$3,200,000
SOLD OCT 4, 2024

14028 Schultz Rd Unit 1 Iona, FL 33908

0.92 Acre
$3,478,261 Price per Acre
40,075 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

25% Below List Price

254 Days on Market

Highlights

  • Gated Community
  • River View
  • 0.92 Acre Lot
  • Fort Myers High School Rated A

About This Lot

As of October 2024

Discover unparalleled waterfront splendor with this exclusive property in SWFL's newest gated waterfront community, home to only four luxury residences. This is the largest and most desirable lot, offering year-round breathtaking sunsets, deep-water access with permitted dockage, and a new seawall – ideal for yachting enthusiasts. Spanning one acre with 127 feet of pristine water frontage, this cleared lot is construction-ready. It comes with plans by Stofft Cooney for an ultra-luxurious contemporary masterpiece, featuring lush landscape and serene garden areas within a beautifully gated entry. Additionally, offered together, opposite Lot 1 is an additional 1-acre of land to personally enjoy. This property offers not just a residence, but a lifestyle with stunning long water vistas, located minutes from beaches, fishing, shopping, and dining – the perfect embodiment of SWFL living

Last Agent to Sell the Property

Michael McMurray

Royal Shell Real Estate, Inc. License #587669 Listed on: 11/24/2023

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Michael McMurray

Royal Shell Real Estate, Inc. License #587669 Listed on: 11/24/2023

Royal Shell Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,203

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 126x320x127x323
  • River Front
  • Cleared Lot
  • Property is zoned RPD

Additional Features

  • River Views
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 19-45-24-L3-46000.0010

Community Details

Overview

  • Property has a Home Owners Association
  • Fort Myers Subdivision

Recreation

  • Gulf Boat Access

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$11,203

Lot Details

0

Listing Details

  • Subdivision Name: Fort Myers
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: SCHULTZ ROAD AS DESC IN INSTRUMENT 2021000275008 LOT 1
  • Strap Number: 19-45-24-L3-46000.0010
  • Subject To F I R P T A: No
  • Folio Id: 10606620
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 3478260.87

Exterior Features

  • Waterfront: River
  • Coastal Construction: Not Applicable
  • View: River
  • Ground Cover: Cleared
  • Roads: Paved

Utilities

  • Sewer: City
  • Water: City
  • Utilities Available: Cable Avail, Electric

Condo/Co-op/Association

  • Association Fee Period: Monthly
  • HOA: Yes
  • Master Association Disp: $0/

Association/Amenities

  • Community Amenities: Gated, See Remarks

Lot Info

  • Acres: 0.92
  • Geo Update Timestamp: 2023-11-24
  • Geo Address Line: 14028 Schultz Rd
  • Geo Primary City: Fort Myers
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Frontage: 127
  • Lot Number: 1
  • Lot Size: 126x320x127x323
  • Lot Size Irregular: No
  • Lot Sq Ft: 43559
  • Zoning: RPD
  • Deed Restrictions: County, On Record, See Remarks
  • Elevation: 3+ Ft
  • Lot Features: House Plans Avail, Plated, Restrictions, Survey Avail, See Remarks
  • Lot Size Feature: Regular, See Remarks
  • Soil Type: Sandy Loam
  • Survey Year: 2021
  • Survey Year Disp: Y-2021
  • Usage: Single Family

Tax Info

  • Tax Amount: 11203
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Oct 4, 2024
Sold by
Schultz Road Investments Llc
Bought by
James C Spangler Revocabe Trust and Trina R Spangler Revocable Trust
Seller's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
Buyer's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
List Price
$4,250,000
Sold Price
$3,200,000
Premium/Discount to List
-$1,050,000
-24.71%
Views
11
Current Estimated Value
$3,178,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,479
Avg. Annual Appreciation
-0.74%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,200,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $3,200,000 -17.7% $73 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
02/26/2024 02/26/24 Price Changed $3,889,000 -8.5% $89 / Sq Ft
11/24/2023 11/24/23 For Sale $4,250,000 -- $98 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,972 $769,425 -- --
2023 $12,972 $699,477 $0 $0
2022 $11,203 $635,888 $0 $0
2021 $8,654 $578,100 $578,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael McMurray

    Seller's Agent in 2024

    Michael McMurray

    Royal Shell Real Estate, Inc.

    (239) 850-7888

    75 in this area

    410 Total Sales

    Michael McMurray
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2231071

Sanibel & Captiva Islands Association of REALTORS®

APN: 19-45-24-L3-46000.0010

Florida Lee County Iona 33908

14028 Schultz Rd Unit 1, Iona, FL

This home is located at 14028 Schultz Rd Unit 1, Iona, FL 33908 and is currently priced at $3,200,000, approximately $73 per square foot. 14028 Schultz Rd Unit 1 is a home located in Lee County with nearby schools including Orangewood Elementary School, Allen Park Elementary School, and Edison Park Creative & Expressive Arts School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for 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.

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