New Listing
$799,000
 $4,289 est/mo Sourced by Back At You

554 Lake Murex Cir,SANIBEL, FL 33957

SANIBEL, FL 33957

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Description

Rare Opportunity: Premier Vacant Lot in Lake Murex, Sanibel Island One of the largest parcels in the 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: in 2023, 562 Lake Murex sold for $950,000 for the land alone before being cleared to make way for a luxury new build. Located in the Little Lake Murex enclave of the popular Lake Murex subdivision, affords you access to the private HOA tennis and pickleball courts just at the 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, all just a short 10-minute walk from your door. Hop on your bike and you're minutes from the 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 most desirable and build-ready homesites.

Details

MLS #2026046096
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Listing Provided ByPremier Sotheby's Int'l Realty | Jeffrey Burns

Features

Acreage1.17
Water FrontYes
Property ViewYes

Interior

Rooms Total0
Fireplace Yes / NoNo

Exterior

Lot FeaturesSee Remarks

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Utilities

UtilitiesOther

Location

Community FeaturesTennis Court(s)

Taxes

Tax Annual Amount8865.22
Tax Block700
Tax Legal DescriptionLITTLE LAKE MUREX PB 29 PG 90 LOT 46 + 1/49 INT IN LOT 50
Tax Year2024

Area Information

StateFL
CountyLee
CitySANIBEL
Zip Code33957
AreaLITTLE LAKE MUREX
Community NameLITTLE LAKE MUREX
Listing VS Median (in LITTLE LAKE MUREX)
Price:
$799,000
low | high
Med:
$1,145,000
6.695869837297% of Average

Market Activity 33957

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Learn More About This Property

StateFL
CountyLee
CitySANIBEL
Zip Code33957
AreaLITTLE LAKE MUREX
Community NameLITTLE LAKE MUREX
Listing VS Median (in LITTLE LAKE MUREX)
Price:
$799,000
low | high
Med:
$1,145,000
6.695869837297% of Average
Nearby Listings (Within 1/4 mile)
Price: $599K - $998K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
 Property Photo 1
$995,000

Sanibel, FL 33957
Listing Updated: November 3, 2026 at 1:46:03 PM PST