3050 NE 16th Avenue Unit 204, Oakland Park, FL 33334

$255,000
2
BD
2
BA
1,133
SqFt

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Sold Price
$255,000
List Price
$259,900
Days on Market
124
Closing Date
Jul 26, 2024
MLS#
F10425725
Bedrooms
2
Full Bathrooms
2
Sq. Ft
1,133
Subtype
Condominium
County
Broward
Subdivision
River Terrace Condo
Year Built
1972

Property Description

CASH BUYER'S ONLY - Unique opportunity for flippers, investors or someone looking for a second home in Fort Lauderdale. Currently the building is undergoing the 50 yrs certification. Seller paid All special assessments in full, including an additional amount for contingencies. The unit is currently rented until 04/30/25 for $1,800.00 a month, which will easily cover the first year of the two-year waiting period for rent. The last remodeled unit sold was $400,000 giving ample ARV value for remodeling. Once the building's upgrades are done prices will increase substantially. BOATERS - if you own a small boat, you can use the community dock. Please check the fixed bridges for clearance, as only small boats may go through. You can also do paddling or kayaking from the community's dock.

Additional Information

Hoa
Yes
Hoa Amount
2290
Construction
Block
Cooling
Central Air, Electric
Flooring
Carpet, Other, Tile
Furnished
Negotiable
Heating
Central, Electric
Restrict
NoRv, NoTruck, OtherRestrictions
Security
Gated Community, Smoke Detector(s), Security Fence
Taxes
$4,976
View
River
Amenities
Clubhouse, Elevator(s), Gated, Other
Waterfront
Other, River Front
Stories
7
Price Per Sqft
$225
Elementary School
Wilton Manors
Middle School
Sunrise
High School
Fort Lauderdale

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Calculator source: Real Geeks

Listing courtesy of LoKation. Contact:

Selling Office: Global Real Estate Brokerage L.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Juan Cabrera PA | Email: JuanCabreraFL@gmail.com