Gerald Murphy - Downing-Frye Realty Logo
$949,000
 $5,094 est/mo Sourced by Back At You

5370 / 5372 Palmetto St,FORT MYERS BEACH, FL 33931

FORT MYERS BEACH, FL 33931

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Description

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!

Details

MLS #226022906
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1958
Days On Site69
Listing Provided ByPremiere Plus Realty Company | J Alex King

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,804
Units2
ZoningRC
Acreage0.13
Water FrontYes

Interior

Cooling Yes / NoYes
CoolingCeiling Fan(s), Central Electric
Heating Yes / NoYes
HeatingCentral Electric
Fireplace Yes / NoNo

Exterior

Exterior FeaturesOutdoor Shower
RoofShingle
Construction MaterialsWood Frame, Wood Siding
Lot FeaturesRegular

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount8602.68
Tax Block3
Tax Legal DescriptionGULF HEIGHTS BLK 3 PB 6 PG 39 LOT 8
Tax Year2025

Area Information

StateFL
CountyLee
CityFORT MYERS BEACH
Zip Code33931
AreaGULF HEIGHTS
Community NameGULF HEIGHTS
Listing VS Median (in GULF HEIGHTS)
Price:
$949,000
low | high
Med:
$1,099,500
34.141201264489% of Average
sqft:
1,804
low | high
Med:
1,610
60.753880266075% of Average
$ / sqft:
$526
low | high
Med:
$750
7.407393753684% of Average
On site:
69
low | high
Med:
342
20.175438596491% of Average
Sourced by Back At You

Market Activity 33931

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Learn More About This Property

Gerald Murphy

Gerald Murphy

Downing-Frye Realty

 (316) 806-2295gpmiii2021@gmail.com
StateFL
CountyLee
CityFORT MYERS BEACH
Zip Code33931
AreaGULF HEIGHTS
Community NameGULF HEIGHTS
Listing VS Median (in GULF HEIGHTS)
Price:
$949,000
low | high
Med:
$1,099,500
34.141201264489% of Average
sqft:
1,804
low | high
Med:
1,610
60.753880266075% of Average
$ / sqft:
$526
low | high
Med:
$750
7.407393753684% of Average
On site:
69
low | high
Med:
342
20.175438596491% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $711K - $1.186M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
210 Dakota AVE Property Photo 1
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5474 Oak Ridge AVE Property Photo 1
$675,000
5474 Oak Ridge Ave
Fort Myers Beach, FL 33931
5441-5451 Oak Ridge AVE Property Photo 1
$799,000
5441-5451 Oak Ridge Ave
Fort Myers Beach, FL 33931
Listing Updated: August 7, 2026 at 8:27:30 PM PDT

Gerald Murphy - Downing-Frye Realty