It’s already another Friday with the islands quiet. When there is no traffic director at the Causeway Road 4-way stop at both noon and 5:30 p.m., you know Sanibel/Captiva traffic has slowed.
Though The SanibelSusan Team was short one teammate this week, we had some nice accomplishments – a great new listing, a nice price reduction on another, an offer in the works, a great turnout yesterday at our Isabel Dr listing on Realtor Caravan, and though our photographer has dealt with many rain and cloud interruptions, I think he will deliver some special marketing photos this weekend. The full team is back to work on Monday (the same day that Lee County schools are back in session). Yikes! Does that mean summer is over?
At our local Association of Realtors® Caravan Meeting yesterday recognition was given to the donors and helpers that contributed to the 20,300 meals that were packed in record time at last Friday’s Meals of Hope benefit event. Thank-yous also went to Sanibel Mayor Kevin Ruane, his wife Doreen, and City Councilor Holly Smith for their hands-on help. It is fast fun work often with competition. Part of the giggles relate to the required hair coverings. If packers don’t bring a hat, they are blessed with a hairnet. I’m sure the Mayor loved that. (Two photos compliments of JMA Photography below: First the packers. 2nd photo has the Mayor rocking his hair net at the end of the table. That assembly-line begins with his wife Doreen (on left in baseball cap) & Councilor Holly Smith(on right).)
Only two properties, including our listing, were open for the Caravan that followed yesterday’s meeting. The details of the action posted this week in the Sanibel & Captiva Islands Multiple Listing System are after a couple of news items below.
Vacation Home Hot Spots Across the Country
Much of SanibelSusan’s business is with buyers who also own in another resort or 2nd home market area, usually one they visit in the summer. When owning here, if retired, they often claim Florida residency for the estate and tax benefits. Many island owners have properties in several resort & 2nd home market areas.
Holding the national RSPS (Resort & 2nd Home Specialist) designation, I follow our group newsletter for tidbits that will help not only in our business, but in the curriculum for the RSPS class that I teach each summer at our local Association of Realtors®. Here are some interesting excerpts from the July 2019 “RSPS Newsletter”. The article linked to http://www.IPX1031.com .
“Whether it’s a cabin in the woods or a beachside bungalow, vacation homes come in all shapes, sizes and locations. We took a closer look at vacation home destinations across the country to find which cities and towns have the most vacation homes. We also analyzed the overall percentage of vacation homes in every state. We researched vacation home data from more than 29,000 different census designated places across all 50 states and ranked the top three locations with the most vacation homes in every state.
“Before we analyze the top three locations with the most vacation homes in every state, let’s look at the overall percentage of vacation homes in each state. When you think of a popular vacation home hot spot, images of sandy beaches in Florida might come to mind. While Florida ranks high in terms of its number of vacation homes, it doesn’t beat out Maine, which is No. 1 in the country. Surprisingly, 19% of all homes in the Pine Tree State are vacation homes. Vermont and New Hampshire round out the top three states with 17% and 12%, respectively. Florida comes in at No. 6 with 10% of its homes categorized as vacation homes, according to the Census Bureau.
“Apparently, the Midwest isn’t a hot spot for vacation homes. Maybe it’s the brutally cold and long winters, but Midwest states rank low on our list. In fact, Illinois ranks dead last on our list with just 1% of its homes categorized as vacation homes. Other Midwest states like Ohio (1.1%), Iowa (1.6%), Indiana (1.7%) and Kansas (1.4%) are at the bottom of the list as well.
“However, there is one Midwest state that ranks within the top 10. With its more than 15,000 lakes, Wisconsin is a haven for fishing, boating and vacationing, which explains why the state ranks No. 8 among states with the most vacation homes.
“After we looked at the percentage of vacation homes in every state, we analyzed the top three places with the most vacation homes within those states. While familiar vacation locations such as Copper Mountain in Colorado and Fire Island in New York are among the top vacation home destinations, there are also smaller towns that make the list as well. For example, the top 3 destinations in California all have less than 300 vacation homes. However, every home within those three places are classified as vacation homes. Atlantic City and Boudurant, Wyoming as well as Yellow Pine, Idaho and McCarthy, Alaska are the only other locations on our list where every home is classified as a vacation home.”
After reading their article, I checked their infographic which shows by state what three towns/cities have the most vacation homes. If you are wondering what it reports for Florida. They are Captiva, Horseshoe Beach, and North Key Largo. (If you are like me, you now may be wondering, where is Horseshoe Beach? Google says, it’s on the Gulf, about 315 miles north of Sanibel and west of Gainesville. With an area of less than 2/10 of a mile, the population is only about 200.
