Atlantic Luxury Advisors
3040 16th Ave #104 photo 13040 16th Ave #104 photo 23040 16th Ave #104 photo 33040 16th Ave #104 photo 43040 16th Ave #104 photo 5

34 photos

3040 16th Ave #104

Oakland Park, FL 33334

$199,000
1
1
600 sq ft
1963
1 car
Condominium
$627/mo
21
Active

Listing courtesy of The Keyes Company (Alexi Altuve). Contact: [email protected].

About this home

INVESTOR OPPORTUNITY! Beautifully remodeled 1-bedroom, 1-bathroom first-floor unit located in the gated River Shores community. This move-in-ready residence features a modern kitchen with Italian cabinetry, newer appliances, a unique Black Retro refrigerator, and a bright, open layout. The unit is currently leased for $1,790/month until April 30, 2027, providing immediate rental income and an excellent opportunity for investors looking for a property with a tenant already in place. River Shores offers desirable resort-style amenities, including a riverfront pool, tennis courts, fitness center, and boat docks available on a first-come, first-served basis, subject to HOA availability. Conveniently located near shopping, dining, major highways, downtown Fort Lauderdale, and the beach. A great opportunity to own a renovated, income-producing property in a desirable Fort Lauderdale location.

What it costs to own
Estimated monthly payment
$2,018/mo
Principal and interest
$1,006
Property tax
$260
Homeowners insurance
$125
HOA
$627

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.

Florida cost of ownership
Estimated property tax
$3,122/yr

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.

HOA
$627/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Not in a designated evacuation zone

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.

Location

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.