NOT LISTED FOR SALE

3050 NE 16th Ave Unit 607 Oakland Park, FL 33334

South Corals Neighborhood

Estimated Value: $273,000 - $359,000

2 Beds
2 Baths
912 Sq Ft
$438/mo HOA Fee

Last Sold March 19, 2021

Last sale price $250,000 $274 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,560/month

30 Days on Market

Highlights

  • Boat Dock
  • River View
  • Recreation Room
  • Fort Lauderdale High School Rated A
  • Clubhouse
  • 5-minute walk to Cherry Creek Park

About This Home

As of March 2021

At River Terrace live on the Middle River, pool, tennis, clubhouse and boating. This beautifully renovated and modern condo on the 6th floor has an obstructed view of Downtown Fort Lauderdale and the Middle River. Gorgeous sunsets with a storm proof enclosed porch. Two bedrooms and two full baths with an open kitchen, living and dining room space. New hurricane proof windows. You will be a 15 minutes drive to the beach, or Los Olas Blvd and 3 minutes to Wilton Manors for the nightlife. Enjoy this gated community on 9 acres of river front property. Unbeatable value for a primary or vacation home. Units rarely are for sale make an offer today.

Last Agent to Sell the Property

Robert Esposito

SOFLO Luxury Real Estate License #3348546 Listed on: 01/27/2021

SOFLO Luxury Real Estate

Last Buyer's Agent

Robert Esposito

SOFLO Luxury Real Estate License #3348546 Listed on: 01/27/2021

SOFLO Luxury Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 1972

Lot Details

  • River Front
  • End Unit
  • Southwest Facing Home
  • Fenced

HOA Fees

  • $438 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • River
  • Pool

Home Design

  • Entry on the 6th floor
  • Brick Front

Interior Spaces

  • 912 Sq Ft Home
  • Combination Dining and Living Room
  • Recreation Room
  • Storage Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Doors

Outdoor Features

  • Dock Available
  • Enclosed Glass Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494226AC0420

Community Details

Overview

  • 49 Units
  • Mid-Rise Condominium
  • River Terrace Condos
  • River Terrace Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 7-Story Property

Amenities

  • Clubhouse
  • Community Center
  • Party Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boat Dock
  • Heated Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,708

Year Built

Built in 1972

Lot Details

0

HOA Fees

$438 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Take I-95 Take Oakland Park Blvd east to NE 16th Ave. Turn right (South) and you see the main entrance to River Terrace. Gated community you will got to gate 1 to enter. See additional instructions after scheduling an appointment with the Listing Agent.
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available, Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RIVER TERRACE CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater
  • Interior Amenities: First Floor Entry, Recreation Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 912
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Stories: 7
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Glassed Porch, Recreation Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Pool Area View, River
  • Construction Type: Brick
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Patio And Porch Features: Screened Porch, Glass Enclosed
  • Pool Private: No
  • View: Yes
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: River Terrace
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Limited # Of Vehicle, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Common Area
  • Security: Fire Alarm, Complex Fenced

Condo/Co-op/Association

  • Association Fee: 1315
  • Amenities: Boat Dock, Clubhouse-Clubroom, Laundry, Community Room, Storage, Heated Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Wilton Manors
  • High School: Fort Lauderdale
  • Middle Or Junior School: Sunrise

Lot Info

  • Parcel Number: 494226AC0420
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Doors, HVAC, Windows

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 49
  • Number Of Units Total: 49

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2708

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 19, 2021
Sold by
Coogler Gil M
Bought by
Caskey Priscilla W and Caskey Priscilla W
Seller's Agent
Robert Esposito
SOFLO Luxury Real Estate
Buyer's Agent
Robert Esposito
SOFLO Luxury Real Estate
List Price
$257,500
Sold Price
$250,000
Premium/Discount to List
-$7,500
-2.91%
Current Estimated Value
$309,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,567
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Feb 6, 2013
Sold by
Friedman Don B and Slonaker Chester M
Bought by
Coogler Gil M

Purchase Details

Closed on
Sep 16, 2005
Sold by
Kiser Thomas A and Ramsey Samuel J
Bought by
Friedman Don B and Slonaker Chester M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 13, 2004
Sold by
Teschner Janet E and Estes William M
Bought by
Kiser Thomas A and Ramsey Samuel J

Purchase Details

Closed on
Dec 4, 2002
Sold by
Navratil Mark and Navratil Jean
Bought by
Estes William M and Teschner Janet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.3%

Purchase Details

Closed on
Apr 3, 2000
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Sep 22, 1998
Sold by
Bellwood Mobile Home Parks Ltd
Bought by
Navratil Stanis
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Caskey Priscilla W $250,000 Florida Title Services
Coogler Gil M $152,500 Lawyers 1St Title
Friedman Don B $257,500 Title Partners South Fl Inc
Kiser Thomas A $183,000 Title Partners Of S Fl Inc
Estes William M $153,000 --
Available Not $10,000 --
Navratil Stanis $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friedman Don B $225,000
Previous Owner Estes William M $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $250,000 -2.9% $274 / Sq Ft
01/27/2021 01/27/21 For Sale $257,500 -- $282 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,860 $273,360 -- --
2024 $5,110 $273,360 $22,590 $203,330
2023 $5,110 $225,920 $22,590 $203,330
2022 $4,768 $212,980 $21,300 $191,680
2021 $4,858 $219,800 $21,980 $197,820
2020 $2,708 $160,260 $0 $0
2019 $2,620 $156,660 $0 $0
2018 $2,515 $153,740 $0 $0
2017 $2,497 $150,580 $0 $0
2016 $2,496 $147,490 $0 $0
2015 $2,537 $146,470 $0 $0
2014 $3,332 $139,690 $0 $0
2013 -- $127,890 $12,790 $115,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Esposito

    SOFLO Luxury Real Estate

    (954) 951-5197

    1 in this area

    12 Total Sales

    Robert Esposito
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10989213

MIAMI REALTORS® MLS

APN: 49-42-26-AC-0420

Florida Broward County Oakland Park 33334 South Corals

3050 NE 16th Ave Unit 607, Oakland Park, FL

This home is located at 3050 NE 16th Ave Unit 607, Oakland Park, FL 33334 since 27 January 2021 and is currently estimated at $309,567, approximately $339 per square foot. This property was built in 1972. 3050 NE 16th Ave Unit 607 is a home located in Broward County with nearby schools including Wilton Manors Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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