Sometimes Sunny Sanibel Scoop


It’s SanibelSusan reporting the end of a week of mixed-bag weather and real estate activity. After a rainy morning, we saw the sun for a few hours today, now it has clouded over again, but more sun is expected. The sprinkles today were nothing compared to the multiple heavy deluges with gusts that we experienced last Saturday – during real estate showings too.

If a prospect likes a property during a shower, we always know that they will love it when the sun comes. Looks like next week’s weather will be better – sunny and mid-70’s for highs expected all week.

At SanibelSusan Realty Associates

Sanibelsusan LogoTeammate Dave held an Open House all day yesterday at High Tide. Having an Open House coincide with a Thursday Realtor Caravan usually brings lookers, but he only had two couples all day. Some days are more productive with Open Houses and there seems to be not a lot of reason for it.

Sanibel & Captiva Islands Association of Realtors® 2017 Installation & Awards Presentation

Incoming Sanibel/Captiva Realtor® Association President Joel Goodman chose a breakfast rather than evening banquet for his installation event which was yesterday. It was great to see so many attendees – considering it was at 7:30 a.m. at The Sanctuary and just past a speed trap after The Sanibel School. I think a few colleagues got pinched!

FloridaRealtors® 2017 President Maria Wells from Fort Pierce installed the new Sanibel/Captiva Board of Directors and Officers. Other attendees included FloridaRealtors® new CEO Bill Martin, now from Orlando, who came to Florida from the Michigan Association (smart man), representatives from our surrounding Associations in Fort Myers, Cape Coral, Bonita Springs, and Marco Island, and over 100 of our own Realtors® and affiliates.

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Seated are Florida Realtors 2017 President Maria Wells & Florida Realtors CEO Bill Martin with Joel Goodman, Sanibel & Captiva Islands Association of Realtors 2017 President

 

Joel’s theme for the year “Together, Realtors® Make a Difference” will be the topic of conversation next week at our first Communications/Public Relations Committee Meeting. It will be fun to Chair that committee again. Last time I did was 2006.

At the Caravan meeting which followed the installation and awards program (my 24th year as an Honor Society recipient), only a couple of sales were announced, but I was happy to announce our new listings at Cottage Colony West and Seagull Estates. More info the MLS activity posted this week is after a couple of news items below.

Sanibel Civic Core Project Gone by the Wayside

Sanibelcityseal logoIt was disappointing to hear the $42-million Sanibel Civic Core Project has gone by the wayside.

City Council voted in early December to put two items on the upcoming March ballot: an $8M-million bond issue (needed for Sanibel’s share of the project) and use of 13.5 acres of land from the Environmentally Sensitive Lands Conservation District needed to accommodate the project.

Rumor has it that it’s conjecture just how sensitive that land really is; but, it got enough citizenry riled up that Council this week withdrew both items. The press also reports that the County Commissioners were not onboard either, so the money needed from outside the island probably would have come up short.

The project which would have created a walking central civic core in the area surrounding BIG ARTS, the Museum, City Hall, and the Library also would have included The Center-4-Life which is in desperate need of expansion, room for classes, meetings, etc. Just what will be done with the Center-4-Life remains to be seen, but they, like BIG ARTS, want upgrades and may need to move forward independently.

Schein Performance Hall at BIG ARTS is now 20 years old and in need of better seating and acoustics. The Community Chorus has grown so much through the years, that the stage is now too small to hold us – which resulted in three performances of the spring program last year.

I bet that eventual improvements at The Center-4-Life and at BIG ARTS will be made without them being part of a Civic Core project. It’s just too bad that Sanibel won’t get a central area for the community to congregate and enjoy. Stay tuned.

Insurance Blind Spots: 5 Coverage Gaps That Could Cost You

associated-press-logoThe article below from the Associated Press was reposted today on FloridaRealtors® on-line. It has some good advice:

“You might think you have airtight insurance protection against storms, car accidents and other mishaps. But you’d hate to discover hidden cracks in your coverage once it’s too late.

“Here are five insurance problems you might not be as prepared for as you think – and how to plug the coverage gap.

“1. No flood insurance

“Flooding has occurred in every state in the country over the past five years, according to the Federal Emergency Management Agency. Yet only 12% of homeowners nationwide carry flood coverage, an Insurance Information Institute poll found.

“Homeowners insurance doesn’t cover flooding; you’ll need a separate policy. You can find local agents through the National Flood Insurance Program. You can also ask your home insurer for help starting a policy through the federal program, or whether there are companies in your state that offer private flood insurance.

“There’s a 30-day waiting period before coverage kicks in, so get flood insurance squared away well ahead of coming storms.

“2. No way to pay off a lease or loan on a totaled car

“Gap insurance helps you avoid owing money on a car loan or lease even if your vehicle has been totaled or stolen. Along with comprehensive and collision coverage, gap insurance is a smart addition if you lease or finance a car.

“Say you lease a $20,000 car at payments of $400 a month. Five months later, your car is totaled in an accident. If the car’s value has dropped to $15,000, that’s the amount your collision claim check will be, minus your deductible. That won’t be enough to cover the $18,000 left on your lease.

“This is where gap insurance kicks in. It makes up the difference between what your car is worth when it’s stolen or totaled and how much you owe on a car loan or lease.

“You can buy gap insurance from the car dealership or your lender. Or you can go through your car insurance company – which is typically cheaper unless you want gap coverage for several years.

“3. No plan for sewage backups

“You may not realize that you’re responsible for the sewer line that runs from the main pipeline in the street to your house. Yet standard home insurance typically doesn’t cover backups in this part of the line. Enter sewer backup coverage. It pays for cleanup and repairs from spewed sewage in your house.

“Sewer backup coverage is relatively affordable — $40 to $50 a year, according to the Insurance Information Institute. Talk to your home insurer about adding this kind of coverage.

“4. No income after a disability

“Among 20-year-olds, more than 1 in 4 will suffer a disability before retirement age, according to the Social Security Administration. If you aren’t able to work because of an illness or accident, you need a plan to pay the bills.

“Social Security disability insurance is available only to people with long-term disabilities lasting at least one year. Some employers offer short-term disability insurance, but it isn’t as common as you might think. Just 38% of workers have access to short-term disability insurance through their employers, according to the Bureau of Labor Statistics.

“You don’t have to rely on your workplace for coverage. Individual disability insurance is available from several insurers, such as State Farm, MetLife and Mutual of Omaha. If your employer doesn’t offer short-term disability insurance, or your current benefits fall far short of replacing your full salary, look into getting a policy elsewhere.

“5. No financial safety net for earthquakes

“Most homeowners, even those who live in high-risk areas, go without earthquake insurance. They risk financial ruin if their homes and belongings are destroyed. Only 10% of California residents have earthquake insurance, and 14% of people in western states, according to the Insurance Information Institute.

“Standard homeowners’ insurance won’t pay to fix damage caused by earthquakes. Home insurers might offer earthquake coverage as a policy add-on for an extra cost – and in California they’re required to. Or you might need to look for stand-alone earthquake insurance.

“Californians can shop for a policy through the California Earthquake Authority. For those living in other states, ask your home insurer or agent for help finding companies that sell earthquake coverage, or check your state’s department of insurance website.”

Sanibel & Captiva Multiple Listing Service Activity January 6-13, 2017

sancap GO MLS logoSanibel

CONDOS

3 new listings: Sandy Bend #5 2/2 $749.9K, Sunset South #1C 2/2 $769K, High Tide #A102 2/2 $1.75M.

1 price change: Mariner Pointe #1412 1/1 now $375K.

3 new sales: Loggerhead Cay #234 2/2 listed at $579K, Sanctuary Golf Villages I #3 2/2.5 listed at $650K, Sundial West #E304 2/2 listed at $814.5K.

2 closed sales: Loggerhead Cay #574 2/2 $542K, Sanibel Surfside #127 2/2 $1.137M.

HOMES

7 new listings: 1036 S Yachtsman Dr 3/3 $649.9K, 978 Black Skimmer Way 2/3 $724.9K, 1020 White Ibis Dr 3/2 $739K, 1410 Albatross Rd 3/3 $775K, 239 Daniel Dr 3/2 $1.099M (our listing, photos below), 2507 Blind Pass Ct 3/3 $1.495M, 1314 Seaspray Ln 3/3 $2.7M.

 

9 price changes: 1851 Farm Trl 3/2 now $525K, 2134 Egret Cir 3/2 half-duplex now $559K, 1772 Serenity Ln 3/2 now $649K, 1073 Fish Crow Rd 3/2.5 now $799K, 243 Southwinds Dr 4/2.5 now $899K, 1234 Middle Gulf Dr 3/3 now $1.249M, 598 Kinzie Island Ct 3/3.5 now $1.595M, 513 Lighthouse Way 3/3 now $1.778M, 984 Oyster Ct 3/3.5 now $1.95M.

4 new sales: 1411 Sandpiper Cir 2/2 half-duplex listed at $439K, 1983 Roseate Ln 2/2 listed at $539K, 539 East Rocks Dr 5/5 listed at $1.3M, 4449 Waters Edge Ln 3/3 listed at $4.495M.

1 closed sale: 8991 Mockingbird Dr 3/2 $800K.

LOTS

1 new listing: 1246 Seagrape Ln $2.995M.

No price changes or new sales.

2 closed sales: 592 Sea Oats Dr $315K, 690 Birdie View Pt $360K.

Captiva

CONDOS

No new listings or price changes.

1 new sale: Tennis Villas #3121 1/1/2 listed at $255K.

No closed sales.

HOMES

No new listings.

3 price changes: 11535 Chapin Ln 4/4 now $1.449M, 11411 Old Lodge Ln 4/3 now $1.775M, 16979 Captiva Dr 7/6.5 now $4.435M.

No new sales.

2 closed sales: 11536 Andy Rosse Ln 3/3 $1.675M, 11400 Dickey Ln 4/6.5 $7.5M.

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 activiislty in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Until next Friday, here’s wishing you sunny beach days with lots of shells – like this one!

Susan Andrews, aka SanibelSusan

sanibel-island-shelling.jpg

Real Estate & More on Sanibel & Captiva Islands


SanibelSusan here reporting another week of wonderful island weather and the good news for those of us traveling Sanibel’s roadways has been a bit of a traffic reprieve. The islands remain busy with holiday vacationers, including many locals since schools are still out, but Periwinkle Way has been a little easier to maneuver this week.

Several of our listings had showings, with some future appointments scheduled. All-in-all, it’s looking like the first quarter of 2017 will be a busy one.

At SanibelSusan Realty Associates

Sanibelsusan LogoWe received a terrific new listing yesterday and another today. The first a large beautifully-remodeled meticulous and professionally-decorated 3+bedroom along the back circle in Seagull Estates will be posted in MLS early next week, as soon as the professional photography is done. With three screened porches overlooking a tropical backyard that borders conservation land, it also is an easy stroll or bike ride to the community pool, clubhouse, tennis, and beach access.

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239 Daniel Drive in Seagull Estates

 

The 2nd is another beach-front condo at Casa Ybel Resort in their guaranteed income program. You may remember that we had another unit listed there that closed the end of the year. Those units (there are only 40 condos within the resort) are what many local Realtors® call “no brainers” for investors looking for easy ownership. The resort takes care of everything (including utilities and updates/repairs) with owners getting half of the annual income which usually is just under $100K. Cottage Colony West #119 will be posted later today in MLS.

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Balcony & private stairs to beach at Cottage Colony West #119 at Casa Ybel Resort

 

Teammate Dave held an Open House yesterday at Pointe Santo and had good walk-in traffic – other island owners and renters. As properties are vacant and available, he will continue those open houses through season. He’s been busy opening listings for showings and accompanying showings too – all good action this week.

closeup-view-to-straightlefteast

Looking from Pointe Santo #C34 over lagoon to clubhouse to gulf

 

The team and I are watching prices closely now that “season” is here. Overall sales in 2016 fell short of 2015. Prices, however, continue to creep up, but still are far from where they were in the heyday of 2006. The positive post-election vibes, I expect will keep those prices on the upswing. It should be a winter of plenty of offers (she said optimistically).

Sanibel & Captiva Islands Association of Realtors® Caravan Meeting

Sanibel realtors logoThere were only a few sales announced at the Realtor® Caravan Meeting yesterday. Those are listed in the report below of the action posted since last Friday in the Sanibel/Captiva Multiple Listing Service.

