Waterfront
For Sale
$970,000
21691/693 Indian Bayou Drive, Fort Myers Beach, FL 33931
ResidentialIncome, Fort Myers Beach, FL
Property SizeContact for details
Lot Size0.37 Acres
Days on Market49
Property Features for 21691/693 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, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
Patio and Porch features
Deck
Pets allowed
Yes
Interior features
HighSpeedInternet
Exterior features
Deck, OutdoorGrill
Subdivision
FLAMINGO LAKES
Standard status
Active
APN
33-46-24-W2-02600.0110
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
FLAMINGO LAKES PB 34 PG 53 LOT 11
Tax Annual Amount
8533
Legal Description
FLAMINGO LAKES PB 34 PG 53 LOT 11
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Electric, Central Air
Water source
Public
Water front features
Lake
Water front
1
Building Details
Year built
1984
Floors in Building
2
Number of units
2
Flooring type
Tile, Laminate
Building materials
Block, Concrete, Stucco, WoodSiding
Roof type
Metal
Architectural style
Other
Listing Agency:
Sun Palace Realty
(813) 376-5621
Listed By:
Michael Drake · License #258035773
(239) 955-1881
Added: Aug 7
Changed: Sep 17
Last Checked: Sep 24 at 2:06PM
MLS# 2026033476
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 duplex includes two separate residences, each arranged with 2 bedrooms, 1 bathroom, a kitchen, and living space. The property offers lake waterfront access, a deck, and an outdoor grill, with laminate and tile flooring throughout the units. Central electric heating and cooling, ceiling fans, public water, public sewer, and a metal roof are among the existing improvements. Block, concrete, stucco, and wood siding are noted in the construction materials. The property was built in 1984 and occupies 0.367 acres.
Located in the Indian Bayou community of Fort Myers Beach, the property is minutes from restaurants, shopping, and entertainment. Weekly rentals are identified as a permitted use, providing flexibility for residential occupancy and rental operations. High-speed internet is also available as an interior feature.
Located in the Indian Bayou community of Fort Myers Beach, the property is minutes from restaurants, shopping, and entertainment. Weekly rentals are identified as a permitted use, providing flexibility for residential occupancy and rental operations. High-speed internet is also available as an interior feature.
Key Highlights
- Lakefront duplex on a 0.367‑acre parcel
- Two separate units, each with 2 bedrooms and 1 bathroom
- Zoned for weekly rentals
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences support flexible living arrangements and weekly rental use in a lakefront setting.
Where is this duplex located?
The property is located at 21691/693 Indian Bayou Drive Fort Myers Beach, FL.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: Lakefront duplex on a 0.367‑acre parcel; Two separate units, each with 2 bedrooms and 1 bathroom; Zoned for weekly rentals
