497 Lake Murex Circle
Sanibel, FL 33957
- 4 beds
- 3 baths
- 2,140 sqft
- ~1/2 acre lot
- $490 per sqft
- 1981 build
- – on site
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!
Last checked:
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Last updated Nov 19, 2024
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MLS# 224077521 —
The Building
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Year Built:1981
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Construction Materials:Stucco,WoodFrame
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Architectural Style:Ranch,OneStory
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Direction Faces:West
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Stories:1
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Stories Total:1
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Roof:Metal
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Exterior Features:Fence,SecurityHighImpactDoors,OutdoorShower
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Window Features:ImpactGlass
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Patio And Porch Features:Lanai,Porch,Screened
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Foundation Details:PillarPostPier,Raised
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Building Area Total:5429.0
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Building Area Source:Appraiser
Interior
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Furnished:Unfurnished
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Interior Features:Fireplace,LivingDiningRoom,SeeRemarks,CableTv,VaultedCeilings,WalkInClosets,SplitBedrooms
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Flooring:Tile
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Fireplace:true
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Laundry Features:Inside
Room Dimensions
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Living Area:2140.0
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Living Area Source:Appraiser
Location
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Latitude:26.431574
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Longitude:-82.0966
The Property
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Property Type:Residential
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Property Sub Type:SingleFamilyResidence
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Property Sub Type Additional:SingleFamilyResidence
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Property Condition:KnownDamage
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View:Lake
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View:true
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Lot Features:IrregularLot
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Lot Size Acres:0.565
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Lot Size Area:0.565
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Lot Size Units:Acres
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Lot Size Source:Appraiser
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Lot Size Dimensions:144 x 322 x 170 x 201
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Lot Dimensions Source:Appraiser
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Waterfront:true
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Waterfront Features:Lake
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (239) 472-0004
- Office phone:
- (239) 472-0004
Taxes
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Tax Year:2024
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Tax Lot:70
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Tax Legal Description:LAKE MUREX PB 25 PG 70 LOTS 70 + 70A
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Tax Annual Amount:14214.0
Beds
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Bedrooms Total:4
Baths
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Bathrooms Total:3
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Bathrooms Full:3
The Listing
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Virtual Tour URL Unbranded:https://tour.realtoursswfl.com/sites/weammaa/unbranded
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:CeilingFans,None
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Cooling:false
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
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Water Source:Public
The Community
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Subdivision Name:LAKE MUREX
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Senior Community:false
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Community Features:NonGated
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Spa:true
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Spa Features:InGround
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Pool Features:InGround
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Pool Private:true
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Pets Allowed:Yes
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Association Amenities:Pickleball,TennisCourts
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Association:false
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Association Fee Includes:RecreationFacilities
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Association Fee 2:75.0
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Association Fee 2 Frequency:Annually
Parking
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Garage:true
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Garage Spaces:2.0
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Attached Garage:true
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Carport:false
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Covered Spaces:2.0
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Parking Features:Attached,Garage
Monthly cost estimate
Asking price
$1,050,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,622
|
| Taxes | $1,184 |
| Insurance | $288 |
| Utilities | $205 See report |
| Total | $7,299/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
