It Continues to Look Alot Like Christmas!

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.

Even so, SW Florida usually is the warmest spot in the nation. You can bet we are thankful for that!

 

Holiday Events

Sanibel Luminaries – Today, Fri Dec 8:

  • 4 to 8 p.m. at Adventures in Paradise Outfitters in Tahitian Gardens with complimentary drinks & hors d’oeuvres.
  • 5 to 8 p.m. at Jerry’s Foods with Christmas caroling, ornament decorating, food samples, wine tastings, & Boy Scouts serving hot dogs & sodas for donations.
  • Starting at 5 p.m. at Whitney’s Bait & Tackle with holiday shopping & cheer.
  • 6 to 9 p.m. at Sanibel Community Church with Christmas light stroll, pony rides, petting zoo, snow pit, arts & crafts stations, food & fire pits to make s’mores.
  • 6 to 9 p.m. at Tuttle’s Seahorse Shell Shop at East-end with live music & holiday shopping.

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.

Protect Captiva

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.

The Protect Captiva coalition vows to continue its efforts to control heights and density at South Seas and on Captiva. They are pursing legal remedies to reverse these changes in the Lee Plan and county Land Development Code and to preserve their integrity and reasonable regulations. They also will continue to work with the Lee County Legislative Delegtion to file and seek passage of a bill creating the Captiva Islands Conservation Area which would codify the existing plan and code language in Florida statutes.

Sanibel & Captiva Real Estate News

Tues morning, the local Association of Realtors® Professional Development Committee met where dates were proposed for the 2024 SCIS (Sanibel & Captiva Islands Specialist) designation classes and annual continuing education required for license renewals. The next step is to confirm instructors, followed by class announcements.

There was no island Association of Realtors® Caravan this week. The next ones scheduled are Thurs mornings Dec 14 and Jan 4.

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.

Between restoration/construction delays and limited accommodation availability, it likely will be a quieter than usual “high season” on the islands this year. Ian caused massive destruction, so the “how do you eat an elephant?” saying applies. “You do it one bite at a time.” We are energized every day when we see more progress – which has accelerated.

Florida Realtors® 2023 Broker Summit

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.

Dr Lawrence Yun, NAR’s Chief Economist described that although 2023 has been exceptional with record-high prices, nationally there has been an 18% decline in the sale of existing homes. That segment of the market is on track to have its worst year since 2008 or 1993. New home sales, on the other hand, are up 4.5% year-to-date, on track for the best year since 2008 (the foreclosure year). Nationally, inventory is low on existing homes, while inventory of new homes is high.

Dr Yun thinks the 20-yr high interest rates have probably topped out, with 10-year treasury-yield drops signaling the Feds to pivot. He said monthly job gains are softening and higher unemployment (highest in nearly two years) is dampening wage growth which is at its lowest in 2.5 years.

Looking at home appreciation since COVID, Florida tops the nation (Maine is #2). He also suggests that the 30-year fixed rate will be 6-7% by early spring.

What will the future bring? Dr Yun described that there are pent-up sellers who don’t want to wait any longer. He also offered some interesting statistics (SanibelSusan loves those) about what the next two years will bring. These events affect real estate sales:

  • 50 million job changes
  • 7 million babies born
  • 7 million turning 65
  • 4 million deaths
  • 4 million net new jobs
  • 3 million marriages
  • 5 million divorces.

He predicts that home sales will bottom out this year before an upturn next year. Next year, he sees sale of new homes up 19%, sale of existing homes up 13%.

What are the risks for the real estate business in the new year? He listed four: a Government shutdown, the lawsuit on Buyer representation, community banks (affected by high interest rates), and the reduction in international buyers.

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.

Also there has been solid job growth throughout the state. Since 2019, U.S. job growth has been 3.5%, while Florida jobs grew 9%. Looking at prices, the median Florida sales price is up 57% over the last four years, but prices are now stabilizing. In dollar volume of closed sales, $172B has sold in Florida year-to-date, compared to $194B last year and $200B in 2021.

Sanibel & Captiva Islands Multiple Listing Service

Below, with data from the islands MLS are summary tables of the residential sales statistics, followed by the island MLS action this week.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 75 1,082,628 151 116 1,837,481 91 38 980,681 154
Under contract 8 968,475 84 11 1,657,727 36 1 3,995,000 19
Sold 2023 to 12/8 93 946,941 64 258 1,274,165 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 22 1,472,068 119 17 6,509,176 127 2 7,247,500 92
Under contract 3 1,180,000 27 1 3,485,000 179 0 N/A N/A
Sold 2023 to 12/8 16 830,062 101 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 Dec 1 – 8

Sanibel

CONDOS

2 new listings: Mariner Pointe #1083 2/2 $649.9K, Sundial #L404 2/2 $1.85M.

No price changes.

1 new sale: Loggerhead Cay #174 2/2 $899.9K.

No closed sales.

 HOMES

8 new listings: 1617 Sand Castle Rd 3/3 $665K, 588 Hideaway Ct 3/2 $1.095M, 979 Whelk Dr 3/3 $2.28M, Moonshadows #1C 3/3 $2.3M, 228 Violet Dr 3/2.5.5 $2.5M, 2871 Wulfert Rd 4/4 $2.59M, 3421 West Gulf Dr 5/4.5.5 $7.8M, 3767 West Gulf Dr 4/4.5 $10.495M.

1 back on market: 4752 Rue Helene 2/2 $599K.

5 price changes: 3898 West Gulf Dr 3/2 now $1.095M, 465 Lake Murex Cir 2/2.5 now $1.139M, 6003 Clam Bayou Ln 4/3 now $1.595M, 815 Birdie View Pt 3/3 now $1.999M, 848 Birdie View Pt 4/3.5 now $2.495M.

4 new sales: 4389 Gulf Pines Dr 3/3.5.5 listed at $1.75M, 848 Limpet Dr 3/2 listed at $1.85M, 759 Pyrula Ave 3/3 listed at $1.895M, 2477 Wulfert Rd 3/4 listed at $1.998M.

4 closed sales: 1388 Tahiti Dr 3/2 $1.1M, 924 Kings Crown Dr 4/3 $1.3M (SanibelSusan sale), 6063 San-Cap Rd 4/3 $1.34M, 2502 Wulfert Rd 4/4.5 $2.5M.

LOTS

2 new listings: 2348 Wulfert Rd $399K, 1874 Middle Gulf Dr $2.15M.

1 price change: 0 Bowman’s Beach Rd now $198K.

No new sales.

1 closed sale: 1030 White Ibis Dr $475K.

Captiva

CONDOS

No new listings

2 price changes: Marina Villas #603 2/2 now $975K, Marina Villas #804 2/2 now $975K.

No new sales.

2 closed sales: Bayside Villas #5226 1/2 $675K, Bayside Villas #5344 3/3 $1.625M.

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

It’s Beginning to Look Alot Like Christmas!

Not only are the weeks flying by, but now it’s already December and the islands have quickly responded with holiday décor and events. Even the weather has made islanders think it’s winter. I wore a jacket (but with flip flops, of course) to our monthly Association of Realtors breakfast meeting yesterday. Also, turned on the heat for the first time this year when evening temperatures dipped into the 50’s Tues night.

Today, island weather is back to blue skies and sunshine with daytime temps expected to go up into the low 80’s. No more cool weather is expected until midweek when maybe nights dip back into the 50’s. Should be nice for the many events tonight (details on those below).

Sanibel Ordinance Adjusts Maximum Building Heights

On Nov 20, Sanibel City Council unanimously approved an ordinance which adjusts the maximum building heights within ecological zones, giving homeowners a modest increase in height and corresponding relief for measuring angle of light as they build back from Hurricane Ian.

Under the amendment, the height limitation of 35’ above predevelopment grade (PDG) has been removed, and the maximum height is established at 45’ NAVD, a standardized measurement above mean sea level. This gives residents, on average, a modest increase of five feet in building height.

Since the required base flood elevations range from 7 to 18’, actual building heights will differ. For example, the maximum height of 45 feet NAVD minus the required base flood elevation equals actual building height.

This ordinance also changes the primary and secondary angle of light measurements. Primary angle of light will increase to 30’ NAVD from 20’ above PDG, which allows for the measurements to have the same point of reference and the 15’ difference between maximum overall height and maximum height at setbacks is maintained. The secondary angle of light increases to 35’ NAVD, from 25’ above PDG.

City staff said these adjustments, while helping residents build back to code, do not require an amendment to the Sanibel Plan and do not change the limitation of three stories above flood elevation.

Sanibel School Earns Top 10 Florida Schools Ranking

U.S. News and World Report recently released their rankings for the 2024 Best Elementary and Middle Schools in the United States. The Sanibel School, which educates students from pre-kindergarten through eighth grade, earned Top 10 spots for both elementary and middle school rankings in Florida!

The report, which included 45,236 elementary schools and 22,053 middle schools in the nation, calculated student performance in math and reading within each state and school district. The Sanibel School was ranked #10 for Florida Elementary Schools, #5 for Florida Middle Schools, and #1 for both elementary and middle schools in the Lee County School District.

Sanibel & Captiva Islands Assoc of Realtors®

Yesterday, at the November monthly membership meeting of the islands Association of Realtors® Sanibel City Manager Dana Souza and Chief Building Official Craig Mole’ provided attendees with updates on post-Ian progress. I was delighted to introduce them. Below are some takeaways from their presentations:

City Manager Souza – said the City is financially in good shape. Though Ian caused a 34% loss in property values (75% in condos), the millage rate jumped to just 2.5 which is the highest Sanibel has ever had. It jumped to that after Hurricane Charley, dropped back down, and now is back to that. The City has received a 15.1M bridge loan which can be used only to run the City. Revenue also was lost on the sewer side ($2M). He commented on the huge relief it was when the state took over the cost of debris management (over $200M) and the City has had no cost for FEMA expenses. Another $28M loan is in the works to be used for upcoming projects.

Regarding the causeway, he said the road is expected to be completed by Dec 21, before the Christmas holiday. (Also, remember the causeway weekend traffic pattern returns to one-lane only beginning today Fri at 7 p.m. until 6 a.m. Mon morning. Be sure and allow extra time going on/off this weekend and next weekend.)

On the upcoming beach renourishment project (scheduled to begin Dec 13 and complete by Apr 15), City Council is expected to approve it at their meeting next week. Millions from both the state and FEMA are helping to fund that project.

Overall, our City Manager is highly optimistic for Sanibel’s future both logistically and financially.

Chief Building Official Mole’ – covered a detailed Power Point presentation. Some of the statistics since Ian included a summary damage assessment which listed 168 destroyed properties; 2,194 with major damage; 2,525 with minor damage; 51 also affected; and 188 unaffected.

Under rebuilding since Nov 7, 2022, he said a total of 7,508 permits have been issued (compared to ~2K in a typical year). Of that total, 180 are for demolition, 758 electrical, 1,762 emergency building repair, 795 mechanical, 1,960 roofing. Also since Nov 7, 2022, over 12K building code reviews have been performed. These numbers are staggering.

