
15689 SW 106th Lane 705 For Sale










Property Details
| Asking Price | $310,000 |
|---|---|
| Price per SqFt | $327 |
| Maintenance Fee | $891 Monthly |
| Property Taxes | $3,343 2025 |
| Interior Space | 947 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1988 |
| MLS # | A12098274 |
Location
From the listing
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.
Listed by Stonewater Global Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $891 a month; taxes $3,343 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 15689 SW 106th Lane 705, Miami, FL 33196
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1731143 | $87,500 | 5/13/13 |

Listed by Stonewater Global Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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15689 SW 106th Lane 705, Miami · MLS A12098274 · $310,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

