• $875,000List Price
  • ActiveStatus
  • 30Number of Photos
  • 26.427838Latitude
  • 21691/693 Indian Bayou DriveAddress
  • Indian Bayou DriveStreet
  • Fort Myers BeachTown
  • FLState
  • 33931Zip
  • LeeCounty
  • 2026033476MLS Number
  • 4Bedrooms
  • 2Full Bath
  • 1984Year Built
  • 0.37Acreage

Listing Tools

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!

Location

Based on information submitted to Gulf Coast as of November 13, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or Gulf Coast.  All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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