Listing Provided Courtesy of Premiere Plus Realty Company
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.
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.
Property Details
Price:
$2,050,000
MLS #:
226009291
Status:
Active
Beds:
6
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
GULF HEIGHTS
Neighborhood:
gulfheights
Listed Date:
Mar 2, 2026
Finished Sq Ft:
2,934
Total Sq Ft:
2,934
Lot Size:
5,619 sqft / 0.13 acres (approx)
Year Built:
1971
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Bathrooms
5 Full Bathrooms
Cooling
Ceiling Fan(s), Central Electric
Flooring
Tile
Heating
Central Electric
Interior Features
Smoke Detectors
Laundry Features
Laundry in Residence
Levels
1
Exterior
Architectural Style
Two Story, Single Family
Association Amenities
Barbecue, Beach Access, Internet Access
Construction Materials
Wood Frame, Wood Siding
Exterior Features
Storage
Fencing
Fenced
Lot Features
Regular
Other Structures
Storage
Parking Features
Driveway Paved
Patio And Porch Features
Patio
Roof
Metal
Security Features
Smoke Detector(s)
View
Landscaped Area, Partial Gulf
Waterfront Features
None
Financial
Tax Year
2025
Taxes
$9,809
Map
Community
- Address5440 Palmetto ST FORT MYERS BEACH FL
- SubdivisionGULF HEIGHTS
- CityFORT MYERS BEACH
- CountyLee
- Zip Code33931
Subdivisions in FORT MYERS BEACH
- ACREAGE
- ADMIRALS BAY
- BAC-BAY HEALTH + RACQUET CLUB
- BATIKI WEST CONDO
- BAY VILLAGE CONDO
- BAYLAND HEIGHTS
- BAYSIDE ESTATES
- BEACH ESTATES
- BELLA LAGO
- BERMUDA DUNES CONDO
- BOARDWALK CAPER
- BORTONS
- CANE PALM BEACH CONDO
- CAPER BEACH CLUB
- CAPTAINS BAY NORTH
- CAPTAINS BAY SOUTH
- CAPTIVA VILLAS
- CARLOS POINTE
- CASA MARINA
- CASA PLAYA RESORT CONDO
- CASE SUBDIVISION
- CASES
- CASTLE BEACH CONDO
- COQUINA CONDO
- CRECIENTE
- CRECIENTE CONDO EAST
- CRECIENTE CONDO SOUTH
- CRESCENT BEACH
- CRESCENT PARK ADDITION
- CRESCENT SHORE CONDO
- DORONDO HUFFNER UNREC PLAT
- EL SOL
- EMILY LANE LAND CONDO
- ESTERO BAYSIDE
- ESTERO BEACH AND TENNIS CLUB
- ESTERO COVE CONDO
- ESTERO ISLAND YACHT & RACQUET CLUB CONDO
- ESTERO PARK
- EUCALYPTUS PARK
- FAIRVIEW ISLES
- FAIRVIEW ISLES CONDO
- FLAMINGO BAYOU SUBD
- FLAMINGO HARBOUR CONDO
- FLAMINGO LAKES
- FLAMINGO PARK
- FORT MYERS
- GLENVIEW
- GRAND OLE MAN
- GRANDVIEW AT BAY BEACH
- GULF BAY VIEW
- GULF COVE TRAILER PARK CO-OP
- GULF HEIGHTS
- GULF ISLAND MANOR
- GULF SHORES
- GULF VIEW
- GULF VIEW PLAZA
- GULF WATERS RV RESORT
- GULF WESTWIND CONDO
- GULFSIDE 12
- GULLWING BEACH RESORT
- HARBOUR HOUSE AT THE INN
- HARBOUR POINTE
- HARBOUR POINTE CONDO
- HELEN LANE CONDO RV
- HERCULES PARK
- HIBISCUS POINTE
- HIDDEN HARBOR ON THE BAY
- HILLS T.P.
- HOLIDAY HEIGHTS
- HOLIDAY SHORES
- HYDE PARK
- INDIAN BAYOU SUBD
- ISLAND BREEZE
- ISLAND HOUSE BEACH CLUB
- ISLAND REEF CLUB
- ISLAND SHORES
- ISLAND SHORES CONDO
- ISLAND WINDS CONDO
- ISLANDS END
- ISLANDS END CONDO
- LAGUNA SHORES
- LAZY ACRES RANCHETTES UNREC SUBDIVISION
- LEILANI
- LEONARDO ARMS BEACH CLUB
- LOVERS KEY BEACH CLUB AND RESORT
- LYNNS HIGHLAND PARK
- MARINA TOWERS & YACHT CLUB
- MARTIN & LEWIS UNREC
- MATANZAS POINTE
- MATANZAS VIEW
- MCPHIE PARK
- MID ISLAND UNRECORDED SUBDIVISION
- MIRAMAR
- NANCY LANE CONDO
- OCEAN HARBOR CONDO
- OLD PELICAN BAY
- OLD PELICAN BAY VILLAGE
- OSTEGO BAY II
- PALM HARBOR CLUB
- PALM ISLES
- POINTE SOUTH CONDO
- POLYNESIAN VACATION VILLAS
- PORT CARLOS COVE CO-OP INC
- PRIVATEER OF FT MYERS BEACH
- RIVIERA CLUB
- ROYAL PELICAN TOWNHOUSE
- SABAL SHORES
- SAN CARLOS ON THE GULF
- SAND CAPER
- SANDARAC CONDO
- SANDPIPER VILLAGE
- SANIBEL VIEW VILLAS
- SANTA MARIA II
- SANTA MARIA RESORT CONDO
- SANTINI CROSS UNREC
- SEA GRAPE BAY CONDO
- SEAGRAPE
- SEASIDE CONDO
- SHAMRON BEACH CONDO
- SHELL MOUND PARK
- SIESTA ISLES
- SPORTSMANS COVE YACHT & RACQUET CLUB
- SUN CAPER
- SUNSET CONDO
- SWANKS K L SUBD
- THE PALMS OF BAY BEACH
- TIP TOP ISLES
- TIP TOP TERRACE
- TURTLE WALK
- VACATION VILLAS
- VENETIAN GARDENS
- WATERSIDE AT BAY BEACH
- WATSON W W
- WHITE SAND VILLAS
- WHITEWATER COURT
- WINDWARD POINT CONDO
- WINKLERS SUBDIVISION
- YACHTSMANS COVE
- ZIMMERS ADD-SHELL MOUND PK
Market Summary
Current real estate data for Single Family in FORT MYERS BEACH as of Apr 23, 2026
224
Single Family Listed
185
Avg DOM
845
Avg $ / SqFt
$1,932,479
Avg List Price
Property Summary
- Located in the GULF HEIGHTS subdivision, 5440 Palmetto ST FORT MYERS BEACH FL is a Single Family for sale in FORT MYERS BEACH, FL, 33931. It is listed for $2,050,000 and features 6 beds, 5 baths, and has approximately 2,934 square feet of living space, and was originally constructed in 1971. The current price per square foot is $699. The average price per square foot for Single Family listings in FORT MYERS BEACH is $845. The average listing price for Single Family in FORT MYERS BEACH is $1,932,479. To schedule a showing of MLS#226009291 at 5440 Palmetto ST in FORT MYERS BEACH, FL, contact your Century 21 Carioti agent at 2392986550.
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