$650,000
SOLD APR 11, 2022

554 Lake Murex Cir Sanibel, FL 33957

1.16 Acres
$560,828 Price per Acre
50,486 Sq Ft Lot

Recently Sold

7% Below List Price

298 Days on Market

Highlights

  • Views of Preserve
  • 1.16 Acre Lot
  • Oversized Lot
  • Sanibel Elementary School Rated A-

About This Lot

As of April 2022

One acre residential property in magnificent Lake Murex on Sanibel Island.
(City water and sewer on paved street)

THE EXTRAORDINARY DOPPEL LOT AFFORDS ONE OF THE BEST NEAR BEACH LOCATIONS ON SANIBEL

WITH DEEDED BEACH ACCESS

Last Agent to Sell the Property

Isabella Rasi

Singing Wind, LLC License #280587862 Listed on: 05/20/2021

Singing Wind, LLC

Last Buyer's Agent

Tiffany Burns

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,051

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 260 x 186 x 260 x 198
  • North Facing Home
  • Oversized Lot

Additional Features

  • Views of Preserve
  • Sewer Assessments

Community Details

  • Lake Murex Subdivision

Listing and Financial Details

  • Legal Lot and Block 46 / 700
  • Assessor Parcel Number 27-46-22-T4-00700.0460

Property Details

Property Type

Land

Est. Annual Taxes

$5,051

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.159
  • Lot Size: 260 x 186 x 260 x 198
  • Subdivision Name: LAKE MUREX
  • Directions: Take west gulf drive turn into lake murex Blvd, turn left onto lake murex circle. Property is on your left
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Preserve
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: Assessment Paid
  • Utilities: Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 27-46-22-T4-00700.0460
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5051.0
  • Tax Block: 700
  • Tax Lot: 46
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Apr 11, 2022
Sold by
Brigitte Krause
Bought by
Manna Anthony and Manna Heidi
Seller's Agent
Isabella Rasi
Singing Wind, LLC
Buyer's Agent
Tiffany Burns
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
7.67%

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% --
04/11/2022 04/11/22 Sold $650,000 -7.0% --
03/15/2022 03/15/22 Pending -- -- --
05/20/2021 05/20/21 For Sale $699,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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

  • Jeff Burns

    Seller's Agent in 2025

    Jeff Burns

    Premier Sotheby's Int'l Realty

    (239) 464-2984

    273 in this area

    386 Total Sales

    Jeff Burns
    Section Image
  • Tiffany Burns

    Seller Co-Listing Agent in 2025

    Tiffany Burns

    Premier Sotheby's Int'l Realty

    (239) 464-2984

    100 in this area

    130 Total Sales

    Tiffany Burns
    Section Image

  • I

    Seller's Agent in 2022

    Isabella Rasi

    Singing Wind, LLC

    (239) 246-4716

    2 in this area

    8 Total Sales

    Isabella Rasi
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221037990

Florida Gulf Coast Multiple Listing Service

APN: 27-46-22-T4-00700.0460

Florida Lee County Sanibel 33957

554 Lake Murex Cir, Sanibel, FL

This home is located at 554 Lake Murex Cir, Sanibel, FL 33957 and is currently priced at $650,000. 554 Lake Murex Cir is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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