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  • $645,000

    5542 Palmetto St, Fort Myers Beach, FL 33931

    2beds
    936sqft
    Single Family Residence
    Built in 1960
    5,619 Square Feet Lot
    $597,100 Zestimate®
    $689/sqft
    $3,646 Estimated rent

    Home value

    $597,100

    $549,000 - $651,000

    $3,646/mo

    Zestimate® history
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    What's special

    Move-In Ready Classic Beach Cottage with Gulf Views When it comes to beach living, it doesn’t get much more desirable than this! This charming raised Pink Shell beach cottage is in one of Florida's most sought-after destination of Fort Myers Beach. Perfectly located, just a short walk from beach access points 16 and 17, this cottage offers POTENTIAL RENTAL INCOME in a weekly rental zone, ideal for maximizing your investment returns. With 2 bedrooms and 1 bath, this cottage features a built-in pool that’s newly resurfaced, a deck with current views of the Gulf of Mexico, and an outdoor shower to rinse off after a day on the pristine white sugar sand beach. The home sustained no damage to the main elevated living area during Hurricanes Helene or Milton, ensuring peace of mind for any new owner. Located moments from shopping, dining, and all the attractions that make Fort Myers Beach a prime vacation spot, this is your opportunity to own and enjoy the ultimate beach lifestyle—without the wait!

    Zillow last checked:

    Listing updated:

    Listed by:

    James Farrell 239-544-2880,

    ERA Lahaina Realty,

    Robin Sook 612-978-9610,

    ERA Lahaina Realty

    Bought with:

    Jorge Barrera, 477002104

    Premiere Plus Realty Company

    Source: Florida Gulf Coast MLS,MLS#: 224085537MLS LogoOriginating MLS: Florida Gulf Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: None
    Heating
    • Other
    Cooling
    • Ceiling Fan(s), Other, Window Unit(s)
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Living/Dining Room, Other, Tub Shower, None
    • Flooring: Wood
    • Windows: Other
    Interior area
    • Total structure area: 2,113
    • Total interior livable area: 936 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Driveway, Underground, Unpaved, Attached Carport
    • Carport spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    • Exterior features: Deck, Fence, None, Outdoor Shower
    • Has private pool: Yes
    • Pool features: Electric Heat, Heated, In Ground
    • Has view: Yes
    • View description: Gulf, Partial
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: None
    Lot
    • Size: 5,619 Square Feet
    • Dimensions: 45 x 125 x 45 x 125
    • Features: Rectangular Lot
    Details
    • Parcel number: 334624W100204.0070
    • Lease amount: $0
    • Zoning description: TFC2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other,Stilt
    • Property subtype: Single Family Residence
    Materials
    • Other, Wood Frame
    • Foundation: Pillar/Post/Pier
    • Roof: Rolled/Hot Mop
    Condition
    • Resale
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Not Available

    Community & HOA

    Community
    • Security: None, Smoke Detector(s)
    • Condo and coop fee: $0
    • Membership fee: $0
    • Subdivision: GULF HEIGHTS
    HOA
    • Has HOA: No
    • Amenities included: None
    • Services included: None
    Location
    • Region: Fort Myers Beach

    Financial & listing details

    • Price per square foot: $689/sqft
    • Tax assessed value: $579,804
    • Annual tax amount: $4,340
    • Date on market: 10/30/2024
    • Cumulative days on market: 27 days
    • Listing terms: All Financing Considered,Cash
    • Ownership: Single Family
    • Contingency: Inspection

    Price history

    DateEventPrice
    11/26/2024Sold$645,000-4.4%$689/sqft
    Source: Florida Gulf Coast MLS #224085537 Report a problem
    11/2/2024Pending sale$675,000$721/sqft
    Source: SWFLMLS #224085537 Report a problem
    10/30/2024Listed for sale$675,000-18.7%$721/sqft
    Source: SWFLMLS #224085537 Report a problem
    3/9/2024Listing removed--
    Source: SWFLMLS #223050073 Report a problem
    2/7/2024Price change$830,000-3.5%$887/sqft
    Source: SWFLMLS #223050073 Report a problem
    1/20/2024Price change$860,000-3.4%$919/sqft
    Source: Florida Gulf Coast MLS #223050073 Report a problem
    10/19/2023Price change$890,000-3.8%$951/sqft
    Source: Florida Gulf Coast MLS #223050073 Report a problem
    10/6/2023Listed for sale$925,000-2.1%$988/sqft
    Source: Florida Gulf Coast MLS #223050073 Report a problem
    8/16/2023Listing removed--
    Source: Florida Gulf Coast MLS #223050073 Report a problem
    7/21/2023Listed for sale$945,000+483.3%$1,010/sqft
    Source: Florida Gulf Coast MLS #223050073 Report a problem
    8/18/2009Sold$162,000+0.3%$173/sqft
    Source: Public Record Report a problem
    5/1/2009Listing removed$161,500$173/sqft
    Source: Listhub #200920845 Report a problem
    4/25/2009Listed for sale$161,500-51.4%$173/sqft
    Source: Listhub #200920845 Report a problem
    3/3/2005Sold$332,000+216.2%$355/sqft
    Source: Public Record Report a problem
    9/10/1999Sold$105,000+162.5%$112/sqft
    Source: Public Record Report a problem
    6/20/1997Sold$40,000+14.3%$43/sqft
    Source: Public Record Report a problem
    3/13/1997Sold$35,000$37/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,147 +78.9%$579,804 +62.8%
    2024$4,554 +0.7%$356,060 +3%
    2023$4,521 -0.9%$345,689 +3%
    2022$4,561 +0.9%$335,620 +3%
    2021$4,523 -0.7%$325,845 +1.4%
    2020$4,555 +2%$321,346 +2.3%
    2019$4,468 $314,121 +1.3%
    2018$4,468 +2.8%$310,074 -0.3%
    2017$4,346 -2.1%$310,887 +9.8%
    2016$4,440 +8.8%$283,055 +18.7%
    2015$4,080 +14.5%$238,495 +11%
    2014$3,563 +9.2%$214,800 +18%
    2013$3,263 +42.8%$181,996 +39.2%
    2012$2,285 -5%$130,735 -2.9%
    2011$2,405 -3.6%$134,669
    2010$2,495 -2.5%$134,669 -7.6%
    2009$2,558 -40.3%$145,670 -46.4%
    2008$4,286 -9%$271,670 -9.8%
    2007$4,712 +0.6%$301,340 +8.2%
    2006$4,686 +294.5%$278,520 +63.5%
    2004$1,188 -2%$170,370 +22.9%
    2003$1,212 +2%$138,590 +35.2%
    2002$1,188 $102,470 +47.1%
    2000-- $69,650
    Find assessor info on the county website

    Neighborhood: 33931

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