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5440 Palmetto ST
5440 Palmetto ST
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For Sale

5440 Palmetto ST

5440 Palmetto ST, FORT MYERS BEACH, FL 33931

$2,050,000
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.

6
beds

5
baths

2,934 Sq.Ft. LIVING AREA

5,619.24 Sq.Ft. lot

Alex King

Alex King

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms5
  • full bathrooms5
  • Laundry room Inside
  • Flooring Tile
  • APPLIANCES Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
  • other interior Features Great Room, Split Bedrooms, Guest Bath, Guest Room

Area & Lot

  • Status For Sale
  • Living Area2,934 Sq.Ft.
  • Total Area2,934 Sq.Ft.
  • Lot Area5,619.24 Sq.Ft.
  • MLS® ID226009291
  • TypeResidential
  • YEAR BUILT1971
  • NeighborhoodFort Myers Beach
  • Water FrontageNone
  • View DescriptionLandscaped Area, Partial Gulf

Exterior

  • STORIES2
  • water SourceCentral
  • utilitiesCable Available
  • PoolIn Ground, Electric Heat
  • roofMetal
  • lot featuresRegular
  • parking2 Spaces, Driveway Paved
  • HEAT TYPECentral Electric
  • AIR CONDITIONINGCeiling Fan(s), Central Electric
  • sewerCentral
  • HOA AmenitiesNone
  • security FeaturesSmoke Detectors
  • other exterior FeaturesStorage

Financial

  • Sales Price$2,050,000
  • Real Estate Tax $9,809/yr
  • Zoning TFC2
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 5440 Palmetto ST, FORT MYERS BEACH, FL 33931. We are reviewing your request and will be in touch shortly!

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