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Single Family Residence
$1,050,000$405 / sqft
16583 NW 83rd Pl, Miami Lakes FL 33016
Listed
4
Bedrooms
4
Bathrooms
2,591 sqft
Interior
1989
Year built
$16 / mo
HOA
Single Family Residence
Type
About this home
Welcome to your private retreat in Royal Oaks! Set on a desirable PRIVATE LOT at the end of CUL-DE-SAC. This home offers a comfortable living space and a relaxing outdoor setting. This home offers flexibility for family, guests and work from home needs. Travertine floors throughout the home. In addition to the 3 additional bedrooms and 2 baths the generously sized primary suite offers a versatile sitting area that can easily serve as a private office, reading space, or sitting room. Primary suite offers his and hers baths and a spacious closet with built-ins that provide excellent organization and functionality. Step outside and discover your own private oasis, complete with a sparkling pool and spa and a fully equipped outdoor kitchen with plenty of entertaining space. Whether hosting lively gatherings or enjoying a quiet evening poolside, the stunning backyard is designed for outdoor entertaining and relaxation. Ideally located in Royal Oaks, this home offers a private setting while being close to Miami Lakes' restaurants, shopping, parks, and everyday conveniences.
Features
- Entrance Foyer
- French Doors
- Split Bedroom
- Great Room
- Utility/Laundry In Garage
- Built-In Grill
- Lighting
- None
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.