Waterfront
Address
21504 + 21500 Indian Bayou Drive, Fort Myers Beach, FL
Price
$ 3,500,000
Property Attributes
  • MLS#224038479
  • TypeMulti-Family
  • CountyLEE
  • CityFort Myers Beach
  • AreaFB04 - Avenida Pescadora to S.Bd
  • NeighborhoodIndian Bayou Subd
  • Zip33931
  • StyleTwo Story,Stilt,Duplex
  • Year Built1997
  • Taxes$ 20832
  • Price$ 3,500,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage6101
  • Lot Size7,405 SqFt
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

Rare opportunity to own this stunning bayfront beauty! 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. The right side offers 3095 sf, while the left side offers 3006 sf under air, totaling 6101 sf 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.

Price History
4/28/2024 Listed $3,500,000

General Features

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
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
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
Buyer Agent Compensation 2.5%
Disclosures Foreign Seller
Zoning Description RM-2
Total Units 2
MLS Area FB04 - Avenida Pescadora to S.Bd
Waterfront Y/N Yes
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#!/
Structure Type Duplex
Standard Status Active
Virtual Tour https://tour.homephotoprorep.com/public/vtour/display/424188?idx=1#!/
Property Sub Type Additional Duplex
PostalCity FORT MYERS BEACH
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

Interior Features

Flooring Tile,Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Single Hung,Sliding
Full Baths 4
Street Suffix Drive
Total Bedrooms 6
Total Baths 4

Exterior Features

Lot Features Oversized Lot,Cul-De-Sac,Sprinklers Automatic
Water Source Assessment Paid
Lot Size Area 0.17
Foundation Details Pillar/Post/Pier
Canal Width None
Number of Buildings 1
Spa Yes
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
Road Responsibility Public Maintained Road
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 33931

Price
AVG $1.71M
$3.5M
Taxes
AVG $7,944
$20,832
Visits
AVG 243
80
Data Provided by Inside Real Estate®
Year Built
AVG 1971
1997

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