15051 Royal Oaks Ln 1203, North Miami, FL 33181 — MLS photo

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15051 Royal Oaks Ln 1203, North Miami, FL 33181

Active · Condominium

$425,000

15051 Royal Oaks Ln 1203, North Miami, FL 33181

Beds
3
Baths
3
Living area
1,801 sq ft
$ / sq ft
$236/sq ft
Year built
2007
Lot size
—
HOA fee
—
Annual tax
$4,976

About this property

Stunning 2 Bedroom + Den (Convertible 3rd Bedroom) Residence with Breathtaking Views at 151 Biscayne Welcome to this spacious and light-filled residence offering 1,801 sq. ft. of interior living space plus a private balcony with spectacular panoramic views of Oleta River State Park, Sunny Isles skyline, and the ocean in the distance. This beautifully maintained home features a versatile 2-bedroom + den layout, with the den easily convertible into a third bedroom or home office. The oversized primary suite offers generous closet space and a luxurious en-suite bathroom complete with a Jacuzzi tub and separate shower. The open-concept kitchen is equipped with stainless steel appliances, granite countertops, abundant cabinetry, and overlooks the living and dining areas, making it perfect for entertaining. Floor-to-ceiling windows fill the home with natural light while showcasing the incredible views from nearly every room. Building Amenities: Resort-style swimming pool Tennis court Fully equipped fitness center Children's playground 24-hour valet service One assigned covered parking space Second parking available for only $65/month Perfectly located just minutes from Aventura Mall, FIU, Oleta River State Park, beautiful beaches, restaurants, shopping, and directly across from Costco, this residence offers the perfect combination of space, comfort, convenience, and lifestyle. A rare opportunity to own one of the largest floor plans in the building with unmatched views

Property location

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15051 Royal Oaks Ln 1203, North Miami, FL 33181

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,801 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Closet Cabinetry, Other

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
12
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Association
View
Intercoastal, Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Covered, Detached, Garage, One Space

HOA, Community & Financials

Association fee
$0 Monthly
Fee inclusions
Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Security, Trash, Water
Amenities
Basketball Court, Billiard Room, Clubhouse, Fitness Center, Other, Pool, Tennis Courts, Elevators
Security
Complex Fenced, Other, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$4,976
Subdivision
THE OAKS I CONDO
County
Miami-Dade
Days on market
1492
MLS listing ID
A11265847
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$1,293

Cap rate
9.3%
Net yield
9.3%
Cash-on-cash return
13.0%
Gross yield
12.5%
Mortgage payment
$2,015/mo
Down payment
$106,250
Loan amount
$318,750
Annual NOI
$39,688

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.