21697/699 Indian Bayou Drive, Fort Myers Beach, FL 33931
Local realty services provided by:ERA Real Solutions Realty
21697/699 Indian Bayou Drive,Fort Myers Beach, FL 33931
$1,199,000
- 4 Beds
- 4 Baths
- 3,848 sq. ft.
- Multi-family
- Active
Listed by: michael koch
Office: royal shell real estate, inc.
MLS#:2026035822
Source:FL_GFMB
Price summary
- Price:$1,199,000
- Price per sq. ft.:$311.59
About this home
WEEKLY RENTAL DUPLEX! Rarely does a property offer this level of flexibility, income potential, and coastal lifestyle in one exceptional package. Known as "Blue Bayou," this elevated duplex offers a unique Fort Myers Beach opportunity as a private retreat, multi-generational getaway, or vacation rental investment, with weekly rentals permitted. The beach access point is an approximate 3-4 minute stroll away, a big draw for vacation renters, and the access has a roll-out accessibility mat. Each turnkey furnished residence is over 1,900 sq. feet, easily accommodating up to eight guests. The floor plans are identical. Each residence has a spacious primary suite and guest suite, both with en-suite baths. Each has a versatile loft for additional living or sleeping space. A connecting interior door allows the units to function together as one expansive family retreat (4 bedrooms & 4 baths) or independently as two separate rental accommodations. Bright coastal interiors showcase soaring ceilings, abundant windows, generous living and dining areas, and large covered decks ideal for outdoor dining, entertaining, and relaxing. Elevated construction provides covered under-building parking for 4 vehicles plus ample additional parking, and storage for beach gear. A local pool company has indicated there is room for a pool, subject to buyer verification, permitting, and due diligence. Recent improvements include a 2023 metal roof, complete re-plumbing in 2022, HVAC replacement in 2022, main electrical meter replacement in 2024, and an updated primary en-suite bath in one unit. Both units have an in-unit laundry room, tasteful furnishings, and turnkey vacation-rental appeal. Lush tropical landscaping and a tranquil estuary backdrop create a peaceful setting, while the property’s location bordering the Catholic church compound offers a quieter residential atmosphere, yet still close to the beach. A local vacation rental company projects potential combined annual income of more than $60,000. Their projection is attached; buyer should independently verify all rental, licensing, zoning, and income information. Blue Bayou is located 1 mile south of Publix and 1 mile north of the newly revitalized Santini Plaza, with numerous shops including The UPS Store, Ace Hardware, several restaurants, storage and a popular weekly in-season farmers market and craft fair, plus a CVS across the street from Santini. Blue Bayou offers a rare combination of lifestyle, flexibility, and investment potential in an exceptional Fort Myers Beach location....
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Home facts
- Year built:1990
- Subdivision & Development:FLAMINGO LAKES
- Listing ID #:2026035822
- Added:51 day(s) ago
- Updated:November 07, 2026 at 04:10 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Tile, Wood
- Living area:3,848 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric, Zoned
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1990
- Building area:3,848 sq. ft.
- Lot area:0.41 Acres
- Architectural Style:Duplex, Stilt
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Room For Pool, Storage, Water Feature
- Foundation Description:Pillar Post Pier
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,000
- Price per sq. ft.:$311.59
- Tax amount:$16,960 (2025)
Features and amenities
- Amenities:Storage
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