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Condominium
$409,000$227 / sqft
15051 Royal Oaks Ln # 1403, North Miami FL 33181
Listed
3
Bedrooms
3
Bathrooms
1,801 sqft
Interior
2007
Year built
$1,485 / mo
HOA
Condominium
Type
About this home
Stunning 3-bedroom, 3-bathroom remodeled residence at One Fifty One at Biscayne. This spacious 1,801 SF unit offers breathtaking panoramic views, a modern open-concept layout, and high-end finishes throughout. Enjoy a bright and inviting living space, generous bedrooms, and one assigned parking space in the covered garage. The building offers a pool, fitness center, gated entry, 24-hour security, and valet services. Ideally located in a prime North Miami location with easy access to Aventura Mall, Sunny Isles Beach, Oleta River State Park, FIU, Costco, Publix, and top-rated schools.
Features
- First Floor Entry
- Closet Cabinetry
- None
- Open Balcony
- Garden View
- Ocean View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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.