Gulf Heights, 5440 Palmetto St, Fort Myers Beach, FL 33931

6Beds
5Baths
2,934SqFt

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Details

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Status:
Active
Parking: No info
Size: 2,934 SqFt (273 m2)
Price: $750/SqFt ($8,071/m2)
Type: Single Family Home
Built: 1971
HOA: N/A
MLS Number: 225041747
View: Landscaped Area, Partial Gulf
Updated: 4 Days ago
Page Views: 0
Unlock the ultimate combination of coastal living and income potential with this beautifully updated 6-bedroom, 5-bath beachside retreat, located just a short stroll from the gulf shoreline! this versatile two-level home is zoned for weekly rentals, making it a perfect investment opportunity—or enjoy it as your personal beach haven. Use it as a single-family home or operate it as a duplex with two fully functional living spaces. This property is ideal for those seeking a coastal lifestyle or lucrative rental opportunities. New roof, new water heater, new siding, new pool equipment. Property is recently remodeled and refreshed throughout! Featuring a private pool and plenty of outdoor space, this home invites relaxation and enjoyment of the coastal ambiance. With its versatile layout and abundance of bedrooms and baths, it offers flexibility for personal use, full-time rental or dual rental strategy. The property is already being rented with the local rental management company with total projected gross revenue of $202,238 annually. Whether you're hosting family gatherings or accommodating vacationers, this beach retreat promises comfort, convenience, and unforgettable memories.
Features
Bedrooms
  • Bedrooms: 6
Bathrooms
  • Bathrooms: 5
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Storage
  • View: Landscaped Area, Partial Gulf
Interior, Heating and Cooling
  • Interior Features: Smoke Detectors
  • Equipment / Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
  • Heating Description: Central Electric
  • Cooling Description: Ceiling Fan(s), Central Electric
Building and Construction
  • Floor Description: Tile
  • Windows/Treatment: No info
  • Construction Type: House
  • Year Built: 1971
  • Style: Two Story, Single Family
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Maintenance Includes: None
    • Taxes: 4789.77
    • Security Information: Smoke Detector(s)
    • Parking Description: Driveway Paved
    • Total Floors in Building: 1
    • Total Units in Building: 1

    Price History

    05/01/2025

    Date

    Listed

    Event

    $2.2M

    Price

    $750 ft2 / $8,071 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by J Alex KingPremiere Plus Realty Company • Buyer Agency Compensation .

    Instant Comps

    $400/ft²
    $500/ft²
    $800/ft²
    $1,000/ft²

    Unit 5440 Palmetto St – Asking

    $750/ft²

    (+7%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $699/ft²
    Community $/Price Range (Closed) $595/ft² – $803/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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