5370 / 5372 Palmetto ST
Fort Myers Beach, FL 33931
$949,000
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!
| Listing ID: | 226022906 |
|---|---|
| List Price: | $949,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Bathrooms Half: | 0 |
| Living Area: | 1,804 |
| Tax Annual Amount: | $8,603 |
| Lot Size Square Feet: | 5,619 |
| Lot Size Acres: | 0.129 |
| Architectural Style: | Duplex |
| Waterfront?: | No |
| City: | Fort Myers Beach |
| County Or Parish: | Lee |
| Subdivision Name: | Gulf Heights |
| Postal Code: | 33931 |
| Year Built: | 1958 |
| Number Of Units Total: | 2 |
| Cooling: | Ceiling Fan(s), Central Electric |
| Flooring: | Tile |
| Heating: | Central Electric |
| Lot Features: | Regular |
| Status: | Active |
| State Or Province: | FL |
| Water Source: | Central |
| Roof: | Shingle |
| Construction Materials: | Wood Frame, Wood Siding |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.129 |
| Association Amenities: | Beach Access |
| Exterior Features: | Outdoor Shower |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| MLS Area Major: | GULF HEIGHTS |
| Waterfront Features: | None |
| Parcel Number: | 33-46-24-W1-00203.0080 |
| Pets Allowed: | Yes |
| Structure Type: | Duplex |
| Zoning: | RC |
| Bathrooms Total Integer: | 2 |
| Lease Term: | Buyer Finance/Cash |
| Original List Price: | $989,000 |
| Building Area Units: | Square Feet |
| Irrigation Source: | None |
| Listing Contract Date: | 2026-06-01 |
| Boat Access: | None |
| Building Desc: | Duplex |
| Cdom: | 94 |
| Canal Width: | None |
| Community Type: | Non-Gated |
| Dom: | 94 |
| Elevator: | None |
| Last Change Timestamp: | 2026-09-22T13:19:07.503Z |
| List Price: | $949,000.00 |
| Lot Back: | 45 |
| Lot Frontage: | 45 |
| Lot Left: | 125 |
| Lot Right: | 125 |
| Mls Area Major: | Fb04 - Avenida Pescadora To S.Bd |
| Owner Name: | Tobeckn Llc |
| Status Type: | Resale Property |
| Table: | Residential Income |
| Unit Count: | 2 |
| Tax Year: | 2025 |
| Park Name: | GULF HEIGHTS |
| Full Baths 1: | 1 |
| Half Baths 1: | 0 |
| Living Area 1: | 902 |
| Parking 1: | 1 Assigned |
| Rooms 1: | Screened Lanai/Porch |
| Actual Rent 1: | 100 |
| Baths Total 1: | 1 |
| Beds Total 1: | 1 |
| Furnished 1: | Unfurnished |
| Garage Spaces 1: | 0 |
| Full Baths 2: | 1 |
| Half Baths 2: | 0 |
| Living Area 2: | 902 |
| Parking 2: | 1 Assigned |
| Rooms 2: | Screened Lanai/Porch |
| Actual Rent 2: | 100 |
| Baths Total 2: | 1 |
| Beds Total 2: | 2 |
| Furnished 2: | Unfurnished |
| Garage Spaces 2: | 0 |
Listing Courtesy of: Premiere Plus Realty Company
(239) 849-3663
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The data relating to real estate for sale displayed on this Website comes in part from the Broker Reciprocity Program (BR Program) of Naples Area Board of REALTORS®, under License No. NPLSMLS-100139. Properties listed with brokerage firms other than North 2 South Realty International Inc are marked with the "BR House" logo. 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 Naples Area Board of REALTORS®. BR Program, or contained in the database compilation of the Naples Area Board of REALTORS®.
Naples Area Board of REALTORS® data last updated on October 15, 2026 03:10 PM - ET
Property Last Updated: October 15, 2026 03:10 PM - ET
