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  • Price cut: $200K (8/5)
    $2,790,000

    21500-21504 Indian Bayou Dr, Fort Myers Beach, FL 33931

    6beds
    6,101sqft
    : 
    $18,411/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1997
    -- sqft lot
    $-- Zestimate®
    $457/sqft
    $-- HOA

    What's special

    Spacious bathroomNew metal roofDirect boating accessVinyl flooringNew pool equipmentDual walk-in closetsMultiple balconies
    Rare Bayfront Duplex Opportunity on Fort Myers Beach Stunning bayfront duplex offering the best of both worlds—direct boating access and a short walk to the beach. Located at the end of a quiet cul-de-sac, this property features approximately 6,101 sq ft under air (unit B 3,006 sq ft unit A 3,095 sq ft) and is built on concrete pilings, effectively creating a 3-level structure. Professionally remodeled following hurricane damage, including installation of new code-compliant hurricane shutters. Multiple balconies and large windows provide expansive bay views from upper levels. Each unit offers: Top floor primary suite with balcony, dual walk-in closets, and spacious bathroom Second level with 2 bedrooms and Jack & Jill bathroom Main living area with open kitchen, dining, and 2-story great room with balcony Ground level garage space with capacity for multiple vehicles The property offers flexible use options: live in one side and rent the other, short- or long-term rental investment, or combine both units through existing interior access points on each level. Previously operated as a vacation rental property and will be reintroduced into a rental program. Property is offered turnkey furnished, excluding personal items and select artwork. Recent updates include: New metal roof Updated A/C systems Vinyl flooring Impact sliding doors (primary suites) Pool resurfacing with new tile and spa New pool equipment Additional features: Elevator shaft (currently non-operational) Mangrove trimming permit in place (recently completed) 3 separate parcel IDs (per county records) Important notes: Dock was damaged by Hurricane Ian and will require replacement (information available) Property is sold as-is Showings by appointment only.
    138 days
    224
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Caprice Krumsick 239-677-7141,

    Realty One Group MVP,

    Julia Gerold 239-297-6617,

    Realty One Group MVP

    Source: Florida Gulf Coast MLS,MLS#: 2026017632MLS LogoOriginating MLS: Florida Gulf Coast

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Features
      • Flooring: Tile, Vinyl
      • Windows: Single Hung, Transom Window(s)
      Interior area
      • Total structure area: 6,101
      • Total interior livable area: 6,101 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Sprinkler/Irrigation, Outdoor Shower
      • Has private pool: Yes
      • Pool features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment
      • Has spa: Yes
      • Spa features: In Ground
      • On waterfront: Yes
      • Waterfront features: Bayfront, Mangrove, Navigable Water
      Lot
      • Size: 0.58 Acres
      • Dimensions: 45 x 190 x 248 x 216
      • Features: Oversized Lot, Cul-De-Sac, Sprinklers Automatic
      Details
      • Parcel number: 334624W20120B.0000
      • Lease amount: $0
      • Zoning description: RC

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story,Stilt,Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Block, Other, Concrete, See Remarks, Stucco, Wood Frame
      • Foundation: Pillar/Post/Pier, Raised
      • Roof: Metal
      Condition
      • Resale
      • Year built: 1997

      Utilities & green energy

      • Sewer: Assessment Paid
      • Water: Assessment Paid
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Boat Facilities, Non-Gated
      • Condo and coop fee: $0
      • Membership fee: $0
      • Subdivision: INDIAN BAYOU SUBD
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Beach Access, Boat Ramp
      Location
      • Region: Fort Myers Beach

      Financial & listing details

      • Price per square foot: $457/sqft
      • Annual tax amount: $28,976
      • Date on market: 4/16/2026
      • Cumulative days on market: 138 days
      • Listing terms: All Financing Considered,Cash
      • Tenant pays: See Remarks
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/5/2026Price change$2,790,000-6.7%$457/sqft
        Source: Florida Gulf Coast MLS #2026017632 Report a problem
        4/16/2026Listed for sale$2,990,000$490/sqft
        Source: Florida Gulf Coast MLS #2026017632 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

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        Payment breakdown

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        Climate risks

        Neighborhood: 33931

        Getting around

        6 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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