February Flowers & Sanibel/Captiva Happenings


It’s another Friday and another month almost over, as Sanibel/Captiva weather continues to be summer-like. It has been another week with temperatures in the high 70’s/low 80’s, with more of the same expected over the next few days.

February Bougainvillea

The bougainvillea & roses in my yard always get happy in February!

Now that it’s really “season”, getting from one end of Periwinkle to the other has been challenging, sometimes in both directions, but particularly on Presidents’ Day and most days as workers head off-island (from about 3 to 6 p.m.)

SSRA with flagHere in the office, SanibelSusan listings had some action this week, with a sale, a price reduction, a new listing, and a home inspection.

The complete action posted in the Sanibel/Captiva Islands Multiple Listing Service over the past seven days, follow a few news items below.

February Membership Meeting – Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday morning was the island Realtors® monthly membership meeting. It brought a standing-room only crowd which is typical for February which usually is when business here is best. Surprisingly during the Caravan portion of the meeting, when new sales are announced, there was only one – a condo unit at Loggerhead Cay

During the educational portion of the meeting, speakers from the Sanibel School updated members with info we can use in presenting the school to prospective buyers. Assistant Principal Jamie Reed provided a school history, explaining how the school expanded a few years ago from K through 5, to K through 8. She also said that today school enrollment is down. The school has capacity for 354 students, with enrollment today at 270.sanibel school

With school funding based on the number of students, that also is down, but strong community financial support contributes to the school’s success. The Sanibel School Fund, for example, which is a group of education-minded citizens and parents raised the money needed to hire the school’s Spanish teacher, providing that foreign language training to all grades. The school’s PTA and close relationships with local organizations like the Wildlife Refuge, BIG ARTS, and the Conservation Foundation, also provide School support.

Classroom sizes at The Sanibel School include two classes in each of the lower grades with no more than 18 students per class. Grades 6 through 8 each have one class with up to 22 students in each. This family-like network of students and teachers provide a nurturing environment contributing to the school’s academic success rate, with grades continually ranking in the top 5-6% of the state.

Donna Marks, Sanibel School Registrar and Information Specialist, is available to provide school tours and explain what is needed for school enrollment. It no longer is a requirement that their students live on Sanibel/Captiva or have parents who work on the islands. More info at https://sbl.leeschools.net/our_families/registration__enroll_my_student

2019 Lee County Market Report – January

FL gulf coast mls logoThis morning, the following report was released by the Florida Gulf Coast MLS:

For the fourth straight month Single Family Homes shows a decrease

“Lee County’s Single Family housing market saw a decrease for the fourth straight month in January, according to the latest statistics just released by Florida Realtors®. Year-over-year, sales were down for both by double digits, but Townhouses and Condos are holding steady over the last four months.

“January showed a -18.7% decrease in the number of Closed Sales for Single Family Homes, and a -10.4% decrease for Townhouses and Condos, compared to the same time last year. Sale prices were up slightly for Single Family, while townhouse and Condos remain steady. Inventory is on the rise for Single Family showing 6.5% Months Supply of Inventory and 7.5 for Townhouses and Condos. The number of Active Listings jumped up again for a fifth straight month at 18.9% for Single Family Homes and 12.5% for Townhouses and Condos compared to 2018….

“Broken down by cities, Single Family sales in Bonita Springs, Pine Island and North Fort Myers saw an increase in number of Closed Sales, year over year. All remaining cities saw a decrease over last year. With Sanibel having a -60% and Fort Myers Beach having a -58.2% showing the largest decrease over 2018….”

Note: The numbers reported represent sales by all members of Florida Realtors®/SWFLA Matrix for Lee County, FL. Statistics released each month may be revised in the future as new data is released.

What Do Home Inspectors Usually Find?

Florida Realtors logoWith Florida being a full-disclosure state, Sellers and their representatives are required by Florida law to disclose defects that may materially affect the value of the real estate being sold. With many island properties owned by snowbirds, part-time visitors, and investors, in recent years it has been common to see Sanibel and Captiva property sold using the Florida Realtors® “As Is” contract.

Under the terms of the “As Is” contract, the Buyer accepts the property in its physical condition and the Seller is not responsible for any repairs. That contract also includes an “Inspection/Cancellation” period when the Buyer may perform due diligence, usually having the property professionally inspected.

The SanibelSusan Team always suggests a home inspection. A good one considers all the physical elements of a property and provides the age, service life, and condition of all mechanical items. Regardless of a property’s end use, it makes sense that a Buyer handle any repairs needed to ensure that they are done to their standards and satisfaction.

The below article posted on-line Wednesday by Florida Realtors® contains the same suggestion. Repair credits are not typical with the “as is” contract. That applies to the older Florida purchase agreement where a Buyer also may have a property inspected during a certain time period, but with that agreement, the Seller is advised of defects found and required to fix them by closing. With the “as is” contract, no Seller repairs or credits are required.

“LAS VEGAS – Feb. 20, 2019 – A study of 50,000 home inspections by Repair Pricer, a company that estimates repair costs for items cited in home inspection reports – found that some repair costs tend to appear more often.

“Nearly 55% of home inspections nationally cited doors that needed adjusting, for example; and 54% lacked exterior caulking and sealant, which could leave the home susceptible to extensive water damage. And about 48% of homes lacked GFCI protection to minimize the risk of electrocution in areas like the kitchen or bathroom. The most expensive home defects ranged in repair prices from slightly more than $1,000 to less than $10,000:

“Top 10 common home defects – percentage of homes – price to repair

  • Doors need adjusting/servicing: 54.9% of reports – $254 to repair
  • Faucets and heads need servicing: 54.8% of reports – $273 to repair
  • Exterior caulking/sealant missing: 54.5% of reports – $310 to repair
  • Outlets or switches with deficiencies: 53.7% of reports – $248 to repair
  • No GFCI protection: 48.0% of reports – $433 to repair
  • Absence of or defective smoke alarms: 45.06% of reports – $378 to repair
  • Cosmetic sheetrock cracks or nail pops: 45.02% of reports – $545 to repair
  • Fixtures and/or bulb deficiencies: 40.5% of reports – $209 to repair
  • Caulking, grout and sealer are missing interior: 33.9% of reports – $353 to repair
  • Service panel deficiencies: 33.7% of reports – $298 to repair

“While expensive repairs are less common, one in 10 inspections cite a roof nearing the end of its useful life as the most expensive common repair generally noted. However, one in five reports find a problem with window seals, which can cost over $1,000 to repair.

“5 most expensive repairs found – percentage of homes – price to repair

  • Roof nearing end of its serviceable life: 9.6% of reports – $9,948 to repair
  • Coil and condenser at end of serviceable life: 10.7% of reports – $5,818 to repair
  • Heating unit exceeded serviceable life: 10% of reports – $3,798 to repair
  • Water heater may need replaced: 10% of reports – $1,259 to repair
  • Window seals failed or fogged: 20.8% of reports – $1,026 to repair

“What should buyers do with inspection report information? Repair Pricer says buyers’ first instinct is often to ask sellers to make repairs, but “this tactic can frequently backfire. Even if the seller agrees … they’re under no obligation to implement quality repairs and frequently execute the cheapest option or fix, potentially leaving the buyer with substandard work, no transferable warranty and no recourse.” Seller repairs can also give buyers a “false sense of security, believing their agents have negotiated and built a home warranty into their contracts.”

The best tactic, according to Home Repair, is to ask the seller for a repair credit if appropriate under the contract and hire a contractor after closing to complete the repairs to the buyer’s standards – not the seller’s.”

Update on Water Issues by SCCF and Everglades Foundation

SCCF logoAn important update sponsored by the Sanibel-Captiva Conservation Foundation is scheduled next week. Here’s their announcement:

“Historically, nearly all the water from Lake O flowed south. Now, over 70% flows to the Caloosahatchee and St. Lucie. Don’t miss the chance to get the latest updates on the status of water management projects impacting the Caloosahatchee and the Everglades. After the devastating impacts of the 2018 Red Tide and the recent promising actions by Governor DeSantis, real improvements are now possible.

“Join us for “New Opportunities to Advance Water Quality Improvement and Everglades Restoration!” on Thursday, February 28 at 7 p.m. at the Sanibel Community House, 2173 Periwinkle Way. The event is free and registration is not required. Doors open at 6:30 and light refreshments will be served.

SCCF Water flows

“Some key indicators of current conditions:

  • Current Lake O levels are lower than they have been in recent years. A weak El Niño may bring higher than normal rainfall in the next few months.
  • The U.S. Army Corps of Engineers is beginning work on a new water management schedule for Lake O releases.
  • And Governor DeSantis has asked the South Florida Water Management District (SFWMD) to expedite work on the EAA Reservoir, the keystone project that will reduce harmful flows to the estuary by 40-60%.

“ALL of us will need to stay engaged to make sure that this emerging leadership vision is successful. Learn the latest from SCCF and the Everglades Foundation on recent progress, ongoing challenges and what you can do to help. For more info, call 472-2329.

Sanibel & Captiva Islands Multiple Listing Service Activity Feb 15-22, 2019

Sanibelsancap GO MLS logo

CONDOS

8 new listings: Sundial #G405 1/1 $439,555; Cottage Colony West #112 1/1 $605.9K; Villa Sanibel #2G 2/2 $685K, Island Beach Club #240F 2/2 $769K; Sundial #J204 2/2 $769K; Seawind II #2 2/2.5 $889K; Sanibel Moorings #111 2/2 $999.99K; High Tide #A301 2/2 $2.149M.

7 price changes: Mariner Pointe #842 2/2 now $595K, Island Beach Club #310A 2/2 now $699K, Pointe Santo #D3 2/2 now $725K, Shell Island Beach Club #7C 2/2 now $824K, Sundial #K103 2/2 now $920K, Loggerhead Cay #133 2/2 now $944K, Pointe Santo #E35 2/2 now $1.35M.

3 new sales: Captains Walk #B2 1/1 listed at $239K (our listing & sale), Seashells #3 2/2 listed at $449K, Sundial #B407 1/1 listed at $529K.

2 closed sales: Tennisplace #C23 2/1.5 $305K, Sundial #F206 1/1 $420K.

HOMES

10 new listings: 970 Greenwood Ct 3/2.5 half-duplex $440K, 5306 Ladyfinger Lake Rd 3/2 $595K, 731 Durion Ct 3/2 $799K, 823 Birdie View Pt 4/3 $949K, 510 Sea Oats Dr 3/2.5 $999K, 3850 Coquina Dr 3/3 $1.089M, 911 Almas Ct 3/2.5 $1.499M, 6170 Dinkins Lake Rd 3/3 $2.374M, 842 Limpet Dr 3/3.5 $2.495M (our listing), 3615 West Gulf Dr 3/2 $3.25M.

DCIM100MEDIADJI_0791.JPG

Our new listing at 842 Limpet Dr

21 price changes: 325 East Gulf Dr 1/1 now $528K; 401 Raintree Pl 3/1.5 now $529K; 746 Cardium St 4/2 duplex now $669K; 1973 Wild Lime Dr 4/3 now $674K; 678 Durion Ct 3/2 now $769.9K; 697 Birdie View Ct 3/2 now $774K; 3284 Twin Lakes Ln 4/4 now $799K; 257 Daniel Dr 3/2 now $799.9K; 3050 West Gulf Dr 3/2.5 now $824.9K; 3941 Coquina Dr 3/2 now $849K; 686 East Gulf Dr 3/2 now $849K; 1056 S Yachtsman Dr 3/2 now $879K; 9454 Calla Ct 3/2 now $899K; 501 Lagoon Dr 3/2 now $949K; 4345 Gulf Pines Dr 4/4 now $950K; 6123 Starling Way 3/2.5 now $989K; 3832 Coquina Dr 3/4 now $995K; 1672 Hibiscus Dr 3/2 now $999,995; 5842 Pine Tree Dr 3/2 now $1.095M; 532 Sea Oats Dr 4/4 now $1.395M; 1351 Middle Gulf Dr #2C 3/3 now $1.549M (our listing).

Image 8 c.jpg

Home just reduced at 1351 Middle Gulf Dr, Moonshadows #2C

5 new sales: 1442 Sandpiper Cir 2/2 half-duplex listed at $415K, 1160 Junonia St 3/2 listed at $739K, 480 Sawgrass Pl 3/2.5 listed at $999K, 928 Beach Rd 4/3 listed at $1.295M, 4992 Joewood Dr 3/3.5 listed at $1.365M.

3 closed sales: 2479 Blind Pass Ct 3/2 $725K, 789 Pyrula Ave 4/2.5 $900K, 4771 Tradewinds Dr 3/3 $1.55M.

LOTS

1 new listing: 6141 Starling Way $997K.

1 price change: 2297 Wulfert Rd now $194K.

1 new sale: 2933 Wulfert Rd listed at $379K.

1 closed sale: 4565 Bowen Bayou Rd $185K.

Captiva

CONDOS

3 new listings: Tennis Villas #3124 1/1 $370K, Beach Cottages #1404 2/2 $1.279M, Lands End Village #1635 2/2 $1.429M.

