Some were grumbling again this week (Monday through Wednesday) when waking up to temperatures in the low 40’s (degrees F) and chilly, though sun-shiny 60-degree days. Wearing coats and sweaters may no longer be the preferred dress, but it only took a glance at the New England weather those days to get out of the funk.
Since then, it’s been back to daytime temps in the mid- to high-70’s here, while the forecast for next week is back into the 80’s. Hooray! Great weather for those enjoying the islands and visiting on winter vacations.
Speaking of visitors, there again was noticeably more island traffic this week – more like the “high season” volume experienced before Hurricane Ian. Early Wednesday afternoon, I drove down Periwinkle (from East End to SanCap Bank) and saw backup the other direction from the 4-way stop at Lingren all the way to the bank. That was before workers usually leave the island. I returned home the back way and there was no traffic on the Gulf Drives, but the shared-use paths and roads had plenty of bikers.
There is bound to be even more traffic on Periwinkle the end of next week (March 5 through 7) when the 89th Annual Sanibel Shell Fair and Festival will be held at The Community House. Its hours are Thursday and Friday from 9 a.m. until 5 p.m. and Saturday from 9 a.m. to 4 p.m.
Best Family Beach Vacations in the U.S. for 2026
This week “U.S. News” travel section posted their list of recommended spots for best family beach vacations this year. Sanibel is on the list!
It describes a family beach vacation as: “Characterized by carefree days along the water, casual attire and an unhurried itinerary, beach vacations allow families to focus on quality time. To help you choose a beach destination for your next family vacation, U.S. News considered factors like safe waters, kid-friendly attractions, dining options, spacious accommodations and multigenerational appeal to determine the best family beach vacations in the U.S.”
The list of 18 spots includes Seaside FL, Anna Maria Island, Gulf Shores, Outer Banks, Destin, Kiawah Island, Hawaii – The Big Island, Hilton Head, Sanibel Island, Amelia Island, Cape May, Isle of Palms, Maui, Kennebunkport, Jekyll Island, Laguna Beach, Saugatuck, and Carmel-by-the-Sea.
Under “Why Go to Sanibel Island”, it says: “Florida’s Sanibel Island is a hit with kids for two reasons: The area’s beaches offer calm waters that are perfect for play, and the “Sanibel Stoop” will keep little ones occupied for hours as they search for shells and sand dollars on popular shelling beaches like Bowman’s and Blind Pass. Families can also look for animals like alligators and shorebirds along the 4-mile-long Wildlife Drive in J.N. “Ding” Darling National Wildlife Refuge. If you’re not yet convinced, remember that hotel deals are pretty easy to find here.”
New FinCEN Real Estate Reporting Obligation Begins March 1
With many real estate purchases on the islands being “cash” and in the name of a trust or LLC, a new FinCEN rule will apply often here. (FinCEN, Financial Crimes Enforcement Network, is a bureau of the U.S. Department of the Treasury. FinCEN’s mission is to safeguard the financial system from illicit activity, counter money laundering and the financing of terrorism, and promote national security through strategic use of financial authorities and the collection, analysis, and dissemination of financial intelligence.)
Florida Realtors has revised their sales contracts to address Closing Agent requests related to FinCEN and includes an obligation that the Buyer will pay costs and fees charged to prepare the FinCEN Real Estate Report. The updated contracts were posted on Florida Realtors Form Simplicity this morning, so you can be sure The SanibelSusan Team will uses the latest state-recommended forms. Here is the language that applies.
“FinCEN REAL ESTATE REPORTING OBLIGATION. Section 1010.821 of Chapter 31 of the Code of Federal Regulations (“CFR”) requires that certain residential real estate transactions without institutional lender financing, where at least one buyer/transferee is a legal entity, limited liability company, corporation, partnership, trust, trustee, or other non-natural person, must be reported (a “FinCEN Report”) to FinCEN beginning March 1, 2026. If this transaction requires completion of a FinCEN Report, then Seller and Buyer shall, no later than the day prior to Closing, provide Closing Agent with all information and documentation necessary to enable Closing Agent to complete the FinCEN Report. Such information and documentation includes, without limitation, full legal names, dates of birth, residential street addresses, and the IRS taxpayer identification number of the beneficial owners of the parties, as further defined and described in the CFR. Each party agrees to promptly provide and consents to Closing Agent’s collection and report of said information to FinCEN. Buyer shall pay all costs and fees charged by Closing Agent to prepare and file the FinCEN Report.”
