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$179,900

5815 LEGACY CRESCENT PLACE UNIT 202, RIVERVIEW, FL 33578

Active137 days on market

Beds

2

Baths

2

Sq Ft

1,089 sq ft

Year Built

1999

Lot Size

—

Garage

—

About This Property

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 Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8511513
StatusActive
Year Built1999
Stories3
Total Rooms5
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
FacesNorth
SubdivisionALLEGRO PALM A CONDO
CountyHillsborough
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
FlooringCeramic Tile, Laminate
AppliancesBuilt-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer
LaundryInside, Laundry Room
CoolingCentral Air
HeatingCentral, Electric
SecurityGated Community, Smoke Detector(s)

Exterior & Lot

ExteriorLighting, Playground, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors, Storage
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$580 / Monthly
Senior CommunityNo

Financial Details

List Price$179,900
Original Price$184,900
Annual Taxes$2,485 (2025)
FinancingCash, Conventional
ZoningPD
Parcel #U06302090400581500202.0

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.

Location

5815 LEGACY CRESCENT PLACE UNIT 202, RIVERVIEW, FL 33578

Listing Information

OfficePOWELL REALTY
ListedMay 22, 2026

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Home Price

$179,900

20% ($35,980)
6.75%

Loan Term

Principal & Interest$933
Property Tax (est.)$165
Insurance (est.)$150
Total Monthly$1,248
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How to Buy This Home

Multiple financing options available for this $179,900 home in RIVERVIEW.

🏦

Conventional

$8,995 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Hillsborough County SHIP

Varies

Income-qualifying Hillsborough residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 15, 2026.

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