Read On to Find Out Why the Magic Number Today is 12

It is that time of the year when Floridians are especially grateful to be here. Though a cool front sometimes comes through in the winter, the weather here sure tops what is happening elsewhere.

One of those fronts just came through the islands. Though sunny and bright, it is breezy with temperatures only up into the high 60’s. Do visitors still fill the bike paths and beaches in their shorts and tee-shirts, “yes”. Meanwhile, locals are enjoying more fresh air and relish a chance to wear their long sleeves and an occasional sweater or jacket.

At the office, we continue to finalize action items for our upcoming closings and get ready for our big annual inventory mailing. If you are not already on our mailing list and want a copy of this report, please send your request to Susan@SanibelSusan.com. We update the islands residential inventory list (Sanibel & Captiva condos, homes, & lots) every weekend, so have it available anytime and email it often, but the bulk hardcopy mailing only goes out once a year (saving trees & $). It will go out in early February. (The data is from the local Multiple Listing Services as well as the county tax records.)

Yesterday afternoon, teammate Dave listed his in-laws off-island investment property. He probably set a record for a quick sale. Following several immediate inquiries/offers, he had it successfully under contract by 8 p.m.

So, as we continue to market for new listings, today the magic inventory number is 12. According to the Sanibel & Captiva Islands Multiple Listing service, now there are just 12 condos and 12 homes for sale on Sanibel, while on Captiva, there are 12 in total (4 condos plus 8 homes).

With most colleagues having buyers waiting in the wings, it is tough convincing those prospects that it is going to take a very long time for supply to meet demand. Meanwhile, the strong sellers’ market continues. I am meeting with condo owners tomorrow. Hopefully a new listing follows.

Florida Realtors® Mid-Winter Business Meetings

Last Friday, I attended the Florida Realtors® Resort and Second Home Think Tank meeting via Zoom. During that meeting, Kate Chunka, Vice Present of Industry Engagement at “Visit Florida” provided an update on that agency’s efforts including some interesting statistics. She said that every dollar spent results in $3.27 in tax revenue. Nearly 40% of that in 2020 was the impact of the pandemic on tourism with the third quarter last year exceeding any previous year. In 2021, from first through third quarter, 91.5 million visitors came to Florida. Numbers now are starting to exceed 2019 which was the highest recorded ever. For FY 2022-2023, a $50 million budget has been recommended.

Next, Florida Realtors® Vice President of Law/Policy and General Counsel, Juana Watkins provided an update on the legal options to address local short-term rental ordinance. That has become a huge problem in some areas. Luckily Sanibel and Captiva are proactive in that regard.

A legislative update then was provided by Andy Gonzalez, Florida Realtors® Public Policy Representative. He said, this week legislators are back in session in Tallahassee. On the Senate agenda is a discussion regarding short-term rentals.

He asked Realtor® Broker Marilue Maris from Walton County in the Panhandle to tell us how access to the gulf there is regulated. She described how beach access and use by the public is limited to only the areas of “wet” sand, with security guards sometimes patrolling to ensure that non-property owners don’t settle their chairs or blankets in dry areas. Wow!

Next week, I will be attending a “Florida Real Estate Trends” update by Florida Realtors® Chief Economist Dr. Brad O’Connor. He is scheduled to update policymakers, residents, and Realtors® on what is ahead in 2022. Real estate drives Florida’s economy and as the COVID-19 pandemic continues into its second year, it sure would be nice to know what lies ahead.

Also on the agenda next week are the Forms Content Committee meeting, and Legal and Professional Standards Update – also good stuff to stay up on.

Sanibel & Captiva Islands Association of Realtors®

Tuesday was the first 2022 meeting of the local Association’s Professional Development Committee. Many educational classes for members already are scheduled with the focus of this meeting speakers for the upcoming monthly membership meetings. The first of those is February 24.

Our annual Realtors® lnstallation and Awards Breakfast was early yesterday at The Community House. Attendance was lighter than in normal times, but it was great to see many familiar faces in-person for the first time in more than two years.

Congratulations to the incoming Board of Directors and Officers (shown in the Association photo above) and the many “of the year” awards including 2021 Honor Society recipients (my 29th year).

Though 2021 was a record one for island sales, we all hope that 2022 will be safer, less stressful – and that there will be more product to sell. The details on the activity posted since last Friday in the islands MLS are below.

Sanibel & Captiva Islands Multiple Listing Service Activity January 7‑14, 2021

Sanibel

CONDOS

1 new listing: Sundial #G104 2/2 $875K.

2 price changes: Mariner Pointe #421 2/2.5 now $759K, Sunset South #11C 2/2 now $1.095M.

No new sales.

1 closed sale: Pointe Santo #C3 3/2 $1.095M.

HOMES

No new listings.

1 price change: 3324 Saint Kilda Rd 4/4 now $2.995M.

9 new sales: 804 Rabbit Rd 2/1 listed at $499K, 458 Lake Murex Cir 3/2 listed at $925K, 1133 Sand Castle Rd 3/2 listed at $945K, 1251 Sand Castle Rd 4/3 listed at $1.05M, 4737 Rue Belle Mer 3/2 listed at $1.6M, 719 Periwinkle Way 4/3 listed at $1.895M, 500 Kinzie Island Ct 3/3 listed at $2.295M, 5415 Osprey Ct 3/3 listed at $2.495M, 1360 Eagle Run Dr 5/3.5 listed at $2.695M.

1 closed sale: 1278 Sand Castle Rd 4/3 $1.526M.

LOTS

1 new listing: 845 Pyrula Ave 525K.

No price changes or new sales.

1 closed sale: 3308 Saint Kilda Rd $640K.

Captiva

CONDOS

No new listings.

1 price change: Land End Village #1659 2/2 now $1.345M.

1 new sale: Sunset Beach Villas #2236 2/2 listed at $1.3M.

1 closed sale: Gulf Beach Villas #2122 2/2 $1.075M.

HOMES

No new listings or price changes.

1 new sale: 57 Sandpiper Ct 2/2 listed at $1.399M.

No closed sales.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® 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 the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Below is our ad from today’s “Island Sun”.

Enjoy your weekend! Susan Andrews, aka SanibelSusan

Just Another January Friday on Sunny Sanibel Island

Following up on grumblings last week about heavy traffic, there was a huge reprieve on Monday after holiday visitors left and Lee County Schools reopened. As teammates reminded, there usually is a 2+week window after New Year’s until traffic picks up with more snowbird returns. Then it should be busy again through February and March, or until Easter.

Weather-wise, as islanders watched much of the country experience snow and freezing cold, a cool front passed through Florida Sunday night. That resulted in us enjoying lower humidity and breezy sweater weather both Monday and Tuesday. The forecaster now says the muggy meter is amping up again with warm weather expected until the next cool front which is scheduled to arrive next week when it again may dip into the low 70’s during the day. That’s the best winter weather!

I took a quick spin down to the lighthouse this afternoon on my way back to the office. Christmas décor is gone and bay/gulf waters are looking good. Here are a few pix from 1:30 p.m. when my car said the temperature was 78 degrees F.

Real Estate Scoop

At SanibelSusan Realty, teammate Dave had a busy week accompanying home inspections both Monday and Tuesday, followed by a contractor visit to one of the properties today. With many year-end closings and our island inventory list updated, we all have been working on the database for our big annual mailout which we hope to send out later this month.

Meanwhile, we are working on closing activities for our five sales and beating the bushes looking for new listings. As of this afternoon, according to the Sanibel & Captiva Islands Multiple Listing Service, there are just 12 condos, 20 homes, and 19 lots for sale on Sanibel – even fewer on Captiva, just four condos and eight homes for sale.

At the state level, Florida Realtors® 2022 Mid-Winter Business Meetings in Orlando are coming up. Many of the meetings again this year are being offered via Zoom as well as in person. I will be attending the Resort and Second Home Think Tank later today, and next week will be at the Forms Content Committee Meeting and the Legal and Professional Standards Update.

On Sanibel, our annual Association of Realtors® lnstallation and Awards Breakfast is next Thursday at The Community House.

The action posted since last Friday in the islands MLS follows a couple of news items below.

Buyers Who Waited for Lower Prices May Regret It

Here’s an article posted at FloridaRealtors® on-line on Dec 20, 2021 and sourced to the South Florida Sun-Sentinel:

“Some buyers postponed searches, assuming prices would drop as they did in the last recession. But now homes they once considered are financially out of reach.

“FORT LAUDERDALE, Fla. – As South Florida home prices spiked during the pandemic, some people decided to put their home shopping on pause in the hopes that prices might drop, a decision they are coming to regret.

“Now, a year-and-a-half into record price growth and dwindling inventory, non-buyers are stuck in a precarious situation: they want to buy but are facing higher prices than they did when they first started searching, and they’re finding themselves at risk of being priced out of the South Florida real estate market…. Homes prices jumped, no slowdown in sight.

“Homes prices skyrocketed in South Florida during the pandemic, as intense demand from out of state buyers dovetailed with historically low inventory to create an intense seller’s market where buyers were often faced with paying over asking price and losing out in bidding wars.

“In a market where it’s common for buyers to lose out and face multiple bidding wars, it can cause home shoppers to get discouraged and more hesitant to buy, explained Brian Pearl, principal agent with the Pearl Antonacci Group in Boca Raton. “I’ve had buyers regret waiting more recently, given that the market hasn’t slowed down like they thought it would by now,” he added.

“He’s not the only Realtor to have clients face this issue. Jeff Creegan with Re/MAX Services in Boca Raton said about 30-40% of his clients in the last year end up trying to wait out the housing market. Many were wary of buying in the spring or even last summer as they watched prices skyrocket, only to see them rise even more as the year comes to a close. The overall sentiment, he said, is that they made a mistake in trying to wait out the market.

“Now, as they begin to look again, buyers say they are greeted with homes that are $100,000 more expensive. As a result, Creegan said, “They are looking in different markets, like in Southwest Florida or more affordable markets.”

“In February of 2021, the median sale price of a home in Miami Dade County was $450,000, a 21% increase from the year before, according to numbers from the Broward, Palm Beach and St. Lucie Realtors. For Broward County, the median sale price of a home was $433,000, a 12% increase from the year before. For Palm Beach County, the median sale price of a home was $450,000, a 24% increase from the year prior.

“Flash forward to October of 2021, when median sale prices rose 19% from the year before in Palm Beach County to $500,000 in October. For Broward County, the median sale price of a home was $489,000 in October, a 17.8% annual increase. In Miami Dade County, the numbers shot up 12.6% to $490,000 for October….

