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Active
  • $970,000

    21691/693 Indian Bayou Dr, Fort Myers Beach, FL 33931

    4beds
    1,792sqft
    : 
    $6,318/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $541/sqft
    $-- HOA

    What's special

    Waterfront duplexWaterfront livingFunctional layoutComfortable living spacesTwo separate units
    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.
    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#: 2026033476MLS LogoOriginating 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

        DateEventPrice
        8/8/2026Listed for sale$970,000+123%$541/sqft
        Source: Florida Gulf Coast MLS #2026033476 Report a problem
        4/30/2019Sold$435,000-3.1%$243/sqft
        Source: Florida Gulf Coast MLS #219020102 Report a problem
        3/17/2019Pending sale$449,000$251/sqft
        Source: Lahaina Realty #219020102 Report a problem
        3/13/2019Listed for sale$449,000$251/sqft
        Source: Lahaina Realty #219020102 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33931

        Getting around

        15 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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