497 Lake Murex CIR Active

Sanibel,FL 33957

$ 1050000

4 Beds

3 Baths

2140 SqFt


Key Details

Property Type Single Family Home, Vacant Land

Sub Type Ranch,Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,140 sqft

Price per Sqft $490

Subdivision Lake Murex

MLS Listing ID 224077521

Bedrooms 4

Full Baths 3

HOA Fees $6/ann

Year Built 1981

Annual Tax Amount $14,214

Tax Year 2024

Lot Size 0.565 Acres

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 Lake Murex

Rooms

Dining Room Dining - Living

Interior

Heating None

Flooring Tile

Equipment None

Exterior

Exterior Feature Screened Lanai/Porch,Outdoor Shower

Garage Attached

Garage Spaces 2.0

Fence Fenced

Pool Below Ground

Community Features Tennis Court(s)

Amenities Available Pickleball,Tennis Court(s)

Waterfront Yes

Waterfront Description Lake

View Y/N Yes

View Lake

Roof Type Metal

Building

Lot Description Irregular Lot

Building Description Wood Frame,Stucco, DSL/Cable Available

Story 1

Water Central

Structure Type Wood Frame,Stucco

New Construction No

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