Home > Flamingo Lakes > 21697/699 Indian Bayou Dr, Fort Myers Beach, FL 33931
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21697/699 Indian Bayou Dr, Fort Myers Beach, FL 33931 - 4 Bedroom Home in Flamingo Lakes

$1,499,000

MLS Number
226002028
Bedrooms
4 Bed
Bathrooms
4 Baths
Living Area
3,848 sq ft
Total Area
4,160 sq ft
Garage Spaces
0
Year Built
1990
Days on Market
4

home Property Description

Waterfront duplex offering island living at its finest, ideally located on a quiet cul-de-sac street on the highly desirable south end of Fort Myers Beach. This beautifully maintained, high-elevation property features two spacious residences, each just under 2,000 square feet, with two bedrooms, two baths, and a versatile loft, creating exceptional flexibility for full-time living, seasonal enjoyment, or income-producing use. Zoned for WEEKLY rentals.

Set along a peaceful lake with lush tropical landscaping, the property enjoys a rare sense of privacy with no neighboring homes on one side, bordered instead by the beautifully maintained church property. Tranquil water views are enjoyed from the living areas, dining spaces, decks, backyard, and patios, where a lighted fountain provides soothing ambiance both day and night. Palm trees, tropical flowers, and abundant coastal wildlife—including pelicans, osprey, and roseate spoonbills—enhance the serene island setting.

Each side of the duplex offers private exterior access, while an interior adjoining door allows the property to function as a single four-bedroom, four-bath residence when desired—an ideal configuration for extended families, larger groups, or flexible rental arrangements.

Interiors are filled with natural light and feature open floor plans with two-story foyers, creating a bright, welcoming atmosphere. Fully equipped kitchens offer ample counter space, breakfast bars, and dedicated dining areas designed for gathering and entertaining. The property is being sold fully turnkey and extensively stocked, including well-appointed kitchens, furnishings, beach chairs, carts, games, and more—allowing for immediate enjoyment or rental readiness.

Outdoor living is a standout feature, with covered patios, expansive lawn areas, grilling spaces, and peaceful waterfront surroundings. Extensive parking includes covered parking for four vehicles, plus additional space accommodating up to eight more, along with outdoor storage areas.

Additional highlights include a NEW metal roof (2023) and proximity to one of the nicest beach accesses on the island, just one block away, featuring a new Mobi-Mat and upgraded entrance for easy access to the sugar-sand shoreline and Gulf waters.

Well suited as a full-time residence, seasonal retreat, or income-producing investment, this waterfront duplex offers privacy, flexibility, and a prime south island location near beaches, dining, shopping, and island amenities—an exceptional opportunity to enjoy the Fort Myers Beach lifestyle.

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fact_check The Basics

Property Type Single Family
Gulf Access No
Private Pool No
Private Spa No
Acres 0.412
Furnished Furnished
Last Modified 3 days ago

savings Financials & HOA Fees

Foreclosure No
Auction No
Short Sale No
Mandatory HOA No

roofing Building Features

Building Style 2 Story
Construction Materials Wood Frame, Vinyl Siding
Cooling Ceiling Fan(s), Central Electric
Covered Spaces 4
Elevator None
Floor Plan Great Room
Floors 2
Other Structures Storage
Rear Exposure East
Roof Metal
Storm Protection Impact Resistant Doors, Impact Resistant Windows
View Lake, Water
Water Source Central
Waterfront Features Lake

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chair Interior Features

Appliances & Equipment Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Washer
Interior Features Built-In Cabinets
Additional Rooms Balcony, Den - Study, Family Room, Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
Kitchen Features Island, Pantry
Flooring Carpet, Tile, Wood
Gas No
Laundry Laundry in Residence

holiday_village Neighborhood and Community

Pets Allowed Yes
Amenities Bike Storage, Boat Storage, Storage, Internet Access
Neighborhood Flamingo Lakes
Neighborhood Type Non-Gated
Included in Fees None
HOA Restrictions None

travel_luggage_and_bags Leasing Rules

Lease Limits Yes
Leases Per Year 52
Minimum Days of Lease 7

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Chris Farrugia, REALTOR Portrait

Chris Farrugia, M.B.A.

Realtor® at The Listing Naples Group

📞 (239) 248-8171
📧 chris@listingnaples.com

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The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Listing provided by Premiere Plus Realty Company.