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$15,988,000

Beds
6
Baths
6.5
sq ft
13,083

1240 Coconut Dr, Fort Myers, FL 33901

1240 Coconut Dr

Fort Myers, FL 33901

  • 71 days on market
EXQUISITE ELEGANCE | HIGH ELEVATION | UNBEATABLE STABILITY *** Presenting the Most Spectacular Luxury Estate in Southwest Florida. Discover a breathtaking, impeccably furnished Palladian-style grand estate that epitomizes unrivaled luxury and craftsmanship. Located in best location of Fort Myers, this waterfront masterpiece spans over 2 acres of prime property, delivering the ultimate oasis of elegance and stability. Designed to withstand, this architectural gem offers 19,184 sq. ft. of lavish living space, with 153 feet of prime waterfront, direct Gulf access, two docks, and a boat lift for vessels up to 40 feet equipped with a 30,000-pound lift (expandable). The PRINCIPAL RESIDENCE features 4 opulent bedrooms, 2 private offices, a professional-grade private gym, and both indoor and outdoor cinemas for unparalleled entertainment. Wine enthusiasts will delight in the 2,000-bottle wine cellar, while culinary artists will revel in the incredible Chef’s Dream Kitchen: This exquisite culinary haven boasts high-end appliances, elegant marble countertops, and exclusive marble sliding doors designed to conceal appliances, preserving a seamless aesthetic. African walnut accents and custom cabinetry combine function with flawless design, elevating the kitchen to a true work of art. A Pool Oasis Like No Other: The estate's outdoor retreat features a stunning 75,000-gallon mosaic infinity-edge pool, a 16-person spa, and an expansive lounge area complete with an outdoor kitchen, automatic screens, and hurricane shutters. Enjoy the tranquility of the waterfront while surrounded by botanical gardens filled with exotic fruit trees and rare plants. The GUEST HOUSE offers 3 additional bedrooms, providing a private sanctuary for guests or staff. MOTOR COURT: For car enthusiasts, a motor court with 9 garage spaces awaits, with solid granite driveways and luxurious Mexican shell stone details. Unparalleled Craftsmanship and Features: Constructed by Michelangelo Custom Homes with architectural design by Stofft Cooney of Naples, this estate showcases Italian marble flooring, custom fixtures, and precision millwork. State-of-the-art technology abounds, with a cutting-edge audio, visual, and security system, a Japanese Tensui water filtration system, and a web-based irrigation system powered by two wells. Additional features include a 1,000-gallon underground LPG tank, an elevator, and an awe-inspiring 754 LED lights for ambiance. The over $2 million designer furniture package is negotiable. This property exemplifies resilience and meticulous upkeep, standing as a beacon of luxury waterfront living. This is the MOST REMARKABLE and RESILIENT WATERFRONT MASTERPIECE ABOVE ALL PROPERTIES IN LEE COUNTY!

Details

Property type

Single Family Residence

Est. home value

$6,854,900

Lot size

2.18 acres

Price per sq ft

$1,223

Year built

2013

Annual property taxes

$83,428.16

HOA

No

Price History

11/25/2024

FGCMLS #224095795

Listed
$15,988,000
-10.93%
07/01/2024
StellarMLS

StellarMLS #T3456644

Removed
$17,950,000
07/03/2023
StellarMLS

StellarMLS #T3456644

Listed
$17,950,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Number of units in community: 

2

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First American Bank

Loan start date

March 2017

Original loan amount

$2,700,000

Est. remaining balance

Not provided

Interest rate

4.09%

Loan type

Not Provided

Seller

Gbriele Baum and Herbert P Baum

Lender

First American Bank

Loan start date

March 2017

Original loan amount

$2,700,000

Est. remaining balance

Not provided

Interest rate

4.09%

Loan type

Not Provided

Seller

Gbriele Baum and Herbert P Baum

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/04/2025 at 1:50 PM

Listing updated: 01/24/2025 at 12:35 PM

Listed by: Cindy Cyrus, Compass Florida LLC Phone #: (305) 851-2820

MLS: FGCMLS #224095795

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