“The housing crash of 2007 is likely still fresh in a lot of potential buyers’ mind, noted Eli Beracha, director of the Hollo School of Real Estate at Florida International University, and is potentially one of the reasons that they are trying to wait out the housing market. Beracha also noted, however, that the forces fueling this housing market are different. “We had an excess of supply last time [in 2007]; we don’t have that this time. If you don’t have excess supply, it’s hard for the market to correct in a significant way.” In other words, he does not see a dramatic bust in our future.

“Out-of-state home shopper Dr. Ketang Modi, his wife and two daughters are making the move from New Jersey to Broward County and are looking for a home that is around 4,500 square feet with a minimum of four bedrooms. When they searched previously, they looked at homes in a community in Davie that were priced around $1.2 million, and now, four months later, prices are hitting $1.6 million, prompting him and his family to consider renting to wait out the market. “Everything is overpriced,” he lamented. “I’m not sure when there will be a correction or when prices will stabilize.””

Expected Market Drivers in 2022

Several real estate forecasters have published their 2-cents worth on what 2022 will bring to the business. Here are some favorites that likely apply to real estate on Sanibel & Captiva.

International Buyers – For years, Florida has been a favored destination for international buyers, mostly those from Canada and Europe. That trend came to an abrupt stop with COVID travel restrictions in early 2020. Now that borders are reopening, a surge of international buying is expected with more action expected than in the past two years. Florida is the top state for wealthy individuals and families who want to acquire residences outside their home country.

Listings from Baby Boomers – Demand for homes is expected to continue to outpace supply. Nationally, boomers (those 55 to 75) own 42% of homes. With many facing health issues, including mobility, which can impact their ability to live independently. This generation controls the single-family home inventory with a huge portion of these homes coming on the market in the next few years.

Affordability – Gen Z and millennials are posed to enter Florida’s housing market – provided they can afford it. In the past two years, real estate prices have risen dramatically with no sign of a downturn in 2022. Many prospective buyers – all ages – already are finding they are priced out of the island market.

Inflation – Inflation returned to the U.S. economy in 2021. From construction materials to home appliances and automobiles, supply chain shortages are pushing prices up for consumers. A global energy shortage is also increasing prices of gasoline, oil, and natural gas. While some economists expect these pressures to subside in 2022, changes in the Consumer Price Index (CPI) and the Federal Reserve actions that affect interest and mortgage rates also may affect real estate sales.

Sanibel & Captiva Islands Multiple Listing Service Activity December 31 – January 7, 2021

Sanibel

CONDOS

1 new listing: Pointe Santo #C26 2/2 $1.279M.

No price changes.

3 new sales: Breakers West #C2 2/2 listed at $749K, Sand Pointe #222 2/2 listed at $1.125M, Tarpon Beach #110 2/2 listed at $1.35M.

5 closed sales: Sundial #H410 1/1 $422.5K, Seashells #43 2/2 $588K, BlindPass #A202 2/2 $610K, Breakers West #C4 2/2 $692K, Sanibel Surfside #213 2/2 $875K.

HOMES

9 new listings: 1948 Roseate Ln 2/2 $769K, 458 Lake Murex Cir 3/2 $925K, 1133 Sand Castle Rd 3/2 $945K, 1398 Jamaica Dr 2/2 $995K, 1251 Sand Castle Rd 4/3 $1.05M, 2695 Wulfert Rd 4/4/2 $1.895M, 500 Kinzie Island Ct 3/3 $2.295M, 5415 Osprey Ct 3/3 $2.495M, 4322 West Gulf Dr 4/3.5 $3.45M.

No price changes.

4 new sales: 1948 Roseate Ln 2/2 listed at $769K, 1305 Par View Dr 3/4 listed at $1.749M, 2695 Wulfert Rd 4/4/2 listed at $1.895M, 1146 Golden Olive Ct 5/4 listed at $2,999,999.

5 closed sales: 534 Piedmont Rd 3/2.5 $725K, 3840 West Gulf Dr 3/2.5 $1.596M, 1220 Morningside Pl 6/4 $1.8M, 1356 Eagle Run Dr 5/5.5 $2.145M, 927 Kings Crown Dr 3/3.5 $2.295M.

LOTS

Nothing to report.

Captiva

CONDOS

No new listings or price changes.

1 new sale: Beach Villas #2236 2/2 listed at $1.3M.

2 closed sales: Beach Villas #2626 1/1 $684K, Bayside Villas #4306 3/3 $935K.

HOMES & LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® 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 the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Below is our ad from today’s “Island Sun”.

Until next Friday, Susan Andrews, aka SanibelSusan

It’s Almost 2022 on Sunny Sanibel

As the sun gets ready to set on another year, why is it always a surprise when the islands are snarled with traffic during Christmas/New Year week? With mostly delightful weather (sunny with daytime temperatures high-70’s to mid-80’s), the causeway has been a slow crawl in the mornings from before the toll booth coming onto the island through the 4-way stop and down Periwinkle Way.

About 3 p.m., the same crawl begins in reverse making it a fun ride home in the evening. It sure appears that more folks have been enjoying things on-island this year.

Today, with holiday closings, there is less traffic and it started out foggy – an unusual occurrence here. It burned off about noon, but more fog is expected tomorrow morning with a cool front forecast to pass through Florida Monday. (That probably means daytime temperatures then will only go into the low 70’s that day.) Otherwise, the next ten days are expected to be sunny and warm.

A summary of the week’s real estate activity is after a couple of news items below. There have been a few more year-end closings so first an updated island inventory table. (Data from Sanibel & Captiva Islands Multiple Listing Service as of 12/31/21.)

Hard to believe that there are only 19 Sanibel condos/homes for sale and that nearly 700 have gone under contract/sold this year.

 

 

Status

SANIBEL CAPTIVA
Condos Homes Lots Condos Homes Lots
# Avg $ # Avg $ # Avg $ # Avg $ # Avg $ # Avg $
For sale 14 1,160,628 15 2,922,733 19 630,210 4 2,684,750 8 6,248,000 0 N/A
Under contract 27 900,883 31 1,662,258 7 676,840 5 905,600 3 5,361,333 0 N/A
Sold 2021 284 877,655 355 1,341,881 68 703,830 62 1,161,369 44 2,988,520 2 2,950,000

New Year Weekend Happenings

  • San-Cap Motor Club Cars and Coffee Cruise-in – Sat, Jan 1 at Periwinkle Place – 9 a.m. to 11 a.m.
  • Sanibel-Captiva Audubon Society Bird Walk – Sat, Jan 1 on Wildlife Dr at J.N. “Ding” Darling Wildlife Refuge at 9 a.m. Meet in overflow parking lot on left as you enter the Refuge. On a side note, the Society’s annual Christmas Bird Count conducted Sun, Dec 18, with 108 participants counted a total of 10,869 birds comprised of 96 different species. The results of the San-Cap count are reported to the National Audubon Society and will become part of the 122nd Audubon Christmas Bird Count. The overall count was below average. Warm temperatures up north may have delayed migrations could have played a part.
  • Sanibel-Captiva Polar Bear Plunge 2022 – Sat, Jan 1 at northside of Sanibel Causeway Island B. (Island closest to Sanibel). Registration begins at 11:30 a.m. At “crack of noon”, swimmers will plunge into the “frigid” (70 degree) water to kick off the new year!
  • Community House Arts & Crafts Show – Sun, Jan 2 from 9 a.m. to 2 p.m.

New Lending Rules Threaten Some Condo Sales

By Kerry Smith, the below article was posted Dec 22 on FloridaRealtors®:

“Fannie and Freddie tighten condo-lending rules. Details vary, but they generally won’t back single-unit condo loans if a building has deferred maintenance issues.

“ORLANDO, Fla. – In response to the Surfside tragedy, Freddie Mac announced last week that it would immediately start taking a closer look at a condo development’s maintenance issues before approving individual loans. The change follows a similar announcement made earlier by Fannie Mae. The two mortgage giants back over half of all U.S. loans.

“The new requirements can be complex – Freddie Mac posted its announcement online – but they will generally deny condo and co-op unit loans if the building has deferred maintenance issues, special assessments to fix deferred issues or other problems.

“All changes announced in Freddie Mac’s bulletin “will be effective for Mortgages with Settlement Dates on or after Feb. 28, 2022.” Fannie Mae’s earlier bulletin says its rules will be “effective for whole loans purchased on or after Jan. 1, 2022, and for loans delivered into MBS pools with issue dates on or after Jan. 1, 2022.”

“Both policies “remain in effect until further notice.”

“As part of the process, Fannie Mae lenders will send condo managers a five-page form that must be completely filled out. Under the section that covers insurance types and amounts, it even includes instructions, such as “Do NOT enter ‘contact agent.’” The regulations apply to all condominiums with five or more units, even if that complex is otherwise exempt from review.

“While individual condo buyers may immediately face hurdles getting a loan approved, the tighter policies could have a longer-term impact on entire condominium complexes. Even condo associations without concerning maintenance issues could find that unit owners – without the backing of Fannie Mae and Freddie Mac – will have a harder time selling their property if the new paperwork isn’t filled out correctly and returned promptly.

““Loans secured by units in condo and co-op projects with significant deferred maintenance or in projects that have received a directive from a regulatory authority or inspection agency to make repairs due to unsafe conditions are not eligible for purchase,” Fannie Mae states in its Oct. 13 announcement. And those projects “will remain ineligible until the required repairs have been made and documented.”

Fannie Mae considers acceptable documentation to be “a satisfactory engineering or inspection report, certificate of occupancy, or other substantially similar documentation that shows the repairs have been completed in a manner that resolves the building’s safety, soundness, structural integrity, or habitability concerns.”

“While Fannie Mae and Freddie Mac’s changes apply nationwide, Florida may feel a greater impact due to the number of condo buildings across the state. In addition, condo complexes that have deferred maintenance issues or one of the other problems noted won’t be approved for Fannie Mae- or Freddie Mac-backed loans until those issues have been fixed.”

Updated Captiva Land Development Code & Regulations

Realtors® were noticed this week (see letter below) following amendment approvals to Captiva’s land development code by the Lee County Board of County Commissioners. The new code revisions are shown below in red while some rule reminders are included too:

“CAPTIVA COMMUNITY PANEL

P.O. Box 72, Captiva, FL 33924-0072

“Dear Captiva Property Owners and Companies Doing Business on Captiva:

“The Lee County Board of County Commissioners has just approved amendments to the Captiva land development code. These changes were recommended by the Captiva Community Panel and they will keep our Village beaches pristine at the end of each day, protect our dark skies and reduce unnecessary light trespass onto neighboring properties, protect our bicyclists and pedestrians from dangerous conditions caused by overgrown vegetation on Captiva Drive, and reduce the number of contractor, design professional and real estate signs on our islands.

