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)

Another Sunny Sanibel Friday

I hope you are not tired of hearing that it’s another sunny Friday in SW Florida, as progress continues toward recovery. Lee County Schools were out this week for spring break, and it was fun to hear that a group of Sanibel School students and parent chaperones are exploring Japan during their time off.

Sanibel City Council met on Tuesday with their agenda including a Post-Ian Update, while the Sanibel & Captiva Islands Association of Realtors held their March Membership Breakfast Meeting yesterday. More info on both of those below.

On the home front, my house restoration continues. I move into my last temporary apartment next Sat, April 1. Fingers crossed that it has better internet service than my present spot which has been in technology hell this week. Hence today’s delay. Thank goodness when computer and printers aren’t working, there are iPhones and iPads.

I made a surprise late day trip to the island today to show a home. When stopping at the Post Office for mail, I couldn’t help but notice that our office in Sanibel Square still hasn’t started restoration, but I did sadly see the demolition of the two neighboring commercial cottages there that ole Ian rocked off their foundations. Formerly rented by Sanibel Beauty Salon and Ding Darling Nature Store, those buildings now are demoed. (I guess this is progress.)

Sanibel & Captiva Real Estate

The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service is after that news and an inventory summary below. As inventory continues to grow, more prices are adjusted. There certainly are plenty more choices for buyers who were sitting on the fence last year.

Another Sanibel commercial property was posted in MLS this week – Lazy Flamingo Plaza at 6520 Pine Ave (site of the former Santiva General Store, Sunset Grill, the original Lazy Flamingo, and their corporate office and apartments), approximately 1.8 acres, asking $15M.

Sanibel Update

At the Tuesday, March 21, City Council Meeting, reelected members Richard Johnson and Holly Smith were sworn in, followed by Council selection of new Mayor and Vice Mayor, which are Rickard Johnson and Mike Miller, respectively. This group works so well together and has accomplished so much especially over the last six months. We owe them all a big thank you, particularly former Mayor Holly Smith.

In the Post-Ian Progress report led by City Manager Souza, he reminded that Building and Planning Departments continue to operate out of 6200 Whiskey Creek (phone numbers on City website still apply).

Debris Cleanup – Continues by Crowder Gulf. Residents/businesses are reminded that the cut-off date for putting debris in the right-away for pickup was March 1. As Crowder Gulf finishes a street, a state monitor films the area confirming that the last pickup was made. Their last pickup is March 29, though waterway cleanup work will continue beyond then. Residents and businesses that still need assistance with debris removal still may contact IanDebrisCleanup.com, but their cut-off date to apply is March 29. Including removals by Crowder Gulf, over 2 million cubic yards have been removed on Sanibel.

Florida State of Emergency – Governor DeSantis extended another 60 days, to May 20.

Beach Access & Parking Permits – Work continues toward getting the remaining beach accesses open. Though the boat ramp is open, their beach access is not available to the public yet. Reminder that to launch a boat Mon-Fri without a permit costs $40. On weekends and holidays, a permit is needed. The following beach accesses are NOT yet open: Lighthouse Beach (which still requires significant work), Turner Beach (which is County owned, City managed) (City Manager meeting with County March 24 to determine steps forward), and Beach Accesses 3, 4, & 7. Beach parking permit sales are up and include: A resident beach ($14) 1,867; AC resident beach & boat ramp ($113) 123; B non-resident beach ($300) 150; and BC non-resident beach & boat ramp ($399) 20.

Causeway – Traffic counter problems, but though March 10 consistently seeing about 5K vehicles a day coming on island.

Finance – City Finance Director Steve Chaipel provided an update. Tax revenue is on track at 92%. Income, grants, and work in progress with more info to be provided at next meeting. Reminder that property owners have until April 3 to apply to the Property Appraiser (www.LeePa.org) for tax relief/refund. Approval or denial will be made by June 1.

Building Dept Permits – Many more permits processed, “surge is coming”. As of March 20, 3,329 permits have been approved (compared to just 2,900 in early March. Permit process taking about five days, resubmission reviews about three days. Permits to-date include: 128 demolition, 480 electrical, 537 mechanical, 1,138 roof, 105 windows/doors.

Events & Re-Openings

Sanibel Home Mail Delivery begins Monday March 27 provided there is a mailbox. When I picked up my mail this afternoon, they advised that though the Temporary Post Office will be open tomorrow (Sat), they encourage residents with boxes to just wait for their deliver at home on Monday as they have lots of things to get done to make those deliveries occur. (Big thanks to former Mayor Holly Smith for honchoing this task to completion.)

Sanibel Historical Village Reopening Celebration Tues March 28, from 3 to 5 p.m. Event is free, but please RSVP to info@sanibelmuseum.org.

“We’re Still Standing” celebrating the 96th Anniversary of The Community House, Wed, March 29, 4 to 7 p.m. with music by The Marty Stokes Band, tickets available on-line and at 239-472-2155.

Native Plant Walks at City Hall offering ways to replant. Meet in front of main staircase at City Hall at 9 a.m. on Thursdays April 6 & 20, and Saturdays April 1, 15, and 29.

Sanibel & Captiva Islands Assoc of Realtors

At the monthly membership meeting yesterday at Midland Trust building in Fort Myers, we heard from a panel of bankers about the status of lending on damaged property. Those speakers were Dan Krispinsky with Lake Michigan Credit Union, Dan Royal with American Momentum Bank, and David Wright with Sanibel-Captiva Community Bank. Like with island life, there are many lending changes, including community and insurance hurdles, but the good news is that these lenders continue to provide mortgages on the island. Most have the easiest offerings through their in-house products, though it may take longer than the typical 30 days to secure financing

I got good feedback during the Caravan part of the meeting from announcing our Captains Walk listing that went under contract last weekend and a price adjustment plus news about Gulfside Place. A short 3-property tour followed the meeting with just one property open on the island.

SANIBEL CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 74 1,132,848 56 130 1,614,611 59 22 1,311,090 71
Under contract 14 775,564 50 37 1,306,513 34 4 565,000 40
Sold 2023 to 3/24 31 1,008,435 37 87 1,092,882 44 6 1,132,333 111
Sold 2022 123 1,136,199 44 184 1,597,868 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 6 1,946,333 169 8 6,148,506 185 1 15,500,000 363
Under contract 4 1,153,500 79 2 3,197,000 39 0 N/A N/A
Sold 2023 to 3/24 1 675,000 66 5 3,130,000 55 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 March 17‑24

Sanibel

CONDOS

8 new listings: Sundial #I106 1/1 $375K, Tennisplace #A22 2/1 $450K, Sundial #I406 1/1 $495K, Lighthouse Point #319 2/2 $699K, Loggerhead Cay #412 2/2 $749K, Sunset South #12C 2/2 $819K, Pointe Santo #B25 2/2 $949K, Snug Harbor #122 2/2 $1.649M.

6 price changes: Sundial #D312 1/1 now $485K, Sundial #D203 1/1 now $599.9K, Sunset South #3C 2/2 now $799K, Lighthouse Point #232 3/2 now $989K, Gulfside Place #318 2/2 now $1.295M (SanibelSusan listing), Tigua Cay #487 3/3.5 now $2.249M.

Gulfside Place

1 back on market: Seashells #26 2/2 $399.9K.

3 new sales: Captains Walk #A6 1/1 listed at $399K (SanibelSusan listing), Seashells #3 2/2 listed at $474K, Blind Pass #F210 2/2 listed at $575K.

3 closed sales: Seashells #21 2/2 $440K, Beach Road Villas #101 2/2 $562K, Lighthouse Point #217 2/2 $599K.

HOMES

8 new listings: 3301 Twin Lakes Ln 2/2 $659K, 887 Casa Ybel Rd (duplex) 5/3 $795K, 2042 Wild Lime Dr 3/2 $969K, 951 Beach Rd 4/2 $1,149,187; 1015 Sand Castle Rd 3/2 $1.275M, 3205 Twin Lakes Ln 3/2 $1.375M, 1202 Sand Castle Rd 4/2.5 $1.729M, 1365 Jamaica Dr 3/2.5 $1.995M,

15 price changes: 1672 Atlanta Plaza Dr 2/1 now $449K, 1866 Ibis Ln 2/2 now $540K, 922 Main St 3/1 now $589K, 1859 Farm Tr 3/2 now $649.9K, 560 Boulder Dr 3/2 now $799K, 5892 San-Cap Rd 3/3  now $825K, 969 Fish Crow Rd 3/2 now $845K, 1752 Serenity Ln 3/2 now $900K, 1667 Sabal Sands Rd 3/3 now $1.05M, 3311 Twin Lakes Ln 3/3 now $1.183M, 950 Cabbage Palm Ct 3/2 now $1.348M, 251 Christofer Ct 3/2.5 now $1.549M, 913 Kings Crown Dr 4/3 now $1.695M, 896 Limpet Dr 3/32 now $2.35M, 1318 Seaspray Ln 5/3.5 now $3.5M.

4 back on market: 9438 Moonlight Dr 3/2 $724K, 465 Lake Murex Cir 2/2.5 $725K, 1507 Angel Dr 3/2 $1.222M, 1224 Kittiwake Cir 3/2 $1.349M.

8 new sales: 1198 Junonia St 2/2 $647K, 1230 Sand Castle Rd 3/2 $779K, 411 Lake Murex Blvd 3/2 $789K, 676 Cardium St 4/2 $789K, 1145 Sabal St 5/4 $790K, 9484 Peaceful Dr 3/3 $1.337M, 985 Oyster Ct 4/4 listed at $1.695M, 4697 Rue Belle Mer 4/5.5 listed at $3.8M.

6 closed sales: 1585 Bunting Ln 3/2 $650K, 1834 Long Point Ln 3/2.5 $725K, 591 Boulder Dr 4/3 $745K, 1835 Farm Tr 3/2 $822.5K, 253 Daniel Dr 2/2.5 $1.127M, 215 Robinwood Cir 4/3 $1.275M.

LOTS

1 new listing: 5398 Osprey Ct $419K.

1 price change: 5116 Sea Bell Rd now $325K.

No new sales or closed sales.

Captiva

CONDOS

1 new listing: Lands End #1606 3/3 $3.3M.

No price changes.

2 new sales: Bayside Villas #4204 1/2 listed at $650K, Beach Cottages #1411 3/2 listed at $1.55M.

No closed sales.

HOMES

1 new listing: 11505 Gore Ln 6/6 $3.99M.

1 price change: 1 Sunset Captiva 2/2.5 now $3.695M.

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.

Until next Friday, Susan Andrews, aka SanibelSusan

Happy St Patrick’s Day from Sunny Sanibel

It’s another sunny Friday on Sanibel with temperatures not quite into the 80’s. A Happy Saint Patrick’s Day to all.

Really a delightful day to be on the island with the sunroof open and the gulf breezes blowing.

While there today to pick up mail, I did another drive-around to see any progress this week. Removal of downed vegetation continues while on Periwinkle, it was sad to see the demolition/removal of the buildings formerly housing Island Cow and Realty Title. It is progress none-the-less.

Traffic continues to be light, except as contractors are coming early mornings and leaving late afternoons. Driving the Gulf Drives, one sees workers, particularly roofers at many homes. There still isn’t a lot of visual activity at most condo complexes. Many have been fenced for weeks.

At SanibelSusan Realty, we had another nice closing Monday as Dave and I continue to view other properties for owners thinking of selling and buyers contemplating a purchase.

The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service is after the inventory summary below. There was more activity with homes, not so much with condos. A total of just seven new sales on Sanibel this week, compared to 23 new listings – certainly not the usual for March, but a good time for those that were waiting on the sidelines when inventory was low just a few months ago.

