Pre-Holiday Happenings on Sanibel


It’s been a week of wonderful, though chilly, island weather. We’ve had the heat on in the office for a few days and been wearing sweaters, while those here on vacation continue to pedal and jog by in their shorts and tee-shirts. Forecasts say that it will be back up into the 60’s by tomorrow, with temperatures expected to creep up into the high 70’s again by early next week.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoIt was standing room only yesterday at the Association of Realtors® December Membership Meeting followed by east-end Caravan. A big crowd always comes when we have a speaker from the City of Sanibel. This year, it was Senior Planner, Roy Gibson. His short power-point covered three documents and followed with questions/answers.

  1. The Sanibel Report – An early history of the island, the Sanibel Plan is a scientific document published in 1976. It’s probably best known as an environmental assessment of Sanibel, a natural systems study, if you will. It is no longer in publication, but it provided the scientific foundation of the areas that today are known as the island ecological zones.
  2. The Sanibel Plan – Developed in 1975 (after City incorporation in late 1974), this is a living document accessible at the City website, www.mySanibel.com. It contains the vision statement for the island, describing how Sanibel is 1st a Sanctuary, 2nd a Community, and 3rd an Attraction. It provides the zoning maps and provides the regulatory framework for the City including its goals, objectives, and policies.
  3. The Sanibel Code – This is the document most often used by the Planning Department and island Realtors®. It’s the operations guide for the City. (We all got a chuckle out of Roy’s pop quiz to guess the weight of the printed document (which is 10.1 lbs). The lucky answerer got their own copy of the Code.) I have a hard-copy in my office too, but it’s much easier to read it on-line. The Sanibel Code contains the City Charter which describes how the City is governed and the Land Development Code. It’s that development code that comes into play in real estate transactions. There is a link to the Code on www.mySanibel.com.

No Realtor® Caravan next Thursday, but the every-Thursday-morning schedule begins again on Dec 28 with a West Caravan.

New Eats

  • Dante’s Coal-Fired Pizza – recently opened at The Sanibel Inn. With locations in Fort Myers and Coral, Dante’s is not new to SW Florida. They will have on-line ordering soon at www.DantesCoalFiredPizza.com
  • Lighthouse Café – will again be serving dinner starting today through April.
  • Farmers Market – begins on Captiva next Tues, Dec 19 and will be every Tuesday from 9 a.m. to 1 p.m. through April 3, at the entrance to South Seas Resort.

Conflict Over Vacation Rental Rights Brewing

Florida Realtors logoInteresting to see an article from Fort Myers Beach posted on line at FloridaRealtors®. This one on Dec 12, 2018 is credited to Laura Ruane, Journal Media Group. Sanibel already has a monthly-minimum on rental homes in residential communities.

“Homeowners have a right to live in peace, free of a steady stream of noisy interlopers, says Doris Grant, Fort Myers Beach resident.

“Government should respect owners’ rights and keep excessive laws off private property, says Joe Tekulve, an Ohio resident with a beach vacation home.

“It’s a battle of rights as some people ponder whether short-term vacation rentals should be more closely regulated, in particular by local governments.

“Two Lee County municipalities took up the matter recently. And, state lawmakers are expected to once again weigh in on short-term rental regulations in the upcoming session.

“Vacation rentals of fewer than 30 days are big business and growing: The Florida Department of Business & Professional Regulation estimates the number of state-licensed, short-term rental units grew from 117,000 in 2012 to 131,000 in 2016. That growth may be vastly understated in this era of online platforms helping hospitality rookies rent out their spare bedrooms or entire homes.

“But as Airbnb, HomeAway, VRBO and others began marketing vacation rentals in less-commercial areas, complaints poured in from year-round residents. They say their neighborhoods are suffering from a revolving door of short-term renters – guests who sometimes thoughtlessly disturb the peace and character of a place.

“Multiple issues – Bad behavior by renters isn’t the only issue. Area hoteliers and property managers say the competitive field no longer is level when owners of homes and condos can rent out the dwellings for a day or two or more – and yet can ignore health and safety measures, tax remittance and other rules without penalty.

“In 2011, the Florida Legislature adopted measures prohibiting municipalities from regulating vacation rentals – unless they already had such laws in place. Florida was still working its way out of the Great Recession, so sympathy was high for property owners trying to earn a few bucks – and perhaps even avert foreclosure.

“At the same time, though, private equity firms were buying homes in foreclosure for pennies on the dollar, and turning some of them into vacation rentals. In some areas, rentals became dominant and operated like hotels, although often poorly managed.

“In 2014, the Legislature passed a bill “giving cities back the authority to regulate vacation rentals. But they could not regulate the duration of these rentals,” said Casey Cook, senior lobbyist with Florida League of Cities. Cook’s organization favors “home rule,” meaning municipalities decide what level of regulation is right for their residents.

“Last spring, a push championed by Sen. Greg Steube in the Legislature collapsed. That bill would have pre-empted local regulation of vacation rentals – other than existing laws grandfathered-in. However, the topic is far from dead: Two Senate Community Affairs Committee workshops in October took testimony on how to best regulate short-term rentals, and who should do it.

“When contacted in early November, a staffer in Steube’s Tallahassee office wouldn’t rule out the possibility another vacation rental bill could surface next year. Florida’s Senate will convene Jan. 9.

“Numerous Florida cities – including Miami Beach, Fort Lauderdale, Boca Raton and Hollywood – have tried to address the issues surrounding short-term rentals regulation. Locally, a rentals ordinance failed to pass muster with Cape Coral City Council. The town of Fort Myers Beach is still weighing its options.

In October, Cape Coral City Council rejected a short-term rentals ordinance that would have required property registrations, a city business license, inspections and the naming of a local contact for emergency purposes. The vote came following a second public hearing at which realty companies, local landlords and Airbnb hosts spoke against the measure.

“Cape Coral’s land-use regulations already prohibit renting to guests for periods of fewer than seven days, but they are not enforced. Host Compliance Software, which monitors short-term rental host agencies, estimated the city has more than 3,100 vacation rentals. This would include an unknown number that rent by the night, contrary to city law. Analysis by the city, which compared that group of rentals with the number of state-registered Cape short-term rentals, showed more than 2,000 are not registered with the state, as required. “We have a compliance issue with thousands of illegally operating short-term rentals in Cape Coral,” said Michael Ilczyszyn, assistant city manager.”

Sanibel & Captiva Multiple Listing Service Activity December 8-15, 2017

Sanibel

CONDOS

8 new listings: Blind Pass #D101 2/2 $439K, White Caps South #5 1/1 $569K, Blind Pass #B209 3/2.5 $584.5K, Sundial West #J207 2/2 $695K, Sandalfoot #3C1 2/2 $749K, Sanibel Inn #3535 2/2 $765K, Sandpiper Beach #302 2/2 $850K, By-The-Sea #9 3/2 $1.749M.

2 price changes: Blind Pass #A205 2/2 now $418.9K, Snug Harbor #211 2/2 now $769K.

6 new sales: Colonnades #C3 1/1 listed at $225K, Sanibel Arms #F2 1/1 listed at $499.9K, Loggerhead Cay #153 2/2 listed at $919.9K, Shorewood #2B 3/3 listed at $1.568M. Captains Walk #B5 2/1 listed at $349K, Captains Walk #A8 2/2 listed at $349K.

2 closed sales: Sunset South #1C 2/2 $665K, Shell Island Beach Club #7B 2/2 $785K (our Buyer).

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Boardwalk to beach at Shell Island Beach Club

HOMES

11 new listings: 1357 Jamaica Dr 2/3 $650K, 2005 Mitzi Ln 2/2 $543.5K, 9446 Yucca Ct 3/2 $545K, 3043 Poinciana Cir 4/2 $575K, 1425 Causey Ct 4/3 $779K, 3323 Twin Lakes Ln 3/3 $829K, 335 East Gulf Dr 3/2 $1.095M, 2464 Blind Pass Ct 3/2 $1.3M, 1052 Whisperwood Way 3/3 $1.499M, 3615 West Gulf Dr 3/2 $2.995M, 1077 Bird Ln 4/5/2 $5.995M.

7 price changes: 1004 Spanish Laurel Ln 2/2 now $598K, 1710 Sand Pebble Way 3/2 now $629K, 5430 Osprey Ct 3/3 now $799K, 1183 Kittiwake Cir 3/2 now $799.9K, 1391 Jamaica Dr 4/3 now $1.349M, 6412 Pine Ave 3/2.5 now $1.245M, 794 Conch Ct 3/2.5 now $1.995M.

4 new sales: 5292 Umbrella Pool Rd 3/2 listed at $569K, 1317 Par View Dr 3/3 listed at $629K, 2030 Sunrise Cir 3/3 listed at $649K, 1149 Paper Fig Ct 4/3 listed at $2.245M.

2 closed sales: 981 Sand Castle Rd 3/2.5 $480K, 714 Durion Ct 3/2 $585K.

LOTS

3 new listings: 555 Piedmont Rd $219,555; 5627 Baltusrol Ct $410K; 602 Boulder Dr $459K.

No price changes or new sales.

3 closed sales: 2501 Wulfert Rd $175K, 1299 Par View Dr $227K, 1415 Sanderling Cir $879.5K.

 Captiva

CONDOS

Nothing to report.

HOMES

2 new listings: 11541 Wightman Ln 3/3 $2.175M, 16151 Captiva Dr 4/3 multi-family $7.9M.

No price changes, new, or closed sales.

LOTS

1 new listing: 15295 Captiva Dr $899K.

No price changes, new, or closed sales.

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

Have a great weekend!

Elise for The SanibelSusan Team

Sanibel Luminary 2017 Is About to Begin


11-24-2017 beach

Lake O releases are being reduced again starting today, but already one can see water quality improving.

 

 

It’s SanibelSusan posting her Friday island blog a little early today as it’s almost time to head out for the kick-off of Sanibel Luminary at The Sanibel Historical Village and Museum. The islands Community Chorus is singing from 4-4:45 p.m., followed by the Sanibel Band. Then at 5:30 p.m., the official Luminary Trail is lit with festivities until 9 p.m.

The islands already are twinkling with holiday lights and decorations, but it hardly feels like December weather. Yesterday it hit the mid-80’s, but it’s back into the high 70’s today.

More of the same is expected until the end of next week when a cold-front (Florida-style) is expected. (That means perhaps highs in only the 60’s next Thursday and Friday.)

This weekend, it looks like attendees can forget their ugly Christmas sweaters and go with “shorts’ for Sanibel’s Luminary tonight and Captiva’s tomorrow.

SanibelSusan Realty Happenings

In preparation, the island seems to have settled into a pre-Christmas mode this week. Little sales action was announced yesterday at the Thursday Realtor® Caravan meeting.

I was pleased to announce the quick sale of our new listing overlooking Dinkins Bayou on Harbour Lane and we had two of the properties on the 9 a.m. to noon Caravan that followed the meeting.

The action posted in the Sanibel & Captiva Islands Multiple Listing Services since last Friday follows a couple of news items below.

Upcoming Events

  • Elf Jr. The Musical – This comedy is running from now through Tues, Dec 5 at The Community House. The Community House theater is a unique space with the audience on three sides, you become part of the show. Creative Theater Workshop will also have auditions for Aladdin, Jr on Sat, Dec 2 at The Community House for youth ages 8 to 18. This show will feature workshops in stage combat, special effects, fencing/sword fighting, singing, dancing and acting. Audition sign-ups at www.CTW.Life.
  • Shell Harbor Boat Parade – This is a new event planned by the homeowners’ association to be held Sat Dec 16 with boats gathering at 5:30 p.m. and the parade starting shortly after. It will begin just outside Sanibel Harbour in San Carlos Bay and proceed down the main Shell Harbor canal before turning around in the Victoria Cove basin. Find more info at the Shell Harbor Property Owners Association Facebook page.

2017 Hurricane Season Has Ended – But Issues Linger

The following article from Tallahassee was posted yesterday on line at FloridaRealtors® and credited to Jim Turner of “News Service of Florida”.

“Thursday was the last day of the highly active, deadly and destructive 2017 Atlantic hurricane season, but Floridians will feel its impact for years.The massive hit from Hurricane Irma caused direct physical and emotional impacts in Florida, and ripples continue to come ashore as thousands of people flee Hurricane Maria’s devastation in Puerto Rico and the U.S. Virgin Islands.

