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Condominium
$425,000$236 / sqft
15051 Royal Oaks Ln # 1203, North Miami FL 33181
Listed
3
Bedrooms
3
Bathrooms
1,801 sqft
Interior
2007
Year built
None
HOA
Condominium
Type
About this home
Stunning 2 Bedroom + Den (Convertible 3rd Bedroom) Residence with Breathtaking Views at 151 Biscayne Welcome to this spacious and light-filled residence offering 1,801 sq. ft. of interior living space plus a private balcony with spectacular panoramic views of Oleta River State Park, Sunny Isles skyline, and the ocean in the distance. This beautifully maintained home features a versatile 2-bedroom + den layout, with the den easily convertible into a third bedroom or home office. The oversized primary suite offers generous closet space and a luxurious en-suite bathroom complete with a Jacuzzi tub and separate shower. The open-concept kitchen is equipped with stainless steel appliances, granite countertops, abundant cabinetry, and overlooks the living and dining areas, making it perfect for entertaining. Floor-to-ceiling windows fill the home with natural light while showcasing the incredible views from nearly every room. Building Amenities: Resort-style swimming pool Tennis court Fully equipped fitness center Children's playground 24-hour valet service One assigned covered parking space Second parking available for only $65/month Perfectly located just minutes from Aventura Mall, FIU, Oleta River State Park, beautiful beaches, restaurants, shopping, and directly across from Costco, this residence offers the perfect combination of space, comfort, convenience, and lifestyle. A rare opportunity to own one of the largest floor plans in the building with unmatched views
Features
- Closet Cabinetry
- East Of Us1
- Exterior Cat Walk
- Open Balcony
- Intracoastal 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 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.