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Lakefront Duplex with Private Balconies
For Sale
$940,000

21671 Indian Bayou Drive, Fort Myers Beach, FL 33931

MULTI_FAMILY - Other - Fort Myers Beach, FL

Property SizeContact for details
Lot Size0.39 Acres
Days on Market47

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 2, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
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 Central, Electric (Heating)
Cooling system Central Air, Electric, Ceiling Fan(s)
Water front features Lake
Water front 1

Amenities

lake views
private balconies
private laundry rooms
carports
new appliances
quartz countertops
metal roof
new decking
new water heaters
new washers/dryers
plantation shutters
smart TVs
new A/C
ceiling fans
propane fire pit
landscaping
patio furniture
exterior lighting
enclosed storage room
additional storage room

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: Aug 4 Last Checked: Aug 14 at 5:06AM
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 turnkey duplex is set on pilings and offers flexible use: live on one side and rent the other, or rent both as an income property. Both sides have been fully renovated, including brand-new kitchens with quartz countertops, new appliances, and slow-close cabinetry, along with updated bathrooms featuring modern shower glass enclosures. Flooring throughout includes large-format 2 FT x 4 FT porcelain tile, and each unit includes its own private laundry room, large private balconies, and dedicated parking with individual carports.

The home sits on a 0.387-acre lot with lakefront features, and a very rare 100 FT x 100 FT of lake is deeded to the property, offering room for potential outdoor improvements such as a dock, sea wall, pier, or additional lounging. Construction is wood frame, with a metal roof installed in 2023. Additional updates include new A/C systems, new water heaters, new washers and dryers, new plantation shutters, smart TVs, and updated exterior decking and lighting.

A very large enclosed storage room on the first floor is approximately 500 square feet with a high ceiling, plus an additional 8 x 5 storage room for beach gear. Interior features include high-speed internet, and the exterior includes a water feature. The property has not flooded and has not experienced hurricane damage.

Key Highlights

  • 0.387‑acre duplex lot with lake views
  • Deeded 100 FT x 100 FT of lake for potential dock, sea wall, pier, or lounging
  • Metal roof installed in 2023; duplex set on pilings

Property Analytics

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.

Location Intelligence

Trade Area within ½ mile

174
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Turnkey duplex with lake views, private balconies, and fully renovated interiors, each side offering laundry and dedicated parking.
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 $940,000.
What are key features of this property?
This property features: 0.387‑acre duplex lot with lake views; Deeded 100 FT x 100 FT of lake for potential dock, sea wall, pier, or lounging; Metal roof installed in 2023; duplex set on pilings
More about this property
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