“Politicians are scrambling to determine how much of the next state budget will be dedicated to covering losses that may or may not be paid by the federal government. They’re also looking at regulatory changes for nursing homes and debris-removal companies, as well as changes dealing with issues such as evacuation lanes, shelters and a potential state fuel reserve.

“Gov. Rick Scott, who was a visible face before and after Irma struck, said Monday that he’d like to boost the availability of propane for generators before the 2018 storm season. “You always learn something,” Scott said. “Everybody had generators. This last time we started running low on propane. I want to make sure that doesn’t happen again. But everyone did a good job. Highway safety, we kept the fuel going.”

“Visit Florida spent $5 million to tell potential tourists that the state quickly reopened after Hurricane Irma, even as scars from the September storm remain etched across agricultural fields and the Florida Keys….

“Members of the House Select Committee on Hurricane Response and Preparedness will meet Monday and discuss potential storm-related recommendations for the 2018 legislative session, which starts in January. Among the possibilities are legislation about housing, agriculture tax relief, hardening for emergency-operations centers and management of shelters.

National weather service logoMark Wool, the warning coordination meteorologist at the National Weather Service’s Tallahassee office, called 2017 the busiest for the Atlantic since 2005.”We didn’t have any things working against tropical cyclone development like in recent years,” Wool said. “There was no El Nino in effect, which tends to suppress things. Didn’t see a lot of dust coming off Africa. We had a very warm ocean and the depth of the warm water was quite large. And all of those things tend to fuel development of a lot of storms.”

“Emergency management officials each year stress preparing for hurricanes. But Wool said the flatness of Florida requires additional vigilance by coastal communities against flooding, as the state is also experiencing a period of rising sea levels. “Parts of South Beach are flooding now without any storms. Blue skies, tidal flooding, the king tides,” Wool said. “We’ve seen times in the historic record where we’ve had large fluctuations in sea level, and we’re certainly on the upswing.”

“As of Nov. 13, more than 830,000 property owners across the state had filed claims for $5.88 billion in insured losses from Irma, which was one of four storms – Tropical Storm Emily, Irma, Hurricane Nate and Tropical Storm Philippe – that had a direct impact on the state during the six-month hurricane season.

Emily in early August made landfall on Anna Maria Island and quickly was downgraded to a tropical depression. Nate brushed the western Panhandle on Oct. 8 as the center of the storm came ashore near Biloxi, Miss. Philippe brought rain and couple of tornadoes to the southern part of the state as it made landfall Oct. 29 with 45 mph winds in Southwest Florida.

Hurricane irma map“Overall, there were 17 named storms this year. The most devastation came from Harvey’s Aug. 26 landfall in Texas, Irma’s double landfall and run-up of Florida starting Sept. 10, and Maria’s destruction of utilities and other infrastructure across Puerto Rico on Sept. 20. While spinning in the Atlantic, Irma reached maximum sustained winds of 185 mph, a pace it held for a record 37 consecutive-hours. Nate also set a record in October for the fastest forward motion recorded for a hurricane in the Gulf of Mexico.

“We certainly did establish some records,” Wool said. “Harvey’s rainfall established a new rainfall record for one system in the United States. I think some areas had 60 inches of rains, which was phenomenal.”

“Irma also set new benchmarks for evacuees – an estimated 6.5 million people left their homes in advance of the storm – and power outages and restoration crews. Florida Power & Light, for example, reported 90% of its customers – about 10 million people – were without power on average 2.3 days.

“The agriculture industry has put a preliminary estimate of $2.5 billion on its losses from the storm.

However, Florida leaders have yet to convince the White House and Congress to include an estimated $761 million in losses to the citrus industry in a series of disaster-relief packages this year. State Agriculture Commissioner Adam Putnam again implored Florida’s congressional delegation on Tuesday to support U.S. Rep. Tom Rooney’s proposal to add $1.5 billion for Florida’s agricultural industry to a $44 billion disaster-relief request sent to Congress on Nov. 17 by the White House Office of Management and Budget.

“While awaiting federal assistance, Scott authorized a $25 million interest-free loan program for citrus farmers.

“Visit Florida, meanwhile, directed $5 million from its tourism budget for a special post-Irma marketing campaign, and Scott has requested lawmakers boost Visit Florida’s marketing dollars from $75 million in the current year to $100 million because of the need to have post-disaster marketing money readily available.

“Despite the state saying tourism numbers continue to climb, hotels remain closed in parts of the Keys, where housing issues have grown for workers after Irma devastated a number of areas outside of Key West. The Islamorada Resort Company, which hired more than 500 construction workers to repair storm damage at four locations on the islands, is reopening the first of the four on Dec 15 and the second a month later….”

Sanibel & Captiva Multiple Listing Service Activity November 24-December 1, 2017

Sanibel

CONDOS

4 new listings: Captains Walk #D5 2/1 $299.5K, Sunset South #7C 2/2 $598K, Cottage Colony West #101 1/1 $649K, Shorewood #2B 3/3 $1.568M.

3 price changes: Seashells #40 2/2 now $349.9K, Kimball Lodge #303 1/2 now $599K, Pointe Santo #B2 2/2 now $799K.

4 new sales: Seashells #44 2/2 listed at $339K, Sunset South #1C 2/2 listed at $685K, Nutmeg Village #205 2/2 listed at $769K, Bougainvillea #A3 4/4 listed at $3.695M.

2 closed sales: Seashells #11 2/2 $331K, Nutmeg Village #100 2/2 $950K.

HOMES

10 new listings: 1438 Sandpiper Cir 3/3.5 half-duplex $414K; 5306 Ladyfinger Lake 3/2 $549K; 9240 Belding Dr 3/2.5 $585K; 749 Cardium St 3/2 $769K; 1450 Sand Castle Rd 3/2 $799K; 1807 Serenity Ln 3/2 $799,999; 3239 Twin Lakes Ln 3/2 $979K, 899 Almas Ct 3/2 $1.249M; 490 Sawgrass Pl 3/2.5 $1.695M; 547 Kinzie island Ct 4/4.5 $1.789M.

6 price changes: 4542 Bowen Bayou Rd 3/2 now $572K, 1317 Par View Dr 3/3 now $629K, 241 Violet Dr 3/2.5 now $750K, 932 Whelk 4/3 now $1.224M, 1672 Hibiscus Dr 3/2 now $1.269M, 411 Bella Vista Way 4/4 half-duplex now $2.15M.

5 new sales: 915 Palm St 3/2 listed at $475K, 1187 Sand Castle Rd 3/2 listed at $635K, 2030 Sunrise Cir 3/3 listed at $649K, 2510 Harbour Ln 2/2 listed at $749K (our listing), 411 Bella Vista Way 4/4 listed at $2.15M, 4649 Rue Belle Mer 3/2.5 listed at $2.595M.

2 closed sales: 1270 Bay Dr 3/2 $1.334M, 3547 West Gulf Dr 4/4 $3.9M.

LOTS

1 new listing: 2460 Library Way $349K.

1 price change: Lot 27, Leisure Acres now $59K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Sunset Beach Villas #2212 1/1 $530K.

1 price change: Beach Villas #2617 1/1 now $525K.

No new or closed sales.

HOMES

1 new listing: 11535 Chapin Ln 4/3 $1.449M.

No price changes, new, or closed sales.

LOTS

Nothing to report.

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

Wishing you fair weather & a great weekend too! Susan Andrews aka SanibelSusan

SanCap Aerial 11-29-2017 Jim Szabo

Photo posted on Facebook by Jim Sazbo SanCap Aerials

Post Thanksgiving 2017 on Sanibel & Captiva


Sanibel River Estates Beach access

Sanibel River Estates beach access path

 

 

 

 

It’s SusanSusan flying solo at SanibelSusan Realty today as the rest of the team enjoys an extended holiday. I hope that you and yours also are having a wonderful Thanksgiving weekend.

Again, all week, island weather has been grand. Delightful temperatures and breezes have made it excellent for enjoying the beach, boating, biking, shelling, and more. Showers were forecast both yesterday and today, but so far, the only rain has been a couple of brief showers yesterday. A few more are expected in the morning, followed by more sunny days with temperatures in the 70’s all of next week.

The islands are busy, so it’s the time of the year when it pays to plan your trips and check the City traffic cams at http://www.mysanibel.com/Live-Street-Cams)

1031 Tax-Deferred Exchanges

MidIRALogoREVOver the last 25+years, many SanibelSusan Realty clients have performed 1031 tax-deferred exchanges, most under the guidance of Dave Owens. Time flies, but those exchanges continue to be popular, so here’s a repeat of his recent company announcement. Congratulations on your recent company anniversary, Dave Owens!\

“Midland 1031 is celebrating 20 years in business this month. Formerly known as 1031 Tax-Free Strategies, Midland has performed thousands of tax-free exchanges all over the United States since the fall of 1997. Midland 1031 was formed in 1997 by Dave Owens, a CPA who had a firm on Sanibel Island. When Owens first started his company, they performed 47 exchanges during its first full year of operation.  The company grew rapidly throughout the years and hit the 1,000 exchanges per year mark for the first time in 2005.  Currently in 2017, the company has surpassed the 1,000 exchanges a year mark, showing solid growth and continues to be an educational and service leader in the real estate community.

“A 1031 tax-deferred exchange allows real estate investors to defer federal and state taxes on the sale of investment real estate as long as proceeds are reinvested into additional investment real estate of equal or greater value, as well as following the IRS 45-day and 180-day timing rules.  There is no other deferral in the federal tax code like section 1031.  The proposed Republican tax law changes does not change the current 1031 rules.

“When asked about how he feels as he looks back over the last 20 years, Owens comments: “I am really proud of the job we have done helping real estate investors save millions of dollars in taxes.  With the help of Senior Manager Theresa Knower, we have helped thousands of investors navigate through the process of exchanges, start to finish, and have earned the reputation as the gold standard among Qualified Intermediaries”.  Knower is a veteran in the industry, speaking both locally and nationally on the topic of 1031 exchanges as well as working directly with her staff to complete exchanges.

“Of the 108 Certified Exchange Specialists in the entire country and eight in the state of Florida, two of them are with Midland 1031; Owens and Knower both hold their Certified Exchange Specialists certifications. They are among the most knowledgeable, experienced exchange specialists anywhere.

“Midland 1031 is proud to be serving not only the local community but also nationwide investors for the last 20 years. Learn more about Midland 1031 and 1031 exchanges by visiting Midland1031.com.”

Upcoming Events

Sanibel Masters Art Festival – today & tomorrow (Sat, Nov 25) at The Sanibel Community House 9 a.m. to 4 p.m.

lionslogoLions Charity Christmas Tree Sales – begin tomorrow, 10 a.m. to 6 p.m. at Bailey’s Shopping Center.

5th Annual Happy Hour Holiday Shopping at ‘Ding’ Darling – Wed, Nov 29 at the Refuge Nature Center Store where the ‘Ding’ Darling Wildlife Society Friends of the Refuge will keep the store open until 7 p.m. Last year, my purchases included ornaments, stocking stuffers, caps, and toys. They have Luc Century items too.ding darling goose logo

Sanibel & Captiva Luminary – As soon as Thanksgiving weekend is over, the islands jump right into Christmas holiday mode. Sanibel Luminary, always the first Friday in Dec, is next week, Dec 1, followed by Captiva Luminary on Sat, Dec 2.

museum-luminary-2015The Sanibel Historical Museum and Village kicks off luminary this year with a step back in time. Called “A Sanibel 60’s Christmas, Change is on the Way”, this year’s afternoon event focuses on the causeway which opened in 1963 and the changes that followed. The event is free from 3:30 to 5:30 p.m. on the village grounds with lots of 60’s memorabilia displayed.

From 4 to 4:45 p.m., the BIG ARTS Chorus will perform (you-know-who is in the alto section). The Brass Ensemble follows them from 4:45 to 5:30 p.m.

After that, the shops and businesses up and down Periwinkle will be open late. Follow the lighted luminaries along the bike path. It’s magical.

