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21671 Indian Bayou Dr #673, Fort Myers Beach, FL, 33931

4beds
2baths
2,350sqft
$940,000
$400price/sqft
$6,798/moest. monthly cost
$271,920/yrincome needed

About This Home

Fort Myers beach Duplex on 3/4-acre lot, live on one side and rent the other side or rent both sides as an income property. This home is currently listed with a management company for Short- and long- term rentals. Home sits on pilings where the superior height offers lower flood insurance at only 1,000 a year. Home has never flooded or had any Hurricane damage. A-3 minuet walk to Sugar sand beaches that includes fishing, Dolphins hunting the Shoreline and long Sunset Strolls. The duplex is Turnkey with brand New Furniture, with beautiful Lake views, with large private balconies on each side, each unit has its own private laundry room. parking spots, along with individual carports for each unit. Both duplexes have been fully renovated with large format 2 FT X 4 FT Porcelain tile throughout the home and bathrooms. All modern bathrooms with new shower glass enclosures with all the modern touches. Brand new Kitchens with slow close draws and doors, new appliances, stylish backsplashes and new Quartz Counter tops. Home has a new metal roof 2023, new interior oil paint, new exterior paint, new decking, new water heaters, new washers, dryers, new plantation shutters, new smart TV's, brand new A/C's and new ceiling fans. Custom exterior Hardi Backer board exterior for maximum weather deterrent. New Landscaping, new exterior patio furniture with a propane fire pit and new landscaping rocks. Exterior lighting and string lighting creates a resort style setting. Very rare 100 FT X 100 FT of lake is also deeded to the property, so you could build a dock, sea wall, pier or additional lounging area. Very Large, enclosed storage room on the first floor approximately 500 square feet with a high ceiling. Additional 8X5 storage room for Beach gear. Minutes to Fort Myers Beach Town Shops, music, entertainment and restaurants. Begin your Florida lifestyle today.

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

4/10
Lexington Middle SchoolGrades 6-84.8 mi
4/10
Estero High SchoolGrades 9-126.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1984

Materials

  • Foundation: Pillar/Post/Pier,Raised
  • Roof: Metal
  • Construction materials: See Remarks,Wood Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Stilt,Duplex
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • High Speed Internet
  • Window features: Impact Glass,Single Hung,Sliding
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 2,350
  • Total interior livable area: 2,350 sqft

Property

Details

  • Parcel number: 334624W202600.0140
  • Lease amount: 0
  • Land lease expiration date: 1814313600000
  • Zoning description: TFC2

Features

  • Exterior features: Water Feature
  • On waterfront: Yes
  • Waterfront features: Lake

Lot

  • Lot size: 0.39 Acres
  • Features: Rectangular Lot
  • Lot size dimensions: 125 x 125 x 125 x 125

Parking

  • Parking features: Electric Vehicle Charging Station(s)

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tsunami

FEMA Declared Disasters in Lee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,753$57,036
Home Insurance *$700$8,400
Property Taxes $1,109$13,308
Electricity $236$2,837
Total$6,798$81,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$233,074/yr
40% on housing$203,940/yr
45% on housing$181,280/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.2%
15.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$400This listing

vs Other Active Listings

Avg $/sqft

ZIP 33931$620
Lee County$283

vs Homes Sold Last Month

Median $/sqft

ZIP 33931$520
Lee County$222

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Price change$940,000
2026-06-30Listed for sale$968,000
2024-08-16Sold$968,200
2011-05-24Sold$277,000

For Sale by Agent

AgentMichael Hall
BrokerageCentury 21 AllPoints Realty

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