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5370-5372 Palmetto St

Fort Myers Beach, FL 33931

3 bd 2 ba 1,661 sqft Built 1958 Lot 5,619 sqft multi_family
Most recent sale
$850,000
Dec 14, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2025 Price changed $989,000 FLGulfCoastMLS
Feb 10, 2025 Listed $999,000 FLGulfCoastMLS
Dec 14, 2023 Sold $850,000 FLGulfCoastMLS
Sep 6, 2023 Listing removed $963,000 BonitaSprings
Jul 28, 2023 Listed $963,000 BonitaSprings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $10 $250,908 $250,918 $4,066
2021 $309,101 $5,204
2020 $281,001 $4,750
2019 $255,455 $4,492
2018 $232,232 $4,236
2017 $164,876 $124,200 $289,076 $4,098
2016 $156,713 $124,200 $280,913 $3,939
2015 $104,900 $124,200 $229,100 $3,490
2014 $203,907 $3,176
2013 $176,500 $2,897
2012 $131,088 $2,361
2011 $153,500 $2,899
2010 $153,500 $2,893
2009 $185,540 $3,404
2008 $334,050 $5,430
2007 $359,050 $5,784

Property facts

Year built
1958
Property type
multi_family
Stories
2
Beds
3
Baths
2
Living area
1,661 sqft
Lot size
5,619 sqft
ZIP code
33931
City
Fort Myers Beach
Street
Palmetto St
Coordinates
26.43257, -81.91491

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,073
Gross rental yield
4.34%
Implied cap rate
2.82%
Trend-extrapolated value

Frequently asked questions

When did 5370-5372 Palmetto St last sell?
5370-5372 Palmetto St most recently sold on Dec 14, 2023 for $850,000.
What is the current tax assessment for 5370-5372 Palmetto St?
The most recent total assessment for 5370-5372 Palmetto St (year 2023) is $250,918 with $4,066 in property tax.
How does 5370-5372 Palmetto St's assessment compare to its last sale price?
The current assessment is 70.5% below the last sale price of $850,000.
When was 5370-5372 Palmetto St built?
5370-5372 Palmetto St was built in 1958.
How does 5370-5372 Palmetto St compare to others on Palmetto St?
We track 7 other properties on Palmetto St. Browse the list under "Other properties on Palmetto St" to compare beds, baths, and sale history.
What are the property facts for 5370-5372 Palmetto St?
5370-5372 Palmetto St is a 3 bed, 2 bath, 1,661 sqft, 5,619 sqft lot multi_family.
Is 5370-5372 Palmetto St a flip candidate?
No — 5370-5372 Palmetto St does not appear in our flips dataset.
Is 5370-5372 Palmetto St a tax-appeal candidate?
No — 5370-5372 Palmetto St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$682.6K
2026 Q4
$665.5K
ZIP 33931 — Median Price History + Forecast

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