21697/699 Indian Bayou Drive, Fort Myers Beach, FL 33931

$1,199,000
4
BD
4
BA
3,848
SqFt

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List Price
$1,199,000
Status
ACTIVE
MLS#
2026035822
Bedrooms
4
Bathrooms
4
Living Area
3,848
Development
Flamingo Lakes
Subdivision
Flamingo Lakes

Property Description

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.

Additional Information

Taxes
$16,959
Building Design
Duplex
Year Built
1990
Community Type
Non-Gated
Construction
Vinyl Siding, Wood Frame
Living Area
3,848
Acres
0.41
Interior Features
High Speed Internet
Amenities
Bike Storage, Guest Suites, RV/Boat Storage, Storage
Cooling
Central Air, Ceiling Fan(s), Electric, Zoned
Heating
Central, Electric
Flooring
Carpet, Tile, Wood
Exterior Features
Room For Pool, Storage, Water Feature
Waterfront
Yes
Waterfront Description
Lake
Water
Public
Sewer
Public Sewer
Pets
Yes

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Calculator source: Real Geeks

Listing courtesy of Royal Shell Real Estate, Inc..