3040 NE 16th Ave

Oakland Park, FL 33334

$140,000

$233/ft²

1Beds

1Baths

600Sq ft

1963Year built

CondoType

About this home

LOWEST PRICED UNIT AT RIVER SHORES. A/C IS IN GOOD SHAPE, ELECTRIC PANEL IS BRAND NEW, KITCHEN HAS BEEN REDONE WITH BEAUTIFUL GRANITE COUNTERS AND UPGRADED APPLIANCES. THE MAJORITY OF THE HIGH PRICED ITEMS HAVE ALREADY BEEN DONE, THE REST OF THE UNIT IS BASICALLY ORIGINAL, BUT LIVABLE. DEPENDING ON WHAT YOU WANT TO DO WITH THE APARTMENT YOU HAVE A LOT OF OPTIONS HERE. IF YOUR GOING TO BUY AS A RENTAL PROPERTY ITS RENTABLE RIGHT NOW THE WAY IT IS. NO WAITING PERIOD TO RENT AND IT'S ALL AGES BUILDING. THE CONDO HAS A STRONG RENTAL HISTORY AND GIVEN ITS LOCATION AND PROXIMITY TO WILTON MANORS THERE IS PLENTY OF APPEAL. IF YOUR GOING TO LIVE IN IT AND WANT TO RENOVATE, YOU WILL HAVE THE BUDGET TO DO UPGRADES AS THE PROPERTY HAS BEEN PRICED ACCORDINGLY. RIVER SHORES COMMUNITY OVERALL IS EXTREMELY WELL KEPT AND A GREAT COMPLEX TO LIVE IN. IT IS COMPLETELY FENCED, IT'S ON THE CANAL AND EVEN HAS ITS OWN PRIVATE BOAT DOCKS ON A FIRST COME FIRST SERVE BASIS. OTHER ADDITIONAL AMENITIES INCLUDE A POOL WITH WATER VIEWS, TENNIS, BILLIARDS, AND MORE. THE HOA INCLUDES YOUR CABLE & WI-FI. THE HOA HAS STRONG FINANCIALS, ALL REPAIRS ARE UP TO DATE, AND YOU CAN FINANCE NO PROBLEM IF YOU WISH.

Features

Waterfront

Property details

Listing

MLS #: A12023720
Status: For sale
Listed on: May 22, 2026
Days on market: 80 days
Listing data updated: Aug 10, 2026

Interior

Beds: 1
Baths: 1
Living area: 600 ft²
Price per ft²: $233/ft²
Unit: 310

Building & community

Type: Condo
Year built: 1963
HOA fee: $733/mo
County: Broward

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $708
Property taxes (est.): $128
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $733

Estimated total$1,802*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?