BEDS2
BATHS2 full
SQUARE FEET1,089
MLS#TB8511513
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONALLEGRO 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.
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.00 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $2,485
Year Built: 1999
Amenities
Ceiling Fans(s)
Open Floorplan
Split Bedroom
Thermostat
Walk-In Closet(s)
Window Treatments
Lighting
Playground
Private Entrance
Rain Gutters
Sidewalk
Sliding Doors
Storage
Feature Descriptions
Additional Rooms: Inside Utility
Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Security, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions, Wheelchair Access
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
Days on Site: 55
Directions: 301 S to Bloomingdale. Turn right at light. Community Entry is next to Walgreens. Go thru the main gate and the building will be on you left. look for 5815.
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Ceramic Tile, Laminate
Foundation: Slab
HOA Fee: 580.33/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Number of Pets: 2
Other Equipment: Playground, Private Entrance
Ownership: Fee Simple
Parking: Open
Parking Notes: Open
Pets Allowed: Cats OK, Dogs OK
Pets Restrictions: Verify with association manager
Pets Size: Extra Large (101+ Lbs.)
Pets Weight (Max): 100
Pool: Deck, Gunite, In Ground, Lighting, Outside Bath Access, Self Cleaning
Property Attached Y/N: No
Property Sub-Type: Condominium
Security: Gated Community, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Swimming Pool: Yes
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Underground Utilities, Water Connected
Water: Public
Water Access Y/N: No
Zoning: PD
Listed By / Shown By
Listed By
Agency Name: POWELL REALTY
Agency Contact: 813-843-8311
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 659.93 per month $400.38 Principal & Interest $207.08 Property Tax $52.47 Homeowner's InsuranceChange Payment Information
5815 Legacy Crescent Place, Unit 202 | MLS# TB8511513
This condo located at 5815 Legacy Crescent Place, Unit 202, Riverview, FL 33578 is currently listed for sale with an asking price of $179,900. This property was built in 1999 and has 2 bedrooms and 2 full baths with 1089 sq. ft. Legacy Crescent Place, Unit 202 is located in the ALLEGRO PALM A CONDO subdivision. Search ALLEGRO PALM A CONDO real estate on www.realtymark.net today.