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Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
1999
Sq.Footage
1,089
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.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan, Walk-In Closet(s)
-
Total Bedrooms
2
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Cats OK, Dogs OK
Exterior
-
Garage
No
-
Construction Materials
Block, Stucco
-
Other Exterior Features
Lighting, Playground, Private Entrance, Rain Gutters, Storage
-
Parking
Open
-
Pool
Yes
-
Pool Features
Gunite, In Ground, Private
-
Waterfront YN
NO
Area & Lot
-
Lot Size(square feet)
17
-
Property Type
Residential
-
Property Sub Type
Condominium
Price
-
Sales Price
$179,900
-
Tax Amount
$2,485.14
-
Sq. Footage
1,089
-
Price/SqFt
$165
HOA
-
Association
YES
-
Association Fee
$580.33
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
-
Total Monthly Fees
$580.33
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Association Amenities
Clubhouse, Fitness Center, Gated, Playground, Pool, Security, Storage, Tennis Court(s), Trail(s)
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
0
-
Water Source
Public
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Location
County
Hillsborough
Elementary School
Middle School
High School
Listing Courtesy of Cody Powell , POWELL REALTY
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
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