5815 Legacy Crescent Place Unit 202, Riverview, FL 33578

$179,900
2
BD
2
BA
1,089
SqFt

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List Price
$179,900
Price Change
▼ $5,000 1783474088
Year Built
1999
Beds
2
County
Hillsborough
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.

Additional Information

City
Riverview
Region
Riverview
Zip
33578
Mo Subdivision
Greater Palm River Point
Neighborhood
Greater Palm River Point
Subdivision
Allegro Palm A Condo
Area
1089
Community Extras
Association Recreation - Owned, Clubhouse, Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, Gated Community - No Guard, Playground, Pool, Sidewalks, Wheelchair Access, Street Lights, Security
Property Description
One Story
Exterior Construction
Block, Stucco
Pool Type
Community, Private
Pets Allowed
Yes
Pet Max Weight
100
Property Style
Condo
Special Sale Provision
None
Additional Rooms
Inside Utility
Minimum Lease
8-12 Months
Interior Features
Ceiling Fans(s), Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Interior Layout
Ceiling Fans(s), Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Community Features
Association Recreation - Owned, Clubhouse, Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, Gated Community - No Guard, Playground, Pool, Sidewalks, Wheelchair Access, Street Lights
Flood Zone
X
Deed Restriction
Yes
Pet Size
Extra Large (101+ Lbs.)
Hoa Fee
$580
Monthly Hoa Amount
580
Financing Available
Cash, Conventional
Heated Square Feet
1089
Stories
3
Exterior Features
Lighting, Playground, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors, Storage
Private Pool
Yes
Community Pool
Yes
Parking Description
Open
Floor Covering
Ceramic Tile, Laminate
HOA Yes/No
Yes
HOA Comm/Assn
Required
Floor Number
2
Pp Sqft
165.2
Levels
One
Occupant Type
Vacant
Subtype
Condo
Roof
Shingle
Property Subtype
Residential
Pool
Yes
DPRYN
Yes
Sewer
Public Sewer
Water Source
Public
Amenities
Clubhouse, Fence Restrictions, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Security, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions, Wheelchair Access
Furnished
Unfurnished

Listing courtesy of POWELL REALTY. 813-843-8311

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