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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.
Property Details
Price: $1,499,000
Sq Ft: 3,848
($390 per
sqft)
Bedrooms: 4
Bathrooms: 4
City: Fort Myers Beach
County: Lee
Type: Single Family
Development: Flamingo Lakes
Acres: 0.4120
Virtual Tour/Floorplan:
View
Year Built: 1990
Listing Number: 226002028
Status Code: A-Active
Taxes: $15,900.15
Tax Year: 2024
Garage:
Furnishings: Furnished
Pets Allowed: Yes
Interior Features:
Built- In Cabinets
Amenities:
Bike Storage
Boat Storage
Storage
Internet Access
Financial Information:
Taxes: $15,900.15
Tax Year: 2024
Exterior Features:
Balcony
Open Porch/ Lanai
Outdoor Shower
Storage
Equipment:
Electric Cooktop
Dishwasher
Disposal
Dryer
Microwave
Range
Washer
View:
Y
Waterfront Description:
Lake
Additional Information:
Building Description: Two Story, Single Family
Community Type: Non- Gated
MLS Area: Flamingo Lakes
Total Square Footage: 4,160
Total Floors: 2
Water: Central
Construction: Wood Frame, Vinyl Siding
Date Listed: 2026-01-14 00:00:00
Furnished: Furnished
Kitchen Description: Island, Pantry
Parking: Under Bldg Open, Attached Carport
Flooring: Carpet, Tile, Wood
Roof: Metal
Heating: Central Electric
Cooling: Ceiling Fan(S), Central Electric
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Laundry: Laundry In Residence
Irrigation: Central
Pets: Yes
Restrictions: None
Maintenance: None
Rear Exposure: E
Lot Desc.: Regular
Amenities: Bike Storage, Boat Storage, Storage, Internet Access
Map of 21697/699 Indian Bayou Dr, Fort Myers Beach, FL 33931
Listing Courtesy Of: Premiere Plus Realty Company
beach.realtor11@gmail.com