5440 Palmetto ST, Fort Myers Beach, FL 33931

$2,050,000
6
BD
5
BA
2,934
SqFt

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List Price
$2,050,000
Status
ACTIVE
Days on Market
149
MLS#
226009291
Subtype
Residential
Style
Two Story, Single Family
Year Built
1971
Bedrooms
6
Bathrooms
5
Full Baths
5
Living Area
2,934
Lot Size
5,619
Acres
0.13
Subdivision
Gulf Heights
Neighborhood
Gulf Heights
MLS Area Major
FB04 - Avenida Pescadora to S.Bd

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.

Additional Information

Amenities
Barbecue, Beach Access, Internet Access
Interior Features
Smoke Detectors
Exterior Features
Storage
Taxes
$9,809
Property Description
Two Story, Single Family
Zoning
TFC2
Flooring
Tile
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Heating
Central Electric
Air Conditioning
Ceiling Fan(s), Central Electric
Stories
1
Levels
1
Roof
Metal
Pool
Yes
Parking Features
Driveway Paved
View
Landscaped Area, Partial Gulf

Courtesy of Premiere Plus Realty Company.

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