Woohoo, Tonight Is Sanibel Luminary


It is another happy Friday with holiday news from SanibelSusan. Tonight, being Sanibel Luminary, the island already is sparkling with lights and trimmings. With daytime temperatures this week in the 60’s and 70’s, perhaps it will be cool enough tonight to wear Christmas sweaters. It is always fun to see the luminary trail filled with folks in those, and shorts with flip flops. The luminary trail will be lit from 5:30 to 9 p.m., from one end of Periwinkle Way to the other.

Midweek, across the street from SanibelSusan Realty, at Sanibel’s Community Park, we watched as City employees finalized decorations on the bike path there. The display begins with an archway at the playground entrance next to the Community House. Guarded by a nutcracker soldier, the delightful display continues through a tunnel of lights, ending with a “photo op” banner and bench which will be staffed tonight by City lifeguards and Recreation Department staff.

When I told the team that I thought they were installing life-size mechanical snowmen, teammates Dave and Elise corrected me saying these snowmen had faces and were really bending over and moving. Then, later when City Manager Judie Zimomra posted on social media about this upcoming photo op event and I shared my snowman story, she also corrected me – saying they really are snow-women.

Yesterday afternoon the display expanded when an igloo appeared – made by teens in the City’s Rec Center after school program – and using empty water jugs. According to a City post, it contains 422 1-gallon plastic jugs, 24 half-gallon jugs. It took a month to collect the jugs and about 18 hours to construct with 285 glue sticks. It’s 5’2” high and weights just over 42 pounds. Thanks to our City Manager for sharing her photos!

If you are in the neighborhood tonight, stop in and get your picture taken with the igloo which is framed by two blow-up snowmen. It and the live Sanibel snow-gals will be at the bench at the tunnel’s end until 9 p.m.

Looking for other holiday festivities? Info about a few more posted below, followed by some other island news and our weekly reports of the action with our listings and as posted since last Friday in the Sanibel & Captiva Multiple Listing Service.

Holiday Festivities, Shopping, & Helpers

  • 35th Annual Sanibel Holiday Luminary Stroll – From one end of Periwinkle to the other, tonight until 9 p.m. At 6 p.m. SanibelSusan and other BIG ARTS Chorus pals will be singing Christmas carols inside Bailey’s General Store. Come and join us! Sanibel Luminary Update from the City’s website: (mySanibel.com): This year there will be designated “Walk Your Bike” zones in the traditionally high traffic portions of the Shared Use Path.  ALL path users, pedestrians and cyclists, are reminded that all users should wear bright, reflective clothing and carry a light such as a flashlight at Luminary.  Please use caution and common sense at the event, including only crossing the road at designated crosswalks and carefully following all instructions of on-site law enforcement. The Sanibel Chief of Police reminds all cyclists that Florida’s bicycle law requires any bicycle in use between sunset and sunrise be equipped with a lamp on the front exhibiting a white light visible from a distance of at least 500’ to the front and a lamp and reflector on the rear each exhibiting a red light visible from a distance of 600’ to the rear.
  • Sanibel-Captiva Lions Christmas Tree Salenext to Island Cinema at the Bailey’s Center, Wed through Sun, 10 a.m. to 5 p.m., selling Michigan Fraser firs from 5’-10’, wreaths, & stands.
  • 10th Annual Golf Cart Parade Followed by 35th Annual Captiva Holiday Luminary Stroll – tomorrow, Saturday, 12/7. Golf cart parade beginning at 2 p.m. near the entrance of South Seas Island Resort. Judging at 2:30 p.m., then parade begins at 3:30 p.m., followed by luminary from 5:30 to 9 p.m.
  • South Seas Holiday Stroll – at the resort’s Yacht Harbour Marina & north end, Fri & Sat nights, 12/6 & 7, 12/13 & 14, 12/20 & 21 from 6 to 9 p.m. featuring “ice” skating, entertainment, arts & crafts, treats, & more. Complimentary to resort guests, public entry with $10 donation to benefit Captains for Clean Water, children under 12 free. More info at SouthSeas.com
  • BIG ARTS Community Chorus Holiday Concert – Tues, 12/10 at 7 p.m. at the Sanibel Community Church as the new BIG ARTS performance hall is under construction. Tickets ($12, with children under 12 free) at the door or on-line at BIGARTS.org.
  • Art Under the Stars – Thur, 12/12 from 5 p.m. a collaboration between Hirdie-Girdie Gallery (2490 Library Way), Tower Gallery (751 Tarpon Bay Rd) & Suncatcher’s Dream (630 Tarpon Bay Rd, #2)
  • Captiva’s First Ever Blues on the Beach – Sat, 12/14 at 15951 Captiva Dr from 7 to 10 p.m. Tickets on-line ($15) at Tween-Waters.com/shop or at the door ($20).
  • Friends Who CareRemember last month when island Realtors® collected toys and gift cards at their annual “Fall Into Christmas” event? These donations go to Friends Who Care who coordinates the annual Santa Run which delivers the gifts to needy island children and seniors on Dec 23. If you are available to help sort and wrap the many donations, sorting day is at The Community House on Wed 12/18 at 2 p.m., followed by wrapping on Thu 12/19 at 9 a.m. Adult volunteers are needed, please bring your own scissors on wrapping day.

Real Estate Happenings

Usually the days between Thanksgiving and Christmas are busy with holiday preparations, but it also can be a good time for real estate. Just ten new listings were open for Realtor® Caravan yesterday morning, but Dave and Lisa were both out showing Captiva property yesterday afternoon and I have a full line-up of Sanibel homes and condos to show on Saturday. I always remind myself about the time I sold a house on Christmas Day. Sometimes the hype of the season helps spark the sale.

Sanibel Scoop

  • New Location for Center-4-Life – At their Tuesday meeting, Sanibel City Council voted to purchase the commercial property at 2475 Library Way (currently Sanibel-Captiva Community Bank). It will be the future home of the City’s new Center-4-Life facility. More and updated space is needed for the expanded Island Seniors membership, programs, and activities. The sale is expected to finalize before the end of the year.
  • SCCF & Sanibel Sea School Join Forces – Sanibel-Captiva Conservation Foundation (SCCF) and Sanibel Sea School will begin 2020 as a united force to better conserve the coastal ecosystems. As announced this week, starting January 1, the Sanibel Sea School will become SCCF’s education department. The two organizations will become a single nonprofit with Dr. Bruce Neill of the Sea School becoming SCCF’s director of education. SCCF currently is renovating its former Nature Center on Sanibel-Captiva Rd into an education hub with an auditorium that will feature presentations and displays on SCCF’s varied programs. Coastal Watch, an island-based advocacy arm of the Sanibel Sea School, also will become part of SCCF. Dr Neill summed it up nicely, saying, “We can best support nature and serve our community with a single unified voice, broadcast across multiple wavelengths, to promote nature resources conservation.”

Changes at Island Eats

  • Cielo – was remodeled and renamed this summer (formerly Il Cielo). It reopened this week at 1244 Periwinkle Way with a new bar room featuring small plates and exotic drinks. More info at https://cielo-sanibel.com .
  • Sanibel Chocolate Shop & Patisserie – in the former location of Pinocchio’s at 362 Periwinkle Way, open daily 8 a.m. to 10 p.m., serving artisan sandwiches & fresh baked pastries, muffins, crumb cake, croissants, and quiche. Also, Norman Love confections and homemade ice cream.

Sanibel & Captiva Islands Multiple Listing Service Activity November 29-December 6, 2019

Sanibel

CONDOS

5 new listings: Sanibel Moorings #311 2/2 $599K, Loggerhead Cay #222 2/2 $649K, Lighthouse Point #114 3/2 $679K, Loggerhead Cay #134 2/2 $995K, Sunward of Sanibel #201 3/2 $1.35M.

3 price changes: Mariner Pointe #642 2/2 now $585K, Loggerhead Cay #553 2/2 now $679K, Cottage Colony West #102 1/1 now $609,906.

1 new sale: Sanctuary Golf Villages I #5-1 2/2.5 listed at $754.5K.

3 closed sales: Sundial #H307 1/1 $412.5K, Breakers West #A5 2/2 $489K, Wedgewood #305 3/3.5 $1.425M.

HOMES

7 new listings: 965 Beach Rd 3/2 half-duplex $499K, 433 Lake Murex Cir 3/2 $665K, 2010 Wild Lime Dr 3/3 $729K, 1056 S Yachtsman Dr 3/2 $879K, 1271 Par View Dr 3/3 $949K, 2569 Coconut Dr 3/2 $989K, 5855 Sanibel-Captiva Rd 3/2 $995K.

10 price changes: 1684 Bunting Ln 2/2 now $491.5K; 1356 Jamaica Dr 2/1.5 now $575K; 1536 Bunting Ln 3/2 now $589,995; 4619 Brainard Bayou Rd 3/2 now $595K; 280 Southwinds Dr 3/3.5 now $699K; 218 Daniel Dr 3/2.5 now $745K; 1031 Sand Castle Rd 3/3 now $799K; 5835 Pine Tree Dr 3/2 now $844.5K; 5186 Sea Bell Rd 3/3 now $875K; 1285 Par View Dr 4/2.5 now $879K.

5 new sale: 401 Raintree Pl 3/1.5 listed at $475K; 1805 Ibis Ln 2/2 listed at $519K, 707 Cardium St 3/2 listed at $729K; 632 Lake Murex Cir 3/2 listed at $719,007; 247 Christofer Ct 3/2 listed at $799K

1 closed sale: 2414 Wulfert Rd 4/4.5 $1M.

LOTS

3 new listings: 2002 Wild Lime Dr $319K; 0 Dixie Beach Blvd $525,555; 6419 Pine Ave $889K.

2 price changes: 2279 Wulfert Rd now $318K, 3945 West Gulf Dr now $3.495M.

No new sales.

1 closed sale: 898 Rabbit Rd $160K (our listing & sale).

Captiva

CONDOS

2 new listings: Tennis Villas #3137 2/2 $474K, Beach Cottages #1404 2/2 $1.245M.

1 price change: Beach Villas #2417 1/1 now $505K.

No new sales.

1 closed sale: Beach Homes #11 4/3 $2.285M.

HOMES

1 new listing: 53 Sandpiper Ct 2/2.5 $889K.

