5440 Palmetto ST Fort Myers Beach, FL 33931

UPDATED:
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
Bedrooms 6
Full Baths 5
HOA Y/N No
Min Days of Lease 7
Leases Per Year 52
Year Built 1971
Annual Tax Amount $9,809
Tax Year 2025
Lot Size 5,619 Sqft
Acres 0.129
Property Sub-Type Single Family Residence
Source Bonita Springs
New Construction No
Property Description
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
Area Fb04 - Avenida Pescadora To S.Bd
Zoning TFC2
Rooms
Dining Room Breakfast Bar, Dining - Living, Eat-in Kitchen
Kitchen Pantry
Interior
Interior Features Great Room, Split Bedrooms, Guest Bath, Guest Room
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Flooring Tile
Window Features Sliding,Impact Resistant Windows
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Laundry Inside
Exterior
Exterior Feature Storage
Fence Fenced
Pool In Ground, Electric Heat
Community Features BBQ - Picnic, Beach Access, Internet Access, No Subdivision, Non-Gated
Utilities Available Cable Available
Waterfront Description None
View Y/N Yes
View Landscaped Area, Partial Gulf
Roof Type Metal
Porch Patio
Garage No
Private Pool Yes
Building
Lot Description Regular
Story 2
Sewer Central
Water Central
Level or Stories Two, 2 Story
Structure Type Wood Frame,Wood Siding
New Construction No
Others
HOA Fee Include None
Tax ID 33-46-24-W1-00204.0130
Ownership Single Family
Security Features Smoke Detectors
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
Pets Allowed No Approval Needed
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