Listing
$179,900
5815 Le••••• Crescent Pl Unit 202 (Sign up for 50 free credits to unlock)Riverview, FL 33578
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.
Property Facts & Features
- Property Type
- Condos
- Status
- Active
- Listed
- May 21, 2026
- Price per Sq Ft
- $165/sqft
- ZIP Code
- 33578
- Full Baths
- 2
- Stories
- 1
- Parking
- Open
- Heating
- Central, Electric
- Cooling
- Central Air
- Construction
- Block, Stucco
- HOA Fee
- $580/mo
- Property Tax (2025)
- $2,485/yr
- Assessed Value
- $131,635
- Last Sold
- $82,500 · Dec 5, 2017
- Neighborhood
- Greater Palm River Point
- County
- Hillsborough
- School District
- Hillsborough County Public Schools
- Cats
- Allowed
- Dogs
- Allowed
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 2
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Land Info
- Additional Parcels: No
- Lot Size Acres: 3.903E-4
- Lot Size Square Feet: 17
Utilities
- Sewer: Public Sewer
- BB/HS Internet Available
- Cable Available
- Electricity Connected
- Fire Hydrant
- Phone Available
- Public
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source: Public
Appliances
- Built-In Oven
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Exhaust Fan
- Ice Maker
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Inside, Laundry Room
Condo Info
- Unit Floor In Building: 2
Other Rooms
- Total Rooms: 5
- Living Room Level: First
Rental Info
- Lease Term: Minimum Lease: 8-12 Months
Pool and Spa
- Pool Features: Deck, Gunite, In Ground, Lighting, Outside Bath Access, Self Cleaning
Home Features
- Other Equipment: Playground, Private Entrance
- Security Features: Gated Community, Smoke Detector(s)
Interior Features
- Ceiling Fans(s)
- Open Floorplan
- Split Bedroom
- Thermostat
- Walk-In Closet(s)
- Window Treatments
- Furnished Description: Unfurnished
- Flooring: Ceramic Tile, Laminate
Garage and Parking
- Parking Features: Open
Kitchen and Dining
- Dining Room Level: First
- Kitchen Level: First
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Electric
- Heating: Yes
Other Property Info
- Annual Tax Amount: 2485
- Source Listing Status: Active
- County: Hillsborough
- 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.
- Tax Year: 2025
- Ownership: Fee Simple
- Area: 33578 - Riverview
- Property Subtype: condo
- Source Neighborhood: ALLEGRO PALM A CONDO
- Parcel Number: U-06-30-20-904-005815-00202.0
- Postal Code Plus 4: 3876
- Public Survey Section: 06
- Subdivision: ALLEGRO PALM A CONDO
- Township: 30
- Zoning: PD
- Property Subtype: Condominium
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Security, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions, Wheelchair Access
- Association Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 580
- Association Name: Amanda Cintron
- Association Phone: 8136201733
- Pets Allowed: Cats OK, Dogs OK
- Pet Description: Extra Large (101+ Lbs.)
- Cats Allowed: Yes
- Dogs Allowed: Yes
Location
Lat 27.89603 · Lng -82.34067