Antoinette Bressler - Arterra Realty Logo
$1,999,000
 $10,731 est/mo Sourced by Back At You

5440 Palmetto St,Fort Myers Beach, FL 33931

Fort Myers Beach, FL 33931

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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.

Details

MLS #226009291
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1971
Days On Site243
Listing Provided ByPremiere Plus Realty Company | J Alex King

Features

Bed(s)6
Bath(s) 5 Total
SQ Feet2,934
PoolYes
Story(s)2
ZoningTFC2
Acreage0.13
Property ViewYes

Exterior

Lot FeaturesRectangular Lot

Parking

Garage Yes / NoNo
Parking FeaturesDriveway, Paved, Two Spaces

Taxes

Tax Annual Amount9809.36

Location

Community FeaturesNon Gated, None

Area Information

StateFL
CountyLee
CityFort Myers Beach
Zip Code33931
AreaFB04 Avenida Pescadora to S.Bd
Community NameGULF HEIGHTS
Listing VS Median (in GULF HEIGHTS)
Price:
$1,999,000
low | high
Med:
$1,149,000
92.521260630315% of Average
sqft:
2,934
low | high
Med:
1,160
100% of Average
$ / sqft:
$681
low | high
Med:
$991
4.618429904607% of Average
On site:
243
low | high
Med:
59
100% of Average
Sourced by Back At You

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Learn More About This Property

Antoinette Bressler

Antoinette Bressler

Arterra

 (586) 441-0896antoinette@arterraluxe.com
StateFL
CountyLee
CityFort Myers Beach
Zip Code33931
AreaFB04 Avenida Pescadora to S.Bd
Community NameGULF HEIGHTS
Listing VS Median (in GULF HEIGHTS)
Price:
$1,999,000
low | high
Med:
$1,149,000
92.521260630315% of Average
sqft:
2,934
low | high
Med:
1,160
100% of Average
$ / sqft:
$681
low | high
Med:
$991
4.618429904607% of Average
On site:
243
low | high
Med:
59
100% of Average
Sourced by Back At You
Listing Updated: October 30, 2026 at 12:44:18 PM PDT