Another Week of Fabulous Island Weather


All is well again this week at SanibelSusan Realty. Another seven days of beautiful sunny warm weather have kept most visitors busy with outdoor activities. The following photos, I snapped with my cell phone this morning at Beach Access #6 on Sanibel’s West Gulf Drive.

Access 6 #1Access 6 #2

Below are a few news items, followed by the action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service.

Realtors June Membership Meeting

San Cap LogoYesterday was the June monthly breakfast membership meeting at the Sanibel & Captiva Islands Association of Realtors®, a good opportunity for me to announce our new listing at Casa Ybel Resort. The condo was photographed professionally this week so it now is officially on the market.

The following slide show includes the unit and several resort amenities. Click the “Cottage Colony West #136” tab above for more details and a streaming video. This beach-front condo grossed over $92K last year in the easy on-site rental program.

This slideshow requires JavaScript.

The educational part of yesterday’s Realtor® meeting was a presentation by Sanibel City Manager, Judie Zimomra, and Lt. Bill Dalton of the Sanibel Police Department. Covering “hurricane season preparedness”, they offered some good and timely advice. Here are some of my take-aways:

Lt. Dalton described a study which determined the five areas of the nation that are the hardest to leave during a mandatory evacuation. Here are the worst five – a good example of when it’s not good to be in 1st position – but our area is, so this is a good reminder to leave early when a storm is heading this way.

  1. Southwest Florida – because of few east/west roadways & limited north/south evacuation routes.
  2. Tampa Bay area – high population & also few ways of egress
  3. Maryland/Northern Virginia/DC area – population
  4. New York/New Jersey – population
  5. Southeast Florida – population.

Another interesting tidbit is that there is a Lee County ordinance that says all county bridges must be closed when wind speed reaches 40 mph. That info brought a question from the floor which was “How do we get over the Caloosahatchee River bridges after leaving the islands.” Answer: “Leave early – before they are closed.” Yikes! That may be a good reason to leave when evacuation is recommended, but before it is mandatory.

Hurricane Charley in 2004 brought high wind to Southwest Florida. (Lt. Dalton reported that the City wind gauge broke when it recorded 143 mph, so the exact top wind speed is unknown.) Charley was a relatively small fast- moving storm. When compared to other larger and slower-moving past storms, if Charley had stayed longer, the storm surge here could have been as much as 17-23 feet, and damage could have covered a much broader area. Good reason to check your insurance coverage now! Hurricane season has begun!

Sanibelcityseal logoIf you are interested in receiving emergency Sanibel notifications, go to the City’s website at www.MySanibel.com and click on the link in the right hand column called “Code Red”. Code Red, Rapid Emergency Notification System, is an emergency telephone network which will text, call, or email you with information whenever the City turns the system on to report an emergency situation. Examples could include: evacuation notices, bio-terrorism alerts, boil water notices, and missing child reports.

If you are here in the summer or fall, now also is a good time to get your island reentry passes. These have not been needed since after Hurricane Charley, but you will need an up-to-date pass to get back on the island following an evacuation. There are separate passes for residential and commercial and these hang from your rear view mirror (or remain safely in your glove box until needed – hopefully never). Info about these passes also on www.MySanibel.com and at the Sanibel Police Department.

1st Annual National Shell Day a Success

The 1st Annual National Shell Day, a marketing effort in partnership with the Lee County Visitors and Convention Bureau and promoters of tourism at the Beaches of Fort Myers & Sanibel, was the talk of the islands on Monday.

“Good Morning American” weather gal, Ginger Zee, reported live over a 2-hour span from the beach at Sundial Resort where she not only reported the country’s weather, but also introduced their national audience to the “Sanibel stoop”, to Lola (a disabled American kestrel who lives at CROW (Clinic for the Rehabilitation of Wildlife, and to mollusks from the Bailey-Matthews National Shell Museum.

Garnering the most attention was the Shell Love Bug, which is a used Volkswagen Beetle convertible which was transformed into a sailor’s valentine on wheels thanks to Pam Rambo of ILoveShelling.com and a group of volunteers. (The photos below are from Pam’s web site.)

The Shell Love Bug is traveling around the county this week to promotional events. Here are some fun facts about its creation:

  • $7,000 cost of the 2005 Beetle
  • 20,000+ shells glued onto car
  • 65+ varieties of local shells
  • 60+ volunteers who transformed the car
  • 60+ tubes of “Marine Goop” adhesive for attaching the shells!

Americans Are Feeling Wealthier, More Upbeat

realtor logo“Realtor®Mag” on line on Monday has the following article sourced to “Daily Real Estate News” and “Fannie Mae”:

“Fannie Mae’s Home Purchase Sentiment Index zoomed to an all-time high in May as consumers get more upbeat about their paychecks and home selling. In May, the index reached a reading of 85.3, which follows an 18-month low reached in March.

“Three of six components the index measures registered increases last month, led by a 7 percentage point increase in the number of consumers reporting significantly higher income than a year ago. Also, the number of consumers who expect home prices to increase over the next 12 months rose 5 percentage points. Consumers were also upbeat that mortgage rates would decrease over the next year as well.

fannie-mae-logo“That said, the index indicator on whether it’s a “good time to buy” dropped 1 percentage point to an all-time survey low in May.

““Continued home price appreciation has been squeezing housing affordability, driving a two-year downward trend in the share of consumers who think it’s a good time to buy a home,” says Doug Duncan, senior vice president and chief economist at Fannie Mae. “The current low mortgage rate environment has helped ease this pressure, and fewer than half of consumers expect rates to go up in the next year. While the May increase in income growth perceptions could provide further support to prospective home buyers as the spring/summer home-buying season gains momentum, the effect may be muted by May’s discouraging jobs report.”

“Here’s a closer look at additional findings from Fannie Mae’s latest index reading:

  • 29% of Americans say now is a good time to buy a home, a drop of 1 percentage point from March and an all-time survey low for the second consecutive month.
  • 52% of consumers believe now is a good time to sell a home – an all-time survey high.
  • 42% of Americans believe that home prices will go up.
  • 72% of Americans say they are not concerned with losing their job, a drop of 2 percentage points from March.
  • 18% of Americans say their household income is significantly higher than it was a year ago, up 7 percentage points from March and at an all-time survey high.”

Buyers Gaining Upper Hand in Luxury Market

wall street journalPosted last week in “Daily Real Estate News, sourced to “The Wall Street Journal”, June 15, 2016:

“The number of luxury homes for sale is growing, and that is unlocking some deals for potential buyers, The Wall Street Journal reports. Indeed, inventory of homes priced between $500,000 to $750,000 increased nearly 16% in March compared to a year ago, according to data from NAR. What’s more, inventory for real estate priced more than $1 million increased 12.6% year-over-year.

“As more expensive homes linger on the market, buyers are finding more bargaining power.

“For sellers, this may be a tough realization that the power is shifting. Shannon Baird, a broker with Living Room Realty in Portland, Ore., says that a major challenge is changing the mindset of home sellers who are hearing news of quick sales and bidding wars. But that’s not the case in the upper price bracket in many markets.

“Stock market volatility has made some wealthy buyers more cautious to jump into a big home purchase at the moment. Also, fewer foreign buyers are on the market as the dollar strengthens, says Lawrence Yun, NAR’s chief economist. “The stock market has come back up, but we don’t know yet if that means the upper-end home buying market will begin to return,” Yun says.”

Do You Vote in Lee County?

Ding Darling Society logoIt “yes”, “Ding” Darling Wildlife Society’s June 23, 2016 newsletter asks that you “Keep Conserving Lee” and posted the following notice:

“Vote YES for Conservation 20/20.  Support the continued use of tax dollars to conserve important wildlife habitat and outdoor recreational opportunities in Lee County by voting YES for Conservation 20/20 in the November 8, 2016, election. Thanks to 20/20, we were able to fulfill our goal to purchase and protect property at Woodring Point in 2013. We hope to work with the county again in the future on such preservation partnerships.”

Here for July 4th?

4th-of-july-clip-artA few more July 4th events have been announced. Click on the “Upcoming Island Events” tab above for more details.

Here are some photos of where the fireworks could be viewed, including the end of Bailey Road (1st group of photos) and the end of Dixie Beach Boulevard (2nd group)– or anywhere on the bay side of the island.

Sanibel & Captiva Islands Multiple Listing Service Activity June 17-24, 2016

Sanibel

CONDOS

2 new listings: Loggerhead Cay #462 2/2 $539K, Cottage Colony West #136 1/1 $649K (our listing).

3 price changes: Seashells #38 2/2 now $372K, Mariner Pointe #943 2/2.5 now $619K, Sanctuary Golf Villages I #3-3 2/2.5 now $650K.

1 new sale: Compass Point #151 3/3 listed at $1.195M.

2 closed sales: Bayview Village #2A 3/3 $675K, Island Beach Club #330C 2/2 $760K.

HOMES

2 new listings: 3792 Coquina Dr 3/3 $1.049M, 6111 SanibelCaptiva Rd 5/4/3 $27M.

2 price changes: 1429 Jamaica Dr 3/3 now $769K, 243 Southwinds Dr 4/2.5 now $1.075M.

3 new sales: 676 Emeril Ct 3/2 listed at $729.9K, 2311 Starfish Ln 4/3 listed at $1.249M, 1520 Angel Dr 4/3/2 listed at $1.279M. 

1 closed sale: 1658 Sabal Palm Dr $852.5K.

LOTS

No new listings or price changes.

1 new sale: 2988+2993 Wulfert Rd listed at $899K.

1 closed sale: 1310 Par View Dr $331.25K.

Captiva

CONDOS

1 new listing: Tennis Villas #3238 2/2 $435K.

No price changes, new, or closed sales.

HOMES & LOTS

Nothing to report.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

July 3 2015 5Until next Friday, when SanibelSusan Realty Associates will be all decked out for the holiday weekend!
(more pix next week)
Susan Andrews
aka SanibelSusan

Sanibel & Captiva Fathers’ Day Weekend 2016


It has been another quiet few days on Sanibel and Captiva Islands. The weather has improved over last week, as the days have been mostly rain-free, but it definitely has been typical pre-summer routine.

BeachPath

There was no Realtor Caravan meeting yesterday, but SanibelSusan got a new listing that will be posted in the Sanibel & Captiva Islands Multiple Listing Service (MLS), once professional photography is done. It is Cottage Colony West #136, which is a top-floor gulf-front unit in the condo section of Casa Ybel Resort. If you know anyone looking for a good investment property, these 1-bedroom units are definitely that. Most gross $80K-90K/year with the resort fully handling the rentals and owners getting half. Since the resort is the venue for many weddings and parties, the units can be difficult to view, so often sell sight-unseen – making the internet presence and that photography so important. (Photo above of the beach in front of Casa Ybel Resort & photo below of the lawn before the beach.)

AnotherView

After a few news items, below is the action posted in the Sanibel/Captiva MLS over the last seven days.

 Restaurants & More

diningVisitors are forever asking Realtors® for dining recommendations, so we try to scoop out what’s happening, particularly during the off-season. Sometimes that’s not easy, even for locals, but here’s a little.

The former Sanibel Steakhouse has been empty for months, the sign is down, and their web site says that restaurant is retired, but we occasionally see activity there. This week, I noticed a Benchmark Construction sign posted. Maybe a newly remodeled restaurant will be springing up there in the months to come. We’ll be watching.

The new Doc Ford’s on Tarpon Bay Road now is moving along quickly. Rumor has it that their CO (certificate of occupancy) is expected in a few weeks, with the restaurant probably opening later this summer or when their staff is trained in their wonderful new location.

1st Annual National Seashell Day is Monday

National Seashell Day 2016Don’t forget, that Monday June 20, has been proclaimed the 1st annual National Seashell Day. A new promotional vehicle, The Shell Love Bug, will debut then on the “Good Morning America” national broadcast. The Volkswagen Beetle will be driven by Pam Rambo, Sanibel shelling expert, who designed the vehicle with a team of shellers in partnership with the Lee County Visitor & Convention Bureau.

The Shell Love Bug is decorated with more than 19,000 local shells. It will be on display at Bailey’s General Store from 11 a.m. to noon and 12:30 p.m. to 2:30 p.m. at the Bailey-Matthews National Shell Museum. The Shell Love Bug will be on a county-wide tour the entire week. As it is illegal to collect live shells in Lee County, no live shells were used in the creation of the car.

Travelers who visit on National Seashell Day will have access to special travel deals and seashell activities including a social media-driven scavenger hunt. Visit the Lee County Visitor and Convention Bureau site, nationalseashellday.com to enter the Shell Yeah! Sweepstakes and view a full list of activities and accommodations participating in the 4th-night free deal.

Many Baby Boomers Plan to Move Again

baby boomersThis was posted on “Daily Real Estate News” on-line on Monday, June 13, 2016:

“About 60% of home owners age 55 or older say they would prefer to age in place if they had complete control over their living arrangements. That said, nearly 40% indicate they would prefer to move at least one more time.

“That means nearly 27 million home owners may move again, according to the Freddie Mac 55+ Survey. Of those baby boomers who expect to move, 13% say they will likely move within four years.

“”The decisions the nation’s baby boomers and other older home owners make will have an enormous impact on the demand for housing and new mortgage credit for the foreseeable future,” says Dave Lowman, executive vice president of Single-Family Business at Freddie Mac. “Whether they buy new homes or decide to refinance and renovate their current ones, the size of this generation and the fact that they hold close to two-thirds, approximately $8 trillion, of the nation’s home equity makes it very important that we watch what they do.”

“Twelve percent of those baby boomers who would consider moving say they expect their next home to be more expensive than their current one. The survey showed that 37% believe their next home purchase will be in the same price range as their current home, and half say that it will be less expensive.

“Here are some additional findings from the survey:

  • 76% of baby boomers surveyed say they are confident they will be financially comfortable in retirement.
  • 59% of home owners say they are “very satisfied” with their communities, 64% with their current home, and 54% with their quality of life.
  • Nearly 25% of the respondents say they have already helped someone financially with a down payment for a home.
  • The top factors influencing whether to move and where to live: affordability of living in a particular community (46%); having the amenities needed to live there for many years after I retire (44%); less maintenance (41%); having a place where I was no longer responsible for caring for the property (e.g. yard work, snow removal) (30%); proximity to other family members (31%); being in a walkable community (28%); having abundant services for adults my age (25%); access to public transportation (17%); warmer climate (19%); having a place that is smaller than my current home (e.g. downsizing) (19%).”

SANTIVA TODAY: Rooms Need Constant Upgrading, Study Says

santiva chronicleThis article was posted yesterday on line by the “Santiva-Chronicle”:

“The beaches of Sanibel and Captiva are renowned around the world for their beauty. That’s why vacationers come in droves. But what about the time that isn’t spent at the beach, like time back in the room?

Lee Visitors Convention Bureau logo“The Lee County Visitor and Convention Bureau has asked that question and then went seeking the answer. The result is the Highland Study.

“The Highland Study was completed in early 2015 by The Highland Group Hotel Investment Advisors of Atlanta and is intended as a tool to help Lee County, including Sanibel and Captiva, keep and build its market share and grow lodging revenue. Within the past year the Highland Study has been presented at, among other places, Sanibel City Council and most recently the Sanibel Captiva Chamber of Commerce.

