5440 Palmetto ST, Fort Myers Beach, FL 33931
5440 Palmetto ST, Fort Myers Beach, FL 33931
5440 Palmetto ST, Fort Myers Beach, FL 33931
5440 Palmetto ST, Fort Myers Beach, FL 33931
5440 Palmetto ST, Fort Myers Beach, FL 33931
5440 Palmetto ST, Fort Myers Beach, FL 33931
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$ 2,050,000
Est. payment | /mo

6 Beds

5 Baths

2,934 SqFt


Save
$ 2,050,000
Est. payment | /mo
Save

6 Beds

5 Baths

2,934 SqFt

Open House

Thu Jul 09, 12:00pm - 2:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,934 sqft

Price per Sqft $698

Subdivision Gulf Heights

MLS Listing ID 226009291

Style Two Story

Bedrooms 6

Full Baths 5

Construction Status Resale

HOA Y/N No

Year Built 1971

Annual Tax Amount $9,809

Tax Year 2025

Lot Size 5,619 Sqft

Acres 0.129

Lot Dimensions Measured

Property Sub-Type Single Family Residence

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.

Location

State FL

County Lee

Community Gulf Heights

Area Fb04 - Avenida Pescadora To S.Bd

Direction Northwest

Rooms

Bedroom Description 6 or More

Interior

Interior Features Breakfast Bar, Eat-in Kitchen, Living/ Dining Room, Pantry, Shower Only, Separate Shower, High Speed Internet, Split Bedrooms

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Tile

Furnishings Furnished

Fireplace No

Window Features Sliding,Impact Glass

Appliance Dryer, Dishwasher, Freezer, Microwave, Range, Refrigerator, Washer

Laundry Inside

Exterior

Exterior Feature Fence, Other, Patio, Storage

Parking Features Driveway, Paved, Two Spaces

Pool Electric Heat, Heated, In Ground

Community Features Non- Gated, None

Utilities Available Cable Available, High Speed Internet Available

Amenities Available Beach Rights, Beach Access, Barbecue, Picnic Area

Waterfront Description None

View Y/N Yes

Water Access Desc Public

View Gulf, Landscaped, Partial

Roof Type Metal

Porch Patio

Garage No

Private Pool Yes

Building

Lot Description Rectangular Lot

Faces Northwest

Story 1

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Unit Floor 1

Structure Type Wood Siding,Wood Frame

Construction Status Resale

Others

Pets Allowed Yes

HOA Fee Include None

Senior Community No

Tax ID 33-46-24-W1-00204.0130

Ownership Single Family

Security Features Key Card Entry,Smoke Detector(s)

Acceptable Financing All Financing Considered, Cash

Disclosures Owner Has Flood Insurance, Other

Listing Terms All Financing Considered, Cash

Pets Allowed Yes

Listed by Premiere Plus Realty Company • J Alex King

Nearby Locations

Rob Serrano

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(786) 395-2748

robserranorealtor@gmail.com

8100 Governors Square Blvd Suite 405, Miami Lakes, FL, 33016-6201, USA

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5440 Palmetto ST