Sanibel Scoop & Captiva Chatter

SanibelSusan's Blog About What's Happening on the Islands

Sanibel Scoop & Captiva Chatter

Sanibel & Captiva Friday Real Estate Scoop 08-08-2025

Another Friday is here with more Sanibel blue skies and sunshine. After a much-needed brief shower mid-week, it was a surprise to hear about how much more rain was received that day just off-island. Our rainy season forecast calls for 50% chance of rain most days and a few more short showers sprinkled the island again yesterday, but none yet today.

With Florida’s hurricane season a long six months, now that the two easy months are behind, we watch weather projections carefully and plan for what we hope never arrives.

Sanibel-Captiva Real Estate Guide

The August/September of the Guide was out today. Our ad from Pg 5 is below.

Read the full guide at www.SanibelRealtors.com

More Restoration, Rebuilding, Opening News

Roadways and bike paths had little traffic this week, as recovery continues albeit slowly. As Realtors, we often are asked what is happening with repairs or reconstruction at a specific property. Though the island grape vine can be good, it is not always accurate. When I get that question – or a call from a property owner, I look the property up on the City website, www.mySanibel.com. There is a tab at the bottom left on the homepage called “Permits & Licenses”. Clicking that tab brings up Sanibel’s Self Service Page. There on the left is a tab to “Search Public Records”. There where records may be searched by address, including permits. projects, plans, inspections, etc. Those thinking of buying a property also should look here for a history of what work has been done at the property, when, and by whom.

The County Tax Appraiser website, www.LeePA.org also allows searching by property address and then seeing the details about the property, including Building/Construction Permit Details. These include permits through the county, not Sanibel, so though this site also has info, it is not as detailed as what the Sanibel site offers. It is more helpful for Captiva properties.

A Bit of Bailey’s – When Week #12 2025 special events as part of “Love Sanibel Back” were posted, it was great to see that A Bit of Bailey’s in the Rabbit Rd commercial center will be open Saturday August 16 at 9 a.m. The new construction of the big store at the corner of Periwinkle Way and Tarpon Bay Rd still is expected to begin this fall. In the meantime, A Bit of Bailey’s and their Island Store on Captiva will offer many of the same goodies enjoyed at the former big grocery.

Kona Kai of Sanibel – This charming motel at 1539 Periwinkle Way reopened this week. Offering special rooms rates until the end of September, their business hours are 9;30 a.m. to 5 p.m. or call 239-472-1001. Having sold this property to the Rodenburg Family in 2010, there was never a doubt in my mind that they would restore and reopen. Nestled in a tropical Hawaiian-style setting with pool, it also borders the Sanibel River. www.KonaKaiMotel.com.

Michael Saunders & Company on Sanibel – This has been in the works for weeks but finally official with new real estate signs popping up all over the islands. Michael Saunders & Company, out of Sarasota, and with branch offices throughout the Florida Gulf Coast, purchased the former VIP building and business at 1560 Periwinkle Way. Many VIP friends have transitioned to Michael Sanders and we look forward to doing more sales with them soon. (By the way, Michael Sanders is female with a decades-long great reputation.) Welcome to the islands!

Sanibel & Captiva Islands Association of Realtors

The island Association of Realtors had a short caravan meeting yesterday, followed by an open house at a single home in The Dunes.

Six new sales were posted in the SanCap MLS since last Friday, all on Sanibel – two condos, two homes, and two lots. Below, with data from the island MLS are summary tables of the residential sales statistics, followed by an update about our listings, plus the details of the MLS action reported this week.

Though many listings expired at the end of July, most are expected to return to the market over the next few months when Sanibel inventory is again likely to have over 200 condos and 300 homes available.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 145 945,621 185 169 1,514,515 156 42 1,252,250 276
Under contract 9 772,711 169 15 1,224,060 134 2 589,450 429
Sold to 8/8/25 63 781,475 123 109 1,410,129 130 4 1,095,000 79
Sold 2024 75 818,493 117 165 1,472,757 114 15 1,403,533 192
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 45 1,292,855 220 27 5,979,037 232 2 12,000,000 446
Under contract 1 325,000 460 3 1,359,666 138 0 N/A N/A
Sold to 8/8/25 10 993,500 249 5 1,835,400 115 0 N/A N/A
Sold 2024 13 1,728,846 185     8 4,887,187 182 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity Aug 1-8

Sanibel

CONDOS

1 new listing: Tennisplace #D33 1/1 $400K.

