RIVER TERRACE CONDO

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

2 beds · 2 baths · 912 ft²

For Sale · Active Listing

$224,900

2.69%

Est. Payment $1,197/mo

MLS Sheet Video

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

100/100
Buyers marketSellers market

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).

4/22/2026Price change$224,900+2.7%
4/22/2026Listed 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

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

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,534/mo

Principal & Interest

$1,197

Property Tax

$187

Insurance

$150

HOA

$0

20% ($44,980)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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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

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