$849,900

50 Meredith Drive Englewood, FL 34223 • Residential - Condominium • Active

  • 50 Meredith Drive, Unit 8, Englewood, FL 34223 Main Photo

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Description

GULF-FRONT LUXURY WITH IMMEDIATE RENTAL INCOME-2027 RESERVATIONS ALREADY IN PLACE! Discover the perfect combination of luxury coastal living and investment potential at The Palms, an exclusive 12-residence beachfront condominium on beautiful Manasota Key. FULLY FURNISHED, TURNKEY, AND INCOME-PRODUCING, this exceptional 3-bedroom, 3-bath residence offers 1,811 square feet of refined living space, stunning Gulf views, and the rare opportunity to step into an established vacation rental with 2027 BOOKINGS ALREADY SECURED! With WEEKLY RENTALS PERMITTED, this property offers outstanding flexibility for investors seeking rental income while enjoying their own slice of paradise. Located on the desirable south end of Manasota Key, just steps from the pristine beach and a short stroll to popular waterfront restaurants, shopping, and entertainment, this beautifully appointed condominium delivers the ultimate Florida lifestyle. The spacious, open floor plan features tasteful coastal furnishings, diagonal tile flooring, modern lighting, and a well-equipped kitchen with granite countertops, stainless steel appliances, abundant cabinetry, and a breakfast bar. The generous primary suite offers two closets and a luxurious bath with dual vanities, walk-in shower, and separate soaking tub. Relax on your private balcony while taking in Gulf breezes and spectacular sunsets! Additional features include inside laundry, a 2022 AC system, NEW IMPACT WINDOWS (2023), plantation shutters, and abundant storage, including a dedicated storage closet conveniently located near the elevator. Situated on the FIRST ELEVATED FLOOR, the residence provides easy access to the under-building assigned parking, heated swimming pool, and beach via elevator or a short flight of stairs. The Palms has undergone an impressive MULTIMILLION-DOLLAR RENOVATION, including a NEW ROOF IN 2025, leaving this intimate beachfront community in beautiful, like-new condition. Residents and guests enjoy a heated pool, beachfront entertainment area, outdoor shower, ample guest parking, and a well-maintained association. AN EXCEPTIONAL OPPORTUNITY FOR INVESTORS AND BEACH LOVERS ALIKE! Unlike vacation properties that require time to establish a rental business, this turnkey condominium offers the advantage of 2027 RENTALS ALREADY ON THE BOOKS, PROVIDING IMMEDIATE INCOME POTENTIAL FOR THE NEW OWNER. Whether you're seeking a profitable vacation rental opportunity, a seasonal retreat that helps offset ownership costs, or a luxurious Gulf-front residence, this property checks all the boxes. Enjoy the best of Manasota Key with the beach at your doorstep and income opportunities already in place! Ask your agent for the QR code to explore floor plans, virtual walkthroughs, videos, and more.

Property Highlights

Property Type: Residential - Condominium
Cooling: Central Air
Garage: 1 car attached
Heating: Central
Lot Size: 0.04 Acres
Roof Type: Membrane
Stories: 4.0
Taxes: $12,096
Year Built: 2007

General Information

Bedrooms: 3
Bathrooms: 2 Full 1 Half
Sqft: 1,810
County: Charlotte
Subdivision: PALMS/MANASOTA KEY CONDO
Listed By:
Traci Creighton KELLER WILLIAMS ISLAND LIFE REAL ESTATE 941-254-6467

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Open Floorplan
Solid Surface Counters
Solid Wood Cabinets
Thermostat
Walk-In Closet(s)
Window Treatments
Balcony

Room Information

Living Room: 18x14
Kitchen: 12x13
Dining Room: 14x10
Primary Bedroom: 20x14
Bedroom 2: 12x11
Bedroom 3: 12x11
Balcony/Porch/Lanai: 19x9

Property Features

Additional Rooms: Storage Rooms
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Association Amenities: Elevators
Body of Water: GULF OF MEXICO
Community Features: Association Recreation - Owned, Deed Restrictions, Pool
Condo Fee: $5159/ Quarterly
Days on Site: 446
Directions: From SR776, head SW onto Beach Rd. Go approx. 1.5 miles, go left thru the round-about, go approx. 1/3 mile. Complex onRight at corner of Gulf Blvd and Meredith. Park under bldg in non-assigned, or Owner Guest # 8 spot.
Exterior: Block
Flood Zone Code: AE
Flooring: Ceramic Tile
Foundation: Stilt/On Piling
Frontage Gulf Ocean: 85
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.04
Number of Pets: 2
Ownership: Fee Simple
Parking: Assigned, Ground Level, Guest, Basement
Parking Notes: Assigned, Ground Level, Guest, Basement
Pets Allowed: Yes
Pets Restrictions: Tenants may not have pets.
Pets Size: Extra Large (101+ Lbs.)
Pets Weight (Max): 100
Pool: Gunite, Heated, In Ground, Lighting
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Special View Info: Water
Utilities: Electricity Connected, Public
Water: Public
Water Access: Beach, Beach - Access Deeded, Gulf/Ocean
Water Access Y/N: Yes
Waterfront Features: Beach Front
Water View: Gulf/Ocean - Partial
Windows: Insulated Windows, Storm Window(s)
Zoning: MMF12
$849,900
3beds
2.5baths
1,810sqft
1cars
Active
BEDS3 BATHS2 full 1 partial SQUARE FEET1,810 MLS#C7513234
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONPALMS/MANASOTA KEY CONDO

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50 Meredith Drive, Unit 8, Englewood, FL 34223.

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Estimated Payment

$ 4,122.46 per month $2,866.57 Principal & Interest $1,008.00 Property Tax $247.89 Homeowner's Insurance

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About this area

Florida/Englewood
Englewood

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About Englewood

Englewood is located south of Sarasota, and north of Venice. This community offers a wide variety of home styles and price ranges. It’s tucked away, yet still provides easy access to the arts and cultural amenities that make this area so popular. Nature is abundant, and with a strong school system, it’s also great place for families. One of the highlights in Englewood is Manasota Key Road. It boasts luxurious properties that are Gulf- front on one side and bay-front on the other.


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