5440 Palmetto St , Fort Myers Beach, FL 33931

$2,050,000
  • 5440 Palmetto St , Fort Myers Beach, FL 33931 Main Photo

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New to the Market Active
BEDS6 BATHS5 full SQUARE FEET2,934 MLS#226009291
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONGULF HEIGHTS

Property Description

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.

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.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fans, Central Electric
Fenced: Yes
Heating: Central Electric
Lot Size: 0.13 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $9,809
Year Built: 1971

Amenities

Fence
Other
Patio
Storage

Feature Descriptions

Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence
Amenities: BBQ - Picnic, Beach Access, Internet Access
Building Design: Single Family
Community Type: No Subdivision, Non-Gated
Construction: Wood Frame
Days on Site: 2
Dining: Breakfast Bar, Dining - Living, Eat-in Kitchen
Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Exterior: Wood Siding
Flooring: Tile
Furnished: Turnkey
GEO Area: FB04 - Avenida Pescadora to S.Bd
Interior: Internet Available, Smoke Detectors
Irrigation: Central
Kitchen: Pantry
Lot: Regular
Lot Frontage: 45
Master Bath: Shower Only
Minimum Lease Days: 7
Parcel #: 33-46-24-W1-00204.0130
Parking: 2+ Spaces, Driveway Paved
Pets: No Approval Needed
Pool: Below Ground, Heated Electric
Rear Exposure: SE
Road: City Maintained
Sewer: Central
Special View Info: Landscaped Area, Partial Gulf
SQFT Total: 2934
Storm Protection: Impact Resistant Windows
Swimming Pool: Yes
Units in Building: 1
Units in Complex: 1
View: Landscaped Area, Partial Gulf
Water: Central
Windows: Sliding

Listed By / Shown By

Listed By

Agency Name: Premiere Plus Realty Company
Agency Phone: (239) 732-7837

Shown By

Agency Title: Realty Exchange
Agency Phone: 304-523-2225

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Estimated Payment

$ 5,977.74 per month $4,562.41 Principal & Interest $817.42 Property Tax $597.92 Homeowner's Insurance

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