21691/693 Indian Bayou Drive, Fort Myers Beach, FL 33931
Local realty services provided by:ERA Real Solutions Realty
Listed by: michael drake
Office: sun palace realty
MLS#:2026033476
Source:FL_GFMB
Price summary
- Price:$875,000
- Price per sq. ft.:$488.28
About this home
Discover a rare opportunity to own a waterfront duplex in the desirable Flamingo Lakes neighborhood of Fort Myers Beach, offering weekly rental potential and convenient walking access to the beach. This versatile property offers an exceptional combination of investment potential, waterfront living, and flexibility in one of Southwest Florida’s most sought-after destinations.
The property features two separate units, each offering 2 bedrooms, 1 bathroom, a full kitchen, and comfortable living spaces. Whether you're looking to maximize rental income by operating both units as vacation rentals, live in one unit while generating income from the other, or enjoy the entire property as your own waterfront retreat, the possibilities are endless.
Enjoy the peaceful waterfront setting from the back deck, where you can relax in the enclosed lanai or step out into the open-air area to soak up the Florida sunshine. Take in the beautiful lake views and the soothing sound of the water fountain, creating the perfect setting to unwind after a day at the beach.
One of the property's biggest attractions for vacation renters is its convenient proximity to beach access, just an approximate 3–4 minute stroll away. Even better, the beach access features a roll-out accessibility mat, making the beach more accessible for guests with mobility needs.
Enjoy the appeal of waterfront living in the established Indian Bayou community, conveniently located just minutes from local restaurants, shopping, entertainment, and everything Fort Myers Beach has to offer. With its desirable location, duplex configuration, walkable beach access, and weekly rental potential, this property presents an opportunity that is increasingly hard to find in the Fort Myers Beach market.
Whether you're an investor, vacation rental owner, or looking for a property that offers both lifestyle and income potential, don't miss your opportunity to own this unique waterfront duplex!...
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Home facts
- Year built:1984
- Subdivision & Development:FLAMINGO LAKES
- Listing ID #:2026033476
- Added:96 day(s) ago
- Updated:November 12, 2026 at 05:45 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Tile
- Living area:1,792 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1984
- Building area:1,792 sq. ft.
- Lot area:0.37 Acres
- Architectural Style:Duplex, Two Story
- Construction Materials:Block, Concrete, Stucco, Wood Siding
- Exterior Features:Deck, Outdoor Grill
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$488.28
- Tax amount:$8,533 (2025)
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