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Active - Condominium for sale
7155 Miami Lakes Dr # P4, Miami Lakes FL 33014
Facts & features
Why you’ll love it
- Pool
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 assessed recently, and has no pending or current assessments. The property is well managed, helping ensure owners avoid unexpected additional costs. The location is a major advantage. Cypress Village is within walking distance to Publix, multiple banks, Main Street dining, hair salons, a movie theater, shops and more. Shula's Gym is also nearby, making this an ideal location for everyday convenience.
Listed by: Joseph Suarez • 305-200-0348 • Trustpoint Realty, LLC.
Co-listed by: Nicholas Arias • 305-200-0348 • Trustpoint Realty, LLC.
Source: Miami MLS, MLS#: A12072606
Based on information as of Sep 02, 2026 at 06:39am EDT.
Come see by yourself
Affordability
$1,861/mo
- Mortgage$1,239
- Property tax$233
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About Cypress Village Condo
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
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Based on information as of Sep 02, 2026 at 06:39am EDT.
