Flamingo Lakes, 21697/699 Indian Bayou Dr

4
Beds
4
Baths
3,848
SqFt
$364
$/SqFt
House
Built in 1990
Lake, Water View
Waterfront
Two Story, Single Family
Balcony
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.
MLS Number: 226002028
Updated: 67 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 4
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, Open Porch/Lanai, Outdoor Shower, Storage
  • View: Lake, Water
Interior, Heating and Cooling
  • Interior Features: Built-In Cabinets
  • Equipment / Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Washer
  • Heating Description: Central Electric
  • Cooling Description: Ceiling Fan(s), Central Electric
Building and Construction
  • Floor Description: Carpet, Tile, Wood
  • Windows/Treatment: No info
  • Construction Type: House
  • Year Built: 1990
  • Style: Two Story, Single Family
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Maintenance Includes: None
    • Taxes: 15900.15
    • Security Information: No info
    • Parking Description: Under Bldg Open, Attached Carport
    • Total Floors in Building: 2
    • Total Units in Building: 2

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    Price History

    Current
    $1.4M
    High
    $1.5M
    Low
    $1.4M
    Total Change
    -6.7%
    $1.5M$1.4M$1.4MJan 26Mar 26Apr 26
    Date
    Event
    Price
    Change
    Price Per
    04/22/2026
    Price Reduced
    $1.4M
    -3.45%
    $364 ft2
    $3,913 m2
    03/19/2026
    Price Reduced
    $1.4M
    -3.34%
    $377 ft2
    $4,053 m2
    01/21/2026
    Listed
    $1.5M
     
    $390 ft2
    $4,193 m2
    04/22/2026
    $1.4M
    Event
    Price Reduced
    Change
    -3.45%
    Price Per
    $364 ft2
    $3,913 m2
    03/19/2026
    $1.4M
    Event
    Price Reduced
    Change
    -3.34%
    Price Per
    $377 ft2
    $4,053 m2
    01/21/2026
    $1.5M
    Event
    Listed
    Price Per
    $390 ft2
    $4,193 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by J Alex KingPremiere Plus Realty Company • Buyer Agency Compensation .

    Listing Location & Street View
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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    14

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    46

    100
    Sound Score®
    Bearable noise
    78

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    29

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    1,800 - 3,848
    SqFt Range
    2002
    Year Build
    2
    Total Floors

    Subdivision Amenities

    Boat Storage
    Internet Access
    See Remarks
    Storage
    Bike Storage
    None