Price Reduction - Waterfront
Address
14040 Schultz Rd, Fort Myers, FL
Price
$ 11,800,000
Property Attributes
- MLS#225081436
- TypeSingle Family
- Listing Status Active
- CountyLEE
- CityFort Myers
- AreaFM09 - Fort Myers Area
- NeighborhoodPALMETTO POINT
- Zip33908
- StyleContemporary,Multi-Story Home,Single Family
- Year Built1991
- Taxes$ 108901
- Price$ 11,800,000
- Bedrooms6
- Full Bathrooms7
- Half Bathrooms1
- Sqr Footage7453
- Lot Size5.73 Acres
Data Source:
Naples Area BOR (NABOR)
Property Description
A rare Southwest Florida waterfront compound now offered at $11,800,000, presenting an exceptional opportunity to acquire approximately 5.73 acres of private waterfront property with more than 1,000 feet of shoreline, a private deep-water yacht basin, a substantial concrete main residence, a separate guest apartment, and an additional approximately 1.3-acre waterfront homesite offering the opportunity to create another custom residence. Secluded behind double gates and approached by a private quarter-mile drive, this expansive peninsula setting offers remarkable privacy while remaining minutes from Sanibel and Captiva Islands, Gulf beaches, shopping, dining, medical facilities and Southwest Florida International Airport. Sweeping water vistas extend toward Fort Myers and Sanibel, with western and southwestern exposures creating exceptional sunset views. The substantial contemporary main residence was built with concrete block and poured-concrete construction and offers approximately 7,400+ square feet of living space, six bedrooms, multiple living and entertaining areas, an elevator, and broad water views. Its solid construction, generous scale and private setting provide an exceptional foundation for a primary residence, family compound or long-term legacy property. The estate's private yacht basin is one of its defining features, providing deep-water boating access with approximately seven feet of depth at mean low tide and the ability to accommodate multiple large vessels. Power and water are available at the waterfront. Adjacent to the basin is a separate air-conditioned guest house with a full kitchen, bath and generator — an ideal space for guests, a captain or staff. Adding significant value and flexibility is the subdivided approximately 1.3-acre waterfront homesite included in the offering. With 108 feet of direct water frontage, due-west exposure, deep-water access, potential dockage, a new seawall, available utilities and a long private drive, the cleared homesite offers the opportunity to build an additional custom waterfront residence, subject to applicable approvals. Its oversized configuration also provides potential for a private sports court or other estate amenities. This is an unusually large and private waterfront holding combining land, shoreline, boating infrastructure, an existing substantial residence, separate guest accommodations and the ability to create an additional waterfront residence. At $11,800,000, the property offers a compelling opportunity to establish a private waterfront compound of exceptional scale and flexibility in one of Southwest Florida's most desirable coastal locations.
| Elementary School | Middle School | High School |
|---|---|---|
| School Choice Elementary School | School Choice Middle School | School Choice High School |
| Price History | |
|---|---|
| 11/27/2025 | Listed $18,000,000 |
| 9/15/2026 | 35$11,800,000 |
General Features
| Heating | Central Electric |
|---|---|
| Cooling | Ceiling Fan(s),Central Electric |
| Roof | Metal |
| Appliances | Cooktop,Electric Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Refrigerator/Icemaker,Washer |
| Zoning | AG-2 |
| Garage Spaces | 4 |
| Gas Y/N | Propane |
| Patio/Porch Features | Patio |
| Architectural Style | Contemporary,Multi-Story Home,Single Family |
| Pool Features | Below Ground,Concrete,Electric Heat |
| Security Features | Smoke Detector(s) |
| Construction Materials | Concrete Block,Poured Concrete,Stucco |
| Pets Allowed | Yes |
| Year Built | 1991 |
| View | Bay,River,Water |
| Levels | 3 |
| Property Subtype | Single Family Residence |
| Waterfront Features | Bay,Navigable |
| County | Lee |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | Marina,None,Underground Utility |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | PALMETTO POINT |
| Garage Y/N | Yes |
| Full Baths | 7 |
| Status | Active |
| High School | SCHOOL CHOICE |
| City | FORT MYERS |
| Senior Community Y/N | No |
| Number Of Units Total | 1 |
| MLS Area | PALMETTO POINT |
| Lot Size Units | Acres |
| Lot Size Square Feet | 249599 |
| Carport Y/N | No |
| Spa Features | Below Ground,Concrete,Heated Electric |
| Elementary School | SCHOOL CHOICE |
| Land Lease Y/N | No |
| Tax Annual Amount | 108901 |
| Middle/Junior High School | SCHOOL CHOICE |
| Ok to Lease | Buyer Finance/Cash |
| Additional Parcels Y/N | No |
| Structure Type | House |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Legal Description | GOVT LT 5 LESS S 325 FT IN SEC 19 TWN 45 RGE 24 |
Interior Features
| Interior Amenities | Built-In Cabinets,Foyer,French Doors,Smoke Detectors,Volume Ceiling,Walk-In Closet(s) |
|---|---|
| Flooring | Marble,Wood |
| Furnished Y/N | Unfurnished |
| Total Stories | 3 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Half Baths | 1 |
| Laundry Features | Laundry in Residence |
| Total Bedrooms | 6 |
| Total Baths | 8 |
| RoomBedroomFeatures | Master BR Upstairs |
| Dining Room Features | Formal |
Exterior Features
| Exterior Amenities | Boat Dock Private,Boat Lift,Captain's Walk,Composite Dock,Elec Avail at dock,Balcony |
|---|---|
| Parking Features | Driveway Paved,Attached |
| Lot Features | Irregular Lot,Oversize |
| Water Source | Central |
| Total Parking | 4 |
| Lot Size Area | 5.73 |
| Foundation Details | Concrete Block,Poured Concrete |
| Park Name | PALMETTO POINT |
| Spa | Yes |
| Building Area Total | 13962 |
| Lot Size Acres | 5.73 |
| Frontage Type | Bay/Harbor |
| Waterfront Y/N | Yes |
| Covered Spaces | 4 |
| Door Features | French Doors |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33908
Price
Taxes
Year Built
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© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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