5440 Palmetto St, Fort Myers Beach, Florida 33931
- $1,999,000
- $1,999,000
Overview
- Single Family Residence, Residential
- 6
- 5
- 2934 Sqft
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.
Address
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Address: 5440 Palmetto St, Fort Myers Beach, Florida 33931
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City: Fort Myers Beach
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State/county: FL
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Zip/Postal Code: 33931
Details
Updated on August 13, 2026 at 8:18 pm-
Property ID 226009291
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Price $1,999,000
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Property Size 2934 Sqft
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Land Area 0.129 Acres
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Bedrooms 6
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Bathrooms 5
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Year Built 1971
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Type Single Family Residence, Residential
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Property Status Active
Additional details
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Roof Metal
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Cooling Ceiling Fan(s), Central Electric
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Heating Central Electric
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Flooring Tile
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County Lee
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Property Type Residential
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Pool Below Ground, Electric Heat
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Parking Driveway Paved
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Waterfront None
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Architectural Style Two Story, Single Family
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