“Using data compiled through the end of 2014, the Highland Study begins with five important numbers:

  • $16,627 – Vacation rental units in excellent condition average $16,627 more revenue annually than units that are in fair to poor condition, according to the Highland Group unit pair analysis. Renovation pays.
  • $2 – Lee County only gained $2 in hotel average daily rate between 2009 and 2013, well below gains in comparable counties. The national and Florida average increases were more than five times higher, according to Smith Travel Research. Improving revenue management can benefit both property owners and the county.
  • 24% – Only 24% of Lee County visitors are visiting for the first time and this figure has been dropping, according to Davidson-Peterson Associates.
  • 52 – Average age of visitors to Lee County is 52 and has been rising, according to DavidsonPeterson Associates. This is unusually high and puts the county at risk of aging out of a viable clientele and becoming identified as obsolete.
  • 10% – Only 10 percent of visitors identify Lee County as more expensive than anticipated, according to Davidson-Peterson Associates. This is unusually low and means that the county is missing revenue opportunities.

“The Highland Study puts it all together with the conclusions that the demographics of vacationers are changing. If we want younger visitors to continue to replace older ones then we can’t sit still. This means updating the rooms. It doesn’t have to be done all at once, but it needs to be done and the best way is a plan or program that keeps putting money back into updates.

Read the Highland Study here

“Everyone, no matter what age, wants a nice, clean, bright room. That always has been important. But needs of the younger generation are different. While older visitors might never expect, or even care, if their room is equipped with a flat screen television, the new generation of vacationers does. Older visitors have come here for years and never had Wi-Fi in their rooms and don’t care. The new visitors expect Wi-Fi and will start tweeting immediately that their room doesn’t have it.

“Lee County was compared to four other counties in the Highland Study. Hotel lodging inland in Lee County and on Fort Myers Beach tended be newer that other parts of the county, and that includes Sanibel and Captiva, whose “product is uniquely concentrated from the late 1960s and 1970s.”

“We suspect most hoteliers in Lee County have read the Highland Study, which flatly states, “lodging requires constant upgrading. Lee County lodging will need to be upgraded to be competitive in the future.””

The Real Estate Profession is Getting Younger

realtor logoIt’s always good news to hear that the Realtor profile is changing in the right direction. According to statistics released earlier this month by the National Association of Realtors® (NAR), the real estate profession – is getting younger! It says “There’s been big change in the average age of real estate professionals. In just one year, the median age of Realtors® dropped – from 57 last year, to 53 this year! That’s according to the 2016 NAR Member Profile…What’s driving the decrease? Well, Realtors under the age of 30 have more than do0ubled in the last year, from just 2% of all members to 5%, and the share of Realtors 65 and older dropped significantly—from 25% to just 16%”.

“As a result of the change, 20% of Realtors today—that’s one out of every five—have been in the business just one year or less. And a third of all Realtors have been in the business three years or less….”

Sanibelsusan LogoThat doesn’t mean that SanibelSusan is retiring any time soon, but it hopefully means that there will be more new members contributing to the health of the real estate family. As a member of the Sanibel & Captiva Association of Realtors® Nominating Committee again this year, it can be challenging finding young members willing to volunteer their time for committee work which makes them eligible for our Board of Directors and future officer positions. Explaining to candidates how networking is key to a successful business helps.

EliseinShirt

BetterSusan

Wondering how many years The SanibelSusan Team has in this business?

Together, we have a whopping 72 years! And they really have been together too!

Four professionals for the price of one!

Dave CroppedLisa1Susan Andrews – 27 years licensed, 21 as a broker

 

 

Elise Carnes – 19 in real estate, licensed for 13

Dave Anderson – 17 in real estate, licensed for 4

Lisa Murty – licensed and in real estate for 9 years.

 

What Dads Want in Their Homes (all hail the man cave)

fathers-day-clip-art-HappysFathersDayClipArt1024x1024PB1Thanks to our client pal, Scott, for emailing me the following article that he shared with us in honor of the upcoming Father’s Day weekend. It was published on line today in the “Wall Street Journal” – “MarketWatch”. Best wishes to Scott and all those other man-cave loving Dads!

“This Father’s Day, when it comes to what dads want in a home, the answer seems clear: their own space.

While moms appear to be more practical when it comes to home design, dreaming of features like mud rooms so kids can change out of grubby clothes before tracking dirt into the house, or open floor plans so they can keep tabs on kids who are hanging out in the living room while they’re in the kitchen, dads want to get away from it all.

““We’ve been asked to search for homes with a separate snack kitchen, cigar lounge, a quiet napping room just for dad,” said Bruce Elliott, a Realtor with Regal Real Estate Professionals in Orlando, Fla. “Even room for a home brewery.”

“Barring the cigar lounge, at the top of the list for dads is — not surprisingly — the original man cave, namely the garage, said Elliott. Dads have also asked for cabinets on porches big enough to install a small fridge, a shaded platform for a grill, or storage sheds for pool games and floating toys, he said. Dads spend time really evaluating the potential a garage has and “will it fit their jet skis or other toys, a workbench or, of course, that mountain of kids’ stuff,” he said.

“Of course, plenty of dads, like Chad King, a 42-year-old marine biologist who lives in Gilroy, Calif., are all about being practical when it comes to what they want in a home. “Good school district, not near busy streets so there’s no noise pollution, low crime rates, quality construction materials and everything up to code and permitted,” he said. Still, King looked for a house with a large garage for at least three cars “plus a man-cave or office far from the kids rooms so I don’t keep them up at night,” he said.

“And if dads can’t find the ideal space in a home, they’ll make it. Or at least have somebody else do it, said Frederick Wilson, an architect who co-founded the firm Morgante Wilson in Evanston, Ill.

“Wilson, a father of three who himself, created a separate space in his house for his Lionel trains and railroad memorabilia, and reported that he’s been asked to create special spaces for dads, including one for a client who wanted to mount his trophies from big game hunting trips. “[His] wife didn’t want the stuffed heads anywhere near the house,” he said. So Wilson designed a one-and-a-half-story study off the main floor with lots of natural light but kept it separate from the main floor.

“Another client wanted to mount his guitars and have a place to jam. Yet another wanted the wall of his study knocked out so he could stare at his classic cars in the garage. “Most guys have something they want to celebrate, but they don’t know how,” Wilson said.

“And if it’s not a man cave, it’s access to the great outdoors that fathers want, said Jerry James, president of Glenview, Ill.–based Edward R. James Homes, a residential developer. His company’s town house designs outside Chicago feature a square private outdoor deck on the main level that’s easily accessible from the kitchen and family room and is accessed through a den.

““The connected den can be used as a kids’ playroom where dad can keep an eye on them while relaxing and reading a book on the deck,” said James. “Or, if the den is used as a home office, the deck makes a nice change of scenery if dad is working from home for the day and wants to work outside on his laptop.”

“Karen Schmid, sales manager at Red Seal Homes in Northbrook, Ill., said the company’s Willow Lake development, which includes waterfront homes with deck and water rights along two natural lakes, was particularly popular with dads. “That’s been a huge pull for the guys,” she said, many of whom prize it for fishing and kayaking.

“A little more down-to-earth dad amenity is the outdoor kitchen. “It’s a popular upgrade for dads who not only want a fully equipped, dedicated space where they can show off their skills as family ‘grill master,’ but also have a great area for outdoor entertaining,” Wilson said.

“Greg Lukianoff, a 41-year-old attorney and father in Washington, D.C., is one of those budding grill masters. He said any outdoor grill needs to be connected to the house’s gas line so you don’t risk running out of gas while in the process of cooking or have to swap out propane cylinders. It’s also important to have the outside grill area connected to the kitchen, he said. “As someone who loves blackened fish, it’s also great for keeping your house smelling good,” he added.

“Lukianoff’s wife, Michelle, declined to comment.” (I love that last sentence.)

sancap GO MLS logoSanibel & Captiva Islands Multiple Listing Service Activity June 10-17, 2016

Sanibel

CONDOS

2 new listings: Kimball Lodge #263 1/2 $415K, Sundial #F208 1/1 $439K.

No price reductions.

3 new sales: Sanibel Arms West #H1 2/2 listed at $529K, Compass Pointe #222 listed at $689K, Sundial #M301 2/2 listed at at $749K.

1 closed sale: White Caps #5 1/1 $505K.

HOMES

1 new listing: 6111 San-Cap Rd 5/4.3 $27M

6 price changes: 956 Dixie Beach Blvd 2/1 now $395K, 9292 Belding Dr 3/2.5 now $429K, 676 Emeril Ct 3/2 now $729.9K, 9468 Peaceful Dr 3/2 now $759K, 726 Cardium St 3/3 now $775K, 2479 Blind Pass Ct 3/2 now $1.1M.

4 new sales: 242 Christopher Ct 3/2 listed at $729K, 3335 Twin Lakes Ln 3/2 listed at $779K, 641 Lake Murex Cir 4/3 listed at $975K, 513 Lighthouse Way 3/3 listed at $2.4M.

4 closed sales: 746 Cardium St 4/2 $599,998, 480 Peachtree Rd 3/3 $660K, 5753 Pine Tree Dr 3/4 $950K, 746 Windlass Way 4/3 $1.135M.

LOTS

No new listings.

1 price change: 2501 Wulfert Rd now $199K.9K.

No new sales.

1 closed sale: 5639 Baltusrol Ct $235K.

Captiva

CONDOS

No new listings or price reductions.

1 new sale: Captiva Bay Villas #B 3/3.5 listed at $1.875M.

2 closed sales: Bayside Villas $5106 1/2 $275K, Bayside Villas #4301 3/3 $584K.

HOMES & LOTS

Nothing to report.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Enjoy your weekend & Happy Fathers Day to all the Dads!

Susan Andrews, aka SanibelSusan

fathers-day-clip-art-FATHERS_DAY_HEADER

Lotsa Rain & Lotsa Shells


It has been another quiet few days on Sanibel. Luckily Tropical Storm Colin passed to the north, though it brought some much needed rain which has continued off and on through much of the week. By today, most of us are over it, but the rain continues. Certainly not a good week to be here on vacation if you are a sun-worshipper, but the shelling is amazing!

Rainy lighthouse sanibel-island

A few turtle and snowy plover nests were damaged from high water, but many remain on Sanibel’s both east and west end and Captiva. Turtle patrols are out checking nests every day. Interestingly those sea turtles do not lay all of their eggs at one time, so Mother Nature planned for events like these.

SanCapAssnLogoUnfortunately, it was another slow week for real estate too. Attendance was down yesterday at the Sanibel & Captiva Islands Association of Realtors® meeting and the nine properties open for Caravan after the meeting had to deal with the buckets of rain that continued most of the day. No condos went under contract this week on either island, just two homes sold on Sanibel, none on Captiva. More details on the week’s action posted in the Sanibel & Captiva Multiple Listing Service follow some news items below.

Hurricanes

santiva chronicleMost islanders do not like to think about hurricanes, but there was a nice article with some island history published in the “Santiva-Chronicle” on Monday, June 6.

rotary logoWith June the start of hurricane season, the Sanibel-Captiva Rotary Club had SCCF (Sanibel-Captiva Conservation Foundation) Education Director Kristie Anders as their speaker at their meeting last week. This is the report that they provided to the paper.

SCCF logo“Well here it is the first week of June and we’re already talking about a tropical disturbance in the Caribbean.  Watchful eyes are keeping a lookout on this storm and are tracking it’s movements in the Caribbean Sea and Gulf of Mexico.  After all, we are now officially in Hurricane Season…June 1 through Nov. 30 and although early in hurricane season, these tropical disturbances can take unexpected twists and turns intensifying into full-blown hurricanes, at any time.

“Our Rotary speaker this week was Kristie Anders, SCCF education director, talking about hurricanes. She started out by giving us this statistic:  50% of our Island residents have never been through a hurricane season here on the Islands.  This is important to note, since this year the predictions “The 2015 hurricane season was somewhat benign in the Atlantic, but if La Nina kicks in this coming summer (as predicted), it could be a troubling season,” according to NASA climatologist Bill Patzert.  By the numbers: 14 named storms, 8 of those storms becoming hurricanes and 4 of those hurricanes becoming major hurricanes (Category 3 or higher)

“Anders said, “Hurricane season is a roll of the dice.”

“Kristie gave us a look-back at previous storms that have hit our area:

  • 1873 NO NAME a hurricane hit Punta Rassa wiping away all the buildings and demolishing the area with raging winds and a 14’ storm surge.
  • 1910 “The BIG STORM” hit the Islands destroying all the crops.
  • 1919 “Key West Hurricane” washed over the islands, salting the soil.
  • 1921 “The Tampa Bay Hurricane” Category 3 Captiva was split at Red Fish Pass.
  • 1926 “The Great Miami Hurricane” Category 4 This storm was very destructive to the Islands.  Captiva was severed from Sanibel when a hurricane storm surge created a new channel – Blind Pass.
  • 1960 “Hurricane Donna” Category 4 The dry hurricane.  Damage to the roads was caused by the tides that “crested four to six feet above normal.  Australian pines, insecurely anchored by wide-spreading but shallow roots, fell like tenpins across the main road that travels down the center of Sanibel and along the Captiva Gulf. Much of the Captiva road was impassable, parts of the Sanibel road were blocked under sand drifts, and tree falls. Upper Captiva washed away.”
  • And Now to Hurricane Charley – 2004 Hurricane Charley Category 4… winds of 131 mph.  Turns from simple tropical Storm to Hurricane…changes course from going to Tampa… hits dead on North Captiva, Captiva, and Sanibel.  Mandatory evacuation of Islands…some stayed…Islands closed.  Although 18-foot storm surge was predicted, luckily that wasn’t the case.  Wind and tornadoes disseminated fauna, foliage, and homes on the islands. The Islands had no functioning sewer system, electricity, or water.  Phone lines were downed.  Electricity was knocked out and not restore for about five days.  Roads were blocked with fallen trees and debris.  North Captiva Island was split in two by the hurricane.  Residents could not return to the Islands until roads were cleared.  Kristie and her husband Red lived on North Captiva and were caught off guard by Hurricane Charlie, they did not evacuate in time.  The National Weather Service and local meteorologists gave confusing information as to the direction of the storm and at some point, it was too late.  The damage to North Captiva was incredible, roofs were destroyed, windows blew in, and walls collapsed.  No electricity and no communication channels.  Boats and planes were destroyed; there was no way off the Island.  It wasn’t until the Monday after the storm that the National Guard arrived by boat to assess the damage to island property and secure property from vandalism. They realized Kristi and Red were not looters but residents of North Captiva. The soldiers helped in the cleanup of the Island.

“There were definite lessons learned by the residents that stayed on the Islands during the storms…don’t mess with Mother Nature.  Most of them definitely will not do that again.

“Resident hurricane passes are now available at Sanibel City Hall…don’t wait.  Hurricane forecasts give indications of the path of these storms…when it looks like the storm is coming this way, make hotel reservations…Kristie’s suggestion…somewhere near I-75.  Take forecasts of storm surges seriously.

Sanibel-Captiva Rotary will not be meeting at the Dunes Golf & Tennis Club for the next two months. On Friday, June 10, our meeting will take place at the Sanibel Shell museum starting with breakfast at 7 a.m.  Further meeting information, can be found at http://www.sanibelrotary.org or check our Facebook page Sanibel-Captiva Rotary Club.  Guests are always welcomed at all of our San-Cap Rotary meetings.”

