About SanibelSusan

Real Estate Broker, Realtor Owner at SanibelSusan Realty Associates NAR Hall of Fame, C2EX (Commitment to Excellence) Endorsed Former President Sanibel & Captiva Islands Association of Realtors Florida Honor Society member since 1998, Sanibel & Captiva Islands Association of Realtors Honor Society member since 1993 Designations: Eco-Broker Certified, e-PRO, TRC (Transnational Referral Certified), SCIS (Sanibel & Captiva Islands Specialist), RSPS (Resort & 2nd-Home Property Specialist)

Celebrating Freedom & Recovery on Sanibel & Captiva

Now that summer weather has settled in, locals and visitors stay tuned to weather forecasts. At my East End home, power was out for several hours during a heavy storm Saturday. While another on Wednesday night caused a stop in parade float decorating, but the parade went off without a hitch the next morning when it was a sunny 89 degrees F at 9:30 a.m.

With the theme this year, “Stronger Together” many island-lovers, businesses, and non-profits came out both to participate in and view the parade. The sunshine continued right through the day, so it also was perfect for later additional events and celebrations.

It sure is hard to believe that this was the 31st year of the Sanibel July 4th parade. I remember when island Realtor® Don Bissell suggested the event and many Realtor® volunteers helped in that first planning and after parade picnic at City Hall. We had organizational meetings at The Quarterdeck. (You’ve gotta be old to remember that place.)

The City took over the parade many years ago and today Don’s daughter Trish Phillips, City of Sanibel Recreation Director, spearheads this annual tradition. It was a great idea then and successful again this year — always full of patriotic spirit and a wonderful display of community camaraderie.

Friday Drive-Around

Progress at Mariner Pointe fishing pier, 007-05-2024

Today, began again with bright blue sky and sunshine, so after teammate Dave stopped in with his Friday listing reports, I took a quick drive out to Captiva to see if it looked any busier than my earlier trips this week. I led a string of six vehicles down Periwinkle to San-Cap Rd but saw just a handful of bikers and other vehicles along the way. On Periwinkle, where I also saw painting activity yesterday at Treetops Shopping Center, painters continue today. The new neutral color scheme already looks great.

On San-Cap Rd, there were young men fishing on the bridge to Clam Bayou, while on the Blind Pass Bridge to Captiva, there were many more fishing and the public beach parking lots were full.

On Captiva Dr, just past the Yacht Club, I stopped for some crossing beachgoers, but didn’t see much activity anywhere other than construction workers and landscapers. Noticed just a couple of umbrellas on the beach.

By the time I reached South Seas, all the cars and trucks behind me had turned off and distant inland clouds looked to be darkening and heading to the islands.

Along the way, on both islands, I also noticed lush greenery and vegetation growth. The largest group of people were at Boops next to The Bubble Room. It also was a surprise to see that the first home I sold (30 years ago) on Captiva is now gone. The pool remains, but the home demolished/removed. It reminded me to drive past By-the-Sea on Sanibel to see how that demo was going.

Coming back to Sanibel, I took Rabbit to West Gulf, seeing a few cars at Rosalita’s. Also noticed good construction progress at the new Shalimar. At By-the-Sea, only part of the last west-most building remains.

As I continued to Middle and East Gulf, I didn’t see more vehicles or people, until a couple of contractor vehicles at the some of the condos. Sanibel Surfside also still is covered in blue tarps.

The dark clouds reached the island as I got home, first with lightning and then it poured for about 30 minutes. I bet that means the full parking lot at the Lighthouse thinned out. My trusty weather app says Sanibel rain should end completely by 6 p.m. Could be the worst of it is already over.

Visitors also should like that the weekend says only 20% chance of showers. It’s summer here now, that’s for sure!

More Island Events & Openings

American Legion Auxiliary Friday Night Dinner – Today, July 5 from 4-7 p.m. at American Legion Post #123 on San-Cap Rd with pulled pork sandwiches, potato salad, cole slaw, and brownies.

Arts & Crafts Fair – Saturday, July 6 from 9 a.m. to 2 p.m. at The Community House, 2173 Periwinkle Way.

Sanibel Lighthouse – The scaffolding came down July 3 with refurbishment complete. Check it out with its new leg, LED light, and exterior paint.

Island Wellness Pharmacy – Sign on a door at Jerry Center (1700 Periwinkle Way, #7) says this business is coming soon and is a sister pharmacy of Cypress Pharmacy on Cypress Lake Dr in Fort Myers.

The Wealth Effect: Money Moves

By economist Jennifer Warner, Florida Realtors Director of Economic Development, this article was posted on-line July 3:

“Florida is enjoying a positive net inflow of new residents, especially those who are wealthy and high earners, from across the country and world.

“ORLANDO – Florida’s reputation as an affordable place to retire has long attracted people of all classes to the Sunshine State when their working days are done. Florida was also an acceptable place to earn a modest living while enjoying the incredible amenities and weather. The perception has long been that working in coastal employment hubs offered the best shot for those looking to climb the corporate and thus financial ladder.

“Florida has worked hard to change the economy first, and its perception of it second. Investing in a variety of industries, supporting the advancement of quality education and overall raising the standard of what businesses could do here has transformed the state’s economy. It only took years of marketing and a pandemic to really rise to the top of the list of places to go for high-income earners.

“Florida was certainly a net recipient of in-migration of all kinds during the pandemic. The latest estimates from the U.S. Census Bureau show Florida’s population grew by 1.6% between 2022-2023, the second highest rate among all 50 states. That equates to about 1,000 net new Florida residents each day or 365,205 total, according to U.S. Census Bureau vintage 2023 national and state population estimates.

“While that trend has slowed somewhat as the drivers of migration associated specifically with the pandemic (open versus closed economy and schools, for example) have waned, Florida is still enjoying a trend of positive net inflow of people from throughout the country and the world.

“In-migration cuts across all types of people, but we’re starting to see not just an influx of all people, but specifically, wealthy people and high-wage earners. To get a better sense of this trend, we took a deep dive into the data collected by the Internal Revenue Service comparing 2021 to 2022 returns. If someone moved between those years and between states, where they moved from and to were captured, along with their reported income. This allowed us to get a sense of where working age people are moving, and how much they are earning.

“For this analysis of high-wage earners, we wanted to look at two subgroups of working age people, specifically those starting out in their careers, or young professionals, ages 26–34, and those in their prime working years, ages 35–54. We identified high-wage earners as those who earned over $200,000.

“Between 2021 and 2022, Florida had a net in-flow of over 1,700 young professionals who earned over $200,000—the highest in the nation. Texas and Colorado took the second and third spots, respectively. For those in their prime working years, Florida had a net in-flow of over 10,600 high-wage earner, according to Census data.

“California and New York were the top two states to lose high wage earners in their prime working years. This tracks with migration patterns of all people in those states, with these states reporting the highest gross out-flow between 2021 and 2022—at nearly 396,000 and 284,000 respectively. For young professionals, California and Illinois saw the highest losses, with Illinois experiencing a gross out-flow of almost 155,000 people across all age and income groups from 2021 to 2022.

“Wealth migration typically was the story for retirees who cash out of expensive coastal areas elsewhere and live large in Florida’s sunshine during their golden years. Hot locations for these people included the Naples and Palm Beach area, as well as parts of the Panhandle and northeast Florida. These areas catered to this demographic who required healthcare and wealth management services as top priorities.

“With wealth also coming in at younger ages, that demographic has different priorities. They need schools and offices, daycares and business centers. This younger age group has the potential to change the economies around them for a long time. Understanding this potential shift in clientele is key to focusing messaging and services to this younger and wealthier demographic.’

Sanibel & Captiva Association of Realtors®

CEO Bill Robinson & his wife Elizabeth

The islands Association of Realtors® parade entry was led by our CEO Bill Robinson and included Prez Brendan Albright, Prez-Elect Becky Mulka, and others in the leadership team, plus members, affiliates, and family members. Thanks to all participants.

There was no Caravan Meeting this week, but there will be one next Thursday at 11 a.m.

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

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

92

1,022,539

155

114

2,631,910

140

27

682,144

244

Under contract

4

1,509,575

154

15

1,302,906

136

3

3,556,000

185

Sold 2024 to 7/5

47

819,883

119

113

1,431,904

100

11

1,497,818

155

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

30

1,586,350

182

19

7,161,894

243

2

13,750,000

239

Under contract

2

2,097,500

123

1

2,850,000

57

0

N/A

N/A

Sold 2024 to 7/5

10

1,650,000

146

5

4,944,500

146

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 Jun 28‑Jul 5:

Sanibel

CONDOS

5 new listings: Donax Village #19 2/2 $627K; Sandalfoot #4D3 2/2 $865K; Sandalfoot #5C2 2/2 $875K; Sayana #203 2/2 $949,999; White Pelican #111 3/2 $1.575M.

2 price changes: Donax Village #10 2/2 now $575K, Kings Crown #215 2/2 now $1.275M.

1 new sale: Sandpiper Beach #504 2/2 listed at $995K.

3 closed sales: Donax Village #2 2/2 $599K, Sandalfoot #5A3 2/2 $900K, Sundial #E110 2/2 $1M.

HOMES

3 new listings: 1073 Sand Castle Rd 3/2 $1, 247,007; 592 Sea Oats Dr 3/2 $1.75M, 539 N Yachtsman Dr 4/3.5 $1.795M.

5 price changes: 3898 West Gulf Dr 3/2 now $775K, 1426 Sanderling Cir 3/2 now $949K, 1379 Albatross Rd 3/2.5 now $1.349M, 517 Lake Murex Cir 4/3 now $1.599M, 2255 Troon Ct 4/5.5.5 now $2.599M.

2 new sales: 5305 Ladyfinger Lake Rd 3/2 listed at $995K, 1690 Sabal Palm Dr 5/2 listed at $2.477M.

4 closed sales: 315 Periwinkle Way 3/2 $825K, 3990 Coquina Dr 3/2 $925K, 3708 Agate Ct 3/3.5 $1.3M, 5048 Joewood Dr 4/3.5 $2.35M.

LOTS

Nothing to report.

Captiva

CONDOS,

1 new sale: Beach Villas #2521 2/2 listed at $945K.

