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New listingMLS listing sourceMIAMI REALTORS® MLS
New listingMLS® A12098274
$310,000

15689 SW 106th Lane 705, Miami, FL 33196

Beds
2
Baths
2
Sqft
947
Est. payment$2,933/mo
Home type
Condominium
Year built
1988
Lot size
—
Price / sqft
$327
HOA
$891/mo
Community
VISTA LAGO AT THE HAMMOCK

Property description

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.

Listing activity

Days on market
0
Listed
Sep 30, 2026
MLS listing updated
5 hours ago
Feed last checked
13 minutes ago

Listed by Graciela Bermudez · Stonewater Global Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Walk-In Closet(s), Other
Flooring
Ceramic Tile, Laminate, Other
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Washer
Laundry
Laundry Tub

Heating & cooling

Heating
Central, Electric, Other
Cooling
Ceiling Fan(s), Central Air, Electric, Other
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Assigned, Guest
Attached garage
No

Exterior

Stories
1
Building area
947 sqft
Entry level
1
Patio & porch
Porch - Screened, Porch - Open, Porch, Patio
Exterior features
Courtyard, Barbecue, None
Fencing
Fenced
View
Garden, Other
Waterfront property
No

Lot

Road frontage
East of US-1
Construction

Type & style

Home type
Condominium
Architectural style
Other
Year built
1988
New construction
No

Materials

Construction
CBS, Concrete Block - No Stucco, Other
Property condition
Resale
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
VISTA LAGO AT THE HAMMOCK
MLS area
2590
Security
Entry - Phone/Intercom, Fire Alarm, Key Card Entry, Security Guard, Smoke Detector(s)
Pets allowed
Yes
55+ community
Yes

Association

Has association
Yes
Association fee
$891 monthly
Estimated monthly dues
$891
Amenities
Maintenance, Pool, Clubhouse, Community Room, Parking, Playground, Other
Services included
Common Areas, Hot Water, Maintenance Grounds, Maintenance Structure
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33196
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12098274
Possession
Close Of Escrow, Negotiable
Original list price
$310,000
Parcel number
3059090490690
Annual property tax
$3,343
Tax year
2025
Tax 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
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Clubhouse, Community Room, Parking, Playground, Other
Association Fee Frequency
Monthly
Association Fee Includes
Common Areas, Hot Water, Maintenance Grounds, Maintenance Structure
Association
Yes
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
947
Construction Materials
CBS, Concrete Block - No Stucco, Other
County Or Parish
Miami-Dade
Days On Market
0
Elementary School
Dr. Gilbert L. Porter
High School
Felix Varela
Laundry Features
Laundry Tub
List Price
310000
Listing Contract Date
2026-09-30
Living Area
947
MLSArea Major
2590
Middle Or Junior School
Hammocks
Mls Status
Active
On Market Date
2026-09-30
Patio And Porch Features
Porch - Screened, Porch - Open, Porch, Patio
Photos Count
10
Postal Code
33196
Property Sub Type
Condominium
Property Type
Residential
Road Frontage Type
East of US-1
Rooms Total
0
Security Features
Entry - Phone/Intercom, Fire Alarm, Key Card Entry, Security Guard, Smoke Detector(s)
Senior Community
Yes
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-30T04:00:00Z
Stories Total
1
Subdivision Name
VISTA LAGO AT THE HAMMOCK
Tax Annual Amount
3343
Bathrooms Full
2
Bedrooms Total
2
Waterfront
No
Bathrooms Half
0
General Property Information: Senior Community
Yes
Financial Information: Estimated Monthly Assoc Recurring Fee
891

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 30, 2026ListedMIAMI REALTORS® MLS$310,000$327/sqft

Public tax history

YearProperty taxesAssessment
2025$3,343—

Payment calculator

Estimated monthly payment$2,933/moIllustrative estimate, not a loan offer.
Principal & interest
$1,609
Property taxes
$279
Insurance
$155
Association dues
$891

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

VISTA LAGO AT THE HAMMOCK

Miami · Miami-Dade County · 33196

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Dr. Gilbert L. PorterElementary
—
HammocksMiddle
—
Felix VarelaHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Stonewater Global Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.