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Offered at $2,790,000Active
beds
6
baths
4
sq ft
6,101
Built
1997

21500 - 21504 Indian Bayou Drive

Fort Myers Beach, FL 33931

About this home

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.

Listing last checked: Listing updated:

Listed by Caprice Krumsick, Julia Gerold · Realty One Group MVP · MLS #2026017632

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Details at a glance

Interior3 property facts
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Tile, Vinyl
Building4 property facts
Style
Duplex
Year built
1997
Foundation
Pillar/Post/Pier, Raised
Roof
Metal
Land & utilities4 property facts
Lot size
0.58 acres
Water
AssessmentPaid
Sewer
AssessmentPaid
Waterfront
Y
Financial3 property facts
Annual taxes
$28,977
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $2,790,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$16,522 / monthAdjust
Principal & interest
$14,108
Property tax
$2,415
Insurance
Not entered
HOA
$0

Listing annual taxes: $28,977. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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