Sanibel Is Opening Slowly… Just in Time for Memorial Day


This week brought the first of the islands’ good summer showers which already have greened things up and affected some of the bright orange blooms on the big Royal Poinciana trees that are so spectacular here in May.

Also spectacular is the color of the gulf and bay waters. Though that changes when the rainy season begins and things get stirred up, this week many islanders remarked that driving across the causeway looks like a Caribbean postcard. (This photo was gulf side yesterday.)

Today is another quiet Friday at SanibelSusan Realty, but the island could get busier soon. Check out the scoop below about the City Council Meeting yesterday. After that is info about the action this week in the Sanibel & Captiva Islands Multiple Listing Service.

Sanibel Emergency Proclamation Extended

As background on City openings, on Tuesday, Sanibel’s Mayor extended the City’s Emergency Proclamation another seven days – or until May 26. The following three changes were part of the updated Proclamation which may be read on http://www.MySanibel.com.

  • The temporary parking restrictions at Pond Apple Park (1380 Periwinkle Way) and at The Chamber of Commerce Visitor Center (1159 Causeway Rd) are lifted.
  • Earlier restrictions on beach/pool chairs/equipment were modified to allow chair/equipment in the same percentage as the occupancy allowed (for example, hotels/resorts/timeshares approved for 50% occupancy may provide for guest use the same amount of chairs/equipment).
  • Additionally, the 227 units in the on-site resort rental program at Sundial were added to the hotel/resort/timeshare list based on their recent receipt of a motel license from Florida Division of Business & Professional Regulation.

So, Sanibel’s pay-parking lots remain closed through the Memorial Day holiday (will reopen June 1, unless there is another change). At that time, vacation rentals remained limited to 30 days or longer, except those properties with licenses as hotels/resorts/timeshares which may rent up to 50% occupancy (with safety precautions and with guests from COVID hotspots not allowed).

I ventured into a couple of off-island Publix this week and was surprised to find few patrons wearing masks and adhering to the social distancing precautions. At Bailey’s, they continue to provide a mask if you do not have one.

Sanibel Opens Vacation Rentals, With Restrictions & Exceptions

Last Friday afternoon, Gov. Ron DeSantis announced that beginning this past Monday, Florida was in full Phase One of reopening. Full Phase One includes a stipulation that vacation rentals can reopen on a county-by-county basis as long as the county submits a plan to Florida Department of Business and Professional Regulation, and it is approved by the secretary of DBPR. As of today, in just a week’s time, 26 Florida countries have received state approval for vacation rentals.

The plan was unanimously approved by the Lee County Commission on Tuesday and later in the week Lee County’s Safety Plan received state approval. Those plan details say:

  • Vacation rentals should open and operate for in-state reservations only (i.e. only Florida residents).
  • Short-term rental properties should prohibit rentals to persons traveling internationally or from a state or locality with a substantial community spread of COVID-19.
  • Short-term rental properties should maintain 72 hours between guest check-ins to allow for effective cleaning and disinfecting of the rental unit.
  • Short-term rental properties shall thoroughly clean and disinfect the property between rentals following CDC guidelines. cdc.gov/…/2019-ncov/community/disinfecting-building-fac…
  • Short-term rentals shall post signage in all units detailing cleaning and sanitation procedure.

The county plan was revised and approved by the state to restrict vacation rentals to residents of states that have less than 700 COVID-19 cases per 100,000 residents. That currently means residents of Connecticut, Delaware, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, and Rhode Island are prohibited.

Those changes resulted in a Sanibel City Council Meeting yesterday afternoon which unanimously adopted the county plan.

During further Council discussion yesterday, regarding face masks, a motion to make them mandatory in public places (where social distancing cannot be done) was defeated 3-2, but a motion passed that recommends them, following the CDC requirements regarding face coverings. Those details were posted on www.MySanibel last night.

Things in Florida seem to be moving at a steady pace in the Full Phase One Reopening with places like gyms and fitness centers opening back up, and more people going into restaurants and stores. The latest breaking news was the Governor’s announcement that he will be lifting all restrictions on youth activities such as summer camps and youth sports. Hopefully, this will begin to provide some relief to both parents and kids as everyone settles into a new normal. The last day for Lee County Schools is right around the corner, June 3.

Sanibel & Captiva Islands Multiple Listing Service Activity May 15-22, 2020

Sanibel

CONDOS

4 new listings: Sanibel Siesta #302 2/2 $699K, Sandpiper Beach #202 2/2 $789K, Yacht Haven #4 3/2 $895K, Sayana #103 2/2 $948.5K.

No price changes.

3 new sales: Casa Blanca #6 1/1 listed at $353K, Blind Pass #B205 2/2.5 listed at $469K, Sand Pointe #131 2/2 listed at $729K.

3 closed sales: Sandy Bend #7 2/2 $790K, Gulfside Place #221 2/2 $1.05M, Cyprina Beach #1 3/3 $1.36M.

HOMES

1 new listing: 1170 Buttonwood Ln 4/2 $899K.

6 price changes: 1567 Sand Castle Rd 3/3 now $670K, 701 Nerita St 3/2 now $698K, 1031 Sand Castle Rd 3/3 now $699K, 1978 Roseate Ln 3/2 now $719K, 1285 Par View Dr 4/2.5 now $789K, 4577 Waters Edge Ln 4/3 now $3.095M.

10 new sales: 1667 Atlanta Plaza Dr 2/1.5 listed at $439K, 954 Donax St 3/3 listed at $525K, 1339 Tahiti Dr 3/2 duplex listed at $525K, 1826 Ardsley Way 4/3 listed at $625K, 1021 Sand Castle Rd 2/2 listed at $694.5K, 1828 Farm Trl 3/2 listed at $695K, 1271 Par View Dr 3/3 listed at $899K, 2154 Starfish Ln 3/3 listed at $1.399M, 6071 Sanibel-Captiva Rd 5/4.5 listed at $1.75M, 5044 Joewood Dr 4/4.5 listed at $2.15M.

2 closed sales: 730 Cardium St 2/2 $491.5K, 5842 Pine Tree Dr 3/2 $925K.

LOTS

No new listings or price changes.

3 new sales: 6411 Pine Ave listed at $329K, 6419 Pine Ave listed at $889K, 6053 Sanibel-Captiva Rd listed at $1.195M.

No closed sales.

Captiva

CONDOS

No new listings.

1 price change: Seabreeze #1253 3/3 now $1.545M.

1 new sale: Beach Villas #2227 1/1 listed at $539K.

1 closed sale: Captiva Shores #8B 3/2.5 $1.125M.

HOMES

No new listings or price changes.

1 new sale: 13500 Palmflower Ln 4/4 listed at $2.695M.

1 closed sale: 11542 Wightman Ln 5/5 $3.08M.

LOTS

No new listings, price changes, new or closed sales.

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.

Below is our ad from today’s “Island Sun”.

Enjoy your Memorial Day weekend.

Rain is expected here on Monday, but we need it & afternoon showers will soon be our norm.

Susan Andrews, aka SanibelSusan

Almost Mothers’ Day Weekend on Sunny Sanibel


IMG_6492
It has been another quiet week on Sanibel and at SanibelSusan Realty. Island traffic last weekend was heavy, mostly from stir-crazy day-trippers wanting changes of scenery. With only Bowman’s Beach and the causeway islands open for parking, they were jammed both Saturday and Sunday with many vehicles and many people. Island locals also reported that Sanibel’s resident lots often were full of out-of-state vehicles without parking stickers. Those ticketing stayed busy.
Sanibelcityseal logoOn Tuesday, City Council met for their regularly scheduled meeting, but delayed further discussion on beach parking and short-term vacation rentals/accommodations restrictions until a special meeting coming up on Tues, May 12 at 2 p.m. That is the day that Sanibel’s current State of Emergency Proclamation ends. City Council hopes that more data will be available by then, and more direction from Florida’s governor and the county.
(If you want to listen during the upcoming meeting or hear the audio from a past one, go to MySanibel.com & look under Agendas & Minutes.) 
A few island restaurants and retail shops have reopened following recommended guidelines. During the week, I have not seen many vehicles at these locations though, so it may be that the public remains wary. Probably rightfullysince testing here has been limited.
On Monday, free Covid-19 testing began on a first-come first-served basis at the Minnesota Twins Stadium. The site is performing 400 tests a day until they run out. The news reports that the wait is hours long. As of this morning, Sanibel’s confirmed cases are 11.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoI got a call this week from our local Association of Realtors® President. He was querying our brokers to see how we are handling business through the pandemic. The Association office has been closed for weeks, but staff is working from home and meetings are happening through Zoom technology. He said the office likely will remain closed until the end of the month unless state guidelines are lessened. 
FISH logoThis week, the Communications and Public Relations Committee issued a challenge for members to donate food goods to F.I.S.H. of San-Cap. It kicked off with a committee member challenging three other Association members via Facebook with those challenged to challenge three others. Photos are posted as contributions are delivered.
Yesterday, I was challenged by Affiliate Member Angie Roehl with Rosier Insurance. So, though Bailey’s home delivery has been bringing my groceries for weeks, my mask and I ventured out last night for “real” shopping. Teammate Elise and I delivered the resulting four bags of staples to the food pantry this morning, then I challenged three other Realtors®.
Regarding open houses and showings, safety is key. So many, like us, are using alternative marketing approaches like our streaming videos. Last Sunday I was contacted by an agent who Skyped our bayfront listing from the water (in her boat). clean hands save livesHer prospect liked seeing the exterior, so asked to also see inside. So, I met her there later so she could Skype the interior. It was more time-consuming than an actual showing since the property is empty, so she had verbalize details – but it worked. Her prospects are coming to view in person in a couple of weeks.

Florida’s Remote Notary Law

Florida Realtors logoFrom FloridaRealtor® magazine, May 2020:
“Social-distance closings.
“Remote notarizations became legal in Florida on January 1. That means buyers and sellers can close on a home without being in the same room. It’s also a powerful tool during the COVID-19 pandemic to maintain the real estate market while also honoring orders for social distancing that keep people at least 6-feet apart.
“However, the details of a remote-notarization closing should be worked out beforehand, since not all notaries are authorized to conduct remote notarizations. In addition, lenders might refuse to accept remote notarizations, and buyers who secured a loan through one of those companies must still be present at closing.
“Under the remote-notarization law, Florida notaries must register with the state as an online notary before they’re authorized to do so. In addition to posting a $25,000 bond, they must also have $25,000 of errors and omissions (E&O) insurance and complete a two-hour course.
“Once authorized by the state, they must also have the designation of a remote online notary provider, who acts as a digital liaison between remote buyers and sellers in the transaction. Not all notaries have done so and some may decide not to take these additional steps.
“How It Works: E-notaries electronically affix signatures and notary sales in an electronic document such as a PDF or Word document. The document is then instantly and securely transmittable. Remote notaries are authorized to provide a similar service to parties in separate locations via the internet, using digital tools and a live audio/video connection versus electronic notary, where physical presence is required by law.”

At SanibelSusan Realty

OfficeBikePathTeammates Dave and Lisa are at home, while I have been manning the office with Teammate Elise covering three mornings again this week. Our team communication continues by email and text, which is not unlike our normal work routine.
Several SanibelSusan blog followers – some near and far – contributed recipes to my “SanibelSusan and Facebook Friends Social-Distancing Together Cookbook – April 2020”. It went to the printer on Wed and should be ready in about two weeks. It was a fun project amid the month’s uncertainty.
The action posted in the Sanibel/Captiva MLS since last Friday is below. There were a few sales! 

Sanibel & Captiva Islands Multiple Listing Service realtor-mlsActivity May 1-8, 2020

Sanibel
CONDOS 
2 new listings: Mariner Pointe #732 2/2 $565.9K, Kings Crown #306 2/2 $868.5K. 
3 price changes: Colonnades #13 1/1 now $305K, Casa Blanca #6 1/1 now $353K; Mariner Pointe #952 1/1 now $388,990.  
2 new sales: Sundial #D403 1/1 listed at $529K, Kings Crown #112 2/2 listed at $679K.
4 closed sales: Sanibel Arms West #B4 2/2 $535K, Sanibel Arms West #H5 2/2 $539K, By-The-Sea #C101 2/2 $1.1M, Gulfside Place #326 2/2 $1.2M.   
HOMES
5 new listings: 2100 Sunset Cir 3/2 $729,555; 9484 Peaceful Dr 3/3 $835K; 734 Anchor Dr 3/2 $899K; 9441 Peaceful Dr 3/3.5 $1.05M; 4629 Rue Bayou 5/3 $1.295M.
1 price change: 9036 Mockingbird Dr 3/2 now $649,999.
3 new sales: 550 Leather Fern Pl 3/2 listed at $629K, 5419 Osprey Ct 3/3.5 listed at $1.095M, 769 Pyrula Ave 3/3.5 listed at $1.395M. 
6 closed sales: 743 Windlass Way 3/2 $505K, 678 Durion Ct 3/2 $580K, 1717 Sand Pebble Way 3/2 $600K, 9057 Mockingbird Dr 4/2 $650K, 1085 Sand Castle Rd 3/2 $686K, 500 Sawgrass Pl 8/8/3 $2M. 
LOTS
No new listings.
4 price changes: 2372 Wulfert Rd now $147.5K, 5642 Baltusrol Ct now $327.5K, 5648 Baltusrol Ct now 328.5K, 1048 Fish Crow Rd now $375K.
No new or closed sales.
Captiva
CONDOS
No new listings or price changes.
1 new sale: Captiva Shores #8B 3/2.5 listed at $1.199M.
No closed sales
HOMES
No new listings or price changes
2 new sales: 15879 Captiva Dr 3/3 listed at $2.389M, 15843 Captiva Dr 3/3 listed at $7.489M.
No closed sales.
LOTS
No new listings, price changes, new or closed sales.
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.
Below is our ad from today’s “Island Sun”, hoping to attract some Mothers’ Day buyers.
ISN 050820
Mothers Day tulipSanibel is expecting some much-needed rain on Sunday!
Enjoy your weekend!
Susan Andrews, aka SanibelSusan

Don’t Forget to Spring Ahead… Island Life is Better Longer With Sunshiney Evenings!