1 price change: Kinzie Island #A 4/4.5 now $3.895M.

2 new sales: Sandy Bend #5 2/2 listed at $699K, Sanibel Moorings #1541 3/2 listed at $849K.

No closed sales.

HOMES

2 new listings: 640 Oliva St 3/2 $999K, 720 Durion Ct 4/3 $1.19M.

5 price changes: 4052 Coquina Dr 3/2 now $699,999; 852 Rabbit Rd 3/3 now $765K, 5300 Umbrella Pool Rd 3/3 now $997,555; 734 Anchor Dr 3/2 now $995K, 458 Lake Murex Cir 3/2 now $1.03M.

2 new sales: 220 Hurricane Ln 2/2 listed at $489K, 3008 Turtle Gait Ln 3/2 listed at $1.32M.

2 closed sales: 1851 Angel Wing Dr 5/4 $1.75M, 1004 Bayview Dr 5/4 $3.5M.

LOTS

2 new listings: 714 Durion Ct $475K, 2563 Coconut Dr $1.349M.

2 price changes: 231 Palm Lake Dr now $595K, 1755 Jewel Box Dr now $999K.

2 new sales: 711-713 Cardium St (duplex or single-family lot) listed at $549K, 1030 White Ibis Dr listed at $629K.

No closed sales.

CAPTIVA

CONDOS

No new listings.

1 back-on-market: Bayside Villas #5340 3/3 now $969K.

2 price changes: Tennis Villas #3135 1/1 now $339K, Bayside Villas #4118 1/2 now $500K.

No new or closed sales.

HOMES

No new listings.

1 price change: 11523 Andy Rosse Ln 5/5.5 now $3.75M.

No new sales.

2 closed sales: 54 Sandpiper Ct 2/2 $1.255M. 11533 Andy Rosse Ln 4/4 $2.9M.

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 in or participated in these transactions.

Enjoy your weekend,

Susan Andrews, aka SanibelSusan

Just Another Gorgeous Beach Day on Sunny Sanibel

It is another sunshiny Friday on Sanibel. There was a quick shower this morning, but with little rain this week and temperatures cooler than much of the nation, it was interesting to see a post yesterday by Matt DeVitt of Wink Weather that said:

“NUMBER OF DAYS AT 100 degrees F – Despite Florida’s hot reputation, you may be surprised to find out it rarely hits air temps of 100 degrees for most of the state. The reason? Water surrounding the peninsula and high humidity, which on the flip side increases how it feels! Humid air takes a lot more energy to heat up than dry air. Below features the number of days each location has reached 100 degrees since 1895.”

Demolition, Restoration, & Rebuilding Continue

Progress continues throughout the islands with more ribbon cuttings as businesses reopen, plus more new landscaping, building, rebuilding, elevating, and demolition. Below are some noticed in my drive-arounds.

Donax Village – Davie Shoring posted that on Monday, August 4 at 11 a.m., they will be elevating the 11 homes at Donax Village, including duplexes and cottages, up 11 feet. The public is invited to attend with Sanibel Mayor Mike Miller flipping the first switch to elevate.

Sunset Beach Resort – was demolished this week. At 3287 West Gulf Dr just before Lantana condominiums, some may remember Sunset Beach Resort previously was a Best Western, and before that, the Jolly Roger hotel.

Beachview Resort – on the other side of Lantana, at the former site of Beachview Cottages, 3325 West Gulf Dr, new construction continues. It is high and big.

Sanibel & Captiva Islands Association of Realtors

The island Association of Realtors did not meet this week, but there were nine new sales posted in the SanCap MLS: three homes on Captiva, three Sanibel condos, two Sanibel homes, and a Captiva condo. Below, with data from the island MLS are summary tables of the residential sales statistics, followed by the details of the MLS action reported this week.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 146 947,692 180 175 1,542,311 154 41 1,258,668 297
Under contract 7 772,342 146 15 1,509,168 142 0 N/A N/A
Sold to 8/1/25 63 781,475 123 107 1,387,521 129 4 1,095,000 79
Sold 2024 75 818,493 117 165 1,472,757 114 15 1,403,533 192
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442
CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 45 1,282,544 216 28 6,038,678 220 2 12,000,000 439
Under contract 2 660,000 305 5 1,765,800 101 0 N/A N/A
Sold to 8/1/25 10 993,500 249 3 1,674,000 151 0 N/A N/A
Sold 2024 13 1,728,846 185     8 4,887,187 182 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity Jul 25-Aug 1

Sanibel

CONDOS

1 new listing: Pointe Santo #D41 2/2 $1.1M.