“It is important that all of us who live and work on Captiva review these new updates to the code as well as existing provisions which protect and preserve our fragile barrier island. The Panel believes in the power of community and in voluntary compliance with our codes and ordinances. Enforcement on Captiva should be necessary only as a last resort.

“To assist us, the Panel has summarized the new code provisions (in red) and reminds everyone of some of the existing regulations that apply to Captiva (in black). Please remember that Captiva is an unincorporated part of the Lee County and that many Lee County regulations (in addition to the Captiva-specific rules) apply to Captiva. We ask everyone to comply with them all.

Beach Furniture and Equipment

All beach furniture and equipment when not in use and unoccupied must be removed from the beach between 9:00 p.m. and 8 a.m. at all times of the year between Alison Hagerup Park and the south end of Wiles Drive. Beach furniture and equipment not removed shall be considered abandoned property and subject to removal.

Remember: A similar rule applies to the rest of Captiva’s beaches during turtle season – from May 1 to October 31.

Outdoor Lighting

            All new outdoor lighting, including landscape spotlights, must be hooded or shielded so that the light source is masked, and does not shine beyond or above the structure, property or highest foliage to be illuminated or spill onto adjacent property. Fixtures attached to poles, trees or buildings must also be hooded or shielded, shall be no more than 15 feet above grade, and directed downward. No new or existing lights may be aimed, directed, focused onto adjacent property, or allowed to cause direct light or glare to be projected onto adjacent property. Seasonal decorations are permitted for up to 60 days per year.

“Captiva Drive Landscaping

No vegetation shall be allowed to grow on Captiva Drive or its paved shoulder. A setback of at least 2 feet from the edge of the pavement must be maintained at all times for all vegetation below the height of 8 feet.

“Signs on Captiva

            All residential identification signs shall not exceed 6 square feet. Remember: The height of these signs may not exceed 4 feet above grade. If illuminated, the lights must shine downward and wattage may not exceed 36 watts per sign. Uplighting is prohibited and approval for electric hookup to illuminate a new sign must be obtained from Lee County.

All contractor, subcontractor, or design professional signs shall not exceed 6 square feet. There may be no more than 2 signs per property and they must be removed within 10 days of the issuance of the certificate of occupancy or certificate of compliance. Remember: Any design professional, landscaper or contractor signs not located at a work site under construction are prohibited and must be removed.

All real estate signs advertising a property for sale or rent in a residential neighborhood may not exceed 2 square feet in size with the bottom edge of the sign no more than 12 inches above the ground. A property is limited to one real estate sign at any given time.

Remember: Sandwich signs, banner signs, pennants, flying signs and neon signs are prohibited on Captiva. (There are some exceptions for short-term special events.)

“DON’T FORGET

            Rentals: Residential dwelling units cannot be rented for less than a week on Captiva. The one-week minimum does not apply to rooms in hotels and motels.

Golf Carts: Golf carts can operate between South Seas and ‘Tween Waters, and at night with the required lights and equipment. But no one can operate a golf cart on Captiva without a valid driver’s license.

Parking: Parking on all Captiva streets is prohibited.

Littering: It is unlawful for any person to place litter on a street, beach, or waterway on Captiva. Litter includes cans, bottles, boxes, straws, paper, and cigarette butts.

Open Containers: It is illegal to carry an open alcoholic beverage or drink any alcoholic beverage on a street, sidewalk, beach, or parking lot on Captiva. It is also illegal to have an open container of an alcoholic beverage while a passenger in a car or on a golf cart.

Dunes: No person may harm or destroy a dune or dune vegetation on Captiva, or harass, molest or disturb wildlife. And no one may light or maintain any open fire on the beach.

Building Height Restrictions: Captiva has very strict building height restrictions and requirements from which no variances or deviations can be permitted. Anyone planning construction should review these regulations carefully.

“Please remember: This letter only summarizes the new regulations – and only lists some of the existing ones. If any of them apply to you, it is important to review the full text of the regulation. Amendments to our Noise, Fertilizer, Parking, Golf Cart and Septic regulations have been presented to the County for future adoption.

“2021 CAPTIVA COMMUNITY PANEL

Members: Ann Brady – Jay Brown – Ken Gill – John Jensen – Mike Kelly – Linda Laird

Mike Lanigan – Tony Lapi – R. Bruce McDonald – David Mintz – Bob Walter”

Sanibel & Captiva Islands Multiple Listing Service Activity December 24-31, 2021

Sanibel

CONDOS

1 new listing: Pointe Santo #D41 2/2 $1.45M.

1 price change: Gulfside Place #117 2/2 now $1.789M.

3 new sales: Blind Pass #D102 2/2 listed at $625K, Sanibel Moorings #1132 2/2 listed at $799K, Pointe Santo #D37 2/2 listed at $1.395M.

3 closed sales: Captains Walk #B4 2/2 $510K, Loggerhead Cay #422 2/2 $769.9K, Sedgemoor #205 3/4 $4.27M.

HOMES

1 new listing: 2114 Egret Cir 3/2 $769K.

No price changes.

4 new sales: 9217 Dimmick Dr 3/2 listed at $699K, 5307 Ladyfinger Lake Rd 3/3 listed at $865K, 1347 Jamaica Dr 2/2 listed at $1.498M, 2711 Wulfert Rd 4/4/2 listed at $1.595M.

9 closed sales:  1667 Atlanta Plaza Dr 2/1.5 $650K, 1841 Ibis Ln 2/2 $680K, 4226 Gulf Pines Dr 3/2 $852K, 2539 Coconut Dr 2/2 $1.1M, 1585 Sand Castle Rd 3/2.5 $1.2M, 1410 Sanderling Cir 3/2 $1.2M, 737 Periwinkle Way 3/3 $1.9M, 807 Limpet Dr 3/2 $2.15M, 1146 Golden Olive Ct 5/4 $2.9M.

LOTS

Nothing to report.

Captiva

CONDOS

No new listings, price changes, or new sales.

1 closed sale: Bayside Villas #5320 3/3 $1M.

HOMES

No new listings or price changes.

2 new sales: 16897 Captiva Dr 5/5.5 listed at $4.989M, 11548 Wightman Ln 4/4.5 listed at $7.5M.

1 closed sale: 15300 Captiva Dr 9/7 $6.19M.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® 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 the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Below is our ad from today’s “Island Sun”.

Happy New Year! Wishing your good health & safety, happiness & colorful sunsets in 2022!

Susan Andrews, aka SanibelSusan

The SanibelSusan Team is Grateful! Another Listing Sold Christmas Eve Morning!

After a couple of breezy days earlier in the week, the cool front now has passed through Florida. It caused more winter-like temperatures with lows into the 60’s both Tues and Wed nights, while daytime temps barely got into the 70’s. Low humidity too, which is a welcome change.

The forecasters say that today through Christmas and the days after, island temperatures again will reach into the 80’s. I just drove up Periwinkle and my car says it’s 75 degrees at 1 p.m. Christmas Eve. Great weather for a tropical holiday! Guess, we can save our holiday sweaters for another year.

This week and next, there are no Realtor® meetings/caravans scheduled, but teammate Dave held another Open House at our Sealoft Village listing just before it went under contract Tues. It was a busy week for all of our listings, with a nice closing on Monday and multiple offers on the others.

By this morning all of them are under contract. One condo sold by a Sanibel Realtor®, another by one from Ft. Myers, while I was the lucky one to put our last listing under contract. What a great Christmas Eve Day! We are thankful

It looks like this sale surge will continue into 2022. Supply and demand are in control with demand high and supply so limited. The SanibelSusan Team doesn’t see that changing anytime soon. Prospective buyers on the sidelines waiting for the market to normalize, may find that this is the new normal. We just hope we can find enough new listings to satisfy their needs.

The week’s details about the action in the Sanibel & Captiva Islands Multiple Listing Service follow a couple of news items below. First another update of island inventory today based on data from the islands MLS.

On Sanibel, just 53 properties (including condos, homes, & lots) are for sale,15 on Captiva. Year-to-date, 695 Sanibel properties have sold/closed, 106 on Captiva, plus another 69 are under contract on Sanibel, 7 on Captiva. Never, ever has the market been like this!

 

 

 

Status

SANIBEL CAPTIVA
Condos Homes Lots Condos Homes Lots
# Avg $ # Avg $ # Avg $ # Avg $ # Avg $ # Avg $
For sale 16 1,103,050 18 2,644.111 19 630,210 4 2,684,750 11 6,247,545 0 N/A
Under contract 26 1,011,144 36 1,691,027 7 676,840 6 913,000 1 3,595,000 0 N/A
Sold to 12/24/21 281 867,274 346 1,340,276 68 703,830 61 1,164,014 43 2,914,067 2 2,950,000
Sold 2020 192 733,876 290 954,718 23 606,233 47 821,713 27 2,923,148 4 2,537,500
Sold 2005 232 758,507 260 1,028,584 68 496,726 45 863,642 31 2,309,758 0 N/A

Shell Museum Announces New Classes

The Bailey-Matthews National Shell Museum recently announced a new 2022 class lineup for adults. Taught by museum Curator and Science Director Dr Jose H. Leal, senior marine biologist Rebecca Mensch, and professor of drawing with Florida Gulf Coast university Ehren Gerhard, the spring lineup includes:

  • Feb 10 – Fantastic Shells & Where to Find Them
  • Mar 2 – San Carlos Bay – Bunche Beach Marine Biology & Field Lab
  • Mar 17 – Biodiversity & Taxonomy of Molusks
  • Mar 31 – Drawing & Illustrating Shells
  • Apr 13 – Shell Morphology: Understanding Shell Descriptions

Also, on the 4th Tues of each month January through June, beginning at 5:30 p.m. after the museum, closes, they are offering “After Hours in the Aquariums” which will enable participants to experience the aquariums and marine life of the Living Gallery in an interactive program. Program tickets will include admission, tour, snacks, choice of beverage, and one museum pass redeemable for a future visit. Maximum capacity per event is 15 attendees, registration required at www.ShelMuseum.org/after-hours. Or for the classes, register at www.ShellMuseum.org/classes.

