FL
Lee
Fort Myers Beach
33931
5440 Palmetto Street
5440 Palmetto Street, Fort Myers Beach, FL 33931
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Listing Type
Single Family
Listing Status
Active
42
$1,999,000

Home Details for 5440 Palmetto Street

Price
$1,999,000
Type
Residential
Bedrooms
6
Total Bathrooms
5
Full Bathrooms
5
Square feet
2934
Year built
1971
Lot size acres
0.129
County
Lee
Days on site
177
MLS Listing#
226009291
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.

Property Features
  • House Interior
    • Breakfast Bar
    • Eat-in Kitchen
    • Pantry
    • High Speed Internet
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Electric
  • Heating Information
    • Central
    • Electric
  • Parking
    • Driveway
    • Paved
  • Water Features
    • Public
  • Utilities
    • Cable Available
Listing Courtesy: Premiere Plus Realty Company - 239-732-7837
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Royal Palm Coast Realtor Association.
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