Another Sanibel commercial property also came on the market this week – site of Islander Trading Post which includes the building that was the store, plus a home and barn behind (1444 & 1446 Periwinkle Way), asking $5.955M.

Sanibel Update

There is another City Council meeting this coming Tuesday March 21 at 9 a.m. Fifth agenda item is a post-Ian update which I will follow and report on next week.

Below is the beginning of a post that the City issued yesterday. Go to www.MySanibel.com to read the full version. Lots of good info there on rebuilding/restoration.

“As the Sanibel Community recovers and rebuilds following Hurricane Ian, many citizens are anxious to return to the Island and restore their home to its former beauty. In some cases, structures will be demolished, and properties redeveloped. City staff knows Sanibel’s Land Development Code is complex and is necessary to maintain the island sanctuary characteristics that makes Sanibel so unique. The City of Sanibel staff is committed to helping residents and businesses be successful in completing repairs, renovations, and redevelopment.

“The Natural Resources, Public Works, Planning, and Building Departments have compiled important information regarding the Land Development Code to help residents undertaking renovation, restoration, and redevelopment projects. Following the guidance below will help to ensure properties remain compliant with the City’s Vision Statement, Sanibel Plan, and Land Development Code and help the community recover as we all work to restore this Sanctuary Island.

“The City of Sanibel staff will host a community workshop to present information and answer citizen questions on Wednesday, April 26, 2023, at BIG Arts. Please watch for future news releases that will provide more information on this workshop.

 

“Contact us at:

·        Natural Resources Department – sandnr@mysanibel.com or (239) 472-3700, Questions on replanting and beach restoration

·        Public Works Department – sanpw@mysanibel.com or (239) 472-6397, Questions on roads, road rights-of-way, drainage, or sanitary sewer

·        Planning Department – sanplan@mysanibel.com or (239) 472-4136, Questions on outdoor lighting or other development standards

·        Building Department – sanbuild@mysanibel.com or (239) 472-4555, Questions on the “50%” rule or building permit requirements….”

Events & Re-Openings

BIG ARTS Open House – Wednesday was a huge success and much fun. I saw many clients/customers at the BIG ARTS Open House, enjoying the film about the lighthouse, art exhibits, food/drink, and performances by the Community Band and Chorus. Here is the link that photographer Jim Anderson prepared that was played on the screen behind us when we sang the Crosby, Stills, Nash, & Young song “Sanibel”. Even the Mayor said she cried during that one! https://vimeo.com/user25047255/review/800301411/7f227afe23

BIG ARTS Community Chorus singing “Sanibel” 03-15-2023, photo by Robin Roberts.

If you’d like to hear the entire Chorus set, here is the YouTube link: https://www.youtube.com/playlist?list=PLYHKC0_1dYWS8rYM6rxbq_XJ_An9lf7Ow.

April 4 Concert With Sanibel School Choruses – Sanibel Community Chorus is performing jointly with the two Sanibel School choruses during their fundraiser April 4 at 6:30 p.m. at BIG ARTS. I sure hope we can keep up with them. Our singers ages go up to 94.

April 4 Wildlife Driving Opening – April 4, the J.N. Ding Darling Wildlife Refuge will open the gate to Wildlife Drive for the first time since the storm. The “Ding” Darling Visitor & Education Center will also reopen that day.

Sanibel & Captiva Islands Assoc of Realtors

Tuesday, I attended an Association Professional Development Committee meeting. Those continue to be via Zoom since our headquarters building at 2353 Periwinkle Way received structural damage during the hurricane. It may be another three to six months before we are back meeting there, but committee work continues with more classes scheduled for our members and speakers arranged for our monthly breakfast membership meetings. Next one of those is March 23, again at the Midland Trust building in Fort Myers.

SANIBEL CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 68 1,170,793 59 130 1,621,879 52 21 1,353,571 67
Under contract 15 773,793 28 37 1,240,717 42 4 565,000 40
Sold 2023 to 3/17 28 1,059,303 37 80 1,105,203 42 6 1,132,333 111
Sold 2022 123 1,136,199 44 184 1,597,868 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 6 1,504,666 165 7 6,471,150 203 1 15,500,000 356
Under contract 2 1,207,000 147 2 3,197,000 39 0 N/A N/A
Sold 2023 to 3/17 1 675,000 66 5 3,130,000 55 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 March 10‑17

Sanibel

CONDOS

4 new listings: Oceans Reach #4B4 1/1 $749K, Seascape #302 3/3.5 $1.795M, Gulfside Place #208 2/2 $1.487,555; Seascape #305 3/3 $2.195M.

2 price changes: Sundial #C206 1/1 now $549K, Kings Crown #208 2/2 now $870K.

No new sales.

3 closed sales: Sealoft Village #107 2/2 $868K (SanibelSusan listing), Snug Harbor #221 2/2 $1.130M, Heron at The Sanctuary III #2A 3/3.5 $1.148M.

HOMES

15 new listings: 1937 Roseate Ln 2/2 $399,555; 465 Lake Murex Cir 2/2.5 $725K, 411 Lake Murex Blvd 3/2 $789K, 1105 Skiff Pl 3/2 $895K, 719 Nerita St 3/3 $899K,1270 Par View Dr 3/2 $949K, 1448 Albatross Rd 3/2 $959K,  4372 Gulf Pines Dr 2/2 $998K, 4797 Rue Helene 3/2 $1.55M, 3959 West Gulf Dr 3/2.5 $1.599M, 425 Lake Murex Cir 3/2 $1.6M, 657 Birdie View Pt 3/3 $1.639M, 985 Oyster Ct 4/4 $1.695M, 505 Lighthouse Way 4/3.5 $2.475M, 4449 Waters Edge Ln 3/3 $3.499M,

16 price changes: 1835 Ardsley Way 2/2 now $524K, 9225 Belding Dr 3/2 now $595K, 1399 Albatross Rd 3/2 now $734K, 1679 Serenity Ln 3/2 now $749K, 1145 Sabal St 5/4 now $790K, 1284 Par View Dr 2/2 now $799K, 969 Fish Crow Rd 3/2 now $845K, 3025 Poinciana Cir 3/2 now $849K, 9248 Kincaid Ct 3/2 now $899K, 1720 Middle Gulf Dr 3/2 now $950K, 4565 Bowen Bayou Rd 3/2 now $1.174M, 1036 Whisperwood Way 3/3 now $1.299M, 9048 Mockingbird Dr 3/3 now $1.299M, 9484 Peaceful Dr 3/3 now $1.337M, 2294 Wulfert Rd 4/4 now $1.85M, 5271 Indian Ct 4/4 now $2.549M.

3 back on market: 6141 Henderson Rd 4/3 $858K, 1304 Par View Dr 3/3 $900k, 2502 Wulfert Rd 4/4.5 $2.795M.

5 new sales: 1314 Tahiti Dr 3/2 listed at $699K, 1507 Angel Dr 3/2 listed at $1.222M, 9027 Mockingbird Dr 4/3 listed at $1.395M, 864 Limpet Dr 3/2 listed at $1.75M, 5721 San-Cap Rd 3/3.5.5 listed at $1.795M.

14 closed sales: 2623 Tamarind Rd 2/2 $365K, 1475 Sand Castle Rd 3/2 $697K, 1002 Kings Crown Dr 3/2 $775K, 9126 Mockingbird Dr 3/2 $800K, 3941 Coquina Dr 3/2 $850K, 428 Lighthouse Way 3/2.5 $899K, 1206 Par View Dr 3/2 $930K, 4775 Rue Helene 4/3 $962,555; 1442 Sand Castle Rd 3/2 $1.23M, 1034 Fish Crow Rd 3/2 $1.317M, 1208 Bay Dr 3/2 $1.5M, 3191 Twin Lakes Ln 4/2.5 $1.639M, 5395 Shearwater Dr 3/2.5 $2.4M, 3699 West Gulf Dr 6/4.5.5 $4.25M.

LOTS

4 new listings: 9268 Belding Dr $435K, 3730 Coquina Dr $639K, 395 Bella Vista Way E $1.875M, 4657 Rue Belle Mer $4.5M.

No price changes.

2 new sales: 1746 Windward Way listed at $495K, 460 Sawgrass Pl listed at $925K.

No closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

No new listings, price changes or new sales.

1 closed sale: 11510 Chapin Ln 2/2 $1.2M.

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.

Until next Friday, Susan Andrews, aka SanibelSusan

Sustaining Sanibel = Strength & Smiles

SanibelSusan reporting another sunny summer-like Friday. There was lots of activity on the islands this week with more businesses opening, more events happening, more nails in tires (lucky me), and more wonderful weather. Unfortunately, it still is slow going on most of the reconstruction. As debris piles disappear, so do some buildings. The home next door to mine burned during the storm and now has been demolished. Those strong neighbors like so many others intend to rebuild/restore. It just is taking way longer than anxious owners imagined. It looks like I will have one more move before I’m back into my home, but the new HVAC system is “on” so that is progress!
At SanibelSusan Realty

Our office again was cleaned some this week, but reconstruction has not begun. Teammates Dave, Lisa, and I continue our daily routines both on-/and off-island. I showed homes Wednesday to some folks that had to stay in Punta Gorda as nothing closer was available. Dave accompanied a walk-through yesterday, with that closing now delayed until Monday. Big thanks to those sellers and Superior Title for being flexible!

Lisa again has updated our island inventory list which has become a popular document with owners tracking the market. Many have called us trying get an opinion of the value of their property today compared to just before the storm. With condos, particularly, this is not easily determined. Most complexes have had no sales since the storm because they cannot yet be accessed. Sales data is needed to provide a reasonable response to questions about market value. Is a property value reduced by the dollars that it will take to restore it? Of course, but we are not seeing distressed sales.
The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Servic is after the inventory summary below. Homes sales continue to be brisk. Condo sales not so much, mostly because those prospective buyers want answers before they decide to come and look. Answers to questions like: When can the unit be occupied? Rented? What are the 2023 maintenance fees? Is there or will there be a special assessment? What is the damage? What repairs are owner responsibilities?

Sanibel Update

Between phone calls, I listened in Tues during The City post-Ian progress report update during the City Council meeting. A few highlights include:

·        Building & Planning Departments still in temporary location on Whiskey Creek in Ft Myers. They expect to relocate end March/early April into the City (former bank) building on Library Way. The number of permits issued continues to increase. Through March 5, 2,956 permits have been issued including 1,010 for roofs and 601 for emergency repairs from hurricane. Permit applications are being reviewed within 5 days, resubmissions processed in 3-5 days. A new Planner has been hired, to begin March 20. Also a new Code Enforcement Officer starts March 27.

·        More beach accesses and the boat ramp opened this week on March 6: Gulfside City Park and Bowman’s Beach reopened. Still no date for Turner or Lighthouse beach accesses to be open.

·        Traffic counts on the causeway continue to rise. For several days more than 6,000 vehicles came over.

·        Debris pickup now exceeds 2,031,381 cubic yards. Including 1,847,005 by Crowder Gulf and 184,376 from PPDR/CPDR/waterways. Deadline to apply for personal or commercial help through IanDebrisCleanup.com is March 29.

Tuesday also was election day, with four candidates running for two City Council seats. Congratulations to Mayor Holly Smith and Vice Mayor Richard Johnson. Together, they received 79% of the votes.

Events:

·        Last night at BIG ARTS was a 2-hour presentation sponsored by the SanCap Citizens for a Resilient Future, in collaboration with the City, SCCF, concerned citizens and an alliance of community organizations. Go to The City of Sanibel, Florida Facebook page to watch the video. Really good info, showing Sanibel at its finest.

