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21697/699 Indian Bayou Drive

Fort Myers Beach, FL 33931
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Bed 4

Bed

Bath 4

Bath

Acres0.41

Acre(Lot)

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 int erior 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,199,000

AD Id : 91304675

MLS Id : 2026035822

Beds : 4

Lot Size : 0.41 Acre

Tax Amount : $16,959.59

Year Built : 1990

County : Lee

Subdivision: Flamingo Lakes

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Roofing Information

    Metal

    Flooring Information

    Carpet, Tile, Wood
  • Interior Features

    HighSpeedInternet
    Roof: Metal
    Window Features: Arched, ImpactGlass, Other
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric, Zoned Water front: 1

  • Building Information

    Year Built: 1990
    Building Area Total: 3848
    Construction Materials: VinylSiding, WoodFrame
    Private Pool: No
    Water front Features: Lake
  • Exterior Features

    Exterior Features: RoomForPool, Storage, WaterFeature

  • Lot Information

    Lot Dimensions: 90 x 206 x 84 x 208 Main Square Feet: 0.412 Lot Size Acres: 0.412 Lot Size Source: Appraiser Lot Description: OversizedLot,PondOnLot

    Property Information

    Subdivision: FLAMINGO LAKES Source Property Type: ResidentialIncome Zoning Description: TFC2 Property SubType: Duplex Property Age: 36

  • Listing Price Information

    Listing Price: $1199000
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 33-46-24-W2-02600.0100 Tax Lot: 10 Tax Block: 2600 Tax Year: 2025 Annual Tax: $16959.59 Tax Legal Desc: FLAMINGO LAKES PB 34 PG 53 LOT 10

  • Garage Information

    Pets Allowed: Yes

    Homeowners Association Information

    Association Amenities: BikeStorage, GuestSuites, RvBoatStorage, Storage
    Community Features: NonGated

  • Utility Information

    CableAvailable
  • Location Information

    WaterSource: Public
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ByOwner last updated this listing 09/19/2026 @ 04:40

MLS: 2026035822 LISTED BY: Michael Koch, Royal Shell Real Estate, Inc. 239-260-8132 SOURCE: FGC

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