1240 Coconut DR, Fort Myers, FL, 33901 | $15,988,000

EXQUISITE ELEGANCE | HIGH ELEVATION | UNBEATABLE STABILITY |EXCEPTIONAL CONDITION ***** Presenting the most unique and unparalleled luxury property in Southwest Florida: A breathtaking, beautifully furnished Palladian-style Grand Estate boasting custom Venetian plaster walls and stairs throughout (!) epitomize luxury waterfront living in Fort Myers' most prestigious location. Spanning over 2 acres of prime waterfront, this estate has been crafted as the ultimate oasis. It boasts remarkable resilience, having weathered every storm with its unparalleled stability. The architectural gem offers 19, 184 sq. ft. of lavish living space with 153 ft. of prime waterfront, complete with direct Gulf access, 2 docks, and a boat lift for vessels up to 40 ft. equipped with a 30, 000-lb lift (expandable). A botanical garden features exotic fruit trees and amazing plants. The PRINCIPAL RESIDENCE features four luxurious bedrooms, two separate very spacious offices, a professional-grade gym, and incredible indoor and outdoor cinemas. Wine connoisseurs will appreciate the 2, 000-bottle wine cellar. The incredible GOURMET KITCHEN is truly a chef’s masterpiece. It features high-end appliances, elegant marble countertops, and exclusive marble sliding doors designed to discreetly tuck away appliances like toasters, maintaining a seamless, uncluttered aesthetic. Accented by African walnut finishes and ample storage provided by custom cabinetry, this kitchen brings together functionality and flawless design. Enjoy a real POOL OASIS featuring an expansive 75, 000-gallon mosaic infinity-edge pool, a 16-person spa, and an outdoor kitchen and extremely spacious lounge area with outdoor cinema, automatic screens and hurricane shutters to provide unmatched comfort in the entertaining spaces - alongside the breathtaking water views! The charming GUEST HOUSE offers 3 additional bedrooms, ideal for guests, family, or house staff. For car enthusiasts, a MOTOR COURT with 9 garage spaces awaits. Additional massive luxury upgrades include a state-of-the-art audio, visual, and security system, a unique Japanese Tensui water filtration system, an elevator and impressive 754 LED lights signifies true luxury living. You will be impressed by solid granite driveways, Mexican shell stone details, and Italian marble flooring. Custom fixtures, millwork, built-ins, and hardware showcase impeccable craftsmanship, designed and constructed by Michelangelo Custom Homes, master carpenters from Germany, supported by the architectural design by Stofft Cooney of Naples. A 1, 000-gallon underground LPG tank feeds various applications throughout the Estate. 2 wells guarantee uninterrupted water supply to feed the web-based sprinkler system. An over $2 Million furniture package is negotiable. This property stands as an incomparable example of exception condition, boasting an UNPARALLELED LEVEL OF STABILITY. This is the MOST REMARKABLE and RESILIENT WATERFRONT MASTERPIECE ABOVE ALL PROPERTIES IN LEE COUNTY!

Features

  • Amenities: See Remarks
  • Bedrooms: 6
  • Baths: 5 full / 3 half
  • Style: 2 Story,Contemporary,See Remarks,Split level
  • Development: PALM GARDENS
  • Year Built: 2013
  • Garage: 9-car Attached
  • Heating: Central Electric,Other,Zoned
  • Cooling: Central Electric,Humidistat,Zoned
  • Approx Sq. Feet: 13,083
  • Acreage: 2.18
  • Est. Taxes: $83,428
  • Lot Desc: Irregular Shape,Oversize
  • View: River
  • Community Type: Boating
  • Water Front: Yes
  • Boat Access: Boat Dock Private,Boat Lift,Elec Avail at dock,Water Avail at Dock
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224095795
  • Website: https://www.raveis.com
    /eprop/224095795/1240coconutdr_fortmyers_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of COMPASS FLORIDA LLC

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1240 Coconut DR, Fort Myers, FL, 33901

$15,988,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $12,790,400 $12,790,400 $12,790,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.750% 7.038%
Monthly Tax Payment $6,952 $6,952 $6,952
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $82,958 $81,898 $113,183
Total Monthly Payment $90,035 $88,975 $120,260

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.