No price changes, new, or closed sales.

HOMES

No new listings.

1 price change: 14865 Mango Ct 2/2 now $1.595M.

No new or 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 or participated in these transactions.

 Enjoy your weekend! Susan Andrews, aka SanibelSusan

Popcorn Clouds Are Back on Sunny Sanibel

All is well again this week on sunny Sanibel, though the summer rain pattern has surprised some with a few quick showers in the morning, rather than afternoon. Regardless, they passed quickly, have kept temperatures down, and often arrive with puffy popcorn clouds that hang around to contribute to spectacular sunsets.

Nesting Season Update

Least Tern

Shore Birds – Sanibel-Captiva Conservation Foundation (SCCF) announced this week that state-threatened Least Terns are nesting by the causeway for the second year in a row. Before last year, it had been 30 years since these tiny terns had attempted to nest here. In conjunction with Florida Fish and Wildlife and Florida Department of Transportations SW Florida, SCCF’s shore bird team posted off several areas to protect the birds from disturbance before eggs were laid. Environmental monitors are out daily to ensure the well-being of the nests.

Sea Turtles – The first sea turtle nest of the season hatched Monday night. It was a rare Leatherback. As of Tuesday, SCCF’s Turtle Patrol had documented 554 Loggerhead nests and that one Leatherback (422 nests on Sanibel and 133 on Captiva). As of last Friday, they also reported 974 false crawls. Two of those false crawls were the first recorded visits from Green turtles. A false crawl is when a female sea turtle comes ashore but does not lay eggs. This is a common occurrence – with hundreds to thousands of false crawls documented per season on Sanibel and Captiva – but the frequency at which false crawls occur varies from year to year. In 2023, there were over 3,400 false crawls over the season, while in 2022, there were only around 1,000. It is not always understood why a sea turtle false crawls. It can happen naturally, because of beach conditions, or be caused by some external disturbance, like artificial lighting, human presence, or some other physical disruption. It is possible that false crawls happen if certain cues are missing to signal a suitable nesting site, such as sand-moisture content, slope, elevation, or wave exposure. Call the Sea Turtle Hotline at 978-728-3663 to report any issues with nests, nesting turtles, or hatchlings.

Ready for July 4th

Plenty of holiday celebrations are planned on the island, but as a reminder, no fireworks are allowed on Sanibel and there will be no evening fireworks display. Below are some island events scheduled for Thursday, July 4:

31st Annual Independence Day Parade begins at 9:30 a.m., travelling from Island Inn Rd/Tarpon Bay Rd to Periwinkle Way east, ending at Casa Ybel Rd. (Note: These roadways close at 9 a.m.)

Star Spangled Celebration in Jerry’s Parking Lot from 10 a.m. to 2 p.m. with hot dogs, face painting, refreshments, and food samples.

Celebration at the Rec Center following the parade, from 11 a.m. to 2 p.m. with hot dogs, gym games, open pools, stilt walker, bounce house, face painting, and Kona ice truck.

44th Sanibel Road Rally presented by local non-profit Friends of Randy. Begins at noon at The Timbers parking lot. This in-vehicle scavenger hunt requires registration, takes under two hours, and ends with a party and prizes at the restaurant. Proceeds this year to benefit F.I.S.H.

Out With The Old

Some commented on my news last week about By-the-Sea. Yes, the demolition of the condo buildings there is underway. Sometimes that is what is necessary for restorations/rebuilding to occur. The east-most building was down by my Wednesday drive-by, and by last night the center building also was partially down. One more to go.

You also may have heard about the recent demolition of the BIG ARTS formerly-Strauss Theater at 2200 Periwinkle Way. I remember when it was built and enjoyed many performances there, before it suspended its professional-theater program in 2018. Other old timers also probably remember such theater names as Pirate Playhouse, Periwinkle Theater, and The Old Schoolhouse Theater. BIG ARTS acquired the former Strauss in 2010 and the community looks forward to what will appear next in that location.

What’s In Store for Realtors®

In the wake of the recent landmark National Association of Realtors® (NAR) settlement and that offers of compensation to buyers’ agents soon will be excluded from the MLS (Multiple Listing Service), real estate professionals face the challenge of navigating a new normal. What will that look like?

Starting August 17, a buyer’s agent is required to have a buyer representation agreement signed by the buyer. That agreement will detail how that agent will be compensated. While the seller may continue to pay the commission, it will now require negotiation between the buyer/buyer’s agent and the listing agent/seller.

Florida Realtors® has already issued some new forms with more coming out soon and many island Realtors® are looking forward to upcoming classes expanding on these forms. You can be sure The SanibelSusan Team will be ready to comply with the new requirements.

Eagles Will Always Soar

As a long-time fan of Steven David from Fort Lauderdale, I agree with his editorial below, from the July 2024 Florida Realtor® magazine. It was written for Realtors® and in typical Steven David fashion, tells it like it is”. I hope you also enjoy it.

“The recent NAR settlement will have a profound and positive impact on the best agents. After 50 years in the industry, and a senior GRI (Graduate Realtor Institute) instructor for over 36 years, I believe my observations on expectations and performance have empirical support.

“More than 70% of the agent population will likely fail in the new reality. They have neither the skills, intestinal fortitude nor market knowledge to justify direct compensation. More to the point, many simply don’t put forth the effort to learn, grow, and apply their skill set. Ours is not an easy path to success, yet many have made incredible careers.

“The 14 hours of mandatory Florida continuing education (CE) courses will keep your license current. It does not ensure a profitable career. Busting your rear end every day will. Not giving up, not accepting anything, but trying, growing and doing what the best do will bring success regardless of the new rules going into place mid-August.

“The business will no longer be a stop-over point in many less motivated people’s paths from mediocrity to mediocrity. If you chose a sales career, you knew you were entitled to nothing unless you earned it. Expectation without excellence is foolhardy.

“I believe you are one of the strong ones. As a Realtor® friend told me years ago: “Eagles will always soar; they’ll hunt their food; they never doubt the outcome. And they will never hang out with pigeons.”

Sanibel & Captiva Association of Realtors®

Guest speaker Matt DePaolis, SCCF Environmental Policy Director, updated attendees yesterday at the local Association of Realtors® June membership meeting. It was a well-attended event and his presentation was excellent, but it was disheartening during the Caravan meeting that followed to have no new sales announced. A few price reductions were reported. The Open House tour after the meeting had four Sanibel homes and a Sundial condo available for viewing.

Regarding Sundial, it also was announced that beginning near the end of July, the Resort will be offering day passes with access to their beach and big pool. Cost will include a food allowance at their on-site establishments. Regarding condo rentals, Sundial East units are already taking bookings beginning Aug 3, while some Sundial West units are expected to be ready by Nov.

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

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

94

1,045,846

163

119

2,616,082

137

29

748,686

249

Under contract

6

1,277,983

112

18

1,248,938

141

3

3,556,000

168

Sold 2024 to 6/28

44

818,989

123

109

1,434,910

98

11

1,497,818

155

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

32

1,539,843

187

19

7,166,842

236

2

13,750,000

232

Under contract

1

3,250,000

289

1

2,850,000

57

0

N/A

N/A

Sold 2024 to 6/28

10

1,650,000

146

5

4,944,500

146

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 Jun 21-28

Sanibel

CONDOS

2 new listings: Sanibel Arms West #F7 2/2 $1.049M, Sanibel Moorings #1112 2/2 $1.2M.

2 price changes: Captains Walk #C6 1/1 now $349K, Sandpiper Beach #502 2/2 now $865K.

No new sales.

2 closed sales: Sunset South #12C 2/2 $525K, Sanibel Siesta #405 2/2 $775K.

HOMES

3 new listings: 490/460 Old Trail 3/2.5 $650K, 628 Lake Murex Cir 3/2.5 $1.597M, 2287 Starfish Ln 4/4 $2,489,900.

1 back-on-market: 9003 Mockingbird Dr 5/4 $959K.

6 price changes: 1719 Serenity Ln 3/2 now $775K, 653 Oliva St 3/2 now $898.5K, 1846 Farm Tr 3/2 now $899K, 1813 Long Point Ln 4/2.5 now $925K, 9247 Dimmick Dr 3/2 now $999K, 519 Kinzie Island Ct 4/3.5 now $2.829M.

4 new sales: 2479 Blind Pass Ct 3/2 listed at $999.9K, 1011 S Yachtsman Dr 5/2.5 listed at $1.15M, 1402 Middle Gulf Dr 3/3 listed at $1.545M, 928 Pecten Ct 3/2.5 listed at $1.595M.

4 closed sales: 9428 Moonlight Dr 3/2 $795K, 931 S Yachtsman Dr 4/3.5 $948K, 4340 West Gulf Dr 5/3.5 $1.7M, 228 Violet Dr 3/2.5.5 $2.4M.

LOTS

No new listings or price changes

1 new sale: 4657 Rue Belle Mer listed at $3.3M.

1 closed sale: 2505 Lands End Pl $1.2M.

Captiva

CONDOS,

No new listings.

2 price changes: Beach Vilas #2521 2/2 now $945K, Lands End Village #1659 2/2 now $1.485M.

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 & Independence Day holiday!

Susan Andrews, aka SanibelSusan

Come to Sunny Sanibel to Cool Off

Now that summer has officially arrived, the islands are back to typical summer weather. With usually at least a 50% chance of quick daily showers, night temps next week are forecast to be in the upper 70’s, with days in the high 80’s. It was unusual that it was cooler this week in Florida than in much of the nation. This afternoon is another bright sunny one.

 

 

Following the early tropical depression last week, with several days of heavy rain, a few swales along West Gulf Dr have been slow to recede/ Elsewhere, puddles are dried out and vegetation is growing like crazy. Many have asked about when work will begin at By-the-Sea, 2611 West Gulf Dr. Today there was activity there, first that I have seen in months.

Plenty of contractor repair work continues in most communities, while off-season visitors returning for the first time since Ian are encouraging others to come back too. Beaches are beautiful, businesses offering appreciative smiles, and more accommodations becoming available.

