Real Estate For Sale in...

5420 Palmetto ST, Ft Myers Beach, FL 33931

Multi Family MLS# 217012003 ID: 48717335
$399,000 Get Rates

**PRICE REDUCED TO BELOW APPRAISAL** Owner says bring a reasonable offer and let's make a deal now. Fantastic opportunity to own your own slice of paradise. This duplex income property is located on the highly desirable south end of Fort Myers Beach, just 2 blocks from the white sands of the Gulf of Mexico. Live or vacation in one side and rent the other or enjoy a great ROI by renting the entire building. With some cosmetic upgrades you should be able to rent on an annual basis for between $1200-$1400 per month. A vacation Proforma is also attached showing $28,600 in short term rental income in current condition. The property features 2 large decks, an oversized lot, separate electric meter, ground floor studio, legal non-conforming overflow unit for extra space when friends and family come and visit your rarely available Gulf getaway. Includes a shared washer/dryer in exterior laundry room, large back yard for entertaining guests with ample room for your own custom pool. The front yard features generous space to park your boat and any and all vehicles. All this with NO HOA dues. Priced to sell TODAY!

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Location Information near 5420 Palmetto ST
Offered by Suzanne McGuire at Premier Plus Realty

Would you like more information regarding this property?
Please call (239) 206-2777.

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Property Features for 5420 Palmetto ST
Market Status
Last Updated
March 17, 2018
Property Type
Multi Family
Year Built

Building Features

  • Cooling System: Ceiling Fan(s); Wall Unit(s) A/C
  • Roof: Composition Shingle
  • Heating Fuel: None

Exterior Features

  • Porch/Deck

Interior Features

  • Floors: Vinyl


  • Taxes: 2056.18 (2016)

Listing Features

  • Property Type: Residential; Duplex

Data Provided by Bonita Springs Estero Association of Realtors

More Information for this listing
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More information about this $399,000 Multi Family at 5420 Palmetto ST

This $399,000 Multi Family at 5420 Palmetto ST in Ft Myers Beach, FL is offered by Suzanne McGuire. This $399,000 Multi Family, located in the 33931 zip code, has the following property features: Porch/Deck, Cooling System, Taxes, Roof. This 5420 Palmetto ST Multi Family, located in Lee County , is listed under MLS listing number 217012003 and has a listing price of $399,000. You can find more FT MYERS BEACH homes for sale here.