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21691 Indian Bayou Dr, Fort Myers Beach, FL, 33931

$1,100,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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21691 Indian Bayou Dr, Fort Myers Beach$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontLake Front
MLS #224096836
Lot Size0.37 Acres
StatusActive

About 21691 Indian Bayou Dr

This WATERFRONT DUPLEX in the desirable Indian Bayou neighborhood is a rare find for investors or those seeking a vacation RENATAL property. Perfectly zoned for WEEKLY rentals, this property offers an unbeatable combination of location, flexibility, and income potential. The property has two separate units. Each unit features a well-appointed layout with 2 -bedrooms, 1 -bathroom, kitchens, and living spaces, ideal for accommodating guests or dual-family living. This property is perfect for generating consistent rental income while also serving as a personal waterfront retreat. The property has predicted gross revenue of $102,000 annually by the local rental management company. Its location and rental flexibility make it a standout opportunity in the Fort Myers Beach market. Minutes from Fort Myers Beach, restaurants, shopping, and entertainment, while tucked away in a tranquil, private setting. Seize the opportunity to own a high-performing investment property in one of Southwest Florida’s most coveted markets. Whether you’re seeking a reliable income stream or a personal getaway with investment perks, this duplex delivers on all fronts.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1984

Listing Office:

  • Office Name: Premiere Plus Realty Company
  • Office Phone: (239) 732-7837
  • Listing Agent: J Alex King

Interior Features

Interior Information:

  • Flooring Type: Laminate, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • Exterior: None

Lot Features

Lot Information:

  • Lot: Oversized Lot
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $4,218
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Myers Beach, FL.

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Fort Myers Beach, FL

City

Med. Sold Price

$670K

Med. Price/SqFt

$526

Avg. Days On Market

108

# of Sold Homes

21

21691 Indian Bayou Dr vs Fort Myers Beach

38 DAYS ON ROCKET

-70 Days

$1,100,000

+$430K More

KEY TAKEAWAY

This property is $430K more than the Median Sold Price in Fort Myers Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224096836

Listing Office:

  • Office Name: Premiere Plus Realty Company
  • Office Phone: (239) 732-7837
  • Listing Agent: J Alex King

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 03, 2019Home Sold
$435,000
Sep 04, 2013Home Sold
$324,900

Tax History

YEARPROP. TAXASSESSMENT
2020$4,218$255,168
2019$4,090$246,292
2018$4,078$248,718
2017$4,045$242,256

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-732543
10
/10

  • Fort Myers Beach Elementary School

  • 2751 Oak St

  • 2.41 miles

  • Public District Grades KG-5

school-card-donut-732544
7
/10

  • Rayma C. Page Elementary School

  • 17000 S Tamiami Trl

  • 5.73 miles

  • Public District Grades KG-5

school-card-donut-732545
5
/10

  • Harlem Heights Community Charter School

  • 15570 Hagie Dr

  • 6.13 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,875. Residents of Fort Myers Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Lee County›Fort Myers Beach›33931›21691 Indian Bayou Dr

This home is located at 21691 Indian Bayou Dr in Fort Myers Beach, FL and zip code 33931. This home, which was built in 1984, sits on a 0.37 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $1,100,000.

Over 1 listings were sold over their listed price in December 2024 in Fort Myers Beach, FL. In the same period over 17 listings were sold below the listed price and 3 listings were sold for the listed price. Between November 2024 and December 2024, Fort Myers Beach, FL real estate market has seen increase in the number of listings by 16.3%. While the average time on the market in December 2024 was 108 days, the median list price was $670,000.

From Rocket Homes Real Estate and based on county public records data.

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