Following another week of nice winter island weather (mostly sunny with mid-70-degree F days), the forecast shows a high chance of rain beginning late tomorrow and into Sunday. A couple of cooler days may follow, but it likely will be back into the 70’s soon.

With the 3-day Presidents weekend, it would be nice to have good weather for visitors. Island restaurants and shops are ready for more business. Maybe rain will bring them customers.
Re-Building, Re-Openings, Restoration
Cheeburger Cheeburger – A social media post says this restaurant in Tahitian Gardens is expected to reopen in nearly April under new ownership,
National Shell Museum – The new sign is up at the Bailey-Matthews National Shell Museum & Aquarium. Rumor has it that their reopening will be announced soon.
Sanibel Marina – Gramma Dot’s at the Sanibel Marina at 634 N Yachtsman Dr recently reopened, It has been under new ownership
since early January by Acme Marine Co. The prior owner had a food truck there for about nine months following the hurricane. The restaurant itself had a soft opening on Dec 13 and now is fully open. Operating for over three decades, their recipes remain the same, and they are open daily from 11:30 a.m. to 8 p.m. At Gramma Dot’s recent ribbon-cutting, two other businesses also opened at the Sanibel Marina: Adventures in Paradise (AIP) tours and Moke and Cabana Club rentals. Since 1986, AIP has run tours out of Port Sanibel Marina (off island). Following the hurricane, they rescued hundreds from the islands and transported many first responders. From the marina, Adventures in Paradise is offering morning, afternoon, and sunset dolphin and wildlife cruises, and a shelling beach and lunch cruise to Cabbage Key, plus private and holiday cruises. Moke and Cabana Club opened before Ian in 2022 and worked on a delivery basis after the storm. It now partners with the marina for office space, where it rents electric vehicles known as Mokes, golf carts, beach cabanas and chairs, and electric surfboards.
Signal Inn – Though the office and grounds are still a work in progress and the pool isn’t expected to be done until mid-March, Signal Inn just announced that they are accepting reservations for stays beginning in April. Signal Inn has 19 units and is one Sanibel’s few pet-friendly weekly rental condos (up to two dogs or cats allowed).
White Caps – News this week is that the nine little cottages at 2877 West Gulf Dr that the hurricane destroyed are being rebuilt and will be put on pilings. Once the site is ready, the new cottages will be delivered and elevated. Then, stairways and a small porch will be added to each one, exteriors painted, and interiors finished. This condo community originally had eight small 1-bedroom units and a single 3-bedroom. The rendering looks like they will be duplex-style.
The Future of Florida Real Estate
Looking at the state overall, Florida home values have increased about 80% over the past five years. Analysts that watch that market have weighed in on how rising interest rates have affected sales but agree that the Florida housing market is strong and a positive trend is expected for at least the next five years.
For sellers, this is good news, implying that property values are rising. Whether the country enters a recession, or not, the housing market appears to be in good shape in Florida for the foreseeable future. It’s a good time for real estate investors to capitalize on market possibilities.
Sanibel & Captiva Islands Real Estate News
There was no meeting this week for the local island Association of Realtors®, but next Thursday at 11:30 a.m. is our monthly Membership Meeting which again will be at The Community House. A caravan of open houses will follow the meeting, until about 3 p.m.
Though the SanibelSusan Team has been showing property and talking with prospective purchasers, as we chat with island colleagues, the overall feeling is much the same – inventory has increased, but not many are buying. This is resulting in price reductions and that may continue until sales pick up.
Illustrating that below, with data from the islands MLS, are summary tables of the island residential sales statistics, followed by scoop about our listings, and the MLS action reported this week.
