After a Super Rainy Week, Sun Peeks Out

To say, “the rainy season has begun”, is an understatement. With off-&-on showers, sometimes heavy, both day and night all week, Florida has reported flooding in many areas. Luckily the sandy soil here usually makes standing water disappear quickly, even so, it looked like a moat around my home by Wednesday afternoon with the street remaining flooded this morning.

The rains are expected to return to what we call “summer normal” by tomorrow which typically means an occasional afternoon downpour that passes quickly, cools things down, and may set the stage for a beautiful sunset.

With many reports of flooding off-island, I was determined to see how the island fared, so with my driveway finally down a few inches this afternoon, I did a short drive-around. Probably should not have gone down West Gulf Dr where there is a significant amount of water over the roadway in-&-around East Rocks, but once you start, it is tough to stop.

I saw very few cars out-&-about, but plenty of contractor vehicles and workers. Since I had been stuck at home for a few days, it was great to see more post-Ian restoration. I only covered East End, Periwinkle to Tarpon Bay Rd to end of West Gulf Dr to home by way of the Gulf Drives. Here are some general things noticed:
  • ·        More standing water than I remember after past storms.
  • ·        More hurricane-damaged homes have come down, more yards being cleared, more properties getting new roofs, windows, and landscaping.
  • ·        Progress at the new Shalimar where buildings already are going up.
  • ·        New lighter exterior color scheme at Somerset where the new landscaping also looks great.
  • ·        New exterior painting also underway at Sand Pointe and Sundial East.
  • ·        Workers on roof at several buildings at Pointe Santo and Shell Island Beach Club,
  • ·        New clubhouse about done at Seagull Estates.
  • ·        Sun finally peeking out by the time drove by Gramma Dot’s & The Sanibel Marina.

Gramma Dot’s 06-14-2024 at 3 p.m.

Sanibel Workshop – City Council & Planning Commission

It was with interest that I attended this 4-hour workshop on Tuesday at BIG ARTS. Held at the suggestion of Sanibel City Manager, Dana Souza, the purpose was to discuss ways for City staff to expedite island recovery efforts, both commercial and residential, and bring to the attention of elected officials some of the hurdles brought to light by post-Ian, both from the storm and from new processes and personnel.

The workshop was a cooperative effort between Sanibel City Council members and Planning Commissioners on stage. Agenda and presentations were by City Manage Souza, City Attorney John Agnew, Planning Director Paula McMichael, and Deputy Planning Director Craig Chandler. Public comment was open to anyone in attendance.

Recorded videos of the meeting are on the City of Sanibel Facebook page. Some of the experiences described by home and business owners in trying to get permits were surprising. Many were complimentary, a few highlighted areas where attention or direction is needed. All-in-all, the event resulted in good suggestions for improvement. It was so productive, that another may be held before year-end.

One news tidbit also is that Director McMichaels announced that a new City Planner has been hired and recently began work. A new administrative employee also is coming on board soon, with a second new Planner starting in a few weeks.

It really is unbelievable the volume of work that these City Departments (Planning & Building) have and continue to process from this storm. Thanks to them and our elected officials for always looking for ways to improve!

Sanibel & Captiva Announcements Re: Flooding

Captiva Library – Closed yesterday at 12:30 p.m. due to impacts from the weather.

F.I.S.H. – Today, the food pantry is closed and their furniture distribution event canceled due to the weather.

Public Parking – The City of Sanibel posted midweek that the public parking lots at Blind Pass and Lighthouse Beach were temporarily closed due to flooding. No word yet on them reopening. Still closed this afternoon.

Looking for Things to Do on Rainy Days?

Vacationers and residents often look for activities for children during stormy days. Below are examples of some of the offerings that were/are available at the Sanibel Library this week. View full online calendar with times at www.sanlib.org/calendar.

Dinosaur Fun with children from babies to teens invited to participate in a prehistoric adventure and hear stories about dinosaurs, ride the Dinosaur Roller Coaster through Virtual Reality, create hands-on crafts, and more. (Tues morning)

Toni Bennett Trick Dog Performance with story time. (Tues afternoon)

Crafternoon with bookmark making. Craft supplies available and staff guide the program, ages four and up, including adults. (Wed afternoon)

Family Storytime for ages five and under and their caregiver. Kids will get to sing, read, question, and move around during Storytime with a literacy craft center after (Fri morning)

Family Film Friday with movie in the Teen Area. Snacks provided. (Fri afternoon)

Strength & Stretch session for ages 4-10 with Yoga instructor. The program combines energetic movements, playful stretches, and calming breathwork to feel strong, flexible, and focused. (Sat morning)

Crafterday hosted by professional artist and coloring book creator. Participants will create a shorebird drawing they can take home. (Sat)

SCCF Announcement Re: Sea Turtles

Wed, the Sanibel-Captiva Conservation Foundation posted: “SCCF has documented 371 loggerhead nests and 1 leatherback nest on Sanibel and Captiva since April 24. Heavy rains and flooding this week due to the wet season’s first tropical system don’t necessarily mean trouble for the nests – sea turtle eggs are permeable, so a little extra water shouldn’t be an issue and may have a beneficial cooling effect.

“The biggest threats to incubating eggs from storms include prolonged inundation or beach erosion and accretion, which can wash out nests or change nest conditions. Luckily, sea turtles lay multiple nests per season at different times so that even if one nest washes away, there’s a high likelihood that others produce hatchlings.

“It won’t be long before we see our first hatchlings! Help as protect nesting females and hatchlings by turning off beach-front lights after dark, filling in holes, flattening sandcastles, and removing beach furniture and trash.

“To report a suspected new nest or issues with nests/turtles, beach lighting, or beach furniture, please call the SCCF Sea Turtle Hotline at 978-728-3663.”

Ring the School Bell

Posted this week by the Sanibel Historical Museum and Village: “Children 12 and under are invited to test the remounted school bell at the Sanibel Historical Museum and Village. Now that the City of Sanibel has repaired the historic schoolhouse, the Sanibel Fire Department on Tues, June 18, at 9 a.m. will install the bell that was blown off the roof during Hurricane Ian. Once the bell is installed, one child, chosen at random, will get the chance to be the first to ring the bell. Later, after the official ceremonies, all children of all ages (even if over 65) will be allowed to ring the bell once. This is a classic example of how our community works together. The City repaired the building, Michael Gallloway, a volunteer, restored the bell, and now our Fire Department comes to the final rescue”, said Ty Symroski, President of the SHMV.

The Sanibel Historical Museum and Village is located at 950 Dunlop Road (next to BIG ARTS). It is open now through July 31, Tues to Sat 10 a.m. to 1 p.m. The Village will be closed August and September and re-open for season October 15.”

Tax Roll Values on Sanibel Drop Again Post-Ian

From www.SanibelCaptiva.com on June 11: “Initial property tax valuations for Sanibel have decreased over 2023 for the second consecutive year. The Lee County Property Appraiser’s Office released its preliminary estimated tax roll values last week, which indicate a 1.8% drop for the city of Sanibel, but a 9.65% increase for Captiva as part of unincorporated Lee County. Initial valuations for the fire districts also varied depending on island…

“”The value estimates provide a starting point to taxing authorities for their annual budget and property tax rate process,” Matt Caldwell (Lee County Property Appraiser) said. “The office will continue refining the values and will certify the official values.” The final numbers will come out before July 1, then be sent to Tallahassee for approval.”

Sanibel & Captiva Association of Realtors® Scoop

Because of the weather, most Professional Development Committee members attended the Association’s Wednesday meeting by Zoom. Now that the educational events, speakers and classes are scheduled for most of the year, the Committee won’t meet again until August. In the interim, members will continue to be notified about the forms being prepared by Florida Realtors® covering the new national requirements on buyer brokerage.

Yesterday, there was a Caravan Meeting at the Association office. Again, thanks to rain and lightning, attendance was light with Open Houses postponed until the monthly membership meeting in two weeks.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the residential sales statistics, followed by the Sanibel/Captiva MLS action reported this week.

The SanibelSusan Team is thankful to have a new listing on Anchor Dr and appreciate that JMA Photography quickly filmed it last Sunday before the major rain events. Those photos, including drone shots, were used to prepare a streaming video that is now posted and syndicated to real estate sites worldwide. It is a wonderful home and now like-new thanks to a complete renovation last year. Easy to show and rescheduled for Realtor® Caravan on June 27, noon until 3 p.m.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

92

1,051,386

162

130

2,574,452

131

32

816,903

240

Under contract

7

1,195,414

137

15

1,358,266

103

4

1,922,000

75

Sold 2024 to 6/14

41

831,498

125

104

1,421,271

97

8

1,869,500

174

Sold 2023

98

955,261

65

263

1,267,390

73

24

920,645

76

Sold 2022

123

1,136,199

44

185

1,602,745

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

CAPTIVA

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

33

1,488,363

184

19

7,166,842

222

2

13,750,000

218

Under contract

2

2,087,500

189

1

2,850,000

57

0

N/A

N/A

Sold 2024 to 6/14

9

1,736,111

148

5

4,944,500

146

0

N/A

N/A

Sold 2023

17

834,176

98

17

2,716,647

70

0

N/A

N/A

Sold 2022

28

1,458,983

52

22

5,636,386

133

0

N/A

N/A

Sold 2021

64

1,150,373

145

44

2,988,520

261

2

2,950,000

731

Sanibel & Captiva Islands Multiple Listing Service Activity Jun 7-14

Sanibel

CONDOS

1 new listing: Donax Village #2 2/2 $599K,

3 price changes: Beach Rd Villas #104 2/2 now $560K, Sanibel Arms West #I7 2/2 now $789K, Compass Point #191 3/2 now $1.795M.

1 new sale: Sandalfoot #5A2 2/2 listed at $929K.

No closed sales.

HOMES

4 new listings: 586 Boulder Dr 3/2 $625K 668 Anchor Dr 3/2 $1.545M (SanibelSusan listing), 1690 Sabal Palm Dr 5/3 $2.477M, 6111 Sanibel-Captiva Rd 6/5.5.5.5 $44.88M.

