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.
For sale
Price increase: $8.3M (9/15)
$11,800,000
14040 Schultz Rd, FORT MYERS, FL 33908
6beds
7,453sqft
Single Family Residence
Built in 1991
5.73 Acres Lot
$-- Zestimate®
$1,583/sqft
$-- HOA
What's special
Six bedroomsLush tropical landscapingNewly installed seawallsPrivate waterfront compoundManicured lawnsSeamless indoor-outdoor flow
- 314 days
- 1,528
- 62
Zillow last checked:
Listing updated:
Listed by:
Alexander Mayr 239-213-8322,
Compass Florida LLC
Source: SWFLMLS,MLS#: 225081436
Originating MLS: Naples
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Rooms
- Room types: Balcony, Den - Study, Family Room, Great Room, Guest Bath, Guest Room, Office, 6 or More Beds
Bedroom
- Features: Master BR Upstairs
Dining room
- Features: Formal
Kitchen
- Features: Island
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Cooktop, Electric Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Refrigerator/Icemaker, Washer
- Laundry: Inside
Features
- Built-In Cabinets, Foyer, French Doors, Smoke Detectors, Volume Ceiling, Walk-In Closet(s), Balcony, Den - Study, Family Room, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence
- Flooring: Marble, Wood
- Doors: French Doors, Impact Resistant Doors
- Windows: Impact Resistant Windows, Shutters Electric
- Has fireplace: No
Interior area
- Total structure area: 13,962
- Total interior livable area: 7,453 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Attached
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Patio
- Exterior features: Dock, Balcony, Boat Lift, Captain's Walk, Elec Avail at dock
- Has private pool: Yes
- Pool features: In Ground, Concrete, Electric Heat
- Has spa: Yes
- Spa features: In Ground, Concrete, Heated
- Has view: Yes
- View description: Bay, River, Water
- Has water view: Yes
- Water view: Bay,River,Water
- Waterfront features: Bay, Navigable Water
- Frontage type: Bay/Harbor
Lot
- Size: 5.73 Acres
- Features: Irregular Lot, Oversize
Details
- Parcel number: 1945240000003.0020
- Zoning: AG-2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Foundation: Concrete Block, Poured Concrete
- Roof: Metal
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Gas: Propane
- Water: Central
Community & HOA
Community
- Features: No Subdivision
- Security: Smoke Detector(s)
- Subdivision: PALMETTO POINT
HOA
- Has HOA: No
- Amenities included: Marina, None, Underground Utility
Location
- Region: Fort Myers
Financial & listing details
- Price per square foot: $1,583/sqft
- Tax assessed value: $8,065,417
- Annual tax amount: $108,901
- Date on market: 11/27/2025
- Lease term: Buyer Finance/Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $11,800,000+237.1%$1,583/sqft |
Source: | ||
| 3/24/2026 | Price change | $3,500,000-80.6%$470/sqft |
Source: | ||
| 11/27/2025 | Listed for sale | $18,000,000+127.8%$2,415/sqft |
Source: | ||
| 10/2/2024 | Listing removed | $7,900,000$1,060/sqft |
Source: | ||
| 10/1/2021 | Listing removed | -- |
Source: | ||
| 8/11/2021 | Pending sale | $7,900,000$1,060/sqft |
Source: | ||
| 4/13/2021 | Listed for sale | $7,900,000+295%$1,060/sqft |
Source: | ||
| 12/17/2012 | Sold | $2,000,000-66.4%$268/sqft |
Source: Public Record Report a problem | ||
| 10/4/2012 | Pending sale | $5,949,000$798/sqft |
Source: Royal Shell Real Estate, Inc #201223816 Report a problem | ||
| 6/27/2012 | Listed for sale | $5,949,000$798/sqft |
Source: Royal Shell Real Estate, Inc #201223816 Report a problem | ||
| 5/18/2012 | Listing removed | $5,949,000$798/sqft |
Source: Coldwell Banker Residential Real Estate - Fort Myers Beach #200952785 Report a problem | ||
| 1/17/2011 | Listed for sale | $5,949,000+8.3%$798/sqft |
Source: NRT Florida #200952785 Report a problem | ||
| 7/17/2010 | Price change | $5,495,000-49.8%$737/sqft |
Source: NRT Florida #200952785 Report a problem | ||
| 7/15/2010 | Price change | $10,950,000+99.3%$1,469/sqft |
Source: Hurwitz-James Company Report a problem | ||
| 6/2/2010 | Price change | $5,495,000-31.3%$737/sqft |
Source: NRT Florida #200952785 Report a problem | ||
| 3/21/2010 | Price change | $7,995,000-20%$1,073/sqft |
Source: NRT Florida #200952785 Report a problem | ||
| 11/7/2009 | Listed for sale | $9,995,000-8.7%$1,341/sqft |
Source: NRT Florida #200952785 Report a problem | ||
| 6/11/2009 | Listing removed | $10,950,000$1,469/sqft |
Source: Luxury Real Estate #938716 Report a problem | ||
| 5/14/2009 | Listed for sale | $10,950,000$1,469/sqft |
Source: Luxury Real Estate #938716 Report a problem | ||
| 4/3/2009 | Listing removed | $10,950,000$1,469/sqft |
Source: Listhub #200850715 Report a problem | ||
| 10/16/2008 | Listed for sale | $10,950,000-4.8%$1,469/sqft |
Source: Listhub #200850715 Report a problem | ||
| 2/28/2008 | Listing removed | $11,500,000$1,543/sqft |
Source: RealBird #200768431 Report a problem | ||
| 2/28/2008 | Listed for sale | $11,500,000+44.7%$1,543/sqft |
Source: RealBird #200768431 Report a problem | ||
| 5/15/2007 | Listed for sale | $7,950,000+218%$1,067/sqft |
Source: RealBird #200768431 Report a problem | ||
| 6/1/1998 | Sold | $2,500,000$335/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $107,349 -1.4% | $7,920,000 +7.6% |
| 2024 | $108,901 +19.3% | $7,363,080 +10% |
| 2023 | $91,289 +53.9% | $6,693,709 -0.2% |
| 2022 | $59,308 +26.8% | $6,708,626 |
| 2021 | $46,780 -3.9% | -- |
| 2020 | $48,673 -11.7% | $3,350,331 -13.5% |
| 2019 | $55,105 | $3,874,248 +12.8% |
| 2018 | $55,105 +8.6% | $3,436,013 +13.5% |
| 2017 | $50,754 +8.8% | $3,027,245 +4.7% |
| 2016 | $46,628 +2.4% | $2,892,679 -6% |
| 2015 | $45,542 -8.4% | $3,078,148 -18.5% |
| 2014 | $49,737 -18.7% | $3,777,072 +12.1% |
| 2013 | $61,199 +102.2% | $3,369,969 +81.6% |
| 2012 | $30,265 -41.7% | $1,855,301 -40.7% |
| 2011 | $51,880 -11.7% | $3,131,116 -9.9% |
| 2010 | $58,722 -19.6% | $3,474,462 -23.3% |
| 2009 | $73,015 +207.7% | $4,527,200 +12.3% |
| 2007 | $23,731 -2.2% | $4,030,890 +17.9% |
| 2006 | $24,253 -7.6% | $3,420,160 +1.4% |
| 2004 | $26,256 -2% | $3,373,780 +139.6% |
| 2003 | $26,798 -32.3% | $1,408,040 -33.4% |
| 2002 | $39,594 | $2,114,220 +5.6% |
| 2000 | -- | $2,002,780 |
Find assessor info on the county website
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