Sanibel & Captiva Islands Association of Realtors
Yesterday a morning meeting at The Association of Realtors featured guest speaker, Jean Baer, co-owner/founder of Island Roots Farmers Markets (which now runs nine Lee County markets, including those on Sanibel and Captiva).
Following the meeting, there was a West-End Caravan with seven homes and a condo open for easy previewing.
Next Thursday, an East-End Caravan Meeting is scheduled with guest speaker, Tony Lapi, President & Chairman of the Board of Sanibel-Captiva Beach Resorts, which includes Tween Waters Inn and Marina, and the soon-to-open Beachview Villas.
Island Real Estate Scoop
Looking at the residential real estate activity posted in the SanCap MLS, since last Friday, there have been 11 new sales posted: nine Sanibel homes and two Sanibel condos.
During the same time, there were 21 new residential listings, one back-on-market, and 36 price changes.
On the commercial side, the business condo we have listed at 1640 Periwinkle Way, Lime Tree Center #4, was reduced today to $224K which is an amazing price for an all-new unit, ~987 sq. ft. The new occupant must be different from the other unit businesses which are vacation rentals, masseuse, and real estate sales. The unit next door #3 also is for sale and formerly was a veterinarian. Lime Tree Center, just east of Jerry’s Center, is a well-positioned easy-accessible building with plenty of open parking.
Below, with data from the island MLS are summary tables of the residential sales statistics, followed by the details of the MLS action reported this week.
| SANIBEL Residential | CONDOS | HOMES | LOTS | |||||||
| # | Avg Price | DOM | # | Avg Price | DOM | # | Avg Price | DOM | ||
| For sale | 186 | 1,043,879 | 176 | 246 | 1,650,563 | 127 | 53 | 1,717,639 | 270 | |
| Under contract | 20 | 737,020 | 236 | 42 | 1,618,872 | 138 | 1 | 900,000 | 426 | |
| Sold to 2/27/2026 | 11 | 752,272 | 151 | 34 | 2,078,919 | 143 | 5 | 341,000 | 199 | |
| Sold 2025 | 104 | 755,564 | 153 | 159 | 1,291,016 | 140 | 7 | 952,857 | 252 | |
| Sold 2024 | 75 | 818,493 | 117 | 165 | 1,472,757 | 114 | 15 | 1,403,533 | 192 | |
| Sold 2023 | 98 | 955,261 | 65 | 263 | 1,267,390 | 73 | 24 | 920,645 | 76 | |
| CAPTIVA Residential | CONDOS | HOMES | LOTS | ||||||
| # | Avg Price | DOM | # | Avg Price | DOM | # | Avg Price | DOM | |
| For sale | 51 | 1,415,909 | 207 | 29 | 6,721,793 | 230 | 3 | 10,166,666 | 471 |
| Under contract | 6 | 909,333 | 170 | 3 | 3,583,333 | 380 | 0 | N/A | N/A |
| Sold to 2/27/2026 | 5 | 1,133,000 | 154 | 1 | 7,500,000 | 51 | 0 | N/A | N/A |
| Sold 2025 | 16 | 931,187 | 214 | 12 | 2,480,375 | 90 | 0 | N/A | N/A |
| Sold 2024 | 13 | 1,728,846 | 185 | 8 | 4,887,187 | 182 | 0 | N/A | N/A |
| Sold 2023 | 17 | 834,176 | 98 | 17 | 2,716,647 | 70 | 0 | N/A | N/A |
Sanibel & Captiva Islands Multiple Listing Service Activity Feb 20-27
Sanibel
CONDOS
10 new listings: Captains Walk #E4 2/1.5 $349K, Cottage Colony West #101 1/1 $485K, Blind Pass #A201 2/2 $500K, By-the-Sea #B202 2/2 $500K, Mariner Pointe #1051 2/2 $588K, Compass Point #243 2/2 $759.9K, Shell Island Beach Club #7A 2/2 $849K, Heron at The Sanctuary II #1-B 3/2.5 $995K, Sundial #O201 3/2 $1.120M, Sunset South #5C 2/2 $1.45M.