·        Yesterday also was dress rehearsal for the Community Chorus for the BIG ARTS Open House scheduled next week, Wed, March 15. This free event begins at 2:30 p.m. with a movie about the lighthouse. The Community Band performs at 4:15 p.m., followed by Chorus at 5:15 p.m. Leslie Adams in catering. There also will be art exhibits and more. Those attending should be sure and stay for our chorus version of “Sanibel”, previously performed by Crosby Stills & Nash. Real estate photographer, Jim Anderson with JMA Photography, has prepared an island video (pre-storm) that will be played on the big screen when we sing that song. It’s terrific!

Sanibel & Captiva Islands Assoc of Realtors

Yesterday, the Association of Realtors© had their first Caravan since the storm. With our office building still being restored, it was held informally at Sanibel Deli with just five properties open for viewing.

SANIBEL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

65

1,165,867

55

116

1,658,092

53

19

1,179,263

70

Under contract

18

830,716

29

46

1,302,729

40

2

420,000

54

Sold 2023 to 3/10

25

1,060,580

36

66

1,066,996

43

6

1,132,333

111

Sold 2022

123

1,136,199

44

184

1,597,868

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

CAPTIVA

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

6

1,023,166

187

7

6,699,721

205

1

15,500,000

349

Under contract

2

1,207,000

147

1

2,399,000

16

0

N/A

N/A

Sold 2023 to 3/10

1

675,000

66

5

3,130,000

55

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 March 3-10

Sanibel

CONDOS

5 new listings: Seashells #20 2/2 $469K, Loggerhead Cay #592 2/2 $850K, Pointe Santo #B23 2/2 $949K, Pointe Santo #E6 2/2 $1.75M, Seascape #205 3/3 $2.995M.

3 price changes: Sundial #F203 2/2 now $799K, Sanctuary Golf Villages I #2-3 2/2.5 now $995K, Gulfside Place #117 2/2 now $1.375M.

1 back on market: Gulfside Place #213 3/3 $2.6M.

4 new sales: Sanibel Arms #B7 1/1 listed at $399K, Sunset South #10B 2/2 listed at $600K, Sundial #F403 2/2 listed at $795K, Gulfside Place #319 3/2 listed at $1.495M.

1 closed sale: Heron at The Sanctuary I #3-B 3/2.5 $1.015M.

HOMES

7 new listings: 1835 Ardsley Way 2/2 $549K, 922 Main St 3/1 $625K, 9225 Belding Dr 3/2 $650K, 1398 Middle Gulf Dr 4/5.5 $1.395M, 2540 Coconut Dr 4/3.5 $1.649M, 1057 Seahawk Ln 3/2.5 $1.65M, 5379 Shearwater Dr 4/3 $2.395M.

7 price changes: 1866 Ibis Ln 2/2 now $560K, 951 Sand Castle Rd 3/2 now $679K, 750 Sand Dollar Dr 3/2 now $1.197M, 851 Angel Wing Dr 5/4 now $1.595M, 925 Lindgren Blvd 3/1 now $1.595M, 1320 Seaspray Ln 3/4.5 now $3.5M, 4697 Rue Belle Mer 4/5.5 now $3.8M.

2 back on market: 658 Donax St 3/2 $795K, 3311 Twin Lakes Ln 3/3 $1.22M.

7 new sales: 1475 Sand Castle Rd 3/2 listed at $700K, 1526 Bunting Ln 5/3 listed at $750K, 9438 Moonlight Dr 3/2 listed at $734K, 1477 Albatross Rd 4/3 listed at $735K, 4144 West Gulf Dr 2/2 listed at $949K, 1300 Par View Dr 3/2 listed at $1.075M, 3615 West Gulf Dr 4/4.5 listed at $4.25M.

9 closed sales: 3181 Twin Lakes Ln 3/2 $660K, 720 Durion Ct 4/3 $875K, 1447 Albatross Rd 3/2 $900K, 6136 Henderson Rd 3/2 $1.05M, 1120 Olga Ave 3/2 $1.375M, 664 Gopher Walk 4/3.5 $1.415M, 4020 West Gulf Dr 2/2 $1.5M, 2324 Starfish Ln 3/2.5 $1.536M, 4781 Tradewinds Dr 3/2 $2M.

LOTS

1 new listing: 1746 Windward Way $495K.

No price changes or new sales.

1 closed sale: 1119 Seagrape Ln $1.2M.

Captiva

CONDOS

Nothing to report.

HOMES

No new listings, price changes or new sales.

1 closed sale: 11510 Chapin Ln 2/2 $1.2M.

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.

Until next Friday, Susan Andrews, aka SanibelSusan

Already Summer Weather & It’s Only March!

It has been another week of blue skies and sunshine which definitely makes one thankful to be here, rather than amid overcast days with ice/snow. Roadways are busy with more contractor vehicles, as debris removal trucks now are picking up the remainder of what was put curbside by Mar 1 (which was the cut-off date).

Sanibel Update

There was no City progress update this week, but the big news on Tues, 2/28, five months after Hurricane Ian, was the relighting of the Sanibel Lighthouse. It was announced late Mon on social media that it would occur at 6 a.m. the next morning. Amazing how many people were there to witness and film it. Lots of videos are posted on social media. The new LED light is bright!

The next official City update will be during the upcoming City Council meeting on Tues 3/7 at BIG ARTS Performance Hall. Meeting begins at 9 a.m.

I also got a little island scoop while in line to pick-up mail yesterday. A proud guy from Island Beach Club said that they will have the first elevator to be operational since the storm. It is expected to be today, with another elevator there to follow shortly after. Like many gulf-front complexes, that complex had some serious damage, but are now seeing recovery results from adjusters, insurance, contractors, etc.

Sanibel & Captiva Islands Assoc of Realtors

The Association of Realtors© also didn’t meet this week, but there was plenty of real estate action posted it the Sanibel & Captiva Islands Multiple Listing Service. That info and the activity with our listings are after the inventory summary below.

Because what is happening at condo communities is different, our Association Multiple Listing Service (MLS) added a new resource for Realtor use. As agents get listings and receive info about what damage insurance is covering, progress schedules, changes in fees, special assessments, etc., they can be entered into this new condo database that is shared with our members.

Our MLS also added a new “yes”/”no” field regarding if a unit owner has flood insurance. In many cases these policies are assumable which helps a new buyer.

On the commercial front, following last week’s announcement that the parcel where Sandbar Restaurant site is for sale, this week the sale of the shopping center at the San-Cap end of Rabbit Road was posted. Buyer was Rosalita’s Cantina (for $6M). Their Facebook page says they opened yesterday, serving “classic Mexican dishes and more modern specialties”. Hours: Mon-Thur 11 a.m. – 8:30 p.m.; Fri & Sat 11 a.m. – 10 p.m., Sat 10 a.m. – 9:30 p.m. & Sun brunch 10 a.m. – 3 p.m.

SANIBEL CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 64 1,103,093 54 114 1,689,199 48 18 1,217,277 65
Under contract 17 985,523 21 48 1,296,446 43 3 679,997 42
Sold 2023 to 3/3 24 1,062,479 37 57 1,037,031 41 5 1,118,800 123
Sold 2022 123 1,136,199 44 184 1,597,868 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 7 1,059,142 179 7 6,699,721 198 1 15,500,000 342
Under contract 2 1,207,000 147 2 1,824,500 29 0 N/A N/A
Sold 2023 to 3/3 1 675,000 66 4 3,612,500 58 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 Feb 24 – Mar 3

Sanibel

CONDOS

11 new listings: Seashells #38 2/2 $415K, Seashells #25 2/2 $449K, Sanibel Arms #A7 1/1 $499.5K, Sundial #D312 1/1 $529K, Sundial #D203 1/1 $649K, Sundial #J204 2/2 $1.075K, Pelican’s Roost #304 2/2 $1.199M, Loggerhead Cay #122 2/2 $1.3M, Somerset #E101 3/2.5 $1.785M, Pointe Santo #A27 3/2 $1.795M, Sundial #O406 2/2 $2.15M.

2 price changes: Tantara #202 2/2 now $979K, Pointe Santo #A25 2/2 now $1.295M.

3 new sales: Beach Road Villas #101 2/2 listed at $599,999; Gulfside Place #319 3/2 $1.495M, Atrium #106 2/2 listed at $1.749M.

3 closed sales: Sanibel Arms #B6 1/1 $320K, Sunset South #1A 2/2 $650K, Sealoft Village #105 2/2 $900K.

HOMES

10 new listings: 1198 Junonia St 2/2 $647K, 1807 Buckthorn Ln 3/2.5 $995K, 4677 Rue Bayou 3/3 $1.2495M, 1003 Fish Crow Rd 4/4 $1.6M, 913 Kings Crown Dr 4/3 $1.75M, 5721 San-Cap Rd 3/2.5.5 $1.795M, 1520 Angel Dr 4/4.5 $3.2M, 417 Bella Vista Way 4/4 $3.5M, 568 Lighthouse Way 3/3.5 $4.8M, 5071 Joewood Dr 4/5.5.5 $5.8M.

10 price changes: 1679 Serenity Ln 3/2 now $797K, 3760 West Gulf Dr 3/2 now $799K, 1145 Sabal St 5/4 now $849K, 1242 Par View Dr 3/2 now $899K, 1752 Serenity Ln 3/2 now $1M, 5410 Osprey Ct 3/2.5 now $1.175M, 1163 Kittiwake Cir 33 now $1.374M, 9484 Peaceful Dr 3/3 now $1.387M, 9027 Mockingbird Dr 4/3 now $1.395M, 682 Pyrula Ave 4/4.5 now $2.295M.

3 back on market: 1314 Tahiti Dr 3/2 $699K, 1230 Sand Castle Rd 3/2 $779K, 251 Christofer Ct 3/2.5 $1.65M.

9 new sales: 994 Greenwood Ct N 3/2 listed at $499K, 966 Greenwood Ct S 3/2.5 listed at $669K, 1073 Sand Castle Rd 3/2 listed at $699K, 591 Boulder Dr 4/2 listed at $799K, 4208 West Gulf Dr 2/2 listed at $799K, 1002 Kings Crown Dr 3/2 listed at $999K, 1290 Par View Dr 4/2 listed at $1.199M, 845 Birdie View Pt 3/3 listed at $1.895M, 850 Victoria Way 4/4 listed at $2.495M.

14 closed sales: 1413 Sandpiper Cir 2/2 $649K, 4427 Gulf Pines Dr 3/2.5 $675K, 3055 Poinciana Cir 3/2 $685K, 9106 Mockingbird Dr 3/2 $715K, 996 Greenwood Ct N 3/3 $725K, 1341 Par View Dr 3/2 $790K, 1031 Bird Watch Way 3/2 $800K, 1700 Dixie Beach Blvd 3/2 $803K, 1040 Kings Crown Dr 3/2 $824.5K, 747 Birdie View Pt 3/3 $875K, 562 Lake Murex Cir 3/2 $950K, 844 Lindgren Blvd 3/3 $1.349M, 4801 Tradewinds Dr 3/3 $1.6M, 869 Limpet Dr 5/4 $2.5M.

LOTS

2 new listings: 2356 Wulfert Rd $348K, 3649 West Gulf Dr $3.995M.

1 price change: 2807 West Gulf Dr now $1.099M.

No new sales.

1 closed sale: 2462 Wulfert Rd $320K.

Captiva

CONDOS

1 new listing: Bayside Villas #4204 1/2 $650K.

No price changes or new sales.

1 closed sale: Beach Villas #2617 1/1 $675K.

