It has been another quiet real estate week on Sanibel – but things are looking up. Red tide and blue/green algae continue to be the hot topic of conversation and in the news. Summer projects at several local communities and condos are finishing up, snowbirds are starting to return, and many of the restaurants and businesses that were temporarily closed for annual maintenance, vacations and renovations are reopening. Below is yesterday’s scoop.
At the early morning Sanibel & Captiva Islands Association of Realtors® Caravan Meeting, our Communications and Public Relations Committee presented donations to Meg Dalabes, Community and Education Development Coordinator at ACT (Abuse, Counseling, & Treatment, Inc.). More info at www.actabuse.com.
The Association’s “off season” collection drives continue this month with our 2nd “Fall Into Christmas” event on the 25th, to benefit “Friends Who Care”.
The caravan announcements included just a handful of new sales (most off island) and a couple of price reductions (ours at Pointe Santo included). The activity posted in the entire MLS since last Friday is posted after a few news items below. These Caravan meetings will revert to the weekly Thursday morning schedule in November.
After Caravan, the Association’s MLS Task Force met for a presentation by the fourth and final Multiple Listing Service provider candidate. Next, we will be comparing candidate offerings to our member preferences (from a recent survey).
Early afternoon, I stopped to check-out the beach in a couple of spots. At West Wind Inn, the water looked good. I saw evidence of marine life returning; but even so, few people were there.
Then early evening, I saw the below post by the West Wind Inn, confirming my observations. It is some of the best news in weeks. See below:
“Goodbye Red Tide! To ensure the safety and satisfaction of our guests, Sanibel Captiva Beach Resorts has been working closely with Sanibel-Captiva Conservation Foundation (SCCF) and testing the water at our four resort properties for Red Tide for the past couple of months.
“We have seen a steady decline in levels of Red Tide (Karenia) concentration over the last week. Just a couple of weeks ago, we were still seeing an ebb and flow of cell counts in the millions at some locations. In the recent days, the change in winds has helped shift the surface currents to blow offshore. That, combined with the hydrogen sulfide bubbling up and iron being complexed into Iron Sulfide precipitate, has killed the Red Tide cells. We’re excited to report that today we tested with ZERO cell counts of Red Tide at all four of our locations.
“Dr. Rick Bartleson, researcher at SCCF, believes that this was a large-scale event, enough that the Red Tide bloom that has been affecting us since October 2017 may officially be dead in our area, and hopefully will not be returning any time soon.
“While the oxygen level of the water and Red Tide does not affect the safety of the water to swim, the water itself has become more pleasant in color and odor. Some areas of the coast do have dark or brown water, which may be caused by remnants of the Red Tide dying or the dissolving of organic matter and should quickly settle or sediment out and we’ll begin seeing clearer water everywhere.
“It’s a great day for all of us, or as Dr Bartleson says, “unless you’re red tide.”
“As always, we encourage you to keep checking in with us at https://www.clear-purpose.org/ for updates and more information on the water, beaches, weather and other news of value.”
Sanibel Farmers Market Opens for 11th Year
Reopens on Sunday on the grounds of City Hall from 8 a.m. to 1 p.m. This year, it will be there every Sunday until May 26. including Easter but will be closed on Veteran’s Day (but open the following Monday). Thanks to the vision of islander Moms and co-managers of Local Roots, Jean Baer and Betsy Ventura, the market has grown since it began in 2008 to the wonderful fun-for-all outdoor activity that it is today. In addition to local produce, vendors sell breads, honey, seafood, meats, flowers, cheeses, and many other products. It’s a wonderful gathering place too! (A couple of changes this year are 1) no dogs are allowed in the vendor area and 2) a handful of crafters also will be selling their wares. More info at www.BuyLocalLee.com
At Jean and Betsy’s suggestion, as the market closes up each Sunday, vendors pack boxes of their unsold produce and food for donation to the local FISH Food Pantry. The Sanibel Farmers Market also is a drop-off point for canned and packaged food donations – a great reason to bring your shopping bag with a donation and then fill it with fresh goodies to take home.
In January, the Captiva Farmers Market will return for its second season.
Construction of the Jordan Marsh Water Quality Treatment Park
Many folks just returning have asked “what is the excavation work underway on Casa Ybel Road?” They are referring to the large City-owned and preserved land parcel next to the Woodhaven which is just beyond The Bank of the Islands building. Here are some highlights from a late-August MySanibel.com post about it.