America’s Favorite Towns

Though it’s undoubtedly good for business, sometimes the locals cringe when Sanibel makes another “list”. Here’s one recently posted by “Travel + Leisure” magazine. According to the article:

“Travel + Leisure’s America’s Favorite Places survey opened on 10/8/2015 and closed on 04/15/2016. It was open to everyone, and ran alongside a sweepstakes. The open-response survey asked respondents to submit their favorite place and rate it in over 65 categories, including affordability, notable restaurants, and public parks. Towns were defined as governed bodies with a population less than 100,000. After discarding incomplete ballots and cities that received less than 8 votes, each entry was ranked according to an average score.”

Here are the top 30 favorite towns:

30. Sedonz, AZ
29. Hilton Head, SC
28. Carmel-by-the-Sea, CA
27. Naples, FL
26. Key West, FL
25. Duluth, MN
24. Laguna Beach, CA
23. Charlottesville, VA
22. Santa Barbara, CA
21. Newport, RI
20. Williamsburg, VA
19. Aspen, CO
18. Red River, NM

Lighthouse1

Sanibel Island

 

17. Sanibel Island, FL
16. Durango, CO
15. Cape May, NJ
14. Pigeon Forge, TN
13. La Jolla, CA
12. Sarasota, FL
11. Sonoma, CA
10. Asheville, NC
9. Traverse City, MI
8. Staunton, VA
7. Portland, ME
6. Harrisonburg, VA
5. Atlantic City, NJ
4. St. Augustine, FL
3. Sante Fe, NM
2. Provincetown, MA
1. Park City, UT

Sanibel StoopNice to see that five of the top 30 are in Florida. The write-up about Sanibel Island says, it “scored highly as a beach vacation and vacation getaway, but it enhanced both of these standings by getting a perfect score for free things to do.

“Indeed, the most popular thing to do here costs nothing: browsing the multitudes of seashells (there are reportedly 200 different kinds) on the beaches, an action known as the Sanibel Stoop…The island also ranked well for affordable cuisine….”

What is Your Opinion of Sanibel’s Civic Core Project?

As posted this week in several local publications, the Sanibel Civic Core group wants to know your opinion of the project and has created a website (sanibelccp.org) where citizens may see details and comment.

Civic Core Concept 02-16

The Civic Core project would rebuild BIG ARTS and move the Center-4-Life to the Civic Core campus near BIG ARTS, City Hall, and the Library. It would be a multi-purpose facility designed to host a variety of different events. It would add about 400 parking spaces and have the benefit of relieving some of the traffic congestion on Periwinkle Way during events.

The Civic Core project weighs in with a hefty $42 million price tag with the money coming from – grants totaling $22 million, $12 million from BIG ARTS, and $8 million from Sanibel taxpayers which would have to be approved in a ballot referendum.

The community’s ultimate opinion on the Civic Core project will be decided in the voting booth, but before that happens the Civic and Cultural Core Working Group has posted the website to ensure that voters are informed. Check it out at www.sanibelccp.org.

Property Values Up Throughout Lee County

Good news posted on-line at CaptivaSanibel.com on Wednesday. It says:

“For the fourth year in a row, property values in Lee County continue to increase according to the preliminary estimated Taxable Values for 2016 released late last month and that increase is 6.62% countywide.

LeePALogo.png“We have 91 taxing authorities in Lee County and there are no negative percentages anywhere in the county,” said Lee Property Appraiser Ken Wilkinson. “I think they will all be pleased. Of course, we have another month to work on the figures so the value could still go up some as we check for errors.”

“The total taxable value on new construction countywide rose from $972.5 million in 2015 to over $1.3 billion for 2016. New construction figures in Sanibel rose from more than $13 million last year to more than $18 million this year.

“We had a surge in new construction from 2015 to 2016,” Mayor Kevin Ruane said. “I think when the economy improves more people take advantage of that.” He said there are around 170 lots on Sanibel that are still buildable.

“Wilkinson’s office faces a July 1 deadline to notify the taxing authorities of their final estimate value figures, which will then be used by government agencies to set the millage rate through two required public hearings.

Those figures also will be sent to Tallahassee for approval, but, Wilkinson said, the state has never not approved the figures. The final estimate figures will be mailed to every property owner in the form of TRIM notices in mid-August.

“After the TRIM notices arrive, property owners then have 25 days to contact the appraiser’s office to appeal their taxable value if they think it is too high.

“Cape Coral’s total taxable property values are up 6.64% over 2015. Fort Myers Beach values rose by 6.72%, Sanibel by 3.98% and Fort Myers increased by 8.44%.

“Ruane said Sanibel did not go down 45 to 50% like other places did in 2007 and when considering an increase in percentage it is hard to go up as much when the decrease is not as large. “We historically have a better percentage between June and July,” he said, adding that he believes they will be closer to 5% once July comes.

“Ruane said the difference between Sanibel’s increase and Cape Coral and Fort Myers is those cities are still down 25%.

Sanibelcityseal logo“We are in single digits. They have to make up more than 20% than I do,” he said. Ruane said the percentage is kind of exactly where he thought they were going to be. “Would I like property values to go up more, yes, (but) Sanibel values continue to rise,” he said. “We continue to be noted as a great place to come.”

“The City Council will discuss a preliminary budget at its Tuesday, June 7 meeting, which Ruane said includes a budget planned around 3 and 4% for property values.

“Among the local fire districts, Upper Captiva increased the least, just 0.25%, and Fort Myers Beach rose the most at 6.06%. Captiva Fire District increased just 0.44%, Matlacha-Pine Island by 5.06, North Fort Myers by 5.47 and Sanibel by 3.84%. Lehigh fire district opted out of the county tax roll for 2016 by passing a Fire Service Assessment tax instead.

“Property values started to rise in Lee County overall three years ago while some communities still saw decreases. Most property in the county increased for 2013 with few exceptions. These last two years every city, town and taxing district in the county is seeing higher values. The Lee County market lost half of its total value between 2007 and 2013 when the market started to turn around.

“The annual process is complete when tax bills start arriving in property owners’ mailboxes in November.”

4th of July on Sanibel

In less than a month, the islands again will be celebrating another holiday. Wondering what’s in store for July 4th here this year? Morning, noon, and night, the line-up is below:

  • 2003 BonneParade

    An oldie

    26th Annual Independence Day Parade – Beginning at 9:30 a.m. at the corner of Tarpon Bay Road and Periwinkle Way, the parade travels down Periwinkle Way to Casa Ybel Road. It is small town fun at its finest with many local businesses, organizations, community members and families participating in decorated vehicles and tossing goodies and holiday mementos to parade watchers. A good vantage point is the lawn in front of SanibelSusan Realty or just across the street under the shade trees bordering Community Park. Wear your red, white, and blue, and bring your lawn chair or blanket to join in the festivities!

  • 2016 July 4 Road Rally37th Optimists Club July 4th Road Rally – Register your team to rally against others as you follow a predetermined course around both islands while solving puzzles and guessing clues. A team includes a vehicle, driver, navigator, and spotter(s). The event begins at noon in The Timbers/Sanibel Grill parking lot with staggered start times (a vehicle begins every 2 minutes). It also ends there with an afterglow party where prizes are awarded for time, mileage, the most correct answers to the quiz, best decorated vehicle, and the team that traveled the farthest to get there. More info and entry forms on the club’s website and on their Facebook page at Sanibel-Captiva Optimist Club, or at Bailey’s General Store, Sanibel Café, Sanibel-Captiva Community Bank, in the local papers, or at the starting line just before the event. Don’t think you have to know the island to win, following the directions and being observant are key!
  • fireworks clip artFireworks – At dusk, the causeway islands are where many residents and visitors gather to watch the fireworks which are launched right at dark from the bayside end of Bailey Road. Better get there early to get a spot. Or, see them from the water. Adventures in Paradise has a Sanibel Fireworks Cruise. You can book on-line at www.AdventuresinParadiseInc.com.

Sanibel Historical Museum Free Admission Day

Museum LogoFor the 3rd year, The Sanibel Historical Museum and Village is offering free admission for all visitors on Saturday, June 18. This time of the year, the Museum is open Tuesdays through Saturdays from 10 a.m. to 1 p.m. with a full guided tour at 10:30 a.m.

The museum closes for the summer on August 1, reopening October 18. More info at http://www.sanibelmuseum.org.

Sanibel & Captiva Islands Multiple Listing Service Activity June 3-10, 2016

Sanibel

CONDOS

1 new listing: Tarpon Beach #110 2/2 $799K.

2 price changes: Sanibel Inn #3512 2/2 now $689K, Sundial East #M301 2/2 now $749K.

No new sales.

1 closed sale: Clam Shell #E 3/2.5 $995K.

HOMES

1 new listing: 1114 Captains Walk St 3/3 $1.095M.

7 price changes: 1746 Windward Way 3/2 now $569K, 3118 Twin Lakes Ln 3/2 now $599.9K, 5749 Pine Tree Dr 3/3 now $675K, 726 Cardium St 3/3 now $775K, 1501 Sand Castle Rd 5/3.5 now $999K, 792 Birdie View Pt 3/3.5 now $999K, 1238 Isabel Dr 5/3/2 now $3.499M.

2 new sales: 2115 Sunset Cir 3/2 listed at $459K, 1487 Sand Castle Rd 3/2.5 listed at $799K.

6 closed sales: 441 Lake Murex Cir 3/2 $550K, 938 Strangler Fig Ln 2/2 $571.5K, 1858 Farm Trail 3/2 $610K, 1130 Junonia St 3/2 $669K, 9027 Mockingbird Dr 4/3 $755K, 882 Beach Rd 4/3 $1.3M.

LOTS

No new listings.

1 price change: 5121 SanibelCaptiva Rd now $215,555.

1 new sale: 1837 Buckthorn Ln listed at $439.9K.

No closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

1 new listing: 31 Urchin Ct 3/3 $975K.

2 price changes: 35 Sea Hibiscus Ct 3/2 now $350K, 11500 Chapin Ln 4/4.5 now $1.795M.

No new or closed sales.

LOTS

Nothing to report.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents general real3 estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

 Until next Friday, bring on the sun! 

(Oops, it’s 3:10 p.m. & the sun just peeked out, let’s hope it stays!)

Susan Andrews, aka SanibelSusan

Trip advisor sanibel beach cottages afternoon-storms-rolling.jpg

Another Happy June on Sanibel/Captiva


sun & rainIt’s SanibelSusan reporting that in typical fashion, the islands’ 23rd Annual Sam Bailey Islander Night at Hammond Stadium Wednesday night again was rained out. After several weeks of beautiful weather, it should have been no surprise when the first big downpour of the rainy season began just as the parade was scheduled to start. It has happened many times before and June 1 is the beginning of hurricane season.

Continuing the summer trend, more showers are expected later today and through the weekend with all of us watching the tropical storm expected to develop in the gulf early next week. That certainly will not make next week’s vacationers happy, but may result in good shelling and more folks wanting to view property.

At SanibelSusan Realty

Activity-wise in the office, it has been quiet. Even the holiday weekend was very quiet, probably weather-related, as all days were fabulous for the beach. A few listings shown and some phone/email inquiries, but not many – certainly nothing like when it’s snowing somewhere!

Yesterday, The SanibelSusan Team was happy to receive a new listing at Beachcomber (gulf-front ~2600 sq. ft.) which will be posted in the islands’ Multiple Listing Service as soon as we receive a couple of clarifications from the sellers.

View 3.JPG

View from our new listing at Beachcomber #A102

 

May is always an in-between month here, post “high” season, but pre “summer” season. A quick snapshot of the islands’ May real estate sales show that it was not a month with much real estate action.

May Sanibel Sales

In May, were just five new Sanibel home sales with no contingencies (three inland priced under $530K, one on a deep-water canal (asking price $1.545M) and one bay-front in Ferry Landing (asking price $1.995M)).

Another 13 Sanibel homes went under contract with contingencies (four inland priced under $535K, five near the beach (priced from $569K to $600K), one in Beachview (asking $1.195M), one in Gulf Pines (asking $1.479M), one deep-water canal (asking $1.548M), and a unique one across the street from the beach (asking $1.595M)).

In May, Sanibel condos did not have as much action as homes. Just two Sanibel condos went under contract with no contingencies: a 1-bedroom at Sundial (asking $299K) and a recently-remodeled Lighthouse Point bay-front unit (asking $830K).

Another four condos went under contract with contingencies: a Seashells unit (asking $379K), a 1st floor Sanibel Moorings 2 bedrm with peek of gulf (asking $449K), a 3-bedrm Heron-model at The Sanctuary (asking $665K), and a beach-front 2-bedroom at Sanddollar (asking $870K).

During the same time, in May, just two Sanibel lots went under contract: one near beach (asking $244.9K) and one on the bayou (asking $1.295M). Both contracts have contingencies.

May Captiva Sales

In May on Captiva, four homes went under contract with contingencies (two at Sunset Captiva asking $885K and $995K, one gulf-front asking $3.998M, and one on Roosevelt Channel asking $4.8M).

Also in May, three Captiva condos in South Seas Plantation went under contract, all with contingencies. Asking prices ranging from a 1-bedroom Bayside Villas for $289K to a 2-bedroom Tennis Villas for $405K, to a Bayside Villas 3 bedroom for $629.9K

A Captiva gulf-front lot went under contract (with contingencies) in May too, asking price $4.999M.

Below are a few other news items followed by the action posted in the Sanibel and Captiva Multiple Listing Service since last Friday.

Sanibel & Captiva Islands Specialist Designation

ASSOC LogoWednesday, for the fifth year, SanibelSusan taught the Resort & Second-Home module to those Realtors® training to receive their Sanibel & Captiva Islands Specialist designation. This designation is a 12-part educational series, offered each summer by the local Association of Realtors. The coursework needs to be completed over a 2-year period and provides instruction to those looking to specialize in working the Sanibel/Captiva market.

2016 Resort ClassI authored the module that I teach, update it each year, and always enjoy the teaching experience – getting as much in return as I give. It was especially fun this year since my students ranged from some new Realtors® to those with many years of real estate experience, but in other parts of the country.

Here are my students adorned in the funny resort-wear they earned for answering questions correctly in my pop quiz.

1st National Seashell Day

As reported in Monday’s “Santiva-Chronicle”:

2016 National Seashell Day“As the Lee County Visitor and Convention Bureau said, it’s official. June 20 has been proclaimed National Seashell Day. The news is also out that the first National Seashell Day will be on Good Morning America.

“The VCB (Visitors Convention Bureau) already has a National Seashell Day page on its website. Visitors to the page can enter the “Shell Yeah! Sweepstakes,” for which the grand prize is three nights for four at Sanibel Inn, a Captiva Cruises shelling cruise to Cayo Costa and the chance to go shelling with Pam Rambo. The grand prize is enough to make any Sanibel sheller nod with approval.

“Rambo had the news about Good Morning America on her amazing blog iloveshelling.com. The blog says Ginger Zee, Good Morning America and ABC’s chief meteorologist, will be here on June 20. We don’t know the exact details yet other than it will be in the morning….

