5370 / 5372 Palmetto St, Fort Myers Beach, FL 33931

$989,000
3
BD
2
BA

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List Price
$989,000
Listing Price
$989,000
Days on Market
58
MLS#
226022906
Development
Gulf Heights
Building Design
Duplex
County
Lee
Region
FB04 - Avenida Pescadora to S.Bd
Development
Gulf Heights
Subdivision
Gulf Heights
Year Built
1958
Land SqFt
5,619
Lot Size
5,619
Approx. Lot Size
45 x 45 x 125 x 125

Property Description

Zoned for weekly rentals, this legal duplex on Palmetto Street offers prime investment potential. The lower-level 1-bedroom, 1-bath unit has been completely remodeled and is currently leased annually, providing steady income. The upper-level 2-bedroom, 1-bath unit features spacious living and a screened front lanai. The backyard, with western exposure, offers ample space for a future pool (with quotes starting around $50,000). Plus, it’s just across the street from a beautiful public beach access and conveniently located south of Publix for easy shopping. Don’t miss this perfect blend of lifestyle and investment!

Additional Information

Total Tax Bill
$8,602
Tax Year
2025
Units
2
Bathrooms
2
Lot Description
Regular
Lot Size
0.129
Construction
Wood Frame, Wood Siding
Amenities
Beach Access, Non-Gated
Windows
Single Hung
Exterior Features
Outdoor Shower, Room for Pool
Water
Central
Sewer
Assessment Paid
Cooling
Ceiling Fan(s), Central Electric
Irrigation
None
Waterfront Description
None
Boat Access
None

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Courtesy of Premiere Plus Realty Company

The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is 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. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .