Overview

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  • Status: Active
  • Parking No info
  • Size: 544 ft2/50.54 m2
  • Price Per: $431.99 ft2/$4,649.85 m2
  • Type: Condo
  • Built: 1972
  • HOA: $389.00/MO
  • MLS Number: A12072606
  • View None
  • On Site: 48 days
  • Updated: 10 Days Ago
  • Page Views: 14

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.

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Development Amenities

Development Amenities:

  • Basketball Court
  • Clubhouse / Clubroom
  • Laundry
  • Pool
  • Tennis Court

Price History

DateEventPriceChange RatePrice Per
09/24/2026Price Reduced$235,000.004.1%$431.99 ft2/$4,649.85 m2
08/18/2026Listed$245,000.00$450.37 ft2/$4,847.72 m2

Features

Property Details for 7155 Miami Lakes Dr Unit P4, Miami Lakes, FL 33014

Cypress Village, Condo current status is Active, 7155 Miami Lakes Dr Unit P4 is a Condo in , Miami Lakes, FL 33014 with property MLS ID# A12072606. This Condo has been listed on Best of Luxury Realty since August 18, 2026 and is currently priced at 235,000. This property was built in 1972.
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Area Specialist

Buyer/Tenant Etiquette
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Tracey Schmitt
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Email: tracey@bestofluxuryrealty.com
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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This property is courtesy of the Trustpoint Realty, LLC.. This listing has been viewed 14 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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