He stressed the importance of the FEMA 50% rule and reminded Realtors® that effective Nov 1, 2023 new elevation certificates are required with permit applications due to changes last year in the flood maps and a resulting new form.

He also warned that unpermitted work may become a future problem, recommending that buyers be made fully aware of how a property permit search may be conducted to ensure that permits are closed out and they know what they are purchasing.

He covered how flood insurance costs may increase if there are repetitive claims (2 or more over $1K in a 10-year period) and how FEMA requirements can be strict to reinsure. He also discussed dry floodproofing (which many of us had now heard of). He advised that several commercial properties on Periwinkle are restoring that way.

During the question/answer period that followed, I asked how visitors who want to come back and stay in condos can find out if a property is ready for rentals. He said most complexes are not yet ready and suggested that they call that condo Association. Also mentioned that before a property is rented it should be inspected by a fire marshal to be sure that alarms, smoke detectors, fire extinguishers, etc. are available/working, and that stairs/walkways are safe.

At SanibelSusan Realty

As Dave and I continue to work with both buyers and sellers, Lisa keeps our inventory list updated which I email to many island lovers. We haven’t bulk mailed those out in some time, so if you’d like to get an updated email version, just let me know at Susan@SanibelSusan.com. We also look forward to announcing some new listings soon, but always welcome more.

Next week, Mon and Tues afternoons from 1 to 3 p.m. I will be attending Zoom meetings for Florida Realtors® Real Estate Brokers. There are four speakers each day including some favorites. On Mon, Lawrence Yun, NAR Chief Economist will cover the Federal Economic Update, followed by NAR’s Legal Update, a Federal Issues Update, and then a session by one of the best Florida Realtors® instructors Steve David. Tues covers more state/local specific topics when Dr. Brad O’Connor FR Chief Economist will cover Florida’s Economic Outlook, our General Counsel Juana Watkins will cover FR Legal Update, followed by a Legislative Preview by our Public Policy VP Andy Gonzalez. It wraps up with info on how RPAC is working close to home.

Tues morning also is a quick meeting of our local Professional Development Committee where we are setting up speakers (like those yesterday) and educational sessions for our members next year.

Sanibel & Captiva Islands Multiple Listing Service

Below, with data from the islands MLS are summary tables of the residential sales statistics, followed by scoop about our listings and the island MLS action this week.

On the commercial side, the former small VIP office across the street from Tahitian Gardens at 2000 Periwinkle Way, closed for $600K.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 74 1,075,637 149 114 1,708,068 88 35 986,254 160
Under contract 7 978,271 73 10 1,489,000 50 3 1,543,000 19
Sold 2023 to 12/1 93 946,941 64 253 1,271,836 73 24 913,354 75
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 23 1,535,891 122 17 6,509,176 120 2 7,247,500 85
Under contract 5 1,185,800 51 1 3,485,000 179 0 N/A N/A
Sold 2023 to 12/1 14 784,357 100 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

Holiday Events & Re-openings

Sanibel Café – reopened today for the first time since Ian. Serving breakfast and lunch from 7 a.m. until 2 p.m. (closed Tues & Wed).

Lions Club Christmas Tree Sale – continues at The Community House from 10 a.m. to 5 p.m. Wed through Sat, while supplies last.

Deck The Shore – at Sanibel Historical Museum & Village on today Dec 1 from 4 to 6 p.m. with caroling, refreshments, and tree lighting.

Sanibel Lights – at Sanibel Community House & St Michael’s Church also today Dec 1 from 4 to 7 p.m. Stroll the tunnel of lights between locations and enjoy music, food, and activities.

BIG ARTS Holiday Open House – today Dec 1 from 5 to 7 p.m.

Bailey’s General Store & Grog Shop – taste tasting at the former service station at Bailey’s Center today Dec 1 from 5 to 7 p.m.

F.I.S.H. Annual 5K/10K Races – tomorrow Dec 1 with some rod closures from 7 to 10:30 a.m. There will be delays along the route (West Gulf/Tarpon Bay Rd/Periwinkle/Casa Ybel)

Sanibel Rec Youth Holiday Event & Reindeer Run – at the Rec Center tomorrow Sat Dec 2 from 10 a.m. to 2 p.m. with pizza/BBQ, hot chocolate bar, pictures with Santa, and many activities for children plus the youth reindeer run following the FISH 10K/5K races.

Sound+Waves Music Festival – on the beach at Tween Waters Sat Dec 2 beginning at 5 p.m. Fireworks follow the concert. This is a ticketed event by F.I.S.H. https://FISHmusicfestival.rsvpify.com

Captiva Civic Assoc Inaugural Holiday Bazaar – Mon Dec 4 from 2 to 4 p.m. & Tues Dec 5 from 10 to 4 p.m. at the Captiva Civic Center.

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 24 – Dec 1

Sanibel

CONDOS

6 new listings: Sanibel Arms #E3 1/1 $439K, Sanibel Arms #A7 1/1 $499.9K, Sunset South #1B 2/2 $629K, Sunset South #3C 2/2 $789K, Sundial #N203 2/2 $995K, Seascape #302 3/3.5 $1.75M.

No price changes.

4 new sales: Seashells #40 2/2 listed at $475K, Spanish Cay #C4 2/2 listed at $489K, Pointe Santo #C2 2/2 listed at $960K, Sundial #K405 2/2 listed at $1.375M.

2 closed sales: Sundial #J108 2/2 $515K, Loggerhead Cay #513 2/2 $1.115M.

HOMES

8 new listings: 1603 Sand Castle Rd 3/3 $774K, 2058 Wild Lime Dr 3/2 $985K, 6141 Henderson Rd 3/3 $989K, 4760 Rue Helene 3/2 $1.459M, 815 Birdie View Pt 3/3 $2.195M, 2525 Lands End Pl 4/3 $2.275M, 5095 Joewood Dr 3/3.5 $2.495M, 1318 Seaspray Ln 5/3.5 $2.795M.

1 back on market: 5892 San-Cap Rd 3/3 $775K.

7 price changes: 4269 Gulf Pines Dr 2/2 now $734K, 998 Greenwood Ct N 3/2.5 now $739K, 1813 Long Point Ln 4/2.5 now $985K, 9393 Peaceful Dr 3/2 now $1.29M, 1517 Sand Castle Rd 4/3.5 now $1.495M, 1202 Sand Castle Rd 4/2.5 now $1.699M, 1365 Jamaica Dr 3/2.5 now $1.8M.

No new sales.

1 closed sale: 2564 Wulfert Rd 4/5.5 $3.35M.

LOTS

1 new listing: 717 Birdie View Pt $612K.

No price reductions, new or closed sales.

Captiva

CONDOS

No new listings or price reductions.

1 new sale: Marina Villas #805 2/2 listed at $995K.

2 closed sales: Tennis Villas #3227 1/1 $450K, Beach Villas #2613 1/1 $675K.

HOMES

1 new listing: 15557 Captiva Dr 5/4.5 $4.75M.

No price reductions, 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

Last November Friday 2023… Christmas is Coming…

With Thanksgiving yesterday, the islands are now transitioning to holiday mode. Christmas décor is popping up everywhere. Many individual events are planned to replace the island-wide luminaries that traditionally are the first Friday (on Sanibel) and Saturday (on Captiva) in December. As hurricane recovery continues, the larger Chamber-organized luminary events are postponed until next year. Below are some of the mini-happenings to brighten holiday spirits.

Weather-wise, it’s time to get out the winter flip flops and an occasional sweater. Night temperatures are forecast to dip into the 50’s this week. Days have been and are forecast to often be partly cloudy but warming up into the 70’s/low 80’s. Great weather for an open sum-roof.

As I toured around the island yesterday, I was surprised to see so many workers on Thanksgiving morning – roofers, landscapers, construction workers. Videos taken then of East, Middle, and West Gulf Drive beachside are posted on my Facebook page.

Holiday Events

Lions Club Christmas Tree Sale – begins today at The Community House from 10 a.m. to 4 p.m. After this weekend, they will be available Wed through Sat also from 10 a.m. to 5 p.m., while supplies last.

Sanibel Masters Art Festival – is indoors at The Community House today & tomorrow, Nov 24 & 25 from 9 a.m. to 4 p.m. Also, Sun Nov 26 until 2 p.m.

Tween Waters Annual Tree Lighting Celebration – is tonight from 5 to 9 p.m. when more than 200,000 holidays lights are lit in musical synchronicity including on their 30’ tree. Live holiday music plus fireworks on the beach. Laser lights and real snow falling from palms trees too.

Deck The Shore – at Sanibel Historical Museum & Village on Fri Dec 1 from 4 to 6 p.m. with caroling, refreshments, and tree lighting.

Sanibel Lights – at Sanibel Community House & St Michael’s Church on Fri Dec 1 from 4 to 7 p.m. Stroll the tunnel of lights between locations and enjoy music, food, and activities.

Sanibel Rec Youth Holiday Event & Reindeer Run – at the Rec Center Sat Dec 2 from 10 a.m. to 2 p.m. with pizza/BBQ, hot chocolate bar, pictures with Santa, and many activities for children plus the youth reindeer run following the FISH 10K/5K races.

Sound+Waves Music Festival – on the beach at Tween Waters Sat Dec 2 beginning at 5 p.m. Fireworks follow the concert. This is a ticketed event by F.I.S.H. https://FISHmusicfestival.rsvpify.com

Causeway Scoop

Florida Dept of Transportation has continued work on the causeway through the holiday, but there will be no lane closures the weekend.

Protect Captiva

SCCF (Sanibel-Captiva Conservation Foundation) posted the following notice this week:

“We’re excited to announce the Protect Captiva Coalition’s new website and Facebook page! Now, there will be even more ways to access the latest information, engage, and get the word out about preventing increased building heights and density on Captiva.

“Check out our new website, www.ProtectCaptiva.org. Here, you will find the latest information and resources about our efforts to protect our beautiful island community.

Please follow and like us on Facebook! This is where our community can join together and show why the Lee County Commissioners should stand with our near-universal opposition to the proposed amendments. You can help spread the word by sharing our posts, or by posting your own reasons for opposing the amendments. Please use the hashtag #ProtectCaptiva.

“Thank you to everyone who has joined our mission to protect the character and safety of our barrier island. We’re grateful for your support and look forward to continuing to work together to Protect Captiva!”

Sanibel & Captiva Islands Real Estate News

Though the Association of Realtors® again didn’t meet this week, we look forward to our monthly membership meeting next Thurs when Sanibel City Manager Dana Souza and Chief Building Official Craig Mole will update us on island recovery. I’m doing their intros!

At SanibelSusan Realty, teammate Dave and I were both busy this week with buyers and sellers. The new and it-seems ever-changing post-hurricane challenges continue to complicate real estate transactions, so it’s always a good week when listings are successfully under contract and we make new sales.

Below, with data from the islands MLS (Multiple Listing Service), are summary tables of the residential sales statistics, followed by the island MLS action this week. So far, our two Sanibel sales are the only ones on the island this week! We are thankful!

