Gorgeous Summer Weather & Real Estate Happenings on Sanibel & Captiva Islands


White herons like Pointe Santo too!

White herons like Pointe Santo too!

It is another happy Friday here on Sanibel Island.

Below are some general island news items, followed by the activity posted over the last seven days in the Sanibel and Captiva Islands Multiple Listing Service.

 

Vacation fun at Pointe Santo

Vacation fun at Pointe Santo

SanibelSusan finalized three transactions this week: a Pointe Santo condo listed for sale, a Sanibel Moorings condo sale, and two closings, an East Rocks and a Sanibel Bayous home.

Otherwise, the islands were pretty quiet – just some afternoon thunder showers – which make for beautiful sunsets. It is definitely summer-mode here now!

The beach today at Sanibel Moorings

The beach today at Sanibel Moorings

Sanibel Authorizes Work Toward a Civic Core Master Plan

Sanibel Planning Commission, with City Council direction, is reviewing sections of the Land Development Code with the goal of developing a Civic Core which would ease public safety, traffic, and parking concerns at community facilities like the Sanibel Library, City Hall, BIG Arts, the Sanibel Historical Museum and Village, and the Center-4-Life, and for various events like the Farmers Market. Their input is expected for the next City Council Meeting on July 16. That is also the meeting when the annual Sanibel millage rate is expected to be set.

Three Sundial Restaurants Open to the Public

sundial-logoThis week, islanders got an invite to Sanibel Summerfest celebrating the opening of the three new restaurants and lounges at Sundial Beach Resort and Spa.

Danny MorganNow open to the public, they include “Waterview” which is the more formal dining room with panoramic view of the gulf, the casual “Turtles Cafe and Patio” also on the main level overlooking the pool to the beach, and “Sea Breeze” cafe downstairs near Turtles Tiki Bar where island Troubadour Danny Morgan plays Friday, Saturday, and Sunday from 1 to 4 p.m.

Summer Happenings at Sanibel Historical Museum & Village

Museum LogoThe spring/summer issue of “The Old Village Voice” arrived this week. It reports that Sanibel’s Historical Museum and Village had over 7,000 visitors through April. Over 450 were children. A major upgrade at the village this past year is the addition of Shore Haven, their founder Elinore Dormer’s home, and its caretaker’s cottage. Over the upcoming year, these recent acquisitions will be restored and the village paths modified and native vegetation added to accommodate them.

Sanibel historic_buildings_villageIf you like visiting the Museum in the off-season, they are now operating on their summer schedule of Wednesdays to Saturdays, 10 a.m. to 1 p.m. (They will close August 4 and reopen November 6 on full hours, 10 a.m. to 4 p.m.)

If you are looking for a special gift, the Gift Shop in Bailey’s Old General Store at the Village has some unique offerings. Or if you are looking to volunteer, check out the Museum website. Become a docent!

Sanibel Public Library Summer Happenings

sanibel_library exteriorI love it when I am working with prospective buyers new to the island and they visit the Sanibel Library for the first time. Suffice it to say, it always receives glowing reviews, as it did again last week from some folks who now have visited it several times while here for their condo-hunting expedition.

The Sanibel Public Library spring/summer newsletter “Palm Reader” just came out too. The Library is gearing up for its 2013 Summer Reading Program. Children will be “Reading for Others” just like last year, when they earned 857 books for the Children’s Hospital at Lee Memorial Health System. This year, they want to break the 1,000 book mark.

Downloading eBooks and audiobooks to tablets, phones, and iPods just got easier with an upgrade at the Sanibel Public Library’s eShelf service. Visit the Library’s Technology Lab or contact the Library technology staff to schedule an appointment.

Here’s a link to the library’s website. This is another organization/facility also operating with the help of many volunteers, nearly 5,000 hours this year!

Summer Arts Camp at BIG ARTS

BIG Arts logoFrom kindergarten-age right through high school, there is something for every one this year at BIG ARTS. Monday through Friday from 9 a.m. to 3 p.m. through July 26, activities are designed for children to get creative and keep engaged during school break.

BIG ARTS Summer Arts Camp 2013 flyer

Activities include acrylic painting, dance, puppetry, improvisational acting, music appreciation, folk art, and general arts and crafts. Middle and high schoolers have the option to attend as a student or participate in an apprenticeship program.

Sanibel Captiva Island Association of Realtors®

realtor logoThough there was no Realtor® Caravan Meeting yesterday, we had a presentation on Wednesday by three of our affiliate insurance brokers.

