$240,000list price
Per sq ft$441
1 bd · 1 ba · 544 sq ft Condo or villa
7220 FAIRWAY DR #G18, MIAMI LAKES, FL 33014
Listing courtesy of Timeless Realty & Associates LLC. MLS# A12113729.On the MLS · Listed Oct 31
$235,000
7155 MIAMI LAKES DR #P4, MIAMI LAKES, FL 33014
1 bed1 bath544 sq ftCondo or villaBuilt 1972
Updated today, November 3, 2026This home against Miami Lakes
$432 per sq ft, 2% over the Miami Lakes median
80 days on the market
Price cut $10,000 since it was listed at $245,000
$2,796 in property taxes (2025)
Miami Lakes today: 90 homes for sale, median list price $875,000.
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 $235,000 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.
Zoned schools
Elementary: Miami Lakes K-8 Center
Middle: Miami Lakes Middle School
High: Hialeah-miami Lakes Senior High
From Miami-Dade County Public Schools attendance zones.
Listing courtesy of Trustpoint Realty, LLC.. MLS# A12072606.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed August 15, 2026.
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