Homes for sale - 497 Lake Murex CIR, Sanibel, FL 33957

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Eric Degelau

degelauhometeam@gmail.com +1(239) 351-5556

$ 979,000

Est. payment -/mo

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Price Dropped by $71K

497 Lake Murex CIR Sanibel, FL 33957

4 Beds

3 Baths

2,140 SqFt

UPDATED:

11/26/2024 05:41 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,140 sqft

Price per Sqft $457

Subdivision Lake Murex

MLS Listing ID 224077521

Style Ranch,One Story

Bedrooms 4

Full Baths 3

Construction Status Known Damage

HOA Fees $75/ann

HOA Y/N No

Year Built 1981

Annual Tax Amount $14,214

Tax Year 2024

Lot Size 0.565 Acres

Acres 0.565

Lot Dimensions Appraiser

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

Community Lake Murex

Area Si01 - Sanibel Island

Rooms

Bedroom Description 4.0

Interior

Interior Features Fireplace, Living/ Dining Room, See Remarks, Cable T V, Vaulted Ceiling(s), Walk- In Closet(s), Split Bedrooms

Heating None

Cooling Ceiling Fan(s), None

Flooring Tile

Furnishings Unfurnished

Fireplace Yes

Window Features Impact Glass

Laundry Inside

Exterior

Exterior Feature Fence, Security/ High Impact Doors, Outdoor Shower

Parking Features Attached, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool In Ground

Community Features Non- Gated

Utilities Available Cable Available

Amenities Available Pickleball, Tennis Court(s)

Waterfront Description Lake

View Y/N Yes

Water Access Desc Public

View Lake

Roof Type Metal

Porch Lanai, Porch, Screened

Garage Yes

Private Pool Yes

Building

Lot Description Irregular Lot

Faces West

Story 1

Foundation Pillar/ Post/ Pier, Raised

Sewer Public Sewer

Water Public

Architectural Style Ranch, One Story

Structure Type Stucco,Wood Frame

Construction Status Known Damage

Others

Pets Allowed Yes

HOA Fee Include Recreation Facilities

Senior Community No

Tax ID 27-46-22-T4-00500.0700

Ownership Single Family

Acceptable Financing All Financing Considered, Cash

Listing Terms All Financing Considered, Cash

Pets Allowed Yes

Listed by Pfeifer Realty Group LLC • Kelly Huguenin

Eric Degelau

Team Leader | License ID: 3508369

+1(239) 351-5556

Eric Degelau

497 Lake Murex CIR Sanibel, FL 33957

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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497 Lake Murex CIR