For sale Condo

Listed May 22, 2026

$179,900 Est. $1,190/mo

5815 Legacy Crescent Place #202

  • 2

    Beds

  • 2

    Baths

  • 1,089

    Sq ft

The story

  • Pool

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.

Facts & features

Home type

Condo

Year built

1999

Floors

3

Price per sq ft

$165

HOA

$580 / monthly

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Central, Electric

  • Appliances

    Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer

  • Flooring

    Ceramic Tile, Laminate

  • Roof

    Shingle

  • Exterior

    Lighting, Playground, Private Entrance, Rain Gutters, Sidewalk, Sliding Doors, Storage

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,190 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $958
  • Property tax $180
  • Insurance $52

Includes principal, interest, taxes & insurance.

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Listing Broker

POWELL REALTY

Broker Name

POWELL REALTY

Agent

Cody Powell