$925,000
 $4,966 est/mo Sourced by Back At You

21691/693 Indian Bayou Dr,FORT MYERS BEACH, FL 33931

FORT MYERS BEACH, FL 33931

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Description

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.

Details

MLS #2026033476
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1984
Days On Site68
Listing Provided BySun Palace Realty | Michael Drake

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,792
Units2
ZoningTFC2
Acreage0.37
Water FrontYes

Interior

Rooms Total0
Cooling Yes / NoYes
CoolingCeiling Fan(s), Central Electric
Heating Yes / NoYes
HeatingCentral Electric
Fireplace Yes / NoNo

Exterior

RoofMetal
Construction MaterialsConcrete Block, Stucco, Wood Siding
Foundation DetailsConcrete Block
Lot FeaturesAcross From Beach Access
Patio And Porch FeaturesDeck

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Taxes

Tax Annual Amount8532.68
Tax Block2600
Tax Legal DescriptionFLAMINGO LAKES PB 34 PG 53 LOT 11
Tax Year2025

Area Information

StateFL
CountyLee
CityFORT MYERS BEACH
Zip Code33931
AreaFLAMINGO LAKES
Community NameFLAMINGO LAKES
Listing VS Median (in FLAMINGO LAKES)
Price:
$925,000
low | high
Med:
$1,062,000
35.189189189189% of Average
sqft:
1,792
low | high
Med:
2,820
7.366071428571% of Average
$ / sqft:
$516
low | high
Med:
$414
69.817834466483% of Average
On site:
68
low | high
Med:
47.5
100% of Average
Sourced by Back At You

Market Activity 33931

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Learn More About This Property

StateFL
CountyLee
CityFORT MYERS BEACH
Zip Code33931
AreaFLAMINGO LAKES
Community NameFLAMINGO LAKES
Listing VS Median (in FLAMINGO LAKES)
Price:
$925,000
low | high
Med:
$1,062,000
35.189189189189% of Average
sqft:
1,792
low | high
Med:
2,820
7.366071428571% of Average
$ / sqft:
$516
low | high
Med:
$414
69.817834466483% of Average
On site:
68
low | high
Med:
47.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $693K - $1.156M
sqft: 1,000 - 2,000
Listing Updated: September 30, 2026 at 12:54:02 PM PDT