On the commercial side, a new listing was posted in MLS that includes four parcels in Tradewinds. Included are 4819 Tradewinds Dr, 4788 Tradewinds Dr (home), and duplexes on 1344 Jamaica Dr and 1350 Jamaca Dr. Asking price for the package is $6.7.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 74 1,091,638 150 107 1,709,493 89 36 968,191 173
Under contract 4 1,210,975 65 12 1,542,416 68 3 1,543,000 19
Sold 2023 to 11/24 91 949,841 65 251 1,266,233 73 23 940,021 78
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 24 1,513,354 112 17 6,509,176 113 2 7,247,500 78
Under contract 6 1,014,833 23 1 3,495,000 179 0 N/A N/A
Sold 2023 to 11/24 12 821,000 110 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 Nov 17‑24

Sanibel

CONDOS

2 new listings: Ibis at The Sanctuary #B101 2/2, Mariner Pointe #223 2/2.5 $924.9K.

1 back on market: Gulfside Place #208 2/2 $1,365,555.

2 price changes: Sanibel Siesta #501 2/2 now $689K, Bandy Beach #E101 3/2 now $1.3M.

1 new sale: Blind Pass #C106 2/2 listed at $499K (SanibelSusan listing).

1 closed sale: By-the-Sea #C301 2/2 $1.5M.

HOMES

7 new listings: 857 Rabbit Rd 1/1 $650K, 2066 Wild Lime Dr 2/1 $699.9K, 465 Lake Murex Cir 2/2.5 $1.149M, 5422 Shearwater Dr 3/2.5 $1.447M, 4389 Gulf Pines Dr /3 $1.75M, 3526 West Gulf Dr 5/4.5 $2.25M, 1052 Whisperwood Way 3/3 $2.65M.

4 price changes: 1377 Sand Castle Rd 3/2 now $699K, 4269 Gulf Pines Dr 2/2 now $744K, 555 Piedmont Rd 3/2 now $1.15M, 2255 Troon Ct 4/5.5.5 now $2.999M.

1 new sale: 924 Kings Crown Dr 4/3 listed at $1.55M (SanibelSusan buyer).

4 closed sales: 1624 Bunting Ln 3/2 $640K, 1160 Buttonwood Ln 3/2 $780K, 2042 Wild Lime Dr 3/2 $799K, 4273 West Gulf Dr 5/4.5 $6.575M.

LOTS

1 new listing: 859 Rabbit Rd $425K.

1 price change: 711 Cardium St now $599.9K.

1 new sale: 4171 West Gulf Dr listed at $3.995M.

No closed sales.

Captiva

CONDOS

2 new listing: Tennis Villas #3127 1/1 $475K, Captiva Beach Villas #3E 5/4.5 $4.75M.

No price reductions, new or closed sales.

HOMES

1 new listing: 16211 Captiva Dr 4/4.6 $4.75M.

No price reductions.

1 new sale: 1101 Tallow Tree Ct 4/4 listed at $3.495M.

No closed sales.

LOTS

Nothing to report.

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

Enjoy your weekend, Susan Andrews, aka SanibelSusan

Sanibel & Captiva Islands – Looking Forward to Thanksgiving 2023

I think I’ve boasted too many times lately about how wonderful the Sanibel fall weather has been. It sure changed this week. After a nice Monday, on Tuesday afternoon a quick heavy shower was a prelude to what Wednesday would bring. That was when the rain came down in buckets with winds up to 50 mph. Three island transformers blew, and 1300 island properties lost power. LCEC (Lee County Electric Co-op) was quick to restore though; they really are terrific.

Sunshine is peeking through today amid a few clouds and as we look forward to the upcoming holiday week, temperatures again may get into the low 80’s, with only occasional chances of rain. Thanksgiving Day is forecast as partly cloudy and 77 degrees F.

Even during the bad weather, causeway crews were hustling to meet their goal of roads/bridges done by year-end. Starting at 7 p.m. tonight, causeway traffic again will be limited to 1-lane until 6 a.m. Monday morning. Flaggers will be directing the 2-way traffic. Whether coming or going from now through Dec, it pays to plan on it taking additional time.

Holiday Events & Re-openings

Thanksgiving Dinner & Butterfly Release is going on now at The Community House with singers from the BIG ARTS Community Chorus also performing (not this alto though, work prevails).

Lions Club Christmas Tree Sale – is next Fri, Sat, Sun, Nov 24-26 at The Community House from 10 a.m. to 4 p.m.

Sanibel Masters Art Festival – is indoors at The Community House next Fri & Sat, Nov 24 & 25 from 9 a.m. to 4 p.m.

Sanibel Café – reopening Dec 1.

Sanibel Beach Recovery Project

The start of the City’s Hurricane Ian Beach Recovery & Resilience Project is now expected to begin Dec 13, with completion by Apr 15, 2024. Sand will be trucked to the island and placed along the open beach, primarily between the mean-high water line and the existing dune vegetation line and to fill accessible gullies/washouts that occurred as the storm surge receded. Once complete, the beach profile will be close to pre-hurricane beach conditions. The final implementation plan will be developed once the contractor is selected.

Sanibel & Captiva Islands Real Estate News

Though the Association of Realtors® didn’t meet this week, The SanibelSusan Team was busy as were many colleagues. I met clients Mon. teammate Dave and I both showed property Tues, while Wed was an inspection day. Yesterday, between more showings, we both fielded buyer and seller calls. Tomorrow, we both will be showing again. It is nice to be busy, but ole Hurricane Ian sure continues to create new challenges.

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

The number of condo listings continues to grow, but there were no condo sales this week. Sanibel single-family homes remain the top commodity, with canal-front the best seller. There already have been 25 sales in Shell Harbor alone.

On the commercial side, it was posted in MLS that The Anchor Inn at 1245 Periwinkle is under contract. Asking price $3.5M.

I also heard this week that the Sanibel Marina again sold. Maybe that’s why Gramma Dot’s sign says their reopening has been delayed until the end of the month, Still need to confirm that sale rumor.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 72 1,082,662 148 99 1,694,918 88 37 1,049,321 162
Under contract 4 1,427,388 70 16 1,738,000 86 2 317,000 20
Sold 2023 to 11/17 90 943,728 66 247 1,251,132 71 23 940,021 78
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 23 1,372,630 112 16 6,259,437 124 2 7,247,500 71
Under contract 6 1,014,833 23 0 N/A N/A 0 N/A N/A
Sold 2023 to 11/17 12 821,000 110 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 Nov 10-17

Sanibel

CONDOS

5 new listings: Blind Pass #C201 2/2 $629K, Sundial #K403 2/2 $1.3M, Sundial #K405 2/2 $1.375M, West Shore #2 3/3 $1.95M, West Shore #5 3/3 $1.995M.

1 back on market: Seashells #40 2/2 $475K.

2 price changes: Sundial #D309 1/1 now $499K, Mariner Pointe #541 2/2 now $547.5K.

No new sales.

2 closed sales: Spanish Cay #D4 2/2 $535K, Mariner Pointe #711 3/2 $850K.

HOMES

7 new listings: 4752 Rue Helene 4/3 $599K, 1119 Schooner Pl 2/2 $839K, 9393 Peaceful Dr 3/2 $1.3M, 438 Glory Cir 3/3 $1.45M, 5810 Pine Tree Dr 3/3 $2.895M. 5387 Shearwater Dr 4/4.5 $3.248M, 4163 West Gulf Dr 5/4 $4.5M.

3 back on market 1835 Ardsley Way 2/2 $450K, 560 Piedmont Rd 3/2 $639K, 1245 Anhinga Ln 3/2 $1.299M.

2 price changes: 4263 Gulf Pines Dr 3/2 now $825K, 501 Lagoon Dr 3/2 now $1.228M.

6 new sales: 2134 Egret Cir 3/2 listed at $749K, 9472 Balsa Ct 2/2 listed at $1.125M, 1388 Tahiti Dr 3/2 listed at $1.199M, 6063 San-Cap Rd 4/3 listed at $1.399M, 1322 Seaspray Ln 3/2.5 listed at $1.6M, 488 Lighthouse Way 4/4 listed at $4.295M.

4 closed sales: 1683 Atlanta Plaza 3/2 $440K, 1653 Sand Castle Rd 3/3.5 $679K, 579 Rabbit Rd 4/3.5 $778K, 1684 Bunting Ln 2/2 $825K.

LOTS

1 new listing: 800 Sand Dollar Dr $1.2M

1 price change: 4171 West Gulf Dr now $3.995M.

No new or closed sales.

Captiva

CONDOS & LOTS

Nothing to report.

HOMES

1 new listing: 15160 Captiva Dr 6/6.5 $5.249M.

2 price reductions: 1101 Tallow Tree Ct (1/2 duplex) 4/4 now $3.495M, 11539 Andy Rosse Ln 4/4 now $4.1M.

No 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.

Enjoy your weekend & best wishes for a Happy Thanksgiving,

Susan Andrews, aka SanibelSusan

A Sunny Veterans Day on Sanibel & Captiva Islands

It’s been another busy week on the islands and I bet you don’t want to again hear that it is sunny and 84 degrees F. It was a week of near-perfect weather according to many. What some of us wait for all year. Now that the dry season has begun, we watch for occasional showers. The forecast doesn’t show a chance of one until the end of next week.

Bridge traffic continues to be iffy. Dave and I continue to try to plan our on/off-island travels around dayworkers schedules. With the causeway construction amped up, those workers also try not to impact the day workers coming and going from the island.

Here is the message that the City received today from the Florida Department of Transportation (FDOT) regarding causeway work though next week:

“Sanibel Causeway Emergency Restoration:  As a part of the Florida Department of Transportation’s (FDOT) Emergency Restoration of the Sanibel Causeway, crews continue work on McGregor Boulevard and the Sanibel Causeway from Port Comfort Road to Sanibel Island. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access, including from the water.

  • During the NIGHTTIME/OVERNIGHT hours of 7 p.m. to 6 a.m. on Friday evening, Nov 10, through Sat morning, Nov 11, motorists should expect ONE LANE OPEN to two-way travel. Flaggers are scheduled to help with traffic control.
  • Beginning no earlier than 10 a.m., motorists traveling westbound to Sanibel on McGregor Boulevard should expect segments of the outside through lane from Port Comfort Road to the toll plaza to be closed for crews to install guardrail.
  • Beginning at 7 a.m., motorists traveling westbound to Sanibel on McGregor Boulevard should expect segments of the turn lane to Punta Rassa to be closed to traffic for crews to install guardrail. Motorist can continue to turn right to Punta Rassa.
  • Motorists should be aware that through October and November, portions of the travel lanes near the bridges on the Causeway will be narrowed to 10 feet with a one-foot shoulder and barrier wall on each side.  Oversized loads will only be permitted during the nighttime/overnight hours with this restriction.
  • During the hours of 6:30 – 11 a.m., motorists leaving Sanibel should expect eastbound McGregor Boulevard to be reduced to one lane from just east of the toll plaza to Port Comfort Road. This closed lane will be used as a dedicated lane for concrete delivery trucks arriving to the project. Concrete trucks will be escorted by FHP when using this lane.During this time, motorists traveling to Sanibel should expect FHP to intermittently stop traffic to allow concrete trucks to cross westbound travel lanes to reach the staging area.
  • Through the end of the year, motorists should expect isolated flagging operations, an uneven road surface, periodic shoulder closures, workers and equipment close to the road, and numerous dump trucks entering and exiting Punta Rassa to deliver project supplies.

