21500 – 21504 Indian Bayou Drive

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Address: 21504 Indian Bayou Dr, Fort Myers Beach, FL 33931, USA
Florida & Gulf Coast + 2-4 Units
Created date: April 16, 2026
Date last updated: October 3, 2026
Price: $2,790,000Investment Analyzer NEW!

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $2,790,000
No. of Units: 2
Year Built: 1997
Opportunity Zone: No
Price per unit: $1,395,000
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 4
Address: 21500 - 21504 Indian Bayou Drive, Fort Myers Beach, FL 33931, USA
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