Celebration of 100th Anniversary of 1st Blind Pass Bridge – Jan 31, Wed. The Sanibel Historical Museum and Village is joining with the Captiva Island Historical Society to present “Blind Pass: The Bridge That Connects” at South Seas Island Resort. The multi-media program will present a history of the three Blind Pass bridges – and celebrate the 100th anniversary of the first bridge, a renowned fishing destination – along with stories of the Santiva community and some of its characters, and the shifting waterway that comprises Blind Pass. The event is free, but reservations are required, due to limited seating. Make your reservation by phone (230-472-2323), email (mail@captivaislandhistoricalsociety.org) or the link below:

http://www.captivaislandhistoricalsociety.org/events/upcoming-events/blind-pass-bridge-connects

More Focus on Water Quality & Conservation

If you are familiar with the organization START (Solutions to Avoid Red Tide), here’s some news reported this week in the Sanibel-Captiva “Islander”:

“Coastal Keepers, a business reorganization of Solutions to Avoid Red Tide, has rebranded to focus on water quality and ocean conservation as well as red tide. “This is the START you know, but really improved and really focused on our islands,” President Dr. Bruce Neil said. “We are forming a local partnership that makes more sense for everyone. We are trying to be more sufficient, so donated support goes more to the cause and less to the machine behind the cause. It’s a tried and proven local organization that has a new name.”

“He said START is a not-for-profit organization based in Sarasota that has subchapters, which included a Sanibel-Captiva chapter for at least 10 years. “The state organization of START seems to be contracting and really the Sanibel Captiva chapter of START was really driving the whole state,” he said. “We debated this for a long time and decided why don’t we go off on our own and make our own thing on Sanibel. As a conservation organization, we very much believe that we ought to have this lean business aspect as possible, so that we can spend more money on conservation. We realized our very best Sanibel Sea Schoolway to trim down the business is to partner with the Sanibel Sea School.”

Over the years, Neil said it has become hard to dedicate an organization to red tide because when there is a bloom everyone wants to know the solution, comparted to the years when it is not present the money and interest disappears. ”We changed the mission of Coastal Keepers to more of a water quality and ocean conservation institution in general, in addition to red tide,” Neil said, adding the mission is “to create conservation initiatives that promote and improve the future of marine resources, and coastal heritage.”…

“Coastal Keepers’ vision is “a community that perpetuates a coastal legacy for future generations. “There is a lot more we can do in our own backyard to enrich our community, to try to conserve and help our heritage move forward on a very local scale that are really for the most part limited to Sanibel and Captiva,” Neil said….

“The annual event held by START, Cracker Fest, has been renamed to The Launch and will be held on March 28. The location will be announced in the near future. With the reorganization, all the money raised during the fundraiser will stay on the islands.”

Lee County Visitor & Convention Bureau Breaks Records

LCVCB logo

In Lee County, tourism employs one out of every five people. Approximately 4.8 million visitors arrive each year and generate about $3 billion in economic impact. Domestic travel showed the greatest increase in visitation, including the Midwest region which generated the largest share of visitors. One-fifth of paid accommodations visitors came from international markets.

Tourist tax revenue – also known as the bed tax – is a 5% tax that funds three countywide functions: destination marketing; beach and shoreline re-nourishment, maintenance and enhancement projects; and stadium debt service and major maintenance by Lee County’s spring training facilities. The countywide tax is authorized by Florida Statute 125.0104 to increase tourist-related business activities in Lee County.

New Website at Captiva Island Historical Society

With a new contemporary design and info on upcoming events and a link to thousands of archived items, check it out at http://www.captivaislandhistoricalsociety.org

Sanibel & Captiva Multiple Listing Service Activity November 17-24, 2017

sancap GO MLS logo

CONDOS

6 new listings: Tennisplace #D21 1/1 $249.8K, Mariner Pointe #521 2/2 $495K, Nutmeg Village #208 2/2 $749.9K, Pointe Santo #B26 2/2 $759K, Nutmeg Village #201 2/2 $1.0399M, Sanibel Seaview #C2 3/3 $1.15M.

2 price changes: High Tide #C101 2/2 now $979K, High Tide #C201 2/2 now $1.045M.

2 new sales: Sundial West #B108 1/1 listed at $469K, Nutmeg Village #109 2/2 listed at $689K.

4 closed sales: Spanish Cay #E3 2/2 $370K, Ibis at The Sanctuary #B102 2/2 $443K (our listing), Blind Pass #F108 3/2 $568.3K, Sandpiper Beach #501 2/2 $690K.

HOMES

8 new listings: 1187 Sand Castle Rd 3/2 $635K, 1323 Par View Dr 3/2 $649K, 1008 Demere Ln 2/2 $639K, 2510 Harbour Ln 2/2 $749K (our listing) (photos below), 4460 Waters Edge Ln 3/2 $924K, 6047 Sanibel-Captiva Rd 3/2.5 $1.295M, 500 Kinzie Island Ct 3/3 $1.599M, 2689 Wulfert Rd 4/6.5 $2.195M.

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20171122_105623

20171122_103656

7 price changes: 1846 Ardsley Way 2/2 now $599K, 1327 Tahiti Dr 2/2 now $633K, 1183 Kittiwake Cir 3/2 now $824.5K, 1314 Par View Dr 3/2 now $825K, 1114 Captains Walk St 3/3 now $949K, 1730 Jewel Box Dr 4/3 now $1.695M, 514 Kinzie Island Ct 4/5 now $1.945M.

3 new sales: 714 Durion Ct 3/2 listed at $609K, 9459 Begonia Ct 3/4 listed at $639K, 4155 West Gulf Dr 4/3 listed at $4.295M.

No closed sales:

LOTS

No new listings.

1 price change: 5633 Baltusrol Ct now $349K.

1 new sale: 1299 Par View Dr listed at $241.5K.

No closed sales.

 

Captiva

CONDOS

1 new listing: Beach Cottages #1403 2/2 $1.195M.

1 price change: Marina Villas #610 2/2 now $750K.

3 new sales: Tennis Villas #3220 1/1 listed at $298K, Tennis Villas #3223 1/1 listed at $305K, Lands End Village #1660 3/3 listed at $1.625M.

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.

Enjoy your weekend! Susan Andrews, aka SanibelSusan

Fall Weather Is Here – on Sunny Sanibel


Sanibelsusan Logo

 

 

Yippee, SanibelSusan is happy to report that fall weather really has arrived on Sanibel and Captiva Islands. The high yesterday was only in the low 70’s. Temperatures from now through Thanksgiving are forecast to be in the 60’s at night, topping out in the mid- to high-70’s during the days – perfect weather for the holiday and enjoying the islands.

SanibelSusan Realty Associates

We had another flurry of office activity this week – more listings opened for showing, more open houses, more inquiries. Most years, real estate sales are slow during the holidays – from Thanksgiving until the 1st week in January. Maybe this year will be the different. The island already is filling up with Thanksgiving week visitors and vacationers.

Sanibel & Captiva Islands Association of Realtors®

San Cap LogoYesterday was the Association’s November general membership meeting, held following an 8 a.m. breakfast at The Sanctuary Clubhouse. Sponsor was Simmons Law Firm. Speaker was Rae Ann Wessel, Sanibel-Captiva Conservation Foundation (SCCF) Natural Resource Policy Director.

These breakfast meetings always have a big turn-out and yesterday was no exception. President Joel Goodman announced that the “Fall Into Christmas” fundraiser for Friends Who Care was a big success. By the end of the meeting, additional cash donations for that charity had jumped to almost $3,800.

With “season” here, many new listings were announced, not many sales, but 19 properties were open for the morning caravan that followed the meeting. I viewed a stunning one overlooking Clam Bayou with amazing water and sunset views. (If you are here “in season”, you can usually plan on seeing new listings open Thursday mornings from 9 a.m. until noon. Because of increased winter traffic, the schedule rotates from east-end to west end. With Thanksgiving being next week, the next event is Nov 30 – east end when our new listings on Anchor Drive and at Mariner Pointe will be open.

The activity posted in the Sanibel/Captiva Multiple Listing Service since last Friday follows a few news items below.

Sanctuary Scoop

sanctuary golf club logoSanctuary Club General Manager & COO, Ken Kouril gave attendees an update on membership. As he said, “if you build it, they will come”.

The Sanctuary is a member-owned club, offering a golf course, racquet sports, fitness, wellness, and an elegant clubhouse with dining and social activities. Club members need not be residents of The Sanctuary neighborhood. Ken advised that last “season” they expected to sell 20 memberships, but sold 32. This year, just two months into season another 17 are gone. It’s definitely a popular spot!

Their premiere offering, the Equity Membership privileges include access to all Club facilities (which were refreshed, remodeled, and renovated summer 2016), a par-72 Championship Arthur Hills-designed golf course, driving range, short game area, putting green, chipping area, golf lessons, priority tee times, and tournament play, a 50,000-sq.ft. clubhouse, world-class dining, four Har Tru tennis courts, four Pickleball courts, and a 5,000-sq.ft. Wellness Center with a sports pool. The Wellness Center includes an 1,800-sq.ft. equipment room housing state-of-the-art cardio and strength training equipment, a dedicated stretching room, a 900-sq.ft. group exercise room for Pilates, yoga, and similar activities, comfortable well-appointed rooms for massage therapy, and a locker room area. Equity members have voting and redemption rights and hold an Equity position in the Club.

SCCF & Water Quality Update

SCCF logoRae Ann’s slide presentation included a progress report of the status of the EAA (Everglades Agricultural Area) reservoir which works with the CEP (Central Everglades Project). The project was approved by voters in 2000, but now 17 years later, it still has not been built. She noted an earlier FloridaRealtors® study on how water quality affects real estate values, not just within the Caloosahatchee Estuary area, but also inland.

The huge amount of water Florida received this summer, mostly thanks to Hurricane Irma, surpassed all records since those first recorded in 1947. The dark excess freshwater observed near the mouth of the Caloosahatchee River, particularly in the bay, resulting from Irma, illustrates how badly alternative outlets and additional water storage areas are needed.

Here’s a little history about Lake Okeechobee and its surrounding dike (thanks to Wikipedia): In the 1910’s the Herbert Hoover Dike was constructed around Lake O. Originally, it was just a small earthen dike. The containment was breached by a storm surge from the Great Miami Hurricane in 1926 and the 1928 Okeechobee Hurricane, killing thousands. After those disasters, Florida State Legislation created the Okeechobee Flood Control District which was authorized to cooperate with the U.S. Army Corps of Engineers in flood control.

After a personal inspection by President Herbert Hoover, the Corps drafted a new plan which provided for the construction of floodway channels, control gates, and major levees along Lake Okeechobee’s shores. A long-term system was designed for flood control, water conservation, prevention of saltwater intrusion, and preservation of fish and wildlife.

In the 1930’s a larger system of levees was built around the lake. Following heavy rain and flooding from two hurricanes in 1947 (the last time as much rain hit Florida as this year), the dike again was expanded. That expansion in the 1960’s created the current Herbert Hoover Dike. The dike almost completely encloses the lake. The dike now is about 30 feet high on average, but is falling into disrepair.

As SCCF reports, progress is being made on Everglades restoration projects critical to opening the southern end of the Everglades to move water south. Passage of the bill to establish the EAA reservoir will work in tandem with these projects to add water storage capacity south of Lake O to feed needed water to the Everglades and Florida Bay currently dumped to the estuaries.

While the EAA Reservoir does not solve all the problems, it is a major step forward and initial planning for the project has begun. Committee work for the next Florida legislative session also already has begun with the session opening on January 9 (two months earlier than normal because of the upcoming election year). SCCF has a legislation tracker at http://www.sccf.org/our-work/natural-resource-policy/sccfs-2018-legislative-session-tracker. Please follow the legislation and whenever a “call to action” is requested, please act. We all need to stay involved in Florida’s water.

Upcoming Events

Thanksgiving 2017Annual Sanibel Thanksgiving Celebration – You-know-who is singing with the BIG ARTS Community Chorus. Hope to see you there. Sunday, Nov 19, at 6:45 p.m. at The Community House with music and song. Sanibel School’s Seahorse Chorale also is singing. Free admission, but please bring a donation for FISH of San-Cap.

Fit-4-Life 10-Year Celebration – Monday, Dec 4 from 3 to 5 p.m. at the Sanibel Rec Center, with music, dancing, photo booth, bounce house, drawings, facility tours, cupcakes, and video.

Holiday Tips from LCEC

Lcec logoFour important tips to keep your spirits bright!

  1. Before you plug in lights, check for frayed wires, damaged sockets, & insulation gaps. Toss & replace any that are damaged.
  2. Consider LED lights which are cooler & more energy efficient.
  3. Don’t overload outlets or extension cords.
  4. Turn off all lighting before leaving the property or going to bed.