2 price changes: Captiva Hide-A-Way #1B 2/2 now $889K, Lands End Village #1602 3/3 now $2.15M.

1 new sale: Beach Villas #2614 2/2 listed at $614K.

No closed sales.

HOMES

No new listings.

4 price changes: 15161 Wiles Dr 5/5.5 now $2.4M, 11522 Andy Rosse Ln 5/5.5 now $2.799M, 15879 Captiva Dr 3/3 now $2.995M, 952 S Seas Plantation Rd 6/5.5 now $4.15M.

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, wishing you warm sunny beach-like weather too!

Susan Andrews, aka SanibelSusan

Nice beach shot

Sunny 79 Degrees F = Happy Sanibel on Feb 1st


w gulf dr sanibel beach with more peopleIt sure is great to be back on the islands, especially with the deep winter freeze reported in so many areas of the country. With temperatures here this week about 10 degrees lower than normal at this time of the year, a few islanders have grumbled about needing to kick their heat on and dig out their warmer sweaters and jackets. Mostly however, we have worried about friends and family up north and wish their frigid weather soon ends.

w gulf dr sanibel beach pathThe islands’ good weather news today is that day-time temperatures here finally are back into the high 70’s, with even some low-80’s predicted for the weekend. The SanibelSusan Teams hopes that being the warmest state in the nation will bring more visitors and buyers to the sunshine state, especially the islands.

As traffic here increases, business likewise seems to be growing. Our various Open Houses this week had more visitors, while our listings had a little more activity too. Teammate Dave and I also were both out working with buyers and showing property.

Sanibel realtors logoAt the islands’ Association of Realtors® Caravan meeting yesterday, there were more new sales announced – also, many new listings and price reductions. The action posted in the Sanibel & Captiva Islands Multiple Listing Service this week follows a few news items below.

First, a summary of today’s inventory (2/1/2019) compared to sales action this year, and 2018.

  Condos Homes Lots
Sanibel # Avg $ Price DOM # Avg $ Price DOM # Avg $ Price DOM
For sale 117 776,218 137 236 1,377,691 160 65 677,785 417
Under contract 10 804,150 78 23 1,300,213 148 1 189,900 23
Sold to-date in 2019 6 626,875 123 9 1,057,222 149 0 N/A N/A
Sold in 2018 155 720,617 172 218 1,112,748 162 21 602,095 240
 
Captiva # Avg $ Price DOM # Avg $ Price DOM # Avg $ Price DOM
For sale 41 1,153,068 223 43 3,065,012 244 3 4,296,333 418
Under contract 5 1,759,380 453 0 N/A N/A 0 N/A N/A
Sold to-date in 2019 1 389,000 43 1 2,800,000 181 0 N/A N/A
Sold in 2018 27 797,532 153 25 2,127,352 290 0 N/A N/A

First Florida Water Policy Summit

Organized around the idea that “clean water is a basic human right”, the first Florida Water Policy Summit was held on January 21 featuring six speakers from local conservation groups speaking about actionable water policy that can improve Florida’s impaired waters. According to experts, Florida has a lot of impaired waters – currently 12 million acres under Best Management Action Plans which are 15-year restoration plans required by the federal government when a waterbody is not meeting quality standards.

clean water actThe Federal Clean Water Act requires each state to compile a list of such waterbodies. Then the Department of Environmental Protection conducts water shed assessments. Any waterbody that does not meet pollution standards is scheduled for a Total Maximum Daily Load, which is a limit for the amount of a particular pollutant that a waterbody can handle. The next step after establishing that “Load” is writing up the Action Plan to restore those waters. Current reports show that Florida has 416 waterbodies with “Loads”, with 80 others on a waitlist to receive one.

ConservancyofSWFLSpecialists with the Conservancy of Southwest Florida offered some insight into how Florida got the point where almost a third of the state is under water quality restoration plans. Those answers are complicated (quotes below from January 30, 2019 “Sanibel-Captiva Islander”:

“A combination of harmful agricultural run-off, insufficient urban stormwater treatment, and fertilizer use have mixed us a cocktail of toxic water.

“Under Florida water law, farmers can sign a notice of intent to implement best management practices – essentially promising to comply with water quality standards.

“This grants a “presumption of compliance,” regardless of whether they are actually meeting standards or not.

“…Doing away with that presumption of compliance, updating stormwater run-off standards to remove more nutrients, and strengthening local fertilizer ordinances can all help improve water quality.

“And then there is Lake Okeechobee.

“The U.S. Army Corps of Engineers created the Lake Okeechobee Regulation Schedule in 2008, and it was intended as an interim measure until repairs to the Herbert Hoover Dam were completed.

“Those repairs still are not done.

“The Corps expects them to be finished by 2022, but they have said they will not change the Schedule until the dam is completed.

“According to Florida’s director of the Center for Biological Diversity, the Schedule did not consider cyanobacteria and red tide, claiming it was unlikely that discharges from the lake caused harmful algal blooms, and did not analyze them any further.

“But discharges from the lake do cause problems.

“Rae Ann Wessel, natural resource policy director at the Sanibel-Captiva Conservation Foundation, refers to the issue of balancing the lake’s flow levels as “The Goldilocks Condition.”

“Propelled by gravity, Lake Okeechobee’s discharges travel across 75 miles of freshwater river and estuary and three lock and dam systems to reach the Gulf of Mexico.

“Too much flow from the lake washes valuable fish and oyster nurseries out into the Gulf, decimating the ecosystem.

“Too little flow chokes these habitats with salt.

“”When we don’t get enough flow into the system through the western lock, the water that is fed by tidal action from the Gulf up the river brings much more salinity than some of these habitats can tolerate,” Wessel said.

“Habitats like tapegrass, which provide a home for crab, fish, and oysters that filter feed and clean water naturally, are destroyed.

“”Not only do we lose the tapegrass, we also lose 100% of the oyster reef that is downstream, and those are filtering water for free. 50 gallons a day for a single oyster is a huge contribution to our water quality,” she said.

“In 2001, the South Florida Water Management District set a minimum flow level of 300 cubic feet per second.

“Scientists realized this forgot to account for inflows to the estuary coming downstream from Telegraph Creek and Orange River, so they adjusted the number to 450, Wessel said.

“”That’s important because it shows up in the Schedule, and every habitat analysis for every state and federal Comprehensive Everglades Restoration Plan project as a habitat metric. So if you’re meeting 450 cubic feet per second for the Caloosahatchee, it says you’re golden… and we know that’s just not true,” she said.

“A more ideal number is closer to 800, all the way up to 1,000 cubic feet per second, according to Wessel.

“The South Florida Water Management District recently set the flow level to 400 cubic feet per second, and the City of Sanibel gathered three other neighboring municipalities, including Cape Coral, to challenge that rule in administrative court, asking for more flows.

“That case is still awaiting a ruling.

“We’re doing oyster restoration and tapegrass restoration, but it’s not accounted for in the district’s analysis. They say the tapegrass is doing fine, but that’s because we keep going in and planting it,” Wessel said.

“With all of this in mind,… it is important for citizens to ask the Corps to address the regulations schedule as soon as possible, and to finish repairs to the dam by June 2020.

“”It can be done by then, and we need to demand it….”

“Wessel reminded everyone that it is not just Lake Okeechobee to blame for all our problems, because the watershed the discharges flow through to reach the Gulf is almost two Lake Okeechobees in size.

“”There are many times when we are getting no discharges from the lake, and we’re having harmful flows just from the estuary and river watershed. So keep in mind that when we talk about where the problems start, and where the solutions lie, it’s important to recognize that it’s all of us, we all contribute to it,” she said.

Important Addition to South Florida Water Management District (SFWMD)

sfwmd LOGO.jpgLocal water quality advocates were encouraged two weeks ago when Florida’s new Governor, Ron DeSantis took office and almost immediately issued a water policy order and requested that all board members of the South Florida Water Management District board resign.

This week, Gov DeSantis appointed outgoing Sanibel City Councilman Chauncey Goss to serve on the district’s 9-member panel. Chauncey has not only a keen connection to the island (yes, his Dad was Sanibel’s first Mayor), he has an impressive resume, having served in senior roles in politics both in the U.S. House and the White House. He is on the Board of Directors at the Sanibel-Captiva Conservation Foundation, Captains for Clean Water, Lee County Coastal Advisory Council, Lee County Parks & Recreation Advisory Board, Southwest Florida Community Foundation, and Charlotte Harbor National Estuary Program, among others. Last week, he announced that he would not seek re-election to the City council post he has served on since March 2015.

Following Goss’ appointment, the SFWMD released the following statement:

“The South Florida Water Management District appreciates Gov. Ron DeSantis’ leadership in making the restoration of Florida’s Everglades and the protection of its water resources such a high priority. His recommendation to allocate $625 million for state water resources projects like the Everglades Agricultural Area Storage Reservoir, as well as the actions laid out in his recent executive order, show that Gov DeSantis is leading the charge to restore, and protect Florida families, businesses, and the environment.”

Sanibel & Captiva Islands Multiple Listing Service Activity Jan 25 – Feb 1, 2019sancap GO MLS logo

Sanibel

CONDOS

4 new listings: Sandalfoot #1C1 2/2 $959K, Pointe Santo #E3 2/2 $889K, Sundial #P203 2/2 $929.9K, White Sands #25 2/2 $999K.

6 price changes: Spanish Cay #F7 1/1 now $259K, Sundial #I103 1/1 now $479K, Oceans Reach #4B1 1/1 now $699K, Island Beach Club #210B 2/2 now $769K, Gulfside Place #305 2/2 now $1.49M, Plantation Village #312 3/2.5 now $1.595M.

2 new sales: Sand Pointe #228 2/2 listed at $749K, Kings Crown #311 3/2 listed at $999K.

2 closed sales: Sundial #G206 1/1 $457.5K, Clam Shell #E 3/2.5 $940K.

HOMES

12 new listings: 747 Martha’s Ln 3/2 $559K, 4619 Rue Bayou 3/2 $699K, 2010 Wild Lime Dr 4/4 $749K, 405 Tiree Cir 3/2 $824.9K, 543 Hideaway Ct 3/2 $929K, 5659 Sanibel-Captiva Rd 2/2 $949K, 1010 Kings Crown Dr 3/3 $1.245M, 928 Beach Rd 4/3 $1.295M, 228 Violet Dr 4/2/2 $1.949M, 572 Kinzie Island Ct 5/5 $2.15M, 2391 Shop Rd 3/2.5 $2.174M, 1237 Isabel Dr 5/6.5 $2.895M.

9 price changes: 1805 Ibis Ln 2/2 now $535K, 984 Black Skimmer Way 3/2 now $549.5K, 1973 Wild Lime Dr 4/3 now $689K, 955 S Yachtsman Dr 3/2 now $799K, 1307 Par View Dr 3/3 now $999K, 641 Lake Murex Cir 4/3 now $1.0355M, 829 Birdie View Pt 4/3.5 now $1.19M, 6425 Pine Ave 4/3 now $1.595M, 1743 Venus Dr 4/3.5 now $1.699M.

7 new sales: 531 Piedmont Rd 3/2 listed at $439.5K; 529 Lake Murex Cir 3/2 listed at $749,947; 1236 Par View Dr 3/2.5 listed at $889K; Moonshadows #2E 2/2 listed at $895K (our buyer); 3351 Saint Kilda Rd 3/3 listed at $1.25M; 2640 Coconut Dr 2/2 listed at $1.375M; 5407 Osprey Ct 4/3 listed at $1.595M.

Image 4.jpg

Moonshadows looking from Sanibel River to Gulf of Mexico

2 closed sales: 4290 Gulf Pines Dr 3/2 $510K, 568 Sea Oats Dr 3/2.5 $730K.

LOTS

No new listings.

4 price changes: 1817 Long Point Ln now $309K, 5251 Indian Ct now $689K, 6505 Pine Ave now $779K, 6519 Pine Ave now $799K.

No new or closed sales.

Captiva

CONDOS

2 new listings: Beach Villas #5114 1/2 $412K, Beach Villas #2227 1/1 $539K.

2 price changes: Beach Homes #17 4/3 now $3.25M, Beach Homes #25 3/2 now $1.895M.

No new sales.

No closed sales.

HOMES

2 new listings: 14981 Binder Dr 3/3 $1.049M, 11501 Laika Ln 3/3 $1.595M.

2 price changes: 16596 Captiva Dr 5/5/2 now $6.979M, 17030 Captiva Dr 6/7.5 now $7.98M.

No new sales.

1 closed sale: 1102 Tallow Tree Ct 5/4 half-duplex $2.8M.

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 SanibelSusanRoseatesAnhinga

Real Estate Scoop from Florida Realtors & Sanibel


i-wear-flip-flops-in-winterFlorida Realtors logoIt is a long-distance joint effort this week as SanibelSusan finishes up today at the Florida Realtors Mid-Winter Business Meetings in Orlando while teammates Dave, Elise, and Lisa keep things running smoothly on the island.

