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$2,050,000
6 Beds ⋅ 5 Baths ⋅ 226009291 MLS
Discover the perfect blend of coastal living and exceptional income potential with this beautifully updated 6-bedroom, 5-bath beachside retreat featuring direct beach access to the Gulf shoreline. Zoned for WEEKLY RENTALS, this versatile two-level home offers outstanding flexibility. Use it as a spacious single-family residence or operate it as a duplex with two fully functional living spaces—ideal for maximizing rental income, accommodating extended family, or enjoying as your private beach getaway. Recently remodeled and refreshed throughout, the property includes a NEW roof, NEW water heater, NEW siding, and NEW pool equipment, providing modern comfort and peace of mind. The private pool and expansive outdoor areas create the perfect setting for relaxation, entertaining, and embracing the coastal lifestyle. Currently managed by a local rental company, the home offers a projected gross annual rental revenue of $202,238, making it a compelling investment opportunity. With direct beach access, a flexible layout, and strong income potential, this coastal retreat delivers the ultimate combination of lifestyle, convenience, and financial return—perfect for hosting unforgettable family gatherings or welcoming vacationing guests year-round.

5440 Palmetto ST, Fort Myers Beach
$1,050,000
4 Beds ⋅ 4 Baths ⋅ 2026005615 MLS
INVESTOR ALERT! Featuring a completely remodeled duplex with all new windows, new kitchens and new appliances-Upper unit features true oak flooring and tile-two bedrooms /two baths- Kitchen with new quartz countertops, under counter lighting-Side door to new deck & staircase-All updates approx within 2+ years Entrance has a large screened lanai, canvassed with oak trees for shade- Central air only 2+ years old-Features temperature controlled attic fan adds to efficiency- Duplex has a durable concrete tile roof-Hot water heater only 2+ years old- Lower two bedroom, two bath has all new appliances, tile floors and plaster walls- Utility room with washer/dryer for common use- Exterior a recently recoated gorgeous large 12x28 salt water pool awaits for enjoyment along with a remote power awning to shade the patio-A fenced yard for privacy, a new 7x12 storage shed on slab- DUPLEX ZONED TFC2 FOR WEEKLY RENTALS- PLEASE NOTE :THERE IS A 24 HOUR ACTIVE SECURITY CAMERA IN PLACE FOR SECURITY- HERE IS A TRUE GEM WHERE PRIVACY AWAITS PLUS ONLY A SHORT FIVE MINUTE WALK TO THE WHITE SANDY BEACH!

5460 Oak Ridge AVE, Fort Myers Beach

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.