Gulf Heights, 5440 Palmetto St

6
Beds
5
Baths
2,934
SqFt
$750
$/SqFt
High-End House
Built in 1971
Landscaped Area, Partial Gulf View
Two Story, Single Family
Storage
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.
MLS Number: 225041747
Updated: 282 Days ago
Page Views: 0

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

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    Price History

    Date
    Event
    Price
    Change
    Price Per
    05/01/2025
    Listed
    $2.2M
     
    $750 ft2
    $8,071 m2
    05/01/2025
    $2.2M
    Event
    Listed
    Price Per
    $750 ft2
    $8,071 m2
    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 .

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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    11

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    45

    100
    Sound Score®
    Very loud
    68

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    35

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    3 – 6 BR
    Bedrooms
    $675K – $9M
    Price Tier
    1 - 5,370
    SqFt Range
    1973
    Year Build
    1
    Total Floors

    Subdivision Amenities

    Beach Access
    Bike And Jog Path
    Bike Storage
    Boat Storage
    Internet Access
    See Remarks
    Shopping
    Storage
    Barbecue
    Beach Access
    None

    Fort Myers Beach
    High-End
    High-End Homes & Condos