3 price changes: Ibis at The Sanctuary #B302 2/2 now $729K, Loggerhead Cay #303 2/2 now $849K, Sedgemoor #102 3/3.5 now $4.25M.

3 new sales: Sundial #H402 2/2 listed at $719.9K, Sundial #A308 2/2 listed at $799K, Shell Island Beach Club #5D 2/2 listed at $899K.

1 closed sale: Captains Walk #F7 2/1.5 $310K.

HOMES

2 new listings: 1637 Sabal Sands Rd 3/2 $949K, 918 Kings Crown Dr 3/2.5 $1.625M.

3 price changes: 1550 Centre St 3/2 now $890K, 2755 Wulfert Rd 3/3.5 now $1.328M, 941 Pecten Ct 3/2 now $1.495M.

2 new sales: 595 Sea Oats Dr 3/2 listed at $789.9K, 218 Daniel Dr 3/2.5 listed at $1.245M.

5 closed sales: 662 East Rocks Dr 3/2 $600K, 9436 Kava Ct 2/2 $670K, 1111 Schooner Pl 3/3 $1.15M, 2364 Wulfert Rd 4/4 $1.548M, 1158 Golden Olive Ct 5/5.5 $2.2M.

LOTS

Nothing to report.

CAPTIVA

CONDOS

No new listings.

2 price changes: Bayside Villas #4116 1/2 now $490K, Tennis Villas #3233 2/2 now $625K.

1 new sale: Bayside Villas #4110 1/2 listed at $325K.

No closed sales.

HOMES

No new listings.

1 price change: 1 Sunset Captiva Ln 2/2.5 now $4.295M.

3 new sales: 27 Urchin Ct 2/2.5 listed at $1.175M, 33 Urchin Ct 2/2 listed at $1.495M, 11525 Laika Ln 4/2.5.5 listed at $1.599M.

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 in or participated in these transactions.

Enjoy your weekend,

Susan Andrews, aka SanibelSusan

More Friday Sanibel Scoop & Captiva Chatter

Another Friday has arrived. With the first of the week mostly overcast, islanders since yesterday have enjoyed more blue sky and sunshine. Again seeing record high hazardous temperatures in many northern states, it has been nice to have highs here just occasionally hit 90, but mostly high-80’s (degrees F).

The bright clear teal water surrounding the islands continues beachgoers and boaters enjoying their sports.

Overlooking Blind Pass just before the bridge from the Captiva side toward Sanibel. 07-25-2025

The bird and butterfly activity at my home continues to pick up while son Dave and Lisa who are just off-island too are enjoying lots of bird action, plus many baby bunnies.

With island sea turtle nesting season well underway, SCCF staff and volunteers who survey 18 miles of island beaches from April through October are already reporting more nests and hatchlings. Last year 843 sea turtle nests were laid on the islands and 16,722 hatchlings successfully emerged. This week SCCF posted that so far 2025 recordings include 836 nests (820 loggerhead and 16 green turtles) and 4,880 loggerhead hatchlings.

Sanibel City Council Caps Tax Rate

On July 15, City Council voted unanimously on a resolution to advise the Lee County Tax Appraiser of a proposed operating millage rate of 2.5 mills for fiscal year 2025/2026– the same as the current fiscal year. This millage rate can be lowered during the upcoming budget process but cannot be raised. A budget workshop is scheduled for August 12 and budget hearings for September 8 and 25.

Sanibel Finance Director Steve Chaipel who presented the draft budget to Council also reported that the property appraiser’s preliminary valuation for Sanibel is a decrease of 11.4% from its pre-Hurricane Ian value and an increase of 20.2% from the current year.

Are Ground-Level Properties Selling?

One of the most asked real estate questions since the recent storms is if ground-level properties are selling – or those with ground-level living space. As an owner recognizing the convenience of easy-access 1-level living, below is the scoop on the 2025 Sanibel sales to-date.

