$750,000

497 Lake Murex CIR, Sanibel, FL 33957

  • 4 beds |
  • 3 baths |
  • 2,140 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1981
  • Property Lot Size Icon0.57acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $350/sqft
  • Property List Date Icon Listed 16 days ago

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. 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.

Listing Status:
Active
Date Added:
September 19, 2025 at 05:00AM
Listing Office:
EXP Realty LLC : 888-883-8509
Listing Agent:
Rafael Dagnesses : 813-616-9311
MLS ID:
2025010172
  • General: Built-in FeaturesBedroom on Main LevelOtherSee Remarks
  • Flooring: Tile
  • A/C: None
  • Heating: CentralElectric

This listing courtesy of Rafael Dagnesses, EXP Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

T

The Sanibel School

3840 Sanibel Captiva Rd, Sanibel, FL, 33957

Grades KG-8

1.61 miles away

T

The Sanibel School

3840 Sanibel Captiva Rd, Sanibel, FL, 33957

Grades KG-8

1.61 miles away

O

Oasis Charter High School

3519 Oasis Blvd, Cape Coral, FL, 33914

Grades 9-12

11.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby