15320 SW 106th Ter 1108, Miami, FL 33196 — MLS photo

Active · Condominium

$305,000

15320 SW 106th Ter 1108, Miami, FL 33196

Beds: 2
Baths: 2
Living area: 1,093 sq ft
$ / sq ft: $279/sq ft
Year built: 1987
Lot size: —
HOA fee: $520 Monthly
Annual tax: $3,755

About this property

PRIME INVESTMENT! Spacious 2BD/2BA in The Hammocks Trails. Features: in-unit W/D, assigned parking - ample guest spots. Community perks: Gym, sauna, lake, & BBQ areas. Located in a quiet, top-tier school district near shopping/dining. Well-maintained & move-in read for your portfolio. High demand area - won't last!

Property location

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15320 SW 106th Ter 1108, Miami, FL 33196

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,093 sq ft
Flooring: Tile
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Other, Refrigerator
Cooling: Central Air
Heating: Central
Interior features: Bedroom On Main Level, Second Floor Entry, Tub Shower

Exterior & Structure

Property type: Condominium
Year built: 1987
Stories: 4
Construction: Block
Exterior features: Other
Pool: Association
View: None

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Assigned, Attached, Garage, Guest, One Space

HOA, Community & Financials

Association fee: $520 Monthly
Fee inclusions: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pools, Reserve Fund, Security
Amenities: Barbecue, Other, Picnic Area, Pool, Sauna
Security: Security Guard
Pets allowed: Conditional, Yes
Annual tax: $3,755
Subdivision: HAMMOCKS TRAILS CONDO
County: Miami-Dade
Days on market: 0
MLS listing ID: A12017552
Listing status: Active

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Monthly HOA ($)

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Estimated monthly cash flow

$69

Cap rate: 6.0%
Net yield: 6.0%
Cash-on-cash return: 1.0%
Gross yield: 11.0%
Mortgage payment: $1,446/mo
Down payment: $76,250
Loan amount: $228,750
Annual NOI: $18,175

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.