Sands REPM

5440 Palmetto ST photos

Front ExterioCharming multi-unit residence near the Gulf - Virtually Edited Imager
Outdoor oasis with a refreshing pool - Virtually Edited Image
Beach access just a stroll away - Virtually Edited Image
Spacious living area with ample natural light - Virtually Edited Image
Open-concept living space - Virtually Edited Image
Functional kitchen island in an open-concept design - Virtually Edited Image
Well-equipped kitchen featuring a breakfast bar - Virtually Edited Image
Kitchen with a breakfast bar for casual dining - Virtually Edited Image
Comfortable dining space adjacent to the kitchen - Virtually Edited Image
Open dining area ideal for entertaining - Virtually Edited Image
Spacious living area with ample natural light - Virtually Edited Image
Comfortable and inviting living space - Virtually Edited Image
Ideally positioned for beach enjoyment - Virtually Edited Image
Private pool for relaxation and enjoyment - Virtually Edited Image
Master Bedroom: Bright bedroom with a tropical-inspired feel - Virtually Edited Image
Master Bedroom : Cozy bedroom with a fresh and airy ambiance - Virtually Edited Image
Elegant bathroom with a clean and sophisticated aesthetic - Virtually Edited Image
Relaxing bedroom featuring a queen bed and ample storage - Virtually Edited Image
Inviting bedroom with a ceiling fan and modern amenities - Virtually Edited Image
Master Bathroom: Well-maintained bathroom with a glass-enclosed shower - Virtually Edited Image
Master Bedroom : Cozy bedroom with a fresh and airy ambiance - Virtually Edited Image
Master Bedroom: Bright bedroom with a tropical-inspired feel - Virtually Edited Image
Sleek and modern bathroom with updated features - Virtually Edited Image
Comfortable guest bedroom with ample storage - Virtually Edited Image
Elegant bathroom with a clean and sophisticated aesthetic - Virtually Edited Image
View of tiled bedroom: Functional bedroom designed for shared accommodations - Virtually Edited Image
Well-appointed bathroom with a stylish design - Virtually Edited Image
Twin bedroom perfect for guests or family - Virtually Edited Image
5440 Palmetto ST photo 29
Functional laundry space with storage - Virtually Edited Image
Spacious multi-family property in Fort Myers Beach - Virtually Edited Image
Private pool for relaxation and enjoyment - Virtually Edited Image
Serene residential setting near the water - Virtually Edited Image
Balcony: Balcony offering picturesque outdoor space - Virtually Edited Image
Relax and unwind on the shores of Fort Myers Beach - Virtually Edited Image
Back Yard: Lush landscaping enhances this coastal property - Virtually Edited Image
Well-maintained property just minutes from the beach - Virtually Edited Image
Private pool for relaxation and enjoyment - Virtually Edited Image
Aerial view showcasing beach access - Virtually Edited Image
Enjoy the Gulf with ease - Virtually Edited Image
Enjoy the beach lifestyle with this location - Virtually Edited Image
Ideally positioned for beach enjoyment - Virtually Edited Image
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5440 Palmetto ST, FORT MYERS BEACH

Single Family Residence

Active

$1,999,000

▼ $51,000 (2%)

6

Beds

5

Baths

2,934

Sqft

Est. $11,140/mo · Get pre-qualified

Home Type: Single Family ResidenceYear Built: 1971Sqft: 2,934Price/Sqft: $681Lot Size: 0.129 acres

Discover the perfect blend of coastal living and exceptional income potential with this beautifully updated 6-bedroom, 5-bath beachside retreat featuring direct beach access to the Gulf shoreline. Zoned for WEEKLY RENTALS, this versatile two-level home offers outstanding flexibility. Use it as a spacious single-family residence or operate it as a duplex with two fully functional living spaces—ideal for maximizing rental income, accommodating extended family, or enjoying as your private beach getaway. Recently remodeled and refreshed throughout, the property includes a NEW roof, NEW water heater, NEW siding, and NEW pool equipment, providing modern comfort and peace of mind. The private pool and expansive outdoor areas create the perfect setting for relaxation, entertaining, and embracing the coastal lifestyle. Currently managed by a local rental company, the home offers a projected gross annual rental revenue of $202,238, making it a compelling investment opportunity. With direct beach access, a flexible layout, and strong income potential, this coastal retreat delivers the ultimate combination of lifestyle, convenience, and financial return—perfect for hosting unforgettable family gatherings or welcoming vacationing guests year-round.

180 days on market · Listing updated August 13, 2026

Location

Facts & Features

Interior Features:
Great Room, Split Bedrooms, Guest Bath, Guest Room
Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
Flooring:
Tile
Laundry:
Inside
Primary Bathroom:
Shower Only
Kitchen:
Pantry
Dining Room:
Breakfast Bar, Dining - Living, Eat-in Kitchen
Entry Level:
1
Heating:
Central Electric
Cooling:
Ceiling Fan(s), Central Electric
Utilities:
Cable Available
Sewer:
Central
Water Source:
Central
Security:
Smoke Detectors
Exterior Features:
Storage
Construction:
Wood Frame, Wood Siding
Roof:
Metal
Patio / Porch:
Patio
Fencing:
Fenced
View:
Landscaped Area, Partial Gulf
Waterfront:
None
Direction Faces:
Northwest
Lot Features:
Regular
Irrigation:
Central
Road Maintenance:
City Maintained
Parking:
2+ Spaces, Driveway Paved
Pool:
In Ground, Electric Heat
Windows:
Sliding, Impact Resistant Windows
Community Features:
BBQ - Picnic, Beach Access, Internet Access, No Subdivision, Non-Gated
Subdivision:
GULF HEIGHTS
Zoning:
TFC2
Annual Taxes:
$9,809
Pets Allowed:
No Approval Needed
Furnished:
Turnkey
Possession:
Close Of Escrow
Listing Terms:
Buyer Finance/Cash

Price History

DateEventPrice
Aug 13, 2026Price change$1,999,000
Mar 1, 2026Original list price$2,050,000

Reflects listing data on file, not a complete transaction history.

Listed by J Alex King, Premiere Plus Realty Company

Co-listed by Goran Denadija, Premiere Plus Realty Company

$1,999,000

5440 Palmetto ST, FORT MYERS BEACH

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$11,140

est. monthly payment

Estimate only — actual payment depends on your lender, credit profile, and final loan terms.

The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.