5370 / 5372 Palmetto Street
Fort Myers Beach, FL 33931
3
Bed
2
Bath
0.13Acre(Lot)
Zoned for weekly rentals, this legal duplex on Palmetto Street offers prime investment potential. The lower-level 1-bedroom, 1-bath unit has been completely remodeled and is currently leased annually, providing steady income. The upper-level 2-bedroom, 1-bath unit features spacious living and a screened front lanai. The backyard, with western exposure, offers ample space for a future pool (with quotes starting around $50,000). Plus, it’s just across the street from a beautiful public beach access and conveniently located south of Publix for easy shopping. Don’t miss this perfect blend of lifestyle and investment!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Roofing Information
ShingleFlooring Information
Tile -
Interior Features
Roof: ShingleWindow Features: SingleHung -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric
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Building Information
Year Built: 1958Building Area Total: 1804Construction Materials: WoodSiding, WoodFramePrivate Pool: NoWater front Features: None -
Exterior Features
Exterior Features: OutdoorShower, RoomForPool
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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: RectangularLotProperty Information
Subdivision: GULF HEIGHTS Source Property Type: ResidentialIncome Zoning Description: RC Property SubType: Duplex Property Age: 68
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Listing Price Information
Listing Price: $989000AllFinancingConsidered, Cash
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Tax Information
Parcel Number: 33-46-24-W1-00203.0080 Tax Lot: 8 Tax Block: 3 Tax Year: 2025 Annual Tax: $8602.68 Tax Legal Desc: GULF HEIGHTS BLK 3 PB 6 PG 39 LOT 8
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Garage Information
Pets Allowed: YesHomeowners Association Information
Association Amenities: BeachRights, BeachAccessCommunity Features: NonGated
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Utility Information
CableAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 132 Egret Street, Fort Myers Beach, FL, 33931 | $1,495,000 | 6 | 5 | 3,557 | 3,557 SqFt |
| 21500 - 21504 Indian Ba.., Fort Myers Beach, FL, 33931 | $2,990,000 | 6 | 4 | -- | |
| 21510/21512 Indian Bayo.., Fort Myers Beach, FL, 33931 | $2,700,000 | 6 | 6 | -- | |
| 21520/522 Indian Bayou .., Fort Myers Beach, FL, 33931 | $2,550,000 | 6 | 5 | 2,852 | 2,852 SqFt |
| 5460 Oak Ridge Avenue, Fort Myers Beach, FL, 33931 | $1,050,000 | 4 | 4 | -- | |
| 3188 Shell Mound Boulev.., Fort Myers Beach, FL, 33931 | $999,500 | 6 | 5 | -- | |
| 114 Lovers Lane, Fort Myers Beach, FL, 33931 | $1,179,000 | 3 | 3 | -- | |
| 2633 Estero Boulevard, Fort Myers Beach, FL, 33931 | $2,100,000 | 7 | 4 | -- | |
| 175 Tropical Shores Way.., Fort Myers Beach, FL, 33931 | $749,000 | 4 | 4 | -- | |
| 161 / 163 Mango Street, Fort Myers Beach, FL, 33931 | $1,999,000 | 5 | 5 | -- |
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Nearby For Sale
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ByOwner last updated this listing 06/28/2026 @ 21:18
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