“The City’s contractor, Wright Construction Group, will begin construction of the Jordan Marsh Water Quality Treatment Park on September 4, 2018. The water quality treatment park will be located in the vicinity of Periwinkle Way and Casa Ybel Road, on 6 acres of City-owned land known as the Jordan Marsh Preserve and 1.3 acres of land within SCCF’s Andrea Waitt Carlton Family Tract.
“The primary goal of this project is to improve water quality in the Sanibel Slough to help meet Florida water quality standards. Secondary goals of the project are to enhance existing wildlife habitat on the site, provide recreational opportunities, and educate park visitors on the various Best Management Practices (BMPs) used to improve water quality. The project is being funded in part by the South Florida Water Management District Cooperative Funding Program, Lee County Community Park Impact Fees, and City budgeted funds.
“The project is anticipated to be complete by January 2, 2019. A temporary stop sign and stop bar will be placed on the Shared-Use-Path along Casa Ybel Road at the construction entrance. The public is reminded to use caution when traveling through the construction zone and to adhere to all posted signage until construction is complete.
“Please contact the Natural Resources Department at 239-472-3700 if you have any questions regarding this project.”
Happenings at Sanibel’s Historical Village
The below article from the Fort Myer’s Florida Weekly dated Oct 3, 2018.
“The Sanibel Historical Village, after being closed for a few months for renovations, reopens Oct. 16. “We’re planning exciting programs this season, including three of our popular Twilight Talks,” said executive director Emilie Alfino. “Our annual gala fundraiser is scheduled for Feb. 19. We look forward to seeing old friends as well as welcoming return guests.”
“The Twilight Talks, which cost $10 per person, include:
- “Be Our Guest: The History of Lodging on Sanibel and Captiva.” This talk is a partnership between the historical village and the Captiva Island Historical Society. Jan. 30 at the Sanibel Community House.
- “Sanibel History Quiz,” a Jeopardy like game about the history of the island. March 13 at the Sanibel Community House.
- “The History of Periwinkle Park.” April 10 at the Sanibel Community House.
For more information or to purchase tickets, call Ms. Alfino at 472-4648. Twilight Talks tend to sell out quickly, she said. A fourth event is sold out already — a Nov. 7 dinner cruise on the Lady Chadwick to Cayo Costa and Cabbage Key.
“There will be a Luminary celebration Dec. 7, and a Free Admission Day on June 15.
“For the first time this year, we are offering a reciprocal museum membership,” Ms. Alfino said. “We have joined the North American Reciprocal Museum family, and a membership at the $150 level or above offers members free admission to more than 900 participating arts, cultural, and historical institutions along with botanical gardens, children’s museums, science and technology centers, and more.” Many institutions include a discount at their gift shops. See www.narmassociation.org for a list.
“New volunteers are always needed at the village. Training begins Nov. 5 and Nov. 12. Interested people are encouraged to call Ms. Alfino at 472-4648. “There are many different things for volunteers to do, so anyone can find a comfortable spot among our village family, doing what they enjoy most,” Ms. Alfino said.
“The Sanibel Historical Museum and Village hours are Tuesdays through Saturdays from 10 a.m. to 4 p.m. Full guided tours take place at 10:30 a.m. and 1:30 p.m. at no additional charge, depending on docent availability.
The Sanibel Historical Village is located at 950 Dunlop Road, next to BIG ARTS, and there is handicap access to the buildings. Admission is $10 for adults over 18. Members and children are free. For more information, call 472-4648 during museum hours or visit www.sanibelmuseum.org.
Traders Gulf Coast Grill & Gifts
Though they reopened this week, they have new hours for Oct: Open at 3 p.m. for happy hour & lite fare, serving dinner from 5 p.m. Closed Sundays & Mondays.
Their new restaurant T2 at the Village Shops is open for lunch and was busy today at noon. Their spinach salad with blacked shrimp = terrific!
Planning Ahead – Upcoming Island Events
“Ding” Darling Days – Fri Oct 12 to Sun Oct 14. Fri 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.
33rd Annual BaileyFest – Sun Oct 21 in Bailey’s Shopping Center from noon to 4-p.m.
10th Annual 10K Race 4 FISH – Sat Oct 27, begins & ends early at The Community House.