4 price changes: 11501 Laika Ln 3/3 now $1.3M, 11547 Laika Ln 4/4 now $1.995M, 11528 Andy Rosse Ln 1/2.5 now $2.6M, 15147 Captiva Dr 6/5.5 now $4.595M.

No new or closed sales.

LOTS

No new listings.

1 price change: 11525 Murmound Ln now $795K.

No new sales.

1 closed sale: 13470 Palmflower Ln $1.375M.

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, may your holiday festivities also be fun!

Susan Andrews, aka SanibelSusan

It May Be Warm & Sunny, But The Islands Are Transitioning From Thanksgiving to Christmas


Here’s hoping your Thanksgiving holiday is continuing right through the weekend. On Sanibel, the island has quickly flipped into Christmas mode. Teammate Elise had our office decorated before she headed out Wednesday.

Many other businesses have done the same. This year, with Thanksgiving so late, it makes sense to hurry and get ready. Island luminary celebrations are next weekend and Christmas is in just 26 days!

Below are some upcoming local events and news items, followed by the weekly report of the action posted in the Sanibel & Captiva Islands Multiple Listing Service.

Upcoming Events

  • Sanibel Masters Art Festival– today & tomorrow, 11/29 & 30 from 9 a.m. to 4 p.m. at The Community House & Community Park (across the street from SanibelSusan Realty)
  • 35th Annual Sanibel Holiday Luminary Stroll – next Friday, 12/6 from 5:30 to 9 p.m.
  • 35th Annual Captiva Holiday Luminary Stroll – next Saturday, 12/7 from 5:30 to 9 p.m., the annual Golf Cart parade from 3:30 to 5:30 p.m. precedes the holiday stroll
  • BIG ARTS Community Chorus Holiday Concert – Tues, 12/10 at 7 p.m. at the Sanibel Community Church. (We thank them for the use of their sanctuary while the new performance hall is under construction on the BIG ARTS campus.) Tickets are just $12, children free. Get them at the door or on-line at www.BIGARTS.org.

 

Real Estate Happenings

Because of the holiday, the local Association of Realtors® had no Caravan meeting yesterday. However, below is a summary of 2019 Sanibel sales stats. Overall, sales continue to lag last year, while in our office our sales this year are better than 2018.

The Sanibel & Captiva Islands Association of Realtors® has 245 board and MLS members. With these statistics showing just 320 closed sales this year, there unfortunately are members with no sales. Many years, SanibelSusan has ranked 9th in number of sales but this year, so far, I’m in 8th, with 20 sides closed. Being top dog is not my goal, but this year’s number of closed transactions is a good indication that our business is improving. When teammates Dave and Lisa are not in the office supporting our listings, they also are selling. So far, they have two sales on-island and one in town.

Sanibel Condos Homes Lots
Status as of 11/29 # Avg Price Avg DOM # Avg Price Avg DOM # Avg Price Avg DOM
Available 127 810,576 173 182 1,428,182 142 74 755,033 433
Under contract 16 757,278 77 15 1,037,560 99 1 170,000 239
Sold/closed 2019 112 683,554 156 194 952,490 168 14 387,357 715
Sold/closed 2018 155 720,617 178 218 1,112,747 164 21 602,095 240

Weather Update

Being the time of the year when we are especially thankful for Florida’s weather, shellers today are posting about the hundreds of sand dollars covering the flats at low tide. Bright blue skies and sunshine with temperatures in the 70’s have made for continued wonderful days, while clear night skies have made evening star watchers happy too. Daytime temperatures in the high 70’s are expected until Tuesday when the next cold front arrives and a high of just 64 is forecast.

One of the best postings that I saw this week was on Wednesday by SCCF (Sanibel-Captiva Conservation Foundation) which says “The coast looks clear for a beautiful beginning to Thanksgiving weekend on our beaches based on one forecasting tool. For the first time since the launch of #HABscope last month. The respiratory irritation forecast due to red tide is very low to none on Sanibel beaches today through tomorrow night. Scientists at our Marine Lab provide testing of water samples three times a week from Bowman’s Beach and Tarpon Bay Beach. Sanibel Sea School does sampling at Lighthouse Beach for this Gulf of Mexico Coastal Ocean Observing System – GCOOS tool….”

That post coincides with what happy beach-goers and boaters have been saying – gulf waters are clear, with no red tide evident. Let’s hope it stays that way!

Study: Lots of Listings Coming as Baby Boomers Age

Posted on-line this week from Florida Realtors®: “Boomers own about 1/3 of all U.S. properties and 27% of them will sell their home within the next 20 years – but some metros will feel the impact more than others.

“SEATTLE – Builders have struggled to overcome land scarcity and rising labor costs and materials. But a flood of homes will come on the market over the next 20 years as baby boomers age – enough to affect local economies in traditional retirement areas.

“Northerners are struggling. They love winter sunshine and low taxes, but a decision to move 1,000 miles to Fla. isn’t easy. Will homesickness set in? How much does a trip “back home” to see family cost? And how much tax savings are we talking about?

“The boomer generation, once 76 million strong in the U.S., dwarfed the 55 million Gen-Xers and 62 million millennials it preceded. Today, the 60-and-older generation owns about a third of America’s homes, and a new analysis by Zillow attempts to show how their aging will impact the housing market.

“The study predicts that a “Silver Tsunami” of sellers will build slowly as the number of adults aged 60 or older pass away each year. However, a rise is expected in the 2020s and 2030s.

“In the decade from 2007 to 2017, roughly 730,000 U.S. homes were released into the market each year by seniors aged 60 or older. From 2017 to 2027 and from 2027 to 2037, that number is set to rise to 920,000 and 1.17 million per year, respectively. This means more than 27% of today’s owner-occupied homes will become available by 2037.

“While virtually all areas will feel the effects to some degree – between one-fifth and one-third of the current owner-occupied housing stock was impacted in every metro analyzed – the wave won’t hit all at once and won’t strike all markets equally.

“Retirement hubs like Florida and Arizona are likely to feel the sharpest impact. If demand erodes because fewer people choose to retire there in the coming years, those areas might end up with excess housing. Also heavily impacted will be regions like the Rust Belt, which saw younger people move away in recent decades, leaving older generations to make up a larger share of the population.

“Some regions will be far less affected. These include Salt Lake City, where a much smaller share of homeowners are in their golden years, as well as Atlanta, Austin, Dallas and Houston – all of which are vibrant but relatively inexpensive places that tend to attract younger residents looking for an affordable alternative to expensive coastal cities.

“Still, the differences in the share of homes released by seniors among metros are small compared to the differences within them. Palm Springs, for example, will see 45% of its owner-occupied homes vacated by 2037, compared with 23.8% of the combined L.A.-Riverside metro area overall. El Mirage and Sun City figure to see nearly two-third of their homes available, compared with 28.2% of the Phoenix area at-large.

“Housing released by the Silver Tsunami – upwards of 20 million homes hitting the market through the mid-2030s – will provide a substantial and sustained boost to supply, comparable to the fluctuations that new home construction experienced in the 2000s boom-bust cycle. Whether this housing is appropriately located, priced and styled to meet future demand, however, will be an important factor in how it pairs with new construction to alleviate today’s housing shortage.

“It seems likely, however, that the construction industry will, over the next 20 years, start to put a greater emphasis on updating existing properties rather than building from the ground up.”

Sanibel & Captiva Islands Multiple Listing Service Activity November 22-29, 2019

Sanibel

CONDOS

3 new listings: Sanibel Arms West #B2 2/2 $569.9K, Loggerhead Cay #324 2/2 $589K, Sanibel Sunset #301 3/2 $2.15M.

3 price changes: Blind Pass #E202 2/2 now $429K, Sunset South #2C 2/2 now $599K, Atrium #103 2/2 now $1.2999M.

2 new sales: Seashells #37 2/2 listed at $429K, Surfside 12 #A3 3/2 listed at $749K.

2 closed sales: Sanibel Arms West #E2 2/2 $825K (our listing), Villas of Sanibel #A102 3/3 1.15M.

HOMES

10 new listings: 1856 Ardsley Way 3/2 $525K, 3947 Coquina Dr 2/2 $595K, 550 Leather Fern Pl 3/2 $639K, 3570 Bunny Ln 3/3 $739K, 934 Cormorant Cir 3/2 $749K, 668 Anchor Dr 3/2 $958.5K, 6101 Starling Way 3/3.5 $1.189M, 1671 Hibiscus Dr 5/3 $1.299M, 228 Violet Dr 4/2 $1.749M, 1018 Dixie Beach Blvd 4/5 $2.449M.

4 price changes: 760 Cardium St 3/2 now $649K, 1223 Par View Dr 3/2 now $760K, 919 Pecten Ct 3/3/2 now $1.19M, 1898 Woodring Rd 2/2 now $2.5M.

1 new sale: 747 Windlass Way 4/3.5 listed at $2.45M.

4 closed sales: 1731 Serenity Ln 4/3 $583K, 6492 Sanibel-Captiva Rd 2/1 $842K, 788 Nerita St 3/3 $865K, 1345 Tahiti Dr 3/2.5 $1.075M.

LOTS

1 new listing: 638 Lake Murex Cir $565K.

No price changes, new sales, or closed sales.

Captiva

CONDOS

2 new listings: Bayside Villas #4216 1/2 $374.9K, Bayside Villas #5104 1/2 $410K.

2 price changes: Bayside Villas #5228 1/2 now $399K, Bayside Villas #5136 1/2 now $399K.

1 new sale: Ventura Captiva #2B 3/3 listed at $915K.

1 closed sale: Gulf Beach Villas #2008 2/2 $631,750.

HOMES

No new listings or price changes.

2 new sales: with contingencies: 11509 Chapin Ln 4/4 listed at $1,799,999; 11559 Laika Ln 2/2/2 listed at $4.9M.

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.

Best wishes for a continued & wonderful holiday season!

Til next Friday!

Susan Andrews, aka SanibelSusan

It’s Another Sunny Friday at SanibelSusan Realty


It’s another happy Friday, time for SanibelSusan’s weekly island report. After an overcast chilly weekend, those who complained that summer weather dragged on too long this year, were suddenly surprised with a day that didn’t get out of the 60’s (that was Sunday). Thankfully, the sun came out Monday morning as it warmed up to 71. Daytime temperatures stayed in the 70’s much of the week, which is below the islands’ November average which is 80 degrees F. Temperatures are expected to be back to the norm next week for the holiday, with Thanksgiving Day currently forecast to be a sunny 82 degrees F.

