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$179,900
RIVERVIEW, FL 33578
Estimated payment $2,065/month
includes HOA $580/mo · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
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.
Tour with a local agent
| Date | Event | Price |
|---|---|---|
| 2026-05-22T00:00:00.000Z | Listed for sale | $179,900$165/sqft |
Cody Powell
POWELL REALTY
Brokerage Phone: 904-422-1224
Source: Stellar MLS · MLS #TB8511513
Data Powered by Home Junction, Inc.
BRIDGEPREP ACADEMY OF ADVANCED STUDIES OF HILLSBOROUGH
High · 0.5 mi
BRIDGEPREP ACADEMY OF RIVERVIEW
Elementary · 0.5 mi
SPOTO HIGH SCHOOL
High · 1.2 mi
Walmart Neighborhood Market
1.3 mi
Publix
1.3 mi
Winn-Dixie
1.3 mi
Kitchen Del Ricardo
0.2 mi
Wolfe's Produce
0.3 mi
Munchies Pizza
0.4 mi
Palms at Magnolia Park Dog Park
0.8 mi
Sterling Ranch Park
0.9 mi
Sterling Ranch Park Playground
0.9 mi
Gardenville Beach
5.1 mi
Apollo Beach
9.5 mi
Picnic Island Beach
13.4 mi
Nearby amenity locations include data © OpenStreetMap contributors.