668 Anchor Dr

 
3 price changes: 9225 Belding Dr 3/2 now $650K, 2604 Coconut Dr 3/2 now $1.2M, 938 Pecten Ct 3/2.5 now $1.595M.

5 new sales: 9003 Mockingbird Dr 5/4 listed at $959K, 3343 Saint Kilda Rd 3/2 listed at $1.087M, 3708 Agate Ct 3/3.5 listed at $1.37M, 4573 Bowen Bayou Rd 3/2 listed at $1.384M, 902 Kings Crown Dr 5/4.4 listed at $1.695M.

4 closed sales: 3025 Poinciana Cir 3/2 $750K, 5827 Pine Tree Dr 3/2 $M, 1720 Dixie Beach Blvd 3/3 $1.467M, 1318 Seaspray Ln 5/3.5 $2.15M.

LOTS

No new listings

1 price change: 2486 Wulfert Rd now $349K.

No new or closed sales.

Captiva

CONDOS
1 new listing: Bayside Villas #4222 1/2 $575K.

No price changes, new sales, or closed sales.

HOMES

No new listings.

1 price change: 11521 Paige Ct 4/3.5 now $10M.

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.

Enjoy your weekend with best wishes for a Happy Fathers’ Day!
Susan Andrews, aka SanibelSusan

It’s Another Bright Sun-Shiney Friday on Sanibel & Captiva

Hooray, we finally got a couple of spring showers, after sunsets midweek. Island vegetation is greening up. Inland showers are expected later today and over the weekend as record temperatures are reported all over the state. The rainy season is beginning.

Sanibel-Captiva Conservation Foundation reported on Wednesday (June 5) that maximum recorded temperatures had topped 90 degrees F in the prior ten days at multiple River, Estuary, and Coastal Observing (RECON) sites in the Caloosahatchee Estuary and Gulf of Mexico.

Following those first on-island showers, I have also heard reports of several Gumbo Limbo trees unexpectedly toppling over. This is the time of the year when those trees leaf out, but some are showing signs of rot. Be sure and check yours. When I checked mine, I found a big one with leaves, but also falling over.

2024 Independence Day Celebration

With July 4 right around the corner, the City has posted about two events. The Independence Day Parade will be back this year. This is its 31st year, following the usual route beginning at 9 a.m. after forming on Island Inn Road, then traveling from Tarpon Bay Rd to Periwinkle Way east to Casa Ybel Rd. Both commercial and non-commercial entries will be lined up in order of registration, so participants are encouraged to sign up early. Entry forms and 2024 parade tee-shirts are available at Bank of the Islands.

Then, after the parade, from 11 a.m. until 2 p.m., Sanibel Recreation Center is hosting a free event at the Rec Center with hot dogs, gym games, open pools, stilt walker, bounce house, face painting, and Kona shaved ice truck.

(Note: No City fireworks this year.)

4th of July Road Rally

Presented by the Friends of Randy of Sanibel (FOROS), the 4th of July Road Rally also is back. It will start at noon at The Timbers Restaurant & Fish Market on Sanibel, Registration is open. Marking its 44th year, this year proceeds will benefit F.I.S.H. of Sanibel-Captiva. A donation also will be made to CHR (Community Housing & Resources) families to help with back-to-school supplies.

This event is an in-vehicle visual scavenger hunt for answers to questions. Participants are provided instructions, questions, and driving directions, finding clues along the way. It is not a speed race – it is scored on correct answers, time, and mileage. It takes under two hours, finishing back at Timbers where a party will be held. (FOROS is an all-volunteer island non-profit.)

More Openings & Re-Openings

Blind Pass Condominiums – They reopened and starting taking reservations in March, but just had their official celebration with ribbon cutting last weekend, with special thanks to contractors and returning guests.

CHR (Community Housing & Resources) – Their offices just reopened and also had a ribbon-cutting this week. Their new location is in The Village Shops, 2340 Periwinkle Way, Suite K2.

Sanibel Fire Station #172 – This morning was the ground-breaking ceremony for the new fire station being built at 5171 Sanibel-Captiva Rd. It replaces the one that was removed after damage by Ian.

Tarpon Bay Explorers – June 1st marked the first day of Tarpon Bay Explorers’ new contract as the concessionaire to the J.N. “Ding” Darling National Wildlife Refuge. The contract is for ten years with a five-year renewal option. Tarpon Bay Explorers first earned a Refuge contract in 2002, offering tram tours of Wildlife Drive, plus canoes, kayaks, and electric pontoons. They also added a Sea Life and Nature Cruise and built the Aquarium and Touch Tank Exhibit. After Hurricane Charley in 2004, their old building was demolished and in 2008 a new one was built. Now that this new contract is signed, they are expected to replenish equipment lost from Hurricane Ian and rebuild their operation. By the end of the year, they plan to have pontoons for rent, fishing charters, bike rentals, and a new kayak and paddleboard fleet. The Nature Cruise is expected to follow including the Touch Tank and Aquarium experience, more bike and boat rentals, live bait tank, and more. Tarpon Bay Explorers currently operates on a limited schedule. At 900 Tarpon Bay Rd, including the nature gift store, they are open from 8 a.m. to 5 p.m. Mondays, Wednesdays, Fridays, and Saturdays for kayak and paddleboard rentals, Kayak tours of Commodore Creek and tram tours of Wildlife Dr are on a limited basis. More details and reservations are at http://www.tarponbayexplorers.com.

Sanibel & Captiva Real Estate Scoop

There was no caravan meeting at the local Association of Realtors this week, but instead the annual SCIS (Sanibel & Captiva Islands Specialist) classes continued plus a day with instructions covering the new app offered by our Multiple Listing Service (MLS) provider, Paragon.

Next week, there is a Professional Development Committee Meeting on Wednesday and Caravan on Thursday.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the residential sales statistics, followed by the Sanibel/Captiva MLS action reported this week. It was another slow week with sales, no new ones on Captiva, while a condo, a lot, and three homes went under contract on Sanibel. Also, a surprisingly low sale price on the one Sanibel condo closing.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 93 1,079,243 167 133 2,220,889 127 31 831,996 241
Under contract 6 1,239,816 160 15 1,427,799 110 4 1,922,000 75
Sold 2024 to 6/7 41 831,498 125 99 1,425,267 96 8 1,869,500 174
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 32 1,516,906 183 19 7,271,842 215 2 13,750,000 211
Under contract 2 2,087,500 189 1 2,850,000 57 0 N/A N/A
Sold 2024 to 6/7 9 1,736,111 148 5 4,944,500 146 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity May 31 – Jun 7

Sanibel

CONDOS

3 new listings: Donax Village #10 2/2 $600K, Spanish Cay #E4 2/2 $649K, Ibis at The Sanctuary #A302 2/2 $815K.

No price changes.

1 new sale: Sunset South #9B listed at $599.9K.

1 closed sale: Spanish Cay #C6 2/2 $385K.

HOMES

5 new listings: 567 Rabbit Rd 2/2 $875K, 1846 Farm Tr 3/2 $929K, 9448 Begonia Ct 3/2.5 $1.095M, 2525 Lands End Pl 4/3 $2M, 592 & 629 Lighthouse Way 3/2 $6.836M.

10 price changes: 1196 Sand Castle Rd 2/2 now $750K, 9126 Mockingbird Dr 3/2 now $799,999; 5305 Ladyfinger Lake Rd 3/2 now $995K, 248 Christofer Ct 2/2.5 now $1.044M, 3343 Saint Kilda Rd 3/2 now $1.087M, 1270 Par View Dr 3/2 now $1.325M, 742 Nerita St 3/2 now $1.45M, 836 Birdie View Pt 3/3.5 now $1.949M, 1507 Angel Dr 3/2.5 now $1.995M, 5435 Osprey Ct 4/3.5 now $2.550M.

3 new sales: 1454 Sandpiper Cir 4/3 listed at $699,999; 315 Periwinkle Way 3/2 listed at $850K, 4340 West Gulf Dr 5/3.5 listed at $1.85M.

4 closed sales: 560 Piedmont Rd 3/2 $600K, 863 Rabbit Rd (1/2 duplex) 3/2 $652K, 235 Daniel Dr 3/3 $1,343,750; 1511 Angel Dr 4/3 $2M.

LOTS

No new listings or price changes.

1 new sale: Bowen Bayou Rd 25 listed at $145K.

No closed sales.

Captiva

CONDOS

No new listings, price changes or new sales.

1 closed sale: Beach Cottages #1414 2/2 $1M.

HOMES

1 new listing: 1072 South Seas Plantation Rd 3/3.5 $6.75M.

No price changes or new sales.

1 closed sale: 11516 Wightman Ln 5/4.5 $3.25M.

LOTS

Nothing to report.

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

Enjoy your weekend, Susan Andrews, aka SanibelSusan

Another Month Flew By, While Sanibel Sunshine Continues

The islands had no rain again this week. As much as we never want to see another hurricane, it would be nice to get an occasional quick shower to give the critters and vegetation a drink. When I need to add water to my pool twice a week, I know summer weather has arrived before the rainy season.

On the plus side, without rain stirring things up, the gulf waters remain clear and turquoise. The roadways were quiet over the holiday weekend, but the public beach access parking lots were full. Also when teammates Dave and Lisa were out boating Monday, they sent me beachside photos of some condo restoration progress. It was nice to see many of those beaches also occupied.

Another plus is that the spring-blooming trees have been spectacular much longer this year. After recently posting blog pictures of the apple blossom cassia at Sanibel Moorings and the royal poincianas at Sanibel Arms and Captains Walk, Dave and I have been on the lookout for other eye-catching bloomers. My winner today is another beauty, a golden shower tree at Sanibel Moorings while Dave spied the pink one near the boat ramp.

Sanibel Pick-Up Softball

Following their reopening last week, this week the Sanibel Recreation Center announced pick-up adult softball begins June 3 from 6 to 8 p.m., weather permitting, at the Sanibel ballfields, 3840 Sanibel-Captiva Rd.

Monday nights are for ages 50+, while Wednesdays are for ages 18-49. Participation is free, just bring your glove and wear closed-toe shoes.

