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For sale
  • Price cut: $14.5M (3/24)
    $18,000,000

    14040 Schultz Rd, FORT MYERS, FL 33908

    6beds
    8,734sqft
    : 
    Single Family Residence
    Built in 1991
    5.73 Acres Lot
    $-- Zestimate®
    $2,061/sqft
    $-- HOA

    What's special

    Six bedroomsLush tropical landscapingMinimalist architectureNewly installed seawallsPrivate waterfront compoundManicured lawnsSeamless indoor-outdoor flow
    The Crown Jewel of Southwest Florida! An irreplaceable private waterfront compound of rare pedigree — the only estate in Southwest Florida boasting its own grandfathered-in "Super Yacht Marina", capable of accommodating vessels exceeding 125+ feet directly on-site. This 5.73-acre peninsula sanctuary is a landmark of distinction, embracing more than 1,000 feet of shoreline with sweeping, cinematic 9-mile vistas stretching from the skyline of Fort Myers to the luminous sunsets over Sanibel. Approached by a quarter-mile gated drive framed by sculpted palms and custom iron castle gates, the property opens to an all-concrete contemporary residence, recently reimagined in elegant white. The home’s minimalist architecture offers soaring walls ideal for art display, seamless indoor-outdoor flow, and breathtaking water views from nearly every room. For ultimate convenience, an elevator is available to smoothly connect access to all floors of the main residence. Six bedrooms, five and a half baths, and multiple living and entertaining areas define a residence as refined as it is resilient. The estate’s non-duplicable Super Yacht Marina is its defining masterpiece — a deep-water yacht basin with approximately seven feet of depth at mean low tide, capable of accommodating multiple large vessels with full-service infrastructure. Power, water, and fuel are on-site, and an air-conditioned guest residence sits directly alongside the marina, complete with a full kitchen, bath, and its own generator. This versatile space serves as the ultimate captain’s quarters, guest retreat, or private waterfront lounge — a seamless extension of the estate’s rare maritime luxury. Beyond the existing residence, the land itself offers extraordinary potential: the opportunity to create additional panoramic-view homesites through subdivision into two or three parcels, or to add luxury amenities such as sport courts, pavilions, or wellness gardens. The newly installed seawalls, manicured lawns, and lush tropical landscaping create an irreplaceable private resort atmosphere. Hidden from view behind mangrove-lined shores yet only moments from the Gulf of Mexico and SW Florida International Airport, this estate is known to every mariner navigating the Intracoastal toward Fort Myers — the iconic white mansion at the bend of the waterway. More than a home, this is a statement of legacy — the Crown Jewel of Southwest Florida — for the discerning few who seek the rarest of luxuries: privacy, permanence, and perfection.
    141 days
    |
    3,139
    |
    93
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexander Mayr 239-213-8322,

    Compass Florida LLC

    Source: SWFLMLS,MLS#: 225081436MLS LogoOriginating MLS: Naples

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      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: 8,734 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: $2,061/sqft
      • Tax assessed value: $8,065,417
      • Annual tax amount: $108,901
      • Date on market: 11/27/2025
      • Lease term: Buyer Finance/Cash
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/24/2026Price change$3,500,000-80.6%$401/sqft
        Source: SWFLMLS #226012665 Report a problem
        11/27/2025Listed for sale$18,000,000+127.8%$2,061/sqft
        Source: SWFLMLS #225081436 Report a problem
        10/2/2024Listing removed$7,900,000$905/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$905/sqft
        Source: Sanibel And Captiva Island AOR #2210340 Report a problem
        4/13/2021Listed for sale$7,900,000+295%$905/sqft
        Source: Sanibel And Captiva Island AOR #2210340 Report a problem
        12/17/2012Sold$2,000,000-66.4%$229/sqft
        Source: Public Record Report a problem
        10/4/2012Pending sale$5,949,000$681/sqft
        Source: Royal Shell Real Estate, Inc #201223816 Report a problem
        6/27/2012Listed for sale$5,949,000$681/sqft
        Source: Royal Shell Real Estate, Inc #201223816 Report a problem
        5/18/2012Listing removed$5,949,000$681/sqft
        Source: Coldwell Banker Residential Real Estate - Fort Myers Beach #200952785 Report a problem
        1/17/2011Price change$5,949,000+8.3%$681/sqft
        Source: NRT Florida #200952785 Report a problem
        7/17/2010Price change$5,495,000-49.8%$629/sqft
        Source: NRT Florida #200952785 Report a problem
        7/15/2010Price change$10,950,000+99.3%$1,254/sqft
        Source: Hurwitz-James Company Report a problem
        6/2/2010Price change$5,495,000-31.3%$629/sqft
        Source: NRT Florida #200952785 Report a problem
        3/21/2010Price change$7,995,000-20%$915/sqft
        Source: NRT Florida #200952785 Report a problem
        11/7/2009Listed for sale$9,995,000-8.7%$1,144/sqft
        Source: NRT Florida #200952785 Report a problem
        6/11/2009Listing removed$10,950,000$1,254/sqft
        Source: Luxury Real Estate #938716 Report a problem
        5/14/2009Listed for sale$10,950,000$1,254/sqft
        Source: Luxury Real Estate #938716 Report a problem
        4/3/2009Listing removed$10,950,000$1,254/sqft
        Source: Listhub #200850715 Report a problem
        10/16/2008Listed for sale$10,950,000-4.8%$1,254/sqft
        Source: Listhub #200850715 Report a problem
        2/28/2008Listing removed$11,500,000$1,317/sqft
        Source: RealBird #200768431 Report a problem
        2/28/2008Price change$11,500,000+44.7%$1,317/sqft
        Source: RealBird #200768431 Report a problem
        5/15/2007Listed for sale$7,950,000+218%$910/sqft
        Source: RealBird #200768431 Report a problem
        6/1/1998Sold$2,500,000$286/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

        Est. payment
        $110,602/mo
        Principal & interest
        $89602
        Property taxes
        $21000
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          Neighborhood: Iona

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