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Active - Condominium for sale

15689 SW 106th Ln # 705, Miami FL 33196

2 bds|2 bth|947 sqft

Facts & features

Condominium Property type
45 days on Beycome
1988 Year built
$327 Price/Sqft.
2 car garage Parking
$891/mo HOA

Why you’ll love it

  • Gated
  • Stainless steel
  • Laminate floors
  • In-unit laundry
  • Two assigned parking spaces

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.

Translating description...

Listings courtesy of Stonewater Global Realty.

Listed by: Graciela Bermudez • 305-790-3494 • Stonewater Global Realty

Co-listed by: Stonewater Global Realty

Source: Miami MLS, MLS#: A12098274 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$200,000$420,000
1%20%
0%90%
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Estimated monthly payment

$2,737/mo

  • Mortgage$1,568
  • Property tax$279
  • HOA fee
  • Homeowners insurance
Due at closing$246,450
Down payment held in escrow$62,000
Closing costs$4,650
beycome credit Est.$6,200

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Vista Lago At The Hammock

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AH

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$310,000 Listed price

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$6,200 Credit back

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