5440 Palmetto St, Fort Myers Beach, FL 33931
- 2,934 Sq Ft ($699 per sqft)
- 6
- 5
ID: 226009291
For Sale
:
$2,050,000
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.
Equipment:
- Dishwasher
- Dryer
- Microwave
- Range
- Refrigerator
- Refrigerator/ Freezer
- Washer
Interior Features:
- Smoke Detectors
Exterior Features:
- Storage
Boat Access:
- None
View:
- Y
Amenities:
- Barbecue
- Beach Access
- Internet Access
Financial Information:
- Taxes: $9,809.36
- Tax Year: 2025
Room Dimensions:
- Laundry: Laundry in Residence
Additional Information:
- Building Description: Two Story, Single Family
- Community Type: No Subdivision, Non- Gated
- MLS Area: Gulf Heights
- Total Square Footage: 2,934
- Total Floors: 1
- Water: Central
- Construction: Wood Frame, Wood Siding
- Foreclosure: N
- Date Listed: 2026-03-02 00:00:00
- Pool: Y
- Pool Description: Below Ground, Electric Heat
- Private Spa: N
- Furnished: Turnkey
- Den: N
- Kitchen Description: Pantry
- Parking: Driveway Paved
- Garage Description: N
- Attached Garage: N
- Flooring: Tile
- Roof: Metal
- Heating: Central Electric
- Cooling: Ceiling Fan(S), Central Electric
- Fireplace: N
- Storm Protection: Impact Resistant Windows
- Security: Smoke Detector(S)
- Laundry: Laundry In Residence
- Irrigation: Central
- 55+ Community: N
- Pets: Yes
- Restrictions: None
- Maintenance: None
- Rear Exposure: Se
- Lot Desc.: Regular
- Amenities: Barbecue, Beach Access, Internet Access
Waterfront Description:
- None
Property Location
5440 Palmetto St, Fort Myers Beach, FL 33931
