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5815 LEGACY CRESCENT PLACE UNIT 202

Condo/Co-op For Sale
$179,900

BTC: 2.24875000

ETH: 74.95833333

-$5K (2026/07/07)
94 days
2 bds
2 ba
1,089 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Open
Year Built:
1999
Lot:
17 Square Feet
Heating:
Central / Electric
Price/sqft:
$165
Cooling:
Central Air
HOA:
$580

Valuation

Our model vs. what's actually selling nearby.
Estimate
$165,000
$138K – $192K
Confidence Low
List vs. estimate
$14K above estimate
List $179,900 · +9.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$165
+11.8% vs. city median $147
Based on
26 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,485
2025
HOA
$580/mo
Common Area Taxes, Community Pool, Escrow Reserves Fund
Pool
Deck
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Ice Maker

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Split Bedroom

    • Thermostat

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Open

    Property

    • Levels: One

    • Exterior Features: Lighting / Playground / Private Entrance / Rain Gutters / Sidewalk / Sliding Doors / Storage

    Lot

    • Lot: 17 Square Feet

    Other Property Information

    • Parcel Number: U06302090400581500202.0

    • Zoning: PD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Fire Hydrant

    • Phone Available

    • Public

    • Sewer Connected

    • Street Lights

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA: $580

    • HOA Frequency: Monthly

    • Annual tax amount: $2,485

  • Source details

    • MLS ID: TB8511513

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Pool Features: Deck / Gunite / In Ground / Lighting / Outside Bath Access / Self Cleaning

    • Direction Faces: North

    • Living Area: 1089

    • Water Source: Public

    • Subdivision Name: ALLEGRO PALM A CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: POWELL REALTY