About 21697 / 699 Indian Bayou Drive Unit# 699, Fort Myers Beach, Florida, 33931
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.
Irrigation Source : Municipal
Utilities : CableAvailable
Water Source : Public
Sewer System : PublicSewer
Community Features : NonGated
Association Amenities : BikeStorage, RvBoatStorage, Storage
Association : false
Association Fee : 0
Association Fee Includes : None
Parking Features : SecurityHighImpactDoors, OutdoorShower, Storage
Garage Spaces: 0
Exterior Features : SecurityHighImpactDoors, OutdoorShower, Storage
Lot Features : RectangularLot
Road Surface Type : Paved
Roof : Metal
Waterfront : Yes.
Waterfront Features : Lake
Architectural Style : TwoStory
Property Sub-Type Additional : SingleFamilyResidence
Property Condition : Resale
Zoning Description : TFC2
Heating : Yes.
Heating : Central, Electric
Cooling : Yes.
Cooling : CentralAir, CeilingFans, Electric
Construction Materials : VinylSiding, WoodFrame
Foundation Details: PillarPostPier
Interior Features : BreakfastBar, BuiltInFeatures, FamilyDiningRoom, KitchenIsland, LivingDiningRoom, Pantry, ShowerOnly, SeparateShower, HighSpeedInternet
Laundry Features : Inside
Appliances : Dryer, Dishwasher, ElectricCooktop, Disposal, Microwave, Range, Washer
Window Features : ImpactGlass
Flooring : Carpet, Tile, Wood
Irrigation Source : Municipal
Utilities : CableAvailable
Water Source : Public
Sewer System : PublicSewer
Community Features : NonGated
Association Amenities : BikeStorage, RvBoatStorage, Storage
Association : false
Association Fee : 0
Association Fee Includes : None
Parking Features : SecurityHighImpactDoors, OutdoorShower, Storage
Garage Spaces: 0
Exterior Features : SecurityHighImpactDoors, OutdoorShower, Storage
Lot Features : RectangularLot
Road Surface Type : Paved
Roof : Metal
Waterfront : Yes.
Waterfront Features : Lake
Architectural Style : TwoStory
Property Sub-Type Additional : SingleFamilyResidence
Property Condition : Resale
Zoning Description : TFC2
Heating : Yes.
Heating : Central, Electric
Cooling : Yes.
Cooling : CentralAir, CeilingFans, Electric
Construction Materials : VinylSiding, WoodFrame
Foundation Details: PillarPostPier
Interior Features : BreakfastBar, BuiltInFeatures, FamilyDiningRoom, KitchenIsland, LivingDiningRoom, Pantry, ShowerOnly, SeparateShower, HighSpeedInternet
Laundry Features : Inside
Appliances : Dryer, Dishwasher, ElectricCooktop, Disposal, Microwave, Range, Washer
Window Features : ImpactGlass
Flooring : Carpet, Tile, Wood

Street Address: 21697 / 699 Indian Bayou Drive Unit# 699
City: Fort Myers Beach
State: Florida
Postal Code: 33931
County: Lee

Property Information :
Listing Status: Active
Size: 4,160 Sqft
Lot Size: 0.41 Acres
MLS #: 226002028
Bedrooms: 4 bd
Bathrooms: 4 ba
Price: $1,499,000
Tax Amount: 15900.15
Construction Status: Built in 1990
Last Modified : Jan 14 2026 9:41PM
Amenities :
View

Courtesy of: J Alex King, Premiere Plus Realty Company (MLS# PREP)
Source MLS: SWFL