497 Lake Murex Cir, Sanibel, FL 33957
For Sale $699,000
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Contact the Listing Agent directly:
Listing Agent: Rafael Dagnesses
Agent Phone:
(813) 616-9311
Agent Email:
rafael@Qrealtors.com
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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.
Other
None
None
Lake
Lake
Building Design: Single Family
Community Type: No Subdivision, Non-Gated
MLS Area: Si01 - Sanibel Island
Price per Square Feet: $326.64
Total Floors: 1
Water: Assessment Paid
Construction: Wood Frame, Wood Siding
Foreclosure: Yes
Short Sale: No
Date Listed: 2025-09-19 00:00:00
Pool: Yes
Pool Type: Below Ground
Pool Description: Below Ground
Private Spa: No
Furnished: Unfurnished
Kitchen Description: Built-In Desk
Parking: Under Bldg Open, Attached Carport
Flooring: Tile
Roof: Metal
Heating: Central Electric
Cooling: None
Fireplace: No
Storm Protection: None
Irrigation: None
55+ Community: No
Pets: Yes
Restrictions: None
Maintenance: Cable
Amenities: None
Listing Courtesy Of: Exp Realty Llc
rafael@Qrealtors.com
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.
Property Details
Price: $699,000
Sq Ft: 2,140
($327 per sqft)
Bedrooms: 4
Bathrooms: 3
City: Sanibel
County: Lee
Type: Single Family
Development: Lake Murex
Acres: 0.57
Year Built: 1981
Listing Number: 2025010172
Status Code: A-Active
Taxes: $14,806.46
Tax Year: 2024
Furnishings: Unfurnished
Pets Allowed: Yes
Interior Features:
Other
Amenities:
None
Equipment:
None
View:
Lake
Waterfront Description:
Lake
Additional Information:
Building Design: Single Family
Community Type: No Subdivision, Non-Gated
MLS Area: Si01 - Sanibel Island
Price per Square Feet: $326.64
Total Floors: 1
Water: Assessment Paid
Construction: Wood Frame, Wood Siding
Foreclosure: Yes
Short Sale: No
Date Listed: 2025-09-19 00:00:00
Pool: Yes
Pool Type: Below Ground
Pool Description: Below Ground
Private Spa: No
Furnished: Unfurnished
Kitchen Description: Built-In Desk
Parking: Under Bldg Open, Attached Carport
Flooring: Tile
Roof: Metal
Heating: Central Electric
Cooling: None
Fireplace: No
Storm Protection: None
Irrigation: None
55+ Community: No
Pets: Yes
Restrictions: None
Maintenance: Cable
Amenities: None
Map of 497 Lake Murex Cir, Sanibel, FL 33957
Listing Courtesy Of: Exp Realty Llc
rafael@Qrealtors.com