On the commercial side, another property was listed this week: 1025 Periwinkle Way (formerly Norris Furniture) $1.3M.
|
SANIBEL RESIDENTIAL |
CONDOS |
HOMES |
LOTS |
||||||
|
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
|
|
For sale: |
88 |
1,054,104 |
150 |
162 |
1,821,264 |
68 |
40 |
818,947 |
171 |
|
Under contract |
14 |
1,023,550 |
83 |
29 |
1,310,427 |
60 |
3 |
2,961.666 |
104 |
|
Sold 2024 to 2/16 |
7 |
639,571 |
105 |
17 |
1,771,470 |
93 |
2 |
2,387,500 |
217 |
|
Sold 2023 |
98 |
955,261 |
65 |
263 |
1,267,390 |
73 |
24 |
920,645 |
76 |
|
Sold 2022 |
123 |
1,136,199 |
44 |
185 |
1,602,745 |
52 |
26 |
779,528 |
223 |
|
Sold 2021 |
287 |
875,127 |
113 |
355 |
1,341,881 |
89 |
69 |
698,862 |
442 |
|
CAPTIVA RESIDENTIAL |
CONDOS |
HOMES |
LOTS |
||||||
|
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
# |
Avg Price |
DOM |
|
|
For sale |
30 |
1,406,200 |
129 |
19 |
7,502,473 |
150 |
3 |
9,998,333 |
118 |
|
Under contract |
3 |
1,896,333 |
92 |
1 |
3,495,000 |
272 |
0 |
N/A |
N/A |
|
Sold 2024 to 2/16 |
2 |
747,500 |
85 |
2 |
4,062,500 |
112 |
0 |
N/A |
N/A |
|
Sold 2023 |
17 |
834,176 |
98 |
17 |
2,716,647 |
70 |
0 |
N/A |
N/A |
|
Sold 2022 |
28 |
1,458,983 |
52 |
22 |
5,636,386 |
133 |
0 |
N/A |
N/A |
|
Sold 2021 |
64 |
1,150,373 |
145 |
44 |
2,988,520 |
261 |
2 |
2,950,000 |
731 |
Sanibel & Captiva Islands Multiple Listing Service Activity Feb 9‑16
Sanibel
CONDOS
3 new listing: Tennisplace #C34 2/1.5 $574,999; Sunset South #9B 2/2 $599.9K, Heron at The Sanctuary #1-1A 3/2.5 $1.15M.
3 price changes: Sundial #D309 1/1 now $449K, Gulfside Place #204 2/2 now $1.25M, Gulfside Place #208 2/2 now $1,25M.
2 back-on-market: Sanibel Arms 1/1 $439K, Island Beach Club #220A 2/2 $560K.
2 new sales: Sunset South #12C 2/2 listed at $620K, Loggerhead Cay #324 2/2 listed at $879K.
No closed sales.
HOMES
9 new listings; 970 Greenwood Ct S 3/2 $829K, 1406 Causey Ct 3/2.5 $1.325M, 235 Daniel Dr 3/2 $1.495M, 920 Almas Ct 3/2.5 $1.595M, 6425 Pine Ave 4/3 $1.685M, 840 Birdie View Pt 3/2.5 $1.925M, 2711 Wulfert Rd 4/4.5.5 $1.998M, 2719 Wulfert Rd 4/4.5.5 $1.999M, 960 Victoria Way 3/3 $2.495M.
13 price changes: 465 Lake Murex Cir 2/2.5 now $1.099M, 198 Southwinds Dr 3/2 now $1.224M, 1321 Sand Castle Rd 3/2.5 now $1.325M, 930 Strangler Fig Ln 5/3.5 now $1.395M, 969 Whelk Dr 3/2.5 now $1.495M, 4573 Bowen Bayou Rd 3/2 now $1.495M, 696 Durion Ct 3/2.5 now $1.495M, 4400 Gulf Pines Dr 4/3 now $1.495M, 848 Limpet Dr 3/2 now $1.8M, 811 Birdie View Pt 3/2.5 now $1.85M, 836 Birdie View Pt 3/3.5 ow $1.999M, 1052 Whisperwood Way 3/3 now $2.6M, 4461 Waters Edge Ln 3/3.5 now $5.85M.
9 new sales: 863 Rabbit Rd (1/2 duplex) 3/2 listed at $678.5K, 657 Rabbit Rd 3/2 listed at $779K, 931 S Yachtsman Dr 4/3.5 listed at $998K, 1396 Sand Castle Rd 3/2 now $1.55M, 2745 Wulfert Rd 3/3.5 listed at $1.558M, 2276 Wulfert Rd 4/5.5 listed at $1.6M, 4415 Gulf Pines Dr 3/3 listed at $1.695M, 1662 Dixie Beach Blvd 3/2.5 listed at $2.249M, 5235 Indian Ct 4/4 listed at $2.348M.
