It’s another sunshiny Friday on the islands today. With highs this week struggling to get over 70 degrees F, the bright days have been a plus for the many outdoor workers helping with restoration. Forecasters are calling for a 95% chance of rain Sunday, then more sunshine with temps expected to get back into the mid-70’s by the middle of next week. Florida winter weather is the best! Usually, the highest temps in the nation are recorded in SW FL.

Island Eats

Sunshine Seafood Café & Wine Bar – Fans of Chef Ryan Kida, best known as Chef/Owner of Yabo in Ft Myers, will be happy to hear that he is the new Executive Chef at Sunshine Cafe on Captiva which is open for dinner Tues-Sat from 5 until 9 p.m.

Tutti Pazzi – Starting today Tutti Pazzi Italian Kitchen is expanding their hours and will again be serving lunch every day starting at 11:30 a.m. (except Tues when they are closed). Also take-out pizza from 11:30 a.m. to 5:30 p.m. They serve dinner until 9 p.m.

Sanibel & Captiva Islands Real Estate News

It was a full-house Wed night at the local Association of Realtors® annual event to install new officers/directors and present awards for 2023. It was the first time many attendees had been back to The Dunes clubhouse where the sunset views still are terrific, and the new interior looks much like pre-Ian. Service was great and buffet delish.

 

Congratulations to all leaders and award winners! 2023 Honor Society had 18 Realtors® (including SanibelSusan) and four affiliate members (Dave Arter with Private Client Insurance Services, Dana Coin with Decorating Den, Amanda Curran with Superior Title, and Gus Simmons with Simmons & Cook PLLC.

Nine new SCIS (Sanibel & Captiva Islands Specialists) were recognized, and awards were presented to Administrative Assistant of the Year (Kim

Alexander), Affiliate Business Partner of the Year (Amanda Curran), Community Service Award (Cathie Lewis), Realtor® of the Year (Greg Demaras), President’s Award (George Kohlbrenner), and Association Wall of Fame (Art Corace, Robin Humphrey, and Ray Ochester). Past Presidents who served at total of 16 years (including SanibelSusan) were recognized and passed the gavel to 2024 Prez Brendan Albright who was inducted along with eight board members.

Coming up Tues is the Feb Professional Development Committee Meeting and the mandatory annual training for those serving on the 2024 Grievance and Professional Standards Committees. SanibelSusan chairs Professionals Standards.

Below, with data from the islands MLS are summary tables of the residential sales statistics, followed by the island MLS action this week.

The number of new listings and price reductions far exceeds the number of sales so there is plenty of inventory for buyers looking for choices.

SANIBEL RESIDENTIAL	CONDOS			HOMES			LOTS
	#	Avg Price	DOM	#	Avg Price	DOM	#	Avg Price	DOM
For sale:	85	1,073,667	149	158	1,771,698	84	40	916,922	168
Under contract	14	995,699	78	17	1,317,170	36	4	2,571.250	154
Sold 2024 to 2/2	5	585,400	138	12	1,993,916	104	0	N/A	N/A
Sold 2023	98	955,261	65	263	1,267,390	73	24	920,645	76
Sold 2022	123	1,136,199	44	185	1,602,745	52	26	779,528	223
Sold 2021	287	875,127	113	355	1,341,881	89	69	698,862	442

 

CAPTIVA RESIDENTIAL	CONDOS			HOMES			LOTS
	#	Avg Price	DOM	#	Avg Price	DOM	#	Avg Price	DOM
For sale	28	1,515,803	140	16	7,170,812	164	3	9,998,333	104
Under contract	3	1,431,333	82	1	1,495,000	272	0	N/A	N/A
Sold 2024 to 2/2	2	747,500	85	2	4,062,500	112	0	N/A	N/A
Sold 2023	17	834,176	98	17	2,716,647	70	0	N/A	N/A
Sold 2022	28	1,458,983	52	22	5,636,386	133	0	N/A	N/A
Sold 2021	64	1,150,373	145	44	2,988,520	261	2	2,950,000	731

