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4 Beds
2 Baths
1,792 sqft

$925,000

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

Price per sqft$516.18
Built in1984
Property size1,792 sqft
Property typeMulti-family
Courtesy of Michael Drake, Sun Palace Realty, (239) 955-1881

Overview

Active

Listed Aug 7, 2026

Updated 9 days ago

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.

$6,154/mo

Est. mortgage payment based on a $925,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2026033476

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.37 Acres

Other Property Details

Taxes
$8,533
Tax Frequency
Annually
Association Fee Frequency
Yearly
Pets Allowed
Yes
Waterfront
Yes
55+/Senior Community
No
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The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 10/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 5:37 AM UTC, 10/1/2026

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