5440 Palmetto St,FORT MYERS BEACH, FL 33931
FORT MYERS BEACH, FL 33931
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.
Details
| MLS # | 226009291 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 227 |
| Listing Provided By | Premiere Plus Realty Company | J Alex King |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 2,934 |
| Pool | Yes |
| Story(s) | 1 |
| Units | 1 |
| Zoning | TFC2 |
| Acreage | 0.13 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Electric |
| Heating Yes / No | Yes |
| Heating | Central Electric |
| Interior Features | Smoke Detectors |
| Furnished | Turnkey |
| Appliances | Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer |
| Fireplace Yes / No | No |
| Laundry Features | Laundry in Residence |
| Room Dining Room Features | Breakfast Bar, Dining - Living, Eat-in Kitchen |
Exterior
| Exterior Features | Storage |
|---|---|
| Roof | Metal |
| Security Features | Smoke Detector(s) |
| Construction Materials | Wood Frame, Wood Siding |
| Lot Features | Regular |
| Patio And Porch Features | Patio |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Driveway Paved |
Taxes
| Tax Annual Amount | 9809.36 |
|---|---|
| Tax Block | 4 |
| Tax Legal Description | GULF HEIGHTS BLK 4 PB 6 PG 39 LOT 13 |
| Tax Year | 2025 |
Area Information
| State | FL |
|---|---|
| County | Lee |
| City | FORT MYERS BEACH |
| Zip Code | 33931 |
| Area | GULF HEIGHTS |
| Community Name | GULF HEIGHTS |
| Listing VS Median (in GULF HEIGHTS) | |
Price: $1,999,000 low | high Med: $1,149,000 sqft: 2,934 low | high Med: 1,160 $ / sqft: $681 low | high Med: $991 On site: 227 low | high Med: 43 | |
Market Activity 33931
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | FORT MYERS BEACH |
| Zip Code | 33931 |
| Area | GULF HEIGHTS |
| Community Name | GULF HEIGHTS |
| Listing VS Median (in GULF HEIGHTS) | |
Price: $1,999,000 low | high Med: $1,149,000 sqft: 2,934 low | high Med: 1,160 $ / sqft: $681 low | high Med: $991 On site: 227 low | high Med: 43 | |