J.N. “Ding” Darling National Wildlife Refuge

The Refuge announced this week that beginning Sat, June 1, Wildlife Dr hours will be lengthened since sunsets are later. June through the end of July, Wildlife Dr will be open from 7 a.m. to 8 p.m. (Note, but still closed on Fridays.)

Also beginning June 1, Refuge staff and volunteers will lead FREE summer programs, offered weekly through July. Those include Wildlife Drive Caravans Tour, Beach Walks, Restorative Nature Walks, Insect Insanity, and Monday’s Ranger Choice (which changes each week). Check their weekly calendar on-line for details and sign up at http://www.DingDarling.EventBrite.com.

Island Water Association

Diana Wilson, General Manager of The Island Water Association (IWA) was the guest speaker yesterday at the May Membership Meeting at the islands Association of Realtors®. She was new to IWA just a few years ago, in time, as she mentioned, to negotiate their first union contract, and then lead IWA through the pandemic and Hurricane Ian. It probably goes without saying that after being hit with those challenges, updating our Realtor organization was probably a walk-in-the-park. Good info was provided which attendees will share with new customers and clients. Here are some of my takeaways.

  • Island Water has been providing water to Sanibel & Captiva since 1965. It is a private member-owned non-profit. They are not part of the City or County but work in coordination with them.
  • They treat & distribute potable water for in-home use, irrigation, drinking fountains, etc.
  • They are governed by five member-elected directors and have just 30 employees. Their goal is to provide quality water, with exceptional service at a reasonable price. Their water rates have not changed since 2009.
  • Today, there are ~5,200 connections to their system. She described the process they use in producing the water as “fresh squeezed”. How Florida is that?
  • IWA facilities in addition to the administrative offices and reverse-osmosis (RO) treatment facility on Sanibel-Captiva Rd include 15 production wells, one 3,100’ deep injection well, five storage tanks (15 MG capacity), three booster stations, and a distribution network with piping from 2” to 20” in diameter. (We got to view these examples of these pipes.)
  • The source of the raw water extracted by the production wells is from the upper Floridian aquifer.
  • The RO plant can produce 6 million gallons/day. The treatment first involves a filtering process that removes any silt/sand or other particles. It removes anything larger than 1 micron. (As reference, a red blood cell is 5 microns and a typical hair is 7.5.) Next, the RO membranes filter out salts, viruses, and most minerals. The final step is for disinfection, PH adjustment, and corrosion. (We also got to view samples of these membranes.)
  • The five IWA storage tanks include two at the RO treatment plant, one on Periwinkle, one on Wulfert, and one at South Seas.
  • For consumers, IWA has updated their website and installed smart meter devices on every property connection. This allows users to check their water usage 24/7. Through a member portal, one can sign up for a leak alert so you should never be surprised again with a big water bill due to a pool, irrigation, or other leak causing high usage.
  • One of our Realtor attendees confirmed that her HOA discovered leaks thanks to these new devices, potentially saving their Association thousands of dollars.
  • Another Realtor asked about the quality of the water IWA produces. Interestingly, we learned that the requirements for that water is significantly more stringent than what is sold as bottled water. She said the bottle of water provided to her at our meeting was the first one she had sampled in a very long time. Our tap water is better!

Sanibel & Captiva Islands Association of Realtors®

It was fun Wednesday to teach again at the Association Office. There were 16 attending the Resorts & Second Homes module for the 2024 SCIS (Sanibel & Captiva Islands Specialist) designation. Some are working on earning the designation, others recertifying.

There are 12 modules to earn the certification, with recertification needed every three years. That requires three classes.

The modules include eight taught by representatives from the following organizations. Most include tours of their facilities.

  • Bailey Matthews National Shell Museum
  • BIG ARTS
  • Captiva Erosion Protection District
  • City of Sanibel – City Hall
  • R.O.W. (Clinic for the Rehabilitation of Wildlife
  • History of the Islands
  • N. “Ding” Darling Wildlife Refuge
  • Sanibel & Captiva Conservation Foundation.

The remaining four are taught by local Realtors®, Greg Demaras, Eric Pfeifer, yours truly, and Jeff Burns.

  • Differences Selling the Islands Vs Mainland Lee County
  • Marketing Condos on the Islands
  • Resorts & 2nd Homes
  • Waterways & Beaches.

More Island Real Estate Scoop

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the residential sales statistics, followed by all the Sanibel/Captiva MLS action reported this week.

It again was a quiet one for sales. On Sanibel, two new sales were posted, a home and a lot. Ten Sanibel homes also had price reductions as did a Sanibel lot, while both a condo and a home were newly listed. There also was a handful of closed sales. No new activity this week on Captiva.

Many comments at yesterday’s Caravan Meeting echoed the same: “no showings, no offers, no inquiries”, but plenty of worries about what may happen with the condo market. For Realtors®, whether working with buyers or sellers, those now require more homework. You can be sure I stressed that at Wednesday’s class, attendees agreed.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 94 1,083,536 162 143 2,171,148 132 36 784,080 229
Under contract 6 1,213,000 158 16 2,095,843 113 3 2,514,333 39
Sold 2024 to 5/31 40 842,763 126 96 1,435,932 94 8 1,869,500 174
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 32 1,516,906 176 18 7,300,833 219 2 13,750,000 204
Under contract 3 1,823,333 242 2 3,122,500 130 0 N/A N/A
Sold 2024 to 5/31 8 1,828,125 117 4 5,368,125 132 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity May 24-31

Sanibel

CONDOS

1 new listing: Sanibel Arms West #I7 2/2 $815K.

No price changes or new sales.

2 closed sales: Sanibel Siesta #605 2/2 $820K, Sanibel Moorings #721 3/2 $1.125M.

HOMES

1 new listing: 5438 Shearwater Dr (1/2 duplex) 3/3.5 $1.795M.

10 price changes: 3898 West Gulf Dr 3/2 now $875K, 1813 Long Point Ln 4/2.5 now $940K, 1426 Sanderling Cir 3/2 now $995K, 1125 Captains Walk St 3/3 now $1.025M, 3180 Twin Lakes Ln 3/3 now $1.095M, 3822 Coquina Dr 4/3.5 now $1.195M, 5422 Shearwater Dr (1/2 duplex) 3/2.5 now $1,387,007; 4340 West Gulf Dr 5/3.5 now $1.85M, 1828 Buckthorn Ln 4/4.5 now $1.925M, 2255 Troon Ct 4/5.5.5 now $2.65M.

1 new sale: 5414 Osprey Ct 3/2 listed at $1.387M

5 closed sales: 1113 Sand Castle Rd 3/2 $700K, 753 Nerita St 3/2.5 $990K, 9470 Balsa Ct 3/2 $995K, 930 Strangler Fig Ln 5/3.5 $1.3M, 6424 Pine Ave 2/2 $1.35M.

LOTS

No new listings.

1 price reduction; 4801 Tradewinds Dr now $1.8M.

1 new sale: 1801 Olde Middle Gulf Dr (former site of Clam Shell condos) listed at $6.999M.

1 closed sale: 6217 Starling Way $1.5M.

Captiva

CONDOS, HOMES, LOTS

Nothing to report.

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

Enjoy your weekend, Susan Andrews, aka SanibelSusan

Another Sun Shiney Sanibel Weekend Expected

Summer sunshine already is here on Sanibel. My car last weekend reported temperatures as high as 104 degrees F. Yikes! That is as hot as it rarely gets in late summer. Sure hope that is not an omen for what is to come.

Short of the brief shower last week, there has been no rain with the next week also expected to be filled with more sunshine. Daytime temps forecast to hit 90. There should be wonderful weather for those in SW FL over the holiday.

Water Update

It never gets old, driving across the causeway or going to the beach and seeing the crystal clear bright blue water. Thinking toward the weekend, the Conservation Foundation (SCCF) had an interesting “good news, bad news” social media post this week. It says:

“The bad news? Around 50% of Lake Okeechobee (open water) is covered in blue-green algae.

“The good news? Because of your advocacy, Southwest Florida is at lowered risk for algae-filled water releases from Lake O. Since releases began in February, the lake has been lowered from 16.33 feet to 13.42 feet, all before the rainy season.

““Thanks to effective stakeholder collaboration and science-based management decisions, the lake is well under 15 feet, meaning there’s less need to send water to the northern estuaries — the Caloosahatchee and St. Lucie,” said SCCF Environmental Policy Director Matt DePaolis.

“In addition, an improved management plan for the lake known as the Lake Okeechobee System Operating Manual (LOSOM) is finally expected to be adopted this summer — after five years of development and delays. LOSOM will maximize the number of days the Caloosahatchee and St. Lucie watersheds receive optimal flows from Lake Okeechobee, as well as increase the volume of water conveyed south to the Everglades and Florida Bay.

“Stay informed by signing up for our Weekly Water Conditions Tracker: https://sccf.org/…/wat…/weekly-water-conditions-tracker/

SCCF Turtle Patrol posted today that 126 loggerhead and 1 leatherback nests have already been identified on the islands. Don’t forget “lights out after 9.”

 

More Re-Openings & Post-Ian Progress

Every time I drive around the island, I see more progress. We still complain that “it’s taking a long time”, but it really is getting better. On my street where it usually is quiet this time of the year, a new home is going up on one side of me. On the other side, the recently-sold large elevated home had its metal roof and solar panels removed. Those made loud random crashes when they hit the ground. I couldn’t watch the large crew scurrying around so high up and in such sweltering temps.

Like in most neighborhoods, several damaged homes on my street remain under construction, while new ones are springing up where properties that could not be repaired were removed. All progress, just the same.

Our Sanibel Square office still has not been completed, so again this week, I met with clients in my living room. That sure makes working easy! Makes me understand how those that worked from home during the pandemic liked it.

Bailey’s Shopping Center – Last week Sanibel Planning Commission approved the master plan for the new Bailey’s Center. They still have some administrative hurdles before construction begins, but in the meantime, they say they hope to open an interim small store on Rabbit Road this year.

