21504-21500 Indian Bayou Drive

Fort Myers Beach, FL 33931

$3,500,000
Price
6
Beds
4
Baths
6,101 Sq. Ft.
$574 / Sq. Ft.
6,101
Sq. Ft.
$574
per Sq. Ft.

Description

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...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.
  1. Listed by Caprice Krumsick • MVP Realty Associates LLC
  2. Listed by Julia Gerold • MVP Realty Associates LLC

Property Details for 21504-21500 Indian Bayou Drive

Development
INDIAN BAYOU SUBD
Building Design
Duplex
Community Type
Boating, Non-Gated
Waterfront
Yes
Waterfront Desc
Bay Access, Mangrove, Navigable Water
Waterfront Desc
Bay, Mangrove, Navigable
View
None/Other

Location

Listing Courtesy of MVP Realty Associates LLC, Caprice Krumsick; MVP Realty Associates LLC, Julia Gerold
Add your commute
LISTING UPDATED: 05/16/2024 08:27 AM

Property Details for 21504-21500 Indian Bayou Drive

StatusActive
MLS #224038479
Days on Market19
Taxes$20,832 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1997
Lot Size0.17 AC / 7,405 SF
CountyLee County

Location

Listing Courtesy of MVP Realty Associates LLC, Caprice Krumsick; MVP Realty Associates LLC, Julia Gerold
Add your commute

Building Information for 21504-21500 Indian Bayou Drive

Stories2Residences2Year Built1997Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$20,837 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,101

Property Taxes

$1,736

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21504-21500 Indian Bayou Drive

Summary
Location and General Information
  • City: FORT MYERS BEACH
  • 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.
  • Human Modified: Yes
  • Latitude: 26.43
  • Longitude: -81.91
  • MLS Area Major: FB04 - Avenida Pescadora to S.Bd
  • Pets: No Approval Needed
  • Postal Code: 33931
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Name: Indian Bayou
  • Street Number: 21504 + 21500
  • Street Suffix: DR
  • Block: 120A
  • Full Address: 21504 + 21500 Indian Bayou DR
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Tax Annual Amount: $20,832.12
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: INDIAN BAYOU SUBD
  • Number Of Buildings: 1
  • Parcel Number: 33-46-24-W2-0120A.0000
  • Property Type: Residential Income
  • Section: 33
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Oversized Lot, Cul De Sac, Sprinklers Automatic
  • Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 45 x 190 x 216 x 248
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: 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
Property and Assessments
  • Total Area: 6101.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 46
  • Range: 24
  • Special Assessment: 0.00
  • Sub Condo Name: INDIAN BAYOU SUBD
  • Year Built Numeric: 1997
  • Property Sub Type Additional: Duplex
  • Zoning Code: RM-2
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid
  • Water: Assessment Paid
Multi Family
Multi-Family Information
  • Gross Rental Income: $.00
  • Annual Net Operating Income: $.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 2
  • Annual Expenses: $.00
  • Other Fee: $.00
  • Stories: 2.0
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Balcony,Family,Great Room,Laundry in Residence,Open Lanai/Porch,Screened Balcony,Screened Lanai/Porch,Auto Garage Door,Cable Available,Ceiling Fan(s),Cooktop,Dishwasher,Dryer,Microwave,Refrigerator/Ice,Smoke Detector,Washer,Window Covering
  • Furnished: Furnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 4.00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Item3Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 3006.0
Unit 2 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Balcony,Great Room,Laundry in Residence,Screened Lanai/Porch,Auto Garage Door,Cable Available,Ceiling Fan(s),Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator/Ice,Smoke Detector,Washer,Window Covering
  • Furnished: Furnished
  • Garage Type: Yes
  • Unit Type Garage Spaces: 4.00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Item3Bedroom
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Living Area: 3095.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Two Story, Stilt, Duplex
  • Association Amenities: Beach Rights, Beach Access
  • Canal Width: None
  • Community Features: Boat Facilities, Elevator, Non Gated
  • Construction: Poured Concrete, See Remarks, Wood Frame, Concrete Block
  • Exterior Features: Sprinkler Irrigation, Outdoor Shower
  • Exterior Features: Outdoor Shower, Sprinklers Auto
  • Foundation Details: Pillar Post Pier
  • Irrigation Source: Includedin Assessment
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Salt Water
  • Private Pool: Yes
  • Roof: Metal
  • Structure Type: Duplex
  • Gulf Access Type: No Bridges, Water Direct
  • Gulf Access: Yes
  • Spa: Yes
Interior Features
  • Baths Full: 4
  • Bathrooms Total Integer: 4.0
  • Beds Total: 6
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Elevator Text Details: Common
  • Flooring: Tile, Vinyl
  • Heating: Central, Electric
  • Heating: Yes
  • Levels: Two
  • Spa Features: Electric Heat, Gunite, In Ground
  • Window Features: Single Hung, Sliding
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 21504-21500 Indian Bayou Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 21504-21500 Indian Bayou Drive

This home is within Lee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 1 to 12
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Fort Myers Beach Elementary School
PublicPK to 5

Bonita Springs High School
Public1 to 12

Paul Laurence Dunbar Middle School
Public6 to 8

Bonita Springs Middle Center For The Arts
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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21504-21500 Indian Bayou Drive is a multi-family home for sale in Fort Myers Beach, FL 33931. This property was listed for sale on April 28, 2024 by MVP Realty Associates LLC, it's currently listed at $3,500,000. This listing's school district is Lee. Nearby schools include Fort Myers Beach Elementary School, Bonita Springs High School and Paul Laurence Dunbar Middle School. 21504-21500 Indian Bayou Drive is a 6-bed, 4-bath, 6,101 sqft multi-family home built in 1997.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MVP Realty Associates LLC, Caprice Krumsick; MVP Realty Associates LLC, Julia Gerold

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.