15051 Royal Oaks Ln 1605, North Miami, FL 33181 — MLS photo

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15051 Royal Oaks Ln 1605, North Miami, FL 33181

Active · Condominium

$435,500

15051 Royal Oaks Ln 1605, North Miami, FL 33181

Beds
2
Baths
3
Living area
1,603 sq ft
$ / sq ft
$272/sq ft
Year built
2007
Lot size
—
HOA fee
$1,215
Annual tax
—

About this property

Ocean Breezes, 5-Star Luxury & Pet Paradise at Royal Oaks Lane. Experience the gold standard of North Miami living in this stunning 1,603 sqft residence, where panoramic water views redefine the meaning of "home." From the elegant marble-clad living areas to the sunrise-facing primary suite, every inch of this 2007 masterpiece exudes quality and care. A True Sanctuary for You and Your Pets: This building is a rare pet paradise. Residents enjoy a private, on-site dog park and a specialized pet shower station, making it effortless to keep your furry companions pampered and happy after a walk by the bay. World-Class Lifestyle: Live like you're on a permanent vacation with elite amenities: a professional-grade gym, tennis courts, billiards, and a lush, resort-style pool deck. Strategically located at the gateway of the new UHealth Medical District, you are just steps away from the prestigious Sylvester Comprehensive Cancer Center, Aventura Mall, FIU, and pristine beaches. All-Inclusive Comfort: The HOA is truly all-inclusive, covering high-speed Internet, Cable TV, and Water, ensuring a seamless living experience. UNMATCHED CREATIVE OPPORTUNITY: The seller offers unique flexibility for international buyers and investors. We are open to: cryptocurrency payments / Luxury car trades as part of the deal / Property exchange for real estate in Argentina. Don’t just buy a condo; invest in a high-growth lifestyle next to North Miami’s premier Medical Hub.

Property location

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15051 Royal Oaks Ln 1605, North Miami, FL 33181

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,603 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,215
County
Miami-Dade
MLS listing ID
A12011019
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

-$548

Cap rate
4.2%
Net yield
4.2%
Cash-on-cash return
-5.4%
Gross yield
11.3%
Mortgage payment
$2,064/mo
Down payment
$108,875
Loan amount
$326,625
Annual NOI
$18,192

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