497 Lake Murex Circle
Sanibel, FL 33957
3
Bed
3
Bath
2,140Sqft
0.57Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 3 Full Baths: 3Roofing Information
ShingleFlooring Information
Other -
Interior Features
KitchenIsland, LivingDiningRoom, Other, ShowerOnly, SeparateShowerRoof: ShingleWindow Features: Sliding, ImpactGlass -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric, WallUnits Water front: 1
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Building Information
Year Built: 1981Building Area Total: 2841Construction Materials: Other, VinylSiding, WoodSidingStories: 2Pool Features: InGroundPrivate Pool: YesWater front Features: LakeView: LakeAssociation Fee Frequency: Annually -
Exterior Features
Exterior Features: SecurityHighImpactDoors, Other
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Lot Information
Lot Dimensions: 170 x 144 x 322 x 322 Main Square Feet: 0.565 Lot Size Acres: 0.565 Lot Size Source: Appraiser Lot Description: OtherProperty Information
Subdivision: LAKE MUREX Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: East Levels: Two Property Age: 45
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Listing Price Information
Listing Price: $599000AllFinancingConsidered, Cash
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Tax Information
Parcel Number: 27-46-22-T4-00500.0700 Tax Lot: 70 Tax Block: 500 Tax Year: 2025 Annual Tax: $7758.57 Tax Legal Desc: LAKE MUREX PB 25 PG 70 LOTS 70 + 70A
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Virtual Tour
Parking Information
Attached, Covered, GarageGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 2 Pets Allowed: YesHomeowners Association Information
Has Association: YesIncluded Fees: NoneHOA: $100.00Association Amenities: OtherCommunity Features: NonGated
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Utility Information
CableNotAvailable -
Location Information
Direction: From West Gulf Dr turn into Lake Murex Cir WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6351 Sanibel Captiva Road, Sanibel, FL, 33957 | $3,900,000 | 4 | 4 | 2,894 | -- |
| 1114 Seagrape Lane, Sanibel, FL, 33957 | $2,695,000 | 3 | 2 | 2,123 | 0.30 Acre |
| 408 Bella Vista Way, Sanibel, FL, 33957 | $2,995,000 | 4 | 4 | 3,340 | 0.14 Acre |
| 411 Bella Vista Way, Sanibel, FL, 33957 | $3,200,000 | 4 | 4 | 3,240 | 0.11 Acre |
| 1113 Skiff Place, Sanibel, FL, 33957 | $699,000 | 5 | 3 | 1,914 | 0.26 Acre |
| 660 Anchor Drive, Sanibel, FL, 33957 | $2,495,000 | 6 | 4 | 4,021 | 0.46 Acre |
| 738 Anchor Drive, Sanibel, FL, 33957 | $2,450,000 | 4 | 3 | 2,692 | 0.32 Acre |
| 930 Kings Crown Drive, Sanibel, FL, 33957 | $2,200,000 | 4 | 3 | 2,449 | 0.41 Acre |
| 924 Kings Crown Drive, Sanibel, FL, 33957 | $2,750,000 | 4 | 3 | 2,823 | 0.42 Acre |
| 1146 Golden Olive Court, Sanibel, FL, 33957 | $2,795,000 | 4 | 5 | 3,243 | 0.26 Acre |
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ByOwner last updated this listing 09/08/2026 @ 22:02
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