WATERFRONT DUPLEX in the highly desirable Flamingo Lakes neighborhood offering a rare opportunity for investors, vacation rental owners, or those looking for a flexible waterfront retreat. Ideally zoned for WEEKLY rentals, this unique property provides the perfect combination of location, income potential, and versatility.
The property features two separate units, each offering a functional layout with 2 bedrooms, 1 bathroom, a kitchen, and comfortable living spaces. Whether used as a full-time residence, vacation getaway, income-producing property, or a combination of both, this duplex provides endless possibilities.
Enjoy waterfront living while being just minutes from restaurants, shopping, and entertainment, all while maintaining the privacy and tranquility of the Indian Bayou community. With its flexible rental opportunities and prime location, this property stands out as a unique investment opportunity in the Fort Myers Beach market.
Don’t miss your chance to own a rare waterfront duplex in one of Southwest Florida’s most sought-after destinations.
Active
$970,000
21691/693 Indian Bayou Dr, Fort Myers Beach, FL 33931
4beds
1,792sqft
Duplex, Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$541/sqft
$-- HOA
What's special
Waterfront duplexWaterfront livingFunctional layoutComfortable living spacesTwo separate units
- 25 days
- 389
- 12
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michael Drake 239-955-1881,
Sun Palace Realty
Source: Florida Gulf Coast MLS,MLS#: 2026033476
Originating MLS: Florida Gulf Coast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Features
- High Speed Internet
- Flooring: Laminate, Tile
- Windows: Single Hung
Interior area
- Total structure area: 1,792
- Total interior livable area: 1,792 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Deck, Outdoor Grill
- On waterfront: Yes
- Waterfront features: Lake
Lot
- Size: 0.37 Acres
- Dimensions: 77 x 208 x 78 x 208
Details
- Parcel number: 334624W202600.0110
- Lease amount: $0
- Zoning description: TFC2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story,Duplex
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete, Stucco, Wood Siding
- Foundation: Raised
- Roof: Metal
Condition
- Resale
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Non-Gated
- Condo and coop fee: $0
- Membership fee: $0
- Subdivision: FLAMINGO LAKES
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Picnic Area, Beach Access
Location
- Region: Fort Myers Beach
Financial & listing details
- Price per square foot: $541/sqft
- Annual tax amount: $8,532
- Date on market: 8/7/2026
- Cumulative days on market: 26 days
- Listing terms: All Financing Considered,Cash
- Tenant pays: Application Fee, Electricity, Internet, Pet Deposit, Security
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2026 | Listed for sale | $970,000+123%$541/sqft |
Source: | ||
| 4/30/2019 | Sold | $435,000-3.1%$243/sqft |
Source: | ||
| 3/17/2019 | Pending sale | $449,000$251/sqft |
Source: Lahaina Realty #219020102 Report a problem | ||
| 3/13/2019 | Listed for sale | $449,000$251/sqft |
Source: Lahaina Realty #219020102 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







