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21691/693 Indian Bayou DR photos

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21691/693 Indian Bayou DR, FORT MYERS BEACH

Duplex

Active

$970,000

4

Beds

2

Baths

Est. $5,663/mo · Get pre-qualified

Home Type: DuplexYear Built: 1984Lot Size: 0.367 acres

WATERFRONT DUPLEX in the highly desirable Flamingo Lakes neighborhood offering a rare opportunity for investors, vacation rental owners, or those looking for a flexible waterfront retreat. Ideally zoned for WEEKLY rentals, this unique property provides the perfect combination of location, income potential, and versatility. The property features two separate units, each offering a functional layout with 2 bedrooms, 1 bathroom, a kitchen, and comfortable living spaces. Whether used as a full-time residence, vacation getaway, income-producing property, or a combination of both, this duplex provides endless possibilities. Enjoy waterfront living while being just minutes from restaurants, shopping, and entertainment, all while maintaining the privacy and tranquility of the Indian Bayou community. With its flexible rental opportunities and prime location, this property stands out as a unique investment opportunity in the Fort Myers Beach market. Don’t miss your chance to own a rare waterfront duplex in one of Southwest Florida’s most sought-after destinations.

21 days on market · Listing updated August 21, 2026

Location

Facts & Features

Flooring:
Laminate, Tile
Heating:
Central Electric
Cooling:
Ceiling Fan(s), Central Electric
Utilities:
Cable Available
Sewer:
Central
Water Source:
Central
Construction:
Concrete Block, Elevated, Stucco, Wood Siding
Roof:
Metal
Patio / Porch:
Deck
Waterfront:
Lake Front
Lot Features:
Across From Beach Access
Irrigation:
Central
Road Surface:
Paved
Structure Type:
Duplex
Windows:
Single Hung
Community Features:
BBQ - Picnic, Internet Access, Non-Gated
Subdivision:
FLAMINGO LAKES
Zoning:
TFC2
Annual Taxes:
$8,533
Pets Allowed:
No Approval Needed
Possession:
Close Of Escrow
Listing Terms:
Buyer Finance/Cash
Disclosures:
Seller Disclosure Available

Price History

DateEventPrice
Aug 7, 2026Original list price$970,000

Reflects listing data on file, not a complete transaction history.

Listed by Michael Drake, Sun Palace Realty

$970,000

21691/693 Indian Bayou DR, FORT MYERS BEACH

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$5,663

est. monthly payment

Estimate only — actual payment depends on your lender, credit profile, and final loan terms.

The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3468074. Properties displayed on this Website include properties listed with brokerage firms other than Sands Real Estate & Property Management. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service.