Living Shoreline Structure Completed on Woodring Rd

In their Wed, e-mail update, Sanibel-Captiva Conservation Foundation (SCCF) posted a link to this article:

“Mangrove wetland habitats lining Southwest Florida’s coastlines are highly effective in diminishing wave action and damage from high winds. They also trap pollutants and provide crucial habitat for a host of sea life, including the endangered small-tooth sawfish (Pristis pectinata). When biologists notice areas of mangrove-covered shorelines disappearing from erosion, it is a cause for serious concern.

“Nearly 18 months ago, a Dutch marine biologist contacted SCCF about designing, funding, and installing a pilot project on Sanibel to protect mangroves threatened by erosion. This project, completely funded by the Dutch government, will provide an alternative to concrete and riprap, which often lead to additional mangrove loss.

“The Netherlands-based company, BESE Products, uses a biodegradable habitat restoration structure made from the production waste of potato chips and french fries. The waste is collected in the Netherlands and sent to Germany, where it is manufactured into a 3D lattice that helps deposit sediment and can protect mangrove seedlings along high-energy shorelines, such as those along Woodring Road. The goal of this project is to protect the mangroves along Woodring Road, a stretch of Sanibel’s shoreline that has been gradually disappearing over the past few decades.

“SCCF Coastal Watch volunteers spent several hours helping prepare these elements for installation. Hundreds of biodegradable sheets needed to be snapped together to form the completed structures. Volunteers also attached thousands of oyster shells to the structures to promote oyster attachment and growth. Volunteers handily completed this tedious task.

“On installation day, Dec. 20, the BESE structures were placed with rebar just off the shoreline along Woodring Road. With the assistance of 15 volunteers planting mangroves, hammering rebar, and transporting the material to the project site, the installation was completed in two hours. The newly installed temporary structures will allow a surface for oysters to start forming a reef and protect the mangroves from high wave action. The BESE structures are expected to last up to five years and leave behind an established oyster and mangrove habitat. If successful, this will be a positive alternative for future restoration projects.”

Florida. Grand Jury Recommends More Condo Inspections

Posted last weekend by Florida Realtors® and sourced to The Associated Press:

“A Grand Jury tasked with recommending Fla. condo law changes in the wake of the Surfside collapse wants more inspections, less corrosion and faster reporting.

“MIAMI (AP) – A Florida grand jury issued a lengthy list of recommendations Wednesday aimed at preventing another condominium collapse like the one that killed 98 people in June, including earlier and more frequent inspections, and better waterproofing.

“In its report on the Surfside collapse, the Miami-Dade County Grand Jury called on state and local officials to require condominium towers to have an initial recertification inspection by an engineer between 10 and 15 years after their construction and every 10 years thereafter. Currently, Miami-Dade and neighboring Broward County require inspections at 40 years. Other Florida counties have no requirement.

“Champlain Towers South, built in 1981, collapsed June 24 as its 40-year recertification was due. No cause of the collapse has been determined, but records show the building had significant structural damage in its underground parking garage. An engineer had already concluded that $15 million of repairs would be required to bring it up to code. Some of the damage at the oceanside building is believed to have come from saltwater in the air.

“The grand jury report laments that the state repealed a requirement imposed in 2008 requiring that all condo towers bigger than three stories be inspected every five years. The requirement was repealed two years after it was imposed because it was deemed too costly. “In hindsight, it would appear the Legislature’s repeal of that statute was a huge mistake!” the report says.

“Other recommendations include:

  • Requiring that condo towers be repainted and waterproofed every 10 years to prevent corrosion.
  • Having local governments increase the size of their building departments, including by hiring more inspectors.
  • Suspending for at least a year the licenses of engineers and architects who submit false or misleading recertification reports and barring their employers from doing such inspections for the same period. Requiring that a second offense result in a license revocation.
  • Requiring architects and engineers who find severe structural damage during an inspection to report it to local officials within 24 hours and not just to the condo board.
  • Requiring condo board owners to take courses on their role in overseeing building maintenance and effectively managing a building’s finances.”

Sanibel & Captiva Islands Multiple Listing Service Activity December 17-24, 2021

Sanibel

CONDOS

4 new listings: Sanibel Moorings #1132 2/2 $799K, Heron at The Sanctuary III #1B 3/2.5 $875K, Sand Pointe #218 2/2 $1.099M, Pointe Santo #D37 2/2 $1.395M.

1 price change: Gulfside Place #210 2/2 now $1.5999M.

7 new sales: Duggers #1 1/1 listed at $475K, Ibis at The Sanctuary #A101 2/2 listed at $665K, Donax Village #7 2/2 listed at $699K (our listing), Donax Village #9 2/2 listed at $750K, Sanibel Surfside #213 2/2 listed at $899K, Sealoft Village #109 2/2 listed at $899K (our listing), Tarpon Beach #106 2/2 listed at $1.095M.

2 closed sales: Donax Village #10 1 /2 $555.5K, Atrium #106 2/2 $1.71M.

HOMES

1 new listing: 543 East Gulf Dr 2/2 $3.5M.

No price changes.

3 new sales: 644 Lake Murex Cir 3/2 listed at $869K, 3702 Coquina Dr 2/2 listed at $899K, 857 Birdie View Pt 3/2.5 listed at $1.795M.

3 closed sales: 719 Durion Ct 3/2 $995K, 375 East Gulf Dr 5/5 $2.9M (our listing), 1320 Seaspray Ln 3/4.5 $3.765M.

Resort-like pool at 375 East Gulf Dr

LOTS

No new listings, price changes.

1 new sale: 860 Lindgren Blvd listed at $1.2M (our listing & sale).

No closed sales.

Captiva

CONDOS

1 new listing: Beach Villas #2635 3/3 $1.6M.

No price changes, new or closed.

HOMES & LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® 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 the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Below is our ad from today’s “Island Sun”.

The team and I wish you a wonderful Christmas and safe/healthy 2022. Though the office will be closed tomorrow and New Year’s Day, we will be on our electronic devices and look forward to another successful year. We appreciate our readers and look forward to their business!

Happy holidays!

Susan Andrews, aka SanibelSusan

White Christmas Here = Beach Sand & Seashells

Susan here, reporting that Florida warm weather continued this week with daytime temperatures in the high 70’s to mid-80 degrees F. Island roadways have been getting busier by the day with early arrivals of holiday visitors.
Even after living almost 30 years on Sanibel, it still is a surprise when Christmas sneaks in with temperatures like this. It’s great!

At SanibelSusan Realty

Our phones were noticeably quieter this week, probably with many shopping and concentrating on upcoming celebrations.
The activity posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of other news items below.
Next Friday (Christmas Eve day), the SanibelSusan Team has the day off. Like on New Year’s Eve the following Friday, you still can expect to see an update posted on the week’s happenings. I won’t ever forget the year that I sold a house on Christmas Day, so even when we are not in the office, we are just a phone call or electronic message away, and always respond quickly. Technology is our friend.
This morning, I had a pre-closing walk-through and seller document signing at Superior Title, before the actual buyer walk-through on Sunday, and closing on Monday. Title companies are super busy in December with many sales to finalize before the end of the year. We always appreciate when some of the closing activities can be done before the actual closing day, especially with holidays fast approaching. That will be our last closing of 2021 and a nice one to report next week.

Singing Your Way Into Christmas

Always fun this time of the year to remember some familiar tunes that have been modified to fit our island paradise. Here are a couple of songs that the BIG ARTS Community performed in past years and still apropos now. Bet if you read the words, you start humming.
Sung to the tune of “Winter Wonderland”, words by Doug MacGregor:
Seagulls sing, are you list’nin’?
At the beach, surf is glist’nin’
A beautiful sight, a sunset tonight
Walking’ in a winter wonderland.
Stored away are the snow skis
Here we stay in our short sleeves
You sing a new song, “This is where I belong!
Livin’ in a winter wonderland.
In the yard, we can trim a palm tree,
Then pretend to shovel lots of snow
You’ll say “Do you miss it?”, I’ll say, “no ma’am”
“I feel younger by the minute don’t you know.
Later on, we’ll conspire
And grill some shrimp on the fire
The plans we have made include sun and some shade
Walkin’ in a winter wonderland.
This one with words modified by Mike Bugler is to the tune of ”Here Comes Santa Claus”:
We’re on Sanibel, we’re on Sanibel
We just got here by plane
Escaped the snow & bitter cold
Snowbird is my name
Seashell bringin’, ocean swimmin’
The sun is always real bright
So, let’s give a thought to our friends up north
Whilst we’re having fun tonight
We love Sanibel, we love Sanibel
Warmer down here than Maine
Deck chairs set out on the beach
More sunshine here than rain
Sip that cocktail, spray that suntan
All here just seems just so right
We’re not going north for another few months
So, let’s all have fun tonight

Realtors® Get Update on Water

Yesterday was the December membership breakfast meeting at the Sanibel & Captiva Islands Association of Realtors®. Chauncey Goss, former Sanibel City Councilor and son of Sanibel’s first mayor was the guest speaker. With a long career in public service, Chauncey currently is Chairman of the governing board of the South Florida Water Management District (SFWMD). Here are few highlights from his presentation:
SFWMD began in 1949 and expanded as a result of the Water Responsibilities Act of 1972. Today several projects are underway that are part of the solution to improving Florida’s water quality. The C-44 reservoir project which mostly affects the St. Lucie River and Florida’s east coast was just completed in November. The filling of that reservoir has just begun. This is the first major project to be completed in 21 years. (I can attest to that with our local and state Realtors® working hard during that time to keep water issues in the hearts and minds of FL property owners and their legislators. The fight must continue as water is a major ingredient in real estate here.)
Chauncey offered some distance references to put the expansive work of SFWMD in perspective. Would you believe the distance of the waterways they manage is like from going from here to Quebec. Over a million acres are under their management including some big marshes which are wonderful not only for the protection they provide, but for birdwatching!
C-43 is the west coast basin which more greatly affects what happens with water here. That project is expected to complete in May 2022. About 67% complete now, you can see it on the right on Rte 80 on way to LaBelle. The storage reservoir for that project is expected to be completed in Dec 2023 and will be ~3 miles by 6 miles (that’s like half the size of Sanibel).
The third project he highlighted is the FAA Reservoir Project which is in the Everglades Agricultural Area. This one also will have a storm water treatment area. Construction is expected to complete in Sep 2023.
Managing Florida’s water quality requires efforts from multi-agencies and multi-solutions. Chauncey urged attendees to remind their customers to stay attuned to water quality issues.