Many oversized vehicles are crossing the causeway to assist with recovery efforts on the island. Please be patient as travel may be slower than usual. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway and pedestrians are not permitted on the Sanibel Causeway. Expect shoulder closures throughout the project. “

Another challenge this week, causeway related, is that another fiber optic line was cut that affected phone and internet service on much of the island. Luckily, my east-end home was not affected, but I did not have to drive far to lose connections. I stopped in at Bank of the Islands mid-week and they had been without service all day.

Sanibel & Captiva Islands Association of Realtors®

Tues morning was the monthly meeting of the Professional Development Committee where we finalized the class offerings and educational events for the rest of the year. Nov membership meeting speaker is Sanibel Building Dept Director Craig Mole and Dec meeting speaker is the new Sanibel School Principal Jennifer Lusk.

The local Association of Realtors® had a extra busy day yesterday, beginning with an early morning Caravan Meeting at The Community House – our first one back in their Great Hall which recently reopened. The meeting began a few minutes late because of causeway delays. Workday mornings it can be backed up on Summerlin past Kelly Greens, sometimes as far as San Carlos Blvd.

Even so, the Caravan Meeting was well attended and following announcements, ten Sanibel homes were open for easy viewing. That is more properties than we have seen open in many months.

Last night, after work, the Association Communications and Public Relations Committee organized our annual event to benefit F.I.S.H.

Cleverly advertised as “F.I.S.H.mas”, members and friends were encouraged to go to Rosalita’s Cantina between 5 and 7 p.m. with donations of items for children and seniors were collected, to go to F.I.S.H. for distribution to those in need.

This was the first time in many years that many of us had been in the separate private party area at Rosalita’s so it was fun to remember the many establishments that have been there.

At SanibelSusan Realty

We put another condo under contract over the weekend which is included in the MLS info posted below and we have been working on the action items associated with that transaction. Dave also prepared an inventory, checked our listings, is updating our database, and is ready to accompany a condo inspection next week.

I again fielded some calls from both buyers and sellers, as we both continue to view property for absentee purchasers. Yesterday, between the various Association events and BIG ARTS Chorus rehearsal, I attended an on-line update for brokers by Florida Realtors® leadership team. Over 4K Florida Realtors® Zoomed in. A special take-away was advice from Florida Realtors® General Counsel & Vice President of Law & Policy Juana Watkins, Esq. who said, “Remember, just because you can, doesn’t mean you should.”

Sanibel City Council Meeting

Late Tues afternoon, I received the City message about the loss of internet service at BIG ARTS and that they were afraid that the upcoming City Council meeting (5:30 p.m.) would not be streamed live. So, being interested in the proposed building code changes that could affect real estate, I quickly hopped in my car to attend in person.

Though the audience was sparse, and the meeting did get filmed, I managed to sit through the whole thing. Beginning a few minutes early and not wrapping up until nearly 9 p.m., I came away in awe of the many topics discussed, business covered, and thoughtful deliberations that were conducted. For details or to listen and see the various PowerPoint presentations, go to The City of Sanibel Facebook Page. Here are a few takeaways:

  • Island Water Association recognized for their efforts as first responders following Hurricane Ian.
  • Sanibel School PTA members and several students presented a check to the City for the playground they cost share.
  • Planning Commission provided good update on all the work they have done on the proposed building ordinances.
  • For future agendas: Alternatives to be investigated for July 4th celebration (instead of fireworks). Also suggestions for use of City-owned Library Way parcels.
  • 1st reading of proposed Ordinance to adjust maximum building heights in residential areas. This is the next step, following the Special Meeting, City Council hosted last week, These are good changes with it coming up for Commissioner vote at their next meeting (2nd reading).
  • 2nd reading of proposed Ordinance to update resort housing district building height rules. It passed unanimously (with one Commissioner jokingly calling it the Tony Lapi ordinance). Hopefully these clarifications will mean Tony can rebuild West Wind Inn without losing units.
  • During the Natural Resources Department reports on island lakes, golf courses, and canals, it was confirmed that the salinity from Hurricane Ian greatly affected water quality which was already compromised and continues to be an issue of primary concern. This alone is a good reason to listen to the presentation by Natural Resources Director Holly Milbrandt. If you start listening at hour 2, you will hear Holly describe how the emergency projects for beach sand restoration are progressing. Many permits are involved (Army Corps, state, federal). They had ambitiously hoped work would be completed by the start of shorebird nesting season (Feb 15). Holly said at least a 30-day delay is expected so they are coordinating with SCCF for any monitoring needed. The hard line is May 1 when sea turtle nesting season again begins. (You probably don’t want to hear the part where Holly confirms that 375 truckloads of sand will be coming daily once the sand restoration begins. A staggering 80,000 tons of sand are planned just for the lighthouse area where the low elevation has required additional permitting.

Sanibel & Captiva Islands Real Estate

With data from the islands MLS (Multiple Listing Service), below are summary tables of the residential sales statistics, followed by the island MLS action this week.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 66 1,063,124 153 97 1,697,978 88 35 1,075,854 164
Under contract 6 1,197,259 93 16 1,332.875 86 2 317,000 20
Sold 2023 to 11/10 88 949,438 64 243 1,260,525 72 23 940,021 78
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 23 1,569,152 114 15 6,386,466 125 2 7,247,500 64
Under contract 6 1,014,835 23 0 N/A N/A 0 N/A N/A
Sold 2023 to 11/10 12 821,000 110 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 Nov 3-10

Sanibel

CONDOS

2 new listings: Sundial #D312 1/1 $447K, Sundial #L401 2/2 $1.4M.

1 back on market: Sand Pointe #116 2/2 $899.9K.

1 price change: Loggerhead Cay #174 2/2 now $899.9K.

2 new sales: Sundial #E208 2/2 listed at $1.25M, Gulfside Place #208 2/2 listed at $1,365,555 (SanibelSusan sale).

4 closed sales: Colonnades #17 1/1 $274K, Sundial #I106 1/1 $350K, White Sands #11 2/2 $875K, Seascape #204 3/3.5 $2,813,500.

HOMES

8 new listings: 4269 Gulf Pines Dr 2/2 $749K, 998 Greenwood Ct N 3/2.5 $749K, 1220 Par View Dr 3/2 $1.44M, 969 Whelk Dr 3/2.5 $1.595M, 1402 Middle Gulf Dr 3/3 $1.595M, 759 Pyrula Ave 3/3 $1.895M, 1157 Bird Ln 3/3.5 $3.995M, 4099 West Gulf Dr 5/5.5 $5.499M.

5 price changes: 455 Peachtree R 2/2 now $795K, 1806 Ibis Ln 3/2 now $849K, 1731 Serenity Ln 4/3 now $995K, 1306 Par View Dr 3/3.5 now $1.5M, 488 Lighthouse Way 4/4 now $4.295M.

3 new sales: 1835 Ardsley Way 2/2 listed at $450K, 560 Piedmont Rd 3/2 listed at $639K, 1143 Sand Castle Rd 3.2.5 listed at $799K.

3 closed sales: 1754 Windward Way 2/2 $819K, 1999 My-Tern Ct 3/2 $925K, 4355 West Gulf Dr 4/4.5.5 $4.7M.

LOTS

No new listings.

1 price change: 972 Fitzhugh St now $325K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Lands End #1651 2/2 $1.395M.

No price changes.

1 new sale: Bayside Villas #2615 1/1 listed at $695K.

1 closed sale: Tennis Villas #3210 1/1 $520K

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 & remember to honor veterans,

Susan Andrews, aka SanibelSusan

More Great Weather in Sunny SW Florida

As the calendar flipped to November, the nighttime temperatures in SW Florida took a slight dip. It is now getting down into the low to mid 60’s at night, but still blue-sky sun-shiny days in the mid 80’s. Adding in some daytime breezes have made it especially nice for the many outdoor workers on the causeway and the islands.

More delightful weather is forecast for next week which probably will equate to more snowbird arrivals. It’s nice to see the island getting busier.

Do not forget, if you are traveling on- or off-island on the weekends in Nov and Dec, causeway traffic will be limited to one-lane. DOT is aiming to have the roadway work done by the end of the year. It is amazing to see the changes every time we cross over to the mainland. The number of workers and amount of equipment have increased significantly.

Sanibel & Captiva Islands Association of Realtors®

The local Association of Realtors® did not meet this week, but I got a nice letter from our CEO thanking me for SanibelSusan Realty’s sponsorship at the recent end-of-year golf tournament and RPAC Auction. I also was recognized nationally as a major RPAC investor.

Also, this week from Florida Realtors® incoming President, I was asked to confirm appointments to her 2024 leadership team. They involve participation at the state Mid-Winter Business Meetings in Orlando in January and the Annual Meetings in August. I am proud to serve and happy to volunteer. My appointments are to the Resort & Second Home Specialist Breakout Group, the Program Development Subcommittee (educational programs), and the Professional Development Committee. I have served on state committees since 1999 when I was President of our local Association. The networking and business that result from these commitments are additional special benefits.

At SanibelSusan Realty

Teammate Dave and I met Monday with a homeowner considering listing in a few weeks. Like others, they are waiting until their restoration work to be complete.

We both also fielded inquiries from others thinking of buying and selling. We showed canal homes yesterday, and residential condos today.

Business is picking up, that is for sure. Most in-demand are properties that are ready to be occupied. We continue to also hear from visitors looking for rental accommodations this winter. We say, “If you can’t find a place, buy one. The time is right for that.”

Re-openings & Island Events

Sanibel Lights – The Sanibel Historical Museum & Village is scheduled to reopen. They are planning a special celebration on Fri, Dec 1, 2023, and then will resume their regular operating schedule on Sat, Dec 2. (That is Tues through Sat from 10 a.m. to 4 p.m.) The Dec 1 celebration will be part of a centralized community event called Sanibel Lights from 4 to 7 p.m. It is a collaboration between the Museum, BIG ARTS, The Community House, and St. Michael & All Saints Episcopal Church. It will include decorations, refreshments, tree lighting and live entertainment including carols by The BIG ARTS Community Chorus.

New Wildlife Dr Hours – When daylight savings time ends on Sun Nov 5, gate times on Wildlife Dr at the Refuge will change to 7 a.m. to 5:30 p.m. Sat through Thurs (closed Fri).