Pointe Santo – I fielded more questions this week about progress at Pointe Santo. Here is what I have found out. Driving by, it looks like the exterior painting is done, while the roof work continues. The old tennis courts were removed and construction of the new ones is underway. Fencing and nets were just installed. Landscaping and pool repairs have not yet begun, but units on 2nd through 4th floors have been turned over to owners for repairs/completion by their own contractors . Most 1st floor units have been framed in. Drywall is next. The new clubhouse is expected to be completed in 2025. No word yet on when the community is safe enough for occupancy.

Sanibel Ball Field – Next to the Sanibel School, reopened yesterday afternoon with a ribbon cutting following by community games and refreshments. The Rec Center posted a reminder that the ball fields and pavilion are open for public use outside of school hours (evenings, weekends, holidays, summer breaks). They also said to keep an eye out for their upcoming announcement on adult pick-up softball.

Best Hiking Trails in America

This week “USA Today” announced its 2024 “10 Best Readers’ Choice Awards”. The Indigo Trail at the J.N. “Ding” Darling National Wildlife Refuge was named one of the Best Hiking Trails in America. No other Florida locations are in that top ten, but it joins the list with Yellowstone National Park, Great Smoky Mountains National Park, and Bryce Canyon National Park. It is not just seashells that make Sanibel special. This is quite an honor!

Sanibel & Captiva Islands Real Estate News

There was no local Caravan meeting this week, but we look forward to our monthly membership meeting next Thursday, following the start on Wednesday of the annual classes for Realtors® looking to earn the Sanibel & Captiva Islands Specialist designation. I have my class updated (The Resort & Second Home Market) and look forward to kicking off the 12-module series. Also have my funny resort-wear props ready. After introductions, I always begin with a pop quiz. Helps me learn how much the group knows about this market, so I can tailor the presentation accordingly. Correct answerers earn a prop which they wear for a group photo when the class wraps up. This is my 12th year teaching this class, so these photos are expected and fun remembrances.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the island residential sales statistics, followed by the Sanibel/Captiva MLS action reported this week.

It again was a quiet week for new sales. On Sanibel, two condos, a home, and a lot went under contract, while Captiva had one home sold.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 95 1,079,655 157 146 2,182,994 129 37 954,078 217
Under contract 8 1,181,625 138 20 1,892,325 104 3 731,333 94
Sold 2024 to 5/24 38 835,934 129 91 1,456.203 95 7 1,922,285 168
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 32 1,516,906 169 18 7,300,833 212 2 13,750,000 197
Under contract 3 1,823,333 242 2 3,122,500 130 0 N/A N/A
Sold 2024 to 5/24 8 1,828,125 117 4 5,368,125 132 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity May 17-24

Sanibel

CONDOS

1 new listing: Sanibel Moorings #632 2/2 $779K.

4 price changes: Tennisplace #B32 2/1.5 now $449K, Sundial #H303 2/2 now $792.5K, Sanibel Moorings #1342 2/2 now $919K, Tigua Cay #487 3/3.5 now $1.95M.

2 new sales: Sunset South #12C 2/2 listed at $600K, Sunset South #3C 2/2 listed at $699K.

No closed sales:

HOMES

3 new listings: 9225 Belding Dr 3/2 $695K, 1454 Sandpiper Cir 4/3 (1/2 duplex) $699,999; 1242 Par View Dr 3/2 $1.195M.

3 price changes:  2105 Sunset Cir 3/2 now $995K, 218 Daniel Dr 3/2.5 now $1.45M, 819 Birdie View Pt 3/2.5 now $1.795M.

1 back-on-market: 2604 Coconut Dr 3/2 $1.25M.

1 new sale: 1318 Seaspray Ln 5/3.5 listed at $2.495M.

5 closed sales: 2005 Mitzi Ln 2/2 $760K, 396 Lake Murex Blvd 3/2 $1M, 1306 Par View Dr 3/3.5 $1.3M, 9020 Mockingbird Dr 3/2 $1.495M, 900 Almas Ct 4/4.5 $2.025M.

LOTS

No new listings or price changes.

1 new sale: Bowmans Beach #25 listed at $175K.

No closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #5321 3/3 $1.625M.

1 price change: Gulf Beach Villas #2126 2/2 now $1.195M.

1 back-on-market: Beach Homes #25 3/2 listed at $2.8495M.

No new or closed sales.

HOMES

1 new listing: 15891 Captiva Dr 5/4.5 $6.9M.

1 price change: 14865 Mango Ct 2/2 now $1.689M.

1 new sale: 11516 Wightman Ln 5/4.5 listed at $3.395M.

No closed sales.

LOTS

Nothing to report.

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

Enjoy your Memorial Day weekend, Susan Andrews, aka SanibelSusan

It’s A Royal Poinciana Kinda Friday

Another Friday is here. Roadway traffic continues to be light much of the time. Plus I have even seen plenty of parking available at City beach parking lots this week, while the Conservation Foundation Turtle Patrol already is reporting record numbers of turtle nests, many laid last weekend.

The rainy season may have begun yesterday with a quick but severe shower just after noon. It came down so fast during a 30+minute period, that roadways were briefly flooded. That disappeared quickly once the storm passed. On my way home both yesterday and today, I noticed some brilliant royal poinciana trees, looking to be at their peak. A couple of favorites are in front of Captains Walk and Sanibel Arms.

 

In the island real estate world, sales activity remains slow. On Sanibel, there were no new condo sales this week, but six homes and a lot went under contract. On Captiva, both a condo and a home were sold. More details on that action is below after a couple of news items.

Sanibel Resolutions Adopted

At their meeting last week, Sanibel City Council adopted two resolutions. The first appropriated funding for dredging of the Shell Harbor entrance canal. The second approved a grant agreement  between the City and the Florida Department of Transportation in the amount of $1M to repair and repave sections of the shared use path system.

City of Sanibel 2024 Hurricane Seminar

The City’s annual hurricane seminar will be next Friday, May 24, from 1 to 3 p.m. at BIG ARTS. Featured speakers include Erika Broyles, FISH Senior Services Director; Chief Kevin Barbot, Sanibel Fire Rescue District; Chief Bill Dalton, Sanibel Police Department; Manuela Martinez, FISH Disaster Administrative Director; Craig Mole, Sanibel Building Director; and Chief Bill Schultz, Lee County Emergency Management.

It will be live streamed on the City of Sanibel Facebook page and will be viewable on the City’s website after the event.

Check Your On-Line Property File

Recently, several times when researching property for a prospective seller, open permits were discovered. This can be an oversight by a contractor, but it is wise for owners to check the status of any property permits beginning when work starts, up until final payment is made.

Depending on the scope of work, multiple inspections may be required with the final one leading to a Certificate of Completion which usually is when a contractor is paid in full.

The City website. MySanibel.com has excellent info on when permits are required and how the process works.

If an owner is preparing to sell, they may not know that an open permit may be a snag in that process. Florida is a full disclosure state, so a seller is to disclose any incomplete permits or work that required a permit that was done without benefit of one. These details can be provided to their Realtor by way of a Seller Real Property Disclosure.

The Florida “As Is” Residential Contract for Sale and Purchase, specifies that a Seller will assist and cooperate in close-out of building permits.

On MySanibel.com, anyone can view permit information and history on any property merely by entering the address.  When an individual permit is found, many attachments and details are available, including the scope of work, its cost, inspections required, permit status, and more.

Sanibel & Captiva Islands Real Estate News

Following the local caravan meeting yesterday, four newly listed Sanibel homes and two condos were open for viewing. Meeting attendance was light but should pick up for the 30th at the Monthly Membership Meeting and Caravan when the Director of Island Water Association will be the guest speaker.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the island residential sales statistics, then some info on commercial property for sale, followed by scoop about our listings, plus all the Sanibel/Captiva MLS action reported this week.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

95

1,077,986

154

148

2,192,758

124

39

935,151

210

Under contract

6

1,359,000

136

25

1,745,000

88

2

1,009,500

101

Sold 2024 to 5/17

38

835,934

129

86

1,464,354

94

7

1,922,285

168

Sold 2023

98

955,261

65

263

1,267,390

73

24

920,645

76

Sold 2022

123

1,136,199

44

185

1,602,745

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

CAPTIVA

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

30

1,470,716

169

18

7,109,500

217

2

13,750,000

190

Under contract

4

2,079,875

208

1

2,850,000

57

0

N/A

N/A

Sold 2024 to 5/17

8

1,828,125

117

4

5,368,125

132

0

N/A

N/A

Sold 2023

17

834,176

98

17

2,716,647

70

0

N/A

N/A

Sold 2022

28

1,458,983

52

22

5,636,386

133

0

N/A

N/A

Sold 2021

64

1,150,373

145

44

2,988,520

261

2

2,950,000

731

Commercial Activity

Many have asked about all the For Sale signs at commercial establishments along Periwinkle. Some of those are with off-island brokers. They don’t always know Sanibel’s strict signage rules, which has resulted in some oversized signs, until the City catches them.

In the Sanibel-Captiva MLS today, there are seven commercial properties for sale on Sanibel, none on Captiva. The lowest priced is the condo we have listed at Key Lime Center for $399K. Also available are:

  • 1025 Periwinkle Way which also is a condo and was the Noris Furniture building for $1.3M.
  • 1067 Bailey Road which is the former gas and service station facing Periwinkle for $2.85M.
  • 1245 Periwinkle, site of Anchor Inn for $3.5M.
  • 1446 & 1444 Periwinkle, Island Trading Post, including store building, home behind, & storage building with apartment, for $4.89M.
  •  4819 Tradewinds Dr package including a 6-unit gulf-front hotel, two duplexes, and a home for $6.7M.
  •  6520 Pine Ave formerly Lazy Flamingo Plaza for $8.5M.

No commercial island properties are under contract in the San-Cap MLS, but there have been two closed sales posted this year:

  • 1149 Periwinkle #3, commercial condo with 6 office spaces for $625K.
  • 711 Donax St, Driftwood Inn, for $2.459M.

Sanibel & Captiva Islands Multiple Listing Service Activity May 10-17

 
Sanibel

CONDOS

1 new listing: Kings Crown #215 2/2 $1.35M.

2 price changes: St Croix #4 2/2 now $1.575M, Somerset #E101 3/2.4 now $1.749M.

No new sales.

2 closed sales: Tennisplace #C34 2/1.5 $480K, Mariner Pointe #842 2/2 $650K.