Our meeting next Thursday morning is the island Association of Realtors® Annual Installation and Awards event. It is usually an evening banquet, but this year is a morning (8 a.m.) breakfast at The Sanctuary. The Caravan following will be a shortened version, so our listings due for caravan will be open the following week from 9 a.m. to noon.

 Want to Avoid Legal Hassles? Top Lessons From 2016

Florida Realtors logoThe below article was posted online today at FloridaRealtors® and has some good advice. It came from Fort Lauderdale’s “Sun Sentinel”. Info about the author follows the article.

“With the foreclosure crisis over and home prices continuing to increase, we’ve moved past the problems that were unique to the housing bust. It’s a more normal real estate market these days, but that doesn’t mean there aren’t issues around every corner.

“Here are my top lessons learned in 2016:

  • “Whether you’re on the board of your community association or just live in one, you need to read your governing documents. The answers to most problems can be found there, so it should be your first stop before you file a complaint or a lawsuit.
  • “Remember, when you bought your home, you agreed to the restrictions that are now vexing you. If you want to change the rules, get involved. Join the board of directors. If you’re on the board and want to change things, first clear it with the association’s attorney. Association litigation is expensive and often easy to avoid if you know your community’s rules and follow them.
  • “I’ll address two questions I hear several times a week: First, your association can foreclose on your home over a small amount of owed dues. Even if there is a mistake on your maintenance bill, pay the disputed money and then work with your association to resolve the error. Second, accept that residents are entitled to service animals under the law – even if the residents don’t appear to have visible disabilities. If you think a resident is abusing the rules, speak to the association’s attorney before you do anything.
  • “Interest rates are rising, and lenders are lending money again. If you have any intention of refinancing your mortgage, now is the time to do it. It’s also a good time to buy a home. As interest rates increase, your purchasing power will decrease. Although I don’t think interest rates will skyrocket, you should get the cheap money now while it’s still available.
  • “Finally, one of my favorite sayings is, “If you can say it, you can sign it.” Many times, relationships go wrong and promises get broken. Two people can have the same conversation and walk away with very different understandings. Whether you are agreeing to help your adult child buy a home or making a deal with a contractor to remodel your kitchen, always write down what you both agree to and then sign your names to it. While a properly drafted contract is best, just writing down, in detail, what each party agreed to, will reduce the chances of a dispute and make things easier to resolve if there is a disagreement.

“About the writer: Gary M. Singer is a Florida attorney and board-certified as an expert in real estate law by the Florida Bar. He practices real estate, business litigation and contract law from his office in Sunrise, Fla. He is the chairman of the Real Estate Section of the Broward County Bar Association and is a co-host of the weekly radio show Legal News and Review. He frequently consults on general real estate matters and trends in Florida with various companies across the nation. Send him questions online at http://www.sunsentinel.com/askpro or follow him on Twitter @GarySingerLaw.”

Sanibel & Captiva Multiple Listing Service Activity December 30, 2016 – January 6, 2017

sancap GO MLS logoSanibel

CONDOS

4 new listings: Breakers West #A5 2/2 $514K, Sanibel Arms #F2 1/1 $515K, Cottage Colony West #119 1/1 $674K (our listing), Island Beach Club #220E 2/2 $1.039M.

1 price change: Sundial West #S404 3/2 now $850K.

1 new sale: Pointe Santo #E37 3/2 listed at $1.475M.

1 closed sale: Cottage Colony West #137 1/1 $602.5K.

HOMES

4 new listings: 474 Lake Murex Cir 2/2 $399K, 3008 Singing Wind Dr 2/2 $529K, 4239 Gulf Pines Dr 3/2 $549K, 1304 Seaspray Ln 3/2.5 $4.495M.

5 price changes: 2401 Shop Rd 2/1 now $278K, 1478 Albatross Rd 3/2 now $659K, 5757 Pine Tree Dr 3/2.5 now $800K, 1321 Par View Dr 3/2.5 now $895K, 407 Bella Vista Way 4/4 now $2.99M.

5 new sales: 2142 Egret Cir 3/2 listed at $499K, 5406 Osprey Ct 3/2 listed at $889K, 521 Lighthouse Way 3/2 listed at $995K, 1511 Angel Dr 3/3 listed at $1.25M, 5125 Joewood Dr 4/4 listed at $2.595M.

1 closed sales: 1559 Sand Castle Rd 3/2 $625K.

LOTS

1 new listing: 629 Lighthouse Way $1.095M.

No price changes.

2 new sales: 2379 Wulfert Rd listed at $289K, 592 Sea Oats Dr listed at $349.9K.

1 closed sale: 2411 Blue Crab Ct $307,318.

Captiva

CONDOS

2 new listings: Tennis Villas #3121 1/1/2 $255K, Bayside Villas #1/2 $315K.

No price changes, new or closed sales.

HOMES

1 new listing: 11551 Wightman Ln 3/3.5 $5M.

3 price changes: 43 Oster Ct 2/2.5 now $879K; 14980 Binder Dr 4/3 now $1,377,935; 14860 Mango Ct 5/4 now $2,343,925.

1 new sale: 11537 Laika Ln 4/3 listed at $1.549M.

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 activiislty in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Until next Friday, here’s hoping your winter is warm and bright. Another cool front is expected to pass through here on Sunday when the high is forecast to be just 61 degrees F and breezy. Back into the 70’s right after that. Just how we like January on Sanibel.

Susan Andrews, aka SanibelSusan

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Beach path at Casa Ybel Resort

Heading into 2017 at SanibelSusan Realty


It’s SanibelSusan with another report of a busy island, but not a lot of real estate activity. A nice bright, though chilly and breezy, day today with temperatures expected to remain in the 60’s. Back to 70-degree weather tomorrow and for the upcoming week. Here are a few photos taken at the Nerita Street beach access at 1:30 p.m. today.

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This week was the first since “high season” last year with gridlock on Periwinkle Way (from about 3 to 7 p.m.).

Tuesday night, I attempted to get home from the office by driving my usual route straight down Periwinkle Way. This is a 2.9-mile ride which usually takes 10-12 minutes. Not, so that night, it took 45 minutes.

Wednesday night, when the traffic in front of the office again was “all stop”, I decided to go the “back way”. Mind you, the normal “back way” is to take Periwinkle west to Tarpon Bay Road south to West Gulf Drive to Middle Gulf Drive to East Gulf Drive to the end, and then Periwinkle west. That didn’t work as Tarpon Bay Road was backed up, so I instead drove all the way to Rabbit Road to get to Sanibel’s east end. Even so, that long route was quicker. I left the office at 6 p.m. and was home in 30 minutes. Only back-up was on East Gulf where it was a crawl from Nerita St to Lindgren Blvd.

So, last night when the traffic in front of the office looked light at 5 p.m., I decided to go home on time and again try the direct Periwinkle route. Not a smart move – 90 minutes later I had crawled from Sanibel Square to Donax Street. It took better than 2 hours to go the 2.9-mile stretch.

So, “season is here” and we again share the roadways, beaches, bike paths, and restaurants with snowbirds, visitors, and vacationers. We grit out teeth and hope they all came to buy real estate.

By the way, an astounding number of bikers, including many small children, were traveling at night with no lights, wearing dark clothing, and crossing roadways without stopping or even looking for traffic. Cautious thoughtful driving is a must and a friendly thanks to the folks directing traffic goes a long way.

Now for the rest of the news…

At SanibelSusan Realty Associates

Sanibelsusan LogoThe team and I are happy to report another closing this week as well as a new luxury condo listing. We received an offer on a listing too, still in negotiations.

Teammate Dave held a couple of open houses this week, trying to capitalize on the traffic. He had positive comments and good interest. Lisa will be in the office tomorrow, while I’m covering Sunday and Monday, which is a holiday for the team. We are ready to make a New Year’s sale!

Sanibel & Captiva Islands Association of Realtors® Caravan Meeting

Sanibel realtors logoYesterday, attendance was light at the local Association of Realtors’® Thursday morning Caravan meeting. A handful of new listings were announced (including our new lot listing at Sanibel Center and condo listing at Beachcomber). Only a few new sales were announced. After some more news items below is the activity posted in the Sanibel and Captiva Multiple Listing Service since last Friday.

Island Taxi

island-taxi-logoMany returning for season don’t know that there is a new taxi service on Sanibel.

With a fleet of 15 sedans and vans, Island Taxi is in the shopping center at 975 Rabbit Rd.

More info at www.islandtaxi.com.

17th Annual Polar Bear Plunge

It is hardly considered polar bear weather here, but on Sunday (Jan 1), the Sanibel-Captiva Chapter of the National Polar Bear Club will hold its 17th annual meeting at noon at Tarpon Bay Beach (gulf-end of Tarpon Bay Rd). All participants receive a free membership card and certificate (for framing). Sign-in and song sheet distribution begins at 11 a.m. It’s fun, it’s free, and singing of the traditional polar bear anthem kicks off the event after which participants enter the chilly gulf waters. (It could be chilly too, as a cool front arrived today.)

New Programs Offered at SCCF

SCCF logoAs new events are scheduled and announced, I continue to update the “Upcoming Events” tab above.

Check it out for the days/times for new January offerings at the Conservation Foundation.

Included are programs on Florida panthers and conservation photography.

Randy Wayne White Fans

sanibel-flats-book-coverBest-selling local author and father of the Doc Ford’s novels, Randy Wayne White, will be sharing his experiences from the 70’s and 80’s as fishing guide at Tarpon Bay Marina during a free presentation at the Captiva Civic Center, Tuesday, Jan 10, from 6 to 7:30 p.m. Limited seating, first-come first-seated.

Sanibel & Captiva Multiple Listing Service Activity December 23-30, 2016

Sanibel

CONDOS

3 new listings: Tennisplace #A31 2/1 $349K, Loggerhead Cay #253 2/2 $559K, Beachcomber #A102 2/2 $1.495M (our listing) (see slideshow below).

5 price changes: Kings Crown #211 3/2 now $875K, Loggerhead Cay #152 2/2 now $949K, Loggerhead Cay #103 2/2 now $999K, Gulfside Place #123 2/2 now $1.298M, Pine Cove #104 3/2 now $1.395M.

No new sales.

1 closed sale: Cottage Colony West #136 1/1 $600K (our listing). 

HOMES

6 new listings: 1357 Jamaica Dr 2/2 duplex $595K, 5305 Ladyfinger Lake Rd 3/2 $695K, 785 Birdie View Pt 3/2.5 $1.149M, 5403 Shearwater Dr 4/3 $1.349M, 5639 Baltusrol Ct 4/4.5 $1.695M, 1237 Isabel Dr 5/6.5 $2.28M.

7 price changes: 1817 Atlanta Plaza Dr 3/2 now $499K, 1714 Bunting Ln 3/2 now $559K, 340 East Gulf Dr 2/2 now $579K, 5308 Umbrella Pool Rd 3/2 now $594K, 5292 Umbrella Pool Rd 3/2 now $649K, 186 Southwinds Dr 2/2 now $699K, 4760 Rue Helene 3/2 now $999K.

4 new sales: 9209 Kincaid Ct 3/2 listed at $479K, 1709 Sand Pebble Way 5/3 triplex listed at $510K, 1232 Par View Dr 3/2.5 listed at $929K, 1842 Woodring Rd 3/3.5 listed at $1.95M.

4 closed sales: 1150 Schooner Pl 2/2 $580K, 5279 Umbrella Pool Rd 3/2 $600K, 1245 Anhinga Ln 3/2 $639K, 2405 Blue Crab Ct 4/4.5 $2.515M.

LOTS

No new listings.

1 price change: 2486 Wulfert Rd now $179K.

2 new sales: 2462 Wulfert Rd $219.5K, 255 Hurricane Ln listed at $339K.

No closed sales.

Captiva

CONDOS

No new listings & price changes.

2 new sales: without contingencies: Bayside Villas #4214 1/2 listed at $317.5K, Bayside Villas #5316 3/3 listed at $599K.

1 closed sale: Tennis Villas #3238 2/2 $410K.

