497 Lake Murex CIR, SANIBEL FL 33957

$699,000

  • 2140 sqft
  • 4 Beds
  • 3 Baths
  • 0 Garages

General Information

  • List Price : $699,000
  • City : SANIBEL
  • Acres : 0.565
  • MLS Area : 2841
  • Status Type : Resale Property
  • Approx. Living Area : 2140
  • Furnished : Unfurnished
  • Date Created : 2025-09-19
  • MLS Number : 2025010172
  • State Or Province : FL
  • Subdivision : LAKE MUREX
  • County : Lee
  • Bedrooms : 4
  • Approx. Total Area : 2841
  • Year Built : 1981
  • Potential Short :
  • DOM : 43
  • Address : 497 Lake Murex CIR, SANIBEL FL 33957
  • Postal Code : 33957
  • Development : Array
  • Property Type : Residential
  • Bath Full : 3
  • Price per Sq Ft : $28
  • Property Id : 27-46-22-T4-00500.0700
  • Status : Active
  • CDOM : 43

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.

Provided by EXP Realty LLC

Detailed Property Information

  • Ownership : Single Family
  • Waterfront Y/N : 1
  • Boat Access : None
  • Cooling : None
  • Kitchen : Built-In Desk
  • Amenities : None
  • Restrictions : None
  • Building Design :
  • View : Lake
  • Waterfront Desc : Lake
  • Elementary School :
  • High School :
  • Floor Plan Type : Great Room
  • Private Pool Y/N : 1
  • Bedroom Desc : First Floor Bedroom
  • Equipment : None
  • Additional Rooms : None
  • Storm Protection : None
  • Building Features :
  • Community Type : No Subdivision, Non-Gated
  • Gulf Access Y/N :
  • Gulf Access Type :
  • Middle School :
  • Pets : Yes
  • Heating :
  • Windows :
  • Flooring : Tile
  • Private Spa Y/N :
  • Dining Desc : Other
  • Exterior Features :

Unit / Building Information

  • Unit Floor : 1
  • Unit Number :
  • Construction : Wood Frame, Wood Siding
  • Total Floors : 1
  • Units in Building : 1
  • Elevator : None
  • Building Desc : See Remarks, Stilts
  • Units in Complex : 1
  • Roof : Metal

Lot Information

  • Rear Exposure : N
  • Range :
  • Sewer :
  • Lot Unit :
  • Section :
  • Irrigation : None
  • Block : 500
  • Township :
  • Water : Assessment Paid
  • Lot Desc :

Financial Information

  • Condo Fee : 0
  • Approval :
  • Tax Year : 2024
  • Condo Fee Freq :
  • Management : None
  • Possession : Array
  • Tax Desc :
  • Maintenance : Cable

Additional Details

  • Amenities : Built-In Desk
  • County Or Parish : Lee
  • Foreclosed REOYN : 1
  • Gulf Access YN :
  • Irrigation : None
  • Legal Unit :
  • Lot Type :
  • Management : None
  • Master HOA Fee Freq :
  • Original List Price : 750000
  • Parcel Number : 27-46-22-T4-00500.0700
  • Planned Use :
  • Postal Code Plus :
  • Property Type : Residential
  • Restrictions : None
  • Section :
  • Source of Measurements :
  • State Or Province : FL
  • Street Dir Prefix :
  • Street Number : 497
  • Sub Condo Name :
  • Unit Number :
  • View : Lake
  • Waterfront YN : 1
  • CDOM : 43
  • Close Date :
  • Community Type : No Subdivision, Non-Gated
  • Date Created : 2025-09-19
  • Full Address : 497 Lake Murex CIR, SANIBEL FL 33957
  • Last Change Timestamp : 2025-11-01T05:06:34.007Z
  • List Price : $699,000
  • Lot Unit :
  • Mandatory Club Fee Freq :
  • MLS Area Major : SI01 - Sanibel Island
  • Photo Count : 1
  • Possession : Array
  • Potential Short Sale YN :
  • Range :
  • Road :
  • Sewer :
  • Status : Active
  • Street Dir Suffix :
  • Subdivision Info : LAKE MUREX
  • Table : Residential
  • Township :
  • Water : Assessment Paid
  • Zoning Code:
  • Association Mngmt Phone : (888) 883-8509
  • Boat Access : None
  • Canal Width : $
  • City : SANIBEL
  • Condo Fee : 0
  • Condo Fee Freq :
  • Current Price : $699,000
  • DOM : 43
  • Elevation :
  • Gulf Access Type :
  • Master HOA Fee Freq : 0
  • Land Lease Fee Freq :
  • Last Change Type : Price Change
  • Legal Desc :
  • Maintenance : Cable
  • Mandatory HOA Y/N : 0
  • Matrix Modified DT : 2025-11-01T05:18:11.916Z
  • MLS Number : 2025010172
  • Other PI Ds :
  • Photo Modification Timestamp : 2025-09-20T03:47:40.089Z
  • Postal Code : 33957
  • Price Per Acre : 1,237,168
  • Rear Exposure : N
  • Room Count : 0
  • Source of Measure Lot Dimensions :
  • Status Type : Resale Property
  • Street Name : Lake Murex
  • Street Suffix : CIR
  • Tax Desc :
  • Tax Year : 2024
  • Trees :
  • Utilities Available :
  • Waterfront Desc :
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497 Lake Murex CIR, SANIBEL FL 33957

$699,000