It is always rewarding to be part of the state leadership team. Though we only meet twice a year, much is accomplished in just a few meeting-packed days, while the networking and friendships made create invaluable resources and future referrals for years.

header_midwinter_2This business has changed so much since I got my real estate license almost 30 years ago, that just keeping up with the times can be challenging. To think that there are now over 400,000 real estate licensees in Florida, just the numbers are staggering. Last year, Florida real estate sales totaled $126.5 Billion. Also last year, Florida Realtors offered 1,158 courses with 35,235 students attending. Those are all record numbers.

Those numbers make it sound like peanuts that on Wednesday our state Audition Panel evaluated more prospective instructors to teach state-approved classes than we have ever done in a single day – a total of 48 live auditions and 12 written. Yesterday, our Curriculum Subcommittee also voted to approve, renew, update, and translate many classes.

Through the year, I occasionally am called upon to evaluate a written application to teach a class, or to perform a telephone interview with a prospective teacher. It’s satisfying, through the years, to watch some of these rookies turn into cracker-jack instructors, successful brokers, and even authors. One of them will Chair the state Professional Development Committee next year. Today, that Committee approved all of the instructors and class changes that the subcommittees recommended.

Another interesting aside from these Florida Realtors meetings are our common problems. As part of the Legislative Think Tank, the Resort and 2nd Home breakout group meeting yesterday shared the same difficulties being experienced in many areas. Those ranged from short-term and vacation rentals affected by such third party purveyors as AirB&B and VRBO, to similar changes in city/town/community regulations, to occupancy changes from water quality issues and the like.

Florida Realtors PAC continues to provide strong representation and lobbying in Tallahassee to protect your property rights and property values. (Wednesday night, the Sanibel & Captiva Islands Association of Realtors received two state awards for their 2018 member PAC participation. Our local district pals in Bonita Springs -Estero won an award too.)government_affairs_rpac_logo_home

In the technology and legal world, changes in rules on advertising, teams, and copyrights, plus phishing, spams, wire fraud, and new contract requirements, make attendance at these meetings so important in staying ahead of the curve and out of trouble. Thanks to my team for making it possible for me to be part of these meetings. I’ll be back on Sanibel tomorrow in time to show homes on Sunday.

The action posted in the islands’ Multiple Service this week follows a news item below. On the island, and echoed in Orlando, is that last quarter 2018 and 2019 business to-date is off, but expected to improve. Here, it usually happens when the islands are busiest February and March. That’s soon. The SanibelSusan Team is ready.

What Will Increase the Value of My Property?

Money tightRealtors® often are asked what improvements will increase the value of a property when it is time to sell.

In most cases, buyers want a property that is move-in-ready. Usually, a few interior updates will help. In considering those improvements, do not over-improve beyond your community’s reasonable resale value.

Probably the most desired are remodeled kitchens and baths. They also bring the biggest return on investment. If full renovations are not possible, instead freshen with light neutral paint, new appliances, updated light fixtures, and kitchen/bath hardware.

Having consistent quality flooring throughout also is a plus with today’s buyers. Classic timeless styles rather than trendy options usually produce the best results.

Keeping the roof, windows, HVAC system, pool including cage and equipment, and hot-water heater well maintained also are important.

sancap GO MLS logoSanibel & Captiva Islands Multiple Listing Service Activity January 18-25, 2019

Sanibel

CONDOS

5 new listings: Sundial #C410 1/1 $475.9K, Sundial #I401 1/1 $489.9K, Loggerhead Cay #471 2/2 $569K, Sanibel Arms West #K5 2/2 $579K, Sundial #J204 2/2 $793K.

6 price changes: Tennisplace #C32 2/1.5 now $305K, Sanctuary Golf Villages I #3-1 2/2.5 now $640K, Loggerhead Cay #233 2/2 now $729K, Sundial #A201 2/2 now $899K, Sanibel Surfside #231 3/3.5 now $1.395M, Cyprina Beach #1 3/3 now $1.745M.

2 new sales: Sundial #F206 1/1 listed at $429K, Nutmeg Village #103 2/2 listed at $795K.

1 closed sale: Sundial #J401 1/1 $561,750.

HOMES

9 new listings: 9228 Belding Dr 2/1.5 $529K, 9393 Peaceful Dr 3/2.5 $839K, 1559 Sand Castle Rd 3/2 $850K, 9454 Calla Ct 3/2 $950K, 1030 Kings Crown Dr 2/2 $998K, 1039 Sand Castle Rd 3/3 $999K, 1450 Royal Poinciana Dr 3/2.5 $1.248M, 2303 Troon Ct 3/3.5 $1.298M, 1653 Hibiscus Dr 3/2 $1.495M.

9 price changes: 693 Rabbit Rd 3/2 now $547K, 4619 Brainard Bayou Rd 3/2 now $627K, 1442 Sand Castle Rd 3/2 now $689K, 9052 Mockingbird Dr 3/2 now $699K, 749 Cardium St 3/2 now $699K, 3050 West Gulf Dr 3/2.5 now $849.9K, 335 Cowry Ct 4/3.5 now $999K, 6047 Sanibel-Captiva Rd 3/2.5 now $1.195M, 772 Birdie View Pt 3/3.5 now $1.295M.

2 new sales: 1740 Middle Gulf Dr 4/3 listed at $850K, 925 Whelk Dr 3/3.5 listed at $2.375M.

4 closed sales: 824 Birdie View Pt 3/3 $850K, 1433 Sanderling Cir 3/3 $1.025M, 1426 Causey Ct 3/2.5 $1.09M, 2622 Coconut Dr 5/3.5 $2.55M.

LOTS

1 new listing: 6217 Starling Way $1.4M.

1 price change: 3354 Barra Cir now $399K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #4112 1/2 $384,999.

No price changes.

3 new sales: Beach Villas #2538 3/3 listed at $909.9K, Lands End Village #1655 2/2 listed at $1.055M, Sunset Captiva #302 4/3 listed at $ 2.248M.

No closed sales.

HOMES

1 new listing: 16333 Captiva Dr 4/2/2 $2M.

1 price change: 56 Sandpiper Ct 2/2.5 now $874.5K.

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! Signing off from chilly Orlando where it’s been into the 40’s & 50’s all day (that’s degrees F). Good thing I brought my winter flip flops. It hasn’t been much warmer on Sanibel.

Susan Andrews, aka SanibelSusan

Another Sunny Sanibel Friday With Temps in Mid-70’s


210.JPGIt seems that SanibelSusan’s Friday island updates often begin with weather and traffic reports. Why should this week be any different? So, I’ve had my heat on at home at night for almost a week now and we often have kicked it on at the office first thing in the morning to take the chill off. Temperatures in the 50’s and 60’s are hardly a chill, particularly when looking at the national weather forecast and the snow expected to hit New England and the Midwest this weekend. We hope that those affected stay warm and safe.

scotch bonnet shell 01-15-19Usually those winter snowstorms affect Florida weather in some way, sometimes resulting in good shelling. Those doing the Sanibel Stoop continued to find special shells this week. Here’s a jumbo Scotch Bonnet collected on January 15th.

Here, the forecast for next week shows day-time temperatures in the mid-60’s to mid-70’s. With a low in the 40’s expected Sunday night (that could be our lowest of the year so far).

Island roadway traffic and business are still off compared to previous January’s. Today, traffic past the office is a little heavier with an Arts & Crafts Fair going on at The Community House. It’s going on there tomorrow too. Real estate business usually picks up in February, with the islands are at their busiest.

At the local Association of Realtors® meeting yesterday only a couple of sales were announced, but there were plenty of new listings and price reductions. A full caravan followed including our new listing at Lighthouse Point which got good feedback by both Realtors® and neighbors/island visitors. It’s great value, priced to sell quickly if you are interested in a beach-front 3-bedroom on the bay. (photos below)

The details on all of the islands’ Multiple Listing Service action since last Friday follow a few news items below.

Tonight is the Association’s annual Installation & Awards Banquet at The Sanctuary.

Florida Realtors® Mid-Year Business Meetings

header_midwinter_2.jpgNext week are the Florida Realtors Mid-Winter Business Meetings in Orlando where state leaders kick off the year. With that trip in mind, I’ve been watching Orlando forecasts too. Their forecast shows their daytime temperatures expected to be higher than here (80 degrees Saturday and 78 degrees Wed). But their nights are regularly into the 40’s.

Teammates Dave, Elise, and Lisa will be covering on-island while I’m away. The meeting schedule is consolidated this year, so I’ll be back on island Saturday. Wednesday, I again am sitting on the Audition Panel for Florida Realtors® instructors. We have a record number of 48 auditions scheduled during our all-day session. Thursday morning the Legislative Think Tank meets, as well as the Resort & 2nd Home Forum (where water quality and short-term rentals are on the agenda). Thursday afternoon, I have a Curriculum Subcommittee meeting in preparation for Friday’s Professional Development Committee meeting. With multiple meetings and events happening simultaneously, it’s always a productive invigorating time including great networking. Hard to believe this will be my 21st year serving. Today’s technology sure makes participating and doing business from afar easier now.

Florida Brokers Use New Tax Law as a Marketing Tool

bloomberg logoFrom Monday’s Florida Realtors® on-line:

“MIAMI – Jan. 14, 2019 – Florida real estate professionals are pitching the state’s tax benefits in places like New York, New Jersey and Connecticut – states where homeowners were hit the hardest by a sweeping tax law that capped deductions on state and local taxes since they have some of the highest income and property taxes. “What we’ve done is kind of double down on the Northeast because of the tax incentives,” says Daniel de la Vega, president of ONE Sotheby’s International Realty in Miami.

“Under the tax law, deductions for state and local taxes, including property taxes, are limited to $10,000. According to Jay Phillip Parker, CEO of Douglas Elliman Real Estate’s Florida operations, “If you’re looking at an ultra-high net worth individual or a very high-income employee, if they can make the move, there are real benefits.”

“The efforts appear to be gaining traction, with Redfin reporting an average 5% gain in sales prices for Florida luxury homes on a year-over-year basis in the third quarter. Moreover, Florida luxury home prices have outperformed the national average for four consecutive quarters. Over the same year-over-year period, luxury home sales in Florida edged up 6%, but declined 0.7% nationally.

“Cristobal Young, a Cornell University sociologist and author of “The Myth of Millionaire Tax Flight: How Place Still Matters to the Rich,” says that if you strip Florida out of the national data, evidence of rich people moving from high- to low-tax states essentially disappears.”

Source: Bloomberg (01/11/19) Levin, Jonathan

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

2018 Was 3rd Year For Above-Average Catastrophes

Florida Realtors logoFlorida Realtors posted the below article on-line yesterday:

“CoreLogic’s annual Natural Hazard Report, which addresses the recent wildfires in California and severe rainfall- and hurricane-induced flooding throughout the nation, as the leading catastrophes in 2018.core logic logo

“Much like 2017, last year was an above-average year for hurricanes, flooding, wildfires and severe winds, the report concludes. It’s the 3rd year in a row for increased damage from disasters, which property insurance companies consider when requesting rate increases.

“The annual report analyzes hazard activity in the U.S. including events for Atlantic and Pacific hurricanes, flooding, wind, wildfire, earthquake and volcano, hail and tornado, as well as several international events including typhoons and cyclones in Japan, Oman, Hong Kong and the Philippines.

“”In 2018, the U.S. continued to experience damaging weather and natural catastrophes in high exposure areas, and in some instances, in regions that had been impacted in less than a year prior,” says Howard Botts, chief scientist, CoreLogic. “Hazards will always pose a real threat to homes and businesses and knowing exactly what that risk entails is critical to helping ensure sufficient protection from the financial catastrophes that so often follow natural disasters.”

“Report highlights

Flooding

In 2018, there were over 1,600 significant flood events that occurred in the U.S., 59% of which were flash flood-related.

“Residential and commercial flood damage in North Carolina, South Carolina and Virginia from Hurricane Florence is estimated at $19 billion to $28.5 billion, of which roughly 85% of residential flood losses were uninsured.

“Multiple states, including Texas, North and South Carolina, Maryland and Wisconsin, experienced 1,000-year floods; several 2018 floods occurred less than two years after an earlier problem, even though they’re considered 1,000-year flood events.

“Six percent of properties nationwide are within Special Flood Hazard Areas (SFHA), and approximately one-third of those have flood insurance policies.

Atlantic hurricanes

“The 2018 Atlantic Hurricane season saw 15 named storms, eight of which were hurricanes. Two of these, Hurricanes Florence (Category 1) and Michael (Category 4), made landfall along the U.S., making 2018 the third back-to-back season of above-average hurricane activity in the Atlantic.

“Approximately 700,000 residential and commercial properties experienced catastrophic flooding and wind damage from Hurricane Florence, which is estimated to have caused between $20 to $30 billion in insured and uninsured loss.

“Michael is the strongest hurricane to make landfall in the Florida Panhandle since 1900 and the strongest hurricane to make landfall in the U.S. since Hurricane Andrew in 1992. It’s estimated to have caused $2.5 to $4 billion in residential and commercial insured loss from wind and storm surge.

Wildfire

“The number of acres burned in 2018 is the eighth highest in U.S. history as reported through Nov. 30, 2018.

