554 Lake Murex Cir Unit Lot 46 Sanibel, FL 33957
Estimated payment $5,440/month
Total Views
4,123
1.17
Acres
$726,496
Price per Acre
50,965
Sq Ft Lot
Highlights
- Community Beach Access
- 1.17 Acre Lot
- Tennis Courts
- Sanibel Elementary School Rated A-
- Garden View
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,865
Lot Details
- 1.17 Acre Lot
- 260 Ft Wide Lot
- Irregular Lot
HOA Fees
- $6 Monthly HOA Fees
Property Views
- Garden Views
Listing and Financial Details
- Tax Lot 46
- Assessor Parcel Number 27-46-22-T4-00700.0460
Community Details
Overview
- Little Lake Murex Subdivision
Recreation
- Community Beach Access
- Tennis Courts
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,865 | $549,936 | -- | -- |
| 2023 | $7,186 | $499,942 | $499,942 | $0 |
| 2022 | $5,517 | $385,846 | $0 | $0 |
| 2021 | $5,251 | $354,330 | $354,330 | $0 |
| 2020 | $5,051 | $354,330 | $354,330 | $0 |
| 2019 | $4,848 | $354,330 | $354,330 | $0 |
| 2018 | $4,733 | $354,330 | $354,330 | $0 |
| 2017 | $5,016 | $409,726 | $409,726 | $0 |
| 2016 | $4,037 | $279,000 | $279,000 | $0 |
| 2015 | $3,978 | $279,000 | $279,000 | $0 |
| 2014 | -- | $180,000 | $180,000 | $0 |
| 2013 | -- | $255,800 | $255,800 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $850,000 | +30.8% | $17 / Sq Ft |
| 04/11/2022 04/11/22 | Sold | $650,000 | -7.0% | $13 / Sq Ft |
| 01/30/2022 01/30/22 | Pending | -- | -- | -- |
| 09/22/2021 09/22/21 | For Sale | $699,000 | -- | $14 / Sq Ft |
Source: Sanibel & Captiva Islands Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | Winged Foot Title | |
| Warranty Deed | $162,000 | -- |
Source: Public Records
About the Listing Agent
Jeff and Tiffany met in college at the University of Florida where they both displayed the drive and success, they put to work every day for their valued customers. Jeff graduated with a Master’s Degree in Finance with a specialization in real estate and Tiffany graduated with high honors and a Master’s Degree in Computer Science.
After college Jeff and Tiffany couldn’t think of a better place to start a family than here in SW Florida. Jeff started his professional career as a loan
Jeff's Other Listings
Source: Sanibel & Captiva Islands Association of REALTORS®
MLS Number: 2250729
APN: 27-46-22-T4-00700.0460
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