Florida’s 2024-2025 Budget

Last week, Florida Governor DeSantis signed the 2024-2025 fiscal year budget which becomes effective July 1. The $116.5B budget features significant funding for Realtor® supported priorities including:

·        $1.2B for water quality and environmental projects

·        $408M for state and local government affordable housing programs

·        $200M for My Safe Florida Home Program

·        $100M for Hometown Heroes Housing Program

·        $30M for My Safe Florida Condominium Pilot Program

·        $500K to prevent unlicensed real estate activity

·        $500K to evaluate the impact of lookback periods.

Love Sanibel Businesses Back

“Love Sanibel Businesses Back” is an initiative of weekly mix and mingle events featuring the different island shopping areas and organized by St Michael’s to foster community camaraderie and support during the summer. Successful events have been enjoyed at the Over Easy Café and Olde Sanibel Shops on June 3, followed by Pinocchio’s and Periwinkle Place Shops on June 10.

This week, on June 18, Sanibel Café and Tahitian Gardens Shopping Center were featured. Next week, on Tues June 25 at 3 p.m. a special event is planned at The Magic Bus Ice Cream Shop, also highlighting the Lighthouse District shops, and Wickie’s.

The upcoming schedule includes Jerry’s shopping center July 3; The Shack, Hurter’s, She Sells Seashells & Heart of the Islands July 10; Bubble Room Boops & the Island Store July 18; Lighthouse Café, Rachel Pierce Gallery, & the Outdoor Market July 25; Sanibel Deli, CROW, and Pak-‘n-Ship Aug 3; Tower Gallery, Whitney’s, the Grog Shop, & Sanibel Grill Aug 9; Rosalita’s, Sanibel Carts, & Ding Darling shop Aug 17; Tutti Pazi and the Shell Museum Aug 24. More details and times on https://www.saintmichaels-sanibel.org/.

Island Reopening & More

JRod’s Beachware – has reopened in the Olde Sanibel Shops, 630 Tarpon Bay Rd.

Pelicans Roost – This condo community at 605 Donax St celebrated their ribbon-cutting on June 13 and announced they will have 20 units available for rent beginning in August. Kingfisher Vacation Rentals manages them.

Puschel Preserve – This SCCF Preserve on the corner of Periwinkle Way and Purdy Dr has had a wonderful transformation since it was used as a debris staging area following Hurricane Ian. A new solar-powered charging station with pavers around it are installed.

Sanibel & Captiva Association of Realtors®

In the island real estate world, there was no Association of Realtors® Caravan Meeting this week. We only meet every two weeks in the summer. The monthly membership meeting is next Thursday with guest speaker Matt DePaolis, SCCF Environmental Policy Director. A Caravan of Open Houses (from noon until 3 p.m.) will follow the meeting.

With Florida Realtors® announcing new agency agreements, licensees have been offered free Buyer/Broker webinars taught by some terrific state instructors. The Sanibel-Captiva Association will be streaming a July 23 event that is already full (I registered early). It will be taught by Patti Ketchum who truly is one of the best in the business. She is broker/owner of Ketchum Realty Group in Tallahassee; licensed in FL, GA, and NC; and a decades-long active member, including chair, of state and national Professional Development Committees. We have attended many Florida Realtors® meetings together when Patti has assisted in the Audition Panel process where potential new state instructors are evaluated. She also serves on the Florida Real Estate Commission (FREC). FREC regulates education for Florida Realtors® and has seven Governor-appointed Senate-approved members. The islands are lucky to be featuring her class.

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

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

93

1,058,597

160

122

2,625,730

137

32

816,903

247

Under contract

7

1,181,128

111

19

1,278,789

111

2

3,684,000

18

Sold 2024 to 6/21

42

827,036

127

105

1,433,926

97

10

1,527,600

170

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

32

1,544,218

180

19

7,166,842

229

2

13,750,000

225

Under contract

1

3,250,000

289

1

2,850,000

57

0

N/A

N/A

Sold 2024 to 6/21

10

1,650,000

146

5

4,944,500

146

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 Jun 14-21

Sanibel

CONDOS

3 new listings: Colonnades #9 1/1 $350K, Cottage Colony West #110 1/1 $615K, Sundial West #K108 3/2 $1.395M.

1 price change: Seascape #302 3/3.5 now $1.65M.

1 new sale: Donax Village #2 2/2 listed at $599K.

1 closed sale: Sunset South #3C 2/2 $640K.

HOMES

1 new listing: 9114 Mockingbird Dr 3/2 $899,999.

8 price changes: 4049 Coquina Dr 3/2 now $499K, 9126 Mockingbird Dr 3/2 now $829K, 235 Palm Lake Dr 3/2 now $994K, 465 Lake Murex Cir 2.2,5 now $989K, 9247 Dimmick Dr 3/2 now $1.049M, 697 Spartina Ct 3/2.5 now $1.225M, 1018 S Yachtsman Dr 3/3 now $1.237M, 2499 Harbour Ln 3/3 now $1.55M.

4 new sales: 1016 Fish Crow Rd 3/2 listed at $689K, 1196 Sand Castle Rd 2/2 listed at $750K, 199 Southwinds Dr 3/3 listed at $799K. 6425 Pine Ave 4/3 listed at $1.685M.

1 closed sale: 1025 S Yachtsman Dr 4/3 $2.75M.

LOTS

No new listings, price changes, or new sales.

2 closed sales: Bowmans Beach Rd 25 $145K, Bowmans Beach Rd 27 $175K.

Captiva

CONDOS,

1 new listing: Sunset Captiva #101 2/2 $1.85M.

1 price change: Bayside Villas #4116 1/2 now $639K.

No new sales.

1 closed sale: Beach Villas #2321 2/2 $875K.

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

After a Super Rainy Week, Sun Peeks Out

To say, “the rainy season has begun”, is an understatement. With off-&-on showers, sometimes heavy, both day and night all week, Florida has reported flooding in many areas. Luckily the sandy soil here usually makes standing water disappear quickly, even so, it looked like a moat around my home by Wednesday afternoon with the street remaining flooded this morning.

The rains are expected to return to what we call “summer normal” by tomorrow which typically means an occasional afternoon downpour that passes quickly, cools things down, and may set the stage for a beautiful sunset.

With many reports of flooding off-island, I was determined to see how the island fared, so with my driveway finally down a few inches this afternoon, I did a short drive-around. Probably should not have gone down West Gulf Dr where there is a significant amount of water over the roadway in-&-around East Rocks, but once you start, it is tough to stop.

I saw very few cars out-&-about, but plenty of contractor vehicles and workers. Since I had been stuck at home for a few days, it was great to see more post-Ian restoration. I only covered East End, Periwinkle to Tarpon Bay Rd to end of West Gulf Dr to home by way of the Gulf Drives. Here are some general things noticed:
  • ·        More standing water than I remember after past storms.
  • ·        More hurricane-damaged homes have come down, more yards being cleared, more properties getting new roofs, windows, and landscaping.
  • ·        Progress at the new Shalimar where buildings already are going up.
  • ·        New lighter exterior color scheme at Somerset where the new landscaping also looks great.
  • ·        New exterior painting also underway at Sand Pointe and Sundial East.
  • ·        Workers on roof at several buildings at Pointe Santo and Shell Island Beach Club,
  • ·        New clubhouse about done at Seagull Estates.
  • ·        Sun finally peeking out by the time drove by Gramma Dot’s & The Sanibel Marina.

Gramma Dot’s 06-14-2024 at 3 p.m.

Sanibel Workshop – City Council & Planning Commission

It was with interest that I attended this 4-hour workshop on Tuesday at BIG ARTS. Held at the suggestion of Sanibel City Manager, Dana Souza, the purpose was to discuss ways for City staff to expedite island recovery efforts, both commercial and residential, and bring to the attention of elected officials some of the hurdles brought to light by post-Ian, both from the storm and from new processes and personnel.

The workshop was a cooperative effort between Sanibel City Council members and Planning Commissioners on stage. Agenda and presentations were by City Manage Souza, City Attorney John Agnew, Planning Director Paula McMichael, and Deputy Planning Director Craig Chandler. Public comment was open to anyone in attendance.

Recorded videos of the meeting are on the City of Sanibel Facebook page. Some of the experiences described by home and business owners in trying to get permits were surprising. Many were complimentary, a few highlighted areas where attention or direction is needed. All-in-all, the event resulted in good suggestions for improvement. It was so productive, that another may be held before year-end.

One news tidbit also is that Director McMichaels announced that a new City Planner has been hired and recently began work. A new administrative employee also is coming on board soon, with a second new Planner starting in a few weeks.

It really is unbelievable the volume of work that these City Departments (Planning & Building) have and continue to process from this storm. Thanks to them and our elected officials for always looking for ways to improve!

Sanibel & Captiva Announcements Re: Flooding

Captiva Library – Closed yesterday at 12:30 p.m. due to impacts from the weather.

F.I.S.H. – Today, the food pantry is closed and their furniture distribution event canceled due to the weather.

Public Parking – The City of Sanibel posted midweek that the public parking lots at Blind Pass and Lighthouse Beach were temporarily closed due to flooding. No word yet on them reopening. Still closed this afternoon.

Looking for Things to Do on Rainy Days?

Vacationers and residents often look for activities for children during stormy days. Below are examples of some of the offerings that were/are available at the Sanibel Library this week. View full online calendar with times at www.sanlib.org/calendar.

Dinosaur Fun with children from babies to teens invited to participate in a prehistoric adventure and hear stories about dinosaurs, ride the Dinosaur Roller Coaster through Virtual Reality, create hands-on crafts, and more. (Tues morning)

Toni Bennett Trick Dog Performance with story time. (Tues afternoon)

Crafternoon with bookmark making. Craft supplies available and staff guide the program, ages four and up, including adults. (Wed afternoon)

Family Storytime for ages five and under and their caregiver. Kids will get to sing, read, question, and move around during Storytime with a literacy craft center after (Fri morning)

Family Film Friday with movie in the Teen Area. Snacks provided. (Fri afternoon)

Strength & Stretch session for ages 4-10 with Yoga instructor. The program combines energetic movements, playful stretches, and calming breathwork to feel strong, flexible, and focused. (Sat morning)

Crafterday hosted by professional artist and coloring book creator. Participants will create a shorebird drawing they can take home. (Sat)

SCCF Announcement Re: Sea Turtles

Wed, the Sanibel-Captiva Conservation Foundation posted: “SCCF has documented 371 loggerhead nests and 1 leatherback nest on Sanibel and Captiva since April 24. Heavy rains and flooding this week due to the wet season’s first tropical system don’t necessarily mean trouble for the nests – sea turtle eggs are permeable, so a little extra water shouldn’t be an issue and may have a beneficial cooling effect.

