How do I schedule a tour of 3050 NE 16TH Avenue 505, Oakland Park, FL 33334?

Use the Tour button on this listing to request a showing of 3050 NE 16TH Avenue 505, Oakland Park, FL 33334. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 still available?

3050 NE 16TH Avenue 505, Oakland Park, FL 33334 is currently listed as Active, and has been on the market 13 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 3050 NE 16TH Avenue 505, Oakland Park, FL 33334?

With 20% down ($49,000) on the $245,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 is about $1,288/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 3050 NE 16TH Avenue 505, Oakland Park, FL 33334?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3050 NE 16TH Avenue 505, Oakland Park, FL 33334. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 have an HOA fee?

Yes: 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 carries an HOA fee of about $2,589 quarterly (RIVER TERRACE INC., A CONDOMINIUM). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 3050 NE 16TH Avenue 505, Oakland Park, FL 33334?

3050 NE 16TH Avenue 505, Oakland Park, FL 33334 is zoned for Wilton Manors (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 3050 NE 16TH Avenue 505, Oakland Park, FL 33334?

Often, yes. The right offer on 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 depends on how it's priced against comparable condo sales in Oakland Park, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

13 Days on Market

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$245,000

3050 NE 16TH Avenue 505

Oakland Park, FL 33334

RIVER TERRACE CONDO

Explore the area: Oakland Park homes for sale · Broward County real estate

Price Check

How this price compares

List price: $245,000
Price per sq ft: $269
Vs. nearby sales: 5.6% below
Days on market: 13

This 2-bedroom condo in River Terrace Condo is listed at $245,000, or $269 per square foot. It has been on the market for 13 days. The 3 most recent condo sales in the closings shown below sold at a median of $285 per square foot, so the asking price is 5.6% below what comparable homes here actually sold for.

Bedrooms

Bathrooms

912

Living Sq Ft

1972

Year Built

Estimated monthly payment

$1,288 /mo

Principal and interest only, based on $49,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $245,000
Days on Site: 13 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 912 sqft
Total Sq Ft: 912 sqft
Year Built: 1972
Property Type: Condo
MLS #: B26094738
Property Tax: $5,552 (2025)
HOA Fees: $2,589 / Quarterly
Subdivision: RIVER TERRACE CONDO
County: Broward
Status: Active
Special Conditions: Standard

About This Property

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.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 1972
Property Condition: Resale
Number of Stories: 7
Parking: Assigned / Asphalt
Direction Faces: Southeast
Lot Size (Acres): 0
Living Sq Ft: 912
Total Sq Ft: 912
Structure Type: Multi Family
Sewer: Public Sewer
Water Source: Public
Zoning: RM-25

Interior Features

Appliances: Electric Range / Oven
Cooling: Central Air
Heating: Central
Flooring: Carpet / Tile
Interior Features: Bedroom On Main Level / Living Dining Room / Split Bedrooms / Tub Shower
Laundry: Common Area
Windows: Blinds
Main Level Bedrooms: 2
Main Level Baths: 2
Total Rooms: 3
Furnished: Unfurnished

Exterior Features

Construction: CBS Concrete Block Structure / Block / Other
Roof: Other
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association
Patio & Porch: Screened / Balcony
Waterfront Features: Fixed Bridge
View: Canal / Pool / Water

Community & HOA

HOA Fee: $2,589 / Quarterly
HOA Name: RIVER TERRACE INC., A CONDOMINIUM
HOA Includes: Maintenance Grounds / Pools / Recreation Facilities / Sewer / Trash / Water
Association Amenities: Clubhouse / Car Wash Area / Fitness Center / Gated / Laundry / Library / Pool / Storage
Community Features: Gated
Security: Gated With Guard / Gated Community / Key Card Entry / Security Fence
Utilities: Cable Available / Sewer Connected / Water Connected
Pets Allowed: No
Financing Terms: Cash / Conventional / Exchange1031
Restrictions: No Lease2nd Year Owned / No Rv / No Truck / No Trailer Parking / Ok To Lease / Rental Restriction
MLS Area: 3370

Schools

Elementary School: Wilton Manors
Middle School: Sunrise
High School: Fort Lauderdale

About the Community

River Terrace

View Community Details →

River Terrace Condo is an age-restricted 55+ community in Oakland Park, Broward County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $224,900 to $259,900. At least one resident per home must be 55 or older. Pure Equity lists homes in River Terrace and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 1
Under Contract: 2
Median List Price: $245,000
Median $/Sq Ft: $269
Avg Days on Market: 13

View all 1 homes for sale in River Terrace →

Frequently Asked Questions

How do I schedule a tour of 3050 NE 16TH Avenue 505, Oakland Park, FL 33334?: Use the Tour button on this listing to request a showing of 3050 NE 16TH Avenue 505, Oakland Park, FL 33334. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 still available?: 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 is currently listed as Active, and has been on the market 13 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 3050 NE 16TH Avenue 505, Oakland Park, FL 33334?: With 20% down ($49,000) on the $245,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 is about $1,288/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 3050 NE 16TH Avenue 505, Oakland Park, FL 33334?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3050 NE 16TH Avenue 505, Oakland Park, FL 33334. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 have an HOA fee?: Yes: 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 carries an HOA fee of about $2,589 quarterly (RIVER TERRACE INC., A CONDOMINIUM). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 3050 NE 16TH Avenue 505, Oakland Park, FL 33334?: 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 is zoned for Wilton Manors (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 3050 NE 16TH Avenue 505, Oakland Park, FL 33334?: Often, yes. The right offer on 3050 NE 16TH Avenue 505, Oakland Park, FL 33334 depends on how it's priced against comparable condo sales in Oakland Park, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Keller Williams Realty Profess

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.

$245,000

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Listed by Richard J Toomey, Keller Williams Realty Profess

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Recently sold homes in River Terrace Condo

These are the last 3 recorded closings in River Terrace Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $285 per square foot. The most recent closed on July 24, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.