62 condos have sold/closed. Of those, ten are ground-level (four at Captains Walk, three at Blind Pass, and one each at Sundial West, Oceans Reach, and Heron at The Sanctuary).

102 homes have sold/closed. Of those, 17 are ground-level (one each in Castaway Estates, Gulf Shores, Lagoon Estates, Shell Harbor, The Sanctuary, and Water Shadows; two each in Gumbo Limbo, Rocks East, Rocks West, and Sanibel Lake Estates; three in Sanibel Estates).

Sanibel & Captiva Islands Association of Realtors

The island Association of Realtors had their July Membership meeting yesterday, followed by Caravan of four Sanibel properties open for easy viewing – a condo and three homes.

As summer season continues, there were six new sales posted this week in the SanCap MLS, four Sanibel homes, plus a Sanibel condo and a Captiva condo. Below, with data from the island MLS are summary tables of the residential sales statistics, followed by the details of the MLS action reported this week.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

160

928,325

174

198

1,606,310

154

42

1,271,438

304

Under contract

5

663,449

109

18

1,555,911

155

0

N/A

N/A

Sold to 7/25/25

62

789,080

123

102

1,394,961

125

4

1,095,000

79

Sold 2024

75

818,493

117

165

1,472,757

114

15

1,403,533

192

Sold 2023

98

955,261

65

263

1,267,390

73

24

920,645

76

Sold 2022

123

1,136,199

44

185

1,602,745

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

CAPTIVA

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

46

1,262.923

214

33

5,804,303

205

2

12,000,000

432

Under contract

1

995,000

150

2

2,280,000

53

0

N/A

N/A

Sold to 7/25/25

10

993,500

249

3

1,674,000

151

0

N/A

N/A

Sold 2024

13

1,728,846

185

    8

4,887,187

182

0

N/A

N/A

Sold 2023

17

834,176

98

17

2,716,647

70

0

N/A

N/A

Sold 2022

28

1,458,983

52

22

5,636,386

133

0

N/A

N/A

Sold 2021

64

1,150,373

145

44

2,988,520

261

2

2,950,000

731

Sanibel & Captiva Islands Multiple Listing Service Activity July 18-25

Sanibel

CONDOS

3 new listings: Captains Walk #A3 1/1 $275K, Villa Sanibel #1B 2/2 $699K, Atrium #207 2/2 $1.75M.

1 back-on-market: Oceans Reach #3B2 1/1 $575K.

7 price changes: Captains Walk #D5 2/1 now $425K, Sandpebble #4A 2/2 now $495K, Cottage Colony West #132 1/1 now $499K, Sandalfoot #4D1 2/2 now $595K, Coquina Beach #4A 2/2 now $695K, Sundial #A308 2/2 now $799K, Sundial #O303 2/2 now $1.025M.

1 new sale: Sundial #I202 1/1 listed at $568.5K.

2 closed sales: Captains Walk #F1 2/1.5 $315K, Sundial #L404 2/2 $1.375M.

HOMES

2 new listings: 1377 Sand Castle Rd 4/3 $989K, 3191 Twin Lakes Ln 4/2.5 $1.899M.

1 back-on-market: 1846 Farm Tr 3/2 $699K.

8 price changes: 5115 San-Cap Rd 3/2 now $729K, 1421 Sand Castle Rd 3/2 now $890K, 1169 Sand Castle Rd 3/2 now $950K, 686 Spartina Ct 3/2 now $1.099M, 1825 Middle Gulf Dr 3/2 now $1.1M, 3008 Turtle Gait Ln 3/2 now $1.320M, 1286 Par View Dr 3/3 now $1.325M, 706 Gopher Walk Way 3/4 now $1,855,706.

4 new sales: 1043 Sand Castle Rd 3/2 listed at $899K, 3314 Saint Kilda Rd 3/2 listed at $899K, 5770 Pine Tree Dr 3/2.5 listed at $1.2M, 1002 Kings Crown Dr 3/2 listed at $1.295M.

No closed sales.

LOTS

No new listings.

1 price change: 355 Cowry Ct now $475K.

No new or closed sales.

CAPTIVA

CONDOS

No new listings.

2 price changes: Sunset Beach Villas #2323 1/1 now $625K, Lands End #1606 3/3 now $2.7M.