“The VCB’s idea for National Seashell Day will get the word out to people of all places about the wonders of shells on our beaches, which is good for anything having to do with shells. The VCB also hopes it will be a driver for tourism….”

Fishing Pier Rehab Project

sanibel fishing pier.jpgOn Tuesday next week (June 6), the Sanibel Fishing Pier at Lighthouse Beach Park will be closed temporarily due to a necessary rehabilitation project. Construction is expected to continue through August 2016.

Top 10 Outdoor Features, Where Most Are, & What They’ll Pay

realtor.comPosted in Tuesday’s “DAILY REAL ESTATE NEWS”, you will see Naples, FL on the list below. Buyers all over Southwest Florida like outdoor kitchens!

“As temperatures heat up, more home owners and buyers are taking a closer look at their home’s outdoor features. Realtor.com®’s research team took a look at 10 popular outdoor home features to find the premium that owners will pay. They also identified the regions of the country that are most likely to feature these popular outdoor amenities.

Amenity                        Premium           Where You’ll Most Likely Find Them

Tree houses                     5.2%                Asheville, N.C.

Gazebo                              7.6%                McAllen, Texas

Putting green                 11.4%               Phoenix

Hot tub                             11.8%               Bend, Ore.

Tiki bar                             13.8%               Key West, Fla.

Tennis court                   14.6%               Los Angeles

Outdoor fireplace           21.5%               Dallas, Texas

Outdoor kitchen             26.2%               Naples, Fla.

Private dock                     44.7%               Traverse City, Mich.

Infinity pool                      56%                 Kahului, Hawaii”

Red-Hot South Florida Home Prices Are Cooling Off

miami herald logoMuch like island Realtors® often look to activity in larger complexes and communities here as bellwethers of the local market, we also look to bigger East Coast communities to foretell what may be in the future. The below article is from the May 31 “Miami Herald”.

“So far in 2016, South Florida home prices are growing at the slowest pace since the real-estate market began to recover four years ago.

“Home prices in Miami-Dade, Broward and Palm Beach counties rose 6.2% between March 2015 and March 2016, according to the closely watched S&P/Case Shiller Home Price Indices. They grew 8.7% between March 2014 and March 2015, and at a double-digit clip for much of 2013 and 2014, fueled mainly by red-hot demand from foreign investors. But a strong dollar and troubled economies abroad have stymied the flow of cash into local real estate.

“Residential home sales fell in Miami-Dade in April, according to Realtors’ data. Weak demand could help make homes more affordable for locals — if wage growth keeps picking up and developers start building more units for the lower tiers of the market.

“The nation’s hottest housing markets are in Portland (12.3%), Seattle (10.8%), Denver (10%), San Francisco (8.5%) and Dallas (8.5%). Home prices in the Tampa area (7.6%) also grew faster than they did in Miami in March.”

Sanibel Prescribed Burns Begin Today

Sanibelcityseal logoAs described in an earlier update, Sanibel will have prescribed burns in six different areas this summer, so if you are on the island today do not be surprised if you smell smoke.

SCCF logoSCCF (Sanibel-Captiva Conservation Foundation and the City of Sanibel are scheduled to perform a prescribed burn of about 19 acres of the Sanibel Gardens Preserve today. (That’s just west of Tarpon Bay Rd. on Island Inn Rd.)

Sanibel & Captiva Islands Multiple Listing Service Activity May 27-June 3, 2016

Sanibel

CONDOS

2 new listings: Colonnades #8 1/1 $229K, Sandalfoot #5A1 2/2 $799K.

1 price change: Tanglewood #1A 3/2 now $1,163,999.

1 new sale: Blind Pass #A102 2/2 listed at $399K.

3 closed sales: Sanibel Arms #E2 1/1 $347.5K, Loggerhead Cay #474 2/2 $489.9K, Donax Village #14 2/2 $505K.

HOMES

1 new listing: 732 Windlass Way 4/3.5 $1.395M.

5 price changes: 1478 Albatross Rd 3/2 now $679K, 242 Christofer Ct 3/2 now $729K, 232 Robinwood Cir 4/3 now $1.195M, 932 Whelk Dr 3/3 now $1.449M, 1743 Venus Dr 4/3.5 now $1.75M.

3 new sales: 376 Lake Murex Blvd 3/2 listed at $598K, 1245 Isabel Rd 3/3.5 listed at $1.548M, 4257 West Gulf Dr 4/4.5 listed at $4.495M

9 closed sales: 575 Piedmont Rd 3/2 $410K, 2114 Egret Cir 3/2 $475K, 1322 Sand Castle Rd 3/2 $500K, 1380 Jamaica Dr 2/2 $570K, 5303 Ladyfinger Lake Rd 3/2 $622K, 5267 Ladyfinger Lake Rd 3/2 $750K, 595 Birdsong Pl 4/2 $835K, 2388 Wulfert Rd 3/4 $1M, 283 Ferry Landing Dr 3/2 $1.675M.

LOTS

3 new listings: 9426 Sage Ct $287K, 223 Robinwood Cir $299K, 2288 Starfish Ln $499K.

No price changes.

1 new sale: 3013 Poinciana Cir listed at $244.9K.

No closed sales.

Captiva

CONDOS

No new listings or price changes.

2 new sales: Tennis Villas #3231 2/2 listed at $405K, Bayside Villas #5302 3/3 listed at $629.9K.

No closed sales.

HOMES

No new listings, price changes, or new sales.

3 closed sales: 19 Urchin Ct 2/2.5 $855K, 15 Seascape Ct 3/2.5 $985K, 16500 Captiva Dr 5/5 $4.225M.

LOTS

Nothing to report.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

rain‘til next Friday, here’s hoping the raindrops stay away & the sunsets continue like the one below!

Susan Andrews, aka SanibelSusan

sanibel sunset pinterest.jpg

Hibiscus, Frangipani, Bougainvillea, oh my…


It’s SanibelSusan reporting that even with the upcoming 3-day holiday weekend, it has been another quiet week on the islands.

This year, many prospective visitors and buyers have inquired about water quality. This week, surrounding waters – both bay and gulf – are back to a clear glistening bright blue. Social media is full of terrific photos. Here’s a favorite.

beach 05-24-16

Below are a few news items, followed by the action posted in the Sanibel & Captiva Multiple Listing Service over the last seven days.

Island Abloom

In addition to the sparkling waters creating some wonderful photo opportunities, many trees here are in bright bloom. May is always a special month for that.

In my travels this week to Sanibel Moorings, the crab apple, orchid, and Royal Poinciana trees were just past their prime, while in The Dunes I spied flowering hibiscus and frangipani.

Hibiscus Tree 05-16.jpg

Hibiscus tree on Sand Castle Road in The Dunes.

 

Apple 05-16.jpg

Sanibel Moorings where their grounds officially became a botanical garden in 2009. Public tours are available Tuesdays at 9 a.m., but advance appointments needed.

 

Frangipani Dunes 05-2016.jpg

Frangipani blooming in The Dunes.

 

My yard too is busting out in bloom.

My house 05-16.jpg

My favorite tree is the flowering bougainvillea, but the smaller bougainvillea, drift roses, & geraniums are happy in May too!

Quiet May

I try to get out of the office every day for a short lunch with business colleagues. Being in a small office and involved in the Realtor® leadership team, it’s a good way to stay in the loop and up-to-date on island scoop. When workload permits, it has been my routine for years. Through that time I’ve found that noon-time occupancy at island restaurants is a good gauge of how busy the islands are. When popular spots have few patrons, and the out-of-the-way spots are empty, you know things are slow. Those were the findings this week.

So, if you are planning a future trip to the islands, be sure and add May as an optimum time. Not only is it beautiful and the weather great, but it is quiet too! Also a good time to look at real estate since fewer properties are occupied.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoThe islands Association of Realtors® met yesterday for a Caravan Meeting. Attendance was light at this meeting too.

Since through the summer, the Association meets only every two weeks, there were several announcements including our new listing at Loggerhead Cay #264 (which this year should gross a whopping $60K).

View.jpg

View from Loggerhead Cay #264, top floor, asking $598,300

I announced two listing price reductions too (Coquina Beach #3G to $499K and Sanibel Moorings #822 to $449K).

Beach b

The gulf in front of Coquina Beach.

 

Pool b.jpg

Sanibel Moorings is like a mini-resort, this is just one of the pools.

 

Other Realtor® announcements included several other new listings. It’s an unusual time of the year for those.

Today, Sanibel condo inventory is back up over 100 units again, 78 have sold/closed year-to-date. There are 159 Sanibel homes for sale, with 89 sold/closed this year. Average condo asking price is $792K. Average home price $1.365M.

In Captiva, 33 condos are for sale, 9 have sold/closed this year. There also are 33 Captiva homes for sale, with 14 sold/closed so far in 2016. Average condo asking price is $871K. Average home price $3.421M.

Sanibel & Captiva Islands Multiple Listing Service Activity May 20-27, 2016

Sanibel

CONDOS

5 new listings: Mariner Pointe #813 2/2 $449K, Compass Point #222 2/2 $689K, Sundial West #A203 1/1 $724.5K, Loggerhead Cay #103 2/2 $1.079M, High Tide #A302 3/2 $1.795M.

5 price changes: Blind Pass #A102 2/2 now $399K, Coquina Beach #3G 2/2 now $499K (our listing), Surfside 12 #B1 3/2 now $899K, Surfside 12 #B3 3/2 now $1.124M, Pine Cove #102 3/2 now $1.479M.

2 new sales: Seashells #14 2/2 listed at $379K, Sanibel Moorings #421 2/2 listed at $449K.

5 closed sales: Coquina Beach #5D 2/2 $353K, Sanibel Siesta #402 2/2 $515K, Lighthouse Point #325 2/2 $815K, Yacht Haven #2 3/2 $925K, Seascape #301 3/3 $1.15M.

HOMES

6 new listings: 610 Donax St 5/3 multi-family (lease-hold) $450K, 5240 Caloosa End Ln 3/3 $1.0799M, 615 Hideaway Ct 3/2.5 $1.195M, 2251 Starfish Ln 4/3.5 $1.295M, 519 Kinzie Island Ct 3/2.5 $1.45M, 1842 Woodring Rd 3/3.5 $2.449M.

5 price changes: 340 East Gulf Dr 2/2 now $599K, 4648 Buck Key Rd 3/2 now $619K, 588 Hideaway Ct 3/2 now $744.5K, 1112 Olga Ave 6/2.5 duplex now $874.5K, 584 Kinzie Island Ct 3/4 now $1.795M.

3 new sales: 441 Lake Murex Cir 3/3 listed at $569K, 938 Strangler Fig Ln 2/2 listed at $599K, 4014 West Gulf Dr 3/2/2 listed at $1.595M.

5 closed sales: 1216 Par View Dr 3/2 $715K, 1438 Albatross Rd 4/3 $770K, 841 Lindgren Blvd 2/2 $850K, 767 Sand Dollar Dr 3/2 $1.3M, 830 Limpet Dr 4/4.5 $1.46M.

LOTS

1 new listing: 2479 Harbour Ln $535K.

1 price change: 6519 Pine Ave now $895K.

No new or closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

Nothing to report.

LOTS

No new listings or price changes.

1 new sale: 16298 Captiva Dr listed at $4.999M.

No closed sales.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Memorial Day Eagle FlagHappy Memorial Day Weekend!

Susan Andrews, aka SanibelSusan

It’s a Happy May on Sanibel & Captiva


SanibelSusan here reporting another quiet week on the islands. There were no traffic directors at the Periwinkle intersections today and even the resorts have vacancies – a typical pre-summer pattern – but also a wonderful time to be here. Most locals swear that May and October are the best months on the islands – great weather and easy maneuvering when enjoying “all” of the things to do here – and the Royal Poinciana are in bloom in all their splendor!

 

LakeMurexRoyal1

In the island real estate world, there was no Realtor® Caravan Meeting yesterday. Considering that it is “after season” though, a surprising number of new Sanibel listings came on the market this week (12 over the last seven days). There also were nine price reductions, and ten closings. Not so much real estate action on Captiva, however, where there were no new listings, but four price reductions, and three new sales.

Sanibel realtors logoIt’s a terrific time to be come to look at property as most listings are easy to view and probably will be until schools are out and summer vacationers start arriving.

The details of the activity posted since last Friday in the Sanibel and Captiva Multiple Listing Service follow a few news items below.

23rd Annual Sam Bailey’s Island Night

islands-night-logoOn Wednesday, June 1, Island Night will return to Hammond Stadium at CenturyLink Sports Complex when the Fort Myers Miracle play the St. Lucie Mets. This is the 23rd year of this annual community tradition that encourages islanders to come together for a fun evening of baseball and camaraderie. Pre-game festivities with parade begin at 5:30 p.m. with the game at 7:05 p.m. Tickets are free and available at Bailey’s General Store (both in Bailey’s Center and at Sundial Beach Resort & Spa) and at event sponsors which include island service organizations. Again this year, the Sanibel-Captiva Kiwanis Club and the Sanibel-Captiva Rotary Club will be in a friendly competition to support local charities.

2016 Sanibel Prescribed Burns

Sanibelcityseal logoYesterday, Sanibel’s Natural Resources Department issued the following news release about the upcoming prescribed burns:

“During the 2016 spring/summer season, the Sanibel Prescribed Fire Partnership will be looking to conduct prescribed burns on the following conservation lands:

  • Bailey Tract (USFWS J.N. “Ding” Darling National Wildlife Refuge)
  • Frannies/Johnston Tract (SCCF)
  • Sanibel Gardens Preserve (City of Sanibel/SCCF)
  • South Center Tract & Postell Tract (SCCF & City of Sanibel)
  • Gulfside City Park Extension (City of Sanibel)

To view a map of the conservation lands, please click here.

“We would like to invite the public to an informational meeting on Thursday, May 26, 2016 at 1:00 p.m. in the “Ding” Darling Visitor and Education Center to discuss the burn plans and address any questions or concerns.

“When forecasted conditions are favorable, the Sanibel Prescribed Fire Partnership will issue further notification that a prescribed burn is possible and identify the specific location of the burn.  All prescribed fires must be authorized by the Florida Forest Service on the morning of the scheduled burn.  A change in the forecast conditions may result in cancellation of the planned burn.  A prescribed fire will NOT be conducted if the prescription conditions cannot be met prior to ignition or if conditions change after the prescribed fire has been ignited.

“A burn plan, or “prescription,” has been established for the priority areas within these conservation lands.  The prescription details the required conditions that must exist in order for a prescribed burn to take place.  These include environmental conditions such as soil moisture, fuel conditions, and recent rainfall as well as forecasted and actual weather conditions including temperature, relative humidity, wind speed and wind direction.  Following a predefined prescription allows fire management officers to establish the desired fire behavior (intensity, flame length, direction of fire spread and smoke).  The prescription also identifies the number of qualified fire personnel needed to conduct the burn as well as the types and number of equipment required to safely complete the burn.

Why are prescribed fires needed?

