Address
5370 / 5372 Palmetto St, FORT MYERS BEACH, FL
Price
$ 949,000
Property Attributes
- MLS#226022906
- TypeMulti-Family
- Listing Status Active
- CountyLee
- CityFORT MYERS BEACH
- AreaFB04 - Avenida Pescadora to S.Bd
- NeighborhoodGULF HEIGHTS
- Zip33931
- Style
- Year Built1958
- Taxes$ 8602
- Price$ 949,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Lot Size0.129 Acres
Data Source:
Bonita Springs-Estero AOR
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!
| Price History | |
|---|---|
| 6/17/2026 | Listed $989,000 |
| 8/5/2026 | 4$949,000 |
General Features
| Gulf Access | false |
|---|---|
| Sewer | Assessment Paid |
| Heating | Central Electric |
| Cooling | Ceiling Fan(s),Central Electric |
| Utilities | Cable Available |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Zoning | RC |
| Construction Materials | Wood Frame,Wood Siding |
| Pets Allowed | No Approval Needed |
| Year Built | 1958 |
| Tenant Pays | Other/See Remarks |
| Property Subtype | Duplex |
| Tax Year | 2025 |
| Waterfront Features | None |
| Community Features | Beach Access,Non-Gated |
| Building Name | GULF HEIGHTS |
| County | Lee |
| New Construction | false |
| Property Type | Residential Income |
| Subdivision Name | GULF HEIGHTS |
| Full Baths | 2 |
| Status | Active |
| City | FORT MYERS BEACH |
| Number Of Units Total | 2 |
| MLS Area | FB04 - Avenida Pescadora to S.Bd |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5619.24 |
| Property Attached Y/N | true |
| Land Lease Y/N | false |
| Tax Annual Amount | 8602.68 |
| Showing Instructions | Click Showing Icon |
| Structure Type | Duplex |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Legal Description | GULF HEIGHTS BLK 3 PB 6 PG 39 LOT 8 |
Interior Features
| Flooring | Tile |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Single Hung |
| Total Bedrooms | 3 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Outdoor Shower,Room for Pool |
|---|---|
| Lot Features | Regular |
| Water Source | Central |
| Lot Size Area | 0.129 |
| Spa | false |
| Lot Dimensions | 45 x 45 x 125 x 125 |
| Lot Size Acres | 0.129 |
| Frontage Length | 45 |
| Lot Size Source | Property Appraiser Office |
| Waterfront Y/N | false |
| LotDimensionsSource | Field Measurements |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 33931
Price
Taxes
Year Built
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© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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The information provided is for consumers' personal, non-commercial use and may not be used for any other purpose. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of
