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

$989,000
3
BD
2
BA

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List Price
$989,000
Listing Price
$989,000
Days on Market
59
MLS#
226022906
Development
Gulf Heights
Building Design
Duplex
County
Lee
Region
FB04 - Avenida Pescadora to S.Bd
Development
Gulf Heights
Subdivision
Gulf Heights
Year Built
1958
Total Area
5,619

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
Lot Description
Regular
Lot Frontage
45
Construction
Wood Frame, Wood Siding
Amenities
Beach Access, Non-Gated
Windows
Single Hung
Exterior Features
Outdoor Shower, Room for Pool
Water
Central
Sewer
Assessment Paid
Cooling
Ceiling Fan(s), Central Electric
Irrigation
None
Waterfront Description
None
Boat Access
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Premiere Plus Realty Company