5815 LEGACY CRESCENT PLACE UNIT 202

$179,900

$165/sq ft

$5,000
Price Decreased

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Overview

Bedroom

2

Bath

2

Year Built

1999

Sqft

1089

Property Type

Condominium

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.

Property Details

MLS#

TB8511513

Total Floor in Bldg

3

Address

5815 LEGACY CRESCENT

City

Riverview

State/county

FL

Zip/Postal Code

33578

Area

Allegro Palm A Condo

Country

United States

HOA

Yes

Assoc Fee

$580

Assoc Fee Pd

Monthly

Tax Amount

$2,485

Maint Fee

$--

Tax Year

2025

Built-In Oven

Dishwasher

Disposal

Dryer

Electric Water Heater

Exhaust Fan

Ice Maker

Microwave

Range

Refrigerator

Washer

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