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Buildings/North Miami/THE OAKS I CONDO

Value

THE OAKS I CONDO

15051 Royal Oaks Lane, North Miami 33181

2007

Year Built

150

Units

CI Score

Moderate

For Sale

$453K

Avg Price

$164

Sale $/SF

For Rent

$3,528

Avg Rent

$2.08

Rent $/SF

+2.3%

YoY

For Sale

For Rent

Investor-Owned

78%

Avg HOA

$1,458/mo

Building Details

Address

15051 Royal Oaks Lane, North Miami, 33181

Neighborhood

North Miami

Year Built

2007

Total Units

150

Avg Unit Sqft

1,723 SF

Tier

Value

Avg $/SF

$164.38

Avg Rent

$3,527.5/mo

Rent $/SF

$2.08/SF

HOA Range

$1,215 – $1,814

Neighborhood Rank

Top 56%

Avg Unit Value

$315K

Total Sales (All-Time)

402

Investment Analysis

Yield Metrics

Rental Yield (annualized)25.8%

YoY Appreciation+2.3%

Total Yield76.2%

YoY Sale $/SF Change-29.5%

Liquidity & Demand

Closed Sales (120d)1

Days on Market213 days

Months of Inventory48.0

Sale-to-List Ratio0.9%

Price Reduction Rate100%

Investor-Owned78%

For Sale6

For Rent6

Top 56%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$164

+22.8%

Rental Price Trend ($/SF)

$2.01

+0.5%

Building Activity

Days on Market

213

Sales & Listings

Active Listings

For Sale (6)

$365K

1,743 sf

$399K

2 bd2 ba1,763 sf

$436K

Unit 1605

2 bd3 ba1,603 sf

$272/SF3 DOM

$444K

Unit 2103

3 bd3 ba1,801 sf

$247/SF41 DOM

$449K

2 bd3 ba1,603 sf

$450K

2 bd2 ba1,743 sf

For Rent (6)

$3K

Unit 1705

2 bd3 ba1,603 sf

$2/SF52 DOM

$3K

Unit 1105

2 bd3 ba1,603 sf

$2/SF

$3K

Unit 503

3 bd3 ba1,801 sf

$2/SF56 DOM

$3K

Unit 601

2 bd2 ba1,763 sf

$2/SF9 DOM

$4K

Unit 101

2 bd2 ba1,763 sf

$2/SF

$4K

Unit 1704

2 bd2 ba1,743 sf

$2/SF542 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Dec 4, 2025	$405K	$229.72	2/2	1,763
Nov 12, 2025	$435K	$246.74	2/2	1,763
Oct 9, 2025	$349K	$217.72	2/2	1,603
Sep 9, 2025	$425K	$235.98	3/3	1,801
Jul 31, 2025	$448K

Units & Ownership

Total Units

150

Avg Sqft

1,723 SF

Avg Assessed

$289K

Owner-Occupied

22%

Tax & Ownership

Investor-Owned

78%

Owner-Occupied

22%

Avg Assessed Value

$289K

Avg Taxable Value

$278K

Effective Year Built

2007

Zoning

8000

Unit Mix

2 BR99

Avg 1,679 SF

3 BR50

Avg 1,812 SF

Unknown1

Unit Directory

Showing 10 of 150 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	$10.3M	—	Aug 2020
101	2	2	1,763	$249K	—	$272K	$154	Sep 2014
102	2	2	1,603	$261K	—	$295K	$184	Apr 2022
103	3	3	1,801	$282K	—	$280K	$156	Sep 2014
104	2	2	1,743	$244K	—	$358K	$205	Jul 2014
106	3	3	1,822	$282K	—	$247K	$136	May 2014
201	2	2	1,763	$248K	—	$277K	$157	Jul 2014
202	2	2	1,603	$234K	—	$246K	$153	Mar 2014
203	3	3	1,801	$287K	—	$418K	$232	Apr 2007
204	2	2	1,743	$246K	—	$270K	$155	Oct 2021