2934 SQ FT

Year 1971

N/A ROOMS

0.129 ACRES

6 BEDS

5/0 BATHS

N/A CAR(S)

226009291

FORT MYERS BEACH Home for Sale

5440 Palmetto ST

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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Amenities & Features

Listing Details

Price

$1,999,000

Year Built

1971

SQ FT

2934

Levels

1

Lot Size

0.129 ACRES

Tax Key

33-46-24-W1-00204.0130

TaxYear

2025

Property Taxes

$9,809

Exclusions

N/A

Property Type

Single Family Residence

Zoning

TFC2

Property Status

Active

MLS#

226009291

Interior Features

Included Appliances

Dishwasher

Dryer

Microwave

Range

Refrigerator

Refrigerator / Freezer

Washer

Interior Features

Smoke Detectors

Exterior Features

Architectural Style

Two Story, Single Family

Construction Materials

Wood Frame, Wood Siding

Lot Features

Regular

Parking Features

Driveway Paved

Exterior Features

Storage,,,,,,,,,,

Other Structures

Storage,,,,,,,,,,

Storage

Private Pool

Storage

Waterfront Features

None

Utilities

Heating

Central Electric

Cooling

Ceiling Fan(s)

Central Electric

Water Source

Central

Association Amenities

Barbecue, Beach Access, Internet Access

Data Source

Propert ID: 226009291
Source: Naples Area Board of REALTORS®

Photos, Videos & Tours

$1,999,000

5440 Palmetto St

Listed by Premiere Plus Realty Company

FORT MYERS BEACH

About Fort Myers Beach

FOUNDER | CEO

Suzanne Powers

Naples Boutique Broker®

239.682.7476

suzanne@powersrealty.com

Powers Realty Group - Naples / Marco Island

780 Fifth Avenue South, Suite #200
Naples, FL 34102

Suzanne Powers

Request a Showing for

5440 Palmetto ST

$1,999,000

We would love to show you this beautiful property. Please select your preferred showing date and time below. An agent from Powers Realty will be in touch shortly to confirm your appointment.

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