15689 SW 106th Ln 705 Miami, FL $ 310,000
15689 SW 106th Ln 705
$ 310,000
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15689 SW 106th Ln 705

Miami, FL, 33196
$ 310,000
Bedrooms2 Baths2.0 Sq 947

Monthly Estimate*

$ 1,957

15689 SW 106th Ln 705, Miami, FL 33196 - Image 1
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15689 SW 106th Ln 705, Miami, FL 33196 - Image 10
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Condo for sale in Miami, FL

for $310,000 with 2 bedrooms and 2 full baths. This 947 square foot condo was built in 1988.

Attention Investors! Turnkey investment opportunity in the highly sought-after community of Vista Lago, located within the prestigious Hammocks association. Currently rented at $2,400 per month, this spectacular 2-bedroom, 2-bathroom (2/2) residential unit, located at 15689 SW 106th Ln, Unit 705, features an efficient split floor plan with beautiful laminate flooring throughout. Designed to maximize space, privacy, and natural light, the unit comes fully equipped with modern stainless steel appliances and an in-unit washer and dryer. It conveniently includes two assigned parking spaces and pets are allowed. Showing requires a 24-hr notice. This property stands out for its exceptional contractual stability, featuring a secured lease agreement in place with a reliable tenant that expires on December 31, 2027. This rare long-term lease offers unparalleled peace of mind and guaranteed immediate cash flow for the savvy investor, shielding your investment from unexpected market vacancies. The gated Vista Lago community offers a strategic location with quick access to major highways, shopping centers, top-rated schools, and beautiful Hammocks recreational amenities. The unit is subject to two separate HOA fees: a monthly fee of $891.78 and a quarterly fee of $212.38, ensuring a safe, clean, and beautifully maintained environment. Do not miss out on this hassle-free addition to your real estate portfolio! It is an excellent, truly low maintenance pick for passive income generation.

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Condo Active

Price

$ 310,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,343

Style

Year Built

1988

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12098274

Features
General
Heating Central Electric Other
Cooling Central Air Ceiling Fan(s) Electric Other
Possession Close Of Escrow Close Plus
Appliances Dryer Electric Water Heater Microwave Refrigerator Washer
HOA Fee 891
Garage Spaces 2
Association Fee Includes Amenities Common Areas Hot Water Maintenance Grounds Maintenance Structure Other Parking
Patio/Porch Features Open Patio Porch Screened
Architectural Style None Other
Pool Features Association
Security Features Key Card Entry Phone Entry Security Guard Smoke Detector(s)
Restrictions No Restrictions Okay to Lease 1st Year Other Restrictions OK To Lease
Construction Materials Brick CBSConcreteBlockStructure Block Other
Pets Allowed Cats OK Dogs OK Pet Fee Yes
Year Built 1988
View Garden None Other
Unit Number 705
Property Subtype Condominium
Tax Year 2025
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Clubhouse Other Playground Pool
Subdivision Name VISTA LAGO AT THE HAMMOCK
Garage Y/N true
Total Rooms 0
Full Baths 2
Special Listing Conditions Listed As-Is
Status Active
High School Felix Valera
City Miami
Disclosures None Seller Disclosure
Entry Location 1
Senior Community Y/N false
MLS Area 58
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA VA Loan
Property Attached Y/N false
Year Built Details Resale
Tax Annual Amount 3343
Middle/Junior High School Hammocks
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12098274
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Condominium
Legal Description VISTA LAGO AT THE HAMMOCKS CONDO UNIT 705 UNDIV 0.005114054% INT IN COMMON ELEMENTS OFF REC 25988-3205 COC 26464-1066 06 2008 1
Membership Fee 0
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Interior
Interior Amenities Bedroom on Main Level Bathtub First Floor Entry Handicap Access Main Level Primary Walk-In Closet(s)
Flooring Ceramic Tile Laminate Other
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features Laundry Tub
Total Bedrooms 2
Entry Level 1
Total Baths 2
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Exterior
Exterior Amenities Barbecue Courtyard Enclosed Porch Fence None Porch Patio
Parking Features Assigned Guest Two or More Spaces
Building Area Total 947
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Stonewater Global Realty

Broker

gracie8154@hotmail.com

Email

Affordability Calculator

$2,236
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,957
Monthly Property Taxes
$279
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2801358 Elementary School
2801357 Middle School
Felix Valera High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$310,000 Listed Price

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15689 SW 106th Ln 705, Miami, FL, 33196 is a Condo for sale at $310,000 with 947 sqft. 15689 SW 106th Ln 705 has 2 bedrooms, 2.0 baths, and was built in 1988. The property's zip code is 33196 which is in Miami, FL