21697 / 699 Indian Bayou Drive Unit 699, Fort Myers Beach, FL 33931

$1,499,000

Waterfront duplex offering island living at its finest, ideally located on a quiet cul-de-sac street on the highly desirable south end of Fort Myers Beach. This beautifully maintained, high-elevation property features two spacious residences, each just under 2,000 square feet, with two bedrooms, two baths, and a versatile loft, creating… Read More exceptional flexibility for full-time living, seasonal enjoyment, or income-producing use. Zoned for WEEKLY rentals. Set along a peaceful lake with lush tropical landscaping, the property enjoys a rare sense of privacy with no neighboring homes on one side, bordered instead by the beautifully maintained church property. Tranquil water views are enjoyed from the living areas, dining spaces, decks, backyard, and patios, where a lighted fountain provides soothing ambiance both day and night. Palm trees, tropical flowers, and abundant coastal wildlife—including pelicans, osprey, and roseate spoonbills—enhance the serene island setting. Each side of the duplex offers private exterior access, while an interior adjoining door allows the property to function as a single four-bedroom, four-bath residence when desired—an ideal configuration for extended families, larger groups, or flexible rental arrangements. Interiors are filled with natural light and feature open floor plans with two-story foyers, creating a bright, welcoming atmosphere. Fully equipped kitchens offer ample counter space, breakfast bars, and dedicated dining areas designed for gathering and entertaining. The property is being sold fully turnkey and extensively stocked, including well-appointed kitchens, furnishings, beach chairs, carts, games, and more—allowing for immediate enjoyment or rental readiness. Outdoor living is a standout feature, with covered patios, expansive lawn areas, grilling spaces, and peaceful waterfront surroundings. Extensive parking includes covered parking for four vehicles, plus additional space accommodating up to eight more, along with outdoor storage areas. Additional highlights include a NEW metal roof (2023) and proximity to one of the nicest beach accesses on the island, just one block away, featuring a new Mobi-Mat and upgraded entrance for easy access to the sugar-sand shoreline and Gulf waters. Well suited as a full-time residence, seasonal retreat, or income-producing investment, this waterfront duplex offers privacy, flexibility, and a prime south island location near beaches, dining, shopping, and island amenities—an exceptional opportunity to enjoy the Fort Myers Beach lifestyle. Read Less

Courtesy of J Alex King, Premiere Plus Realty Company.

Listing Snapshot

Days Online

Last Updated

Jan 15, 2026

Property Type

SingleFamilyResidence

Beds

Full Baths

Square Ft.

3,848

Lot Size

0.41 Acres

Year Built

1990

MLS Number

226002028

30 Days Snapshot Of 33931

$921k

+67%

(avg) sold price

-33%

homes sold

195

+7%

(avg) days on market

Snapshot

Area Map

Additional Details

Exterior Features

Storage, SecurityHighImpactDoors, OutdoorShower

Property Access

Road surface type: Paved

Appliances & Equipment

Dryer, Dishwasher, ElectricCooktop, Disposal, Microwave, Range, Washer

Building

Built in 1990, Architectural style: TwoStory, Construction materials: VinylSiding, WoodFrame, Levels: Two, 2, 2 total stories, Toal building area: 4160

Community

NonGated

Cooling

CentralAir, CeilingFans, Electric

Floors

Carpet, Tile, Wood

Water Features

Lake

Heating

Central, Electric

Home Owner's Association

Association amenities: BikeStorage, RvBoatStorage, Storage

Interior Features

Furnished: Furnished, BreakfastBar, BuiltInFeatures, FamilyDiningRoom, KitchenIsland, LivingDiningRoom, Pantry, ShowerOnly, SeparateShower, HighSpeedInternet

Laundry

Inside

Lot

0.412 acres, RectangularLot

Parking

4 carport spaces, 4 covered spaces, Underground, TwoSpaces, AttachedCarport

Pets Policy

Yes

Property

Patio and porch features: Balcony, Open, Porch, Lake, Water

Roof

Metal

Security Features

None

Sewer

PublicSewer

Taxes

Year: 2024

Utilities

CableAvailable

Windows

ImpactGlass

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21697 / 699 Indian Bayou Drive Unit 699

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