HOMES

No new listings, new or closed sales.

1 price change: 1 Sunset Captiva 2/2.5 now $3.795M.

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.

Until next Friday,

Susan Andrews, aka SanibelSusan

Wrapping Up Feb 2023 on Sunny Sanibel

Time for another Friday report from sunny Sanibel where it’s still nearly 80 degrees F at 4 p.m. in the afternoon. More of the same is expected through next week.

Sanibel Update

The City had another post-Ian update Tues and announced these updates will continue, in abbreviated form, at City Council meetings and on the 2-week off-schedule as progress continues and there are things to announce. Next City Council Meeting is 3/7 at BIG ARTS Performance Hall. Update highlights included:

  • Election – to fill two City Council seats is 3/7 with in-person voting at Rec Center 7 a.m. to 7 p.m. Until 2/25, voters may request absentee ballots which may be forwarded per Executive Order of FL Gov Ron DeSantis.
  • Building & Planning Depts – still in temporary location at 6200 Whiskey Creek Dr, Ft Myers.
  • Debris Removal – FDEM (who is paying for removal) has extended time for debris to go to right-of-way to 3/1. Then 3/31 is last day Crowder Gulf may pick up debris (FEMA deadline).

Regular pick up of vegetation debris, may be 3/13. (Remember that his restrictions on bundling/size,

Still need help getting residential/commercial debris out? www.IanDebrisCleanUp.com

  • Community Park & Playground – reopened 2/22.
  • Beach Parking Facilities – Tarpon Beach & Blind Pass lots reopened 2/4. Others still being restored. Buy permits at Rec Center Mon-Sat 8 a.m. to 5 p.m. Starting 3/6 will open Tues & Thurs at 7 a.m.
  • New Releases – City is issuing many. Subscribe at MySanibel.com.
  • Building Permits – As of 2/20 City has issued 2,527 permits this year (compared to 2,300 in all of 2022).
  • Causeway Traffic – Steady increase, many contractors. ~5,500 vehicles coming across daily.
  • Landscape Restoration – News release coming soon covering this subject. Some things include that permits are required for any mangrove work, or in beach dune area, or on vacant parcels.

Also 75% native vegetation is required (that means 75% trees, shrubs, ground cover). Also planting not allowed in City right-of-way & sod is limited to 20% of total area or 4,000 sq. ft. whichever is less.

Mulch not acceptable as a long-term solution to ground cover. Also be aware that shell, rock, & gravel may be considered developed area so watch out for coverage limits.

SCCF’s Beach Planting Guide is recommended and has info on plants that did well after storm. Get it at www.SCCF.org.

Sanibel & Captiva Islands Assoc of Realtors

Yesterday was the February General Membership Meeting of the local Association. We continue to meet monthly at the Midland Trust building on San Carlos Blvd in Ft Myers while island office spaces are repaired. There was a good turn-out, both in person and via Zoom, as affiliate members Dave Arter with Private Client Insurance Services, Cameron Govreau with Heidrick & Company Insurance, and John Trebilcock with Attorneys Goede, DeBoest & Cross provided post-Ian insurance information.

Meeting sponsor Dan Royal with American Momentum Bank announced a product for condos/homes needing renovation. Condo loans are for interior work only and function like traditional construction to perm loan with interest-only payments for 12 months. Loan is modified to perm when renovation is complete. With just one closing, just one set of closing costs. Draws are paid to builder as construction is progresses. Home renovation loans are similar but may be for both interior and exterior work.

During the insurance panel presentation, it was stressed that the information provided applies TODAY. Insurance requirements have changed and continue to change as storm recovery continues. For island property, there are limited available insurance markets. Citizens (admitted carrier operated by the State of Florida) is the only one now writing wind policies. Surplus Lines (non-admitted carriers) like Lloyds, QVE, Scottsdale, must be accessed through a broker. They do not use standardized forms or comply with state requirements. These carriers are writing Builders Risk policies WITHOUT wind insurance on Sanibel & Captiva. With condos, current carriers must provide coverage through repairs, but can increase premiums 50-100%.

Citizens will NOT write a policy on damaged homes but is available to non-damaged or repaired properties. Effective 4/1/23, a flood policy must be written along with a new Citizens policy. Maximum building value (per FL Senate Bill 1770) is $699,999. There are strict underwriting and administrative guidelines, limited endorsement availability, and only $100K of liability coverage. Originally designed as the “carrier of last resort”, Citizens’ policies could be subject to a “surcharge” if the company sustains a deficit from a hurricane or other reason (up to 45%).

Information needed to get insurance:

  • Wind Mitigation Inspection (for Citizens & future Builders Risk)
  • 4-Point Inspection
  • Builders Risk – scope of work, length of projects, estimate project cost, general contractor contact info
  • Copy of current flood policy & elevation certificate
  • MLS info, current address, birth dates.

Underwriting requirements:

  • Wind/flood claims need to be closed for new policies to be written
  • Builders risk policies are underwritten on case-by-case basis
  • Licensed general contractor required on Builders Risks
  • NFIP/FEMA flood policy may be assumed
  • Citizens policies located in “A” or “V” flood zone (essentially the island) must show proof of flood policy.

Note, condo association master flood policies limit coverage per unit to $250K,

During the announcements section of the meeting, several new listings and sales were announced. More details about those and the action this week posted in the island Multiple Listing Service are after more news below.

Land Use Info Now Available Thru Online GIS Maps

The City (Sanibel) Future Land Use Map Series (FLUMS) now is available online through this link. There are multiple map layers that may be selected to help determine the development standards and uses allowed on a parcel. The Layer List can be accessed through the icon in the top right corner of the screen. Properties are searchable by address when the Lee County – Parcels layer is checked.

The following info may be chosen to display over an aerial photo:

·        Coastal Construction Control Line (CCCL).

·        1974 CCCL delineates the City construction limit setback & landward limit of Gulf Beach Zone.

·        1991 CCCL is where a permit from FL Dept of Environmental Protection is required for construction waterward of line.

·        Local Drainage Areas known to hold water after storms & in rainy season.

·        Special Use Districts, click on property with this layer checked to see Ordinance.

·        Commercial Zoning Map – delineates General Commercial District, Town Center General Commercial District, & Town Center Limited Commercial District.

·        Resort Housing District – identifies properties within district classified by either allowing resort units with unlimited rental or “Prohibited from Resort Housing Use) where rental is limited to minimum 28 consecutive days. “Nonconform Resort Housing Use” identifies lawfully existing nonconforming resort housing use properties with unlimited rental.

·        Interior Wetlands Conservation District with strict development regulations to protect freshwater aquifer.

·        Environmentally Sensitive Lands Conservation District with strictly limited uses allowed.

·        Ecological Zones Map 1989 – City development regulations for residential districts are based on ecological sensitivity which is classified by zone. Environmental Performance Standards also are established for each zone.

Island Real Estate

Below is another update of island inventory today from the Sanibel & Captiva Islands Multiple Listing Service.

SANIBEL CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 56 1,121,605 56 113 1,594,117 47 17 1,283,176 63
Under contract 17 878,700 18 53 1,234,027 41 4 596,998 105
Sold 2023 to 2/24 21 1,125,333 40 46 1,082,810 39 4 1,318,500 80
Sold 2022 123 1,136,199 44 184 1,597,868 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 6 1,127,333 201 8 6,867,631 176 1 15,500,000 335
Under contract 3 1,038,000 89 2 1,824,500 9 0 N/A N/A
Sold 2023 to 2/24 0 N/A N/A 4 3,612,500 58 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

Personal Stuff

New metal roof all installed at Dave and Lisa’s house, while at my home the new walls are painted and new HVAC going in. Baby steps, but progress.

It also is great to again be singing with pals from the Community Chorus. (SanibelSusan was an original member when the group began in 1992.) Many members haven’t been back since the pandemic, so it’s been great fun tuning up together. We will be singing in the Performance Hall at the BIG ARTS Open House on Wed 3/15. The Sanibel Bank is performing too. As a special treat, our professional real estate photographer Jim Anderson has created an island video that will be played on the big screen when we sing the song “Sanibel”.

Sanibel & Captiva Islands Multiple Listing Service Activity Feb 17-24

Sanibel

CONDOS

9 new listings: Seashells #3 2/2 $474K, Lighthouse Point #219 2/2 $650K, Sunset South #11A 2/2 $699K, Sunset South #12B 2/2 $779K, Oceans Reach #2D4 2/2 $1M, Mariner Pointe #711 2/2 $1.15M, Gulfside Place #219 2/2 $1.495M, Sandpiper West #4 3/2.5 $2.4M, Seascape #204 3/3.5 $3.41M.

4 price changes: Captains Walk #A6 1/1 now $399K (SanibelSusan listing), Beach Road Villas #101 2/2 now $599,999; Sundial #F403 2/2 now $795K; Sundial #A303 1/1 now $799K.

Captains Walk #A6 looking toward bay, lighthouse, & gulf

5 new sales: Seashells #26 2/2 listed at $449K, Lighthouse Point #217 2/2 listed at $699K, Snug Harbor #221 2/2 listed at $1.199M, Sanctuary Golf Villages I #4-1 3/3 listed at $1.369M, Gulfside Place #213 3/3 listed at $2.6M.

No closed sales.

HOMES

15 new listings: 994 Greenwood Ct N (1/2 duplex) 3/3 $530K, 470 Birdsong Pl 2/2 $550K, 996 Greenwood Ct N (1/2 duplex) 3/2.5 $669K, 951 Sand Castle Rd 3/2 $719K, 1477 Albatross Rd 4/3 $735K, 9114 Mockingbird Dr 3/2 $755K, 1046 Sand Castle Rd 2/2 now $847K, 1125 Captains Walk St 3/3 $949K, 540 East Lake Rd 3/2 $1.1M, 3311 Twin Lakes Ln 3/3 $1.22M, 1586 Century Ct 3/2.5 $1.35M, 9048 Mockingbird Dr 3/3 $1.475M, 864 Limpet Dr 3/2 5/2 $1.75M, 940 Beach Rd 3/4.5.5 $3.3M, 3611 West Gulf Dr 4/4.5 $3.895M.

17 price changes: 450 Birdsong Pl 2/2 now $595K, 1859 Farm Tr 3/2 now $674.9K, 4208 West Gulf Dr 2/2 now 799K, 591 Boulder Dr 4/3 now $799K, 3760 West Gulf Dr 3/2 now $829K, 1046 Sand Castle Rd 2/2 now $847K, 1145 Sabal St 5/4 now $879K, 4144 West Gulf Dr 2/2 now $949K, 1578 Sand Castle Rd 3/2 now $1.08M, 1018 Demere Ln 4/3 now $1.195M, 241 Violet Dr 3/2.5 now $1.199M, 750 Sand Dollar Dr 3/2 now $1.258M, 5294 Umbrella Pool Rd 3/2.5 now $1.448M, 979 Whelk Dr 3/3 now $1.484M, 1036 Whisperwood Way 3/3 now $1.599M, 851 Angel Wing Dr 5/4 now $1.995M, 4171 Dingman Dr 3/3 now $2.249M,

2 back on market: 617 East Rocks Dr 3/2 $1.1M, 918 Kings Crown Dr 3/2.5 $1.499M.

2 new sales: 1140 Junonia St 3/2 listed at $995K, 3191 Twin Lakes Ln 4/2.5 listed at $1.749M.

