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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 2 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

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 Sweet South Realty 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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