7155 Miami Lakes Drive P4, Miami Lakes, FL 33014

$245,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12072606

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 544 Status: Active

Current Price: $245,000 List Date: 8/17/2026 Last Modified: 8/26/2026

Overview

Description

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 asse ... (Read more)

Listing Details MLS# A12072606

General Property Information

Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 544
Living Area Main: 544
Adjusted Area Main: 544
Year Built: 1972
Carport YN: Yes
Carport Spaces: Yes
Covered Spaces: Yes
Senior Community YN: Yes
Stories Total: 3

Property Features

Application Information: 1-2 Weeks Approval Exterior Features: None Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned Appliances: Dishwasher; Microwave; Refrigerator; Water Purifier Construction Materials: Block; CBS Cooling: Central Air Association Type: Condominium Heating: Central Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: Private Possession: Negotiable Security Features: Smoke Detector(s); Other Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 245000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 7155
Street Name: Miami Lakes
Street Suffix: Drive
Unit Number: P4
City Name: Miami Lakes
Municipal Code: 32
State Or Province: FL
Postal Code: 33014
Postal Code +4: 6933
Postal Zip: 33014
Subdivision Name: CYPRESS VILLAGE CONDO
Area: 2200
Elementary School: Miami Lakes K-8
High School: Hialeah-Miami Lakes
Special Assessment YN: No
Parcel Number: 3220230223280
Subdivision Number: 22
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 389
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 389
Membership Fee Required YN: Yes
Tax Annual Amount: 2796
Tax Year: 2025
Tax Legal Description: CYPRESS VILLAGE CONDO UNIT P-4 BLDG P UNDIV .1876% INT IN COMMON ELEMENTS OFF REC 10573-2222 & 10613-1882 OR 18376-3855 0898 4 F/A/U 30-2023
Membership Fee Amount: 0

Status Change Information

Major Change Timestamp: 2026-08-17T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-17

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Parking Information

Open Parking Spaces: Yes

Leasing Restrictions

Leasing - Max Times Per Year: Yes

Price Calculations

Current Price To SqFt: 450.36

Section Details

Parcel Number MLX: 3280

Originating Details

Originating System Key: 553185860
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Clubhouse: Yes
Playground: Yes
Pool: Yes

Exterior Features

None: Yes

Flooring

Tile: Yes

Parking Features

Assigned: Yes

Possession

Negotiable: Yes

Special Information

Sold As-Is: Yes

Heating

Central: Yes

Appliances

Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes
Water Purifier: Yes

Construction Materials

Block: Yes
CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Private: Yes

Security Features

Smoke Detector(s): Yes
Other: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes

Pets Allowed YN

Yes: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Listing Office: Trustpoint Realty, LLC.

Last Updated: August - 26 - 2026

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7155 Miami Lakes Drive P4, Miami Lakes, FL 33014 (MLS# A12072606)