Waterfront - Seller Financing - Adult 55+
Address
1240 Coconut Drive, Fort Myers, FL
Price
$ 13,300,000
Property Attributes
- MLS#2026003843
- TypeSingle Family
- Listing Status Active
- CountyLee
- CityFort Myers
- AreaFM01 - Fort Myers Area
- NeighborhoodPALM GARDENS
- Zip33901
- StyleContemporary, Florida, Multi-Level, Other, Two Story, Spanish, Split Level, See Remarks
- Year Built2013
- Taxes$ 61538
- Price$ 13,300,000
- Bedrooms6
- Full Bathrooms8
- Half Bathrooms3
- Sqr Footage10493
- Lot Size2.18 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description
A true crown jewel of Southwest Florida, this Palladian-inspired waterfront estate stands in a class entirely its own. Offering a level of craftsmanship, scale, and resilience more often associated with Naples or Palm Beach, this is a generational type property, an estate that simply cannot be recreated at this value. It is a residence that quietly yet unmistakably signals arrival. Set behind private gates on more than two secluded acres in one of Fort Myers’ most prestigious waterfront settings, the impeccably furnished estate unfolds as a private world. Once on property, the surroundings fade away, replaced by a tranquil botanical sanctuary filled with rare and exotic plantings sourced from around the globe. The sense of privacy is complete, resort-level living, entirely your own. Spanning nearly 19,200 square feet of living space, the estate offers 153 feet of direct Gulf-access waterfront, two private docks, and a boat lift accommodating vessels up to 40 feet with a 30,000-pound lift (expandable). Designed with longevity and strength in mind, the elevated residence delivers exceptional peace of mind without sacrificing beauty or elegance. The principal residence features four luxurious bedroom suites, two private offices, a professional-grade fitness studio, and both indoor and outdoor theaters designed for refined entertaining. A 2,000-bottle wine cellar anchors the home for collectors, while the chef’s kitchen is a true statement, finished in African walnut with custom cabinetry, marble countertops, premium appliances, and elegant marble sliding panels that conceal functionality behind a seamless, gallery-like design. Outdoor living rivals the finest five-star resorts, centered around a breathtaking 75,000-gallon mosaic infinity-edge pool and dramatic 16-person spa. Expansive lounge areas, a fully equipped outdoor kitchen, automated screens, and hurricane shutters allow the home to live effortlessly year-round, all framed by serene water views and lush tropical gardens. A separate three-bedroom guest house is also available and offers privacy and comfort for guests or staff, while the expansive motor court and nine garage spaces, accented by solid granite driveways and refined Mexican shell stone, will impress the most discerning automotive enthusiasts. Built without compromise by Michelangelo Custom Homes and architecturally designed by Stofft Cooney of Naples, the timeless estate showcases Italian marble flooring, custom fixtures, and precision millwork throughout. Advanced systems include state-of-the-art audio, visual, and security technology; Japanese Tensui water filtration; dual-well, web-based irrigation; elevator access; a 1,000-gallon underground LPG tank; and an extraordinary 754-light LED system that transforms the property from day to night. This is not simply a luxury home, it is a private sanctuary, a legacy estate, and one of the most remarkable and enduring waterfront offerings ever presented in Lee County.
| Price History | |
|---|---|
| 2/20/2026 | Listed $13,300,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric,Other,Zoned |
| Cooling | Central Air,Electric,Zoned |
| Utilities | Cable Available,Natural Gas Available |
| Possession | Close Of Escrow,Negotiable,Seller Rent Back,See Remarks |
| Roof | Tile |
| Appliances | Built-In Oven,Cooktop,Double Oven,Dryer,Dishwasher,Freezer,Disposal,Indoor Grill,Ice Maker,Microwave,Range,Refrigerator,RefrigeratorWithIce Maker,Separate Ice Machine,Self Cleaning Oven,Walk-In Cooler,Wine Cooler,Water Purifier,Washer |
| Garage Spaces | 9 |
| Association Fee Includes | None |
| Patio/Porch Features | Balcony,Deck,Lanai,Open,Patio,Porch,Screened |
| Architectural Style | Contemporary,Florida,Multi-Level,Other,Two Story,Spanish,Split Level,See Remarks |
| Pool Features | Above Ground,Concrete,Gas Heat,Heated,In Ground,Negative Edge,Pool Equipment,Pool Sweep,See Remarks,Outside Bath Access |
| Security Features | Security System Owned,Burglar Alarm (Monitored),Closed Circuit Camera(s),Fenced,Security Gate,Gated Community,Key Card Entry,Security System,Smoke Detector(s) |
