3050 NE 16TH Avenue 505, Oakland Park, FL 33334 (MLS# B26094738)

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

$245,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 912 Status: Active
Current Price: $245,000 List Date: 10/30/2026 Last Modified: 11/12/2026

Overview

Description

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.

Listing Details MLS# B26094738

General Property Information

Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
912
Building Area Source
Public Records
Living Area Main
912
Living Area Source
Public Records
Adjusted Area Main
912
Accessibility Features YN
No
Year Built
1972
Parking Total
Yes
Gated Community YN
Yes
Senior Community YN
No
Land Lease YN
No
Outdoor Living Spaces YN
Yes
Stories Total
7
Stories
11
Direction Faces
Southeast
Fireplace YN
No
Pool Private YN
No
Furnished
Unfurnished
Washer/Dryer Allowed YN
No
LP/Assessed Value
0.94

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Amenities: Gated Association Fee Includes: Maintenance Grounds; Pool Service; Recreation Facility; Trash; Water Dining Area: Dining/Living Room Flooring: Carpet; Tile Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Asphalt; Assigned Property Condition: Resale Special Listing Conditions: Standard Appliances: Electric Range; Oven Boat and Dock Features: Water Available Construction Materials: CBS; Other Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split Laundry Features: Common Area Listing Terms: 1031 Exchange; Cash; Conventional Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Lease Restrictions; Parking - No RV; Parking - No Trailer; Parking - No Truck Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Roof: Other Security Features: Gated with Guard; Key Card Entry; Security Fence Sewer: Public Sewer Structure Type: Multi Family Tax Information: Homestead Exemption Utilities: Cable Available; Sewer Connected; Water Connected View: Pool; Water Water Access: Fixed Bridge Water Source: Public Water View: Canal Window Features: Blinds Showing Requirements: Appointment Only; Gate Code; Lockbox; Schedule Online; Security Gate; Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened

Contract Information

Comp Sale YN
No
Original List Price
245000
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
3050
Street Direction Prefix
NE
Street Name
16TH
Street Suffix
Avenue
Unit Number
505
City Name
Oakland Park
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33334
Postal Code +4
5271
Postal Zip
33334
Subdivision Name
RIVER TERRACE CONDO
Area
3370
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Elementary School
Wilton Manors
Middle Or Junior School
Sunrise
High School
Fort Lauderdale
Special Assessment YN
No
Parcel Number
494226ac0330
Zoning
RM-25
Flood Zone
AE
Directions
Oakland Park Blvd to NE 16th Ave turn south to River Terrace on the left.

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
2589
Association Fee Frequency
Quarterly
Association Membership
Mandatory
Application Required YN
Yes
Association Name
RIVER TERRACE INC., A CONDOMINIUM
Association Email
RiverTerrace@smaartcompany.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
863
Membership Fee Required YN
No
Tax Annual Amount
5551.87
Tax Year
2025
Tax Assessed/SOH Value
261300
Tax Legal Description
RIVER TERRACE CONDO UNIT 505 PER CDO BK/PG: 5178/769
Assessor Market Value
261300

Status Change Information

Major Change Timestamp
2026-10-30T20:48:49Z
Major Change Type
New Listing
Status Change Date
2026-10-30

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes
Parking Space Number
58

Boat and Dock Information

Dock
Yes
Dock Details
Community Boat Dock

Co-Ownership

Property Management YN
Yes
Property Management Name
ROYALE MANAGEMENT INC.
Property Management Phone
954-563-1269
Property Management Email
RiverTerrace@smaartcompany.com

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Qualifying Requirements

Minimum Credit Score YN
Yes
Minimum Credit Score
650

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
270

Price Calculations

Current Price To SqFt
268.64

Originating Details

Originating System Key
20261030174104291645000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Documents

IDX
Listing Office: Keller Williams Realty Profess
Source MLS Verified
Last Updated: November - 12 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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