Property Details
Price: $1,050,000
Sq Ft: 2,140
($491 per sqft)
Bedrooms: 4
Bathrooms: 3
City:Sanibel
County:Lee
Type:Single Family
Development:Lake Murex
Subdivision:Lake Murex
Acres:0.57
Virtual Tour/Floorplan:
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Year Built:1981
Listing Number:224077521
Status Code:A-Active
Taxes:$15,744.23
Tax Year: 2023
Garage: 2
/ Attached
Furnishings: Unfurnished
Pets Allowed: Yes
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Equipment:
None
Interior Features:
Fireplace
Vaulted Ceiling(s)
Walk-In Closet(s)
Exterior Features:
Screened Lanai/Porch
Outdoor Shower
Boat Access:
None
View:
Lake
Waterfront Description:
Lake
Amenities:
Pickleball
Tennis Court(s)
Financial Information:
Taxes: $15,744.23
Tax Year: 2023
Approx. Total Annual Fees: $75.00
HOA Frequency: Annually
Room Dimensions:
Laundry: Laundry in Residence
Dining Room: Dining - Living
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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. 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!
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Additional Information:
Building Description: Ranch
Building Design: Single Family
Community Type: Non-Gated
MLS Area: Si01 - Sanibel Island
Price per Square Feet: $490.65
Total Floors: 1
Rear Exposure: E
Water: Central
Lot Desc.: Irregular Lot
Construction: Wood Frame, Stucco
Foreclosure: No
Short Sale: Yes
Date Listed: 2024-10-01 00:00:00
Pool: Yes
Pool Type: Below Ground
Pool Description: Below Ground
Private Spa: Yes
Furnished: Unfurnished
Parking: Attached
Garage Description: Attached
Garage Spaces: 2
Flooring: Tile
Roof: Metal
Heating: None
Cooling: Ceiling Fan(S), None
Fireplace: Yes
Storm Protection: Impact Resistant Doors, Impact Resistant Windows
Laundry: Laundry In Residence
Irrigation: None
55+ Community: No
Pets: Yes
Restrictions: Deeded
Maintenance: Rec Facilities
Amenities: Pickleball, Tennis Court(S)
Map of 497 Lake Murex Cir, Sanibel, FL 33957
Listing Courtesy Of: Pfeifer Realty Group Llc
sanibelkell@comcast.net