Flood insurance continues to hold the attention of all of us as the requirements of the Biggert Waters Flood Insurance Reform Act of 2012 are enacted. As the 2013 Chairman of our local Realtors Professional Development Committee, I facilitated the meeting. Though I have mentioned flood insurance in other recent blogs, it is worth repeating. This is serious stuff! I encourage all owners who have questions to contact their insurance carriers for advice particular to their property.

The Wednesday presenters were: David Arter with Private Client Insurance Services, Chris Heidrick with Heidrick & Co. Insurance, and Dawn Zettler with Insurance and Risk Management Services, Inc. Here is some summary info from Chris’s handout about what structures are impacted:

“Which Pre-FIRM Special Flood Hazard Area (A & V Zone) Structures Are Impacted?
(Pre-FIRM means when the community began using the Federal Flood Insurance Rate Maps. On Sanibel the Pre-FIRM date applies to a property constructed before April 16, 1979. Unincorporated Lee County joined the National Flood Insurance Program in September 1984.)

Primary Residence (Owner-Occupied 80% of the year – 292 nights):
Policy purchased prior to 7/6/12: will increase ~20% this year. Some subsidy will remain.
Policy purchased 7/6/12-9/30/12: full flood rate applies at next renewal on or after 10/1/13. Grandfathering will be eliminated at next renewal. Elevation certificate will be required or tentative/provisional rates will be applied.
Policy purchased 10/1/13 or later: full flood rate applies immediately, ineligible for grandfathering.

Non-Primary Residence
Policy purchased prior to 7/6/12: will increase 25% per year until full flood rate is reached, effective 1/1/13.
Policy purchased 7/6/12-9/30/12: full flood rate applies at next renewal on or after 10/1/13. Grandfathering will be eliminated at next renewal. Elevation certificate will be required or tentative/provisional rates will be applied.
Policy purchased 10/1/13 or later: full flood rate applies immediately, ineligible for grandfathering.

Condo Associations
Policy purchased prior to 7/6/12: regular rate increases. Subsidy will remain.
Policy purchased 7/6/12-9/30/12: full flood rate applies at next renewal on or after 10/1/13. Grandfathering will be eliminated at next renewal. Elevation certificate will be required or tentative/provisional rates will be applied.
Policy purchased 10/1/13 or later: full flood rate applies immediately, ineligible for grandfathering.

Non-Residential (Commercial Structures)
Policy purchased prior to 7/6/12: increase 25% per year until full flood rate is reached.
Policy purchased 7/6/12-9/30/12: full flood rate applies at next renewal on or after 10/1/13. Grandfathering will be eliminated at next renewal. Elevation certificate will be required or tentative/provisional rates will be applied.
Policy purchased 10/1/13 or later: full flood rate applies immediately, ineligible for grandfathering.

Notes: Full flood rate is the rate based on the Elevation Difference (lowest floor elevation – base flood elevation) in the current flood zone, as defined by a Flood Elevation Certificate. Policies with tentative/provisional rates are not eligible to receive claim payments and cannot be renewed.”

Summer Storm Prep

rainIsland Water’s summer newsletter, “IWA Pipeline” offers a good reminder: “Turn off your house (water) valves when you leave the islands for storms or extended periods of time. Water pipe breaks and leaks are wasteful and can be expensive. Water leaks inside an unoccupied home can be disastrous. Failed dishwasher, washing machine, and ice maker hoses can all lead to a very bad day inside an unoccupied home. There is a very good side to storm season – more RAIN – and hence lower consumption and increased water conservation!”

Ways a Property May Turn Off Buyers

BankRate.com logoBankrate.com recently featured a list of the top ways buyers back away from a property listed for sale. Its list includes these items, among others:

“Dirt – The No. 1 biggest mistake is not getting a property in the best possible condition…including steam-cleaning tile/grout and carpets and replacing carpets if necessary.

“Odors – …have curtains and upholstery cleaned, particularly if someone in the property is a smoker, and take steps to eliminate any pet odors.”

“Old fixtures – …outdated ceiling fans and light fixtures should be replaced prior to listing… New cabinet hardware and doorknobs are relatively inexpensive, but can make a huge difference.

“Wallpaper – When buyers see wallpaper, they think of another thing to add to their to-do list….

“Popcorn acoustic ceilings – These ceilings were popular in the 1960s/1970s but now can date a property….

“Too many personal decorative items – Clutter makes it difficult for buyers to see past the …belongings and start envisioning themselves there.”

