About This Home
This 2-bedroom, 2-bathroom condo at 15689 SW 106th Ln #705 in Miami, FL is listed for $310,000 ($327 per sqft). Built in 1988, the home offers 947 sqft of living space on a N/A lot.
Key Features
- Built in 1988
Property Details
Amenities
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.
Monthly Cost Estimate
$2,549/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
15689 SW 106th Ln #705
Miami, FL 33196
VISTA LAGO AT THE HAMMOCK
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom condo at 15689 SW 106th Ln is listed at $310,000 ($327/sqft). The estimated monthly payment is $2,549 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $891/month.
Key features include: Built in 1988. Interior Features: Bedroom on Main Level, Bathtub, First Floor Entry. Exterior Features: Barbecue, Courtyard, Enclosed Porch.
This property is listed by Graciela Bermudez and can be reached at 3057903494.
