Turnkey Furnished Weekly Rental
New
For Sale
$1,199,000
21697/699 Indian Bayou Drive, Fort Myers Beach, FL 33931
ResidentialIncome, Fort Myers Beach, FL
Property SizeContact for details
Lot Size0.41 Acres
Days on Market5
Property Features for 21697/699 Indian Bayou Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
TFC2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 1
Pets allowed
Yes
Interior features
HighSpeedInternet
Exterior features
RoomForPool, Storage, WaterFeature
Subdivision
FLAMINGO LAKES
Lot features
Oversized Lot, Pond On Lot
Standard status
Active
APN
33-46-24-W2-02600.0100
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
FLAMINGO LAKES PB 34 PG 53 LOT 10
Tax Annual Amount
16960
Legal Description
FLAMINGO LAKES PB 34 PG 53 LOT 10
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Ceiling Fan(s), Central Air, Zoned
Water source
Public
Water front features
Lake
Water front
1
Amenities
in-unit laundry room
covered decks
Building Details
Year built
1990
Number of units
2
Flooring type
Carpet, Wood, Tile
Building materials
VinylSiding, WoodFrame
Roof type
Metal
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Royal Shell Real Estate, Inc.
(239) 260-8132
Listed By:
Michael Koch · License #258005694
(239) 246-0679
Added: Sep 17
Last Checked: Sep 21 at 11:06PM
MLS# 2026035822
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 elevated duplex contains two matching, turnkey furnished residences, each measuring over 1,900 square feet. Both layouts include a primary suite and guest suite with en-suite baths, a loft, generous living and dining areas, covered decks, and in-unit laundry. An interior connecting door allows the property to operate as one four-bedroom, four-bath retreat or as two separate accommodations. Weekly rentals are permitted.
The property sits on 0.412 acres with a lake-facing setting, tropical landscaping, covered parking for 4 vehicles, additional parking, and storage for beach equipment. The nearest beach access is approximately a 3-4 minute stroll away and includes a roll-out accessibility mat. Recent updates 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 residence. Public water and sewer serve the property.
The property sits on 0.412 acres with a lake-facing setting, tropical landscaping, covered parking for 4 vehicles, additional parking, and storage for beach equipment. The nearest beach access is approximately a 3-4 minute stroll away and includes a roll-out accessibility mat. Recent updates 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 residence. Public water and sewer serve the property.
Key Highlights
- Two matching residences, each over 1,900 square feet
- Weekly rentals permitted
- Combined configuration provides 4 bedrooms and 4 baths
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
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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 furnished residences offer flexible vacation-rental use, shared functionality, and elevated coastal living near beach access.
Where is this duplex located?
The property is located at 21697/699 Indian Bayou Drive Fort Myers Beach, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two matching residences, each over 1,900 square feet; Weekly rentals permitted; Combined configuration provides 4 bedrooms and 4 baths