When the sun is out, the roads and bike paths continue to fill up with visitors. For those asking about upcoming holiday events and where they can get their Thanksgiving dinner, below is that info, followed by a couple of news items and a report of the action since last Friday in the Sanibel & Captiva Multiple Listing Service.

The SanibelSusan Team wishes you a wonderful Thanksgiving! Business is good. We are thankful for that and also ready for anyone looking for real estate here next week. The only day the office is officially closed is Thursday.

Upcoming Events

  • 18th Annual Community Thanksgiving Celebration – Sunday, Nov 24 at 6:30 p.m. at The Community House, with island-wide representation. Open to all, with food and monetary donations to benefit. F.I.S.H. of Sanibel-Captiva. Program participants will include representatives from local churches, City government, and BIG ARTS Community Chorus singers. See you there!
  • ‘Tween Waters Annual Tree Lighting Celebration – next Friday, Nov 29, from noon until 8 p.m.

Where On-Island to Dine or Get Fixin’s on Thanksgiving Day

The Sanibel-Captiva Chamber of Commerce posts a list of establishments that are open and closed on Thanksgiving Day. Rather than provide the long list including those closed, below is their list abbreviated with just those open on Thanksgiving.

BUSINESS OPEN/CLOSED COMMENTS PHONE
Bailey’s General Store 7 am -12 pm (239) 472 1516
Bleu Rendez Vous French Bistro 5 – 8 pm Reservations only (239) 565 1608
Bubble Room 11:30 am – 3 pm

& 4:30 pm – 8 pm

Recommend Reservations (239) 472 5558
Captiva House 12 – 8 pm Buffet, reservations only (239) 472 5161 (#4)
Crow’s Nest 4 – 8 pm (239) 472 5161 (#4)
Dairy Queen 11 am – 8 pm (239) 472 1170
Dante’s Pizza 5 – 10 pm (239) 558 4429
Doc Ford’s – Captiva 11 am -10 pm (239) 312 4275
George & Wendy’s Seafood Grille 5 – 10 pm (239) 395 1263
Geppetto’s 8 am -10 pm (239) 472 6566
Gramma Dot’s 11:15 am – 8 pm (239) 472 8138
Huxter’s Market & Deli 6:30 am – 10 pm (239) 472 6988
Island Cow 7 am – 8 pm (239) 472 0606
Jerry’s Food Store 6 am – 3 pm (239) 472 9300
Jerry’s Restaurant 6 am – 12 pm (239) 472 9300
Keylime Bistro 8 am – 10 pm (239) 395 4000
Lighthouse Cafe 7 am – 2 pm (239) 472 0303
Normandie (West Wind Inn) 8 am – 2:30 pm &

4:30 pm – 7 pm

(239) 472 1541
Pecking Order Order pick up til noon (239) 472 2534
Pinocchio’s Ice Cream 8 am – 10 pm (239) 472 6566
RC Otter’s 8 am – 6 pm (239) 395 1142
Sand Dollar 8 – 11 am & 5 – 10 pm Buffet 8-11, Dinner 5-10 (239) 395 4101
Sanibel Cafe 7 am – 2 pm (239) 472 5323
Sanibel Grill 4 – 10 pm (239) 472 3128
Schnapper’s 11 am – 4 pm (239) 472 8686
Sea Breeze Cafe 7 – 11 am (239) 395 6017
Sunshine Seafood Cafe 4 – 9 pm (239) 472 6200
Thistle Lodge 11 am – 7 pm Buffet, Reservations (239) 472 9200
Timbers 4 – 8 pm (239) 472 3128
Traditions (Island Inn) 4 – 9 pm (239) 472 4559

 

 

Sanibel & Captiva Islands Association of Realtors® November Membership Meeting

At the local Association of Realtors® monthly breakfast meeting yesterday, breakfast sponsor, J.N. “Ding” Darling Wildlife Refuge, Executive Director Birgie Miller told us about the recent National Fish and Wildlife Foundation award of a $5.309-million grant to the Refuge for restoring their newly-acquired 68-acre Wulfert Bayous area. “Ding” Darling Wildlife Society – Friends of the Refuge partnered with them for a grant from the Gulf Environmental Benefit Fund to restore bird population affected by the 2010 BP Deepwater Horizon Oil Spill. Grant monies will enhance this wetland habitat for roosting and nesting birds to attract species impacted by the spill, including roseate spoonbills, white ibises, brown pelicans, wood storks, and many egret/heron species.

Event speaker was Phillip G. Flood, Jr, Principal Regional Representative at the South Florida Water Management District. He updated us on the many water restoration projects underway in an area known as one of the world’s largest water management systems. It spans 16 counties, 18,000 square miles, with 8.1 million residents, 2,100 miles of canals, 2,100 miles of levees and berms, 600 water control structures, 625 project culverts, 70 pump stations, and 3,500 hydrological monitoring stations. With 23 multi-year projects underway, it may be several years before significant results are noticed here. The C-43 storage reservoir project is one of the projects closest to the islands. It is spread over 10,500 acres and divided into two reservoir cells and two pump stations. Though he complimented Sanibel for being proactive with its efforts to prevent pollution and overdevelopment, he acknowledged that the rest of the state needs to follow suit.

During the Caravan announcement segment of the meeting, only a handful of new sales and price reductions were mentioned. It’s the time of the year when the norm is more new listings. Our new listing at Lighthouse Point #211 was open for the Open House caravan that followed. (Some Lighthouse Point photos below.)

Gene’s Books

A couple of years ago, when Gene, from Gene’s Books was looking for a spot for a second store, it was teammate Dave that helped make it happen. Now both of Gene’s stores are open, the original at 2365 Periwinkle opposite Palm Ridge Rd and the new one, up and across the street at 2422 Periwinkle Way (formerly a shell shop). Book aficionados love Gene and his stores. Many a client has said, “if you need a book, Gene will find it.” Nice to see him recognized in the below article posted last week, Nov 13, 2019, at “Forbes” on-line by Travel Contributor Wendy Altschuler:

“Here Are The Best Bookshops In America For Bibliophiles – If you’ve ever lost track of the sunlight, because you were fused to a cushioned chair with a titillating title in your hand, then raise your proverbial glass in the air and celebrate the hospitable bookshop that allowed you to read for hours on end, uninterrupted. Spending time in bookstores is especially easy when the environment is welcoming, and the space is unique. Take one step inside Shakespeare and Company in Paris, Livaria Lello in Portugal, or Libreria Acqua Alta in Venice to understand the sentiment.

“America also has some pretty impressive bookstores, guilty of housing bookish fugitives. Read on to discover the most unique havens for bibliophiles because, after all, isn’t holding the binding of an actual book, where you can smell the pages and let the hardcover rest on your chest when you pause to ponder, better than the digital alternative?

            “Chicago: Women and Children First – Feminist bookstores in America are few and far between and Chicago’s Women and Children First is one of the largest feminist bookstores around, housing more than 30,000 titles by and about women. Visiting authors, book groups, and story time for children events have made this bookseller a staple in the Andersonville neighborhood.

            “Seattle: Secret Garden Books – It’s not easy to keep an independent bookstore up and running, especially with heavy competition online, however there are a number of booksellers that have managed to thrive for many years in The Emerald City. University Book Store, Eagle Harbor Book Co., and Island Books are community stalwarts. Secret Garden Books is also a standout because for over forty years, they have been dedicated to promoting literacy for children. After all, getting younger generations to develop a love of reading contributes to the success of an independent bookstore, decade after decade

Denver: Tattered Cover Book Store –Tattered Cover has been around since 1971 and even though it’s a relatively large independent book store, it still maintains that cozy lose-yourself-in-a-chair feel that bookworms crave. Chances are, if you have a favorite author on a book tour, you’ll be able to get your book signed and hear them read here. You can relish the experience at four different locations, including one inside of Union Station, and if you must go online, check out their Indie Next List for new titles.

San Francisco: City Lights Booksellers and Publishers – San Francisco is such a lovely walkable city, full of sensory delights, and a trip to City Lights Booksellers and Publishers, a landmark located on the edge of China Town, will not disappoint book lovers. Political and poetry books have long been the bread and butter of City Lights and the publishing arm still produces titles to this day. Beatniks, free thinkers, and artists were the clientele of the 50’s and it would appear that little has changed even to this day. City Lights co-founder and poet, Lawrence Ferlinghetti, who turned 100 in March 2019, made headlines for publishing Allen Ginsberg’s Howl and Other Poems in 1956, which was part of an obscenity trial. He faced jail time and a fine in order to endorse free speech. This bookshop is all about creating an indelible space for open minded readers, thinkers, and speakers.

            “Gene’s Books, Florida – There’s something about seeing stacks of books everywhere, lining the walls, topping each surface, stored in every nook and cranny, that creates a lived-in feel. Gene’s Books on Periwinkle Way in Sanibel, Florida, is such a place. The popularity of this gem has created a need for expansion—there’s a second building across the street. Both locations have a large selection of Florida-specific titles and visitors can often get discounts or receive free books.

“Visiting independent bookstores, anywhere across America, gives us the opportunity to learn about diverse communities and local vibes. Ask the bookseller for a recommendation, kick up your feet on a lounger—preferably with a cup of coffee in hand, and stay awhile. A book purchased and enjoyed from a special destination is one of the best mementos you can have.”

Florida’s Sunshine & Tax Benefits Beckon Billionaires

Article from the 11/11/19 “Wall Street Journal”: “While the president is the most famous rich person moving to Fla., he’s not alone. But it’s too soon to determine the impact of tax migrations on states’ budgets.

“NEW YORK – In addition to President Donald Trump, a number of high-profile financiers have ditched northeastern states for Florida’s warmer climate and lower taxes. David Tepper, Paul Tudor Jones and Barry Sternlicht are among prominent transplants who pulled up roots in New York, New Jersey or Connecticut and headed for the Sunshine State – and Carl Icahn says he’s moving his company from New York to Miami next year.

“The exodus of billionaires can put a damper on their previous states’ budgets, though New Jersey and Connecticut tax officials said it is too early for state revenue data to show whether the 2017 tax law imposing a $10,000 cap on state and local tax (SALT) deductions has caused high earners to flee.

