$650,000
SOLD APR 11, 2022

554 Lake Murex Cir Unit Lot 46 Sanibel, FL 33957

1.16 Acres
$560,345 Price per Acre
50,530 Sq Ft Lot

Recently Sold

$13 Per Sq Ft

7% Below List Price

130 Days on Market

Highlights

  • 1.16 Acre Lot
  • Sanibel Elementary School Rated A-
  • Wooded Lot

About This Lot

As of April 2022

Over one acre residential property in picturesque Lake Murex on Sanibel fully developed, on this sanctuary island with an amazing 67% conservation land. (Ding Darling wildlife preserve, the shell Museum …) 554 lake murex actually backs up with 260 ft. to the enormous lake murex preserve which allows you to enjoy unobstructed sunset views from your future home. With all this you still get all the amenities of modern USA ! 25 MILES OF PAVED BIKE PASS 20 MINUTES AWAY FROM A MAJOR HOSPITAL 45 MINUTES TO THE INTERNATIONAL AIRPORT ETC. ETCETERA …. Not to forget the deeded, private access to our world class Beach next to the popular West Wind Inn Resort. Please call me for specifics, looking forward to it! The extraordinary large lot affords one of the best near beach locations

Last Agent to Sell the Property

Isabella Rasi

Keller Williams Realty Fort Myers and the Islands License #0696028 Listed on: 09/22/2021

Keller Williams Realty Fort Myers and the Islands

Last Buyer's Agent

Jeff Burns

Premier Sotheby's Int'l Realty License #3058718

Premier Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,051

Lot Details

  • 1.16 Acre Lot
  • 260 Ft Wide Lot
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $5 Monthly HOA Fees

Utilities

  • Sewer Assessments

Community Details

  • Little Lake Murex Subdivision

Listing and Financial Details

  • Tax Lot Lot 46
  • Assessor Parcel Number 27-46-22-T4-00700.0460

Property Details

Property Type

Land

Est. Annual Taxes

$5,051

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Subdivision Name: Little Lake Murex
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: LITTLE LAKE MUREX PB 29 PG LOT 46 + 1/49 INT IN LOT 50
  • Strap Number: 27-46-22-T4-00700.0460
  • Subject To F I R P T A: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 560344.83

Exterior Features

  • Waterfront: None/Not Applicable
  • Coastal Construction: Not Applicable
  • View: Sanctuary
  • Ground Cover: Wooded
  • Roads: Paved

Utilities

  • Sewer: Assessment Paid
  • Water: Assessment Paid
  • Utilities Available: See Remarks

Condo/Co-op/Association

  • HOA: No
  • Master Association Disp: $60/A
  • Master Fee: 60
  • Master Fee Period: Annually

Association/Amenities

  • Community Amenities: None/Not Applicable

Lot Info

  • Acres: 1.16
  • Geo Update Timestamp: 2021-10-07
  • Geo Address Line: 554 Lake Murex Cir
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Frontage: 260
  • Lot Number: Lot 46
  • Lot Size: 50486 SQFT - field measurements 260x186x260x198
  • Lot Size Irregular: Yes
  • Lot Sq Ft: 50486
  • Zoning: Residential
  • Deed Restrictions: Call Listing Office
  • Lot Features: See Remarks
  • Lot Size Feature: 1 - 2 Acres
  • Survey Year Disp: Y-
  • Usage: Single Family

Tax Info

  • Tax Amount: 5051
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Apr 11, 2022
Sold by
Brigitte Krause
Bought by
Manna Anthony and Manna Heidi
Seller's Agent
Isabella Rasi
Keller Williams Realty Fort Myers and the Islands
Buyer's Agent
Jeff Burns
Premier Sotheby's Int'l Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Nov 15, 1993
Sold by
L L M Corp
Bought by
Krause Detlef and Krause Brigitte
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 Winged Foot Title
Warranty Deed $162,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $850,000 +30.8% $17 / Sq Ft
04/11/2022 04/11/22 Sold $650,000 -7.0% $13 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
09/22/2021 09/22/21 For Sale $699,000 -- $14 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,865 $549,936 -- --
2023 $7,186 $499,942 $499,942 $0
2022 $5,517 $385,846 $0 $0
2021 $5,251 $354,330 $354,330 $0
2020 $5,051 $354,330 $354,330 $0
2019 $4,848 $354,330 $354,330 $0
2018 $4,733 $354,330 $354,330 $0
2017 $5,016 $409,726 $409,726 $0
2016 $4,037 $279,000 $279,000 $0
2015 $3,978 $279,000 $279,000 $0
2014 -- $180,000 $180,000 $0
2013 -- $255,800 $255,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2210718

Sanibel & Captiva Islands Association of REALTORS®

APN: 27-46-22-T4-00700.0460