“Fire is a natural part of Florida’s ecosystem, historically set by lightning. Because of this history of periodic fires many of Florida’s natural communities are adapted to burning. Fire removes old vegetation, promotes new growth of native vegetation and suppresses the growth of non-native invasive plants. In the absence of fire many plant communities are displaced by dense, woody vegetation which can reduce plant diversity and eliminate foraging opportunities for the island’s wildlife. Species such as the gopher tortoise, eastern indigo snakes, and the Sanibel rice rat all depend on a fire maintained ecosystem.  In addition to the natural benefits of fire, carefully planning and conducting managed burns can prevent the likelihood of catastrophic wildfires and help preserve the natural ecology of the area.   This technique, called “prescribed fire,” reduces the amount of vegetation – or “fuel”-that would be available in the event of a wildfire.

Why can’t prescribed burns be conducted some other time?

“The window of opportunity for conducting prescribed burns in southwest Florida is very narrow and may vary from year to year.  By mid to late spring, soils and fuels are often too dry and prescribed fires may be prohibited by State authorities.  By mid- to late summer, soils on Sanibel are often too wet, humidity is high, and afternoon thunderstorms render wind conditions unsuitable.  Plus, on any given day all the conditions detailed in the prescription must be met and personnel and resources must be available to conduct the burn.  To maximize our opportunities for conducting prescribed fires, the Sanibel Prescribed Fire Partnership has identified a number of priority burn sites for 2016.  Because the prescription requirements for each site are different, this provides us with the flexibility to determine if the forecast conditions will meet the prescription requirements for any of the priority burns sites and then to schedule the prescribed fire accordingly.

What can I expect on the day of a prescribed burn?

“Depending on the wind direction and strength, it may be possible to see or smell smoke.   The fire prescription identifies the specific wind conditions necessary to achieve the burn objectives while minimizing smoke impacts to roads and communities.  However, smoke and ash associated with a prescribed burn cannot be prevented.  Smoke sensitive individuals should keep their windows closed and avoid outdoor activities in the affected areas.  If you would like to be registered on the City’s list of smoke sensitive individuals, please contact Joel Caouette in the City’s Natural Resources Department at (239) 472-3700.  Once registered, the City will notify you in advance of any prescribed burn on Sanibel.

“During the prescribed burn operations, residents and visitors are encouraged to:

  • close windows
  • cover pools
  • move cars and furniture indoors
  • stay indoors to minimize the impacts from smoke
  • visit other areas of the Island away from the burn site
  • abide by all signs, road closures, and instructions about closed areas provided by law enforcement and fire personnel

“After the prescribed burn has been completed, there may be occasional smoke or burning embers seen from the burned area for several days.   Fire personnel will monitor the burned area and adjacent roads, day and night, taking all precautions and maintaining readiness to minimize fire activity and smoke impacts to the public.  Do not be alarmed if you see smoke or burning embers within a burned area.

Is Sanibel at risk for wildfires?

“Of course!  However, prescribed fires, planned and carefully conducted by well-trained and experienced fire personnel are a cost-effective way to reduce fuel loads on Sanibel and reduce the risk of a catastrophic wildfire.  To address safety and wildland fire issues on Sanibel, the City of Sanibel, the Sanibel Fire and Rescue District, the Sanibel-Captiva Conservation Foundation, and the U.S. Fish & Wildlife Service’s J.N. “Ding” Darling National Wildlife Refuge formed the “Sanibel Firewise Task Force.”  To reduce the risk of wildfire around your home, the Sanibel Firewise Task Force recommends that you:

  • Trim dead palm fronds from trees
  • Trim tall grasses near the home
  • Prune large, leafy hardwood trees so the lowest branches are six to ten feet above the ground
  • Do not store combustible materials such as gasoline containers, firewood, and building supplies under or around the home, and
  • Keep mulch and other landscaping material well watered

“For additional information regarding fire and prescribed burning on Sanibel, please contact the City of Sanibel Natural Resources Department at (239) 472-3700.

Watch Out for Inflation

realtor logoAs follow-up to the 2016 National Association of Realtors® (NAR) Legislative Meetings and Trade Expo in Washington, DC last week, here are some predictions from NAR Chief Economist Lawrence Yun as reported in Friday’s “Daily Real Estate News”:

“Home sales will grow modestly this year, but a continuing inventory shortage will keep upward pressure on prices and make it hard for many people to buy, even though interest rates remain low…

“Yun predicted existing home sales will rise to 5.5 million at the end of the year, up slightly from 5.4 million last year. New-home sales will rise to 540,000 units from half a million, but because that segment of the market is currently so far below historical levels, the gains won’t come close to closing the inventory gap, Yun said.

What’s more, most new homes are at higher price points, exacerbating affordability struggles for first-time and moderate-income home buyers. Yun said larger homes are the most profitable for builders, who have to worry about meeting local ordinances and other costs. He added that most new homes come on the market at more than $300,000.

“The West saw home prices rise 35% over the last three years, making that the least affordable part of the country and dampening sales there, he said. While sales increased almost 20% last year in the Northeast, they dropped almost 10% in the West.

“Inventory shortages continue to be a main driver of price increases, which were almost 7% nationally last year. The increase far outpaced wage gains, which were up only about 2%. Yun is forecasting prices to rise another 4.5% this year.

“Continuing low interest rates are a bright spot, but Yun warned that when inflation picks up, mortgage rates will follow suit. Yun said today’s low consumer price index (CPI), at about 1.7%, doesn’t reflect the rise in prices people are seeing on everyday items because low gas prices are keeping the broader index down.

“But CPI won’t stay low forever. Yun said the monthly rental rate tenants pay is going up (almost 4% this year, a seven-year high) and that will send the broader index up. When that happens, the Federal Reserve will raise the short-term interest rate it charges banks, which in turn will impact mortgage rates.

“Right now he’s forecasting mortgage rates to be at 3.9% at the end of this year, about where they were last year, and to rise to 4.6% in 2017. Yun identified 6% as a mortgage-rate threshold, noting anything much higher than that will curb home sales. “If rates get to 7 or 8%,” he said, “watch out.”

“Bottom line: Look for modest market growth this year and next, but as long as inventory shortages persist, homes will become increasingly unaffordable. Once mortgage rates start going up, which they could do as rental rates continue rising, sales will be hurt.”

What Makes a Smart Home Smart?

smart-home-essentials-for-living-85947231Interesting info posted last week on FloridaRealtors® and sourced to “Smart Home Glossary,” and “Smart Home and Internet of Things FAQ,” CRT Labs (May 2016)

“More consumers than ever see the benefits of buying a home with smart technology. A 2016 Coldwell Banker survey found that owners believe smart home technology makes their home safer, saves them money and saves them time.

“The same survey also found that 54% of homeowners would buy or install smart home products if they were selling their home because they believe it would make the home sell faster.

“In order to help agents and consumers understand the common smart home benefits and buzzwords, CRT Labs put together a guide. Here are some highlights:

Smart home terms and facts

What are the benefits of smart home technology?

“Smart home technology automates household tasks like adjusting a home’s temperature, unlocking the front door or opening the garage door using voice-activation devices. Smart devices can work together to offer owners safety by alerting them if something in their home seems amiss, and it can save owners money by automatically controlling the temperature and energy of a home. Insurance companies and utility companies may offer reduced rates and rebates for homes with smart devices.

Who owns the data, how is it used and are there security risks?

“A home’s smart home data can be used in a variety of ways, according to CRT Labs. Data is “generally used by smart device companies to improve product development and provide additional services to their customers,” but: “You should also read the vendor’s privacy policy to see what they are legally allowed to do with the data. They may allow themselves to sell your data to third parties, so read carefully.”

What’s the impact on selling prices?

“On a large scale, the financial impact is yet to be seen since the technology is so new, but survey results showed that 72% of millennial owners would spend $1,500 or more to add smart home technology. Fifty-nine percent of parents with children would also pay more for a smart home, according to Coldwell Banker’s survey.

3 smart home phrases to know:

IoT (Internet of Things): This buzzword describes automated devices like lights, thermostats and locks that work together and are connected by the Internet. IoT products use data to simplify things that previously weren’t automated.

Hub: In the world of smart homes, a hub is almost like a universal remote, according to CRT Labs. A hub is the main device that connects all of the different smart home products together so they’re all automated.

SmartMeter: These electric and gas meters help owners monitor their utility usage by sending real time meter readings.”

Leaving Your Property for the Summer

Lcec logoSome excellent tips were posted this month in “LCEC News” (Lee County Electric Cooperative):

“If you are leaving your home for the summer, there are some very important tasks you should consider to keep your home in tip-top shape while you’re gone:

  • Enroll in LCEC kiloWATCH so you can be alerted of any unusual electricity usage. Sign up at www.lcec.net.
  • Avoid mildew damage by installing a timer on the air conditioner to cycle the air for two hours per day. Or install a humidistat and set it to cycle when indoor humidity reaches 65%.
  • Unplug the water heater.
  • Leave all interior doors open to promote airflow. Space out clothing, shoes, and other stored materials for the same reason.
  • Fill jugs of tap water to put inside the refrigerator/freezer – a full unit will use less power than an empty one.
  • Finally, have a neighbor, friend, or professional house sitter check your home periodically during your absence.”

Sanibel & Captiva Islands Multiple Listing Service Activity May 13-20, 2016

sancap GO MLS logoSanibel

CONDOS

3 new listings: Tennisplace #D22 1/1 $249.9K, Loggerhead Cay #152 2/2 $999K, Pine Cove #104 3/2 $1.495M.

3 price changes: Sanibel Moorings #822 2/2 now $449K (our listing), Mariner Pointe #733 2/2 now $519K, Loggerhead Cay #211 2/2 now $615K.

(Photos below are some of the community amenities at Sanibel Moorings. Click the tab above for more info on this listing.)

This slideshow requires JavaScript.

1 new sale: Sanddollar #C101 2/2 listed at $870K.

2 closed sales: White Caps South #7 1/1 $520K, Sanibel Arms West #L4 2/2 $520K.

HOMES

8 new listings: 984 Greenwood Ct 3/2 half-duplex $462K, 376 Lake Murex Blvd 3/2 $598K, 1426 Sand Castle Rd 3/2 $675K, 1333 Par View Dr 3/2 $879K, 931 S Yachtsman Dr 4/2.5 $880K, 641 Lake Murex Cir 4/3 $975K, 598 Kinzie Island Ct 3/3.5 $1.895M, 1137 Golden Olive Ct 5/3.5 $2.695M.

5 price changes: 1746 Windward Way 3/2 now $580K, 3364 Twin Lakes Ln 3/2 now $750K, 4775 Rue Helene 4/3 now $845K, 5075 Joewood Dr 4/4.5 now $3.7497M, 4449 Waters Edge Ln 3/3 now $4.65M.

8 new sales: 2407 Shop Rd 3/1 listed at $349K; 5131 Sanibel-Captiva Rd 2/2 listed at $465K; 535 Birdsong Pl 3/2 listed at $499,999; 9475 Beverly Ln 3/2 listed at $529.5K; 1702 Sand Pebble Way 3/2.5 listed at $535K;  676 Emeril Ct 3/2 listed at $749K; 1317 Eagle Run Dr 4/3.5 listed at $1.195M; 4353 Gulf Pines Dr 3/2.5 listed at $1.479M.

6 closed sales: 748 Martha’s Ln 3/2 $500K, 1460 Court Pl 6/5.5 multi-family $610K, 1970 Wild Lime Dr 4/3 $690K, 775 Birdie View Pt 3/2.5 $900K, 5773 Sanibel-Captiva Rd 2/2 $950K, 819 Lindgren Blvd 4/3.5 $1.24M.

LOTS

1 new listing: 2441/2453 Los Colony Rd $179K.

1 price change: 497 Sea Oats Dr now $499K.

No new sales.

2 closed sales: 5749 Sanibel-Captiva Rd $600K, 3723 West Gulf Dr $2.6M.

Captiva

CONDOS

No new listings.

2 price changes: Tennis Villas #3227 1/1 now $279.9K, Bayside Villas #4202 1/2 now $305K.

No new sales.

2 closed sales: Beach Villas #2632 2/2 $675K, Beach Homes #20 3/3 $2.4M.

HOMES

No new listings.

1 price change: 11523 Wightman Ln 4/4 now $1.949M.

3 new sales: 57 Sandpiper Ct 2/2 listed at $885K, 17130 Captiva Dr 4/4 listed at $3.998M, 16665 Captiva Dr 2/2 listed at $4.8M.

1 closed sale: 16665 Captiva Dr 2/2 $4.55M.

LOTS

No new listings.

1 price change: 16298 Captiva Dr now $4.999M.

No new or closed sales.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Until Memorial Day weekend, Happy Friday!

Susan Andrews, aka SanibelSusan

tgif 2

Baywaters Back to a Glistening Blue


It has been another nice weather, low traffic week on Sanibel. The Sanibel/Captiva Realtors® Caravan Meeting held yesterday had light attendance with several colleagues from the local leadership team and office staff being in DC as described in the write-up below.

After a few other news items is a summary of the action posted in the Sanibel & Captiva Islands Multiple Listing Service over the last seven days. Note our new listing at Loggerhead Cay. Known as Sanibel’s Rainbow, it earns phenomenal income!

Realtors® Gathered in Washington This Week

NAR_midyear_logo_hp2014_conventionThousands of Realtors® from across the nation met with legislators, regulators and industry leaders this week during their annual Legislative Meetings and Trade Expo. More than 8,500 Realtors and guests have been in Washington, D.C. attending these meetings which began Monday and run through tomorrow. As posted earlier on “FloridaRealtors®”:

“There is a wide range of residential and commercial real estate issues that are of high importance to Realtors and are coming to a head right now, so we’ll be using the strength of our combined voices to remind members of Congress to maintain sound real estate markets,” says National Association of Realtors (NAR) President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Fla., who served as Florida Realtors president in 2003. “Furthermore, we’ll be setting the stage for next year, after the elections, when House and Senate leaders on both sides of the aisle are expected to move tax reform proposals,” Salomone adds.

“Conference attendees will hear from industry and political leaders, including Housing and Urban Development (HUD) Secretary Julián Castro, who will discuss student loan debt. U.S. Sen. Elizabeth Warren (D-Mass.), will share perspectives on housing finance and student debt; political pollsters Peter Hart and Bill McInturff will offer insights into the mood of the country and its impact on the 2016 presidential and congressional campaigns; investigative journalist and author Bob Woodward will share his thoughts on the presidential elections; and Wells Fargo economist Mark Vitner will discuss financial and commercial real estate markets. NAR Chief Economist Lawrence Yun will also share residential and commercial real estate market updates and forecasts.

“Throughout the week, Realtors will also visit Capitol Hill and meet directly with members of Congress and their staff to discuss the legislative and regulatory environment’s effect on residential and commercial real estate. Among the high-profile policy issues that Realtors will raise:

  • Extending the Mortgage Forgiveness Debt Relief Act
  • Maintaining important real estate tax policies
  • Federal Housing Administration reforms
  • Ensuring Fannie Mae and Freddie Mac mortgage guarantee fees aren’t extended, increased or diverted for unrelated government spending

“Attendees will also be conducting in-person meetings with officials and staff at the White House and more than a half dozen regulatory agencies, including the Environmental Protection Agency, Federal Housing Finance Agency, Department of Agriculture’s Rural Housing Service, Department of Transportation’s Federal Aviation Administration, and the Department of Veterans Affairs.”

