5440 Palmetto ST

About this Property

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.

Listing Details

MLS #

226009291

Board

Southwest Florida

Market

florida

Property Type

Residential

Style

Single Family Residence

Year Built

1971

Heating

Central Electric

Cooling

Ceiling Fan(s), Central Electric

Pool

Below Ground, Electric Heat

Lot Size

45 × 125 ft

Annual Taxes

$9,809/yr

Listed By

Premiere Plus Realty Company

Listed On

March 1, 2026

Days on Market

247

Features & Extras