Date
Details
Price
Change
Source
4/22/2026
Listed
$224,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$224,900
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Property 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 a true opportunity! Easy to show. Furniture is Virtually staged.
Full Property Details
Full Property Details for 3050 NE 16th Ave #407
General
- Price: $224,900
- HOA FEE: $827/month
- Taxes: $5,627 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12005837
- Updated: 5/19/2026
- Added to Site: 46 day(s) ago
Interior
- Interior Features: Elevator, Fire Sprinklers
- Appliances: Dishwasher, Disposal, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level, Primary Bath Shower
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Billiard Room, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Pool, Shuffleboard, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
- Maint. Includes: Building Exterior, Common Area, Elevator, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Legal/Accounting, Manager, Parking, Pool Service, Recreation Facilities, Reserve Fund, Security, Trash Removal
- Security/Safety: Fire Sprinklers, Complex Fenced, Elevator Secure
Exterior
- Exterior Features: Screened Balcony
Parking
- Parking Features: 1 Space, Additional Spaces Available, Guest
Location
- Area: River Terrace Condo
- County: Broward County
- Subdivision: RIVER TERRACE CONDO
- Building Name: River Terrace
School Information
- Elementary School: Wilton Manors
- Middle School: Sunrise
- High School: Fort Lauderdale
Community
- Community Name: River Terrace Condo
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Garden Apartment
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 4
- Building Size: 912
- Square Feet: 912
- Living Area: 912 Sq. Ft.
- Year Built: 1972
Lot Features
- Property View: Canal, Pool Area View
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front, Ocean Access
Financial Considerations
- Price Per Sq. Ft.: $246.6
- Association Fee: $827
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,627
- Tax Year: 2025
- Terms: All Cash, Conventional, Seller Will Pay Closing Costs, VA Loan
Disclosures and Reports
- Legal Description: RIVER TERRACE CONDO UNIT 407 PER CDO BK/PG: 5178/769
- Restrictions: No Lease First 2 years
- Inclusions: Community Boat Dock, Dock Available, Common Dock
- Property ID: 494226AC0280
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— 3050 NE 16th Ave #407 —
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Schools
Schools serving 3050 NE 16th Ave #407
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Wilton Manors Elementary School 2401 Northeast 3rd Avenue, Wilton Manors, FL 33305 | PK-5 | 1.2 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 1.5 mi |
Fort Lauderdale High School 1600 Northeast 4th Avenue, Fort Lauderdale, FL 33305 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3050 NE 16th Ave #407
Tax History
Tax History for 3050 NE 16th Ave #407
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,627
-10%
$265,200
5%
2024
$6,278
—
$251,510
-11%
2024
$6,278
26%
$282,260
29%
2023
$4,976
5%
$219,470
3%
2021
$4,728
2%
$213,510
3%
2022
$4,643
-2%
$206,900
3%
2021
$4,728
325%
$200,190
78%
2019
$1,113
6%
$112,480
2%
2018
$1,046
-35%
$110,390
2%
2017
$1,611
—
$108,120
2%
2016
$1,605
-1%
$105,900
1%
2015
$1,627
—
$105,170
1%
2014
$1,624
1%
$104,340
1%
2013
$1,610
—
$102,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3050 NE 16th Ave #407
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3050 NE 16th Ave #407, Oakland Park, FL 33334 (MLS# A12005837) is a Condo property with 2 bedrooms and 2 full bathrooms. 3050 NE 16th Ave #407 is currently listed for $224,900 and was received on April 22, 2026. Want to learn more about 3050 NE 16th Ave #407? Do you have questions about finding other Condo real estate for sale in Oakland Park? You can browse all Oakland Park real estate or contact a Coldwell Banker agent to request more information.