3 closed sales: 744 Martha’s Ln 3/2 $759K, 2228 Starfish Ln 3/2.5 $1.444M, 2477 Wulfert Rd 3/4 $1.715M.
LOTS
No new listings or price changes.
1 new sale: 4163 West Gulf Dr listed at $3.995M.
1 closed sale: 395 Bella Vista Way E $1.275M.
Captiva
CONDOS
1 new listing: Beach Villas #2227 1/1 $849K.
1 price change: Beach Homes #29 4/4 now $3.35M.
2 back-on-market: Beach Villas #2222 1/1 $799K, Sunset Captiva #204 2/2 $1.9M.
1 new sale: Captiva Beach Villas #1-B 3/2.5 listed at $3.295M.
No closed sales.
HOMES
2 new listings: 1127 Longifolia Ct 4/4 $10M, 11531 Paige Ct 3/3.5 $12.995M.
4 price changes: 57 Sandpiper Ct 3/2 now $1.545M, 11516 Wightman Ln 5/4.5 now $3.499M, 11529 Andy Rosse Ln 4/4 now $3.91M, 16512 Captiva Dr 7/5.5 now $10.5M.
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
Island Ribbon Cuttings & Openings
Yesterday was a big day for The Magic Bus, ice cream and coffee shop on the East End at 362 Periwinkle Way.
Other establishments that have reopened are extending their hours as business dictates.
Today, the Feb/Mar issue of the islands “Real Estate Guide” was in local mailboxes. Our full-page ad continues the conversation on “how’s the market?”
The Recycling Center began their new hours this week. Now open Wednesdays and Saturdays from 8 a.m. to 2 p.m., it is for residential use only, ID’s are checked. All items must be put inside the dumpsters which are for household trash (in sealed bags), cardboard (broken down), recycling (no plastic bags). NOT allowed are bulk items like appliances, electronics, construction material; vegetative waste; or hazardous waste of any kind (paint, oil, car batteries, etc.).
Periwinkle Place – There are noticeably more cars at Periwinkle Place as more businesses have reopened there, including the original Chico’s, Everything But Water, One Island Sanibel, Sanibel Flip Flops, and Tiki Jims. Sanibel Day Spa also is open by appointment. Blue Giraffe food truck also is open.
The next SanCap Resilience community event in collaboration with the City will be Thurs Feb 1 from 6 to 8 p.m. at BIG ARTS. It also will be streamed live on the City’s Facebook page.
I sat with pals who also have been on this committee for years. One is the Education Director for the Miami Association which has over 55K members. That’s a far cry from the 195 Realtors members of the Sanibel & Captiva Islands Association, but we have common needs so it’s always great to share ideas and learn about others’ successes.
Yesterday, our local Association of Realtors® had a meeting at The Community House. Info was provided by both CHR (Community Housing & Resources Executive Director Nicole Decker-McHale) and Planning Dept (Craig Chandler) on the status of Sanibel’s low-rent housing program, and future City plans.
Enjoy your weekend, Susan Andrews, aka SanibelSusan
Today it is a chilly but occasionally sunny day in Orlando where Florida Realtors® meetings are in full swing.
Last night, the Sanibel & Captiva Islands Association of Realtors was a 4-time winner at the annual RPAC Award Event. The same five awards are given based on association membership size, i.e. small, medium, large, and mega boards. Of course, Sanibel and Captiva Islands are a small board.
A Sanibel City notice was issued this morning advising that Lighthouse Beach parking lots will be temporarily closed Mon Jan 22 through Fri Jan 26 for beach re-nourishment work and lighthouse repairs. It said contractors will be replacing the temporary wooden support at the lighthouse with a permanent cast-iron replica of the original support column with repairs also to be made to the ladder and window stops.
