Sanibel/Captiva Scoop – Labor Day Weekend 2017


It’s SanibelSusan reporting that Sanibel & Captiva have pretty much dried out from the three days of rain experienced last weekend. My street was flooded until Monday afternoon.

Anchor rain

Local area schools and City offices were closed on Monday, due mostly to flooding in off-island areas.

But, by Tuesday through today, the weather has been sunny and mostly bright with any lingering showers inland. Reports too are that the shelling has been great!

Now we are all keeping a close eye on Hurricane Irma. The end of hurricane season can’t come soon enough for me, sure still seems like the end of Nov is a long way off.

 

SanibelSusan Realty Associates

Sanibelsusan LogoThis being what often is considered the “slowest week” of the year, it was good timing for the rain, yet a real surprise to get a showing request Sunday afternoon amid the downpours. It also was a real treat to work with a couple of sisters here for their first visit – who after just two days decided they needed to look at real estate. They were leaving the island midday Monday, unfazed by the showers, already fascinated with Sanibel, and even talking of moving here.

So much fun to work with prospects who know this is the place for them – appreciating the ambience, beaches, environmental conscience here. No offers yet, but the action posted in the Sanibel & Captiva Multiple Listing Service this week, follows a few news items below.

Sanibel & Captiva Islands Association of Realtors®

San Cap LogoNo Caravan meeting this week, but our Communications/Public Relations Committee met Tuesday morning and made plans to accelerate our Sept donation project so that we could help the victims of Hurricane Harvey. (The paragraphs below describe what we are doing and how you can help too.)

Tuesday midday, at a surprise luncheon at Casa Ybel Resort’s Thistle Lodge, our Association of Realtors® celebrated the retirement of our CEO Peggy Hummel who has been a steady stabilizing leader for our organization for many years. We hated to see her go, but appreciate that she left us in good hands. Best wishes, Peggy!

PeggyPeggy Party

NAR gray-logoRealtors® Helping Nationally The National Association of Realtors® in a broadcast email on Tues, asked members to support victims of Hurricane Harvey.

“Our hearts go out to the tens of thousands of families who have been displaced by catastrophic storms on the Texas coastline. Officials are calling Hurricane Harvey and the subsequent flooding a 500-year weather event, one of the most epic storms in our nation’s history.

“When disaster strikes, REALTORS® step up, whether that’s to deliver food, water, or other vital assistance or to donate money to those in need. That’s where the REALTORS® Relief Foundation comes in. Since its inception in 2001, the RRF has raised more than $25 million to provide mortgage and rental assistance to victims of more than 50 disasters, including wildfires, floods, hurricanes, and tornadoes. RRF is a 501(c)(3) charitable organization, with administrative costs covered by the National Association of REALTORS®. That means 100% of all donations go directly to victims of disaster.

“NAR is calling on the REALTOR® family to donate funds to the foundation to support storm victims in Texas. Martin Edwards, a REALTOR® from Tennessee, serves as president of the foundation board. Martin has said, “Harvey may require our REALTOR® family’s largest effort since Hurricane Katrina—or even 9/11. Hopefully, REALTORS® across America will heed the call to donate, as on-the-ground membership in Texas will be stretched beyond belief.”

“We are asking you to join us in this effort with your personal donation to the REALTORS® Relief Foundation. You can do so in less than one minute using your credit card on our secure online form. Or you can send a check payable to RRF to REALTORS® Relief Foundation, 430 N. Michigan Ave., Chicago, IL 60611. Write “RRF Contribution” in the memo line.

“Please send your donation today so your contribution can reach people who need it now. Our efforts both reflect and depend on the generosity of REALTORS®. Together, let’s continue to make a difference. Thank you.”

Florida Realtors logoRealtors® Helping at State Level & Here on Sanibel & Captiva Islands – Florida Realtors® is coordinating preparation of “totes for hope” and the Sanibel & Captiva Islands Association of Realtors® is part of that effort. We are collecting the following travel-sized items which will be individually packaged into Ziplock® bags – with one item in each bag.

Shipments to Houston begin today and will continue through next Friday, so please drop any donations off before Wed, Sept 6 at The Sanibel & Captiva Islands Association of Realtors® Office at 2353 Periwinkle Way, Suite 201 (located upstairs over Finnimore’s Cycle Shop, in the building behind Winds).Sanibel realtors logo

My hard-working always-willing-to-help Communication/Publications Committee members will work bagging them on Wed afternoon, after which the bags will travel to the Naples Board of Realtors® which is the drop-off point for our Southwest Florida District.

