14951 Royal Oaks Ln #503

In Contract
 for Sale at 14951 Royal Oaks Lane, Miami, FL 33181

13

 for Sale at 14951 Royal Oaks Lane, Miami, FL 33181
 for Sale at 14951 Royal Oaks Lane, Miami, FL 33181
 for Sale at 14951 Royal Oaks Lane, Miami, FL 33181
$360,000
2
Beds
2
Baths
–
Half Bath
1,834
Ft²
$196
$/ft²
–
Acres
Cap Rate
Est. Monthly
Cap Rate
3.87%
Est. Monthly
$3,105
Last call to buy one of the best OPPORTUNITIES in whole east MIAMI!!! 1800+ square feet of opulence! Title floors throughout, European kitchen with granite tops and stainless steel appliances and baths and 9 ft ceilings. Surrounded by Miami's places to be. Miami's Intracoastal Waterway, Sunny Isles Beach, world famous Bal Harbor and minutes from Miami Beach. Large Master Suite Washer/Dryer in Unit Includes Water-Sewer-Trash-Cable-GYM Internet Phone, one assigned parking spot as well as guest parking on site. Building has 24 security. FIU is nearby as well as A-rated public schools. Close to all major retailers.

The manager has listed the unit size as 1834...

Building Features

Exterior

Block Exterior

Parking

Garage ParkingAssigned ParkingCovered ParkingAttached GarageOpen ParkingValet ParkingGuest ParkingDetached Garage

Condition

New Construction

Home Features

Home Systems

Security System

Appliances

DishwasherGarbage DisposalMicrowaveOvenSelf-Cleaning OvenElectric RangeRefrigerator

Laundry

Dryer in UnitWasher in Unit

HVAC

Central A/CFurnace

Price History

Date/EventEventPrice
Feb 14, 2023 In contractIn contract-
Jan 24, 2023 Price DecreasedPrice Decreased$360,000 $25K (6.5%)
Jan 4, 2023 Price DecreasedPrice Decreased$385,000 $10K (2.5%)
Nov 6, 2022 Price DecreasedPrice Decreased$395,000 $4K (1%)
Aug 12, 2022 Price DecreasedPrice Decreased$399,000 $11K (2.7%)
Jul 27, 2022 Price DecreasedPrice Decreased$410,000 $2K (0.5%)
Jul 12, 2022 Price DecreasedPrice Decreased$412,000 $8K (1.9%)
Jun 15, 2022 Price IncreasedPrice Increased$420,000 $121K (40.5%)
Sep 30, 2021 No longer availableNo longer available-
Aug 26, 2021 Price DecreasedPrice Decreased$299,000 $1K (0.3%)
Jul 26, 2021 Listed by Piquet Realty, LLCListed by Piquet Realty, LLC$300,000
Jul 19, 2021 No longer availableNo longer available-
Jun 14, 2021 Listed by DLC Real Estate Development CorpListed by DLC Real Estate Development Corp$350,000
Mar 30, 2021 No longer availableNo longer available-
Jun 22, 2020 Listed by DLC Real Estate Development CorpListed by DLC Real Estate Development Corp$295,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$30,000
ExpensesPer Year
$16,044
Operating ProfitPer Year
$13,956
Cap rate
3.88%

Price Estimate

$428,000$373,388$318,777
20212022202320242025
Current Asking Price

$360,000

HopScore Market Price

$373,388

The current asking price is $13,388.67 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Active
Condo
2
2
1,743 ft²
$215/ft²
$374,111
$1,302.33/mo
In Contract
Condo
2
2
1,743 ft²
$215/ft²
$375,000
$1,447.17/mo
Active
Condo
2
2.5
1,758 ft²
$204/ft²
$359,000
$1,333.17/mo
Active
Condo
2
2
1,743 ft²
$223/ft²
$389,000
$1,352.83/mo
Active
Condo
2
2.5
1,758 ft²
$221/ft²
$389,000
$33,019.83/mo

Payment Calculator


Building Info

14951 Royal Oaks Lane14951 Royal Oaks Lane, Miami, FL 33181
  • 3 Units for Sale
More about this Building
14951 Royal Oaks Lane
Want to find out who owns 14951 Royal Oaks Lane, Miami, FL 33181? Get detailed property transactions here .

Neighborhood

About Biscayne Landing

Stats & Trends

The median asking price in Biscayne Landing is $380,000.
  • Median Asking

    $380,000
  • Sale Price/ft²

    $300.51
  • Below Asking

    0.03%
  • Days on Market

    74

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
3
3
1,801
$469,000
-/mo
Mar 3, 2023
Active
-
-
-
-
2
2
1,743
$439,000
-/mo
Feb 10, 2023
Expired
-
-
-
-
-
2
2
1,743
$375,000
-/mo
Jan 7, 2023
In Contract
-
-
-
-
-
3
3.5
2,048
$549,000
-/mo
Jan 4, 2023
Active
-
-
-
-
3
3.5
2,385
$500,000
-/mo
Dec 24, 2022
In Contract
-
-
-
-
-
3
3
1,801
$445,000
-/mo
Dec 22, 2022
Active
-
-
-
-
3
3
1,886
$450,000
-/mo
Dec 20, 2022
In Contract
-
-
-
-
-
2
2.5
1,758
$369,000
-/mo
Dec 20, 2022
Active
-
-
-
-
3
3.5
2,385
$525,000
-/mo
Nov 29, 2022
Expired
-
-
-
-
-
3
3.5
2,048
$499,500
-/mo
Nov 24, 2022
Expired
-
-
-
-
-

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Unit #503, 14951 Royal Oaks Lane, Miami, FL 33181


Frequently Asked Questions

What is the median home price in North Miami?
The median home price in North Miami is $448,900, or $324/sqft. When you buy a home in North Miami, you can expect to pay between $264,000 to $686,250. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in North Miami?
The median home price for a studio in North Miami is $617,000, or $307/sqft.
What is the median home price for a One-Bedroom in North Miami?
The median home price for a one-bedroom home in North Miami is $195,000, or $287/sqft.
What is the median home price for a Two-Bedroom in North Miami?
The median home price for a two-bedroom home in North Miami is $327,000, or $287/sqft.
What is the median home price for a Three-Bedroom in North Miami?
The median home price for a three-bedroom home in North Miami is $540,000, or $411/sqft.
What is the median home price for a Four+ Bedroom in North Miami?
The median home price for a four+ bedroom home in North Miami is $1,900,000, or $694/sqft.
What is the breakdown of listings by bedroom count in North Miami?
There are currently 215 available properties for sale in North Miami. Of those, 1.86% are studio listings, 19.07% are one-bedroom listings, 33.49% are two-bedroom listings, 23.72% are three-bedroom listings, and 21.86% are four+ bedroom listings.
What is the breakdown of listings by property type in North Miami?
There are currently 113 condos, 93 houses, 6 townhouses, and 3 multifamilies located in North Miami. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in North Miami?
The least expensive property sold in North Miami for $49,000.
Now, what is the most expensive property sold in the past 12 months in North Miami?
The most expensive property sold in North Miami for $21,000,000.
How long on average are properties in North Miami on the market?
Based on our collected data, properties in North Miami are on the market for a median time of 74 days.

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