A new species of squat lobster, Munidopsis shulerae sp. nov., from the Gulf of Mexico and western Caribbean, is fully described and illustrated. This new species is named in honor of the late Barbara Shuler Mayo (1945-1988), who first recognized this new taxon in her 1974 unpublished doctoral dissertation, but never formalized it. This new species is placed in the Anoplonotus group based on the presence of simple, narrow rostrum, spineless eyes, fused sternites 3 and 4, well-marked carapace regions, unarmed pleonal tergites, and smooth dactyls of pereopods 2-4. Among western Atlantic congeners, M. shulerae sp. nov. is most similar to M. polita (Smith, 1883), from which it can be distinguished by the straight shape of the rostrum with a tuberculate dorsal carina extending to the epigastric region, coarse ornamentation of the carapace, and a conspicuous submarginal protuberance on each side of the carapace between the antennal and ocular peduncles.