Resorts – Sanibel Moorings ribbon-cutting Tues was well attended, followed by coverage on Fox4,com which says; “The Moorings Resort, a condominium-style resort, is the first of its kind to resume operations on Sanibel Island. Kari Cordisco, the General Manager of the resort, shared her views on the reopening. “It’s an amazing feeling,” Cordisco remarked, underlining the efforts taken to reach this stage. The resort, which combines individual ownership with hotel-like amenities, has been able to make 62 of its 122 rooms available for booking. The path to the reopening involved significant financial investment, as Cordisco noted, “The recovery and the rebuild, we’re looking at more than $20 million.”
“Just down the road, Sundial, the island’s largest resort, is also progressing toward reopening. They’ve begun accepting reservations for the month of August. General Manager Becky Miller highlighted all the upgrades this time around. “It’s going to be everything new, gorgeous, with new swimming pools, and all nw amenities,” Miller said. The resort plans to reopen part of its facilities within four months, including five restaurants, tennis, pickleball courts, and a fitness center. The restaurants will be open to the public. Despite these positive developments, the overall recovery of Sanibel Island’s hospitality industry is ongoing. According to the Sanibel Chamber of Commerce, currently, only about 13% of the island’s rooms are available for guests. The expectation is that this number will double throughout the year and eventually reach 75% by 2026.”
Sunshine Island Inn – at 642 East Gulf Dr announced their reopening Wed with the arrival of their first guests. Their website
Chico’s – had their reopening yesterday at their original location in Periwinkle Place. Many remember when Chico’s began there in 1983, founded by islanders, the Gralnicks. Even before moving here, I always looked forward to shopping there and later enjoyed watching them expand nationally, then internationally. Last week it announced it sold to Sycamore Partners for about a billion dollars! The sale included their sister companies White House Black Market, and Soma. Sycamore Partners is a private equity firm that also owns retailers Loft Ann Taylor, Talbots, Belk, Hot Topic, and Lane Bryant.
Island newcomers are encouraged to join one of the conservation foundation’s (SCCF’s) two day-long workshops introducing new residents, business owners, and employees to coastal ecosystems. To be held 8 a.m. to 5 p.m. on Mon, Jan 22, and Mon, Mar 4. Only 28 spots are available for each day. (Reservations on
The local Association of Realtors® did not have a caravan this week, but Tues our Professional Development Committee met to organize educational offerings for the year. A full calendar will be announced at our Installation and Awards Gala on Jan 31.
Enjoy your weekend & stay warm – wherever you are!

I saw a post this week by Wink Weatherman Matt Devitt. His message said: “How crazy is this? Just 100 miles was a difference in seven feet of rainfall this year between Naples (30.48”) and Fort Lauderdale (113.61”). A simple drive along Alligator Alley separated the #1 driest year on record and the #1 wettest year on record.”
Causeway travel since just before Christmas has continued to be a breeze. The middle of the week there were noticeably more construction crews back to work. That results in a bit of a delay when those vehicles come on island in the morning and leave late afternoon. I easily traveled both off and back this morning. Saw the most workers close to the toll booths as their finish work continues. Plenty of big trucks are moving material so it still pays to plan ahead and watch carefully.
or just stop to view them. Contact Scot Congress for more info, scot@scongress.com.
Sundial West – Announced that Sundial West (which is Bldgs A-K) will be closed for eight weeks from Jan 7 to Mar 4. Their new roofs are on, but there is major restoration work underway so only their contractors will be allowed on-site during that time. No showings then.
The in-person state meetings begin Jan 18 at a new location, the Hyatt Regency Orlando. This year, I will serve again on the Audition Panel for Florida Realtors® instructors. Nine panel groups will meet during this all-day event, each evaluating 8-10 prospective teachers. The next day during subcommittee meetings, I am on the Program Development Subcommittee. Then Jan 20, the Professional Development Committee meets where recommendations are forwarded to the Board of Directors. These in-person efforts all foster Realtor education, including cooperation between statewide educational programs, planning/coordinating the Graduate Realtor Institute (GRI) and similar programs, and assisting/supporting local board educational offerings. It is always great to network with colleagues from around the state.