Top 10 Airlines Serving Southwest Florida

logo-rswHere’s a little info about the top ten airlines serving Southwest Florida (from the Oct/Nov 2017 “Gulfshore Business” magazine). All of the airlines mentioned below fly out of Southwest Florida International Airport (RSW), except Allegiant (Punta Gorda Airport). Their number of passengers to Southwest Florida and their headquarters, follow their name.

  1. Delta, 1.9 million, Atlanta
  2. Southwest, 1.8 million, Dallas
  3. American, 1.23 million, Ft Worth, TX
  4. Allegiant, 992,990, Las Vegas
  5. JetBlue, 981,000, New York
  6. United, 725,000, Chicago
  7. Spirit, 600,000, Ft Lauderdale
  8. Frontier. 383,000, Denver
  9. Air Canada, 164,000, Montreal
  10. Sun Country, 132,000, Minneapolis

2018 Sanibel Beach Parking Permits Available Now

parking-on-sanibel

On Wed, the 2018 Sanibel Beach Parking Permits became available at the Sanibel Recreation Center. To qualify for one, bring a valid vehicle registration for each vehicle AND a valid government-issued identification. A driver’s license showing a Sanibel address or proof of Sanibel property ownership is required to buy a resident/property owner “A” sticker.

2018 Parking Permit Decals & Fees (permits valid through 11/30/2018) include:

“A” resident/property owner permit $12 (resident &/or Sanibel ad valorem taxpayer property owner

“B” non-resident permit $124 (non-Sanibel ad valorem taxpayer property owner)

“C” restricted permit $90 (resident & non-resident)

“A/C” resident/property owner permit $102

“B/C” non-resident permit $248

Decal transfer or reissue fee $3 (residential & restricted)

General parking meter rate $5 per hour or any fraction

General parking at $5 per hour or “C” permit required for parking at Gulfside City Park (Algier’s) & the Sanibel Boat Ramp

“A” permit parking only at Beach Access Lots 1 through 7 on West Gulf Dr.

More details on www.mySanibel.com. (The Rec Center is open Mon through Thur 6:30 a.m. to 8 p.m; Friday 6:30 a.m. to 6:30 p.m.; Sat 8 a.m. to 5 p.m.; Sun 12 p.m. to 5 p.m.

Rec Center memberships are available too – daily, weekly, semi-annual, and annual.

Sanibel & Captiva Multiple Listing Service Activity November 10-17, 2017

sancap GO MLS logoSanibel

CONDOS

7 new listings: Mariner Pointe #122 1/1 $410K, Mariner Pointe #533 2/2 $499K, Mariner Pointe #1061 2/2 $599.9K (our listing), Lighthouse Point #321 2/2 $699K, Pointe Santo #D6 2/2 $699.9K, Sand Pointe #111 2/2 $715K, High Tide #C201 2/2 $1.045M.

Lanai a

Mariner Pointe #1061 lanai

 

3 price changes: Breakers West #A5 2/2 now $498K, Compass Point #192 2/2 now $1.195M, Bandy Beach #A101 3/2 now $1.299M.

1 new sales: Sanibel Arms West #G8 2/2 listed at $499K.

1 closed sale: Tarpon Beach #A102 2/2 $730K.

HOMES

12 new listings: 1394 Middle Gulf Dr 3/2 half-duplex $524.9K, 1342 Junonia Sr 3/3 $699K, 3358 Saint Kilda Rd 3/3 $979K, 1195 Par View Dr 3/2.5 $1.095M, 205 Hurricane Ln 3/2 $1.195M, 478 Sea Oats Dr 3/3 $1.295M, 1277 Par View Dr 4/3.5 $1.299M, 534 N. Yachtsman Dr 3/2 $1.395M, 805 Sand Dollar Dr 4/3 $1.449M, 2984 Wulfert Rd 3/3 $1.9M, 6021 Sanibel-Captiva Rd 4/3/2 $2.75M, 5615 Baltusrol Ct 4/6/3 $3.695M.

9 price changes: 1040 Sand Castle Rd 3/2 now $578K, 5306 Umbrella Pool Rd 4/3 now $799K, 1114 Captains Walk St 3/3 now $949K, 2313 Wulfert Rd 3/3 now $995K, 932 Whelk Dr 3/3 now $1.249M, 2190 Starfish Ln 3/3 now $1.395M, 1525 San Carlos Bay Dr 3/2 now $1.695M, 6192 Henderson Rd 4/4 now $1.949M, 4649 Rue Belle Mer 3/2.5 now $2.595M.

3 new sales: 545 Piedmont Rd 3/2 listed at $595.9K; 673 East Rocks Dr 3/2 listed at $688,888; 1312 Par View Dr 3/2 listed at $695K.

No closed sales:

LOTS

1 new listing: 4565 Bowen Bayou Rd $229,555.

No price changes, new sales, or closed sales.

Captiva

CONDOS

3 new listings: Captiva Shores #4B 3/2.5 $1.495M, Beach Homes #6 3/3 $2.499M, Sunset Captiva #302 4/3 $3.275M.

No price changes.

1 new sale: Beach Homes #7 2/2 listed at $1.795M.

No closed sales.

HOMES

1 new listing: 11506 Wightman Ln 3/3 $1.45M.

1 price change: 1121 Schefflera Ct 4/4.5 now $5.6M.

2 new sales: 11461 Old Lodge Ln 2/2 listed at $1.025M, 11500 Gore Ln 3/2 listed at $1.295M.

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.

Thanksgiving wordsHappy Thanksgiving!

Susan Andrews, aka SanibelSusan

Veterans Day Weekend on Sanibel


Today On Island 11-10-17

It’s Susan with your Friday news from The SanibelSusan Team. After recent reports about the weather up north, you may not want to hear that it has been another week of wonderful weather here. (Photo above taken today. It doesn’t get much prettier!) Temperatures topping out in the low 80’s and cooling into the 60’s at night is near- perfect to many locals. We hope it continues.

The roadways and bike paths continue to fill up, so though we are not quite into “season”, it is getting close. I heard the first “the traffic is awful” comment this week. That very well may be the norm this winter. With so many resort areas in Southern Florida and the Caribbean recovering from the summer storms, I bet Sanibel and Captiva are more popular than ever this winter. Many vacation rental properties already report that they are “fully booked” for season.

At the Sanibel & Captiva Island Association of Realtors®

Sanibel realtors logoWed evening from 5 to 7 p.m., the Sanibel/Captiva Association of Realtors® “Fall Into Christmas” benefit for Friends Who Care was a huge success. Member attendees and their families and guests came with unwrapped toys, gift cards, and check/cash donations. With close to $3,000 collected as well as a tree full of toys, these contributions will be delivered to this local non-profit before their toy sorting and wrapping event at The Community House on Dec 19. Deliveries then will be made by Kiwanis Santas on Dec 23.

It sure was fun and rewarding to spearhead such an event. Thank you to event sponsors: American Momentum Bank, Barrier Island Title, Dorado Property Management, Florida Community Bank, Private Client Insurance Services, Rosier Insurance, Seacoast Cottage Company, Superior Title, and Tru-Clean Carpet and Tile Care.

Thanks too to Danny Morgan who provided the music and Jim Anderson the photos, while many Realtors and affiliate business partners helped behind the scenes, especially our hardworking committee members, aka Santa’s elves.

Fall Into Christmas

Yesterday was the first “east end” Caravan of the now-weekly schedule. Thirteen new listings were open for viewing, with several other new listings announced too, but only a handful of new sales.

Next week is “west end” caravan, followed by Thanksgiving, so the next “east end” caravan is not until Nov 30. We will have our new Anchor Drive listing open then.

A weekly report after a few news items below, covers the action posted in the Sanibel and Captiva Islands Multiple Listing Service since last Friday.

Upcoming Events

Memorial Day Eagle FlagVeterans Day Ceremony – Tomorrow, Saturday, Nov 11, on the grounds of Sanibel City Hall at 10:45 a.m.

Taste of the Islands – CROW’s 36th annual fundraiser, this year called “A Taste of CROW at Taste” is Sunday, Nov 12, from noon to 5 p.m. at the Sanibel Community House and Park, right across the street from our office. The new twist this year is the opportunity to attend programs and visit some of the animal ambassadors. Bring your lawn chairs, but no pets, as wildlife will be there this year. Tickets are $7 for adults. Free for children up to 12. The trolley starts at 11 a.m. with parking available at Bank of the Islands, Sanibel-Captiva Trust Company, and the Post Office. Starting at 1 p.m., parking also is available at the three near-by churches.

crow 36th tasteInside the Community House, at 12:30 p.m., 2 p.m. and 3 p.m., CROW will have animal ambassador presentations with Bashful (a Virginia opossum), Sheldon (the gopher tortoise), Lola (an American Kestrel), and Violet (an Eastern Indigo snake). Also at The Community House, attendees may purchase from the popular Adopt-A-Species program. Some of the species offered for adoption include a bald eagle, sea turtle and gopher tortoise. A silent auction in The Community House will be ongoing until 4:30 p.m.

Outside, fourteen restaurants are participating in the event and looking for your votes. Dishes will range in price from $1 to $6 and can be purchased with CROW bucks. Beer, wine, and margaritas will be available, plus a variety of music by LCEC Killa-Watts will entertain all afternoon.

give-thanksAnnual Sanibel Thanksgiving Celebration – Sunday, Nov 19, at 6:45 p.m. at The Community House. Free admission. A non-denominational program with music and song by the BIG ARTS Community Chorus and Sanibel School’s Seahorse Chorale. Following the celebration, cookies and apple cider donated by Bailey’s General Store and Jerry’s Foods. Guests are encouraged to bring a donation for FISH of San-Cap.

To Addendum Or Not to Addendum?

Florida Realtors logoThose of you who know me well, know that I am conservative and a stickler for detail. Some good examples are offered in the below article posted on-line Nov 6 at FloridaRealtors®.org. It is by Meredith Caruso, Manager of Member Legal Communications for Florida Realtors®.

“In an ideal world, after a buyer and seller execute a contract, things proceed seamlessly, no issues arise at all, and the parties close on their agreed-upon closing date.

“The reality: While that can occur in your transactions, many times it just isn’t the case. One thing or another pops up along the way, and the parties need to change their current agreement, whether that’s an extension of a closing date or amending the contract to add a new term. Before you race to grab an addendum, though, first consider whether or not it’s actually needed. Depending on the details, it’s entirely possible you don’t need to do anything. This article considers a few different scenarios that can occur and whether or not an addendum is needed. (For purposes of this article, the Florida Realtors/Florida Bar (“FR/Bar”) contract is referenced).

“Scenario 1 – The title company handling the closing finds a lien on the property that the seller didn’t realize was there. The seller says he’ll handle it, but it probably can’t be settled on time for the agreed-upon contract closing date. Do the parties need to sign an extension for the closing date? In short, no.

“Per Standard 18A of the FR/Bar contract, the buyer is supposed to notify the seller, in writing, of any defect in the title commitment within five days after receiving it. The seller then has 30 days after receiving this notice, defined as the seller’s Cure Period, to “take reasonable diligent efforts” to remove the defect. Assuming the seller is able to fix the defect within the Cure Period, the seller needs to notify the buyer in writing, along with proof of the cure acceptable to the buyer, and the parties should proceed to closing.

If the closing date has passed during the 30-day cure period, the closing is to take place “within 10 days after buyer’s receipt of seller’s notice.” In this example, there’s no need for the parties to sign an extension since the contract already addresses how the closing should proceed in the event of a title defect.

“Scenario 2 – The buyer and seller have an “As-Is” version of the FR/Bar contract. The buyer performs her inspection and decides she wants to ask the seller for repairs. The buyer’s agent emails the listing agent to ask about the seller’s willingness to make repairs. The seller verbally indicates he is willing to fix the some of the items the buyer is asking about – but not all. Is an addendum needed? In short, it probably is.

“It could be an addendum extending the inspection period so the parties can further negotiate the repairs, or it could be an addendum to address the agreed upon repairs. In either case, the parties should have something in writing. It’s not a good idea to rely on verbal representations about a party’s willingness to make repairs; and it’s not a good idea to think that simply inquiring about repairs provides more time or an automatic extension of the inspection period. The seller could refuse to honor the repairs later and the buyer likely would have little recourse.

“Additionally, there is no “pause button” on your inspection period clock. Even if the parties are negotiating repairs, the clock is still ticking. If the buyer can’t get an agreement in writing with the seller about the repairs or an extension for the inspection period, she will need to decide whether to cancel the contract before the inspection period ends or her deposit could be at risk.

