DRAMATIC PRICE REDUCTION OF OVER $400,000 - OPPORUNITY KNOCKS!!!

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Home For Sale

21520/522 Indian Bayou Drive

Fort Myers Beach, Florida 33931

Lee County

Waterfront: Yes

Water View: Yes

Community: INDIAN BAYOU SUBD

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$2,550,000 6 br, 5.0 bath 2852 sq. ft. 0.829 acres

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 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!

Interior:
  • Bedrooms: 6
  • Baths: 5.0
  • Sq Ft: 2852
  • Year Built: 1981
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 2
  • Heat/AC: Electric (Heating), Central
  • Garage: Open, Underground/Basement, Garage, Driveway
Exterior:
  • Lot Size: 0.829 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: Water
  • Yard: 
  • Siding: Block, Concrete, Stucco, WoodFrame
  • Roof: Shingle
  • Property Taxes: $12,591
  • Swimming Pool: Yes
  • MLS #: 2026000463
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Contact Information:
Beach Home For Sale in Fort Myers Beach, Florida
Listing Agent: Sven Budzisch, Realty Resource Group Inc, 239-699-8329, 239-574-3700 Listing Site, Listing Status: Active
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7191499
Viewed 38 times.
Updated: Mar 13, 2026

This property is a Home located at 21520/522 Indian Bayou Drive, Fort Myers Beach, Florida 33931, and is currently For Sale at $2,550,000. This Home has 6 bedrooms, 5.0 baths, 2852 sq ft.