
$310,000
CondominiumActive15689 SW 106th Ln # 705, Miami FL 33196
MLS #A12098274About This Property
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.
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Blue Mar Real Estate Group
About Kendall
Kendall is one of Miami-Dade's largest and most family-friendly suburban communities, stretching along US-1 from South Miami toward Homestead. The area is anchored by Dadeland Mall, The Falls shopping center, Zoo Miami, and FIU's research campus, with Metrorail connections into downtown. Varied housing - from single-family homes to condo communities - and strong schools make this a mainstream destination for families at a range of price points.
Property Details
Property Type
Condominium
Year Built
1988
Living Area
947 sq ft
Bedrooms
2
Bathrooms
2
Garage
2 Spaces
Pool
No
Waterfront
No
Cooling
Ceiling Fan(s), Central Air, Electric, Other
Heating
Central, Electric, Other
Flooring
Ceramic Floor, Other
Construction
Concrete Block With Brick, CBS Construction, Other
HOA Fee
$891 / Monthly
Annual Taxes
$3,343 (2025)
Days on Market
0
MLS #
A12098274
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Location
City
Miami
State
FL
ZIP Code
33196
County
Miami-Dade County
Subdivision
VISTA LAGO AT THE HAMMOCK
Listing provided by Graciela Bermudez at Stonewater Global Realty. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12098274.