Change in Lee County Board of Commissioners Meeting – The “Protect Captiva” coalition was advised that the County Board of Commissioners has scheduled a new hearing on Dec 6 at 9:30 a.m. If you are available, please attend to voice your opposition to the proposed amendments which are specifically for the Captiva chapter of the Lee Plan which eliminate the Captiva height limitations from the Plan, notwithstanding the comments from the state Bureau of Community, Planning, and Growth calling the County amendments a “false flag” operation.

Sanibel Special City Council Meeting

Wed night, Sanibel City Council held a Special Meeting to discuss the building recommendations forwarded to them from the Planning Commission meeting the week before. Those meetings usually are streamed live on the City’s web and Facebook pages, but there has been disruption of internet and cell service on some of the island this week. When I heard that BIG ARTS was affected and that’s where the meeting was going to be held, I instead attended in person.

Sanibel Director of Planning, Paula McMichael gave an excellent presentation with staff recommendations which are:

  • ·        Maintain limitations of the Sanibel Plan which are 3 stories above base flood elevation.
  • ·        Amend the Sanibel Code to allow a moderate increase in height for residential and institutional uses, including for angle-of-light. (This encourages people to elevate their homes, creating a more resilient community, while maintaining the existing character of Sanibel.)
  • ·        No proposed changes to existing height regulations for commercial and resort housing districts.

The effect of proposed changes to the Sanibel Plan do not require a plan amendment or voter referendum approval. They include no change to the 3-story limitation. A modest increase on average of 5’ allows homeowners to anticipate potential increases to required base flood elevations and to voluntarily elevate above required base flood elevations. The changes also address all issues related to height and build-back currently before staff.

More to come on these subjects at the upcoming Planning Commission and City Council Meetings.

Sanibel & Captiva Islands Real Estate

With data from the islands MLS (Multiple Listing Service), below are summary tables of the residential sales statistics, followed by the island MLS action this week.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

67

1,075,566

148

91

1,645,130

90

35

1,076,568

157

Under contract

8

1,152,125

83

16

1,652,625

92

2

317,000

12

Sold 2023 to 11/3

84

943,310

64

240

1,249,432

71

23

940,021

78

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

23

1,538,717

104

15

6,386,466

118

2

7,247,500

57

Under contract

6

990,666

41

0

N/A

N/A

0

N/A

N/A

Sold 2023 to 11/3

11

848,363

108

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 Oct 27-Nov 3

Sanibel

CONDOS

4 new listingsMariner Pointe #312 2/2 $649.9K (our listing), By-the-Sea #C202 2/2 $995K, Sundial #E208 2/2 $1.25M, Sanibel Sunset #102 3/2 $1.989M.

Mariner Pointe #312

No price changes.

1 new sale: Loggerhead Cay #513 2/2 listed at $1.295M.

1 closed sale: Sundial #N402 2/2 $1.1M.

HOMES

8 new listings: 560 Piedmont Rd 3/2 $639K, 1448 Albatross Rd 3/2 $849K, 3702 Coquina Dr 2/2 $850K, 1113 Skiff Pl 5/3 $859K, 555 Piedmont Rd 3/2 $1.2M, 1213 Sand Castle Rd 4/2.5 $1.349M, 811 Birdie View Pt 3/2.5 $1.975M, 2287 Starfish Ln 4/4 $2.995M.

1 back on market: 766 Donax St (duplex) 4/2.5 $699K.

5 price changes: 2991 Singing Wind Dr 3/2 now $525K, 1105 Skiff Pl 3/2 now $785K, 1143 Sand Castle Rd 3/2.5 now $799K, 1586 Century Ct 3/2.5 now $933K, 2255 Troon Ct 4/5.5.5 now $3.345M.

1 new sale: 1624 Bunting Ln 3/2 listed at $724K.

3 closed sales: 9231 Belding Dr 2/2 $435K, 1535 Centre St 2/2 $615K, 896 Limpet Dr 3/3 $1.7M.

LOTS

1 new listing: 4171 West Gulf Dr 4.375M.

No price changes, new, or closed sales.

Captiva

CONDOS

No new listings or price changes.

1 new sale: Bayside Villas #5226 1/2 listed at $689K.

No closed sales.

HOMES

3 new listings: 11516 Wightman Ln 5/4.5 $3.75M, 11529 Andy Rosse Ln 4/4 $4.495M, 15153 Captiva Dr 3/3 $6.499M.

1 price change: 16632 Captiva Dr 5/4 now $7.95M.

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 & remember to “fall back” an hour Sunday morning.
Until next Fri, Susan Andrews, aka SanibelSusan

Happy Halloween on the Islands!

It’s been another week of wonderful SW FL weather – lots of blue sky, sunshine, and breezes. No need to get out those winter flip flops yet. I just returned from doing some island chores. My car reports it is 87 degrees F. Not exactly Halloween weather, but here trick or treaters don’t need heavy costumes!

Gumbo Limbo is the Sanibel neighborhood that usually has the most trick or treaters, but I smiled when I saw these decorations today in The Dunes.

Sanibel & Captiva Islands Association of Realtors®

Yesterday morning was the annual meeting of the islands Association of Realtors®. It began with a buffet breakfast at BIG ARTS followed by presentations in the Performance Hall, including confirmation of election results, and reports by 2023 Association President Greg Demaras, Treasurer & Professional Development Committee Chair Becky Mulka, Communications & Public Relations Committee Chair Connie Walters, Governmental Affairs Committee Chair Eric Pfeifer, Affiliates & Special Events Committee Co-Chair Valerie Tutor, & RPAC Committee Co-Chairs Dave Arter & Brendan Albright.

CEO Bill Robinson also provided an update on the repairs/restoration underway at our Association building at 2353 Periwinkle Way. His Power Point had photos of its condition right after the storm, following interior demo, and today. Expected re-occupancy is sometime during 1st quarter 2024. Like with so many damaged properties, we aren’t holding our breath, but it was good news to hear that the exterior work is about 70% complete, 30% done on the inside.

(Note: Our downstairs tenant Finnemore’s has been working from their spaces for some time, so if you are looking to rent a bike/trike, paddleboard, kayak, or other beach equipment, please consider giving them your business. I have also heard great feedback on their equipment repairs, so if your bike needs a post-storm tune-up, I bet they can help. www.Finnimores.com)

Advertised at the last minute as a costume contest, the Annual Meeting costume judging occurred just before the Caravan Meeting. Yours truly garnered 2nd place with her version of “50 Shades of Grey” which included an outfit adorned with that many paint samples. VIP’s Ted Benjamin, as a Viking, won 1st. Thanks to Superior Title for donating the Halloween basket prizes. The pumpkin beer in my winnings went to teammate Dave!

The Caravan Meeting with announcements that followed included five Sanibel homes and one on Captiva open for viewing from 9 a.m. until noon. The next Caravan Meeting will be Thurs Nov 9 at 8:30 a.m. at The Community House.

Also, the evening of Nov 9, Association members will meet after work at Rosalita’s where the Association is hosting a “Merry FISHmas” drop-in event. We will donate toys, senior items, and gift cards which will be go to FISH for holiday disbursement to those in need.

Re-openings & Island News

Adopt a Mangrove – Now, more than ever, the coastal ecosystems need support. SCCF invites you to be a part of the solution by participating in their Coastal Watch Adopt-A-Mangrove Program. Join them tomorrow Saturday Oct 28 from 9 a.m. until noon at the Bailey Homestead Preserve, 1300 Periwinkle Way, for Adoption Day! You’ll be able to pick up mangrove seedlings and everything you need to nurture them at home. The process is simple: You receive a mangrove seedling, pots, and soil, along with all the guidance you need to take care of these vital coastal plants. These baby trees will grow under your loving care until they reach a certain size, when SCCF asks that you return them and they will be planted at one of SCCF’s many restoration sites, contributing to the preservation of coastal habitats. Mangroves are not only vital for the health of the ecosystems but also play a crucial role in climate resilience and the future of the planet. Learn more by visiting https://sccf.org/adoptamangrove/

Car Wash to Benefit Sanibel School Seahorse Chorale – This is another of fundraisers for their trip to NYC to perform at Carnegie Hall. Students will be washing cars Saturday Oct 28 from 9 a.m. until 2 p.m. at Bank of the Islands.

Fall Festival – The Sanibel Community House invites everyone to join them for a spooky Fall Festival Party Saturday Oct 28 from 5 to 7 p.m. (free admission with bag of wrapped candy per family). Enjoy games, prizes, candy, food.

Arts & Crafts Fair – After a year-long hiatus, the newly restored Community House at 2173 Periwinkle Way is hosting an indoor Arts & Craft Fair on Sunday Oct 29 from 9 a.m. to 2 p.m. Celebrating local artisans and the resilience of life on the islands, this event features handmade arts, crafts, and treasures of all kinds. Exceptional vendors have been specially recruited to participate. During the fair, the Sanibel School Seahorse Chorale, which has been invited to perform in the Big Apple’s Carnegie Hall, is raising $ for their trip by selling apple pies for $20.

Select Vacation Properties – This is a repeat of a Facebook post that may be helpful to those wondering what to do with their “white box”. I have known and referred business to Patience for decades: “We’re excited to present Select Vacation Properties design team package plan. Allow us to help turn your “white boxed” property to “turn key” ready. Includes kitchen (excluding appliances), bathrooms, flooring, cabinets, counters, hardware, paint, plumbing fixtures, closet finishes, furniture, decor, ceiling fans and light window treatment. Our office has been transformed into a showroom for your convenience. This is where you can see the product and schedule a meeting with the contractor and/or design team. Feel free to stop by anytime between 9 AM to 2 PM, Monday through Thursday. Our address is 703 Tarpon Bay Road Suite A, Sanibel FL. We’re located upstairs next-door to Timbers restaurant. Our package plan is level 1, 2 and 3. Our goal is to accommodate each individual budget while accommodating current travelers/buyers expectations thus maximizing opportunity. We’ve collaborated with a talented design team and 3 highly qualified contractors. All have been vetted. Each offers quality workmanship and competitive pricing. Our rebuild package is meant to be flexible, accommodating each owner’s individual needs. Length of project depends on the size of property and material selected. Approximate turnaround time for a typical two-bedroom, two-bathroom condo is two months. Getting your property to turnkey ready is a top priority, but it’s equally important to ensure you are guided by a qualified team. Please feel free to call or email with any questions. We are here to help. Patience Rodriguez, Select Vacation Properties, 1-866-455-0028 office, 1-239-223-1225 cell, Patience@selectvacationproperties.com”

Causeway Update

Florida Department of Transportation Sanibel Causeway Community Liaison Jennifer Dorning issued this notice this morning:

“On WEEKENDS through November and December, beginning on Friday, Nov 3, the Causeway will be limited to ONE LANE FOR BOTH DIRECTIONS of travel for the contractor to restore five bridge approaches. This is where the bridges meet the upland roadway (on the land). Flaggers will be controlling traffic during this weekend work. The contractor is making every effort not to impact the heavy weekday traffic. More details are below …:

  • On WEEKENDS through November and December, motorists should expect ONE LANE OPEN to two-way travel during ALL HOURS beginning 7 p.m. on Fridays through 6 a.m. on Mondays. Flaggers are scheduled to assist drivers as crews work around the clock to restore the causeway bridge approaches. Temporary signals may also be utilized to help with traffic control. Motorists should plan for traffic delays and allow additional travel time on these weekends.

