5440 Palmetto ST
$2,050,000.00
GULF HEIGHTS
MLS: 226009291
Bedrooms
6 or More
BathRooms
5
Year Build
1971
Payment
$12,274.83
Living Area
2934 sqft
Lot Size in Sq.ft
5619 sqft
List Price/SqFt
$698.70
Status
Active
5440 Palmetto ST at GULF HEIGHTS - $2,050,000.00 - Residential - 6 Beds - 5.0 Baths - 2934 Sqft - 1971 Build. GULF HEIGHTS - Lee - FORT MYERS BEACH - FL
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.
MLS DETAILS
City
FORT MYERS BEACH
County
Lee
Township
NA
ParcelNumber
33-46-24-W1-00204.0130
Development Name
GULF HEIGHTS
Sub Condo
GULF HEIGHTS
Architectural Style
Two Story, Single Family
Courtesy Of
Premiere Plus Realty Company
View
Landscaped Area, Partial Gulf
Showing Instructions
NA
Living Area
2934 Sqft
Lot Size
5619 Sqft
Lot Dimension
45 X 125 X 45 X 125
Furnished
Turnkey
Levels
1
Property Type
Residential
Road Surface Type
NA
Water Source
Central
Flooring
Tile
Floor Plan Type
Great Room, Split Bedrooms, 2 Story
MLS Area Major
FB04 - Avenida Pescadora to S.Bd
Storm Protection
Impact Resistant Windows
Community Types
No Subdivision, Non-Gated
Community Features
Building Features
Building Description
2 Story
Equipment
Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Rooms Details
Great Room, Guest Bath, Guest Room, Laundry in Residence
FINANCIALS
Recurring Fee
HOA Fee:
$0.00
Master HOA Fee:
$0.00
Condo Fee:
$0.00
Special Assessment Fee:
$0.00
Other Fee:
$0.00
Land Lease:
$0.00
Annual Food & Beverage Min::
$0.00
Mandatory Club Fee:
$0.00
Rec. Lease Fee:
$0.00
Total Anual Recurring Fee:
$0.00
One Time Fee
Mandatory Club Fee:
$0.00
Land Lease:
$0.00
Rec. Lease Fee:
$0.00
Other Fee:
$0.00
Spec Assessment:
$0.00
Transfer Fee:
$0.00
Application Fee:
$0.00
Total One Time Fee:
$0.00
Association Amenities [Included in Fees]
Barbecue, Beach Access, Internet Access
Fee Includes
None
Tax Annual Amount
$9,809.36
INTERIOR FEATURES
Rooms Total
Bedrooms
6
BathroomsFull
5
BathroomsHalf
Living Area
2934 Sqft
Sewer
Utilities
Carport Spaces
Covered Spaces
Electric
Pets Allowed
Yes
Irrigation Source
Central
Garage Spaces
Gas
Green Energy Generation
Irrigation Source
Central
Private Pool
Yes
Pool Features
Below Ground, Electric Heat
Private SPA
No
Spa Features
NA
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Interior Features
Smoke Detectors
Bedroom Features
Dining Room Features
Breakfast Bar, Dining - Living, Eat-in Kitchen
Window Features
Door Features
Laundry Features
Laundry in Residence
Patio And Porch Features
Patio
Spa Features
Cooling
Ceiling Fan(s), Central Electric
Heating
Central Electric
Foundation Details
EXTERIOR FEATURES
Total Parking
Roof
Metal
Fencing
Fenced
Frontage Type
Gulf Access
Boat Access
Car Port Spaces
Car Port Desc
Construction Materials
Wood Frame, Wood Siding
Foundation Details
Exterior Features
Storage
Security Features
Smoke Detector(s)
Accessibility Features
Fireplace Features
Parking Features
Driveway Paved
Amenities
Barbecue, Beach Access, Internet Access
Waterfront Features
None
Pool Features
Below Ground, Electric Heat
SCHOOL DETAILS
Elementary School
NA
Elementary School District
NA
Middle / Junior School
NA
Middle / Junior School District
NA
High School
NA
High School District
NA
YOUR REAL ESTATE EXPERT
Rick & Chris Parlante are professional real estate agents specializing in the South West Florida real estate market.
The Parlante Group Real Estate | Downing-Frye Realty, Inc.
8950 Fontana Del Sol Way #100 Naples, FL 34109
Direct Line 239-261-9050 | Fax 239-330-9004
nosnownaples.com | Email: info@nosnownaples.com
CIPS - Certified International Property Specialist