9 closed sales: 214 Hurricane Ln 3/2 $625K, 671 Rabbit Rd 3/2 $650K, 686 Spartina Ct 3/2 $651K, 214 Palm Lake Dr 3/2.5 $760K, 458 Casa Ybel Rd 1/1.5 $799K, 440 Lighthouse Way 3/3 $850K, 775 Pen Shell Dr 3/2 $900K, 2450 Wulfert Rd 3/3 $1.3M, 1800 Woodring Rd 4/4.5 $7.25M.

LOTS

2 new listings:  2761 West Gulf Dr (site of Sandbar Restaurant) $2.195M, 4501 Waters Edge Ln $3.199M.

1 price change: 3255 Cowry Ct now $639K.

1 new sale: 328 Palm Lake Dr listed at $695K.

No closed sales.

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.

Until next Friday, Susan Andrews, aka SanibelSusan

Presidents Weekend 2023 on Sunny Sanibel Island

It’s already another Friday with plenty more action with island real estate this week. After a few news items below is the activity posted in the Sanibel & Captiva Multiple Listing Service.

Sanibel Update

With debris clean-up, piles were disappearing and amounts lessening until the City reminded everyone that the last day it may go onto the right-of-way for pick-up by contractor Crowder Gulf is Monday, Presidents’ Day. That sure lit a fire under many, as today there noticeably was more debris lining the roadways. Only three more days, islanders!

There was no City post-Ian update this week, but recovery is progressing with noticeably more people returning to live and visit the islands. More businesses also are reopening. (Doc Ford’s Sanibel opened today.)

The temporary Post Office trailers are up-and-running. Literally, with postal employees running to get your mail. It is amazing how quickly those workers got that facility back into operation. It applies here, like everywhere, “teamwork makes the dream work.” They have worked through some unbelievable conditions and obstacles.

At SanibelSusan Realty

At SanibelSusan Realty, the team and I are thankful for another week with a nice closing plus new listing. Dave and I continue to cover the island every day while Lisa helps behind the scenes.

As a reminder, please let us know if your association has made any announcements of fee changes, special assessments, occupancy, completion schedules, etc. Please do not assume that your association coverage will be like any other. Not all associations, management companies, insurance policies, restoration/remediation companies, contractors, permits, etc. are the same. The rumor mill continues to generate ‘rumors”.

The most frequently asked questions by prospective purchasers are when can the property be occupied? How much of the work is my responsibility? What will it cost? Where is the 2023 association budget/reserve schedule? In a condo, what will the master insurance policies cover inside my unit?

Also please let us know of any other changes with your property, i.e. insurance costs. We have already heard of a deal falling through because the quote for new policies was astronomical. Many flood policies are assumable (meaning the buyer can buy out the months remaining on your policy). That doesn’t provide a long-term discount, but at least gets them initially covered more reasonably. You also may have other service policies that are assumable, like for annual termite inspection/treatment, maintenance on appliances &/or HVAC, etc. Those also are nice perks for us to know about and appreciated by most buyers.

At Home

Things are looking up. Dave/Lisa’s roofer will be back to continue their repairs on Monday. At my home, paint and more door hardware have been delivered. Fingers crossed that remaining interior work continues after the holiday. Yesterday, my new-in-2021 aluminum standing-seam roof was examined, as a precaution, by Crowther and found “perfect”. I now have another good contact at that company if anyone is in need. My pool and yard service also have resumed, while Dave continues to watch over things and work on my landscaping. We also keep an eye on work progressing on several properties owned by absentee clients. Steps forward every week are slow, but steady.

Sanibel & Captiva Islands Association of Realtors

Still no return-to-the-island date for the Association of Realtors office as they continue operations out of the Midland Trust building just off-island. Unfortunately, the Association offices on Sanibel are awaiting contractor work and power, like so many others.

Thanks to the internet, the inner workings of the Association continue, as Tuesday, we had a Professional Development Committee meeting where classes were scheduled and speakers suggested for the first few general membership meetings of the year. Next Thursday at our February breakfast meeting, at Midland, speakers will be panel of insurance/attorney experts answering post-Ian questions. Betcha I get good info to share from that.

Wednesday, I attended the Association 3-hoour mandatory Zoom session presented by Florida Realtors Associate General Counsel, Joel Maxson. The leadership team of the local Association including their Board of Directors and members of the Professional Standards, Grievance, and Ombudsman Committees are required to attend these training sessions annually. These Realtors are the groups that act on any Ethics or Arbitration complaints. Luckily, there are few of those as our brokers and the Association provide excellent education and oversight, over members that, for the most part, are conscientious, sharing, and cooperative.

Island Real Estate

Below is another update of island inventory today from the Sanibel & Captiva Islands Multiple Listing Service. Homes continue to be the hot commodity.

SANIBEL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

51

1,027,586

56

96

1,636,763

48

16

1,023,125

66

Under contract

11

739,354

17

66

1,310,535

38

3

564,330

107

Sold 2023 to 2/17

21

1,125,333

40

35

915,322

39

4

1,318,500

80

Sold 2022

123

1,136,199

44

184

1,597,868

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

 

CAPTIVA

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

6

1,127,333

194

8

6,867,631

169

1

15,500,000

328

Under contract

3

1,038,000

89

2

1,824,500

9

0

N/A

N/A

Sold 2023 to 2/17

0

N/A

N/A

4

3,612,500

58

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 Feb 10‑17

Sanibel

CONDOS

8 new listings: Seashells #33 2/2 $435K, Tennisplace #B22 2/2.5 $489K, Sandpiper Beach #206 2/2 $799K (SanibelSusan listing), Sunset South #3C 2/2 $819K, Loggerhead Cay #212 2/2 $885K, Tantara #202 2/2 $1.049M, Atrium #202 2/2 $1.249M, Gulfside Place #204 2/2 $1.375M.

Sandpiper Beach #206 View Pre-Ian

1 price changeGulfside Place #318 2/2 now $1.495M (SanibelSusan listing).

Gulfside Place Post-Ian

2 new sales: Seashells #21 2/2 listed at $449K, Sundial #H209 1/1 listed at $649K.

4 closed sales: Seashells #42 2/2 $350K, Sundial #D301 2/2 $975K, Pelicans Roost #302 2/2 $1.149M, Sanctuary Golf Villages I #4-PH5 3/3 $1.425M.

HOMES

7 new listings: 1122 Captains Walk St 3/2.5 $798,897; 560 Boulder Dr 3/2 $849K, 1242 Par View Dr 3/2 $965K, 1720 Middle Gulf Dr 3/2 $990K, 1402 Middle Gulf Dr 3/3 $1.679M, 826 Lindgren Blvd 3/2 $1.695M, 2564 Wulfert Rd 4/5.5 $3.595M.

8 price changes: 9438 Moonlight Dr 3/2 now $724K, 4753 Rue Helene 2/2 now $749K, 4052 Coquina Dr 3/2 now $760K, 1524 Wilton Ln 3/2 now $989K, 1121 Sabal St 3/2.5 now $1.45M, 979 Whelk Dr 3/3 now $1.494M, 2294 Wulfert Rd 4/4 now $1.65M, 1320 Seaspray Ln 3/4.5 now $3.7

3 back on market: 3025 Poinciana Cir 3/2 $899K, 557 East Rocks Dr 4/3 $999K, 1318 Seaspray Ln 5/3.5 $3.75M.

14 new sales: 2623 Tamarind Rd 2/2 listed at $375K; 671 Rabbit Rd 3/2 listed at $699K; 1230 Sand Castle Rd 3/2 listed at $779K; 1834 Long Point Ln 3/2.5 listed at $799,999; 1031 Birdwatch Way 3/2 listed at $875K; 3711 Agate Ct 3/2.5 listed at $900K, 562 Lake Murex Cir 3/2 listed at $999K; 617 East Rocks Dr 3/2 listed at $1.1M; 253 Daniel Dr 2/2.5 listed at $1,197,555; 1290 Par View Dr 4/2 listed at $1.199: 918 Kings Crown Dr 3/2.5 listed at $1.449M, 698 Anchor Dr 5/5.5 listed at $1.695M; 1208 Bay Dr 3/2 listed at $1.7M; 5395 Shearwater Dr 3/3.5 listed at $2.495M.

8 closed sales: 1977 Roseate Ln 2/2 $500K, 686 Spartina Ct 3/2 $651K, 3285 Twin Lakes Ln 3/2.5 $669K (SanibelSusan listing), 3354 St Kilda Rd 3/2 $760K, 702 Durion Ct 3/2 $830K, 740 Windlass Way 2/2 $845K, 2402 Wulfert Rd 4/3.5 $1.3M, 1008 Demere Ln 3/2 $1.3M.

LOTS

2 new listings – 1872 Middle Gulf Dr $799K, 1874 Middle Gulf Dr $1.599M.

No price change, new or closed sales.

Captiva

CONDOS

No new listings, price changes or closed sales.

1 new sale: Tennis Villas #3227 1/1 listed at $515K.

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.

Until next Friday, enjoy the long weekend! We’ll be working!

Susan Andrews, aka SanibelSusan

Weeks Are Whizzing By…

My lawn & bougainvillea aren’t doing well, but the pink hibiscus & my neighbor’s tree are coming back nicely!

Another week has whizzed by with lots of Sanibel real estate activity and progress at teammates homes too. I also heard from our landlord at Sanibel Square. Engineers have determined our building is structurally sound and the City has visited the center. No ETA on when repairs will begin or when it will be ready for us to move back in, so I’m betting my home will be ready first. Now in addition to new drywall and electric, it has new trim and doors. Slow… but sure.

There was noticeably more traffic on the island this week, maybe related to the extended sunshine and 70/80-degree F weather that make us happy even as clean-up continues – but the number of construction vehicles is what has increased.

Sanibel Update

The City post-Ian Facebook Live update was part of the Sanibel City Council meeting on Tuesday. Those meetings still are being held at BIG ARTS Performance Hall while City Council Chambers (MacKenzie Hall) restoration continues. Unfortunately, there were several signal interruptions where I missed some of the dialogue but the City should be posting their Power Point soon. Here are some highlights:

  • City Manager Souza asked for Council direction on several items. With input from Chief Dalton, it was decided to end the curfew, but keep the police blotter.
  • To aid in business recovery, businesses will be allowed temporary signs, advertising they are “open”.
  • Regarding temporary storage units, Planning allows them to be on a property for 30 days, Council recommended extending to 180 days (from Feb 7) for consistency with other emergency timeframes.
  • According to code on swimming pools, for safety, emergency fencing must be at least chain link or mesh. Orange construction fencing is not adequate.
  • Residents/businesses were reminded that Feb 20 is the last day to put storm debris in the right-of-way for pickup by Crowder Gulf.
  • During Florida legislature Special Session SB 4-A Disaster Relief: Added an additional $100M from general revenue to statewide beach program for counties impacted by Hurricane Ian or Nicole. Approximately $12M award for Sanibel beach renourishment and recovery. During same session, created restoration reimbursement grant program with $50M from general revenue intended for sand placement and coastal armoring as a dollar for dollar reimbursement for construction up to $150K per grant. Grants are available for single-family residences and condos with priority given to low- and moderate-income applicants. Application portal opened Feb 1 at https://floridadep.gov/hurricane.
  • Building Dept advised that as of Feb 3, 2,052 permits are in the system with 1,175 issued. This compares to ~2,400 issued in all of last year.

Public beaches with parking at Tarpon Bay Rd and Blind Pass are open. Paid parking is by app. Other beaches will open as their parking areas and access paths are repaired and safe. Meanwhile, a few other openings include:

  • Timbers Restaurant – will be reopening on Valentines’ Day.
  • Sanibel School – Reopened on Sanibel Wednesday.