13 price changes: Captains Walk #A3 1/1 now $299K, Spanish Cay #B3 2/2 now $425K, Blind Pass #B101 2/2 now $599K, Lighthouse Point #124 3/2 now $649K, Sanibel Arms West #G7 2/2 now $699K, Villa Sanibel #3D 2/2 now $799K, Kings Crown #212 2/2 now $840K, Sunset South #3D 2/2 now $875K, Oceans Reach #4A2 2/2 now $899K, White Sands #13 2/2 now $1.069M, Gulf Beach #203 2/2 now $1.095M, Gulf Beach #204 2/2 now $1.095M, Nutmeg Village #309 2/2 now $1.1M.
2 new sales: Sundial #G306 1/1 listed for $575K, Sanddollar #C103 3/2 listed for $1.195M.
1 closed sale: Sanibel Siesta #207 2/2 $650K.
HOMES
7 new listings: 1550 Centre St 3/2 $799K, 1360 Jamaica Dr 3/3 $1.495M, 5703 San-Cap Rd 3/2.5 $1.65M, 3354 Barra Cir 3/3 $1.824M, 1126 Harbour Cottage Ct 3/2 $2.099M, 528 Lighthouse Way 5/5.5 $4.5M, 3767 West Gulf Dr 5/4.5 $9.45M.
19 price changes: 1812 Ibis Ln 2/2 now $395K, 996 Greenwood Ct N (1/2 duplex) 3/3 now $739K, 1448 Albatross Rd 3/2 now $799K, 220 Palm Lake Dr 3/3 now $899,999; 1637 Sabal Sands Rd 3/2 now $939K, 720 Durion Ct 4/3 now $975K, 9127 Mockingbird Dr 4/3 now $1.245M, 1550 Wilton Ln 3/2.5 now $1.25M, 821 Lindgren Blvd 3/3 now $1.439M, 979 Whelk Dr 3/3 now $1.55M, 2480 Library Way 3/3 now $1.595M, 985 Oyster Ct 5/4 now $1.998M, 6407 Pine Ave 3/2 now $1.999M, 970 Victoria Way 3/3.5 now $2.25M, 924 Kings Crown Dr 4/3 now $2.75M, 1157 Bird Ln 3/3.5 now $2.999M, 411 Bella Vista Way E 4/4 now $3.2M, 1490 Angel Dr 4/3 now $3.38M, 431 Bella Vista Way E 5/4 now $3.59M.
9 new sales: 2162 Egret Cir 3/2 listed for $459K, 1651 Sand Castle Rd (1/2 duplex) 3.2,5 listed for $599K, 4245 Gulf Pines Dr 3/2 listed for $899K, 946 Whelk Dr 3/2.5 listed for $1.295M, 2449 Harbour Ln 2/2 listed for $1.375M, 2337 Wulfert Rd 4/3 listed for $1.589M, 739 Anchor Dr 3/2 listed for $1.695M, 2312 Starfish Ln 4/3.5 listed for $1.995M, 4257 West Gulf Dr 4/4.5 listed for $9.95M.
4 closed sales: 1390 Middle Gulf Dr E (1/2 duplex) 3/3 $625K, 1730 Middle Gulf Dr 3/2 $700K, 1202 Sand Castle Rd 4/2.5 $935K, 454 Sea Oats Dr 3/3 $1.44M.
LOTS
1 new listing: 2486 Wulfert Rd $299,999.
1 price change: 1321 Seaspray Ln now $799K.
No new sales.
1 closed sale: 2453 Wulfert Rd $260K.
CAPTIVA
CONDOS
3 new listings: Bayside Villas #4122 1/2 $295K, Tennis Villas #3124 1/1 $335K, Gulf Beach Villas #2030 3/2 $1.5M.
2 price changes: Lands End Village #1602 3/3 now $2.494M, Captiva Bay Villas #2 3/3.5 now $3.575M.
No new or closed sales.
HOMES
No new listings.
1 back-on-market: 16979 Captiva Dr 7/7.5 $6.7M.
1 price change: 16500 Captiva Dr 6/6.5 now $6.65M.
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 in or participated in these transactions.
Enjoy your weekend, Susan Andrews, aka SanibelSusan



























































