Foreclosure - Waterfront
Address
497 Lake Murex Cir, SANIBEL, FL
Price
$ 599,000
Property Attributes
  • MLS#2026037742
  • TypeSingle Family
  • Listing Status Active
  • CountyLee
  • CitySANIBEL
  • AreaLAKE MUREX
  • NeighborhoodLAKE MUREX
  • Zip33957
  • Style
  • Year Built1981
  • Taxes$ 7758
  • Price$ 599,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2140
  • Lot Size0.565 Acres
Data Source:
Southwest Florida MLS Datashare
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

Living Area 2140
Heating Central Electric
Cooling Central Electric,Wall Unit(s)
Roof Shingle
Appliances None
HOA Fee 100
Garage Spaces 2
Architectural Style Two Story,Single Family
Pool Features Below Ground
Construction Materials Vinyl Siding,Wood Siding
Pets Allowed Yes
Year Built 1981
View Lake
Levels 2
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 27-46-22-T4-00500.0700
Waterfront Features Lake
County Lee
New Construction false
Property Type Residential
HOA true
Attached Garage true
Subdivision Name LAKE MUREX
Garage Y/N true
Full Baths 3
Status Active
ModificationTimestamp 2026-09-07T20:30:15.813Z
City SANIBEL
Senior Community Y/N false
Number Of Units Total 1
MLS Area LAKE MUREX
Lot Size Units Acres
Lot Size Square Feet 24611
Carport Y/N false
Tax Annual Amount 7758.57
Ok to Lease Buyer Finance/Cash
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026037742
Freehold IDX
Gulf Access false
Boat Access Type None
Community Type Non-Gated

Interior Features

Interior Amenities Other
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Total Bedrooms 3
Total Baths 3
Dining Room Features Dining - Living
Kitchen Description Island
Elevator None

Exterior Features

Parking Features Covered,Attached
Water Source Central
Total Parking 2
Lot Size Area 0.565
Foundation Details Pillar/Post/Pier
Park Name LAKE MUREX
Spa false
Building Area Total 2841
Lot Size Acres 0.565
Road Surface Type Paved
Frontage Type Lakefront
Private Pool true
Waterfront Y/N true
Covered Spaces 2
Horse Y/N false
Rear Exposure W

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
AVG $1.55M
$600K
Taxes
AVG $13,322
$7,758
Year Built
AVG 1987
1981

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