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Condominium
$605,000$254 / sqft
14951 ROYAL OAKS LN # 1909, North Miami FL 33181
Listed
3
Bedrooms
4
Bathrooms
2,385 sqft
Interior
2007
Year built
$2,020 / mo
HOA
Condominium
Type
About this home
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.
Features
- Lobby
- Elevator
- Pantry
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Bay
- Other View
- Water View
Leasing
- Minimum lease
- 365 days
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,000–$11,500.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.