At SanibelSusan Realty

The island rumor mill has been swirling this week as property owners and their community associations work through the post-hurricane maze. We urge you to remember that an event like this has not happened here before, so please be patient, consult with experts, and don’t believe everything you hear. The SanibelSusan Team like you is working through new territory but remain happy to help you if we can. Please don’t hesitate to contact us.

The activity this week from the Sanibel & Captiva Islands Multiple Listing Service is posted after a few news items below. We had a nice closing today, with another coming up next week. Big thanks to Chelsea, Amanda, and Dustyn at Superior Title of Sanibel who expedited these settlements for buyers who wanted to close early.

Teammate Lisa updated our island inventory list yesterday. If you’d like it emailed to you, just send me a message.

Island Real Estate

Below is another update of island inventory today from the Sanibel & Captiva Islands Multiple Listing Service. Homes continue to be the hot commodity.

SANIBEL CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 47 1,075,082 56 100 1,589,143 42 14 769,500 67
Under contract 13 921,300 16 63 1,267,312 34 3 564,330 101
Sold 2023 to 2/10 16 1,101,906 43 27 932,640 42 4 1,318,500 80
Sold 2022 123 1,136,199 44 184 1,597,868 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 7 1,039,857 161 8 6,867,631 161 1 15,500,000 320
Under contract 2 1,299,500 127 2 1,824,500 9 0 N/A N/A
Sold 2023 to 2/10 0 N/A N/A 4 3,612,500 58 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

NAR Statement on White House Tenant-Centered Action Plan

WASHINGTON (January 25, 2023) – National Association of Realtors® President Kenny Parcell issued the following statement in response to the Biden Administration’s tenant-centered action plan:

“Rents are rising, driven by inflation and exacerbated by the housing supply shortage. We encourage the Administration to look more deeply at how it can address the root causes of rental affordability—namely, affordable housing supply.

“To immediately address the lack of housing affordability, NAR encourages the Administration and Congress to examine providing rental assistance through a range of channels, including grants, state and local fiscal recovery funding, and a variety of HUD programs that can be better funded and improved.

“NAR supported rental assistance throughout the pandemic, which was vital for struggling tenants and mom-and-pop housing providers. These small investors provide more than 40 percent of all rental housing in America and are essential to growing the nation’s affordable housing supply.

“Consumers may benefit from the Federal government raising awareness about existing protections within their lease agreements and through state and local laws. NAR has committed to creating resources for Realtors® that highlight ways to incorporate resident-center property management practices in their businesses. These resources include advertising to prospective residents that Housing Choice Vouchers are accepted at their property, providing information about rental assistance, and using alternative credit scores for applicants without a detailed credit history.

“Rental housing policy is heavily regulated at the state and local level. Federally enacted policies can potentially drive housing providers out of the market, which will have an immediate and long-term impact of making rental housing even more competitive and, therefore, more expensive for renters. Expanding the Federal Government’s role in rental policy also places an even greater undue burden on mom-and-pop housing providers. We will continue to advocate for common sense solutions that do not negatively impact small housing providers and address affordability by increasing the housing supply.”

The National Association of Realtors® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries.

Sanibel & Captiva Islands Multiple Listing Service Activity Feb 3‑10

Sanibel

CONDOS

7 new listings: Seashells #26 2/2 $449K, Seashells #21 2/2 $449K, Sundial #H209 1/1 $649K, Island Beach Club #340B 2/2 $750K, Loggerhead Cay #314 2/2 $925K, Sandpiper Beach #504 2/2 $1.069M, Snug Harbor #221 2/2 $1.199M.

2 price changes: Loggerhead Cay #323 2/2 now $869K, Seascape #106 3/3 now $3.475M.

3 back on market: Beach Road Villas #101 2/2 $624K, Lighthouse Point #217 2/2 $699K, Island Beach Club #220F 2/2 $795K.

3 new sales: Sanibel Arms #B6 1/1 listed at $375K, Mariner Pointe #642 2/2 listed at $795K, Heron at the Sanctuary III #2A 3/3.5 listed at $1.148M.

4 closed sales: Sundial #G406 1/1 $590K, Nutmeg Village #101 2/2 $1.142M, Gulfside Place #121 2/2 $1.25M, Gulfside Place #102 3/2 $2.1M (SanibelSusan buyer).

Gulfside Place

HOMES

20 new listings: 1966 Ibis Ln 2/2 $584K, 1073 Sand Castle Rd 3/2 $699K, 562 Lake Murex Cir 3/2 $999K, 1160 Buttonwood Ln 3/2 $1.095M, 1018 S. Yachtsman 3/3 $1.1M, 2479 Blind Pass Ct 3/2 $1.15M, 1813 Long Point Ln 3/2.5 $1.175M, 1290 Par View Dr 4/2 $1.199M, 960 Cabbage Palm Ct 3/2 $1.389M, 9484 Peaceful Dr 3/3 $1.415M, 918 Kings Crow Dr 3/2.5 $1.449M, 1163 Kittiwake Cir 3/3 $1.495M, 5294 Umbrella Pool Rd 3/2.5 $1.498M, 698 Anchor Dr 5/5.5 $1.695M, 845 Birdie View Pt 3/3 $1.895M, 915 Limpet Dr 5/3 $2,295M, 5395 Shearwater Dr 3/3.5 $2.495M, 1157 Bird Ln 3/3.5 $4.395M, 4697 Rue Belle Mer 4/5 $4.9M, 4689 Rue Belle Mer 5/6.5 $9.25M.

12 price changes: 1754 Windward Way 2/2 now $619K, 1811 Ibis Ln 2/2 now $650K, 1526 Bunting Ln 5/3 now $750K, 1230 Sand Castle Rd 3/2 now $779K, 3760 West Gulf Dr 3/2 now $839K, 1986 Wild Lime Dr 3/2 now $874K, 1022 Lindgren Blvd 3/2 now $899K, 1332 Sand Castle Rd 3/2 now $990K, 9248 Kincaid Ct 3/2 now $999K, 241 Violet Dr 3/2.5 now $1.225M, 9027 Mockingbird Dr 4/3 now $1.495M, 3191 Twin Lakes Ln 4/2.5 now $1.749M.

2 back on market: 671 Rabbit Rd 3/2 $699K, 617 East Rocks Dr 3/2 $1.1M.

19 new sales: 1440 Sandpiper Ct 3/2.5 listed at $639K, 4437 Gulf Pines Dr 3/2.5 listed at $675K, 3181 Twin Lakes Ln 3/2 listed at $679.9K, 1057 Blue Heron Dr 3/3 listed at $699K, 1585 Bunting Ln 3/2 listed at $699K, 1700 Dixie Beach Blvd 3/2 listed at $749K, 9106 Mockingbird Dr 3/2 listed at $769K, 3941 Coquina Dr 3/2 listed at $850K, 1835 Farm Tr 2/3 listed at $875K, 4733 Rue Belle Mer 3/3 listed at $895K, 3025 Poinciana Cir 3/2 listed at $899K, 428 Lighthouse Way 3/2.5 listed at $899K, 3711 Agate Ct 3/3.5 listed at $900K, 1002 Kings Crown Dr 3/2 listed at $1.1M, 1443 Sand Castle Rd 3/2 listed at $1.299M, 664 Gopher Walk 4/2.5 listed at $1.699M, 4781 Tradewinds Dr 3/2 listed at $2M, 466 Sea Oats Dr 4/4 listed at $2.339M, 519 Kinzie Island 4/3.5 listed at $2.5M.

4 closed sales: 153 Shell Basket Ln 3/2 $550K, 1429 Jamaica Dr 4/3 $700K, 4747 Rue Belle Mer 4/4 $925K, 729 Sand Dollar 3/2.5 $1.2M.

LOTS

2 new listings – 1872 Middle Gulf Dr $799K, 1874 Middle Gulf Dr $1.599M.

No price change, new or closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

No new listings, price changes, or new sales.

1 back on market: Sunset Captiva 1 2/2.5 $3.9M.

1 closed sale: 1106 Tallow Tree 3/3 $1.5M.

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.

Until next Friday, Susan Andrews, aka SanibelSusan

Fabulous February Island Weather

This was Groundhog Day week on sunny Sanibel. Or, as we refer to it in Florida, ”when the palm tree sees its shadow, so there will be six more weeks of sunshine.” We never tire of winter weather here.

At SanibelSusan Realty

Teammate Dave and I again had a busy week, working with both buyers and sellers, plus attending to action items on sales in the works. We had a productive January both with new listings and sales. Volume typical of a high season month here.

View from our new listing at Gulfside Place #318

Teammate Lisa is back to updating our weekly inventory lists, remarking about the increased action posted in the island Multiple Listing Service. The activity from this week is posted after a few news items below.

Sanibel Update

The City post-Ian update this week was canceled and instead will be part of the Sanibel City Council meeting coming up on Tuesday at 9 a.m. But meanwhile, there were several great progress posts this week, see below.

Doc Ford’s – on Sanibel announced it will be reopening soon, Feb 15.

Final Hurricane Debris Collection – Sanibel City Council voted to establish Feb 20 as the last day residents may place Hurricane Ian generated debris on City right-of-way for collection by debris management contractor.

Tarpon Bay Explorers – reopened Feb 1. “Having extensive damage from Hurricane Ian – including the loss of most of its paddle and pontoon boats, rental bikes, and trams, Tarpon Bay Explorers is opening in phases. Currently, the gift store is back up and running, and kayaks and paddleboards are available for rent. Also, the ramp is open for nonmotorized vessel launching. Hours are Mon, Wed, Fri, and Sat from 8 a.m. to 5 p.m. (last rentals at 3 p.m.) By mid-month they hope to again be offering paddling tours. Watch “Ding” on the Wing, social media, and Tarpon Bay Explores website for updates.

Sanibel Post Office – Temporary Post Office on Sanibel opens Mon, Feb 6 for retail, P.O. box service, and package pickup. Trailers are in the parking lot of the post office at 650 Tarpon Bay Rd. I made my last run to Jetport Loop this morning to pick up mail. The 33957 postal employees already are packing up to move to the island this weekend. To say this team has done an exemplary job in undesirable conditions is an understatement. It will be great to have them back on Sanibel.

Island Real Estate

Below is another update of island inventory today from the Sanibel & Captiva Islands Multiple Listing Service.

SANIBEL CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 38 1,080,050 61 95 1,436,104 47 13 701,846 70
Under contract 17 906,105 15 51 1,264,074 29 3 564,330 101
Sold 2023 to 2/3 12 1,151,958 52 23 948,100 44 4 1,318,500 80
Sold 2022 123 1,136,199 44 184 1,597,868 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 7 1,039,857 155 7 7,279,007 156 1 15,500,000 313
Under contract 2 1,299,500 127 4 2,277,250 41 0 N/A N/A
Sold 2023 to 2/3 0 N/A N/A 3 4,316,666 61 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

Florida Realtors®

Florida Realtors® posted this week: “Following the Surfside condominium tragedy, the Florida Legislature passed new laws overseeing condominium and cooperative safety, including standards for inspections and reserve studies. Part of that overall plan includes new documents some buyers are entitled to receive from sellers…. Changes will take place on March 20, 2023. Documents changing include:

  • Rider A. Condominium Rider to Florida Realtors/Florida Bar Residential Contract for Sale and Purchase (and its AS IS companion)
  • Addendum F. Condominium Association to Contract for Residential Sale and Purchase (CRSP)
  • Addendum to Contract for Sale and Purchase of Cooperative

“The language in all forms noted above will be the same, with the cooperative statutory citations being the only difference. The language informs buyers that they now have access to two new documents. The first is the inspector-prepared summary of Milestone Inspection of the condominium or cooperative. The second is a structural integrity reserve study or a statement that the study has not been completed.

