21691/693 Indian Bayou DR
Fort Myers Beach, FL 33931
$925,000
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.
| Listing ID: | 2026033476 |
|---|---|
| List Price: | $925,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 2 |
| Bathrooms Half: | 0 |
| Living Area: | 1,792 |
| Tax Annual Amount: | $8,533 |
| Lot Size Square Feet: | 15,987 |
| Lot Size Acres: | 0.367 |
| Architectural Style: | Two Story, Duplex |
| Waterfront?: | Yes |
| City: | Fort Myers Beach |
| County Or Parish: | Lee |
| Subdivision Name: | Flamingo Lakes |
| Postal Code: | 33931 |
| Year Built: | 1984 |
| Number Of Units Total: | 2 |
| Cooling: | Ceiling Fan(s), Central Electric |
| Flooring: | Laminate, Tile |
| Heating: | Central Electric |
| Lot Features: | Across From Beach Access |
| Status: | Active |
| State Or Province: | FL |
| Water Source: | Central |
| Roof: | Metal |
| Foundation Details: | Concrete Block |
| Construction Materials: | Concrete Block, Stucco, Wood Siding |
| Cooling?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.367 |
| Association Amenities: | Barbecue, Internet Access |
| Frontage Type: | Lakefront |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| MLS Area Major: | FLAMINGO LAKES |
| Patio And Porch Features: | Deck |
| Waterfront Features: | Lake |
| Parcel Number: | 33-46-24-W2-02600.0110 |
| Pets Allowed: | Yes |
| Structure Type: | Duplex |
| Zoning: | TFC2 |
| Bathrooms Total Integer: | 2 |
| Lease Term: | Buyer Finance/Cash, FHA, VA |
| Original List Price: | $970,000 |
| Road Surface Type: | Paved |
| Building Area Units: | Square Feet |
| Irrigation Source: | Central |
| Listing Contract Date: | 2026-08-07 |
| Boat Access: | None |
| Building Desc: | 2 Story, Duplex |
| Cdom: | 54 |
| Community Type: | Non-Gated |
| Dom: | 54 |
| Elevator: | None |
| Last Change Timestamp: | 2026-09-30T17:06:28.283Z |
| List Price: | $925,000.00 |
| Lot Back: | 78 |
| Lot Frontage: | 77 |
| Lot Left: | 208 |
| Lot Right: | 208 |
| Mls Area Major: | Fb04 - Avenida Pescadora To S.Bd |
| Owner Name: | Charles R & Mary L Grey |
| Status Type: | Resale Property |
| Table: | Residential Income |
| Unit Count: | 2 |
| Tax Year: | 2025 |
| Park Name: | FLAMINGO LAKES |
| Full Baths 1: | 1 |
| Half Baths 1: | 0 |
| Living Area 1: | 896 |
| Rooms 1: | Balcony, Family, Laundry in Garage, Open Lanai/Porch, Screened Lanai/Porch |
| Actual Rent 1: | 2600 |
| Baths Total 1: | 1 |
| Beds Total 1: | 2 |
| Furnished 1: | Partially Furnished |
| Garage Attached? 1: | Yes |
| Garage Spaces 1: | 1 |
| Full Baths 2: | 1 |
| Half Baths 2: | 0 |
| Living Area 2: | 896 |
| Rooms 2: | Balcony, Family, Laundry in Garage, Open Lanai/Porch |
| Actual Rent 2: | 2600 |
| Baths Total 2: | 1 |
| Beds Total 2: | 2 |
| Furnished 2: | Furnished |
| Garage Attached? 2: | Yes |
| Garage Spaces 2: | 1 |
Listing Courtesy of: Sun Palace Realty
(239) 955-1881
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The data relating to real estate for sale displayed on this Website comes in part from the Broker Reciprocity Program (BR Program) of Naples Area Board of REALTORS®, under License No. NPLSMLS-100139. Properties listed with brokerage firms other than North 2 South Realty International Inc are marked with the "BR House" logo. 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 Naples Area Board of REALTORS®. BR Program, or contained in the database compilation of the Naples Area Board of REALTORS®.
Naples Area Board of REALTORS® data last updated on October 15, 2026 03:10 PM - ET
Property Last Updated: October 15, 2026 03:10 PM - ET
