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Condominium
$539,000
14951 ROYAL OAKS LN # 1601, North Miami FL 33181
Listed
3
Bedrooms
4
Bathrooms
— sqft
Interior
2007
Year built
$1,690 / mo
HOA
Condominium
Type
About this home
pectacular and spacious 3-bedroom, 3.5-bath residence on the 16th floor of One Fifty One at Biscayne. This elegant 2,048-square-foot condo features an open and functional floor plan, Italian ceramic flooring, generous living and dining areas, spacious bedrooms with private bathrooms, ample closet space, and a large balcony with expansive views. The residence also includes a modern kitchen with granite countertops and stainless-steel appliances, as well as an in-unit laundry room. Enjoy resort-style amenities, including a swimming pool, fitness center, clubhouse, tennis courts, children’s play area, covered parking, and 24-hour gated security. Conveniently located near Aventura Mall, FIU Biscayne Bay Campus, shopping, restaurants, parks, and the beaches. Special assessment in place; contact the listing agent for details
Features
- Lobby
- Elevator
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Tennis Court(s)
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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 $3,300–$12,000.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.