# 15689 SW 106th Ln #705, Miami, FL 33196 > **TL;DR:** 2bd/2ba condo, $310,000 ($327/sqft), built 1988, 947 sqft. > A/C, 2-car garage. Est. $2,549/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $310,000 | | Price/sqft | $327 | | Bedrooms | 2 | | Bathrooms | 2 full | | Square Feet | 947 | | Year Built | 1988 | | Stories | 1 | | Garage | 2-car | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,568 | | Estimated Insurance | $90 | | HOA | $891 | | **Total** | **$2,549** | ## Nearby Schools - **Middle:** Hammocks - **High:** Felix Valera ## Key Amenities - A/C - 2-car garage ## Property Highlights - Built in 1988 ## Description ### Agent 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. ## Location - **Address:** 15689 SW 106th Ln #705, Miami, FL 33196 - **County:** Miami-Dade - **Neighborhood:** VISTA LAGO AT THE HAMMOCK - **Coordinates:** 25.667593, -80.448185 - **Google Maps:** https://www.google.com/maps?q=25.667593,-80.448185 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/mia/A12098274 ## Listing Agent - **Name:** Graciela Bermudez · **License:** 3329366 - **Brokerage:** Stonewater Global Realty LLC - **Broker Phone:** (786) 326-1855 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/15689-SW-106th-Ln-Apt-705_Miami_FL_33196_M58244-20389?f=listhub&s=MAORFL&m=A12098274&c=propsimple) ## Photos ![15689 SW 106th Ln #705 - Photo 1](http://lh.rdcpix.com/563d9a17ff5a7e78d2e2817d4a6f5c43l-f2146851975r.jpg) ![15689 SW 106th Ln #705 - Photo 2](http://lh.rdcpix.com/563d9a17ff5a7e78d2e2817d4a6f5c43l-f3129240916r.jpg) ![15689 SW 106th Ln #705 - Photo 3](http://lh.rdcpix.com/563d9a17ff5a7e78d2e2817d4a6f5c43l-f3835359845r.jpg) ![15689 SW 106th Ln #705 - Photo 4](http://lh.rdcpix.com/563d9a17ff5a7e78d2e2817d4a6f5c43l-f1769309009r.jpg) ![15689 SW 106th Ln #705 - Photo 5](http://lh.rdcpix.com/563d9a17ff5a7e78d2e2817d4a6f5c43l-f2042118446r.jpg) ![15689 SW 106th Ln #705 - Photo 6](http://lh.rdcpix.com/563d9a17ff5a7e78d2e2817d4a6f5c43l-f3633342003r.jpg) ![15689 SW 106th Ln #705 - Photo 7](http://lh.rdcpix.com/563d9a17ff5a7e78d2e2817d4a6f5c43l-f2139789048r.jpg) ![15689 SW 106th Ln #705 - Photo 8](http://lh.rdcpix.com/563d9a17ff5a7e78d2e2817d4a6f5c43l-f2974247872r.jpg) ![15689 SW 106th Ln #705 - Photo 9](http://lh.rdcpix.com/563d9a17ff5a7e78d2e2817d4a6f5c43l-f3949069963r.jpg) ![15689 SW 106th Ln #705 - Photo 10](http://lh.rdcpix.com/563d9a17ff5a7e78d2e2817d4a6f5c43l-f1113844074r.jpg) --- **MLS#:** A12098274 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/15689-sw-106th-ln-miami-fl-33196-bef9b4a257c34b488fd66d8b3e41c3bf) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/15689-sw-106th-ln-miami-fl-33196-bef9b4a257c34b488fd66d8b3e41c3bf#listing", "url": "https://www.propertysimple.ai/listing/15689-sw-106th-ln-miami-fl-33196-bef9b4a257c34b488fd66d8b3e41c3bf", "name": "15689 SW 106th Ln #705, Miami, FL 33196", "description": "Attention Investors! Turnkey investment opportunity in the highly sought-after community of Vista Lago, located within the prestigious Hammocks association. 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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! 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