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 activiislty in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Happy-New-Year-2017.jpgHappy New Year from all of us at The SanibelSusan Team,

Susan Andrews, David Anderson, Elise Carnes, & Lisa Murty

Pre-Christmas at SanibelSusan Realty


merry-christmas-from-sanibelIt is quiet at SanibelSusan Realty Associates this afternoon. The team is now off for the holiday weekend, so you-know-who is manning the fort. The last few days, the island slowly has filled up with visitors. Those from the north particularly are loving that Southwest Florida set records this week for highest temperatures ever recorded here in December (91 degrees F).

Wednesday morning – on the 1st day of winter – as teammates Dave, Elise and I were powwowing about listings and showings, I remarked that the rare overcast sky looked like it sometimes does up north, just before it snows. That’s when a vacationer ran by our back door dressed in just shorts. Gave us all a giggle since that was after the temperature had dropped to a cool 68 degrees. We hope the warm weather brings more buyers!

We had no weekly Realtor® caravan meeting yesterday because of the holiday and though the roadways and bike paths are busy, Dave only one couple visit his Open House midweek.

Below, after a few news items, is the activity posted this week in the Sanibel & Captiva Islands Multiple Listing Service.

Sanibel Openings/Re-Openings

  • Totally Baked – now open seven days a week from 6 a.m. to 2 p.m. at 2407 Periwinkle Way. Serving homemade cakes, doughnuts, cupcakes, cookies, candies, biscuits, freshly baked bread, plus breakfast & lunch menu.
  • Sanibel Sea School Winter Camp – Has a different theme each week this year. This week the theme is “Polynesian Ocean Traditions; Dec 26 through 30 “Ocean Tribe Traditions”, and Jan 2 through 6 “Japanese Ocean Traditions”. Camps are 9 a.m. to 4 p.m.
  • Sanibel Farmers Market – will be closed Sunday for Christmas, but will have a make-up day on Monday, December 26, from 8 a.m. to 1 p.m. Then through May 28, including on New Year’s Day, the market will be open every Sunday during the same hours. (at City Hall)
  • Sanibel Café Re-opening – Wednesday, December 28, after renovations following their fire in late September. Hours are 7 a.m. to 2:30 p.m.
  • Community House – Construction is nearing completion, with landscaping going in now. Opening in January.

87th Master Gardener Lecture Series

Free, open to the public, but limited seating, at Sanibel Library on Thursday January 5 at 10 a.m. Speaker is Rick Joyce, nationally-recognized expert on pruning of landscape plants, especially trees.

Captiva Beach Tilling Starts January 9

captiva-beach-tillingAn article and this photo posted on-line Wednesday at “Santiva-Chronicle” says:

“The Captiva Erosion Prevention District will till the sand placed in the 2013-14 re-nourishment project starting in January.

“The staging area for the contractor is the Alison Hagerup parking lot. The work is being performed by Perry’s Beach Service of Fort Myers.

“Tilling is scheduled to begin the morning of Jan. 9 and proceed north to Redfish Pass. After completing this segment, work will continue south of Hagerup Beach to Blind Pass. All work is estimated to be completed by the end of the day, Jan. 13, weather permitting. All operations will occur during daylight hours.

“Tilling is permit-required to lessen the impact of compacted sand on sea turtle nesting and hatching activities. The turtles prefer soft sand for digging their nests and laying their eggs. The work is scheduled so that it will not interfere with piping plover nesting, which begins Feb. 1, and sea turtle nesting, which begins May 1.

“The project includes tilling and dressing the sand and leveling any escarpment that exceeds 18 inches in height and is more than 100 feet long.

“A tractor pulling a rake with tines will till the approximately 25,600 linear feet of re-nourished beach to a minimum depth of 36 inches. The use of horns, whistles, and signals will be kept to a minimum to ensure a quiet operation while maintaining job site safety. There will be minimal disruption to traffic on roads adjacent to the beach.

“Residents, beachgoers, and businesses are required to remove all obstructions, including umbrellas, chairs, and canopies, between the dunes and high tide lines, that might interfere with the work.  Beachgoers are asked to avoid the area where tilling is being done until the tractor is a safe distance away and to heed all signs and instructions from tilling personnel.

“Questions should be directed to CEPD by calling 239-472-2472, or by kathleen@mycepd.com.”

Fire at Blind Pass Condo

Last Sunday afternoon, a fire at a condo at Blind Pass condominium (#G201) was quickly extinguished, but it burned out the vacationing family of seven. City Manager Judie Zimomra commended the Sanibel Fire District, Sanibel Police, and neighboring fire districts for their quick response. I heard that the fire was caused by a charging electronic device. This upstairs unit was destroyed and the unit below had significant water damage. The family – father, mother, and five children – had its belongings wiped out. The City coordinated with F.I.S.H. (Friends in Service Here) and the Tourism Development Council to provide relief.

“Here Comes Santa Claus”

santaFellow BIG ARTS Chorister, Mike Bugler, penned the following words to a new song he calls “We Love Sanibel”. Sung it to the tune of “Here Comes Santa Claus”, it’s pretty cute.

“We’re on Sanibel, we’re on Sanibel

We just got here by plane

Escaped the snow and the 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

While 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 so right

We’re-not-going-north for another-few-months

So let’s all have fun tonight”

Sanibel YouTube Video

If you need a little Sanibel pick-me-up. Here is a link to a video I saw posted on Facebook this morning. It’s terrific.

SANIBEL CSN 2016

SANIBEL TRIP, ALTERNATE EDIT. MUSIC BY CROSBY, STILLS, NASH AND YOUNG.

Sanibel & Captiva Multiple Listing Service Activity December 16-23, 2016

Sanibel

CONDOS

3 new listings: Loggerhead Cay #234 2/2 $579K, Sundial East #O401 2/2 $729K, Sundial East #O407 2/2 $1.199M.

2 price changes: Lighthouse Point #129 3/2 now $599K (our listing), Shorewood #1C 3/2 now $889K.

2 new sales: Seawind #103 2/2.5 listed at $564K, Cottage Colony West #137 1/1 listed at $649K.

6 closed sales: Kimball Lodge #263 1/1.5 $395K, Sundial West #C310 1/1 $429.5K, Sundial East #P401 2/2 $852K (our listing), Surfside 12 #B3 3/2 $899.75K, Sunset South #15B 2/2 $950K, Kings Crown #105 3/2 $1.19M.

HOMES

11 new listings: 1709 Sand Pebble Way 3/3 triplex $510K, 5299 Ladyfinger Lake Rd 3/3 $749K, 5406 Osprey Ct 3/2 $889K, 1073 Fish Crow Rd 3/2.5 $899K, 1396 Tahiti Dr 4/2/3 $989K, 5313 Punta Caloosa Ct 3/2 $998K, 1511 Angel Dr 3/3 $1.25M, 924 Pecten Ct 4/4 $1.965M, 5606 Baltusrol Ct 4/6 $2.995M, 2964 Wulfert Rd 4/5.5 $3.495M, 1206 Bay Dr 4/4.5 $3.99999M.

4 price changes: 1585 Serenity Ln 3/3 now $549K, 465 Lake Murex Cir 2/2.5 now $599K, 1212 Par View Dr 2/2 now $629K, 5105 Sanibel-Captiva Rd 4/3 now $649K.

No new sales.

4 closed sales: 4215 Old Banyan Way 3/3 $690K, 400 Rabbit Rd 4/3 $757K, 232 Robinwood Cir 4/3 $1.1125M, 626 Kinzie Island Ct 3/2.5 $1.635M.

LOTS

2 new listings: 1550 Centre St $199K (our listing) $199K, 1026 Fish Crow Rd $430K.

2 price changes: 644 Sea Oats Dr now $325K, 2401 Blue Crab Ct now $789K.

No new sales.

2 closed sales: 9211 Dimmick Dr $139.5K, 9426 Sage Ct $250K.

Captiva

CONDOS

4 new listings: Sunset Beach Villas #2324 2/2 $645K, Captiva Shores #8A 3/2.5 $1.795M, Beach Homes #7 2/2 $1.795M, Beach Homes #8 3/2 $2.7M.

No price changes, new sales, 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.)

white-christmas-signMerry Christmas from all of us!

The SanibelSusan Team – Dave, Elise, Lisa, & Susan

Mid-December on Sanibel/Captiva


SanibelSusan is reporting again that pre-Christmas and year-end events continue to keep Sanibel and Captiva Island real estate showings and sales activity to a minimum, but I was happy to make a “new sale” announcement at our local Association of Realtors® monthly breakfast meeting yesterday.

Below are more details from the meeting, a few news items, and a report of the action posted since last Friday in the Sanibel & Captiva Multiple Listing Service.

Beginning Saturday, the island is expected to fill up with holiday visitors. Though, heaviest check-ins are expected, the following week, on Christmas Eve. With the chilly weather in so much of the nation, I am sure that the islands are looking mighty fine to many right now. It’s a sunny 80 degrees here as I post this at 3:30 p.m. with weather expected to be the same right through Christmas. No need for ugly Christmas sweaters here!

i-wear-flip-flops-in-winter

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logo2017 Professional Standards Committee – Many know that Realtors® subscribe to a Code of Ethics. We also self-govern, handling complaints from the public or colleagues regarding matters of ethics or commission arbitrations. To serve on the committees that handle these issues (thankfully few complaints are filed on Sanibel & Captiva), annual mandatory training is required. Since I will be heading the Sanibel/Captiva Association’s Ombudsman Committee again in next, I was one of 14 island Realtors® who this week completed their training for 2017. Here we are with our Florida Realtors® instructor, Anne Cockayne.

Pro Stds 12-14-16.jpg

December Monthly Membership Meeting – Dustyn Corace, 2017 President-elect, presided over the monthly meeting yesterday at the Sanibel & Captiva Islands Association of Realtors®. Guest speakers were Cara Pennetti, Owner Services Manager, and Phillip Starling, General Manager, from Sundial Beach Resort and Spa.

sundial-logoLooking to increase the number of Sundial units enrolled in their on-site rental program, Cara and Phil reminded Realtors® that the resort’s new 3-year rental agreement, now going into its second year, gives owners 55% of the income the 1st year, followed by 57% and 60% in the following years. With this agreement, owners may reserve up to 28 days for their own use between February 15 and April 30, otherwise owner time is unlimited.

Phil also spoke of the new pickleball courts being constructed at the resort (more on that below). He also said that plans and permits are in the works for a new food/beverage offering that is expected to be open in the lobby area beginning February 1. Sounded like it could be take-out, but it’s not ready to be officially announced yet – more on that in the days to come.

Before the Caravan portion of the meeting, 2017 Committee Chairs gave brief presentations on their plans for the upcoming year. Since the current chair was away, as the incoming Chair for Communications & Public Relations, I reported on the three ads that will be in upcoming publications. Developed from a member survey conducted earlier this year and titled “Realtors® Make a Difference”, these marketing pieces describe how island Realtors® help, serve, and take pride in our community.

50-50-raffleI also reported that monies from the reserve fund from our meeting 50/50 drawings are being donated to the following local charities: $500 CHR (Community Housing & Resources), $500 CROW (Care & Rehabilitation of Wildlife), $500 F.I.S.H. (Friends In Service Here), $500 Friends Who Care, $500 San-Cap Cares (Golisano Children’s Hospital), and $1,000 The Community House. Formal check presentations will be made later this month.

Earlier this year from our RPAC contributions, a $4,500 grant went to SCCF (Sanibel-Captiva Conservation Foundation) for educational boat trips. The Association is proud of its partnerships with, and support from, many local organizations.

Sundial Beach Resort & Spa Has Pickleball Coming

santiva chronicleThe “Santiva-Chronicle” reported Wednesday that “Sundial Beach Resort & Spa has announced the addition of 12 regulation pickleball courts to its lineup of resort amenities and public offerings.

2016-sundial-pickleball

“The Plexicushion system courts will provide the area with state-of-the-art tournament-grade facilities in a beautiful, lake-front setting.  Construction is underway with an anticipated early spring opening.

“Pickleball was invented in 1965 as the result of family boredom and ingenuity and has enjoyed a rapidly growing burst of popularity.  A combination of tennis, badminton and table tennis, it now claims the title of the “fastest growing sport in North America”.  Suitable for all ages and skill levels, the sport is a game of shot placement rather than strength and may be played at a leisurely pace or highly competitive tournament level.

““We’re looking forward to bringing a quality, state-of-the-art pickleball facility to Southwest Florida” said Phillip Starling, Sundial’s general manager.  “Not only will Sundial be the first area resort to offer onsite, stand-alone courts to guests, we’ll also be providing a resource for local and tournament play in our region.”

