$949,000
 $5,094 est/mo Sourced by Back At You

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

Fort Myers Beach, FL 33931

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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!

Details

MLS #226022906
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1958
Days On Site118
Listing Provided ByPremiere Plus Realty Company | J Alex King

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,804
Units2
ZoningRC
Acreage0.13

Exterior

Lot FeaturesRectangular Lot

Taxes

Tax Annual Amount8602.68

Location

Community FeaturesNon Gated

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:
$949,000
low | high
Med:
$1,149,000
28.925184404636% of Average
sqft:
1,804
low | high
Med:
1,160
85.69844789357% of Average
$ / sqft:
$526
low | high
Med:
$991
38.292213218996% of Average
On site:
118
low | high
Med:
40
100% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyLee
CityFort Myers Beach
Zip Code33931
AreaFB04 Avenida Pescadora to S.Bd
Community NameGULF HEIGHTS
Listing VS Median (in GULF HEIGHTS)
Price:
$949,000
low | high
Med:
$1,149,000
28.925184404636% of Average
sqft:
1,804
low | high
Med:
1,160
85.69844789357% of Average
$ / sqft:
$526
low | high
Med:
$991
38.292213218996% of Average
On site:
118
low | high
Med:
40
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $711K - $1.186M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
210 Dakota AVE Property Photo 1
$1,149,000
210 Dakota Ave
Fort Myers Beach, FL 33931
5441-5451 Oak Ridge AVE Property Photo 1
$799,000
5441-5451 Oak Ridge Ave
Fort Myers Beach, FL 33931
Listing Updated: October 9, 2026 at 11:38:59 AM PDT