100 W 5th Street #712

About this home

Downtown loft living, elevated. Perched high above the heart of Royal Oak, this freshly updated loft at Skylofts pairs an industrial edge with a polished, move-in-ready finish. Exposed spiral ductwork, soaring ceilings, and walls of floor-to-ceiling glass flood the home with natural light and frame sweeping skyline views. The open-concept living space is made for entertaining, anchored by a sleek gas fireplace and a statement cluster of cage pendant lighting. The chef’s kitchen delivers with a gas range, stainless steel appliances, an oversized granite island with room for barstools, a farmhouse-style stainless sink, and a custom stone and metal mosaic backsplash. Step through the sliding glass doors onto your private balcony and take in the downtown views, a front-row seat to Royal Oak’s energy. The primary suite is a true retreat, featuring brand-new plush carpet, a wall of windows, and a spacious walk-in closet with custom built-in organization. The spa-inspired bath offers a frameless glass shower finished in striking linear tile with a pebble floor, a vessel sink, and a granite vanity. A second bedroom, also with new carpet, offers flexibility for guests, a home office, or a creative studio. Fresh paint throughout makes the entire home feel crisp and ready for its next chapter. Skylofts puts you steps from the best of Royal Oak: Main Street dining and nightlife, the Farmers Market, boutique shopping, and entertainment, all at your doorstep.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Royal Oak

Over the last 90 days, 258 homes sold in Royal Oak for a median of $350,000, about $204 per square foot, and the typical one went under contract in 12 days. This home is listed at $375,000, or $312 per square foot, 53% above the city median, and has been on the market 3 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Royal Oak sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $9,700 a year. A buyer who lives here would pay about $6,513 to $7,189 a year once the taxable value resets after the sale, at the 2025 homestead rate of 37.96 mills for Royal Oak City and Royal Oak schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.

Location

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