5440 Palmetto ST

$2,050,000

  • 2934 sqft
  • 6 Beds
  • 5 Baths
  • 0 Garages

General Information

  • List Price : $2,050,000
  • City : FORT MYERS BEACH
  • Acres : 0.129
  • MLS Area : 2934
  • Status Type : Resale Property
  • Approx. Living Area : 2934
  • Furnished : Turnkey
  • Date Created : 2026-03-02
  • MLS Number : 226009291
  • State Or Province : FL
  • Subdivision : GULF HEIGHTS
  • County : Lee
  • Bedrooms : 6
  • Approx. Total Area : 2934
  • Year Built : 1971
  • Potential Short :
  • DOM : 24
  • Address : 5440 Palmetto ST
  • Postal Code : 33931
  • Development : Array
  • Property Type : Residential
  • Bath Full : 5
  • Price per Sq Ft : $365
  • Property Id : 33-46-24-W1-00204.0130
  • Status : Active
  • CDOM : 24

Description

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.

Provided by Premiere Plus Realty Company

Detailed Property Information

  • Ownership : Single Family
  • Waterfront Y/N :
  • Boat Access : None
  • Cooling : Ceiling Fan(s), Central Electric
  • Kitchen : Pantry
  • Amenities : Barbecue, Beach Access, Internet Access
  • Restrictions : None
  • Building Design :
  • View : Landscaped Area, Partial Gulf
  • Waterfront Desc : None
  • Elementary School :
  • High School :
  • Floor Plan Type : Great Room, Split Bedrooms, 2 Story
  • Private Pool Y/N : 1
  • Bedroom Desc :
  • Equipment : Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
  • Additional Rooms : Great Room, Guest Bath, Guest Room, Laundry in Residence
  • Storm Protection : Impact Resistant Windows
  • Building Features :
  • Community Type : No Subdivision, Non-Gated
  • Gulf Access Y/N :
  • Gulf Access Type :
  • Middle School :
  • Pets : Yes
  • Heating :
  • Windows :
  • Flooring : Tile
  • Private Spa Y/N :
  • Dining Desc : Breakfast Bar, Dining - Living, Eat-in Kitchen
  • Exterior Features : Storage

Unit / Building Information

  • Unit Floor : 1
  • Unit Number :
  • Construction : Wood Frame, Wood Siding
  • Total Floors : 1
  • Units in Building : 1
  • Elevator : None
  • Building Desc : 2 Story
  • Units in Complex : 1
  • Roof : Metal

Lot Information

  • Rear Exposure : SE
  • Range :
  • Sewer :
  • Lot Unit :
  • Section :
  • Irrigation : Central
  • Block : 4
  • Township :
  • Water : Central
  • Lot Desc : Regular

Financial Information

  • Condo Fee : 0
  • Approval :
  • Tax Year : 2025
  • Condo Fee Freq :
  • Management : None
  • Possession : Array
  • Tax Desc :
  • Maintenance : None

Additional Details

  • Amenities : Pantry
  • County Or Parish : Lee
  • Foreclosed REOYN :
  • Gulf Access YN :
  • Irrigation : Central
  • Legal Unit :
  • Lot Type :
  • Management : None
  • Master HOA Fee Freq :
  • Original List Price : 2050000
  • Parcel Number : 33-46-24-W1-00204.0130
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Residential
  • Restrictions : None
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix :
  • Street Number : 5440
  • Sub Condo Name :
  • Unit Number :
  • View : Landscaped Area, Partial Gulf
  • Waterfront YN :
  • CDOM : 24
  • Close Date :
  • Community Type : No Subdivision, Non-Gated
  • Date Created : 2026-03-02
  • Full Address : 5440 Palmetto ST
  • Last Change Timestamp : 2026-03-02T15:15:46.030Z
  • List Price : $2,050,000
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : FB04 - Avenida Pescadora to S.Bd
  • Photo Count : 42
  • Possession : Array
  • Potential Short Sale YN :
  • Range :
  • Road :
  • Sewer :
  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info : GULF HEIGHTS
  • Table : Residential
  • Township :
  • Water : Central
  • Zoning Code: TFC2
  • Association Mngmt Phone : (239) 732-7837
  • Boat Access : None
  • Canal Width : $None
  • City : FORT MYERS BEACH
  • Condo Fee : 0
  • Condo Fee Freq :
  • Current Price : $2,050,000
  • DOM : 24
  • Elevation :
  • Gulf Access Type :
  • Master HOA Fee Freq : 0
  • Land Lease Fee Freq :
  • Last Change Type : New Listing
  • Legal Desc :
  • Maintenance : None
  • Mandatory HOA Y/N : 0
  • Matrix Modified DT : 2026-03-26T17:03:34.854Z
  • MLS Number : 226009291
  • Other PI Ds :
  • Photo Modification Timestamp : 2026-03-02T15:35:43.222Z
  • Postal Code : 33931
  • Price Per Acre : 15,891,473
  • Rear Exposure : SE
  • Room Count : 0
  • Source of Measure Lot Dimensions :
  • Status Type : Resale Property
  • Street Name : Palmetto
  • Street Suffix : ST
  • Tax Desc :
  • Tax Year : 2025
  • Trees :
  • Utilities Available :
  • Waterfront Desc :
140 Estero BLVD 2302
$228,000 Residential
140 Estero BLVD 2302
All real estate in SANIBEL VIEW VILLAS
  • 383 sqft
  • 1Beds
  • 1Baths
  • 0 Garages
6670 Estero BLVD A505
$750,000 Residential
6670 Estero BLVD A505
All real estate in SANDARAC CONDO
  • 1,247 sqft
  • 2Beds
  • 2Baths
  • 0 Garages
8000 Lagoon RD
$485,000 Residential
8000 Lagoon RD
All real estate in LAGUNA SHORES
  • 1,110 sqft
  • 2Beds
  • 2Baths
  • 1 Garages
245 Bahia VIA
$999,900 Residential
245 Bahia VIA
All real estate in MCPHIE PARK
  • 2,232 sqft
  • 3Beds
  • 2Baths
  • 1 Garages
210 Ohio AVE
$1,375,000 Residential
210 Ohio AVE
All real estate in HILLS T.P.
  • 968 sqft
  • 2Beds
  • 1Baths
  • 0 Garages
4141 Bay Beach LN 4P3
$899,000 Residential
4141 Bay Beach LN 4P3
All real estate in WATERSIDE AT BAY BEACH
  • 1,713 sqft
  • 3Beds
  • 2Baths
  • 1 Garages
6100 Estero BLVD 2C
$459,900 Residential
6100 Estero BLVD 2C
All real estate in COQUINA CONDO
  • 1,065 sqft
  • 2Beds
  • 2Baths
  • 0 Garages
18196 Cutlass DR
$800,000 Residential
18196 Cutlass DR
All real estate in SIESTA ISLES
  • 1,776 sqft
  • 2Beds
  • 2Baths
  • 1 Garages
65 Cortez WAY
$375,000 Residential
65 Cortez WAY
All real estate in PORT CARLOS COVE CO-OP INC
  • 1,250 sqft
  • 2Beds
  • 2Baths
  • 0 Garages
340 Crescent ST
$2,200,000 Residential
340 Crescent ST
All real estate in NOT APPLICABLE
  • 2,048 sqft
  • 3Beds
  • 4Baths
  • 0 Garages

REQUEST INFO OR SHOWING

5440 Palmetto ST

$2,050,000