5440 Palmetto St Fort Myers Beach, FL 33931
Estimated payment $12,120/month
Total Views
163,989
6
Beds
5
Baths
2,934
Sq Ft
$750
Price per Sq Ft
Highlights
- Partial Gulf or Ocean Views
- Storage
- Central Air
- Fort Myers Beach Elementary School Rated A-
- Tile Flooring
- Heating Available
About This Home
Unlock the ultimate combination of coastal living and income potential with this beautifully updated 6-bedroom, 5-bath beachside retreat, located just a short stroll from the Gulf shoreline!
This versatile two-level home is zoned for WEEKLY RENTALS, making it a perfect investment opportunity—or enjoy it as your personal beach haven. Use it as a single-family home or operate it as a duplex with two fully functional living spaces. This property is ideal for those seeking a coastal lifestyle or lucrative rental opportunities. NEW ROOF, NEW Water Heater, NEW SIDING, NEW Pool Equipment. Property is recently remodeled and refreshed throughout! Featuring a private pool and plenty of outdoor space, this home invites relaxation and enjoyment of the coastal ambiance. With its versatile layout and abundance of bedrooms and baths, it offers flexibility for personal use, full-time rental or dual rental strategy. The property is already being rented with the local rental management company with total projected gross revenue of $202,238 annually. Whether you're hosting family gatherings or accommodating vacationers, this beach retreat promises comfort, convenience, and unforgettable memories.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,790
Year Built
- Built in 1971
Home Design
- Metal Roof
Interior Spaces
- Storage
- Tile Flooring
- Partial Bay or Harbor Views
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 33-46-24-W1-00204.0130
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,790 | $574,673 | $423,721 | $130,128 |
| 2023 | $4,790 | $325,023 | $325,013 | $10 |
| 2022 | $9,510 | $525,840 | $0 | $0 |
| 2021 | $7,722 | $541,722 | $184,729 | $356,993 |
| 2020 | $7,067 | $467,539 | $175,000 | $292,539 |
| 2019 | $6,679 | $456,243 | $169,400 | $286,843 |
| 2018 | $6,308 | $454,071 | $154,000 | $300,071 |
| 2017 | $4,614 | $280,209 | $124,200 | $156,009 |
| 2016 | $3,916 | $257,282 | $126,027 | $131,255 |
| 2015 | $3,957 | $275,396 | $126,279 | $149,117 |
| 2014 | $3,635 | $249,802 | $109,978 | $139,824 |
| 2013 | -- | $219,209 | $98,263 | $120,946 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | For Sale | $2,200,000 | +363.9% | $750 / Sq Ft |
| 03/11/2016 03/11/16 | Sold | $474,220 | -10.4% | $160 / Sq Ft |
| 02/10/2016 02/10/16 | Pending | -- | -- | -- |
| 10/12/2015 10/12/15 | For Sale | $529,000 | -- | $178 / Sq Ft |
Source: Multiple Listing Service of Bonita Springs-Estero
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $474,200 | Attorney | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
Alex King Group (12 Local Agents) of Premiere Plus Realty are EXPERTS in SWFL’s REAL ESTATE Market and Lifestyle. In addition to being EXPERTS in buying and selling Single-family homes, Multifamily and Rental properties, Fixer-uppers, and Foreclosures, They are also a resource for our clients on an array of topics such as NEW CONSTRUCTION, Floorplans & Builder selections; FEMA 50% Remodeling in SWFL, Rental zoning, Rental Agencies & ProFormas; Gulf Access setbacks, CCL Lines, Turtle lights,
Alex's Other Listings
Source: Multiple Listing Service of Bonita Springs-Estero
MLS Number: 225041747
APN: 33-46-24-W1-00204.0130
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