HOMES

No new listings

2 price changes:  1125 Captains Walk St 3/2 now $1.065M, 5435 Osprey Ct 4/3.5 now $2.699M

6 new sales: 560 Piedmont Rd 3/2 listed at $639K, 1113 Sand Castle Rd 3/2 listed at $749K, 6090 Dinkins Lake Rd 3/2.5 listed at $1.295M, 1720 Dixie Beach Blvd 3/3 listed at $1.549M,  5048 Joewood Dr 4/3.5 listed at $2.55M, 4257 West Gulf Dr 4/4.5 listed at $12M.

5 closed sales: 1139 Seagrape Ln 3/2 $850K, 6141 Henderson Rd 3/3 $929K, 1376 Sand Castle Rd 3/2 $970K, 4179 Dingman Dr 4/4 $1.825M, 417 Bella Vista Way E 4/4 $2M.

LOTS

No new listings.

2 price changes: Bowman Beach Rd 25 now $145K, 967 Fitzhugh St now $265K.

1 new sale:1757 Windward Way listed at $389K.

No closed sales:

Captiva

CONDOS

3 new listings: Beach Villas #2323 $795K, Beach Villas #2322 1/1 $699K, Lands End Village #1655 2/2 $1.45M.

No price changes.

1 new sale: Beach Homes #25 3/2 listed at $2.8495M.

No closed sales.

HOMES

1 new listing: 37 Sea Hibiscus Ct 3/4 $1.899M.

No price changes.

1 new sale: 11516 Andy Rosse L 6/6 listed at $2.85M.

No closed sales.
LOTS
Nothing to report.

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

Enjoy your weekend, Susan Andrews, aka SanibelSusan

Sunny Mothers’ Day Expected on Sanibel & Captiva Islands

Though the first week of May is now over, the Florida rainy season has yet to begin. That is great news as far as water quality is concerned. SCCF (Sanibel-Captiva Conservation Foundation) posted mid-week: “For the first time in almost a year, Lake Okeechobee is officially under 14 feet, and average flows to the Caloosahatchee Estuary have remained in the optimum flow envelope for 21 days. This means we’ve been able to receive water from the lake without compromising the health of our ecosystem.’

That equates to the water continuing to be clear and a brilliant blue/green – like a Caribbean post card. Here are a couple of pix from my recent travels.

Overlooking San Carlos Bay at the end of Dixie Beach Blvd. 05-09-2024

Lighthouse Beach bayside 05-10-2024

More Sanibel Openings

Hurricane House – at 2939 West Gulf Dr held their soft opening in early April and this week celebrated with a ribbon cutting. Managed by Hilton Grand Vacations, the 14-unit 2-bedroom timeshare property was stripped-down to studs, and received new roofs, windows, and doors. A new pool deck and landscaping are yet to be completed, but in the meantime returning owners and guests may enjoy pool, tennis, and golf privileges at The Dunes. Hilton Grand Vacations also manages four other Sanibel timeshare resorts, plus rentals and resales. In January, they had the reopening of their Sanibel office at 2460 Palm Ridge Rd.

Sundial Beach Resort & Spa – posted this week that all unit types will be available for rent before the end of the year. Sundial East (two bedroom plus den & three bedrooms) may be reserved for stays beginning August 3, while Sundial West (studio, one & two bedrooms) may be reserved beginning December 1.

National Association of Realtors® News

This week, local and state Realtor® association leaders were in Washington DC for the 2024 NAR (National Association of Realtors Legislative Meetings. Sanibel & Captiva Association CEO Bill Robinson, 2024 President Brendan Albright, and President-Elect Becky Mulka were there representing the islands. They attended a variety of meetings and events, focusing on advancing the real estate market through public policy, including a meeting with Congressman Byron Donalds who has been our Florida District 19 U.S. Representative since 2021.

At the NAR Board of Directors Meeting yesterday, Florida Realtor® Christine Hansen, broker and owner of Century 21 Hansen in Fort Lauderdale was elected NAR 2025 First Vice President which means she will continue her role at the national level. Christine was 2018 President of Florida Realtors® and has been a NAR Director since 2006. She became a friend decades ago when she gave me some pointers at one of my first Florida Realtors® committee meetings. It’s true that you never forget how someone makes you feel. Christine is a true people person and champion for our business. (This is a photo I took of her about ten years ago when she came to Naples to help our District pack thousands of Meals of Hope.) The election today puts her on the ladder to be run for NAR President-Elect in 2026.

It’s Impossible for Home Sales to Remain Low

Though sales are currently at a 30-year low, long-term population growth ensures more homebuying activity soon, said NAR Chief Economist Lawrence Yun on Tuesday at the Residential Economic Issues & Trends Forum during the DC meetings. Given that growth, there is no way home sales can remain historically low for much longer, he said. He pointed out that there are 70 million more Americans today than in 1995. Housing needs are only increasing and that won’t change because of complicated economic factors,” he said.

Though home sales are low as buyers face higher borrowing costs and stubbornly low inventory, housing options on the market are beginning to increase. To get markets moving, he said NAR has been advocating for a variety of Congressional measures, such as giving mom-and-pop investors an incentive to sell to first-time buyers and increasing the capital gains exemption on the sale of a primary residence.

While the Federal Reserve has delayed rate cuts that were expected to start this spring, Yun said he anticipates as many as six to eight rate cuts by the end of 2025, possibility beginning in September. “If the Fed were to normalize its policy, then maybe mortgage rates could move lower. So, not only are we potentially getting more inventory, but we’ll also get more buyers as rates come down,” he added. “Over the next 10 years, eight of those years will likely see increases (in home sales).”

In addition, consumers may be adjusting to the feeling of “permanently high inflation” and looking for safe financial bets, Yun said. That will drive more homebuying decisions as consumers recognize real estate as an appreciating asset that has historically provided a good hedge against inflation.

Florida Realtors®

Registration is open for the Florida Realtors® annual August convention and business meetings in Orlando. I was notified yesterday that as a member of the state 2024 Professional Development Committee, I will soon be asked to interview an applicant wanting to audition to be a Florida Realtors® Instructor. This interview is one of the first steps in the process for prospective new faculty members. They must clinch an interview before completing an application to audition in person before an Audition Panel during the August meetings. I always enjoy doing these interviews, and later being on panels. Through the years, I have watched some applicants become terrific instructors. Volunteering like this is always a positive experience, plus an old dog learns some new tricks.

Sanibel & Captiva Islands Real Estate News

With our officers in DC this week, there was no local caravan meeting yesterday, but there will be one next Thursday, May 16, followed by the May Monthly Membership Meeting and Caravan on the 30th.

The annual SCIS (Sanibel & Captiva Islands Specialist) designation classes begin May 29. I will kick off the program, teaching the first class that day.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the island residential sales statistics, followed by all the Sanibel/Captiva MLS action reported this week.

The Sanibel-Captiva “Real Estate Guide” hit island mailboxes this week. Our ad is below:

Again, there were not a lot of new sales this week. On Sanibel, one condo and seven homes went under contract. On Captiva, a single condo. The most popular listing activity continues to be price reductions, there were 13.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 97 1,070,192 149 154 2,235,676 118 40 919,772 205
Under contract 8 1,166,500 113 23 1,344,126 87 1 1,650,000 187
Sold 2024 to 5/10 36 850,986 133 81 1,473,586 93 7 1,922,285 168
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 28 1,572,392 178 18 7,162,333 213 2 13,750,000 183
Under contract 3 1,823,333 242 0 N/A N/A 0 N/A N/A
Sold 2024 to 5/10 8 1,828,125 117 4 5,368,125 132 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity May 3-10

Sanibel

CONDOS

2 new listings: Sundial #C207 1/1 $599K, Sanibel Moorings #822 2/2 $799K.

1 price change: Sand Point #122 2/2 now $825K.

1 new sale: Somerset #B101 3/3.5 listed at $1.895M.

3 closed sales: Blind Pass #C201 2/2 $580K, Oceans Reach #4B4 1/1 $600K, Sundial #A408 2/2 $985K.

HOMES

3 new listings: 1016 Fish Crow Rd 3/2 $689K, 5089 San-Cap Rd 3/2 $1.125M, 1270 Par View Dr 3/2 $1.375M.

10 price changes: 9126 Mockingbird Dr 3/2 now $849,999; 1133 Schooner Pl 5/2 now $1.1M, 9421 Moonlight Dr 3/2 now $1.1299M, 1101 S Yachtsman Dr 5/2.5 now $1.15M, 4221 Old Banyan Way 3/2 now $1.349M, 3205 Twin Lakes Ln 3/2 now $1.35M, 1293 Par View Dr 3/3 now $1.495M, 1199 Par View Dr 3/2.5 now $2.189M, 851 Angel Wing Dr 5/4 now $2.299M, 4099 West Gulf Dr 5/5 now $4.95M.

7 new sales: 9428 Moonlight Dr 3/2 listed at $849K, 3990 Coquina Dr 3/2 listed at $950K, 9470 Balsa Ct 3/2 listed at $1,05M, 753 Nerita St 3/2.5 listed at $1.05M, 2604 Coconut Dr 3/2 listed at $1.25M, 6424 Pine Tree Ave 2/2 listed at $1.45M, 417 Bella Vista Way E 4/4 listed at $2.4999M.

3 closed sales: 530 Piedmont Rd 3/2 $670K, 440 East Gulf Dr 3/2 $987.5K, 4428 Waters Edge Ln 3/2.5 $1.675M.

LOTS

2 new listings: 1340 Eagle Run Dr $595K, 1801 Olde Middle Gulf Dr $6.999M.

1 price change: 2807 West Gulf Dr now $849K.

No new sales.

1 closed sale: 972 Fitzhugh St $281K.

Captiva

CONDOS

No new listings.

1 price change: Beach Homes #25 3/2 now $2.8495M.

1 new sale: Beach Villas #2321 2/2 listed at $925K.

No closed sales.

HOMES & LOTS

Nothing to report.

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

Happy Mothers’ Day weekend & enjoy this pix from my favorite tree at Sanibel Moorings which blooms this time of the year.

