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Homes for sale in Miami
Condominium

15689 SW 106th Ln # 705

Miami, FL 33196
$310,000
Beds
2
Baths
2
Sq ft
947
Year built
1988
Price per sq ft
$327

Listing courtesy of Graciela Bermudez, Stonewater Global Realty

About this home

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.

Details

Property

Type
Condominium
Building
Condo 1-4 Stories
Year built
1988
Stories
1
Building name
vISTA LAGO
Subdivision
VISTA LAGO AT THE HAMMOCK
County
Miami-Dade County
View
Garden View, Other View
Flood zone
AH

Interior

Appliances
Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring
Ceramic Floor
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Laundry
Laundry Tub
Features
First Floor Entry, Laundry Tub, Walk-In Closet(s)

Exterior and parking

Exterior
East Of Us1, Barbeque, Courtyard
Patio and porch
Open Porch, Patio, Screened Porch
Parking
2 Or More Spaces, Assigned, Guest
Garage spaces
2
Construction
Concrete Block With Brick, CBS Construction

Community and fees

Association fee
$891 monthly
Amenities
Child Play Area, Clubhouse-Clubroom, Community Room, Other Membership Available, Other Membership Included, Pool
Maintenance includes
All Amenities, Building Exterior, Common Area, Hot Water, Landscaping/Lawn Maintenance, Other Maintenance Includes, Parking
Security
Fire Alarm, Smoke Detector, Card Entry, Phone Entry, Guard At Site
Annual taxes
$3,343
Terms
All Cash, Conventional, FHA, FHA-Va Approved
Minimum lease (days)
360

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 1, 2026.