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Buildings/Miami Lakes/VILLAS OF MIAMI LAKES CON

Value

VILLAS OF MIAMI LAKES CON

7450 Miami Lakes Dr, Miami Lakes 33014

1967

Year Built

Units

—

For Sale

—

Avg Price

—

Sale $/SF

For Rent

—

Avg Rent

$1.91

Rent $/SF

—

YoY

For Sale

For Rent

Investor-Owned

70%

Avg HOA

—

Building Details

Address

7450 Miami Lakes Dr, Miami Lakes, 33014

Neighborhood

Miami Lakes

Year Built

1967

Total Units

Avg Unit Sqft

830 SF

Tier

Value

Rent $/SF

$1.91/SF

Neighborhood Rank

Top 45%

Avg Unit Value

$215K

Total Sales (All-Time)

Investment Analysis

Yield Metrics

Rental Yield (annualized)—

YoY Appreciation—

Total Yield18.0%

Liquidity & Demand

Closed Sales (120d)0

Investor-Owned70%

For Sale0

For Rent1

Top 45%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$246

Rental Price Trend ($/SF)

$2.24

+16.7%

Building Activity

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Rent (1)

$2K

Unit C109

1 bd1 ba720 sf

$3/SF6 DOM

Date	Price	$/SF	Bed/Bath	SF
May 31, 2023	$200K	$268.46	1/1	745
Apr 21, 2022	$200K	$194.17	2/2	1,030
Jul 21, 2021	$190K	$271.43	1/—	700
Jul 20, 2021	$190K	$271.43	1/1	700
Jul 19, 2021	$173K	$236.99	1/—	730
Jul 1, 2021	$173K	$236.99	1/1	730
Jan 8, 2021	$168K	$230.14	1/—	730
Jan 4, 2021	$168K	$230.14	1/1	730
Nov 19, 2018	$150K	$214.29	1/1	700
Aug 17, 2017	$152K	$207.53	1/1	730

Units & Ownership

Total Units

Avg Sqft

830 SF

Avg Assessed

$171K

Owner-Occupied

30%

Tax & Ownership

Investor-Owned

70%

Owner-Occupied

30%

Avg Assessed Value

$171K

Avg Taxable Value

$158K

Effective Year Built

1967

Zoning

5000

Unit Mix

1 BR12

Avg 721 SF

2 BR8

Avg 994 SF

Unit Directory

Showing 10 of 20 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
C-101	2	2	975	$250K	—	$84K	$86	Oct 2012
C-102	1	1	700	$182K	—	$69K	$98	Jan 2000
C-103	1	1	700	$63K	✓	$70K	$100	Apr 2000
C-104	1	1	700	$154K	—	$125K	$179	Jan 2005
C-105	1	1	700	$189K	—	$190K	$271	Jul 2021
C-106	2	2	975	$235K	—	$85K	$87	Jun 2014
C-107	2	2	995	$82K	✓	$80K	$80	Jun 2000
C-108	1	1	720	$159K	—	$62K	$86	Jan 2000
C-109	1	1	720	$191K	—	$112K	$156	Oct 2004
C-110	2	2	995	$202K	—	$80K	$81	Jan 2000

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VILLAS OF MIAMI LAKES CON

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

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