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

Local realty services provided by:ERA Real Solutions Realty
21691/693 Indian Bayou Drive,Fort Myers Beach, FL 33931
$875,000
  • 4 Beds
  • 2 Baths
  • 1,792 sq. ft.
  • Multi-family
  • Active
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...

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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)
The source of the information about real property available for sale or rent is the copyrighted and proprietary database of the Florida Gulf Coast Multiple Listing Service, Inc.. Copyright 2026 Florida Gulf Coast Multiple Listing Service, Inc.; all rights reserved. The data is provided by the IDX Program, and the Information is Deemed Reliable But Not Guaranteed.