“Scenario 3 – A hurricane sweeps across Florida. While the property isn’t damaged, power is out around the state and the title company doesn’t have any power to conduct a closing on the agreed-upon contract closing date. Do the parties need to get an addendum to extend the closing date? In short, no.

“Standard 18G addresses this scenario and states, in sum, that neither party will be required to perform any obligations under the contract when the non-performance is due to Force Majeure. All time periods will be extended “a reasonable time up to 7 days after” such Force Majeure no longer prevents performance. So, in this example, the parties should close within 7 days after the title company regains power and can process the closing. No addendum is necessary since the contract already addresses what happens when a defined Force Majeure event prevents performance.

“Note: It’s important to keep in mind that all contracts are different, and the above examples are specific to just one contract. In general, when in doubt over whether an addendum is necessary or not, look to the contract provision that covers the issue. Many times, these types of “what if” scenarios are considered by the contract terms and can save the agent from taking additional – and possibly unnecessary – steps.”

Sanibel & Captiva Multiple Listing Service Activity November 3-10, 2017

sancap GO MLS logoSanibel

CONDOS

4 new listings: Coquina Beach #3C 2/2 $449K, Sundial West #G206 1/1 $509.5K, Sanibel Arms West #H2 2/2 $529K, Gulfside Place #323 2/2 $1.498M.

5 price changes: Loggerhead Cay #434 2/2 now $629K, Cottage Colony West #132 1/1 now $654.9K, Cottage Colony West #108 1/1 now $654.9K, Snug Harbor #312 3/2 now $672.5K, Shorewood #1C 3/2 now $875K.

3 new sales: Coquina Beach #5B 2/2 listed at $399K, Sundial West #H409 1/1 listed at $465K, Blind Pass #B207 2/2.5 listed at $499,997.

3 closed sales: Mariner Pointe #811 2/2 $420K, Sunset South #6D 2/2 $470K (our listing), Cottage Colony West #138 1/1 $570K (our sale).

HOMES

9 new listings: 1717 Atlanta Plaza Dr 2/2 $472K, 1057 Seahawk Ln 3/2.5 $699K, 700 Nerita St 3/2 $725K, 5430 Osprey Ct 3/3 $839K, 5280 Ladyfinger Lake Rd 3/2 $895K, 734 Anchor Dr 3/2 $999K (our listing), 2190 Starfish Ln 3/3 $1.3959M, 4992 Joewood Dr 3/3.5 $1.595M, 3757 West Gulf Dr 4/4 $7.595M.

Dock c

Dock at 734 Anchor Dr

 

6 price changes: 9292 Kincaid Ct 3/2 now $499K; 1040 Sand Castle Rd 3/2 now $599K; 673 East Rocks 3/2 now $688,888; 563 Hideaway Ct 3/2 now $724K; 900 Almas Ct 3/3.5 now $1.199M; 2939 Wulfert Rd 5/5/2 now $1.445M.

1 new sale: 3869 West Gulf Dr 6/7/2 listed at $8.495M.

5 closed sales: 2489 Harbour Ln 3/2 $670K, 419 Lighthouse Way 4/3 $797.5K, 6081 Henderson Rd 3/2 $740K, 2628 Coconut Dr 3/2.5 $1.2245M, 5639 Baltusrol Ct 4/4.5 $1.695M.

LOTS

No new listings or price changes.

1 new sale: 461 Lake Murex Cir listed at $349K.

No closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

2 new listings: 48 Oster Ct 2/2.5 $865K, 56 Sandpiper Ct 2/2.5 $889K.

1 price change: 11559 Laika Ln 2/2/2 now $5.995M.

1 new sale: 14865 Mango Ct 2/2 listed at $929K.

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.

Always Remember… Veterans… on Veterans Day & every day!flag-p-sm

Susan Andrews aka SanibelSusan

 

Friday the 13th on Sunny Sanibel


ShellsIt’s SanibelSusan, reporting another week of progress on sunny Sanibel Island. More storm debris piles have disappeared, more cars are on the roadways, many of the establishments closed in September have reopened, and the shelling continues to be fantastic.

Several of our listings had inquiries this week. Both teammate Dave and I have been out showing property, while teammate Elise’s report below of the action posted in the Sanibel/Captiva Islands Multiple Listing Service show that the only two Sanibel condo sales this week were at SanibelSusan Realty. You know we are thankful for that! Otherwise a slow week. The other island sales include two Sanibel homes and a single Captiva condo.Friday 13th

The island is experiencing periodic outages of both internet and phone service this afternoon, so this weekly update is short.

(Maybe related to Friday the 13th?).

Sanibel & Captiva Islands Association of Realtors\

Sanibel realtors logoAt the Thursday morning Caravan meeting yesterday at the islands’ Association of Realtors®, there were just a handful of new listings announced, but attendance was up with many affiliates and agents there.

Everyone is ready for “season” to begin.

Upcoming Events & Re-Openings

ding darling 2017“Ding” Darling Days – Beginning on Sunday, Oct 15, with “Free Family Fun-Day” including live wildlife presentations, a traveling learning lab, butterfly house, wildlife arts and crafts, free Wildlife Drive admission and tram tours, plus hot dogs. During all of next week, there are birding, biking, paddling, and boating tours, plus special daily programs. It wraps up next Saturday, Oct 21, with “Free Conservation Art Day” where attendees can meet Federal duck stamp artists and enjoy cartooning, nature photography, wood-carving demo. Free Wildlife Drive admission that day too. See full calendar of events at www.dingdarlingdays.com.

Museum LogoSanibel Historical Village and Museum – Reopens Tuesday, Oct 17, and will be open Tuesdays through Saturdays from 10 a.m. to 4 p.m. Guided tours are at 10:30 a.m. and 1:30 p.m.

Water Quality Presentation – On Tuesday, Oct 24, from 10:30 to 11:45 a.m. hosted by the Environmental Awareness Committee of the Captiva Island Yacht Club. Panel presentation and discussion called “Sanibel-Captiva Current Beach Water Quality Issues”.

Captiva yacht clubPanelists include James Evans, Director of City of Sanibel’s Department of Natural Resources; Dr. Eric Milbrandt, Director of the Marine Lab at the Sanibel-Captiva Conservation Foundation; and Dr. Erhard Jones, an environmental engineer and professor emeritus at the University of Wisconsin.

Hallo’Tween 2017 – Twice the fun this year at ‘Tween Waters Inn with two parties in one night: Outdoors on the Captiva House Patio, with a DJ and indoors at the Crow’s Nest with dancing to the country and rock sounds of the Gatlins.Hallo Tween 2017

Annual costume contest at midnight with a $1,000 grand price, plus more cash prizes, and lots of ‘Tween Waters Inn gifts.

$10 admission at the door.

Sanibel & Captiva Multiple Listing Service Activity October 6-13, 2017

sancap GO MLS logoSanibel

CONDOS

4 new listings: Tennisplace #E33 2/1.5 $320K, Beach Road Villa #104 2/2 $473K, Sanibel Arms #F2 1/1 $499.9K, Loggerhead Cay #153 2/2 $919.9K.

No price changes:

2 new sales: Ibis at The Sanctuary #B102 2/2 listed at $449.9K (our Listing), Cottage Colony West #138 1/1 listed at $575K (our Buyer).

Ext Front

Ibis at The Sanctuary Building B

 

 

CCW 138

Cottage Colony West at Casa Ybel Resort

 

3 closed sales: Ibis at The Sanctuary #B201 2/2 $470K, Sanctuary Golf Villages I #6-2 2/2.5 $627K, Lighthouse Point #327 3/2 $815K.

HOMES

8 new listings: 915 Palm St 3/2 $475K, 5292 Umbrella Pool Rd 3/2 $569K, 1550 Centre St 4/3 $715K, 9446 Beverly Ln 3/3.5 $899K, 5690 Sanibel-Captiva Rd 3/3 $996K, 1304 Eagle Run Dr 3/3 $1.2M, 529 Lighthouse Way 3/3 $1.295M, 1255 Isabel Dr $1.795M.

4 price change: 1710 Sand Pebble Way 3/2 now $659K, 1350 Middle Gulf Dr 3/3 half-duplex now $899.9K, 1743 Venus Dr 4/3.5 now $1.67M, 2167 Starfish Ln 4/4.5 now $2.195M.

2 new sales: 981 Sand Castle Rd 3/2.5 listed at $499K, 5305 Umbrella Pool Rd listed at $579K.

3 closed sales: 1311 Sand Castle Rd 3/2 $750K, 931 S Yachtsman Dr 4/3.5 $800K, 732 Windlass Way 4/3.5 $1.05M.

LOTS

1 new listing: 1028 Bayview Dr $2.195M.

2 price changes:  Lot 27, Leisure Acres now $79.9K, 667 Birdie View Pt now $345K.

No new sales.

1 closed sale: 6159 Starling Way $610K.

Captiva

CONDOS

No new listings.

1 price change:  Bayside Villas #5228 1/2 now $419.5K.

1 new sale: Beach Homes #8 3/2 listed at $2.625M.

2 closed sales: Tennis Villas #3118 1/1 $250K, Beach Villas #2517 1/1 $475K.

HOMES

1 new listing: 38 Sea Hibiscus Ct 2/2 $1.049M.

No price changes or new sales.

1 closed sale: 11500 Chapin Ln 4/4.5 $1.65M.

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 weekend to all…

Susan Andrews, aka SanibelSusan

Island Life – Getting Back to Normal


It’s SanibelSusan, reporting that there has been good progress this week in getting the islands back in order post-Irma – with more owners returning, more summer projects wrapping up, and more tree debris removed from the sides of local roadways

Post Irma Recovery

Today is the 18th consecutive day of roadside debris collection with three huge trucks and one smaller one working systematically from one end of the island to the other. The latest report from the City said that sweeps will continue until every roadway (public and private) have been serviced twice. So far 40,000 cubic yards of what has been collected has been converted to mulch, with the City finalizing plans to offer it to the community free.

Yesterday bright-and-early, I was excited to have a claw truck removing the huge pile in front of my home. This is a long tedious process with piles growing and utility lines often hampering efforts, but the crew was careful and efficient.

FISH 2017 10 K raceBecause of the main debris collection site being on Island Inn Road, the City is working with F.I.S.H. to come up with an alternate route for the F.I.S.H. annual 10K fundraiser race which is scheduled for October 28. I got a call from Nicole McHale, 2017 F.I.S.H. Board of Directors Chair, asking if I could get Realtor® volunteers willing to work that morning, manning the route, particularly at driveways, to aide in runner and public safety. The call is out, with plenty of us already volunteering.

A little advice to those not back on-island yet, bring patience. Those looking for pressure/window washing contractors and screen repairmen will likely have a wait. I’ve heard that screening material now is in short supply, compounding the delay for some repairs. Last night, the local news reported that it may take months, if not years, for some cage work to be completed. Orange barricade fences are recommended where needed for safety.

I got a letter from my landscaper advising that they expect to have their customers’ properties back to normal by Christmas. So, we are thankful that island damage was minimal and look forward, with patience, to a warm and wonderful fall and winter season.

Sanibel Approves Budget; Irma Plays Big Role

santiva chronicleSanibel City Council met yesterday, below is the article posted this morning at “Santiva-Chronicle” on-line:

Sanibelcityseal logo“Sanibel will operate on a budget lower than last year in 2018 and it will include expenses from Hurricane Irma, higher beach parking rates and a 15% increase in the cost of a membership at the Recreation Center.

“The City Council gave final approval to the 2018 fiscal year budget at a special budget meeting at City Hall on Thursday, Oct. 5. Most of the budget details had been finalized in the council’s regular meeting and budget hearing on Oct. 3 and Thursday’s meeting was a formality.

“The city’s final approved budget total for fiscal 2018 is $60,033,596. It was prepared based on a millage rate of 1.9139, which is the same as last year.

“By everyone’s assessment, the City of Sanibel performed well before, during and after Hurricane Irma, which came through on Sept. 10. The massive post-Irma cleanup has been orderly, but it still goes on and it hasn’t come without a cost.

“Irma caused Sanibel to dip into its 2017 disaster relief money and that is reflected in the new budget’s beginning fund balance. The disaster reserves haven’t been restored to the 2017 level and the city anticipates that state and federal reimbursements might be a long process. The reserve for disasters is budgeted to be reduced from $4.5 million to $3.7 million due to Hurricane Irma recovery expenses.