Islands To Receive $ for Beach Shoreline Projects

At their Dec 7 Lee County Board of County Commissioners meeting, funds were approved for local beach and shoreline projects including approximately $2.43 million for Sanibel/Captiva. The commissioners voted to approve interlocal agreements to fund 17 projects across Lee County using more than $4.5 million tourist development tax dollars. Among the agreements, Sanibel will receive $2,070,100 and the Captiva Erosion Control District (CEPD) will get $358,500.
On Sanibel, the City requested and received in full: $1,605,100 for facility beach maintenance, $225,000 for the Bowman’s Beach bridge replacement, $200,000 for changing room rehabilitation at Bowman’s Park, and $40,000 for beach erosion monitoring.
On Captiva, the CEPD requested and received $127,500 for beach park maintenance. It also requested $680,000 for Alison Hagerup parking lot upgrades but was approved for $231,000.
The county reported that beach and shoreline project funding accounts for 26.4% of the proceeds from the tourist development tax assessed on short-term lodging, such as hotels, resorts, and motels. For more info, visit www.leevcb.com/funding-programs/beach-and-shoreline.

New Restaurant Alert

I saw yesterday on Facebook that Bamboo Pan Asian Kitchen just opened. Located on Tarpon Bay Rd behind Tower Gallery, their message said “Come on in, today, Friday, Saturday 4pm to 8 p.m. We will update our hours after the opening 3 days!”.

Sanibel & Captiva Islands Multiple Listing Service Activity December 10‑17, 2021

Sanibel
CONDOS
1 new listing: Duggers Tropical Cottages #1 1/1 $475K.
No price changes.
2 new sales: Pointe Santo #A26 2/2 listed at $1.35M, Atrium #106 2/2 listed at $1.71M.
5 closed sales: Spanish Cay #F8 2/2 $479K, Blind Pass #C207 2/2.5 $625K, Coquina Beach #3E 2/2 $875K, Sanibel Arms West #E3 2/2 $915K, Junonia #101 3/2 $1.579M.
HOMES
3 new listings: 3702 Coquina Dr 2/2 $899K, 1196 Sand Castle Rd 2/2 $899K, 2711 Wulfert Rd 4/4/2 $1.595M.
No price changes.
1 new sale: 1195 Sand Castle 3/2.5 listed at $1.225M.
7 closed sales: 5308 Ladyfinger Lake Rd 3/3 $779K, 328 Palm Lake Dr 3/2 $925K, 1187 Sand Castle Rd 3/3 $1.2M, 993 Sand Castle Rd 3/3 $1.4M, 924 Pecten Ct 4/4 $1.865M, 1511 Angel Dr 3/3 $1.996M, 4014 West Gulf Dr 4/4 $3.8M.
LOTS
No new listings, price changes, or new sales.
1 closed sale: 5850 Sanibel-Captiva Rd $450K.
Captiva
CONDOS
No new listings or price changes.
2 new sales: Bayside Villas #4306 3/3 listed at $850K, Bayside Villas #5341 3/3 listed at $969K.
3 closed sales: Tennis Villas #3217 1/1 $405K, Tennis Villas #3120 1/1 $470K, Bayside Villas #4220 1/2 $535K.
HOMES
1 new listing: 11548 Wightman Ln 4/4.5 $7.5M.
No price changes.
1 new sale: 5 Sunset Captiva Ln 2/2.5 listed at $3.595M.
No closed sales.
LOTS
Nothing to report.
This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® 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 the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.
Below is our ad from today’s “Island Sun”.
Until Christmas Eve day! Best wishes, Susan Andrews, aka SanibelSusan

Countin’ Down to Christmas on Sanibel & Captiva Islands

It has been another week of above average temperatures here on Sanibel and Captiva Islands. After several beautiful sunny blue-sky days, it was a surprise to wake up yesterday to heavy fog. It is rare to see any fog here, and especially rare that it did not burn off shortly after sunrise. Local forecasters say this was because of the mild temperatures, light winds, generous humidity (for Dec), and an absence of any strong cold fronts moving in the region. The photo below was taken at the lighthouse as the fog was starting to disappear, about 1 p.m. yesterday.

Daytime temperatures next week also are expected to be warm – into the low 80’s. It was blue sky, sunshine, and 82 degrees F, when I returned to the office today at 1 p.m. Santa better be readying his shorts and sandals.

National Association of Realtors® Economist Reaction to CPI

Always a fan of National Association of Realtors Chief Economist, Lawrence Yun, here is his instant reaction to the Consumer Price Index info posted today (Dec 10, 2021):

“If you are younger than 40 years old, then you never have experienced such high inflation. Consumer prices rose 6.8% in November. We are already well aware of higher food and gasoline prices, up 6% and 58% respectively from a year ago. Rents are up 3% and accelerating at better than 5% on an annualized basis. The heating bill will not be pretty, as natural gas prices are higher by 25%. This rapid inflation is the reason higher mortgage rates are expected in 2022. The Federal Reserve will have to raise interest rates to contain them. The average 30-year fixed mortgage rate is likely to reach 3.7% by the end of 2022 from the current near 3% rate.

“One aspect of inflation is that real estate has proven to be a good hedge. In the 1970’s, a high inflationary period when CPI averaged 7.1% per year, home price gains outpaced inflation with a 9.9% gain. Even when interest rates soared in the 1980’s and thereby crushed home sales, home prices still held up to consumer price inflation: 5.5% versus 5.6%. That’s because rents were soaring. Other decades also show similar patterns. Therefore, for those concerned about the loss in purchasing power of money and savings, be assured that real estate has proven to be a good hedge against inflation.”

At SanibelSusan Realty

SanibelSusan listings had some good action this week, with Dave continuing to hold Open Houses. The activity posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of news item below.

The team and I also got some things completed on a couple of sales in our pipeline. The buyers flew in to see the Sanctuary home they are closing on in January. Their timing was perfect as they got to hear details about the property directly from the sellers who built the home. It is not often here that buyers and sellers meet, so it was special.

Dave and I also attended the Gulf Pines home inspection with buyers for the home they put under contract last week. The seller’s agent was there too, while Lucas Stokes with Allied Building Inspection Services performed the inspections. We always recommend inspectors that also are authorized to prepare 4-point inspections and wind mitigation reports needed for insurance. When those inspections are done at the same time as other property inspections, it saves $.

More Island Holiday Fun

New landscaping is going in at Bank of the Islands. Here is a photos of one of their holiday “dog” decorations.

South Seas Island Resort 9th Annual Holiday Stroll – This is when the resort opens to the public and invited to view thousands of twinkling lights, visit Santa, taste s’mores, listen to live music, and watch holiday movie classics. The remaining days open to the public are tonight and tomorrow night, Dec 10 and 11, plus Dec 17 and 18 – from 6 to 9 p.m. Stroll tickets are $10 per adult with proceeds helping Captains for Clean Water. Tickets are complimentary for resort guests.

Captiva Chapel by the Sea 11th Annual Community Carol Sing – Sunday, Dec 12 from 6 to 7 p.m. with seating both outside and inside the chapel. More info at http://www.captivachapel.com.

Sanibel Public Library Again Ranks High

For about 15 years, The Sanibel Library has been at or near the top ranking in Florida. This year is no exception. The state library rankings are out, and the Sanibel Library ranked number one per capita (per 1,000) for circulation (number of books or items borrowed), availability of print, audio, video, and other materials to check out, website visits per capita, and square footage availability. The ratings are based on Florida Library Statistics which measures 82 libraries and library systems.

In addition to the state rankings, the library has won annual Star Library awards (top 200 public libraries of 9,000 measured nationally) from the Library Journal in five of the last 10 years. It has been No 1 on TripAdvisor for “Things to do on Sanibel” and has earned TripAdvisor’s Certificate of Excellence awards.

The library is open Mondays and Thursdays from 9 a.m. to 8 p.m.; Tuesdays, Wednesdays, Fridays, and Saturdays from 9 a.m. to 5 p.m.  Visit www.sanlib.org for more information.

Fun Facts About Florida

Perfect Lawn & Pest Control’s November/December 2021 newsletter highlights some fun facts about Florida. I bet they don’t mind if I give them a shout-out and share them:

  • “Florida is similar in size to England and Wales COMBINED.
  • Key West has the highest recorded average temperature in the United States.
  • Florida has 1,197 statue miles of coastline and 663 miles of beaches.
  • No matter where you are in Florida, you are never more than 60 miles from the ocean.
  • Clearwater is the city with the highest rate of lightning strikes per capita in the United States. It also is listed in the Guinness Book of Records for having the most days of sunshine.
  • Florida is the flattest state in America.
  • Siesta Key beach won an award in 1987 for having the finest whitest beach sand in the world – It is 99% pure quartz crystal and is, therefore, cool to the feet.
  • A woman can be fined for falling asleep under a hair dryer in Florida – The salon owner can also be fined.
  • State law dictates that, if an elephant is left tied to a parking meter, the parking fee has to be paid just as it would for a vehicle.
  • Doors to public buildings in Florida must open outward – In case of an emergency, exiting the building is more efficient.
  • Walt Disney Resort encompasses 30,500 acres, making it approximately the same size as San Francisco.
  • Can you guess the number of stones in Cinderella’s Castle? Zero – the whole shell of the building is fiberglass.
  • Happy Hour begins at 9 a.m. at the Schooner Wharf Bar in Key West.
  • Florida has more golf courses than any state in America and has over 30,000 lakes.
  • An unmarried woman is not permitted to parachute on Sunday. She can face a fine or even be arrested.
  • There are no dinosaur fossils in Florida.
  • Florida’s oldest tree is 3,500 years old and is still standing – It is a cypress tree called “Senator” located just north of Longwood at Big Tree Park.
  • Once a year, thousands of Floridians stand at the state line and toss dead fish into Alabama – It is the annual Mullet toss sponsored by Flora-Bama Beach Bar in Pensacola.
  • In 1996, Miami installed the first bank ATM in Florida specifically designed for rollerbladers who couldn’t go inside the bank.”

Sanibel & Captiva Islands Multiple Listing Service Activity December 3-10, 2021

Sanibel

CONDOS

2 new listings: Tarpon Beach #106 2/2 $1.095M, Pointe Santo #D5 2/2 $1.3M.

No price changes.

2 new sales: Lighthouse Point #212 3/2 listed at $929K, Nutmeg Village #308 2/2 listed at $1.2499M.

