497 Lake Murex CIR, Sanibel, FL 33957 – 2025010172

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,140 sqft

Price per Sqft $350

Subdivision Lake Murex

MLS Listing ID 2025010172

Style Resale Property

Bedrooms 4

Full Baths 3

HOA Y/N Yes

Year Built 1981

Annual Tax Amount $14,806

Tax Year 2024

Lot Size 0.565 Acres

Acres 0.565

Property Sub-Type Single Family Residence

Source Florida Gulf Coast

Land Area 2841

Property Description

This spacious 4-bedroom, 3-bathroom home sits on an oversized lot and is your chance to create the perfect island retreat. Renovations are 71% complete, according to the City of Sanibel. House was gutted and reconfigured with a modern open floor plan, soaring ceilings, and large grey tile flooring throughout. The kitchen features custom cabinets from a designer showroom in Naples and are in place, but not completely installed, large, remodeled bathrooms give a spa like feeling, and needs to be completed (fixtures, shower doors, counter tops installed in guest bathroom, and vanity with countertop installed in guest suite). This home was purchased by some investors after Hurricane Ian and have found themselves short on funds to complete the project. Roof was damaged from the storm. Past owners started the process, removed the old roof, and got it dried in, but new owners will need to finish the project. Trim work inside needs to be finishes, along with hanging closet doors, etc. Front porch staircase needs to be redone, deck railings and stairs off the back deck need to be added for safety. House also needs some soffit, siding, and gutter repairs. Pool deck needs some finishing touches, along with all new equipment. There are various other projects that need to be completed; however, a lot of the materials are on-site. Enjoy sunset views over Lake Murex from the deck, take a short walk to the beach, or relax in the pool. The elevated home offers plenty of garage space for cars, toys, and more. Sold AS/IS with the right to inspect— Power is not on.

Location

State FL

County Lee

Community No Subdivision,Non-Gated

Area Lake Murex

Rooms

Bedroom Description First Floor Bedroom

Dining Room Other

Kitchen Built-In Desk

Interior

Interior Features Other

Heating Central Electric

Flooring Tile

Equipment None

Furnishings Unfurnished

Fireplace No

Appliance None

Heat Source Central Electric

Exterior

Parking Features Under Bldg Open,Attached Carport

Carport Spaces 4

Pool Below Ground

Amenities Available None

Waterfront Description Lake

View Y/N Yes

View Lake

Roof Type Metal

Total Parking Spaces 4

Garage No

Private Pool Yes

Building

Story 1

Water Assessment Paid

Architectural Style Single Family

Level or Stories 1

Structure Type Wood Frame,Wood Siding

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 27-46-22-T4-00500.0700

Ownership Single Family