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21697/699 Indian Bayou Drive, Fort Myers Beach
$1,199,000
4 Beds ⋅ 4 Baths ⋅ 2026035822 MLS
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.

21697/699 Indian Bayou Drive, Fort Myers Beach

21691/693 Indian Bayou Drive, Fort Myers Beach
$875,000
4 Beds ⋅ 2 Baths ⋅ 2026033476 MLS
Discover a rare opportunity to own a waterfront duplex in the desirable Flamingo Lakes neighborhood of Fort Myers Beach, offering weekly rental potential and convenient walking access to the beach. This versatile property offers an exceptional combination of investment potential, waterfront living, and flexibility in one of Southwest Florida’s most sought-after destinations. The property features two separate units, each offering 2 bedrooms, 1 bathroom, a full kitchen, and comfortable living spaces. Whether you're looking to maximize rental income by operating both units as vacation rentals, live in one unit while generating income from the other, or enjoy the entire property as your own waterfront retreat, the possibilities are endless. Enjoy the peaceful waterfront setting from the back deck, where you can relax in the enclosed lanai or step out into the open-air area to soak up the Florida sunshine. Take in the beautiful lake views and the soothing sound of the water fountain, creating the perfect setting to unwind after a day at the beach. One of the property's biggest attractions for vacation renters is its convenient proximity to beach access, just an approximate 3–4 minute stroll away. Even better, the beach access features a roll-out accessibility mat, making the beach more accessible for guests with mobility needs. Enjoy the appeal of waterfront living in the established Indian Bayou community, conveniently located just minutes from local restaurants, shopping, entertainment, and everything Fort Myers Beach has to offer. With its desirable location, duplex configuration, walkable beach access, and weekly rental potential, this property presents an opportunity that is increasingly hard to find in the Fort Myers Beach market. Whether you're an investor, vacation rental owner, or looking for a property that offers both lifestyle and income potential, don't miss your opportunity to own this unique waterfront duplex!

21691/693 Indian Bayou Drive, Fort Myers Beach

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