“The biggest threats to incubating eggs from storms include prolonged inundation or beach erosion and accretion, which can wash out nests or change nest conditions. Luckily, sea turtles lay multiple nests per season at different times so that even if one nest washes away, there’s a high likelihood that others produce hatchlings.

“It won’t be long before we see our first hatchlings! Help as protect nesting females and hatchlings by turning off beach-front lights after dark, filling in holes, flattening sandcastles, and removing beach furniture and trash.

“To report a suspected new nest or issues with nests/turtles, beach lighting, or beach furniture, please call the SCCF Sea Turtle Hotline at 978-728-3663.”

Ring the School Bell

Posted this week by the Sanibel Historical Museum and Village: “Children 12 and under are invited to test the remounted school bell at the Sanibel Historical Museum and Village. Now that the City of Sanibel has repaired the historic schoolhouse, the Sanibel Fire Department on Tues, June 18, at 9 a.m. will install the bell that was blown off the roof during Hurricane Ian. Once the bell is installed, one child, chosen at random, will get the chance to be the first to ring the bell. Later, after the official ceremonies, all children of all ages (even if over 65) will be allowed to ring the bell once. This is a classic example of how our community works together. The City repaired the building, Michael Gallloway, a volunteer, restored the bell, and now our Fire Department comes to the final rescue”, said Ty Symroski, President of the SHMV.

The Sanibel Historical Museum and Village is located at 950 Dunlop Road (next to BIG ARTS). It is open now through July 31, Tues to Sat 10 a.m. to 1 p.m. The Village will be closed August and September and re-open for season October 15.”

Tax Roll Values on Sanibel Drop Again Post-Ian

From www.SanibelCaptiva.com on June 11: “Initial property tax valuations for Sanibel have decreased over 2023 for the second consecutive year. The Lee County Property Appraiser’s Office released its preliminary estimated tax roll values last week, which indicate a 1.8% drop for the city of Sanibel, but a 9.65% increase for Captiva as part of unincorporated Lee County. Initial valuations for the fire districts also varied depending on island…

“”The value estimates provide a starting point to taxing authorities for their annual budget and property tax rate process,” Matt Caldwell (Lee County Property Appraiser) said. “The office will continue refining the values and will certify the official values.” The final numbers will come out before July 1, then be sent to Tallahassee for approval.”

Sanibel & Captiva Association of Realtors® Scoop

Because of the weather, most Professional Development Committee members attended the Association’s Wednesday meeting by Zoom. Now that the educational events, speakers and classes are scheduled for most of the year, the Committee won’t meet again until August. In the interim, members will continue to be notified about the forms being prepared by Florida Realtors® covering the new national requirements on buyer brokerage.

Yesterday, there was a Caravan Meeting at the Association office. Again, thanks to rain and lightning, attendance was light with Open Houses postponed until the monthly membership meeting in two weeks.

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

The SanibelSusan Team is thankful to have a new listing on Anchor Dr and appreciate that JMA Photography quickly filmed it last Sunday before the major rain events. Those photos, including drone shots, were used to prepare a streaming video that is now posted and syndicated to real estate sites worldwide. It is a wonderful home and now like-new thanks to a complete renovation last year. Easy to show and rescheduled for Realtor® Caravan on June 27, noon until 3 p.m.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

92

1,051,386

162

130

2,574,452

131

32

816,903

240

Under contract

7

1,195,414

137

15

1,358,266

103

4

1,922,000

75

Sold 2024 to 6/14

41

831,498

125

104

1,421,271

97

8

1,869,500

174

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

33

1,488,363

184

19

7,166,842

222

2

13,750,000

218

Under contract

2

2,087,500

189

1

2,850,000

57

0

N/A

N/A

Sold 2024 to 6/14

9

1,736,111

148

5

4,944,500

146

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 Jun 7-14

Sanibel

CONDOS

1 new listing: Donax Village #2 2/2 $599K,

3 price changes: Beach Rd Villas #104 2/2 now $560K, Sanibel Arms West #I7 2/2 now $789K, Compass Point #191 3/2 now $1.795M.

1 new sale: Sandalfoot #5A2 2/2 listed at $929K.

No closed sales.

HOMES

4 new listings: 586 Boulder Dr 3/2 $625K 668 Anchor Dr 3/2 $1.545M (SanibelSusan listing), 1690 Sabal Palm Dr 5/3 $2.477M, 6111 Sanibel-Captiva Rd 6/5.5.5.5 $44.88M.

668 Anchor Dr

 
3 price changes: 9225 Belding Dr 3/2 now $650K, 2604 Coconut Dr 3/2 now $1.2M, 938 Pecten Ct 3/2.5 now $1.595M.

5 new sales: 9003 Mockingbird Dr 5/4 listed at $959K, 3343 Saint Kilda Rd 3/2 listed at $1.087M, 3708 Agate Ct 3/3.5 listed at $1.37M, 4573 Bowen Bayou Rd 3/2 listed at $1.384M, 902 Kings Crown Dr 5/4.4 listed at $1.695M.

4 closed sales: 3025 Poinciana Cir 3/2 $750K, 5827 Pine Tree Dr 3/2 $M, 1720 Dixie Beach Blvd 3/3 $1.467M, 1318 Seaspray Ln 5/3.5 $2.15M.

LOTS

No new listings

1 price change: 2486 Wulfert Rd now $349K.

No new or closed sales.

Captiva

CONDOS
1 new listing: Bayside Villas #4222 1/2 $575K.

No price changes, new sales, or closed sales.

HOMES

No new listings.

1 price change: 11521 Paige Ct 4/3.5 now $10M.

No new or 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 or participated in these transactions.

Enjoy your weekend with best wishes for a Happy Fathers’ Day!
Susan Andrews, aka SanibelSusan

It’s Another Bright Sun-Shiney Friday on Sanibel & Captiva

Hooray, we finally got a couple of spring showers, after sunsets midweek. Island vegetation is greening up. Inland showers are expected later today and over the weekend as record temperatures are reported all over the state. The rainy season is beginning.

Sanibel-Captiva Conservation Foundation reported on Wednesday (June 5) that maximum recorded temperatures had topped 90 degrees F in the prior ten days at multiple River, Estuary, and Coastal Observing (RECON) sites in the Caloosahatchee Estuary and Gulf of Mexico.

Following those first on-island showers, I have also heard reports of several Gumbo Limbo trees unexpectedly toppling over. This is the time of the year when those trees leaf out, but some are showing signs of rot. Be sure and check yours. When I checked mine, I found a big one with leaves, but also falling over.

2024 Independence Day Celebration

With July 4 right around the corner, the City has posted about two events. The Independence Day Parade will be back this year. This is its 31st year, following the usual route beginning at 9 a.m. after forming on Island Inn Road, then traveling from Tarpon Bay Rd to Periwinkle Way east to Casa Ybel Rd. Both commercial and non-commercial entries will be lined up in order of registration, so participants are encouraged to sign up early. Entry forms and 2024 parade tee-shirts are available at Bank of the Islands.

Then, after the parade, from 11 a.m. until 2 p.m., Sanibel Recreation Center is hosting a free event at the Rec Center with hot dogs, gym games, open pools, stilt walker, bounce house, face painting, and Kona shaved ice truck.

(Note: No City fireworks this year.)

4th of July Road Rally

Presented by the Friends of Randy of Sanibel (FOROS), the 4th of July Road Rally also is back. It will start at noon at The Timbers Restaurant & Fish Market on Sanibel, Registration is open. Marking its 44th year, this year proceeds will benefit F.I.S.H. of Sanibel-Captiva. A donation also will be made to CHR (Community Housing & Resources) families to help with back-to-school supplies.

This event is an in-vehicle visual scavenger hunt for answers to questions. Participants are provided instructions, questions, and driving directions, finding clues along the way. It is not a speed race – it is scored on correct answers, time, and mileage. It takes under two hours, finishing back at Timbers where a party will be held. (FOROS is an all-volunteer island non-profit.)

More Openings & Re-Openings

Blind Pass Condominiums – They reopened and starting taking reservations in March, but just had their official celebration with ribbon cutting last weekend, with special thanks to contractors and returning guests.

CHR (Community Housing & Resources) – Their offices just reopened and also had a ribbon-cutting this week. Their new location is in The Village Shops, 2340 Periwinkle Way, Suite K2.

Sanibel Fire Station #172 – This morning was the ground-breaking ceremony for the new fire station being built at 5171 Sanibel-Captiva Rd. It replaces the one that was removed after damage by Ian.

Tarpon Bay Explorers – June 1st marked the first day of Tarpon Bay Explorers’ new contract as the concessionaire to the J.N. “Ding” Darling National Wildlife Refuge. The contract is for ten years with a five-year renewal option. Tarpon Bay Explorers first earned a Refuge contract in 2002, offering tram tours of Wildlife Drive, plus canoes, kayaks, and electric pontoons. They also added a Sea Life and Nature Cruise and built the Aquarium and Touch Tank Exhibit. After Hurricane Charley in 2004, their old building was demolished and in 2008 a new one was built. Now that this new contract is signed, they are expected to replenish equipment lost from Hurricane Ian and rebuild their operation. By the end of the year, they plan to have pontoons for rent, fishing charters, bike rentals, and a new kayak and paddleboard fleet. The Nature Cruise is expected to follow including the Touch Tank and Aquarium experience, more bike and boat rentals, live bait tank, and more. Tarpon Bay Explorers currently operates on a limited schedule. At 900 Tarpon Bay Rd, including the nature gift store, they are open from 8 a.m. to 5 p.m. Mondays, Wednesdays, Fridays, and Saturdays for kayak and paddleboard rentals, Kayak tours of Commodore Creek and tram tours of Wildlife Dr are on a limited basis. More details and reservations are at http://www.tarponbayexplorers.com.