“The budget hit from Irma is a one-time occurrence, but the city’s budget woes involving beach parking and the Recreation Center are lingering problems. The council addressed both in the meetings leading up to the final budget approval session.

“The deficit in the beach parking fund now sits at $1.8 million. At its regular meeting on Oct. 3, the council on a 4-1 vote raised the hourly beach parking fee from $4 to $5, raised the B decal for non-resident parking from $99 to $124 and the BC decal for non-resident parking with a boat from $198 to $248. The increase goes into effect Nov. 15.

“The gap to make ends meet for the Recreation Center in the tentative 2018 budget was $384,000. The cost of classes at the Recreation Center will not increase, but much is coming under the knife and membership fees are going up 15% following action by the council at the Tuesday budget meeting an in an emergency meeting Thursday just prior to the final budget hearing.

“Several citizens appeared at the Tuesday budget hearing and they were relieved when Mayor Kevin Ruane said at the top of the meeting that class prices at the Rec Center will not go up. None of them complained at the 15% increase the council arrived at after discussion.

“Ruane presented figures showing that the 15% increase will offset $105,000. He also gave figures for 5% ($35,000), 10% ($70,000), 20% ($140,000) and 25% ($175,000). Several times over the past few years Ruane has said that he believes the cost of a membership is a value not offered in other communities. Councilman Jason Maughan picked up on that theme at the Tuesday budget meeting. “We are below one-half where everyone else is,” Maughan said. “I say we raise it 25% and call it a day.” “Is there a sweet spot?” Councilman Chauncey Goss asked. Recreation Department Director Andrea Miller suggested that 10 to 15% would be a good compromise. The council decided on 15% by unanimous vote.

“The second reading and public hearing would have occurred at the Nov. 7 council meeting, but that was moved up to the emergency meeting Thursday, where it passed on a unanimous vote. Since it was an emergency action, the council is required to approve the increase through the normal process in the coming months. The effort to bring the Recreation Center back to financial fitness will also include cuts totaling $76,000 in operating expenses and $156,000 in staff reductions.

“The 2018 final budget adopted Thursday is 3.9% lower than the 2017 adopted budget of $62,468,100 and 8.43% lower than the 2017 amended budget of $65,302,567.

“While the millage rate remains the same as 2017, it will raise more tax dollars. Sanibel’s taxable property value for fiscal 2018 was assessed by the Lee County Property Appraiser at $5.05 billion, which is 6.17% higher than the final posted value in 2017.

“Ruane said Thursday that had it not been for Irma, the city could have gone to the rolled-back millage rate of 1.8132. All of the budget proceedings were to have taken place in September, but were pushed back to October by the passage of Hurricane Irma.”

Water Quality

West wind 2017-10-06.jpgPhoto above taken this afternoon at the beach in front of West Wind Inn. The beach is narrow and the water still churned up from recent rain and wind, but the water looks pretty typical for post-storm.

I had lunch yesterday with a Realtor® pal often involved in continued efforts locally to improve water quality. Many of you have seen the aerial photos showing the discolored water in the bay now. That really does happen whenever there is a big rainfall and dead vegetation is churned up, particularly in mangrove area. Now, exacerbated with Lake Okeechobee releases. According to this week’s report on www.MySanibel.com:

“As of October 2, 2017, the elevation of Lake Okeechobee was 16.47 feet. Click here to see the Current Level of Lake Okeechobee .  The Lake is currently within the Top of the High Sub-band of the Lake Okeechobee Regulation Schedule (LORS2008). The Lake level is currently 0.71 feet HIGHER than it was at this time last year and approximately 1.71 feet HIGHER than it was in 2015.

“Heavy rainfall associated with Hurricane Irma resulted in Lake Okeechobee levels rising dramatically during the past three weeks. This prompted the US Army Corps of Engineers to begin regulatory releases to the estuaries. Click here for links to weekly Caloosahatchee Conditions Reports.

“During this past week, flows at the Franklin Lock averaged 10,497 cfs, with approximately 57% of the flow coming from Lake Okeechobee. Average flows are currently more than three and half times the high-flow ecological harm threshold of 2,800 cfs establish for the estuary, resulting in very poor salinity levels throughout the estuary.

“Water clarity in San Carlos Bay and along Sanibel’s beaches are being impacted by runoff from the Caloosahatchee watershed and discharges from Lake Okeechobee. Click here to see an aerial of the current water conditions at Lighthouse Beach Park.

As my lunch friend said, it is probably inevitable that there will be a bloom of red tide this winter, if not sooner. Please stay involved in efforts to improve water quality. Red tide is a natural phenomenon, but it can be limited/prevented.\

Trump Signs NFIP Extension Into Law

NFIPOn September 8, President Trump signed a 3-month extension of the National Flood Insurance Program (NFIP) that was due to expire on September 30. The signed legislation also authorized $15.25 billion in emergency funding for disaster relief and rebuilding that includes $7.8 billion for victims of Hurricane Harvey.

The program now will remain in effect until December 8. The NFIP provides flood insurance to 5 million homeowners nationwide. Lenders require flood insurance in order to close on mortgage financing if the home is in a flood zone.

The National Association of Realtors® supports the 21st Century Flood Reform Act, H.R. 2874, which passed the House Financial Services Committee a few weeks ago. The bill would reauthorize the program for five years, encourage private insurers to enter the market, cap annual insurance premiums at $10,000, and grandfather existing rates for certain homes that are already covered and in compliance with building standards. It also would make money available for owners to elevate their homes or take other flooding precautions and enable communities to use flood mapping techniques that are more accurate than the government’s. The bill would make a number of other reforms, including improvements to the processes for owners who file a claim or want to submit an appeal. (For updates, go to www.floodsmart.gov )

36th Annual Taste of the Islands

crow 36th tasteC.R.O.W.’s (Clinic for the Rehabilitation of Wildlfe) 36th Annual Taste of the Islands will be held Sunday, November 12, at the Sanibel Community Park (across the street from SanibelSusan Realty). Gates open at 12 p.m. and close at 5 p.m. The event features live music and showcases Sanibel and Captiva Islands’ vibrant and diverse restaurant community. New this year, guests can meet CROW’s Animal Ambassadors in the Sanibel Community House.

Live entertainment will be provided by the LCEC Killa-Watts. This unique musical group started as a fundraiser a few years ago and has grown, benefiting many causes throughout the Southwest Florida community. The core Killa-Watts members have been true to the mission of making music, having some fun, and helping those in need by sharing their talent at little, or no cost to help raise funds for worthy causes. They have opened for Lee Greenwood for a Veterans fundraiser, played dozens of United Way and Chamber of Commerce events, and supported efforts to fight Cancer, Heart Disease, Diabetes, and many other worthy causes.

Admission to Taste of the Islands is $7 and children younger than 12 years of age are free. Guests purchase CROW Bucks to get their “tastes” from participating restaurants. Item prices range from one to six CROW Bucks. Admissions and CROW Bucks are available for purchase at the event and in advance through CROW’s website (click here to buy online) and can be picked up at the Will Call booth at Taste of the Islands. Proceeds from Taste of the Islands ensure CROW’s continued success in providing the highest quality care and treatment of injured, ill and orphaned wildlife through state-of-the-art veterinary care. Funds also support public educational exhibits in the Visitor Education Center. Healthy wildlife means a healthy environment for all of us. For more information about the 36th Taste of the Islands, please visit http://www.crowclinic.org/articles/36th-taste-of-the-islands.

SanibelSusan Realty Scoop

Not a lot of island real estate action this week, but we did get a few inquiries from Sellers thinking about listing for “season” and the roadways are getting busier, indicating they “are back” and inventory may increase.

Florida Realtors logoCommittee assignments for 2018 at Florida Realtors® came out this week. It looks like the old gal isn’t going to be retiring anytime soon. Committee work yields good business connections, so I am happy to serve on the state leadership team again next year. The Mid-Winter Business Meetings are the end of January, with my five committees all during a 2-day window, so it will be a quick trip to Orlando for me then. The other committee obligation in Orlando is during the annual governance meetings in August (that sure seems like a long way off, and appreciated that it’s in what’s typically a slow time here).

We are hopeful that the island will be busy this weekend with some folks celebrating a 3-day Columbus Day holiday. We’ll be working.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoNo Association of Realtors® Caravan this week. The every-other-week schedule was revised to skip two weeks because of the Association’s annual meeting at the end of October. Next Thursday, we will have our new home listing in Gumbo Limbo on Caravan.

The action posted since last Friday in the Sanibel/Captiva Multiple Listing Service is below.

Sanibel & Captiva Multiple Listing Service Activity September 29-October 6, 2017

Sanibel

CONDOS

3 new listings: Lighthouse Point #217 3/2 $499K; Blind Pass #B207 2/2.5 $499,997; Plantation Village #312 3/2.5 $1.79M.

5 price changes: Blind Pass #E205 2/2.5 now $409K, Loggerhead Cay #463 2/2 now $519K, Snug Harbor #312 3/2 now $699K, Sand Pointe #215 2/2 now $719K, High Tide #C101 now $995K.

1 new sale: Sundial West #H406 listed at $789K.

3 closed sales: Sanibel Moorings #931 2/2 $490K, 1311 Sand Castle Rd 3/2 $750K, Royale Tern #103 3/3.5 $1.43M.

HOMES

5 new listings9448 Begonia Ct 3/2.5 $699K (our listing), 585 Lake Murex Cir 3/2 $725K, 707 Cardium St 3/2 $899K, 6123 Starling Way 3/2.5 $1.2999M, 2915 Wulfert Rd 5/6.5 $3.4M.

1 price change: 8995 Mockingbird Dr 3/3.5 now $949K.

2 new sales: 655 Anchor Dr 3/3 listed at $749K, 2628 Coconut Dr 3/2.5 listed at $1.35M.

4 closed sales: 2150 Egret Cir 3/2 $505K, 9455 Beverly Ln 2/2 $525K, 587 Sea Oats Dr 3/2 $660K, 3364 Twin Lakes Ln 3/2 $670K.

LOTS

1 new listing: 6411 Pine Ave $363.5K.

No price changes.

2 new sales: 2501 Wulfert Rd listed at $183.9K, 1026 Fish Crow Rd listed at $395K.

No closed sales.

Captiva

CONDOS

3 new listings: Beach Villas #2523 1/1 $539K, Sunset Captiva #204 2/2 $1.249M, Beach Homes #18 4/3 $3.445M.

No price changes or new sales.

2 closed sales: Bayside Villas #4118 1/2 $337K, Lands End Village #1614 3/3 $2.3M.

HOMES

No new listings.

1 price change: 15831 Captiva Dr 2/2.5 now $4.975M.

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

Getting Back to Normal on Sanibel Island


It’s SanibelSusan reporting that as we wrap up another work week, I am happy to report that Sanibel is “getting back to normal.” Plenty of storm debris remains piled roadsides, particularly on side streets, but steady removal continues – seven days a week – with area landscape looking better and better day-by-day. Many of the bike paths are cleared now too.

Below are before and after photos of the enormous tree that came down at the entrance of Casa Ybel Resort during Hurricane Irma. The 1st was taken September 12, the 2nd taken this morning, September 29. It’s great to see that they were able to salvage this beauty!

The huge tree and vegetation collection area on Island Inn Road is converting much of it to mulch which soon will be offered to the public. The City continues to post post-Irma progress reports on www.mySanibel.com. It’s worth mentioning again that City efforts and their communications both before, during, and after the storm have been remarkable.

A few snowbirds and away residents have returned early to personally access their properties. Luckily, little damage, other than tree/vegetation loss, has been reported.

SanibelSusan Realty Associates

Sanibelsusan LogoHere at the office, my closing that was delayed because of the storm, closed this week. I continue to work on resuscitating offers that were in the works during the hurricanes and was happy to be out showing a couple of condos this morning.

Teammate Dave held an Open House yesterday at Loggerhead Cay, usually a busy complex even in late summer/early fall, but it was very quiet there.

Thanks to everyone for their patience as the island recovers from Irma. Thankful we are that storms like this occur in the slow time of the year. Even so, we had good listing activity this week and see things picking up.

sancap GO MLS logoOverall inventory is low. The below table shows the statistics today from the island MLS. Prices are holding their own and increasing in many products. I bet the combination of early arrivals and northern weather already turning contributes to an early boost in “season” sales. The highest number of island sales traditionally are last quarter, followed by first quarter – or right around the corner. The action posted in the Sanibel & Captiva Islands Multiple Listing Service (MLS) since last Friday follows a couple of news items below.

