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.
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.
Property Details
Price:
$310,000
MLS #:
A12098274
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
VISTA LAGO AT THE HAMMOCK
Neighborhood:
vistalagoatthehammock
Listed Date:
Sep 30, 2026
Finished Sq Ft:
947
Total Sq Ft:
947
Year Built:
1988
See this Listing
Schools
Middle School:
Hammocks
High School:
Felix Valera
Interior
Appliances
Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air, Electric, Other
Flooring
Ceramic Floor, Other
Heating
Central, Electric, Other
Interior Features
First Floor Entry, Laundry Tub, Other, Walk-In Closet(s)
Laundry Features
Laundry Tub
Exterior
Accessibility Features
Accessible
Association Amenities
Child Play Area, Clubhouse-Clubroom, Community Room, Other, Other Membership Available, Other Membership Included, Pool
Construction Materials
Concrete Block With Brick, CBS Construction, Other
Covered Spaces
2
Exterior Features
East Of Us1, None, Other, Barbeque, Courtyard
Fencing
Fenced
Garage Spaces
2
Parking Features
2 Or More Spaces, Assigned, Guest
Patio And Porch Features
Open Porch, Patio, Screened Porch
Security Features
Fire Alarm, Smoke Detector, Card Entry, Phone Entry, Guard At Site
View
Garden View, Other View, None
Financial
HOA Fee
$891
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$3,343
Map
Community
- Address15689 SW 106th Ln # 705 Miami FL
- SubdivisionVISTA LAGO AT THE HAMMOCK
- CityMiami
- CountyMiami-Dade County
- Zip Code33196
Market Summary
Property Summary
- Located in the VISTA LAGO AT THE HAMMOCK subdivision, 15689 SW 106th Ln # 705 Miami FL is a Condo for sale in Miami, FL, 33196. It is listed for $310,000 and features 2 beds, 2 baths, and has approximately 947 square feet of living space, and was originally constructed in 1988. The current price per square foot is $327. The average price per square foot for Condo listings in Miami is $696. The average listing price for Condo in Miami is $996,781. To schedule a showing of MLS#a12098274 at 15689 SW 106th Ln # 705 in Miami, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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