1 new sale: Bayside Villas #5340 3/3 listed at $995K.

1 closed sale: Bayside Villas #5112 1/2 $255K.

HOMES

No new listings.

1 price change: 15009 Binder Dr 5/6.5 now $7.999M.

No new sales.

1 closed sale: 11547 Laika Ln 4/4 $2.512M.

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 in or participated in these transactions.

Enjoy your weekend, Susan Andrews aka SanibelSusan

Summering Along on Sunny Sanibel & Captiva

It was another week of mostly blue skies on Sanibel and Captiva, while hearing about high temperatures in other areas way further north. Even had a pal that summers on Prince Edward Island post a picture of their thermometer reading at 6 p.m. midweek at 102 degrees F. Wow! They sure are happy to have air conditioning.

Highs at my home this week, occasionally hit 90 degrees. There have been a few sporadic showers too, but nothing like the thunder buster I got caught in midweek when coming out of an appointment in Fort Myers where the parking lot was ankle-deep in seconds.  Sunshine welcomed me back on the islands.

In reading the Sanibel Recreation Center newsletter, I noticed that the 2026 beach parking stickers will be available in October. Whenever thinking about parking, it reminds me of the cute little access in Sanibel Harbours. I took a drive there this afternoon (pix below). It is still a wee favorite!

Florida’s Islands Are Among Nation’s Best

Posted this week on Florida Realtors, credited to Vinod Sreeharsha. 2025 Miami Herald: “Five Florida islands made Travel + Leisure’s 2025 top 15 U.S. islands list, highlighting their charm and resilience after multiple hurricanes.

“MIAMI — The Sunshine State is home to several of the best islands to visit in the entire continental United States, according to a newly published survey that includes two locales hit hard by three hurricanes in four years – a tribute to Floridians’ resilience.

“The bragging rights stem from the results of the publication Travel + Leisure’s 2025 World’s Best Awards, out in July. The annual issue, in its 30th year, asked readers all over the globe to vote on their favorite top destinations, hotels, and a host of other categories. While several of Florida’s islands dominated in that category, cities and hotels across the state didn’t perform quite as competitively. The winning islands were:

  • Amelia Island in second
  • Marco Island in sixth
  • Florida Keys in eighth
  • Sanibel Island in 11th
  • Captiva Island in 15th.

“Florida dominated that category, providing five of the top 15. That was more than any other state in the continental U.S. It was also one more than it had in the 2024 World’s Best Awards – Marco Island joined the other four for the first time this year…

“Even as the island category was where Florida shined, the results also reflected the increasing pull of the world…. The big winner was Paros in Greece, chosen as the top island in the world. Mount Desert Island in Maine was the best in the U.S….”

The Sanibel School 2025 Rankings

The results are in. The Sanibel School which serves grades PK-8 continues to be the #1 school in the Lee County District for both Elementary and Middle Schools. Schools are ranked on their performance on state-required tests, graduation, and how well they prepare their students for high school.

Out of a total of 2,193 Elementary and 1,057 Middle Schools in Florida, The Sanibel School ranked #4 in Elementary Schools and #28 in Middle Schools.

Sanibel & Captiva Islands Association of Realtors

The islands Association of Realtors did not meet this week, but a Lunch & Learn, hosted by Affiliates with Noack & Company, provided their insight into the new “one big, beautiful bill”, foreign clients, and Hurricane Ian tax update. Their Senior Accountant Carol McCarley, through the years, has helped many foreign clients. She is a FIRPTA (Foreign Investment in Real Property Tax Act) expert. More details about that presentation next week.

Also next week is the July Membership Meeting with insurance updates from Affiliates Dave Arter with Private Client Insurance Services and Chris Heidrick with Heidrick & Company.

The slow summer season continues with just three new sales posted this week in the island MLS, all Sanibel homes. Below, with data from the island MLS are summary tables of the residential sales statistics, followed by the details of the MLS action reported this week.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 160 928,890 168 201 1,607,121 149 42 1,272,009 297
Under contract 7 762,714 183 15 1,627,493 175 0 N/A N/A
Sold to 7/18/25 60 787,216 117 102 1,394,961 125 4 1,095,000 79
Sold 2024 75 818,493 117 165 1,472,757 114 15 1,403,533 192
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 47 1,276,882 211 33 5,819,333 198 3 9,916,666 343
Under contract 1 295,000 154 3 2,518,333 74 0 N/A N/A
Sold to 7/18/25 9 1,075,555 256 2 1,255,000 138 0 N/A N/A
Sold 2024 13 1,728,846 185     8 4,887,187 182 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity July 11-18

Sanibel

CONDOS

1 new listing: Pointe Santo #C41 2/2 $925K.