Turner Beach Project Into Permitting
“Coastal Engineering Consultants was hired by the City of Sanibel, in partnership with Lee County, to address two main issues at the site: erosion within the parking lot and riprap along the shoreline….The project aims to re-enforce or stabilize the shoreline without making changes to it…The City has submitted permit applications to the U.S. Army Corps of Engineers, Florida Department of Environmental Protection and South Florida Water Management District…The work is expected to take place in 2020. As the City manages the Turner Beach site as part of an interlocal agreement, the project is being funded through the Lee County Tourist Development Council. The City is requesting $580,000 to cover the design and construction. It has already secured $280,000 and plans to submit a request for the remaining $300,000 at the start of the new fiscal year on Oct. 1.”
More Shoreline Project Applications Filed
In the same “Sanibel-Captiva Islander” issue, it reports that “The City of Sanibel recently submitted applications for the design work and a request for financial assistance on the emergency shore protection project south of Blind Pass, along Sanibel-Captiva Road…” Once a Construction Control Line permit is issued by Florida’s Department of Environmental Protection, work there can begin, hopefully as soon as sea turtle nesting season is over at the end of October. In addition to the permit application, “the City submitted an application… for funds through the DEP’s Florida Beach Management Funding Assistance Program, which accepts local funding requests for beach projects…The City applied for just over $300,000 in state assistance as part of 50-50 cost share. It would cover the cost of the beach re-nourishment or fill placement and dune restoration…It would not include the structure itself – revetment, sheet piping, riprap – to protect the roadway…The total project may cost approximately $612,000. The City intends to request funds from the Lee County Tourist Development Council to help cover the remaining costs of the project…The beach accumulates sand in the summer and loses it in the winter because of the wind direction. If the project is finished before winter, sand can accumulate on top of the new sand the City deposits…That is why the City wants to get the project done by fall, early winter….”
“Earlier this year, the City had brought in Humiston & Moore Engineers to look at the area near Pine Avenue and Castaways Beach and Bay Cottages and come up with concepts to better protect the nearby road and properties from erosion. Later on, at a City Council meeting, the firmed reported the following:
“”Recent storms and cold fronts in 2018 and 2019 have resulted in increased sand loss and vulnerability…It is the intent of the City to design improved protection along this section of roadway and extend the protection further north and south of the existing buried (rock) revetment to provide high frequency storm protection to the most vulnerable 400’ section of the evacuation route for the island of Captiva and the north end of Sanibel.
“”The concept plan involves the addition of a larger armor stone layer along the existing buried revetment and installation of a steel sheet pile wall with a concrete cap upland of the revetment along the edge of the right-of-way, for the approximate 400’ section of vulnerable highway….”
Sanibel & Captiva Islands Multiple Listing Service Activity August 2-9, 2019
2 new listings: Coquina Beach #3E 2/2 $529K, Sundial West #K103 2/2 $920K.
2 price changes: Mariner Pointe #642 2/2 now $589K, Signal Inn #14 2/2 now $759K.
3 new sales: Sundial West #I103 1/1 listed at $465.9K, Mariner Pointe #1041 2/2 listed at $484K, By-the-Sea #C102 3/2 listed at $1.595M.
2 closed sales: Coquina Beach #2A 2/2 $595K, Pine Cove #C 2/2 $999K.
2 new listings: 1536 Bunting Ln 3/2 $613.5K, 4701 Rue Belle Mer 4/4 $3.595M.
7 price changes: 9195 Dimmick Dr 2/2 now $444K, 6103 Starling Way 2/2 now $699K, 760 Cardium St 3/2 now $725K, 513 Lake Murex Cir 3/2 now $749K, 1223 Par View Dr 3/2 now $775K, 1305 Eagle Run Dr 3/2.5 now $998.5K, 842 Limpet Dr 3/3.5 now $2.195M (our listing) (a few photos below, including mama & baby dolphin swimming by the 90′ dock)
4 new sales: 1441 Sand Castle Rd 3/2.5 listed at $649K, 1677 Sabal Sands Rd 3/2 listed at $699K, 844 Lindgren Blvd 3/3 listed at $1.395M, 5723 Baltusrol Ct 4/4.5 listed at $1.849M.
4 closed sales: 785 Rabbit Rd 3/2 $335K, 693 Rabbit Rd 3/2 $485.5K, 1159 Golden Olive Ct 3/2 $1.35M, 696 Kinzie Island Ct 4/5 $2.2M.
2 new listings: 5737 Baltusrol Ct $299K (our listing) (some drone aerials below, it overlooks 9th fairway & has conservation land across the street), 3945 West Gulf Dr 3.995M.
No price changes, new, or closed sales.
No new listings.
1 price change: Tennis Villas #3120 1/1 now $324K.
No new or closed sales.
No new listings.
1 price change: 11509 Chapin Ln 4/4 now $1,899,999.
No new sales.
No closed sales.
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.
Enjoy your weekend!
Susan Andrews, aka SanibelSusan