Home > Gulf Heights > 5440 Palmetto St, Fort Myers Beach, FL 33931
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5440 Palmetto St, Fort Myers Beach, FL 33931 - 6 Bedroom Pool Home in Gulf Heights

$2,050,000

MLS Number
226009291
Bedrooms
6 or More
Bathrooms
5 Baths
Living Area
2,934 sq ft
Total Area
2,934 sq ft
Garage Spaces
0
Year Built
1971
Days on Market
19

home 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.

fact_check The Basics

Property Type Single Family
Gulf Access No
Private Pool Yes
Private Spa No
Acres 0.129
Furnished Turnkey
Last Modified 2 weeks ago
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savings Financials & HOA Fees

Foreclosure No
Auction No
Short Sale No
Mandatory HOA No
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roofing Building Features

Building Style 2 Story
Construction Materials Wood Frame, Wood Siding
Cooling Ceiling Fan(s), Central Electric
Elevator None
Floor Plan Great Room, Split Bedrooms, 2 Story
Floors 1
Patio and Porch Patio
Other Structures Storage
Rear Exposure Southeast
Roof Metal
Security Features Smoke Detector(s)
Storm Protection Impact Resistant Windows
View Landscaped Area, Partial Gulf
Water Source Central
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chair Interior Features

Appliances & Equipment Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Interior Features Smoke Detectors
Additional Rooms Great Room, Guest Bath, Guest Room, Laundry in Residence
Kitchen Features Pantry
Flooring Tile
Gas No
Laundry Laundry in Residence
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holiday_village Neighborhood and Community

Pets Allowed Yes
Amenities Barbecue, Beach Access, Internet Access
Neighborhood Gulf Heights
Neighborhood Type No Subdivision, Non-Gated
Included in Fees None
HOA Restrictions None
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travel_luggage_and_bags Leasing Rules

Lease Limits Yes
Leases Per Year 52
Minimum Days of Lease 7
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photo_library Additional Images

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Chris Farrugia, REALTOR Portrait

Chris Farrugia, M.B.A.

Realtor® at The Listing Naples Group

📞 (239) 248-8171
📧 chris@listingnaples.com

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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Listing provided by Premiere Plus Realty Company.

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