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$288,500   Price Analysis
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3050 NE 16th Ave Apt 204
Oakland Park, FL 33334
2 bed 2 bath 1,133 SqFt ($254/SqFt)
Built 1972
Listed 2024-02-25, HOA $763, Taxes $4,642
Ⓧ USDA Ineligible
due to location

near Brentwood Estates

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 p eriod for rent.

The last remodeled unt 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 small boats may go through. You can also do paddling or kayaking from the community's dock.


Presented by Juan Cabrera P.A. at
LoKation Real Estate.
Listing Agent Photo

Property MLS #F10425725 from BeachesMLSMatrix

Bedrooms: 2
Bedrooms On Main Level: 2

First Floor Entry
Elevator

Cooling Features: Central Cooling, Electric Cooling
Heating Features: Central Heat, Electric Heat

Full Bathrooms: 2
Bathrooms On Main Level: 2

Fence
Screened Balcony

Water Features: Private Dock
Waterfront Description: River Front

Parking Features: 1 Space

Boat Dock
Clubhouse-Clubroom
Common Laundry

Association: Yes
Association Fee: 2290
Association Fee Frequency: Quarterly
Calculated Total Monthly Association Fees: 763

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

Wilton Manors Elementary School is a public elementary school located approximately 1.2 miles away.
directions icon Map directions

Fort Lauderdale High School is a public high school located approximately 1.5 miles away.
directions icon Map directions

Sunrise Middle School is a public middle school located approximately 1.5 miles away.
directions icon Map directions

St. Mark's Episcopal School is a private elementary and middle school located approximately 0.1 miles away.
directions icon Map directions

Unit Floor In Building: 2

Unit Type: Exterior Cat Walk, High Rise

Annual Tax Amount: 4976
Source Listing Status: Active
County: Broward County
Directions: Please use your GPS. Entrance is the left gate of the complex, gate #1, north side. Gate could be open, otherwise wait until a car leaves or enters the community. Drive to the end and turn right. Go to next building, parking spot is #28, near entrance.
Tax Year: 2023
Source Property Type: Condo/Co-Op/Villa/Townhouse
Area: 3370
Property Subtype: condo
Source Neighborhood: RIVER TERRACE CONDO
Parcel Number: 494226AC0110
Postal Code Plus 4: Post
Subdivision: RIVER TERRACE CONDO
Property Subtype: Condo
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$186,210 + $20,690
$206,900
$4,642
2021$192,160 + $21,350
$213,510
$4,728
2020$unknown + $unknown
$163,350
$2,771
2019$unknown + $unknown
$159,680
$2,681
2018$141,040 + $15,670
$156,710
$2,574
2017$141,680 + $15,740
$157,420
$3,492
2016$unknown + $unknown
$143,280
$2,407
2015$128,060 + $14,230
$142,290
$1,994
2014$unknown + $unknown
$84,070
$1,190
2013$unknown + $unknown
$82,830
$1,175
2012$unknown + $unknown
$81,450
$1,139
2011$unknown + $unknown
$79,080
$1,047
2010$unknown + $unknown
$77,920
$951
2008$unknown + $unknown
$75,880
$865
2007$unknown + $unknown
$73,610
$1,137

Price Changed 2024-06-02
$288,500
BeachesMLSMatrix
Listing removed 2024-04-24
$1,800
BeachesMLSMatrix
Listed 2024-02-25
$289,000
BeachesMLSMatrix
Listing removed 2024-02-25
$0
BeachesMLSMatrix
Listed for rent 2024-02-24
$1,800
BeachesMLSMatrix
Listing removed 2024-01-24
$0
BeachesMLSMatrix
Listed for rent 2024-01-18
$2,200
BeachesMLSMatrix
Price Changed 2024-01-14
$289,000
BeachesMLSMatrix
Listed 2023-12-15
$299,000
BeachesMLSMatrix
Listing removed 2023-12-14
$0
BeachesMLSMatrix
Listing removed 2023-11-23
$0
BeachesMLSMatrix
Price Changed for rent 2023-11-17
$2,800
BeachesMLSMatrix
Listed for rent 2023-11-09
$3,000
BeachesMLSMatrix
Listed 2023-10-03
$350,000
BeachesMLSMatrix
Listing removed 2023-09-17
$0
BeachesMLSMatrix
Relisted 2023-08-25
$348,000
BeachesMLSMatrix
Listing removed 2023-08-18
$0
BeachesMLSMatrix
Listed 2023-08-17
$348,000
BeachesMLSMatrix
Listing removed 2023-04-28
$0
BeachesMLSMatrix
Listed for rent 2022-12-11
$2,200
BeachesMLSMatrix
Listing removed 2022-05-30
$2,200
BeachesMLSMatrix
Listed for rent 2022-05-12
$2,200
BeachesMLSMatrix
Listing removed 2022-01-17
$1,900
BeachesMLSMatrix
Listed for rent 2021-09-24
$1,900
BeachesMLSMatrix
Listing removed 2020-12-04
$1,500
BeachesMLSMatrix
Listing removed 2020-03-11
$1,800
BeachesMLSMatrix
Listed for rent 2019-11-13
$1,800
BeachesMLSMatrix
Sold 2016-04-21
$159,500
BeachesMLSMatrix
Listed 2016-02-16
$169,500
BeachesMLSMatrix
Sold 1997-04-04
$65,500
Public Record

Total Square Feet Living: 1133
Year Built: 1972
Construction Materials: Concrete Block Construction
Property Age: 52
Structure Type: Condo 5+ Stories
Year Built Details: Resale

Other Equipment: Dishwasher, Disposal, Elevator, Microwave, Refrigerator, Smoke Detector
Security Features: Complex Fenced, Elevator Secure
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.