3 Bed Waterfront Home for Sale in Indian Bayou Subd
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For SaleMLS# 2025008643

$1,450,000

3 Bed Waterfront Home for Sale in Indian Bayou Subd

21523 Indian Bayou Drive, Fort Myers Beach, FL, 33931

3 beds2.5 baths2,962 sqft4 garage
GatedBoatingCommunity PoolWaterfront

About this home

Condominium UNIT B in Indian Bayou offering nearly 3,000 sq ft of living space with 3BR/3BA, soaring ceilings, and an open floor plan designed for coastal living. Enjoy bay views from the screened balcony, a rare 4-car garage, and quality block construction with a metal roof. This is a 55+ community.

Property details

Type
Attached
Year built
2000
Interior
2,962 sqft
Lot size
4,255.812 sqft
Acreage
0.10 acres
Garage
4 car
Days on market
77
Total association fees
$4,500/yr (~$375/mo)
CDD
None
Est. taxes (1.4%)
$20,300/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
North
Waterfront
Yes
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Amenities

BoatDockPool

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Not yet ratedNot enough comparable sales nearby to rate this home's price yet.

We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.

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Market trends, Indian Bayou

Median list
$1,272,500
Median $/sqft
$780
Median sold (90d)
$1,100,000
Avg days on market
134
Active listings
10
Median sold price · Indian Bayou
$1,100,000last 3 monthsnot enough sold data to compare

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

The good, the trade-offs & the location

Pros
  • Waterfront
  • 4-car garage
Consider
  • Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
Location convenienceHigh
Hospital
6.5 mi
HealthPark Medical Center
Beach
3.1 mi
Fort Myers Beach
Airport
11.1 mi
Page Field (Fort Myers)
Shopping
6.5 mi
Coconut Point (Estero)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.