Sanibel, FL 33957 554 Lake Murex Circle
$850,000



17 more


















Presented By: Premier Sotheby's Int'l Realty
Home Details
Rare opportunity, premier vacant lot in Lake Murex, Sanibel Island. One of the largest parcels in sought-after Lake Murex neighborhood, this 1.17-acre lot offers a rare combination of size, privacy and location. Overlooking the untouched 212-acre SCCF Lindblad Preserve, the property delivers sweeping natural views and a serene backdrop that will never be developed. With an impressive 15,834 square feet of impervious coverage and over 18,000 square feet of developed area coverage allowed, this lot offers one of the largest building envelopes on the island and is able to accommodate a large house, resort-style pool and even an attached guest house with no problem. The potential here is unmatched, just look next door, when in 2023, 562 Lake Murex sold for $950,000 for the land alone before being cleared to make way for a luxury new build. In the Little Lake Murex enclave of the popular Lake Murex subdivision, it affords you access to the private HOA tennis and pickleball courts just at end of the street. Tucked away on Sanibel’s quiet west end, this property comes with deeded beach access to uncrowded, shell-strewn gulf shores known for their legendary sunsets. Hop on your bike and you’re minutes from Sanibel Recreation Center, the new Bit-of-Bailey’s General Store, and popular local favorite Rosalita’s on Rabbit Road. Whether you're a builder, investor or end-user, this is a standout opportunity to claim one of the island’s desirable and build-ready homesites.
Presented By: Premier Sotheby's Int'l Realty
Interior Features for 554 Lake Murex Circle
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 554 Lake Murex Circle
Additional Parcels Y/NNo
Association AmenitiesBeachRights, BeachAccess, Pickleball, SeeRemarks, TennisCourts
Association Fee IncludesOther
Attached Garage No
Carport Y/NNo
CitySanibel
Community FeaturesNonGated
CountyLee
Current UseSingleFamily
Development NameLITTLE LAKE MUREX
Facing DirectionSouth
Garage Y/NNo
HOANo
HOA Fee$0.0
HOA Fee 20.0
HOA Fee 30.0
Home Warranty Y/NNo
Land Lease Amount0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLITTLE LAKE MUREX PB 29 PG 90 LOT 46 + 1/49 INT IN LOT 50
Lot Size UnitsAcres
MLS AreaSI01 - Sanibel Island
MobileHomeRemainsYNNo
ModificationTimestamp2025-06-25T17:54:18.980-00:00
New ConstructionNo
PossessionCloseOfEscrow
PostalCitySanibel
Property Attached Y/NNo
Property Sub Type AdditionalResidential, UnimprovedLand
Property SubtypeResidential
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Subdivision NameLITTLE LAKE MUREX
Tax Annual Amount8865.22
Tax Lot46
Tax Year2024
UtilitiesOther
ViewPreserve
Waterfront FeaturesNone
Exterior for 554 Lake Murex Circle
Canal WidthNone
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
HorsesN
Irrigation Water Rights Y/NNo
Irrigation/Water RightsN
Lot FeaturesSeeRemarks
Lot Size Acres1.17
Lot Size Area1.17
Lot Size SourceAppraiser
LotDimensionsSourceAppraiser
Road ResponsibilityPublicMaintainedRoad
Road Surface TypePaved
SpaNo
Water SourcePublic
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

Jesus Figueroa
Realtor®