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Condominium
$499,000$265 / sqft
14951 Royal Oaks Ln # 2002, North Miami FL 33181
Listed
3
Bedrooms
3
Bathrooms
1,886 sqft
Interior
2007
Year built
$1,583 / mo
HOA
Condominium
Type
About this home
3BR/3BA residence at One Fifty One at Biscayne. Located on the 20th floor with east-facing views of Biscayne Bay, the Intracoastal, and the Miami Beach skyline. Split-bedroom floor plan with 1,886 SF. Open kitchen with wood cabinetry, granite countertops, and stainless-steel appliances. Primary suite with jacuzzi tub and separate shower. Large balcony. One assigned parking space. Resort-style gated community located between Aventura and Miami Beach with pool, fitness center, tennis courts, dog park, playground, valet parking, and security. Conveniently located near Aventura Mall, Sunny Isles Beach, FIU Biscayne Campus, hospitals, restaurants, shopping centers, grocery stores, and Miami and Fort Lauderdale airports. HOA is $1,583/month. There are Two special assessments currently in place: $160.40/month and 212.68/month both schedule to continue through August 2035. Buyer to verify all association information.
Features
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Tennis Court(s)
- Garden View
- Water View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
- Okay To Lease 1st Year
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.