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

$949,000
3
BD
2
BA
1,804
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$949,000
Listing Price
$949,000
Price Change
▼ $40,000 1785975405
Days on Market
87
MLS#
226022906
Development
Gulf Heights
Development Name
Gulf Heights
Building Design
Duplex
County
Lee
Region
FB04 - Avenida Pescadora to S.Bd
Subdivision
Gulf Heights
Year Built
1958

Property 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!

Additional Information

Units
2
Bathrooms
2
Approximate Living Area
1,804
Building Description
Duplex
Lot Size
0.129
Construction
Wood Siding, Wood Frame
Amenities
Beach Rights, Beach Access
Exterior Features
Outdoor Shower, Room For Pool
Water
Public
Sewer
Assessment Paid
Cooling
Central Air, Ceiling Fan(s), Electric
Waterfront Description
None
Community Type
Non-Gated

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Premiere Plus Realty Company.