West Gulf Drive beach this week!

It’s Susan and rather than report about how wonderful the weather is on the islands again this week, I am going to give a special shout-out to the two gals who stopped into the office Wed and thanked me for writing my weekly blogs. (Thank you, June and Kelly (and your friend Katherine). Your kind words are much appreciated.)

These blogs evolved from my team’s Friday updates to our sellers. Some years ago, when a seller’s property sold, she said, “but I like getting those weekly updates, can I still get them?” So since then, I have called it my real estate therapy to create these Friday blogs. Through the week, as part of our efforts to keep our clients informed, I watch for items that may be of interest and compile the newsy part. Then on Thursdays and Fridays, teammate Elise adds the Multiple Listing Service part. We all contribute to the feedback from showings and Open Houses; then, once teammate Dave provides his 2-cents worth, Elise sends an email that we call our “Friday Update” to all who have their property listed with us.

Then, I strip out the personal info about the property inquiries and feedback and the details if any new sales are contingent. After adding a few photos, graphics, clip art, and links, I then upload the post to WordPress. That is where our website is hosted and where the blog gets published on the internet and syndicated to LinkedIn, Facebook, and Twitter where it has a few thousand followers.

Sometimes the posts get comments, but usually those only occur if it is a busy Friday and the blog is posted late (after 5 p.m.) and readers send messages asking where it is. In two more weeks, I will have posted my 500th weekly bog.

Followers, by far, come from the United States (4,505), followed by Canada (97), United Kingdom (81), Germany (57), and France (18). Since I also have a page for each of our listings on our website, we also can track what listings get attention via the blog too. That tracking is similar to how we can see who looks at our listings through our Multiple Listing System with syndication to Realtor.com, Zillow, etc. And, ListHub, where we can syndicate to up to 81 additional real estate search engines, plus WorldProperties.com where our listings are translated into 45 different languages thanks to my TRC (Transnational Referral Certification).

It’s all about the internet these days, except when visitors are on the islands. That’s when they relax and usually want to do things the old-fashioned way.

Island Happenings

It is a good indication of high season when we hear that some of the many upcoming ticketed island events are sold out. Even if they are, if you are interested in one of them, I encourage you to put your name on a wait list or hope for a last-minute cancellation.

Shell Fair – The 83rd Annual Sanibel Shell Festival which began yesterday at The Community House always has room for more visitors, but it makes for slow going past SanibelSusan Realty through tomorrow. We are ready to deliver keys and/or open properties for showings if it helps our colleagues. After our closing yesterday, I delivered keys and commission checks from the title company to the selling office up the street. His support staff got such a kick out of it. Whatever it takes to get the deals done, we are happy to help!

Spring Concerts – Speaking of tickets, it is not too soon to get your tickets for the BIG ARTS Community Chorus Spring Concerts, which will be April 1 and 2 in the new performance hall. Our accompanist, Erik Entwistle, has composed a new piece which will be premiered at the concerts. It got a wonderful write-up in the new issue of “Times of the Islands”. Called “Build A Nest”, the song is a celebration of the islands’ sea turtles and the many volunteers that help them. Here is a link to the article:

https://toti.timesoftheislands.com/dm/2020/mar-apr#page/125

Real Estate Is Selling

In a 4-week period in “high season”, we like to see at least 30 condo and 30 home sales with a few lot sales sprinkled in. Over the last four weeks, like much of the last year, more homes sold than condos, and unfortunately not a single Sanibel lot sold in February.

Below is a summary from the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service showing the islands’ real estate inventory today and sales to-date this year. Teammate Elise says if anyone wants to know how many price reductions there have been so far this year, “there were too many”. There were 228 on Sanibel and 22 on Captiva, with more being posted every day. With only five more weeks of ‘high season” remaining, there likely will be more.

Inventory remains high for the time of the year, but that means more choices for the prospects looking over the next few weeks.

Sanibel Condos Homes Lots
# Avg Price $ # Avg Price $ # Avg Price $
For sale 3/6/2020 131 843,259 204 1,450,665 77 681,165
Under contract 22 766,455 46 1,183,078 3 1,056,333
Sold this year 29 684,592 39 986,842 2 1,434,333
Sold last year 127 694,392 211 949,790 15 372,200

 

Captiva Condos Homes Lots
# Avg Price $ # Avg Price $ # Avg Price $
For sale 3/6/2020   47 1,143,911   48 3,056,354   3 3,563,000
Under contract 4 1,368,225 2 6,400,000 2 3,399,500
Sold this year 5 688,800 5 2,863,600 0 N/A
Sold last year 29 1,037,077 17 2,737,503 1 1,375,000

Sea Turtle Nesting Season Begins

As a reminder, sea turtle nesting season in south Florida began March 1. It is usually not until April that the turtle volunteers start scouring the beaches each morning looking for evidence of a mama coming ashore to lay her eggs. More info on the SCCF (Sanibel-Captiva Conservation Foundation) Sea Turtle Program at http://sccf.org/our-work/sea-turtles In the meantime, please help keep our beaches sea turtle friendly:

Sea turtle nest

  • Turn off or shield all lights that are visible from the beach. Do not use flashlights or cell phone lights on the beach. If necessary, use amber or red LED bulbs.
  • Do not disturb the screens covering nests. They prevent predators from eating the eggs and the hatchlings emerge through the holes without assistance.
  • Remove all beach furniture and equipment from the beach at night.
  • Dispose of fishing line properly to avoid wildlife entanglement.
  • Fill in large holes that can trap hatchlings and nesting sea turtles.
  • Do not disturb nesting turtles – please do not to get too close, shine lights on, or take flash photos of nesting sea turtles.
  • Pick up litter.

Sanibel & Captiva Islands Multiple Listing Service Activity February 28-March 6, 2020

Sanibel

CONDOS

4 new listings: Colonnades #C3 1/1 $279K, Sand Pointe #132 2/2 $709K, Sanctuary Golf Villages I #5-4 3/3 $790K, Kings Crown #110 2/2 $795K.

8 price changes: Sanibel Arms #B1 1/1 now $439.9K, Sand Pointe #227 2/2 now $719K, Island Beach Club #310A 2/2 now $739K, Oceans Reach #4C1 2/2 now $849K, Oceans Reach #4D1 2/2 now $859K, Blue Gulf #201 3/2 now $1.199M, Sunward #201 3/2 now $1.299M, High Tide #B302 3/2 now $2.295M.

6 new sales: Seashells #3 2/2 listed at $469.5K, Sundial #C210 1/1 listed at $485K, Sanibel Arms West #I7 2/2 listed at $579K, Sunset South #2C 2/2 listed at $599K, Gulfside Place #221 2/2 listed at $1.179M, Gulfside Place #214 2/2 listed at $1.28M.

2 closed sales: Sundial #A306 1/1 $720K, Anglers Key #202 3/3 $2.045M.

HOMES

5 new listings: 4606 Brainard Bayou Rd 2/2 $479K, 1573 Sand Castle Rd 3/2 $585K, 1326 Tahiti Dr 2/2 $797.5K, 660 Durion Ct 3/2 $895K, 3615 West Gulf Dr 3/2 $2.995M.

21 price changes: 1890 Farm Trl 3/2 now $555.4K; 9418 Moonlight Dr 3/2 now $689K; 4339 Gulf Pines Dr 3/2 now $695K; 1978 Roseate Ln 3/2 now $727.5K; 5834 Pine Tree Dr 2/2 now $749,555; 1223 Par View Dr 3/2 now $749.9K; 1676 Middle Gulf Dr 3/2 now $799,999; 1220 Sand Castle Rd 3/2.5 now $825K; 1589 Sand Castle Rd 3/3 now $877K; 4345 Gulf Pines Dr 4/4 now $895K; 770 Conch Ct 3/2 now $899K; 1271 Par View Dr 3/3 now $929K; 1437 Causey Ct 3/2.5 now $985K; 261 Ferry Landing 2/2 half-duplex now $995K; 1667 Venus Dr 3/2 now $1.02M; 355 East Gulf Dr 3/2 now $1.095M; 550 N. Yachtsman Dr 4/3 now $1.275M; 2284 Troon Ct 4/4.5 now $1.799M; 418 Bella Vista Way 4/4 now $1.99M; 2460 Harbour Ln 3/3 now $1.999M; 4701 Rue Belle Mer 4/5 now $3.395M.

9 new sales: 4245 Gulf Pines Dr 3/2 listed at $675K, 1014 S. Yachtsman Dr 3/3 listed at 710K, 500 Sea Oats Dr 3/2 listed at $739.9K, 1501 Sand Castle Rd 5/3.5 listed at $879K, 3358 Saint Kilda Rd 3/3 listed at $1.047M, 3851 Coquina Dr 3/2.5 listed at $1.389M, 1230 Bay Dr 3/2 listed at $1.619M, 4709 Rue Belle Mer 3/2 listed at $2.999M, 4143 West Gulf Dr 3/3.5 listed at $5.1M.

8 closed sales: 4619 Brainard Bayou Rd 3/2 $552K, 970 Black Skimmer Way 2/2 $592.5K, 1740 Middle Gulf Dr 4/3 $640K, 247 Christofer Ct 3/2 $700K, 257 Daniel Dr 3/2 $735K, 592 Sea Oats Dr 3/2 $975K, 911 S. Yachtsman Dr 3/3 $1.13M, 842 Limpet Dr 3/3.5 $1.9M (our Seller).

We’re gonna miss this house. From the backyard of our listing that sold this week at 842 Limpet Dr.

LOTS

2 new listings: 2095 Wild Lime Dr $269K, 1159 Golden Olive Ct $1.685M.

3 price changes: 3013 Poinciana Cir now $219K, 667 Birdie View Pt now $329K, 6141 Starling Way now $897K.

No new or closed sales.

Captiva

CONDOS

2 new listings: Captiva Shores #C6 2/2 $1.019M, Lands End Village #1637 2/2 $1.495M.

2 price changes: Bayside Villas #5104 1/2 now $400K, Lands End Village #1667 2/2 now $1.175M.

No new or closed sales

HOMES

1 new listing: 6 Sunset Captiva Ln 2/2 $2.695M.

2 price changes: 15147 Captiva Ln 6/5.5 now $4.3M, 956 South Seas Plantation Rd 6/6 now $5.25M.

No new or closed sales.

LOTS

No new listings or price changes.

1 new sale: 15295 Captiva Dr listed at $899K.

No new or closed sales.

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

From Orlando to Sanibel Island


Below is an update from the leadership team meetings I attended this week at Florida Realtors®, followed by an article with info about seniors, and then the Sanibel & Captiva Islands Multiple Listing Service activity since last Friday.

SanibelSusan’s Report from Florida Realtors®

It has been a busy three days in Orlando with the Florida Realtors® leadership team at the Renaissance at Sea World.

Wednesday was the all-day instructor auditions where 57 prospective instructors tried out before seven rooms of panelists. First a teacher must be approved to become a member of Florida Realtors® faculty. Then, they must audition again for each class they want to instruct. With this many, it was a long, but productive day. Serving as a panelist is rewarding, in many ways.

That night, Sanibel & Captiva Islands Association of Realtors won three state RPAC awards.

Yesterday, at the 2020 Florida Real Estate Trends presentation, I heard Florida Realtors Chief Economist Dr Brad O’Connor and Dr Sean Snaith who is Director of the University of Central Florida’s Institute for Economic Forecasting. If you are thinking that these statistical guys were boring, think again. Not only did they make looking at numbers fun, their outlooks for Florida are bright.

Dr Snaith’s big concern is the $23+trillion national debt. 27% of that debt is in intra government holdings including Social Security’s trust fund and the Federal Reserve Bank. The Social Security fund has surplus right now because so many baby boomers are still working and paying in. This surplus will go away, likely meaning that $5 trillion in debt will need to be absorbed by the government.

