It’s time for another Friday update from SanibelSusan. The summer rainy season is here now with clouds rolling in almost daily, sometimes from the mainland and occasionally from the gulf. Miami pals reported some heavy rain there off-&-on all week, sometimes with accumulation, while here it has been just an occasional shower – not enough, that sprinklers are off for the summer, but close.
The forecast calls for scattered showers until Wednesday when a full day of sunshine is expected. It could be a little wet for Fathers Day on Sunday, but even so, a rainy day on Sanibel is better than any day elsewhere (or so says, SanibelSusan).
Though the rain has begun, gulf and bay waters remain a brilliant blue. The below photo, I took just a couple of hours ago in front of West Wind Inn. The gulf sand is a little stirred up from the recent rain, but the water is the color we love!
Our meeting yesterday at the Sanibel & Captiva Islands Association of Realtors® was well attended, but with a couple of brokers noticeably absent – summer family vacations have begun. During the 9 a.m. Caravan that followed, only four new listings were open for viewing, including our new one at 1558 Sand Castle Rd in The Dunes (shown below). Dave held that open into the early afternoon with many Realtors® and several interested neighbors visiting.
SanibelSusan Realty Associates
Here at SanibelSusan Realty, we had another closing today, several listings had showings, two went under contract, and we have been tracking action items for upcoming closings – all-in-all a little more activity than typical for this time of the year. Comparing notes with Barrier Island Title, they report the same. We are thankful that our sales continue and look forward to a few more in the upcoming weeks.
The activity posted this week in the Sanibel & Captiva Multiple Listing Service follows some news below. Again, it was a week with no sales on Captiva, while Sanibel had seven condo sales (two SanibelSusan listings) and six home sales.
World Sea Turtle Day Kicks Off with a Free Guided Beach Walk
In this week’s News by the “Ding” Darling Wildlife Society:
“Refuge celebrates World Sea Turtle Day on June 17. Take a free guided beach walk, watch a free film, and take advantage of free upcycled sea turtle crafts, Refuge Nature Store specials, and hand-outs on World Sea Turtle Day at J.N. “Ding” Darling National Wildlife Refuge, Sanibel Island, on Monday, June 17, 2019. Free sea turtle lessons and a showing of the 90-minute film Turtle: The Incredible Journey take place throughout the day at the refuge Visitor & Education Center. The morning’s ranger-led beach walk and clean-up departs from the refuge’s Perry Tract, accessible from Gulfside City Park. The first 20 to show up for the beach walk receive a free gift and a 10% discount coupon for sea turtle items in the Refuge Nature Store.
““My interns and I decided to celebrate the day by drawing attention and educating people about the plight of threatened sea turtles in our oceans,” said refuge conservation educator Sara Hallas, whose team is organizing the event. Below is the full schedule for turtle-friendly and free fun throughout the day:
- 9-10 a.m. – Free Beach Walk & Cleanup at Perry Tract (parking fees apply at Gulfside City Park)
- 11-11:30 a.m. – Free Sea Turtle Lesson in the Visitor & Education Center Classroom
- 12 noon – 1:30 p.m. – Free showing of the film Turtle: The Incredible Journey
- 12 noon – 2 p.m. – Ongoing free Make-&-Take Sea Turtle Crafts in the Visitor & Education Center Classroom
- 2:30 p.m. – Free Sea Turtle Lesson in the Visitor & Education Center Classroom
“For more information about World Sea Turtle Day at the refuge, call 239-472-1100 ext. 236 or visit http://dingdarlingsociety.org/articles/event “
Governor’s Task Force Tackles Toxic Algae
“TALLAHASSEE, Fla. – June 13, 2019 – Reducing harmful nutrients in state waters, through moves such as more monitoring and staffing, is an expected short-term goal of a new task force set up by Gov. Ron DeSantis to look at toxic algae fouling Florida waterways.
“But with a brief timeline for the five-member Blue Green Algae Task Force to reach its initial findings, don’t expect proposals for massive state rule changes related to farming practices or moving away from septic systems.
“Task force member Michael Parsons, a professor of marine science at Florida Gulf Coast University and director of the Coastal Watershed Institute and Vester Field Station, said rather than replace regulations, as some environmental groups contend is needed, a more realistic approach would focus on “fine-tuning” existing rules. “In any field, if you make the rules too strong, too stringent, too unfair, they won’t be followed,” Parsons said. “I think there is a compromise between allowing people the flexibility to work within certain frameworks as well as getting the needed results or the intended results within that framework. You can’t force people to do things, but on the other hand, we do have goals we need to meet, so there has to be a compromise between the two.”
