




1240 Coconut Dr, Fort Myers, FL, 33901
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 2013
Materials
- Foundation: Raised,Concrete Perimeter
- Roof: Tile
- Construction materials: Block,Stone,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: See Remarks
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Additional Refrigerator,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Freezer,Internet Ready,Microwave,Gas Range,Refrigerator,Refrigerator-Ice maker,Ice Maker,Washer,Water Heater,Water Treatment,Wine Cooler,See Remarks
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 11
- Full bathrooms: 8
- 1/2 bathrooms: 3
Features
- Breakfast Bar,Eat-in Kitchen,Elevator Private,Pantry,Storage,Central Vacuum,High Ceilings,Tray Ceiling(s),Elevator
- Door features: Shutters Electric,Sliding Doors,Other Add Agt Note,Storm Door(s)
- Window features: Casement,Impact Resistant Windows,Sliding,See Remarks,Storm Window(s)
- Flooring: Brick,Carpet,Marble,Stone,Tile,Wood,Other
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Ceiling Fan(s),Central Air,Zoned 3+ Cooling
Interior Area
- Total structure area: 15,971
- Total interior livable area: 10,493 sqft
Master Bathroom
- Features: Bidet,Dbl Sinks,Double Vanity,Sep. Shower,Sep. Tub,Other
Master Bedroom
- Features: Balcony,Carpet,Dressing Rm,Porch,Sitting Area,2 Walk-In Closets,See Remarks
- Level: Second
Property
Details
- Parcel number: 264424P1000010000
- Other equipment: Generator
Features
- Levels: One
- Stories: 1
- Private pool: Yes
- Pool features: In Ground,Diamond Brite,Equipment Stays,Fenced,Gas Heat,Negative Edge,Pool Bath,Other,Private
- Patio & porch: Open Porch,Patio,Screened,Porch
- Exterior features: Storage,Outdoor Kitchen,Boat Lift,Dock,Electric at Dock,Water at Dock,Balcony
- Spa features: Heated,Spa
- Fencing: Privacy,Fenced
- Has view: Yes
- View description: Lawn/Garden,River
- Has water view: Yes
- Water view: River
- On waterfront: Yes
- Waterfront features: Navigable Water,River Front,Seawall,See Remarks,Gulf Access,River
Lot
- Lot size: 2.18 Acres
- Features: Survey Avail,Other,Irregular Lot
Parking
- Total spaces: 3
- Parking features: 3+ Garage,Garage Door Opener,Golf Cart Garage,Separate Garage,Other,See Remarks
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lee County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $67,252 | $807,024 |
| Home Insurance * | $15,669 | $188,028 |
| Property Taxes | $18,108 | $217,296 |
| Electricity | $1,055 | $12,671 |
| Total | $102,084 | $1,225,008 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-26 | Price change | $13,300,000 |
| 2024-11-25 | Listed for sale | $15,988,000 |
| 2024-11-25 | Pending sale | $15,988,000 |
| 2024-11-18 | Price change | $15,988,000 |
| 2024-08-13 | Pending sale | $17,950,000 |
| 2024-08-13 | Listed for sale | $17,950,000 |
| 2024-08-12 | Pending sale | $17,950,000 |
| 2024-08-05 | Listing removed | -- |
| 2023-07-03 | Listed for sale | $17,950,000 |
| 2023-03-01 | Listing removed | -- |
| 2022-01-13 | Listed for sale | $15,950,000 |
| 2021-06-30 | Listing removed | -- |
| 2018-01-23 | Listed for sale | $15,950,000 |
| 2017-06-08 | Listing removed | $15,999,000 |
| 2017-05-11 | Price change | $15,999,000 |
| 2016-12-05 | Price change | $19,950,000 |
| 2016-05-13 | Listed for sale | $25,565,000 |
| 2008-07-29 | Sold | $2,750,000 |
| 2008-05-02 | Price change | $2,990,000 |
| 2007-11-22 | Price change | $3,400,000 |
| 2007-11-14 | Listed for sale | $3,880,000 |
| 2005-08-11 | Sold | $2,940,000 |
| 2001-04-04 | Sold | $774,300 |
| 1996-06-24 | Sold | $175,000 |
| 1995-06-14 | Sold | $162,500 |
| 1993-10-14 | Sold | $590,000 |
