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Single Family Residence
$1,195,000$414 / sqft
15901 NW 83rd Pl, Miami Lakes FL 33016
Listed
4
Bedrooms
3
Bathrooms
2,889 sqft
Interior
2000
Year built
None
HOA
Single Family Residence
Type
About this home
Beautifully maintained 4-bedroom, 2.5-bath residence nestled within the tranquil, gated community of Royal Oaks. Surrounded by lush tropical landscaping, the private backyard features a sparkling saltwater pool, creating an inviting setting for relaxing and entertaining. Inside, you'll find wood flooring throughout the main living areas and a remodeled kitchen featuring granite countertops, wood cabinetry, and 2024 stainless steel Monogram side-by-side refrigerator and gas range. Additional highlights include a spacious two-car garage, 2023 roof, and recently painted exterior. Uniquely situated on a block within Royal Oaks that is not subject to the Royal Oaks association or its fees, this home offers the benefits of a peaceful gated-community setting without association fees. Conveniently located near shopping, dining, parks, and major highways, it combines comfort, privacy, and easy South Florida living.
Features
- First Floor Entry
- Family Room
- Garden
- Other
- Pool
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.