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Condominium
$314,999$309 / sqft
7440 Miami Lakes Dr # F212, Miami Lakes FL 33014
Listed
2
Bedrooms
2
Bathrooms
1,020 sqft
Interior
1967
Year built
$459 / mo
HOA
Condominium
Type
About this home
"INVESTOR-FRIENDLY | NO RENTAL RESTRICTIONS | LOW HOA" Discover exceptional value to this well maintained 2-bedroom, 2-bath corner home in the heart of desirable Miami Lakes. Ideally located within walking distance to shopping, restaurants, and schools. This condo features tile flooring , lots of closets , new roof, impact windows, a large open balcony, central A/C under warranty, and tankless water heater. Community amenities offers: elevator, pool, tennis courts, gym, children's playground, and laundry room steps from your door. Building has completed its 40-year certification. Current tenants leave 12/1/26 , making it an excellent opportunity for investors or future homeowners. For additional confidence, this home comes with a 1-year home warranty for an additional peace of mind. No special assessment. Experience the exceptional Miami Lakes lifestyle with its beautiful parks, scenic lakes, playgrounds, and charming tree-lined streets. Enjoy a quick access to the Palmetto Expressway (SR 826) and I-75 .Short drive to Miami Int'l Airport & Miami Beach. Soon the new Miami Lakes Golf Club - The Residences & Shops on NINE will be walking distance. Whether you're an investor looking for rental flexibility or a buyer searching for a well-located home in a desirable community, this property deserves your attention! Don't miss this opportunity to own in one of Miami Lakes' most sought-after locations!Some bedroom & living room pictures were virtually staged.
Features
- Second Floor Entry
- Walk-In Closet(s)
- Exterior Cat Walk
- Courtyard
- Open Balcony
- Tennis Court(s)
- Garden View
Leasing
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.