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.
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
Price:
$179,900
MLS #:
TB8511513
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
ALLEGRO PALM A CONDO
Neighborhood:
33578riverview
Listed Date:
May 22, 2026
Finished Sq Ft:
1,089
Total Sq Ft:
1,191
Year Built:
1999
See this Listing
Schools
Interior
Appliances
Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Laminate
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Laundry Room
Levels
One
Exterior
Association Amenities
Clubhouse, Fence Restrictions, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Security, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions, Wheelchair Access
Common Walls
Corner Unit
Community Features
Association Recreation – Owned, Clubhouse, Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, Gated Community – No Guard, Playground, Pool, Sidewalks, Wheelchair Access
Construction Materials
Block, Stucco
Direction Faces
North
Exterior Features
Lighting, Playground, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors, Storage
Open Parking YN
1
Parking Features
Open
Roof
Shingle
Security Features
Gated Community, Smoke Detector(s)
Financial
HOA Fee
$580
HOA Fee Frequency
Monthly
HOA Includes
Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
HOA Name
Amanda Cintron
HOA Phone
813-620-1733
Tax Year
2025
Taxes
$2,485
Map
Community
- Address5815 LEGACY CRESCENT PLACE UNIT 202 RIVERVIEW FL
- SubdivisionALLEGRO PALM A CONDO
- CityRIVERVIEW
- CountyHillsborough
- Zip Code33578
Market Summary
Property Summary
- Located in the ALLEGRO PALM A CONDO subdivision, 5815 LEGACY CRESCENT PLACE UNIT 202 RIVERVIEW FL is a Condo for sale in RIVERVIEW, FL, 33578. It is listed for $179,900 and features 2 beds, 2 baths, and has approximately 1,089 square feet of living space, and was originally constructed in 1999. The current price per square foot is $165. The average price per square foot for Condo listings in RIVERVIEW is $156. The average listing price for Condo in RIVERVIEW is $190,876. To schedule a showing of MLS#tb8511513 at 5815 LEGACY CRESCENT PLACE UNIT 202 in RIVERVIEW, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of POWELL REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 5815 LEGACY CRESCENT PLACE UNIT 202
RIVERVIEW, FL