5 closed sales: Sundial #F407 1/1 listed at $569K, Sanibel Arms West #J1 2/2 listed at $679K, Oceans Reach #4C1 2/2 listed at $875K, Sand Pointe #228 2/2 $1.05M, Compass Point #133 3/2 listed at $1.625M.

HOMES

2 new listings: 644 Lake Murex Cir 3/2 $869K, 697 Birdie View Pt 3/2 $1.495M.

No price changes.

6 new sales: 1841 Ibis Ln 2/2 listed at $628.5K, 697 Birdie View Pt 3/2 listed at $1.495M, 1245 Par View Dr 3/2.5 listed at $1.575M, 853 Tulip Ln 3/2 listed at $1.735M, 1356 Eagle Run Dr 5/5.5 listed at $2.295M, 1304 Seapray Ln 3/2.5 listed at $4.695M.

6 closed sales: 2138 Egret Cir 3/2 $710K, 2548 Wulfert Rd 3/4 $934.5K, 4619 Bowen Bayou Rd 3/2 $976K, 4077 Coquina Dr 3/2 $1.299M, 1665 Sabal Palm Dr 3/2 $2.22M, 1237 Isabel Dr 6/6.5 $3M. 

LOTS

No new listings or price changes.

1 new sale: 3308 St. Kilda Rd listed at $649K.

No closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #4306 3/3 $850K.

No price changes, new, or closed sales.

HOMES

1 new listing: 57 Sandpiper Ct 2/2 $1.399M.

No price changes or new,sales.

1 closed sale: 11529 Andy Rosse Ln 4/4 $2.625M.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® 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 the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Below is our ad from today’s “Island Sun”.

Enjoy your weekend! Until next Friday, Susan Andrews, aka SanibelSusan

 

 

Island Luminary 2021 & Real Estate Scoop

Susan reporting what has been another special week on the islands, including a surprise sale.

Sanibel & Captiva Luminary

Periwinkle Way is getting more festive by the minute as more holiday decorations go up in preparation for Sanibel’s Luminary celebration tonight. The tunnel of lights on the bike path that borders City Park across the street from our office is ready and twinkling. By 5 p.m., luminary candles will be lining the paths too, as many shopping centers and businesses will have special events tonight from 5:30 to 9 p.m. Here is just a partial list:

Olde Sanibel Shoppes – live music with Island Brass.

Bailey’s Shopping Center – live Jazztet from 6 to 8 p.m. Wine, food, & live music at George & Wendy’s. Hot chocolate & cookies at Joey’s Custard.

Village Shops – Live music.

Periwinkle Place – Live music 6 to 9 p.m.

Tahitian Gardens – Live music.

Sanibel Community Church – Live nativity scene, music, food, & children’s activities.

Jerry’s Shopping Center – Live music, photos with Santa, Sanibel Spirits tastings.

Huxters – Live music & tastings.

East End Shops – samples of Homemade Ice Cream. At Sanibel Sea School: music, outdoor activities, bonfire, ornament/cardmaking for kids, snacks.

Tomorrow night, Sat Dec 4, Captiva Luminary includes the golf cart parade which begins at 3:30 p.m. It lasts about an hour. It starts at South Seas, winding down Captiva Dr and then along Andy Rosse Ln, Chapin Ln, and Wiles Dr before going back to the resort. Judging is at 2:30 p.m. near Doc Ford’s. Following that parade, Captiva Luminary features fun and freebies, like on Sanibel. Luminaries are lit from ‘Tween Waters to South Seas.

Reception for Retired City Manager

Also tomorrow, Sat Dec 4 from 3 to 6 p.m. at the Community House is a thank-you reception for retired Sanibel City Manager, Judie Zimomra. Until I met Judie, I thought I was hard working. She beat me by a mile. I once saw her on a Sunday at a car wash. She had a phone in each hand with calls in progress and another electronic device in her lap where she was typing like mad. She is a master at multi-tasking.

You can be sure I will be at this event thanking her for her 20-years of service. In addition to the typical day-to-day running of City government, she got us through some difficult memorable times including Hurricanes Charley and Irma, the Sanibel bear, red tide of 2018, and with accomplishments like the Donax Water Treatment Plant and Sanibel Recreation Center. Always cool calm and collected, she will be missed. Thank you, Judie!

At SanibelSusan Realty

Wednesday, we found out clients were the successful offerors on a just-listed home in Gulf Pines. It is always nail-biting when there are multiple showings, which could result in multiple offers. Prospective buyers thinking of making a bid in a situation like this should always make their offer terms the “best”. Best usually means over asking price, with significant deposit(s), “as is”, cash or pre-approved financing, and with a minimal inspection period, if any at all.

Wednesday evening also was the Association of Realtors® charity event, FISHmas, where holiday donations for needy children, teens, and adult gifts were collected and will be distributed by F.I.S.H. of Sanibel & Captiva. The SanibelSusan Team contributed items, I attended the event, and Elise helped with the donation delivery this morning.

At the Thursday morning Realtor® Caravan Meeting, I announced that our new listing at Donax Village #7 would be open. Those Open Houses typically are from 9 a.m. until noon; but, since winter-long renters arrive today and we had several prospects walk-in plus Realtor® previews, teammate Dave kept it open until mid-afternoon.

The action since last Friday in the Sanibel & Captiva Islands Multiple Listing Service are posted after another update of the islands inventory table below.

 

 

Status

SANIBEL CAPTIVA
Condos Homes Lots Condos Homes Lots
# Avg $ # Avg $ # Avg $ # Avg $ # Avg $ # Avg $
For sale 17 1,063,341 21 2,701,119 21 667,095 4 2,709,750 8 5,627,375 0 N/A
Under contract 27 1,005,475 40 1,704,699 7 530,982 7 732,000 3 4,715,000 0 N/A
Sold to 12/3/21 269 863,076 330 1,318,094 67 707,619 58 1,199,912 42 2,920,950 2 2,950,000
Sold 2020 192 733,876 290 954,718 23 606,233 47 821,713 27 2,923,148 4 2,537,500
Most Sold 2005 232 758,507 260 1,028,584 68 496,726 45 863,642 31 2,309,758 0 N/A

 

Sanibel & Captiva Islands Multiple Listing Service Activity November 26-December 3, 2021

Sanibel

CONDOS

2 new listings: Blind Pass #D102 2/2 $625K, Sand Pointe #222 2/2 $1.125M.

No price changes.

3 new sales: Breakers West #C4 2/2 listed at $749K, Pointe Santo #C3 3/2 listed at $1.095M, Sundial #R402 2/2 listed at $1.249M.

7 closed sales: Sundial #D304 1/1 $550K, Ibis at The Sanctuary #A201 2/2 $650K, Mariner Pointe #622 2/2.5 $855K, Sundial #L402 3/2 $1.389M, Pointe Santo #B36 2/2 $1.3891M, Pointe Santo #A43 2/2 $1.5M, Pointe Santo #E37 3/2 $1.6M.

HOMES

2 new listings: 1841 Ibis Ln 2/2 $628.5K, 853 Tulip Ln 3/2 $1.735M.

No price changes.

6 new sales: 4226 Gulf Pines Dr 3/2 listed at $850K, 4285 Gulf Pines Dr 3/2 listed at $895K (our buyer), 1943 Sanibel Bayous Rd 3/3 listed at $1.095M, 1585 Sand Castle Rd 3/2.5 listed at $1.5M, 807 Limpet Dr 3/2 listed at $2.295M, 1320 Seaspray Ln 3/4.5 listed at $4.195M.

4 closed sales: 773 Cardium St 2/2 $650K, 696 Sea Oats Dr 3/2 $820K, 4221 Old Banyan Way 3/2 $1.305M, 5418 Osprey Ct 4/3.5 $1.31M.

LOTS

1 new listing: 2356 Wulfert Rd $280K.

No price changes, new sales, or closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

No new listings, price changes, new sales.

4 closed sales: 14865 Captiva Dr 4/4 $1.45M, 11520 Murmond Ln 5/5 $1.935M, 11530 Paige Ct 4/4/2 $4.375M, 14991 Binder Dr 4/4 $5.675M.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® 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 the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Below is our ad from today’s “Island Sun”.

Enjoy your weekend! Susan Andrews, aka SanibelSusan

 

Post Thanksgiving Update from Sunny Sanibel Island

Susan here reporting that the island has had nice holiday weather with mostly blue skies since Wednesday. Though temperatures have dipped into the 50’s a couple of nights and are expected to do the same over the weekend, the mostly sunny daytime temperatures in the mid to high 70’s are delightful.

Christmas holiday decorations are starting to go up in a few locations. Islanders are excited to again experience more traditional local luminary festivities this year. Sanibel Luminary, always the first Friday evening in December, is next Friday Dec 3, followed by Captiva’s, the next evening, on the first Saturday or Dec 4. These celebrations are 5 to 9 p.m. when bike paths and roadways are lined with luminary candles and shops/businesses are open offering holiday cheer, special sales, and family events. Below are some upcoming special happenings on and around the islands:

Upcoming Events

Tween Waters 2021 Tree Lighting Celebration – is today, Friday, Nov 26 from 5 to 9 p.m. following the tree lighting at 4:30 p.m.

Edison & Ford Winter Estates 46th Annual “Holiday Nights” – celebration kicks off tonight, Nov 26 with tree lighting ceremony at 6 p.m. This year’s theme is “Holidays Under the Stars”, incorporating elements of nature & the outdoors. Holiday Nights will be open on Christmas Eve and New Year’s Eve, but closed Christmas Day. Through Jan 2, guided Holiday Tradition Tours will be offered at 6 and 7 p.m. every night, or attendees may meander at their own pace on a self-guided tour. Guided Inside-the-Homes tours will be offered on Dec 1, 8, and 15 at 6:30 p.m. To view the complete schedule of events, visit http://www.Edison-Ford.org.

Sanibel-Captiva Lions Club Christmas Tree Sale – begins tomorrow, Saturday Nov 27, and runs through Sunday, Dec 19 (or until they run out). Located at the old gas station in Bailey’s Shopping Center, sales are open 10 a.m. to 5 p.m. Wed through Sun, offering fresh Michigan Frasier Fir trees, tree stands, & wreaths.

Pre-Luminary Open House at Sanibel Historical Village – featuring “Trees, Timelines, & Special Memories”, village admission is free from 3:30 to 5 p.m. Friday, Dec 3.

