$599,000
3 Bed Pool Home for Sale in Lake Murex
497 Lake Murex Circle, Sanibel, FL, 33957
About this home
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!
Property details
- Type
- SingleFamilyResidence
- Year built
- 1981
- Interior
- 2,140 sqft
- Lot size
- 24,611.4 sqft
- Acreage
- 0.56 acres
- Garage
- 2 car
- Days on market
- 0
- Total association fees
- $100/yr (~$8/mo)
- CDD
- None
- Est. taxes (1.4%)
- $8,386/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Impact Windows/Doors
- Exposure
- West
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- 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
We rate a home against recently SOLD homes within ~1 mile that match on size, beds/baths, and age. This home doesn't have enough close comparables in the last 12 months for a reliable read, ask Rick for a personalized CMA.
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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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 545 Boulder Drive | Oct 2025 | $500,000 | 3/3 | 2,269 | $220 |
| Average | 1 comps | $500,000 | $220 |
Market trends, Sanibel
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.
The good, the trade-offs & the location
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors
- 2-car garage
- Built 1981 — pre-2002 construction may carry older wind codes and higher insurance
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.