Lake Murex
Homes for Sale in Sanibel, FL

All 104 homes for sale in Sanibel, FL · median $749,000 · 199 homes for sale in 33957 · Lee County homes for sale

Community in Sanibel · Lee County · ZIP 33957
84 homesBuilt 1955–2020Median sale $856K
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Photo via Florida Gulf Coast MLS

Built fromLive Florida Gulf Coast MLS data12 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Lake Murex in Sanibel, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 6 recorded sales closed at a median of $856,128, $522 per square foot, a median 177 days on market, sellers accepting 83% of original asking (-43% versus the prior year). At the median price and Lee County's FY2025-26 rate of 15.97 mills, annual property tax runs about $13,670 ($13,010 with the full homestead exemption).

Lake Murex key facts
LocationSanibel, Lee County, FL · ZIP 33957
Homes in the community84 (FL DOR 2025 assessment roll)
Years built1955–2020 (median 1984)
Typical living area4,955 sq ft (median)
Sale prices, last 12 months$856,128 median across 6 closed sales · $522 per sq ft · -42.9% vs the prior 12 months
Days on market (closed sales)177 median
For sale right now1 active, 1 pending · median asking $599,000
Owner-occupied (homestead) share38%

Data as of September 20, 2026. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Lake Murex key facts,” movewithmomentum.com/neighborhoods/lake-murex, data as of September 20, 2026.

Last 30 days in Lake Murex: 1 new listing (median asking $599,000), 1 under contract right now. As of September 26, 2026, Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Lake Murex Housing Pulse Florida Gulf Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$856K ▼
Median sold · 12 mo
down 42.9% vs the prior 12 months
-42.9% ▼
1-yr price change
n = 6 and 3 sales in the two windows
$522/sf
Sold $/sqft · 12 mo
peak $719 in 2022
83.2%
Sale vs ask
Tempo
178days
Median DOM · closed
5 days at the 2020 low
50%
Under contract
Lee: 18% (1,646 of 9,225)
1 · 1
For sale · pending
live counts, refreshed twice daily
6
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
38%
Owner-occupied · Lake Murex
35 of 93 parcels homesteaded (FL DOR 2025)
62%
Non-owner-occupied · Lake Murex
incl. 13% trust or LLC-held · 50% out-of-state
84
Homes in the community
plus 9 vacant residential lots · 93 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1955
Community established
homes built 1955-2020, median 1984 (FL DOR 2025)
1,622sqft
Median sold home size
12-mo windows, closed sales
7.1%/yr
Turnover rate
about 6 of 84 homes trade a year
Lake Murex Housing Pulse · Momentum Research · as of September 20, 2026

Lake Murex right now

🔴 Off the recent peak. The trailing-12-month median ($856K) is down 42.9% from the prior 12 months ($1.50M). With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Florida Gulf Coast MLS closed sales, 12-month windows ending September 20. Confidence: Low (6 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 27, 2026 · Live data: Florida Gulf Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Lake Murex market snapshot (as of September 20, 2026): the median sale price is about $856K ($522 per sq ft over the trailing 12 months of closed sales), and a median 178 days on market for closed sales. The trailing-12-month median is down 43% from the prior 12 months, computed from record-level Florida Gulf Coast MLS closed sales (6 closings in the current window).

In ZIP 33957 (Sanibel), 323 homes closed in the last 12 months at a median of $780K ($522/sq ft), up 1.5% year over year, with a median 107 days on market. Right now 134 active and 16 pending listings — a soft market. See the live ZIP 33957 housing market and the Lee County market.

Lake Murex is a community of 84 homes in Sanibel, Lee County, built between 1955 and 2020 (median 1984), with a median living area of about 4,955 square feet. 38% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 1 to 14 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$750K$1M$1.3M$1.5M2014201620182020202220242026
Down 42.9% year over year.
Every sale since 2014 · price vs size
$0$1M$2M2k3k4k
61 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$400$6002014201620182020202220242026
Up from $304 in 2014 to a $719 peak in 2022; $522 now.
Median days on market · closed sales
01002014201620182020202220242026
5 days at the 2020 low; 178 now.
Sale price vs original ask · median
90%100%2014201620182020202220242026
83.2% now.
Homes sold per 12-mo window
0510152014201620182020202220242026
1 to 14 a year; 6 in the current window.
How much local inventory is already under contract

10% of homes for sale in ZIP 33957 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-23).