Equity Membership Cost Increasing at The Sanctuary

The Sanctuary golfSheryl Tatum, Director of Membership and Marketing at Sanibel’s Sanctuary Golf Club, always does a good job at keeping Realtors® up-to-date on changes at the facility. Her June issue of their newsletter, the “Sanctuary Sound”, says:

“This is a reminder to you regarding the upcoming changes to the Equity Membership at The Sanctuary Golf Club. The Board of Governors of the Club approved an increase in the price of its Equity Membership to $110,000, effective July 1, 2013. The ability to pay for your membership in two installments if you are under the age of 60 years old is also being limited to younger than 55 years old effective July 1. If you join now as an Introductory Member and pay the $10,000 membership fee, you can retain the $100,000 price and save $10,000 when you convert to the Equity membership. If you are under the age of 60 years old, you can also lock in the two-installment option with your second payment due at 60 years old. Just send the Application for Membership and the $10,000 membership fee before July 1, 2013. The Application for Membership will be processed this summer. The annual dues will begin on October 1, 2013, as well as the membership. (If you are on island during the summer months, feel free to use the Club facilities and the nine reciprocal golf clubs.)

Note: There are a limited number of Equity and Social Memberships. Contact Sheryl Tatum at 239.322.5182 or statum@sanctuarygc.net to JOIN TODAY!”

Sanibel & Captiva Islands Multiple Listing Service Activity June 7-14

Sanibel
CONDOS
3 new listings: Pointe Santo #B23 2/2 $649.9K (our listing), Nutmeg Village #214 2/2 $899K, Shorewood #3 3/3 $1.849M.
No price changes.
2 new sales: Sanibel Moorings #241 1/1 listed for $309.9K (our buyer), Sedgemoor #101 3/3.5 listed for $2.349M.
4 closed sales: Ibis at The Sanctuary #A202 2/2 $357.5K, Ibis at The Sanctuary #A102 2/2 $381K, Sanibel Arms West #I1 2/2 $409K, Sand Pointe #137 2/2 $735K.

HOMES
4 new listings: 1327 Tahiti Dr 2/2 $424.9K, 366 Lake Murex Blvd 4/3 $749K, 395 Old Trail Rd 5/4 $1.1M, 1220 Morningside Place 5/5 multi-family $1.28M.
3 price changes: 1809 Bowmans Beach Rd 3/2 now $475K, 1625 Serenity Ln 3/2 now $489K, 4570 Bowen Bayou Rd 2/2 now $599K.
5 new sales: 9319 Kincaid Ct 3/2 listed for $525K, 1744 Bunting Ln 3/2 listed for $599K, 696 Durion Ct 3/2.5 listed for $635K, 657 Birdie View Pt 3/3 listed for $849K, 734 Pyrula Ave 3/2.5 listed for $875K.
8 closed sales: 1401 Sandpiper Cir 3/2.5 half-duplex $356.5K, 625 East Rocks Dr 3/2 $400K (our buyer), 5650 SanCap Rd 2/2 $480K, 1206 Par View Dr 3/2 $625K, 4518 Bowen Bayou Rd 4/4 $640K (our buyer), 1163 Seagrape Ln 4/4 $749.9K, 1433 Sanderling Cir 4/3 $750K, 804 Birdie View Pt 3/3 $1M.

LOTS
1 new listing: 864 Birdie View Pt $349.5K.
1 price change: 1503 San Carlos Bay Dr now $1.195M.
No new sales.
2 closed sales: 2418 Blue Crab Ct $115K, 9277/9283 Belding Dr $147.8K.

Captiva
CONDOS
No new listings or price changes.
1 new sale: Sunset Beach Villas #2328 2/2 listed for $599K.
1 closed sale: Marina Villas #903 2/2 $525K.

HOMES
No new listings.
2 price changes: 15160 Captiva Dr 6/6.5 now $1,999,999; 15166 Wiles Dr 3/2.5 now $2.995M.
2 new sales: 1102 Tallow Tree Ct 5/4 half-duplex listed for $3.3M, 17201 Captiva Dr 4/5.5 listed for $3.698M.
1 closed sale: 11517 Wightman Ln 4/3 $1.625M.

LOTS
1 new listing: 15164 Wiles Dr $795K.
No price changes, new or closed sales.

This representation is based in whole or in part on data supplied by the Sanibel & Captiva Islands Association of Realtors or its Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions. If your property currently is listed with another broker, this is not intended as a solicitation of that listing.

Happy Summer from SanibelSusan & The Sanibel Susan Team!

One thought on “Gorgeous Summer Weather & Real Estate Happenings on Sanibel & Captiva Islands

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