A total of 11 western states had at least one wildfire that exceeded 50,000 burned acres; the leading states were California and Oregon, each with seven fires that burned more than 50,000 acres.

“The November 2018 Camp Fire in Northern California destroyed nearly the entire city of Paradise and brought damage or destruction to 18,804 structures.

“The Woolsey wildfire in the coastal community of Malibu destroyed more than 1,600 structures.

CoreLogic estimates that the combined total insured and uninsured loss for these two wildfires is between $15 billion and $19 billion.”

Sanibel & Captiva Islands Multiple Listing Service Activity Jan 11-18, 2019sancap GO MLS logo

Sanibel

CONDOS

5 new listings: Donax Village #10 1/1.5 $379K, Loggerhead Cay #582 2/2 $689K, Sandpiper Beach #303 2/2 $785K, Tarpon Beach #112 2/2 $1.149M, Atrium #207 2/2 $1.55M.

5 price changes: Tennisplace #D22 1/1 now $235K, Tennisplace #B22 2/1.5 now $309K, Sundial #H108 1/1 now $459K, Pointe Santo #B2 2/2 now $699K, Villas of Sanibel #A102 3/3 now $1.49M.

1 new sale: Bayview Village #2A 3/3 listed at $749K.

1 closed sale: Compass Point #232 2/2 $585K (our buyer).

compass point from beach

Compass Point from the beach

HOMES

5 new listings: 4755 Ruelle 3/3 $785K; 2441 Los Colony Rd 4/2.5 $898,997; 3351 Saint Kilda Rd 3/3 $1.25M; 5407 Osprey Ct 4/3 $1.595M; 4143 West Gulf Dr 4/3.5 $6.795M.

14 price changes: 1027 Sand Castle Rd 2/2 now $499K, 9248 Dimmick Dr 3/3 now $630K, 1441 Sand Castle Rd 3/2.5 now $699K, 721 Cardium St 3/2 now $745K, 1978 Roseate Ln 3/2 now $748.9K, 1225 Seagrape Ln 3/3 now $799K, 4760 Rue Helene 3/2 now $829K, 1656 Middle Gulf Dr 3/4 now $895K, 4787 Rue Helene 4/3 now $959K, 5422 Shearwater Dr 3/2.5 half-duplex now $989K, 1345 Eagle Run Dr 3/2.5 now $1.195M, 532 Sea Oats Dr 4/4 now $1.495M, 500 Kinzie Island Ct 3/3 now $1.499M, 784 Limpet Dr 4/3 now $1.789M.

7 new sales: 9431 Moonlight Dr 3/2 listed at $597K, 221 Robinwood Cir 3/2 listed at $679K, 678 Durion Ct 3/2 listed at $799K, 2479 Blind Pass Ct 3/2 listed at $874.9K, 1127 Buttonwood Ln 3/2.5 listed at $925K, 789 Pyrula Ave 4/2.5 listed at $999K, 1230 Ferry Rd 3/4 listed at $1.095M.

No closed sales.

LOTS

No new listings.

3 price changes: 5847 Pine Ave now $349,555; 0 Island Inn Rd now $849,555; 4767 Tradewinds Dr now $1.595M.

1 new sale: 4565 Bowen Bayou Rd listed at $189.9K.

No closed sales.

Captiva

CONDOS

1 new listing: Gulf Beach Villas #2112 1/1 $517.9K.

1 price change: Seabreeze #1253 3/3 now $1,799,999.

1 new sale: Beach Villas #2625 2/2 listed at $635K.

1 closed sale: Bayside Villas #5234 1/2 $389K.

HOMES

3 new listings: 11544 Wightman Ln 4/4.5 $2.395M, 15831 Captiva Dr 2/2.5 $4.15M, 16548 Captiva Dr 4/4 $4.5M.

3 price changes: 11535 Wightman Ln 4/4 now $1.849M, 11547 Laika Ln 4/4 now $2.395M, 16531 Captiva Dr 8/8 now $3.6M.

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.

dsc01361

Enjoy your weekend!

Until next Friday, Susan Andrews, aka SanibelSusan

Another Sunny Friday on Sanibel Island


Susan here with another Sanibel/Captiva update following our 1st full week in the office in 2019. With holiday families and visitors gone, it has been pretty quiet. Though there have been a couple of chilly windy mornings (yesterday and today), the weather has been mostly sunny to the delight of those here enjoying nature, beaches, waterways, and bike paths. On my way back to the office this afternoon, I snapped the below cellphone photos at the Fulgur Street beach access. It was a bright 71 degrees F, so clear I could see all the way to Naples along the eastern skyline. (By the way, I am wearing a jacket with sweater (& flip flops) but viewed some bikini-clad shellers on the beach.)

img_7362img_7363img_7364img_7365img_7367

The word on the street is that vacation rental bookings are off with some usually-faithful annual visitors choosing other winter destinations this year as a result of the broad summer/fall news about our water woes.

With today’s technology and recent worries about water conditions, business, and travel, I click on the U.S. Fish and Wildlife’s red tide status updates as often as I click on the Sanibel travel cams to see the easiest route home. Yesterday when some Realtor® pals in Sarasota indicated a rise in the red-tide organism there, I quickly checked again. Though a new report will be issued later today, below is their mid-week (January 9, 2019) report:

“Current Conditions – The red tide organism, Karenia brevis, persists in Southwest Florida. This past week, K. brevis was present in samples from and/or offshore of Hillsborough, Manatee, Sarasota, Charlotte, Lee, and Monroe counties, with bloom concentrations observed only in and offshore of Sarasota County. Additional details are provided below.

“Over the past week in Southwest Florida, K. brevis was observed at background concentrations offshore of Hillsborough County, very low to low concentrations in Manatee County, background to high concentrations in or offshore of Sarasota County, background to low concentrations in or offshore of Lee County, and low concentrations offshore of Monroe County.

“Fish Kills – No fish kills suspected to be related to red tide were reported this week (please see https://myfwc.com/research/saltwater/health/fish-kills-hotline).

“Respiratory Irritation – Respiratory irritation was reported over the past week in Manatee and Sarasota counties.

“Forecast – Forecasts by the USF-FWC Collaboration for Prediction of Red Tides for Pinellas to northern Monroe counties predict southwestern transport of surface waters and southeastern movement of subsurface waters over the next four days.”

Sanibel/Captiva Islands Real Estate

Sanibel realtors logoThe Realtor® Caravan Meeting yesterday at the local Association of Realtors® had the heaviest attendance in recent memory with the room full of Realtors® and Affiliates ready for a busy “season”. Plenty of new listings and price reductions were announced, but not many sales.

Knowing we are all worried about how the water issues will impact business this year, below is a summary of the closed sales posted in the local Multiple Listing Service last year and the year before compared to this year for the 3-month period Oct 11 through Jan 11. Current inventory numbers were added to illustrate number of units on the market.

Sanibel Captiva
Condos Homes Lots Total Condos Homes Lots Total
For Sale 109 228 63 400 42 39 3 126
2018/2019 18 31 2 51 2 7 0 9
2017/2018 36 34 6 76 6 3 0 9
2016/2017 29 35 10 74 7 5 0 12

The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows some good news articles below. Yes, there is good news.

Governor Ron DeSantis Announces Major Water Policy Reform

desantis logoThe good news is that though it has only been days since his inauguration, Florida’s new governor already is acting on water quality. The below news release and Executive Order were posted on-line yesterday by Governor DeSantis’s office:

“Today, Governor Ron DeSantis signed Executive Order 19-12 (Achieving More Now for Florida’s Environment), implementing major reforms to ensure the protection of Florida’s environment and water quality. “Our water and natural resources are the foundation of our economy and our way of life in Florida,” said Governor Ron DeSantis. “The protection of water resources is one of the most pressing issues facing our state. That’s why today I’m taking immediate action to combat the threats which have devastated our local economies and threatened the health of our communities.”

“The order calls for:

  • $2.5 Billion over the next four years for Everglades restoration and protection of water resources (a $1 Billion increase in spending over the previous four years and the highest level of funding for restoration in Florida’s history).
  • The Establishment of a Blue-Green Algae Task Force charged with focusing on expediting progress toward reducing the adverse impacts of blue-green algae blooms now and over the next five years.
  • Instruction to the South Florida Water Management District to immediately start the next phase of the Everglades Agricultural Area Storage Reservoir Project design and ensure the U.S. Army Corps of Engineers approves the project according to schedule.
  • The Creation of the Office of Environmental Accountability and Transparency charged with organizing and directing integrated scientific research and analysis to ensure that all agency actions are aligned with key environmental priorities.
  • The Appointment of a Chief Science Officer to coordinate and prioritize scientific data, research, monitoring and analysis needs to ensure alignment with current and emerging environmental concerns most pressing to Floridians.”

Florida Governor Asks SWFL Water Management District Board Members to Resign

miami herald logoPosted on-line late-day yesterday by the “Miami Herald”.

“Florida Gov. Ron DeSantis, two days into office, discusses executive orders he signed to address the red tide issues impacting the state.

“After a whirlwind day visiting both coasts to announce sweeping measures to address the state’s environmental woes, Florida’s new governor demanded water managers overseeing efforts to fix the Everglades step down on Thursday.

“At an afternoon meeting in Stuart, Gov. Ron DeSantis said he wanted the nine-member board at the South Florida Water Management District to resign because he believed they failed to understand the toll endured by communities by repeated algae blooms triggered by dirty lake water released into coastal rivers. “I just want good people who are willing to do the right thing,” he said.

“Board members infuriated the new governor in November when they voted to extend a lease to sugar farmers two days after the election. News of the pending vote was posted the night before a district field meeting in Miami, with less than 12-hours notice. U.S. Rep. Brian Mast, R-Palm City, who headed up DeSantis’ environmental transition team, raced down to the meeting and urged board members to put off the vote to give the new governor time to review the matter. But they refused.

“ “Brian calls me at 8:30 at night and said there’s this meeting in the morning about this lease that might impact the reservoir,” DeSantis recalled Thursday. “I don’t know why it was handled that way. I think it really upset a lot of people.”

“At the time, chairman Federico Fernandez, a Miami attorney, said the board was obliged to extend the lease by the state law authorizing the reservoir. The law, passed under former Gov. Rick Scott, which also dramatically reduced the reservoir from 60,000 acres to 17,000 acres, said sugar farmer should be allowed to continue farming until it interfered with construction. The lease, which could be canceled after 20 months when the district expected design plans to be completed, allowed district crews on the site to begin prep work.

“On Jan. 7, the district began relocating about 800,000 cubic yards of rock to be used to construct the reservoir.

The district is also awaiting news from its partner on the project, the U.S. Army Corps of Engineers, about design plans. In June, the Corps issued an 86-page review raising questions and saying it needed more information before agreeing to split the $1.8 billion cost.

“Fernandez had said he did not believe the governor could remove board members before their terms expired. He declined to comment Thursday. He was scheduled to be part of a panel on restoration efforts at the annual Everglades Coalition conference this weekend in the Keys but will be replaced by a district staff member.

Board member Melanie Peterson along with district general counsel and chief of staff Brian Accardo sent letters to Scott earlier this month saying they were resigning. The nine-member board has staggered appointments. Terms for three, including Miami-Dade tomato farmer Sam Accursio, end in March.

“On Thursday, DeSantis sent letters asking for the board members’ resignations after Mast recommended it.

“We want to make sure we have everybody in the boat rowing the same way,” he said.

“In his letter, DeSantis thanked board members but said “voters spoke clearly in support of our bold vision for action.”

“DeSantis said he also plans on holding back many last-minute appointments to state positions made by Scott, a move viewed as an insult to the incoming governor.

““For all the midnight appointments that require Senate confirmation, I’m going to be pulling them back,” he said. “Some of the people in that batch are people I know and respect and you may see me reappoint them … but we’re going to be pulling them all back.”

“Scott said Thursday in Washington that he did not take the move personally. “Every governor has the opportunity to make their own decisions. I’m proud of what we got accomplished. I’m glad that Gov. DeSantis cares about water issues. He’s walking into a totally different situation than I was” when Florida was in the midst of recession. “Governors have the right to make appointments. That’s what they ought to do,” he said. “They ought to find who they believe are the best people.””

(Tampa Bay Times staff writer Steve Contorno contributed to this report.)

You Can Sell an Inherited Property in Probate – But Do It Right

Sun sentinelIn real estate sales, we often run into situations where a family heir wants to sell a property. Good info about this was posted on-line Monday on Florida Realtors®. The author is Gary M. Singer, the article came from the “Sun Sentinel” (Fort Lauderdale, FL). Mr. Singer is a Florida attorney and board-certified as an expert in real estate law by the Florida Bar. He practices real estate, business litigation and contract law from his office in Sunrise, Fla. He is the chairman of the Real Estate Section of the Broward County Bar Association and is a co-host of the weekly radio show Legal News and Review. He frequently consults on general real estate matters and trends in Florida with various companies across the nation. Here’s the question posed and his answer.

