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5440 Palmetto ST, FORT MYERS BEACH, FL - photo 1

$1,999,000

5440 Palmetto ST

FORT MYERS BEACH, FL 33931

Estimated payment $10,683/month

HOA not listed, not included · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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6Beds
5Baths
2,934Sq Ft
$681Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

Private Pool
Built in 1971
5,619 sqft Lot

About This Home

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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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:6
  • •Bathrooms:5
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:2,934 sqft
  • •Total interior livable area:2,934 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:5,619 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1971

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Price history

DateEventPrice
2026-03-02T00:00:00.000ZListed for sale$1,999,000$681/sqft

Listing Agent

J Alex King

Premiere Plus Realty Company

Brokerage Phone: 239-732-7837

Source: NABOR Naples · MLS #226009291

Data Powered by Home Junction, Inc.

Nearby

Schools

FORT MYERS BEACH ELEMENTARY SCHOOL

Elementary · 1.9 mi

Supermarkets

Publlix Grocery Store

0.4 mi

Publix

0.5 mi

Dining

coconut Jacks

0.3 mi

Fernando's of Martha's Vineyard

0.6 mi

Munch box

0.7 mi

Parks

Estero Bay Preserve State Park

0.5 mi

Beaches

Fort Myers Beach

2.5 mi

Lynn Hall Memorial Park Beach

2.9 mi

Lovers Key State Park Beach

3.6 mi

Nearby amenity locations include data © OpenStreetMap contributors.