5440 Palmetto ST , FORT MYERS BEACH, 33931

List Price:   $2,050,000 -

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2934 Total Sq Ft65

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Property 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.

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Listing provided courtesy of Premiere Plus Realty Company


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3878 12TH AVE SE3665 41ST AVE NE2735 36TH AVE SE
$449,900$249,900$299,900
MLS# 216066689MLS# 216044770216066673
3132 SF on 3.33 Acres Built in 20061179 SF on 1.14 Acres Built in 19992,195 SF on 1.14 Acres Built in 2008
3+Den/3 Baths3Bed/2Bath4Bed/3Bath

 

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