NOT LISTED FOR SALE

7200 Fairway Dr Unit H10 Miami Lakes, FL 33014

Estimated Value: $271,544 - $298,000

2 Beds
1 Bath
816 Sq Ft
$359/mo HOA Fee

Last Sold March 19, 2024

Last sale price $265,000 $325 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,208/month

103 Days on Market

Highlights

  • Main Floor Bedroom
  • Balcony
  • Security Guard
  • Miami Lakes Middle School Rated A-
  • Built-In Features
  • Ceramic Tile Flooring

About This Home

As of March 2024

Rare opportunity to own a STUNNING turn key property with incredible cash flow. Currently generating $2150/M. Should the new owners choose to rent it out. The property has experienced dramatic renovations, including the floors, kitchen, bathrooms, appliances, and more. Please refer to the pictures to view improvements. ****Tenants until October 2024*******

Last Agent to Sell the Property

Elizabeth Morales

Bahia International Realty License #3297976 Listed on: 11/15/2023

Last Buyer's Agent

Javier Yanes

Florida Realty of Miami Corp License #3081133

Florida Realty of Miami Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1972 | Remodeled

HOA Fees

  • $359 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 816 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceramic Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 32-20-23-022-1540

Community Details

Overview

  • Cypress Village Condo
  • Cypress Village Condo Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,068

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$359 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Directions: USES GOOGLE MAPS
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: CYPRESS VILLAGE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Fire Sprinklers
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 816
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: None
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CYPRESS VILLAGE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Guard At Site

Condo/Co-op/Association

  • Association Fee: 359
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 32-20-23-022-1540
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Mar 18, 2024
Sold by
Zalla Investments Llc
Bought by
Yanes Javier and Yanes Mariam D
Seller's Agent
Elizabeth Morales
Bahia International Realty
Buyer's Agent
Javier Yanes
Florida Realty of Miami Corp
List Price
$290,000
Sold Price
$265,000
Premium/Discount to List
-$25,000
-8.62%
Total Days on Market
103
Views
573
Current Estimated Value
$284,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,886
Avg. Annual Appreciation
6.06%

Purchase Details

Listed on
Nov 8, 2021
Closed on
Jan 25, 2022
Sold by
Urrutia Francisco A
Bought by
Zalla Investments Llc
Seller's Agent
Brian de la Nuez
United Realty Group Inc
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Listed on
Nov 8, 2021
Closed on
Jan 12, 2022
Sold by
Yelky Labrada
Bought by
Urrutia Francisco
Seller's Agent
Brian de la Nuez
United Realty Group Inc
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jul 24, 2015
Sold by
Labrada Yelky and Batista Bolivar E
Bought by
Labrada Yelky
Seller's Agent
Ana O'Dell
Costa Realtors Corp.
Buyer's Agent
Celine De la Sierra
Florida Realty of Miami Corp
List Price
$122,000
Sold Price
$128,000
Premium/Discount to List
$6,000
4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$96,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jun 1, 2015
Sold by
Miles Diana Lee
Bought by
Labrada Yelky and Batista Bolivar E
Seller's Agent
Ana O'Dell
Costa Realtors Corp.
Buyer's Agent
Celine De la Sierra
Florida Realty of Miami Corp
List Price
$122,000
Sold Price
$128,000
Premium/Discount to List
$6,000
4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.77%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yanes Javier $265,000 None Listed On Document
Zalla Investments Llc -- Mancebo Law Pa
Urrutia Francisco $230,000 Florido & Associates Pa
Labrada Yelky $47,500 None Available
Labrada Yelky $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urtiaga Yelky $130,000
Previous Owner Labrada Yelky $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $265,000 -6.7% $325 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $284,000 -0.4% $348 / Sq Ft
01/26/2024 01/26/24 Price Changed $285,000 -1.7% $349 / Sq Ft
11/27/2023 11/27/23 Price Changed $289,900 0.0% $355 / Sq Ft
11/15/2023 11/15/23 For Sale $290,000 +26.1% $355 / Sq Ft
01/18/2022 01/18/22 Sold $230,000 -8.0% $282 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $250,000 +95.3% $306 / Sq Ft
06/01/2015 06/01/15 Sold $128,000 +4.9% $157 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $122,000 0.0% $150 / Sq Ft
11/21/2013 11/21/13 Rented $1,250 0.0% --
11/21/2013 11/21/13 For Rent $1,250 +13.6% --
04/13/2012 04/13/12 Rented $1,100 -8.3% --
03/14/2012 03/14/12 Under Contract -- -- --
03/02/2012 03/02/12 For Rent $1,200 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,068 $196,020 -- --
2023 $3,068 $178,200 $0 $0
2022 $2,788 $157,300 $0 $0
2021 $2,573 $143,000 $0 $0
2020 $2,557 $141,742 $0 $0
2019 $2,671 $147,648 $0 $0
2018 $1,134 $104,703 $0 $0
2017 $1,116 $102,550 $0 $0
2016 $1,106 $100,441 $0 $0
2015 $1,492 $74,708 $0 $0
2014 -- $67,917 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11487062

MIAMI REALTORS® MLS

APN: 32-2023-022-1540