Sanibel Plays Flood Insurance Points Game

santiva chronicleIt can be challenging describing to prospective island property owners how Sanibel fits into the federal flood insurance equation. These buyers often think that because Sanibel is a barrier island that flood insurance is not an option and if available it would be cost prohibitive. Homeowners and lenders, however, often want the protection of this insurance.

The below article was posted on line yesterday by “Santiva-Chronicle”. Written by their Editor David Staver, it is a good explanation of the changes that went before Sanibel Planning Commission this week.

“Flood insurance. It’s a points game. That means keeping score and it should be simple. It’s anything but simple.

NationalFloodInsuranceProgr“The Sanibel Planning Commission gave its approval Tuesday, May 10, to the removal from the city code of a pair of flood insurance-related restrictions that are no longer required by the Federal Emergency Management Agency. They are the five-year cost accumulation period and the 50% rule for substantial improvements.

There’s no use going into what those two restrictions are since they will come off the books in July when the City Council can give final approval to their removal. No one will have to worry about them after July and anyone who has been hampered by them knows how they work. But the complexity of them is a microcosm of flood insurance – the points game.

“The points game begins with a community’s rating which is somewhere between 1 and 10. Hitting it with a broad brush, a community with a 1 will never flood and a community with a 10 not only will flood, but doesn’t care either.

“Sanibel obviously cares and its rating is 5. That gives property owners here a 25% discount on flood insurance premiums. Recently the consulting firm TetraTech did a detailed analysis of the city’s flood insurance status. What the city learned is that 5 is about as good as its going to get here. TetraTech identified what Sanibel would have to do to achieve a 4, and, for that matter, a 3 and a 2 too. Most of that was out of the question. Hitting it with a broad brush again, any development in the city would basically have to go three feet more in the air than it is now. That’s something the City Council doesn’t think Sanibel can stomach without undue hardship.

“It’s all about points. Raising everything in the air would get a bunch of points in the Community Rating System. Towns and cities that aren’t flood prone get a bunch of points for just being where they are. Sanibel is an island. It will never score well in this critical category. So it has to go looking for points elsewhere to make sure it keeps its Class 5 rating in the CRS, which is constantly adjusting what and how many points it awards for this and that.

There are some low-hanging points. The CRS changed the way it provides points for telling prospective buyers more about the floodplain risk. TetraTech said the city could snag 20 points by preparing a flood depth map and then making it available and publicizing it. Sanibel has already contracted with Johnson Engineering to make the map and no city does publicity better than Sanibel, so that’s 20 points to be had.

“More points are also to be had with better public outreach, says TetraTech. Again, Sanibel is on the case. The city has coordinated with Lee County and surrounding communities to form a Multijurisdictional Program for Public Information. The MJPPI requires an annual commitment for public outreach and obligates the city to print brochures and do mailings throughout the year. That’s money and more work, but it’s points that can be had.

The TetraTech report found that the cost accumulation and 50% rules were no longer applicable and by July they will be gone. That won’t hurt the city’s rating. In the meantime Sanibel is trying to build up its point total from its sea level location. It’s all about location and when it comes to flood insurance, it’s about points too.”

Progress on Projects on Sanibel Island

SCA-View-2.jpg

Rendering of the new Sanibel Community House renovation

Community House Renovation – With its $3 million capital campaign nearly complete, the Sanibel Community Association board and staff members gathered Monday at The Community House to officially break ground on a six-month reconstruction, restoration, renovation and expansion project. Improvements to the nearly 90-year old structure will include: restoration of historic North Room; new exterior olde-Florida design including new roof, porch-style entry/drop-off area; redesign inside creating a more open flexible floor plan; kitchen redesign/update and expanded restrooms; new conference room; redesign of offices/storage spaces updating audio, video, – in 1927, more than 50 island organizations and over 50,000 attendees use The Community House each year. Congrats to my friend, fellow-BIG ARTS Chorus alto, and architect Amy Nowacki who completed the renovation design.

1927 Community House North Room

The Community House in 1927

 

AT&T Donax cell towerAT&T Cell Service – Gotta love it when you get info about island happenings from FaceBook. Tuesday, City Manager Judie Zimomra posted this photo of the work underway on the cell phone tower (aka tall flag pole) on Donax Street. AT&T is adding their equipment there. Those of us living on Sanibel’s east-end are all anxious for the work to be complete. For years, my home has required its own min-cell tower to get coverage. Hopefully when this is done, east-end cell service will improve.

LCVCB logoLee County Visitor & Convention Bureau – Yesterday, City Manager Zimomra also posted a photo taken at the local tourism board where she said they “voted to approve $2.43 million in grants from bed taxes to the City of Sanibel to protect and maintain our beaches in their natural state…thanks to our Mayor Kevin Ruane for his support through the process and the excellent work by all the staff on the teams that prepared our grant applications…our Friends at Ding Darling were awarded an addition $35,000 for educational purposes.”

Summer Vegetation Trimming Begins – On Monday, May 16, from 7:30 a.m. to 5 p.m., vegetation along the west side of Tarpon Bay Road will be trimmed from Island Inn Road to West Gulf Drive.

Water Quality Continues to Improve

bay May 2016

1st week of May 2016 – San Carlos Bay toward the causeway

 

Good news reported this week by the “Islander” when it was posted that “The clarity of the waters surrounding Sanibel Island continue to see improvements as less flow is released from Lake Okeechobee.

“James Evans, Director of Natural Resources said as of Monday, May 2, the elevation of Lake O was 14.15 feet dropping approximately 0.93 feet during the past month. He said as long as the dry conditions persist the lake should be 13.5 feet by June 1, which should put them in good position going into the rainy season.

“”There’s different weather patterns that are starting to form. The water managers are really focusing on a potential strengthening La Nina pattern and that could mean a drier wet season,” Evans said. “Obviously as we move into the raining season with a dryer pattern, there could be some concerns about water supply. It’s the balance between getting water out of the lake, but not too much water to make sure we have water for dry season flows next fall and winter and having water supply for the Everglades agricultural area and other parts of the system.”

“Because of the drier conditions in April, the Corps have steadily been cutting back on the release of Lake O. On April 22, they reduced the pulse released from 3,000 to 2,500 CFS. On April 29, further reductions were made from 2,500 to 2,000 CFS.

“If you have noticed driving across the causeway the water is getting quite clear out there and along our gulf beaches are really starting to clear up,” Evans said, which is great.

“He said although the target flows are around 2,000 CFS, they are seeing slightly higher average flows. Evans said the flows are closer to 2,700 CFS, so it is surprising that the water is as clear as it is out in the bay right now.

“He said about 90% of the water they are receiving right now is coming from the lake because there is no rainfall in the watershed. With the improved water clarity, he said they are seeing better salinity, which in turn is helping the oyster beds and sea grass.

“Mayor Kevin Ruane said they have divided responsibilities among the council to talk about water quality. He said the “white paper” walks about what they would like and what is necessary, all science based and adopted by Florida entities.

“Vice Mayor Mick Denham said one of the misunderstandings is that even if they could completely stop the flows from Lake O coming down the Caloosahatchee they would still get some issues with water in the estuaries that they do not want. He said they get a good amount of water from the Caloosahatchee Basin when there is a rain event.

“”If we could stop flows from Lake O we would still get flows from the Caloosahatchee Basin. A flow way south is part of the solution. I think call the flow way south is an incorrect statement. It really should be described as a storage treatment and conveyance system,” he said. “That would be part of the solution, but not the complete solution,”

“Ruane said their job is to be advocates and educate people.

“A revised draft of the “white paper” will be on the agent for consideration in June.”

Sanibel & Captiva Islands Multiple Listing Service Activity May 6-13, 2016

Sanibel

CONDOS

ExpandedAerialFromGangl3 new listings: Loggerhead Cay #264 2/2 $598.3K (our listing), Mariner Pointe #943 2/2.5 $649K, Loggerhead Cay #174 2/2 $869K.

3 price changes: Seashells #14 2/2 now $379K, Loggerhead Cay #331 2/2 now $499K, Tanglewood #1A 3/2 now $1.179M.

3 new sales: Sundial West #H110 1/1 listed at $299K, Coquina Beach #5F 2/2 listed at $495K, Heron at The Sanctuary II #2B 3/3.5 listed at $665K.

6 closed sales: Kimball Lodge #244 1/1.5 $330K, Sand Pointe #213 2/2 $570K, Pointe Santo #C41 2/2 $795K, Tanglewood #3 3/3 $1.25M, Gulfside Place #117 2/2 $1.25M, Gulfside Place #306 3/2 $1.3575M.

HOMES

3 new listings: 242 Christofer Ct 3/2 $745K, 421 Lake Murex Cir 3/2 $829K, 984 Oyster Ct 3/3 $2.1M.

7 price changes: 956 Dixie Beach Blvd 2/1 now $399K, 5105 Sanibel-Captiva Rd 4/3 now $679K, 3941 Coquina Dr 3/2 now $699K, 1429 Jamaica Dr 3/3 now $789K, 660 Oliva St 3/3 now $938.5K, 2311 Starfish Ln 4/3 now $1.249M, 1306 Seaspray Ln 3/4 now $3.945M.

5 new sales: 848 Rabbit Rd 3/2 listed at $379.9K; 2150 Egret Cir 3/2 listed at $489K; 3927 Coquina Dr 3/2 listed at $599,995; 830 Limpet Dr 4/4.5 listed at $1.545M, 1245 Isabel Dr 3/3.5 listed at $1.548M.

6 closed sales: 1631 Sand Castle Rd 3/2.5 half-duplex $435K, 1139 Buttonwood Ln 2/1 $595K, 600 East Rocks Dr 3/2 $655K, 1258 Par View Dr 3/2 $700K, 1111 Schooner Pl 3/3 $885K, 6011 Clam Bayou Ln 3/3 $1.2M.

LOTS

1 new listing: 2133 Starfish Ln $439K.

No price changes.

1 new sale: 6217 Starling Way listed at $1.295M.

No closed sales.

Captiva

CONDOS

No new listings.

1 new sale: with Bayside Villas #5106 1/2 listed at $289K.

No closed sales.

HOMES & LOTS

Nothing to report.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Until next Friday, here’s hoping the wonderful weather continues…Susan Andrews, aka SanibelSusan

Beach (Medium)

Another Weekend of Beautiful Weather Expected


All’s well again this week on sunny Sanibel Island. After days of seemingly summer-like weather, Wednesday brought the first shower of the rainy season. After much-needed downpours for most of the afternoon, a low-humidity cool front arrived which resulted yesterday in plenty of sun, but temperatures into the low 70’s with a nice breeze. Today temps crept back up to the high 70’s, then it likely will bump back up into the low 80’s for the weekend, which should be perfect for those here celebrating Mothers’ Day.

Both phone and island traffic were light this week. With the end of the school spring breaks, visitor traffic likely will be off until these same schools are out for summer breaks. The locals look at this as the perfect time to again enjoy The Over Easy Café, Gramma Dot’s, and other island eateries that can have long lines “in season”.

Many agree that May and October are their favorite months – little hustle bustle and the best weather.

This week at SanibelSusan Realty, several of our listings had showings, with a few more scheduled this weekend, and we had two closings. Some post-season celebratory events are happening now too. A few tidbits about them and some news items are below, followed by a report of the activity posted in the Sanibel & Captiva Multiple Listing Service over the last seven days.

“Ding” Darling & Doc Ford’s Tarpon Tournament

Ding-Darling-Doc-Fords-Tarpon-Tourney-5th-anniversaryTonight and tomorrow are the 5th annual “Ding” Darling & Doc Ford’s Tarpon Tournament. The weather couldn’t be better and the water quality is good, so hopefully the first tarpon of the season have arrived.

The event begins with a captains’ meeting, anglers’ dinner, and auction tonight (5-9 p.m.) with the actual fishing tomorrow from 7 a.m. to 4 p.m. All sponsorships and gifts go to the “Ding” Darling Wildllife Society, while 100% of the entry fees go to tournament winners. Last year, it netted more than $50K for conservation and education at the J.N. “Ding” Darling National Wildlife Refuge.

We have several friends and clients participating in the tournament. Here’s hoping that this year’s event brings more success and that our pals catch winners. (Note this is a “catch, release, & care” tournament. Tarpon weight/size is estimated by photo or video only, with all tarpon immediately released.)

Ding Darling Society logoFifty boats participate, with four to six anglers per boat. These anglers come from all over.

This year, there again are a couple of teams from the UK, including one called “Fish & Chips” and some of the local teams advertise their sponsors in their team names, like “RS Walsh Landscaping”, “Florida Weekly”, and “Diversified Yacht Services”.

Jensen-logoJensen’s Marina/Operation Open Arms always dedicates their team to veterans.

Then, there is the team of gals, called “Fishin’ Divas”. Follow the tourney and their results at http://www.dingdarlingsociety.org/tarpon-tourney.

Sanibel & Captiva Island Association of Realtors®

rpacYesterday afternoon/evening was the 21st annual local association of Realtors® “after season” celebration which this year included a golf scramble, Cinco de Mayo party, and auction, all benefitting RPAC (Realtors® Political Action Committee).

Often held at The Sanctuary, this year because of their ongoing clubhouse remodel, it was moved to The Dunes where attendees, golfers particularly, were thankful that the deluge was the day before. It was a great day for golf – even with the cooling breezes.

RPAC 2016

A few colorful pals exiting RPAC event last night. L to R: Past-President of Sanibel & Captiva Islands Association of Realtors Bruce Cochrane & his wife Lisa (also affiliate member); 2016 Association President Lori Pierot, & Realtor Marlene Donaldson.

The total amount raised has not been announced yet, but the Sanibel & Captiva Association of Realtors® takes great pride in garnering awards each year from Florida Realtors® for their RPAC participation.

 

RPAC Lobsters 2016RPAC contributions by island Realtors® are high as we have seen the results of these dollars used close-to-home to support Realtor®- friendly legislators who protect property rights, to protect against ordinances which could harm real estate and promote those with positive influence (like build-back), to clean waterways, to provide competitive/affordable flood insurance, to protect the environment, and for beach re-nourishment. Another grant currently is in the works for another water quality study too. We love to see RPAC dollars at work!

For the auction, SanibelSusan Realty donated a jumbo Maine lobster bake dinner for six (gotta honor those Maine roots). It sold for a pretty penny and I purchased a couple of items too, both at the live and silent auctions.

DunesEntrySignAll-in-all, it was a fun time – super nice way to celebrate the end of “season”, and for a cause that helps us all.

The Dunes, our local RPAC committee, and our Association of Realtors staff, all did an excellent job.

Thanks to everyone involved, including fellow contributors!

Summer Hours at Sanibel Historical Village

Touring-the-Sanibel-Historical-Village-MuseumSummer hours have begun at the Sanibel Historical Museum & Village. It is open Tuesdays through Saturdays from 10 a.m. to 1 p.m. and it will close from July 30 until October 18th when it will reopen again with full-time hours (10 a.m. to 4 p.m.)

Wonder why? These buildings go back to pioneer days and are not air conditioned.

The Museum and Village were founded in 1984 to preserve, share, and celebrate Sanibel history. Its buildings and thousands of artifacts tell the story of the island from the Calusa and Spanish eras to the early pioneer families who settled on Sanibel in the 1800s.

