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 $457
Subdivision Lake Murex
MLS Listing ID 224077521
Bedrooms 4
Full Baths 3
HOA Fees $6/ann
HOA Y/N Yes
Originating Board Florida Gulf Coast
Year Built 1981
Annual Tax Amount $14,214
Tax Year 2024
Lot Size 0.565 Acres
Acres 0.565
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. Current 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. Seize this opportunity to add the finishing touches and turn this home into a showstopper!
Location
State FL
County Lee
Area Si01 - Sanibel Island
Rooms
Dining Room Dining - Living
Interior
Interior Features Split Bedrooms,Wired for Data,Vaulted Ceiling(s),Walk-In Closet(s)
Heating None,Fireplace(s)
Cooling Ceiling Fan(s),None
Flooring Tile
Fireplace Yes
Window Features Impact Resistant,Impact Resistant Windows
Appliance None
Laundry Inside
Exterior
Exterior Feature Outdoor Shower
Garage Spaces 2.0
Fence Fenced
Pool In Ground
Community Features Pickleball,Tennis Court(s),Non-Gated
Utilities Available Cable Available
Waterfront Description Lake Front
View Y/N No
View Lake
Roof Type Metal
Street Surface Paved
Porch Screened Lanai/Porch
Garage Yes
Private Pool Yes
Building
Lot Description Irregular Lot
Story 1
Sewer Central
Water Central
Level or Stories 1 Story/Ranch
Structure Type Elevated,Piling,Wood Frame,Stucco
Others
HOA Fee Include Rec Facilities
Tax ID 27-46-22-T4-00500.0700
Ownership Single Family
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
Special Listing Condition Short Sale