15051 Royal Oaks Lane 202, North Miami, FL 33181 — MLS photo

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15051 Royal Oaks Lane 202, North Miami, FL 33181

Active · Condominium

$395,900

15051 Royal Oaks Lane 202, North Miami, FL 33181

Beds
2
Baths
3
Living area
1,603 sq ft
$ / sq ft
$247/sq ft
Year built
2007
Lot size
—
HOA fee
$1,351 Monthly
Annual tax
$5,375

About this property

Spacious 2-bedroom, 2.5-bath unit with private, serene views. Features marble floors and a gourmet kitchen with granite countertops and top-of-the-line GE stainless steel appliances. The primary bathroom includes a Jacuzzi tub and walk-in closets. Enjoy brand-new amenities including an infinity pool, tennis court, children's play area, 24-hour security, and a fully equipped gym. Conveniently located within walking distance to restaurants and Publix, just steps from middle and elementary schools and FIU campus, and only 1.5 miles from Sunny Isles Beach. Includes cable and internet.

Property location

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15051 Royal Oaks Lane 202, North Miami, FL 33181

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,603 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bathtub, Dual Sinks, Shower Only, Separate Shower, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
25
Lot size
0 sq ft
Architectural style
Other
Roof
Flat, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Tennis Courts
Pool
None
View
Other, Water

Parking

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

HOA, Community & Financials

Association fee
$1,351 Monthly
Fee inclusions
Cable Tv
Amenities
Billiard Room, Clubhouse, Controlled Access, Elevators, Fitness Center
Security
Security Gate, Smoke Detectors
Pets allowed
No
Annual tax
$5,375
Subdivision
THE OAKS I CONDO
County
Miami-Dade
Days on market
170
MLS listing ID
B26024606
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

-$330

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.6%
Gross yield
12.0%
Mortgage payment
$1,877/mo
Down payment
$98,975
Loan amount
$296,925
Annual NOI
$18,561

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