“Important note: Not all sellers will be required to provide these documents to buyers because a) the law (referenced in the revisions) only applies to certain associations, and b) if the seller’s association has not yet obtained the inspection and/or study, they still have 23 months to do so.

“What are ‘Milestone Inspection’ and a “structural integrity reserve study”?

  • Milestone Inspection: It’s a structural inspection conducted for life safety purposes. Generally, the requirement for associations to obtain a milestone inspection applies to condominium and cooperative buildings three stories or higher which have been occupied 30 years or more or, if located within three miles of Florida’s coastline, occupied 25 years or more.
  • Structural integrity reserve study: It’s a study of reserve funds required for future major repairs and replacement of the common areas which must be conducted for condo and cooperative association buildings that are three stories or higher….”

Sanibel & Captiva Islands Multiple Listing Service Activity Jan 27 – Feb 3

Sanibel

CONDOS

9 new listings: Sanibel Arms #B6 1/1 $375K, Sundial #D209 1/1 $559K, Sundial C310 1/1 $659K, Sundial #I402 1/1 $675K, Sundial #F203 2/2 $895K, Sundial #F403 2/2 $999K, Sanctuary Golf Villages I #2-3 2/2.5 $1.089M, Pointe Santo #B44 2/2 $1.2M, Gulfside Place #117 2/2 $1.485M, Gulfside Place #318 2/2 $1.595M (our listing).

default

1 price change: Sanctuary Golf Villages I #1-1 2/2.5 now $1.05M.

1 back on market & price change: Sunset South #10B 2/2 $600K

3 new sales: Seashells #42 2/2 listed at $374K, Beach Road Villas #101 2/2 listed at $624K, Lighthouse Point #217 2/2 listed at $699K, Sunset South #1A 2/2 listed at $714K.

7 closed sales: Sundial #H111 1/1 $369K, Lighthouse Point #119 2/2 $535K, Sunset South #3D 2/2 $747.5K, Sanctuary Golf Villages I #3-PH5 2/2.5 $1.237M, By-the-Sea #A102 3/2 $1.275M, Atrium #104 2/2 $1.42M, Wedgewood #104 3/3.5 $2.9M.

HOMES

13 new listings: 1440 Sandpiper Cir 3/2.5 $639K, 4049 Coquina Dr 3/2 $647K, 1413 Sandpiper Cir 2/2 (1/2 duplex) $649K, 4427 Gulf Pines Dr 3/2.5 $675K, 3055 Poinciana Cir 3/2 $685K, 1752 Serenity Ln 3/2 $1.05M, 5410 Osprey Ct 3/2.5 $1.249M, 9448 Begonia Ct 3/2.5 $1.35M, 1208 Bay Dr 3/2 $1.7M, 896 Limpet Dr 3/3 $2.495M, 519 Kinzie Island Ct 4/3.5 $2.5M, 4171 Dingman Dr 3/3 $2.695M,488 Lighthouse Way 4/4 $4.995M.

11 price changes: 1672 Atlanta Plaza Dr 2/1 now $499K, 1948 Roseate Ln 2/2 now $599K, 1314 Tahiti Dr 3/2 now $699K, 460 & 490 Old Trail 3/2.5 now $825K, 3025 Poinciana Cir 3/2 now $899K, 4144 West Gulf Dr 2/2 now $999,999; 4565 Bowen Bayou Rd 3/2 now $1.199M, 440 East Gulf Dr 3/2 now $1.25M, 241 Violet Dr 3/2.5 now $1.259M, 9319 Kincaid Ct 3/2 now $1.295M, 2643 Coconut Dr 3/2 now $1.595M.

2 back on market: 4733 Rue Belle Mer 3/3 $895K, 1002 Kings Crown Dr 3/2 $1.1M.

16 new sales: 214 Hurricane Ln 3/2 listed at $649K, 3055 Poinciana Cor 32 listed at $685K, 671 Rabbit Rd 3/2 listed at $699K, 658 Donax St 3/2 listed at $795K, 1341 Par View Dr 3/2 listed at $799K, 3060 West Gulf Dr 3/2 listed at $899K, 440 Lighthouse Way 3/3 listed at $899.9K, 1447 Albatross Rd 3/2 listed at $919K, 1206 Par View Dr 3/2 listed at $995K, 557 East Rocks Dr 4/3 listed at $999K, 1043 Blue Heron Dr 3/2 listed at $1.195M, 6136 Henderson Rd 3/2 listed at $1.2M, 215 Robinwood Cir 4/3 listed at $1.325M, 645 Donax St 4/3 listed at $1.577M, 3699 West Gulf Dr 6/4.5.5 listed at $5.695M, 1800 Woodring Rd 4/4.5 listed at $7.75M.

6 closed sales: 4044 Coquina Dr 2/2 $525K, 577 Boulder Dr 3/2 $685K, 6065 Dinkins Lake Rd 3/2 $780.8K, 760 Windlass Way 3/3 $925K, 454 Surf Sound Ct 3/2 $1.1M, 852 Lindgren Blvd 3/3 $1.31M.

LOTS

1 new listing – 2807 West Gulf Dr 1.35M.

1 price change – 5116 Sea Bell Rd now $335K.

2 new sales – 2462 Wulfert Rd listed at $348K, 1119 Seagrape Ln listed at $1,199,992.

No closed sales.

Captiva

CONDOS

1 new listing: Tennis Villas #3227 1/1 $515K.

No price changes, new or closed sales.

HOMES

No new listings, price changes, or new sales.

1 closed sale: 11539 Wightman Ln 2/2 $1.55M.

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.

Until next Friday, Susan Andrews, aka SanibelSusan

Already Wrapping Up January 2023 Post-Ian

I apologize for this arriving so late tonight. The SanibelSusan Team has been busy including today when I worked with buyers making their first visit to the island. That turned into a long day, visiting essentially every community and covering what I call my geography tour of Sanibel. Of course, that includes info about lifestyle, utilities, amenities, shopping, health, insurance, living costs, etc.

I was worried not having driven buyers around for some time – with that not happening much during the pandemic – coupled with the island being in such a state of devastation. There was no need to worry, these folks knew about hurricanes and were wonderful. They have not yet decided between homes and condos, plus like many couples, they have some different preferences.

My day began with an early delivery to Superior Title with a closing checklist and contract for a new listing that sold quickly. After that began the geography tour which didn’t finish until dark (6:30-ish, now that the days are getting longer). My spiel on island weather including how most days are warm with bright blue sky sure didn’t fit the forecast today as it was overcast most of the day, barely getting in the 60’s. (I had to wear a jacket with my winter flip flops. That’s twice this winter.)

We stopped at Trader’s for lunch, where it was like old home week. Former Sanibel Mayor & Doc Ford’s owner, Marty Harrity, gave me a thumbs up and a pitch to these folks on how wonderful life is here. One of my BIG ARTs singing pals with her husband and family were at a nearby table and offered info on how great the fishing has been this week. Turns out they also cheer for the same football teams. Then at the table behind us was another Realtor pal who worked on the island for decades before moving north to be closer to grandchildren. It sure was a plus for these prospects to experience how warm and welcoming islanders are. Our small-town appeals to them!

At SanibelSusan Realty

Still no action on our office rebuild, but at my home, son Dave reported that drywall went up today. You can bet that I will be there checking it tomorrow. Hopefully progress will be quicker from here forward, as I moved into what I hope is my last Fort Myers rental this week. Please let it be the last stop before I am back living on island.

Dave spent time yesterday and today with appraisers and inspectors, while I put a condo under contract (in record time) on Tuesday, then on Wednesday posted the home in MLS, that sold Thursday. Those details are after a couple of news items below, plus the action since last Friday in the islands Multiple Listing Service.

Sanibel & Captiva Islands Association of Realtors®

Our 2023 local association Installation and Awards Event yesterday included a luncheon at Cielo. It was great to see so many smiling Realtors® again, including leaders from other Associations in our district, including Bonita and Naples. SanibelSusan earned Honor Society status for the 30th year and though I don’t want to admit to being old, I was the most senior Past President (1999) in the line-up when we performed the “passing of the gavel” ceremony to the 2023 President.

Congratulations to Amanda Curran, owner at Superior Title of Sanibel. (Her company holds our escrow deposits and handles most of our closings.) They are excited to be back on the island in their office in Tree Tops Shopping Center. She received the Association 2022 Affiliate of the Year award.

Sanibel Update

There was no City post-Ian update meeting this week, but Mayor Smith is great about posting news on Facebook. Thanks to her hard work regarding Sanibel mail, two mobile units were transported to the Post Office parking lot midweek. It will take some time for them to become operational, but that delivery in itself is progress in the right direction.

 Another City post-Ian progress update is scheduled for Tuesday at 5 p.m. at BIG ARTS Performance Hall. I will follow it on Facebook Live and post recaps on my Facebook pages, as usual.
 

Food

This week it was announced that Island Pizza is teaming up with Sweet Melissa’s chef for special meals on Thursdays and Fridays beginning next week Feb 2. Sweet Melissa’s Café building, next door to Island Pizza was taken down last week and will eventually be rebuilt.

Bleu Rendezvous French Bistro also announced yesterday that they hope to reopen in 30 days in a new location, at 751 Tarpon Bay Rd, adjacent to Tower Gallery. Their post said they will be open for lunch and dinner starting at noon, with non-stop Happy Hour, on Tuesdays through Saturdays.

Out on Captiva, Mucky Duck has reopened, while on Sanibel the Steeler’s flag is a wavin’ at The Great White Grill which also is open.

Island Real Estate

Below is another update of island inventory today from the Sanibel & Captiva Islands Multiple Listing Service. There were 23 homes listed on Sanibel this week, several including our listing in Lake Murex already are under contract. During the same time five homes came back on the market, and five had price reductions, with some of those selling too. Seventeen Sanibel homes sold and seven home closings occurred.

SANIBEL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

33

1,112,633

63

100

1,470,398

47

14

666,928

81

Under contract

20

1,142,115

31

43

1,005,079

23

1

145,000

6

Sold 2023 to 1/27

5

1,068,000

46

17

969,441

47

4

1,318,500

80

Sold 2022

123

1,136,199

44

184

1,597,868

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

 

CAPTIVA

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

6

1,127,333

174

7

7,279,007

149

1

15,500,000

307

Under contract

2

1,299,500

127

5

2,139,800

8

0

N/A

N/A

Sold 2023 to 1/27

0

N/A

N/A

2

5,700,000

59

0

N/A

N/A

Sold 2022

28

1,458,983

52

22

5,636,386

133

0

N/A

N/A

Sold 2021

64

1,150,373

145

44

2,988,520

261

2

2,950,000

731

Sanibel & Captiva Islands Multiple Listing Service Activity Jan 20‑27

Sanibel

CONDOS

12 new listings: Seashells #42 2/2 $374K, Sanibel Arms #B7 1/1 $399K, Donax Village #10 2/2 $499K, Sundial #C206 1/1 $599K, Lighthouse Point #217 2/2 $699K, Sunset South #1A 2/2 $714K, Island Beach Club #220F 2/2 $795K, Mariner Pointe #642 2/2 $795K, Sanibel Surfside #122 2/2 $995K, Heron at The Sanctuary III-2A 3/3.5 $1.149M, Sanctuary Golf Villages I #4-1 3/3 $1.369M, Seascape #106 3/3 $2.975M.

2 price changes: Beach Road Villas #101 2/2 now $624K, Tigua Cay #487 3/3.5 now $2.75M.

