$2,050,000
5440 Palmetto Street Fort Myers Beach, FL 33931
For Sale MLS# 226009291
6 beds 5 baths 2,934 sq ft Single Family
Details for 5440 Palmetto Street
MLS# 226009291
Description for 5440 Palmetto Street, Fort Myers Beach, FL, 33931
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.
Listing Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 6
Bathrooms: 5
Lot Size: 0.13 Acres
Square Feet: 2,934 sq ft
Year Built: 1971
Stories: 2 Story
Construction: Wood Siding,Wood Frame
Subdivision: Gulf Heights
Furnished: Yes
County: Lee
Days On Market: 24
Construction Status: Resale
Room Information
Bathrooms
Full Baths: 5
Additonal Room Information
Laundry: Inside
Interior Features
Appliances: Range, Refrigerator, Washer, Microwave, Dishwasher, Dryer, Freezer
Flooring: Tile
Doors/Windows: Impact Glass, Sliding
Additional Interior Features: Split Bedrooms, Eat-In Kitchen, Pantry, Breakfast Bar, Living/Dining Room, High Speed Internet, Separate Shower, Shower Only
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,High Speed Internet Available
Cooling: Electric, Ceiling Fan(s), Central Air
Heating: Central, Electric
Exterior / Lot Features
Parking Description: driveway, Two Spaces, Paved
Roof: Metal
Pool: Heated, Electric Heat, In Ground
Lot View: Gulf,Landscaped,Partial
Lot Dimensions: 45 x 125 x 45 x 125
Zoning: TFC2
Additional Exterior/Lot Features: Fence, Storage, Other, Patio, Patio, Rectangular Lot
Community Features
Community Features: Non-Gated, None
Security Features: Key Card Entry, Smoke Detector(s)
Association Amenities: Beach Access, Barbecue, Beach Rights, Picnic Area
Financial Considerations
Terms: All Financing Considered,Cash
Tax/Property ID: 33-46-24-W1-00204.0130
Tax Amount: 9809.36
Tax Year: 2025
A broker reciprocity listing courtesy: Premiere Plus Realty Company
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5440 Palmetto Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5440 Palmetto Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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