5440 Palmetto St, Fort Myers Beach, FL 33931
- $1,999,000
- 6
- BD
- 5
- BA
- 2,934
- SqFt
- List Price
- $1,999,000
- Status
- ACTIVE
- Days on Market
- 205
- Price Change
- ▼ $51,000 1786057348
- MLS#
- 226009291
- Subtype
- Residential
- Year Built
- 1971
- Bedrooms
- 6
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 2,934
- Lot Size
- 5,619
- Acres
- 0.13
- Subdivision
- Gulf Heights
- Neighborhood
- Gulf Heights
- Building Name
- Gulf Heights
- MLS Area Major
- FB04 - Avenida Pescadora to S.Bd
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.
Additional Information
- Amenities
- BBQ - Picnic, Beach Access, Internet Access, No Subdivision, Non-Gated
- Interior Features
- Great Room, Split Bedrooms, Guest Bath, Guest Room
- Exterior Features
- Storage
- Flooring
- Tile
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
- Heating
- Central Electric
- Air Conditioning
- Ceiling Fan(s), Central Electric
- Exterior Construction
- Wood Frame, Wood Siding
- Stories
- 1
- Levels
- Two, 2 Story
- Roof
- Metal
- Pool
- Yes
- Parking
- 2+ Spaces, Driveway Paved
- View
- Landscaped Area, Partial Gulf
Courtesy of Premiere Plus Realty Company