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554 Lake Murex Circle

Sanibel, FL 33957
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Acres1.17

Acres(Lot)

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 be ing 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.

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Detail Ic Property Details

Property Type : Land

Price : $850,000

AD Id : 65518398

MLS Id : 225057654

Lot Size : 1.17 Acres(Lot)

County : Lee

Subdivision: Little Lake Murex

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Feature Features

  • Lot Information

    Main Square Feet: 1.17 Lot Size Acres: 1.17 Lot Size Source: Appraiser Lot Description: SeeRemarks

    Property Information

    Subdivision: LITTLE LAKE MUREX Source Property Type: Land Property SubType: Residential Direction Faces: South

  • Listing Price Information

    Listing Price: $850000
    AllFinancingConsidered, Cash

  • Tax Information

    Parcel Number: 27-46-22-T4-00700.0460 Tax Lot: 46 Tax Block: 700 Tax Year: 2024 Annual Tax: $8865.22 Tax Legal Desc: LITTLE LAKE MUREX PB 29 PG 90 LOT 46 + 1/49 INT IN LOT 50

  • Homeowners Association Information

    Included Fees: Other
    Association Amenities: BeachRights, BeachAccess, Pickleball, SeeRemarks, TennisCourts
    Community Features: NonGated

  • Utility Information

    Other
  • Location Information

    WaterSource: Public
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Nearby Home Value

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524 Lagoon Drive, Sanibel, FL, 33957 $525,000 -- -- -- 0.24 Acre(Lot)
1084 S Yachtsman Drive, Sanibel, FL, 33957 $699,000 -- -- -- 0.28 Acre(Lot)
1032 Sand Castle Road, Sanibel, FL, 33957 $399,000 -- -- -- 0.25 Acre(Lot)
1028 Bayview Drive, Sanibel, FL, 33957 $3,150,000 -- -- -- 0.50 Acre(Lot)
651 Donax Street, Sanibel, FL, 33957 $550,000 -- -- -- 0.24 Acre(Lot)
845 Pyrula Avenue, Sanibel, FL, 33957 $575,000 -- -- -- 0.37 Acre(Lot)
1340 Eagle Run Drive, Sanibel, FL, 33957 $539,000 -- -- -- 0.32 Acre(Lot)
1318 Par View Drive, Sanibel, FL, 33957 $419,000 -- -- -- 0.32 Acre(Lot)

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ByOwner last updated this listing 06/17/2026 @ 09:09

MLS: 225057654 LISTED BY: Jeffrey Burns, Premier Sotheby's Int'l Realty 239-472-2735 SOURCE: FGC

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