Sanibel & Captiva Real Estate Scoop

There was no caravan meeting at the local Association of Realtors this week, but instead the annual SCIS (Sanibel & Captiva Islands Specialist) classes continued plus a day with instructions covering the new app offered by our Multiple Listing Service (MLS) provider, Paragon.

Next week, there is a Professional Development Committee Meeting on Wednesday and Caravan on Thursday.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the residential sales statistics, followed by the Sanibel/Captiva MLS action reported this week. It was another slow week with sales, no new ones on Captiva, while a condo, a lot, and three homes went under contract on Sanibel. Also, a surprisingly low sale price on the one Sanibel condo closing.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 93 1,079,243 167 133 2,220,889 127 31 831,996 241
Under contract 6 1,239,816 160 15 1,427,799 110 4 1,922,000 75
Sold 2024 to 6/7 41 831,498 125 99 1,425,267 96 8 1,869,500 174
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 32 1,516,906 183 19 7,271,842 215 2 13,750,000 211
Under contract 2 2,087,500 189 1 2,850,000 57 0 N/A N/A
Sold 2024 to 6/7 9 1,736,111 148 5 4,944,500 146 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 May 31 – Jun 7

Sanibel

CONDOS

3 new listings: Donax Village #10 2/2 $600K, Spanish Cay #E4 2/2 $649K, Ibis at The Sanctuary #A302 2/2 $815K.

No price changes.

1 new sale: Sunset South #9B listed at $599.9K.

1 closed sale: Spanish Cay #C6 2/2 $385K.

HOMES

5 new listings: 567 Rabbit Rd 2/2 $875K, 1846 Farm Tr 3/2 $929K, 9448 Begonia Ct 3/2.5 $1.095M, 2525 Lands End Pl 4/3 $2M, 592 & 629 Lighthouse Way 3/2 $6.836M.

10 price changes: 1196 Sand Castle Rd 2/2 now $750K, 9126 Mockingbird Dr 3/2 now $799,999; 5305 Ladyfinger Lake Rd 3/2 now $995K, 248 Christofer Ct 2/2.5 now $1.044M, 3343 Saint Kilda Rd 3/2 now $1.087M, 1270 Par View Dr 3/2 now $1.325M, 742 Nerita St 3/2 now $1.45M, 836 Birdie View Pt 3/3.5 now $1.949M, 1507 Angel Dr 3/2.5 now $1.995M, 5435 Osprey Ct 4/3.5 now $2.550M.

3 new sales: 1454 Sandpiper Cir 4/3 listed at $699,999; 315 Periwinkle Way 3/2 listed at $850K, 4340 West Gulf Dr 5/3.5 listed at $1.85M.

4 closed sales: 560 Piedmont Rd 3/2 $600K, 863 Rabbit Rd (1/2 duplex) 3/2 $652K, 235 Daniel Dr 3/3 $1,343,750; 1511 Angel Dr 4/3 $2M.

LOTS

No new listings or price changes.

1 new sale: Bowen Bayou Rd 25 listed at $145K.

No closed sales.

Captiva

CONDOS

No new listings, price changes or new sales.

1 closed sale: Beach Cottages #1414 2/2 $1M.

HOMES

1 new listing: 1072 South Seas Plantation Rd 3/3.5 $6.75M.

No price changes or new sales.

1 closed sale: 11516 Wightman Ln 5/4.5 $3.25M.

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

Another Month Flew By, While Sanibel Sunshine Continues

The islands had no rain again this week. As much as we never want to see another hurricane, it would be nice to get an occasional quick shower to give the critters and vegetation a drink. When I need to add water to my pool twice a week, I know summer weather has arrived before the rainy season.

On the plus side, without rain stirring things up, the gulf waters remain clear and turquoise. The roadways were quiet over the holiday weekend, but the public beach access parking lots were full. Also when teammates Dave and Lisa were out boating Monday, they sent me beachside photos of some condo restoration progress. It was nice to see many of those beaches also occupied.

Another plus is that the spring-blooming trees have been spectacular much longer this year. After recently posting blog pictures of the apple blossom cassia at Sanibel Moorings and the royal poincianas at Sanibel Arms and Captains Walk, Dave and I have been on the lookout for other eye-catching bloomers. My winner today is another beauty, a golden shower tree at Sanibel Moorings while Dave spied the pink one near the boat ramp.

Sanibel Pick-Up Softball

Following their reopening last week, this week the Sanibel Recreation Center announced pick-up adult softball begins June 3 from 6 to 8 p.m., weather permitting, at the Sanibel ballfields, 3840 Sanibel-Captiva Rd.

Monday nights are for ages 50+, while Wednesdays are for ages 18-49. Participation is free, just bring your glove and wear closed-toe shoes.

J.N. “Ding” Darling National Wildlife Refuge

The Refuge announced this week that beginning Sat, June 1, Wildlife Dr hours will be lengthened since sunsets are later. June through the end of July, Wildlife Dr will be open from 7 a.m. to 8 p.m. (Note, but still closed on Fridays.)

Also beginning June 1, Refuge staff and volunteers will lead FREE summer programs, offered weekly through July. Those include Wildlife Drive Caravans Tour, Beach Walks, Restorative Nature Walks, Insect Insanity, and Monday’s Ranger Choice (which changes each week). Check their weekly calendar on-line for details and sign up at http://www.DingDarling.EventBrite.com.

Island Water Association

Diana Wilson, General Manager of The Island Water Association (IWA) was the guest speaker yesterday at the May Membership Meeting at the islands Association of Realtors®. She was new to IWA just a few years ago, in time, as she mentioned, to negotiate their first union contract, and then lead IWA through the pandemic and Hurricane Ian. It probably goes without saying that after being hit with those challenges, updating our Realtor organization was probably a walk-in-the-park. Good info was provided which attendees will share with new customers and clients. Here are some of my takeaways.

  • Island Water has been providing water to Sanibel & Captiva since 1965. It is a private member-owned non-profit. They are not part of the City or County but work in coordination with them.
  • They treat & distribute potable water for in-home use, irrigation, drinking fountains, etc.
  • They are governed by five member-elected directors and have just 30 employees. Their goal is to provide quality water, with exceptional service at a reasonable price. Their water rates have not changed since 2009.
  • Today, there are ~5,200 connections to their system. She described the process they use in producing the water as “fresh squeezed”. How Florida is that?
  • IWA facilities in addition to the administrative offices and reverse-osmosis (RO) treatment facility on Sanibel-Captiva Rd include 15 production wells, one 3,100’ deep injection well, five storage tanks (15 MG capacity), three booster stations, and a distribution network with piping from 2” to 20” in diameter. (We got to view these examples of these pipes.)
  • The source of the raw water extracted by the production wells is from the upper Floridian aquifer.
  • The RO plant can produce 6 million gallons/day. The treatment first involves a filtering process that removes any silt/sand or other particles. It removes anything larger than 1 micron. (As reference, a red blood cell is 5 microns and a typical hair is 7.5.) Next, the RO membranes filter out salts, viruses, and most minerals. The final step is for disinfection, PH adjustment, and corrosion. (We also got to view samples of these membranes.)
  • The five IWA storage tanks include two at the RO treatment plant, one on Periwinkle, one on Wulfert, and one at South Seas.
  • For consumers, IWA has updated their website and installed smart meter devices on every property connection. This allows users to check their water usage 24/7. Through a member portal, one can sign up for a leak alert so you should never be surprised again with a big water bill due to a pool, irrigation, or other leak causing high usage.
  • One of our Realtor attendees confirmed that her HOA discovered leaks thanks to these new devices, potentially saving their Association thousands of dollars.
  • Another Realtor asked about the quality of the water IWA produces. Interestingly, we learned that the requirements for that water is significantly more stringent than what is sold as bottled water. She said the bottle of water provided to her at our meeting was the first one she had sampled in a very long time. Our tap water is better!

Sanibel & Captiva Islands Association of Realtors®

It was fun Wednesday to teach again at the Association Office. There were 16 attending the Resorts & Second Homes module for the 2024 SCIS (Sanibel & Captiva Islands Specialist) designation. Some are working on earning the designation, others recertifying.

There are 12 modules to earn the certification, with recertification needed every three years. That requires three classes.

The modules include eight taught by representatives from the following organizations. Most include tours of their facilities.

  • Bailey Matthews National Shell Museum
  • BIG ARTS
  • Captiva Erosion Protection District
  • City of Sanibel – City Hall
  • R.O.W. (Clinic for the Rehabilitation of Wildlife
  • History of the Islands
  • N. “Ding” Darling Wildlife Refuge
  • Sanibel & Captiva Conservation Foundation.

The remaining four are taught by local Realtors®, Greg Demaras, Eric Pfeifer, yours truly, and Jeff Burns.

  • Differences Selling the Islands Vs Mainland Lee County
  • Marketing Condos on the Islands
  • Resorts & 2nd Homes
  • Waterways & Beaches.

More Island Real Estate Scoop

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

It again was a quiet one for sales. On Sanibel, two new sales were posted, a home and a lot. Ten Sanibel homes also had price reductions as did a Sanibel lot, while both a condo and a home were newly listed. There also was a handful of closed sales. No new activity this week on Captiva.

Many comments at yesterday’s Caravan Meeting echoed the same: “no showings, no offers, no inquiries”, but plenty of worries about what may happen with the condo market. For Realtors®, whether working with buyers or sellers, those now require more homework. You can be sure I stressed that at Wednesday’s class, attendees agreed.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 94 1,083,536 162 143 2,171,148 132 36 784,080 229
Under contract 6 1,213,000 158 16 2,095,843 113 3 2,514,333 39
Sold 2024 to 5/31 40 842,763 126 96 1,435,932 94 8 1,869,500 174
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 32 1,516,906 176 18 7,300,833 219 2 13,750,000 204
Under contract 3 1,823,333 242 2 3,122,500 130 0 N/A N/A
Sold 2024 to 5/31 8 1,828,125 117 4 5,368,125 132 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 May 24-31

Sanibel

CONDOS

1 new listing: Sanibel Arms West #I7 2/2 $815K.

No price changes or new sales.

2 closed sales: Sanibel Siesta #605 2/2 $820K, Sanibel Moorings #721 3/2 $1.125M.