“Erica Cossairt, Director of Tennis, will oversee Sundial’s pickleball program and league play.  Lessons, round robins, and clinics for all ages will be available to both resort guests, residents and visitors. Introductory pickleball memberships will be offered to the public at $250 annually or a $5 guest fee per person per hour.

“Guests of the resort will enjoy complimentary access as part of Sundial’s activity package. In addition, the resort plans to host USA Pickleball Association Tournament play including competition for all levels and ages with its inaugural tournament planned for later in the year.  For information on memberships and pickleball please contact pickleball@sundialresort.com or phone 239-395-6037.”

Update on Sanibel Community House

community-ctr-renovationConstruction is nearing completion at the $3M reconstruction, restoration, renovation, expansion project at The Community House. It all began in May. A temporary certificate of occupancy is expected before the end of the month. If it is received, equipment could starting moving in in early January. Events are already scheduled in 2017, including the 80th Annual Sanibel Shell Festival in March. Not bad for a building that is a 90-year-old structure. More info at www.SanibelCommunityHouse.net.

Holiday Happenings

Chapel by the Sea Captiva.jpgCommunity Carol Sing – open to the public, at historic Captiva Chapel By The Sea, 11580 Chapin Lane, Sunday, Dec 18 at 6 p.m. A handful of locals and featuring Johnny Jensen on the drums are performing “Little Drummer Boy”. You-know-who is singing alto.

Santa Run – Want presents delivered? They must be taken to the main fire station at 2351 Palm Ridge Rd no later than 5 p.m. next Friday, Dec 23. Each gift must be in a bag with instructions attached. If it is going to a condo, a detailed sketch is helpful. Sponsored by the Sanibel-Captiva Kiwanis Club, delivery begins at 5:30 p.m.

Christmas Eve on Lighthouse Beach – open to the public, 5 p.m. outdoor service by Sanibel Congregational United Church of Christ with candle lighting, carol singing, & offering to benefit F.I.S.H and the Salvation Army.

2017 Investing: Turbulent Market, Lots of Opportunity

Florida Realtors logoThe below interesting, though lengthy article was posted yesterday at Florida Realtors® on line. Many have noticed that the market here came back following the election. I bet it stays hot through “season”, after that maybe some of the forecast here will apply.

“The real estate market is in for some turbulence in 2017, but it is not time for investors to hide under their beds, according to LaSalle Investment Managements latest Investment Strategy report.

“While there is a good chance there will be some real game-changers with (Donald) Trump’s election, Brexit, Italian referendum and more to come in 2017, investors should future-proof their portfolios by trying to get ahead of certain slow-moving secular trends including climate change and urbanization, said Jacques Gordon, global strategist in the real estate money managers Chicago office, in an interview.

“In the U.S., there is significant uncertainty surrounding Mr. Trump’s policies and direction, as well as the future relationship between Mr. Trump as president and the Republican-controlled Congress, the 2017 annual report, released Tuesday, noted.

“Tax cuts, infrastructure spending, deregulation and improved business sentiment – all things Mr. Trump has promoted – would benefit real estate investments, the paper stated.

“Real estate connected to infrastructure projects typically does extremely well, Mr. Gordon said. Examples include projects to convert abandoned rail lines into walkable urban spaces such as Manhattans High Line and similar projects in Atlanta, Chicago and Portland, Ore., he said.

“All of this takes infrastructure spending to get it going, Mr. Gordon said.

“However, trade wars, reduced immigration, interest rate increases and a standoff between Congress and the president on deficit spending would be negative for real estate investors.

“A trade war, for example, could hurt U.S. exports and real estate related to the technology, media and telecommunications sectors, the report noted.

“This is not a time for fear and terror, Mr. Gordon cautioned. It’s a time to pay attention and be aware of the structural changes that are coming, to be more cautious and to find places to move to offense.

“Watching trends – The four main structural, long-term trends that LaSalle tracks are demographics, technology, urbanization and environment. The latter category, new this year, covers climate change awareness, sustainability initiatives and measures to benefit the health and welfare of building users.

“Investors should keep these trends in mind as they can dramatically affect real estate holdings, the report states. This means focusing on the parts of the city where there are demographic, urbanization, technology and environmental change drivers, Mr. Gordon said.

“Tenants these days want properties that have recycling and energy conservation initiatives like saving on water, which also reduce costs, he said. Investors should also be aware of how properties in certain locations will do in climate-change conditions such as flooding. With 100-year floods happening every three years, it (climate change conditions) seems more common, he said.

“In some areas in Florida, for example, real estate investors should be aware of the costs of rising sea levels and rising tides on properties. Real estate investors can do things like making sure their backup generators are not in the basement in case of a flood, he said.

“There are investment opportunities in the U.S. One of the most attractive in 2017 will be warehouse development to take advantage of shoppers increasing preference for shopping online and subsequent moves toward faster delivery, the report states. This trend is driving demand for modern warehouses built to accommodate e-commerce in locations close to cities and traditional distribution centers, the report noted.

“LaSalle also is recommending defensive investments in premium malls, urban retail and grocery-anchored centers, which generally outperform other property types during recessions. The firm is making this recommendation even though the report acknowledges that in the future, shoppers could shift to online grocery shopping rather than buying groceries at brick-and-mortar stores.

“Looking north – “Still, LaSalle predicts rent growth will moderate in the U.S. as well as in Canada during 2017 from the high rates of 2015 and 2016. However, supply of new property should not overrun demand in North America as construction loans are harder to obtain.

“One investment opportunity in Canada stems from the globalization of Canadian pension plan portfolios, the report notes. As Canadian pension funds increase their international real estate exposure, they are selling off peripheral real estate holdings in Canada. This is creating investment opportunities in core and core-plus properties that are not typically available, the study states.

“In Europe, the coming elections in 2017 could lead to significant market volatility. The resignation of Italian Prime Minister Matteo Renzi after voters rejected a referendum to change the country’s constitution has brought anti-European Union-immigration forces to power in Italy, the paper notes. But even had the referendum passed, Italy still has problems that negatively impact real estate investors, including the undercapitalization of banks stifling credit, the report notes.

“With upcoming elections across Europe, LaSalle expects mainstream candidates to prevail over nationalist parties in Germany and France. If LaSalle executives are right, there will be moderate economic growth and inflation in 2017 and 2018, which should lead real estate investors to continue investing in income-producing properties in Europe.

“Competition for core income-producing real estate in Europe will remain intense, the study states. However, aside from a potential upside for office properties as a result of the U.K. vote to exit the European Union in June, LaSalle foresees investment opportunities in retail, including shopping centers in dominant shopping destinations in France and premium shopping centers in Sweden and Germany.

“There are also value-added opportunities in Europe. Examples are micro-apartments, apartment-hotels and student housing in Paris, Munich, Berlin, Amsterdam, Milan and Madrid.

“In Asia, Japanese pension plans have announced interest in expanding investment in real estate from less than 1 percent of an estimated 356 trillion ($3.09 trillion) combined total assets should create opportunity, the report indicated. Pension fund officials are first expected to invest in real estate in Japan and then move into core markets, sectors and properties outside the country. If Japanese pension plans increase their allocations by 2 percentage points, it would increase institutionally held real estate in Japan by 25%, the paper states.

“If you can keep your head when others are losing it, that is a good investment trait, Mr. Gordon said. Sitting still and doing nothing is the worst thing an investor can do. Then you’re letting the market push you around.

Copyright © 2016 All rights reversed for Saudi Press Agency. Provided by SyndiGate Media Inc. (Syndigate.info).

Sanibel & Captiva Multiple Listing Service Activity December 9-16, 2016

sancap GO MLS logoSanibel

CONDOS

5 new listings: Seawind #A108 2/2.5 $519K, Coquina Beach #2A 2/2 $619K, Sunset South #4A 2/2 $799K, Sundial West #E304 2/2 $814.5K, Pointe Santo #E37 3/2 $1.475M.

5 price changes: Coquina Beach #2C 2/2 now $599K, Sanibel Surfside #223 2/2 now $778K, Pointe Santo #B25 2/2 now $789K, Sundial East #T306 3/2 now $1.395M, Somerset #302 3/2.5 now $1.65M.

3 new sales: Sanibel Arms West #J6 2/2 listed at $495K, Cottage Colony West #136 1/1 listed at $624.9K (our listing), Sanddollar #B204 2/2 listed at $895K.

3 closed sales: Sundial West #I207 1/1 $299K, Mariner Pointe #522 2/2 $425K (our listing & sale), Loggerhead Cay #211 2/2 $575K.

HOMES

8 new listings: 5297 Punta Caloosa Ct 2/3 $699K, 4694 Rue Bayou 3/3 $739K, 1334 Junonia St 3/2 $749K, 1943 Sanibel Bayou Rd 3/3 $839K, 2920 West Gulf Dr 3/2 $979K, 775 Conch Ct 3/3 $1.595M, 1083 Bird Ln 4/3 $3.595M, 4689 Rue Bell Mer 5/6.5 $7.695M.

7 price changes: 998 Fish Crow Rd 3/2 now $699K; 537 Lake Murex Cir 3/3 now $899K (our listing); 1501 Sand Castle Rd 5/3.5 now $899,999; 276 Ferry Landing Dr 3/3 now $924.9K; 732 Windlass Way 4/3.5 now $1.379M; 2939 Wulfert Rd 5/5/3 now $1.795M; 1326 Seaspray Ln 4/4.5 now $1.995M.

2 new sales: 8991 Mockingbird Dr 3/2 listed at $829K, 800 Sand Dollar Dr 3/3.5 listed at $1.695M.

1 closed sale: 1722 Serenity Ln 3/3 $500K.

LOTS

2 new listings: 6095 Dinkins Lake Rd $289,555; 6159 Starling Way $689K.

2 price changes: 2462 Wulfert Rd now $219.5K, 1311 Par View Dr now $289K.

No new or closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

No new listings.

3 price changes: 14980 Binder Dr 4/3 now $1,377,956; 16167 Captiva Dr 4/3 now $1.699M; 14860 Mango Ct 5/4 now $2,343,946.

3 new sales: 11536 Andy Rosse Ln 3/3 listed at $1.775M, 11519 Andy Rosse Ln 6/5 listed at $2.225M, 11400 Dickey Ln 4/6.5 listed at $8.995M.

No closed sales.

LOTS

No new listings or price changes.

1 new sale: 16950 Captiva Dr listed at $2.995M.

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.)

holiday-palm-clip-artUntil next Friday, may your days be sunny & filled with holiday fun!

Susan Andrews, aka SanibelSusan

A December Week on Sanibel/Captiva


SanibelSusan here, reporting that there has been a little less real estate activity this week on Sanibel and Captiva Islands. Many on the island now seem to be in the holiday-prep mode. Some snowbirds already are heading north to be with family for the holidays, and Christmas visitors have not started arriving yet. Several rental units and resorts have vacancies both this week and next.

Teammate Dave held an Open House for the better part of the day yesterday at Pointe Santo C34. There usually is good traffic at that complex both from those staying there and driving/biking by, but he had only a couple of curious tenants visit.

view-2

View from Pointe Santo #C34

 

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

Sanibel & Captiva Islands Association of Realtors®

SanCapAssnLogoAt the Thursday morning Association of Realtors® Caravan Meeting yesterday, members brought toys and gift cards for “Friends Who Care”. “Friends Who Care” is a non-profit started back in 1983 by island tax consultant Tom Louwers and his late wife Teresa.

For years, local Realtors® have worked with them, helping collect, wrap, and distribute gifts and toys to island children and children of island employees who need aid. Working hand-in-hand to provide gifts associated with local giving trees, this year six “Friends Who Care” Santas will make the rounds, just before Christmas, distributing the gifts.santa-toy-bag

If you also would like to give, there are giving trees in many locations including the post office, Bank of the Islands, and Bailey’s or call at 239-472-5152. Adult helpers are always appreciated for gift sorting Wednesday, December 14, at 2 p.m. in Sundial’s San-Cap Room, followed by wrapping the next day at 9 a.m. (bring scissors). Gift delivery – also known as the Santa Run – by the local Kiwanians – is the evening of December 23.