| Construction Materials | Block,Other,Concrete,Stone,Stucco |
| Pets Allowed | Yes |
| Year Built | 2013 |
| View | Preserve,River |
| Stories Count | 2 |
| Levels | Two,Multi/Split |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Single Family |
| Waterfront Features | Navigable Water,River Front,Seawall |
| Community Features | Boat Facilities |
| County | Lee |
| Property Type | Residential |
| Association Amenities | See Remarks |
| HOA | false |
| Attached Garage | true |
| Subdivision Name | PALM GARDENS |
| Facing Direction | East |
| Garage Y/N | true |
| Other Structures | Apartment,Outbuilding |
| Full Baths | 8 |
| Status | Active |
| Directions | The property features an adjacent guest house on the back side of the property. Guest house is not included in the current sales price but can be purchased at an additional cost. Property is sold unfurnished. Furnishings available for an additional cost. |
| City | Fort Myers |
| Disclosures | Deed Restriction,Owner Has Flood Insurance,Other |
| Senior Community Y/N | true |
| Zoning Description | RS-5 |
| MLS Area | FM01 - Fort Myers Area |
| Lot Size Units | Acres |
| Carport Y/N | false |
| Spa Features | Above Ground,Gas Heat,Gunite,In Ground |
| Tax Annual Amount | 61538 |
| Property Condition | Resale |
| Virtual Tour | https://www.eastont.com/mcmurrayandmembers-1/1240 |
| Standard Status | Active |
| Tax Lot | 1 |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Fort Myers |
| Legal Description | PAR IN GOVT LT 1 S OF LT 47 BLK D PALM GARD OR 2598 /332+LOT 47 BLK D PALM GARD |
Interior Features
| Interior Amenities | Wet Bar,Breakfast Bar,Bidet,Built-in Features,Breakfast Area,Bathtub,Tray Ceiling(s),Closet Cabinetry,Coffered Ceiling(s),Separate/Formal Dining Room,Dual Sinks,Entrance Foyer,Eat-in Kitchen,Family/Dining Room,Fireplace,High Ceilings,Jetted Tub,Kitchen Island,Living/Dining Room,Multiple Shower Heads,Custom Mirrors |
|---|---|
| Flooring | Brick,Carpet,Marble,Tile,Wood |
| Furnished Y/N | Negotiable |
| Fireplace Features | Outside |
| Total Stories | 2 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Casement Window(s),Other,Sliding,Impact Glass,Shutters,Window Coverings |
| Fireplace Y/N | true |
| Half Baths | 3 |
| Laundry Features | Inside,Laundry Tub |
| Total Bedrooms | 6 |
| Room Type | Bathroom,Den,Exercise Room,Family Room,Guest Quarters,Loft,Media Room,Office,Other,Recreation,Screened Porch,Workshop |
| LivingAreaSource | Appraiser |
| Total Baths | 11 |
Exterior Features
| Exterior Amenities | Courtyard,Deck,Fence,Fire Pit,Fruit Trees,Security/High Impact Doors,Sprinkler/Irrigation,Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Other,Patio,Privacy Wall,Storage,Shutters Electric,Water Feature,Gas Grill |
|---|---|
| Parking Features | Attached,Circular Driveway,Driveway,Garage,Golf Cart Garage,Guest,Paved,RV Access/Parking,Two Spaces,Garage Door Opener |
| Lot Features | Irregular Lot,Oversized Lot,Sprinklers Automatic |
| Water Source | Public,Well |
| Lot Size Area | 2.18 |
| Foundation Details | Raised |
| Spa | true |
| Building Area Total | 15971 |
| Lot Dimensions | 400 x 443 x 153 x 374 |
| Lot Size Acres | 2.18 |
| Road Surface Type | Paved |
| Private Pool | true |
| Lot Size Source | Plans |
| Waterfront Y/N | true |
| Covered Spaces | 9 |
| Other Equipment | Generator,Reverse Osmosis System,Satellite Dish |
| Road Responsibility | Public Maintained Road |
| LotDimensionsSource | Appraiser |
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 33901
Price
Taxes
Year Built
All information regarding a property for sale, rental or financing, school information and public tax records is from sources deemed reliable; PROVIDED, HOWEVER, that representations and warranties are not made about the accuracy thereof, and such information is subject to errors, omissions, updates, modifications, changes of price, rent rates, commissions, prior sales, leases or financing, changes in school boundaries, or withdrawal without notice. All information displayed on this Website should
© 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.
This data is up-to-date as of August 22, 2026 1:22 AM UTC Some properties that appear for sale on this website may subsequently have sold and may no longer be available. For the most current information, contact eXp Realty in South Florida.
The information provided is for consumers' personal, non-commercial use and may not be used for any other purpose. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples,
