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Active
Condominium
$605,000$254 / sqft

14951 Royal Oaks Ln # 1609, North Miami FL 33181

3
Bedrooms
4
Bathrooms
2,385 sqft
Interior
2007
Year built
$1,946 / mo
HOA
Condominium
Type

About this home

Wake up to the horizon. This sun-drenched, 2,385 sf residence combines house-sized living with elite condo convenience. Enjoy breathtaking Intercoastal and Ocean views from your expansive private balcony. Live large in this rare 3 bedroom + den, 3.5-bathroom corner oasis. The Den can be used as a home office or multi-media family room. Featuring Italian-style chef’s kitchen, premium stainless-steel appliances, and bright, airy layout with marble and warm laminated wood floorings. The condominium offers resort-style amenities like a full equipped gym, heated pool, tennis court and playground. Tenant occupied until end of June 2026.

Features

  • Elevator
  • Fire Sprinklers
  • Walk-In Closet(s)
  • East Of Us1
  • Open Balcony
  • Tennis Court(s)
  • Intracoastal View
  • Ocean View
  • Skyline

Estimated loan & HOA

$5,005

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$3,059
HOA
$1,946 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
CMPM, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.