497 Lake Murex Cir, SANIBEL, FL

$750,000

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4

Beds

3

Baths

2,140

Square feet

0.57

Acres

About 497 Lake Murex Cir

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.

Features of 497 Lake Murex Cir

MLS® # 2025010172
Price $750,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 2,140
Acres 0.57
Year Built 1981
Type Residential
Sub-Type Single Family Residence, Single Family
Style Single Family
Status Active

Community Information

Address 497 Lake Murex Cir
Area SI01 - Sanibel Island
Subdivision LAKE MUREX
City SANIBEL
County Lee
State FL
Zip Code 33957

Amenities

Amenities None
Parking Under Bldg Open, Attached Carport
View Lake
Is Waterfront Yes
Waterfront Lake
Has Pool Yes
Pool Below Ground

Interior

Interior Features Other
Appliances None
Heating Central Electric
Cooling None
Fireplace No

Exterior

Exterior Wood Frame, Wood Siding
Roof Metal
Construction Wood Frame, Wood Siding

Additional Information

Date Listed September 8th, 2025
Foreclosure Yes
Short Sale No

Listing Details

OfficeEXP Realty LLC

Listing Map

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