$10,000

closing credit¹

497 Lake Murex Cir Sanibel, FL 33957

$899,000
4 beds
3 full
2,140 sqft
0.6 acres
$420 / sqft
House

Property details

About 497 Lake Murex Cir

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!

Highlights

Home typeSingle Family Residence
StatusActive
CoolingCeiling Fan(s), None
Size2,140 sqft
Lot size0.565 Acres
Year built1981
ParkingAttached, Garage
MLS #224077521
Attached garage2 spaces
WaterfrontLake Front
ViewLake
Private poolYes

Summary

  • MLS Number: 224077521
  • MLS Name: SWFL
  • Office Name: Pfeifer Realty Group LLC
  • Office Phone: (239) 472-0004
  • Office Email: Sales@PfeiferRealtyGroup.com
  • Listing Agent: Kelly Huguenin

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida 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 has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a garage and a front lawn

$899,000

497 Lake Murex Cir

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 20, 2022
Home Sold
$715,000
Sep 18, 2015
Home Sold
$700,000

Tax history

YearAssessmentProperty Tax
2023$1,067,367$15,744
2022$622,435$8,411
2021$612,189$8,411
2020$595,963$8,468
2019$582,564$8,280
2018$571,702$8,285
2017$578,987$8,574

History based on county public records data.

Nearby schools

10

Fort Myers Beach Elementary School

Public District KG-5

9.8 mi

2751 Oak St

8

Oasis Charter Elementary School-South

Public Charter KG-5

11.7 mi

3415 Oasis Blvd

5

Harlem Heights Community Charter School

Public Charter KG-5

12.0 mi

15570 Hagie Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,059. Most Sanibel, FL residents have annual incomes less than $<35k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

56%
<35k
14%
35k-100k
27%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
3%
Single, with Kids
55%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
3%
12-17 yrs old
4%
18-34 yrs old
42%
35-64 yrs old
48%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • PaneraPanera
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • LincolnLincoln
  • InfinitiInfiniti
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 497 Lake Murex Cir

This home is located at 497 Lake Murex Cir in Sanibel, FL and zip code 33957. This 2,140 square foot home, which was built in 1981, sits on a 0.56 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $899,000.

Sanibel, FL housing market in January 2025 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 10 sold below. The inventory of homes for sale in Sanibel, FL between December and January 2025 increased by 28.7%. While the average time on the market in January 2025 was 71 days, the median list price was $995,000.

From Rocket Homes Real Estate and based on county public records data.

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