Comparing U.S. debt to other countries, remember the Greek crisis in 2010, that is still felt there today? Their total debt was $380 billion. (Ours in a single quarter is greater than that.)

Now for the good news. Business stimulus from the Trump administration has boosted investment, which boosts productivity, which boosts wages and salaries. Regulation relief also has reduced GDP an average of 2% a year. The regulations in the 70’s doubled GDP then. We all know regulations are needed, but consideration is needed on how they affect the economy and their unintended consequences. Dr Snaith said, “the secret sauce to economic growth is productivity” which increases with less regulation.

Regarding trade, he said, “though it had been the longest recovery in U.S. economic history, any way you look at it, our labor market is strong.” He expects no Federal rate change in 2020, while U.S. economy continues to grow. The momentum is strong with Florida’s economy better than the national average since 2012.

Unemployment here is just 3.3% with Florida business expected to continue to grow, particularly in areas of professional and business, hospitality, and health services.

Fastest growing area in the nation is The Villages (in Florida). The Ft Myers area is 7th fastest growing in the country. Naples/Marco Island area is 19th.

Nation wide, real estate sales to foreign buyers is down 30%, but domestic buyers are picking up the slack. Overall, the economists expect 2020 to be very good to Florida.

Last night was the installation of 2020 officers and inaugural banquet.

At Florida Realtors, so far today, I attended the Professional Development Committee meeting (where our new instructors and classes were officially approved) and the Legal & Professional Update by Florida Realtors attorneys.

Next up are our District meeting and RPAC Jamboree. 

No Place Like Home

Seniors have lots of options to adapt their homes without a major remodel. The following was extracted from the January-February 2020 issue of “Realtor®” magazine:

“A lot of older adults aren’t going anywhere. Even the pools, gyms, coffee bars, and cooking classes at many senior living communities can’t persuade some to sell the house where they raised their families and accumulated a lifetime of memories and possessions. A full 76% of Americans age 50 and older say they want to remain at home throughout their golden years according to an AARP survey. So what are the smartest decisions people can make in pursuit of that goal?

“Most experts say anyone 55 years and older should plan their future living situation long before they have difficulty climbing stairs or stepping into a bathtub. Too often, people make changes in where they live only after a crisis like a serious fall or stroke – which compounds the stress on them and their family. A new category of home auditors can help clients analyze which modifications can be the most helpful. Daniel Edwards, owner of the Handyman Connection in Hanover, Pass., is developing a program to train people to conduct an aging-in-place analysis that includes a checklist of options.

“The movement to age is place is gaining attention from real estate practitioners and a bevy of other professionals, from designers and architects to health care advisors schooled in accessible design…. There are now “living laboratory” homes that allow people to see possibilities first-hand…. 

Design Modifications – Better Living design in Asheville, NC, and architect Jeffrey DeMure, author of Livable Design, recommend four steps to improve existing homes: putting essential spaces on a main level, including a first-floor bedroom; creating a zero-step entry; ensuring good interior air circulation; and improving kitchens and bathrooms….

Home Products – Apart from architectural and design changes, new products can make most facets of life easier for older homeowners. A stair or chair lift provides a relatively easy, affordable way to get to a 2nd or 3rd floor in a multilevel home or apartment…. And although remodeling a bathroom can become expensive… switching out a tub for a curbless shower with a bench is affordable and helps “avoid an accident waiting to happen”…. A heat lamp in a bathroom helps older adults cope with the common problem of feeling cold…. The latest technology – robotic vacuums and lawnmowers, security systems, and smart-home devices that control lighting and temperature – are also assets for coping with aging’s challenges….”

Sanibel & Captiva Islands Multiple Listing Service Activity January 17-24, 2020

Sanibel

CONDOS

4 new listings: Spanish Cay #H6 2/2 $549K, Loggerhead Cay 2/2 #542 $739K, Loggerhead Cay #191 2/2 $770K, Tarpon Beach #207 2/2 $1.099M (our listing).

5 price changes: Spanish Cay #F8 2/2 now $379K, Sandpebble #2F 2/2 now $439K, Loggerhead Cay #351 2/2 now $537K, Loggerhead Cay #223 2/2 now $597K, Pointe Santo #A1 2/2 now $875K.

4 new sales: Sanibel Moorings #311 2/2 listed at $599K, Loggerhead Cay #553 2/2 listed at $679K, Sundial #K103 2/2 listed are $889K, Plantation Village #312 3/2.5 listed at $1.44M.

4 closed sales: Sundial #H211 1/1 $360K, Ibis at The Sanctuary #B102 2/2 $468.5K, Sanibel Moorings #821 2/2 $575K, Compass Point #181 2/3 $1.175M.

HOMES

9 new listings: 560 Piedmont Rd 3/2 $460K, 1764 Bunting Ln 2/2 $489K, 9426 Beverly Ln 3/2 $599K, 6141 Henderson Rd 3/2 $675K, 4455 Gulf Pines Dr 3/2 $738K, 201 Violet Dr 3/2 $949K, 1437 Causey Ct 3/2.5 $1.05M, 790 Beach Rd 4/3.5 $1.449M, 6014 White Heron Ln 3/3.5 $1.749M.

13 price changes: 1027 Sand Castle Rd 2/2 now $474K, 730 Cardium St 2/2 now $569K, 1717 Sand Pebble way 3/2 now $629K, 4245 Gulf Pines Dr 3/2 now $675K, 701 Nerita St 3/2 now $724K, 1223 Par View Dr 3/2 now $755K, 822 Beach Rd 4/4 duplex now $819K, 1244 Par View Dr 4/3 now $849K, 215 Robinwood Cir 4/3 now $859K, 1285 Par View Dr 4/2.5 now $865.5K, 938 Pecten Ct 3/2.5 now $949K, 1081 Captains Walk St 4/2.5 now $1.185M, 1206 Bay Dr 4/4.5 now $3.424M.

4 new sales: 1851 Farm Trl 3/2 listed at $559K, 1348 Eagle Run Dr 3/3 listed at $998K, 911 Almas Ct 3/2.5 listed at $1.25M, 5250 Caloosa End Ln 3/2.5 listed at $1.389M.

2 closed sales: 932 Whelk Dr 3/3 $970K, 707 Anchor Dr 3/2.5 $1.15M.

LOTS

2 new listings: 486 Ponce De Leon Rd $223K, 6095 Dinkins Lake Rd $267,555.

3 price changes: 5847 Pine Tree Dr now $339K, 602 Boulder Dr now $399K, 4995 Joewood Dr now $2.6M.

No new or closed sales.

Captiva

CONDOS

No new listings.

2 price changes: Marina Villas #606 2/2 now $736K, Lands End Village #1629 2/2 now $1.3945M.

1 new sale: Captiva Shores #9 3/2 listed at $1.795M.

No closed sales.

HOMES

1 new listing: 15200 Captiva Dr 2/2 $1.1M.

No price changes or new sales.

1 closed sale: 16596 Captiva Dr 6/8.5 $5.15M.


LOTS

No new listings.

1 price change: 16151/16155 Captiva Dr now $5.9M.

No new or closed sales.

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

Sure Doesn’t Feel Like January on Sunny Sanibel


Sea Oats

Another Friday has arrived. Since last week, the weather on Sanibel and Captiva Islands has continued to be summer-like. Days have been in the mid-to-high 70’s and low 80’s with plenty of sunshine and a few intermittent clouds. That is expected to change on Monday when a cool front arrives. Being originally from Maine, it still cracks me up when they say a cool-front is daytime temperatures in the 60’s – in January. That coolness may be short-lived though. Temperatures are expected to be back into the 70’s by Thursday.

Most years, island business picks up after January 15th, particularly when the snow is flying somewhere. This year there already has been good real estate action here. The changes reported since last Friday in the Sanibel/Captiva Islands Multiple Listing Service are after a couple of news items below. (First a picture from our friend, Scott, who shares his wonderful island photos.)

 

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Sanibel & Captiva Islands Association of Realtors® Installation of 2020 Officers & Awards Breakfast

Sanibel realtors logoYesterday was the annual Islands Association of Realtors® installation of officers and awards breakfast at The Sanctuary. Florida Realtors® Director of Local Association Services, Anne Cockayne was the installing officer. Past-President Joel Goodman emceed, and I presented pal Mary Lou Bailey with her Realtor® Emeritus pin (She’s our third island Realtor® to reach this status – 40 years and an active leader.)

2020 BODOur local Honor Society recognized 25 members for their professionalism through education, participation, and community service (my 27th year), while six members completed the Sanibel & Captiva Islands Specialist program, earning their SCIS designation. Congratulations to all.

SanibelSusan Realty Associates

SanibelSusan Realty from Periwinkle WayThis week, SanibelSusan teammate Dave held several Open Houses and saw a noticeable increase in visitors. We also had some good listing inquiries and have future showings scheduled. Elise got a big post card mailing out and will process two more next week. I showed property last weekend, Dave is showing this weekend, and we also had a nice 2-sided closing Tuesday, which was the last island sale in 2019. Big thanks to Simmons Law for getting the needed court motion processed in time for the 14-day closing.

Outside-the-Box Mortgage Solutions

One of our long-time Association of Realtors® Affiliate Members, Dan Royal, sent an e-mail this week that caught my eye. Dan is a Mortgage Loan Originator with American Momentum Bank. He has been financing island real estate for as long as I can remember. Did a loan for my husband and I when we first moved to Sanibel – long before our first sale here. Here are excerpts from Dan’s email:

American_Momentum_Bank_Logo“$860,000 Sundial Resort Condo mortgage just funded! Non-warrantable condos welcome here. Fannie Mae has “in the box” strict guidelines. Our Portfolio Loans are “outside the box”:

 

 

  • 5% down to $1 million primary home purchase
  • Non-warrantable/resort condo 15% down
  • 0% down new professionals
  • Construction loans to $5 million
  • Foreign borrower loans to $3 million
  • Investor loans to $3 million.

“Please contact me if you need some out of the box mortgage solutions.”

Reach Dan at DRoyal@AmericanMomentum.Bank or toll free at 866-530-2265.

Joanna Gaines: Keep These Tacky Items Out Of The House

BridesBlushlogo_v2I saw this article on-line a few weeks ago but saved it for sharing after the holidays. It is long but has some interesting, sometimes funny, points. Written by JJ Foster, posted 11/26/19 on www.BridesBlush.com:

tacky-houses-joanna-101“The Fixer Upper Has Spoken – If there’s one person who knows what it takes to put together an awesome living room, then it’s Joanna Gaines. The reality TV personality has spent the last few years hosting the show Fixer Upper with her husband Chip. Together, they renovate and redecorate people’s homes and have helped take “Farmhouse-chic” to another level of popularity. However, with an eye for great decoration, Gaines also knows what interior designers should avoid doing. The living room is a place for play, relaxation and family time, and Gaines has shared some of the tackiest things that homeowners should keep out of their living rooms.

Fake Plants – Sure, real plants might attract a few creepy crawlies here and there, but there’s something about them that adds a whole lot of life to the living room. More often than not though, fake plants can stick out like a sore thumb and it’s clear that they are definitely not real. As far as Joanna Gaines is concerned, you’re better off having a living room without plants than one with fake ones. She thinks they are lifeless and extremely tacky.

Chintz Wallpaper – Chintz is a form of textiles that can trace its origins all the way back to India. However, the design, which consists of flowery patterns, is recognized these days for being used in the rooms of many bed and breakfasts, especially in the New England area. Joanna Gaines certainly doesn’t want people making their living rooms resemble anything like this. In fact, it’s more likely to look like the kind of building that contains a tomb from the 1500s.

Ruffled Furniture Skirts – While skirts are a perfectly acceptable clothing item for certain individuals to wear, furniture isn’t one of them. Anything that doesn’t have a heartbeat and is designed to be sat on in a living room shouldn’t be wearing a skirt. We’re looking at you, sofa, table, chairs and armchair. Ruffled skirts make a modern living room feel like it’s stuck in a much older era. Either expose those furniture legs or at the very least, give them a straight skirt instead.

Plastic Storage – So many families use plastic storage as a more affordable option of putting away stationary appliances, clothes and virtually anything else. However, there is something about seeing these structures in a living room that screams out, “I shouldn’t be here.” If it’s a child’s living room, then it might make a bit more sense. But if your kids are fully grown and you want a living room that blends luxury with sophistication, then this is not the way to go.

Bold-Colored Walls – Joanna Gaines can’t stand it when she walks into a living room and the walls have been painted in a really bold color. As a child, she remembered that the home her family moved into had the worst-looking walls imaginable and they needed to give them a completely new coat. Not only was the living room a disgusting lime-green color, but the dining room was in her words, “cherry-red.” If you’re living room looks like Sonic’s drive-thru menu, you know you’ve got problems.

