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No HOA
Street View
$2,050,000
Monthly Est:$10,204
6 Beds
5 Baths5 full baths
2,934sqft
5440 Palmetto St, Fort Myers Beach, FL 33931
$2,050,000
$10,204/moEst:
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Single Family Residence
Built in 1971
$-- HOA
0.13 acre lot
$699/sq.ft
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.
- Houzeo last checked: 5 hours ago
- Listing updated: July 24, 2026 at 4:41 pm
- Listing Provided by: J Alex King (239) 849-3663 DRE #3251534, Goran Denadija (239) 383-2544 DRE #564915 | Premiere Plus Realty Company (239) 732-7837
- Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 226009291
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1971
HOA Fees
-
Finished Area
2,934 sqft
Lot Size
0.13 acre lot
Basement Area
- sqft
MLS Name
Florida Gulf Coast MLS, Fort Myers
MLS Number
226009291
MLS Status
Active
Days on Market
224
Cumulative Days on Market
144
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 5
Interior
Sewer
Public Sewer
Cooling
Central Air, Ceiling Fans, Electric
Flooring
Tile
Interior Features
Breakfast Bar, Eat In Kitchen, Living Dining Room, Pantry, Shower Only, Separate Shower, High Speed Internet, Split Bedrooms
Exterior Features
Fence, Other, Patio, Storage
Window Features
Sliding, Impact Glass
Heating
Central, Electric
Appliances
Dryer, Dishwasher, Freezer, Microwave, Range, Refrigerator, Washer
Construction
Year Built
Year Built: 1971
Home type
Single Family Residence
Architectural Style
Two Story
Property Condition
Resale
Construction Materials
Wood Siding, Wood Frame
Roof
Metal
Utilities & Energy
Laundry Features
Inside
Water Source
Public
Pool Features
Electric Heat, Heated, In Ground
Parking Features
Driveway, Paved, Two Spaces
Security Features
Key Card Entry, Smoke Detectors
Association Amenities
Beach Rights, Beach Access, Barbecue, Picnic Area
Utilities
Cable Available, High Speed Internet Available
Other Features
Disclosures
Owner Has Flood Insurance, Other
Patio And Porch Features
Patio
Community Features
Non Gated, None
Lot Features
Rectangular Lot
Subdivision Name
Gulf Heights
Price History
| Date | Event | Price |
|---|---|---|
03/02/2026 Source: | Price Decreased | $2,050,000 -6.82% $699/sqft |
05/01/2025 Source: | Listed for Sale | $2,200,000 $750/sqft |
05/01/2025 Source: | Off Market | $2,200,000 $750/sqft |
09/18/2024 Source: | Price Decreased | $2,200,000 -8.33% $750/sqft |
06/04/2024 Source: | Off Market | $2,400,000 +406.09% $818/sqft |
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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Oct 12, 2026, 10:30AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.
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