5815 Legacy Crescent Place Unit 202, Riverview, FL 33578
- $179,900
- 2
- BD
- 2
- BA
- 1,089
- SqFt
- List Price
- $179,900
- Status
- ACTIVE
- MLS#
- TB8511513
- Price Change
- ▼ $5,000 1783474088
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,089
- Subdivision
- Allegro Palm A Condo
Property Description
Investors, take note: this bright, spacious corner-unit condo is currently generating $1,795/month in fully guaranteed rental income, with the lease secured through July 31, 2027. At the asking price, this property delivers an outstanding 6.38% ROI — a rare combination of immediate cash flow, zero vacancy risk, and long-term tenant stability. Located on the 2nd floor of a well-maintained, secure community with keypad and fob gate access in Riverview, FL, this nearly 1,100-square-foot, 2-bedroom, 2-bathroom unit offers an open-concept layout with laminate flooring throughout for easy upkeep between tenants. The open floor plan flows seamlessly from the living area to the dining space, creating a functional layout that appeals to long-term renters. The primary suite offers a private retreat with an en-suite bathroom and walk-in closet, while the second bedroom is equally well-appointed with its own king-sized layout and walk-in closet — ideal for tenants seeking a home office or guest space. A private screened lanai with an attached storage room adds practical value that tenants consistently look for, offering year-round outdoor living and extra storage for seasonal items or gear. Riverview's proximity to the Selmon Expressway puts downtown Tampa and the Water Street District less than 15 minutes away, a major draw for tenants commuting into the city. The gated community offers resort-style amenities that support strong occupancy and tenant retention, including two pools, a fitness center with a kids' playroom, a clubhouse with a business center and private movie theater, tennis and pickleball courts, a playground, a dog park, and an on-site car wash center. This is a fully occupied, guaranteed-income asset with a locked lease through mid-2027 and a 6.38% ROI, offering minimal effort and immediate returns for the right investor.
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Additional Information
- HOA Fee
- $580
- Year Built
- 1999
- Construction
- Block, Stucco
- Living Area
- 1,089
- Interior Features
- Ceiling Fans(s), Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
- Amenities
- Clubhouse, Fence Restrictions, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Security, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions, Wheelchair Access
- Cooling
- Central Air
- Heating
- Central, Electric
- Parking
- Open
- Exterior Features
- Lighting, Playground, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors, Storage
- Sewer
- Public Sewer
- Pool Description
- Deck, Gunite, In Ground, Lighting, Outside Bath Access, Self Cleaning
- Stories
- 3
- Pets
- Yes
Listing courtesy of POWELL REALTY.
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