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Ryan O'Janovac

ryan.ojanovac@engelvoelkers.com +1(630) 605-3646

$ 1,199,000

Est. payment -/mo

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21697/699 Indian Bayou DR Fort Myers Beach, FL 33931

4 Beds

4 Baths

3,848 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,848 sqft

Price per Sqft $311

Subdivision Flamingo Lakes

MLS Listing ID 2026035822

Style Resale Property

Bedrooms 4

Full Baths 4

Year Built 1990

Annual Tax Amount $16,959

Tax Year 2025

Lot Size 0.412 Acres

Acres 0.412

Property Sub-Type Duplex

Source Florida Gulf Coast

Property Description

WEEKLY RENTAL DUPLEX! Rarely does a property offer this level of flexibility, income potential, and coastal lifestyle in one exceptional package. Known as "Blue Bayou," this elevated duplex offers a unique Fort Myers Beach opportunity as a private retreat, multi-generational getaway, or vacation rental investment, with weekly rentals permitted. The beach access point is an approximate 3-4 minute stroll away, a big draw for vacation renters, and the access has a roll-out accessibility mat. Each turnkey furnished residence is over 1,900 sq. feet, easily accommodating up to eight guests. The floor plans are identical. Each residence has a spacious primary suite and guest suite, both with en-suite baths. Each has a versatile loft for additional living or sleeping space. A connecting interior door allows the units to function together as one expansive family retreat (4 bedrooms & 4 baths) or independently as two separate rental accommodations. Bright coastal interiors showcase soaring ceilings, abundant windows, generous living and dining areas, and large covered decks ideal for outdoor dining, entertaining, and relaxing. Elevated construction provides covered under-building parking for 4 vehicles plus ample additional parking, and storage for beach gear. A local pool company has indicated there is room for a pool, subject to buyer verification, permitting, and due diligence. Recent improvements 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 unit. Both units have an in-unit laundry room, tasteful furnishings, and turnkey vacation-rental appeal. Lush tropical landscaping and a tranquil estuary backdrop create a peaceful setting, while the property's location bordering the Catholic church compound offers a quieter residential atmosphere, yet still close to the beach. A local vacation rental company projects potential combined annual income of more than $60,000. Their projection is attached; buyer should independently verify all rental, licensing, zoning, and income information. Blue Bayou is located 1 mile south of Publix and 1 mile north of the newly revitalized Santini Plaza, with numerous shops including The UPS Store, Ace Hardware, several restaurants, storage and a popular weekly in-season farmers market and craft fair, plus a CVS across the street from Santini. Blue Bayou offers a rare combination of lifestyle, flexibility, and investment potential in an exceptional Fort Myers Beach location.

Location

State FL

County Lee

Community Non-Gated

Area Flamingo Lakes

Zoning TFC2

Interior

Heating Central Electric

Flooring Carpet, Tile, Wood

Fireplace No

Heat Source Central Electric

Exterior

Exterior Feature Storage

Amenities Available Bike Storage, Boat Storage, Storage, Guest Room, Internet Access

Waterfront Description Lake

Roof Type Metal

Garage No

Private Pool No

Building

Lot Description Oversize

Water Central

Architectural Style Duplex

Structure Type Wood Frame,Vinyl Siding

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 33-46-24-W2-02600.0100

Listed by Royal Shell Real Estate, Inc. • Michael Koch

NEARBY SCHOOLS & PROPERTIES

Ryan O'Janovac

Advisor

+1(630) 605-3646

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