21697/699 Indian Bayou DR, Fort Myers Beach, FL 33931
21697/699 Indian Bayou DR, Fort Myers Beach, FL 33931,Video Tour
21697/699 Indian Bayou DR, Fort Myers Beach, FL 33931
21697/699 Indian Bayou DR, Fort Myers Beach, FL 33931
21697/699 Indian Bayou DR, Fort Myers Beach, FL 33931
21697/699 Indian Bayou DR, Fort Myers Beach, FL 33931
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$ 1,199,000
Est. payment | /mo

4 Beds

4 Baths

0.41 Acres Lot


$ 1,199,000
Est. payment | /mo

4 Beds

4 Baths

0.41 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Flamingo Lakes

MLS Listing ID 2026035822

Style Stilts

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1990

Annual Tax Amount $16,959

Tax Year 2025

Lot Size 0.412 Acres

Acres 0.412

Property Sub-Type Duplex

Source Florida Gulf Coast

New Construction No

Property Description

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.

Location

State FL

County Lee

Area Fb04 - Avenida Pescadora To S.Bd

Zoning TFC2

Interior

Heating Central Electric

Cooling Ceiling Fan(s), Central Electric, Zoned

Flooring Carpet, Tile, Wood

Window Features Arched,Impact Resistant,Other

Exterior

Exterior Feature Room for Pool, Storage, Water Display

Community Features Bike Storage, Boat Storage, Extra Storage, Guest Room, Internet Access, Non-Gated

Utilities Available Cable Available

Waterfront Description Lake Front,Pond

Roof Type Metal

Private Pool No

Building

Lot Description Oversize

Sewer Central

Water Central

Architectural Style Stilts

Structure Type Elevated,Piling,Wood Frame,Vinyl Siding

New Construction No

Others

Tax ID 33-46-24-W2-02600.0100

Acceptable Financing Buyer Finance/Cash

Listing Terms Buyer Finance/Cash

Pets Allowed No Approval Needed

Virtual Tour https://my.matterport.com/show/?m=xF95J7EDc1A

Listed by Royal Shell Real Estate, Inc. • Michael Koch

NEARBY SCHOOL & BUSINESS

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21697/699 Indian Bayou DR