During the business part of the meeting, I was happy to report that our listing at Sunset South, announced last week as a new listing, already is under contract.

Sanibel Civic Core Project

Sanibelcityseal logoAt Tuesday’s Sanibel City Council meeting, council members unanimously agreed to move forward with putting the Civic and Cultural Core Project up for public referendum on the March 7, 2017 ballot. The project which is estimated to cost approximately $42 million is a proposed multi-faceted facility including a new Island Seniors Center (Center-4-Life) building, BIG ARTS performance hall, theater and learning center, all interconnected to the existing library, City Hall, and Sanibel Historical Museum and Village by way of meandering walkways, bicycle and pedestrian paths. The 25-acre site also would include green space and large community green for public gatherings.

Funding for the project is proposed to come from BIG ARTS ($12 million), City of Sanibel ($8M), and grants and other funding sources ($22M), in addition to the City’s contribution of 25 acres of land, long with BIG ARTS one acre. There is more info about the project at www.SanibelCCP.org with upcoming “town hall” type meetings and additional press releases planned.

Civic Core Concept 02-16

Shell Harbor Dredging

p0007370

Photo from taken from Mariner Pointe in 2000, just before an earlier dredging project.

The City began dredging the entrance channel to Shell Harbor, near the Sanibel Marina, on November 30. Work will be complete soon, but in the meantime boat traffic periodically may be stopped or slowed.

 More Boating News

The public boat ramp at the Tarpon Bay Recreation Area is closed due to limited parking during construction of the new onsite Marine Lab. The Refuge is funding the construction and providing access to Tarpon Bay in partnership with the Sanibel-Captiva Conservation Foundation, which will outfit the lab and collaborate with its research.

The ramp will stay closed until further notice, or likely until after the Lab construction is complete, slated for fall 2017.

Check Those Web Cams

Reports are that viewings on the various island web cams are up. Happens every year when winter weather sets in up north. If you too want to check them out, it is easiest to go to the Chamber’s website at https://sanibel-captiva.org/sanibel-webcams/. Then pick and choose the location: Island Inn, Casa Ybel Resort, Sundial Beach Resort & Spa, J.N. “Ding” Darling Wildlife Refuge, The Mucky Duck, or Pink Shell (on Fort Myers Beach).

For the traffic cams, go to http://www.mysanibel.us/traffic/ and choose from: Causeway Span C, Periwinkle & Casa Ybel (looking east or west), Periwinkle & Tarpon Bay (looking north, south, or east).

island-cowReopening Soon

  • Sanibel Café – which has been closed since the end of September due to a kitchen fire is expected to reopen before the end of the year.
  • Island Cow – has been closed all week while the parking lot is getting pavers.

Got Shells? Give Shells!

mid-August-Sanibel-shells

Photo by Pam Rambo at http://www.ILoveShelling.com

According to their Fall 2016 newsletter, “The Shell Museum needs shells. Not the world’s largest or rare specimens for …exhibits, but the kinds of shells anyone can find on our local beaches on any given day. Why this “shell emergency?” The daily Family Shell Art programs are so popular that the Museum is running low on raw materials, aka shells!…

“”The shells don’t have to be perfect, and they can be from any Southwest Florida beach…they do need to be clean, and they must not be what the museum calls “live collected”, in other words, …only shells that are empty when found.”

“The preferred types of shells are lightning whelks under 3” long, paper figs, tulips, rose petal telins, buttercup lucins, apple murexes, paired cockles, dosinias, coquinas, large scallops, kitten paws, turkey wings, and button snails.

“Anyone with shells to donate may bring them to the Museum…for information, call 239-395-2233.”

Shell Art at the Beach

Here are a couple of photos of some cool holiday beach art made from shells in the sand. The word on the beach is that this is the work of a visiting couple who come to the island every year now. The husband creates the displays for his wife. This year, they include: a reindeer, a penguin wearing a Santa hat, and Santa himself with a few gifts. Pretty creative!

shell-art-2-12-2016shell-art-3-12-2016shell-art-12-2016

Sanibel & Captiva Multiple Listing Service Activity December 2-9, 2016

Sanibel

CONDOS

4 new listings: Sanibel Arms West #H2 2/2 $525K, Lighthouse Point #217 3/2/2 $569K, Lighthouse Point #211 2/2 $699K, Loggerhead Cay #181 2/2 $699K.

2 price changes: Donax Village #3 2/2 now $489K, Sanddollar #B204 2/2 now $895K.

4 new sales: Sunset South #11C 2/2 listed at $599K (our listing), Sundial East #P201 2/2 listed at $789K, Kings Crown #105 3/2 listed at $1.289M, Golden Beach #2 3/2.5 listed at $1.499M.

4 closed sales: Loggerhead Cay #452 2/2 $520K, Blind Pass #B203 3/2 $540K, Mariner Pointe #943 2/2.5 $555K, Chelsea Place #2 3/4 $3.65M.

HOMES

6 new listings: 915 Main St 2/1 $449K, 1817 Atlanta Plaza 3/2 $504.9K, 1983 Roseate Ln 2/2 $539K, 3043 Poinciana Cir 4/2 $599K, 465 Lake Murex Cir 2/2.5 $659K, 539 East Rocks Dr 5/5 $1.3M.

3 price changes: 998 Greenwood Ct 3/2 half-duplex now $439K, 5105 SanibelCaptiva Rd 4/3 now $664K, 1272 Isabel Dr 4/4.5 now $3.45M.

3 new sales: 4215 Old Banyan Way 3/3 listed at $699K, 3019 Poinciana Cir 5/3.5 listed at $950K, 232 Robinwod Cir 4/3 listed at $1.195M.

2 closed sales: 677 Durion Ct 3/2 $733K, 526 N Yachtsman Dr 3/2 $945K.

LOTS

2 new listings: 434 Lake Murex Cir $275K, 1301 Sand Castle Rd $380K.

1 price change: 1311 Par View Dr now $289K.

1 new sale: 592 Sea Oats Dr listed at $349.9K.

No closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

1 new listing: 11530 Chapin Ln 3/2 $1.395M.

2 price changes: 14980 Binder Dr 4/3 now $1,377,963; 14860 Mango Ct 5/4 now $2,343,953.

No new sales.

2 closed sales: 1135 Longifolia Ct 4/4.5 $3.45M, 953 South Seas Plantation Rd 5/5.5 $5.8035M

LOTS

No new listings or price changes.

1 new sale: 16950 Captiva Dr now $2.995M.

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.)

christmas-giftsUntil next Friday, enjoy your pre-holiday fun & please give The SanibelSusan Team a call if buying a piece of Paradise is on your Christmas list!

Susan Andrews, aka SanibelSusan

Sanibel Luminary & Island Real Estate


After what I hope was a nice Thanksgiving for everyone, it is SanibelSusan reporting that it has been a busy few days at SanibelSusan Realty. Two listings are under contract, one my sale, plus another sale, and another offer or two in the pipeline. Teammate Dave is busy with the closing action items, while our pals at Barrier Island Title likewise are busy, working on getting some of them closed by the end of the year. Last night, I posted a new listing on MLS too, so Teammate Elise is busy this morning with that one.

Very Thankful.pngWe are thankful for the nice, yet unexpected, spurt of activity!

Tonight is Sanibel Luminary, the 32nd year. For those here, below is a summary.

museum-luminary-2015Sanibel Historical Museum & Village from 3:30 to 5:30 p.m. with a 50’s theme, will have holiday tunes performed by the Sanibel Ensemble (good practice for our upcoming concert), followed by a brass ensemble.

Flash mob inside Bailey’s General Store 5 to 5:30-ish (more of those chorus singers).

Then 5:30 to 9 p.m., lit paths marking the Luminary Trail will lead the way to merry landmarks from one end of Periwinkle Way to the other.

247There will be lots of events at shopping centers and businesses along the way; but no trolleys this year, it really will be a stroll. Mid-island, thousands of lights are sparkling at the Sanibel Community Church where there will be food, drink, live music, a petting zoo and kid’s tent, plus a presentation of “A Walk Through Bethlehem”. Next door, Santa will be at Jerry’s Center. At the East end, Sanibel Sea School and the San-Cap chapter of Solutions to Avoid Red Tide have lots of luminary fun planned in the school parking area.

Tomorrow evening is the Captiva Luminary event, also from 5:30 to 9 p.m., on Captiva Drive and Andy Rosse Lane, with plenty of treats at various businesses and with several bands performing in the Village.

big arts logoAdding another event, if you are on-island, is the BIG ARTS Community Chorus Holiday Concert Tuesday evening (12/6) at Schein Performance Hall at 7 p.m. Tickets available at the box office. (Come to hear my first solo, it’s three words!)

Below after a couple of additional news items is the action posted this week in the Sanibel & Captiva Multiple Listing Service.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoThere was a big turn-out yesterday at the islands’ Thursday morning Association of Realtors® Caravan Meeting. I was happy to announce our new sales and new listings. During the following 9 a.m. to noon, Realtor® Caravan our Open House at Hight Tide was successful and Dave/Elise worked on the inventory too. Next week is West-End Caravan, followed by the monthly membership meeting and East-End Caravan on 12/15, when we will have another new listing open.

Water Improves on Sanibel

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Nice to read this article in the December issue of “The Junonia” by The Sanibel-Captiva Shell Club, Inc.:

“If you were on the beach during Thanksgiving week you may have noticed how clear the water was in comparison to earlier in the season…Just west of Lighthouse Beach…people were in waist deep water and bending over to pick up shells they saw on the sandbars. Many live shells and sand dollars were observed. Likewise, live animals could be seen on the beach and in the shallow waters. It was satisfying to watch people turning shells over and then returning them to the sand or water when they discovered they were alive.”

SanibelSusan’s 2-cents worth:

The clear water likely is weather and rain-related. After setting rain records early in the year (wettest January ever), it is obvious from the yellow grass along island roadways, that it is very dry here now. News reports say that since Hurricane Matthew in mid-October, which was Florida’s first hurricane in more than a decade, the rainy season essentially stopped, though it had been an unprecedented 53+” of rain in ten months. Since they, we have seen little if any precipitation in some areas of the island.

This lack of rain has allowed the Army Corps of Engineers to get the water level under control on Lake Okeechobee, which has meant fewer and lower-volume water releases coming down the Caloosahatchee.

Mother Nature has treated Southwest Florida well this year. Let’s hope the clear water stays!

2017 Sanibel Beach Parking Permits

Parking-On-Sanibel.png

2017 Sanibel Beach Parking Permits may be purchased at the Sanibel Recreation Center seven days a week during operating hours (Mon through Thurs 6:30 a.m. to 8 p.m; Fri 6:30 a.m. to 6:30 p.m.; Sat 8 a.m. to 5 p.m., & Sun 12 p.m. to 5 p.m. To qualify for any Beach Parking Permit, bring a valid vehicle registration for each vehicle AND a valid government-issued identification. Permits are valid through 11/30/2017. The permit decals and fees are:

“A” Resident/Property Owner $12 – A driver’s license showing a Sanibel address or proof of Sanibel property ownership is required to purchase a resident/property owner “A” sticker. Beach Access Lots 1 through 7 on West Gulf Dr require “A” permits.

“B” Non-Resident Permit $99

“C” Restricted Permit $90 (resident & non-resident) – “C” permits are required at Gulfside City Park (Algier’s), Boat Ramp & Causeway Parking Lot (or general parking at $4/hour).

“A/C” Resident/Property Owner Permit $102

“B/C” Non-Resident Permit $198

Time to File For Florida Homestead Exemption

LeePALogoThe time to file new Florida Homestead Exemptions is coming up. It’s January 1 to March 1. Wondering what the Homestead Exemption is? From www.Leepa.org:

“Homestead Exemption is a constitutional benefit of up to a $50,000 exemption removed from the assessed value of your property. It is granted to those applicants who possess title to real property and are bona fide Florida residents living in the dwelling and making it their permanent home on January 1. Documentation that proves you were a resident at the homestead property is required.

“Rental of the homestead property (exclusive use by a tenant on a temporary, seasonal or annual basis) constitutes abandonment of the homestead – if you plan to rent, contact the Appraiser’s Office to determine your exempt status.

“Properties granted Homestead Exemption automatically receive the “Save Our Homes” benefit. This is a constitutional benefit approved by the Florida voters in 1992. It places a limitation of 3% on annual assessment increase on Homestead properties beginning with the 1995 tax year.

