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$650,000
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Property Description
Just 550 ft. from Beach Access 16 this is a rare duplex-zoned lot (RC TFC-2) in the heart of Fort Myers Beach with coveted WEEKLY rental zoning. This property offers prime investment potential just a short walk to the beach. Ideal for building a new duplex or income-producing vacation rental.
Full Property Details
Full Property Details for 5397 Palmetto St
General
- Price: $650,000
- Taxes: (2024)
- Status: Active
- Type: Commercial Land
- Source: Bonita_Springs
- MLS ID: 2025003375
- Updated: 12/10/2025
- Added to Site: 160 day(s) ago
Additional Information
- Shared Amenities: Beach Access, None, No Subdivision
Location
- Area: FB04 - Avenida Pescadora to S.Bd
- County: Lee
- Subdivision: GULF HEIGHTS
- Building Name: GULF HEIGHTS
- Driving Directions: From Estero blvd heading south toward bonita springs, make a left turn onto Dakoda Ave. Then your next left onto Palmetto st. You will arrive at the second unit on the right hand side.
- Direction Faces: Southwest
Community
- Association: Yes
- Assoc. Fees Include: Sewer, Trash, Water, Cable TV
Utilities
- Sewer: Central
- Water: Central, Water Meter Installed
- Utility Description: Electricity Available, Phone Available
Structural Information
- Description/Design: Commercial Lot
- Elevator Desc: 20
- Current Bldg. Use: Multi_MF, Single Family
Lot Features
- Property View: Landscaped Area, Partial Buildings
- Lot Size (Acres): 0.129
- Lot Size (Sq. Ft.): 5,619
- Lot Size Source: Property Appraiser Office
- Lot Dimensions: 50 x 50 x 112 x 112
- Frontage: Public Road
- Frontage Feet: 50
- Street/Road Desc.: Paved
- Road Maintenance: County Maintained
- Irrigation System: Central
- Elevation (Approx.): 20
- Lot Features: Across From Beach Access, Dead End, Cleared, Filled, Home
- Trees/Vegetation: Mostly Cypress, Grassed
- Zoning: RC TFC-2
- Lot Description: Across From Beach Access, Dead End, Cleared, Filled, Home
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $5,038,759
- Tax Year: 2024
- Terms: Buyer Pays Title, Cash, FHA, VA Loan
Disclosures and Reports
- Legal Description: GULF HEIGHTS BLK 2 PB 6 PG 39 LOT 13
- Property ID: 33-46-24-W1-00202.0130
- Section: 33
- Block: 2
- Lot Number: 13
Listed by Jack Keller Inc
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Schools
Schools serving 5397 Palmetto St
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
Fort Myers Beach Elementary School 2751 Oak Street, Fort Myers Beach, FL 33931 | K-5 | 1.9 mi |
Lexington Middle School 16351 Summerlin Road, Fort Myers, FL 33908 | 6-8 | 4.5 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 7.8 mi |
Three Oaks Middle School 18500 Three Oaks Parkway, Fort Myers, FL 33967 | 6-8 | 7.8 mi |
Estero High School 21900 River Ranch Road, Estero, FL 33928 | 9-12 | 7.3 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 7.5 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 8.4 mi |
Bonita Springs Middle Center For The Arts 10141 West Terry Street, Bonita Springs, FL 34135 | 6-8 | 9.9 mi |
Paul Laurence Dunbar Middle School 4750 Winkler Avenue, Fort Myers, FL 33966 | 6-8 | 13 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5397 Palmetto St
Date
Details
Price
Change
Source
8/12/2025
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5397 Palmetto St
5397 Palmetto St, Fort Myers Beach, FL 33931 (MLS# 2025003375) is a Commercial Land property with a lot size of 0.129 acres. 5397 Palmetto St is currently listed for $650,000 and was received on August 12, 2025. Want to learn more about 5397 Palmetto St? Do you have questions about finding other Commercial Land real estate for sale in Fort Myers Beach? You can browse all Fort Myers Beach real estate or contact a Coldwell Banker agent to request more information.

