Another Friday After Another Hurricane – Sanibel Strong!

Smallest beach access on bay 10-18-2024

Here it is another Friday with recovery from Hurricanes Helene and Milton well underway on sunny Sanibel and Captiva Islands. Unlike Hurricane Ian, both storms brought less rain, but wind and surge, so getting utilities back in operation was a top concern for City leaders. Thanks to cooperative efforts with state and local municipalities, workers from all over, and volunteers helping a variety of non-profits, utilities were back on Sanibel by Monday so many residents were able to move back.

Driving to complete island chores yesterday, it was great to see many restaurants and businesses have reopened. The City also has reopened the beach access lots at Bowman’s Beach, Gulfside City Park (Algiers), and Tarpon Bay Rd. There is plenty of sand that needs to be moved before others open, but you can be sure Public Works is on it. The City continues to post updates as progress is made.

West Gulf Dr along West Short & Junonia 10-18-2024

Plenty of water remains in the swales particularly along West Gulf Dr west of Tarpon Bay Rd and in other low-lying areas. The City advises that the weirs remain open and with little rain in the forecast, that water will continue to dissipate. (We are keeping an eye on the high moon tides though.)

The East End seems to have the most storm-debris curbside. Waste management began pickup of regular trash this week (normal schedule), while the City contract with Crowder Gulf for storm debris pickup began midweek. Be sure to follow the City directions on separating that debris to ensure the City gets FEMA reimbursement.

It also is sad to see the many trees and vegetation losing leaves from the saltwater intrusion during both storms. SCCF and the City have posted good tips on waiting to see if they revive once the salt is flushed away. Check their websites for ways to encourage new growth and how to identify plants that aren’t going to make it.

We are becoming storm experts, but I think Mother Nature is done with us this year. It has been breezy and balmy the last two days, hopefully also cooling down Gulf of Mexico summer water that can contribute to hurricanes.

At SanibelSusan’s

Unfortunately, the electric meter replacement at my home which was damaged during Helene could not be done until LCEC disconnected that address. They were not rescheduling disconnects while there were still mass outages, so I moved back into the rental the Loggerhead Cay unit that I evacuated pre-Milton. VIP Vacation Rentals was kind enough to advise when that was OK. Amazing that Loggerhead had little yard debris and no water intrusion into units, though the wrack line was almost to the back of the complex. A little elevation sure helped those buildings.

Throughout the week, hurricane hero teammate son Dave continued to work on drying out my home, ripping out drywall, and treating for mold. I have a contractor lined up to pull lower cabinets to be sure none lurks there, and to replace the walls. Hopefully that won’t mean moving eight times like with Ian, but it’s already been three, so I am optimistic, yet counting.

My move #4 will be tomorrow as VIP Vacation Rentals has found me another nearby condo where I can continue to do business and track progress at home while restoration continues. Looking forward to getting my new work space set up.

Yesterday at home, LCEC did my disconnect and Sanibel Air & Electric was on it at the crack of dawn, replacing and adding new equipment. Power was restored late yesterday which will ensure dry out is complete and repair work more comfortable. (I can’t praise this company and its employees enough. Having used them personally and recommended them for years, they honestly are the most professional caring bunch. Please be sure and use locals like Sanibel Air & Electric if you need services. Businesses here need your support now, more than ever.)

Dave checked our listings again this morning. His updates plus other island news are below. Please let us know if we can help you. We both have been meeting adjusters and inspectors, and willing to assist in any way we can.

Sanibel & Captiva Islands Real Estate News

The islands Association of Realtors office reopened Monday (no damage there), offering work space for members needing it. The Association annual golf tournament and RPAC Auction were scheduled for the day Milton arrived so those have been postponed and will be rescheduled.

Day/time for our Annual Meeting with election results have not changed, however, that event is next Thursday at 11 a.m. Luckily, we vote electronically, so I have done mine already. (Also found my absentee ballot for the upcoming November federal/state/county elections and got that done/mailed.)

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

Again, not much real estate sales action, mostly new listings, price reductions, and listings being withdrawn (likely due to repairs needed). We are busy meeting with owners considering selling, but our crystal ball is a bit foggy – but always optimistic. Sanibel is strong and will be back.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

67

1,086,894

158

83

2,354,892

133

26

1,131,226

259

Under contract

7

1,095,428

177

10

1,181,500

141

2

1,872,500

503

Sold to 10/18/24

63

808,262

122

147

1,468,510

115

12

1,402,166

147

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

1,339,035

161

14

7,851,357

320

1

12M

414

Under contract

0

N/A

N/A

1

10M

47

0

N/A

N/A

Sold to 10/18/24

13

1,728,846

185

6

4,453,750

150

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 Oct 11-18:

Sanibel

CONDOS

1 new listing: Spanish Cay #C3 2/2 $625K.

1 back on market: Heron at The Sanctuary II #2-3B 3/2.5 $1.398M.

1 price change: Blind Pass #D204 3/2 now $750K.

No new sales.

1 closed sale: Sanibel Arms #D-2 1/1 $320K.

HOMES

7 new listings: 3898 West Gulf Dr 3/2 $795K; 588 Hideaway Ct 3/2 $987K; 1730 Middle Gulf Dr 3/2 $995K; 708 Tarpon Bay Rd 1/1 $1.1M; 1022 Lindgren Blvd 3/2 $1,490,900; 851 Angel Wing Dr 5/4 $1,990,900; 1133 Golden Olive Ct 4/3.5 $3.98M.

3 price changes: 251 Southwinds Dr 4/3 now $1.099M, 5422 Osprey Ct 3/2.5 now $1.477M, 2402 Wulfert Rd 4/3.5 now $2.1M.

1 new sale: 2255 Troon Ct 4/5.5.5 listed at $2.25M.

2 closed sales: 1251 Par View Dr 3/2.5 $735K, 4577 Waters Edge Ln 4/4 $4.2M.

LOTS

Nothing to report.

Captiva

CONDOS

1 new listing: Tennis Villas #3132 2/2 $709K.

2 price changes: Bayside Villas 4110 1/2 now $396K, Beach Villas #2323 1/1 now $742.5K.

No new or closed sales.

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, Susan Andrews, aka SanibelSusan

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