5440 Palmetto St

Fort Myers Beach, FL 33931

$2,050,000

$699 per ft²
$2,050,000
$699 per ft²
Active
Active
 - For Sale
beds
6 Beds
baths
5 Baths
carpenters-square
2934 ft²
property_type
Single Family Residence
calendar
Built 1971
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 spacesideal 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 returnperfect for hosting unforgettable family gatherings or welcoming vacationing guests year-round.

MLS# 226009291
REALTY EZ
Realty EZ
Mobile: (239) 977-5642 Email: office@knowledgebasefl.com

Interior Features

Appliances:   Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Cooling:   Ceiling Fan(s), Central Electric
Heating:   Central Electric
Flooring:   Tile
Furnished?:   Turnkey
Misc Interior:   Great Room, Split Bedrooms, Guest Bath, Guest Room

Exterior/Building Features

Acres:   0.129
Building Name:   GULF HEIGHTS
Community Features:   BBQ - Picnic, Beach Access, Internet Access, No Subdivision, Non-Gated
Construction Materials:   Wood Frame, Wood Siding
Garage Spaces:   0
Levels:   Two, 2 Story
Parking Features:   2+ Spaces, Driveway Paved
Security Features:   Smoke Detectors
Other Exterior:   Storage

School Information

High School:   null
Middle School:   null
Elementary School:   null

Other Property Details

Pets Allowed:   No Approval Needed
Owner Pays:  
Other Exterior:   Storage
Num Units In Community:   1

 

The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this one are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Data last updated

REALTY EZ
Southwest Florida
Real Estate
Mobile: (239) 977-5642 Email: office@knowledgebasefl.com

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