  • Adhesive Bandages
  • Safety Pins
  • Toothbrushes
  • Toothpaste
  • Dental Floss
  • Deodorant
  • Body wash
  • Hand sanitizer
  • Disposable Razors
  • Shaving Cream
  • Combs/Brushes
  • Small Bars of Soap/Body Wash
  • Cotton Swabs
  • Pocket Tissues
  • Lotion
  • Mouthwash
  • Lip Balm.

Flooded Homes Can Be Fixed But…

realtor.comThis timely article was posted by Realtor.com on Tuesday, Aug 29, 2017:

“As Hurricane Harvey moves off the coastline of Texas, it’s leaving massive flooding in its wake that has destroyed homes and businesses.

“Until the floodwaters recede, cleanup efforts are mostly on hold. But remediation companies say they’re ready to jump into action as soon as they’re able. In preparation for the undertaking, here are a few important items to share about repairing a flooded home, compiled by realtor.com®.

“Time is of the essence.

A home that has been flooded does not need to be torn down, but the water does need to be removed quickly. Truck-mounted vacuums with 2,000 horsepower and dehumidifiers can extract moisture from furniture, hardwood, tile, and Sheetrock. But Robyn Kent, a claims administrator at Dalworth Restoration in Euless, Texas, says the most important element is getting it cleaned up quickly: “Closer to the three- to five-day mark is when it becomes questionable, since by then, all the materials have become fragile.”

“Mold is the real issue.

“One of the biggest problems—especially in Houston in the summer—is going to be mold,” Tyler Drew, a Los Angeles real estate professional and investor, told realtor.com®. “The longer a house sits with water, the worse the mold infestation. Affected areas have to be removed, the wood and concrete treated with anti-mold agents, and all of this has to be done after the house is sealed, in order to prevent the infestation from spreading and sickening people.”

“Repair costs can escalate.

“Drying off a 2,000-square-foot house in normal conditions may cost more than $2,500, while in situations like Harvey is producing, the job scope expands quickly—and so will costs,” says Peter Duncanson, director of operations and safety with ServiceMaster Restore. Flood insurance may cover the cost of repairs, but it depends on what type of insurance the owner has. Standard homeowner’s insurance policies don’t typically cover flooding inside a home, and many in Houston don’t have flood insurance.”

Labor Day Weekend Closure

ding darling goose logoThe “Ding” Darling Visitor & Education Center will be closed on Monday, Sep 4, in observance of Labor Day.

Wildlife Drive and Tarpon Bay Explorers will remain open during usual operating hours.

Refuge and DDWS offices will also be closed on Monday.

Restaurant clip artRestaurant Vacation Closings 2017

Many have asked about what restaurants will be closed and when. Here is the summary posted on the Sanibel-Captiva Chamber of Commerce website:

Restaurant Vacation Closings 2017*

Restaurant                                                             Closing             Reopen

Bleu Rendez‐Vous French Bistro                       Sun, 8/27          Thu, 10/5

Blue Coyote Supper Club                                    Sun, 9/3            Tue, 10/3

Blue Giraffe Island Dining                                 Mon, 9/11         Sat, 9/16

Cheeburger Cheeburger                                     Mon, 8/28         Fri, 9/1

Cip’s Place                                                              Closed 9/4, then, 9/ 5‐10/1: No Lunch

Dairy Queen                                                          Mon, 9/11         Fri, 9/15

East End Deli                                                         Summer Hours 10 am‐2 pm

Gramma Dot’s                                                       Tues, 9/5          Thur, 9/28

Island Pizza Company                                         Wed, 9/6           **Wed, 9/27 estimated**

Joey’s Custard                                                        Sun, 9/10          Mon,10/2

Lighthouse Café (Sanibel)                                   Tues, 9/5          Sun, 9/10

Over Easy Café                                                       Mon, 9/11         Fri, 9/22

Rosie’s Café & Grill                                                Mon, 9/25         Fri, 10/6

Sanibel Sweet Shoppe                                           Closed Sat, Sun, Mon starting Sept

Schnapper Hots                                                      Mon, 8/21         Thurs 11/16 closing at 4 pm

Sweet Melissa’s                                                       Sun, 9/10          Tues, 10/3

The Clam Shack                                                      Mon, 9/11         Mon, 9/18

The Sandbar                                                            Mon, 8/22         Thur, 9/29

Traders                                                                     Sat, 9/2             Tues, 10/3

Traditions on the Beach                                        Closed 9/4

* Subject to change

30% of Luxury Deals Are ‘Suspicious’

CNBC_Logo_FlatInteresting article posted Wed at Realtor®Mag online this week, sourced to CNBC (Aug 24, 2017):

“A new watchdog program designed to monitor real estate deals involving shell companies has found that the buyers in 30% of high-end deals were linked to “suspicious activity,” the Treasury Department reported this week. Federal officials are now expanding the program, which aims to prevent money laundering by overseas buyers who use shell companies to mask their identities.