“Bookcase Wallpaper – Joanna Gaines has lost count of the number of homes she has walked into and seen this kind of decoration plastered all over the back wall of the living room. Seriously, who are these people trying to fool? It is obviously not a real bookcase. If you want to show the world that you’re educated, get some shelves and put some books on them! The irony is that those who have this wallpaper probably don’t read that many books.

“Matching the Couch With Curtains – Joanna Gaines is a firm believer that curtains and couches shouldn’t be made from the same fabric – it just shouldn’t happen. However, this will be forgiven as long as they don’t share the exact same color or pattern. It’s important to diversify the living room, finding a balance between furniture that compliments each other, while also serving its own unique, aesthetic purpose. As far as the Fixer Upper is concerned, the living room should have a motif, not a uniform.

Mandala Tapestries – While many young people decorate their homes with mandalas, they don’t necessarily know the spiritual symbolism of this Eastern pattern. Then, there are people who discover the pattern later on in life and decide it’s a nice thing to display on one of the walls in their living room. Joanna Gaines thinks that if you don’t share the philosophy that the mandala is connected to, then it’s best to move on and decorate your living room with something a bit more understated.

White Rooms – While a white motif can be pleasant, you should never decorate your living room in just white. Fine, white walls can work, but think of it as a canvas in which you can add various other colors to it. At the end of the day, purely white rooms remind us too much of sterile hospitals, a place where people are often struggling to stay alive. Let’s not try to remind people of that in our living room. Also, it makes un-cleanable stains look so much more obvious.

Weird Lamps – If your living room lamp has more arms than your fake plant has branches, then you need to watch some episodes of Fixer Upper as soon as possible! It is very easy to get carried away with the design of a lamp. If your lamp resembles the Burj al-Arab or some other uniquely designed skyscraper, then something’s seriously wrong. Definitely avoid the lamps that have multiple bulbs with different colored light filters. Just go with a traditional lamp with a shade.

Cliché Art – While it’s perfectly normal to hang up art in the living room, Joanna Gaines hates it when people go for one of the most famous paintings and treats it like some sort of cool ornamental idea. If you are planning on hanging up a copy of Van Gogh’s Starry Night or Da Vinci’s Mona Lisa in your living room, then that’s a bad omen for the room in general. Why not go for a more obscure work of art by a famous artist? Stay original, folks.

Mounted Animal Heads – While many hunters hang animal skulls on their walls like some sort of bragging rights, many people who are not hunters buy them and hang them too. However, Joanna Gaines has her own thoughts on the matter. Whoever’s hanging these in the living room obviously has no idea what they are doing. If you are responsible for that skull, at least put it somewhere where it is not going to upset anyone. The Fixer Upper has spoken!

Futons – Unless you are between the age of 13 and 18 and frequently having friends over for slumber parties, a futon is no longer the way to go. By the time you have graduated from college and are out there in the real world, you should have enough funds to afford something a bit more elaborate than a futon. As we get older, it is our duty to outgrow certain things and futons should be, at the very least, the top five in that list.

Temporary Furniture – While the aim of temporary furniture is to make it look like something that is cool but also a work in progress, Joanna Gaines has zero-tolerance for the concept. As far as she’s concerned, this kind of furniture has no place in the living room and homeowners should just go with traditional furniture instead. She believes that temporary furniture only looks cool for a couple of days, that’s until it breaks for one reason or another – it’s too fragile!

Cluttered Cables – In the age of technology in which we live, it makes perfect sense to have a plethora of devices that have wires and cables hanging from them. This takes nothing away from the fact though that a pile of cluttered cables looks ugly on the eyes. A perfectionist like Joanna Gaines would never stand for such chaos in her living room, let alone anyone else’s. At the very least, hide those cables behind the TV table, away from visitors’ eyes.

Cheesy Photo & Picture Frames – There are so many accessories out there that people use to display family photos on. More often than not, the frame itself can distract the person away from what matters the most – the photo. With tons of cheesy imagery and buzz words on either side of the photo, these tend to just get in the way. At the end of the day, a photo needs a frame, not a dramatic canvas that might be telling a completely different story. Stick to a frame – plain and simple.

Plastic Couch Covers – People put plastic covers on their couches for a variety of reasons. While some apply them to prevent pets from causing damage to them, others use them so that they don’t spill something on them. Either way, a plastic couch cover is always for practical reasons, not aesthetic ones. It’s less to do with the fact that it looks tacky – it just looks terrible in any situation. At the very best, it looks like the scene of a crime.

Shot Glass Collections – Whether it be stamps, coins or Coca-Cola cans, everyone seems to have something they love to collect. However, we’d never advise hanging your collection up in the living room. Joanna Gaines especially detests it when people decide to show off their shot glass collection as some sort of living room ornament. While it may have impressed your friends back during the college years, it just looks kind of sad by the time you reach your mid-30s. Collect something new and hide it somewhere!

Gold Fixtures – There was a time that gold fixtures were a standard “fixture” in pretty much every other house, and that was back in the ’80s. For some reason, there are families who have hung onto those gold fixtures for the last 30 years and, unsurprisingly, they have weathered and no longer look as shiny and glorious as they used to. Maybe one piece of gold furniture here and there is acceptable, but gold motif for the living room is unacceptable unless you are a Saudi prince.

Pallet Coffee Tables – A trend that has been floating around the world of interior design is DIY pallet furniture. Better known for being used to transport large objects on forklifts, interior designs are now making pieces of furniture out of these wooden structures. One of the examples is the coffee tables which is made out of pallet. While some families might like their living rooms looking like a pile of lumber, Joanna Gaines wouldn’t be seen dead with this type of coffee table in her home.

Shag Carpeting – While some people might like the cosy feel that shag carpeting provides, Joanna Gaines is certainly not a fan. She believes that this design trend should have stayed in the ’70s where it belongs. She compared the texture and the appearance of shag carpeting to that of wigs. Moreover, she believes it would have the same effect if you laid some hairpieces on the living room floor instead. While it might be a matter of taste, this is not Gaines’ “cup of tea.”

Wood Paneling – There is something about wood paneling that just screams out a 1980s thriller, with the likelihood of someone in the family going on a violent rampage at some stage. Joanna Gaines believes that this style goes against what a living room represents – relaxation, fun and family time. Unless you actually live in a cabin in the woods, wood paneling is extremely dated and should have no place in any part of your home whatsoever, never mind your living room!

Curtain-less Windows – Seeing that we are encouraged to avoid using so much electricity and resort to natural lighting, you’d think that it would be recommended to refrain from applying curtains to your living room windows. A bit of natural lighting could do your home the world of good, right? Well, gone are the days that you can kick back with a tub of ice cream in private, people are always going to see what you’re doing as they walk past.

Blanket Ladders – If you want to have a living room that looks rustic, at least don’t make it look as if you’re trying so hard to be. One tacky design choice that is indicative of this is a blanket ladder. While these were more commonplace back in the 1800s or in one of the stories from Little House on the Prairie, some have decided to bring a ladder back and use it to hang blankets on in their living room. What’s wrong with just leaving them on the sofa?

Barn Doors – Our only theory for this one is that someone who was having way too much fun one night ended up trespassing on someone’s farm, stole a couple of barn doors and then woke up the next day with them leaning on the wall of their living room. While Pinterest has undoubtedly built up the hype of having barn doors in our homes, and Joanna Gaines is a farmhouse chic specialist, we have no interest. If it’s not being used in a barn, it shouldn’t be used.”

Sanibel & Captiva Islands Multiple Listing Service Activity January 10-17, 2020

realtor-mlsSanibel

CONDOS

4 new listings: Sanibel Arms #A7 1/1 $359K, Sanibel Moorings #1512 2/2 $549K, Loggerhead Cay #514 2/2 $1.045M, Sanddollar #C201 2/2 $1.199M.

6 price changes: Sanibel Inn #3514 2/2 now $725K, Sand Pointe #227 2/2 now $739K, Pointe Santo #D32 2/2 now $749K, Oceans Reach #3A1 2/2 now $894.9K, Sundial #E108 3/2 now $1.225M, La Playa #B1 3/2 now $1.299M.

4 new sales: Sandpebble #1A 2/2 listed at $439K, Blind Pass #F204 2/2.5 listed at $445K, Sanibel Shores #A2 2/2 listed at $459K, Sand Pointe #227 2/2 listed at $739K.

No closed sales.

HOMES

7 new listings: 1667 Atlanta Plaza Dr 2/2.5 $439K, 1339 Tahiti Dr 3/2 $540K, 1774 Bunting Ln 3/2 $659K, 1068 White Ibis Dr 3/3 $759K, 940 Lindgren Blvd 3/2 $948K, 5633 Baltusrol Ct 4/4.5 $1.949M, 1314 Seaspray Ln 5/5.5 $6.995M.

13 price changes: 1684 Bunting Ln 2/2 now $489.5K; 430 Old Trail Rd 3/2.5 now $547K; 1536 Bunting Ln 3/2 now $588,595; 433 Lake Murex Cir 3/2 now $629K; 678 Durion Ct 3/2 now $649K; 1567 Sand Castle Rd 3/3 now $799K; 5659 Sanibel-Captiva Rd 2/2 now $800K; 1010 Kings Crown Dr 3/3 now $997K; 2857 Wulfert Rd 4/5 now $1.199M; 1671 Hibiscus Dr 5/3 now $1.249M; 1133 Golden Olive Ct 3/3.5 now $2.269M; 3009 Turtle Gait Ln 4/4.5 now $2.595M; 5145 Joewood Dr 5/4.5 now $2.75M.

6 new sales: 1458 Sandpiper Cir 3/2.5 half-duplex listed at $489.9K, 4619 Brainard Bayou Rd 3/2 listed at $595K, 668 Anchor Dr 3/2 listed at $958.5K, 2739 Wulfert Rd 4/5.5 listed at $1.375M, 228 Violet Dr 4/2/2 listed at $1.749M, 5618 Baltusrol Ct 4/4/2 listed at $2.195M.

7 closed sales: 401 Raintree Pl 3/1.5 412.5K; 1558 Sand Castle Rd 3/2 $565K (our listing & sale); 238 Daniel Dr 3/2 $747,126; 245 Christofer Ct 3/2 $750K; 1121 Skiff Pl 3/3 $985K; 526 N Yachtsman Dr 3/2 $995K; 572 Kinzie Island Ct 5/5 $2.15M.

LOTS

1 new listing: 1331 Par View Dr $349K.

1 price change: 1837 Buckthorn Ln now $599K.

No new or closed sales.

Captiva

CONDOS

No new listings.

1 price change: Lands End Village #1667 2/2 now $1.189M.

No new sales.

1 closed sale: Bayside Villas #4212 1/2 $345K.

HOMES

3 new listings: 15000 Binder Dr 3/2 $1.325M, 16801 Captiva Dr 5/5 $2.295M, 16531 Captiva Dr 8/8 $2.85M.

No price changes or new sales.

2 closed sales: 11509 Chapin Ln 4/4 $1.325M, 11559 Laika Ln 2/2/2 $4.25M.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

istockphoto-512459044-612x612Until next Friday, enjoy your weekend!

Susan Andrews, aka SanibelSusan

It’s a Colorful Time… Vivid Rosy Bougainvillea, “Pink Out”, & …


Happy Friday, everyone! Following another sunny week on Sanibel Island, rain is expected to begin here soon. The tropical storm passing in the northern Gulf of Mexico is forecast to produce scattered showers over SW Florida into tomorrow afternoon. We need the rain.

Dry late fall weather usually gets bougainvillea trees and bushes blooming. Below are some that I noticed on my ride home last night. They are at the Pointe Santo entrance.

IMG_8830

Mine at home are starting to pop out too. This photo from Nov 2018.IMG_7125.jpg

Red Tide

The news that I don’t like reporting is that locals and visitors are in a tizzy about red tide. The City’s panoramic aerials posted Tuesday afternoon (link here), show such a huge difference in how the water looks now compared to last year at this time, that was it heartbreaking to read that the Marine Lab had done local testing and found presence of the red tide organism in some areas. Below is the message posted Tuesday night on social media by the Sanibel-Captiva Conservation Foundation:

2019-10-15 SCCF“Research scientists from SCCF’s Marine Lab took water samples on a short cruise today on the lower Caloosahatchee River, San Carlos Bay and into the Gulf of Mexico. They found Karenia brevis, the organism that blooms into red tide, present at all sites sampled. The maximum concentration they found was 880,000 cells/liter two miles offshore of Tarpon Bay Rd Beach on Sanibel. Levels higher than 100,000 can result in fish kills and respiratory irritation in humans. Next week, they will do a more expansive cruise into the Gulf from North Captiva Island to Sanibel. Stay tuned for ongoing updates.”

That posting sparked some questions, so they further clarified saying: “Our Marine Lab’s testing is part of a National Science Foundation (NSF) RAPID grant to study harmful algal blooms (HABs). The NSF grant is intended to investigate how the intensity of red tide blooms is “related to nutrients in freshwater releases from Lake Okeechobee, a large inland lake in south-central Florida that is managed for flood prevention.” The research will contribute to the lack of “strong scientific evidence to support the connection between the red tide and Lake Okeechobee water releases.” The objective of the project is to provide water quality data prior to and throughout major freshwater releases. These data will provide insight into cause-and-effect relationships between freshwater releases, and algal blooms.”

