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Condominium
$435,500$272 / sqft
15051 Royal Oaks Ln # 1605, North Miami FL 33181
Listed
2
Bedrooms
3
Bathrooms
1,603 sqft
Interior
2007
Year built
$1,215 / mo
HOA
Condominium
Type
About this home
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.
Features
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Tennis Court(s)
- Ocean View
- Other View
Leasing
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$4,900.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.