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1240 COCONUT DRIVE

Fort Myers, FL • 7 bd • 8 ba • 13,083 sqft

Listings courtesy of COMPASS FLORIDA, LLC as distributed by MLS GRID.

Description

Active - Multi Family for sale

ULTRA LUXURY. Welcome to an unparalleled Palladian-inspired luxury Grand Estate - Prime Waterfront Living in best location of Fort Myers. This masterpiece sits on over 2 acres, showcasing an impressive 19,184 sq. ft of total living space and 153 ft of prime waterfront. The main residence offers 4 luxurious bedrooms, 2 dens, a private cinema, a 2,000-bottle wine cellar, a private gym and more! The separate guest house adds 3 additional bedrooms and the motor court with 9 garage spaces makes this estate ideal for the automobile enthusiast and entertainer. Privacy is key, with 2 gated private access roads ensure complete seclusion 2 private boat docks and a covered boat lift accommodates a vessel exceeding 40 feet. The sweeping water views are unparalleled, and the granite driveways exude sophistication. Every detail radiates luxury, from the Venetian plaster walls to the Italian marble detailing. The chef’s kitchen is equipped with top-tier appliances, a walk-in refrigerator, and marble countertops, complemented by African walnut finishes. A 75,000-gallon infinity-edge pool and spa, along with a remarkable outdoor kitchen and lounging area, finalize this exemplary estate. Amazing!

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Listing Agent

Listed by: Cindy Cyrus, COMPASS FLORIDA, LLC

Listing office: COMPASS FLORIDA, LLC

Reference: T3456644

Status: Active

Location

Subdivision PALM GARDENS
Coordinates 26.62029, -81.88803
MLS Area 33901 - Fort Myers

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Facts and features

Appliances Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier, Water Softener, Whole House R.O. System, Wine Refrigerator
Furnished Unfurnished
Lot Features Oversized Lot, Private
Pool Features Pool Heated, Pool In Ground, Pool Lighting
Waterfront River Front
Status Active
Listed Date 07/03/2023
Living Area 13,083 sqft
Lot Size 2.18 acres (94,960 sqft)
View View Water

Structure

Property Type Multi Family
Year Built 2013
Construction Materials Block, Concrete, Stone, Stucco
Exterior Features Balcony, Courtyard, Garden, Hurricane Shutters, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Private Mailbox, Rain Gutters, Shade Shutter(S), Sidewalk, Sliding Doors, Sprinkler Metered, Storage
Flooring Floor Marble
Foundation Details Foundation Block, Foundation Concrete Perimeter
Heating Electric
Cooling Central Air
Interior Features Accessibility Features, Attic Ventilator, Built In Features, Crown Molding, Dry Bar, Eating Space In Kitchen, Elevator, High Ceiling(S), Living Room/Dining Room Combo, Primarybedroom Upstairs, Open Floorplan, Smart Home, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(S), Walk-In Closet(S), Wet Bar, Window Treatments
Roof Roof Tile

Tax

Parcel Number 264424p100001.0000
Tax Legal Description Par In Govt Lt 1 S Of Lt 47 Blk D Palm Gard Or 2598 /332+Lot 47 Blk D Palm Gard
Tax Year 2022
Tax Lot 1
Zoning Rs-5
Tax Annual Amount $83,428
Estimated Annual Tax $83,428
Estimated Monthly Tax $6,952
Tax Rate (Est.) 0.46%

Score

Affordability

$11,670,000$24,235,000
Mortgage All cash
2%10%
0%90%

Monthly expenses $117,005

Mortgage $110,053

Property Tax $6,952

HOA Fee $0

Homeowners Insurance $0

Due at Close $17,321,750

Minimum down payment $538,500

Closing costs $269,250

beycome Credit Est. $359,000

Estimated values only. Terms vary by lender and location.

Disclaimer

Based on information submitted to the MLS GRID as of Mar 27, 2026 at 05:44am EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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