“The most recent tax data available covers 2017, and the SALT cap went into effect in 2018. Both Connecticut and New York have been losing residents; Connecticut’s population of 3.57 million in 2018 was down 22,000 since its last peak in 2013, according to Census figures, and New York’s population slipped to 19.54 million in 2018, a loss of about 119,000 from its last peak in 2015.

“Some of the reasons ultra-wealthy individuals give as reasons for moving to Florida include the 2017 tax law change, the high costs in New York compared with the greater purchasing power of a dollar in the Sunshine State, and the warmer weather. For many, it’s not a completely new beginning. Many of the transplants already owned vacation homes in Florida.”

Sanibel & Captiva Islands Multiple Listing Service Activity November 5 – 22, 2019

Sanibel

CONDOS

5 new listings: Sandpebble #2F 2/2 $449K, Loggerhead Cay #532 2/2 $689K, Sand Pointe #131 2/2 $729K, Sanctuary Golf Villages I #4-3 3/3 $914.5K, Pointe Santo #C3 3/2 $1.195M.

5 price changes: Sanibel Arms #C7 1/1 now $385K, Sanibel Arms #F2 1/1 now $549K, Loggerhead Cay #351 2/2 now $579K, Surfside 12 #A1 3/2 now $734K, Seawind II #2 2/2.5 now $849K.

3 new sales: Kimball Lodge #223 1/1.5 listed at $395K, Sanibel Arms West #M1 2/2 listed at $511K, Kings Crown #213 2/2 $799K.

3 closed sales: Yacht Haven #4 3/2 $650K, Island Beach Club #210B 2/2 $720K, Pointe Santo #A46 2/2 $1.05M.

HOMES

9 new listings: 1476 Sand Castle Rd 3/2 $695K, 5304 Umbrella Pool Rd 3/3 $785K, 1724 Bunting Ln 3/3.5 $949.5K, 6176 Henderson Rd 3/2 $1.189M, 911 S Yachtsman Dr 3/3 $1.195M, 599 Lake Murex Cir 4/3.5 $1.299M, 751 Windlass Way 5/5 $1.595M, 2460 Harbour Ln 3/3 $2.1M, 5075 Joewood Dr 4/4.5 $2.99M.

8 price changes: 325 East Gulf Dr 1/1 now $509K, 731 Durion Ct 3/2 now $775K, 5186 Sea Bell Rd 3/3 now $888.5K, 5842 Pine Tree Dr 3/2 now $995K, 938 Pecten Ct 3/2.5 now $995K, 1010 Kings Crown Dr 3/3 now $1.035M, 550 N Yachtsman Dr 3/3 now $1.335M, 6071 Sanibel-Captiva Rd 5/4.5 now $1.75M.

5 new sales: 1585 Bunting Ln 3/2 listed at $575K, 6447 Pine Ave 3/2.5 listed at $595K, 9052 Mockingbird Dr 3/2 listed at $615K, 9440 Cotten Ct 3/2 listed at $650K, 5402 Osprey Ct 4/3 listed at $975K.

6 closed sales: 9401 Beverly Ln 3/3 $625K, 1800 Ardsley Way 3/2 $650K, 1677 Sabal Sands Rd 3/2 $675K, 823 Birdie View Pt 4/3 $777.5K, 9094 Mockingbird Dr 4/3.5 $855K, 836 Sand Dollar Dr 3/2/2 $1.25M.

LOTS

3 new listings: 5116 Sea Bell Rd $229K, 667 Birdie View Pt $339K, 3941 West Gulf Dr $3.695M.

No price changes, new sales, or closed sales.

Captiva

CONDOS

1 new listing: Ventura Captiva #2B 3/3 $915K.

2 price changes: Bayside Villas #4112 1/2 now $375K, Lands End Village #1651 2/2 now $1.199M.

1 new sale: Captiva Hide-A-Way #2D listed at $900K.

No closed sales.

HOMES

1 new listing: 16151 Captiva Dr 4/3 $3.995M.

No price changes.

1 new sale: 16447 Captiva Dr 7/6/2 listed at $2.99M.

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.

Until next Friday, enjoy your Thanksgiving! Susan Andrews, aka SanibelSusan

 

Sanibel’s White Pelicans, Warm Weather, Special Shells, Real Estate, & Veterans


Happy Friday, FB friends. It was another busy week at SanibelSusan Realty with more listing inquiries, more showings, more open houses, more follow-up on upcoming closings, a nice new listing, and another in the works. As the November snowbirds started arriving, there was a noticeable boost in local traffic too. Speaking of birds, the white pelicans are back! Hundreds have been photographed on-island this week – many in the waters of the J.N. “Ding” Darling Wildlife Refuge and Clam Bayou. Those are always an indication of a change in the seasons.

There also was a little drop in temperatures with daytimes now in the 80’s. The forecast for the end of next week has even cooler daytime weather coming. Cooler here, meaning in the 70’s – perfect weather for shoveling beach sand and shells. With good shelling reports including two junonias pictured in today’s “Island Sun”, it is a great time to be in Florida.

Below are a couple of news items, followed by the action posted this week in the Sanibel & Captiva Islands Multiple Listing Service. Not many new sales were announced at our East-end Realtor Caravan meeting yesterday, but business is picking up.

At the Sanibel & Captiva Islands Association of Realtors®, the Christmas tree is up in preparation for our annual “Fall Into Christmas” fundraiser for Friends Who Care which is next Thursday after work. Our members will be donating toys and gift cards for those in need. The Association’s food drive for the F.I.S.H. San-Cap food pantry also is underway and continues until the end of the year.

Weekend Happenings

Island Seniors’ Annual Trash & Treasures Sale – tomorrow, Saturday, Nov 9 from 9 a.m. to 2 p.m. at the Center-4-Life on Library Way.

38th Taste of the Islands – benefitting CROW (Clinic for Rehabilitation of Wildlife) on Sunday, Nov 10 from noon to 5 p.m. at Sanibel Community Park (across the street from SanibelSusan Realty). Music by Private Stock Bank, food samples from 14 island establishments, plus silent auction items and CROW ambassadors inside the Community House. Entry fee is $7/person with children under 12 free.

Annual Sanibel Veterans Day Ceremony – Around the flagpole at City Hall at 11 a.m. Monday, Nov 11. Hosted by the City of Sanibel and Lee Coast Chapter of the Military Officers Association of America, featuring music and guest speakers. The City proudly has 24 veterans among their workforce.

Protecting Florida Together

For those near and far, following Florida’s water quality reports is challenging. There are many on-line postings, particularly on social media, that are outdated and inaccurate. On Tuesday, during a conference at Lovers Key State Park on Fort Myers Beach, Florida Governor Ron DeSantis announced the creation of a new website that focuses on state water quality. The website, called Protecting Florida Together, allows members of the public to check water quality status in three bodies of water: the Caloosahatchee River, Lake Okeechobee and the St. Lucie River. The Governor said that by next year, users also will be able to get info on water in other bodies of water in Florida. With 66 million state visitors during the first half of this year, the website is meant to get meaningful information out to Floridians, their families, and those coming here. The site also offers ways users can volunteer to help improve water quality. There also is a timeline of action the state has taken to improve water quality.

Sanibel to Install Red Tide Signs

In another effort to combat misinformation, James Evans, Sanibel’s Director of Natural Resources announced at Tuesday’s City Council meeting that the City is getting ready to install signs on island public beaches. The signage will include red tide info with a description of where there is a red tide bloom, what health symptoms are associated with red tide, and websites/phone numbers to get additional info (via the Florida Dept of Health website). The signs also will have an explanation of the differences between a red tide caution and an alert. Evans described the current red tide status as a “patchy bloom” and that “It’s all about being transparent, but it’s also about providing correct information.”

Who’s Buying Rental Vacation Property?

From the Nov/Dec 2019 issue of “Florida Realtor”: “Some 75% of prospective vacation rental buyers have a combined family income of less than $150,000 per year. Over a quarter of prospective vacation rental buyers are in their 20’s and 30’s. This new generation of investors is looking to cash in on the sharing economy-driven vacation rental boom.” Source – Vacasa 2019 Vacation Rental Buyers Profile (FYI, with 5,000+ employees, Vacasa managers 23,000+vacation properties in 17 countries.)

Closing Checklist for Sellers

Good scoop here from homelight.com, the balance.com, Florida Realtors:

“You may already have gathered all the paperwork you need for closing day, but there are a few other tasks to handle before you get to the closing table.

  • Clean the entire house, including inside drawers & cabinets.
  • Close utility accounts & have them shut off or transfer accounts on the day of closing.
  • Place all keys (house, mailbox, pool, etc.), garage remotes, alarm & gate codes, etc. in one place, such as a drawer closest to the refrigerator.
  • Create a packet of appliance manuals, service contracts, written warranties, etc. & place them in the same drawer.
  • Visit usps.com/manage/forward.htm to direct the post office to forward your mail. Also, consider leaving a large stamped envelope that’s addressed to your new home so the buyers can forward any important mail that ends up at your former home.
  • Cancel newspaper subscriptions, if any.
  • Do a final sweep of every drawer, cabinet, & surface to make sure you haven’t left anything behind.
  • Lock up the house, turn off the lights, & close the blinds on the way out.
  • Make a note to cancel homeowner’s insurance after the closing is complete & the title has been transferred or the deed recorded.”

Sanibel & Captiva Islands Multiple Listing Service Activity November 1 – 8, 2019

Sanibel

CONDOS

4 new listings: Sundial #F408 1/1 $499K, Sanibel Arm West #A1 2/2 $534K, Lighthouse Point #211 2/2 $599K (our listing), Oceans Reach #4C1 2/2 $899K.

Lighthouse Point aerial looking toward San Carlos Bay & the causeway

3 price changes: Mariner Pointe #842 2/2 now $579K, Sand Pointe #111 2/2 now $699K, Kings Crown #102 2/2 now $975K.

2 new sales: Sanibel Siesta #108 2/2 listed at $579K, Tarpon Beach #104 2/2 listed at $1,149,555.

2 closed sales: Sundial #J201 1/1 $542K, Sanibel Moorings #1341 2/2 $670K.