Lake Murex Market Scorecard

Balanced

Lake Murex is currently a balanced market., a median asking price of $599,000, and homes go under contract in about 0 days.

$599,000
Median list
$856,128
Median sold
$280
List $/sqft
0
Days on mkt
1/1/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Florida Gulf Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Lake Murex, Sanibel

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 6 listings
Distress share trend — 0.0% now (2026-09-04 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Lake Murex

Live MLS inventory for Lake Murex. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Lake Murex listings as of 2026-09-26, priced high to low. Listing information provided by the Florida Gulf Coast Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Every Home for Sale in Lake Murex Right Now (2)

All 2 active and pending Lake Murex listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 497 Lake Murex Cir · $599,000 · 3 bd / 3 ba · listed Sep 11, 2026 · listed by West Islands Realty Inc
  • 474 Lake Murex Cir · $650,000 · 3 bd / 2 ba · pending · listed Jun 27, 2026 · listed by Hovland Realty, LLC

If we were buying in Lake Murex today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lake Murex.

A closer look at the Lake Murex market

At a median of $522 per square foot, Lake Murex prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 43% year over year. Homes that do trade take a median 178 days on market, useful leverage on any listing that has lingered.

The housing stock is 84 homes built between 1955 and 2020, and 38% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

“

The location and the amenities are priced into every listing in Lake Murex. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
1.3D · Buy Score
Recent Direction0.0/10
Owner Commitment3.8/10
Pricing Power0.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (1.3). Basis: Recent Direction -42.9% year-over-year; Owner Commitment 38% owner-occupied; Pricing Power 83.2% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Lake Murex homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Lake Murex.
In short
  • HOA dues reported around $8/month · median of 32 MLS listings, most billed annually
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $8 per month — the median AssociationFee across 32 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lake Murex sales matched to your home.

What is your Lake Murex home worth?

Get a no-obligation home value based on real comparable sales in Lake Murex, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Lake Murex?
The median sale price in Lake Murex was $856K over the 12 months ending September 20, 2026 (6 closed sales, Florida Gulf Coast MLS).
How long do homes in Lake Murex take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 178 days on market (6 sales, Florida Gulf Coast MLS).
How many homes are in Lake Murex?
The Florida DOR 2025 assessment roll shows 84 homes plus 9 vacant residential lots in Lake Murex (public records).
What share of Lake Murex is owner-occupied?
38% of Lake Murex parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Lake Murex built?
Homes in Lake Murex were built between 1955 and 2020, with a median year built of 1984 (FL DOR 2025 roll).
Who is the best real estate agent for Lake Murex?
The best agent for Lake Murex is one who actively works Sanibel and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Lake Murex.
How do I find a top Sanibel real estate agent who knows Lake Murex?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Lake Murex and the wider Sanibel area.
Can Momentum Realty connect me with an agent for Lake Murex?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lake Murex purchase or sale - no call center and no pressure.
Where is Lake Murex, and what county is it in?
Lake Murex is in Sanibel, Lee County, FL, ZIP 33957. The community's center is about 6 miles southwest of the center of Sanibel (straight-line).
Is Lake Murex a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Lake Murex: the median sale price over the last 12 months was $856K (6 sales), 6% below the Sanibel median of $910K; homes took a median 178 days to go under contract; the assessment roll counts 84 homes, 38% of them homesteaded (owner-occupied). The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsFlorida Gulf Coast MLS, refreshed twice daily (last: September 26, 2026)
Community market statsFlorida Gulf Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 33957))
Under-contract sharesFlorida Gulf Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2014 (61 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Florida Gulf Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Gulf Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Lake Murex with Momentum Realty’s local guides.

Bright Water0.0 mi away · 1 for saleSomerset At The Reef0.3 mi awaySeascape Of0.3 mi away · 2 for saleLittle Lake Murex0.3 mi away · 1 for saleWedgewood Of Sanibel Condo0.3 mi away · 1 for saleCRCardinal Ridge Unrec0.3 mi awayPalm Lake0.4 mi away · 18 homes, built 1963–88, 2 for saleSayana Of Sanibel Condo0.4 mi away

Browse all neighborhood guides →

Thinking of selling in Lake Murex? 6 recorded closings; median 177 days on market (window ending 2026-09-20). See the Lee County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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