5440 Palmetto ST, FORT MYERS BEACH, FL, 33931

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$2,050,000
7 Days On Site

5440 Palmetto ST
FORT MYERS BEACH, FL 33931

For Sale|Single Family Residence|Active
6
Beds
5
Total Baths
5
Full Baths
2,934
SqFt
$699
/SqFt
1971
Built
Subdivision:
GULF HEIGHTS
County:
Lee
Listing courtesy of J Alex King of Premiere Plus Realty Company
Call Now: (239) 282-4705
Is this the listing for you? We can help make it yours.
(239) 282-4705
5440 Palmetto ST5440 Palmetto ST5440 Palmetto ST5440 Palmetto ST
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Monthly Payment (Est.)

$9,353
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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.

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Listing Snapshot
Price 
$2,050,000
Days On Site 
7 Days
Bedrooms 
6
Inside Area (SqFt) 
2,934 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.129 Acres
Year Built 
1971
MLS® Number 
226009291
Status 
Active
Property Tax 
$9,809.36
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.129
Direction Faces 
Northwest
Land Lease 
No
Levels 
Two
Number Of Stories 
1
Parking 
DrivewayPaved
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
SqFt Total 
2934
Utilities 
Cable Available
Zoning 
TFC2
Interior Features
Appliances 
DishwasherDryerMicrowaveRangeRefrigeratorWasher
Cooling 
Ceiling Fan(s)Electric
Flooring 
Tile
Heating 
ElectricCentral
Interior 
Breakfast BarEat-in KitchenPantry
Laundry Features 
Inside
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Exterior Features
Construction Details 
Wood Siding
Exterior 
Storage
Fencing 
Fenced
Frontage 
45
Patio And Porch 
Patio
Pool Features 
In GroundElectric HeatPrivate
Private Pool 
Yes
Roof 
Metal
Community Features
MLS Area 
FB04 - Avenida Pescadora to S.Bd
Listing courtesy of J Alex King of Premiere Plus Realty Company



Listing information is provided by Participants of the Bonita Springs Estero Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Bonita Springs Estero Association of Realtors MLS.
Last checked: 2026-03-09 08:07 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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