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$2,050,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 5 Full Baths
  • 2,934 Sq. Ft.
  • Updated 14 hours ago
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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.

Full Property Details for 5440 Palmetto St

General

  • Price: $2,050,000
  • Taxes: (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bonita_Springs
  • MLS ID: 226009291
  • Updated: Today (3/2/2026)
  • Added to Site: Today

Rental Information

  • Lease/Rent Term: 7
  • Min. Lease (Days): 7

Interior

  • Interior Features: Great Room, Split Bedrooms, Guest Bath, Guest Room
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
  • Furnishings: Turnkey
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Kitchen: Pantry
  • Dining Room: Breakfast Bar, Dining - Living, Eat-in Kitchen
  • Laundry: Inside

Additional Information

  • Shared Amenities: Barbecue (Picnic), Beach Access, Internet Access, No Subdivision, Non-Gated
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Electric Heat
  • Security/Safety: Smoke Detectors

Exterior

  • Exterior Features: Storage
  • Porch/Patio/Deck: Patio

Parking

  • Parking Features: 2+ Spaces, Driveway Paved

Location

  • Area: FB04 - Avenida Pescadora to S.Bd
  • County: Lee
  • Subdivision: GULF HEIGHTS
  • Building Name: GULF HEIGHTS
  • Direction Faces: Northwest

Community

  • Assoc. Fees Include: None
  • Units Assoc/Comm: 1
  • Pets Allowed: Yes
  • Management Type: None

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Electric
  • Heating Type: Central Electric

Utilities

  • Sewer: Central
  • Water: Central
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Description/Design: Single Family Residence
  • Exterior Const.: Wood Frame, Wood Siding
  • Roof: Metal
  • Windows: Sliding, Impact Resistant Windows
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Stories in Building: 1
  • Square Feet: 2,934
  • Sq. Ft. Source: Property Appraiser Office
  • Living Area: 2,934 Sq. Ft.
  • Year Built: 1971

Lot Features

  • Property View: Landscaped Area, Partial Gulf
  • Lot Size (Acres): 0.129
  • Lot Size (Sq. Ft.): 5,619
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 45 x 45 x 125 x 125
  • Frontage Feet: 45
  • Road Maintenance: City Maintained
  • Fence: Yes
  • Irrigation System: Central
  • Lot Features: Regular
  • Zoning: TFC2
  • Lot Description: Regular
  • Fencing (Description): Fenced

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Tax Year: 2025
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Ownership: Single Family
  • Legal Description: GULF HEIGHTS BLK 4 PB 6 PG 39 LOT 13
  • Property ID: 33-46-24-W1-00204.0130
  • Section: 33
  • Block: 4
  • Lot Number: 13

Listed by Premiere Plus Realty Company

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Listing agents

— 5440 Palmetto St —

  • Premiere Plus Realty Company

  • Premiere Plus Realty Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5440 Palmetto St

School District:Lee County School District, Fort Myers, FL
NameGradesDistance
Fort Myers Beach Elementary School
2751 Oak Street, Fort Myers Beach, FL 33931
K-51.9 mi
Lexington Middle School
16351 Summerlin Road, Fort Myers, FL 33908
6-84.6 mi
Cypress Lake Middle School
8901 Cypress Lake Drive, Fort Myers, FL 33919
6-87.8 mi
Estero High School
21900 River Ranch Road, Estero, FL 33928
9-127.3 mi
Cypress Lake High School
6750 Panther Lane, Fort Myers, FL 33919
9-127.5 mi
South Fort Myers High School
14020 Plantation Road, Fort Myers, FL 33912
9-128.4 mi
Bonita Springs High School
25592 Imperial Parkway, Bonita Springs, FL 34135
9-1210.1 mi
Fort Myers High School
2635 Cortez Boulevard, Fort Myers, FL 33901
9-1213.7 mi
Dunbar High School
3800 Edison Avenue, Fort Myers, FL 33916
9-1214.6 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 5440 Palmetto St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2026
Listed
$2,050,000
332.31%
MLS
3/11/2016
Sold
$474,200
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5440 Palmetto St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,853
23%
$855,677
49%
2024
$8,022
67%
$574,673
77%
2023
$4,790
-38%
$325,023
-40%
2021
$7,722
-19%
$541,722
-34%
2022
$9,510
23%
$816,097
75%
2021
$7,722
22%
$467,539
30%
2018
$6,308
37%
$359,155
28%
2017
$4,614
18%
$280,209
9%
2016
$3,916
-41%
$257,282
-35%
2019
$6,679
69%
$395,071
43%
2015
$3,957
9%
$275,396
10%
2014
$3,635
9%
$249,802
14%
2013
$3,331
—
$219,209
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Premiere Plus Realty Company

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5440 Palmetto St, Fort Myers Beach, FL 33931 (MLS# 226009291) is a Single Family property with 6 bedrooms and 5 full bathrooms. 5440 Palmetto St is currently listed for $2,050,000 and was received on March 02, 2026. Want to learn more about 5440 Palmetto St? Do you have questions about finding other Single Family 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.

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