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21697/699 Indian Bayou DR, FORT MYERS BEACH, FL - photo 1
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21697/699 Indian Bayou DR, FORT MYERS BEACH, FL - photo 2
21697/699 Indian Bayou DR, FORT MYERS BEACH, FL - photo 3
21697/699 Indian Bayou DR, FORT MYERS BEACH, FL - photo 4
21697/699 Indian Bayou DR, FORT MYERS BEACH, FL - photo 5
+45

$1,199,000

4 beds4 baths3,848 sqft|2026035822 MLS#

21697/699 Indian Bayou DR, FORT MYERS BEACH, FL 33931

Est.$7,194/moGet pre-qualified

Duplex

Multifamily

Built in

1990

Lot size

17,947 sqft

Price/sqft

$312

HOA

None

Listed by: Michael Koch, Royal Shell Real Estate, Inc. 239-260-8132

Source:NABOR Naples (NABOR)|MLS #2026035822

Get price drop alert on this property the moment it happen

Preferred Brokerage Partner

Kinsfolk Realty

Kinsfolk Signature Realty

What's special

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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Facts & features

Bedrooms & bathrooms

  • Bedrooms:4
  • Bathrooms:4
  • Full bathrooms:0

Heating

  • Has Heating:Yes

Interior area

  • Total structure area:3,848 sqft
  • Total interior livable area:3,848 sqft

Parking

  • Parking features:N/A
  • Garage spaces:0
  • Has attached garage:No

Lot

  • Size:17,947 sqft

Details

  • Parcel number:N/A

Type & style

  • Home type:Duplex
  • Property subtype:Multifamily

Materials

  • • N/A

Condition

  • Year built:1990

Contact agent

Price history

DateEventPrice
2026-09-17T00:00:00.000ZListed for sale$1,199,000$312/sqft

Data Powered by Home Junction, Inc.

Nearby

Schools

FORT MYERS BEACH ELEMENTARY SCHOOL

Elementary · 2.4 mi

Supermarkets

Publlix Grocery Store

0.0 mi

Publix

1.0 mi

Dining

Munch box

0.3 mi

Charley's Boathouse Grill

0.4 mi

coconut Jacks

0.7 mi

Parks

Estero Bay Preserve State Park

0.8 mi

Beaches

Fort Myers Beach

3.0 mi

Lovers Key State Park Beach

3.2 mi

Lynn Hall Memorial Park Beach

3.3 mi

Nearby amenity locations include data © OpenStreetMap contributors.