Rare opportunity to own this stunning bayfront beauty! Enjoy the best of both worlds on Fort Myers Beach: bayfront boating and just a couple of minutes' walk to the beach. This 2-story duplex mansion sits on concrete pilings, practically making it a 3-story home. Just professionally remodeled after the hurricanes, with the latest addition being new code-compliant hurricane shutters .Balconies and windows offer amazing views over the bay on the 2nd and 3rd levels. Incredible views!
The right side offers 3,095 square feet, while the left side offers 3,006 square feet under air, totaling 6,101 square feet under air. The versatility of this property is endless. Live in one side, rent the other short or long term. Purchase with friends or family. It's also an awesome investment for short-term rentals.
The house can be combined and opened to both sides of the duplex on all floor levels. The common area in the middle offers an elevator/shaft (currently not operable, estimated at $70k to replace/repair, repair not included in the sale), starting in the garage.
Each side's 3rd story offers a master suite with 2 walk-in closets, large bathroom with double sinks, shower, vanity, water closet, bedroom with seating area, and wide views over the bay with a balcony.
The second story features 2 large bedrooms and a Jack and Jill bathroom with shower tub combination, vanity sink, and toilet on each side. Furthermore, enjoy a large 2-story great room with living, dining, open kitchen, and balcony with bay views.
The first floor is garage space for toys and can accommodate at least 4 cars on each side. The duplex used to be in a high-end rental program and is offered turnkey with the exclusion of personal items.
Constantly updated, including a new 50-year seamless metal roof, vinyl flooring, impact sliding doors in the master suites, pool resurfaced with new tiles & spa, 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, there is a dock quote available upon request.
Enjoy total privacy at the end of the cul-de-sac. Sold as you see it during your showing.
Active
Price cut: $451K (5/19)
$2,999,000
21504-21500 Indian Bayou Dr, Fort Myers Beach, FL 33931
6beds
6,101sqft
Est.:
Duplex, Multi Family
Built in 1997
-- sqft lot
$-- Zestimate®
$492/sqft
$-- HOA
What's special
Bayfront boatingBedroom with seating areaGarage space for toysNew pool systemLarge bathroomMaster suiteNew ac systems
- 462 days
- on Zillow |
- 117 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 09:30am
Listed by:
Caprice Krumsick 239-677-7141,
Realty One Group MVP,
Julia Gerold 239-297-6617,
Realty One Group MVP
Source: Florida Gulf Coast MLS,MLS#: 224038479
Originating MLS: Florida Gulf Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Elevator
- Flooring: Tile, Vinyl
- Windows: Single Hung, Sliding
Interior area
- Total structure area: 6,101
- Total interior livable area: 6,101 sqft
Video & virtual tour
Property
Features
- Exterior features: Sprinkler/Irrigation, Outdoor Shower
- Has private pool: Yes
- Pool features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Salt Water
- Has spa: Yes
- Spa features: Electric Heat, Gunite, In Ground
- Waterfront features: Bay Access, Mangrove, Navigable Water
Lot
- Size: 0.58 Acres
- Dimensions: 45 x 190 x 216 x 248
- Features: Oversized Lot, Cul-De-Sac, Sprinklers Automatic
Details
- Parcel number: 334624W20120A.0000
- Lease amount: $0
- Zoning description: RM-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Level,Stilt,Duplex
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete, See Remarks, Stucco, Wood Frame
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Resale
- Year built: 1997
Utilities & green energy
- Sewer: Assessment Paid
- Water: Assessment Paid
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Boat Facilities, Non-Gated
- Subdivision: INDIAN BAYOU SUBD
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Beach Access
- Membership fee: $0
Location
- Region: Fort Myers Beach
Financial & listing details
- Price per square foot: $492/sqft
- Annual tax amount: $20,832
- Date on market: 4/28/2024
- Listing terms: All Financing Considered,Cash
- Tenant pays: Janitorial Service
- Road surface type: Paved
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