SCCF logoWith SCCF reporting the highest number of organisms around the island off the beach at the end of Tarpon Bay Road, it is not surprising that this same area produced complaints, both yesterday and today, from beachgoers experiencing respiratory irritations. Some marine life also has washed ashore. Teammate Dave reported a noticeable smell on his drive over the causeway last night.

As a reminder, there had been no releases from Lake O all summer until just over a week ago when small releases were sent this direction to dilute the salinity in the estuary. This was to help the health of seagrasses in areas that had not received rain in recent weeks.

Prior to these reports, recent red tide incidents were mostly further south in the Naples/Marco Island area. Not a good omen for things to get better soon is the forecast for winds from the south all weekend.

Annual Meeting Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday was the annual meeting of the islands’ Association of Realtors®. Congratulations to newly elected board members, Realtors® Greg Demaras, Mike McMurray, and Janka Varmusa. With over 250 Realtor® members and nearly 150 Affiliate members, the Sanibel & Captiva Association is vibrant healthy and ready for “season”.

Caravan meetings will continue Thursday mornings biweekly until the end of the month, when we celebrate Halloween (costume contest) and revert to the “season” weekly schedule rotating from East End to West End. All winter you can expect to see Open Houses on Thursday mornings from 9 a.m. until noon. City rules allow only two open houses a month, up to 4-hours each, while Association MLS rules allow only one Caravan Open House every six months. You can be sure that we follow the rules and also try to schedule these events when they produce the most results.

Between now and the end of the year, the Association will continue to collect non-perishable food for the F.I.S.H. food pantry. Since Hurricane Irma and the water quality issues last year, local food needs have increased with supplies depleting quickly. Members and friends are encouraged to bring donations to either the Association of Realtors® Office at 2353 Periwinkle Way, Suite 201 (over Finnimore’s Cycle) or at F.I.S.H. at 2430-B Periwinkle Way (behind Bleu Rendez-Vous Bistro). The F.I.S.H. Food Pantry is open from 10 a.m. to 3:45 p.m.

After work on November 14, the Association will hold its annual “Fall Into Christmas” fundraiser for local charity “Friends Who Care”.

At SanibelSusan Realty Associates

2017-09-12 OfficeThe Association’s new Multiple Listing Service (MLS) provider offers a variety of new reports and advertising opportunities. Yesterday, Elise mailed our team’s monthly summary progress report letters which included the Islands’ 3rd Quarter Market Report. Lingering evidence of the market downturn from the water problems last year remains.

Below is an update of Sanibel’s inventory today. As the island gets busier, likewise, more listings come on the market every day. Both number of sales and average sale prices are off, even when compared to last year. That could change last quarter which is when we see the most sales to those wanting to winter in paradise or benefit from owning in 2020.  For arriving buyers, there is plenty of good well-priced inventory for them.

Sanibel Inventory
Condos Homes Lots
Status # Price $ DOM # Price $ DOM # Price $ DOM
For sale 108 839,859 196 142 1,338,771 171 67 730,723 442
Under contract 9 861,322 128 23 886,254 106 3 321,333 74
Sold 2019 thru 10/18 101 667,163 151 172 972,271 173 12 392,333 816
Sold 2018 155 720,617 172 218 1,112,748 162 21 602,095 240
Sold 2017 140 728,793 188 186 1,004,237 163 32 327,229 504

 

Event Reminders

Ding Darling Day31st Annual “Ding” Darling Day – Free Family Fun Day – Sunday, Oct 20, all day beginning at 8 a.m. More info at www.DingDarlingDays.com

breast cancer month8th Annual “Let’s Pink Out” – Thursday, Oct 24, Breast Cancer Awareness Celebration & Luncheon from 11:30 a.m. to 1:30 p.m. at Sanibel Fire & Rescue District Station #1 on Palm Ridge Road. Saturdays, all month, from 9 a.m. to 5 p.m. “Pink Out” volunteers are bagging groceries at Bailey’s for tips. Donations collected go to F.I.S.H. to help those in the community with cancer-related needs.

Rising Financial Wealth Boosts Demand for Vacation Homes

RSPS-Resort-Second-Home-Property-Specialist-Real-Estate-DesignationAs the instructor for the local class on the Resort & 2nd Home Market, I carefully follow the statistics published by the National Association of Realtors® (NAR) and their newsletter from the RSPS (Resort & 2nd-Home Property Specialist) group. Here are some excerpts from an article they published on Oct 10, 2019:

“Increased financial wealth and low mortgage rates boosted the demand for and price of vacation homes, according to the National Association of Realtors® 2019 U.S. Vacation Home Counties Report, https://www.nar.realtor/research-and-statistics/research-reports/us-vacation-home-counties.

“Between 2013 to 2018, the median sales price in vacation home counties increased at a slightly higher pace of 36% compared to the pace of increase of all existing and new homes sold,1 at 31%. Median price increases occurred across both expensive and inexpensive areas. The counties with the highest price increases during this five-year span were in three states: Pennsylvania, which includes Pike and Monroe counties; Wisconsin, which contains Price and Washburn counties; and Massachusetts, which includes Nantucket.

“Lawrence Yun, NAR’s chief economist, says the present figures are telling, especially when compared to data from 10 years prior. “As of 2018, household net worth reached an all-time high of $100.3 trillion – that’s nearly double from a decade ago when wealth declined during the recession. Some of this tremendous growth in wealth, although concentrated, increased demand for vacation homes.”

“Although most homebuyers purchase their residence with an intent to use the property as a primary home, that is not the case for all buyers. In fact, a portion of homeowners purchase a second home expecting to use it as a general family vacation spot, as a tenant rental, a means to gain equity, or – upon retirement – a future primary residence….”

Sanibel & Captiva Islands Multiple Listing Service Activity October 11 – 18, 2019

Sanibel

CONDOS

7 new listings: Blind Pass #F204 2/2.5 $455K; Sanibel Arms West #I7 2/2 $579K; Cottage Colony West #102 1/1 $609,906; Sanibel Surfside #132 2/2 $925K; Sundial #K402 2/2 $1.1899M; Compass Point #181 2/3 $1.195M, Pointe Santo #E24 3/2 $1.425M.

4 price changes: Compass Point #221 2/2 now $695K, Loggerhead Cay #553 2/2 now $699K, Yacht Haven #4 3/2 now $869K, Gulfside Place #222 2/2 now $1.395M (our listing, photos below).

1 new sale: Wedgewood #305 3/3.5 listed at $1.495M.

No closed sales.

HOMES

4 new listings: 1356 Jamaica Dr 2/1.5 $587K, 6033 Dinkins Lake Rd 3/3.5 $799K, 1567 Sand Castle Rd 3/3 $897K, 261 Ferry Landing 2/2 half-duplex $1.095M.

7 price changes: 1585 Bunting Ln 3/2 now $575K, 9446 Beverly Ln 3/3.5 now $669K, 1559 Sand Castle Rd 3/2 now $715K, 707 Cardium St 3/2 now $729K, 1667 Venus Dr 3/2 now $1.1M, 1307 Par View Dr 3/3 now $1.149M, 2964 Wulfert Rd 5/5.5 now $3.699M.

3 new sales: 335 Cowry Ct 4/3.5 listed at $799.9K, 9094 Mockingbird Dr 4/3.5 listed at $895K, 836 Sand Dollar Dr 3/2/2 listed at $1.295M.

5 closed sales: 970 Greenwood Ct 3/2.5 half-duplex $398.5K, 1441 Sand Castle Rd 3/2.5 $639K, 2719 Wulfert Rd 4/4/2 $1.2M, 1136 Golden Olive Ct 4/4.5 $2.51M, 2915 Wulfert Rd 5/6.5 $2.7225M.

LOTS

No new listings.

1 price change: 4538 Bowen Bayou Rd now $220K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #5234 1/2 $415K.

1 price change: Beach Homes #2 3/2 now $1.899M.

No new or closed sales.

HOMES

1 new listing: 11515 Gore Ln 5/4.5 $2.45M.

No price changes or new sales.

1 closed sale: 14981 Binder Dr 3/3 $957K.

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.

girl-standing-in-rainUntil next Friday, Susan Andrews, aka SanibelSusan

No Snow Here, But This Egret Sure is White!


It’s SanibelSusan reporting that the island roadways are getting busier. With 2018 off, it sure is great to again see activity pick up in October. In the summer, I often make a quick trip home during the noon lunch hour. That 2.9-mile trip up Periwinkle, in the off-season, usually takes about seven minutes. By yesterday, that time had expanded to 15 minutes. But, that’s OK, businesses need those returning owners and visitors.

Island friends, Ed and Ellie stopped in this week to say “hello” and Ellie shared the below photo she took at the Sanibel fishing pier. I told her this beauty will be the star of this week’s blog! It’s a beautiful great white egret (I think), not a snowy egret. Those are smaller and have the opposite coloring – still bright white, but black beak and yellow feet. Great white herons are similar too. Also large and their coloring is like the great white egret, but they have large heavy bills. If I guessed wrong, I bet a birder will set me straight!

2019-10 Ellie's bird

It still feels like summer! Weather this week cooled down to the high 80’s (degrees F) during the days, low 70’s at night – mostly sunny with occasional showers inland off-island. We need rain, so on Saturday the Army Corps of Engineers initiated minimum water flows from Lake O to the Caloosahatchee estuary. During certain times of the year, scientists say water releases like this are necessary to maintain a health estuary. The releases were expected to continue until tomorrow.

With the news reporting big weather changes elsewhere – huge temperature drops, plus snow and ice storms. That should make Sanibel & Captiva even more appealing.

Teammate Elise advises that the Lee County Schools first quarter ends today – that was fast. Local kiddos also get a full week off for Thanksgiving vacation this year, usually they just get a few days.

We did not have a local Association of Realtors® Caravan meeting this week. Next Thursday is our annual meeting. After a few news items below, check out the action since last Friday reported in the Sanibel & Captiva Islands Multiple Listing Service. You will notice that in comparison to last week, there was not much. We hope that changes with the holiday weekend and that you enjoy your weekend too!

Vice President Pence to Visit Sanibel Again This WeekendVice Presidents Logo

Once again, the island is a twitter with the news that Vice President Mike Pence is expected to make another trip to Southwest Florida this weekend. A TFR (Temporary Flight Restriction) has been issued for VIP movement at Southwest Florida Regional Airport and southern Sanibel Island from Thursday at 11:45 p.m. through Sunday at 12:00 p.m.

During that time, the airspace around Sanibel has been designated as “national defense airspace,” which is common when the president or vice-president visits an area. The Sanibel Causeway and other roads are expected to close at times during the high-profile visit, but please know that it is not much of a disruption. He stays at a client’s home here that is off the beaten path so unless you happen to be on Periwinkle or the Causeway when he is on the move, you probably won’t even know that he is in town.

Process for Registering Sanibel Short-Term Rentals

Sanibelcityseal logoRecently, Sanibel City Council approved establishing a registration process for island short-term rentals. Council supports an ordinance to create registration of dwelling rentals and rental licenses. The purpose of the process is to regulate and ensure compliance of non-resort housing and platform vacation rentals like Airbnb and to preserve the character of residential neighborhoods. (It is basically a record and licensure process to ensure that rules already in place are followed. Sanibel Code says that compliant resort dwellings have no rental time or frequency limit, while non-resort dwellings must be rented for four consecutive weeks or more.) More on this in the weeks to come.

Events & ReOpenings

“Season” begins with lots of annual happenings:

Sanibel shellsSanibel-Captiva Shell Club – Though the Shell Museum remains closed while the new Aquarium construction completes, the Sanibel-Captiva Shell Club’s first meeting of the season is this Sunday, October 13 at the Sanibel Community House beginning at 2 p.m.

historical village logoSanibel Historical Village – reopens Tues, October 15 and will be open Tues-Sat from 10 a.m. to 4 p.m. with guided tours at 10:30 a.m. and 1:30 p.m. Season highlights include several Twilight Talks and their annual gala fundraiser February 18 at The Community House. The talks are at noon on the 1st Mondays, December through March. New museum volunteers are always needed. Training begins November 4. More info at www.sanibelmuseum.org

Tower gallery13th Annual Tower Gallery Attic Sale– Fri & Sat, October 18 & 19 from 10 a.m. to 4 p.m. www.towergallery.net

 

4th Annual Sanibel Blues & Jazz Fest – Sun, November 3 from noon to 7 p.m. in the backyard of Bailey’s Center sponsored by the Sanibel-Captiva Optimist Club. Annual fundraiser for the club’s charities, including scholarships and summer youth programs at the Sanibel Rec Center. sanibel Jazz festival pixPerformances by islander Johnny Jensen at 1 p.m., the local Marty Stokes Band at 2 p.m., Sean Chambers featured on the U.S. Billboard Blues Album Chart at 3:30 p.m., & British Blues Hall of Famer Matt Schofield at 5 p.m. A jam session featuring all of the performers ends the event. Tickets at www.eventbrite.com, Bailey’s General Store, Sanibel-Captiva Community Bank, & George & Wendy’s Seafood Grille.

