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Legal Duplex for Weekly Rentals

5370 / 5372 Palmetto St lot 8 Fort Myers Beach, FL 33931

5370 / 5372 Palmetto St lot 8, Fort Myers Beach, FL, 33931
$989,000
For Sale
Claim this Listing
$989,000

MULTI_FAMILY - FORT MYERS BEACH, FL

Lot Size0.13 Acres
AddedJun 1
Days on Market45
Last RefreshJul 15 at 5:06 pm

Property Features for 5370 / 5372 Palmetto St lot 8

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RC
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
Pets allowed
No
Exterior features
Outdoor Shower, Room for Pool
Standard status
Active
APN
33-46-24-W1-00203.0080
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
GULF HEIGHTS BLK 3 PB 6 PG 39 LOT 8
Tax Annual Amount
8603

Utilities

Utilities
Cable Available
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric, Ceiling Fan(s)

Building Details

Year built
1958
Number of units
2
Flooring type
Tile
Building materials
Wood Frame, Wood Siding
Roof type
Shingle

Listing agent J Alex King License #3251534

Listing office Premiere Plus Realty Company 3409 Pelican Landing Parkway, Naples, FL

Listing date Jun 1, 2026

MLS# 226022906 Listing URL

Copyright © 2026 Coconut Coast Organization of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This legal duplex is zoned for weekly rentals and offers two separate residential units. The lower-level 1-bedroom, 1-bath unit has been completely remodeled and is currently leased annually. The upper-level unit features 2 bedrooms and 1 bath, along with a screened front lanai.

Set on Palmetto Street, the property is across the street from public beach access and is located south of Publix for convenient shopping. The backyard has western exposure and offers ample space for a future pool.

Built as a duplex configuration with two independent living spaces, the property is positioned to support a weekly-rental use based on the stated zoning and provides an already-leased lower unit alongside an additional upstairs residence.

Key Highlights

  • Legal duplex zoned for weekly rentals, with a 1‑bedroom/1‑bath lower unit and a 2‑bedroom/1‑bath upper unit
  • Lower‑level 1BD/1BA unit has been completely remodeled and is currently leased annually
  • Upper‑level 2BD/1BA unit includes a screened front lanai

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Palm Garden Cottage Hotel & Motel

Suggested Use

Parking Lot & Garage Law Firm Auto Repair Shop Auto Parts Store Garden Center Building Supply Spa & Massage Center Electrical Service Skin Care Clinic Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Legal duplex with a remodeled leased 1-bedroom unit and a 2-bedroom unit with a screened front lanai.
Where is this duplex located?
The property is located at 5370 / 5372 Palmetto St lot 8 Fort Myers Beach, FL.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Legal duplex zoned for weekly rentals, with a 1‑bedroom/1‑bath lower unit and a 2‑bedroom/1‑bath upper unit; Lower‑level 1BD/1BA unit has been completely remodeled and is currently leased annually; Upper‑level 2BD/1BA unit includes a screened front lanai
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