497 Lake Murex CIR Active Save Request In-Person Tour Request Virtual Tour
Sanibel,FL 33957
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 See Remarks,Stilt
Bedrooms 4
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1981
Annual Tax Amount $14,806
Tax Year 2024
Lot Size 0.565 Acres
Acres 0.565
Lot Dimensions Appraiser
Property Sub-Type Single Family Residence
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 Lake Murex
Area Si01 - Sanibel Island
Direction South
Rooms
Bedroom Description 4.0
Interior
Interior Features Built-in Features, Bedroom on Main Level, Other, See Remarks
Heating Central, Electric
Cooling None
Flooring Tile
Furnishings Unfurnished
Fireplace No
Window Features Other
Exterior
Exterior Feature None
Parking Features Underground, Attached Carport
Carport Spaces 4
Pool In Ground
Community Features Non- Gated
Utilities Available Cable Available
Amenities Available None
Waterfront Description Lake
View Y/N Yes
Water Access Desc Assessment Paid
View Lake
Roof Type Metal
Garage No
Private Pool Yes
Building
Lot Description Other
Faces South
Story 1
Foundation Pillar/ Post/ Pier
Sewer Assessment Paid
Water Assessment Paid
Architectural Style See Remarks,Stilt
Unit Floor 1
Structure Type Wood Siding,Wood Frame
Construction Status Resale
Others
Pets Allowed Yes
HOA Fee Include Cable TV
Senior Community No
Tax ID 27-46-22-T4-00500.0700
Ownership Single Family
Security Features None
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition In Foreclosure
Pets Allowed Yes