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Condominium at 15560 SW 104th TER # 611, Miami FL 33196Active
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Condominium
$309,999$317 / sqft

15560 SW 104th TER # 611, Miami FL 33196

2
Bedrooms
2
Bathrooms
979 sqft
Interior
1989
Year built
$380 / mo
HOA
Condominium
Type

About this home

LOOKING FOR PEACE OF MIND FROM THE CONSTANT MAINTENANCE INCREASES ACROSS SOUTH FLORIDA? This is the LOWEST HOA IN THE AREA — $380.15/month TOTAL, hasn't increased since 2008! Rare find at Biscayne Beach Club: a bright 2-bed/2-bath CORNER UNIT on the GROUND FLOOR in a 2-STORY building, no strict high-rise inspections, no special assessments, EVER. Maintenance includes water/sewer, exterior, landscaping, roof, and trash — an incredible value most South Florida condos can't touch. Updated with GRANITE COUNTERS, updated kitchen, full-size washer/dryer, and all-tile floors throughout. Spacious owner's suite plus a comfortable guest bedroom, tons of natural light, and a screened porch. ROOF REPLACED 2022, community repainted every 5 years, NEW GATE SYSTEM upgrade coming soon. Community is ALL AGES, pet-friendly, with NO RENTAL RESTRICTIONS! A strong hold for investors or a low-cost path to ownership for a primary buyer. Ample parking (no assigned spots needed) right in the heart of the Hammocks, close to shopping and dining. CASH ONLY. Don't miss this one, Opportunities like this don't last!

Features

  • First Floor Entry
  • Walk-In Closet(s)
  • Utility Room/Laundry
  • Other View
  • None

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,948

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,568
HOA
$380 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Canvas Real Estate

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.