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$179,900

2 Beds 2 Baths 1,089 SQFT 0.00 Acres
Type: Condos

5815 LEGACY CRESCENT PLACE 202
RIVERVIEW, FL 33578

MLS#: TB8511513
Don Helmbrecht
Don Helmbrecht
The Real Estate Advantage
Agent
Phone: 612.202.2299
Office: 763.682.3030
Presented by: POWELL REALTY with 904-422-1224. - 813-843-8311

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.


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Common WallsCorner Unit
Fireplace Y/NNo
FlooringCeramic Tile, Laminate
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Laundry FeaturesInside, Laundry Room
Total Stories3

General

Additional Parcels Y/NNo
Additional RoomsInside Utility
AppliancesBuilt-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
Assoc Fee Paid PerMonthly
Association AmenitiesClubhouse, Fence Restrictions, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Security, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions, Wheelchair Access
Association Fee IncludesCommon 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
Association NameAmanda Cintron
Building Area Units0 sqft
Carport Y/NNo
CityRIVERVIEW
Community FeaturesAssociation Recreation - Owned, Clubhouse, Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, Gated Community - No Guard, Playground, Pool, Sidewalks, Wheelchair Access
Construction MaterialsBlock, Stucco
CoolingCentral Air
CountyHillsborough
Directions301 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.
Facing DirectionNorth
Flood Zone CodeX
Flood Zone Code XY
Full Baths2
Garage Y/NNo
HOA Fee$580.33
HOA Monthly Maintenance0
HeatingCentral, Electric
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionALLEGRO PALM A CONDOMINIUM UNIT 5815-202 AND AN UNDIV INT IN COMMON ELEMENTS
LevelsOne
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet17
Lot Size UnitsSquare Feet
MLS Area33578 - Riverview
Minimum Lease8-12 Months
Monthly HOA Amount$580
New ConstructionNo
Occupancy TypeVacant
OwnershipFee Simple
Pet Size LimitExtra Large (101+ Lbs.)
Pets AllowedCats OK, Dogs OK
Pool FeaturesDeck, Gunite, In Ground, Lighting, Outside Bath Access, Self Cleaning
Property SubtypeCondominium
Property TypeResidential
RoofShingle
Security FeaturesGated Community, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameALLEGRO PALM A CONDO
Tax Annual Amount$2,485
Tax Lot0
Tax Year2025
Total Rooms5
Unit Number202
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Water Access Y/NNo
Water View Y/NNo
Year Built1999
ZoningPD

Exterior

Building Area Total1,191 sqft
Exterior AmenitiesLighting, Playground, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors, Storage
Foundation DetailsSlab
Lot Size Acres0
Lot Size Area17 sqft
Parking FeaturesOpen
Private PoolNo
Road ResponsibilityPrivate Maintained Road
Road Surface TypeAsphalt
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$179,900

2 Beds 2 Baths 1,089 SQFT 0.00 Acres
Type: Condos

5815 LEGACY CRESCENT PLACE 202
RIVERVIEW, FL 33578

MLS#: TB8511513
Don Helmbrecht
Don Helmbrecht
The Real Estate Advantage
Agent
Phone: 612.202.2299
Office: 763.682.3030