“The task force, which held its first meeting Wednesday in Tallahassee, was created in January through an executive order by DeSantis in response to outbreaks of toxic algae and red tide across the state last year. The problems particularly drew attention in Southeast and Southwest Florida, as algae plagued water bodies such as the St. Lucie and Caloosahatchee rivers and red tide caused fish kills.
“The panel Wednesday mostly received an overview about state roles in addressing algal issues, the regulatory structures for water quality and wastewater and agricultural best-management practices involving nutrients such as fertilizers.
“Audubon Florida Executive Director Julie Wraithmell said environmentalists are expecting action from the task force, which will meet every three to four weeks through August. “The causes of our blue-green algae problems are well understood,” Wraithmell said. “At this point, we need folks who are going to scour the science, look at our regulatory structure, and draft a bold prescription for how to get us out of the problems we are facing right now.”
“St. Johns Riverkeeper Lisa Rinaman cautioned that an unintended result of prioritizing one part of the state is that others may lag in protection. “We can’t buy our way out of Florida’s algae crisis,” Rinaman said. “We need to not only have projects but enhanced regulatory protections and education.”
“The focus of the task force is Lake Okeechobee and waters on both sides of the lake, but the state is also looking at possible algae impacts as far north as the St. Johns River.
“Florida Land Counsel Executive Director Ernie Barnett said it’s important to treat water before it reaches Lake Okeechobee.
“Thomas Frazer, Florida’s chief science officer, said the state is already doing a lot, but more could be done.
“If we need to do more monitoring, for example to evaluate the effectiveness of various projects, we should probably be doing that,” Frazer said. “If we need to look at a regulation and change that regulation so there is more oversight, people are more accountable, that’s on the table as well.” Frazer added he’s “optimistic that what we come up with here is not going to sit on a shelf. … We have an executive order with a charge that says we’re here to make a difference and we’re going to use this committee to identify areas where we can insert science to make better decisions with how we allocate our resources,” Frazer said.
“Among the longer-term goals could be figuring out how to move residents from septic tanks to sewer systems, which has always been a matter of cost. The Florida Department of Health oversees septic-tank issues.
Task Force member James Sullivan, executive director of Florida Atlantic University’s Harbor Branch Oceanographic Institute, said the Department of Environmental Protection should have oversight because of the impact of nutrients released by septic systems. Florida has 12.6 million septic tanks, accounting for 12% of the systems in the nation.
“The inaugural meeting came after conservation groups Tuesday sued the U.S. Army Corps of Engineers, the U.S. Fish and Wildlife Service and the U.S. Department of the Interior over the handling of releases from Lake Okeechobee that contain toxic algae. Discharges go into the Caloosahatchee and St. Lucie rivers and their estuaries.
“Department of Environmental Protection Secretary Noah Valenstein said he hopes to see a list of proposals from the task force that could range from process improvements within current rules to changes in department rules or even statutory changes. “Let’s get used to every few years asking ourselves again, ‘Don’t get comfortable with the status quo,'” Valenstein said. Valenstein expects to see additional water monitoring and field staffing to review data, as part of $680 million for environmental work that is in the proposed 2019-2020 state budget (SB 2500). DeSantis is expected to act on the budget next week.
“The proposed budget includes $4 million to expand “statewide water quality analytics for the nutrient over-enrichment analytics assessment and water quality public information portal.”
“Source: News Service of Florida, Jim Turner. News Service Assignment Manager Tom Urban contributed to this report.”
Is Sea Rise Wrecking Coastal Home Values? The Answer: Maybe
“SALISBURY, Mass. (AP) — For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn.
“Asking price: anyone’s guess.
“Some research suggests rising sea levels and flooding brought by global warming are harming coastal property values. But other climate scientists note shortcomings in the studies, and real estate experts say they simply haven’t seen any ebb in demand for coastal homes.
“So how much homeowners and communities should worry — and how much they should invest in remedies — remains an open question….
“A drop in home values could shatter a community like Salisbury, which relies almost exclusively on beachfront real estate taxes to fund schools, police and other basic services, researchers warn. And, they say, families could face financial ruin if they’ve been banking on their home’s value to help foot the bill for pricey college tuitions or even retirement.
