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Arden Russo

floridasunriserealty@gmail.com +1(831) 334-9711

Listed by Graciela Bermudez • Stonewater Global Realty

$310,000

Est. payment - /mo

2 Beds

2 Baths

947 SqFt

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 947 sqft

Price per Sqft $327

Subdivision Vista Lago

MLS Listing ID A12098274

Bedrooms 2

Full Baths 2

Construction Status Resale

Year Built 1988

Annual Tax Amount $3,343

Tax Year 2025

Property Sub-Type Condominium

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.

Location

State FL

County Miami- Dade

Community Clubhouse, Playground, Pool

Area 2580

Interior

Interior Features Primary Downstairs, Walk- In Closet(s)

Heating Central, Electric, Other

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

Flooring Ceramic Tile, Other

Fireplace No

Appliance Some Electric Appliances, Dryer, Microwave, Refrigerator, Water Heater, Washer

Laundry Laundry Tub

Exterior

Exterior Feature Fence, None, Porch, Patio

Parking Features Assigned, Guest, Two Spaces

Pool Community

Community Features Clubhouse, Playground, Pool

View Y/N Yes

View Garden, Other

Porch Covered, Open, Patio, Porch, Screened

Total Parking Spaces 2

Building

Construction Status Resale

Others

Pets Allowed Yes

HOA Fee Include Common Areas,Hot Water,Maintenance Grounds,Other,Parking

Senior Community Yes

Tax ID 30-59-09-049-0690

Security Features Phone Entry,Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Listed As- Is

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12098274

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Martin County REALTORS® of the Treasure Coast (MCRTC MLS)

NEARBY SCHOOL & BUSINESS

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Arden Russo

+1(831) 334-9711

Agent License ID: 3540994

15689 SW 106th #705 Miami, FL 33196

Arden Russo

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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