Yesterday was the islands’ Association of Realtors® first Caravan Meeting of the year. Held at The Community House, it was also our first midday meeting and well attended. Many new listings and a few sales were announced, followed by 12 Open Houses, all Sanibel homes. That is the most properties we have had on tour since the hurricane.
Dec 29-Jan 5
Enjoy your weekend,

Just a reminder with the sign from the “J.N. Ding Darling National Wildlife Refuge”.
Sundial Beach Resort & Spa – will begin taking reservations on Mon Jan 8 for stays beginning Aug 3. Their pickleball and tennis courts are already open from 8 a.m. to 5 p.m. with day passes and memberships available. Their restaurants have not yet reopened, but their website says they are accepting wedding, event, and group bookings for 2024. More info at
As islanders and others continue to rebound from recent storms, this week got me thinking as I prepared some year-end documents. What should I expect in 2024? How will the time that is usually high season (mid-Jan until Easter) be, compared to past years?
Members look forward to our next Realtor® Caravan Meeting on Thurs, Jan 4 This will be the first midday one followed by afternoon Open Houses.
It has been another chilly week on the islands, good for the holiday spirit, but already more days with the heat on for me than all last winter. Weather is expected to remain partly cloudy with temps in the mid to low 70’s during the day through the weekend and Christmas,
But the forecast is calling for rain beginning Tues, followed by colder weather. Fingers crossed that changes.
Causeway – Jennifer began her presentation with a summary of the work so far, beginning with how quickly the road was made passable for utility workers and first responders (just six days after Hurricane Ian), and then open to the public within 15 days.
roadway look much like it did before the storm, but stronger. The recent four weekends of lane closures helped in the process which includes excavating the old, adding two layers of rebar, filling with high early-strength concrete, and adding finished slabs.
onto the island was required because the concrete was drying when vehicles were stuck in traffic.
is fully open.
By next week, all roadways will be smoother. The Punta Rassa boat ramp is being used to transport the stone via barge to its destination. It will need significant restoration,
Beach Re-nourishment – Holly introduced new Sanibel Information Officer Eric Jackson and described how the published zone map shows the areas being re-nourished and their entry spots. (North Sanibel is the Blind Pass area.)
Tues, 93 truckloads of sand were delivered with 5K to 7K tons of sand expected to arrive daily. The first trucks arrive before dawn and are staggered through the workday. The City website has added a button for the project, making it easy to check progress:
Recently, the Lee County Board of Commissioners voted to approve changes to the Lee Plan with strong assurances that the provisions would not affect density. Last week, Timbers Resorts, owner of South Seas Island Resort, released its plan to add hundreds of hotel rooms and condominiums and increase building heights to 64 feet.
More news was out this week on the movie being filmed on the islands. Local news advises that after three weeks, filming wrapped up Wed. Titled “Written in the Sand”, the film was shot at several locations including RC Otters and Boops by The Bubble Room on Captiva, and Doc Ford’s and MudBugs Cajun Kitchen on Sanibel. They also filmed for two days at “Ding” Darling National Wildlife Refuge. Described by the supervisory producer as a “feel-good love story”, it takes place on Sanibel with the main location being Sundial Resort where the main character works as general manager. The movie is expected to debut in fall/winter 2024. Several residents were extras. Stay tuned!
Yesterday, I attended a Florida Realtors® Zoom meeting for Brokers which announced a new benefit to our Realtors® beginning the first of the year – a subscription to Forewarn. Forewarn is an identity identification and risk assessment app giving its users valuable intel in advance of face-to-face engagements and correspondence. By merely entering a name or phone number, the app provides instant identify info, criminal history, financial risk, and more. Aside from the safety precaution this software provides, it also generates red flags on scammers, and provides info that will help us serve prospects more effectively and efficiently. The SanibelSusan Team will be users.
This afternoon, I received notification that Florida Realtors® just learned they won NAR’s Triple Crown award! In addition to raising the most PAC money out of any other Realtor association in the country, they increased PAC participation at all investment levels. (SanibelSusan is a major investor.) This is a huge accomplishment, and it will go a long way in helping our Realtors® continue to defend private property rights and ensure our communities have what they need to grow and prosper.