Hobie cat race 2019.pngSouth Seas Hosting World Championship Hobie Class Races – from Nov 1-16. This is the 1st time since 1984, that these races are being held in the U.S. and the 1st time in SW Florida. According to race organizers, the Hobie 16 World Championships is the only sailboat class in the world to supply brand new identical boats for all competitors to race. The course will be just off Sunset Beach, at the north end of Captiva. Sailboat racing fans may enter the resort entry gate and proceed to hotel registration where $5 per vehicle will be collected, parking pass issued, and wristbands provided for each spectator. Tickets also are available for special events (www.hobieclass.com).

crow-logo2019 Taste of The Islands – Sun, November 10 from noon to 5 p.m. at Sanibel Community Park with CROW’s animal ambassadors and silent auction in The Community House. The participating restaurants were announced this week including The Bubble Room, The clam Shack, Doc Ford’s Rum Bar & Grille, The Jac Island Bar & Grille, Matzaluna The Italian Kitchen, MudBugs Cajun Kitchen, Rosie’s Café & Grill, Sanddollar Restaurant, Sanibel Deli & Coffee Factory, Sanibel Fish House, Shima Japanese Steakhouse, T2 (Traders 2), Thistle Lodge, and The Timbers Restaurant & Fish Market.

coastal keepers loglCoastal Watch 3rd Annual Fundraiser, The Launch – Sat, November 16 from 6 to 10 p.m. at The Community House, in support of local conservation initiatives.

UCF Economist: Recession No Threat to Florida

Florida Realtors logoThe below article was posted on-line this week at Florida Realtors®.

“ORLANDO, Fla. – Sean Snaith, director of the University of Central Florida’s Institute for Economic Forecasting, expects Florida’s economy to grow faster than the U.S. economy over the next three years.

His third-quarter economic forecast indicates that the state’s “powerful” economy will produce a higher percentage of jobs than the nation and attract more job seekers from other states through 2022. Snaith predicts that much of the job growth will come from the professional/business services, education/health care services, and construction sectors.

““Florida’s economy continues to hit on all cylinders, and there are no economic storm clouds on the horizon,” he says. “Our biggest challenge over the upcoming years will revolve around how best to manage and facilitate economic growth.” In addition, Snaith says the fundamentals of the state’s housing market remain “solid,” and economic and job growth and the influx of retiring baby boomers should continue to support the upward trend on sales.

““Low inventories of existing homes for sale and lagging housing starts growth contribute to an environment where home prices continue to rise,” Snaith adds. “The shortage in the single-family market will be rectified as the pace of single-family housing starts to ramp up over the next several years. Single-family housing starts in 2022 are expected to increase by 79.7% from 2014 levels.””

Source: Sarasota Herald-Tribune (10/03/19) Hielscher, John

© Copyright 2019 INFORMATION INC., Bethesda, MD (301) 215-4688

Sanibel & Captiva Islands Multiple Listing Service Activity October 4 – 11, 2019

Sanibel realtors logoSanibel

CONDOS

3 new listings: Sunset South #2C 2/2 $609K, Sanibel Inn #3512 2/2 $727.5K, Sundial #J208 2/2 $769K.

No price changes, new, or closed sales.

HOMES

3 new listings: 610 Hideaway Ct 3/2.5 $629K, 1163 Seagrape Ln 4/4 $1.295M, 550 N Yachtsman Dr 3/3 $1.35M.

5 price changes: 1401 Sandpiper Cir 3/2.5 half-duplex now $504.9K, 1717 Sand Pebble Way 3/2 now 645K, 1676 Middle Gulf Dr 3/2 now $825K, 1285 Par View Dr 4/2.5 now $889K, 982 Whelk Dr 3/2.5 now $1.15M.

3 new sales: 1800 Ardsley Way 3/2 listed at $695,555; 198 Southwinds Dr 3/2 listed at $699.9K; 823 Birdie View Pt 4/3 listed at $799K.

No closed sales.

LOTS

No new listings.

1 price change: 1837 Buckthorn now $629K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Lands End Village #1619 2/2 $1.549M.

2 price changes: Bayside Villas #5136 1/2 now $419K, Bayside Villas #5228 1/2 now $429K.

No new or closed sales.

HOMES

1 new listing: 11528 Andy Rosse Ln 1/2.5 $2.9M.

No price changes.

1 new sale: 17041 Captiva Dr 2/2 listed at $1.699M.

No closed sales.

LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

christopher-columbus-day-clip-art-661308Best wishes for a fun holiday!

SanibelSusan Realty will be open so you won’t need Columbus. We can help you find what you want!

Susan Andrews, aka SanibelSusan

 

September Weather Arrives on the Islands


It’s time for another SanibelSusan Friday update about Sanibel and Captiva Islands. It was a surprise on Tuesday afternoon when Sanibel’s electric service went out.

According to Lee County Electric Coop (LCEC), the outage was caused when an antenna atop a sailboat mast hit the main power line coming to the island. Thank you, LCEC for getting it back up and running in just an hour. With 90+degree temperatures that day, islanders did not want to be without AC for long. Most summers, there are a few minor outages, but this year, there have only been a handful.

Today’s surprise was a noticeable change in the weather. Local forecasters are joking that it is because fall begins on Monday. Little, if any, rain is expected in the upcoming week. With low humidity, temperatures today are expected to only hit 87 degrees F. That is a welcome change. It has been in the low 90’s for weeks.

On Monday, nighttime temperatures are expected to go down into the high 60’s/low 70’s. It has been many months since it has been that cool. Late September usually equates to snowbirds on the move. The SanibelSusan Team hopes that means more sales will follow.

September Island Updates

There is always a flurry of activity just before the snowbirds get back. Here are some changes that I noticed during my travels this week.

Casa Ybel Resort – The new entrance is almost done at Casa Ybel Resort. It was damaged two years ago during Hurricane Irma when their huge specimen tree on the bridge going into the resort came down. Over the last few weeks, landscaping crews have been there working on a new design. This week their new sign went up, work on the bridge and roadway completed, and the new landscaping went in. The design includes stonework with waterfalls now framing the entrance and many tropical plants and palms. What a special welcome it creates!

 

 

 

Dairy Queen – Has been closed and cordoned off with construction tape all week. No word on when it is reopening.

Mariner Pointe – Has a new fresh white sign at their entrance. It must be a temporary one, since their street number actually is “760”.

Saint Kilda – Community is getting water main replacement according to Island Water’s Fall 2019 “IWA Pipeline”. The project is upgrading the original developer-installed water main with higher strength pipe and new fire hydrants. Periodic IWA project updates may be found on their website www.IslandWater.com under “Latest Capital Project”.

SCCF Nature Center Closed for Renovations – The Sanibel Captiva Conservation Foundation Nature Center is closed for educational programs until further notice due to ongoing interior renovations. The administrative offices remain open for meetings and other business activities. The trails behind the Nature Center at 3333 Sanibel-Captiva Rd., also will stay open for visitors. While renovations are underway, SCCF events and educational programs will be held at the Bailey Homestead Preserve.” Detailed information about the open trails at SCCF’s six public preserves may be found at http://www.sccf.org/preserves. SCCF’s Native Landscape and Garden Center is maintaining its regular retail schedule at the Bailey Homestead Preserve, 1300 Periwinkle Way. Call 239-472-1932 for additional information about the Garden Center’s operating hours and upcoming programs.

Sanibel & Captiva Islands Association of Realtors® September Membership Meeting

In addition to the phones, roadways, beaches, and shops being super quiet, the local Association of Realtors® monthly membership breakfast yesterday, was lightly attended. Before the property announcements, attendees heard from the four candidates running for our three board vacancies. The election results will be announced at our annual meeting in October. Good luck to Realtors Greg Demaras, Pfeifer Realty Group; Mike McMurray, Royal Shell Real Estate; Liz Podolsky, McCallion & McCallion Realty; and Janka Varmuza, VIP Realty Group.

Meeting speaker was Angela Melvin, founder and CEO of Valerie’s House. Angela like her family before her, grew up in Fort Myers. Her mother, Valerie, died in a car accident in 1987 when Angela was just 10 years old, sparking her passion to find a place that could help children in similar situations. After college and working as a broadcast journalist around the country and then a Communications Director on Capitol Hill, Angela spent several years working for and sitting on boards for various non-profits including the Wendt Center for Grief and Loss in Washington, DC. She returned to Fort Myers in 2013 and shortly after, founded Valerie’s House.

Valerie’s House is the first and only organization in Southwest Florida with its sole mission to help children grieve the loss of a loved one. With locations now in Fort Myers, Naples, and Punta Gorda, Valerie’s House is a place where children connect with one another and learn the tools to heal after they have experienced the death of someone they love. At Valerie’s House, children know others their own age, and they learn that loss doesn’t have to limit their dreams. In addition to a dedicated team of staff and volunteers, Valerie’s House is a family of others grieving. More info at http://www.ValeriesHouseSWFL.org.

Upcoming Event Reminders

International Coastal Cleanup is tomorrow, Saturday, Sept 21, from 9 a.m. until noon. Thirteen clean-up locations will participate throughout Lee County. The island Realtors® team will be working on Causeway Island B. Last year, the cleanup attracted 1,546 volunteers who removed 3,358 pounds of litter and debris from waterways. To participate, please register at www.klcb.org/coastal-cleanup.html

USTA Southwest Florida Clay Court Championships for the 4th year will be at Sundial Beach Resort & Spa, September 27-29. Age Divisions: Open, 40’s, 50’s, 60’s, singles & doubles. Registration deadline is Sep 25 at www.USTA.com using tournament ID 150046619.

Farmers Markets are beginning soon. Local Roots has updated their website with the market start dates. Wondering which is open when? Here’s a quick summary.

  • Sundays on Sanibel – 8 a.m. to 1 p.m. from Oct 6 to May 31 (including Easter Sunday) on the grounds of Sanibel City Hall. This will be the 12th season for the Sanibel market. It has something for everyone: fresh fruits and vegetables, seafood, honey, meats, cut flowers, prepared meals, mini-donuts, cupcakes, bagels, guacamole, pickles, cheeses, baked goods, native plants, artisan foods, local crafts, organics, and more. Shoppers are encouraged to bring dry and canned foods to the market booth. They are donated each week to F.I.S.H., the islands’ food pantry. The market is a plastic-straw-free zone, is a non-smoking area, and only service dogs are allowed in the vendor areas. New to the market this season, vendors will not use single-use plastic bags. Reasonably price reusable bags are for sale at the market booth or bring your own. Follow the signs for parking. All handicap parking is at City Hall. For more information on this and other SWFL Farmers Markets, go to BuyLocalLee.com
  • Mondays at Fenway South – 9 a.m. to 1 p.m. from Jan 6 to Mar 30 at Jet Blue Stadium
  • Tuesdays on Captiva – 9 a.m. to 1 p.m. from Nov 5 to Apr 28 at South Seas Island Resort
  • Wednesdays at Lakes Park – 9 a.m. to 1 p.m. from Oct 2 to Apr 29 at Lakes Regional Park
  • Thursdays at Coconut Point – 9 a.m. to 1 p.m. from Oct 3 to Apr 30 at Coconut Point Mall
  • Thursdays at River District – 9 a.m. to 1 p.m. year-‘round at Centennial Park
  • Fridays at Boca Grande Farm & Fish Market – 9 a.m. to 1 p.m. from Dec 20 to Apr 24 at Wheeler Rd ball field
  • Fridays at Sanibel Outlets – 10 a.m. to 2 p.m. from Dec 13 to Mar 27 at Sanibel Outlets
  • Saturdays in Bonita Springs – 8 a.m. to 12 p.m. from Oct 5 to Apr 25 at The Promenade

Seems like yesterday when Jean Baer and Betsy Ventura started Local Roots and organized their first market in the parking lot at Tahitian Gardens shopping center. Talk about success! What wonderful contributions they have made to us living in Southwest Florida. Did I mention, they are summer pickleball stars too!

Island Beaches & Red-Drift Algae

As much as social media today keeps us connected, I swear sometimes it is our own worst enemy. There were so many differing reports about beach conditions following Hurricane Dorian and so many local reporters only talking about the bad stuff (ugh), that I did stops at a few beaches yesterday as I was on my real estate rounds. East-end and mid-island beaches were beautiful. This morning, I stopped at the bayside beach at the end of Bailey Road and it likewise is clear and breezy. Some of my photos below.

Beach at the Donax Street access on 9/19/19

Overlooking Sand Carlos Bay at the end of Bailey Rd on 9/20/19

To clear up misconception and confirm conditions often change, below is the report posted online yesterday by the City.

