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Shari Smallwood

shari@swflhouses.com +1(239) 347-9246

$ 750,000

Est. payment -/mo

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497 Lake Murex CIR Sanibel, FL 33957

4 Beds

3 Baths

2,140 SqFt

UPDATED:

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

Listed by EXP Realty LLC • Rafael Dagnesses

Shari Smallwood

Agent | SL3436980

+1(239) 347-9246

Shari Smallwood

497 Lake Murex CIR Sanibel, FL 33957

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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