# 5370 / 5372 Palmetto St lot: 8, Fort Myers Beach, FL 33931

> **TL;DR:** 3bd/2ba residential multi family, $989,000, built 1958.
> A/C. Est. $4,286/mo. Listed 24 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $989,000 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Year Built | 1958 |
| Lot Size | 5,619 sqft (0.13 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 24 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,286 |
| **Total** | **$4,286** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1958
- 0.13 acre lot

## Description

### Agent Description
Zoned for weekly rentals, this legal duplex on Palmetto Street offers prime investment potential. The lower-level 1-bedroom, 1-bath unit has been completely remodeled and is currently leased annually, providing steady income. The upper-level 2-bedroom, 1-bath unit features spacious living and a screened front lanai. The backyard, with western exposure, offers ample space for a future pool (with quotes starting around $50,000). Plus, it's just across the street from a beautiful public beach access and conveniently located south of Publix for easy shopping. Don't miss this perfect blend of lifestyle and investment!

## Location

- **Address:** 5370 / 5372 Palmetto St lot: 8, Fort Myers Beach, FL 33931
- **County:** Lee
- **Neighborhood:** GULF HEIGHTS
- **Coordinates:** 26.432568, -81.914912
- **Google Maps:** https://www.google.com/maps?q=26.432568,-81.914912

## Listing Agent

- **Name:** J Alex King
- **Brokerage:** Premiere Plus Realty Company
- **Phone:** (239) 732-7837
- **Email:** beach.realtor11@gmail.com

## Primary Photo

![5370 / 5372 Palmetto St lot: 8 - Primary Photo](http://lh.rdcpix.com/577962f0388bb0114ec0726478ec1c5fl-f3709305516r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/5370-5372-palmetto-st-lot-8-fort-myers-beach-fl-33931-26022906)*

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**MLS#:** 226022906 | **Updated:** 2026-06-25
**Source:** listhub

*Copyright © 2026 Bonita Springs-Estero REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5370-5372-palmetto-st-lot-8-fort-myers-beach-fl-33931-26022906)

---

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  "description": "Zoned for weekly rentals, this legal duplex on Palmetto Street offers prime investment potential. The lower-level 1-bedroom, 1-bath unit has been completely remodeled and is currently leased annually, providing steady income. The upper-level 2-bedroom, 1-bath unit features spacious living and a screened front lanai. The backyard, with western exposure, offers ample space for a future pool (with quotes starting around $50,000). Plus, it's just across the street from a beautiful public beach acces",
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