Sanibel September = Sunshine, Showers, & Seashells

Here it is another Friday again with mostly sunshine this week. Dodged raindrops yesterday afternoon and this morning.

There have been several exciting reports of Junonia findings on the beach, while the hidden painted shell events over the holiday weekend also were successful.

Otherwise, it has been quiet here again this week. With summer wrapping up and school years started, September typically is the slowest month of the year on-island. Many locals and visitors are looking forward to the months ahead, often keeping eyes on forecasts and storms in the Atlantic. Fingers crossed that none of those find their way to SW Florida this year. So far, so good.

September Scoop

Several island businesses have announced they will be briefly closed this month. It is a positive sign that “season” is right around the corner when facilities schedule their annual deep cleans, repairs, and maintenance, with their employees often getting breaks too.

Lighthouse Café of Sanibel – has been closed this week but reopens Monday morning.

Over Easy Café – will be closed from September 8-18.

Tarpon Bay Explorers – will be closed September 7-30, with plans to reopen October 1. The closure includes their recreational areas as well as their launch ramp.

The City also announced yesterday that vegetation trimming on Periwinkle Way will begin Monday and is scheduled to complete (weather permitting) by Wednesday, September 17. It will be on both sides of the road, including the shared use path with work to be performed between 7:30 a.m. and 3:30 p.m. Travel with caution.

Captiva Beach Renourishment Project

The Captiva Erosion Protection District advises that Turner Beach Park will be closed to the public, beginning today September 5, for staging equipment and material for the upcoming Captiva Beach Renourishment Project. Soon to begin, construction is scheduled to run continuously 24 hours a day over an estimated 56-day period.

October When Pre-Season Begins

Sanibel Farmers’ Market will reopen for its 18th season on Sunday, October 5 at 9 a.m. with a celebration of cultures from around the world. Vendors and shoppers are invited to show off their heritage with flags, shirts, and attire. Enjoy global flavors, handmade crafts, their colorful flag ceremony, fresh produce, and more. Located on the City Hall back parking lot, Sanibel Farmers Market is every Sunday from 9 a.m. to 1 p.m. through May.

Other local market days/times are posted on BuyLocalLee.com. Those are at Babcock Ranch, Boca Grande, Captiva Island, Lakes Park, Coconut Point, Bonita Springs, and Gateway.

Sanibel & Captiva Islands Association of Realtors

At the Sanibel-Captiva Caravan Meeting yesterday, guest speaker. Matt Simmons, appraiser with Maxwell, Hendry, & Simmons discussed the tax appeal process and contesting a TRIM notice property valuation.

In Lee County TRIM notices were mailed on August 18, making September 12 the deadline for filing a tax appeal. That process is quasi-judicial – meaning hiring an attorney is not required. The process involves the following steps:

·        Appeal is filed

·        Informal Status – engage in negotiation or wait for hearing date to be issued

·        Exchange of Evidence

·        Pre-Hearing Negotiations

·        Hearing before a Magistrate

·        Magistrate issues Ruling

·        Value Adjustment Board Meets & Issues Final Rulings

·        File a Challenge in Circuit Court.

Following the meeting, three listings were open for easy viewing, a Sundial condo and two homes in The Dunes. The next meeting in two weeks will be the monthly membership meeting followed by Caravan.

September is usually when inventory is low with more listings gradually coming on the market as winter nears. We advise our sellers that if they want to sell, they should keep their property listed. This business is always full of surprises, including when buyers appear. Always be prepared for them!

With two-thirds of the year over already, below is a summary of closed Sanibel sales year-to-date by primary location, as reported in the Sanibel-Captiva MLS.

SANIBEL          Condos                         Homes                         Lots

                        #          Avg Price $       #          Avg Price $       #          Avg Price $

Gulf                  48        888,937            6          3,765,191         2          1,637,500

Bayfront            3          693,333            3          3,383,333         0          N/A

Bayou               0          N/A                  5          2,256,600         0          N/A

Golf Course       0          N/A                  10        1,557,000         0          N/A

Canal               0          N/A                  16        1,489,937         0          N/A

Lake                 0          N/A                  6          1,151,666         0          N/A

Near Beach       18        404,583            55        1,093,238         4          548,750

Inland               2          1,175,000         14        822,846            0          N/A

River                0          N/A                  2          647,500             0          N/A

TOTAL             71        765,936            117       1,395,607         6          911,666

Since last Friday, five new sales have been posted in the SanCap MLS: three Sanibel condos, a Sanibel home, and a Captiva home.

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

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

126

953,707

191

141

1,498,026

174

40

1,301,887

267

Under contract

13

799,769

230

11

1,066,000

169

0

N/A

N/A

Sold to 9/5/25

71

765,936

132

117

1,395,607

131

6

911,666

199

Sold 2024

75

818,493

117

165

1,472,757

114

15

1,403,533

192

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:

45

1,147,966

228

26

6,263,038

262

2

12,000,000

474

Under contract

1

545,000

71

3

1,331,000

145

0

N/A

N/A

Sold to 9/5/25

11

926,727

270

5

1,835,400

115

0

N/A

N/A

Sold 2024

13

1,728,846

185

    8

4,887,187

182

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 Aug 29-Sep 5

Sanibel

CONDOS

3 new listings: Tennisplace #B24 2/1 $489,999; Signal Inn #14 2/2 $925K, Kings Crown #201 2/2 $1.349M.

4 price changes: Sanibel Moorings #212 1/1 now $425K, Sanibel Moorings #232 2/2 now $525K, Sanibel Moorings #632 2/2 now $579K, Loggerhead Cay #441 2/2 now $849K.

3 new sales: Lake Palms #5 2/2.5 listed at $499,999; Sanibel Shores #A2 2/2 listed at $590K, Sanibel Moorings #822 2/2 listed at $599K.

1 closed sale: Shell Island Beach Club #5D 2/2 $835K.

HOMES

1 new listing: 1611 Sand Castle Rd (1/2 duplex) 3/3.5 listed at $749K.

1 back-on-market: 1390 Middle Gulf Dr #E (1/2 duplex) 3/3 $729K.

2 price changes: 1550 Centre St 3/2 now $849K, 9439 Cotton Ct 4/4.5 now $999K.

1 new sale: 526 N Yachtsman Dr 3/2 listed at $1.495M.

4 closed sales: 1684 Bunting Ln 2/2 $650K, 3314 St Kilda Rd 3/2 $800K, 5300 Umbrella Pool Rd 3/3 $950K, 4709 Rue Belle Mer 3/2 $3.48M.

LOTS

No new listings.

1 price change: 5398 Osprey Ct now $319K.

No new or closed sales.

CAPTIVA

CONDOS

Nothing to report.

HOMES

No new listings or price changes.

1 new sale: 27 Urchin Ct 2/2.5 listed at $899K.

No closed sales.

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 in or participated in these transactions.

Enjoy your weekend,
Susan Andrews, aka SanibelSusan

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