“Question: I inherited two lots in Florida from my mother who recently died. Her estate was probated in South Carolina, and she left everything to me. The Florida tax bills still show the property is in her estate. How do I transfer the lots to my name? – Barbara

“Answer: To answer your question I need to review the concept of jurisdiction. A court’s jurisdiction refers to its power to make and enforce legal decisions and judgments. For a court’s decision to be binding, it must have jurisdiction over either the person who is being affected, known as “in personam,” or over the property being ruled on, known as “in rem.”

“The South Carolina probate court had jurisdiction over your mother’s estate because she had her primary residence there. It could probate her assets, such as bank accounts, jewelry, and even her South Carolina home to you because it had the jurisdiction to do so.

“However, only the court in the state where real estate is located has power over that property. This means that the South Carolina court could not do anything with the Florida lots because it lacked “in rem” jurisdiction.

You will need to open a secondary probate, called “ancillary probate,” in the county where the lots are located.

“This probate will deal only with the Florida lots and will be much easier and less expensive than the full probate administration you already had to do.

To ensure that you do not create the same issue for your heirs, you should look into estate planning methods such as titling the property in a life estate or by forming a living trust to avoid the need to probate any out-of-state properties.

Sanibel & Captiva Islands Multiple Listing Service sancap GO MLS logoActivity Jan 4-11, 2019

Sanibel

CONDOS

8 new listings: Tennisplace #D33 1/1 $237.5K, Island Beach Club #P1A 2/2 $649K, Lighthouse Point #111 2/2 $649K, Lighthouse Point #128 3/2 $699K (our listing) (photo below from master bedroom), Sand Pointe #132 2/2 $724.9K, Bayview Village #2A 3/3 $749K, Heron at The Sanctuary II #2B 3/3.5 $797K, Sundial #E205 2/2 $1.395M.

Master View.jpg

6 price changes: Tennisplace #C23 2/1.5 now $319K, Sundial #H209 1/1 now $535K, Snug Harbor #312 3/2 now $668K, Pointe Santo D32 2/2 now $739K, Island Beach Club #310A 2/2 now $749K, Island Beach Club #210B 2/2 now $775K.

2 new sales: Loggerhead Cay #143 2/2 listed at $799K, Shorewood #3C 3/2 listed at $1.449M.

1 closed sale: Sand Pointe #117 2/2 $787K.

HOMES

8 new listings: 993 Fish Crow Rd 3/3 $699.9K, 1212 Sand Caste Rd 3/2 $749K, 566 Boulder Dr 3/2/2 $799K, 760 Cardium St 3/2 $895K, 955 S.Yachtsman Dr 3/2 $895K, 1230 Par View Dr 4/2.5 $1.095M, 1243 Sand Castle Rd 4/4 $1.15M, 466 Sea Oats Dr 4/4 $1.395M.

11 price changes: 984 Black Skimmer Way 3/2 now $565K, 5260 Caloosa End Ln 3/2 now $597K, 1973 Wild Lime Dr 4/3 now $699K, 3017 Turtle Gait Ln 3/2 now $699K, 1677 Sabal Sands Rd 3/2 now $795K, 697 Birdie View Pt 3/2 now $799K, 6123 Starling Way 3/2.5 now $999K, 1307 Par View Dr 3/3 now $1.05M, 1126 Harbour Cottage Ct 3/2 now $1.169M, 1248 Par View Dr 4/4.5 now $1.299M, 1133 Golden Olive Ct 3/3.5 now $2.432M.

4 new sales: 998 Fish Crow Rd 3/2 listed at $550K, 5280 Ladyfinger Lake Rd 3/2 listed at $789K, 3136 Twin Lakes Ln 3/2 listed at $899K, 243 Daniel Dr 4/3.5 listed at $1.394M.

3 closed sales: 498 Surf Sound Ct 3/3 $840K, 542 N.Yachtsman Dr 2/2 $920K, 6412 Pine Ave 3/2.5 $1M.

LOTS

No new listings.

4 price changes: 4565 Bowen Bayou Rd now $189.9K, 6411 Pine Ave now $358K, 5251 Punta Caloosa Ct now $550K, 1226 Isabel Dr now $1.495M.

No new or closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #5303 3/3 $649K.

No price changes, new, or closed sales.

HOMES

1 new listing: 14980 Binder Dr 4/4 $2.795M.

4 price changes: 55 Sandpiper Ct 3/2 now $949K, 15133 Captiva Dr 3/3 now $3.125M, 16531 Captiva Dr 8/8 now $3.8M, 16814 Captiva Dr 2/2.5 now $4.9M.

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, enjoy your weekend.

Wishing you wonderful sunny weather, too!

From sunrises to sunsets!

Susan Andrews aka SanibelSusan

sanibel-island-sunset

 

Counting Down to Christmas Island-Style


It’s SanibelSusan reporting that it has been another fun week on sunny, though at times chilly, Sanibel and Captiva Islands. This is the time of the year when it’s always fun to see what folks are wearing. When the temperatures dip down into the 50’s and 60’s at night, locals are happy the next morning to dig out their rarely-used jackets, sweaters, shawls, scarves, and boots, while vacationing visitors in tank tops, shorts, and flip flops also are smiling broadly. It’s easy to pick out the tourists! This afternoon, it’s a breezy 77 degrees!

Luminary 2018 bannerThe many palm trees festooned with twinkling lights add to the holiday happiness too. This year, the City expanded their tunnel of lights along the bike path across the street from SanibelSusan Realty. Adding a bench seat and 2018 Luminary sign has made it a popular photo op spot. It’s really festive and quite striking to stroll through after dark.

Sanibel & Captiva Islands Association of Realtors®

Yesterday, was the local Association of Realtors® monthly membership breakfast – a little earlier than usual thanks to the holidays. Our Association’s Administrative Assistant, Megan Rose, posted some outstanding sunset pix this week. She said I could borrow some to post here. (I hope you enjoy them too. Thanks, Megan.)

Causeway sunset dec 2018 2causeway sunset dec 2018

What’s Happening At CROW

crow-logoThe speaker was Dr. Heather W. Barron, DVM, Medical & Research Director at CROW (The Clinic for the Rehabilitation of Wildlife). CROW is a teaching hospital and visitor education center dedicated to saving wildlife through veterinary care, research, education and conservation medicine. Each year, CROW cares for thousands of wildlife patients including hundreds of species of sick, injured and orphaned wildlife in its veterinary hospital, which is one of the nation’s leading rehabilitation facilities for native and migratory wildlife. They also offer educational fellowships and externship programs for undergraduate students, and internship programs for veterinarian graduates.

As you can probably imagine, this has been an unusually busy year for CROW. We are so lucky to have them here, educating us and visitors, as well as taking care of wildlife and supporting conservation and research. Here is one thing that Dr. Heather mentioned that really stuck in my mind. We all need to do our part, because “there is no Planet “B”.”

Bear in mind that CROW has been around since the late 60’s and Dr. Heather is a no-nonsense mother of three who has worked practicing and teaching wildlife medicine for over 20 years. She is a board-certified avian specialist and a licensed wildlife and sea turtle rehabilitator, and she tells it like it is. Some other tidbits:

Animal population around the world, the U.S. and Florida is changing. “Pythons have been documented as close as Estero.” Research also shows that there probably are somewhere between “35 and 60 coyotes on the island.” They don’t always stay here, but probably swim back and forth from the mainland and Pine Island.

Iguana population also is up here, as is that of the marsh bunnies. Most of us like the cute little bunnies, but Dr. Heather said that probably means that next year the population of hawks and other animals that prey on rabbits will be up.

She also said, “Personally, I wouldn’t eat any local seafood.” Though Sanibel is one of the most pro-environment conservation-conscious communities in the country – being downstream of areas that are not, really hurts us. The long-lasting effects of red tide and blue-green algae are just now being evaluated. We cannot depend on local, state, or federal governments or health departments to advise us of what they don’t know. We all need to be part of the solutions!

Caravan

Following the speaker, in typical December fashion, the Caravan property announcements included plenty of new listings and some price reductions. The details on those (or the action posted in the Sanibel & Captiva Multiple Listing Service this week) follow a couple of news items below. I probably don’t need to share that we all groaned when not a single new sale was announced. We know it’s the holidays, but it’s always positive news when we hear of colleagues’ successes.

Our new listing at 1050 White Ibis Dr (photos below) was one of the 15 properties that was open for viewing after the Caravan meeting. My teammates took inventory while there then. We want to be ready when the right buyer comes along.

SanibelSusan Realty Associates

Thank goodness, we are a flexible team. With seven BIG ARTS Chorus singing gigs since last Friday, it has been a whirlwind week for me. Part of the fun of this business is not knowing what will happen next, regardless of whether it’s from a phone call or a walk-in.

Short Term Rentals

henderson-franklinWith so much in the news lately about Airbnb rentals, it was interesting to learn that at a recent Sanibel City Council meeting three issues were added to the Department of Community Services’ planning goals. Those issues are: transportation, political signage, and short-term vacations rentals.

Then I saw the below article posted online this week by Kaylee Tuck of Henderson Franklin Attorneys. Betcha the same applies to Sanibel’s 28-day rental minimum for residential communities.

“Limited Vacancy: Florida Appeals Court Rules in Favor of the City of Miami’s Airbnb Rental Ban

“Florida’s Third District Court of Appeal handed down a win for local governments on Wednesday when the Court reversed a previous Circuit Court injunction that barred the City of Miami from enforcing a ban on short-term rentals in residential areas of the City.

“Background – In 2017, the City of Miami adopted a resolution that affirmed the City’s zoning regulations “as they pertain to short-term/vacation rentals,” and stated that neighborhoods zoned as T3 were limited to permanent residential use, which precluded rental accommodations per night, week, or anything less than one month.

“Notably, the T3 zone encompassed most of the City’s single-family houses and duplexes. When residents who had been using Airbnb to rent their properties spoke against the resolution, residents were directed to state their name and address for the record, and the City Manager made the comment that the City was “now on notice” of those who spoke against the City’s code and that he would direct his staff to enforce the City code.

“Airbnb took the issue to the Circuit Court, claiming that the 2017 resolution was preempted by a 2011 state law that prevents cities and counties from passing ordinances prohibiting or unduly regulating vacation rentals.

“Airbnb and individual residents also filed for an injunction to stop the City from enforcing the resolution against the residents who spoke out against it at the City Commission meeting.

“After hearing arguments, the Circuit Court issued a temporary injunction against the City which stopped the City from enforcing its vacation rental ban, as well as prevented the City from requiring residents to give their name and address if they wished to speak during the public comment portion of a City Commission meetings, stating that the requirement had a chilling effect on freedom of speech.

Holding – Fast forward to December 5, 2018, and the Third District Court of Appeal reversed the Circuit Court’s orders.

“In reversing the Circuit Court, the 3rd DCA stated that the injunction halting the City’s vacation rental ban was overbroad and not preempted by state law because, although Miami’s land use code was updated in 2016 and the resolution passed in 2017, the material provisions of the code were adopted in 2009 and, therefore, were not preempted by the 2011 state statute. Simply stated, this decision means the City of Miami may now enforce its zoning regulations on short term vacation rentals.

“The 3rd DCA also reversed the injunction that stopped the City from requiring speakers at public hearings to give their names and addresses. The 3rd DCA stated that preventing the City from requiring speakers to give their name and address at any public hearing was overbroad, and that the City has a legitimate interest in knowing the speaker’s name and address for various purposes, such as whether the speaker is actually a resident of the City.

Take-Away – Airbnb and short-term vacation rentals have been long contested by hotels, neighbors, city officials, and many others. This ruling may be the first in a long line of litigation stemming from municipal and county enforcement against such short-term rentals. Therefore, residents and homeowners are encouraged to know the laws of their jurisdiction before renting out their home through Airbnb in order to avoid fines, citations, or any other remedy a city or county has authority to pursue under local law. If you have any questions regarding short term vacation rentals, please feel free to contact me at kaylee.tuck@henlaw.com or by phone at 239-344-1164.”                 

Sanibel & Captiva Islands Multiple Listing Service Activity Dec 7-14, 2018sancap GO MLS logo

Sanibel

CONDOS

5 new listings: Loggerhead Cay #351 2/2 $649K, Loggerhead Cay #282 2/2 $695K, Loggerhead Cay #223 2/2 $699K, Heron at The Sanctuary III #1B 3/2.5 $775K, Shorewood #3C 3/2 $1.449M.

2 price changes: Tennisplace #C32 2/1.5 now $310K, Tennisplace #C23 2/1.5 now $329K.

2 new sales: Sundial #J401 1/1 listed at $589,985, Shell Island Beach Club #5D 2/2 listed at $799K.

No closed sales.

HOMES

11 new listings: 651 Donax St 4/2 duplex $539K; 9431 Moonlight Dr 3/2 $597K; 9444 Cotten Ct 3/2.5 $725K; 3350 Barra Cir 3/2 $729,927; 9307 Dimmick Dr 3/2 $749K; 743 Windlass Way 3/2 $765K; 1223 Par View Dr 3/2 $839K; 1050 White Ibis Dr 4/3.5 $899K (our listing); 446 Surf Sound Ct 3/2 $1.059M; 1230 Ferry Rd 3/4 $1.095M; 927 Strangler Fig Ln 3/3.5 $1.215M.

