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$1,199,000

21697 699 Indian Bayou Dr

Fort Myers Beach, FL
Active
4
Bedrooms
4
Bathrooms
3,848
Square Feet
0.41
Lot Size (acres)
1990
Year Built
17
Days On Market

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.

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Listing Information

Listing Updated
16 days ago
Listed By
Michael Koch, 2392460679 · Royal Shell Real Estate, Inc., 2392608132
MLS#
2026035822
Source
Florida Gulf Coast Multiple Listing Service
Status
Active

Facts & Features

Location

Community Information

Address
21697 699 Indian Bayou Dr, Fort Myers Beach, FL 33931
City
Fort Myers Beach
County
Lee
Neighborhood
FLAMINGO LAKES
Zip Code
33931

Architecture

Bedrooms
4
Bathrooms
4
Year Built
1990
Style
Stilt, Duplex
Construction Materials
Vinyl Siding
Building Area
3,848 sq. ft.
Foundation
Pillar/Post/Pier, Raised
Roof
Metal
Garage Spaces
0

Features & Amenities

Interior Features
High Speed Internet
Flooring
Tile, Carpet, Wood
Exterior Features
Storage
Cooling
Ceiling Fan(s), Central Air, Electric, Zoned
Heating
Electric, Central

Property Features

Lot Size
0.41 Acres
Lot Features
Waterfront
Water
Public
Sewer
Public Sewer
Utilities
Cable Available
Zoning
TFC2

Square Footage

Total
3,848 sq. ft.

Tax & Financial Information

List Price
$1,199,000
Annual Taxes
$16,959
Association Amenities
Storage, RV/Boat Storage

Schools

77/100
Amikids Southwest Florida
Grades M–M · 3.4 mi
City
Fort Myers Beach
Students
24
Student–teacher
12.0
Student body
42% White · 33% Black · 21% Hispanic / Latino
Free/reduced lunch
17%
Phone
(239) 765-9696
76/100
Fort Myers Beach Elementary School
Elementary · Grades PK–05 · 2.4 mi
City
Fort Myers Beach
Students
90
Parent reviews
5.0★ avg · 1 review
Student body
73% White · 23% Hispanic / Latino · 3% Two or More Races
Free/reduced lunch
47%
Phone
(239) 463-6356
76/100
Lexington Middle School
Middle · Grades 06–08 · 4.9 mi
City
Fort Myers
Students
1,017
Parent reviews
5.0★ avg · 2 reviews
Student body
54% White · 29% Hispanic / Latino · 12% Black
Free/reduced lunch
53%
Phone
(239) 454-6130

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/17/2026Listed for sale$1,199,000

Listed by Michael Koch · Royal Shell Real Estate, Inc. · 2392608132


IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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