7155 Miami Lakes Dr #P4, Miami Lakes, FL 33014

Miami Lakes
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
7155 Miami Lakes Dr #P4,Miami Lakes, FL 33014
$245,000
Virtual Tour
  • 1 Beds
  • 1 Baths
  • 544 sq. ft.
  • Condominium
  • Active
Listed by: joseph suarez, nicholas arias
Office: trustpoint realty, llc.305-200-0348
MLS#:A12072606
Source:SEFMLS

Price summary

  • Price:$245,000
  • Price per sq. ft.:$450.37
  • Monthly HOA dues:$389

About this home

Unit P-04 is a first-floor unit at Cypress Village, one of the most in-demand floor positions in the community for rental purposes. At 544 SF, this one bedroom, one bathroom unit is priced at $245,000 with an HOA of $385.90 per month. This is a great opportunity for an investor or an owner-user looking to occupy the unit while building equity. The unit can be rented in the first year of ownership and leases are required to be annual. The current occupant vacates February 28th and financing is limited to cash or conventional only. For investors, running the numbers with only property tax and HOA as expenses yields approximately a 6% cap rate. The unit comes with one assigned parking space (Space 706) and there is ample guest parking available throughout the community. Shared laundry facilities are available to all residents. Community amenities include two pools, a tennis court and a clubhouse available for private gatherings. The association maintains healthy reserves, has not been...

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Home facts

  • Year built:1972
  • Subdivision & Development:CYPRESS VILLAGE CONDO
  • Listing ID #:A12072606
  • Updated:August 27, 2026 at 10:06 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Tile
  • Kitchen Description:Dishwasher, Microwave, Refrigerator, Water Purifier
  • Living area:544 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1972
  • Building area:544 sq. ft.
  • Construction Materials:Block

Schools

  • Middle school:Miami Lakes
  • Elementary school:Miami Lakes

Finances and disclosures

  • Price:$245,000
  • Price per sq. ft.:$450.37
  • Tax amount:$2,796 (2025)

Features and amenities

  • Appliances:Dishwasher, Microwave, Refrigerator, Water Purifier
  • Amenities:Clubhouse, Playground, Smoke Detectors
  • Pool features:Pool

Parking

  • Parking description:1 Carport Space(s), Assigned, One Space
  • Carport spaces:1
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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