All listings
Pending
Pending1 / 40
Photo 1 of 40
Waterfront · Condominium
$174,900$252 / sqft
15340 SW 106th Ter # 817, Miami FL 33196
Listed
1
Bedrooms
1
Bathrooms
693 sqft
Interior
1987
Year built
$435 / mo
HOA
Condominium
Type
About this home
Stop looking—you've found the perfect handyman special! This 1-bedroom, 1-bath condo in the highly desirable Hammocks Trails community is a fantastic opportunity for an owner-occupant looking to customize their home or an investor seeking great value. Located on the second floor, the unit features a spacious screened-in balcony overlooking the beautiful Hammocks lake, an in-unit washer and dryer, and a walk-in closet. While the condo needs some TLC, it has been priced accordingly, making it an excellent opportunity to build equity. Enjoy all the outstanding amenities the Hammocks community has to offer, including a clubhouse, fitness center, tennis and racquetball courts, multiple community pools, children's playgrounds, patrolling security, and the iconic lakeside jogging and biking trail. Residents also enjoy seasonal community events, top-rated schools, convenient access to Baptist Hospital, shopping, dining, and major roadways. Opportunities like this don't come around often. Priced to sell—schedule your showing today before it's’s gone!
Features
- Second Floor Entry
- Walk-In Closet(s)
- Utility Room/Laundry
- Screened Balcony
- Garden View
- Lake
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.