5440 Palmetto ST Fort Myers Beach, FL 33931
6 Beds
5 Baths
2,934 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,934 sqft
Price per Sqft $698
Subdivision Gulf Heights
MLS Listing ID 226009291
Style Resale Property
Bedrooms 6
Full Baths 5
HOA Y/N No
Min Days of Lease 7
Leases Per Year 52
Year Built 1971
Annual Tax Amount $9,809
Tax Year 2025
Lot Size 5,619 Sqft
Acres 0.129
Property Sub-Type Single Family Residence
Source Bonita Springs
Land Area 2934
Property Description
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.
Location
State FL
County Lee
Community No Subdivision, Non-Gated
Area Gulf Heights
Zoning TFC2
Rooms
Dining Room Breakfast Bar, Dining - Living, Eat-in Kitchen
Kitchen Pantry
Interior
Interior Features Smoke Detectors
Heating Central Electric
Flooring Tile
Equipment Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Furnishings Turnkey
Fireplace No
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Heat Source Central Electric
Exterior
Exterior Feature Storage
Parking Features Driveway Paved
Fence Fenced
Pool Below Ground, Electric Heat
Amenities Available Barbecue, Beach Access, Internet Access
Waterfront Description None
View Y/N Yes
View Landscaped Area, Partial Gulf
Roof Type Metal
Porch Patio
Garage No
Private Pool Yes
Building
Lot Description Regular
Story 1
Water Central
Architectural Style Two Story, Single Family
Level or Stories 1
Structure Type Wood Frame,Wood Siding
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 33-46-24-W1-00204.0130
Ownership Single Family
Security Features Smoke Detector(s)
