$10,000

closing credit¹

21691 Indian Bayou Dr Fort Myers Beach, FL 33931

$999,000
4 beds
2 full
0.4 acres
Multi-Family

Property details

About 21691 Indian Bayou Dr

This WATERFRONT DUPLEX in the desirable Indian Bayou neighborhood is a rare find for investors or those seeking a vacation RENATAL property. Perfectly zoned for WEEKLY rentals, this property offers an unbeatable combination of location, flexibility, and income potential. The property has two separate units. Each unit features a well-appointed layout with 2 -bedrooms, 1 -bathroom, kitchens, and living spaces, ideal for accommodating guests or dual-family living. This property is perfect for generating consistent rental income while also serving as a personal waterfront retreat. The property has predicted gross revenue of $102,000 annually by the local rental management company. Its location and rental flexibility make it a standout opportunity in the Fort Myers Beach market. Minutes from Fort Myers Beach, restaurants, shopping, and entertainment, while tucked away in a tranquil, private setting. Seize the opportunity to own a high-performing investment property in one of Southwest Florida’s most coveted markets. Whether you’re seeking a reliable income stream or a personal getaway with investment perks, this duplex delivers on all fronts.

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Lot size0.367 Acres
Year built1984
MLS #224096836
WaterfrontLake Front

Summary

  • MLS Number: 224096836
  • MLS Name: SWFL
  • Office Name: Premiere Plus Realty Company
  • Office Phone: (239) 732-7837
  • Office Email: brokercoppock@pprmail.com
  • Listing Agent: J Alex King

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` 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 has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view with a water view

$999,000

21691 Indian Bayou Dr

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
May 03, 2019
Home Sold
$435,000
Sep 04, 2013
Home Sold
$324,900

Tax history

YearAssessmentProperty Tax
2023$208,044$2,872
2022$605,859$4,267
2021$278,442$4,472
2020$255,168$4,472

History based on county public records data.

Nearby schools

10

Fort Myers Beach Elementary School

Public District KG-5

2.4 mi

2751 Oak St

7

Rayma C. Page Elementary School

Public District KG-5

5.7 mi

17000 S Tamiami Trl

5

Harlem Heights Community Charter School

Public Charter KG-5

6.1 mi

15570 Hagie Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,875. Most Fort Myers Beach, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

17%
<35k
59%
35k-100k
14%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
4%
Single, with Kids
44%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
3%
12-17 yrs old
9%
18-34 yrs old
48%
35-64 yrs old
36%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • ChipotleChipotle
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • LincolnLincoln

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 21691 Indian Bayou Dr in Fort Myers Beach, FL and zip code 33931. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $999,000.

While more than 0 listings in Fort Myers Beach, FL in January 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 10 were sold below. Between December and January 2025, Fort Myers Beach, FL real estate market has seen increase in the number of listings by 22.7%. In January 2025, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $676,666.

From Rocket Homes Real Estate and based on county public records data.

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