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Condominium
$489,500$278 / sqft
15051 Royal Oaks Ln # 701, North Miami FL 33181
Listed
2
Bedrooms
2
Bathrooms
1,763 sqft
Interior
2007
Year built
$1,321 / mo
HOA
Condominium
Type
About this home
PRIME CORNER RESIDENCE | 270° VIEWS | 1,763 SQ FT — Exceptional 2-bed, 2-bath corner residence offering ultimate acoustic privacy with only a single shared wall in the living room. Boasting nearly 1,800 sq ft and panoramic 270° views across Oleta River State Park, Biscayne Bay, and the skyline, this residence features marble and sound-insulated wood flooring, a brand-new A/C system with BioShield UV air purification, fresh paint, and updated lighting. The kitchen offers granite countertops, newer appliances (microwave, dishwasher, disposal), and an in-unit washer/dryer. The primary retreat features dual walk-in closets, an ensuite bath with soaking tub and separate shower, and custom Venetian blinds. Step out to a deep private balcony with upgraded glass railings. One Fifty One amenities include 24/7 security, heated pool, fitness center, tennis courts, clubroom, playroom, valet, Amazon lockers, and 1 assigned covered parking space. Unbeatable location: steps to Costco, Target, and FIU, just around the curve from SoLé Mia’s new UHealth Medical Center and upscale dining/cafés, and minutes to Aventura Mall, the Brightline station, and beaches.
Features
- Built-in Features
- Closet Cabinetry
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- Den/Library/Office
- Open Balcony
- Other View
- Skyline
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.