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

Sanibel, FL, 33957
$ 850,000
Baths0.0

Monthly Estimate*

$ 5,234

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Studio

Lots and Land for sale in Sanibel, FL

for $850,000. The lot size is 1.17.

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.

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Lots and Land Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 8,865

Style

Residential

Lot Size

1.17

Town/City

Sanibel

County/Region

Lee

MLS | Web ID

225057654

Features
General
Sewer PublicSewer
Utilities Other
Possession CloseOfEscrow
HOA Fee 0.0
Association Fee Includes Other
View Preserve
Property Subtype Residential
Tax Year 2024
Current Use SingleFamily
Development Name LITTLE LAKE MUREX
Waterfront Features None
Community Features NonGated
HOA Fee 2 0.0
County Lee
New Construction N
Property Type Land
Association Amenities BeachRights BeachAccess Pickleball SeeRemarks TennisCourts
HOA N
Attached Garage N
Subdivision Name LITTLE LAKE MUREX
Facing Direction South
Garage Y/N N
Status Active
City Sanibel
Land Lease Amount 0.0
Senior Community Y/N N
MLS Area SI01 - Sanibel Island
Lot Size Units Acres
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 8865.22
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/225057654
Standard Status Active
Tax Lot 46
Property Sub Type Additional Residential UnimprovedLand
Legal Description LITTLE LAKE MUREX PB 29 PG 90 LOT 46 + 1/49 INT IN LOT 50
HOA Fee 3 0.0
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Exterior
Lot Features SeeRemarks
Water Source Public Public
Lot Size Area 1.17
Horses N
Spa N
Irrigation/Water Rights N
Lot Size Acres 1.17
Road Surface Type Paved
Private Pool N
Lot Size Source Appraiser
Waterfront Y/N N
Covered Spaces 0.0
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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* Excluded Features
List By
Jeffrey Burns

Listing Agent

Premier Sotheby's Int'l Realty

Broker

jeff.burns@premiersir.com

Email

Affordability Calculator

$5,972
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$739
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2025$850,000 Listed Price

Map


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554 Lake Murex Circle, Sanibel, FL, 33957 is a Lots and Land for sale at $850,000 with a lot size of 1.17. 554 Lake Murex Circle is a studio with 0.0 baths. The property's zip code is 33957 which is in Sanibel, FL