About 21697 / 699 Indian Bayou DRUnit# 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.
Unit Number : 699
DiningRoom Features: Breakfast Bar, Dining - Family
Kitchen Description: Island, Pantry
Additional Rooms: Balcony, Den - Study, Family Room, Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
Pets Allowed : Yes
Irrigation Source: Central
Maintenance : None
Water Source : Central
Association Amenities: Bike Storage, Boat Storage, Storage, Internet Access
Parking Features: Under Bldg Open, Attached Carport
4 Parking Spaces
4 Carport Spaces
Storm Protection : Impact Resistant Doors, Impact Resistant Windows
Exterior Features: Balcony, Open Porch/Lanai, Outdoor Shower, Storage
Lot Features : Regular
Roof : Metal
Road Frontage Type : Paved
Architectural Style : Two Story, Single Family
Structure Type : House
Equipment:Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Washer
TFC2
Cooling: Ceiling Fan(s), Central Electric
Heating : Central Electric
Construction Materials: Wood Frame, Vinyl Siding
Foundation Details: Pillar/Post/Pier
Interior Features: Built-In Cabinets
Building Description : 2 Story
Appliances : Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Washer
Equipment : Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Washer
Flooring : Carpet, Tile, Wood
Levels : 2
LaundryFeatures : Laundry in Residence
Other Structures: Storage
Unit Number : 699
DiningRoom Features: Breakfast Bar, Dining - Family
Kitchen Description: Island, Pantry
Additional Rooms: Balcony, Den - Study, Family Room, Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
Pets Allowed : Yes
Irrigation Source: Central
Maintenance : None
Water Source : Central
Association Amenities: Bike Storage, Boat Storage, Storage, Internet Access
Parking Features: Under Bldg Open, Attached Carport
4 Parking Spaces
4 Carport Spaces
Storm Protection : Impact Resistant Doors, Impact Resistant Windows
Exterior Features: Balcony, Open Porch/Lanai, Outdoor Shower, Storage
Lot Features : Regular
Roof : Metal
Road Frontage Type : Paved
Architectural Style : Two Story, Single Family
Structure Type : House
Equipment:Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Washer
TFC2
Cooling: Ceiling Fan(s), Central Electric
Heating : Central Electric
Construction Materials: Wood Frame, Vinyl Siding
Foundation Details: Pillar/Post/Pier
Interior Features: Built-In Cabinets
Building Description : 2 Story
Appliances : Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Washer
Equipment : Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Washer
Flooring : Carpet, Tile, Wood
Levels : 2
LaundryFeatures : Laundry in Residence
Other Structures: Storage

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

Property Information :
Listing Status: Active
Size: 3,848 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 7:35PM

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