Investor Special Turnkey Studio Condo with Reliable Cash Flow! Secure a low maintenance, income-producing property with a tenant already in place through February 2027, generating $1, 035/month in consistent rental income. This updated studio condo is ideal for investors seeking immediate returns without the headaches of tenant placement or renovations. The unit features fresh interior paint, wood blinds, and an updated kitchen with newer cabinetry, stainless steel appliances, and granite countertops. A closet that adds valuable storage and functionality to the studio layout. Located in the gated, riverfront Waterside Community, residents enjoy a resort-style lifestyle with amenities that support strong tenant retention. These include a sparkling pool, hot tub, fitness center, racquetball courts, indoor sauna, clubhouse, scenic riverwalk with gazebo, community boat ramp, and optional boat and trailer storage. Water, sewer, and trash are included in the HOA. Exterior maintenance is also covered, further reducing ownership costs. The condo includes one assigned parking space plus ample guest parking, all within a secure, well-maintained gated community. Positioned in the Temple Terrace area, the property is conveniently located near USF, Busch Gardens, major commuter routes, shopping, dining, and Tampa International Airport, strengthening long-term rental demand. No vacancy risk, no immediate capital outlay. This is a stress-free, affordable entry point into Tampas rental market and an excellent addition to any investment portfolio.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 3
- Studio Dimensions: 12 x 15
- Studio Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom 1 Dimensions: 7 x 7
- Bathroom 1 Level: First
Interior Features
- Ninguno
- Furnished Description: Unfurnished
- Flooring: Tile
Appliances
- Electric Water Heater
- Microwave
- Range
- Refrigerator
- Laundry Features: Common Area
Heating and Cooling
- Cooling Features: Wall/Window Unit(s)
- Heating Features: Ductless
Kitchen and Dining
- Kitchen Dimensions: 4 x 9
- Kitchen Level: First
Waterfront and Water Access
- Water Body Name: HILLSBOROUGH RIVER
Exterior and Lot Features
- Lighting
- Sidewalk
- Road Responsibility: Public Maintained Road
- Road Surface Type: Paved
Land Info
- Lot Description: Near Public Transit, Sidewalk
- Lot Size Acres: 0.01
- Lot Size Square Feet: 330
Homeowners Association
- Association: Yes
- Association Amenities: Fitness Center, Gated, Laundry, Playground, Pool, Racquetball, Recreation Facilities, Spa/Hot Tub
- Association Fee Frequency: Monthly
- Association Fee 2: 175
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 484
- Association Name: Waterside Condominiums
- Association Name 2: Waterside Condominiums
- Pets Allowed: Yes
- Pet Description: Pet Restrictions: Buyer/Buyers Agent to verify all information with HOA, Max Pet Weight: 100
School Information
- Elementary School: Robles-HB
- High School: King-HB
- Middle School: Greco-HB
Condo Info
- Unit Floor In Building: 1
Rental Info
- Lease Term: Minimum Lease: No Minimum
Amenities and Community Features
- Community Features: Clubhouse, Community Mailbox, Fitness Center, Gated Community - No Guard, Playground, Pool, Racquetball, Sidewalks
Other Property Info
- Community Association WaterFeatures: Community Boat Ramp, Fishing, River, Water Access
- Annual Tax Amount: 943
- Tax Block: 36
- Source Listing Status: Active
- County: Hillsborough
- Directions: From I-75 N Take Exit 47 E Hillsborough Ave Right on Hillsborough Ave, Left on N 50th St, Left on Dolphin Dr to gate.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 33617 - Tampa / Temple Terrace
- Property Subtype: condo
- Source Neighborhood: WATERSIDE CONDO II
- Parcel Number: A-28-28-19-46E-000036-00105.0
- Postal Code Plus 4: 7356
- Public Survey Range: 19
- Public Survey Section: 28
- Subdivision: WATERSIDE CONDO II
- Township: 28
- Zoning: RM-24
- Property Features: Condo Fees: 309 Monthly
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 336
- Year Built: 1986
- Building Area Source: Public Records
- Building Area Total: 336
- Building Name: 4133
- Construction Materials: Block, Concrete, Stucco
- Direction Faces: East
- Foundation Details: Slab
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 40
- Property Condition: Completed
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
- Structure Type: Studio/Efficiency
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Connected
- Water Connected
- Water Source: Public
Home Features
- Security Features: Gated Community