5440 Palmetto ST, Fort Myers Beach, FL 33931
- $2,050,000
- 6
- BD
- 5
- BA
- 2,934
- SqFt
- List Price
- $2,050,000
- Listing Price
- $2,050,000
- MLS#
- 226009291
- Status
- ACTIVE
- Bedrooms
- 6
- Beds + Den
- 6 or More
- Bathrooms
- 5
- Living Sq. Ft
- 2,934
- Property Class
- Single Family Residential
- Building Design
- Single Family Residence
- Status Type
- Resale Property
- County
- Lee
- Region
- FB04 - Avenida Pescadora to S.Bd
- Development
- Gulf Heights
- Subdivision
- Gulf 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.
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Additional Information
- Year Built
- 1971
- furnished
- Turnkey
- Pets
- Yes
- Amenities
- Barbecue, Beach Access, Internet Access
- Community Type
- No Subdivision, Non-Gated
- View
- Landscaped Area, Partial Gulf
- Boat Access
- None
- Waterfront Description
- None
- Pool
- Yes
- Building Description
- 2 Story
- Acres
- 0.13
- Restrictions
- None
- Rear Exposure
- SE
- Roof
- Metal
- Flooring
- Tile
- Exterior Features
- Storage
- Water
- Central
- Cooling
- Ceiling Fan(s), Central Electric
- Interior Features
- Smoke Detectors
- Equipment/Appliances Included
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
- Rooms
- Great Room, Guest Bath, Guest Room, Laundry in Residence
- Tax Year
- 2025
Mortgage Calculator
Courtesy of Premiere Plus Realty Company.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.