Large Sections of Sanibel Beaches Currently in Excellent to Very Good Conditions

Frank Spinuzza. 09/19/2019 05:58 pm

Spot Locations Remain Dynamic & Ephemeral

Update on Algae Pilot Project

At this time large stretches of Sanibel beaches are in excellent to very good conditions.  Algae deposits continue to be dynamic and ephemeral, likely driven by wind conditions, currents, tides, and/or other factors.

Residents & visitors are reminded that paid beach parking meter receipts are not restricted to the beach parking lot in which purchased.  Paid, unexpired beach parking is transferrable to any other of the other City of Sanibel’s public beach parking lots.

Status of In-water Algae Removal Pilot Project:

City staff is currently compiling the results of the in-water algae removal pilot project conducted on Tuesday 9/10/19. The project, authorized for 4 days, was discontinued after 1 day due to insufficient algae at both permitted locations. Equipment remains staged on-island in the event conditions at one of the two currently permitted locations (Lighthouse Beach Park & Gulfside City Park) as warranted and are suitable to continue the pilot.

Results will be presented to City Council at a future meeting as well as the upcoming Tourism Development Commission meeting for reimbursement.

We are presently experiencing very dynamic changes to our beaches based upon changing wind directions, even the course of the same day, conditions earlier today were observed as:

  • Excellent conditions with little to no algae deposits are present at Sanibel’s east end beaches from Lighthouse Beach Park to Gulfside City Park and at Blind Pass Beach Park on Sanibel’s west end.
  • Light to moderate deposits are present Beach Accesses 1, 2,5 & 7 on West Gulf Drive.
  • Moderate to heavy deposits are present at Tarpon Bay Beach, Bowman’s Beach and Turner Beach (Captiva).

Even at locations with heavier algae deposits, little to no odor is currently present.

While shorebird nesting season is officially complete, numerous shorebirds are present and actively foraging in algae deposits.  Seabirds and wading birds are also present.

Sea turtle nesting season continues through Oct 31st.  As of 9/15/19, 60 active nests remain.

Numerous baitfish were observed at several locations…

(The City report contains photos taken from various island locations, check them out at www.MySanibel.com. The City’s 9/19 report ends with the below info.)

“Florida Department of Health–Healthy Beaches Program

The Florida Department of Health samples 4 Sanibel beach locations weekly for fecal indicator bacteria. Samples collected on Monday 9/16/19 were all in the “good” range for enterococcus bacteria. Weekly testing results are posted here:  http://www.floridahealth.gov/environmental-health/beach-water-quality/county-detail.html?County=Lee&Zip=33916-2205

For more information on Sanibel and other Lee County beach conditions, click on these links:
Florida Healthy Beaches
Mote Marine Lab Beach Conditions Map

END”

Sanibel & Captiva Islands Multiple Listing Service Activity September 13-20, 2019

Sanibel

CONDOS

No new listings.

2 price changes: Sundial #E108 3/2 now $1.275M, La Playa #1B 3/2 now $1.399M.

No new sales.

2 closed sales: Sundial #I104 1/1 $456K (our buyer, under contract last week, closed this week), Mariner Pointe #1041 2/2 $468K.

(Our Sundial buyer went under contract last week & closed this week. It’s not often that a closing can happen that quickly, but thanks to Stacy at Sundial West & Michelle at Barrier Island Title, it got it done! The SanibelSusan Team thanks them!)

HOMES

2 new listings: 868 Rabbit Rd 3/2 $550K, 5757 Baltusrol Ct 3/3 $1.579M.

1 price change: 1755 Jewel Box Dr 3/2 now $755K.

3 new sales: 970 Greenwood Ct 3/2.5 half-duplex listed at $429.9K, 9401 Beverly Ln 3/3 listed at $675K, 1136 Golden Olive Ct 4/4.5 listed at $2.59M.

4 closed sales: 513 Rabbit Rd 3/2 $628.5K, 534 N. Yachtsman Dr 3/2 $825K, 845 Birdie View Pt 3/3 $1.1065M, 844 Lindgren Blvd 3/3 $1.205M.

LOTS

Nothing to report.

Captiva

CONDOS

No new listings.

1 price change: Bayside Villas #5118 1/2 now $377.9K.

1 new sale: Beach Villas #2426 2/2 listed at $537.5K.

1 closed sale: Ventura Captiva #2A 3/3 $900K.

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 a “cool” September!

Susan Andrews aka SanibelSusan

Come to Sanibel & Captiva to Cool Off


It’s another mostly-sunny Friday on Sanibel. Weather again this week has been a typical Florida summer pattern with warm bright days and occasional showers popping up – usually late day. The residual clouds continue to contribute to some gorgeous sunsets.

 

With disbelief, the team has watched up-north forecasts for high temperatures. If you are wondering about here, daytime highs next week are expected to be 87 to 89 degrees F; then, down to 79 degrees most nights, with 40% chance of daily showers.

Meanwhile, if  you are wondering, the gulf waters still are great and shells continue to roll in, particularly after the mini-storms.

Island Real Estate Happenings

There hasn’t been much Sanibel/Captiva real estate action this week. I got a surprise visit from a prospective buyer looking to purchase our near-beach lot listing. It’s always fun to help a young family achieve their dream of raising their family on the island. A summary of the activity posted in the Sanibel & Captiva Multiple Listing Service follows a few news items below. Next Thursday morning is the local Association of Realtors® July Membership meeting.

It’s a Sea Turtle Highway

SCCF photo

That was part of the description of a Facebook post this week by SCCF (Sanibel-Captiva Conservation Foundation) which also said “Sanibel Island has surpassed 700 nests so far this season! Combine that with over 1,000 false crawls and our beaches are basically a sea turtle highway! It is also an interesting time of year because while we still have nesting mothers coming ashore, we have nests hatching too!

Please remember if you happen to be on the beach at night to always use red filters on any source of white light so none of our turtles become disoriented! For more information about sea turtle disorientations, please visit: http://myfwc.com/…/wild…/sea-turtle/lighting/disorientations”.

Scoop from Sanibel City Council Meeting, Tues July 16

At their Tuesday meeting, Sanibel Council considered the draft City budget for 2020 (FY 2020). It proposes a $70,443,258 budget with a 1.9139 operating millage rate (which is the same rate assessed to taxpayers since 2016). The Lee County Property Appraiser’s office preliminarily assessed the City of Sanibel’s taxable property value at $5,279,612,650, a historic high and 1.6% higher than last year. The first public hearing on Sanibel’s tentative budget and tentative operating millage rate will be Mon, September 9 at 5:01 p.m. The second will be Mon, September 23 at the same time. Both meetings will be at MacKenzie Hall at 800 Dunlop Road.

Council’s action on a proposed draft ordinance that would prohibit use of motorized scooters on Sanibel’s shared use path system was delayed until the August meeting. Also postponed was their action on the proposed ordinance regarding gas-powered leaf blowers.

On a positive note, Council voted to adopt a resolution in support of reducing plastic litter. It calls for individuals and businesses to voluntarily use “environmentally friendly” alternatives to disposable plastic bags, to include those made from paper, cloth, canvas, and other natural products. (Florida statutes do not allow local governments to rule or regulate disposable plastic bags, so this resolution is an alternative.)

Marketing to 55+ Buyers?

Older buyers aren’t much different than younger ones. Most now rely on social media and the internet for information, with print ads increasingly less effective. Since the islands of Sanibel and Captiva continue to be a destination that is like a step back in time, our weekly “Island Sun” still brings inquiries. The print edition delivered to island households and mailboxes is read as often on-line, while our social media advertising (Facebook, Instagram, Twitter) and internet advertising have hugely increased this year.

The below article from Florida Realtors® on-line this week addresses the subject. Sourced to “Online Preferences of 55+ Homebuyers,” Immersion Active (July 2019), © Copyright 2019 INFORMATION INC., Bethesda, MD (301) 215-4688

“NEW YORK – Home-buyers over age 55 rely on technology to find their home, just like their younger counterparts. They say internet searches and social media greatly influence their home-buying decisions, according to a new survey of home buyers 55 and older conducted by Immersion Active, a marketing solutions agency.

“Of the 55-plus consumers surveyed, 89% said they intend to purchase a new home in the next five years and nearly 70% of respondents said they used online real estate directories for sources of information, with Realtor.com, Zillow, and Redfin among the most popular. Online community directories that target the boomer market, such as Ideal Living and 55Places.com, were also frequently used, according to the survey.

“Many older home-buyers said they checked communities’ or developers’ social media channels. Social media and community websites allow prospective buyers to get a sense of the community’s lifestyle through photos and videos. Social media also allows consumers to see comments and feedback from current residents.

Facebook was the top social media channel for 55-plus buyers: 89% of consumers who used social media used Facebook, while 38% used Instagram and 31% used Pinterest.

““Social media has become a leading source of word-of-mouth recommendations,” the survey found. “It’s where consumers go for recommendations and referrals from friends and even strangers.”

10 highest-rated features on community websites

  • Downloadable floor plans (52%)
  • Interior photos of fully furnished homes (51%)
  • Exterior photos of available homes or lots (49%)
  • HOA Information (47%)
  • Information about amenities (34%)
  • Community benefits and amenities (pool, trails, golf, boating, etc.) (32%)
  • Photos of community life (26%)
  • Local area information (schools, restaurants, shops, etc.) (17%)
  • Content on community social lifestyle and activities (14%)
  • About the builder (13%)

“On the other hand, traditional marketing methods were ranked as least popular by older home-buyers. Only 13% of the 55+ buyers said they found information through print publication or direct mail, and only 3% reviewed welcome packets or brochures.

““This should be a reality check for community developers and builders who rely heavily on print ads, billboards and other traditional marketing methods,” says Joe Ford, president and senior digital strategist at Immersion Active. “Internet marketing – including websites and social media – is more vital than ever to 55-plus home-buyers as they search for the perfect home. For the best leads, developers and builders need to optimize their online presence and ensure their content depicts what life is like for the consumer if they purchased a home in the community.”

“They also need to be readily available to respond to inquiries. However, the survey found that most home-buyers don’t expect an answer to their social media or website inquiries immediately, but they do expect some kind of response, usually within 24 hours or one business day.”

Off-Season Closing

Sanibel Historical Village will close Wed, July 31 and reopen Tues, October 15.

Summer Freebies – National Park & Recreation Month

Lee County Commissioners signed a resolution designating July as National Parks & Recreation Month. In recognition, Lee County Parks & Recreation will offer free pool admission and free parking on July 27 and 28 at the following locations:

  • Regional parks: Lakes Park, Manatee Park, Hickey Creek Mitigation Park, Caloosahatchee Regional Park, Six Mile Cypress Slough Preserve, and Caloosahatchee Creeks Preserve.
  • Beaches: Bonita Beach Access No. 1 & 10, Bonita Beach Park, Bowditch Point & Lynn Hall Memorial Park, Bunche Beach, Bowman’s Beach, & Turner Beach (north side of Blind Pass).
  • Boat ramps: Punta Rassa, Matlacha, Alva, Davis, Pine Island Commerical Marina, & Imperial River.
  • Pools: Leigh Community Pool, North Fort Myers Community Pool, Pine Island Community Pool, & San Carlos Community Pool.

More info at www.leeparks.org .

Europe Completes Its First Ever Blockchain Real Estate Sale for €6.5 Million

The July issue of ePro®’s newsletter had a link to the following article from Forbes, June 30. It is amazing how real estate business is changing with technology. Sanibel/Captiva Realtors® are looking forward to the advanced features that will be provided next month after conversion to our new Multiple Listing Service provider, while in Europe, the sale described below likely foretells the future of real estate sales. It will be interesting to see this evolve.

“Last week, the AnnA Villa in Paris made history by becoming the first ever European property to be sold entirely via blockchain transaction. The luxury building, located in the city’s Boulogne-Billancourt district, was valued at €6.5 million, and was sold to French real estate companies, Sapeb Immobilier and Valorcim. The process involved first transferring ownership of the building to a joint-stock company (SAPEB AnnA), then dividing the company into 100 tokens to be distributed to the owners respectively. Each token can be further broken down into 100,000 units, meaning individual shares of the building can be bought and sold for as little as €6.50.

“The deal – which was managed by French blockchain investment platform, Equisafe -was powered on the Ethereum token, and was the latest of several worldwide efforts to bring real estate sales onto blockchain technology. Last year, a $30 million Manhattan property was also tokenized on Ethereum, and in January of this year, a luxury resort in Aspen, Colorado raised $18 million through a security token offering.

“Real estate has often been touted as an industry ripe for tokenization, as its low liquidity and high barrier to entry deter many potential investors. Breaking real estate into fractional ownership would allow the general public easy access to small shares, enabling property to be traded similar to other exchange-based securities.

A search for real estate tokens reveals dozens that are already trading on secondary markets. For instance, digital equities group, Elevated Returns, plans to tokenize $100m of real estate in Thailand this year, while UK-based BRIKCOIN hopes to use blockchain technology to build affordable housing.

