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Renovated Lakefront Duplex
For Sale
$875,000

21671 Indian Bayou Drive, Fort Myers Beach, FL 33931

ResidentialIncome, Fort Myers Beach, FL

Property SizeContact for details
Lot Size0.39 Acres
Days on Market97

Property Features for 21671 Indian Bayou Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description TFC2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 4
Pets allowed Yes
Interior features HighSpeedInternet
Exterior features WaterFeature
Subdivision ISLANDS END
Lot features Rectangular Lot
Directions Use GPS
Standard status Active
APN 33-46-24-W2-02600.0140
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FLAMINGO LAKES PB 34 PG 53 LOT 14
Tax Annual Amount 11996
Legal Description FLAMINGO LAKES PB 34 PG 53 LOT 14

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air, Ceiling Fan(s), Electric
Water front features Lake
Water front 1

Amenities

private balconies
private laundry room
storage room
propane fire pit
string lighting
landscaping

Building Details

Year built 1984
Number of units 2
Flooring type Tile
Building materials WoodFrame
Roof type Metal
Architectural style Other
Listing Agency: Century 21 AllPoints Realty
Listed By: Michael Hall · License #258015714
Added: Jun 29 Changed: Sep 24 Last Checked: Oct 3 at 11:06AM
MLS# 2026026787

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This renovated duplex is configured with two separate residences, each offering a private balcony, laundry room, and individual carport. Interior improvements include porcelain tile flooring, updated kitchens with new appliances and quartz countertops, refreshed bathrooms with glass shower enclosures, plantation shutters, and new furnishings. The property also includes updated air-conditioning systems, water heaters, washers and dryers, ceiling fans, interior and exterior paint, decking, landscaping, and a metal roof installed in 2023.

Set on pilings, the property has lake views and access to a deeded 100 FT X 100 FT lake area. Exterior features include patio furnishings, a propane fire pit, decorative lighting, and a large enclosed first-floor storage room measuring approximately 500 square feet, plus an additional 8X5 storage room. Sugar sand beaches are a 3-minute walk away, while Fort Myers Beach shops, restaurants, music, and entertainment are minutes from the property.

Key Highlights

  • Duplex with two separate residences, each with a private balcony, laundry room, and individual carport
  • Deeded 100 FT X 100 FT lake area conveys with the property
  • Metal roof installed in 2023

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Auto Repair Shop Spa & Massage Center HVAC Service Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby

Demographics for 33931, FL

9,389
Population
14,561
Households
0.6
Avg Household Size
68
Median Age
37%
College-Educated
97%
High-School Grad
10.3 sq mi
ZIP Area
912
Density / Sq Mi
$80,438
Median Household Income
$38,723
Median Earnings
$1,500
Median Rent
$475,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with private balconies, separate laundry rooms, individual carports, and deeded lake area.
Where is this duplex located?
The property is located at 21671 Indian Bayou Drive Fort Myers Beach, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Duplex with two separate residences, each with a private balcony, laundry room, and individual carport; Deeded 100 FT X 100 FT lake area conveys with the property; Metal roof installed in 2023
More about this property
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