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$310,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 947 Sq. Ft.
  • Updated 5 days ago
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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.

Full Property Details for 15689 SW 106th Ln #705

General

  • Price: $310,000
  • HOA FEE: $891/month
  • Taxes: $3,343 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A12098274
  • Updated: 9/30/2026
  • Added to Site: 6 day(s) ago

Interior

  • Interior Features: First Floor Entry, Laundry Tub, Other, Walk-In Closet(s)
  • Appliances: Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring: Ceramic Floor, Other

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Ground Level

Other Rooms

  • Laundry: Laundry Tub

Additional Information

  • Shared Amenities: Child Play Area, Clubhouse-Clubroom, Community Room, Other, Other Membership Available, Other Membership Included, Pool
  • Maint. Includes: All Amenities, Building Exterior, Common Area, Hot Water, Landscaping/Lawn Maintenance, Other Maintenance Includes, Parking
  • Security/Safety: Fire Alarm, Smoke Detector, Card Entry, Phone Entry, Guard At Site

Exterior

  • Exterior Features: East Of Us1, None, Other, Barbecue, Courtyard
  • Deck/Patio: Open Porch, Patio, Screened Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Guest

Location

  • Area: Vista Lago At The Hammock
  • County: Miami-Dade County
  • Subdivision: VISTA LAGO AT THE HAMMOCK
  • Building Name: vISTA LAGO

School Information

  • Middle School: Hammocks
  • High School: Felix Valera

Community

  • Community Name: Vista Lago At The Hammock
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air, Electric, Other
  • Heating Type: Central, Electric, Other

Structural Information

  • Structure Type: Condo 1-4 Stories, Condo
  • Detached/Attached: Detached
  • Construction: Concrete Block With Brick, CBS Construction, Other
  • Entry Floor Number: 1
  • Building Size: 947
  • Square Feet: 947
  • Living Area: 947 Sq. Ft.
  • Year Built: 1988

Lot Features

  • Property View: Garden View, Other View, None
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $327.35
  • Association Fee: $891
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,343
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, FHA-Va Approved

Disclosures and Reports

  • 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
  • Restrictions: No Restrictions, Ok To Lease, Okay To Lease 1st Year, Other Restrictions
  • Property ID: 30-59-09-049-0690

Listed by Stonewater Global Realty

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— 15689 SW 106th Ln #705 —

  • Stonewater Global Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 15689 SW 106th Ln #705

School District:Dade County School District
NameGradesDistance
Dr. Gilbert L. Porter Elementary School
15851 Southwest 112th Street, Miami, FL 33196
PK-50.3 mi
Hammocks Middle School
9889 Hammocks Boulevard, Miami, FL 33196
6-80.6 mi
Felix Varela Senior High School
15255 Southwest 96th Street, Miami, FL 33196
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15689 SW 106th Ln #705 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2026
Listed
$310,000
254.29%
MLS
5/13/2013
Sold
$87,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15689 SW 106th Ln #705

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,671
5%
$203,509
-11%
2024
$3,482
14%
$227,682
25%
2023
$3,046
21%
$182,146
31%
2021
$2,514
-7%
$139,000
-11%
2022
$2,708
16%
$155,680
22%
2019
$2,335
-8%
$128,100
-10%
2018
$2,525
199%
$142,380
72%
2017
$844
9%
$82,577
2%
2016
$771
-1%
$80,879
1%
2015
$781
-2%
$80,317
1%
2014
$798
33%
$79,680
30%
2013
$600
—
$61,274
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Stonewater Global Realty

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15689 SW 106th Ln #705, Miami, FL 33196 (MLS# A12098274) is a Condo property with 2 bedrooms and 2 full bathrooms. 15689 SW 106th Ln #705 is currently listed for $310,000 and was received on September 30, 2026. Want to learn more about 15689 SW 106th Ln #705? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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