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5440 Palmetto Street

Fort Myers Beach, FL 33931
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Bed 6

Bed

Bath 5

Bath

SqFt2,934

Sqft

Acres0.13

Acre(Lot)

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 embra cing 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.

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Detail Ic Property Details

Property Type : Residential

Price : $2,050,000

AD Id : 75753783

MLS Id : 226009291

Beds : 6

Lot Size : 0.13 Acre

Living Area Size : 2,934

Year Built : 1971

County : Lee

Subdivision: Gulf Heights

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 5 Full Baths: 5

    Roofing Information

    Metal

    Flooring Information

    Tile
  • Interior Features

    BreakfastBar, EatInKitchen, LivingDiningRoom, Pantry, ShowerOnly, SeparateShower, HighSpeedInternet, SplitBedrooms
    Roof: Metal
    Appliances: Dryer, Dishwasher, Freezer, Microwave, Range, Refrigerator, Washer
    Laundry Features: Inside
    Window Features: Sliding, ImpactGlass
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric

  • Building Information

    Year Built: 1971
    Building Area Total: 2934
    Construction Materials: WoodSiding, WoodFrame
    Stories: 2
    Patio And Porch Features: Patio
    Pool Features: ElectricHeat, Heated, InGround
    Private Pool: Yes
    Water front Features: None
    View: Gulf, Landscaped, Partial
  • Exterior Features

    Exterior Features: Fence, Other, Patio, Storage

  • Lot Information

    Lot Dimensions: 45 x 125 x 45 x 125 Main Square Feet: 0.129 Lot Size Acres: 0.129 Lot Size Source: Appraiser Lot Description: RectangularLot

    Property Information

    Subdivision: GULF HEIGHTS Source Property Type: Residential Zoning Description: TFC2 Property SubType: Single Family Residence Direction Faces: Northwest Levels: Two Property Age: 55

  • Listing Price Information

    Listing Price: $2050000
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 33-46-24-W1-00204.0130 Tax Lot: 13 Tax Block: 4 Tax Year: 2025 Annual Tax: $9809.36 Tax Legal Desc: GULF HEIGHTS BLK 4 PB 6 PG 39 LOT 13

  • Parking Information

    Driveway, Paved, TwoSpaces

    Garage Information

    Pets Allowed: Yes

    Homeowners Association Information

    Included Fees: None
    Association Amenities: BeachRights, BeachAccess, Barbecue, PicnicArea
    Community Features: NonGated, None

  • Utility Information

    CableAvailable, HighSpeedInternetAvailable
  • Location Information

    WaterSource: Public Security Features: KeyCardEntry,SmokeDetectors
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Nearby Home Value

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411 Connecticut Street, Fort Myers Beach, FL, 33931 $839,000 3 2 1,536 1,536 SqFt
160 Little Carlos Lane, Fort Myers Beach, FL, 33931 $6,295,000 4 6 4,095 4,095 SqFt
280 Estrellita Drive, Fort Myers Beach, FL, 33931 $11,900,000 6 9 5,810 5,810 SqFt
8363 Estero Boulevard, Fort Myers Beach, FL, 33931 $999,999 3 3 2,402 2,402 SqFt
8351 Estero Boulevard, Fort Myers Beach, FL, 33931 $6,295,000 5 7 4,610 4,610 SqFt
8552 Lagoon Road, Fort Myers Beach, FL, 33931 $1,379,000 3 2 1,973 1,973 SqFt
8552 Lagoon Road, Fort Myers Beach, FL, 33931 $1,379,000 3 3 1,973 1,973 SqFt
8327 Estero Boulevard, Fort Myers Beach, FL, 33931 $1,875,000 4 3 2,289 2,289 SqFt
8246 Estero Boulevard, Fort Myers Beach, FL, 33931 $3,490,000 3 3 2,236 2,236 SqFt
116 Sand Dollar Drive, Fort Myers Beach, FL, 33931 $1,388,000 3 2 2,254 2,254 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/29/2026 @ 07:34

MLS: 226009291 LISTED BY: J Alex King, Premiere Plus Realty Company 239-732-7837 SOURCE: FGC

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