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5440 Palmetto ST

Agent Name: J Alex King

Office Name: Premiere Plus Realty Company

Office Address: 20017 Serre Dr

$2,050,000

2,934 per sqft

Active

6 Beds

5 Baths

2,934 sqft

Condo

Built in 1971

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.

226009291

MLSⓇ ID

03/01/2026

LISTED

N/A

UPDATED

Map

5440 Palmetto ST

Interior Features

Total Stories

1

Bedrooms

6 Beds

Bathrooms

5 Baths

Interior Features

Great Room, Split Bedrooms, Guest Bath, Guest Room,

Appliances

Pantry,

Floor Description

Tile,

Fireplace

Yes

Cooling

Yes

Cooling Description

Ceiling Fan(s), Central Electric,

Heating

Yes

Heating Description

Central Electric,

Exterior/Building Features

Architectual Style

No

Roof

Metal,

Other Property Details

Area Name

Inland

Taxes

$9,809.36

Tax Frequency

Annually

Association Amenities

None,

Garage

No

Garage Spaces

0

Parking

2+ Spaces, Driveway Paved,

View

Yes

View Description

Landscaped Area, Partial Gulf,

Country

Lee

Pool

In Ground, Electric Heat,

Premier Sotheby's International Realty

Contact(---)

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