5440 Palmetto Street, Fort Myers Beach, FL 33931

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

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,050,000
Listing Price
$2,050,000
Days on Market
151
MLS#
226009291
Bedrooms
6
Bathrooms
5
Living Sq. Ft
2,934
Property Class
Single Family Residential
Building Design
Single Family
Status Type
Resale
Status
ACTIVE
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.

Additional Information

Year Built
1971
furnished
Furnished
Pets
Yes
Amenities
Beach Rights, Beach Access, Barbecue, Picnic Area
Community Type
Non-Gated, None
View
Gulf, Landscaped, Partial
Waterfront Description
None
Pool
Yes
Building Description
Two Story
Lot Size
0.129
Construction
Wood Siding, Wood Frame
Rear Exposure
SE
Roof
Metal
Flooring
Tile
Exterior Features
Fence, Other, Patio, Storage
Water
Public
Sewer
Public Sewer
Cooling
Central Air, Ceiling Fan(s), Electric
Interior Features
Breakfast Bar, Eat-in Kitchen, Living/Dining Room, Pantry, Shower Only, Separate Shower, High Speed Internet, Split Bedrooms
Unit Floor
1
Furnished Description
Furnished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Premiere Plus Realty Company.