HOMES

1 new listing: 5438 Shearwater Dr (1/2 duplex) 3/3.5 $1.795M.

10 price changes: 3898 West Gulf Dr 3/2 now $875K, 1813 Long Point Ln 4/2.5 now $940K, 1426 Sanderling Cir 3/2 now $995K, 1125 Captains Walk St 3/3 now $1.025M, 3180 Twin Lakes Ln 3/3 now $1.095M, 3822 Coquina Dr 4/3.5 now $1.195M, 5422 Shearwater Dr (1/2 duplex) 3/2.5 now $1,387,007; 4340 West Gulf Dr 5/3.5 now $1.85M, 1828 Buckthorn Ln 4/4.5 now $1.925M, 2255 Troon Ct 4/5.5.5 now $2.65M.

1 new sale: 5414 Osprey Ct 3/2 listed at $1.387M

5 closed sales: 1113 Sand Castle Rd 3/2 $700K, 753 Nerita St 3/2.5 $990K, 9470 Balsa Ct 3/2 $995K, 930 Strangler Fig Ln 5/3.5 $1.3M, 6424 Pine Ave 2/2 $1.35M.

LOTS

No new listings.

1 price reduction; 4801 Tradewinds Dr now $1.8M.

1 new sale: 1801 Olde Middle Gulf Dr (former site of Clam Shell condos) listed at $6.999M.

1 closed sale: 6217 Starling Way $1.5M.

Captiva

CONDOS, 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

Another Sun Shiney Sanibel Weekend Expected

Summer sunshine already is here on Sanibel. My car last weekend reported temperatures as high as 104 degrees F. Yikes! That is as hot as it rarely gets in late summer. Sure hope that is not an omen for what is to come.

Short of the brief shower last week, there has been no rain with the next week also expected to be filled with more sunshine. Daytime temps forecast to hit 90. There should be wonderful weather for those in SW FL over the holiday.

Water Update

It never gets old, driving across the causeway or going to the beach and seeing the crystal clear bright blue water. Thinking toward the weekend, the Conservation Foundation (SCCF) had an interesting “good news, bad news” social media post this week. It says:

“The bad news? Around 50% of Lake Okeechobee (open water) is covered in blue-green algae.

“The good news? Because of your advocacy, Southwest Florida is at lowered risk for algae-filled water releases from Lake O. Since releases began in February, the lake has been lowered from 16.33 feet to 13.42 feet, all before the rainy season.

““Thanks to effective stakeholder collaboration and science-based management decisions, the lake is well under 15 feet, meaning there’s less need to send water to the northern estuaries — the Caloosahatchee and St. Lucie,” said SCCF Environmental Policy Director Matt DePaolis.

“In addition, an improved management plan for the lake known as the Lake Okeechobee System Operating Manual (LOSOM) is finally expected to be adopted this summer — after five years of development and delays. LOSOM will maximize the number of days the Caloosahatchee and St. Lucie watersheds receive optimal flows from Lake Okeechobee, as well as increase the volume of water conveyed south to the Everglades and Florida Bay.

“Stay informed by signing up for our Weekly Water Conditions Tracker: https://sccf.org/…/wat…/weekly-water-conditions-tracker/

SCCF Turtle Patrol posted today that 126 loggerhead and 1 leatherback nests have already been identified on the islands. Don’t forget “lights out after 9.”

 

More Re-Openings & Post-Ian Progress

Every time I drive around the island, I see more progress. We still complain that “it’s taking a long time”, but it really is getting better. On my street where it usually is quiet this time of the year, a new home is going up on one side of me. On the other side, the recently-sold large elevated home had its metal roof and solar panels removed. Those made loud random crashes when they hit the ground. I couldn’t watch the large crew scurrying around so high up and in such sweltering temps.

Like in most neighborhoods, several damaged homes on my street remain under construction, while new ones are springing up where properties that could not be repaired were removed. All progress, just the same.

Our Sanibel Square office still has not been completed, so again this week, I met with clients in my living room. That sure makes working easy! Makes me understand how those that worked from home during the pandemic liked it.

Bailey’s Shopping Center – Last week Sanibel Planning Commission approved the master plan for the new Bailey’s Center. They still have some administrative hurdles before construction begins, but in the meantime, they say they hope to open an interim small store on Rabbit Road this year.

Pointe Santo – I fielded more questions this week about progress at Pointe Santo. Here is what I have found out. Driving by, it looks like the exterior painting is done, while the roof work continues. The old tennis courts were removed and construction of the new ones is underway. Fencing and nets were just installed. Landscaping and pool repairs have not yet begun, but units on 2nd through 4th floors have been turned over to owners for repairs/completion by their own contractors . Most 1st floor units have been framed in. Drywall is next. The new clubhouse is expected to be completed in 2025. No word yet on when the community is safe enough for occupancy.

Sanibel Ball Field – Next to the Sanibel School, reopened yesterday afternoon with a ribbon cutting following by community games and refreshments. The Rec Center posted a reminder that the ball fields and pavilion are open for public use outside of school hours (evenings, weekends, holidays, summer breaks). They also said to keep an eye out for their upcoming announcement on adult pick-up softball.

Best Hiking Trails in America

This week “USA Today” announced its 2024 “10 Best Readers’ Choice Awards”. The Indigo Trail at the J.N. “Ding” Darling National Wildlife Refuge was named one of the Best Hiking Trails in America. No other Florida locations are in that top ten, but it joins the list with Yellowstone National Park, Great Smoky Mountains National Park, and Bryce Canyon National Park. It is not just seashells that make Sanibel special. This is quite an honor!

Sanibel & Captiva Islands Real Estate News

There was no local Caravan meeting this week, but we look forward to our monthly membership meeting next Thursday, following the start on Wednesday of the annual classes for Realtors® looking to earn the Sanibel & Captiva Islands Specialist designation. I have my class updated (The Resort & Second Home Market) and look forward to kicking off the 12-module series. Also have my funny resort-wear props ready. After introductions, I always begin with a pop quiz. Helps me learn how much the group knows about this market, so I can tailor the presentation accordingly. Correct answerers earn a prop which they wear for a group photo when the class wraps up. This is my 12th year teaching this class, so these photos are expected and fun remembrances.

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

It again was a quiet week for new sales. On Sanibel, two condos, a home, and a lot went under contract, while Captiva had one home sold.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 95 1,079,655 157 146 2,182,994 129 37 954,078 217
Under contract 8 1,181,625 138 20 1,892,325 104 3 731,333 94
Sold 2024 to 5/24 38 835,934 129 91 1,456.203 95 7 1,922,285 168
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 32 1,516,906 169 18 7,300,833 212 2 13,750,000 197
Under contract 3 1,823,333 242 2 3,122,500 130 0 N/A N/A
Sold 2024 to 5/24 8 1,828,125 117 4 5,368,125 132 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 May 17-24

Sanibel

CONDOS

1 new listing: Sanibel Moorings #632 2/2 $779K.

4 price changes: Tennisplace #B32 2/1.5 now $449K, Sundial #H303 2/2 now $792.5K, Sanibel Moorings #1342 2/2 now $919K, Tigua Cay #487 3/3.5 now $1.95M.

2 new sales: Sunset South #12C 2/2 listed at $600K, Sunset South #3C 2/2 listed at $699K.

No closed sales:

HOMES

3 new listings: 9225 Belding Dr 3/2 $695K, 1454 Sandpiper Cir 4/3 (1/2 duplex) $699,999; 1242 Par View Dr 3/2 $1.195M.

3 price changes:  2105 Sunset Cir 3/2 now $995K, 218 Daniel Dr 3/2.5 now $1.45M, 819 Birdie View Pt 3/2.5 now $1.795M.

1 back-on-market: 2604 Coconut Dr 3/2 $1.25M.

1 new sale: 1318 Seaspray Ln 5/3.5 listed at $2.495M.

5 closed sales: 2005 Mitzi Ln 2/2 $760K, 396 Lake Murex Blvd 3/2 $1M, 1306 Par View Dr 3/3.5 $1.3M, 9020 Mockingbird Dr 3/2 $1.495M, 900 Almas Ct 4/4.5 $2.025M.

LOTS

No new listings or price changes.

1 new sale: Bowmans Beach #25 listed at $175K.

No closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #5321 3/3 $1.625M.

1 price change: Gulf Beach Villas #2126 2/2 now $1.195M.

1 back-on-market: Beach Homes #25 3/2 listed at $2.8495M.

No new or closed sales.

HOMES

1 new listing: 15891 Captiva Dr 5/4.5 $6.9M.

1 price change: 14865 Mango Ct 2/2 now $1.689M.

1 new sale: 11516 Wightman Ln 5/4.5 listed at $3.395M.

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 or participated in these transactions.

Enjoy your Memorial Day weekend, Susan Andrews, aka SanibelSusan

It’s A Royal Poinciana Kinda Friday

Another Friday is here. Roadway traffic continues to be light much of the time. Plus I have even seen plenty of parking available at City beach parking lots this week, while the Conservation Foundation Turtle Patrol already is reporting record numbers of turtle nests, many laid last weekend.

The rainy season may have begun yesterday with a quick but severe shower just after noon. It came down so fast during a 30+minute period, that roadways were briefly flooded. That disappeared quickly once the storm passed. On my way home both yesterday and today, I noticed some brilliant royal poinciana trees, looking to be at their peak. A couple of favorites are in front of Captains Walk and Sanibel Arms.

 

In the island real estate world, sales activity remains slow. On Sanibel, there were no new condo sales this week, but six homes and a lot went under contract. On Captiva, both a condo and a home were sold. More details on that action is below after a couple of news items.

Sanibel Resolutions Adopted

At their meeting last week, Sanibel City Council adopted two resolutions. The first appropriated funding for dredging of the Shell Harbor entrance canal. The second approved a grant agreement  between the City and the Florida Department of Transportation in the amount of $1M to repair and repave sections of the shared use path system.