“Beyond the advantages of liquidity, tokenizing the real estate process provides many other advantages over a traditionally antiquated process. For instance, in the sale of the AnnA Villa, much of the cumbersome legal documentation involved with selling property (such as notarized deeds and proof of identity), was all encrypted and recorded on the blockchain. If scaled effectively, the time and cost saved from not having to manually verify this information could prove to be enormous. Equisafe is going as far as to claim individuals will be able to create investor profiles and access offers in less than half an hour.

“While the real estate industry is still very new to blockchain, it appears there is sustained interest in what the technology could provide moving forward. With precious few experiments to glean insight from, it’s likely this deal will have many eyes observing the outcome.”

Sanibel & Captiva Islands Multiple Listing Service Activity July 12-19, 2019

Sanibel

CONDOS

2 new listings: Sanibel Arms West #M2 2/2 $559K, Sanibel Arms West #I1 2/2 $569K.

2 price changes: Mariner Pointe #952 1/1 now $419K, Sandals #A 3/3.5 now $1.987M.

No new sales.

1 closed sale: Heron at The Sanctuary III #1B 3/2.5 $700K.

HOMES

3 new listings: 1684 Bunting Ln 2/2 $505K, 1060 White Ibis Dr 3/2 $749K, 1230 Bay Dr 3/3 $1.749M.

2 price changes: 547 N Yachtsman Dr 4/3.5 now $989K, 725 Donax St 6/6 now $1.295M.

4 new sales: 785 Rabbit Rd 3/2 half-duplex listed at $379K, 1520 Centre St 3/2 listed at $432.5K, 6047 Sanibel-Captiva Rd 3/2.5 listed at $1.095M, 1159 Golden Olive Ct 3/2 listed at $1.59M.

7 closed sales: 1886 Farm Trl 3/3 $600K, 4779 Rue Helene 3/3.5 $674K, 3284 Twin Lakes Ln 4/4 $765K, 3050 West Gulf Dr 3/2.5 $770K, 5240 Caloosa End Ln 3/3 $775K, 947 Cabbage Palm Ct 3/3.5 $878.75K, 955 Lindgren Blvd 3/2 $920K.

LOTS

1 new listing: 2510 Coconut Dr $749K.

No price changes.

3 new sales: 898 Rabbit Rd listed at $170K (our listing), 0 Dinkins Lake Rd listed at $268.5K, 1817 Longpoint Ln listed at $294.5K.

No closed sales.

Captiva

CONDOS

1 new listing: Beach Homes #21 3/3 $3.5M.

1 price change: Sunset Captiva #103 2/2 now $800K.

1 new sale: Tennis Villas #3217 1/1 listed at $320K.

No closed sales.

HOMES & LOTS

Nothing to report.

This representation is based in part on data supplied by the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service. Neither the association nor its MLS guarantees or is in any way responsible for its accuracy.  Data maintained by the association or its MLS may not reflect all real estate activity in the market.  The information provided represents the general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.

Until next Friday, stay cool!

Susan Andrews, aka SanibelSusan

Almost Mother’s Day on Sanibel & Captiva


Another sunny Sanibel Friday has arrived. The rainy season may be beginning as the first of the big white summer popcorn clouds rolled in late yesterday which resulted in some island showers last night. This afternoon, after a morning of bright blue sky, it looks like those clouds again are forming on the eastern horizon. Early summer is when rain often come across the state & rolls onto the island from the mainland. The joke is that though the rest of Lee County gets wet from these showers, they always don’t make it to the island – as they don’t have toll money.

This was the first week of the Association of Realtors® off-season biweekly Caravan schedule, so there was no meeting yesterday. There has been some sales activity though, three condos and two homes on Sanibel went under contract this week. I got one of them done last Sunday with folks who viewed Saturday and were at the airport boarding. Gotta love modern technology!

Mom & child

The SanibelSusan Team wishes all the Mom’s a Happy Mother’s Day on Sunday.

The action posted in the Sanibel & Captiva Multiple Listing Service since last Friday follow a couple of news items.

A Look at the Real Estate Market Nationally

REALTOR-Magazine_Logo_Realtor® magazine’s May-June 2019 issue had another article from my favorite economist, Lawrence Yun. Though his comments are about real estate nationally, it has good news.

“Consumer confidence remains high and many people are saying now is a good time to buy. Inventory is also increasing, reducing buyers’ concerns they’ll be elbowed out of the way whey they try to buy.

“But the market is bifurcated. Moderately priced homes are in high demand while upper-end homes are moving slowly. Affordability is what consumers are looking for….

“With the economy set to grow this year, we expect to set a record with more than 120 consecutive months of GDP expansion. More than 20 million net new jobs have been added, and the average wage has increased to $23.18 per hour, up 3.5%, the largest annual rise in a decade. Consumer confidence is following suite; the index reached 124 in March compared to the 50-year average figure of 93. Moreover, 37% of consumers strongly believe now is a good time to buy, according to National Association of Realtors® figures for the 1st quarter of 2019, up from 34% in the prior quarter. Low mortgages rate help. But a good economy and more inventory are also boosting consumers’ outlook….”

“Existing home sales jumped almost 12% in February. NAR Chief Economist Lawrence Yun attributes the surge largely to the Federal Reserve’s plan to keep interest rates low for the remainder of the year. The one-month gain is among the largest ever recorded by NAR.”

Want Flood Insurance for Hurricane Season? Hurry Up!NationalFloodInsuranceProgr

Good reminder article posted on-line at Florida Realtors® on Monday:

“WASHINGTON – May 6, 2019 – While some Florida homeowners have private options, national flood insurance has a 30-day waiting period in most cases – and hurricane season starts in 25 days.

“As it stands now, the entire National Flood Insurance Program (NFIP) expires on May 31, 2019. Should that happen, homeowners won’t lose coverage, but homebuyers may not be able to secure coverage even if it’s demanded by their lender. Congress may have a new plan in place for the program by then, or they may authorize a short-term extension as they have done in the past.

“In any case, homeowners and buyers should prepare for the possibility of another NFIP hiatus. NFIP issued the following commonly asked questions about flood insurance coverage:

Why do I need flood insurance? Standard homeowner’s insurance policies do not cover floods, and it’s wise to consider flood insurance even if you are not required to purchase it. Even if you live outside a high-risk flood zone, called a Special Flood Hazard Area, it’s a wise decision to buy flood insurance. In fact, statistics show that people who live outside high-risk areas file more than 25% of flood claims nationwide.

“It’s often said that wherever it rains, it can flood. So, while flood zones are specific geographic areas where there is a higher statistical probability of a flood occurring, floods do occur elsewhere. Florida, for example, has exceeded that statistical probability, putting more homes and properties at risk than expected over the last five years.

“FEMA calculates that just three inches of floodwater in a home likely will require replacing drywall, baseboards, carpets, furniture and making other necessary repairs. If you don’t have flood insurance, your likely out-of-pocket cost (based on a 1,500-square-foot, one-floor home) is estimated at $15,000. For six inches of water, estimated loss jumps to an estimated $23,000. And 18 inches or more could require repairs to electrical, heating and cooling systems plus replacing doors, appliances and cabinetry. The estimated cost: $30,000.

“How does flood insurance work? If a community participates in the National Flood Insurance Program (NFIP), both building and contents coverage can be included in a policy for homeowners and businesses. Renters can get coverage for contents only. Policies issued by the NFIP pay even if a federal disaster isn’t declared.

“In Florida and other states recently impacted by hurricanes, NFIP streamlined the claims process, enabling policyholders to receive advance payments to jump-start rebuilding. Some policyholders were recently able to get advance payments up to $5,000 without an adjuster visit or additional documentation. Some received advance payments of up to $20,000 if they had photos/video evidence and receipts or a contractor’s estimate.

A Preferred Risk Policy (a lower-cost flood insurance policy) provides both building and contents coverage for properties in moderate-to-low risk areas. This policy can be purchased for as little as $325 per year.

“When should I buy a policy? As soon as possible. There’s a waiting period. NFIP cannot pay a claim without a policy in effect when damage occurs. A new insurance policy from NFIP becomes effective 30 days after you buy it, unless the purchase is associated with the origination, renewal or extension of a federally backed loan on property in a high-risk area.

“Even if I’m not in a flood hazard area, can I purchase flood insurance? Yes, providing your community participates in NFIP. You’re eligible to purchase a flood policy with the same coverage you would receive if you lived in a high-risk area.

“Can I get flood insurance if I’m renting a property? Yes. If you live in a community that participates in NFIP as a renter, flood insurance covers the contents of your home, apartment or business at a rented location. An insurance agent can talk about the costs and ways to lower those costs.

“NFIP policy holders choose their amount of coverage. The maximum for one to four family residential structures is $250,000 in building coverage and $100,000 in contents coverage. For residential structures of five or more units, the maximum is $500,000 in building coverage and $100,000 in contents coverage. The maximum for businesses is $500,000 in building coverage and $500,000 in contents coverage.

“How much will I get from NFIP after flood damage? There are some misconceptions about the amount a policyholder will receive following flood-caused damage. While a policy may state it covers losses up to a certain amount:

  • The amount paid to the policyholder on a homeowner’s flood insurance policy will cover only the cost of actual damage caused by the flood.
  • The amount paid on contents will cover only actual losses caused by the flood.
  • The amount paid to businesses covered for structure and contents will be only for actual losses by the flood.

“Where can I buy flood insurance? Contacting your insurance company or agent. For an agent referral call 800-427-4661 or visit FloodSmart.gov.”

SanibelSusan Realty has the following local insurance providers on their vendor list:

Visit the BIG ARTS Construction Site

If you are wondering about the progress of the new facility being constructed at BIG ARTS on Dunlop Road next to City Hall & the Historical Village & Museum, they have installed a camera on the construction site. You can click on the video all summer on at https://bigarts.org

 

Work is ahead of schedule with the grand opening expected in January 2020. In the meantime, BIG ARTS staff have expanded their temporary office space behind SanibelSusan Realty.

Sanibel & Captiva Islands Multiple Listing Service Activity May 3-10, 2019sancap GO MLS logo

Sanibel

CONDOS

3 new listings: Blind Pass #E202 2/2 $470K, Gulfside Place #326 2/2 $1.449M, Pine Cove #202 3/2 $1.55M.

5 price changes: Sand Pointe #111 2/2 now $684.5K, Island Beach Club #210B 2/2 now $739K, Sundial #P203 2/2 now $899K, Beachcomber #D101 2/2 now $1.05M, Villas of Sanibel #A102 3/3 now $1.295M.

3 new sales: Loggerhead Cay #471 2/2 listed at $544K, Cottage Colony West #112 1/1 listed at $605.9K, Lighthouse Point #229 3/2 listed at $675K.

5 closed sales: Island Beach Club #310B 2/2 $635K, Oceans Reach #4B1 1/1 $680K, Sundial #A201 2/2 $825K, Loggerhead Cay #133 2/2 $870K, Signal Inn #19 3/2 $1.045M.

HOMES

3 new listings: 1550 Centre St 3/2 $665K, 955 Lindgren Blvd 3/2 $985K, 1460 Middle Gulf Dr 3/4.5 $1.949M.

12 price changes: 1357 Jamaica Dr 2/3 duplex now $549K, 681 Rabbit Rd 3/2.5 now $599K, 1441 Sand Castle Rd 3/2.5 now $649K, 1223 Par View Dr 3/2 now $810K, 5659 Sanibel-Captiva Rd 2/2 now $924.9K, 1244 Par View Dr 4/3 now $979K, 772 Birdie View Pt 3/3.5 now $1.169M, 2303 Troon Ct 3/3.5 now $1.189M, 2385 Wulfert Rd 4/5 now $1.299M, 599 Lake Murex Cir 3/3.5 now $1.349M, 4709 Rue Belle Mer 3/2 now $3.199M, 6111 Sanibel-Captiva Rd 5/4/3 now $16.895M.

2 new sales: 5869 Pine Tree Dr 3/2 listed at $595K (our buyer), 9224 Dimmick Dr 3/2 listed at $859.9K.

5 closed sales: 1018 Demere Ln 4/2 $599K, 1160 Junonia St 3/2 $700K, 2510 Harbour Ln 2/2 $1.15M, 928 Beach Rd 4/3 $1.295M, 4355 West Gulf Dr 4/4/2 $5.25M.

LOTS

1 new listing: 2438 Wulfert Rd $349K.

No price changes or new sales.

1 closed sale: 6217 Starling Way $1.3M.

Captiva

CONDOS

Nothing to report.

HOMES

No new listings, price changes, or new sales.

1 closed sale: 11535 Wightman Ln 4/4 $1.73M.

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.

mother-duckUntil next Friday, Susan Andrews, aka SanibelSusan

The clip art to the right is reminiscent of Dave’s open house yesterday on Limpet Dr. He found ducks frolicking in the swimming pool. “When the owners’ away, the ducks will play.”

Happy Mother’s Day!