We are the World
5440 Palmetto St, FORT MYERS BEACH, FL 33931
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  • MLS#: 226009291 ( Residential )
  • Street Address: 5440 Palmetto St
  • Viewed: 1
  • Price: $2,050,000
  • Price sqft: $699
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1971
  • Bldg sqft: 2934
  • Bedrooms: 6
  • Total Baths: 5
  • Full Baths: 5
  • Additional Information
  • Geolocation: 26.4318 / -81.914
  • County: LEE
  • City: FORT MYERS BEACH
  • Zipcode: 33931
  • Subdivision: Gulf Heights
  • Bonita Springs-Estero Board of Realtors
  • DMCA Notice
  • 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 spacesideal 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 returnperfect for hosting unforgettable family gatherings or welcoming vacationing guests year round.
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Features
Building and Construction
  • Exterior Features: Storage
  • Fencing: Fenced
  • Flooring: Tile
  • Living Area: 2934
  • Other Structures: Storage
  • Roof: Metal
Land Information
  • Lot Features: Regular
Garage and Parking
  • Parking Features: Driveway Paved
Eco-Communities
  • Pool Features: Below Ground, Electric Heat
  • Water Source: Central
Utilities
  • Cooling: Ceiling Fan(s), Central Electric
  • Heating: Central Electric
  • Pets Allowed: Yes
Amenities
  • Association Amenities: Barbecue, Beach Access, Internet Access
Finance and Tax Information
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
  • Furnished: Turnkey
  • Interior Features: Smoke Detectors
  • Area Major: GULF HEIGHTS
  • Parcel Number: 33-46-24-W1-00204.0130
  • Style: Two Story, Single Family
  • View: Landscaped Area, Partial Gulf
  • Zoning Code: TFC2
  1. We are the World