“The program, called the Financial Crimes Enforcement Network, focuses on major markets that attract a high volume of international buying activity, including New York, Miami, and Los Angeles. Officials this week added Honolulu to the list. The program is monitoring wire transfers of funds as well as cash deals.

““This could have a chilling effect,” Redfin chief economist Nela Richardson told CNBC. “That very high end of the market is the most vulnerable to these issues. If a lot of foreign buyers were parking their money in high-end real estate and that much of it is tainted, this rule will have an impact.”

“Under FinCEN, title insurance companies must determine the identities of shell company owners who are making cash real estate purchases at certain price points—usually more than $1 million. The Treasury Department then determines whether those shell companies have been flagged on lists of suspicious activity. FinCEN focuses on transactions worth more than $3 million in New York, $2 million in California and Hawaii, and $1 million in Florida, among other price points and locations.

““Through this advisory and other outreach to the private sector, FinCEN, [the real estate] industry, and law enforcement will be better positioned to protect the real estate markets from serving as a vehicle to launder illicit proceeds,” FinCEN acting director Jamal El-Hindi told CNBC.”

Sanibel & Captiva Islands Multiple Listing Service Activity August 25-September 1, 2017

sancap GO MLS logoSanibel

CONDOS

2 new listings: Sanibel Siesta #303 2/2 $529K, Pointe Santo #C42 2/2 $949K.

1 price change: Captains Walk #A8 2/2 now $358K.

4 new sales: Tarpon Beach #103 2/2 listed at $749K, Sundial East #O405 2/2 listed at $1.0995M, Sanddollar #A303 3/2 listed at $1.349M, Royale Tern #103 3/3.5 listed at $1.675M.

2 closed sales: Loggerhead Cay #371 2/2 $497K, Gulf Beach #102 2/2 $790K (our listing).

IMG_8429

Path from Gulf Beach

 

HOMES

4 new listings: 2539 Coconut Dr 2/2 $678K, 8995 Mockingbird Dr 3/3.5 $895K, 1396 Tahiti Dr 4/3 $898K, 2462 Wulfert Rd 4/4.5 $1.799M.

4 price changes: 5305 Umbrella Pool Rd 3/2 now $579K; 673 East Rocks 3/2 now $709,888; 2939 Wulfert Rd 5/5/2 now $1.495M; 1206 Bay Dr 4/4.5 now $3.674M.

6 new sales: 1550 Bunting Ln 2/2.5 listed at $644K, 1295 Par View Dr 3/2 listed at $675K, 474 Lake Murex Cir 3/2 listed at $689K, 732 Windlass Way 4/3.5 listed at $1.195M, 984 Oyster Ct 3/3.5 listed at $1.65M, 2379 Wulfert Rd 4/4.5 listed at $1.695M.

3 closed sales: 9113 Mockingbird Dr 3/3.5 $500K, 1237 Isabel Dr 5/6.5 $1.857M, 390 Old Trail Rd 4/4.5 $2M.

LOTS

1 new listing: 1800 Woodring Rd $2.825M.

2 price changes: 1912 Ibis Ln now $250K, 3013 Poinciana Cir now $259.9K.

No new sales.

1 closed sale: 2441 & 2453 Los Colony Rd $150K. 

Captiva

CONDOS

No new listings, price changes, or new sales.

1 closed sale: Tennis Villas #3117 1/1.5 $265K.

HOMES

1 new listing: 16525 Captiva Dr 3/3 $1.995M.

No price changes or new sales.

3 closed sales: 43 Oster Ct 2/2.5 $812.5K, 16979 Captiva Dr 7/6.5 $3.2M, 1119 Schefflera Ct 4/3.5 $4.3M.

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.)

LaborDaySignIf you have any island real estate needs, SanibelSusan is working right through the holiday weekend.

Laboring on Labor Day is not really work, if it’s doing what you love!

Enjoy your weekend!

Susan Andrews, aka SanibelSusan

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