Tenant in place! This updated 1-bedroom, 1-bath condo with a versatile loft in the gated community of River Oaks Condo offers an excellent opportunity for passive income today and flexibility for the future. The property is currently leased through February 1, 2027, making it a turnkey investment now, with the option to enjoy it as your own vacation getaway or personal residence once the lease term ends. Inside, the condo has been updated throughout with new flooring, new cabinetry, and premium quartz countertops. The kitchen and bathroom feature modern finishes, while the bathroom also includes a brand-new walk-in shower, updated cabinetry with quartz counters, night lighting, and a built-in Bluetooth speaker for a little added everyday comfort. A real wood-burning fireplace adds warmth and character to the living area, and the screened patio with a private storage room provides a comfortable outdoor space to relax. Upstairs, the loft/bonus room offers great flexibility and can easily serve as a home office, guest area, yoga room, or additional sleeping space. A brand-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 vehicle access, offering both convenience and security. Residents enjoy two swimming pools, a clubhouse, tennis courts, a sauna, and direct access to the Hillsborough River with an on-site dock and seating area for relaxing waterfront views. Private reserved covered parking is included, and the community is pet-friendly. Whether you’re adding a solid income-producing property to your portfolio or planning ahead for a future Florida retreat, this condo offers upgrades, amenities, and built-in rental income from day one.