“Crews will be working around the clock to replace five approach slabs, all except the undamaged approach from Sanibel onto the western span of the causeway. To expedite this work, the contractor is utilizing a special high early strength concrete that allows each phase of the reconstruction to be completed within 72 hours compared to the normal one-week construction time. Additionally, the contractor will sequence crews from many different disciplines to accomplish the accelerated restoration.

Please use caution and watch for workers and construction vehicles entering and leaving the roadway.

Thank you for your continued patience and support for this project.”

Chamber of Commerce Update

During their member presentation this week, the islands Chamber of Commerce posted a slide with the following recap – some sobering statistics for 13 months post hurricane.

Pre-Ian, the islands had ~7,500 residents, with up to 40,000 people here “in season”.

Now, there are ~1,000 annual residents.

Pre-Ian, the Chamber Visitors Center was seeing ~80,000 visitors a year or averaged 218 daily.

Now, they are averaging 41 per day.

Pre-Ian, there were ~2,600 short-term lodging units on the islands.

Now, there are 139 on Sanibel, 146 on Captiva, with it estimated that it will take until 2025 for 650 units (or ~25% of the number of pre-Ian units) to be ready.

These numbers confirm that restoration is going to take longer than most expected. But the good news is, many properties will be like-new and more resilient!

Sanibel Planning Commission Meeting

Following up on the public Special Planning Commission Meeting held last week about whether changes are needed in Sanibel’s building requirements, I listened in on Planning Commission’s regular Tuesday meeting where they voted unanimously to pass their recommendations on to City Council. The meeting audio can be heard through www.MySanibel.com and the City’s FB page.

Also on their agenda was a request to allow a flat roof on a new building proposed at Shalimar Resort. This was the first resort since Ian that needed special City approval. Shalimar’s rebuild plan includes 12 new cottages, beachside pool, and this new building which will be parallel to West Gulf Dr and hold 21 hotel-style rooms. Since part of the roof will be used for recreation (a sundeck during daytime hours), it was considered in keeping with Sanibel’s requirements and approved. Construction is expected to begin early next year.

Sanibel & Captiva Islands Real Estate

With data from the islands MLS (Multiple Listing Service), below are summary tables of the residential sales statistics, followed by the island MLS action this week.

On the commercial side, the former Dairy Queen with its two surrounding properties closed this week for $1.65M.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 63 1,052,762 150 86 1,679,649 95 34 979,555 155
Under contract 8 1,143,375 83 19 1,537,713 99 2 317,000 12
Sold 2023 to 10/27 83 941,422 64 237 1,253,644 70 23 940,021 78
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 24 1,503,312 96 12 6,821,053 139 2 7,247,500 50
Under contract 5 1,051,000 35 0 N/A N/A 0 N/A N/A
Sold 2023 to 10/27 11 848,363 108 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 Oct 20‑27

Sanibel

CONDOS

2 new listings: Lake Palms #3 2/2.5 $599K, Mariner Pointe #533 2/2.5 $675K.

1 price reduction: Lighthouse Point #232 3/2 now $869K.

2 new sales: Sand Pointe #116 2/2 listed at $980K, Sundial #R406 2/2 listed at $1.799M.

1 closed sale: Sanctuary Golf Village #2-3 2/2.5 $975K

 HOMES

8 new listings: 199 Southwinds Dr 3/2 $1.199M, 450 Leather Fern Pl 3/2 $1.495M, 1321 Sand Castle Rd 3/2.5 $1.495M, 1646 Middle Gulf Dr 3/3 $1.495M, 1202 Sand Castle Rd 4/2.5 $1.749M, 848 Limpet Dr 3/2 $1.85M, 900 Almas Ct 4/4.5 $2.295M, 1042 Blue Heron Dr 3/3.5 $2.495M.

1 back on market: 1365 Jamaica Dr 3/2.5 $1.85M.

5 price changes: 1806 Ibis Ln 3/2 now $875K, 1731 Serenity Ln 4/3 now $1M, 1517 Sand Castle Rd 4/3.5 now $1.785M, 2294 Wulfert Rd 4/4 now $1.799M, 5235 Indian Ct 4/4 now $2.348M.

3 new sales: 5892 San-Cap Rd 3/3 listed at $775K, 579 Rabbit Rd 4/3.5 listed at $799K, 4355 West Gulf Dr 4/4.5.5 listed at $5.25M.

2 closed sales: 5685 San-Cap Rd 3/2 $1.1M, 567 N. Yachtsman Dr 3/3 $1.45M.

LOTS

2 new listings: 2486 Wulfert Rd $359K, 393 & 401 Raintree Pl $599K.

1 price change: 3730 Coquina Dr now $579K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #4220 1/2 $610K.

No price changes.

1 new sale: Tennis Villas #3227 1/1 listed at $460K.

No closed sales.

HOMES

1 new listing: 57 Sandpiper Ct 3/2 $1.699M.

No price changes, new or closed sales.

LOTS

Nothing to report.

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

Enjoy your weekend! Happy Halloween! & please contact The SanibelSusan Team if we may help you!

Susan Andrews, aka SanibelSusan

Back to Sunshiny Days & Blue Skies on Sanibel & Captiva

Fall has arrived on sunny Sanibel & Captiva Islands. It was wonderful this week to wake up to bright blue breezy skies every day with temperatures ranging from high 60’s to low 80’s. Great weather for opening the sunroof and checking out recovery progress.

Island roads and the causeway are getting busier as more snowbirds return and construction continues. Additional repairs along Summerlin Rd coming up to and at the toll booths have added to morning delays for those coming on island. I usually wait until after 10 a.m. if I need to go off island, so I have a short return drive. Dave does the same coming on. A new traffic pattern may be opening soon as yesterday they also paved the new higher roadway on the causeway island closest to Sanibel. (Photos below taken this afternoon as I was driving back on island.)

Just before the toll booth

Coming thru toll booth

From top of bridge looking to lighthouse

Coming down off big bridge

Sanibel & Captiva Islands Association of Realtors®

There was no local Association of Realtors® meeting this week, but the deadline of the “Real Estate Guide” is today, so SanibelSusan has reupped and signed a new annual contract. Our full-page color ad will be in the next issue coming out in early Nov. Available free in many boxes around the island, it also is mailed to every island property owner.

Sanibel Planning Commission Special Meeting

I listened in at the Sanibel Planning Commission meeting held last night at BIG ARTS. On Sept 11, when Sanibel City Council discussed concerns related to current City code requirements that may limit the ability to rebuild/restore homes that were storm damaged, they directed Planning and staff to make this a priority and to schedule a meeting to consider if amendments to Land Development Code are needed.

This was that meeting with the purpose of discussing possible changes to the City Code of Ordinances to adjust maximum building heights and angle of light requirements. Recommendations and input were provided by Planning Director Paula McMichael, City Attorney John Agnew, the Commissioners, and the public.

It was mentioned several times that this is not the same as Captiva issues because Sanibel has both a build-back ordinance and the Sanibel Plan which provide direction and flexibility. Wanting to allow resiliency to prevent property damage in future storms, it was reported that it has been the angle of light requirements that have caused the most objections in the permitting process. No one spoke in favor of increasing building heights to allow more floors or to make buildings larger, but rather to ensure that living levels are safer with less potential for flooding damage.

Audios of the meeting are posted on www.MySanibel.com and the City Facebook page. Recommendations and voting will be during the next Planning Commission Meeting on Oct 24.

Re-openings & Island News

Hirdie Girdie Gallery – at 2490 Library Way (corner of Tarpon Bay Rd & Library Way) has reopened & announced a 3-day fall art sale (paintings, photography, woodburning, ceramics, glass, sculpture, jewelry), Oct 20-22. They are open Mon-Sat from 10 a.m. to 5 p.m. and Sun from 11 a.m. to 4 p.m. www.hirdiegirdiegallery.com.

Taste of the Islands – CROW (The Clinic for the Rehabilitation of Wildlife) will host its 42nd Taste of the Islands on Nov 5-19. As the islands continue to rebuild from the effects of Hurricane Ian, “Taste of the Islands – Rebuilding” aims to aid in the recovery of CROW, Sanibel-Captiva restaurants, and the community. This year, participating off-island restaurants will support CROW for the first week, with the traditional on-island restaurants participating during the second week. On island, the Taste will be Nov 13-19 with the CROW “Crawl” on Nov 18, encouraging patrons to visit the CROW Ambassador Tent and get a “taste” of special dining opportunities on Sanibel and Captiva. CROW will offer physical and digital copies of their “Taste Passport” this year. A passport include lists of participating restaurants, advertising for local businesses, and a QR code linking to the People’s Choice Award voting page. They will be available at CROW Visitor and Education Center, Bank of the Islands on Sanibel, and participating off-island restaurants.

Wines in the Wild – Tickets are now on sale for SCCF’s 14th annual welcome-back fall celebration which will be Fri, Nov 17 from 6:30 to 9 p.m. where a variety of outdoor stations around the grounds of the Bailey Homestead Preserve will feature specially selected wines to complement signature tastings from favorite local chefs. Tickets are available at www.SCCF.org.

Sanibel & Captiva Islands Real Estate

With data from the islands MLS (Multiple Listing Service), below are summary tables of the residential sales statistics, followed by the island MLS action this week.

On the commercial side, the former real estate office building (damaged/ground-level across street from Tahitian Gardens) went under contract this week.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 63 1,076,969 146 80 1,684,161 100 32 1,011,340 157
Under contract 7 1,038,285 93 18 1,391,808 104 2 317,000 5
Sold 2023 to 10/20 82 941,013 61 235 1,253,462 69 23 940,021 78
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 22 1,531,340 98 12 6,825,250 133 2 7,247,500 43
Under contract 4 1,198.750 40 0 N/A N/A 0 N/A N/A
Sold 2023 to 10/20 11 848,363 108 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 Oct 13‑20

 Sanibel

CONDOS

1 new listing: Mariner Pointe #733 2/2 $599K.

No price reductions.

2 new sales: Colonnades #17 1/1 listed at $299K, Mariner Pointe #711 3/2 listed at $895K.

No closed sales.

HOMES

8 new listings: 771 Rabbit Rd 2/2 $679K, 1426 Sand Castle Rd 3/2 $1.2749M, 1241 Junonia St 4/3 $1.545M, 1322 Seaspray Ln 3/2.5 $1.6M, 549 East Rocks Dr 3/3.5 $1.649M, 6003 Clam Bayou Ln 5/3 $1.695M, 417 Bella Vista Way E 4/4 $2.9M, 4577 Waters Edge Ln 4/4 $4.895M.

