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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.
| DAYS ON MARKET | 61 | LAST UPDATED | 9/24/2026 |
|---|---|---|---|
| TRACT | CYPRESS VILLAGE CONDO | YEAR BUILT | 1972 |
| COMMUNITY | 20 | COUNTY | Miami-Dade |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Miami Lakes |
|---|---|
| Jr. High School | Miami Lakes |
| PRICE HISTORY | |
| Prior to Sep 24, '26 | $245,000 |
|---|---|
| Sep 24, '26 - Today | $235,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Refrigerator, Water Purifier |
| AREA | 20 |
| CONSTRUCTION | BLOCK |
| EXTERIOR | None |
| HEAT | CENTRAL |
| HOA DUES | 389 |
| INTERIOR | Master Downstairs |
| LOT | 0 |
| PARKING | Assigned |
| STORIES | 3 |
| STYLE | None |
| SUBDIVISION | CYPRESS VILLAGE CONDO |
| TAXES | 2796 |
| VIEW DESCRIPTION | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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Listed with Trustpoint Realty, LLC.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