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 Islands – Sun 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
New-to-Florida Homebuyers Should Update Their Estate Plan
FloridaRealtors® on-line posted an article this week sourced to the Fort Myers “News-Press”, Hersch, Craig R. (9/28/18):
“There are good tax reasons to move to Florida: State residents don’t have to pay state income tax, they enjoy property tax caps through the state’s Save Our Homes Amendment, and Florida also doesn’t have a death tax.
However, it’s essential for new Florida residents to update their Revocable Trust documents because of the state’s descent and devise laws surrounding Florida homesteads.
“Under that law, if a homeowner is survived by a spouse, absent any nuptial agreement waiving certain rights, it becomes necessary to devise the home outright in fee simple to the spouse. Otherwise, the will or trust contains what is known as an “invalid devise,” in which event the spouse receives a “life estate” interest in the home, and the children of the deceased receive a present “remainder” interest.
“Also, if the homeowner wants to sell the home, the children must agree and sign any listing agreements, contracts to sell or deeds. Further, the children are entitled to part of the proceeds of the sale of the home.”
NAR (National Association of Realtors®) Urges Deduction for Rental Income
Good info here about what Realtors® are doing behind the scenes as posted last week in the “Washington Report” on line at NAR.Realtor:
“The Tax Cuts and Jobs Act includes a 20% deduction from the net business income of sole proprietors and owners of S corporations, partnerships, and limited liability companies. The new deduction is intended to provide roughly the same tax rate cut the Act provided to regular corporations. However, it is unclear whether owners of rental real estate will be able to claim the deduction.
“NAR has asked the Treasury Department and Internal Revenue Service, in a letter, to treat all real property rental activity as eligible for the 20% deduction. The letter asserts that without this change, the 10 million American owners of rental real estate will be forced to wade through voluminous and confusing tax cases and conflicting IRS positions to determine for themselves whether their rental activity constitutes a “trade or business,” which is a requirement for the deduction. The letter also lists factors that indicate Congress intended the deduction to be available to the great majority of owners of rental property without the burden of excess complexity.
“The IRS will hold a public hearing on the proposed regulations on October 16. NAR has requested that a representative of the association be allowed to testify on this issue.
“NAR sent an earlier comment letter to Treasury and IRS on another issue related to the 20% deduction, on the question of whether real estate brokerage activities qualify for it. In a huge win for REALTORS, the proposed regulations reflected the position suggested by the letter.”
Sanibel & Captiva Islands Multiple Listing Service Activity Sep 28-Oct 5, 2018
3 new listings: Breakers West #A5 2/2 $528.5K, Blind Pass #B209 2/2 $569K, Sundial #T402 2/2 $855K.
2 price changes: Surfside 12 #A1 3/2 now $799K, Pointe Santo #C43 3/2 now $1.125M (our listing).
View from Pointe Santo C43
1 new sale: Sanctuary Golf Villages I #3-4 3/3 listed at $924.5K.
3 closed sales: Spanish Cay #A7 1/1 $245K (our listing), Coquina Beach #5F 2/2 $440K, Breakers West #A4 2/2 $529K.
3 new listings: 1327 Tahiti Dr 2/2 $629K, 1442 Sand Castle Rd 3/2 $749K, 1323 Seaspray Ln 4/4.5 $2.448M.
4 price changes: 1740 Middle Gulf Dr 3/3 now $959K, 2479 Blind Pass Ct 3/2 now $1.09M, 243 Daniel Dr 4/3.5 now $1.494M, 1133 Golden Olive Ct 3/3.5 now $2.438M.
3 new sales: 718 Oliva St 3/2 listed at $789K, 544 Sea Oats Dr 4/4 now $1.25M, 1528 San Carlos Bay Dr 3/3 now $1.85M.
No closed sales.
1 new listing: 247/255 Robinwood Cir $279K.
No price changes or new sales.
1 closed sale: 1912 Ibis Ln $200K.
No new listings or price changes.
1 new sale: Beach Cottages #1407 2/2 listed at $1.195M.
1 closed sale: Bayside Villas #5102 1/2 $345K.
1 new listing: 11549 Wightman Ln 3/4 $3.995M.
1 price change: 15161 Wiles Dr 5/5.5 now $2.75M.
No new sales.
1 closed sale: 48 Oster Ct 2/2.5 $814K.
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.
As our “Island Sun” ad says this week:
You don’t need Christopher Columbus. The SanibelSusan Team can help you find your piece of paradise.
Enjoy your weekend, Susan Andrews, aka SanibelSusan