4 price changes: 325 East Gulf Dr 1/1 now $548K, 1325 Par View Dr 3/3 now $665K, 2479 Blind Pass Ct 3/2 now $874.9K, 478 Sea Oats Dr 3/3 now $1.05M.

2 new sales: 4436 Waters Edge Ln 3/3 listed at $729K, 1838 Buckthorn Ln 3/2 listed at $1.295M.

4 closed sales: 746 Nerita St 3/2 $717K, 718 Oliva St 3/2 $725K, 544 Sea Oats Dr 4/4 $1.15M, 794 Conch Ct 3/2.5 $1.255M.

LOTS

1 new listing: 9056 Mockingbird Ln $399K.

1 price change: 1817 Long Point Ln now $323K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Beach Homes #11 4/3 $2.995M.

No price changes or new sales.

1 closed sale: Beach Cottages #1408 2/2 $1.16M.

HOMES

1 new listing: 1114 Schefflera 4/3.5 $2.65M.

1 price change: 16447 Captiva Dr 7/6/2 now $3.395M.

No new sales.

1 closed sale: 11525 Chapin Ln 4/4 $1.4M.

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 holiday festivities wherever you are.

How about this shell tree?

shell tree 2018

Or my favorite mailboxes which are always decorated for the holidays, across the street from each other – the dolphin & the manatee!

dolphin 2018Manatee 2018

Gotta love Sanibel at Christmas! Susan Andrews, aka SanibelSusan

“Goodbye, November” on Sanibel Isle


It’s SanibelSusan reporting that “it’s official – Sanibel/Captiva weather finally flipped for a couple of days this week from summer-like to chilly.” Yesterday was our local Association of Realtors Monthly Membership meeting (followed by Caravan) at The Sanctuary Golf Community Clubhouse. Those meetings begin at 8 a.m. when it was down into the mid-50’s when I left my home (dressed in my winter flip flops and only jacket). It sure felt good.i-wear-flip-flops-in-winter

Temperatures only made it up to 68 degrees later in the day before dipping down again last night, though not as low. The forecast for the next few days has temperatures back up into the high 70’s, with nights in the low 70’s. The next cool front is expected to arrive next Wednesday. We have our fingers crossed that it will be cool that weekend as island holiday events kick-off.\

Below are some real estate news and more info about those events, followed by the action with our listings and the Sanibel-Captiva Islands Multiple Listing Service since last Friday. Just two Sanibel homes and one Captiva condo were sold during this time.

First, here’s the inquisitive white heron that was just checking out the recently-installed Christmas lights next to where I park my car at the office.

IMG_7157

IMG_7154IMG_7156IMG_7158

Upcoming Island Events

  • 34th Annual Sanibel Luminary, Friday, Dec 7, begins with “A Sanibel 70’s Christmas” at the Historical Village from 3:30 to 5:30 p.m. (I’ll be singing carols with the Sanibel Community Chorus at 4 p.m. as we stroll through the Village.) Then from 5:30 to 9 p.m. from one end of Periwinkle Way to the other, churches, shopping centers, and businesses will be open for holiday shopping, music, and good cheer. (At the Olde Sanibel Shoppes, Sanibel’s Island Brass will perform holiday favorites, while the Sanibel Community Church will feature their annual dramatic “Walk Through Bethlehem”. From the unveiling of the renovated Chamber of Commerce building to the Sea School, and Jerry’s, Bailey’s, Periwinkle Place and more, there always are so many things happening at once on Luminary night that it’s impossible to visit them all – not to mention the spectacular twinkling lights and holiday décor.
  • 34th Annual Captiva Luminary, Saturday, Dec 8, similar to Sanibel’s event. The business and shopping areas of Captiva will be lined with lights and open for holiday fun, refreshments, and shopping.
  • 6th Annual Captiva Holiday Stroll, at South Seas Island Resort, on both Friday and Saturday evenings from Dec 7 through 22 from 6 to 9 p.m. where there will be holiday treats; skating; live music; arts and crafts; entertainment including face painting, stilt walking, juggling and balloon artists; holiday movies; photos with Santa; and food and beverages. Tickets are $10 (for non-resort guests), children under 12 are free. Proceeds to benefit Captains for Clean Water.
  • Captiva Christmas Carol Sing, at Chapel-By-The-Sea, Sunday, Dec 9 at 6 p.m. Seating both inside and on the sand under the holiday lights.
  • 2018 Holiday Chorus PosterBIG ARTS Holiday Concerts, Band concert is Saturday, Dec 8. Chorus concert is Wednesday, Dec 12. Both are at Schein Performance Hall beginning at 7 p.m. Tickets are $10 (children free) at www.bigarts.org.

 

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoHere are some highlights from the speakers at our membership meeting yesterday:

kemp turtleKelly Sloan, Sanibel-Captiva Conservation Foundation (SCCF) Sea Turtle Coordinator/Biologist reported on how water quality this year has affected the turtle population. As of Nov 9, Southwest Florida from Collier to Pinellas Counties have documented 1,205 turtle strandings, most of these animals (1,051) were found dead. The previous average was 477, making the current number 2.5 times greater than the norm. Lee County had 293 strandings, the county previous 5-year average was 94. This year was the largest number of stranded turtles attributed to a single red tide event.

Sanibel Vice Mayor Mick Denham provided an update on what The City of Sanibel is doing regarding improving water quality. Guided by the City’s Comprehensive Nutrient Management Plan, Sanibel has:Sanibelcityseal logo

  • Environmentally Sensitive Lands Conservation Program
  • Established a fertilizer ordinance
  • Golf Course Report Card Program
  • Native plant protection and sod limitations
  • Converted most of the island from septic to central sewer
  • Reduction of impervious surfaces for single-family homes
  • Implemented of NPDES (National Pollutant Discharge Elimination Systems) to reduce stormwater runoff
  • Beach and dune protection
  • Mangrove protection through state regulation
  • Constructing a water quality treatment park
  • Upgrading the Donax Wastewater Reclamation Facility

Sanibel’s fertilizer ordinance was the first in the state. It requires that fertilizer nitrogen content must be 20% or less and at least 50% must be a slow release form. Phosphorus content must be 2% or less and no fertilizer can be used within 25’ of a body of water. Additionally, the fertilizer blackout period is during the rainy season (July through September).

The City recently sent letters to all 460-some mayors of every city in Florida asking them to similarly do their part to help improve water quality. Sanibel efforts to-date cost $120M. A new $20M project is in the works that will remove nitrogen out of reclaimed water.

Together we can all make a difference. Please pass the word that water quality affects real estate values. As water gets cleaner, property prices rise. We all need to do our part and stay involved.

The Makings of a Buyer’s Market

REALTOR-Magazine_Logo_From “REALTOR®” magazine, November-December 2018 issue:

“Buyers are pulling back. Home prices have been rising too much relative to income for many would be buyers to keep pace. Since 2011, the U.S. median home prices have risen 55% while wages are up only 18%. Now, the Federal Reserve has become more aggressive against inflation; with several short-term interest rate increases over the past year and more likely on the horizon, mortgage rates are trending up. A monthly mortgage payment on a typical home today is $1,136 up from $639 in 2011. And confidence is down. Only 38% of consumers today strongly believe it’s a good time to buy, down from 43% last year, and the numbers are lower for renters who don’t have equity to tap for a down payment.

“It’s not all bad news, though. The reason for the Fed’s rate hikes is that the economy is roaring. Jobs openings are at a record high, and the number of people applying for unemployment checks is at historic lows. As long as the economy stays strong, home sales could head up – even as rates continue to rise.

“Mortgage rate increases don’t automatically push home sales down. In 1984, 1994, and 1999, interest rates rose about 2-percentage points in each year while home sales either stayed flat or continued up. An exception was 2008, when higher rates caused a large number of subprime loans to go sour and home sales dropped. Fortunately, subprime mortgages are gone and nearly all are locked in safely at fixed rates.

“With buyers stepping back a bit, inventory is no longer falling. New home construction is increasing and more homeowners are considering listing. A recent survey NAR conducted shows 50% of consumers strongly indicate it is a good time to sell, compared to only 28% just two years ago. Most home sellers will also be buyers. With inventory expected to grow, prices will stop rising so fast. That’s a healthy adjustment. Buyers can soon resume their search for the American dream.”

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 23-30, 2018

sancap GO MLS logoSanibel

CONDOS

6 new listings: Sundial #J101 1/1 $499K, Loggerhead Cay #133 2/2 $949K, Sanibel Arms West #F8 2/2 $969K, Sanibel Moorings #522 3/2 $1.295M, By-The-Sea #C102 3/2 $1.624.9M, Somerset #B202 3/2.5 $2.1M.

3 price changes:  Pointe Santo #B2 2/2 now $729K, Signal Inn #19 3/2 now $1.095M, White Pelican #133 3/3 now $1.85M.

No new sales.

1 closed sale: Blind Pass #G201 2/2 $468K.

HOMES

6 new listings: 221 Robinwood Cir 3/2 $679K, 5260 Caloosa End Ln 3/2 $697K, 9052 Mockingbird Ln 3/2 $749K, 4339 Gulf Pines Dr 3/2 $795K, 698 Birdie View Pt 3/2 $839K, 335 Cowry Ct 3/3.5 $1.199M.

11 price changes: 9248 Kincaid Ct 2/1 now $399K, 531 Piedmont Rd 3/2 now $439.5K, 1325 Par View Dr 3/3 now $667.5K, 1740 Middle Gulf Dr 3/3 now $850K, 1225 Seagrape Ln 3/3 now $875K, 2479 Blind Pass Ct 3/2 now $950K, 920 Snowberry Ln 3/3.5 now $1.175M, 2640 Coconut Dr 2/2 now $1.375M, 2414 Wulfert Rd 4/4.5 now $1.597M, 1743 Venus Dr 4/3.5 now $1.749M, 5615 Baltusrol Ct 4/6/3 now $3.399.9M.

2 new sales: 1150 Seagrape Ln 3/2 listed at $1.279M, 4771 Tradewinds Dr 3/3 listed at $1,795,555.

2 closed sales: 1035 S Yachtsman Dr 5/4.5 $850K, 1238 Isabel Dr 5/3/2 $2.2M (our buyer).

LOTS

No new listings.

3 price changes: 1820 Ardsley Way now $166.5K, 978 Main St now $194.9K, 2987 Wulfert Rd now $295K.

No new or closed sales.

Captiva

CONDOS

2 new listings: Tennis Villas #3137 2/2 $445K, Beach Villas #2636 2/2 $759K.

No price changes.

1 new sale: Beach Homes #13 4/4.5 listed at $3.949M.

No closed sales.

HOMES

No new listings.

4 price changes: 55 Sandpiper Ct 3/2 now $969K, 1105 Tallow Tree Ct 3/3 half-duplex now $2.495M, 16801 Captiva Dr 3/3.5 now $2.595M, 15819 Captiva Dr 5/4 now $10.9M.

No new sales.

1 closed sale: 11534 Laika Ln 4/3.5 $1.61M.

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.

thankfull-for-flip-flopsUntil next Friday, when it’s December!

Susan Andrews, aka SanibelSusan

Post Thanksgiving 2018 on Sunny Sanibel


It is another Sanibel Friday and The SanibelSusan Team and I hope that you all had a nice holiday yesterday. Here the beaches, bike paths, and roadways are busy with families enjoying the continued almost-summer-like weather, while Christmas decorations already are popping up in some locations as the islands quickly jump from one holiday to the next.

First a couple of pix of the cute mailboxes across the street from each other on Sanibel’s east end. Remember how cute they were for Valentines’ Day? Here they are: the pilgrim dolphin & the Indian manatee. I’ll be watching for their Christmas look next.

 

A report of the action posted since last Friday in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below. Though a day-short workweek, it was a good one for The SanibelSusan Team. We had an unexpected “big” sale on Monday and on Wednesday received a beautiful new listing (just off-island in Gulf Harbour). Good wishes from all of us for a continued weekend of thankfulness.

Christmas Trees For Sale on Sanibel

Christmas palm treeStarting today, the Sanibel-Captiva Lion Club again is selling Christmas trees from in front of the old gas station at Bailey’s Shopping Center, 2477 Periwinkle Way. This annual holiday tradition fundraiser features premium Frasier firms freshly-cut and shipped on refrigerated trucks from Michigan. About 210 trees from 5’ to 10’ high are being delivered and available for purchase seven days a week from 10 a.m. to 5 p.m., through Christmas Eve or until all are sold. Proceeds from the sales go to Lions Club charities. The local Lions Club meets the 1st and 3rd Wednesday of every month at The Community House, where the club was charted in 1967. More info at www.sanibelcaptivalions.com .

Holiday Shopping at The Refuge on Nov 27

Ding Darling holiday shopping 2018The “Ding” Darling Wildlife Society will keep the Refuge Nature Store open two extra hours after the Center closes on November 27, from 5 to 7 p.m. Enjoy free refreshments, holiday cheer, and visit their Giving Tree, which is an easy way to contribute in the name of a loved one for education, land acquisition, and Refuge research projects. Plenty of other great gift items and holiday ornaments are available too with a free gift for purchases of $25 or more.