                                          Sanibel                           Captiva

No,      Avg $ Price         No.    Avg $ Price

CONDOS        

For sale 9/29                   80         704,202               19      1,278,361

Under contract               11          858,036              5        812,000

Sold 2017 thru 9/29       104      747,663                 27     624,933

Sold 2016                         143      717,768                 22      873,636

HOMES

For sale 9/29/17               110      1,453,940             28      3,551,940

Under contract                22        1,129,191             2        3,647,500

Sold 2017 thru 9/29         151      1,015,454            20       2,565,475

Sold 2016                           181      979,576               27       3,195,000

LOTS

For sale 9/29/17                 54       472,741                1        2,195,000

Under contract                  2         419,000                0        N/A

Sold 2017 thru 9/29          26       321,608                2        2,312,500

Sold 2016                            25       487,095               2        3,150,000

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

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoNo Caravan meeting this week at the Association of Realtors® as the summer every-other-week schedule continues until our Annual Meeting on Oct 26. Then, it reverts to every Thursday and continues through “season”.

The “Totes of Hope” packaged last Thursday were delivered and well-received in hard-hit areas in South Florida and the Keys over the weekend. Next week, the Communications and Public Relations Committee will finalize plans for an upcoming early November fundraiser for “Friends Who Care” as the Association continues their “Working Together to Make a Difference” campaign.

Re-openings

bleu rendezBleu Rendez-Vous French Bistro – Reopens for dinner at 5 p.m. on Thursday Oct 5.

Island Cow – Reopened this morning.

Sanibel Farmers Market – reopen for its 10th season on Sunday Oct 1 and will continue every Sunday through the winter from 8 a.m. until 1 p.m. It’s on the grounds of Sanibel’s City Hall and has grown to about 40 vendors. This year, Local Roots LLC, has added a 9th market to their busy schedule. This one will be at Captiva’s South Seas Resort every Tuesday from December 19 through April 3 from 9 a.m. to 1 p.m. They expect to have 20 vendors at that market. Go to www.BuyLocalLee.com for a complete schedule of all their markets.

Traders Store & CafeTrader’s Gulf Coast Grill & Gifts – reopens Monday Oct 1 for the annual Shell Museum Island Dinner fundraiser, this year called a “Cephaloparty” (A cephalopod is any mollusk of the class Cephalopoda, having tentacles attached to the head, including the cuttlefish, squid, nautilus, and octopus.) Tip your favorite celebrity at www.ShellMuseum.org.

Planning Ahead – Pickleball Classic

Pickelball classicThe 1st annual Sundial Beach Resort & Spa Pickleball Classic will be on the resort’s 12 new state-of-the-art courts on November 3-5. It will include men’s doubles, women’s doubles, and mixed doubles with skill and age-level placement. Contact the resort for more details https://sundialresort.com/play/pickleball-classic/

Long-Term Mortgage Rates Unchanged: 30-year at 3.83%

associated-press-logoGood news for those needing a mortgage. The below article was posted yesterday by the Associated Press and reposted by Florida Realtors® on-line:

“Long-term mortgage rates were unchanged this week: The 30-year fixed-rate mortgage remained at 3.83%; the 15-year home loan, popular among homeowners who refinance their mortgages, stayed at 3.13%, mortgage buyer Freddie Mac said Thursday.

“Rates on long-term home loans typically track the yield on 10-year Treasury notes, which barely budged this week.

“Two weeks ago, the 30-year mortgage hit a low for the year before bouncing back up last week. So far this year, the 30-year rate is running above last year’s average of 3.65%.

“Freddie Mac says the rate on adjustable five-year mortgages blipped up to 3.20%, from 3.17%. To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week. The average doesn’t include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1% of the loan amount.

“The average fee for a 30-year mortgage rose to 0.6 point from 0.5 point. The fee on 15-year home loans remained at 0.5 point. The fee on an adjustable five-year mortgage rose to 0.5 point from 0.4 point.”

Sanibel & Captiva Multiple Listing Service Activity September 22-29, 2017

Sanibel

CONDOS

3 new listings: Sundial West #C306 1/1 $435K, Sanibel Moorings #941 2/2 $59K, Sanibel Moorings #612 2/2 $565K.

4 price changes: Seashells #40 2/2 now $354.9K, Pointe Santo #C34 1/1 now $589K (our listing)Sand Pointe #122 2/2 now $699K (our listing), Tamarind #B202 2/2.5 now $1.69M.

View 2.jpg

View from Pointe Santo #C34

 

3 new sales: Donax Village #3 2/2 listed at $438.5K, Blind Pass #F108 3/2 listed at $594.9K, Tarpon Beach #102 2/2 listed at $749K.

2 closed sales: Blind Pass #F106 2/2 $385K, Sand Pointe #113 2/2 $683K.

HOMES

No new listings:

4 price changes: 981 Sand Castle Rd 3/2.5 now $499K, 714 Durion Ct 3/2 now $609K, 998 Fish Crow Rd 3/2 now $659K, 1672 Hibiscus Dr 3/2 now $1.35M.

4 new sales: 976 Sand Castle Rd 3/3 half-duplex listed at $489K, 419 Lighthouse Way 4/3 listed at $797.5K, 485 Lake Murex Cir 3/2 listed at $1.075M, 3728 West Gulf Dr 5/5 listed at $2.395M.

1 closed sale215 Palm Lake Dr 3/2 $630K (our Buyer).

LOTS

Nothing to report.

Captiva

CONDOS

No new listings.

1 price change: Lands End Village #1665 2/2 now $975K.

No new sales.

1 closed sale: Beach Villas #2525 2/2 $620K.

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.

2017-09-22 Pink clouds2017-09-23 Sanibel morning

Until next Friday, wishing you happy days, nice weather, & fabulous sunrises, sunsets, & all times in-between.

Susan Andrews, aka SanibelSusan

Island Life After Irma


2017-09-11 beach2.jpg

Beach looking good 9/12/2017

 

SanibelSusan Team members were all back at their posts Monday morning and island life is returning to normal. Thanks to quick service by Dan from Tru-Clean, Inc. Carpet & Tile Care, our office carpet now looks better than it did pre-storm. 2017-09-19 TruClean

Local schools still don’t go back until Monday, with county education leaders now altering the school calendar to make up the 2+weeks lost. Both the Sanibel Recreation Center and the Sanibel Sea School provided free childcare programs this week for families working and assisting in recovery efforts.

As of the City’s Hurricane Irma report last night, just one reported property remains without power, while debris pickup continues. Roadside collections by claw trucks will be seven days a week beginning at 7 a.m. until all is removed. Some of the piles are huge, many reappearing as soon as debris is removed. Care, caution, and patience are needed traveling roadways and bike paths (most paths are not passable).

The Thurs City report also indicates that inspections of the public canals have been completed. The private canals are next, as the City finalizes plans for removing canal storm debris. They are thinking of everything.

If any good comes from an event like this, it’s the amazing comradery – neighbors helping neighbors & helping strangers too. We all owe a debt of gratitude to City workers, utility crews, and the many contractors that have come from near and far to assist in making homes and businesses livable again. The lessons learned from Hurricane Charley probably assisted in making this recovery smooth.

Thank you, Mayor Ruane, City Council, City Manager Zimomra and staff. With power back on and us again able to watch the news, many areas in Florida are not as fortunate as Sanibel. I sure am glad I live here.

SanibelSusan Realty Associates

2017-09-12 Office

Open & ready for business 09/12/17

Here at the office, we still are working on getting a sale closed that was scheduled on the Friday before the storm. Fingers crossed that it happens on Monday. The two offers that were in negotiations pre-storm didn’t make it, but I’m hoping to fan some life into them as recovery here continues.

 

Our new listing at Sunset South was open yesterday morning for Realtor® Caravan and we have had a few inquiries and showings this week too. The action posted in the Sanibel and Captiva Islands Multiple Listing Service since Sept 1 are posted after a couple of news items below.

(Note this activity covers a 3-week period, since we were without internet service the last two Fridays. Pretty slow real estate market during those weeks, just one new sale, a Sanibel condo. No sales on Captiva.)

Sanibel & Captiva Islands Association of Realtors®

Monthly Membership Meeting

Yesterday morning was the September Membership Meeting for the islands Association of Realtors®. Plenty of affiliates, sales associates, and brokers were in attendance to share post-Irma experiences and to hear guest speaker, Maggi Feiner, President and CEO of F.I.S.H. of SanCap.

2017-09-21 Maggi

Maggi Feiner speaking at the Assoc 09/21/17

F.I.S.H. is a unique comprehensive human-services organization focused for over 30 years on “neighbors helping neighbors” on Sanibel and Captiva Islands. Their mission is to lend a helping hand to those who live, work, and visit here. Their vision is to enrich the lives of those on the islands through an array of food programs, island-based workshops, and social services. Their many different programs, services, and workshops, are supported by full-time social workers, administrative professionals, and a team of volunteers.

 

Maggi shared some F.I.S.H. statistics from 2016 when they had 14,399 requests for help and provided assistance to 2,272 individuals. Most island needs or the individuals most at-risk and needing help are youth and seniors. The F.I.S.H. backpack program operates not just when schools are in session, but 52 weeks a year. They also offer after-school education, and one-on-one tutoring. They help with those needing eyeglasses too and their partnership with Sanibel Rec offers summer assistance.

Maggi advised that 53% of F.I.S.H. funding comes from individual donations, 27% comes from grants. She thanked Association members for their continued contributions, food donations, our recent Meals-of-Hope food-packaging event, their support for the annual “10K Race 4 F.I.S.H.” (coming up Oct 18) and F.I.S.H. Celebration, and for volunteering.

Toiletries for Hurricane Irma Victims

 Yesterday afternoon Sanibel/Captiva Islands Association of Realtors® staff and members of my Communications/Public Relations Committee bagged up donations that the Assoc had collected pre-Irma. We prepared 130+individual gallon zip-lock bags each with an assortment of toiletries, hair and shaving products, flashlights/batteries, socks, first aid and sewing kits, & more. In combination with food, water, and paper goods, also collected by off-island Realtors® and their friends, it all will be delivered to Hurricane Irma victims.

2017-09-21 Assoc.jpg

Big thank you to all who contributed and Realtor® helpers Deb Gleason, Kelly Huguenin, and Cathy Lewis, our Assoc Executive/CEO Bill Robinson and MLS Director Matt Alston. Realtor® Jay LaGace with LaGace Partners, ReMax Realty Team, Cape Coral coordinated efforts and provided a drop-off point with multiple vehicles and trailers to deliver the goods.

Hurricane Irma Strikes Refuge

ding darling goose logoThe following two articles are from the “Ding” Darling Wildlife Society Newsletter dated Sep 14, 2017:

“Hurricane Irma struck a lighter blow (reported winds of up to 80 mph) than expected to Sanibel Island on September 10. Extensive vegetation damage on Wildlife Drive and Calusa Shell Mound Trail will keep the

Refuge closed for an undetermined length of time, reports Supervisory Refuge Ranger Toni Westland. “It will take days with our limited staff, but it will make us stronger,” she said.

“Toni added that the storm seems to have had little impact on Refuge wildlife. “Hurricanes are a natural phenomenon, and wildlife has adapted,” she said. “Habitat and animals typically rebound quickly, and nature reconstructs in a hurricane’s aftermath. However, research is showing that as storms continue to increase in intensity, it will affect wildlife’s ability to bounce back.”

“She noted that the damage was much lighter and the recovery quicker at the Refuge and island than with Hurricane Charley in 2004. “That’s thanks to the removal of Australian pines and other exotics after Charley,” Toni said. “That’s why it’s so important to preserve mangroves and plant other native vegetation built to weather hurricanes.”

“For updates on the Refuge’s recovery progress, please monitor the official Refuge Facebook page.”

ding-ddlogo16“Ding” Darling Days STILL On – October 15-21, 2017

The Refuge plans to keep its annual “Ding” Darling Days eco-festival on track for October 15-21. CLICK HERE for a calendar and other details.

“Did you know? Mangroves have the potential to reduce wave and wind energy by 50%-75%. The J.N. “Ding” Darling National Wildlife Refuges is home to one of the largest undeveloped mangrove ecosystems. Mangroves not only ‘anchor’ an island down (and prevent erosion) during storms and high waves, but they also provide a safe place to shelter for many different species of wildlife. Natural and wild places are critical for communities to recover after a hurricane so that flooding can be absorbed by nature.”

