About This Home

This 2-bedroom, 2-bathroom condo at 5815 LEGACY CRESCENT Place #202 in Riverview, FL is listed for $179,900 ($165 per sqft). Built in 1999, the home offers 1,089 sqft of living space on a 0.00 acres lot.

Key Features

  • Built in 1999
  • 0.00 acre lot

Property Details

1 story
2 full
#202
1999

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$962/mo

20% down · 6.5% · 30 years

Principal$130
Interest$780
Insurance$52

Estimates only. Actual payments may vary.

Location

5815 LEGACY CRESCENT Place #202

Riverview, FL 33578

ALLEGRO PALM A CONDO

Features & Amenities

Interior Features

Ceiling Fans(s)Open FloorplanSplit BedroomThermostatWalk-In Closet(s)Window Treatments

Exterior Features

LightingPlaygroundPrivate EntranceRain GuttersSidewalkSliding DoorsStorage

Property Details

Flooring

LaminateTile - Ceramic

Construction

Block Stucco

Parking

Open

Heating

Electric (Heating)Central

Cooling

Central Air

Appliances

Built-In OvenDishwasherDisposalDryerElectric Water HeaterExhaust FanIce MakerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 2-bathroom condo at 5815 LEGACY CRESCENT Place is listed at $179,900 ($165/sqft). The estimated monthly payment is $962 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1999, 0.00 acre lot. Interior Features: Ceiling Fans(s), Open Floorplan, Split Bedroom. Exterior Features: Lighting, Playground, Private Entrance.

This property is listed by Cody Powell and can be reached at 9047108056.

CP

Cody Powell

Agent at J. Powell Enterprises, LLC

(904) 710-8056

Listed by J. Powell Enterprises, LLC · Broker phone: (904) 710-8056 · View on Broker Site

MLS# TB8511513· Source: Stellar MLS· 124 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5815 LEGACY CRESCENT Place #202, Riverview, FL 33578

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