City of Sanibel 2024 Hurricane Seminar

The City’s annual hurricane seminar will be next Friday, May 24, from 1 to 3 p.m. at BIG ARTS. Featured speakers include Erika Broyles, FISH Senior Services Director; Chief Kevin Barbot, Sanibel Fire Rescue District; Chief Bill Dalton, Sanibel Police Department; Manuela Martinez, FISH Disaster Administrative Director; Craig Mole, Sanibel Building Director; and Chief Bill Schultz, Lee County Emergency Management.

It will be live streamed on the City of Sanibel Facebook page and will be viewable on the City’s website after the event.

Check Your On-Line Property File

Recently, several times when researching property for a prospective seller, open permits were discovered. This can be an oversight by a contractor, but it is wise for owners to check the status of any property permits beginning when work starts, up until final payment is made.

Depending on the scope of work, multiple inspections may be required with the final one leading to a Certificate of Completion which usually is when a contractor is paid in full.

The City website. MySanibel.com has excellent info on when permits are required and how the process works.

If an owner is preparing to sell, they may not know that an open permit may be a snag in that process. Florida is a full disclosure state, so a seller is to disclose any incomplete permits or work that required a permit that was done without benefit of one. These details can be provided to their Realtor by way of a Seller Real Property Disclosure.

The Florida “As Is” Residential Contract for Sale and Purchase, specifies that a Seller will assist and cooperate in close-out of building permits.

On MySanibel.com, anyone can view permit information and history on any property merely by entering the address.  When an individual permit is found, many attachments and details are available, including the scope of work, its cost, inspections required, permit status, and more.

Sanibel & Captiva Islands Real Estate News

Following the local caravan meeting yesterday, four newly listed Sanibel homes and two condos were open for viewing. Meeting attendance was light but should pick up for the 30th at the Monthly Membership Meeting and Caravan when the Director of Island Water Association will be the guest speaker.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the island residential sales statistics, then some info on commercial property for sale, followed by scoop about our listings, plus all the Sanibel/Captiva MLS action reported this week.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

95

1,077,986

154

148

2,192,758

124

39

935,151

210

Under contract

6

1,359,000

136

25

1,745,000

88

2

1,009,500

101

Sold 2024 to 5/17

38

835,934

129

86

1,464,354

94

7

1,922,285

168

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

30

1,470,716

169

18

7,109,500

217

2

13,750,000

190

Under contract

4

2,079,875

208

1

2,850,000

57

0

N/A

N/A

Sold 2024 to 5/17

8

1,828,125

117

4

5,368,125

132

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

Commercial Activity

Many have asked about all the For Sale signs at commercial establishments along Periwinkle. Some of those are with off-island brokers. They don’t always know Sanibel’s strict signage rules, which has resulted in some oversized signs, until the City catches them.

In the Sanibel-Captiva MLS today, there are seven commercial properties for sale on Sanibel, none on Captiva. The lowest priced is the condo we have listed at Key Lime Center for $399K. Also available are:

  • 1025 Periwinkle Way which also is a condo and was the Noris Furniture building for $1.3M.
  • 1067 Bailey Road which is the former gas and service station facing Periwinkle for $2.85M.
  • 1245 Periwinkle, site of Anchor Inn for $3.5M.
  • 1446 & 1444 Periwinkle, Island Trading Post, including store building, home behind, & storage building with apartment, for $4.89M.
  •  4819 Tradewinds Dr package including a 6-unit gulf-front hotel, two duplexes, and a home for $6.7M.
  •  6520 Pine Ave formerly Lazy Flamingo Plaza for $8.5M.

No commercial island properties are under contract in the San-Cap MLS, but there have been two closed sales posted this year:

  • 1149 Periwinkle #3, commercial condo with 6 office spaces for $625K.
  • 711 Donax St, Driftwood Inn, for $2.459M.

Sanibel & Captiva Islands Multiple Listing Service Activity May 10-17

 
Sanibel

CONDOS

1 new listing: Kings Crown #215 2/2 $1.35M.

2 price changes: St Croix #4 2/2 now $1.575M, Somerset #E101 3/2.4 now $1.749M.

No new sales.

2 closed sales: Tennisplace #C34 2/1.5 $480K, Mariner Pointe #842 2/2 $650K.

HOMES

No new listings

2 price changes:  1125 Captains Walk St 3/2 now $1.065M, 5435 Osprey Ct 4/3.5 now $2.699M

6 new sales: 560 Piedmont Rd 3/2 listed at $639K, 1113 Sand Castle Rd 3/2 listed at $749K, 6090 Dinkins Lake Rd 3/2.5 listed at $1.295M, 1720 Dixie Beach Blvd 3/3 listed at $1.549M,  5048 Joewood Dr 4/3.5 listed at $2.55M, 4257 West Gulf Dr 4/4.5 listed at $12M.

5 closed sales: 1139 Seagrape Ln 3/2 $850K, 6141 Henderson Rd 3/3 $929K, 1376 Sand Castle Rd 3/2 $970K, 4179 Dingman Dr 4/4 $1.825M, 417 Bella Vista Way E 4/4 $2M.

LOTS

No new listings.

2 price changes: Bowman Beach Rd 25 now $145K, 967 Fitzhugh St now $265K.

1 new sale:1757 Windward Way listed at $389K.

No closed sales:

Captiva

CONDOS

3 new listings: Beach Villas #2323 $795K, Beach Villas #2322 1/1 $699K, Lands End Village #1655 2/2 $1.45M.

No price changes.

1 new sale: Beach Homes #25 3/2 listed at $2.8495M.

No closed sales.

HOMES

1 new listing: 37 Sea Hibiscus Ct 3/4 $1.899M.

No price changes.

1 new sale: 11516 Andy Rosse L 6/6 listed at $2.85M.

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 or participated in these transactions.

Enjoy your weekend, Susan Andrews, aka SanibelSusan

Sunny Mothers’ Day Expected on Sanibel & Captiva Islands

Though the first week of May is now over, the Florida rainy season has yet to begin. That is great news as far as water quality is concerned. SCCF (Sanibel-Captiva Conservation Foundation) posted mid-week: “For the first time in almost a year, Lake Okeechobee is officially under 14 feet, and average flows to the Caloosahatchee Estuary have remained in the optimum flow envelope for 21 days. This means we’ve been able to receive water from the lake without compromising the health of our ecosystem.’

That equates to the water continuing to be clear and a brilliant blue/green – like a Caribbean post card. Here are a couple of pix from my recent travels.

Overlooking San Carlos Bay at the end of Dixie Beach Blvd. 05-09-2024

Lighthouse Beach bayside 05-10-2024

More Sanibel Openings

Hurricane House – at 2939 West Gulf Dr held their soft opening in early April and this week celebrated with a ribbon cutting. Managed by Hilton Grand Vacations, the 14-unit 2-bedroom timeshare property was stripped-down to studs, and received new roofs, windows, and doors. A new pool deck and landscaping are yet to be completed, but in the meantime returning owners and guests may enjoy pool, tennis, and golf privileges at The Dunes. Hilton Grand Vacations also manages four other Sanibel timeshare resorts, plus rentals and resales. In January, they had the reopening of their Sanibel office at 2460 Palm Ridge Rd.

Sundial Beach Resort & Spa – posted this week that all unit types will be available for rent before the end of the year. Sundial East (two bedroom plus den & three bedrooms) may be reserved for stays beginning August 3, while Sundial West (studio, one & two bedrooms) may be reserved beginning December 1.

National Association of Realtors® News

This week, local and state Realtor® association leaders were in Washington DC for the 2024 NAR (National Association of Realtors Legislative Meetings. Sanibel & Captiva Association CEO Bill Robinson, 2024 President Brendan Albright, and President-Elect Becky Mulka were there representing the islands. They attended a variety of meetings and events, focusing on advancing the real estate market through public policy, including a meeting with Congressman Byron Donalds who has been our Florida District 19 U.S. Representative since 2021.

At the NAR Board of Directors Meeting yesterday, Florida Realtor® Christine Hansen, broker and owner of Century 21 Hansen in Fort Lauderdale was elected NAR 2025 First Vice President which means she will continue her role at the national level. Christine was 2018 President of Florida Realtors® and has been a NAR Director since 2006. She became a friend decades ago when she gave me some pointers at one of my first Florida Realtors® committee meetings. It’s true that you never forget how someone makes you feel. Christine is a true people person and champion for our business. (This is a photo I took of her about ten years ago when she came to Naples to help our District pack thousands of Meals of Hope.) The election today puts her on the ladder to be run for NAR President-Elect in 2026.

It’s Impossible for Home Sales to Remain Low

Though sales are currently at a 30-year low, long-term population growth ensures more homebuying activity soon, said NAR Chief Economist Lawrence Yun on Tuesday at the Residential Economic Issues & Trends Forum during the DC meetings. Given that growth, there is no way home sales can remain historically low for much longer, he said. He pointed out that there are 70 million more Americans today than in 1995. Housing needs are only increasing and that won’t change because of complicated economic factors,” he said.

Though home sales are low as buyers face higher borrowing costs and stubbornly low inventory, housing options on the market are beginning to increase. To get markets moving, he said NAR has been advocating for a variety of Congressional measures, such as giving mom-and-pop investors an incentive to sell to first-time buyers and increasing the capital gains exemption on the sale of a primary residence.

While the Federal Reserve has delayed rate cuts that were expected to start this spring, Yun said he anticipates as many as six to eight rate cuts by the end of 2025, possibility beginning in September. “If the Fed were to normalize its policy, then maybe mortgage rates could move lower. So, not only are we potentially getting more inventory, but we’ll also get more buyers as rates come down,” he added. “Over the next 10 years, eight of those years will likely see increases (in home sales).”

In addition, consumers may be adjusting to the feeling of “permanently high inflation” and looking for safe financial bets, Yun said. That will drive more homebuying decisions as consumers recognize real estate as an appreciating asset that has historically provided a good hedge against inflation.

Florida Realtors®

Registration is open for the Florida Realtors® annual August convention and business meetings in Orlando. I was notified yesterday that as a member of the state 2024 Professional Development Committee, I will soon be asked to interview an applicant wanting to audition to be a Florida Realtors® Instructor. This interview is one of the first steps in the process for prospective new faculty members. They must clinch an interview before completing an application to audition in person before an Audition Panel during the August meetings. I always enjoy doing these interviews, and later being on panels. Through the years, I have watched some applicants become terrific instructors. Volunteering like this is always a positive experience, plus an old dog learns some new tricks.

