For Sale Duplex MLS# 2026017632

21500 - 21504 Indian Bayou DR

FORT MYERS BEACH, FL 33931

$2,790,000

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About 21500 - 21504 Indian Bayou DR

Rare Bayfront Duplex Opportunity on Fort Myers Beach Stunning bayfront duplex offering the best of both worlds—direct boating access and a short walk to the beach. Located at the end of a quiet cul-de-sac, this property features approximately 6,101 sq ft under air (unit B 3,006 sq ft unit A 3,095 sq ft) and is built on concrete pilings, effectively creating a 3-level structure.

Professionally remodeled following hurricane damage, including installation of new code-compliant hurricane shutters. Multiple balconies and large windows provide expansive bay views from upper levels. Each unit offers: Top floor primary suite with balcony, dual walk-in closets, and spacious bathroom Second level with 2 bedrooms and Jack & Jill bathroom Main living area with open kitchen, dining, and 2-story great room with balcony Ground level garage space with capacity for multiple vehicles

The property offers flexible use options: live in one side and rent the other, short- or long-term rental investment, or combine both units through existing interior access points on each level.

Previously operated as a vacation rental property and will be reintroduced into a rental program. Property is offered turnkey furnished, excluding personal items and select artwork.

Recent updates include: New metal roof Updated A/C systems Vinyl flooring Impact sliding doors (primary suites) Pool resurfacing with new tile and spa New pool equipment

Additional features: Elevator shaft (currently non-operational) Mangrove trimming permit in place (recently completed) 3 separate parcel IDs (per county records)

Important notes: Dock was damaged by Hurricane Ian and will require replacement (information available) Property is sold as-is

Showings by appointment only.

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active
Year built
1997
Living area
6,101 sqft
Price / sqft
$457
Lot
0.58
Full baths
4
Original price
$2,990,000
MLS #
2026017632

Interior

Features
true, Ceiling Fan(s), Central Electric, true, Central Electric, Tile, Vinyl
Flooring
Tile, Vinyl
Heating
true, Central Electric
Cooling
true, Ceiling Fan(s), Central Electric

Exterior & lot

Features
Below Ground, Concrete, Custom Upgrades, Equipment Stays, Electric Heat, Two Story, Duplex, Outdoor Shower
Construction
Concrete Block, Wood Frame, Stucco, Metal
Roof
Metal
Foundation
Concrete Block
Lot
RC, HERON WATCH CONDO DESC OR 2999 PG 2216 UNIT B, 33-46-24-W2-0120B.0000
Pool
Below Ground, Concrete, Custom Upgrades, Equipment Stays, Electric Heat
Waterfront
Bay, Mangrove, Navigable

Schools

District
Lee County School District

Utilities

Utilities
Assessment Paid
Water
Assessment Paid

Financial

Financial
Florida Gulf Coast
Annual tax
$28,977
Tax year
2025
Parcel
33-46-24-W2-0120B.0000
Legal
HERON WATCH CONDO DESC OR 2999 PG 2216 UNIT B

Location

Subdivision
INDIAN BAYOU SUBD
Area
INDIAN BAYOU SUBD
County
Lee
Community
Lee, Paved, Beach Access, Community Boat Ramp, Florida Gulf Coast

Location

Neighborhood
INDIAN BAYOU SUBD
School district
Lee County School District

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Listed by Caprice Krumsick, Realty One Group MVP

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.