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  • Price cut: $451K (5/19)
    $2,999,000

    21504-21500 Indian Bayou Dr, Fort Myers Beach, FL 33931

    6beds
    6,101sqft
    : 
    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
    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.
    462 days
    on Zillow
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    117
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    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#: 224038479MLS LogoOriginating MLS: Florida Gulf Coast
    Travel times

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    We'll find a local expert to take you on a private tour of 21504-21500 Indian Bayou Dr.

    Next available tour time:Today at 2pm

    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

    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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