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About This Home
This 6-bedroom, 5-bathroom single family at 5440 Palmetto St lot: 13 in FORT MYERS BEACH, FL is listed for $2,050,000 ($699 per sqft). Built in 1971, the home offers 2,934 sqft of living space on a 0.13 acres lot.
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.
Key Features
- Built in 1971
- 0.13 acre lot
- 2 stories
- Private pool
Property Details
Amenities
Monthly Cost Estimate
$10,964/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5440 Palmetto St lot: 13
FORT MYERS BEACH, FL 33931
GULF HEIGHTS
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 5-bathroom single family at 5440 Palmetto St lot: 13 is listed at $2,050,000 ($699/sqft). The estimated monthly payment is $8,883 based on 20% down at 6.5% interest.
Key features include: Built in 1971, 0.13 acre lot, 2 stories, Private pool. Interior Features: Great Room, Split Bedrooms, Guest Bath. Exterior Features: Storage.
This property is listed by J Alex King and can be reached at (239) 732-7837 or beach.realtor11@gmail.com.