Susan Andrews, aka SanibelSusan

Hooray! No More Sanibel Sunsets Before 8 p.m. Until August!

It’s another sunny Sanibel Friday following another week of that same wonderful weather. Rainy season is just around the corner and sea turtle nesting season has begun, so we know summer is not far behind. I was reminded of that when I saw this message on social media yesterday: “Today is the last SW FL sunset before 8 p.m. until August.”

Sanibel Lighthouse Update

The protective cloak around the lighthouse is now down, A good sign that beach re-nourishment work wrapped up there, just in time for nesting season. The project finished up midweek and both gulf and bayside parking lots are now open.

There were plenty of empty parking spots this afternoon when I snapped these few East-end blog photos. It’s always special to see gulf waters a brilliant teal which they often are this time of the year, or until summer showers begin, the sand gets stirred up, and more water is released from Lake O.

Dave took this one this morning when out boating.

Vacation Accommodations

Many island vacationers, anxious to return, are asking which gulf-front condos are ready for rent. Unfortunately, the answer is “not many.” Since we drive the gulf drives often, it has been surprising to see how long it is taking most to be restored.

Several communities have units ready for owner occupancy, but amenities are not yet completely repaired or landscaping not replaced. Others are still in permitting or working through insurance and financial issues. Some are close and now getting their beach access boardwalks installed.

Several are rental-ready for those wanting to come and support the island during recovery. The Chamber of Commerce continues to update their website with news on the nightly accommodations available, while local rental organizations add units to their website inventories as they are ready. A couple of complexes with on-site rental offices (Sanibel Moorings & Sanibel Siesta) are open.

If I was looking for accommodations of a certain type and for a certain timeframe, I would search the internet often. Just also be aware of what is happening at neighboring complexes as some could be under construction.

One of the furthest along in restoration is Loggerhead Cay which recently has posted several units for rent. Their most recent restoration are the new tennis/pickleball courts.

Most condo complexes remain fenced off with no entry signs posted. Some have yet to begin teardown or restoration, but many are progressing with some of those not expected to be ready until next year. The good news is many will be brand-new.

Island businesses are so ready for more visitors. It has been positive to see many cars at the newly-opened restaurants. There again are plenty of Sanibel breakfast choices: Over Easy Café. Lighthouse Café, Jerry’s Café, Sanibel Café, Rosalita’s (just Sunday brunch 10 a.m.- 3 p.m.), and Wickies Lighthouse Restaurant.

The beaches are beautiful, and shopkeepers have the red carpet out. All and all, more businesses are open and more inventory is available for those wanting to buy a piece of paradise. Traffic also is light, so it’s a great time to come for a visit.

Real Estate News

At the islands Association of Realtors®, it was great on Tuesday to finally attend another in-person meeting of the Professional Standards Committee. Our 2024 education calendar is filling up.

Yesterday was a Caravan meeting but just two homes were open for viewing, one on Captiva and one on Sanibel. The next Caravan meeting is May 16, followed by membership meeting and Caravan on May 30.

Next week our top leaders will be in Washington DC for the National Association of Realtors® (NAR) 2024 Legislative Meetings. This is when they meet with Capitol Hill representatives and actively advance the real estate market through public policy. Realtors® continually work with policymakers and regulators to advocate for a pro-consumer real estate industry that is essential to advancing national and local economies.

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the island residential sales statistics, followed by the Sanibel/Captiva MLS action reported this week.

It was another quiet real estate week, no sales on Captiva. On Sanibel, one condo and three homes went under contract. Again, the popular listing activity is price adjustments.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

100

1,079,645

147

161

2,239,125

115

40

749,372

207

Under contract

10

972,000

137

19

1,334,994

84

2

972,500

244

Sold 2024 to 5/3

33

862,743

127

78

1,487,538

94

6

2,195,833

146

Sold 2023

98

955,261

65

263

1,267,390

73

24

920,645

76

Sold 2022

123

1,136,199

44

185

1,602,745

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

CAPTIVA

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

29

1,551,793

168

19

6,864,263

209

2

13,750,000

176

Under contract

2

2,272,500

318

0

N/A

N/A

0

N/A

N/A

Sold 2024 to 5/3

8

1,828,125

117

4

5,368,125

132

0

N/A

N/A

Sold 2023

17

834,176

98

17

2,716,647

70

0

N/A

N/A

Sold 2022

28

1,458,983

52

22

5,636,386

133

0

N/A

N/A

Sold 2021

64

1,150,373

145

44

2,988,520

261

2

2,950,000

731

Sanibel & Captiva Islands Multiple Listing Service Activity April 26­‑May 3

Sanibel

CONDOS

2 new listings: 502 Sandpiper Beach 2/2 $880K, Sundial #D401 2/2 $1.175M.

2 price changes: Mariner Pointe #1023 2/2 now $569K, Heron at The Sanctuary II #1-2A 3/2.5 now $899K.

1 new sale: Tennisplace #C34 2/1.5 listed at $499K.

5 closed sales: Oceans Reach #3D1 2/2 $839K, Loggerhead Cay #324 2/2 $870K, Sundial #N203 2/2 $887.5K, Nutmeg Village #206 2/2 $1.3125M, Pointe Santo #A27 3/2 $1.535M.

HOMES

2 new listings: 251 Southwinds Dr 4/3 $1.22M, 2604 Coconut Dr 3/2 $1.25M.

8 price changes: 1196 Sand Castle Rd 2/2 now $775K, 199 Southwinds Dr 3/3 now $799K, 1586 Century Ct 3/2.5 now $937K, 248 Christofer Ct 2/2.5 now $1.094M, 3343 St Kilda Rd 3/2 now $1.115M, 1720 Dixie Beach Blvd 3/3 now $1.549M, 922 S Yachtsman Dr 3/3 now $1.95M, 1025 S Yachtsman Dr 4/3 now $2.825M.

1 back-on-market: 235 Daniel Dr 3/3 $1.495M.

3 new sales: 3025 Poinciana Cir 3/2 listed at $849K, 5827 Pine Tree Dr 3/2 listed at $1.15M, 228 Violet Dr 3/2.5.5 listed at $2.5M.

6 closed sales: 2166 Egret Cir 3/2 $775K, 1501 Lagoon Dr 2/2 $1.15M, 1321 Sand Castle Rd 3/2.5 $1.255M, 1396 Sand Castle Rd 3/2 $1.3M, 696 Durion Ct 3/2.5 $1.335M, 1662 Dixie Beach Blvd 3/2.5 $2.249M.

LOTS

No new listings.

2 price changes: 1757 Windward Way now $369K, 5398 Osprey Ct now $400K.

No new or closed sales,

Captiva

CONDOS

No new listings.

1 price change: Lands End #1656 3/3 now $2.6M.

No new sales.

2 closed sales: Bayside Villas #4220 1/2 $600K, Beach Homes #16 4/4 $5.25M.

HOMES

No new listings.

1 price change: 11550 Paige Ct 5/5.5.5 now $6.8M.

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.

Enjoy your weekend, Susan Andrews, aka SanibelSusan

Sunshine Lovers Are Still Smiling

It has been another week of mostly bright skies, sunroof-open weather with roadways quiet, other than the now-usual workday entry and exit of off-island contractor vehicles. Sand trucks also have been traveling to and from the lighthouse as additional beach re-nourishment is underway there but expected to be completed soon.

City photo

The Lighthouse Beach parking lot will reopen over the weekend (both Saturday and Sunday) but will close again Monday morning for the work to be done before May 1.
The forecast calls for more beautiful weather in the mid-80’s F, with no rain expected, at least none over the next ten days.

Sea Turtle Nesting Season Has Begun

SCCF photo

SCCF (Sanibel-Captiva Conservation Foundation) posted the below big news Wednesday when the first sea turtle nest of the season was spotted. It was a special one too – laid by a whopper leatherback. Those are huge!

“Our first sea turtle nest of the season was found today on Sanibel, and it was laid by a leatherback (AKA the largest turtle species on the planet)!

“This is the first leatherback nest on Sanibel or Captiva in four years, and it was pretty easy for our biologists to recognize. An average of six feet long and between 500-1,500 pounds, leatherbacks are significantly larger than loggerheads, the most abundant nesting sea turtle species on the islands.

“Hundreds more sea turtles will lay eggs on Sanibel and Captiva over the next six months, and our staff and volunteers will protect and monitor each and every nest on a daily basis. Help us by turning off lights visible from the beach after 9 p.m. (including flashlights!), leveling sandcastles, filling in holes, removing furniture and other obstacles from the beach, picking up trash, and staying at least 10 feet away from posted nest areas.

“Call the SCCF Sea Turtle Hotline at 978-728-3663 to report issues with nests, nesting turtles, or hatchlings. SCCF’s nest protection activities are authorized by MyFWC Florida Fish and Wildlife under MTP-047 and MTP-170.”

More Re-Openings

Lighthouse Café – reopened yesterday in their new location at 1020 Periwinkle Way. This building is larger than their former east-end spot. It has a new interior and was designed to offer the same charm but with more space. Open daily 7 a.m. to 2 p.m., serving breakfast all day, and lunch beginning at 11 a.m.

Sanibel & Captiva Islands Association of Realtors® – building at 2353 Periwinkle Way had their ribbon cutting yesterday just before their monthly membership meeting and following caravan when two Sanibel condos and eight Sanibel homes were open for viewing. It is great to finally have our meetings back in our headquarters again. Upcoming are a new member orientation on Monday, Professional Development Committee Meeting Tuesday, another Caravan Meeting Thursday, and Board Meeting Friday. The schedule is getting back to normal! Hooray! (Finnimore’s Bike & Beach Rentals (our tenant below) has been open for some time, but also had their ribbon-cutting.)

Sanibel Recreation Center Outdoor Courts – reopened Wednesday. The courts are lined for both tennis and pickleball and can be reserved FREE for one hour per day by Rec Center members. The post-storm reconstruction included removal and replacement of damaged light poles, light fixtures, fencing, and asphalt, adding a new subsurface and 24K sq. ft. of asphalt and new surfacing. Community members, staff, and students from the Sanibel School celebrated the reopening with a ribbon cutting, followed by a friendly tennis match between Sanibel Mayor Johnson, City Manager Souza, and school tennis team students.