5 price changes: Cottage Colony West #102 1/1 now $469.5K, Blind Pass #G206 2/2 now $625K, Sanibel Moorings #331 2/2 now $739K, Kings Crown #212 2/2 now $895K, Sanibel Sunset #102 3/2 now $949K.

No new sales.

1 closed sale: By-the-Sea #B101 3/2 $600K.

HOMES

3 new listings: 6447 Pine Ave 3/2.5 $799K, 3366 Barra Cir 3/2.5 $1.195M, 9056 Mockingbird Dr 3/2 $1.679M.

6 price changes: 1657 Atlanta Plaza Dr 3/2 now $674K, 4052 Coquina Dr 3/2 now $749,999; 69298 Kincaid Ct 3/2 now $750K, 771 Rabbit Rd (1/2 duplex) 2/2 now $799K, 1105 Skiff Pl 4/3 now $899K, 213 Daniel Dr 4/3 now $1.399M.

3 new sales: 1846 Farm Tr 3/2 listed at $699K, 654 Sea Oats Dr 4/2 listed at $985K, 2402 Wulfert Rd 4/3.5 listed at $1.595M.

1 closed sale: 461 Lake Murex Cir 4/3.5 $2.15M.

LOTS

No new listings.

1 price change: 2090 Wild Lime Dr now $330K.

No new or closed sales.

CAPTIVA

CONDOS

No new listings.

1 price change: Lands End Village #1666 3/3 now $1.55M.

No new sales.

1 closed sale: Gulf Beach Villas #2011 1/1 $590K.

HOMES

1 new listing: 1124 Longifolia Ct 5/5 $3.995M.

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 in or participated in these transactions.

Enjoy your weekend,

Susan Andrews, aka SanibelSusan

It’s Another Fri-Yay! Happy Weekend!

Hooray, the more traditional summer weather continues – mostly blue sky and sunshine with occasional quick showers to keep the growing green and critters hydrated.

On my Sanibel travels this afternoon, it was a surprise to see no vehicles at several East-End beach accesses.

Donax St beach access 07-11-2025

Nerita St beach access 07-11-2025

Sanibel Susan’s Real Estate Scoop

Teammate Dave and I continue to communicate with folks about selling, There are always owners just thinking about a change, others that want to sell but don’t have to, and some that really need a sale – and fast, All considered, here is my advice and a bit of general info about the island summer real estate market.

For decades, before the last three storms, the most Sanibel/Captiva sales have been during last quarter and first quarter. Last quarter buyers often are retirees, investors, or prospective 2nd home owners looking to benefit from winter personal use or ownership, including rental income. The high number of 1st quarter sales are because there usually are more people here then that can afford the islands.

So what about summer? Of course, there may be sales at any time of the year. There are families that want to move before schools restart. There are buyers that want to personalize property. We have learned to never be surprised when a buyer might surface, but there just usually are not as many in the summer.

Unfortunately, three hurricanes in three years has made the buyer pool today more hesitant, resistant, scared, and for some products, almost non-existent. Is it a great time to be a buyer? You, bet, inventory is up, there are many choices. Many say, it may take a summer without a hurricane for the market to transition to more stability or correct to a balance.

Some less-recognized summer trends are that this is when some sellers take their property off the market. It could be for a day, a week, or a few months. It could be for physical improvements or it could be that they think “giving the listing a rest” will make it look like a new listing when it comes back on the market.

Then there are a few sellers that drop their price every week or month. Today’s technology allows prospective purchasers to do more homework, so these tactics are not often successful. The SanibelSusan Team believes that if you want to sell, list your property and keep it on the market.

This summer, the other behind-the-scenes trend is for agents to move brokerages. We understand that the market over the last three years has not been kind to everyone and that companies change. You may have already seen ads about Realtors moving. We hope they all succeed.

