14040 Schultz Rd
Fort Myers, FL, 33908 $ 11,800,000
Bedrooms6 Baths7.1 Sq 7,453 Monthly Estimate*
$ 74,506
for $11,800,000 with 6 bedrooms and 7 full baths, 1 half bath. This 7,453 square foot home was built in 1991 on a lot size of 5.73.
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.
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Single Family ActiveContemporary,Multi-Story Home,Single Family
FeaturesInteriorInterior 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 Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 1
Laundry Features Laundry in Residence
Total Bedrooms 6
Total Baths 8
Dining Room Features Formal
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GeneralHeating 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
HOA Fee 0
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
Tax Year 0
Waterfront Features Bay Navigable
County Lee
New Construction N
Property Type Residential
Association Amenities Marina None Underground Utility
HOA N
Attached Garage Y
Subdivision Name PALMETTO POINT
Garage Y/N Y
Total Rooms 0
Full Baths 7
Status Active
High School SCHOOL CHOICE
City FORT MYERS
Senior Community Y/N N
Number Of Units Total 1
MLS Area PALMETTO POINT
Lot Size Units Acres
Lot Size Square Feet 249599
Carport Spaces 0
Carport Y/N N
Spa Features Below Ground Concrete Heated Electric
Elementary School SCHOOL CHOICE
Land Lease Y/N N
Tax Annual Amount 108901
Middle/Junior High School SCHOOL CHOICE
Ok to Lease Buyer Finance/Cash
Additional Parcels Y/N N
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
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ExteriorExterior 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 Y
Building Area Total 13962
Lot Size Acres 5.73
Frontage Type Bay/Harbor
Waterfront Y/N Y
Covered Spaces 4
Door Features French Doors
Horse Y/N N
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* Excluded FeaturesList ByCompass Florida LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $74,506
- Monthly Property Taxes
- $9,075
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Fort Myers, FL
Average List Price $619,901
Percent of Sale Price 95%
About Fort Myers, FL 85,015 Population
56% Since 2002
$ 43,987 Median Income
38.61 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
1022885 Elementary School
1023028 Middle School
School Choice High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/15/2026 | $11,800,000 | -34.44% | Price Down |
| 11/27/2025 | $18,000,000 | | Listed Price |