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3040 16th Ave #216
Oakland Park, FL 33334
Listing courtesy of The Keyes Company (Alexi Altuve). Contact: [email protected].
Great investment opportunity in the gated waterfront community of River Shores in Oakland Park! This spacious 1 Bed 1 Bath Apt on the 2nd-floor in the Avon building is leased until June 14, 2026, generating $1,860/month with a reliable long-term tenant. The unit features accordion shutters and is in good condition. The unit also offers extra storage. River Shores offers a pool with canal views, a tennis court, a billiards room, a clubhouse, on-site laundry, and even dock access (first-come, first-served)—ideal for boat lovers. Perfectly located near shopping, dining, beaches, Wilton Manors, I-95, and just minutes to Fort Lauderdale Airport. Well-managed, quiet community with lush landscaping and waterfront charm.
- Principal and interest
- $986
- Property tax
- $254
- Homeowners insurance
- $125
- HOA
- $651
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.