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21504 - 21500 Indian Bayou Drive, Fort Myers Beach, FL 33931

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For Sale

$3,500,000

6 beds • 4 baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • 21-30 Years Old
    Age

Explore this Property

Rare opportunity to own this stunning bayfront beauty! Enjoy the best of both worlds on Fort Myers Beach: bayfront boating and just a couple of minutes' walk to the beach. This 2-story duplex mansion sits on concrete pilings, practically making it a 3-story home. Just professionally remodeled after Hurricane Ian, with the latest addition being new code-compliant hurricane shutters (currently contracted but not yet installed), included in the sale. Balconies and windows offer amazing views over the bay on the 2nd and 3rd levels. Incredible views! The right side offers 3,095 square feet, while the left side offers 3,006 square feet under air, totaling 6,101 square feet under air. The versatility of this property is endless. Live in one side, rent the other short or long term. Purchase with friends or family. It's also an awesome investment for short-term rentals. The house can be combined and opened to both sides of the duplex on all floor levels. The common area in the middle offers an elevator/shaft (currently not operable, estimated at $70k to replace/repair, repair not included in the sale), starting in the garage. Each side's 3rd story offers a master suite with 2 walk-in closets, large bathroom with double sinks, shower, vanity, water closet, bedroom with seating area, and wide views over the bay with a balcony. The second story features 2 large bedrooms and a Jack and Jill bathroom with shower tub combination, vanity sink, and toilet on each side. Furthermore, enjoy a large 2-story great room with living, dining, open kitchen, and balcony with bay views. The first floor is garage space for toys and can accommodate at least 4 cars on each side. The duplex used to be in a high-end rental program and is offered turnkey with the exclusion of personal items. Constantly updated, including a new 50-year seamless metal roof, vinyl flooring, impact sliding doors in the master suites, pool resurfaced with new tiles & spa, complete new pool system, and new AC systems. The dock into the bay will need to be rebuilt at a higher level and is sold as-is. Enjoy total privacy at the end of the cul-de-sac. New pictures with more updated home and new furnishings coming soon. Sold as you see it during your showing.
MLS# 224038479

Courtesy Of Realty One Group MVP

(800) 896-8790

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Dock, Disabled Access, Elevator, Water Front, Cable Ready
  • Architecture Style
    Other
  • Exterior Type
    Block, Concrete, Stucco
  • Floor Covering
    Tile, Vinyl
  • Heating System
    Central Furnace
  • Lot Size
    0.58 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 21504 - 21500 Indian Bayou Drive, Fort Myers Beach, FL 33931

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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