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15051 Royal Oaks Ln #402
North Miami, FL 33181
Listing courtesy of Miami Beach Real Estate Group (Mariana Cabrera). Contact: [email protected].
Spacious 2-bedroom, 2-bathroom residence featuring beautiful garden views! A welcoming entry foyer leads to a bright and spacious living and dining area. The kitchen offers Italian-style cabinetry, granite countertops, and stainless-steel appliances. Desirable split-bedroom floor plan with ensuite bathrooms, separate laundry room, and private balcony overlooking the lush gardens. Enjoy resort-style amenities including assigned covered parking, heated pool, fitness center, community room, tennis and pickleball courts, and 24/7 gated security. Ideally located near Costco, UM Health, Publix, Target, Mater Academy, Reserve Padel, Pura Vida, and just minutes from the beaches. Excellent investment opportunity! Currently tenant-occupied at $3,100/month, with lease in place through September 2027. Special assessment of $356.85/month through August 2035.
- Principal and interest
- $1,820
- Property tax
- $492
- Homeowners insurance
- $225
- HOA
- $1,365
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
One Fifty One At Biscayne Condo was built in 2007, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2037. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.