Nine historic buildings have been moved from their original island sites and brought to the village with each building restored to its original state. More info at www.sanibelmuseum.org

Current Events Will Meet Through Summer

Island Sun logoAs posted in today’s “Island Sun”:

“For more than 34 years, men and women of Sanibel and Southwest Florida have met weekly to enjoy civil discourse on domestic and international news. The group meets every Monday year-‘round for two hours in Phillips Gallery at BIG ARTS starting at 10 a.m. Current Events will continue to meet during the summer months….”

City May Eliminate Cost Accumulation & 50% Restrictions

Sanibelcityseal logoAs reported in the “Santiva-Chronicle” on Wednesday:

“Sanibel took a step Tuesday, May 3, toward removing a pair of restrictions that will allow property owners to more easily make repairs without losing the city’s rating for flood insurance.

“The City Council directed the Planning Department to draft an ordinance that would remove the five-year cost accumulation period for improvements and what is known as the 50% rule for substantial improvements.

“The council sent the matter to the Planning Commission with a view toward an ordinance returning to the council for a first reading at the June 7 meeting followed by a public hearing and vote at one of two meetings in late July.

“Both the five-year cost accumulation period and the 50% rule were once part of the Federal Emergency Management Agency requirements for flood insurance, which Sanibel has been a part of since 1979. Both have been removed and the city’s consultant has advised the city that it will not lose its Class 5 flood insurance rating with FEMA if it removes both restrictions.

““We anticipate that this will help homeowners in projects such as impact windows, shutters and other things to make structures more sound,” Planning Director Jim Jordan told the council. “It removes a lot of the obstacles for homeowners to make improvements.”

“Mayor Kevin Ruane made the motion to send the ordinance to the Planning Commission with the “enhancements” of removing the restrictions.”

Causeway Traffic Numbers About the Same As Last Year

Although we all did plenty of complaining about traffic this winter, the numbers published this week in the local papers say that causeway traffic was not much more than 2015. Here are a few excerpts from today’s “Santiva-Chronicle”:

sanibel causeway“March is Sanibel’s busiest month, the month when the traffic is at its peak. It’s the month when, all else being equal, Sanibel can gauge how well it got through with its traffic campaign. The city has to like what it sees from the Sanibel Causeway.

“The causeway is a leading traffic indicator and numbers from Lee County for March show that traffic on the bridge during the busiest month showed only a slight increase over 2015. The numbers show that 356,633 vehicles used the causeway in March compared to 355,695 in March 2015. That’s an increase of 938 vehicles, a miniscule 0.26%.

“The three-month totals show a less than 1% increase in traffic for the year. Through three months last year, the causeway total was 963,446 and through March of this year it’s 965,586, an increase of 2,140 vehicles.

“Sanibel has taken several steps to calm the traffic on the island during the peak season. As it regards the causeway, the most important steps were the city’s messages to day-tripping tourists. Instead of coming here and driving around, come get a bicycle and stay awhile has been the crux of the city’s plea. It was delivered in a variety of ways, including a video with Mayor Kevin Ruane. The city also mounted three live traffic cameras that can be viewed at www.mysanibel.com.  One of them is on the causeway.

“The causeway numbers aren’t perfect indicators through three months. January was plagued with 16” of rain and that put a damper on tourism on several days. Causeway traffic fell 2.53% in January. The numbers show 299,519 vehicles went through the toll plaza in January and that’s down from 307,302 in January, 2015. It was the first time in 22 months causeway traffic fell. But city officials were hesitant to celebrate that number because of all the rain.

“Figures from Lee County show that 309,434 vehicles used the causeway in February. That’s up 8,985 vehicles from 2015 and technically goes down as an increase of almost 3%. But 2016 is a leap year and the 29th day skews the numbers.”

Sanibel & Captiva Multiple Listing Service Activity April 29-May 6, 2016

Sanibel

CONDOS

6 new listings: Sundial West #F105 1/1 $399K, Ibis at The Sanctuary #A302 2/2 $485K, Loggerhead Cay #592 2/2 $549K, Tarpon Beach #201 2/2 $745K, Sandy Bend #6 2/2 $950K, Pine Cove #102 3/2 $1.495M.

1 price change: Island Beach Club #210B 2/2 now $589K.

2 new sales: Sanibel Arms #E2 1/1 listed at $375K, Lighthouse Point #325 listed at 2/2 $830K.

10 closed sales: Mariner Pointe #951 1/1 $410K, Sanibel Arms West #J4 2/2 $425K, Sundial West #B207 1/1 $470K, Sanibel Arms West #A6 2/2 $525K, Compass Point #203 2/2 $651K, Cottage Colony West #126 1/1 $620K (our buyer), Sanctuary Golf Village I #2-2 3/3 $650K, Nutmeg Village #309 2/2 $765K, Snug Harbor #113 2/2 $900K, Snug Harbor #121 3/2 $970K.

 

CCW 126

Cottage Colony West #126

 

HOMES

10 new listings: 2150 Egret Cir 3/2 $489K; 1439 Albatross Rd 3/2 $499,994; 3927 Coquina Dr 3/2 $599,995; 1585 Serenity Ln 3/3 $599K; 752/754 Cardium St 4/2 multi-family $639.9K; 5292 Umbrella Pool Rd 3/2 $669K; 726 Cardium St 3/3 $795K; 8995 Mockingbird Dr 3/3.5 $990K; 2479 Blind Pass Ct 3/2 $1.3M; 1528 San Carlos Bay Dr 3/3 $2.295M.

5 price changes: 9475 Beverly Ln 3/2 now $529.5K, 5749 Pine Tree Dr 3/3 now $699K, 760 Windlass Way 3/3 now $979K, 1326 Seaspray Ln 4/4.5 now $2.395M, 4190 Dingman Dr 4/3.5 now $2.5M.

4 new sales: 1717 Sand Pebble 3/2 listed at $449K, 2114 Egret Cir 3/2 listed at $498K, 1410 Causey Ct 3/2 listed at 599K, 1658 Sabal Palm 2/2 listed at $875K.

14 closed sales: 1717 Sand Pebble Way 3/2 $400K, 1125 Captains Walk St 3/3 $560K, 958 Cabbage Palm Ct 2/2 $590K, 1475 Sand Castle Rd 3/2 $725K, 689 East Rocks Dr 3/3 $745K, 577 Lake Murex Cir 3/2 $750K, 249 Daniel Dr 2/2.5 $755K, 236 Palm Lake Dr 3/2 $845K, 3711 Agate Ct 3/2.5 $885K, 460 East Gulf Dr 2/2.5 $1.289M, 907 Kings Crown Dr 4/3 $1.95M, 2518 Tropical Way Ct 3/3.5 $2.15M, 1018 Whisperwood Way 3/5 $2.2M, 1196 Bay Dr 4/4.5 $2.59M.

LOTS

No new listings.

2 price changes: 1311 Par View Dr now $294.9K, 4538 Bowen Bayou Rd now $299,555.

No new sales.

NewStraight

View from 837 Limpet Dr

2 closed sales: 6159 Starling Way $608K, 837 Limpet Dr $725K (our listing).

 

Captiva

CONDOS

No new listings.

1 price change: Bayside Villas #5316 3/3 now $599K.

No new sales.

2 closed sales: Bayside Villas #5208 1/2 $280K, Lands End Village #1641 2/2 $1.3M.

HOMES

No new listings.

3 price changes: 11526 Laika Ln 4/4 multi-family now $1.85M, 16464 Captiva Dr 8/8.5 now $6.395M, 16151 Captiva Dr 4/3 now $8.8M.

1 new sales: 15 Seascape 3/2.5 listed at $995K.

1 closed sale: 11535 Andy Rosse Ln 4/4 $2.225M.

LOTS

Nothing to report.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Dave & Mom 08-1976

When Dave & I were a lot younger, 1976

’til next week…Happy Mothers’ Day!

 

Susan Andrews, aka SanibelSusan

mothers-day-border-clip-art-5

Another Picture-Perfect Friday on Sanibel Island


Another Friday has arrived with the islands settled into a steady post-season routine – essentially no traffic delays on Periwinkle, no lines at local restaurants, but still vacationers here enjoying summer-like weather at the beaches, on the bike paths, and outdoors in general. They are benefiting from lower off-season accommodation rates too.

dolphins 11-6-15

Overall, inventory remains fairly low and sales activity is a little slow. At our last “season” weekly Realtor® Caravan meeting yesterday, only a couple of new sales were announced and just six new listings were open for viewing.

The schedule of these Thursday morning caravan meetings has now switched to the ever-other-week summer schedule which will apply until new listing activity picks up again in the fall. The next meeting on May 12 will be an “Open Caravan” – meaning property that either east or west-end properties may be included. That “open” schedule flexibility will continue until fall.

Sanibel Inventory in Perspective

sancap GO MLS logoUsing the data from the Sanibel & Captiva Islands Multiple Listing Service as of April 29 and comparing the activity year-to-date with the sales during the same timeframe last year, here are the standings. Also included are the same statistics for 2006 – the year of the market “peak”. Though ten years ago, it is interesting how those statistics compare to the same 4-month period (January 1 through April 29).

# for Sale                         # Sold/Closed 2016  # Sold/Closed 2015   #Sold/Closed 2006

Median Asking Price     Median Sale Price     Median Sale Price     Median Sale Price

SANIBEL CONDOS:

96                                       56                                   64                                   73

$662,450                          $664,500                    $662,000                      $799,000

SANIBEL HOMES:

154                                       59                                  94                                  59

$997,000                          $795,000                    $764,000                      $899,000

What does this mean? Though inventory is low, particularly when compared to previous years, there still is a lot. At the current rate of sales, there are about seven months of condo inventory and over ten months for homes.

Typically, there are fewer island sales in the spring and summer, with more last quarter and first quarter, but this year is a bit of an anomaly. The median sale price is up, but the number of units sold is down, both for condos and homes. If election year jitters calm down, it certainly will help.

A couple of the articles below about the economy and predictions for the rest of the year offer more insight. The action posted over the last week in the Sanibel & Captiva Islands Multiple Listing Service follow the news.

Work To Upgrade AT&T Signal Under Way at Donax Tower

flag cell towerAccording to an article posted in last Friday’s “Santiva Chronicle”, “AT&T appears to be getting closer to the long-awaited signal upgrade on Sanibel. Heavy equipment is presently on the site along Donax Street where the cellphone tower that doubles as a heavy-duty flagpole sits. AT&T told the city early this year that the upgrade would occur in the second quarter of 2016.

““The city issued a building permit to the AT&T subcontractor well more than a month ago and the city had been previously advised that AT&T planned to install its communications equipment during the second quarter of 2016,” City Attorney said in an e-mail on Thursday, April 21.

AT&T_logo_svg““Our understanding is that the AT&T subcontractor has now commenced construction of the ground building that will house the generator and ground equipment which supports the communications equipment to be installed within the tower,” Cuyler said.

“Finally getting the new equipment running on the Donax tower will help alleviate the frustration AT&T customers have experienced with weak signals and dropped calls….”

Islanders Briefed on Blind Pass at Stakeholders Meeting

santiva chronicleAs reported in the “Santiva Chronicle” this week – “Keep Blind Pass open and keep it open in a correct way – That was the consensus of about 100 people attending the Blind Pass Inlet Management Study meeting at The Sanctuary clubhouse Thursday evening, April 21.

“The meeting was hosted by the Lee County Natural Resources Division to discuss the status of the ongoing study of Blind Pass and to take input from stakeholders. It drew a cross section ranging from Sanibel and Captiva officials, to members and officials of island non-profits and residents of the immediate area.

““Everything is on the table. We have powerful tools to develop this model,” Steve Boutelle, operations manager of the Lee County DNR, said.

“The meeting was to take community input to supplement the vast amount of data that is being gathered to determine the best way to keep one of the key inlets open and the water within it circulating as it should be.

Blind Pass is the inlet that separates Captiva and Sanibel. Its history, which was reviewed by B&I, the consulting firm hired by the DNR, is one of closing, opening and moving around as a result of natural forces and human intervention.

BlindPass_1953_4H_75

“Michelle Pfeiffer of B&I presented a number of slides and charts, and she also had aerial shots of the various shapes the volatile inlet has taken through the years. The most dramatic was in 1972 when Hurricane Agnes marched through, “forever altering Blind Pass,” according to B&I’s Tom Pierro.

Blind pass 2002

“Blind Pass has been dredged and one more dredging is scheduled before the current permit to do so expires. Presently the pass is in extremely shallow condition with people easily wading across and causing boats with shallow drafts to struggle.

blind pass sanibel

“Ann Vanderbilt spoke for the 300 members of the Bayous Preservation Association, a citizens group that works to restore and maintain the water quality in the area, including Blind Pass. She was the first of several to point out the recent cooperation between stakeholders when it comes to Blind Pass.

“The DNR got valuable input from knowledgeable residents of the surrounding neighborhoods, including Harvey Padewer and John McCabe. Both men spoke for others in the hope that whatever decision is arrived at for Blind Pass, that it will keep the water circulating and improve water quality.

““Blind Pass has a history of opening and closing. The decision has been made to keep it open. Our goal is to determine how best to do that,” Boutelle said.

““The study is in the very early stages, so it is very important to get input from you at this time,” Pierro told the stakeholders.

“Tidal inlets that connect the ocean to estuaries are important to the ecology of estuaries. Decreased water flows in the estuaries generally lead to increased sedimentation and accumulation of nutrients.

“Thursday’s meeting was the first of three. The DNR team said it expects a second meeting in two months with a third to follow.”

4 Housing Predictions for the Rest of 2016

FreddieMacLogo_3From Monday’s “Daily Real Estate News” on line, sourced to: Freddie Mac

“Freddie Mac economists are still upbeat about the housing market’s outlook for the rest of the year, despite recent data that showed a gloomier first quarter in economic growth than originally projected. According to Freddie Mac’s April outlook, housing will “maintain its momentum in 2016 and be an economic engine of growth.”

“”We’ve revised down our forecast for economic growth to reflect the recent data for the first quarter, but our outlook for the balance of the year remains modestly optimistic for the economy,” says Sean Becketti, Freddie Mac’s chief economist. “However, we maintain our positive view on housing. In fact, the declines in long-term interest rates that accompanied much of the recent news should increase mortgage market activity, particularly refinance.”

“Economists made the following predictions for the remainder of 2016:

  • Employment: The labor market is expected to stay strong. The unemployment rate is projected to drop back below 5% for 2016 and 2017. “Stronger economic growth for the remainder of 2016 and reduced slack in the labor market will drive wage gains above inflation, though the gains are likely to be modest,” Freddie’s report notes.
  • Mortgage originations: Loan originations are estimated to rise by $50 billion in 2016 and reach $1.7 billion. The forecasted boost is a result of low mortgage rates that are fueling a refinancing boom.
  • Mortgage rates: Low mortgage rates are expected to stick around longer. The 30-year fixed-rate mortgage averaged 3.7% in the first quarter. “After lowering the forecast for subsequent quarters by a tenth of a percent, expect rates to average 4% in 2016,” Freddie Mac researchers note.
  • Housing prices: Home prices will rise by 4.8% in 2016 and by another 3.5% in 2017, Freddie Mac researchers predict. These rising home prices will lead home owners’ to see more equity gains.”

