21520/522 Indian Bayou DR, FORT MYERS BEACH, FL 33931

$2,550,000

DRAMATIC PRICE REDUCTION OF OVER $400,000 - OPPORUNITY KNOCKS!!! Truly unique modern, open-concept home on a huge +/- 0.82 acre lot offers a private dock with easy boating access to the Gulf of Mexico, spectacular views of Estero Bay preserve and a short stroll to the famous fine sands of… Read More Fort Myers Beach. Watch dolphins and manatees playing around your dock, while having coffee on your large screened-in lanai. Overlook your private dock and the bay past manicured mangroves, while enjoying the tranquility only a nature preserve can provide. The main upper living area features a modern open floor plan with a gourmet kitchen with bar island, quartz countertops with waterfall finishes, stainless steel appliance, a large open dining area overlooking the bay, a huge screened-in lanai with unbelievable views, a large living area, a luxurious master suite and three additional guest rooms. In addition the LEGAL lower living area features a completable self-contained, open-concept, 2 bedroom in-law suite or rental apartment with separate screened lanai overlooking the bay. It allows for extra elbow space and/or rental income with daily rental allowed. The entire home underwent an extensive structural and architectural rebuild in 2019/2020 to exceed current hurricane codes including hurricane resistant doors and windows, new roof, spray-foam insulation and updated framing members. High-end finishes like build-in appliances, crown moldings and custom, solid-core doors complete the design. The home showed NO wind damage from the category 5 winds of hurricane Ian in 2022. The lower level has also been completely rebuild with hurricane and flood resistant measures. This is a very unique opportunity to purchase one of the largest bayfront lots in Fort Myers Beach, FL. The Town of Fort Myers Beach is at the beginning of a major, island-wide re-development with several luxurious condo and hotel complexes being planed or in the building process. The island is abuzz with the construction of new, high end homes and retail/restaurant facilities. This is the time to get a reasonably priced bayfront home, before real estate prices will sky-rocket. Away from the the hustle of Times Square at the North end of the island, this unique home sits on a quiet residential cul-de-sac surrounded by high-end homes and nature. OPORTUNITY IS KNOCKING AND THE FUTURE IN FMB IS BRIGHT! Read Less

Listing courtesy of Realty Resource Group Inc.

Listing Snapshot

Days Online

Last Updated

Mar 16, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

4,432

Lot Size

0.83 Acres

Year Built

1981

MLS Number

2026000463

30 Days Snapshot Of 33931

$1.52M

+13%

(avg) sold price

+80%

homes sold

165

+1%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road surface type: "Paved"

Appliances & Equipment

"Cooktop", "Electric Cooktop", "Dishwasher", "Double Oven", "Dryer", "Washer", "Freezer", "Microwave", "Range", "Refrigerator/Freezer", "Refrigerator/Icemaker", "Self Cleaning Oven"

Building

Built in 1981, Building area units: Square Feet, 2 total unit, Living area: 2,852, Construction materials: "Concrete Block", "Wood Frame", "Stucco", Other structures: "Storage", 2 total stories, "DSL/Cable Available"

Community

"Fishing", "Street Lights"

Cooling

"Ceiling Fan(s)", "Central Electric", "Exhaust Fan", "Zoned"

Doors

"French Doors"

Exterior Features

"Boat Dock Private", "Boat Slip", "Composite Dock", "Dock Deeded", "Dock Included", "Water Avail at Dock", "Wooden Dock", "Screened Porch", "Screened Lanai/Porch", "Storage"

Floors

"Laminate", "Tile"

Garage

2 spaces

Heating

"Central Electric"

Interior Features

Furnished: Unfurnished, "Foyer", "French Doors", "Pull Down Stairs", "Smoke Detectors", "Walk-In Closet(s)", "Window Coverings"

Laundry

"Washer/Dryer Hookup", "Laundry in Residence"

Lot

0.829 acres, 36,111 square feet, "Cul-De-Sac", "Irregular Lot", "Oversize"

Parking

2 covered spaces, 2 total parkings, "Driveway Paved", "Paved", "Under Bldg Closed", "Attached"

Pets Policy

Pets allowed: "Yes"

Property

"Basin", "Bay", "Canal Front", "Lagoon", "Mangrove", "Navigable", Zoning: RM-2, Patio and porch features: "Patio", "Screened Porch", "Bay", "Canal", "Mangroves", "Preserve", "Water"

Roof

"Shingle"

Security Features

"Smoke Detector(s)"

Taxes

Tax annual amount: $12,591, Tax year: 2025

Windows

"Window Coverings"

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