““People are looking at losing tens of thousands of dollars of relative value on their homes,” said Jeremy Porter, a data scientist for the First Street Foundation, which describes itself as a “not-for-profit organization of digitally-driven advocates for sea level rise solutions” on its Facebook page. “Not everyone can sustain that.”
“Still, home prices in coastal cities have been rising faster than those of their landlocked counterparts since 2010, according to data provided by the National Association of Realtors.
“And waterfront homes are still generally more expensive than their peers just one block inland, said Lawrence Yun, the association’s chief economist. “The price differential is still there,” he said. “Consumers are clearly mindful that these climate change impacts could be within the window of a 30-year mortgage, but their current behavior still implies that to have a view of the ocean is more desirable.”
“A nationwide study by the First Street Foundation suggests climate change concerns have caused nearly $16 billion in lost appreciation of property values along the Eastern Seaboard and Gulf Coast since 2005. The study singles out Salisbury as the hardest-hit community in Massachusetts….
“In another recent study, researchers at the University of Colorado Boulder’s School of Business found coastal properties most exposed to sea level rise sold, on average, for 7% less than equivalent properties the same distance from shore but not as threatened by the sea.
“And in Florida’s Miami-Dade County, higher-elevation properties are appreciating faster than lower ones as companies and deep-pocketed buyers increasingly consider climate change risks, a study in the publication Environmental Research Letters found last year….”
Sanibel & Captiva Islands Multiple Listing Service Activity June 7-14, 2019
3 new listings: Blind Pass #B111 2/2 $475K, Pointe Santo #C45 3/2.5 $1.2M, Somerset #101 3/2.5 $1.875M.
1 price change: Mariner Pointe #642 2/2 now $595K.
7 new sales: Tennisplace #D22 1/1 listed at $235K, Captains Walk #F4 2/2 listed at $349K (our listing), Seashells #31 2/2 listed at $439K, Signal Inn #4 1/1 listed at $499.9K (our listing), Loggerhead Cay #562 2/2 listed at $595K, Pointe Santo B2 2/2 listed at $699K, Pine Cove #C 2/2 listed at $1.049M.
2 closed sales: Sundial #C410 1/1 $470K, Sundial #J204 2/2 $732,509.
1 new listing: 6065 Dinkins Lake Rd 3/2 $564.5K.
10 price changes: 1585 Bunting Ln 3/2 now $579K; 610 Hideaway Ct 3/2.5 now $619K; 1550 Centre St 3/2 now $625K; 1973 Wild Lime Dr 4/3 now $629.9K; 513 Rabbit Rd 3/2 now $648K; 1586 Century Ct 3/2.5 now $675K; 993 Fish Crow Rd 3/3 now $684.9K; 1223 Par View Dr 3/2 now $799,999; 599 Lake Murex Cir 3/3.5 now $1.324M; 5250 Caloosa End Ln 3/2.5 now $1.45M.
6 new sales: 681 Rabbit Rd 3/2.5 listed at $599K, 247 Christofer Ct 3/2 listed at $799K, 4460 Waters Edge Ln 3/2 listed at $799K, 5240 Caloosa End Ln 3/3 listed at $850K, 510 Sea Oats Dr 3/2.5 listed at $969K, 955 Lindgren Blvd 3/2 listed at $985K.
4 closed sales: 974 Sand Castle Rd 3/3 half-duplex $485K, 984 Black Skimmer Way 3/2 $529.5K, 1217 par View Dr 3/3 $690K, 466 Sea Oats Dr 4/3.5 $950K.
No new listings, price changes, or new sales.
3 closed sales: 9441 Peaceful Dr $215K (our listing), 5321 Punta Caloosa Ct $336K, 5251 Punta Caloosa Ct $525K.
No new listings.
2 price changes: Tennis Villas #3220 1/1 now $349K, Bayside Villas #5136 1/2 now $394.5K.
No new or closed sales.
No new listings.
5 price changes: 11525 Wightman Ln 3/2 now $1.195M, 11501 Laika Ln 3/3 now $1.35M, 11547 Laika Ln 4/4 now $2.1M, 16221 Captiva Dr 5/6.5 now $4.45M, 17030 Captiva Dr 6/7.5 now $6.99999M.
No new sales.
1 closed sale: 16333 Captiva Dr 4/2/2 $1.825M.
Nothing to report.
This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or its MLS may not reflect all real estate activity in the market. The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.
Susan Andrews, aka SanibelSusan