to Las Olas, dining, shopping, nightlife, parks, and I-95. Comparable units in the building have achieved higher price per square foot, making this a compelling option for buyers looking to secure value today with the potential to elevate over time. The community is well maintained with no known assessments, adding an extra layer of confidence. Bright, spacious, and filled with natural light, this unit offers the ideal layout to create your own South Florida retreat while stepping into a price point that is becoming increasingly difficult to find. Opportunities like this—where location, price, and upside align—are limited. Whether you are looking for a primary residence or second home, this is a unique opportunity to get into a high-demand area at an attractive entry point. Why rent when you can own for less? Well-located, well-priced, and full of potential—this is a true opportunity! Easy to show. Furniture is Virtually staged.

Location

Details

Type:
Residential
Parking:
1 Space / Additional Spaces Available / Guest
Year Built:
1972
Lot:
No Data
Heating:
Central
Price/sqft:
$247
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$827

Valuation

Our model vs. what's actually selling nearby.
Estimate
$239,450
$164K – $377K
Confidence Low
List vs. estimate
$14K below estimate
List $224,900 · -6.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$246
+14.5% vs. city median $215
Based on
136 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,627
2025
HOA
$827/mo
View
Canal, Pool Area View
Waterfront
Canal Front, Ocean Access
Pets
Not allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Refrigerator

    Other interior features

    • Elevator

    • Fire Sprinklers

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Additional Spaces Available

    • Guest

    Property

    • Exterior Features: Screened Balcony

    Other Property Information

    • Parcel Number: 494226AC0280

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $827

    • HOA Frequency: Monthly

    • Annual tax amount: $5,627

  • Source details

    • MLS ID: A12005837

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Common Area

    • Architectural Style: Garden Apartment

    • Waterfront: Yes

    • Living Area: 912

    • Subdivision Name: RIVER TERRACE CONDO

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Perfect Properties of Florida Real Estate