Re-openings, Temporary Closings & More

Funny how fast September flew by this year. Already some of the places that closed for summer breaks, employee vacations, deep cleans, remodeling, etc. are reopening. Here’s a partial list…

Island Cow – had kitchen roof damage. Working on repairs now.

Island Pizza – continuing with their planned remodeling, so temporarily closed.

Open signOver Easy Café – reopened today. Open 7 days a week from 7 a.m. to 3 p.m. for breakfast and lunch.

The Pecking Order – stayed open through the storm & will continue their lunch special from 11 a.m. to 2 p.m. all of Sept.

Sanibel Farmers Market – still scheduled to reopen on Oct 1 on the grounds of City Hall from 8 a.m. to 1 p.m. For info on the other eight markets reopening in the Lee County, go to www.BuyLocalLee.com.

Sanibel Fresh – serving breakfast 8 a.m. to 11 a.m. Lunch from 11 a.m. to 4 p.m.

Traditions on the Beach – is open this month, Mon through Sat from 4 p.m. until late.

Sanibel & Captiva Multiple Listing Service Activity September 1-22, 2017

sancap GO MLS logoSanibel

CONDOS

1 new listing: Sundial West #K105 2/2 $897.5K.

No price changes.

1 new sale: Sanctuary Golf Villages I #5 2/2.5 listed at $699K.

No closed sales.

HOMES

5 new listings: 887 Casa Ybel Rd 5/3 duplex $575K, 1312 Par View Dr 3/2 $695K, 419 Lighthouse Way 4/3 $797.5K, 6412 Pine Ave 3/3 $1.295M, 1152 Buttonwood Ln 3/3.5 $1.499M.

4 price changes: 673 East Rocks 3/2 now $698K, 698 Spartina Ct 3/2 now $770K, 1043 Sand Castle Rd 3/2 now $850K, 789 Pyrula Ave 3/3 now $1.095M.

No new sales.

3 closed sales: 982 Main St 3/2.4 $465K, 519 Lagoon Dr 4/2 $800K, 1137 Golden Olive Ct 5/3.5 $1.5925M.

LOTS

1 new listing: 761 Donax St $279.9K

No price changes, new, or closed sales. 

Captiva

CONDOS

No new listings, price changes, or new sales.

1 closed sale: Bayside Villas #5136 1/2 $310K.

HOMES & LOTS

Nothing to report.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

2017-09-11 Beach.jpg

The welcoming committee – ibis trio – at the Fulgar St beach access on 9/12/17

 

Until next Friday, let’s not hear about any more hurricanes!

Susan Andrews, aka SanibelSusan

A Little Soggy Today in the Neighborhood


SanibelSusan here. Today the islands are feeling the effects of what forecasters are calling swirling weather patterns associated with a tropical wave which poses a threat for localized flooding across Southwest Florida today. Heavy downpours began Wednesday afternoon and have been sporadic so far, but the chance of rain is predicted at 100% right through the weekend. It finally drops to a 20% chance on Wednesday. On the upside, the temperatures are down into the high 70’s/low 80’s and the vegetation is lush.

With the ground already saturated, flash flooding warnings have been issued for Lee and Charlotte counties until 8 p.m. tonight. This wave is not related to Hurricane Harvey which is poised to slam the Gulf coast of Texas, but it nonetheless probably helped bring the greater-than-normal rain throughout the day.

Before a few news items, here is a photo shared with me earlier this month. Look who walked by and caught him by surprise when he was at his island home. (You’ve gotta be fast with an iPhone. Thanks for sharing, Scott.)

2017-08-12 bobcat

Florida Realtors 101st Annual Convention/Trade Show & Governance Meetings

2017 Convention LogoSorry I missed posting a blog last Friday. While in Orlando at the Florida Realtors® Annual Convention and Governance Meetings, it was great to play a part in the productive educational sessions Tues/Wed/Thurs, followed by committee meetings Fri/Sat, and ending with the Board of Directors meeting Sunday morning.

There are a lot of events, networking, and real work crammed into a few days so I always enjoy the drive back home when it is nice to get out in the fresh air again and rethink the week’s accomplishments.

2017 Sanibel Gang at Awards Luncheon

The Sanibel/Captiva gang at the Florida Realtors 2017 Awards Luncheon

 

I’ve seen lots of changes in the industry during the 20+ years that I have been involved in the state leadership team. Hot topics now are cybercrime, wire fraud, copyright infringement, automated valuation models, paperless transactions, social media advertising, artificial intelligence, and drones.

2017 chief financial officer cropped

Speaking at Florida Realtors Capital Club Luncheon – Florida’s Chief Financial Officer Jimmy Patronis (with his handsome sons)

Though the real estate markets vary from one area of Florida to another, much of our work and problems are common. Staying involved in problem-solving and solution-sharing is key in staying ahead of the many changes that technology continually brings to this business.2017 Education Ambassador

 

Here are a few fun facts about Florida Realtors®:

  • Florida Realtors® is the 2nd largest state Realtor® organization in the country.
  • It is 170,000 members strong (in 2017)
  • It began in 1916 and now covers 13 districts, 54 local boards, and has 130+ employees.
  • In 2016, 61% of membership was female and averaged 52 years old. Members had an average of 10 years of experience and completed 9 transactions. They closed nearly 400,000 sales with over $105 billion in dollar volume.
  • In 2016 in Florida, there were $19.4 billion in international sales. The largest fraction of foreign buyers (39%) were from Latin America & the Caribbean. The top 5 countries of foreign buyers in Florida were: Canada, Brazil, Venezuela, United Kingdom, & Argentina.
  • In 2017, Florida Realtors® PAC successfully supported legislation that passed the first-ever cap on community association fees for estoppel certificates.

Because of the size of our local organization, the Sanibel & Captiva Islands Association of Realtors® only has two voting Directors at the state. There were 561 Florida Directors voting on Sunday. I was honored to be one of them, along with our 2017 Sanibel & Captiva Islands Association of Realtors® President, Joel Goodman.2017 BoardYou can find more info about Florida Realtors® at FloridaRealtors.org.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday was the Sanibel & Captiva Islands Association of Realtors® August General Membership Meeting followed by biweekly Caravan. Once again, like two weeks ago, the meeting was well attended, but not much real estate action was announced. Our new listing at Spanish Cay was one of only two properties on the following Open House Caravan.

The speakers for the General Membership Meeting included a panel of four rental managers from ReMax of the Island Vacation Rentals, Royal Shell Vacations, SBL Vacations, and VIP Vacation Rentals. They fielded such questions as:

  • Who handles the prorations of rental income when a property sells? The rental managers do, this is not something that normally is handled by a title company since it’s not a physical part of the real estate.
  • How do you handle requests for showings when a property is listed for sale? Most of the managers prefer to make the showing appointments and only when requested by the Listing Agent. Particularly “in season”, when requests may be frequent, Listing Agents may want to ensure that the request is to a “serious prospect” before bothering a long-term tenant. VIP prefers that the Listing Agent calls the tenant so they can control who goes in/out.
  • Has the rental business increased or decreased? Some mentioned that particularly with homes, inventory is less than it was some years ago. Many in the large baby boomer population who purchased and rented before retirement are now using the property themselves.
  • Have rental rates increased? In most cases yes, but it’s often dependent on a property and its upgrades. The “best” properties are booked a year in advance with repeat longer-term bookings preferred. Particularly for reservations in Feb and Mar, they should be booked a year ahead.

SanibelSusan Realty Associates

While away, I fielded some phone and email inquiries about a few of our listings. Then, this week, we got another new listing. It is a Sunset South top-floor riverside expanded 2 bedroom with elevator, garage & large private storeroom – a great opportunity for a buyer looking for easy residential living with gulf access, natural views, and handy to the causeway. Well priced too at $499,900 (view shown in first photo below).

Several of our listings were shown this week and a couple of showings are scheduled as next week many rental properties are vacant. The action posted in the Sanibel & Captiva Multiple Listing Service since August 11 (two week’s worth of info) is posted after a few news items below.

The islands are coming up on what some of the retail establishments say is traditionally the slowest week of the year. Many communities only allow construction projects in September so it could be a few quiet weeks with schools back in session and the rainy season in full swing. It is a good time to view property though. Some say, the best time to secure real estate before “season”.

Sanibel Fresh

Sanibel Fresh 08-24-17If you are looking to try some place new, “Sanibel Fresh” opened yesterday in the former location of Bennett’s Fresh Roast at 1020 Periwinkle Way. Open Monday through Friday from 7 a.m. until 9 p.m., their motto on their Facebook logo says “Healthy food for a happy you”.

We haven’t tried it yet, but our pals say it’s “great”.

Call for Action

NFIPWithout Congressional action by September 30, 2017, authority for the National Flood Insurance Program (NFIP) will expire. If NFIP lapses, more than 40,000 real estate transactions per month will be in jeopardy. The National Association of Realtors® has issued a call for action and made it easy for you to urge your member of Congress to pass “The 21st Century Flood Reform Act” H.R. 2874 as soon as possible.

H.R. 2874 contains several provisions of critical importance:

  • Reauthorizes NFIP for a full 5 years, avoiding the uncertainty of short-term extensions and potential shutdowns.
  • Caps NFIP rates at $10,000 per year for property owners.
  • Directs FEMA to develop more granular rate tables, to ensure fewer properties are overcharged
  • Sets aside $1 billion for flood mitigation assistance grants.

And increases access to private market flood insurance. Please follow this link to Take Action

Sanibel & Captiva Islands Multiple Listing Service Activity August 11-25, 2017

Sanibel

CONDOS

3 new listings: Sunset South #6D 2/2 $499.9K (our listing), Sundial East #O405 2/2 $1.0995M, Sanddollar #A101 2/2 $1.195M.

3 price changes: Seashells #40 2/2 now $359.9K, Ibis at The Sanctuary #B102 2/2 now $449.9K (our listing) (photos below), Ibis at The Sanctuary #B302 2/2 now $468.5K.

4 new sales: Ibis at The Sanctuary #B201 2/2 listed at $475K, Sanibel Moorings #931 2/2 listed at $550K, Sanctuary Golf Villages I #6-2 2/2.5 listed at $649K, Lighthouse Point #327 3/2 listed at $849K.

4 closed sales: Spanish Cay #B6 2/2 $380K, Blind Pass #F210 2/2 $444K, Blind Pass #B105 2/2 $450K, Sanibel Arms West #I3 2/2 $519K.

HOMES

5 new listings: 982 Main St 3/2.5 $489K, 4542 Bowen Bayou Rd 3/2 $578K, 1724 Bunting Ln 3/4 $985K, 1304 Eagle Run Dr 3/3 now $1,099,995; 411 Bella Vista Way 3/4 half-duplex $2.495M, 3945 West Gulf Dr 3/3 $3.195M.

7 price changes: 3021 Singing Wind Dr 3/2 now $499K; 5306 Ladyfinger Lake Rd 3/2 now $589K; 673 East Rocks 3/2 now $715,888; 3354 Barra Cir 3/2 now $875K; 673 East Rocks 3/2 now $725,988; 5075 Joewood Dr 4/4.5 now $3.25M.

6 new sales: 982 Main St 3/2.5 listed at $489K, 2150 Egret Cir 3/2 listed at $524.9K, 981 Sand Castle Rd 3/2.5 listed at $549K, 1311 Sand Castle Rd 4/4.5 listed at $799K, 655 Anchor Dr 3/3 listed at $749K, 1272 Isabel Dr 4/4.5 listed at $3.45M.

1 closed sale: 981 Main St 4/2.5 $625K.

LOTS

No new listings.

2 price changes: 3354 Barra Cir now $399K, 4115 Sanibel-Captiva Rd now $799K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Beach Villas #5228 1/2 $433.5K.

No price changes.

2 new sales: Beach Villas #2517 1/1 listed at $497.5K, Beach Villas #2623 1/1 listed at $530K.

HOMES

No new listings or price changes.

1 new sale: 11500 Chapin Ln 4/4.5 listed at $1.795M.

No closed sales.

LOTS

Nothing to report.

(This representation is based, in whole, or in part, on data supplied by the Sanibel & Captiva Islands Association of Realtors® or its 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 general real estate activity in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Until next Friday, I hope you enjoy your weekend & stay dry. That’s the plan here!

Susan Andrews, aka SanibelSusan