More Real Estate News

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the island residential sales statistics, followed by the Sanibel/Captiva MLS action reported this week.

It was another slow week for new sales with no Sanibel condos under contract, but two homes and one lot, plus one Captiva condo. There is a message in a week on the islands with 21 price reductions and only four sales. Hopefully sales pick up once schools are out.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

105

1,067,196

141

170

2,212,336

114

42

788,092

212

Under contract

13

1,056,076

135

23

1,348,126

84

2

972,500

244

Sold 2024 to 4/26

28

822,733

125

72

1,499,500

92

6

2,195,833

146

Sold 2023

98

955,261

65

263

1,267,390

73

24

920,645

76

Sold 2022

123

1,136,199

44

185

1,602,745

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

CAPTIVA

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

29

1,560,513

161

19

6,885,263

202

2

13,750,000

169

Under contract

4

2,663,750

206

0

N/A

N/A

0

N/A

N/A

Sold 2024 to 4/26

6

1,462,500

124

4

5,368,125

132

0

N/A

N/A

Sold 2023

17

834,176

98

17

2,716,647

70

0

N/A

N/A

Sold 2022

28

1,458,983

52

22

5,636,386

133

0

N/A

N/A

Sold 2021

64

1,150,373

145

44

2,988,520

261

2

2,950,000

731

Sanibel & Captiva Islands Multiple Listing Service Activity April 19-26

Sanibel

CONDOS

3 new listings: Sundial #H303 2/2 $850K, Tantara #101 3/2 $1.2M, Compass Point #191 3/2 $1.8M.

7 price changes: Captains Walk #A4 2/2 now $479K, Mariner Pointe #312 2/2 now $597.5K (SanibelSusan listing), Oceans Reach #4C3 2/2 now $870K, Sandpiper Beach #502 2/2 now $880K, Pointe Santo #C21 2/2 now $975K, St Croix #4 2/2 now $1.65M, Sundial #L404 2/2 now $1.75M.

Mariner Pointe #312 views San Carlos Bay

No new sales.

3 closed sales: Ibis at The Sanctuary #B101 2/2 $700K, Loggerhead Cay #292 2/2 $822K, West Shore #5 3/3 $1.6M.

HOMES

3 new listings: 209 Robinwood Cir 3/2 $779K, 4202 Old Banyan Way 3/2.5 $1.595M, 673 East Rocks Dr 3/2 $1.595M.

11 price changes: 293 Palm Lake Dr 3/2 now $829.9K, 547 Chert Ct 3/3.5 now $899K, 1426 Sanderling Cir 3/2 now $1.049M, 9247 Dimmick Dr 3/2 now $1.065M, 4573 Bowen Bayou Rd 3/2 now $1.384K, 218 Daniel Dr 3/2.5 now $1.388M, 1202 Sand Castle Rd 4/2.5 now $1.489M, 1402 Middle Gulf Dr 3/3 now $1.545M, 2402 Wulfert Rd 4/4.5 now $2.199M, 2474 Wulfert Rd 4/5.5 now $2.298M, 5387 Shearwater Dr 4/4.5 now $2.595M.

2 new sales: 630 Piedmont 3/2 listed at $699K, 1511 Angel Dr 4/2 listed at $2.199M.

4 closed sales: 1481 Sand Castle Rd 2/2 $589K, 105 Skiff Pl 3/2 $600K, 932 Whelk Dr 3/3 $1.05M, 3526 West Gulf Dr 5/4.5 $1.65M.

LOTS

No new listings.

1 price change: 1032 Sand Castle Rd now $450K.

1 new sale: 6217 Starling Way listed at $1.65M.

No closed sales,

Captiva

CONDOS

1 new listing: Bayside Villas #4110 1/2 $495K.

1 price change: Beach Villas #2521 2/2 now $975K.

1 new sale: Beach Homes #24 3/3 listed at $3.25M.

No closed sales.

HOMES

1 new listings: 58 Sandpiper Ct 2/2 $1.699M.

1 price change: 11531 Paige Ct 4/3.5 now $11.995M.

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.

Enjoy your weekend, Susan Andrews, aka SanibelSusan

Another Gorgeous Beach Day on Sunny Sanibel

Fulgur St Beach Access 04-19-2024

More Great Weather

It has been another week of terrific weather on sunny Sanibel and Captiva Islands. I was out showing a home last Saturday when it too was picture-perfect. It was great also to see that the community amenities at Gulf Pines have been restored and the beach there wide and beautiful.

Traditionally it rains on Sam Bailey’s Islands Night at Hammond Stadium, but those attending the 31st year of this event on Wednesday night also enjoyed beautiful weather. This long-standing tradition is fun, showcases island camaraderie, and celebrates “season” winding down.

The local Association of Realtors® had an entry in the community parade that preceded the ball game. The Sanibel School Seahorse Chorale, recently back from their special performance at Carnegie Hall, sang the national anthem. The game was between the Fort Myers Mighty Mussels and the Jupiter Hammerheads. The Hammerheads won (4-3).

Beach Restoration & Traffic

Traffic continues to be light, but there was a surprise City notice late Wednesday saying that crews were mobilizing to add additional sand near the lighthouse in response to recent erosion.

Permits were already in hand for more Lighthouse Beach re-nourishment, though not scheduled until fall. Luckily contractors could begin the project early and will restore the berm before sea turtle nesting season begins May 1.

As a result, the gulf-side parking lot there was temporarily closed for crews to bring in equipment It has reopened and will be through the weekend. Beginning Monday (April 22) all Lighthouse Beach Park parking lots will be closed until the berm replenishment is complete (no later than May 1).

Today, I took a quick mid-day drive through the gulf-side parking area and it was full of beachgoers enjoying the day. The water is a brilliant teal which always makes me smile. During quick stops at a couple of my favorite beach accesses (Fulgur and Donax Streets), it is obvious that the beach re-nourishment in those areas remains successful. There, the sand is high, and beach is wide. (Pix taken from my car at Fulgur St above.)

Another change noted this week is that Middle Gulf Dr is looking better now that new landscaping and sod have been added in front of Gulfside Place. Sundial’s landscaping is beautiful so this addition adds to the improved view along that stretch. Across the street, Spanish Cay also looks to be making good progress on their restoration.

Other than landscaping and construction vehicles plus a handful of bikers on the shared-use paths, there has been very little traffic on any of the gulf drives during my travels this week – truly an indication that “high season” is wrapping up.

Ding Darling Day Conservation Carnival

The National Wildlife Refuge Visitors and Education Center and Nature Store will be closed tomorrow (Saturday April 20) as their team heads off island for their annual “Ding” Conservation Carnival at Lakes Park in Fort Myers.

That event is from 10 a.m. to 2 p.m. (Wildlife Drive and Indigo Trail will remain open.)

Sanibel & Captiva Islands Association of Realtors®

It was great news this week to hear that the Association of Realtors® building restoration at 2353 Periwinkle Way finally is done and the upstairs office spaces are ready for occupancy. There will be a ribbon cutting next Thursday (April 25) at 11 a.m., just before our monthly General Membership meeting when guest speaker is Lisa Riordan, Captiva Civic Association Board of Governors President.

I also heard this week, that the class I teach for the SCIS (Sanibel & Captiva Islands Specialist) designation will be the first one in the 2024 schedule. So if you are looking for me the morning of May 29, I will be presenting my “Resort and 2nd-Home Market” class for the 18th year. (Gotta update it first.). Other Realtor® instructors this year include Eric Pfeifer “Marketing Island Condos”, Jeff Burns “Waterways & Beaches”, and Greg Demaras “Differences in Selling Off-Island”.

When we started this designation in 2006, I was one of the first to complete what was then an eight-segment curriculum. They are taught annually, usually in late spring/summer, spread over a two-week period, at and around the island.

Some segments are only an hour or two long, some day long, covering info that is useful and sometimes unique to real estate sales here. Subjects and locations include Bailey-Matthews National Shell Museum, BIG ARTS, Captiva Erosion Protection District, C.R.O.W. (Care & Rehabilitation of Wildlife), History of the Islands, J.N. “Ding” Darling National Wildlife Refuge, Sanibel City Hall, and SCCF (Sanibel – Captiva Conservation Foundation).

The four Realtor®-taught classes were added in 2006. When Realtors® enroll in this program, they are given two years to complete the 12 segments and then must retake three classes to re-certify every three years. This training has served our members well, both in educating new ones and keeping old-timers up to date.

More Real Estate News

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the island residential sales statistics, followed by all the Sanibel/Captiva MLS action reported this week.

There were five Sanibel sales (two condos, three homes) and one Captiva condo sale this week. Once again, the main listing status activity was price changes.

With a total of 369 properties for sale (315 on Sanibel and 54 on Captiva), and just 109 closed sales year-to-date (99 on Sanibel and ten on Captiva), there could be more adjustments over the next few months as sales activity usually slows down in the summer. Maybe this year will be different as more units become available for rent and vacation business increases.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

103

1,057,349

140

169

2,227,190

110

43

809,276

205

Under contract

16

1,081,687

135

25

1,317,476

83

1

295,000

301

Sold 2024 to 4/19

25

796,581

119

68

1,529,705

92

6

2,195,833

146

Sold 2023

98

955,261

65

263

1,267,390

73

24

920,645

76

Sold 2022

123

1,136,199

44

185

1,602,745

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

CAPTIVA

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

32

1,625,968

161

19

7,295,842

206

3

9,998,333

181

Under contract

3

2,468,333

179

0

N/A

N/A

0

N/A

N/A

Sold 2024 to 4/19

6

1,462,500

124

4

5,368,125

132

0

N/A

N/A

Sold 2023

17

834,176

98

17

2,716,647

70

0

N/A

N/A

Sold 2022

28

1,458,983

52

22

5,636,386

133

0

N/A

N/A

Sold 2021

64

1,150,373

145

44

2,988,520

261

2

2,950,000

731

Sanibel & Captiva Islands Multiple Listing Service Activity Apr 12-19

Sanibel

CONDOS

5 new listings: Sanibel Arms #E2 1/1 $399K, Tennisplace #B32 2/1/5 $474.9K, Sanibel Siesta #804 2/2 $795K, Sanctuary Golf Villages I #3-1 2/2.5 $1.145M, Sundial #K303 2/2 $1.3M.