The SanibelSusan Team looks forward to a successful market correction. It is taking longer than expected for the island to bounce back from Ian, Helene, and Milton, with the Sanibel and Captiva real estate market also still feeling those effects. Moving forward in a positive direction, we are always exploring ways to keep our listings in the forefront.

Sanibel & Captiva Association of Realtors

The island Association of Realtors had their biweekly Caravan yesterday with three homes and a condo, all on Sanibel, open for easy viewing after the meeting.

Six new sales were posted this week in the island MLS, a Sanibel condo and five homes: three on Sanibel and two on Captiva.

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

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

160

931,624

162

211

1,598,802

148

43

1,249,404

295

Under contract

8

754,749

167

13

1,796,800

152

0

N/A

N/A

Sold to 7/11/25

59

790,389

117

101

1,387,486

125

4

1,095,000

79

Sold 2024

75

818,493

117

165

1,472,757

114

15

1,403,533

192

Sold 2023

98

955,261

65

263

1,267,390

73

24

920,645

76

Sold 2022

123

1,136,199

44

185

1,602,745

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

CAPTIVA

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

47

1,290,670

204

33

5,760,363

196

3

9,916,666

336

Under contract

2

487,500

229

3

2,518,333

74

0

N/A

N/A

Sold to 7/11/25

8

1,136,250

244

2

1,255,000

138

0

N/A

N/A

Sold 2024

13

1,728,846

185

    8

4,887,187

182

0

N/A

N/A

Sold 2023

17

834,176

98

17

2,716,647

70

0

N/A

N/A

Sold 2022

28

1,458,983

52

22

5,636,386

133

0

N/A

N/A

Sold 2021

64

1,150,373

145

44

2,988,520

261

2

2,950,000

731

Sanibel & Captiva Islands Multiple Listing Service Activity July 4-11

Sanibel

CONDOS

1 new listing: Pointe Santo #E32 2/2 $998.9K.

2 price changes: Sanibel Moorings #212 1/1 now $450K, Sanibel Moorings #232 2/2 now $550K.

1 new sale: Sundial #I102 1/1 listed at $525K.

No closed sales.

HOMES

2 new listings: 837 Casa Ybel Rd (duplex) 2/2 $550K, 651 N Yachtsman Dr 3/2 $1.845M.

1 back-on-market: 720 Elinor Way 3/2 $1.149M.

5 price changes: 3009 Singing Wind Dr 3/2 now $742K, 5115 San-Cap Rd 2/2 now $799K, 566 Boulder Dr 3/2 now $849K, 1825 Middle Gulf Dr 3/2 now $999,999; 3711 Agate Ct 3/2.5 now $1.249M.

3 new sales: 1684 Bunting Ln 2/2 listed at $775K, 1589 Sand Castle Rd 3/2 listed at $1.33M, 2364 Wulfert Rd 4/4 listed at $1,694,500.

5 closed sales: 1839 Farm Tr 3/2 $708K, 5089 San-Cap Rd 3/2 $750K, 252 Daniel Dr 3/2 $1,062,599; 3744 West Gulf Dr 4/4 $1.525M, 4318 West Gulf Dr 3/4.5 $2.6M.

LOTS

1 new listing: 6068 Dinkins Lake Rd $450K.

1 price change: 5398 Osprey Ct now $329K.

No new or closed sales.

CAPTIVA

CONDOS

No new listings.

1 price change: Tennis Villas #3213 1/1 now $410K.

No new sales.

2 closed sales: Bayside Villas #5208 1/2 $325K, Bayside Villas #32 3/3 $885K.

HOMES

No new listings.

2 price changes: 14865 Mango Ct 2/2 now $1.295M, 16632 Captiva Dr 5/4 now $5.95M.

2 new sales; 54 Sandpiper Ct 2/2 listed at $1.36M, 11533 Andy Rosse Ln 4/4 listed at $3.2M.

1 closed sale: 15155 Wiles Dr 3/2 $1.6M.

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 in or participated in these transactions.

Enjoy your weekend,
Susan Andrews, aka SanibelSusan

Looking Forward to 2025 Red, White, & Blue

The islands are settling into their more typical summer weather routine, with usually short afternoon or evening showers. Today there also was morning rain, sometimes overcast, and another thunderstorm expected later.

Lee County Mosquito Control has been flying at night when it is storm-free and doing a good job in keeping the skeeters under control. They are scheduled to be out again tonight.