HOMES

7 new listings: 1458 Sandpiper Cir 3/2.5 half-duplex $489.9K, 5297 Punta Caloosa Ct 2/3 $789K, 1410 Sanderling Cir 3/2 $875K, 966 Kings Crown Dr 3/2 $1.06M, 1333 Eagle Run Dr 3/2.5 $1.095M, 2477 Wulfert Rd 3/4 $1.375M, 5044 Joewood Dr 4/4.5 $2.15M.

7 price changes: 730 Cardium St 2/2 now $579K, 1418 Sanderling Cir 3/3 now $599.5K, 743 Windlass Way 3/2 now $649K, 1410 Albatross Rd 3/3 now $779K, 5422 Shearwater Dr 3/2.5 now $975K, 2857 Wulfert Rd 4/5 now $1.298M, 5250 Caloosa End Ln 3/2.5 now $1.389M.

2 new sales: 706 Nerita St 3/2 listed at $774K, 1243 Sand Castle Rd 4/4 listed at $1.05M.

2 closed sales: 1324 Seaspray Ln 3/3 $1.05M, 725 Donax St 6/6 $1.22M.

LOTS

1 new listing: 4334 West Gulf Dr $989K.

No price changes, new, or closed sales.

Captiva

CONDOS

No new listings

2 price changes: Bayside Villas #4212 1/1 now $368.9K, Lands End Village #1608 3/3 now $2.149M.

1 new sale: Beach Homes #11 4/3 listed at $2.35M.

1 closed sale: Gulf Beach Villas #2004 2/2 $627.5K.

HOMES

No new listings or price changes.

1 new sale: 16596 Captiva Dr 6/8.5 listed at $6.499M.

1 closed sale: 15161 Wiles Dr 5/5.5 $2.2M.

LOTS

1 new listing: 16151/16155 Captiva Dr $7.9M.

No 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.

Enjoy your weekend & don’t forget to honor Veterans on Monday (& every day). If you are on-island, keep an eye out for one of these shells. Painted by Amy Cloud & posted on “Sanibel Shells” Facebook page, Amy created these in honor of her Dad who is a WWII veteran & celebrating his 97th birthday. She said the Sanibel Shell fairies will be sprinkling them here. To all veterans, thank you for your service, & a special birthday thank you to Amy’s Dad. Also thanks to Amy for sharing her photo!

Susan Andrews aka SanibelSusan

Happy November Has Begun on Sunny Sanibel


Though November is here, it was sunny summer weather again this week on Sanibel and Captiva Islands. The bright blue skies are great, but it would be wonderful to be rid of record-breaking high temperatures. Looking ahead, the island forecast calls for temperatures in the mid-80’s for the next ten days. If we get lucky, some evenings may go down into the high 60’s.

At SanibelSusan Realty

office pix 09-12-17At the office, I was out showing property two days which resulted in a home sale today, while teammate Dave also showed property and opened listings for showings, plus accompanied home inspectors, contractors, and held some Open Houses. Business is picking up and the roadways are busier too. The report of the week’s action posted in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below.

Red Tide Update

This week, evidence and reports of red tide have varied day-to-day and hour-to-hour with changes in wind direction, tides, and weather. The latest red tide sampling map posted by Florida Fish & Wildlife Conservation Commission shows high concentrations at Blind Pass, just off the Captiva beach, and in Pine Island Sound. Medium concentrations are noted at beach at end of Tarpon Bay Rd and at Lighthouse Beach. Concentrations also are high on Fort Myers Beach, Bonita Beaches, and Naples. A cool snap sure might help.

Ground Breaking for C-43 Reservoir

C43 reservoir.jpgOne water quality solution is the new Caloosahatchee (C-43) West Basin Storage Reservoir which will intercept and store water released from Lake Okeechobee and stormwater runoff. It will reduce discharges from the lake into the Caloosahatchee Estuary during the rainy season and will allow water managers to deliver freshwater to the river and the estuary during the dry season when it is needed.

Last Friday, Florida Gov. Ron DeSantis visited the C-43 site to break ground on the embankments and canals. “This is a big step forward in expediting one of our most important Everglades restoration projects,” DeSantis said. “Once complete, the C-43 Reservoir will store approximately 55 million gallons of water, with 19 miles of embankments and 15 miles of canals to reduce harmful discharges from Lake Okeechobee and help bring the Caloosahatchee River and Estuary back to health. I thank our partners at the South Florida Water Management District (SFWMD) and the Department of Environmental Projection who I know will work hard to see this project through.”

sfwmd LOGOIslanders continue to also sing the praises of Sanibel resident Chauncey Goss, SFWMD Governing Board Chairman. The SFWMD is working to build the embankments and perimeter canals, allowing the two-cell reservoir to hold 170,000 acre-feet of water. Fourteen water control structures and public recreational features also will be incorporated into the site which is expected to be completed by the end of 2023.

Island Happenings

2019 HalloweenThere were lots of island Halloween events yesterday for both children and grown-ups, including a costume contest at the Association of Realtor® Caravan Meeting. Those Thursday morning meetings where we announce new listings, new sales, and price reductions will continue right through “season”. SanibelSusan’s fortune-teller costume lost out to Willy Nelson and another called “Condo Rider”, but my prediction stands for strong healthy real estate sales this winter.

sanibel Jazz festival pixSunday, Nov 3 – Fourth Annual Sanibel Blues & Jazz Fest – from noon to 7 p.m. at Bailey’s Backyard behind Bailey’s Shopping Center. Bring your own chair, food & beverages available for purchase. $20 general admission at the event entrance. Funds raised aid the Sanibel-Captiva Optimist Club charities.

Roadways & Construction

Sanibelcityseal logoHere are a few areas where you may experience road delays next week. Info from http://www.mySanibel.com.

Periodic Lane Closures Coming on Island – The project to install new overhead signs approaching the island, on McGregor Blvd (Summerlin between Shell Point and the toll both) has been extended through next Fri, Nov 8.

Inspection of 3 Bridges – by Florida Department of Transportation will occur on the causeway bridges between Nov 5 and 7. The first two days most of the work will be done from barges below, but on Thursday, there may be roadway lane shifts.

Vegetation Trimming – on south side of San-Cap Rd from Blind Pass to Tarpon Bay Rd through next Friday, Nov 8.

Sanibel & Captiva Islands Multiple Listing Service Activity October 25 – November 1, 2019

paragon black knight logoSanibel

CONDOS

8 new listings: Spanish Cay #F8 2/2 $399K, Sundial #H307 1/1 $419K, Sundial #C210 1/1 $485K, Mariner Pointe #721 2/2 $534K, Sanibel Siesta #108 2/2 $579K, Compass Point #222 2/2 $695K, Kings Crown #213 2/2 $799K, Sanctuary Golf Villages #4-1 3/3 $925K.

4 price changes: Cottage Colony West #102 1/1 now $589K, Island Beach Club #P1A 2/2 now $619K, Loggerhead Cay #192 2/2 now $745K, Sanibel Moorings #1111 2/2 now $947K.

4 new sales: Yacht Haven #4 3/2 listed at $869K, Compass Point #181 2/3 listed at $1.195M, Villas of Sanibel #A102 3/3 listed at $1.295M, Gulfside Place #326 2/2 listed at $1.449M.

No closed sales.

HOMES

5 new listings: 5303 Ladyfinger Lake Rd 3/2 $679K, 3256 Twin Lakes Ln 3/3 $724.9K, 706 Nerita St 3/2 $774K, 1031 Sand Castle Rd 3/3 $820K, 938 Pecten Ct 3/2.5 $1.039M.

5 price changes: 430 Old Trail Rd 3/2.5 now $579K, 4245 Gulf Pines Dr 3/2 now $700K, 1717 Venus Dr 3/2.5 now $1.199M, 872 Limpet Dr 3/3 now $1.495M, 1238 Isabel Dr 4/4.5 now $3.595M (our listing).

View

The home is just as stunning as the view at 1238 Isabel Dr in Sanibel Harbours!

 

4 new sales: 256 Daniel Dr 3/2 listed at $747K, 9436 Yucca Ct 3/2 listed at $839K (our buyer), 788 Nerita St 3/3 listed at $887K, 5615 Baltusrol Ct 4/6/3 listed at $2,999,999.

3 closed sales: 1060 White Ibis Dr 3/2 $735K, 1305 Eagle Run Dr 3/2.5 $925K, 772 Birdie View Pt 3/3.5 $1.1M.

LOTS

No new listings.

1 price change: 1303 Par View Dr now $319K.

No new or closed sales.

Captiva

CONDOS

No new listings, price changes, or new sales.

2 closed sales: Sunset Beach Villas #2216 1/1 $483.5K, Beach Villas #2426 1/1 $512.5K.

HOMES

1 new listing: 14865 Mango Ct 2/2 $1.295M.

1 price change: 15879 Captiva Dr 3/3 now $2.489M.

No new or closed sales.

LOTS

Nothing to report.

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

We love fallUntil next Friday, here’s to a new month and more fall fun!

Susan Andrews, aka SanibelSusan

Pre-Halloween Happenings & Good Real Estate Action at SanibelSusan Realty


It’s SanibelSusan with another report about island real estate and happenings. Another sunny blue-sky Friday it is with local temperatures again expected to be record setting (low 90’s). The calendar says fall, but it still sure feels like summer.

 

Upcoming Events

As the roadways continue to fill up, the island events calendar also is in full swing. Below are some happenings scheduled this weekend, but first a photo taken this morning at Sanibel’s Pond Apple Park. Thanks to Yves-Pascal and Susanna for sharing. Look closely, they said they saw about 12 baby gators. They are cute when they are this size!

IMG_8834

Island Paw’s 15th Annual Howl-O-Ween – Today from 5 to 7 p.m. at the Over Easy Café Patio with pet costume contest & fundraiser to benefit Flying Fur Animal Rescue.