“For properties granted Homestead Exemption in the prior years, that assessed value will be the base value for the implementation of “Save Our Homes”. Thereafter, the assessed value will not increase more than 3% or the Consumer Price Index, whichever is less. Exceptions to that limitation include new additions or construction that escaped taxation in the past. Another exception would occur when a homestead property sells: the assessed value returns to fair market value in the year following the sale. That fair market value assessment then becomes the base value for “Save Our Homes” purpose for the new owner/homestead applicant.

“You may file for your homestead exemption by mail, in person or on-line at www.leepa.org…”

Sanibel & Captiva Multiple Listing Service Activity Nov 25-Dec 2, 2016

Sanibel

CONDOS

3 new listings: Mariner Pointe #322 2/2.5 $529K, Sunset South #11C 2/2 $599K (our listing), Sundial East #L402 2/2 $749K.

2 price changes: Mariner Pointe #1412 1/1 now $385K, Sand Pointe #113 2/2 now $749K.

5 new sales: Mariner Pointe #522 2/2 listed at $449K (our listing & sale), Sandpiper Beach #504 2/2 listed at $789K, Sundial East #P401 2/2 listed at $899K (our listing), Sanibel Surfside #127 2/2 listed at $1.15M, Gulfside Place #115 2/2 listed at $1.595M (our buyer).

1 closed sale: Sundial #P205 2/2 $745K.

HOMES

3 new listings: 5308 Umbrella Pool Rd 3/2 $625K, 9436 Yucca Ct 3/2 $649K, 1561 San Carlos Bay Dr 3/4 $2.895M.

2 price changes: 9209 Kincaid Ct 3/2 now $479K, 1842 Woodring Rd 3/3.5 now $1.95M.

7 new sales: 671 Rabbit Rd 3/2 listed at $649K, 750 Nerita St 3/2 listed at $699K, 2549 Harbour Ln 3/2 listed at $749.5K, 1559 Sand Castle Rd 3/2 listed at $799K, 1146 Buttonwood Ln 3/3 listed at $975K, 5751 Baltusrol Ct 3/4 listed at $1.05M, 1717 Jewel Box Dr 3/3.5 listed at $2.1M.

4 closed sales: 970 Palm St 3/2 $519K, 1076 Sand Castle Rd 2/2 $575K, 588 Hideaway Ct 3/2 $670K, 3675 West Gulf Dr 3/2 $2.8M.

LOTS

2 new listings: 2998 Singing Wind Dr $199K, 978 Main St $210K.

No price changes, new or closed sales.

Captiva

CONDOS

No new listings, price changes, or new sales.

2 closed sales: Lands End Village #1639 2/2 $1.35M, Seabreeze at South Seas #1253 3/3 $1.497M.

HOMES

1 new listing: 11505 Gore Ln 5/5 $1.895M.

3 price changes: 11537 Laika Ln 4/3 now $1.549M, 11526 4/4 duplex now $1.799M, 14860 Mango Ct 5/4 now $2.34396M.

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 real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

luminary-116Until next Friday, hope your Luminary Trails are as bright as on the island!

Susan Andrews, aka SanibelSusan

Post-Thanksgiving Sanibel/Captiva Real Estate Scoop


2016-treeIt is SanibelSusan running SanibelSusan Realty solo today while the team gets an extra day off.

Our listings had a few showings earlier in the week, but the phone has rung only a couple of times today. Prospects must be out shopping, enjoying family time or just the beautiful weather. It is a bright sunny 81 degrees here this afternoon.

Teammate Elise’s daughter Payton joined us in the office on Wed. She and Elise got our Christmas decorations up. We have to do that early here, as the first Christmas events begin tonight.

With the Thursday holiday yesterday, we had no Realtor Caravan, but the activity posted in the Sanibel & Captiva Islands Multiple Listing Service since last Friday, follows a few news items.

Purchase Contracts: Is A Deposit Required to Seal The Deal?

Florida Realtors logoHere are excerpts from a good article by friend and FloridaRealtors® Vice President and General Counsel Margy Grant. It was posted Monday at FloridaRealtors® on-line.

“It’s a question we often get on the Florida Realtors® Legal Hotline: Is earnest money required to make a contract legal and binding. The answer: no.

“Deposits are often provided as evidence of a buyer’s commitment to the purchase, but they are not required by law. A binding contract to purchase real estate only requires consideration. Consideration is defined as something of value offered for something else of value.

“According to the Florida Bar, “The formation of a contract is accomplished when there is an offer and acceptance between the contracting parties of the exchange of ‘consideration’ (that is, something of value). This offer and acceptance are sometimes referred to as a ‘meeting of the minds.’ If the parties have not reached a meeting of the minds, then there is no agreement.” In the case of a real estate purchase contract, the consideration the buyer is offering is the purchase price in exchange for the deed to the property.

“Most purchase contracts contain a section to indicate the amount of an escrow deposit and when it’s due. Purchase contracts also usually contain a liquidated damages clause that entitles the seller to keep the deposit if the buyer defaults. Liquidated damages are common in real estate purchase contracts, even though the parties are agreeing what the remedy is for the other side in the event the buyer defaults.

“If you as the listing broker receive a contract that is either cash or 100% financing with a deposit amount of “0,” you must present it to the seller. This contract is valid despite the lack of an earnest money deposit. You may explain to the seller that because there’s no deposit, there is nothing for the seller to keep as liquidated damages if the buyer defaults. Buyers and sellers can negotiate these terms just like all other terms of the agreement.

“Some sellers look at a lack of deposit as unfair. Why, they ask, would they remove their house from the market if the buyer is not serious enough to put down a deposit? A seller certainly may insist on a deposit before agreeing to the contract; this is allowable if the buyer agrees. However, it is not legally required. In addition to a deposit, sellers will also sometimes ask for other requirements like proof of funds or a prequalification letter.

“Transactions come in all shapes and sizes. Realtors® do well to understand some components of contract law to assist them in working with buyers and sellers. All parties should review purchase contracts carefully, preferably with an attorney, to understand their rights under the agreement in the event the other party does not perform as promised.”

Now SanibelSusan’s 2-cents worth:

Here on the islands where Buyers and Sellers may be vacationing and “here today, gone tomorrow”, not only do Sellers want to see deposits, but they usually want them to be significant ones. Sometimes visiting Buyers don’t have their check books with them, so it is not unusual for a deposit to be provided within 3 days of contract acceptance, often by wire, after the Buyer has returned home.

For a typical island sale, the deposit is 10% of the purchase price. Sometimes it is provided in two parts, a smaller initial deposit within 3 days of the contract Effective Date and then a later second deposit bringing the total deposit up to 10%. With the “as is” contract, that second deposit often is related to the end of the inspection/cancellation period, when the contract usually becomes solid.

As the saying goes, “in the perfect world, Sellers want offers to be full price, cash, close tomorrow.” Since the “close tomorrow” part rarely can happen, it makes sense for Buyers to make strong deposits so Sellers give their offers serious consideration.

Upcoming Island Events

artist-clip-art-clipart-of-artistToday & Tomorrow – Nov 25 & 26 – 25th Sanibel Masters Art Festival from 9 a.m. to 5 p.m. at Sanibel Community Park (across the street from SanibelSusan Realty).

BIG ARTS Community Chorus is singing two holiday sets tomorrow morning (Sat) beginning at 10 a.m.

Tween WatersTonight – Nov 25 – ‘Tween Waters Inn Fireworks Show & Tree Lighting kick off the holiday season at sunset, with music, the lightening of the tree overlooking the gulf, and colorful fireworks display.

Tomorrow morning – Nov 26 – 5th Annual “Ding” Darling Kids Fishing Derby at Sanibel Causeway Islands Park (Island A, closest to Sanibel). Kids able to hold their own fishing pole may participate. Registration is FREE and begins at 8:30 a.m. Ages 15 & younger start fishing at 9 a.m & finish at 11 a.m. Awards ceremony at 11:30. Participants should bring fishing poles, but the refuge will provide a limited number of loaner poles. Bait will be provided. J.N. “Ding” Darling National Wildlife Refuge and the “Ding” Darling Wildlife Society – Friends of the Refuge (DDWS) cosponsor the event as part of this year’s Smithsonian Waterways exhibit at the refuge (Oct 28 – Dec 8), with support from The Historic Bait Box, Trophy Case of Fort Myers, Sanibel Island Fishing Club, and Lee County Parks & Recreation.

2016tree_lighting_for_app_and_websiteTomorrow night – Nov 26 – South Seas Tree Lighting Ceremony from 5:30 to 6:30 p.m. BIG ARTS Community Chorus singers will be performing again.

Also tomorrow night – Nov 26 – Sunset Arias on the Beach at ’Tween Waters Inn. Bring a blanket, sit back and enjoy beautiful operatic voices while the sun dips into the Gulf of Mexico.

Dec 2 – Next Friday – 32nd Annual Sanibel Luminary Holiday Stroll

  • luminary 2014.jpgSanibel Historical Museum & Village luminary event from 3:30 to 5:30 p.m. will showcase displays from the 50’s, including a replica of a former ferry’s wheelhouse. There will be music too, including some holiday tunes performed by the Sanibel Ensemble which is a small group of singers from the BIG ARTS Community Chorus. (It’s good practice for our upcoming holiday concert. Photo above from 2014 at the Museum/Village.)
  • Luminary SantaRumor has it that there will be another flash mob inside Bailey’s General Store 5 to 5:30-ish (more of those chorus singers). Then 5:30 to 9 p.m., lit paths will lead the way to merry landmarks from one end of Periwinkle Way to the other, where festival goers can enjoy assorted activities, snacks and refreshments. No trolleys this year, it really will be a stroll.
  • Mid-island, thousands of lights will adorn the campus of Sanibel Community Church where beginning at 5:30 p.m. there will be food, drink, live music, a petting zoo and kid’s tent, plus a presentation of “A Walk Through Bethlehem”.
  • Mid-island, Santa will be at Jerry’s Center with free photos from 5:30-7:30 p.m. There also will be wine, food tastings, Girl Scouts serving soda and hot dogs, plus live sax music.
  • At the East end, Sanibel Sea School and the San-Cap chapter of Solutions to Avoid Red Tide will partner to host luminary fun at the school’s flagship campus. The school parking lot will be converted into a festive patio, where attendees can sip mulled wine and beer, munch on snacks, including Ralph Woodring’s famous grilled mullet, and listen to music. There also will be family-friendly games and activities, and a raffle featuring prizes from both organizations.

Former Captiva LuminaryDec 3 – Next Sat – 32nd Annual Captiva Luminary Holiday Stroll from 5:30 to 9 p.m. Captiva luminary spans Captiva Drive and Andy Rosse Lane with plenty of special treats at various businesses and a variety of bands performing live music throughout the Village.

Sanibel & Captiva Multiple Listing Service Activity November 18-25, 2016

Sanibel

CONDOS

7 new listings: Coquina Beach #5A 2/2 $380K, Ibis at The Sanctuary #B302 3/3 $498.5K, Mariner Pointe #842 2/2 $499K, Sundial West #D305 1/1 $545K, Sand Pointe #215 2/2 $759K, Sundial West #A308 2/2 $809.9K, Sundial East #T306 3/2 $1.475M.

1 price change: Blind Pass #G203 2/2 now $455K.

1 new sale: Sundial West #C310 1/1 listed at $439K.

No closed sales.

HOMES

10 new listings: 998 Greenwood Ct 3/2.5 half-duplex $459K; 770 Donax St 2/2 $525K; 5305 Umbrella Pool Rd 3/2 $619,916; 671 Rabbit Rd 3/2 $649K; 5100 Sea Bell Rd 4/2.5 $739K; 186 Southwinds Dr 2/2 $749K; 608 Boulder Dr 2/2.5 $869K; 1126 Harbour Ct 3/2 $1.495M; 518 N Yachtsman Dr 3/3 $1.495M; 2474 Wulfert Rd 3/3.5.5 $1.495M.

6 price changes: 174 Southwinds Dr 2/2 half-duplex now $659K, 545 Piedmont Rd 3/2 now $659K, 1772 Serenity Ln 3/2 now $670K, 1429 Jamaica Dr 3/3 now $724.9K, 1048 Fish Crow Rd 3/2 now $849K, 918 Lindgren Blvd 3/3.5 now $1.199M.

