3050 NE 16TH Avenue #505
RIVER TERRACE CONDO · Oakland Park · FL · 33334
Overview
About this home
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.
Property details
Interior
- Bedrooms
- 2
- Full bathrooms
- 2
- Living area
- 912 sq ft
- Flooring
- Carpet, Tile
- Cooling
- Central Air
- Heating
- Central
- Laundry
- Common Area
- Features
- Bedroom Layout - Split
Exterior & lot
- Construction
- CBS, Other
- Roof
- Other
- Stories
- 11
- View
- Canal, Pool, Water
- Parking
- Asphalt, Assigned
- Features
- Balcony
Community
- Subdivision
- RIVER TERRACE CONDO
- HOA
- RIVER TERRACE INC., A CONDOMINIUM
- HOA fee
- $650 quarterly
- Amenities
- Gated, Pool, Car Wash Area, Community Room, Fitness Center, Laundry, Library, Storage
- County
- Broward
Listing & financial
- Property type
- Condominium
- Year built
- 1972
- Annual taxes
- $5,551 (2025)
- Parcel ID
- 494226ac0330
- Buyer financing accepted
- 1031 Exchange, Cash, Conventional
- Sale type
- Standard
- MLS #
- B26094738
Sale & tax history
This listing
| Oct 30, 2026 | Listed for sale | $245,000 |
Taxes
2025 property taxes: $5,551. In Florida, taxes are re-assessed after a sale, so a new owner's bill can be different (your homestead exemption can lower it).
Full sale and tax history is public at the county property appraiser (parcel ID 494226ac0330). Open the Broward County Property Appraiser ↗
Location
Approximate location. Street View opens in Google Maps where Google has street photos.
Neighborhood
- Subdivision
- RIVER TERRACE CONDO
- City
- Oakland Park
- County
- Broward County
- Elementary school
- Wilton Manors
- Middle school
- Sunrise
- High school
- Fort Lauderdale
Schools as reported by the listing agent. Always confirm school assignments with the district: Broward County schools ↗.
Climate, weather & flood risk
Average temperatures by month
Winters are mild, with highs around 77°F from December to February. The coolest nights come in January (about 61°F); the warmest days in July (about 90°F).
| Month | Low | Range | High | Rain |
|---|---|---|---|---|
| Jan | 61° | 76° | 2.9″ | |
| Feb | 63° | 77° | 2.4″ | |
| Mar | 66° | 80° | 2.4″ | |
| Apr | 70° | 83° | 3.0″ | |
| May | 74° | 86° | 5.6″ | |
| Jun | 77° | 88° | 9.6″ | |
| Jul | 78° | 90° | 5.4″ | |
| Aug | 78° | 90° | 7.9″ | |
| Sep | 77° | 88° | 8.0″ | |
| Oct | 74° | 85° | 7.4″ | |
| Nov | 68° | 81° | 3.7″ | |
| Dec | 65° | 78° | 2.8″ |
Average daily low and high (°F) and monthly rainfall (inches). Source: NOAA U.S. Climate Normals 1991–2020, Fort Lauderdale-Hollywood Airport station (7 mi away). Most rain falls in short summer afternoon showers.
Monthly payment
Estimated monthly payment
$2,082/mo
- Principal & interest$1,239
- Property taxes$463
- Home insurance$163
- HOA$217
Estimate only, not a loan offer. The rate is an example: ask a lender for today's rates. In Florida, property taxes are re-assessed after a sale, so the seller's last bill is only a starting point; your homestead exemption can lower it. Insurance is a rough estimate; get a real quote, including flood and wind coverage. Talk to a lender we trust →
