5440 Palmetto St, Fort Myers Beach, FL 33931
For Sale $2,050,000
Save Property
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.
Smoke Detectors
Barbecue
Beach Access
Internet Access
Taxes: $9,809.36
Tax Year: 2025
Storage
Dishwasher
Dryer
Microwave
Range
Refrigerator
Refrigerator/ Freezer
Washer
Y
Building Description: Two Story, Single Family
Community Type: No Subdivision, Non- Gated
MLS Area: Gulf Heights
Total Square Footage: 2,934
Total Floors: 1
Water: Central
Construction: Wood Frame, Wood Siding
Date Listed: 2026-03-02 00:00:00
Pool: Y
Pool Description: Below Ground, Electric Heat
Furnished: Turnkey
Kitchen Description: Pantry
Parking: Driveway Paved
Flooring: Tile
Roof: Metal
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Storm Protection: Impact Resistant Windows
Security: Smoke Detector(S)
Laundry: Laundry In Residence
Irrigation: Central
Pets: Yes
Restrictions: None
Maintenance: None
Rear Exposure: Se
Lot Desc.: Regular
Amenities: Barbecue, Beach Access, Internet Access
Listing Courtesy Of: Premiere Plus Realty Company
beach.realtor11@gmail.com
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.
Property Details
Price: $2,050,000
Sq Ft: 2,934
($699 per
sqft)
Bedrooms: 6
Bathrooms: 5
City: Fort Myers Beach
County: Lee
Type: Single Family
Development: Gulf Heights
Acres: 0.1290
Year Built: 1971
Listing Number: 226009291
Status Code: A-Active
Taxes: $9,809.36
Tax Year: 2025
Garage:
Furnishings: Turnkey
Pets Allowed: Yes
Interior Features:
Smoke Detectors
Amenities:
Barbecue
Beach Access
Internet Access
Financial Information:
Taxes: $9,809.36
Tax Year: 2025
Exterior Features:
Storage
Equipment:
Dishwasher
Dryer
Microwave
Range
Refrigerator
Refrigerator/ Freezer
Washer
View:
Y
Additional Information:
Building Description: Two Story, Single Family
Community Type: No Subdivision, Non- Gated
MLS Area: Gulf Heights
Total Square Footage: 2,934
Total Floors: 1
Water: Central
Construction: Wood Frame, Wood Siding
Date Listed: 2026-03-02 00:00:00
Pool: Y
Pool Description: Below Ground, Electric Heat
Furnished: Turnkey
Kitchen Description: Pantry
Parking: Driveway Paved
Flooring: Tile
Roof: Metal
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Storm Protection: Impact Resistant Windows
Security: Smoke Detector(S)
Laundry: Laundry In Residence
Irrigation: Central
Pets: Yes
Restrictions: None
Maintenance: None
Rear Exposure: Se
Lot Desc.: Regular
Amenities: Barbecue, Beach Access, Internet Access
Map of 5440 Palmetto St, Fort Myers Beach, FL 33931
Listing Courtesy Of: Premiere Plus Realty Company
beach.realtor11@gmail.com