RIVER TERRACE CONDO
3050 NE 16th Ave # 407, Oakland Park FL 33334
2 beds · 2 baths · 912 ft²
2
Bedrooms
2
Bathrooms
912
Sq. Ft.
1972
Year Built
7
Stories
24
Days on Market
Description
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 the kind of opportunity buyers wait for. Easy to show. Furniture is Virtually staged.
Facts
- MLS#
- A12005837
- Subdivision
- RIVER TERRACE CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1972
- Lot Size
- 0 sqft
- Sq. Ft.
- 912 ft²
- Sq. Mt.
- 85 m²
- Price per sq. ft.
- $247/ft²
- Price per sq. mt.
- $2,646/m²
- Stories
- 7
- Garage
- —
- Pool
- —
- Days on Market
- 24 days
- Listed
- Apr 22, 2026
- Last Updated
- May 16, 2026
- Price/Lot Sq.Ft.
- —
Market insights for Oakland Park
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
36
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 4/22/2026 | Price change | $224,900+2.7% |
| 4/22/2026 | Listed for sale | $219,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Veterans Park Academy For The ArtsPK,KG,1,2,3,4,5,6,7,8 · public · 2.3 mi
East Zone Middle School Qq6,7,8 · public · 2.4 mi
Mirror Lakes Elementary SchoolPK,KG,1,2,3,4,5 · public · 2.5 mi
Maranatha Private SchoolKG,1,2,3,4,5,6,7,8,9 · private · 2.6 mi
G. Weaver Hipps Elementary SchoolPK,KG,1,2,3,4,5 · public · 2.7 mi
Amanecer Elementary SchoolPK,KG,1,2,3,4,5 · public · 2.8 mi
Harvest Christian AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 2.8 mi
Lehigh Acres Middle School6,7,8 · public · 2.9 mi
East Lee County High School9,10,11,12 · public · 3.2 mi
Lehigh Elementary SchoolPK,KG,1,2,3,4,5 · public · 3.3 mi
Estimated Monthly Payment
$1,534/mo
Principal & Interest
$1,197
Property Tax
$187
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated 16 hours ago
