Discover the perfect blend of coastal living and exceptional income potential with this beautifully updated 6-bedroom, 5-bath beachside retreat featuring direct beach access to the Gulf shoreline. Zoned for WEEKLY RENTALS, this versatile two-level home offers outstanding flexibility. Use it as a spacious single-family residence or operate it as a duplex with two fully functional living spaces—ideal for maximizing rental income, accommodating extended family, or enjoying as your private beach getaway. Recently remodeled and refreshed throughout, the property includes a NEW roof, NEW water heater, NEW siding, and NEW pool equipment, providing modern comfort and peace of mind. The private pool and expansive outdoor areas create the perfect setting for relaxation, entertaining, and embracing the coastal lifestyle. Currently managed by a local rental company, the home offers a projected gross annual rental revenue of $202,238, making it a compelling investment opportunity. With direct beach access, a flexible layout, and strong income potential, this coastal retreat delivers the ultimate combination of lifestyle, convenience, and financial return—perfect for hosting unforgettable family gatherings or welcoming vacationing guests year-round.
Listed By
Agency Name: Premiere Plus Realty Company
Agency Phone: (239) 732-7837
Shown By
Agency Title: Realty Exchange
Agency Phone: 304-523-2225
Estimated Payment
$ 5,977.74 per month $4,562.41 Principal & Interest $817.42 Property Tax $597.92 Homeowner's Insurance
5440 Palmetto St | MLS# 226009291
This single family home located at 5440 Palmetto St , Fort Myers Beach, FL 33931 is currently listed for sale with an asking price of $2,050,000. This property was built in 1971 and has 6 bedrooms and 5 full baths with 2934 sq. ft. Palmetto St is located in the GULF HEIGHTS subdivision. Search GULF HEIGHTS real estate on www.realty-ex.com today.