14951 ROYAL OAKS LN 1909, North Miami, FL 33181 — MLS photo

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14951 ROYAL OAKS LN 1909, North Miami, FL 33181

Active · Condominium

$605,000

14951 ROYAL OAKS LN 1909, North Miami, FL 33181

Beds
3
Baths
4
Living area
2,385 sq ft
$ / sq ft
$254/sq ft
Year built
2007
Lot size
—
HOA fee
$2,020 Monthly
Annual tax
$9,466

About this property

Believe or not, You have an Ocean view from this unit. Spectacular Sunrise. Large floor plan corner unit. 2,385 SF living space. 3 bedrooms plus an Enclosed DEN, that could be used as a 4th bedroom or home office. Large closets, 3 bathrooms plus half bath. Breathtaking unobstructed panoramic views of the Ocean, Oleta River Park, Crystal Lagoon & Miami skyline. Great amenities, clubroom, heated pool, gym, tennis court, playground, dog park, valet parking. Water, basic cable, internet, amenities, motorcycle & bike room, 4 EV charging stations included with HOA fees. One assigned covered parking space, additional spots can be rented for $65/month. No more land-lease, land has been purchased. Special Assessment in place. SA1 $195.58, SA2 $212.61 HOA $2,020,64 Total Monthly payment $2,428.83. Just $1.02 per sqft (Including Special Assessments), below Miami's average condo fees. Tenant until September 11, 2026.

Property location

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14951 ROYAL OAKS LN 1909, North Miami, FL 33181

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,385 sq ft
Flooring
Hardwood, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Area, Eat In Kitchen, Elevator, Living Dining Room, Other, Pantry, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
25
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
View
Bay, Other, Water

Parking

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

HOA, Community & Financials

Association fee
$2,020 Monthly
Fee inclusions
Amenities
Amenities
Elevators, Fitness Center, Playground
Security
Elevator Secured, Secured Garage Parking, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$9,466
Subdivision
THE OAKS I CONDO
County
Miami-Dade
Days on market
154
MLS listing ID
A12022576
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

-$668

Cap rate
4.4%
Net yield
4.4%
Cash-on-cash return
-4.7%
Gross yield
11.8%
Mortgage payment
$2,868/mo
Down payment
$151,250
Loan amount
$453,750
Annual NOI
$26,395

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