1531 PLACIDA ROAD, #1-204, Englewood, FL, 34223 | $188,000

Discover the perfect blend of desirable Florida living and exceptional income potential at Palm Manor Condominiums. This spacious and meticulously maintained 2-bedroom, 2-bathroom corner unit is bathed in natural light, offering a bright and cheerful atmosphere from the moment you step inside. The home features durable and easy-to-clean brand new luxury vynil flooring throughout, along with the convenience of interior laundry (a highly sought-after amenity). Step out onto your private, screened lanai—the perfect spot for morning coffee or evening cocktails—which includes a valuable large attached storage room. Best of all, this condo is offered fully turnkey furnished, allowing for immediate move-in or immediate rental income. The community is fiscally sound, featuring a new roof installed in 2020 for your peace of mind. The property's biggest advantage is its flexible rental policy, allowing for one-week rentals, positioning it as an outstanding investment opportunity in the booming local market. When you're not at the beach, you can relax and refresh at the sparkling community pool. Location is everything: Situated squarely in the heart of Englewood, you are just moments from grocery stores, retail shopping, and a diverse selection of local restaurants. But the ultimate draw is the proximity to paradise—you are less than 3 miles from the beautiful sandy beaches and Gulf-front amenities of Englewood! Live the Florida dream, or let this property work for you.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Kitchen, Inside
  • Complex: PALM MANOR
  • Year Built: 1981
  • Approx Sq. Feet: 1,056
  • Acreage: 0.03
  • Est. Taxes: $2,925
  • Condo Fee: $1,950 Quarterly
  • Pet Policy: No
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: D6144574
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/D6144574/1531placidaroad_englewood_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/10/2025 9:17:09 PM)
Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE   Phone: 941-254-6467

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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1531 PLACIDA ROAD, #1-204, Englewood, FL, 34223

$188,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $150,400 $150,400 $150,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.583% 6.533% 5.764%
Monthly Tax Payment $244 $244 $244
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $890 $938 $1,228
Total Monthly Payment $1,209 $1,257 $1,547

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.