21504 + 21500 Indian Bayou Drive Fort Myers Beach, FL $ 3,500,000
21504 + 21500 Indian Bayou Drive
$ 3,500,000
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21504 + 21500 Indian Bayou Drive

Fort Myers Beach, FL, 33931
$ 3,500,000
Bedrooms6 Baths4.0 Sq 6,101

Monthly Estimate*

$ 23,262

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Multi-Family Home for sale in Fort Myers Beach, FL

for $3,500,000 with 6 bedrooms and 4 full baths. This 6,101 square foot home was built in 1997 on a lot size of 0.17.

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.

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Multi-Family Active

Price

$ 3,500,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 20,832

Style

Two Story,Stilt,Duplex

Lot Size

0.17

Year Built

1997

Town/City

Fort Myers Beach

County/Region

Lee

MLS | Web ID

224038479

Features
General
Sewer Assessment Paid
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Metal
Exterior Features Sprinkler/Irrigation Outdoor Shower
HOA 0
Architectural Style Two Story Stilt Duplex
Pool Features Concrete Electric Heat Heated In Ground Pool Equipment Screen Enclosure Salt Water
Construction Materials Block Concrete See Remarks Stucco Wood Frame
Pets Allowed Yes
Year Built 1997
Tenant Pays Janitorial Service
Stories 2
Levels Two
Property SubType Duplex
Tax Year 2023
Waterfront Features Bay Access Mangrove Navigable Water
Community Features Boat Facilities Elevator Non-Gated
County Lee
Net Operating Income 0
Operating Expense 0
Property Type Residential Income
Association Amenities Beach Rights Beach Access
Subdivision Name INDIAN BAYOU SUBD
Status Active
Directions Estero Blvd southbound make a left on Lanark Ave which leads into Indian Bayou Dr. The house will be at the very end at the cul-de-sac.
City FORT MYERS BEACH
Disclosures Foreign Seller
Land Lease Amount 0
Zoning Description RM-2
Total Units 2
MLS Area FB04 - Avenida Pescadora to S.Bd
Waterfront Y/N 1
Street Name Indian Bayou
Spa Features Electric Heat Gunite In Ground
Tax Annual Amount 20832.12
Property Condition Resale
Virtual Tour https://tour.homephotoprorep.com/public/vtour/display/424180?idx=1#!/ https://tour.homephotoprorep.com/public/vtour/display/424188?idx=1#!/
Days on Market 18
Structure Type Duplex
Standard Status Active
Property Sub Type Additional Duplex
Legal Description HERON WATCH CONDO DESC OR 2999 PG 2216 UNIT A + HERON WATCH CONDO DESC OR 2999 PG 2216 UNIT B + CONDO LOCATED IN NE1/4 SEC33 DESC OR 2999 PG 2216 COMMON ELEMENT
Condo Fee 0
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Interior
Flooring Tile Vinyl
Air Conditioning Y/N 1
Heating Y/N 1
Window Features Single Hung Sliding
Full Baths 4
Street Suffix Drive
Total Bedrooms 6
Total Baths 4
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Exterior
Lot Features Oversized Lot Cul-De-Sac Sprinklers Automatic
Water Source Assessment Paid
Lot Size Area 0.17
Foundation Details Pillar/Post/Pier
Number of Buildings 1
Spa 1
Building Area Total 6101
Lot Dimensions 45 x 190 x 216 x 248
Lot Size Acres 0.17
Road Surface Type Paved
Lot Size Units Acres
Lot Size Source Appraiser
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Caprice Krumsick

Listing Agent

Mvp Realty Associates Llc

Broker

caprice@caprice-florida-realtor.com

Email

Affordability Calculator

$24,998
Per Month
93%
7%
0%
Monthly Principal & Interest
$23,262
Monthly Property Taxes
$1,736
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2024$3,500,000 Listed Price

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21504 + 21500 Indian Bayou Drive, Fort Myers Beach, FL, 33931 is a Multi-Family Home for sale at $3,500,000 with 6,101 sqft and a lot size of 0.17. 21504 + 21500 Indian Bayou Drive has 6 bedrooms, 4.0 baths, and was built in 1997. The property's zip code is 33931 which is in Fort Myers Beach, FL