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For sale
  • Price increase: $8.3M (9/15)
    $11,800,000

    14040 Schultz Rd, FORT MYERS, FL 33908

    6beds
    7,453sqft
    : 
    $82,480/mo
    Get pre-qualified
    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
    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.
    314 days
    1,528
    62

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexander Mayr 239-213-8322,

    Compass Florida LLC

    Source: SWFLMLS,MLS#: 225081436MLS LogoOriginating 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

        DateEventPrice
        9/15/2026Price change$11,800,000+237.1%$1,583/sqft
        Source: SWFLMLS #225081436 Report a problem
        3/24/2026Price change$3,500,000-80.6%$470/sqft
        Source: SWFLMLS #226012665 Report a problem
        11/27/2025Listed for sale$18,000,000+127.8%$2,415/sqft
        Source: SWFLMLS #225081436 Report a problem
        10/2/2024Listing removed$7,900,000$1,060/sqft
        Source: Sanibel And Captiva Island AOR #2210340 Report a problem
        10/1/2021Listing removed--
        Source: Sanibel And Captiva Island AOR #2210340 Report a problem
        8/11/2021Pending sale$7,900,000$1,060/sqft
        Source: Sanibel And Captiva Island AOR #2210340 Report a problem
        4/13/2021Listed for sale$7,900,000+295%$1,060/sqft
        Source: Sanibel And Captiva Island AOR #2210340 Report a problem
        12/17/2012Sold$2,000,000-66.4%$268/sqft
        Source: Public Record Report a problem
        10/4/2012Pending sale$5,949,000$798/sqft
        Source: Royal Shell Real Estate, Inc #201223816 Report a problem
        6/27/2012Listed for sale$5,949,000$798/sqft
        Source: Royal Shell Real Estate, Inc #201223816 Report a problem
        5/18/2012Listing removed$5,949,000$798/sqft
        Source: Coldwell Banker Residential Real Estate - Fort Myers Beach #200952785 Report a problem
        1/17/2011Listed for sale$5,949,000+8.3%$798/sqft
        Source: NRT Florida #200952785 Report a problem
        7/17/2010Price change$5,495,000-49.8%$737/sqft
        Source: NRT Florida #200952785 Report a problem
        7/15/2010Price change$10,950,000+99.3%$1,469/sqft
        Source: Hurwitz-James Company Report a problem
        6/2/2010Price change$5,495,000-31.3%$737/sqft
        Source: NRT Florida #200952785 Report a problem
        3/21/2010Price change$7,995,000-20%$1,073/sqft
        Source: NRT Florida #200952785 Report a problem
        11/7/2009Listed for sale$9,995,000-8.7%$1,341/sqft
        Source: NRT Florida #200952785 Report a problem
        6/11/2009Listing removed$10,950,000$1,469/sqft
        Source: Luxury Real Estate #938716 Report a problem
        5/14/2009Listed for sale$10,950,000$1,469/sqft
        Source: Luxury Real Estate #938716 Report a problem
        4/3/2009Listing removed$10,950,000$1,469/sqft
        Source: Listhub #200850715 Report a problem
        10/16/2008Listed for sale$10,950,000-4.8%$1,469/sqft
        Source: Listhub #200850715 Report a problem
        2/28/2008Listing removed$11,500,000$1,543/sqft
        Source: RealBird #200768431 Report a problem
        2/28/2008Listed for sale$11,500,000+44.7%$1,543/sqft
        Source: RealBird #200768431 Report a problem
        5/15/2007Listed for sale$7,950,000+218%$1,067/sqft
        Source: RealBird #200768431 Report a problem
        6/1/1998Sold$2,500,000$335/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Iona

        Getting around

        0 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

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