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

$989,000
3
BD
2
BA
1,804
SqFt

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List Price
$989,000
Status
ACTIVE
MLS#
226022906
Bedrooms
3
Bathrooms
2
Living Area
1,804
Development
Gulf Heights
Subdivision
Gulf Heights

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

Taxes
$8,602
Building Design
Duplex
Year Built
1958
Community Type
Non-Gated
Construction
Wood Siding, Wood Frame
Living Area
1,804
Acres
0.13
Amenities
Beach Rights, Beach Access
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central, Electric
Flooring
Tile
Exterior Features
Outdoor Shower, Room For Pool
Waterfront Description
None
Water
Public
Sewer
Assessment Paid
Pets
Yes

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Premiere Plus Realty Company.