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$3,500,000   Price Analysis
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21504 21500 Indian Bayou Dr
Fort Myers Beach, FL 33931
6 bed 4 bath 6,101 SqFt ($573/SqFt)
7,405SqFt lot. Built 1997
Listed 2024-04-28, Taxes $8,687
Ⓧ USDA Ineligible
due to price & location

near Fort Myers Beach

Rare opportunity to own this stunning bayfront beauty!

Enjoy the best of both worlds on Fort Myers Beach: bayfront boating and 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 exceptional 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 exceptional 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 seam less metal roof, vinyl flooring, impact sliding doors in the master suites, pool resurfaced with new tiles and 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. Brand new pictures with more updted home and new furnishings coming soon. Sold as you see it during your showing.


Presented by Caprice Krumsick at
MVP Realty Associates LLC.


Property MLS #224038479 from FLGulfCoastMLS

Bedrooms: 6

Total Bathrooms: 4
Full Bathrooms: 4

Cooling Features: CentralAir, Electric
Heating Features: Central, Electric
Heating: Yes

Flooring: Tile, Vinyl
Window Features: SingleHung, Sliding

SprinklerIrrigation
OutdoorShower
Road Responsibility: PublicMaintainedRoad
Road Surface Type: Paved

Water Features: Boat Dock Private, Dock Included
BayAccess
Mangrove
NavigableWater

Pool Features: Concrete, ElectricHeat, Heated, InGround, PoolEquipment, ScreenEnclosure, SaltWater
Pool Private: Yes
Spa Features: ElectricHeat, Gunite, InGround
Spa: Yes

Lot Description: OversizedLot, CulDeSac, SprinklersAutomatic
Lot Dimensions Source: Appraiser
Lot Size Acres: 0.17
Lot Size Dimensions: 45 x 190 x 216 x 248
Lot Size Source: Appraiser
Lot Size Square Feet: 7405

Association: No
Association Amenities: BeachRights, BeachAccess
Calculated Total Monthly Association Fees: 0
Pets Allowed: Yes

Number of Buildings: 1
Number of Units: 2

Tenant Pays: JanitorialService

Community Features: BoatFacilities, Elevator, NonGated

Annual Tax Amount: 20832.11999999
Tax Block: 120A
Source Listing Status: Active
County: Lee
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.
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: INDIAN BAYOU SUBD
Parcel Number: 33-46-24-W2-0120A.0000
Postal City: FORT MYERS BEACH
Public Survey Range: 24
Public Survey Section: 33
Public Survey Township: 46
Subdivision: INDIAN BAYOU SUBD
Zoning Description: RM-2
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$587,119 + $unknown
$587,119
$8,687
2021$unknown + $unknown
$645,831
$8,687
2020$unknown + $unknown
$553,112
$8,791
2019$unknown + $unknown
$502,829
$7,969
2018$452,791 + $4,326
$457,117
$6,927
2017$943,160 + $unknown
$943,160
$10,507
2016$436,938 + $unknown
$436,938
$6,863
2015$544,374 + $4,326
$548,700
$8,741
2014$unknown + $unknown
$554,450
$6,865
2013$unknown + $unknown
$533,060
$6,875
2012$unknown + $unknown
$484,600
$7,684
2011$unknown + $unknown
$498,100
$6,734
2010$unknown + $unknown
$419,437
$6,585
2009$unknown + $unknown
$408,410
$6,330
2008$unknown + $unknown
$408,000
$5,883
2007$unknown + $unknown
$451,000
$6,637

Listed 2024-04-28
$3,500,000
FLGulfCoastMLS
Listing removed 2023-09-25
$3,300,000
BonitaSprings
Listing removed 2022-10-11
$0
FLGulfCoastMLS
Listed 2022-09-24
$3,300,000
FLGulfCoastMLS
Listing removed 2017-09-14
$5,500
AppfolioUnits
Listed for rent 2017-08-22
$5,500
AppfolioUnits
Listing removed 2017-04-25
$5,500
AppfolioUnits
Listed for rent 2016-07-14
$5,500
AppfolioUnits
Sold 2014-05-21
$550,000
FLGulfCoastMLS
Listing removed 2014-01-30
$700,000
FLGulfCoastMLS
Listed 2014-01-30
$639,900
FLGulfCoastMLS
Listing removed 2013-12-01
$700,000
FLGulfCoastMLS
Listed 2013-12-01
$700,000
FLGulfCoastMLS
Listed 2013-06-10
$700,000
FLGulfCoastMLS
Listing removed 2013-05-03
$1,575,000
FLGulfCoastMLS
Price Changed 2013-04-01
$1,575,000
FLGulfCoastMLS
Price Changed 2013-03-27
$789,000
FLGulfCoastMLS
Price Changed 2013-02-19
$1,575,000
FLGulfCoastMLS
Price Changed 2013-02-07
$799,900
FLGulfCoastMLS
Listed 2012-11-15
$900,000
FLGulfCoastMLS

Irrigation Source: IncludedinAssessment

Year Built: 1997
Building Area Total: 6101
Construction Materials: Block, Concrete, Stucco, WoodFrame
Foundation Details: PillarPostPier
Levels: Two
Property Age: 27
Property Condition: Resale
Roof: Metal
Levels or Stories: 2
Structure Type: Duplex
House Style: TwoStory, Stilt, Duplex
Architectural Style: TwoStory, Stilt, Duplex

Sewer: AssessmentPaid
CableAvailable
Water Source: AssessmentPaid

Fort Myers Beach Elementary School is a public elementary school located approximately 2.3 miles away.
directions icon Map directions

Cypress Lake Middle School is a public middle school located approximately 7.8 miles away.
directions icon Map directions

South Fort Myers High School is a public high school located approximately 8.1 miles away.
directions icon Map directions

Summit Christian School is a private elementary and middle school located approximately 4.9 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
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water_frontunknownunknownunknownhouse_view
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.