Condominium
15689 SW 106th Ln # 705
15689 SW 106th Ln # 705, Miami FL 33196 Get directions
$310,000
2 Beds · 2 Baths · 947 SqFt
See estimated monthly costThis listing is courtesy of Stonewater Global Realty. Graciela Bermudez
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 947
- Full bathrooms
- 2
- First Floor Entry
- Laundry Tub
- Other
- Walk-In Closet(s)
Building & exterior
- Year built
- 1988
- Garage spaces
- 2
- Covered spaces
- 2
- Garden View
- Other View
- None
- East Of Us1
- Other
- Barbeque
- Courtyard
- 2 Or More Spaces
- Assigned
- Guest
HOA (homeowners association)
- Association fee
- $891 per month
- Pets allowed
- Yes
- Child Play Area
- Clubhouse-Clubroom
- Community Room
- Other
- Other Membership Available
- Other Membership Included
- Pool
- No Restrictions
- Ok To Lease
- Okay To Lease 1st Year
- Other Restrictions
Taxes
- Annual tax
- $3,343
- Tax year
- 2025
- Parcel number
- 30-59-09-049-0690
Assigned schools
- Middle
- Hammocks
- High
- Felix Valera
Listing
- MLS number
- A12098274
- Property type
- Condominium
- Price per SqFt
- $327
- Subdivision
- VISTA LAGO AT THE HAMMOCK
- On market since
- Sep 30, 2026
- Days on market
- 1
Estimated monthly cost
$2,970 per month
- Principal & interest (30 yr)
- $1,568
- Property tax
- $279
- Insurance (estimated)
- $233
- Association fee
- $891
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Dr. Gilbert L. Porter Elementary PLC-Q
- Dr. Gilbert L. Porter Elementary
- Omega Learning Center - West Kendall
- Town Center Preschool
- Hammocks Middle
- Oliver Hoover Elementary PLC-U
- Felix Varela Senior High
- Christina M. Eve Elementary
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