4 price changes: Tennisplace #C34 2/1.5 now $499K, Lake Palms #3 2/2.5 now $577K, Oceans Reach #4D1 2/2 now $795K, Somerset #B101 3/3.5 now $1.895M.

2 new sales: Sundial #E110 2/2 listed at $1.095M, Sanibel Moorings #721 3/2 listed at $1.3M.

2 closed sales: Sundial #D312 1/1 $450K, Gulfside Place #204 2/2 $1M.

HOMES

1 new listing: 5827 Pine Tree Dr 3/2 $1.15M.

8 price changes: 1446 Sandpiper Cir 2/2 now $639K, 1196 Sand Castle Rd 2/2 now $785K, 1586 Century Ct 3/2.5 now $939K, 547 Chert Ct 3/3.now $949K, 3822 Coquina Dr 4/3.5 now $1.279M, 6424 Pine Ave 2/2 now $1.45M, 567 Lake Murex Cir 3/2.5 now $1.45M, 2303 Troon Ct 3/3.5.5 now $2.153M.

1 back-on-market: 1113 Sand Castle Rd 3/2 $749K.

3 new sales: 1306 Par View Dr 3/3.5 listed at $1.39M, 930 Strangler Fig Ln 5/3.5 listed at $1.395M, 3526 West Gulf Dr 5/4.5 listed at $2.25M.

6 closed sales: 4269 Gulf Pines Dr 2/2 $600K, 1377 Sand Castle Rd 3/2 $600K, 1578 Sand Castle Rd 3/2 $875K, 1658 Sabal Palm Dr 3/2.5 $1.05M, 969 Whelk Dr 3/2.5 $1.25M, 5235 Indian Ct 4/4 $2.1M.

LOTS

No new listings.

3 price changes: 1653 Bunting Ln now $445K, 1331 Par View Dr now $499K, 2490 Coconut Dr now $1.2M.

No new sales,

1 closed sale: 2933 Wulfert Rd $440K.

Captiva

CONDOS

No new listings.

1 price change: Beach Villas #2321 2/2 now $925K.

1 new sale: Beach Cottages #1414 2/2 listed at $1.295M.

1 closed sale: Sunset Captiva #204 2/2 $1.75M.

HOMES
 
No new llistings.

1 price change: 11516 Wightman Ln 5/4.5 now $3.395M.

No new sales.

1 closed sale: 16310 Captiva Dr 4/5.5 $10M.

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.

Enjoy your weekend, Susan Andrews, aka SanibelSusan

More Blue Skies & Sunshine on Sanibel & Captiva Islands

It is time for another sunny Friday update from The SanibelSusan Team. It was not picture perfect every day though, as a rain band passed through yesterday afternoon. Saved me from having to add water to my pool and gave vegetation and critters a quick drink.

Today, the weather is back to blue skies and plenty of sunshine. More of the same is forecast through the weekend and next week.

Traffic has become noticeably less, probably since some snowbirds have already departed. There still have been plenty of contractor vehicles and sand trucks during the workday, but the beach renourishment project is wrapping up early and there certainly are fewer cars on the roads. It also is a breeze now to come-on/go-off island on the weekends.

Sanibel Events & Openings

The Bait Box – at 1041 Periwinkle Way, had their ribbon cutting on Tuesday in their newly-elevated building which was lifted off the palm tree pilings during the storm.  Here since 1971, it offers fishing supplies and equipment, licenses, and rentals. They are open 6:30 a.m. to 7 p.m. daily.

Cheeburger Cheeburger – in Tahitian Gardens is under new ownership and reopened yesterday, also with ribbon cutting. They are closed on Mondays, otherwise open daily at 11 a.m., serving lunch and dinner.

31st Annual Sam Bailey’s Island Night – at Hammond Stadium is Wednesday, April 17, with parade beginning at 6:10 p.m. (gates open at 6). The baseball game starts at 7 p.m. with the Florida State League Fort Myers Mighty Mussels playing the Jupiter Hammerheads (Minor League). Free tickets are available at the Chamber of Commerce Visitors Center, Bank of the Islands, Adventures in Paradise Outfitters, Doc Ford’s Rum Bar & Grille, Huxters Market & Deli, Island Pizza, Jerry’s Foods, Macintosh Books & Papers, The Magic Bus, Pinocchio’s Original Italian Ice Cream, Sanibel Café, Sanibel Deli, SCCF (Sanibel-Captiva Conservation Foundation), The Shack, and Whitney’s Bait & Tackle.

Sanibel School Annual Seahorse Festival – is tomorrow, Saturday, April 13 from 11 a.m. to 3 p.m. with food, fun, and games for the whole family. Free admission.

Sanibel & Captiva Islands Real Estate News

At our island Association of Realtors® Professional Development Committee on Tuesday, more of the 2024 Education calendar was finalized. Speakers at the upcoming April 25 General Membership Meeting will update us on “Protect Captiva”, while the speaker for the May meeting will be Dianna Wilson, General Manager of Island Water Association. Our committee is always looking for ways to update and continue training our members.

The 2024 SCIS (Sanibel & Captiva Islands Specialist) designation classes will be between May 29 and June 7, while the annual 14-hour Continuing Ed classes needed for license renewals are scheduled for the week of September 9.

Yesterday, the Association had a Caravan Meeting at The Community House with new listings, sales, and price changes announced. Following the meeting, nine Sanibel homes and one condo were open for viewing.

At the meeting, I chatted with several colleagues. Many commiserated about the lack of inquiries, showings and sales. Most don’t think we will see much improvement until fall or when the island has more vacation accommodations available. The latest report from the Chamber of Commerce is that island accommodations (Sanibel & Captiva) are back to 17% of what was available pre-Ian. Recovery continues albeit slowly.

Our CEO also announced that our next meeting could be back in our Association building (2353 Periwinkle Way). Restoration of that structure and our office spaces there are almost complete. Fingers crossed that our April membership meeting can be back there (nearly 19 months after Hurricane Ian).

He also encouraged attendees to take a free Continuing Education webinar offered by Florida Realtors: “Understanding Buyer Broker Agreements”. These classes are a great way to stay up to date on how the real estate business is changing. They are popular with six more scheduled: May 14 and 22, June 18, July 23, Oct 22, and Nov 5. The instructors (Steven David, Cynthis DeLuca, Patti Ketchum, and Caroline Boland) are all top-notch!

Below, with data from the islands Multiple Listing Service (MLS) are summary tables of the island residential sales statistics, followed by all the Sanibel/Captiva MLS action reported this week.

Along with less traffic, there also were fewer sales posted this week, on Sanibel, just one condo and four homes. No sales on Captiva.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 100 1,071,210 141 170 2,246,265 107 45 803,484 197
Under contract 16 1,041,250 153 29 1,238,893 87 2 385,000 183
Sold 2024 to 4/12 23 802,805 109 62 1,573,306 86 5 2,547,000 155
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale 33 1,616,696 160 19 7,301,315 199 3 9,998,333 174
Under contract 3 2,670,000 123 0 N/A N/A 0 N/A N/A
Sold 2024 to 4/12 5 1,405,000 113 3 3,824,166 176 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity Apr 5‑12

Sanibel

CONDOS

3 new listings: Sanibel Siesta #103 2/2 $925K, Sanibel Moorings #741 2/2 $998,900; Lighthouse Pointe 215 3/2 $1.599M.

2 price changes: Tantara #202 2/2 now $949K, St Croix #4 2/2 now $1.699M.

1 new sale: Sanibel Siesta #605 2/2 listed at $875K.

1 closed sale: Sanibel Shores #B2 1/1 $549K.

 HOMES

7 new listings: 1215 Periwinkle Way 1/1.5 $495K, 9263 Dimmick Dr 3/2 $799K, 9126 Mockingbird Dr 3/2 $859,999; 2105 Sunset Cir 3/2 $1.125M, 1103 Schooner Pl 4/3 $1.65M, 5435 Osprey Ct 4/3.5 $2.8M, 906 Snowberry Ln 4/4.5 $5.75M.

10 price changes: 1586 Century Ct 3/2.5 now $945K, 9247 Dimmick Dr 3/2 now $1.075M, 5414 Osprey Ct 3/3 now $1.387M, 1241 Junonia St 4/3 now $1.395M, 1438 Albatross Rd 3/2.5 now $1.69M, 1365 Jamaica Dr 3/2.5 now $1.695M, 815 Birdie View Pt 3/3 no1 $1.849M, 2960 Wulfert Rd 5/5.5 now $3.289M, 408 Bella Vista Way E 4/4 now $3.5M, 4731 Rue Belle Mer 5/5.5 now $7.995M.

4 new sales: 2005 Mitzi Ln 2/2 listed at $794.5K, 1139 Seagrape Ln 3/2 listed at $1.1M, 4428 Waters Edge Ln 3/2.5 listed at $1,699,900; 4179 Dingman Dr 4/4 listed at $1.999M.

11 closed sales: 657 Cardium St 2/2 $515K, 657 Rabbit Rd 3/2 $750K, 5303 Umbrella Pool Rd 3/2.5 $979K, 211 Southwinds Dr 3/3 $1.05M, 2612 Coconut Dr 3/2 $1.05M, 4171 Dingman Dr 3/3 $1.2M, 3302 Twin Lakes Ln 3/2.5 $1.218M, 5436 Shearwater Dr 3/3.5 $2.1M, 2871 Wulfert Rd 4/4 $2.24M, 1283 Isabel Dr 3/2 $2.5M, 4681 Rue Belle Mer 3/3.5 $4.25M.

LOTS

Nothing to report.

Captiva

CONDOS

No new listings.

2 price changes: Lands End #1659 2/2 now $1.595M, Captiva Shores #6C 2/2 now $1.75M.

1 back-on-market: Beach Homes #13 4/4.5 $6.25M.

No new or closed sales.

HOMES & LOTS

Nothing to report.

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

Enjoy your weekend, Susan Andrews aka SanibelSusan