Luminary at Sanibel Community Church – Friday, Dec 3, Holly & Ivy Bazaar & Silent Auction from 10 a.m. to 8 p.m. with the out-door events from 5 to 9 p.m. They include live nativity, music, petting zoo, kids snowball play area, Christmas carol sing-along, food, & fun.

Luminary at Jerry’s Center – Friday, Dec 3 from 5:30 to 9 p.m. Their celebration includes photos with Santa, Girl Scouts serving hot dogs & soda, live music, wine & food tastings, & more.

Luminary at Olde Sanibel Shoppes – Friday, Dec 3 from 5:30 to 8:30 p.m. Island Brass is playing at the Over Easy Café outdoor patio. Join their sing-along at 8.

Sentimental Journey by Captiva Historical Society – This salute to the WWI years on Captiva through imagery, narrative, & song is Tuesday, Dec 7 at 7 p.m. in the South Seas Island Resort ballroom. Complimentary tickets for WWII veterans & spouses, others $12/person through EventBrite.com.

Sanibel & Captiva Islands Real Estate Update

It is that time of the year when more listings pop on the market as owners return to get their properties ready for “season”. Some are selling quickly, others taking a little longer. The large ones, particularly on the beach, continue to move best.

The post-pandemic pent-up demand includes many buyers wanting not just a reprieve from winter weather, but a place where they can spend more time, often working remotely.

Below is an update with data from the Sanibel & Captiva Islands Multiple Listing Service as of today, Nov 26. Unbelievable that there are just 58 properties for sale on Sanibel and 12 on Captiva when this quarter and next are usually when there are the most island sales.

Year-to-date on Sanibel, a whopping 656 properties have sold, 98 on Captiva. Another 75 on Sanibel are under contract, 14 on Captiva. It certainly is a year for the record books in many ways. Inventory today, sales this year, and comparisons to 2020 and 2005 (when there were the most sales) are shown.

Also, this week, The Blue Dolphin Cottages, a commercial property at 4227 West Gulf Dr closing was posted for $5,300,000.

If you are thinking of selling or buying, please contact us. Now more than ever, it is important to have a well-connected island Realtor® in your corner. This one celebrates her 30th year here in January. Time flies!

 

 

Status

SANIBEL CAPTIVA
Condos Homes Lots Condos Homes Lots
# Avg $ # Avg $ # Avg $ # Avg $ # Avg $ # Avg $
For sale 17 1,035,282 21 2,764,285 20 686,450 4 2,709,750 8 5,627,375 0 N/A
Under contract 29 1,006,408 39 1,686,769 7 530,982 7 732,000 7 4,062,571 0 N/A
Sold to 11/26/21 263 857,884 326 1,321,737 67 707,619 58 1,199,912 38 2,874,865 2 2,950,000
Sold 2020 192 733,876 290 954,718 23 606,233 47 821,713 27 2,923,148 4 2,537,500
Most Sold 2005 232 758,507 260 1,028,584 68 496,726 45 863,642 31 2,309,758 0 N/A

Next is all the island action posted this week in the Sanibel & Captiva Islands Multiple Listing Service.

Sanibel & Captiva Islands Multiple Listing Service Activity November 19-26, 2021

Sanibel

CONDOS

1 new listing: Donax Village #7 2/2 $699K (our listing).

Donax Village #7, 732 Donax St

4 price changes: Sandalfoot #5B1 1/1 now $768K, Pointe Santo #C3 3/2 now $1.095M, Gulfside Place #124 2/2 now $1.459M, Gulfside Place #210 2/2 now $1.649M.

8 new sales: Donax Village #10 1/2 listed at $539K, Blind Pass #A202 2/2 listed at $629K, Donax Village #17 2/2 listed at $719K, Sanibel Inn #3421 2/2 listed at $899K, Sand Pointe #228 2/2 listed at $1.095M, Compass Point #141 3/2 listed at $1.407M, Gulfside Place #124 2/2 listed at $1,459M, Sedgemoor #205 3/4 listed at $4.295M.

4 closed sales: Mariner Pointe #231 2/2 $636K, Villa Sanibel #3A 2/2 $817K; Pointe Santo #B36 2/2 $1,389,100; Pointe Santo #B46 2/2 $1.395M.

HOMES

3 new listings: 9217 Dimmick Dr 3/2 $699K, 1356 Eagle Run Dr 5/5.5 $2.295M, 807 Limpet Dr 3/2 $2.295M.

1 price change: 1320 Seapray Ln 3/4.5 now $4.195M.

3 new sales: 6429 Pine Ave 3/2 listed at $869K, 1410 Sanderling Cir 3/2 listed at $1.2M, 1146 Golden Olive Ct 5/4 listed at $2,999,999.

2 closed sales: 700 Birdie View Pt 3/2 $850K, 5298 Umbrella Pool Rd 3/2.5 $985K.

LOTS

2 new listings: 223 Robinwood Cir $425K, 1340 Eagle Run Dr $520K.

1 price change: 4767 Tradewinds Dr now $2.149M.

No new sales.

1 closed sale: 5633 Baltusrol Ct $365K.

Captiva

CONDOS

No new listings or price changes.

1 new sale: Tennis Villas #3120 1/1 listed at $480K.

2 closed sales: Bayside Villas #5102 1/2 $549K, Lands End Village #1663 2/2 $1.35M.

HOMES & LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® 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 the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Below is our ad from today’s “Island Sun”.

Enjoy your weekend! Susan Andrews, aka SanibelSusan

 

Partly Cloudy & Low 80’s Today on Sanibel, Could be High 60’s by Tues, High 70’s & Sunny Forecast for Turkey Day!

Again, this week, SanibelSusan reports cooler temperatures (into the 60’s a couple of nights) and busier roadways. Both, indications that the Thanksgiving holiday is fast approaching. Also, there has been a noticeable increase in both on- and off-island traffic. From the bike paths, it looks like more families arrived early and are enjoying an extended holiday.

Sanibel & Captiva Islands Association of Realtors® November Membership Meeting

At our monthly Association of Realtors® Membership Meeting yesterday, the guest speaker was Florida Realtors® Chief Economist, Dr. Brad O’Connor. Armed with plenty of charts and graphs, it was interesting to hear him speak about how real estate trends in our local Lee County area have been much the same as the state.

Overall, mostly as aftereffects of the pandemic, the state and Lee County have experienced growth and huge increases in both numbers of sales and real estate prices. The most changed has been in what he considers the luxury (or valued over $600K) properties and second homes. Though inventory is low with properties in many areas selling within minutes of becoming available, he noted that markets are stabilizing somewhat with prices flattening.

Both 2018 and 2019 had similar sale trends. It was in December 2020 that the number of sales really jumped. During that month in FL, more than twice as many homes sold than in those past years. While last December in Lee County, almost three times as many sold as the same month in 2018 and 2019. The high level of sales continued into early 2021, then jumped significantly again from April through June. Since midsummer, the number of sales both here and statewide has flattened, with the cause probably more related to reduced inventory than demand.

Looking at median prices of sold homes, his slides went all the way back to 2011, as that is when the country was easing out of the recession. That slide showed the gradual increase progression year-after- year right up until December 2020 when the big surge began. Today, the median home sale price in Lee County is nearly 3-1/2 times what it was in 2011. That same increase applies statewide.

When quizzed on what his crystal ball predicts for the future, he noted that pre-pandemic Florida already was desirable because of the weather and tax situation here. Now that the pandemic has disrupted the work scenario for many, some proving that working remotely is as effective as in an office, he doesn’t think we will ever go back to how things were from a workplace view.

Following “move” trends into Florida, he said the most recorded influxes into Florida came from cities out west, mostly in California, plus New York City. The majority by far, coming from New York City, most Manhattan, Brooklyn, and Nassau County.

As he was talking, I thought back to where SanibelSusan Team buyers have come from in 2021. Several are from New York, a couple are from Florida’s east coast, but plenty of other states were represented too, including Delaware, Illinois, Indiana, Iowa, Kentucky, New Jersey, Ohio, Pennsylvania, South Carolina, and Wisconsin. The majority came from the midWest, with several buyers from Sanibel too. Noticeably absent were the out-of-country buyers. Some of those folks are returning now for the first time in a couple of years, some becoming sellers.

In summary, Dr. O’Connor does not think that another recession is on the horizon, nor does he think that inflation and prices will continue to accelerate at the same rate experienced earlier this year. SanibelSusan projects that until island supply and demand normalize, Sanibel and Captiva could be in for continued real estate craziness. Stay tuned.

At SanibelSusan Realty This Week

Our Friday closing in Island Woods that was awaiting a FedEx arrival, was disbursed on Monday. We did both sides of that transaction, which was delayed months. The new City Manager started this week so Realtors®, builders, contractors, property owners, and prospective owners are hopeful that the backlog of City permits will soon be resolved. Meanwhile, this buyer was willing to close without City approval and many businesses are operating with their business licenses in limbo – though permit and license payments were processed. Can you tell some folks are frustrated?

Another listing, Mariner Pointe #1061, closed today, but had a last-minute change when the buyers decided to purchase in an LLC rather than their names personally. Superior Title of Sanibel did a great job in getting it accomplished remotely even with the change and some resigning necessary. The sale price is a record for Mariner Pointe building #10.

On the listing side of things, teammate Dave held Open Houses at Sealoft Village and I had a listing presentation at Donax Village that resulted in a nice new listing there. With drizzly rain yesterday and today’s forecast iffy, professional photography is not scheduled until tomorrow – when we hope the sky is blue. That new listing will be posted in MLS as soon as we get those pix.

Next Friday, the team is off for an extended holiday, but I will be in the office, and blogging right on time. We are grateful for additional business this year. It was one for the record books!

Upcoming Events

Next 40th Taste of the Islands CROW Crawl – is set tomorrow, Nov 20, from 11:30 a.m. to 3:30 p.m. Featured restaurants include Blue Giraffe, Doc Ford’s Rum Bar & Grille – Sanibel, Mudbugs Cajum Kitchen, Sanibel Deli, Spoondrift Island Bowls, Sunset Grill, Timbers Restaurant & Fish Market, and Traders 2. For further info visit www.CROWClinic.org.

The Art of Conservation – will be featured with signed pieces by artists Rachel Pierce (from 11 a.m. to 1 p.m.) and Clyde & Niki Butcher from 2:30 to 4:30 p.m. at the “Ding” Darling Nature store at 2250 Periwinkle Way, right next to our office tomorrow, Nov 20.

