$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
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 Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 69 |
| Listing Provided By | Premiere Plus Realty Company | J Alex King |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,804 |
| Units | 2 |
| Zoning | RC |
| Acreage | 0.13 |
| Water Front | Yes |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Ceiling Fan(s), Central Electric |
| Heating Yes / No | Yes |
| Heating | Central Electric |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Outdoor Shower |
|---|---|
| Roof | Shingle |
| Construction Materials | Wood Frame, Wood Siding |
| Lot Features | Regular |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Taxes
| Tax Annual Amount | 8602.68 |
|---|---|
| Tax Block | 3 |
| Tax Legal Description | GULF HEIGHTS BLK 3 PB 6 PG 39 LOT 8 |
| Tax Year | 2025 |
Area Information
| State | FL |
|---|---|
| County | Lee |
| City | FORT MYERS BEACH |
| Zip Code | 33931 |
| Area | GULF HEIGHTS |
| Community Name | GULF HEIGHTS |
| Listing VS Median (in GULF HEIGHTS) | |
Price: $949,000 low | high Med: $1,099,500 sqft: 1,804 low | high Med: 1,610 $ / sqft: $526 low | high Med: $750 On site: 69 low | high Med: 342 | |
Market Activity 33931
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Learn More About This Property
| State | FL |
|---|---|
| County | Lee |
| City | FORT MYERS BEACH |
| Zip Code | 33931 |
| Area | GULF HEIGHTS |
| Community Name | GULF HEIGHTS |
| Listing VS Median (in GULF HEIGHTS) | |
Price: $949,000 low | high Med: $1,099,500 sqft: 1,804 low | high Med: 1,610 $ / sqft: $526 low | high Med: $750 On site: 69 low | high Med: 342 | |
Nearby Listings (Within 1/10 mile)
Price: $711K - $1.186M
sqft: 1,000 - 2,000
Listing Updated: August 7, 2026 at 8:27:30 PM PDT
