Homes for sale - 497 Lake Murex CIR, Sanibel, FL 33957

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Tanisha Perona

tanisha@rwgrealty.com +1(401) 484-0130

$ 979,000

Est. payment | -/mo

4 Beds

3 Baths

2,140 SqFt

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$ 979,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

2,140 SqFt

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 $75/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

Listed by Pfeifer Realty Group LLC • Kelly Huguenin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(401) 484-0130

tanisha@rwgrealty.com

East Providence

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