WoW at The Refuge for Thanksgiving – Bring the family to “Ding” Darling Wildlife Refuge during Thanksgiving week to tour for free the WoW (Wildlife on Wheels) mobile interactive nature experience in the parking lot of the Visitor & Education Center. The day before Thanksgiving and Black Friday, WoW will be open Wed Nov 24 from 11 a.m. to 2 p.m. and Fri Nov 6 from 9 a.m. until noon.

Sanibel & Captiva Islands Multiple Listing Service Activity November 12-19, 2021

Sanibel

CONDOS

5 new listings: Donax Village #10 1/2 $539K, Donax Village #17 2/2 $719K, Sunset South #11C 2/2 $1.149M, Sandalfoot #5A2 2/2 $1.275M, Sedgemoor #205 3/3.5 $4.295M.

2 price changes: Nutmeg Village #308 2/2 now $1.2499M, Tarpon Beach #110 2/2 now $1.35M.

3 new sales: Sundial #C305 1/1 listed at $549,945; Blind Pass #E103 3/3 listed at $775K; Sundial #L402 3/2 listed at $1.379M.

6 closed sales: Spanish Cay #F4 2/2 $571K, Pointe Santo #C44 1/1 $640K, Ibis at The Sanctuary #B301 2/2 $656K, Mariner Pointe #141 2/2 $672.5K, Mariner Pointe #1061 2/2 $725K (our listing), Villa Sanibel #3A 2/2 $817K.

View from Mariner Pointe #1061

HOMES

2 new listings: 6429 Pine Ave 3/2 $869K, 1410 Sanderling Cir 3/2 $1.2M.

No price changes.

7 new sales: 1667 Atlanta Plaza Dr 2/1.5 listed at $650K, 534 Piedmont Rd 3/2.5 listed at $675K, 2138 Egret Cir 3/2 half-duplex listed at $729K, 543 Boulder Dr 3/2 listed at $1.265M, 4077 Coquina Dr 3/2 listed at $1.299M, 2391 Wulfert Rd 4/5 listed at $2.395M, 2444 Harbour Ln 4/3.5 listed at $2.695M.

4 closed sales: 5853 Pine Tree Dr 2/2 $775K, 1434 Sand Castle Rd 3/2 $912K, 1114 Harbor Cottage Ct 3/2 $1.895M, 682 Pyrula Ave 5/4.5 $2.015M.

LOTS

No new listings or price changes.

2 new sales: 2348 Wulfert Rd listed at $329K, 6000 White Heron Ln listed at $850K.

2 closed sales: 1894 Farm Trl $182K (our listing & sale), 1219 Par View Dr $410K.

Location of 1894 Farm Trail

Captiva

CONDOS

No new listings or price changes.

2 new sales: Bayside Villas #5320 3/3 listed at $950K, Marina Villas #706 2/2 listed at $950K.

1 closed sale: Beach Villas #2638 3/3 $1.4M.

HOMES

1 new listing: 16897 Captiva Dr 5/5.5 $4.989M.

No price changes, new or closed sales.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® 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 the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Below is our ad from today’s “Island Sun”.

Enjoy your Thanksgiving!

Susan Andrews, aka SanibelSusan

Getting Ready for Thanksgiving on Sanibel Island

SanibelSusan here reporting that Sanibel and Captiva have had another week of wonderful fall weather. It is getting to be the time of year when we can readily tell the locals from the tourists, the latter being those out-&-about shirtless/tank-tops wearers, some also dressed in bathing suits and shorts. All of this, while we locals are happily in the long sleeves and pants that we haven’t worn since April.

As the joke goes, Florida at this time of the year has Winter in the morning (6 a.m.), Spring starts at 10 a.m. Summer is at 2 p.m., followed by Fall at around 4:30 p.m. Dress accordingly!

Sanibel & Captiva Real Estate Scoop

Below is some island news followed by the real estate action this week posted in the Sanibel & Captiva Islands Multiple Listing Service.

Real estate here continues to move more quickly than years past. There seem to be plenty of buyers, though many are shocked at what has recently happened to prices. Those planning to spend up to $800K are really discouraged. “When will it end?”, they want to know. Our crystal ball is not responding.

For your info, below is a summary inventory update based on the island MLS as of today (Nov 12):

 

 

Status

SANIBEL CAPTIVA
Condos Homes Lots Condos Homes Lots
# Avg $ # Avg $ # Avg $ # Avg $ # Avg $ # Avg $
For sale 20 963,350 24 2,569,541 20 705,450 6 2,123,166 7 5,718,571 0 N/A
Under contract 26 825,336 35 1,739,142 7 455,125 6 914,666 7 4,062,571 0 N/A
Sold 2021 to 11/12 254 858,748 320 1,323,294 64 725,835 55 1,205,380 38 2,874,865 2 2,950,000
Sold 2020 192 733,876 290 954,718 23 606,233 47 821,713 27 2,923,148 4 2,537,500
Yr Most Sold 2005 232 758,507 260 1,028,584 68 496,726 45 863,642 31 2,309,758 0 N/A

There was no Realtor® Caravan Meeting yesterday because of the holiday, but next week Thursday Caravan follows our November Membership Meeting where Florida Realtors® Chief Economist, Dr. Brad O’Connor will give a market update.

Upcoming Events

SCCF 29th Annual Tennis Tournament – The Sanibel-Captiva Conservation Foundation annual tennis fundraiser Is this weekend, Nov 13 & 14 at Beachview Tennis Club. Spectators are welcome.

40th Taste of the Islands & CROW Crawl – The 40th Taste of the Islands kicked off on Nov 1. Like last year, the event runs all month with participating restaurants offering their “Taste” items to showcase their cuisine. A portion of proceeds from these designated food and beverage items will be donated to CROW. Restaurants also will compete for honors in different categories described in the Taste of the Islands Passports. Those passports may be purchased at all Edison National Bank locations (including Bank of the Islands), Bailey’s General Store locations, and Huxter’s Market & Deli. They also may be purchased online at www.TasteoftheIslands.org. (Limited-edition tee shirts also are available at Bank of the Islands. Tomorrow, Nov 13 from 11:30 a.m. to 3:30 p.m. is the CROW Crawl at 400 Rabbits, Island Cow, Love Boat Ice Cream (Sanibel), Paper Fig Kitchen, Thistle Lodge, and Traders.

73rd Season – Sunday Services at Chapel by the Sea – Sunday interdenominational worship services begin for their 73 season, on Nov 14 at Chapel by the Sea on Captiva. Held weekly at 11 a.m. through the end of April. They will have seating both inside and outside, plus the services will be videotaped and posted on http://www.CaptivaChapel.com.

Cruises to Historic Tarpon Lodge & Calusa Indian Mounds on Pine Island – Cruises to Tarpon Lodge and the Indian mounds on Pine Island are offered on select Wednesdays from November through April, beginning Nov 17 through Captiva Cruises. More info on www.CaptivaCruises.com.

37th Sanibel & Captiva Luminary Stroll – Dec 3 (Sanibel) & 4 (Captiva), both events are from 5:30 p.m. to 9 p.m. Once again, after a reprieve last year, traditional luminary nights return. There will be luminary candles, live entertainment, open houses at businesses, and more. Highlights include Sanibel’s live nativity scene and Captiva’s golf cart parade. For pre-Luminary fun on Sanibel, the Historical Village holiday exhibits will be open with free admission during their open house on Friday, Dec 3 from 3 to 5 p.m.

End of Hurricane Season

The end of the 2021 Hurricane Season for the Atlantic Basin (Atlantic Ocean, Caribbean Sea, and Gulf of Mexico) Is Nov 30. Hooray! This time often is when islanders empty their emergency hurricane boxes and donate their unused non-perishable food goods to F.I.S.H.

Fall into F.I.S.H.mas

This year, the local Association of Realtors® is collecting items for F.I.S.H. holiday gifts which will go to needy seniors, teens, and children. The event wraps up on Dec 1. In the meantime, the SanibelSusan Team is shopping. .

Sanibel & Captiva Islands Multiple Listing Service Activity November 5-12, 2021

Sanibel

CONDOS

7 new listings: Blind Pass #A202 2/2 $629K, Mariner Pointe #421 2/2.5 $769.9K, Blind Pass #E103 3/3 $775K, Sanibel Inn #3421 2/2 $899K, Sand Pointe #228 2/2 $1.095M, Sundial #L402 3/2 $1.379M, Gulfside Place #124 2/2 $1.4959M.

No price changes.

2 new sales: Sundial #C305 1/1listed at $549,945; Sanibel Arms West #J1 2/2 listed at $679K.

4 closed sales: Lighthouse Point #120 3/2 $600K, Sandalfoot #2D3 2/2 $793.5K, Heron at The Sanctuary III #2B 3/2.5 $849K, Lighthouse Point #325 2/2 $1.096M.

HOMES

4 new listings: 1667 Atlanta Plaza Dr 2/1.5 $650K, 543 Boulder Dr 3/2 $1.265M, 4077 Coquina Dr 3/2 $1.299M, 719 Periwinkle Way 4/3 $1.895M.

1 price change: 2138 Egret Cir 3/2 half-duplex now $729K.

5 new sales: 719 Durion Ct 3/2 listed at $995K, 1245 Par View Dr 3/2.5 listed at $1.575M, 1220 Morningside Pl 6/4 listed at $2M, 856 Limpet Dr 4/2.5 listed at $2.358M, 699 Anchor Dr 4/4 listed at $2.395M.

2 closed sales: 837 Casa Ybel Rd 2/2 duplex $580K, 547 N. Yachtsman Dr 4/3 $1,419,999.

LOTS

1 new listing: 1332 Eagle Run Dr $499K.

2 price changes: 845 Pyrula Ave now $515K, 3308 Saint Kilda Rd now $649K.

No new or closed sales.

Captiva

CONDOS

3 new listings: Bayside Villas #5320 3/3 $950K, Marina Villas #706 2/2 $950K, Beach Homes #20 3/3 $4.349M.

No price changes or new sales.

3 closed sales: Bayside Villas #5204 1 /2 $440K, Tennis Villas #3210 1/1 $491K, Lands End Village #1649 2/2 $1.325M.

HOMES

2 new listings: 30 Urchin Ct 3/2 $1.495M, 17201 Captiva Dr 5/4.5 $5.65M.

No price changes.

2 new sales: 11529 Andy Rosse Ln 4/4 listed at $2.55M, 14991 Binder Dr 4/4 listed at $5.795M.

No closed sales.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® 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 the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Below is our ad from today’s “Island Sun”.

Enjoy your weekend & don’t forget to get your bird early.

Susan Andrews, aka SanibelSusan