2 back on market: 1986 Wild Lime Dr 3.2 $859M, 1388 Tahiti Dr 3/2 $1.199M.

5 price changes: 1251 Par View Dr 3/2.5 now $790K, 1586 Century Ct 3/2.5 now $935K, 1731 Serenity Ln 4/3 now $1.195M, 1450 & 1460 Court Pl 5/4.5 now $1.325M, 6129 Starling Way 3/2.5 now $1.748M.

4 new sales: 1754 Windward Way 2/2 listed at $829K, 1684 Bunting Ln 2/2 listed at $829K, 1160 Buttonwood Ln 3/2 listed at $850K, 2564 Wulfert Rd 4/5.5 listed at $3.595M.

4 closed sales: 1932 Roseate Ln 3/2 $375K, 976 Sand Castle Rd 3/3 $859K, 1605 Bunting Ln 3/2 $899K, 1003 Fish Crow Rd 4/4 $975K.

LOTS

3 new listings: 1999 Sanibel Bayous Rd $350K, 6217 Starling Way $1.65M, 4717 Rue Belle Mer $3.395M.

2 price changes: 355 Cowry Ct now $547K, 4501 Waters Edge Ln now $2.895M.

No new or closed sales.

Captiva

CONDOS

3 new listings: Tennis Villas #3134 2/2 $730K, Marina Villas #805 2/2 $995K, Bayside Villas #4302 3/3 $1.78M.

1 price change: Bayside Villas #52261/2 now $689K.

1 new sale: Sunset Captiva #204 2/2 listed at $1.9M.

No closed sales.

HOMES

1 new listing: 11517 Wightman Ln 4/3 $3.275M.

No price changes, new or closed sales.

LOTS

Nothing to report.

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

Enjoy your weekend! Susan Andrews, aka SanibelSusan

Friday the 13th on Not-so-Sunny Sanibel

Here it is Friday the 13th. Hopefully a lucky day for everyone. It seems the days/weeks are flying by. Wasn’t it just a minute ago that it was last Friday? Activities and traffic are picking up on Sanibel and Captiva,
The weather this week has included some overcast days plus a short taste of cooler weather, followed yesterday by the return of humidity, but with a breeze. This morning, the rainy season continued with huge showers until about noon. When the sun finally peeked out for a few minutes, I jumped in my car to check out some neigborhoods. Expecting to see flooding on Bailey Rd, that wasn’t the case. There are big puddles and full swales in some areas, probably enough to keep Lee County Mosquito Control extra busy in the upcoming days.

Noonish 10-13-23, at end of Dixie Beach Blvd, a little bay water sloshing onto the road.

 Here on Anchor Dr, I had expected to see some just-emptied Friday trash cans floating up the street, instead it is probably more accurate to say that they now are just cleaner.

Fingers crossed that there more fall-like weather arrives next week. The islands are getting busier with snowbirds returning and repairs underway at more properties.

Sanibel & Captiva Islands Association of Realtors®

Continuing our local Association of Realtors® tradition, the 26th Annual “End of Season” event with golf tournament, followed by party and auction for RPAC (Realtor Political Action Committee) was held Wed at The Sanctuary. Of course, the end of season usually is in April/May so this was a few months later than usual, but it was well attended, with many colleagues and business affiliates seeing each other in-person for the first time since the storm.

As an event sponsor and auction item donor, SanibelSusan Realty got some good advertising, while as always, The Sanctuary food and service were terrific. At least $13K was raised for RPAC which continually works for the good of real estate and the industry. Through the years, the islands have reaped their benefits.

Yesterday was a morning Caravan Meeting (held at BIG ARTS) with three new home listings open for viewing after the meeting.

Re-openings & Island News

BIG ARTS Community Chorus – The fall session began this week with rehearsals for upcoming events including holiday concerts in the performance hall on Dec 14 and 19 (this one with Sanibel School singers). Between the pandemic and hurricane, it had been years since I had seen some of these singers. It’s great to be back together again. No auditions are required to sing, with a fun repertoire planned. Sign up to join us and get concert tickets at BIG ARTS.

Captiva Cruises – Reported this week that the “Lady Chadwick” made her first trip back to Cabbage Key since the hurricane. See their cruise offerings and scheduling info at www.CaptivaCruises.com.

Community House – All are invited to the ribbon-cutting ceremony celebrating the grand reopening of The Sanibel Community House on Thurs Oct 26 at 11 a.m.

Pointe Santo – Has unit drywall work underway and recently posted on their Facebook page a rendering of their future Pointe Santo clubhouse. The clubhouse and children’s programs have always been a draw to the community. Their architect is a local favorite, Joyce Owens.

Sanibel Arms West – Posted on their website that all 13 of their condo roofs have been restored. Nine of their buildings and those units have rough electrical, plus six condo buildings/units have their rough plumbing in. Every day brings more progress.

Timbers Restaurant & Fish Market – Timbers Restaurant is reopening Thurs Oct 19 and will be open every day beginning at 5 p.m. Their elevator is working and the Fish Market is already open (daily from noon until 8 p.m.).

Sanibel & Captiva Islands Real Estate

With data from the islands MLS (Multiple Listing Service), below are summary tables of the residential sales statistics, followed by the islands MLS action this week.

Just look at how many Sanibel homes have sold/closed year-to-date – 46 more than last year and nearly three times more than the number of condo sales.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

66

1,064,311

139

76

1,586,078

109

30

915,643

160

Under contract

5

1,214,800

108

18

1,282,364

93

2

317,000

5

Sold 2023 to 10/13

82

941,013

61

231

1,261,713

69

23

940,021

78

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

21

1,551,642

104

11

7,148,000

137

2

7,247,500

35

Under contract

3

965,000

53

0

N/A

N/A

0

N/A

N/A

Sold 2023 to 10/13

11

848,363

108

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 Oct 6‑13

Sanibel

CONDOS

2 new listings: Mariner Pointe #951 1/1 $499K, Pointe Santo #E6 2/2 $1.595M.

2 price changes: Spanish Cay #C4 2/2 now $489K, Sundial #A303 1/1 now $699K.

1 back on market: Seashells #26 2/2 $450K.

2 new sale: Seascape #204 3/3.5 listed at $2.9M.

No closed sales.

HOMES

7 new listings: 1535 Wilton Ln 2/2 $599K, 579 Rabbit Rd 4/3.5 $799K, 1684 Bunting Ln 2/2 $829K, 455 Peachtree Rd 2/2 $850K, 1806 Ibis Ln 3/2 $889K, 1319 Par View Dr 3/2.5 $1,349M, 848 Birdie View Pt 4/3.5 $2.595M.

6 price changes: 1835 Ardsley Way 2/2 now $450K, 1258 Sand Castle Rd 3/2 now $799K, 4263 Gulf Pines Dr 3/2 now $850K, 1586 Century Ct 3/2.5 now $965K, 488 Lighthouse Way 4/4 now $4.695M, 4355 West Gulf Dr 4/4.5.5 now $5.25M.

4 new sales: 1653 Sand Castle Rd (1/2 duplex) 3/2.5 listed at $679K, 1683 Atlanta Plaza Dr 3/2 listed at $489K, 1986 Wild Lime Dr 3/2 listed at $859K, 1388 Tahiti Dr 3/2 listed at $1.199M.

3 closed sales: 1667 Sabal Sands Rd 3/3 $950K, 721 Cardium St 3/2.5 $1.3M, 676 Cardium St 4/2 $1.349M.

LOTS

1 new listing: 4580 Bowen Bayou Rd $349.9K.

No price changes.

1 new sale: 1030 White Ibis Dr listed at $489K

No closed sales.

Captiva

CONDOS

2 new listings: Tennis Villas #3126 1/1 $450K, Gulf Beach Villas #2613 1/1 $695K.

No price changes.

2 new sales: Tennis Villas #3210 1/1 listed at $550K, Bayside Villas #5232 1/2 listed at $645K.

No closed sales.

HOMES

1 new listing: 14865 Mango Ct 2/2 $1.75M.

No price changes, new or closed sales.

LOTS

Nothing to report.

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

Enjoy your weekend! & enjoy one more pix! It always makes me smile when I pass this mermaid mailbox.
Susan Andrews, aka SanibelSusan

Another Fabulous Fall Friday on Sunny Sanibel

Yesterday, I noticed a “Let’s Go Sanibel” sign at the entrance to Tahitian Gardens shopping center – a cute pick-me-up to passers-by as restoration work continues there and at many shopping centers.

Also yesterday, as many posted remembrances on social media of Hurricane Ian from a year ago on Sep 28, 2022, I was torn. Last week I almost didn’t post the schedule of anniversary events. Sometimes I don’t want to remember that storm. Then, when contacted by an island pal about attending one of the events, it made me think about all the progress that has been made over the last 12 months. Much was lost… people, places, memories, a lifetime of stuff, but it is important to accentuate the positive and grow from mistakes. It made me think about what I learned. Here are five things:

1.      Life-altering events bring the best out of nice people and the worst out of unhappy ones. Son Dave was my hurricane hero. I also am thankful to his wife Lisa, brother-in-law Brian, and some special neighbors.

2.      The Sanibel leadership team and staff led by Mayor Smith and City Manager Souza performed beyond expectations. We owe them all, big time.

3.      Even if you lose everything, today’s technology can help one survive, recover, and thrive, but you must remember to back up the important stuff.

4.      Mother Nature always wins, so be prepared. Then, don’t be surprised when beach daisies pop up in strange places.

5.      Hurricane muck stinks and is wicked slippery. Old fat gals with bad knees should not fall in it.

$388 Million Awarded to Communities Impacted by Hurricane Ian

Florida Realtors Public Policy Update this afternoon included that Florida Gov Ron DeSantis office “announced yesterday that $388 million in state funding was awarded to communities impacted by Hurricane Ian to support long-term recovery efforts and resiliency. These funds will be used to assist with ongoing hurricane repairs and recovery efforts for schools, sheriff’s offices, fire stations, parks and recreation centers, roads, wastewater treatment plants, beach renourishment, and will assist local governments with loss of revenue since the storm. Funding highlights include:

  • $51M to City of Cape Coral
  • $51M to Lee County School Board
  • $28M to City of Sanibel
  • $14M to Fort Myers Beach Fire Control District
  • $8M to Sanibel Fire & Rescue District
  • $4.3M to Lee Memorial Health Systems
  • $1M to Captiva Erosion Prevention District
  • $600K to City of Fort Myers
  • $350K to Captiva Fire Control District”

Sanibel & Captiva Islands Association of Realtors®

Our local Association of Realtors® didn’t meet this week, but their annual classes began for members looking to earn or recertify their SCIS (Sanibel & Captiva Islands Specialist) designation. The 12-part schedule runs through next Wed which is when I teach the Resort & Second-Home Market module. Meanwhile, I am updating my Power Point and readying for the annual photo of attendees modeling their quiz winnings (aka funny resort/vacation props).

Our next Caravan Meeting is Thurs Oct 12 at BIG ARTS, the morning after our annual golf tournament and RPAC Auction at The Sanctuary.