Why the Economy Is Slowing

NAR gray-logoBy my favorite economist as posted in RealtorMag” last Thursday, this article is sourced to “Forbes”, April 19, 2016:

“The economy has been on a roller coaster ride the past few years. Lawrence Yun, the chief economist for the National Association of REALTORS®, points to two main reasons behind the latest slowing of the economy: Constrained homebuilding and business spending.

“Homebuilders have been slow to up their production of new homes. They’ve been plagued with labor shortages and a shortage of suitable land for development. They’re also facing new housing permit rules and new financial regulations on small-sized banks. All of these factors are contributing to an “abnormally sluggish homebuilding recovery in this cycle,” Yun notes in his column at Forbes.

“What’s more, this contraction in home building is contributing to an overall sluggishness in the economy, Yun says.

“Housing starts in March were about 1.09 million units at an annualized pace. While it is up 14.1% from a year ago, it’s still far from historical levels.  Normal activity is usually about 1.5 million housing starts a year. Yet, builders have been producing fewer than 1.1 million units since 2008. Prior to that, housing starts had not dipped below that level since 1981 and 1982, when mortgage rates were near 20%, and in 1991 when the economy was in a recession.

““Had the housing starts rebound been like in past cycles – that is, quickly getting back up to 1.5 million new units – then broad economic growth would have been markedly stronger,” Yun notes in his recent column at Forbes.

““With soft housing starts, GDP growth is similarly expected to be soft, barely above the zero growth line in the first quarter. … Had the economy moved along at the normal historical growth rate of 3% average annual GDP growth compared to what we actually experienced over this past decade, the typical American would have an additional $7,000 this year.”

“But homebuilding isn’t the only factor leading to a slowing economy. The economy also has been slowing due to “an unusual trend in recent years of business spending being below corporate profits,” Yun says.

“He explains: “For most of U.S. history, business spending (defined as the sum of spending for non-residential equipment and intellectual property products in GDP accounting) was higher than corporate profits. Borrowing, typically by new small businesses, had permitted more spending. That is, America always had more entrepreneurial ideas than money. But in recent years, ideas are apparently no longer in abundance and corporate cash is sitting on the sidelines and not doing much.”

“Yun notes that he believes an increase in homebuilding and business spending are key to getting the economy back on track.”

Turtle Nesting Season Begins Sunday

Turtle CrawlAs reported in “The News-Press” on Wednesday: “Although nesting season doesn’t start until Sunday, there have been two nests this year, on Captiva and Fort Myers Beach.

“Turtle nesting season runs from Sunday, May 1, through Oct 31.

“Turtle nesting season begins Sunday and experts are hoping the four-year trend of high nesting continues.

After almost a decade of a low count of nests, females have been coming ashore in higher numbers since 2012. But Eve Haverfield, president and founder of Turtle Time, says that doesn’t mean 2016 will be another top year.

Sea Turtle Nest

“We are hoping for the best,” she said. “Last year was a good season and we are hoping for another one.”

She said a real pattern has not been established with nesting numbers.

““They are better, but they are not out of the woods yet,” Haverfield said. “Just because you had one or two or three good years, that does not mean the species has recovered. You don’t want to draw conclusions over a few years.”

“Still Haverfield is always positive about turtles. “We are eternally optimistic,” she said.

Seaturtlehatchlings

“Last year Bonita Beach had the first nest of the season, but this year that honor goes to Captiva that had a nest laid on April 21. That is just one day short of the record for the earliest nest laid there on April 20, 2012.

“Kelly Sloan, turtle coordinator for the Sanibel/Captiva Conservation Foundation, is excited about having the first nest and also about a new program piloting on Sanibel. For the first time Sanibel will have two volunteers that patrol the beach four or five nights a week to tag the mother turtles.

“Tagging has been done for years on Keewaydin Island in Collier County and by Mote Marine. Sloan said tagging on Sanibel will add to the pool of knowledge and let researchers see if there are changes in patterns and the genetics of the turtles that come on shore. “Part of the reason is to see if there is a genetics break at San Carlos Bay,” Sloan explained. Her 120 volunteers will also be patrolling Sanibel and Captiva in the morning and putting screens around the nests to prevent coyotes from eating the eggs. Sloan said this program was very successful last year. “We are hopeful for another great year,” Sloan said.

“Maura Kraus, senior environmental specialist for Collier County Natural Resources is also hopeful for another great turtle season. “We are hoping it is all the work we have been doing all these years. Everything we have been doing, hopefully we are seeing an upward trend,” Kraus said. Kraus said for the last three decades there has been a strong push to help sea turtles, from more public awareness to turtle excluder devices on shrimp boats to the work done on beaches around the state.

loggerhead_sea_turtle_baby_blog““Loggerheads take 30 years to reach maturity. So hopefully we are seeing the results of our hard work,” she said. Kraus is feeling a lot better about turtle season now than she did in the past. “In 2002 we were getting a little nervous. It was pretty worrisome,” she said about the low number of nests then.

“Kraus said most people in Collier County comply with keeping lights from shining on the beach and pulling furniture from the sand at night. But one problem she does see is people who dig holes in the sand and then don’t fill them in. “So we want to make sure people fill in the holes,” Kraus said. “People should stay off the beach at night. Everyone has their lights on their phones and their cameras on the phones and we don’t want that on the beach at night.”

“Although nesting season doesn’t start until Sunday, volunteers have been monitoring the beaches since April 15. So far there have only been two nests this year, the one on Captiva and one laid on April 25 on Fort Myers Beach.

“Now that nesting season is beginning, Haverfield wants people living along the beach to use amber LED lighting and to close their drapes at night. Hatchlings follow the lights of the horizon to find the water and can be disoriented by unnatural light.  She said most people do comply, but there are some that still shine too much light on the beach. “People have been very supportive,” Haverfield said. “People love the fact that sea turtles nest on our beaches.”

FACT BOX

*Loggerheads are the most common sea turtles in Florida

*Adults grow to more than 3-feet long and weigh 200-350 pounds

* They may travel thousands of miles from feeding grounds to nesting beaches

* Female turtles nest on the same beaches where they were born.

* A female loggerhead may nest 1-7 times during a season at about 15 day intervals

* Incubation takes 55-65 days

* The temperature of the nest determines the sex of the hatchlings. Cooler sand produces mostly males, while warmer sand produces mostly females.

* Hatchlings are about 2 inches long

* Hatchlings emerge at night and are guided by the lighter Gulf horizon to the water

THE LAW

Both interior and exterior lights must not be visible on the beach.

People can explore the different options of LED fixtures at: http://myfwc.com/conservation/you-conserve/lighting/certified

Beach furniture must be removed from the beach from 9 p.m. to 7 a.m. (must be behind the dunes and vegetation or up against the house)

The rule is in effect from 9 p.m. to 7 a.m. May 1 to Oct. 31.”

Sanibel & Captiva Multiple Listing Service Activity April 22-29, 2016

Sanibel

CONDOS

2 new listings: Lighthouse Point #122 2/2 $499K, Sanibel Arms West #B8 2/2 $548.9K.

3 price changes: Beach Road Villa #105 2/2 now $424K, Blind Pass #A102 2/2 now $429K, Sanibel Surfside #127 2/2 now $1.065M.

3 new sales: Donax Village #14 2/2 listed at $529K, Sanctuary Golf Villages 1-1 2/2.5 listed at $595K (our sale), Clam Shell #E 3/2.5 listed at $995K.

3 closed sales: Sanibel Moorings #211 1/1 $365K, Shell Island Beach Club #5A 2/2 $790K, West Shore #3 3/3 $1.637M.

HOMES

5 new listings: 956 Dixie Beach Blvd 2/1 $410K, 3118 Twin Lakes Ln 3/2 $619.9K, 810 Elinor Way 3/2 $679K, 2313 Wulfert Rd 4/3 $1.15M, 243 Southwinds Dr 4/2.5 $1.195M.

8 price changes: 2407 Shop Rd 3/1 now $349K; 1635 Sand Castle Rd 3/2.5 half-duplex now $464K; 535 Birdsong Pl 3/2 now $499,999; 5306 Ladyfinger Lake Rd 3/2 now $625K; 5299 Ladyfinger Rd 3/3 now $749K; 588 Hideaway Ct 3/2 now $779K; 563 Hideaway Ct 3/2 now $795K; 1238 Isabel Dr 5/3/2 now $3.864M.

6 new sales: 1322 Sand Castle Rd 3/2 listed at $529.9K, 441 Lake Murex Cir 3/3 listed at $569K, 702 Oliva St 3/2 listed at $649K, 1858 Farm Trail 3/2 listed at $649K, 676 Emeril Ct 3/2 listed at $749K, 841 Lindgren Blvd 2/2 listed at $899K.

3 closed sales: 1565 Bunting Ln 3/2 $585K, 911 Strangler Fig Ln $2.219M, 3421 West Gulf Dr 5/4.5 $6.8375M.

LOTS

1 new listing: 1329 Par View Dr $349K.

No price changes.

1 new sale: 1310 Par View Dr listed at $359,555.

No closed sales.

Captiva

CONDOS

1 new listing: Seabreeze #1251 3/3 $2.25M.

No price changes, new, or closed sales.

HOMES

1 new listing: 15 Seascape Ct (Sunset Captiva) 3/2.5 $995K.

2 price changes: 1135 Longifolia Ct 4/4.5 now $4.295M, 16560 Captiva Dr 7/7.5 now $6.5M.

1 new sale: 19 Urchin Ct 2/2.5 listed at $879K.

No closed sales.

LOTS

1 new listing: 956 S Seas Plantation Rd $2.1M.

1 price change: 16298 Captiva Dr now $5.049M.

No new or closed sales.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Until next Friday, Susan Andrews aka SanibelSusan

Sanibel’s April Flowers Waiting for May Showers


Hibiscus

The SanibelSusan Team continues to enjoy the island’s post-season limited traffic and wonderful weather. Our news this week is short due to a busy schedule in the office…showings…more showings…even more showings…lots of internet inquiries…and then a nice closing today.

Our weekly report of the activity posted over the last seven days in the Sanibel and Captiva Islands Multiple Listing Service follows the below article from Sunday’s edition of the “Santiva-Chronicle” about how Sanibel fared in the recent Florida legislative session.

Sanibel Saw Success in Florida’s Legislative Session

Sanibelcityseal logo“Sanibel came away from the recently concluded session of the Florida Legislature with flying colors, Dan DeLisi, the city’s legislative consultant, told the City Council at the council’s recent meeting on April 5.

The city received funding for two projects at the Donax Wastewater Reclamation Plant on the island and, along with the rest of Florida, made great strides on broader water quality issues involving the Everglades and Lake Okeechobee.

““You won’t see a city this size get money like this,” DeLisi told the council. He noted the projects first had to clear both houses and then dodge a gubernatorial veto. Projects like Sanibel’s usually get cut at some point, he said.

“DeLisi said State Sen. Lizbeth Benacquisto, R-Fort Myers, and State Rep. Ray Rodrigues, R-76 which includes Sanibel, did “the heavy lifting” with a big assist from State Rep. Matt Caldwell, R-79 which includes northern Lee County.

“Sanibel received $825,000 for the two projects at the Donax plant.

“Also of major significance to Sanibel were the legislature’s handling of the Legacy Florida bill and the Water Policy bill.

“A key part of the Legacy Florida bill is getting the Amendment 1 documentary stamp revenues appropriated in the right direction. The bill requires that $100 million be dedicated to funding the Comprehensive Everglades Restoration Plan.

““Segregating money for CERP helps to move forward with large construction contracts, specifically for the C-43 Reservoir, and provides a basis for our federal partners to consider how they meet their cost-share obligations through constructing other projects,” DeLisi said.

“The Water Quality Bill, which almost got through in the dysfunctional 2015 legislative session, did pass this time and addressed five major areas, among them water quality in the Lake Okeechobee watershed.

““Changes to how water quality in the Lake Okeechobee watershed will be enforced is the section that has the most impact on the City of Sanibel,” DeLisi said.

““It was an historic session,” he said. “They really got a lot done. We had tempered expectations and got historic results.””

Sanibel & Captiva Multiple Listing Service Activity April 15-22, 2016

Sanibel

CONDOS

3 new listings: Sundial West #I207 1/1 $315K, Pointe Santo #C36 2/2 $875K, Tamarind #A102 2/2 $1.695M.

4 price changes: Donax Village #14 2/2 now $529K, Kings Crown #208 2/2 now $799K, Pointe Santo #B25 2/2 now $799K, Atrium #201 3/3 now $1.595M.

4 new sales: White Caps South #5 1/1listed at $520K, Sealoft Village #106 2/2 listed at $599K, Bayview Village #2A 3/3 listed at $693K, Sanibel Seaview #A-1 3/3 listed at $1.199M.

5 closed sales: Compass Point #221 2/2 $585K (our listing), Sundial West #A305 2/2 $799K, Kimball Lodge #306 2/2 $800K, Shorewood #2 3/3 $1.195M, Sedgemoor #102 3/3.5 $2.4M.

HOMES

2 new listings: 1112 Olga Ave 6/2.5 multi-family $885K, 276 Ferry Landing Dr 3/3 $974.9K.

13 price changes: 9292 Belding Dr 3/2.5 now $439K, 1390 Middle Gulf Dr 3/3 half-duplex now $529K, 1410 Causey Ct 3/2 now $599K, 5279 Umbrella Pool Rd 3/2 now $648K, 4648 Buck Key Rd 3/2 now $649K, 1487 Sand Castle Rd 3/2.5 now $799K, 1321 Par View Dr 3/2.5 now $875K, 792 Birdie View Pt 3/3.5 now $999K, 1740 Dixie Beach Blvd 3/3.5 now $1.095M, 1126 Harbour Cottage Ct 3/2 now $1.495M, 1052 Whisperwood Way 3/3 now $1.524M, 2118 Starfish Ln 4/5 now $1.799M, 584 Kinzie Island Ct 3/4 now $1.945M.

2 new sales: 9027 Mockingbird Dr 4/3 listed at $799K, 283 Ferry Landing Dr 3/2 listed at $1.995M.

5 closed sales: 656 Anchor Dr 3/2 $585K, 3301 Twin Lakes Ln 2/2 $585K, 485 Peachtree Rd 3/3 $712.5K, 345 East Gulf Dr 3/2.5 $899K, 4355 West Gulf Dr 4/3 $3.4M.

LOTS

1 new listing: 644 Sea Oats Dr $329K.

No price changes or new sales.

1 closed sale: 0 Dinkins Lake Rd $215K.

Captiva 

CONDOS

No new listings.

1 price change: Beach Villas #2517 1/1 now $497.5K.

No new or closed sales.

HOMES

2 new listings: 11411 Old Lodge Ln 4/3 $1.895M, 16163 Captiva Dr 3/2 $2.695M.

2 price changes: 11523 Wightman Ln 4/4 now $1.895M, 15161 Captiva Dr 4/4.5 now $2.295M.

No new sales.

2 closed sales: 15000 Binder Dr 3/2 $1.0325M, 11535 Wightman Ln 3/3 $1.105M.

LOTS

Nothing to report.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

 

Until next week, here are a few favorite blooms found on the island! TGIF!

Susan Andrews, aka SanibelSusanfrangipaniDrift rosebougainvillea