Noah’s Ark Christmas Open House on Dec. 3

Noah Ark 2018Noah’s Ark, the popular island thrift shop on the grounds of St. Michael & All Angels Episcopal Church (just west of SanibelSusan Realty), is redecorating and holding its first annual Christmas Open House, on Monday December 3, from 9 a.m. to 2 p.m., when the shop will sparkle with Christmas items and good cheer.

Called, NOAH’S NOËL, this new event features complimentary refreshments, photo-ops with Santa Claus, and fun raffle giveaways from the shop’s Christmas stock, plus many items for holiday shoppers. Decorated with twinkling lights from a forest of trees and ornaments from all over the world–many with beach theme, shelves will be lined with toys, Christmas books and gifts, and holiday decorations, while a special kitchen section will feature holiday cookbooks, cookie cutters and more.

For more than 50 years, Noah’s Ark has been run by the women (80+ volunteers) of St. Michaels. Proceeds from their sales, coupled with monies from the parish budget, go to more than 25 local, regional and global charities.

Noah’s Ark accepts donations (clean items in good condition), any time at the shop’s loading dock. Furniture items must be approved by the furniture chair. (Call 239-472- 3356). It is open weekdays and the 1st Saturday of each month, 9:30 a.m. to 12:30 p.m. It will be closed on Saturday, December 1, to prepare for the Open House.

Why A Housing Market Slump If The Economy Is Booming?

The_New_York_Times_logoPosted on FloridaRealtors© on-line on Wednesday, the below article is sourced to the “New York Times” (11/15/18), before the stock market tumble.

“Economists note the relationship between home sales and the incomes of the people who live there – or want to live there – has come undone over the last six years.

“Nationally, personal income per capita has risen 25% since the end of 2011, while the S&P/Case-Shiller national home price index is up 48%. Although demographics are favorable for housing demand as millennials enter the prime years for home buying, that won’t help if prices are out of reach relative to incomes.

“Moreover, lending standards have remained more rigorous than they were during the last housing boom, so it’s been harder for people to stretch to buy a home.

“Industry observers say sellers appear to be trying to cling to the spring 2018 prices that their neighbors received, while there aren’t enough buyers in late 2018 willing or able to pay those prices.

“Economists say a strong economy makes it more likely that this housing slump will end without a steep 2008-style downturn. But in the meantime, it could be a soft few months or even years of standoffs between buyers and sellers.”

Sales of Existing-Homes Increases for 1st Time in 6 Months

Florida Realtors logoAlso posted on-line at FloridaRealtors© on Wednesday, November 21, 2018:

“Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors® (NAR), and three of the four major U.S. regions tracked saw gains in sales activity last month.

“Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – increased 1.4% from September to a seasonally adjusted rate of 5.22 million in October. Sales are now down 5.1% year-to-year.

“Lawrence Yun, NAR’s chief economist, says increasing housing inventory has brought more buyers to the market. “After six consecutive months of decline, buyers are finally stepping back into the housing market,” Yun says. “Gains in the Northeast, South and West – a reversal from last month’s steep decline or plateau in all regions – helped overall sales activity rise for the first time since March 2018.”

“The median existing-home price for all housing types in October was $255,400, up 3.8% from October 2017 ($246,000). October’s price increase marks the 80th straight month of year-over-year gains.

“Total housing inventory at the end of October decreased from 1.88 million in September to 1.85 million existing homes available for sale, but that represents an increase from 1.80 million a year ago. Unsold inventory is at a 4.3-month supply at the current sales pace, down from 4.4 last month and up from 3.9 months a year ago.

“Properties typically stayed on the market for 33 days in October, an increase from 32 days in September but down from 34 days a year ago.

“Overall, 46% of homes sold in October were on the market for less than a month. “As more inventory enters the market and we head into the winter season, home price growth has begun to slow more meaningfully,” says Yun. “This allows for much more manageable, less frenzied buying conditions.”

“Realtor.com’s Market Hotness Index, measuring time-on-the-market data and listings views per property, revealed that the hottest metro areas in October were Midland, Texas; Fort Wayne, Ind.; Odessa, Texas; Boston-Cambridge-Newton, Mass.; and Columbus, Ohio.

“According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage increased to 4.83% in October from 4.63% in September. The average commitment rate for all of 2017 was 3.99%.

“”Rising interest rates and increasing home prices continue to suppress the rate of first-time homebuyers,” says Yun. “Home sales could further decline before stabilizing. The Federal Reserve should, therefore, re-evaluate its monetary policy of tightening credit, especially in light of softening inflationary pressures, to help ease the financial burden on potential first-time buyers and assure a slump in the market causes no lasting damage to the economy.”

“First-time buyers made up 31% of October sales, down month-to-month and year-to-year. In NAR’s 2018 Profile of Home Buyers and Sellers, the annual share of first-time buyers was 33%.

“”Despite this much-welcomed month-over-month gain, sales are still down from a year ago; a large reason for this is affordability challenges from higher interest rates,” says NAR President John Smaby. “Prospective buyers looking for their dream home in this market should contact a Realtor as a first step in the buying process to help them navigate this more challenging environment.”

“All-cash sales accounted for 23% of October’s transactions, up from September (21%) and a year ago (20%). Individual investors, who account for many cash sales, purchased 15% of homes in October, up from September and a year ago (both 13%).

“Distressed sales – foreclosures and short sales – represented 3% of sales in October – the lowest percentage since NAR began tracking in October 2008. That rate is unchanged from last month and down from 4% year-to-year. Two percent of October sales were foreclosures and 1% were short sales.

“Single-family and condo/co-op sales

“Single-family home sales sit at a seasonally adjusted annual rate of 4.62 million in October, up from 4.58 million in September. They’re 5.3% below the 4.88 million sales pace from a year ago. The median existing single-family home price was $257,900 in October, up 4.3% from October 2017.

“Existing condominium and co-op sales were recorded at a seasonally adjusted annual rate of 600,000 units in October, up 5.3% from last month but down 3.2% from a year ago. The median existing condo price was $236,200 in October, which is down 0.2% from a year ago.

“Regional breakdown

“October existing-home sales in the Northeast increased 1.5% to an annual rate of 690,000, 6.8% below a year ago. The median price in the Northeast was $280,900, which is up 3.0% from October 2017.

“In the Midwest, existing-home sales declined 0.8% from last month to an annual rate of 1.27 million in October, down 3.1% overall from a year ago. The median price in the Midwest was $197,000, up 2.4% from last year.

“Existing-home sales in the South rose 1.9% to an annual rate of 2.15 million in October, down 2.3% from last year. The median price in the South was $221,600, up 3.8% from a year ago.

“Existing-home sales in the West grew 2.8% to an annual rate of 1.11 million in October, 11.2% below a year ago. The median price in the West was $382,900, up 1.9% from October 2017.”

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 16-23, 2018sancap GO MLS logo

Sanibel

CONDOS

6 new listings: Sundial #H309 1/1 $455K, Sanctuary Golf Villages I #3-1 2/2.5 $675K, Pointe Santo #D21 2/2 $695K, Sundial #A306 1/1 $724.5K, Kings Crown #213 2/2 $829K, Sundial #A201 2/2 $949K.

No price changes.

1 new sale: Blind Pass #C201 2/2 listed at $440K.

1 closed sale: Sunset South #6B 2/2 $569K.

HOMES

5 new listings: 984 Black Skimmer Way 3/2 $575K, 4290 Gulf Pines Dr 3/2 $595K, 9248 Dimmick Dr 3/3 $640K, 198 Southwinds Dr 3/2 $750K, 2502 Wulfert Rd 4/4.5 $1.849M.

7 price changes: 5306 Umbrella Pool Rd 4/3 now $749K, 1225 Seagrape Ln 3/3 now $875K, 501 Lagoon Dr 3/2 now $969K, 4787 Rue Helene 4/3 now $979.5K, 6123 Starling Way 3/2.5 now $1.129M, 2857 Wulfert Rd 4/5 now $1.348M, 1206 Bay Dr 4/4.5 now $3.524M.

1238 isabel2 new sales: 746 Nerita St 3/2 listed at $749K, 1238 Isabel Dr 5/3.5.5 listed at $2.59M (our sale).

No closed sales.

LOTS

Nothing to report.

Captiva

CONDOS

No new listings.

2 price changes: Lands End Village #1662 3/3 now $1.99M, Sunset Captiva #302 4/3 now $2.248M.

No new or closed sales.

HOMES

1 new listing: 11547 Laika Ln 4/4 $2.495M.

No price changes, 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.

This sunset pix was taken this week by teammate Dave’s cell phone. Southwest Florida sure gets some beautiful evening skies when there are clouds!

DFA sunset Nov 2018

Until next Friday, Susan Andrews, aka SanibelSusan

It You Are Looking For Sunshine Come Here!


Beach Chairs

Photo in front of Sanibel Arms West by Jim Anderson, JMA Photography

Woohoo! It’s another beautiful Friday on sunny Sanibel. You must get sick hearing that. The weather gurus keep promising cool fronts. Maybe next week, as they now are suggesting that temps may go down into the 50’s Tues night with our first day with a high in just the low 70’s on Wed. Temperatures are expected to slowly creep back to 80 by next weekend though. We will have to wait and see what next Friday brings.

Thanksgiving 2017It sure would be nice to be able to wear long sleeves for the Thanksgiving celebration which is Sunday evening, Nov 18 at The Community House. It’s always a fun spirited community event. BIG ARTS Sanibel Community Chorus will be joining the Seahorse Choral from the Sanibel School and you can be sure that a few pilgrims and Indians will be there too.

I have been out showing property this afternoon. No new sales yet but you can be sure I am working on it. The action posted in the Sanibel & Captiva Multiple Listing Service since last Friday are after a couple of news items below.

Election Madness

floridaMany colleagues – me too – thought that with the mid-term elections over, sales would improve. Now it seems that Florida’s outcome maybe be closer than first reported.

The good news is that the amendments supported by Florida Realtors® did pass. The candidates supported by them also are the ones that do look to be the ones elected. Let’s hope that the final results are verified quickly.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday, at Realtor® Caravan, there were a lot of surprised faces when not a single new sale was announced. There were plenty of new listings and price reductions reported though, so it will be interesting to see how the next few weeks shake out. Sales are in-the-works, so hopefully more will be reported soon.

Inventory is increasing as it usually does this time of the year. Below is a summary of the number of properties for sale, compared to those under contract, and year-to-date sales this year and total sales in 2017 and 2016.

 

Condos Homes Lots
Sanibel # Avg Price $ # Avg Price $ # Avt Price $
For sale 74 746,125 168 1,366,382 58 617,976
Sale pending 9 693,500 13 771,923 2 189,728
Sold & closed:
2018 thru 11/9 143 722,415 197 1,136,655 19 646,526
2017 140 728,793 186 1,004,237 32 327,229
2016 143 717,768 181 979,576 25 487,095

 

Condos Homes Lots
Captiva # Avg Price $ # Avg Price $ # Avt Price $
For sale 33 1,387,997 36 3,442,556 3 4,264,667
Sale pending 1 1,160,000 3 1,847,667 0 N/A
Sold & closed:
2018 thru 11/9 26 783,591 22 2,237,446 0 N/A
2017 34 671,551 22 2,457,023 2 2,312,500
2016 22 873,636 271 3,195,000 2 3,150,000

 

37th Annual Taste of The Islands

taste of the islands 2018CROW’s annual benefit is this weekend on Sunday, Nov 11 at Sanibel Community Park (across the street from SanibelSusan Realty) from 12:30 to 5 p.m. You-know-who will be in the office with the door open, enjoying the music and hoping for some walk-ins. This year 13 eateries are participating including: Blue Giraffe, Doc Ford’s Rum Bar & Grille, Il Cielo, Matzaluna, Sanddollar Restaurant (new at Sanibel Island Beach Resort (formerly the Holiday Inn)), Sanibel Deli & Coffee Factory, Sanibel Fish House, Shima Japanese Steakhouse & Sushi Bar, Thistle Lodge, The Bubble Room, The Clam Shack, The Jac Sanibel Island Bar & Grille, & The Timbers Restaurant and Fish Market. www.crowclinic.org/articles/37th-taste-of-the-islands

Veterans Day Celebration & Sanibel Farmers Market

VeteransSunday also is the annual Veterans Day Celebration at City Hall. With the public invited and hosted by the Lee Coast Chapter of the Military Officers Association of American and the City of Sanibel, it will take place around the flag pole at City Hall (from 10:30 a.m. until noon). The program will feature patriotic music (the BIG ARTS Concert Band), local boy scouts and cub scouts presenting the colors, and guest speakers and veterans sharing their history.

Because of this event, Sanibel Farmer Market also on the grounds of City Hall is delayed until Monday, rather than Sunday, (8 a.m. to 1 p.m.). That change is for this week only.