Island Weather

It may be fall, but this week we received some reminders that the rainy season ain’t over yet. Periodic nighttime showers continued, while Tue and Wed, it also rained nearly all day. We are so accustomed to summertime blue skies and sunshine, that continued overcast days can change the mood – or remind one that hurricane season goes until Nov 30. On the plus side, temperatures got into the mid-70’s and new landscaping at many properties got an extra dose of free water.

Today, it’s back to sunshine. After this weekend, the forecast calls for little rain with daytime temperatures back in the high 80’s. That’s fall, y’all.

Events & Re-Openings

Sanibel Causeway – At a Chamber of Commerce meeting this week, attendees were updated on causeway/bridge progress. This info from their “timeline” slide:

  •             Oct 2023 – Night work with lane adjustments
  •             Dec 2023 – Road surface work estimated to complete
  •             End of 2024 – Punta Rassa boat ramp reopens
  •             Early 2025 – Water work (bridge protection) estimated to complete
  •             Late 2027 – Causeway islands recreation areas restoration estimated to complete.

Sanibel Farmers Market – Reopens for the season on Sun 10/1, back on the grounds of City Hall. The market will be there every Sun through May (including Easter) from 9 a.m. to 1 p.m.

Sanibel Recreation Center – The Sanibel Rec Center is expanding its hours starting Oct 2 to Mondays thru Thursdays 7 a.m. to 7 p.m.; Fridays 7 a.m. to 5 p.m.; Saturdays 8 a.m. to 5 p.m.
The Sanctuary Golf Club – The Sanctuary Golf Club Membership Coordinator Kathryn Riggio advises that they have a limited number of both Equity and Social Memberships available. I am happy to email you their handout with details. For an Equity Membership, the initial fee is $150K, with $16,737 annual dues plus sales tax, and $2,400 annual capital fee. For a Sport/Social Membership, the initial fee is $50K, with $7,331 annual dues plus sales tax, and $1,200 annual capital fee. Usually there are wait lists for both, so a good time to consider joining.

Sanibel Final Budget Hearing

Wed night Sep 27, I listened in during the Sanibel City Council Final Budget Hearing. Before discussing the budget, several consent agenda items were approved:

1.      Resolution 23-061 extending the authorization for placement of temporary signs on commercial properties until Sep 30, 2024.

2.      Resolution 23-062 extending the authorization for the construction or repairing of structures to occur between the hours of 7:00 a.m. to 7:00 p.m. Monday through Saturday, through Sep 30, 2024.

3.      Resolution 23-065 extending the authorization of outdoor display of merchandise under certain conditions provided via Resolution 23-010 through Sep 30, 2024.

4.      Resolution 23-066 waiving the temporary structure development permit fee retroactively from May 8, 2023 through Sep 30, 2024.

Regarding the budget:

1.      Resolution 23-056 adopted the final operating and voted debt service ad valorem millage rates for tax year 2023 (fiscal year 2024). (The approved operating millage rate is 2.500 which is 44.2% higher than the roll-back rate, not the millage rate last year.)

2.      Resolution 23-057 adopted the final budget for fiscal year ending Sep 30, 2024.

3.      Resolution 23-064 established committed fund balances for disaster reserve and environmental initiative reserve.

Florida Tops NY in Home Values

An article by Kerry Smith posted online Wed Sep 27, 2023 on Florida Realtors® says:

“The total value of the U.S. housing market surged more than $2.6 trillion over the past year, according to a Zillow analysis, largely due to rising home prices and the value of new construction.

“Florida has been at the forefront of that value gain, according to the data used in the study. In the latest analysis of total real estate value, the Sunshine State took over the No. 2 spot, bumping New York State down to third place. California retains the top spot with more than $10 trillion of value – nearly 20% of the U.S. total.

“In a list of the top 20 U.S. metros based on the total value of their real estate, two Florida metro areas make the list:

  • 5. Miami-Fort Lauderdale: $1,269.8 billion, up $100.5 billion since June 2022 – 8.6%
  • 18. Tampa: $521.1 billion, up $18.5 billion since June 2022 – 3.7%
“While “total real estate value” is always a squishy concept – the equivalent of an automated appraisal for every piece of property in America – the trending changes don’t surprise many real estate professionals.
“The total value of the U.S. housing market – the sum estimated value for every U.S. home – is now slightly less than $52 trillion, or $1.1 trillion higher than a previous peak reached in June 2022. A small chunk of that growth can be attributed to a 0.7% rise in the average value of a U.S. home during that time, but the main value change comes from new construction.

““A steady flow of new homes hit the market this spring and summer, helping chip away at the deep inventory deficit and boosting the total value of the market,” says Orphe Divounguy, Zillow senior economist. “Enough buyers remained to keep the market moving. … New home sales rose this year while existing home sales fell, and (new homes) should make up a bigger piece of the home sales pie for as long as rates remain elevated.”

“The four most valuable metro areas have remained largely unchanged over the past five years: New York, Los Angeles, San Francisco, and Boston. But a new entrant from Florida, Miami, claimed the fifth spot, jumping all the way from ninth as recently as May 2021. Miami’s value surge pushed Washington, D.C., out of the top five.

Metros gaining the most value – Of the six markets where housing gained the most value since the start of the pandemic, four are in Florida:

  • Tampa: Up 88.9%
  • Miami: Up 86.6%
  • Jacksonville: Up 82.4%
  • Orlando: Up 72.3%

“Zillow attributes large population growth as one reason for Florida’s strong new construction figures, but stronger competition for existing homes also played a role.

“California remains a behemoth with more than $10 trillion of value in its housing market; nearly 20% of the national total. Florida, New York, Texas, and New Jersey round out the top five.

“20 ‘most valuable’ metros and percentage changes since June 2022
New York: Up 4.2 %

Los Angeles: Up 0.1 %
San Francisco: Down 8.8%
Boston: Up 3.4 %

Miami-Fort Lauderdale: Up 8.6 %
Washington: Up 3.2 %
Chicago: Up 6.9 %
Seattle: Down 5.1 %
San Diego: Up 1.0 %
Dallas-Fort Worth: Down 0.3 %
San Jose, Calif.: Down 5.2 %
Phoenix: Down 2.1 %
Philadelphia: Up 6.8 %
Riverside, Calif.: Down 3.1 %
Houston: Up 3.5 %
Atlanta: Up 3.7 %
Denver: Down 6.0 %
Tampa: Up 3.7 %
Sacramento, Calif: Down 5.4%
Portland, Ore.: Down 4.0%.”

Attorney Files Comments with State Agencies

Posted Wed by SCCF (Sanibel-Captiva Conservation Foundation):
“After the disappointing decisions by the Lee County Commissioners in early September, the proposed amendments to the Land Development Code and the Lee Plan were passed. As required, the amendments were then transmitted to the state for comments by concerned agencies. The “Protect Captiva” coalition has retained legal counsel that has submitted comments to the state agencies and is evaluating next steps.

“Legal Update from the Land Use Committee of the Captiva Civic Association

“On Sept. 7, Lee County transmitted its proposed amendments to the Captiva chapter of the Lee Plan to various state agencies for their comments as required by state statute. The state agencies have until Oct. 6 to send their comments back to the county.

“While the state agencies cannot reject outright the county’s amendments, their comments can induce the county to remove or modify the amendments, and they could affect the results of future litigation.

“Our Attorney, representing the unified position of the “Protect Captiva” coalition, submitted the community’s “significant concerns” to the state agencies reviewing the county’s amendments which “would perversely allow an increase in hotel rooms and additional floors of buildable living space on a barrier island within the Coastal High Hazard Area just one year after that island was devastated by Hurricane Ian.”

“The Attorney’s memo advises the state agencies that the county failed to accurately describe the proposed amendments in its report to the state – failing to mention that the Lee Plan amendments were made to facilitate changes in the Land Development Code which would permit higher buildings and more hotel rooms than currently allowed on Captiva.

“The memo also advises state agencies that the amendments constitute an “up-planning” of development on Captiva which is not supported by the data and analysis required by the Community Planning Act. The county failed to analyze the amendments’ effects on the island’s infrastructure, its roads, its hurricane evacuation routes, its water resources, its septic systems, its sewer project or its environmental resources.

“The county also failed to recognize that granting special benefits to a single property owner on South Seas constitutes inappropriate spot-planning and raises serious constitutional issues of equal protection.

“Finally, the memo makes clear that the amendments have little to do with resiliency and will only make Captiva less resilient and less safe when facing future hurricanes. The memo concludes by asking the state agencies to agree that these amendments are a completely unacceptable response to the devastation wrought last year by Hurricane Ian – and to so advise the county.

“As indicated above, once the county gets feedback from the state agencies, it will have to decide how to proceed. If the county chooses to adopt the amendments without change and implement the Land Development Code with greater heights and density for Captiva, the community coalition will evaluate and continue to pursue the best legal options available to “Protect Captiva.”

Sanibel & Captiva Islands Real Estate

With data from the islands MLS (Multiple Listing Service), below are updated summary tables of the residential sales statistics, followed by the island MLS action this week. Sanibel home sales continue to be the HOT market.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale

57

1,096,697

145

73

1,600,753

116

29

948,944

159

Under contract

5

725,600

100

18

1,065,808

82

2

345,000

148

Sold 2023 to 9/29

79

928,545

62

225

1,261,518

69

22

958,431

68

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

23

1,543,413

102

10

7,687,800

138

2

7,247,500

22

Under contract

1

1,700,000

4

0

N/A

N/A

0

N/A

N/A

Sold 2023 to 9/29

11

848,363

108

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 September 22‑29 

Sanibel

CONDOS

3 new listings: Sundial #H108 1/1 $495K, Spanish Cay #A8 2/2 $515K, Tantara #202 3/3 $2.1M.

1 price change: Gulfside Place #208 2/2 now $1,365,555.

No new sales.

2 closed sales: Sanibel Arms #H7 1/1 $355K, Wedgewood #204 3/3.5 $2.9M.

HOMES

3 new listings: 1813 Long Point Ln 4/2.5 $1.10M, 1731 Serenity Ln 4/3 $1.2M, 3990 Coquina Dr 3/2 $1.2M.

3 price changes: 1160 Buttonwood Ln 3/2 now $850K, 9126 Mockingbird Dr 3/2 now $989K, 220 Palm Lake Dr 3/3 now $1.225.

2 new sales: 1535 Centre St 2/2 listed at $649,555; 1990 My Tern Ct 3/2 listed at $925K.

3 closed sales: 803 Lindgren Blvd 4/3 $950K, 242 Christofer Ct 3/2 $1.025M, 774 Sand Dollar Dr 3/3.5 $1.999M.

LOTS

Nothing to report.

Captiva

CONDOS

Nothing to report.

HOMES

1 new listing: 14971 Binder Ln 4/3 $8.5M.

No price changes, new or closed sales.

LOTS

Nothing to report.

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

Enjoy your weekend! Til next Friday, Susan Andrews, aka SanibelSusan