2 Bed 2 Bath SingleFamilyResidence for Sale in LAKE MUREX, FL
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SoldMLS# 225038486

$599,000

2 Bed 2 Bath SingleFamilyResidence for Sale in LAKE MUREX, FL

446 Lake Murex Circle, Sanibel, FL, 33957

2 beds2 baths1,334 sqft1 garage
GatedBeach Access

About this home

Looking for your piece of paradise on Sanibel Island? This updated 2-bedroom, 2-bath home in the Lake Murex subdivision on the peaceful west end might be the one. Enjoy deeded beach access and an open living space with abundant natural light. The home has been fully renovated and includes luxury vinyl flooring, a modern kitchen with island, impact windows, and modern fans, lighting, and fixtures throughout. Major upgrades include a new roof, AC, water heater, and updated electrical. Outside, you’ll find a paver patio and a large backyard with space for a pool. Priced to sell—don’t miss this opportunity to own on Sanibel. Landscaping to be done this week. Be sure to view the video walk-through tour!

Property details

Type
SingleFamilyResidence
Year built
1976
Interior
1,334 sqft
Lot size
12,283.92 sqft
Acreage
0.28 acres
Garage
1 car
Days on market
351
Total association fees
$75/yr (~$6/mo)
CDD
None
Est. taxes (1.4%)
$8,386/yr
Flood zone (area est.)
Not available
Storm protection
Impact Windows/Doors
Exposure
South
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Yes
County
Lee

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges — mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees — which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Amenities

BeachRightsBeachAccess
Below marketThis home is priced below comparable recent sales — a potential value.
This home
$449/sqft
Comp median
$494/sqft
Difference
-9%

Based on the $/sqft of 3 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
3049 W Gulf Drive 202Oct 2025$650,0002/21,368$475
2321 W Gulf Drive 3DJul 2026$650,0002/21,265$514
2126 Egret CircleOct 2025$745,0003/21,507$494
Average3 comps$681,667$494

Market trends — Sanibel

Median list
$950,000
Median $/sqft
$613
Median sold (90d)
$970,000
Avg days on market
167
Active listings
278
Median sold price · Sanibel
$972,500last 3 months3.9% vs $936,250 prior 3 months
Median closed price by month · Sanibel
10.7% MoM88.7% YoY
$458k$879k$1.3MJul ’25Jul ’26
$863,500Jul ’26 · 12 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

Live area medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $120,000 (17.2%) from the original list price.

May 19, 2026Sold$579,000
Mar 10, 2026Price reducedfrom $649,000$599,000
Apr 28, 2025Listed$699,000

The good, the trade-offs & the location

Pros
  • Storm protection: Impact Windows/Doors
Consider
  • Built 1976 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceModerate
Hospital
14.6 mi
HealthPark Medical Center
Beach
1.1 mi
Sanibel Island
Airport
18.2 mi
Page Field (Fort Myers)
Shopping
16.6 mi
Bell Tower Shops

Straight-line distances to major SWFL amenities — approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.