3 new sales: 1411 Sandpiper Cir 2/2 listed at $439K, 400 Rabbit Rd 4/3 listed at $785K, 2405 Blue Crab Ct 4/4.5 listed at $2.695M.

3 closed sales: 1333 Par View Dr 3/2 $825K, 615 Hideaway Ct 3/2.5 $1.16M, 584 Kinzie Island Ct 3/4 $1.6M.

LOTS

2 new listings: 1344 Eagle Run Dr $279K, 5687 Baltusrol Ct $325K.

4 price changes: 4566 Buck Key Rd now $179K, 5633 Baltusrol Ct now $359K, 5830 Sanibel-Captiva Rd now $385K, 1305 Seaspray Ln now $729K.

No new or closed sales.

Captiva

CONDOS

No new listings or price changes.

1 new sale: Tennis Villas #3238 2/2 listed at $435K.

1 closed sale: Bayside Villas #4206 1/2 $277.5K.

HOMES

No new listings.

2 price changes: 14980 Binder Dr 4/3 now $1,377,977; 14860 Mango Ct 5/4 now $2,343,967.

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 real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Here’s hoping the weather is wonderful wherever you are!

Happy Friday! Susan Andrews, aka SanibelSusan

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Almost Thanksgiving on Sanibel & Captiva


pilgrims-and-indiansSusan here, reporting the end of another busy week at SanibelSusan Realty Associates.

For those not in town, I would be remiss if I didn’t mention that this week has been the weather that makes most locals happy. Bright breezy days with temperatures down into the 60’s at night. The highs forecast for the next week range from low to high 70’s.

Picture perfect Thanksgiving weather for those lucky enough to be here for the holiday. Great weather for viewing property too, so we hope to have lots of real estate inquiries over the next week.

We had good showing action this week with some weekend and early week showings already scheduled for next week. It should be a busy one – holiday and all.

The activity posted in the Sanibel & Captiva Islands Multiple Listing Service since last Friday, follows a few news items.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday morning was the local Association of Realtors® November Membership meeting.

At The Sanctuary – This week being a West-End Caravan, it was handy that the meeting was at the newly refurbished Clubhouse at The Sanctuary. Here are a few photos of the new décor. It is beautiful with a natural coastal modern casual vibe.

sanctuary-11-17-16-lobbysanctuary-11-17-16-living-rmsanctuary-11-17-16-club-fireplacesanctuary-11-17-16-club-dining

After the meeting, I got a private tour of the new 6000 sq. ft. fitness center by Club Manager Ken Kouril. This building is under construction, but is two months ahead of schedule. Now due to open in January. It will be a wonderful improvement for Sanctuary owners too. The facility which replaces a smaller building taken down some months ago, will house larger areas for exercise equipment, plus a huge yoga studio, special spa treatment rooms, and larger locker/baths/changing areas. The new pool outside is large – as big as the Rec Centers – and elevated with expansive deck area. Next to the tennis courts will be court(s) for the new popular sport – pickle ball.

News From City Hall – The speakers at the meeting were Sanibel City Manager Judith Zimomra; Sanibel Senior Planner Roy Gibson, and City Accounting Operations Manager Laura Zautcke.

sanctuary-speakers-11-17-16

Sanibel City Manager – Judie began her comments with “Every town is unique. Everyone thinks theirs is. Sanibel really is.”

As partners in our industry, Judie further described how the City works to keep government lean and taxes low and how Council has focused on ways to systematically increase property values, by getting growth through reinvestment. Examples are renovations of commercial buildings like Bennett’s Fresh Roast which formerly was an old real estate office and Huxters Center which recently updated both inside and out through a new waiver system.

Sanibel Senior Planner – Roy’s power point further discussed planning and zoning initiatives for redevelopment of nonconforming island properties. The goal of the redevelopment vision statement is to provide equitable process for redeveloping non-conforming properties that existed at the time of incorporation to redevelop through a transparent process without expanding existing non-conformities. The redevelopment process steps include reviewing the existing Land Development Code regulations and amending them to enhance incentives and improve standards for redevelopment, including Build-back Regulations (non-conforming structures and non-conforming uses), Resort Housing District, and Commercial District standards.

Other recent amendments to Sanibel regulations related to redevelopment include pervious brick pavers (excluded from coverage calculations) and a revised definition of substantial improvement. Regarding pervious pavers for residential driveways, the pavers now are excluded from calculations of impermeable coverage. This exclusion applies only for conforming properties, and currently only applies to driveways for single-family and duplex properties.

Regarding substantial improvements – this is a big change. “Substantial improvement means any repair, reconstruction, rehabilitation, addition or other improvement, or combination or accumulation of any repair, reconstruction, rehabilitation, addition or other improvement of a structure in which the cost of the improvement equals or exceeds 50% of the market value of the structure at the time that an application is filed”. This 50% rule used to apply for five years, now it applies per project, so allows for more improvements in shorter timeframes.

Sanibel City Accounting Operations Manager – During Laura’s financial presentation, she described the changes in the City’s 2016/2017 budgets. Her pie chart on taxes paid by Sanibel citizens based on final rates adopted by taxing authorities in September showed the 2016 average residential taxable value to be $558,975 with an average tax bill of $8,641. Of that bill, 45.2% goes to Lee County schools, 26.2% goes to Lee County, 14.9% goes to the City of Sanibel, and 13.7% goes to independent districts (like the Sanibel Library District, Sanibel Fire & Rescue District, etc.)

She also proudly described how Sanibel’s operating millage rate steadily has gone down from 2.5 in 2007 to 1.9139 which was the rate in 2016 and will be again in 2017.

Essentially during the same time, 2006 to 2015, Citywide outstanding debt (governmental, sewer, & pension) has gone from $79,147,305 to $40,634,677.

Thanks to these speakers for keeping our Realtors® up-to-date on what is happening at City Hall. We appreciate these annual presentations and City cooperation with us and our members whether it be researching properties, their permit histories, improvement potential, or in educating us on ways to improve our services. We are very lucky to have them, their resources, and partnership.

1 in 4 Florida Owners With Mortgage is ‘Equity Rich’

Florida Realtors logoPosted on line yesterday at FloridaRealtors®:

“ATTOM Data Solutions’ Q3 2016 U.S. Home Equity and Underwater Report finds that 23.4% of U.S. homeowners with a mortgage are equity rich, meaning their loan-to-value ratio is 50% or lower. It’s a year-to-year increase of more than 2.6 million owners.

“In Florida, the ratio is similar, according to ATTOM, where 23.2% of owners with a mortgage are equity rich.

On the flipside, 16% of Florida owners with a mortgage are still “seriously underwater,” meaning they have a loan-to-value ratio of 125% or higher. Nationwide, the seriously underwater percentage is 10.8% – a year-to-year decrease of 854,000-plus homeowners.

“”Close to one in every five U.S. homeowners with a mortgage is now equity rich thanks to a combination of rising home prices and lengthening homeownership tenures,” says Daren Blomquist, senior vice president at ATTOM Data Solutions.

“”Median home prices increased on a year-over-year basis for the 18th consecutive quarter in Q3 2016, and homeowners who sold in the third quarter had owned their home an average of 7.94 years – a new high in our data and substantially higher than the average homeownership tenure of 4.26 years pre-recession,” says Blomquist. “As homeowners stay in their homes longer before moving up, they are amassing more home equity wealth.”

“A closer look by metro areas finds no Florida city in the top 10 on ATTOM’s list, however. Still, one city – Cape Coral-Fort Myers – was notable for being the only state city in the list of seven metro areas that saw the number of equity-rich homeowners increase by more than 10% as the area logged a 11.5% point increase.

However, one Florida metro area also made ATTOM’s list of seven cities where more than 20% of homeowners with a mortgage are still underwater: Lakeland-Winter Haven ranked at No. 7 with an even 20%.”

Upcoming Island Events

Nov 20 – Sunday – Sanibel Annual Thanksgiving Celebration beginning at 6:30 p.m. at BIG ARTS Schein Performance Hall.  Free non-denominational celebration of Thanksgiving. (SanibelSusan and fellow BIG ARTS chorus members will be singing, as will a new children’s chorus from The Sanibel School.)

flyer2016

Nov 24 – Thanksgiving Day – Turkey Bowl from 9 to 11 a.m. – 2-hand touch football at Sanibel Community Park, open to all ages.

Nov 25 & 26 – Friday & Saturday after Thanksgiving – 25th Sanibel Masters Art Festival from 9 a.m. to 5 p.m. at Sanibel Community Part (across the street from SanibelSusan Realty). BIG ARTS Community Chorus is singing two holiday sets Saturday morning.

Sanibel & Captiva Islands Multiple Listing Service Activity November 11-18, 2016

Sanibel

CONDOS

6 new listings: Sanibel Arms #B1 1/1 $369K, Sundial West #G307 1/1 $424.9K, Sundial West #H209 1/1 $439K, Loggerhead Cay #434 2/2 $639K, Snug Harbor #312 3/2 $739K, High Tide #C101 2/2 $1.195M (our listing).

c-bldg-closest

High Tide #C101 is 2600 sq. ft. – the entire first floor, one up over covered parking & storage at ground level. Elevator opens to only this unit & the one above. Light & bright with windows all-’round. Never rented, this residential condo offers easy living in small 14-unit complex with beachside pool, plus tennis on West Gulf Drive. Gulf view too!

2 price changes: Tennisplace #C21 2/1.5 now $369,555; Sandy Bend #6 2/2 now $949K.

3 new sales: Kimball Lodge #263 1/1.5 listed at $415K, Mariner Pointe #622 2/2.5 listed at $639K, Kings Crown #315 2/2 listed at $899K.

1 closed sale: Sundial West #A208 2/2 $790K.

HOMES

12 new listings: 2030 Sunrise Cir 3/3 $699K; 525 N Yachtsman Dr 3/2 $749K; 1559 Sand Castle Rd 3/2 $799K; 1683 Bunting Ln 3/3 $799,555; 8991 Mockingbird Dr 3/2 $829K; 1232 Par View Dr 3/2.5 $929K; 5838 Pine Tree Dr 3/3 $1.295M; 2474 Wulfert Rd 3/3/2 $1.495M, 3790 West Gulf Dr 3/2.5 $1.6M; 1717 Jewel Box Dr 3/3.5 $2.1M; 267 Ferry Landing Dr 3/2 $2.195M, 2405 Blue Crab Ct 4/4.5 $2.695M.

9 price changes: 4619 Brainard Bayou Rd 3/2 now $549.9K; 752/754 Cardium St 4/2 duplex now $639.9K, 3152 Twin Lakes Ln 3/3 now $789K; 3354 Barra Cir 3/2 now $899K; 1270 Bay Dr 3/2 now $1.299M; 2479 Blind Pass Ct 3/2 now $1.3M; 513 Lighthouse Way 3/3 now $1.795M; 2451 Blind Pass Ct 4/4.5 now $1,999,999; 4190 Dingman Dr 4/3.5 now $2.299M.

2 new sales: 5279 Umbrella Pool Rd 3/2 listed at $648K, 677 Durion Ct 3/2 listed at $728K.

2 closed sales: 1333 Par View Dr 3/2 $825K, 4014 West Gulf Dr 3/2/2 $1.35M.

LOTS

No new listings.

1 price change: 6419+6428 Pine Ave now $1.499M.

No new sales.

2 closed sales: 2153 Periwinkle Way $265K, 3965 Coquina Dr $350K.

Captiva

CONDOS

1 new listing: Bayside Villas #5320 3/3 $650K.

No price changes, new sales, 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.)

pilgrims-and-indians_whimsyclipsThanksgiving good wishes to all,

Susan Andrews aka SanibelSusan

More Real Estate Action This Week at SanibelSusan Realty!


Sanibelsusan LogoWoohoo…it has been another good week at SanibelSusan Realty Associates. The fall island weather is delightful. Snowbird flocks are increasing which has added a few minutes to our travel times, but since that goes hand in hand with more business, we see it as a plus. Holiday decorations are going up in so many places that we know it will be 2017 before we know it. We wait all year for the busy “season” to begin. It has!

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday morning the Association of Realtors® East-End Caravan Meeting was well attended. SanibelSusan was pleased to report two new listings, a price reduction, and a sale during the announcement segment. Then from 9 a.m. until shortly after noon, teammates Elise and David both had good turn-outs and excellent feedback at Open Houses at our new listings at Pointe Santo and Gulf Beach.

