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
Status
Active
Days on Market
66
Price Change
▼ $5,000 1783474088
MLS#
TB8511513
Property Style
Condo
Year Built
1999
Bedrooms
2
Bathrooms
2
Living Area
1,089
Lot Size
17
Building Name
5815
Legal Subdivision Name
Allegro Palm A Condo
MLS Area Major
Riverview

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

Taxes
$2485
Minimum Lease
8-12 Months
Hoa Fee
$580
HOA Payment Schedule
Monthly
Maintenance Includes
Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
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, Security
Property Description
One Story
Zoning
PD
Interior Layout
Ceiling Fans(s), Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Interior Features
Ceiling Fans(s), Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Floor
Ceramic Tile, Laminate
Appliances
Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Lighting, Playground, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors, Storage
Roof
Shingle
Foundation
Slab
Pool
Community, Private
Pool Type
Deck, Gunite, In Ground, Lighting, Outside Bath Access, Self Cleaning
Garage Features
Open
Pets
Allowed
Max Pet Weight
100
Pet Size
Extra Large (101+ Lbs.)
Floor Number
2
Flood Zone Code
X
Parcel ID
U-06-30-20-904-005815-00202.0
Legal Description
ALLEGRO PALM A CONDOMINIUM UNIT 5815-202 AND AN UNDIV INT IN COMMON ELEMENTS

Listing courtesy of POWELL REALTY. 813-843-8311

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