11th Annual F.I.S.H. 10K Race – tomorrow, Saturday, Oct 26, race starts at 7:30 a.m. & finishes at The Community House. Sign-ups begin at 6:30 a.m. (SanibelSusan again is the volunteer guard for any vehicles entering/exiting Sanibel Square. Other Realtors® & Rotary volunteers will be on safety patrol at other driveway intersections along the route.) During the 10K Road Race, a Kids Race (up to age 10) will take place at the Sanibel Community Park (across the street from our office). The Kids Race is just for fun with all participating children to receive a ribbon and treat from Joey’s Custard.

baileyfest 201934th Annual Bailey Fest – Sunday, Oct 27 from noon until 4 p.m. at Bailey’s Center. Free & open to the public, this is the Center’s annual thank you to their patrons. Festivities include parade featuring the king and queen from the Sanibel School (winners of the essay contest, “What Sanibel Means To Me”) & stage performances by the school’s steel drum band & elementary choir performing. Free food, pony rides, water slide, giveaways, games, & more.

Red Tide Update

The red tide reported in last week’s blog was short-lived, thank goodness. When I received two offers Sunday afternoon about the same time that social media was posting reports of bad smells and photos of fish washing up on the beach, I thought we might be in trouble. But, by Monday the worst of it was gone and most beaches were back to normal. Those darn red tide occurrences can be as unpredictable as shelling. Whenever there is a change in the weather or wind direction, it can affect what comes ashore. Some of what came ashore last week was red drift algae which as mentioned in earlier updates, is not the same as red tide. Last week’s red tide event was likely from an upwelling of nutrients from the ocean floor from recent gulf storms that triggered the algae blooms – a natural event that sometimes comes at the most inopportune time.

Floria Fish & Wildlife LogoFlorida Fish & Wildlife Conservation Commission website posts the last eight days of their test results on their on-line map. Yesterday, that map showed just three spots of high red tide readings in Florida. Those were in the middle of Pine Island Sound between Captiva/North Captiva and St. James City. Today, Lighthouse Beach was also tagged as an area with high readings. Some medium readings were shown sporadically in a few areas from North Captiva to Marco Island Beach. Most Florida areas showed low to no evidence.

At West Wind Inn

This afternoon, I stopped at West Wind Inn’s Normandie Seaside Café for a quick lunch and to check the beach there. Though the wind was blowing on shore, I did not notice any smell or have any eye or throat irritation. The gulf was a little stirred up from the breeze, but there were swimmers in the water and pelicans diving.

IMG_8835IMG_8838

West Wind’s café and bar manager, Kim who faithfully posts the best pictures from the Upper Deck poolside was working inside the restaurant, training up a new employee. Got smiles out of them both. West Wind is a long-time favorite of both locals and visitors. Music most nights at the Upper Deck for sunset and consistent reasonable meals, breakfast, lunch, and dinner. Photo below by Kim at the Upper Deck on Wednesday.

2019-10-24 WW pool bar

IMG_8840.jpg

Smiling gals at Normandie Seaside Café. Kim on right, with new employee Marlaina on left.

Lee County Property Fraud Alert Service

henderson-franklinIt sure is scary to hear about the fraud occurring these days. The below article was posted on-line in August by attorney Kaylee Tuck with Henderson-Franklin.

“Did you know that liens can be filed on your real property without your knowledge or consent, even if they’re not valid? Did you know those liens can affect title to your property? Did you also know someone can create a fraudulent deed that gives your real property to someone else? It’s all very scary and, unfortunately, happens frequently. That’s why the Lee County Clerk of Courts recently launched a new Property Fraud Alert program.

“The Property Fraud Alert program is completely free and allows subscribers to register their name (or any name) into the fraud alert system, and the system will alert registered users within 48 hours if a document has been recorded with the name of a registered user. This system will allow early detection of potentially fraudulent activity, which allows property owners to act fast and avoid issues down the road.

“Why is the system so important? Property owners will never know if an official record has been recorded in their name or on their property if they are not consistently monitoring Lee County’s official records. The Property Fraud Alert system does the work for you. If you are a registered user, the system will email you if a document has been recorded with your name on it. The email will also give you a link to review the recorded document. If the document is fraudulent or a mistake has been made, you have the opportunity to take immediate action to fix the potentially fraudulent activity

“Are you ready to subscribe yet? If so, just go to this link: https://or.leeclerk.org/LandMarkWeb/FraudAlert.

Enter the name of the person or business you want to monitor and the email address where you would like to receive the alerts. You can monitor as many names as you wish.

“Tips for subscribing: Use a personal email address that you check regularly. This system can’t help if alerts aren’t received. Register your name as follows:

  • First and Last
  • First, Middle, and Last
  • First, Middle Initial, and Last

“The system will only notify the registered user if the name on the recorded document exactly matches the registered name. Make sure to register multiple variations of your name.

“Register yourself and other family members. There is no limit for how many names you choose to monitor, so keep an eye on yourself and your family.

“If you think you are a victim of a fraudulently recorded document, contact the Lee County Sheriff’s Office fraud line at 239-258-3292 or by email at fraudline@sheriffleefl.org. You may also wish to contact an attorney to determine whether you should take legal action to undo the fraudulent recording.”

Sanibel’s Leaders Working for All of Us

2019-10-23 DC Federal fly inYesterday, City councilor and friend Holly Smith returned from her trip this week to the Capitol. She was there as part of the Florida League of Cities for an event called FAST (Federal Action Strike Team) Federal Fly-in to Washington DC. Sanibel’s City leaders sure work hard for us. Thank you, Holly!

Below is some info from her Facebook post:

Port St Lucie Councilor Jolien Caraballo Congressman Brian Mast

Florida water warriors. East coast & west coast working together. Holly on the right, with Port St Lucie Councilor Jolien Caraballo & Florida Congressman Brian Mast in the center. 

“I am part of the FAST Committee for the Florida League of Cities. About 55 Elected Officials from around the State work together in unified and diverse voices – we don’t wear our political affiliations on our sleeves -speaking to our outlined 2020 legislative priorities. This is a non-partisan advocacy trip to meet with various White House Departments, FL Congresswomen, FL Congressmen and our esteemed FL Senators Rubio and Scott to discuss and bring to attention these vital Federally-regulated issues.”

In addition to Holly, other Lee County municipally-elected officials participating included City of Fort Myers Councilwoman Teresa Watkins Brown, Village of Estero Mayor Bill Ribble, and Bonita Springs Councilman Fred Forbes, joined by a group of elected advocates. Here posting continued with:

“Our 2020 priorities (not in particular order) included:

“1. National Flood Insurance Program (NFIP) – We Floridians basically pay 3:1 or 4:1 Nationally. You all see your premiums increase. The Citizens of Florida should not bear the financial weight of National disasters. Our Ask – A long-term reauthorization NFIP package which provides affordability for existing and future policy holders, accurate flood mapping, resiliency incentives.

“2. Cyber Security – We have all seen the number of municipalities and private sector hit by Cyberattacks and held for ransom. This can and has been crippling and/or expensive to those compromised. We support Federal funding for technical assistance, threat assessments, employee training, infrastructure improvements and data protection to help cities be better prepared for the next cyberattack.

“3. ADA Compliance for Municipal Websites – I was the spokesperson to this issue for my group. There is a cottage industry of litigation throughout Florida stemming from unclear accessibility standards for Website ADA Compliance. I can speak from personal experience to this matter. Public and private sector entity websites across the state have seen a steady increase in legal claims. It’s a racket – settle for a specified amount – then no follow up. We need the DOJ to clarify the rules on Website Accessibility Standards. It was initiated – then halted. Let’s get this vague language eliminated and have rules of specificity we can all comply with. Also allow for a period to cure rather than awarding these unscrupulous attorneys to benefit unjustly. Some municipalities have literally had to shut down their public websites as they are unable to afford the cost of litigation

“4. Investing in Infrastructure, Water Supply and Water Quality – through grants, low-interest loans and technical Assistance. An estimated 48.71 Billion is needed over the next 30 years to meet the needs for drinking water, wastewater, flood control, nutrient pollution, Everglades Restoration and beach/inlet erosion. I don’t have to tell you how proactive Sanibel is in this priority. Mayor Kevin Ruane, Director James Evans, and I return to DC on Sunday to directly advocate for our Cities priorities.

“Other priorities included transportation infrastructure, broadband infrastructure funding opportunities, federal preemption of small wireless infrastructure deployment (meaning providers can now put up a structure in local rights of way without much, if any restrictions- so not right), advance refunding on municipal bonds, and Risk Rating 2.0 (urging FEMA to provide more details to better comprehend the impacts to Floridians).

“We also can claim victory as President Trump just approved one of our priorities: To approve a Category B reimbursement to offset the costs to local Governments incurred for emergency protective measures!

“Very grateful to all of our Federal Partners and Federal Elected Officials who were generous with their time and look forward to their efforts in helping us move these priorities forward. STAY TUNED!”

Sanibel & Captiva Islands Multiple Listing Service Activity October 18-25, 2019

Sanibel

CONDOS

5 new listings: Sundial #F205 1/1 $429K, Loggerhead Cay #332 2/2 $549K, Loggerhead Cay #263 2/2 $665K, Villa Sanibel #3A 2/2 $689K, Sand Pointe #212 2/2 $739K.

3 price changes: Sanibel Arms #D7 1/1 now $389K, Mariner Pointe #1052 2/2 now $519.9K, Cyprina Beach #1 3/3 now $1.395M.

2 new sales: Sanibel Arms West #E2 2/2 listed at $849K (our listing), White Pelican #114 2/2 listed at $850K.

3 closed sales: Sanibel Arms West #I1 2/2 $529K, Sunset South #6B 2/2 $538.6K, Gulfside Place #305 2/2 $1.15M.

HOMES

5 new listings: 1027 Sand Castle Rd 2/2 $499K, 1925 Roseate Ln 2/2 $669K, 5672 Sanibel-Captiva Rd 3/2 $715K, 979 Whelk Dr 3/2.5 $995K, 2268 Wulfert Rd 4/5.5 $1.995M.

11 price changes: 1401 Sandpiper Cir 3/2.5 half-duplex now $499.9K; 1585 Bunting Ln 3/2 now $575K; 707 Cardium St 3/2 now $729K; 788 Nerita St 3/3 now $887K; 1244 Par View Dr 4/3 now $899K; 829 Birdie View Pt 4/3.5 now $1.08M; 815 Limpet Dr 3/3 now $1.699M; 4809 Tradewinds Dr 3/3.5 now $1.875M; 2391 Shop Rd 3/2.5 now $1.997M; 5615 Baltusrol Ct 4/6/3 now $2,999,999; 4709 Rue belle Mer 3/2 now $3.225M.

