Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    21504 Indian Bayou Dr Fort Myers Beach, FL 33931

    For Sale
    $2,999,000

    MULTI_FAMILY - Other - Fort Myers Beach, FL

    Lot size:
    0.58 Acres
    Days on Market:
    157
    Last Refresh:
    Dec 14 at 7:06 pm

    Property Features for 21504 Indian Bayou Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Spa
    1
    Rooms
    Bedroom 6, Bathroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2
    Bedrooms
    6
    Bathrooms
    4
    APN
    33-46-24-W2-0120A.0000
    Pets allowed
    Yes
    Pool private
    1
    Interior features
    Elevator
    Exterior features
    SprinklerIrrigation, OutdoorShower
    Accessibility
    Accessible Elevator Installed
    Lot size
    0.58 Acres

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air
    Water front features
    Navigable Water
    Water front
    1

    Building Details

    Year built
    1997
    Number of units
    2
    Flooring type
    Tile, Vinyl
    Building materials
    Block, Concrete, Stucco, WoodFrame
    Roof type
    Metal
    Architectural style
    Other

    Realty One Group MVP (800) 896-8790 [email protected]

    Listing agent Caprice Krumsick (239) 677-7141 License #252012642

    Listing date Jul 11, 2025

    MLS# 224038479 Listing URL

    Copyright © 2025 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bayfront Duplex with Gulf Access

    This two-story duplex is located on Fort Myers Beach, offering bayfront access and proximity to the beach. The property, situated on concrete pilings, features views from balconies and windows on the second and third levels. The right side of the duplex provides 3,095 square feet of space, while the left side offers 3,006 square feet, totaling 6,101 square feet under air. The property offers versatility for living in one side and renting the other, either short-term or long-term, or for shared ownership. The house can be combined on all floor levels. The common area includes an elevator shaft (currently not operable). Each side's third story includes a master suite with two walk-in closets, a large bathroom with double sinks, a shower, vanity, water closet, a bedroom with a seating area, and a balcony with bay views. The second story features two large bedrooms and a Jack and Jill bathroom with a shower tub combination, vanity sink, and toilet on each side. The property also includes a two-story great room with living, dining, an open kitchen, and a balcony with bay views. The first floor provides garage space that can accommodate at least four cars on each side. Updates include a new 50-year seamless metal roof, vinyl flooring, impact sliding doors in the master suites, a resurfaced pool with new tiles and spa, a complete new pool system, and new AC systems. The dock into the bay will need to be rebuilt at a higher level and is sold as-is. The property is located at the end of a cul-de-sac on a 0.58-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Myers Beach
    County
    Lee
    State
    Florida
    Longitude
    -81.90652
    Latitude
    26.431929

    Nearby Similar for Sale

    • New
      $2,890,000
      0.20 Acres

      Fort Myers Beach Quadplex

      Turnkey, income-producing vacation rental quadplex steps from the sand.
      198-200 Anchorage St, Fort Myers Beach, FL 33931
      View Details
    • $2,200,000
      0.13 Acres

      Fort Myers Beach Quadruplex Opportunity

      Coastal investment with income potential and direct beach access.
      161 Mango St, Fort Myers Beach, FL 33931
      View Details
    • $2,499,000
      0.16 Acres

      Fort Myers Beach Quadruplex Investment

      Income-producing quadplex near the beach with gulf access.
      110 Bahia Via, Fort Myers Beach, FL 33931
      View Details
    • $1,695,000
      1.16 Acres

      Prime Commercial Property Near Beach

      1.16-acre property with potential near Fort Myers Beach.
      870 Buttonwood Dr, Fort Myers Beach, FL 33931
      View Details
    • New
      $1,450,000
      2,808 SF

      Remodeled Coastal Retreat Near Beach

      Fort Myers Beach home, remodeled, with new pool and kitchens.
      911 North St, Fort Myers Beach, FL 33931
      View Details
    • $998,000
      Pending

      Fort Myers Beach Duplex Gem

      Duplex near the beach with weekly rental potential.
      110-112 Voorhis St, Fort Myers Beach, FL 33931
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-story duplex with bay views, boating access, and rental potential.
    Where is this duplex located?
    The property is located at 21504 Indian Bayou Dr Fort Myers Beach, FL.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: - Bayfront property with direct boating access and short walk to the beach.; - Professionally remodeled, hurricane-ready duplex with new code-compliant hurricane shutters and a 50-year metal roof.; - Turnkey property with 6,101 sq ft of living space, ideal for rental income, multi-family living, or a large single-family home.
    (239) 677-7141
    Request Owner's contact information
    21504 Indian Bayou Dr Fort Myers Beach, FL 33931
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21504 Indian Bayou Dr
    Fort Myers Beach, FL 33931
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21504 Indian Bayou Dr Fort Myers Beach, FL 33931
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.