About This Home

This 3-bedroom, 3-bathroom single family at 497 Lake Murex Circle in Sanibel, FL is listed for $599,000 ($280 per sqft). Built in 1981, the home offers 2,140 sqft of living space on a 0.56 acres lot.

Key Features

  • Built in 1981
  • 0.56 acre lot
  • 2 stories
  • Private pool
  • Waterfront

Property Details

2 stories
3 full
2-car garage
1981

Amenities

PoolWaterfrontViewA/C
Listing 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!

Monthly Cost Estimate

$3,304/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175
HOA$100

Estimates only. Actual payments may vary.

Location

497 Lake Murex Circle

Sanibel, FL 33957

LAKE MUREX

Features & Amenities

Interior Features

KitchenIslandLivingDiningRoomShowerOnlySeparateShower

Exterior Features

SecurityHighImpactDoors

Property Details

Construction

VinylSiding WoodSiding

Views

Lake

Pool Features

Pool

Parking

CoveredGarage

Heating

CentralElectric (Heating)

Cooling

Wall Unit(s)Central AirElectric

Questions & Answers

This 3-bedroom, 3-bathroom single family at 497 Lake Murex Circle is listed at $599,000 ($280/sqft). The estimated monthly payment is $3,304 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $100/month.

Key features include: Built in 1981, 0.56 acre lot, 2 stories, Private pool, Waterfront. Interior Features: KitchenIsland, LivingDiningRoom, ShowerOnly. Exterior Features: SecurityHighImpactDoors.

This property is listed by Robert Hagmann.

RH

Robert Hagmann

License 252000267

Agent at West Islands Realty Inc

Listed by West Islands Realty Inc · Broker phone: (239) 791-7653 · View on Broker Site

MLS# 2026037742· Source: Florida Gulf Coast Multiple Listing Service, Inc.· 52 days on PropertySimple

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

497 Lake Murex Circle, Sanibel, FL 33957

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