1 new sale: 572 Kinzie Island Ct 5/5 listed at $2.15M.

3 closed sales: 1695 Serenity Ln 3/2 $485K, 1119 Seagrape Ln 2/1 $689K, 4080 West Gulf Dr 3/2 $955K (our buyer).

LOTS

1 new listing: 6008 White Heron Ln $899K.

No price change or new sales.

1 closed sale: 5737 Baltusrol Ct $280K (our listing).

Captiva

CONDOS

No new listing.

1 price change: Tennis Villas #3220 1/1 now $335K.

No new or closed sales.

HOMES & LOTS

Nothing to report.

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

Halloween treat-clipart-halloweenHappy Halloween next week! SanibelSusan still is trying to come up with an outfit for the Realtors® Thursday Morning Caravan Meeting (& costume contest). Wish me luck!

Until next Friday, 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

 

Things are Hoppin’ On Sunny Sanibel


Susan here, reporting a record-breaking weekend followed by a busy week at SanibelSusan Realty. Before those details, here are a few photos taken after I left the office last night. With no rain for several days, water and waterways surrounding the island are clear. These pictures in order include:

  • Tarpon Bay taken from next to SCCF’s Marine Lab and Tarpon Bay Explorers
  • Turner Beach looking toward the bridge to Sanibel and to the gulf
  • Roosevelt Channel to Pine Island Sound, taken from behind the Green Flash restaurant.

Tarpon Bay Explorers 10-03-19

Turner Beach 10-03-19

Turner Beach again 10-03-19

Green flash to channel 10-03-19

A combination of circumstances kept the SanibelSusan Team hoppin’ with three new sales, including the two properties we just listed last week. Sometimes when a new listing hits Multiple Listing Service (MLS), there are buyers waiting for a property like that. Often their Realtor also is watching new inventory for them.

There usually is a jump in interest too whenever an asking price is reduced under the next $100K mark. With most internet search engines having drop-down menus in those increments, once a price is reduced, the listing gets noticed by prospective buyers who may have not considered the property before because the price was out of their budget range.

Sellers sometimes think that their first offer is too soon. But, even in multiple offer situations, it usually makes sense to see the first offer through to the end. Statistics show that the 1st offer often is the best offer. It also is important to recognize that sometimes there are terms as important as the price, like when the closing will occur, how serious the deposit is, Seller repair requirements, and what “outs” the contract has for the Buyer.

Getting a buyer to sign on the dotted line and negotiating the sale are just the first steps in getting a property sold. Working through contract contingencies often may be more challenging. Those may be things like the inspection/cancellation period in the “as is” contract. During that window, a buyer may view the property for the first time, have inspections, do due diligence on costs (like insurance, utilities, repairs), investigate making changes to the property (like adding a pool), or even change their mind.

The team tracks post-contract action items to ensure that they are successfully completed on time – things like escrow deposits, financing applications, applications to homeowners and condo associations, estoppel letter payments, appraisals, loan commitments, utility and service provider changes, etc.

The last seven days also brought us an unexpected and unusual number of hiccups with properties already under contract. I don’t know if that is what makes this business fun, but it certainly makes it interesting – ever changing – and reminds us that flexibility can be as crucial as follow-through.

The action posted since last Friday in the islands’ MLS is posted after a few news items below. We sure hope that this spurt of activity for us is an indication of what “season” will be like this year, but honestly, I think we just got lucky – and we are very thankful for it.

Sanibel’s Tax Rate Adopted – Lowest in Six Years!

Sanibelcityseal logoSanibel City Council recently took less than eight minutes to officially adopt the Fiscal Year 2020 budget. Approved and discussed at earlier budget hearings, the rolled back operating millage rate of 1.8922 mills is the lowest tax rate in the last six years. (A mill is $1 per every $1,000 of taxable valuation. The rolled back rate is the same rate it would take to generate the same amount of revenue in the coming fiscal year as was generated in the previous year.) The budget for the upcoming year is $73,266,546.

Mayor Ruane also noted that the millage rate is down 25% from its historical peak. Ruane explained that during the recession in 2007, the City’s total debt was high, and there were little reserves. In comparison, now, 12 years later, taxes are lower, reserves are replenished, the City has minimal debt that continues to drop off, and funds are available to allocate to large-scale projects like the Donax wastewater project.

Noteworthy from the budget is that Sanibel has received approximately $3.3 million of the $3.9 million expected from FEMA and the State of Florida for reimbursement of Hurricane Irma expenditures. If there are additional disaster needs through the end of hurricane season, the City has secured a $5 million line to use for immediate expenditures.

sanibel-fire-logo-e1539870118355New Website – Sanibel Fire & Rescue District

In compliance with State mandates, Sanibel Fire & Rescue District recently launched its new website at www.SanibelFire.com. It includes meeting dates, agenda, minutes, etc.

Island “Season” Begins & With Annual Events

  • San-Cap Motor ClubThe first Cars & Coffee Cruise-in of the season begins this week. Saturday, Oct 5 at Periwinkle Place Shopping Center from 9 to 11 a.m. with a lineup of classics, muscle cars, antiques, hot rods, and other vehicles on display. The Club usually holds this event the first Saturday of each month through season.
  • Sanibel Farmers Market – begins this week. See you there Sunday, Oct 6, on the grounds of City Hall (8 a.m. to 1 p.m.). Be sure and bring your recyclable bag – or buy one there. The market is both straw and plastic bag free! More info at www.BuyLocalLee.com
  • BIG ARTS Community Chorus – fall schedule runs from Oct 15 to Dec 9. While the new BIG ARTS building is under construction, chorus meets Tuesday evenings from 6 to 8 p.m. at The Strauss Theater. Join SanibelSusan who’s been with the group since it began in the early 90’s. No auditions are required, all ages and abilities welcome. Fall performances include: Sunday, Nov 24 at Community Thanksgiving Celebration at The Community House; Friday, Dec 6 at Center-4-Life Luncheon at the Sanibel Rec Center; Friday, Dec 6 at Bailey’s Shopping Center for Luminary caroling; Tuesday, Dec 10 Holiday Concert. The spring schedule runs from Jan 7 to Mar 31, with rehearsals beginning Jan 28 at the new Performance Hall. Spring performances include: Saturday, Jan 25 at BIG ARTS Gala showcasing the new building and performance hall; Wednesday, Feb 19 at Annual FISH Luncheon at The Community House; Thursday, Mar 19 at Center-4-Life Dinner at The Sanibel Rec Center; Wednesday & Thursday, Apr 1 & 2 Spring Concerts at new BIG ARTS Performance Hall.
  • Howl-O-Ween Fundraiser – Friday, Oct 27, 5 to 7 p.m. at Over Easy Café patio. Includes pet costume contest and fundraiser to benefit Flying Fur Animal Rescue. $10 donation includes beer, wine, and yappitizers.
  • 38th Annual Taste of the Islands – CROW’s annual fundraiser featuring local island restaurants is Sunday, Nov 10 from noon to 5 p.m. at Sanibel Community Park (across the street from SanibelSusan Realty). Established in 1968, the Clinic for the Rehabilitation of Wildlife (CROW) is a teaching hospital saving sick, injured, and orphaned native and migratory wildlife. Through state-of-the-art veterinary care, public education, and an engaging visitor center, CROW works to improve the health of the environment, humans and animals through wildlife medicine. For more info, or to plan your visit, go to http://crowclinic.org . If you find an animal needing help, call (239) 472-3644 ext. #222.
  • SCCF’s Wine in the Wild – Friday, Nov 15 from 6 to 9 p.m. at The Bailey Homestead Preserve. Usually a sell-out, tickets will NOT be available at the door. Five food stations will be set up each featuring a dish from one of Sanibel’s finest kitchens – Catering by Leslie Adams, Cielo, Malia, Sanibel Catering Company, and Sweet Melissa’s Café. Each will be paired with a wine. Dessert buffet by Normal Love confections, followed by live auction. Reservations through Linda Uhler at 239-472-3817.

 

Upcoming at J.N. “Ding” Darling National Wildlife Refuge

  • EveryKidOutdoors LogoEvery Kid Outdoors Program – The U.S. Department of Interior recently extended the Every Kid Outdoors Program (formerly Every Kid in a Park) for another seven years. The program grants fourth-grade students a free annual pass to visit more than 2,000 federal recreation areas – including J.N. “Ding” Darling National Wildlife Refuge — with their families, classmates, and friends. To obtain the free pass, fourth-grade students visit www.everykidoutdoors.gov , participate in a short educational activity, and download a voucher. The voucher is valid for multiple uses between Sep 1, 2019, and Aug 31, 2020, to correspond to the traditional school year. The voucher may be exchanged for a keepsake pass at “Ding” Darling or other participating federal lands. The voucher or pass allows free entry for fourth graders, all children under age 16 in the group, and up to three accompanying adults (or an entire car for drive-in public lands like “Ding”) to most federally managed lands and waters. The pass does not cover amenity fees such as kayak rentals or boat rides.
  • Ding Darling DayDing’ Day Combines Art with Family Fun – Two-time Federal Duck Stamp winner Scot Storm will travel from Minnesota to headline the “Ding” Darling Day Duck Stamp Presentation on Sunday, Oct 20, from 1 to 1:45 p.m. He will sign stamps following his presentation. Florida Junior Duck Stamp winner Anna Grace Swanson from Titusville will also be on hand to meet and greet. “This year, we have folded Conservation Art Day together with ‘Ding’ Darling Day Family Fun Day,” said Supervisory Refuge Ranger Toni Westland. Go to www.dingdarlingsociety.org/articles/ding-darling-days  for a full schedule of activities. Duck Stamp
  • Merit Badge University – On Oct 26, the Refuge will host its second annual Merit Badge University for registered Boy Scouts of America. Support for the program comes from the “Ding” Darling Wildlife Society, LCEC, and Tarpon Bay Explorers, the Refuge’s recreation concession. Scouts from around the nation will have the opportunity to earn up to two out of six badges being offered that day. Ding Merit BadgeThey include Bird Study, Photography, Cycling, Kayaking, Fishing, and Fly Fishing. Class sessions run from 9 a.m. to 12 noon and 12:30 to 3:30 p.m.

