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$850,000
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Property Description
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.
Full Property Details
Full Property Details for 554 Lake Murex Cir
General
- Price: $850,000
- Taxes: (2024)
- Status: Active
- Type: Residential Lots
- Source: Bonita_Springs
- MLS ID: 225057654
- Updated: 12/10/2025
- Added to Site: 211 day(s) ago
Additional Information
- Shared Amenities: Beach Access, Pickleball, See Remarks, Tennis Court(s), Non-Gated
- Tennis: Yes
Location
- Area: SI01 - Sanibel Island
- County: Lee
- Subdivision: LITTLE LAKE MUREX
- Building Name: LITTLE LAKE MUREX
- Direction Faces: South
Utilities
- Sewer: Central
- Water: Central
- Utility Description: Other
Structural Information
- Description/Design: Residential Lot
- Current Bldg. Use: Single Family
Lot Features
- Property View: Preserve
- Lot Size (Acres): 1.17
- Lot Size (Sq. Ft.): 50,965
- Lot Size Source: Property Appraiser Office
- Frontage: Public Road
- Street/Road Desc.: Paved
- Irrigation System: Central
- Lot Features: See Remarks
- Lot Description: See Remarks
Water Features
- Water Front Desc.: None
- Canal Width: None
Financial Considerations
- Price Per Acre: $726,495
- Tax Year: 2024
- Terms: Buyer Finance/Cash
Disclosures and Reports
- Legal Description: LITTLE LAKE MUREX PB 29 PG 90 LOT 46 + 1/49 INT IN LOT 50
- Property ID: 27-46-22-T4-00700.0460
- Section: 27
- Block: 700
- Lot Number: 46
Listed by Premier Sotheby's Int'l Realty
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Schools
Schools serving 554 Lake Murex Cir
School District:Lee County School District, Fort Myers, FL
| Name | Grades | Distance |
|---|---|---|
The Sanibel School 3840 Sanibel Captiva Road, Sanibel, FL 33957 | 6-8 | 1.3 mi |
Cypress Lake Middle School 8901 Cypress Lake Drive, Fort Myers, FL 33919 | 6-8 | 14.5 mi |
Cypress Lake High School 6750 Panther Lane, Fort Myers, FL 33919 | 9-12 | 14.3 mi |
South Fort Myers High School 14020 Plantation Road, Fort Myers, FL 33912 | 9-12 | 17.2 mi |
Fort Myers High School 2635 Cortez Boulevard, Fort Myers, FL 33901 | 9-12 | 19.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 554 Lake Murex Cir
Date
Details
Price
Change
Source
6/20/2025
Listed
$850,000
30.77%
MLS
4/11/2022
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 554 Lake Murex Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,613
8%
$811,265
7%
2024
$8,865
23%
$755,000
51%
2023
$7,186
30%
$499,942
16%
2022
$5,517
5%
$431,220
22%
2021
$5,251
11%
$354,330
34%
2018
$4,733
-6%
$263,538
-36%
2017
$5,016
24%
$409,726
47%
2016
$4,037
1%
$279,000
—
2015
$3,978
-18%
$279,000
-4%
2019
$4,848
55%
$289,892
61%
2014
$3,134
-28%
$180,000
-30%
2013
$4,366
—
$255,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 554 Lake Murex Cir
554 Lake Murex Cir, Sanibel, FL 33957 (MLS# 225057654) is a Residential Lots property with a lot size of 1.17 acres. 554 Lake Murex Cir is currently listed for $850,000 and was received on June 20, 2025. Want to learn more about 554 Lake Murex Cir? Do you have questions about finding other Residential Lots real estate for sale in Sanibel? You can browse all Sanibel real estate or contact a Coldwell Banker agent to request more information.