The activity posted since last Friday in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below.

Upcoming Island Events

Nov 12 – Tomorrow – Trash & Treasures Sale – 8 a.m. to 2 p.m. at Center 4 Life, 2401 Library Way.

Nov 12 – Tomorrow – Arts on the Veranda – 10 a.m. to 3 p.m. at Bailey’s Center – First show of the season, with art by SanCap Art League.

TASTEoftheISLAND-4c-BNov 13 – Sunday –  CROW’s 35th “Taste of the Islands” 12 to 5 p.m. at Sanibel Community Park (across the street from SanibelSusan Realty). SanibelSusan will be in the office with the front door open (to hear the music and hopefully snag a few prospective buyers).

give-thanksNov 20 – Sunday – Sanibel Annual Thanksgiving Celebration beginning at 6:30 p.m. at BIG ARTS Schein Performance Hall.  Free non-denominational celebration of Thanksgiving. (SanibelSusan and fellow BIG ARTS chorus members will be singing, as will a new children’s chorus from The Sanibel School.)

Nov 24 – Thanksgiving Day – Turkey Bowl from 9 to 11 a.m. – 2-hand touch football at Sanibel Community Park, open to all ages.

Ways To Take Title of Florida Real Estate

contract-clip-artThis week, the Buyers of a listing that is under contract prepared a Contract Addendum to change the name of the Buyer. That happens sometimes after an offer is negotiated and agreed, when the Buyers get back home and discuss their purchase with their financial advisor or attorney.

Most Realtors working with Buyers check the block on the sales contract under Assignability that says: “Buyer may assign but not be released from liability under this Contract.” This allows the purchasers to change the Buyer name, but does not diminish their requirement to proceed with the contract terms.

Sometimes, it is not until after a closing, that new owners want to change how they took title to a property, perhaps by adding a family member or spouse, or by transferring the property to a corporation or trust.

Buyer should beware that transfers after-the-fact likely would create unintended tax liabilities, not to mention a 2nd set of closing costs. The best time to consider how to take title to property is before entering into the sales contract, and if not then, definitely before the closing so that there is enough time for the title company to prepare and process closing documents.

Below is an article that was posted this week on Florida Realtors® on-line (November 7, 2016). It discusses the various ways to take title here:

“There are a number of ways to take title to Florida real estate, and each has potential advantages and limitations. Here are common options:

  • Sole Ownership. Unmarried people, those who are legally divorced and married people who wish to hold the property in their own names may use this form of ownership. However, if a married person takes title in his or her own name and the property benefits from a homestead exemption, Florida homestead laws require the other spouse to sign the deed for the transfer or otherwise formally relinquish rights to the property.
  • Joint ownership as Tenants in Common. Any number of individuals can hold title under Joint ownership as Tenants in Common with the share of the property, depending on the person’s contributions. Also, in this form of ownership, each owner has the right to sell, lease or bequeath (give away at death) interest in the property to his or her legal heirs.
  • Joint Tenancy with Right of Survivorship. Under this type of ownership, all joint tenants have equal rights to their share in the property. In addition, due to the right of survivorship, which is not present for Tenants in Common, when a joint tenant dies, his or her share is automatically distributed among the remaining joint tenants. There are no restrictions on the number of persons that can be joint tenants under a Joint Tenancy with Right of Survivorship.
  • Tenancy by the Entirety. This option is available only to married couples and allows the couple to hold title in the name of both spouses. Both the husband and wife have equal possession rights to the property. When one spouse dies, his or her share is automatically distributed to the surviving spouse. There are several advantages to Tenancy by the Entirety. First, it protects the asset if, for example, a creditor is pursuing a judgment against one spouse. Second, it offers control over how the property is disposed of. Unlike Joint Tenancy with Right of Survivorship, Tenancy by the Entirety requires both parties to sign a deed transferring any interest in the property. One spouse cannot sell, dispose of or mortgage the other’s one-half interest without consent/signature. Third, one spouse cannot gift his or her interest in the real estate without the consent/signature of the other spouse. This protects the other spouse from unknowingly losing an interest in the property.
  • Ownership through an entity. Rather than own a property as people, owners may choose to acquire it through a separate legal entity, such as a corporation or a limited liability company. Corporations and limited liability companies can have any number of shareholders or members, but rights to the property of individual shareholders or members will be limited to the face value of the shares or membership interests each person holds. Title to Florida property also may be held in the name of a partnership of two or more persons. Partners would have equal right to possession of their respective share in the property.
  • Ownership through land trust. Finally, title may be held in the name of a Florida Land Trust, in which the legal title of the property is transferred to a trustee for the benefit of the named beneficiaries. This form of title offers privacy because the deed does not state who the owner is or the amount of the purchase price.”

12 Real Estate Trends

Florida Realtors logoA good article in FloridaRealtor® Nov/Dec 2016 magazine offered the following info, I have extracted the segments most pertaining to our market.

“Next year should be filled with promise for Florida Realtors®, though there are a few warning signs as well, say state and national economists and analysts.

“Barring unexpected postelection federal policy changes, the state’s residential and commercial markets should remain steady in 2017, thanks to the continued inflow of job seekers and retirees.

“”Florida is also a top state for job creation, with a favorable tax climate,” says Dr. Brad O’Connor, chief economist for Florida Realtors. “Tourism has increased, and the retail, healthcare and construction sectors of our economy remain strong.”

“Still, the rapid increase in home prices continues to hamper millennials who may want to transition from renting. And the strong U.S. dollar may result in low demand from international investors and second-home buyers.

“Here are the experts’ thoughts on 12 trends that will drive our real estate market in the coming year.

  • Rising Home Prices & Affordability – The U.S. homeownership rate fell to 62.9% in mid-2016, the lowest since 1965, according to a recent Census Bureau report. Tight credit, a shift toward renting and a limited supply of listings were among the reasons….
  • Florida’s Population Growth – In 2017, Florida should add 200,000 to 300,000 residents, including a strong inflow of retirees, says O’Connor…IMPACT: More people equal more homeowners.
  • Self-Storage May Be The Hidden Gem
  • Brexit – While Great Britain’s vote to exit the European Union could hurt all categories of real estate in the United Kingdom, “Surprisingly anticipated effects on the United States and world economics after the dust settles are minimal or nil,” says Ed Miller, managing director, principal with Colliers International in Tampa. IMPACT:…”Many investors who have been waiting to buy commercial property assets may look to Florida as a safe and stable market. We might expect some acquisitions and dispositions over the next few years, thanks to the Brexit shakeup.”
  • Retirees Still Coming – Florida remains a leading state for Boomer retirees. In fact, Orlando Tampa, and Miami ranked No. 1, No. 2, and No.4 respectively, in a recent poll for best cities to retire to, nationwide, according to the personal financial website WalletHub…..
  • Canadian Buyers Returning – While Canada traditionally has been Florida’s largest cross-border market, the strong dollar has caused some buyers to delay their vacation home purchases. But that could change in 2017, says Alain Forget, VP, head of sales and business development for RBC Bank, Miami/Fort Lauderdale area. “As the Canadian dollar stabilizes around 80 cents to the dollar, the historical average, more of the 11 million boomers in Canada will realize it’s time to buy,” he predicts….
  • South American and European Buyers May Pause – To the south, Brazil and Venezuela are having serious economic problems…That weakness has a significant impact on the Florida housing market, reducing foreign demand….”The strong dollar also affects demand from Europe.”
  • Land Cost Limits New Construction – Single-family and multifamily construction are rising, but the level will be well below the boom years of a decade ago. In Florida, a tight land supply greatly limits new-home development in desirable Southern, Central, and West Coast markets….
  • High Demand for Distribution Space….
  • Growth in The Condo Market – Demand for moderately priced condominiums is much stronger than current sales indicate…There is substantial pent-up demand, which has been curtailed by the unwillingness of many lenders to re-enter this market…Buyers are also keenly interested in townhomes as a lower-maintenance alternative to single-family detached homes. However, luxury condominium sales may slow in 2017, particularly with project that target international buyers, “The softest markets could be Miami, which has such a large exposure to Latin American buyers, and Naples, which is seeing a little softness in sales to high-end retirees….
  • Decline in Investors – The state’s backlog of foreclosures and short sale properties has dropped dramatically, thanks largely to individual and institutional investors…distressed property sales now constitute only about 10% of the market, and continue to fall…
  • Rail Investments – …While new development along rail lines will increase, it may not be the boom once predicted by experts…”

Sanibel & Captiva Islands Multiple Listing Service Activity November 4-11, 2016

Sanibel

CONDOS

2 new listings: Sanibel Surfside #223 2/2 $799K, Sundial East #P401 2/2 $899K (our listing, photos below,  professional photos being filmed 11/16).

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1 price change: Sand Pointe #122 2/2 now $724K (our listing).

3 new sale: with contingencies: Loggerhead Cay #452 2/2 listed at $549K, Sunset South #15B 2/2 listed at $999K. Without contingencies: Loggerhead Cay #574 2/2 listed at $569K.

1 closed sale: Sanibel Surfside #123 2/2 $825K (our listing).

HOMES

13 new listings: 2134 Egret Cir 3/2 half-duplex $579K, 400 Rabbit Rd 4/3 $785K, 225 Daniel Dr 3/2 $849K, 660 Durion Ct 3/2 $910K, 698 Spartina Ct 3/2 $924.9K, 1314 Par View Dr 4/3 $929K, 1146 Buttonwood Ln 3/3 $975K, 1170 Buttonwood Ln $999K, 485 Lake Murex Cir 3/2 $1.069M, 800 Sand Dollar Dr 3/3.5 $1.695M, 1475 Angel Dr 3/4.5 $1.749M, 514 Kinzie Island Ct 3/4 $2.35M, 615 Lighthouse Way 3/3.5 $2.495M.

11 price changes: 810 Elinor Way 3/2 now $599K, 1426 Sand Castle Rd 3/2 now $649.9K, 1772 Serenity Ln 3/2 now $675K, 2549 Harbour Ln 3/2 $749.5K, 1295 Par View Dr 3/2 now $799K, 243 Southwinds Dr 4/2.5 now $979K, 1501 Sand Castle Rd 5/3.5 now $999K, 4428 Waters Edge Ln 3/2.5 now $1.249M, 598 Kinzie Island Ct 3/3.5 now $1.649M, 3402 West Gulf Dr 3/2 now $1.65M, 1842 Woodring Rd 3/3.5 now $2.195M.

8 new sales: with contingencies: 1722 Serenity Ln 3/3 listed at $525K, 533 Rabbit Rd 3/2 listed at $548K (our listing), 1076 Sand Castle Rd 2/2 listed at $589K, 3118 Twin Lakes Ln 3/2 listed at $599.9K, 1245 Anhinga Ln 3/2 listed at $649K, 3941 Coquina Dr 3/2 listed at $699K. Without contingencies: 743 Elinor Way 3/2 listed at $695K, 626 Kinzie Island Ct 3/2.5 listed at $1.799M.

4 closed sales: 1364 Jamaica Dr 2/2 $605K, 1133 Sand Castle Rd 3/2 $617.5K, 1121 Sabal St 3/2.5 $650K, 3850 Coquina Dr 3/3 $825K.

LOTS

1 new listing: 9211 Dimmick Dr $149.9K (our listing).

No price changes.

2 new sales: with contingencies: 9426 Sage Ct listed at $269K, 690 Birdie View Pt listed at $389K.

No closed sales.

Captiva

CONDOS

2 new listings: Tennis Villas #3125 1/1.5 $254K, Bayside Villas #5228 1/2 $335K.

No price changes.

1 new sale: with contingencies: Bayside Villas #4214 1/2 listed at $317.5K.

No closed sales.

HOMES

2 new listings: 43 Oster Ct 2/2.5 $929K, 17041 Captiva Dr 2/3 $1.685M.

2 price changes: 14980 Binder Dr 4/3 now $1,377,984; 14860 Mango Ct 5/4 now $2,343,974.

No new sales.

1 closed sale: 16897 Captiva Dr 5/5.5 $2.94M.

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.)

veterans-dayHappy Friday to all…& a big thank you to veterans!

Susan Andrews, aka Sanibel Susan