Sanibel & Captiva Islands Multiple Listing Service Activity September 27 – October 4, 2019

Sanibel

CONDOS

2 new listings: Sanibel Shores #A2 2/2 $459K, Sanibel Arms West #H5 2/2 $559K.

5 price changes: Sundial #A306 2/2 now $729,999; Sanctuary Golf Villages #5-1 2/2.5 now $754.5K; Heron at The Sanctuary II #2B 3/3.5 now $778K, Heron at The Sanctuary II #3B 3/2.5 now $850K, Sundial #K103 2/2 now $889K.

3 new sales Breakers West #A5 2/2 listed at $499.9K, Island Beach Club #210B 2/2 listed at $739K. Pine Cove #201 3/2 listed at $1.395M (our listing, view below).

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1 closed sale: Sundial #I103 1/1 $435K.

HOMES

8 new listings: 9440 Cotten Ct 3/2 $650K, 749 Cardium St 3/2 $689K, 4397 Gulf Pines Dr 3/3 $795K, 9094 Mockingbird Dr 4/3.5 $895K, 1345 Eagle Run Dr 3/2.5 $1.12M, 1081 Captains Walk St 4/2.5 $1.195M, 1717 Venus Dr 3/2.5 $1.299M, 747 Windlass Way 4/3.5 $2.45M.

3 price changes: 9448 Begonia Ct 3/2.5 now $599K (our listing, pictured below), 1973 Wild Lime Dr 4/3 now $599.9K, 911 Almas Ct 3/2.5 now $1.375M.

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6 new sales: 1365 Tahiti Dr 2/2 listed at $449K (our listing, pictured below), 1695 Serenity Ln 3/2 listed at $499K, 1731 Serenity Ln 4/3 listed at $639K, 1586 Century Ct 3/2.5 listed at $665K, 4080 West Gulf Dr 3/2 listed at $995K (our buyer), 772 Birdie View Pt 3/3.5 listed at $1.189M.

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1 closed sale: 980 Sand Castle Rd 3/3 half-duplex $509K.

LOTS

3 new listings: 1872 Middle Gulf Dr $495K, 2299 Starfish Ln $549K, 1874 Middle Gulf Dr $979K.

1 price change: 1048 Fish Crow Rd now $394.9K.

No new sales.

1 closed sale: 0 Dinkins Lake Rd $240K.

Captiva

CONDOS

1 new listing: Beach Homes #11 4/3 $2.35M.

No price changes.

1 new sale: Gulf Beach Villas #2004 2/2 listed at $638K.

No closed sales.

HOMES

1 new listing: 10 Sunset Captiva Ln 2/2.5 $995K.

1 price change: 15819 Captiva Dr 5/5 now $9.1M.

1 new sale: 14981 Binder Dr 3/3 listed at $995K.

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.

Until next Friday! If you are thinking about wintering on Sanibel, please don’t delay buying or making reservations.

Susan Andrews, aka SanibelSusan

 

Sanibel/Captiva Real Estate Action This Week


cartwheelHappy Friday! It has been a week with a little more activity on the islands. Our listings certainly got more action, including two sales and a couple of price reductions. Teammates and I were out showing and viewing property, and we also got two new listings. Hopefully, this is an indication that the market is picking up.

A report with the details of the action since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of news items below.

Sanibel & Captiva Island Association of Realtors®

Sanibel realtors logoThis week, there was no Thursday morning Realtor® caravan of new listings. The bi-weekly summer schedule ends at the end of October when it reverts to every week. Our new listing at Pine Cove #201 will be open for caravan next week (9 a.m. to noon).

SCCF Sea Turtle Program 2019

kemp turtleDetails about the 2019 Sea Turtle tagging project are in “SCCF’s Member Update” Oct 2019 issue. Since the project began in 2016, their team has documented 1,178 encounters with turtles on the beach at night, representing 587 unique individuals. When a turtle is encountered, she is scanned for existing tags, tagged if none are found, and measured with calipers and a measuring tape.

Of the 587 seen, 236 have been encountered more than once. Sea turtles don’t nest every year – each individual lays approximately 3-6 nests over the course of the season and then spends a year or two foraging to replenish her energy reserves before returning to the nesting beach.

The 2019 season is the 4th year of the tagging project. “Highlights of the 2019 tagging season include:

  • A new record of 353 documented turtle encounters from May 1 – July 31
  • Six green sea turtles seen on Sanibel, totaling 18 observed nests
  • The average loggerhead carapace size was 94.5 cm (slightly over 3 feet), with their largest loggerhead measuring at 115 cm (almost 4 feet long).
  • Staff interacted with 1,126 beachgoers at night to educate them about the impacts of flashlights on sea turtles.”

More info at www.SCCF.org.

A Mixed Economic Picture Ahead

REALTOR-Magazine_Logo_An interesting update in the September-October 2019 “Realtor®” magazine by NAR’s chief economist, Lawrence Yun. He says, “Home building is accelerating, but sales continue to lag.”

“Annual home sales have been moving sideways in recent years: 5.4 million in 2016, 5.5 million in 2017, and 5.3 million in 2018. As of June, this year’s total stands to be 5.2 million on an annualized basis.

“These flat numbers make little sense in light of the decent economy. From 2016 through the first half of 2019, the economy added 8 million net new jobs at higher pay. Moreover, household net worth grew by $13.5 trillion, thanks to the rising stock market and surging real estate prices. The unyielding homeownership rate has lead to a more concentrated build-up in wealth than if ownership had expanded.

“Perhaps reduced tax benefits for homeowners is the main reason the home sales have become sluggish. Fortunately, the market is shifting for the better because of amazing mortgage rates. The Federal Reserve’s decision to be more accommodating has brought mortgage rates down to under 4%. The housing supply remains a hurdle but steadily homebuilders are responding by building more spec homes and at lower price points, where the demand remains the strongest. Realtors® are also witnessing an uptick in seller inquiries in our consumer survey. Consequently, pending contracts rose in June in all major U.S. regions, marking the first year-over-year gain in 17 months. Barring headaches over inspections, appraisals, and mortgage funding, closing activity is expected to shoot higher in the second half of the year.

“And the economy still has room to grow. Home building needs to increase robustly to address the inventory shortage. And falling vacancy rates in office, industrial, and apartment properties suggest commercial construction needs. The main looming worry is the impact of the intensifying trade war on corporate investment and the stock market. In a good economy, business investment should be rising around 5% or more – certainly roughly in line with the growth in profits, which have soared. That’s not happening, and it’s of concern.”

Fall Home Checklist

Florida Realtors logoWhether you are in Florida or elsewhere, here is a good Fall Home Checklist reminder taken from an article posted in the September issue of Florida Realtor® magazine:

Exterior

  • Trim tree branches and vegetation near roof
  • Check roof, siding and foundation for damage
  • Check chimney for loose bricks and missing mortar
  • Clean gutters and downspouts. Make sure water doesn’t pool around foundation
  • Seal gaps and holes that could provide access for animals
  • Replace loose or missing caulking around windows and doors
  • If area is subject to freezes, shut off exterior faucets and irrigation system and store hoses

Interior

  • Check attic and crawl spaces for leaks and moisture after wet weather
  • Check caulking around faucets showers, bathtubs, sink and toilets
  • Check faucets and supply valves for leaks or corrosion
  • Inspect water heater for leaks
  • Test smoke and carbon monoxide detectors
  • Have a professional inspect/clean the chimney. Test fireplace flue for tight seal
  • Test circuit breakers and ground-fault/arc-fault interrupters
  • Consider hiring a professional to inspect and tune up your furnace/HVAC system
  • Change HVAC system filters and remove any materials that block return air vent
  • Clean dryer vent.

Sanibel & Captiva Islands Multiple Listing Service paragon black knight logoActivity September 20 – 27, 2019

Sanibel

CONDOS

3 new listings: Sandpebble #1A 2/2 $449K, Signal Inn #18 3/2 $1.175M, Pine Cove #201 3/2 $1.395M (our listing).

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From the wrap-around balcony at Pine Cove #201.

2 price changes: Signal Inn #10 1/1 now $499.9K, Signal Inn #14 2/2 now $739K.

3 new sales: Sanibel Arms West #I1 2/2 listed at $569K, Sunset South #6B 2/2 listed at $575K, Sanibel Moorings #1341 2/2 listed at $680K.

1 closed sale: Pointe Santo #B2 2/2 $640K.

HOMES

4 new listings: 1365 Tahiti Dr 2/2 $449K (our listing), 1695 Serenity Ln 3/2 $499K, 1672 Hibiscus Dr 3/2 $959K, 1121 Skiff Pl 3/3 $995K.

20190927_102647.jpg

1365 Tahiti Dr in Tradewinds

6 price changes: 405 Tiree Cir 3/2 now $749K, 1672 Hibiscus Dr 3/2 now $959K, 5402 Osprey Ct 4/3 now $975K, 842 Limpet Dr 3/3.5 now $2.095M (our listing), 1069 Bird Ln 4/3.5 now $4.795M, 4143 West Gulf Dr 3/3.5 now $5.795M.

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842 Limpet Dr in Shell Harbor

5 new sales: 681 Rabbit Rd 3/2 listed at $549K, 1558 Sand Castle Rd 3/2 listed at $599K (our listing), 1010 Kings Crown Dr 3/3 listed at $1.095M, 1345 Tahiti Dr 3/2.5 listed at $1.15M, 4709 Rue Belle Mer 3/2 listed at $3.125M.

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1558 Sand Castle Rd in The Dunes

3 closed sales: 1203 Kittiwake Cir 3/2.5 $505K, 640 Oliva St 3/2 $649K, 2689 Wulfert Rd 4/5.5 $1.6335M.

LOTS

No new listings.

1 price change: 2133 Starfish Ln now $389K.

1 new sale: 5737 Baltusrol Ct listed at 299K (our listing).

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5737 Baltusrol Ct in The Sanctuary

No closed sales.

Captiva

CONDOS

1 new listing: Sunset Beach Villas #2217 1/1 $510K.

No price changes or new sales.

1 closed sale: Sunset Captiva #204 2/2 $1M.

HOMES

1 new listing: 11540 Laika Ln 3/2.5 $1.375M.

1 price change: 16525 Captiva Dr 3/4 now $1.495M.

No new or closed sales.

LOTS

Nothing to report.

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

Until next Friday, Susan Andrews, aka SanibelSusan