Step into the laid-back magic of Gulf-front living at 70 Avenue E, a 5-bedroom, 4-bathroom coastal gem on Fort Myers Beach’s prized north end! Panoramic Gulf views and gentle breezes flow through open, inviting spaces, with local favorites — such as Margaritaville, MoJoe's Coffee Cafe and diverse dining — just steps away. In the evening, take in the horizon’s changing hues from your private balcony. Each sunset serves as a reminder that this home is ideal for year-round living, a relaxing getaway, or a sought-after vacation rental serving guests by night, week, or month. With its perfect blend of comfort and convenience, 70 Avenue E truly offers everything. Inside, the property balances relaxed beach vibes and refined touches. The entire home has been refurbished and redecorated by the Sellers. The gourmet kitchen features a pot-filler at the range, stainless steel appliances, quartz countertops, and a sunlit breakfast nook overlooking the Gulf. Upgraded with Hardie-Board siding, new windows, artfully crafted corbels, and updated pool fencing showcase attention to detail, while 2023 brought a standing seam metal roof, a new pool heater and equipment, and upgraded HVAC systems. In 2024, a whole-home in-duct air purifier was added for enhanced comfort. Fresh flooring, windows, and paint unify the interior, complemented by decor in breezy coastal hues. Each of the five bedrooms provides a personal getaway, complete with balcony access where the soothing sound of rolling waves awaits. Three remodeled bathrooms feature modern walk-in showers, while the fourth includes a tub/shower combination. This property embodies a polished yet effortless beachfront lifestyle just steps from the sand and moments from all that Fort Myers Beach offers. Picture bright sunshine dancing across the Gulf waters, the gentle surf inviting a peaceful afternoon, and soft sands encouraging you to kick off your shoes for a tranquil walk. Let the calm coastal atmosphere fill you with contentment as you savor every moment in a home that unites natural beauty with everyday ease. Embrace the sun, surf, sand, relaxation, tranquility, and satisfaction that await at 70 Avenue E. Please note: The seller is a licensed real estate broker in Illinois.
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$7,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $5,760,000 | $5,760,000 | $5,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.532% | 6.723% | 6.806% |
Monthly Tax Payment | $2,813 | $2,813 | $2,813 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $37,359 | $36,882 | $50,572 |
Total Monthly Payment | $40,297 | $39,820 | $53,510 |
* 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.