Sanibel & Captiva Islands Multiple Listing Service Activity Jan 26 – Feb 2

Sanibel

CONDOS

10 new listings: Seashells #25 2/2 $475K, Sundial #D312 1/1 $495K, Captains Walk #A4 2/2 $529K, Sanibel Shores #B2 1/1 $529K, Sunset South #12C 2/2 $620K, Sundial #E110 2/2 $1.095M, Heron at The Sanctuary 1-1B 3/3.5 $1.15M, Gulfside Place #209 2/2 $1.295M, Sanibel Moorings #721 3/2 $1.35M, Somerset #E101 3/2.5 $1.849M.

3 price changes: Spanish Cay #C6 2/2 now $455K, Beach Road Villas #104 2/2 now $595K, Bandy Beach #E101 3/2 now $1.05M.

3 new sales: Oceans Reach #3D1 2/2 listed at $839K, Sand Pointe #116 2/2 listed at $899.9K, Tantara #302 3/3 listed at $2.1M.

1 closed sale: Sanibel Arms #E3 1/1 $399K.

HOMES

7 new listings; 1481 Sand Castle Rd 2/2 $679K, 1196 Sand Castle Rd 2/2 $850K, 1615 Serenity Ln 3/2 $949K, 4221 Old Banyan Way 3/2 $1.375M, 6090 Dinkins Lake Rd 3/3.5 $1.495M, 4340 West Gulf Dr 5/3.5 $1.999M, 2969 Wulfert Rd 6/7.5 $3.55M.

2 back on market: 1535 Wilton Ln 2/2 $599K, 998 Greenwood Ct N 3/2.5 $705K.

13 price changes: 1806 Ibis Ln 3/2 now $799K, 9126 Mockingbird Dr 3/2 now $929,999; 2479 Blind Pass Ct 3/2 now $1.1M, 555 Piedmont Rd 3/2 now $1.1M, 3302 Twin Lakes Ln 3/2.5 now $1.244M, 930 Strangler Fig Ln 5/3.5 now $1.595M, 2441 Shop Rd 4/3.5 now $1.189M, 1220 Par View Dr 3/2 now $1.375M, 1646 Middle Gulf Dr 3/3 now $1.42M, 1511 Angel Dr 4/3 now $2.399M, 2667 Coconut Dr 3/3 now $2.795M, 2255 Troon Ct 4/5.5.5 now $2.8M, 4099 West Gulf Dr 5/5.5 now $5.15M.

4 new sales: 1448 Albatross Rd 3/2 listed at $849K, 4279 Gulf Pines Dr 4/3 listed at $1.249M, 2294 Wulfert Rd 4/4 listed at $1.799M, 5690 Pine Tree Dr 3/2 listed at $2.2M.

7 closed sales: 2991 Singing Wind Dr 3/2 $460K, 766 Donax St (duplex) 4/2.5 $500K, 915 Limpet Dr 5/3 $1.6M, 759 Pyrula Ave 3/3 $1.712M, 1657 Venus Dr 2/2 $1.72M, 1042 Blue Heron Dr 3/3.5 $2.25M, 3421 West Gulf Dr 5/4.5.5 $7.8M.

LOTS

No new listings.

1 price change: Bowman’s Beach Rd 25 now $170.

No new or closed sales.

Captiva

CONDOS

3 new listings: Bayside Villas #5112 1/2 $535K, Beach Villas #2222 1/1 $799K, Beach Villas #2321 2/2 $950K.

No price changes.

1 new sale: Lands End #1651 2/2 listed at $1.395M.

1 closed sale: Bayside Villas #4212 1/2 $595K.

HOMES & LOTS

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 & don’t travel Periwinkle on a Friday afternoon. My quick trip to the post office wasn’t quick. I won’t do that again. We gotta keep the road open for the many workers restoring paradise!

Susan Andrews, aka SanibelSusan