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$1,199,000
Monthly Est:$5,968
4 Beds
- 4 Baths
4 full baths
3,848sqft
21697/699 Indian Byp Dr, Fort Myers Beach, FL 33931
$1,199,000
$5,968/moEst:
Get Pre-Approved
Duplex
Built in 1990
$-- HOA
0.41 acre lot
$312/sq.ft
Description
WEEKLY RENTAL DUPLEX! Rarely does a property offer this level of flexibility, income potential, and coastal lifestyle in one exceptional package. Known as "Blue Bayou," this elevated duplex offers a unique Fort Myers Beach opportunity as a private retreat, multi-generational getaway, or vacation rental investment, with weekly rentals permitted. The beach access point is an approximate 3-4 minute stroll away, a big draw for vacation renters, and the access has a roll-out accessibility mat. Each turnkey furnished residence is over 1,900 sq. feet, easily accommodating up to eight guests. The floor plans are identical. Each residence has a spacious primary suite and guest suite, both with en-suite baths. Each has a versatile loft for additional living or sleeping space. A connecting interior door allows the units to function together as one expansive family retreat (4 bedrooms & 4 baths) or independently as two separate rental accommodations. Bright coastal interiors showcase soaring ceilings, abundant windows, generous living and dining areas, and large covered decks ideal for outdoor dining, entertaining, and relaxing. Elevated construction provides covered under-building parking for 4 vehicles plus ample additional parking, and storage for beach gear. A local pool company has indicated there is room for a pool, subject to buyer verification, permitting, and due diligence. Recent improvements include a 2023 metal roof, complete re-plumbing in 2022, HVAC replacement in 2022, main electrical meter replacement in 2024, and an updated primary en-suite bath in one unit. Both units have an in-unit laundry room, tasteful furnishings, and turnkey vacation-rental appeal. Lush tropical landscaping and a tranquil estuary backdrop create a peaceful setting, while the property’s location bordering the Catholic church compound offers a quieter residential atmosphere, yet still close to the beach. A local vacation rental company projects potential combined annual income of more than $60,000. Their projection is attached; buyer should independently verify all rental, licensing, zoning, and income information. Blue Bayou is located 1 mile south of Publix and 1 mile north of the newly revitalized Santini Plaza, with numerous shops including The UPS Store, Ace Hardware, several restaurants, storage and a popular weekly in-season farmers market and craft fair, plus a CVS across the street from Santini. Blue Bayou offers a rare combination of lifestyle, flexibility, and investment potential in an exceptional Fort Myers Beach location.
- Houzeo last checked: 4 hours ago
- Listing updated: October 30, 2026 at 7:46 pm
- Listing Provided by: Michael Koch (239) 246-0679 DRE #258005694 | Royal Shell Real Estate, Inc. (239) 260-8132
- Source: Florida Gulf Coast MLS, Fort Myers-FL | MLS#: 2026035822

This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1990
HOA Fees
-
Finished Area
3,848 sqft
Lot Size
0.41 acre lot
Basement Area
- sqft
MLS Name
Florida Gulf Coast MLS, Fort Myers
MLS Number
2026035822
MLS Status
Active
Days on Market
48
Cumulative Days on Market
43

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Flooring
Carpet, Tile, Wood
Interior Features
High Speed Internet
Cooling
Central Air, Ceiling Fans, Electric, Zoned
Window Features
Arched, Impact Glass, Other
Sewer
Public Sewer
Heating
Central, Electric
Exterior Features
Room For Pool, Storage, Water Feature
Construction
Year Built
Year Built: 1990
Home type
Duplex
Construction Materials
Vinyl Siding, Wood Frame
Architectural Style
Stilt, Duplex
Roof
Metal
Property Condition
Resale
Foundation Details
Pillar Post Pier, Raised
Utilities & Energy
Water Source
Public
Association Amenities
Bike Storage, Guest Suites, Rv Boat Storage, Storage
Utilities
Cable Available
Other Features
Tenant Pays
See Remarks
Disclosures
Seller Disclosure
Lot Features
Oversized Lot, Pond On Lot
Community Features
Non Gated
Subdivision Name
Flamingo Lakes
Price History
| Date | Event | Price |
|---|---|---|
09/17/2026 Source: | Price Decreased | $1,199,000 -14.30% $312/sqft |
04/22/2026 Source: | Price Decreased | $1,399,000 -3.45% $364/sqft |
01/14/2026 Source: | Listed for Sale | $1,449,000 -3.34% $377/sqft |
01/14/2026 Source: | Price Increased | $1,499,000 +7.15% $390/sqft |
01/14/2026 Source: | Off Market | $1,399,000 -6.67% $364/sqft |
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Based on information from the Florida Gulf Coast Multiple Listing Service, Inc. through Nov 04, 2026, 12:45PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this website. © 2026 Florida Gulf Coast Multiple Listing Service - All Rights Reserved.
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