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3 Beds
2 Baths
1,804 sqft

$949,000

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

Price per sqft$526.05
Built in1958
Property size1,804 sqft
Property typeMulti-family

Overview

Active

Listed Jun 16, 2026

Updated 4 weeks ago

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!

$6,314/mo

Est. mortgage payment based on a $949,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
226022906

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$8,603
Tax Frequency
Annually
Secondary Association Fee
Not Listed
Pets Allowed
Yes

Also listed on MLSN

Listed by J Alex King, Premiere Plus Realty Company

Listing Contact: (239) 849-3663 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Owens Jablonski | Gulf Coast Advisors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 5:05 AM UTC, 9/23/2026

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