Residential Property - Condominium in Tampa
Listing Price: $169,900 (Mortgage Calculator →)
Description of Property
PRICE IMPROVEMENT - Tenant in place through February 1, 2027, with income from day one. This updated 1-bedroom, 1-bath condo with a loft in the gated River Oaks community is a solid opportunity for investors who want reliable cash flow and long-term stability. The current lease is already in place, which removes the cost and stress of marketing, screening, and vacancy. You start earning immediately, and you gain a well-maintained property with future flexibility once the lease ends. Inside, the condo has been updated throughout with new flooring, new cabinetry, and premium quartz countertops. The kitchen and bathroom feature modern finishes. The bathroom includes a brand-new walk-in shower, updated cabinetry with quartz counters, night lighting, and a built-in Bluetooth speaker. A real wood-burning fireplace adds character to the living area. The screened patio with a private storage room offers a quiet outdoor space. The loft upstairs is a flexible bonus area that works well as an office, guest space, or additional sleeping area. A new air conditioning system was installed in September 2025 for added peace of mind. River Oaks is a gated community with a 24-hour guard and secure barcode access. Amenities include two swimming pools, a clubhouse, tennis courts, a sauna, and direct access to the Hillsborough River with an on-site dock and seating area. Reserved covered parking is included, and the community is pet friendly. This property offers a dependable tenant, updated interiors, strong community amenities, and built-in income. It is a smart addition to any portfolio and a great option for investors who want predictable returns with the flexibility to use the property personally in the future.
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 975
Garage: No
Carport: Yes1 vehicles
Parking Features: Covered
Community Pool: Yes
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Tampa
County: Hillsborough
Subdivision: River Oaks Condo I
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 975
Sq. Ft. Living Area: 975
Cost per (heated) sqare foot: $174
Year built: 1981
Annual Tax: $2,149
Add'l Maint. Fee: $123
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Recreational Facilities
Appliances: Washer
Fireplace: Yes
Fireplace Features: Wood Burning
Additional Rooms: Loft
Flooring: Luxury Vinyl
Schools
Elementary School: Robles-HB
Middle/Junior High School: Greco-HB
High School: King-HB
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Carport: Yes
Carport Spaces: 1
Parking Features: Covered
Floors Total: 2
Floors in Unit: Multi/Split
Cooling: Central Air
Heating & Fuel: Central
Security Features: Security Gate
View: Trees/Woods
Sewer: Public Sewer
Water Source: Public
Community Features: Pool
Lot Information
Lot Size (acres): 0.01
Lot Size (sq. ft.): 2 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: FHA
Parcel Number: U2828191KW00000100121.0
Zoning: RMC-20
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: RIVER OAKS CONDOMINIUM I PHASE 1 BLDG 1 UNIT 121 TYPE AL .66% UNDIVIDED SHARES IN COMMON ELEMENTS EXPENSES AND SURPLUS
Section: 28
Range: 19
Listing courtesy of ALIGN RIGHT REALTY RIVERVIEW. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.