50 MEREDITH Drive 8 Under contract-accepting backup offers. 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.