Sanibel & Captiva Islands Real Estate News

With our officers in DC this week, there was no local caravan meeting yesterday, but there will be one next Thursday, May 16, followed by the May Monthly Membership Meeting and Caravan on the 30th.

The annual SCIS (Sanibel & Captiva Islands Specialist) designation classes begin May 29. I will kick off the program, teaching the first class that day.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the island residential sales statistics, followed by all the Sanibel/Captiva MLS action reported this week.

The Sanibel-Captiva “Real Estate Guide” hit island mailboxes this week. Our ad is below:

Again, there were not a lot of new sales this week. On Sanibel, one condo and seven homes went under contract. On Captiva, a single condo. The most popular listing activity continues to be price reductions, there were 13.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 97 1,070,192 149 154 2,235,676 118 40 919,772 205
Under contract 8 1,166,500 113 23 1,344,126 87 1 1,650,000 187
Sold 2024 to 5/10 36 850,986 133 81 1,473,586 93 7 1,922,285 168
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 1,572,392 178 18 7,162,333 213 2 13,750,000 183
Under contract 3 1,823,333 242 0 N/A N/A 0 N/A N/A
Sold 2024 to 5/10 8 1,828,125 117 4 5,368,125 132 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 May 3-10

Sanibel

CONDOS

2 new listings: Sundial #C207 1/1 $599K, Sanibel Moorings #822 2/2 $799K.

1 price change: Sand Point #122 2/2 now $825K.

1 new sale: Somerset #B101 3/3.5 listed at $1.895M.

3 closed sales: Blind Pass #C201 2/2 $580K, Oceans Reach #4B4 1/1 $600K, Sundial #A408 2/2 $985K.

HOMES

3 new listings: 1016 Fish Crow Rd 3/2 $689K, 5089 San-Cap Rd 3/2 $1.125M, 1270 Par View Dr 3/2 $1.375M.

10 price changes: 9126 Mockingbird Dr 3/2 now $849,999; 1133 Schooner Pl 5/2 now $1.1M, 9421 Moonlight Dr 3/2 now $1.1299M, 1101 S Yachtsman Dr 5/2.5 now $1.15M, 4221 Old Banyan Way 3/2 now $1.349M, 3205 Twin Lakes Ln 3/2 now $1.35M, 1293 Par View Dr 3/3 now $1.495M, 1199 Par View Dr 3/2.5 now $2.189M, 851 Angel Wing Dr 5/4 now $2.299M, 4099 West Gulf Dr 5/5 now $4.95M.

7 new sales: 9428 Moonlight Dr 3/2 listed at $849K, 3990 Coquina Dr 3/2 listed at $950K, 9470 Balsa Ct 3/2 listed at $1,05M, 753 Nerita St 3/2.5 listed at $1.05M, 2604 Coconut Dr 3/2 listed at $1.25M, 6424 Pine Tree Ave 2/2 listed at $1.45M, 417 Bella Vista Way E 4/4 listed at $2.4999M.

3 closed sales: 530 Piedmont Rd 3/2 $670K, 440 East Gulf Dr 3/2 $987.5K, 4428 Waters Edge Ln 3/2.5 $1.675M.

LOTS

2 new listings: 1340 Eagle Run Dr $595K, 1801 Olde Middle Gulf Dr $6.999M.

1 price change: 2807 West Gulf Dr now $849K.

No new sales.

1 closed sale: 972 Fitzhugh St $281K.

Captiva

CONDOS

No new listings.

1 price change: Beach Homes #25 3/2 now $2.8495M.

1 new sale: Beach Villas #2321 2/2 listed at $925K.

No 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.

Happy Mothers’ Day weekend & enjoy this pix from my favorite tree at Sanibel Moorings which blooms this time of the year.

Susan Andrews, aka SanibelSusan

Hooray! No More Sanibel Sunsets Before 8 p.m. Until August!

It’s another sunny Sanibel Friday following another week of that same wonderful weather. Rainy season is just around the corner and sea turtle nesting season has begun, so we know summer is not far behind. I was reminded of that when I saw this message on social media yesterday: “Today is the last SW FL sunset before 8 p.m. until August.”

Sanibel Lighthouse Update

The protective cloak around the lighthouse is now down, A good sign that beach re-nourishment work wrapped up there, just in time for nesting season. The project finished up midweek and both gulf and bayside parking lots are now open.

There were plenty of empty parking spots this afternoon when I snapped these few East-end blog photos. It’s always special to see gulf waters a brilliant teal which they often are this time of the year, or until summer showers begin, the sand gets stirred up, and more water is released from Lake O.

Dave took this one this morning when out boating.

Vacation Accommodations

Many island vacationers, anxious to return, are asking which gulf-front condos are ready for rent. Unfortunately, the answer is “not many.” Since we drive the gulf drives often, it has been surprising to see how long it is taking most to be restored.

Several communities have units ready for owner occupancy, but amenities are not yet completely repaired or landscaping not replaced. Others are still in permitting or working through insurance and financial issues. Some are close and now getting their beach access boardwalks installed.

Several are rental-ready for those wanting to come and support the island during recovery. The Chamber of Commerce continues to update their website with news on the nightly accommodations available, while local rental organizations add units to their website inventories as they are ready. A couple of complexes with on-site rental offices (Sanibel Moorings & Sanibel Siesta) are open.

If I was looking for accommodations of a certain type and for a certain timeframe, I would search the internet often. Just also be aware of what is happening at neighboring complexes as some could be under construction.

One of the furthest along in restoration is Loggerhead Cay which recently has posted several units for rent. Their most recent restoration are the new tennis/pickleball courts.

Most condo complexes remain fenced off with no entry signs posted. Some have yet to begin teardown or restoration, but many are progressing with some of those not expected to be ready until next year. The good news is many will be brand-new.

Island businesses are so ready for more visitors. It has been positive to see many cars at the newly-opened restaurants. There again are plenty of Sanibel breakfast choices: Over Easy Café. Lighthouse Café, Jerry’s Café, Sanibel Café, Rosalita’s (just Sunday brunch 10 a.m.- 3 p.m.), and Wickies Lighthouse Restaurant.

The beaches are beautiful, and shopkeepers have the red carpet out. All and all, more businesses are open and more inventory is available for those wanting to buy a piece of paradise. Traffic also is light, so it’s a great time to come for a visit.

Real Estate News

At the islands Association of Realtors®, it was great on Tuesday to finally attend another in-person meeting of the Professional Standards Committee. Our 2024 education calendar is filling up.

Yesterday was a Caravan meeting but just two homes were open for viewing, one on Captiva and one on Sanibel. The next Caravan meeting is May 16, followed by membership meeting and Caravan on May 30.

Next week our top leaders will be in Washington DC for the National Association of Realtors® (NAR) 2024 Legislative Meetings. This is when they meet with Capitol Hill representatives and actively advance the real estate market through public policy. Realtors® continually work with policymakers and regulators to advocate for a pro-consumer real estate industry that is essential to advancing national and local economies.

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

It was another quiet real estate week, no sales on Captiva. On Sanibel, one condo and three homes went under contract. Again, the popular listing activity is price adjustments.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

100

1,079,645

147

161

2,239,125

115

40

749,372

207

Under contract

10

972,000

137

19

1,334,994

84

2

972,500

244

Sold 2024 to 5/3

33

862,743

127

78

1,487,538

94

6

2,195,833

146

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

29

1,551,793

168

19

6,864,263

209

2

13,750,000

176

Under contract

2

2,272,500

318

0

N/A

N/A

0

N/A

N/A

Sold 2024 to 5/3

8

1,828,125

117

4

5,368,125

132

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 April 26­‑May 3

Sanibel

CONDOS

2 new listings: 502 Sandpiper Beach 2/2 $880K, Sundial #D401 2/2 $1.175M.

2 price changes: Mariner Pointe #1023 2/2 now $569K, Heron at The Sanctuary II #1-2A 3/2.5 now $899K.

1 new sale: Tennisplace #C34 2/1.5 listed at $499K.

5 closed sales: Oceans Reach #3D1 2/2 $839K, Loggerhead Cay #324 2/2 $870K, Sundial #N203 2/2 $887.5K, Nutmeg Village #206 2/2 $1.3125M, Pointe Santo #A27 3/2 $1.535M.

HOMES

2 new listings: 251 Southwinds Dr 4/3 $1.22M, 2604 Coconut Dr 3/2 $1.25M.

8 price changes: 1196 Sand Castle Rd 2/2 now $775K, 199 Southwinds Dr 3/3 now $799K, 1586 Century Ct 3/2.5 now $937K, 248 Christofer Ct 2/2.5 now $1.094M, 3343 St Kilda Rd 3/2 now $1.115M, 1720 Dixie Beach Blvd 3/3 now $1.549M, 922 S Yachtsman Dr 3/3 now $1.95M, 1025 S Yachtsman Dr 4/3 now $2.825M.

1 back-on-market: 235 Daniel Dr 3/3 $1.495M.

3 new sales: 3025 Poinciana Cir 3/2 listed at $849K, 5827 Pine Tree Dr 3/2 listed at $1.15M, 228 Violet Dr 3/2.5.5 listed at $2.5M.

6 closed sales: 2166 Egret Cir 3/2 $775K, 1501 Lagoon Dr 2/2 $1.15M, 1321 Sand Castle Rd 3/2.5 $1.255M, 1396 Sand Castle Rd 3/2 $1.3M, 696 Durion Ct 3/2.5 $1.335M, 1662 Dixie Beach Blvd 3/2.5 $2.249M.

LOTS

No new listings.

2 price changes: 1757 Windward Way now $369K, 5398 Osprey Ct now $400K.

No new or closed sales,

Captiva

CONDOS

No new listings.

1 price change: Lands End #1656 3/3 now $2.6M.

No new sales.

2 closed sales: Bayside Villas #4220 1/2 $600K, Beach Homes #16 4/4 $5.25M.

HOMES

No new listings.

1 price change: 11550 Paige Ct 5/5.5.5 now $6.8M.

No new or 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 or participated in these transactions.

Enjoy your weekend, Susan Andrews, aka SanibelSusan