Island Neighbors Hold Annual Turkey Drop

TurkeyThis is the 3rd year of the Sanibel East-End Turkey Drop & Roll, where donations are collected to benefit the Harry Chapin Food Bank of Southwest Florida. At the home of the Petersons at 444 Lagoon Drive on this coming Wed Nov 14 from 10 a.m. to 1 p.m. donations of frozen turkeys and non-perishable food items are collected. Last year, they brought more than 450 pounds of turkeys to the food bank plus other items that would complete a Thanksgiving dinner (cranberry sauce, gravy, instant mashed potatoes, stuffing mix, and canned vegetables. Call the Petersons with questions at 239-395-2476.

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 2 – 9, 2018

sancap GO MLS logoSanibel

CONDOS

3 new listings: Pointe Santo #C4 1/1 $585K, Pointe Santo #A1 2/2 $950K, Tamarind #B202 2/2.5 $1.749M.

1 price change: Sundial #G206 1/1 now $469.9K.

No new sales.

3 closed sales: Cottage Colony West #132 1/1 $610K, Sundial #T402 2/2 $800K, Atrium #201 3/3 $1,209,711.

HOMES

7 new listings: 1442 Sandpiper Cir 2/2 half-duplex $415K, 573 Lake Murex Cir 3/2 695K, 1236 Par View Dr 3/2.5 $889K, 1127 Buttonwood Ln 3/2.5 $925K, 1278 Sand Castle Rd 4/3 $949K, 734 Pyrula Ave 3/2.5 $1.295M, 1283 Isabel Dr 3/2.5 $1.395M.

10 price changes: 1304 Sand Castle Rd 3/2 now $565K, 1973 Wild Lime Dr 4/3 now $729.9K, 434 Lake Murex Cir 4/3 now $899K, 1740 Middle Gulf Dr 3/3 now $920K, 938 Pecten Ct 3/2.5 now $1.049M, 641 Lake Murex Cir 4/3 now $1.09M, 824 Birdie View Pt 3/3 now $1.1M, 430 Glory Cir 4/4.5 now $1.395M, 1561 San Carlos Bay Dr 3/4 now $2.395M, 1133 Golden Olive Ct 3/3.5 now $2.436M.

3 new sales: 406 Lighthouse Way 3/3.5 listed at $649K, 617 Lake Murex Cir 3/2 listed at $797K, 1238 Isabel Dr 5/3.5.5 listed at $2.59M.

2 closed sales: 1717 Atlanta Plaza Dr 2/2 $395K, 1643 Sand Castle Rd 3/2.5 $490K.

LOTS

2 new listings: 2297 Wulfert Rd $229K, 2933 Wulfert Rd $379K.

1 price change: 2372 Wulfert Rd now $159.9K.

No new or closed sales.

Captiva

CONDOS

No new listings.

1 price change: Beach Villas #2625 2/2 now $635K.

No new or closed sales.

HOMES

1 new listing: 31 Urchin Ct 3/3 $995K.

2 price changes: 11530 Laika Ln 4/4 now $2.18M, 15819 Captiva Dr 5/4 now $9.6M.

No new sales.

1 closed sale: 44 Oster Ct 2/2 $1.025M.

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

Beach Access

Island October = Great Shelling, Snowbirds Returning, Calendars Filling Up


shells a bunch

It has been another interesting week on Sanibel Island.

West Wind MichaelExtra high tides and winds from Hurricane Michael passing west of the islands on Tuesday made for some big waves and minor flooding in a few locations.

(Pictures taken Tues afternoon. First a beach path at West Wind Inn.

2nd is Dixie Beach Blvd looking from Royal Poinciana to the bay.)Dixie Beach

Like with most summer showers, the water disbursed quickly and now beachgoers are enjoying good shelling.

Boating, however, is discouraged until this weekend when the winds are expected to die down.

Concerning red tide, the daily status reports posted by the Florida Fish and Wildlife Conservation Commission show that samples on the west coast of Florida are pretty much free of red tide. No evidence at all now on Sanibel and Captiva. That is a huge relief! We sure hope it stays that way.

An area around St Petersburg/Tampa still shows medium to high readings. On Florida’s East Coast, there are low red tide readings reported from Miami north through Boca Raton, the Palm Beaches, and Port St. Lucie. Today, there also were a few low readings just off the coast of Key West. Here’s the link, if you want to see for yourself: http://myfwc.com/research/redtide/statewide/

Florida Realtors® Disaster Relief Fund

Florida Realtors logoAs the team and I watched the news unfold of the damage from Hurricane Michael, Florida Realtors® sent reminders out about the Florida Realtors® Disaster Relief Fund which is available to Realtors®, including their real estate employees, Realtor® Boards and Associations and their staff in the event of devastation caused by a hurricane, tornado, or other natural disaster. Florida Realtors® Disaster Relief Fund, just a few weeks ago, after Hurricane Florence made a $25K donation to the National Realtors® Relief Foundation which similarly helps colleagues throughout the U.S. Our hearts are with disaster victims as they recover.

2018 Water Resources Development Act

Capitol Bldg DCGood news on Wednesday when the U.S. Senate unanimously passed bipartisan, comprehensive water resources infrastructure legislation-in the federal water bill-that authorizes the EAA Reservoir! The President signed it yesterday.

This 2018 Water Resources Development Act (WRDA) Bill moves forward a critical and fundamental Everglades restoration and estuaries enhancement project that will enable excess water to be directed south out of Lake Okeechobee instead of west and east to the Caloosahatchee and St Lucie rivers and estuaries.  The project is designed to move water from Lake Okeechobee through 6,500 acres of filter marshes to clean the water and store it in a 10,500-acre reservoir. The reservoir is estimated to cost about $1.3 billion, which will be split evenly between the federal government and the state.

US army corps logoThe bill also directs the U.S. Army Corps of Engineers to implement a five-year harmful algal bloom technology development program to identify and develop improved strategies for prevention and management techniques, early detection and procedures to reduce harmful algal blooms.

This is a great step forward, but we all must stay attuned to the new Florida administration and getting the project started. You can be sure that your local Realtors® and the Sanibel-Captiva Conservation Foundation will stay “on it”.

Member of Realtor® Family Makes Movie Premier

Buttons the movieLike many Florida Realtors® colleagues, I have watched the progress of our state President, Christine Hanson’s granddaughter Noelle Parker as she has evolved over the last few years from a photogenic toddler to becoming a child actress. Like her grandmother, Nicolle’s Mom is a Realtor® too. Noelle was an adorable speaker at Christine’s installation in January.

This week, Noelle’s Realtor® family announced that she is making her movie debut in the release of “Buttons” which is a new Tim Janis musical fairy tale film on a journey to discover that sometimes believing can be the greatest adventure of all. During a time of robber barons, mills, and rising industry, two orphaned children meet two unexpected visitors (Dick Van Dyke and Angela Lansbury) who turn the tide of events and change their lives forever. Narrated by Robert Redford and Kate Winslet, the film also features some other big names including Jane Seymour and Roma Downey, plus a new song by “Nova” written by Sir Paul McCartney. Advance tickets go on sale today, with the movie premiering in theaters on December 8. Noelle is the little blonde girl dressed in white under the pix of Dick Van Dyke in their trailer photo (https://www.buttonsthemovie.com )

Plus a Young Local Talent on Broadway – Liam Hutt

Liam ElfMany islanders patronize La-Te-Da Salon and Spa on Cypress Lake Dr in Fort Myers. Both Elise and I get our hair cut there. The owners’ son, Liam Hutt, who we have followed since he was born, also is an amazing young talent, often seen singing, dancing, and acting in local and state theatrical productions. Yesterday, they announced that he will be joining the Broadway cast of “Elf” on their national traveling tour, from Nov 7 to Dec 30. Performing from state-to-state from one side of the country to the other, their performance schedule is staggering. Maybe he’ll be in your area. – https://elfthemusicaltour.com

Island Events

big arts logoThe roadways are getting busier and island activities are beginning. Rehearsals start next week for the BIG ARTS Community Chorus. There are just nine rehearsals this session (from 6:30 to 8:30 p.m. Tues nights in Phillips Gallery). All ages and singing abilities welcome. Performances this session include the island Thanksgiving Celebration on Sun, Nov 18; caroling for Luminary on Fri, Dec 7; and our holiday concert on Wed Dec 12 in Schein Performance Hall.

International Coastal Cleanup – tomorrow Sat Oct 13 from 9 a.m. to noon. After being postponed for a month due to red tide, the islands’ cleanup is coordinated by Keep Lee County Beautiful and hosted by the Bailey-Matthews National Shell Museum. Check-in will be set up on Island B, closest to Sanibel. Participants should register at www.klcb.org/coastal-cleanup.html.

30th Annual “Ding” Darling Days –today through Sun Oct 14. Today is Free “Let’s Get Outside Day”, Sat is FREE “Conservation Art Day”, & Sun is FREE “Family Fun Day”. More info at www.DingDarlingDays.com

4th Annual Pigs In Paradise Roast– Sat Oct 20, hosted & to benefit Children’s Education Center of the Islands (CECI) at the preschool (350 Casa Ybel Rd) from 4 to 7 p.m. The school opened in 1974 & is a nonprofit parent co-op that serves families who live or work on Sanibel and Captiva. It is open to children ages 12 months to 5 years.

33rd Annual BaileyFest – Sun Oct 21 in Bailey’s Shopping Center from noon to 4-p.m.

14th Annual Island Paws Howl-o-Ween Bash – Fri Oct 26 from 5 to 7 p.m. at Over Easy Café Patio includes pet costume contest & fundraiser to benefit Captains for Clean Water.

10th Annual 10K Race 4 FISH – Sat Oct 27, begins & ends early at The Community House.

Flip Flop Family Scavenger Hunt – Sat Nov 3 to benefit Sanibel Sea School scholarship program. Starts at 10:30 a.m. at Sanibel Congregational Church

Sanibel Blues & Jazz Festival– Sun Nov 4 in Bailey’s Backyard from 12 to 7 p.m. Tickets at https://www.eventbrite.com/e/sanibel-blues-jazz-festival-tickets-50608163379

37th Annual Taste of The IslandsSun Nov 11 at Sanibel Community Park from 12:30 to 5 p.m. www.crowclinic.org/articles/37th-taste-of-the-islands

The Launch – Sat Nov 17 Coastal Keepers fundraiser at The Community House from 6 to 10 p.m. More info & tickets at www.sancapcoastalkeepers.org/the-launch

Island Real Estate News

It was another quiet week for Sanibel/Captiva real estate business. This is the off-week with Realtor® Caravan and not much activity was posted in the Sanibel & Captiva Islands Multiple Listing Service. The action since last Friday is below.

Sanibel & Captiva Islands Multiple Listing Service Activity Oct 5-12, 2018sancap GO MLS logo

Sanibel

CONDOS

4 new listings: Tennisplace #B22 2/1.5 $299K, Sunset South #6B 2/2 $599K, Sandpiper Beach #203 2/2 $720K, Loggerhead Cay #573 2/2 $729K.

4 price changes: Seashells #43 2/2 now $329K, Blind Pass #E205 2/2.5 now $405K, Pointe Santo #C34 1/1 now $475K, Sunset South #6D 2/2 now $649K (our listing).

Image 3.jpg

Sunset South – from river to gulf with clubhouse & pool overlooking courtyard.

No new sales.

1 closed sale: Pointe Santo #B21 2/2 $675K.

HOMES

6 new listings: 1236 Sand Castle Rd 2/2 $565K, 1332 Sand Castle Rd 3/2 $620K, 4619 Brainard Bayou Rd 3/2 $640K, 1286 Par View Dr 3/3 $969K, 2251 Starfish Ln 4/3.5 $1.549M, 2915 Wulfert Rd 5/6.5 $3.195M.

6 price changes: 1717 Atlanta Plaza Dr 2/2 now $420K, 849 Beach Rd 4/4 now $595K, 3050 West Gulf Dr 3/2.5 now $879K, 1676 Middle Gulf Dr 3/2 now $899K, 5606 Baltusrol Ct 4/6 now $1.995M, 3009 Turtle Gait Ln 4/4.5 now $2.995M.

4 new sales: 4542 Bowen Bayou Rd 3/2 listed at $479K, 1643 Sand Castle Rd 3/2.5 listed at $528.5K, 3837 Coquina Dr 2/2 listed at $665K, 718 Oliva St 3/2 listed at $789K.

2 closed sales: 4239 Gulf Pines Dr 3/2 $667.5K, 2029 Periwinkle Way 4/3 $1.6M.

LOTS

1 new listing: 1817 Longpoint Ln $348.5K.

2 price changes: 4566 Buck Key Rd now $149K, 2486 Wulfert Rd now $159K.

No new sales.

1 closed sale: 1246 Sand Castle Rd $275K.

Captiva

CONDOS

No new listings

1 price change: Bayside Villas #5136 1/2 now $379,999.

No new or closed sales.

HOMES

1 new listing: 16163 Captiva Dr 3/2 $2.695M.

No price changes or new sales.

1 closed sale: 15735 Captiva Dr 4/5 $6M.

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