5 new sales: Sunset South #10B 2/2 listed at $650K, Sunset South #3D 2/2 listed at $749.9K, Her on The Sanctuary #III-2A 3/3.5 listed at $1.148M, Gulfside Place #121 2/2 listed at $1.425M, Gulfside Place #102 3/3 listed at $2.198M (our sale).

3 closed sales: Lake Palms #3 2/2.5 $525K, Pointe Santo #D3 2/2 $675K, Pine Cove #A 2/2 $1.06M.

HOMES

16 new listings: 3181 Twin Lakes Ln 3/2 $679.9K, 1859 Farm Trail 3/2 $719.9K, 4752 Rue Helene 2/2 $799K, 1341 Par View Dr 3/2 $799K, 526 Bunting Ln 5/3 $800K, 4052 Coquina Dr 3/2 $800K, 591 Boulder Dr 4/3 $879K, 1145 Sabal St 3/4 $995K, 9248 Kincaid Ct 3/2 $1.025M, 1043 Blue Heron Dr 3/3 $1.195M, 1578 Sand Castle Rd 3/2 $1.199M, 1018 Demere Ln 4/3 $1.295M, 4628 Rue Belle Mer 3/3 $1.695M, 5271 Indian Ct 4/4 $2.599M, 3615 West Gulf Dr 4/4.5 $4.25M, 3941 West Gulf Dr 4/4.5 $4.25M.

3 price changes: 2623 Tamarind Rd 2/2 now $375K, 1679 Serenity Ln 3/2 now $847K, 1224 Buttonwood Ln 3/2.5 now $1.45M.

5 back on market: Moonshadows #1A 3/3 $949K, 557 East Rocks Dr 4/3 $999K, 241 Violet Dr 3/2.5 $1.295M, 2885 Wulfert Rd 7/6 $2.499M, 3699 West Gulf Dr 6/4.5.5 $5.695M.

17 new sales: 1413 Sandpiper Cir 2/2 1/2-duplex listed at $649K, 9126 Mockingbird Dr 3/2 listed at $650K, 3285 Twin Lakes Ln 3/2.5 listed at $699K (our listing), 458 Casa Ybel Rd 1/1.5 listed at $799K, 702 Durion Ct 3/2 listed at $829K, 4208 West Gulf Dr 2/2 listed at $849K, 214 Palm Lake Dr 3/2.5 listed at $849K, 1230 Sand Castle Rd 3/2 listed at $859K, 720 Durion Ct 4/3 listed at $899K, 1040 Kings Crown Dr 3/2 listed at $995K, 747 Birdie View Pt 3/3 listed at $999K, 729 Sand Dollar Dr 3/2 listed at $999,999, 1002 Kings Crown Dr 3/2 listed at $1.1M, 4775 Rue Helene 4/3 listed at $1.125M, 454 Surf Sound Ct 3/2 listed at $1.289M, 1120 Olga Ave 3/2 listed at $1.395M, 2450 Wulfert Rd 3/3 listed at $1.65M.

7 closed sales: 860 Rabbit Rd 2/1 $375K, 1282 Tahiti Dr 3/2 $559K, 4214 Old Banyan Way 3/2.5 $595K, 293 Palm Lake Dr 3/2 $662.5K, 954 Sand Castle Rd 3/3 $700K, 921 Strangler Fig Ln 3/2.5 $750K, 9094 Mockingbird Dr 4/3.5 $850K.

LOTS

Nothing to report.

Captiva

CONDOS

No new listings.

1 new sale: Beach Villas #2235 4/3 listed at $1.899M.

No price changes, 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.

Until next Friday, Susan Andrews, aka SanibelSusan

Yippee, Island Temps Are Back to Mid-70’s

It’s another sunny Friday afternoon on Sanibel with more real estate activity as recovery progresses. Single-family homes continue to be where there is the most action, again with many condominium complexes still sorting out work required by their associations and what their insurance covers.

At SanibelSusan Realty

Our listings had more action this week as David and I work with owners thinking of selling and buyers looking to take advantage of more listings becoming available. It can be difficult making those who have not been back understand that the island is not going to be like it was any time soon, maybe never. Every trip around the island, it is encouraging to see more positive changes, but the amount of devastation and repairs will take years.

It makes it challenging when prospective buyers want to come and view property, but the communities are not allowing showings and/or don’t yet know what their costs will be. In most condos, but not all, unit owners are responsible from the wallboard-in, while the Association handles from the walls-out.

Reading those condo documents is an important part of the due diligence with a Florida sales contract, as is reviewing the financials. Another Sanibel condo was listed this week in MLS where the unit special assessment per unit owner (or new buyer) is $325K (yes, that says $325,000). In this situation, estimates to restore the buildings by the Association are complete and insurance settlement known. The Association will bring back the buildings and grounds, with owners/buyers then restoring their unit interiors. All of this is taking time which we know can be frustrating for owners and prospective purchasers.

On a more positive note, on my travels yesterday, it was great to see many of the big debris piles gone at the Periwinkle/Purdy collection area. Earlier in the week, I saw a neighborhood of volunteers removing debris along Causeway Rd across from the Chamber. It is great to see this cooperation.

Dave and I continue to track repairs and permits on the properties we have under contract, plus the progress at the Associations where we have listings. After a couple of news items below is the action since last Friday in the island Multiple Listing Service.

Florida Realtors® Mid-Winter Business Meetings

I missed going to Orlando this week for the Florida Realtors® Mid-Winter business meetings. I started attending those in the mid-90’s before I became our Association President and have benefitted from the connections made and lessons learned. Thanks to technology, I could follow along during the event, but it sure isn’t the same as being with those colleagues in person.

Last night was the installation of our 2023 state officers and today was the Professional Development Committee meeting.

Earlier in the week, I also missed, serving on the day-long state Audition Panel for new instructors. My friends at state headquarters understand what we are dealing with here in hurricane land, so hopefully I will be asked to serve again at the annual meeting in August. Meanwhile, congratulations to Mike McGraw our new President and Gia Arvin President-Elect.

Sanibel & Captiva Islands Association of Realtors®

Our similar, not so fancy, local association Installation and Awards Event, delayed thanks to the storm, will include a luncheon next week at Cielo. Incoming President Greg Demaras asked me to give the invocation and pledge, so that is where I will be Thursday. It will be great to see more local colleagues in person again and congratulate our new officers.

Sanibel Update

I again followed the Tuesday Sanibel Post-Ian 110-day Progress Update which was part of the City Council meeting. My full recap is posted on my personal and business Facebook pages or you can listen to the entire City Council meeting on www.MySanibel.com. A few highlights from that meeting are:

Sanibel curfew – changed to from midnight to 6 a.m.

Debris – get it to the curb by February 20.

Pool Fencing – if your pool cage was destroyed, for safety, storm fencing needs to go up.

Mail – 2 mobile units are coming to Sanibel (same location as Post Office), hopefully by end of month per latest message from Mayor Smith. One will operate as post office, other as retail. Home delivery will take longer to restart.

Food

Slowly, but surely, more restaurants are opening, most with limited hours and offerings, but progress. Here’s the latest line-up:

Sanibel: Blue Giraffe food truck (at Periwinkle Place), Cielo, Gramma Dot’s food truck, Huxter’s food truck, Island Pizza, Jerry’s Café, Mud Bugs, Sanibel Deli, Sanibel Grill, The Shack, Traders, Tutti Pazzi.

Captiva: Cantina Captiva, Captiva Island Pizza, The Green Flash, Old Captiva House.

Island Real Estate

Below is an update of island inventory today from the Sanibel & Captiva Islands Multiple Listing Service. Then is the action posted this week in the MLS.

SANIBEL CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 25 1,190,016 79 93 1,458,172 48 12 677,249 86
Under contract 18 1,060,433 39 36 1,018,591 24 2 272,000 5
Sold 2023 to 1/20 2 1,540,000 27 10 1,198,900 29 3 1,635,000 103
Sold 2022 123 1,136,199 44 184 1,597,868 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 7 1,237,571 177 7 7,279,007 142 1 15,500,000 300
Under contract 1 700,000 7 5 2,139,800 8 0 N/A N/A
Sold 2023 to 1/20 0 N/A N/A 2 5,700,000 59 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity Jan 13 – 20

Sanibel

CONDOS

4 new listings: Sunset South #3D 2/2 $749.5K, Sanctuary Golf Village #1-1 2/2.5 $1.095M. By-the-Sea #B101 3/2 $1.299M, Atrium #106 2/2 $1.749M

1 price change: Pelicans Roost #302 2/2 now $1.149M.

2 back on market: Sunset South #10B 2/2 $650K, Gulfside Place #121 2/2 $1.425M.

2 new sales: Heron at The Sanctuary I #3-B 3/2.5 listed at $995K, Sealoft Village #107 2/2 listed at $999K (our listing).

1 closed sale: Royale Tern #303 3/3.5 $2.495M.

HOMES

16 new listings: 1672 Atlanta Plaza Dr 2/1 $520K, 1754 Windlass Way 2/2 $629.9K, 1948 Roseate Ln 2/2 $635K, 671 Rabbit Rd 3/2 $699K, 3941 Coquina Dr 3/2 $850K, 440 Lighthouse Way 3/3 $899.9K, 1447 Albatross Rd 3/2 $919K, 4144 West Gulf Dr 3/2 $1.095M, 1442 Sand Castle Rd 3/2 $1.299M, 1120 Olga Ave 3/2 $1.495M, 2294 Wulfert Rd 4/4 $1.55M, 645 Donax St 4/3 $1.577M, 999 East Gulf Dr #101 3/2.5 $1.54M, 566 N Yachtsman 3/2 $1.595M, 5235 Indian Ct 4/4 $2.495M, 3699 West Gulf Dr 6/4.5.5 $5.695M.

10 price changes: 214 Hurricane Ln 3/2 now $659K; 1314 Tahiti Dr 3/2 now $749K; 214 Palm Lake Dr 3/2.5 now $849K; 1031 Bird Watch Way 3/2 now $875K; 3060 West Gulf Dr 3/2 now $899K; 1986 Wild Lime Dr 3/2 now $899K; 4775 Rue Helene 4/3 now $1.125M; 1027 Kings Crown Dr 4/3 now $1,495,555; 664 Gopher Walk Way 4/3.5 now $1.699M; 851 Angel Wing Dr 5/4 now $1.795M.

1 back on market: 4208 West Gulf Dr 2/2 $849K.

7 new sales: 4733 Rue Belle Mr 3/3 listed at $895K, 4747 Rue Belle Mer 4/4 listed at $950K, 775 Pen Shell Dr 3/2 listed at $999K, 557 East Rocks Dr 4/3 listed at $999.9K, 241 Violet Dr 3/2.5 listed at $1.295M, 1008 Demere Ln 3/2 listed at $1.395M, 869 Limpet Dr 5/4 listed at $2.875M.

6 closed sales: 3008 Singing Wind Dr 2/2 $450K, 2499 Harbour Ln 3/3 $1.35M, 954 Whelk Dr 3/3 $1.5M, 791 Limpet Dr 4/4.5 $1.75M, 1543 San Carlos Bay Dr 4/4 $1.;76M, 1152 Golden Olive Ct 4/2 $1.85M

LOTS

1 new listing: 845 Pyrula Ave $650K.

No price changes or new sales.

1 closed sale: 2998 Singing Wind Cir $300K.

Captiva

CONDOS

Nothing to report.

HOMES

1 new listing:11516 Wightman Ln 5/4.5 $3.999M.

No price changes or new sales.

1 closed sale: 11523 Andy Rosse Ln 5/5.5 $4.45M.

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.

Until next Friday, Susan Andrews, aka SanibelSusan