Listing Provided Courtesy of Premiere Plus Realty Company
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.
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.
Property Details
Price:
$2,050,000
MLS #:
226009291
Status:
Active
Beds:
6
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
GULF HEIGHTS
Neighborhood:
gulfheights
Listed Date:
Mar 2, 2026
Finished Sq Ft:
2,934
Total Sq Ft:
2,934
Lot Size:
5,619 sqft / 0.13 acres (approx)
Year Built:
1971
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Bathrooms
5 Full Bathrooms
Cooling
Ceiling Fan(s), Central Electric
Flooring
Tile
Heating
Central Electric
Laundry Features
Laundry in Residence
Exterior
Architectural Style
Two Story, Single Family
Association Amenities
Barbecue, Beach Access, Internet Access
Construction Materials
Wood Frame, Wood Siding
Exterior Features
Storage
Other Structures
Storage
Parking Features
Driveway Paved
Roof
Metal
Security Features
Smoke Detector(s)
Financial
Tax Year
2025
Taxes
$9,809
Map
Community
- Address5440 Palmetto ST FORT MYERS BEACH FL
- SubdivisionGULF HEIGHTS
- CityFORT MYERS BEACH
- CountyLee
- Zip Code33931
Market Summary
Current real estate data for Single Family in FORT MYERS BEACH as of Mar 14, 2026
217
Single Family Listed
164
Avg DOM
818
Avg $ / SqFt
$1,813,331
Avg List Price
Property Summary
- Located in the GULF HEIGHTS subdivision, 5440 Palmetto ST FORT MYERS BEACH FL is a Single Family for sale in FORT MYERS BEACH, FL, 33931. It is listed for $2,050,000 and features 6 beds, 5 baths, and has approximately 2,934 square feet of living space, and was originally constructed in 1971. The current price per square foot is $699. The average price per square foot for Single Family listings in FORT MYERS BEACH is $818. The average listing price for Single Family in FORT MYERS BEACH is $1,813,331. To schedule a showing of MLS#226009291 at 5440 Palmetto ST in FORT MYERS BEACH, FL, contact your Carney Realty & Associates, Inc. agent at 239-574-1965.
Similar Listings Nearby
5440 Palmetto ST
FORT MYERS BEACH, FL