The local island Association of Realtors® did not meet this week but posted a notice that for the month of Jan, our Realtor Caravan Meetings have been changed from 8:30 a.m. to 11:30 a.m. to better accommodate those coming on-island when traffic is busiest with dayworker vehicles. The meetings will be Thurs Jan 4 and 25 at The Community House. Open House Caravan will follow the meetings with new listings available for viewings from 12:30 to 3 p.m.
The team and I wish you a very Merry Christmas,

Many businesses continue their restorations, while others are planning early 2024 re-openings.
This morning, the City of Sanibel posted the following update from the Florida Department of Transportation regarding the completion of the roadwork on the causeway:
The island rumor mill was rampant midweek when a film crew was on the islands preparing for what some said would become a Hallmark movie (no confirmation on that). It may be about a single gal who fell in love with her contractor after the hurricane (that’s also gossip).
The Captiva Community Carol Sing is Sun Dec 17 at 6 p.m. at Chapel by the Sea. This is the 12th year of this special, open to the public, free event. It addition to group sing-alongs, it will include performances by the Sanibel School Choir and a small ensemble from the BIG ARTS Community Chorus.
Five sweater contest winners received gift cards, while breakfast was sponsored by David Arter with Private Client Insurance Services and Carol McCarley with Noak & Company (FIRPTA Specialists & CPA’s). Carol reminded attendees that both foreign buyers and sellers should contact her early in their transaction process so they are aware of the paperwork required, timeframes involved, and tax implications.
the U.S. Department of Education, the Sanibel School recently received its state rankings. It is the #5 Middle School in the state of Florida, and the #10 Elementary School. The individual grade rankings on various subjects (math, reading, etc.) showed that the Sanibel School percentiles doubled those of other students in Lee County at nearly every grade level. Pupils don’t need to live on the island to attend the Sanibel School. With 252 students ranging from pre-school to eighth grade and with a student to teacher ratio of 14:1, the learning experiences here are exceptional. The school is looking to increase enrollment, details on their website.
Below, with data from the islands MLS are summary tables of the residential sales statistics, followed by the island MLS action this week.
Enjoy your weekend, Susan Andrews, aka SanibelSusan
As the holiday season unfolds, the islands had more chilly weather this week. That is expected to continue with daytime highs in the 70’s, nights in the 60’s. With the forecast calling for a 50% chance of rain Sunday, our coldest morning yet could be early next week.
Sanibel Luminaries – Today, Fri Dec 8:
Captiva Community Carol Sing – Sun Dec 17 at 6 p.m. at Chapel by the Sea. This is the 12th year of this special event. It did not occur last year following the hurricane. Again, this year, SanibelSusan will be part of the ensemble singing. There will also be performances by the Sanibel School Choir.
Wed, after dozens of speakers testified, the Lee County Board of Commissioners voted 4-1 to approve changes to the county comprehensive plan removing longstanding building-height limits on Captiva. The vote to approve was despite near-unanimous opposition by both Captiva and Sanibel communities, citing increased density and intensity of development, strains on infrastructure and natural resources, and no real-need related to restoration.
At SanibelSusan Realty, teammate Dave and I continue to talk and meet with both buyers and sellers. Buyers often are surprised at the high prices of single-family homes, while condo owners thinking of selling are recognizing those sales can be challenging unless complexes are ready for occupancy. We are also thankful for another closing this week.
Mon and Tues afternoons, SanibelSusan attended the 5th annual Florida Realtors® Broker Summit. Moderated by Naples broker, Mike Hughes, first-day sessions covered national issues.
The Tues sessions were state-specific with Dr. Brad O’Connor, Florida Realtors® Chief Economist, touting the real estate advantages here: Domestic in-migration is slowing but still high. Florida is an ideal location for untethered remote workers. Retirees with existing home equity are not as fazed by high interest rates, while housing remains affordable and more spacious here relative to the Northeast and West Coast.
Below, with data from the islands MLS are summary tables of the residential sales statistics, followed by the island MLS action this week.
Enjoy your weekend, Susan Andrews, aka SanibelSusan