Foreclosure - Waterfront
Address
497 Lake Murex Circle, Sanibel, FL
Price
$ 599,000
Property Attributes
- MLS#2026037742
- TypeSingle Family
- Listing Status Active
- CountyLee
- CitySanibel
- AreaSI01 - Sanibel Island
- NeighborhoodLAKE MUREX
- Zip33957
- StyleTwo Story
- Year Built1981
- Taxes$ 7758
- Price$ 599,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2140
- Lot Size0.565 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description
INCREDIBLE SANIBEL ISLAND OPPORTUNITY! Bring your imagination and finish what has already been started! This spacious 3-bedroom, 3-bath home with a 2-car garage and pool is located within walking distance of the beautiful Sanibel beaches and offers tremendous potential. A major renovation was started but not completed, giving the next owner the opportunity to finish the home to their own taste and vision. Significant improvements already in place include a NEW ROOF, NEW WINDOWS AND SLIDING GLASS DOORS, large-format tile flooring, a contemporary kitchen renovation in progress, and beautifully updated baths featuring impressive floor-to-ceiling tile work. The open interior design features vaulted ceilings, abundant windows and sliding doors, and plenty of natural light. Enjoy peaceful WATER VIEWS from the home and expansive outdoor areas. The elevated design provides a large amount of space below and the property offers TONS OF ROOM AND POTENTIAL FOR EXPANSION, outdoor living and entertaining. With many of the major improvements already started, this is a unique opportunity to complete a custom Sanibel Island home exactly the way you want it. Pool, water views, garage, spacious homesite and a location within walking distance of SANIBEL BEACH—bring your contractor, your plans and your imagination!
| Price History | |
|---|---|
| 9/7/2026 | Listed $599,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Electric,Wall Unit(s) |
| Utilities | Cable Not Available |
| Possession | Close Of Escrow |
| Roof | Shingle |
| HOA Fee | 100 |
| Garage Spaces | 2 |
| Association Fee Includes | None |
| Architectural Style | Two Story |
| Pool Features | In Ground |
| Construction Materials | Other,Vinyl Siding,Wood Siding |
| Pets Allowed | Yes |
| Year Built | 1981 |
| View | Lake |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Single Family |
| Waterfront Features | Lake |
| Community Features | Non-Gated |
| Assoc Fee Paid Per | Annually |
| County | Lee |
| Property Type | Residential |
| Association Amenities | Other |
| HOA | true |
| Attached Garage | true |
| Subdivision Name | LAKE MUREX |
| Facing Direction | East |
| Garage Y/N | true |
| Full Baths | 3 |
| Status | Active |
| Directions | From West Gulf Dr turn into Lake Murex Cir |
| City | Sanibel |
| Senior Community Y/N | false |
| MLS Area | SI01 - Sanibel Island |
| Lot Size Units | Acres |
| Carport Y/N | false |
| Tax Annual Amount | 7758.57 |
| Property Condition | Resale |
| Virtual Tour | https://www.propertypanorama.com/instaview/fgcmls/2026037742 |
| Standard Status | Active |
| Tax Lot | 70 |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Sanibel |
| Legal Description | LAKE MUREX PB 25 PG 70 LOTS 70 + 70A |
Interior Features
| Interior Amenities | Kitchen Island,Living/Dining Room,Other,Shower Only,Separate Shower |
|---|---|
| Flooring | Other |
| Furnished Y/N | Unfurnished |
| Total Stories | 2 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Sliding,Impact Glass |
| Total Bedrooms | 3 |
| Room Type | Other,Great Room |
| LivingAreaSource | Appraiser |
| Total Baths | 3 |
Exterior Features
| Gulf Access | false |
|---|---|
| Exterior Amenities | Security/High Impact Doors,Other |
| Parking Features | Attached,Covered,Garage |
| Lot Features | Other |
| Water Source | Public |
| Lot Size Area | 0.565 |
| Foundation Details | Pillar/Post/Pier,Raised |
| Spa | false |
| Building Area Total | 2841 |
| Lot Dimensions | 170 x 144 x 322 x 322 |
| Lot Size Acres | 0.565 |
| Road Surface Type | Paved |
| Private Pool | true |
| Lot Size Source | Appraiser |
| Waterfront Y/N | true |
| Covered Spaces | 2 |
| LotDimensionsSource | Measured |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33957
Price
Taxes
Year Built
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© 2026 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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