Watching the national news reporting incredibly hot weather north and up the coast, it was no surprise when Dave called yesterday. He was on his way to a weekend reunion in Virginia and reported that his truck only reported temperatures over 100-degrees F when he got out of Florida. At my home, daytime temperatures consistently have been low- to mid-80’s, though occasionally my car registers 90+ when off-island.

For those looking to enjoy a Florida visit, I hear that there are plenty of vacancies for the holiday weekend. Even with recent rains, bright clear teal waters still surround the islands with good feedback from beachgoers, shellers, and fishermen, particularly when it is breezy.

SCCF photo

Looking Forward to July 4th 2025

The islands continue to post announcements about upcoming holiday festivities. Sanibel July 4th events are expanded to also celebrate the City’s 50th anniversary and run the gamut from the morning parade to noon road rally/scavenger hunt, then evening fireworks.

There are plenty of celebrations in-between too, from the pancake breakfast at The Community Church, to post-parade fun at Jerry Shopping Center and the Rec Center.

 

South Seas Resort on Captiva usually has their own private holiday events, but the next day, on July 5th, they with have a celebration at their new/renovated retail shops with an open-to-the-public “Sip & Shop” from 1 to 3 p.m. These shops at 14830 Captiva Drive include J. McLaughlin (men’s & women’s clothing), Outfitters (sporting gear & island apparel), Provisions (gourmet market & deli), South Seas Spirits, plus Starbucks. In addition to goodies, treats, food and drink samples, there will be live music, and face painting.

Re-openings/Restoration

The Bubble Room – announced yesterday that after nearly three years of restoration, they will be reopening on Monday July 14. Lunch will be served there from 11 a.m. to 3 p.m. and dinner from 4:30 to 9 p.m. No reservations initially, just walk-ins.

SanCap Chamber of Commerce – this week marked their 100th ribbon-cutting since the storms at VCA Sanibel Animal Hospital at 1509 Periwinkle Way.

Villa Sanibel – condos at 2321 West Gulf Dr just announced that their units will officially reopen on July 1 after 1002 days of recovery.

Village Shops on Sanibel – had some new tenants move in and already reopen. Most previously were at the shopping center at the end of Tarpon Bay Rd. Now in their new location at 2340 Periwinkle Way are J Rod’s, On Island, and Suncatcher’s Dream. Opening soon is the Over Easy Café. A new boutique, Island Pearl, also has opened at the Village Shops.

Florida Condo Rider

Florida Governor Ron DeSantis recently signed a bill with changes to section 718.403, Florida Statutes, of the Florida Condominium Act. As a result, Florida Realtors legal team is hosting a webinar this coming Monday afternoon to discuss the updates to the Florida sales contract Condo Rider, as well as other statutory changes. The bill goes into effect July 1. SanibelSusan is registered to attend. More details on that next week.

Sanibel & Captiva Real Estate Scoop

The June membership meeting of the islands Association of Realtors was yesterday with guest speaker Brighton Heard, the new General Manager of CEPD (Captiva Erosion Protection District). He spoke to attendees on the process of beach renourishment, dune restoration, and resiliency planning to mitigate the impacts of storms and sea-level rise. Following the meeting, seven Sanibel homes and a Sanibel condo were open for easy Caravan viewing.

This week, there were just four new sales posted in MLS: all residential on Sanibel: a condo and three homes.

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

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 160 961,478 159 232 1,620,824 145 44 1,244,418 284
Under contract 8 785,999 159 19 1,412,813 128 0 N/A N/A
Sold to 6/27/25 58 791,775 118 91 1,432,807 124 4 1,095,000 79
Sold 2024 75 818,493 117 165 1,472,757 114 15 1,403,533 192
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 49 1,228,579 193 40 6,274,800 196 3 9,916,666 322
Under contract 3 458,333 259 2 2,487,000 159 0 N/A N/A
Sold to 6/27/25 6 1,313,333 269 1 910,000 86 0 N/A N/A
Sold 2024 13 1,728,846 185     8 4,887,187 182 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity Jun 20-27

Sanibel

CONDOS

1 new listing: Sandalfoot #1B3 2/2 $599K.

3 price changes: Sundial #I101 1/1 now $484.9K, Tantara #202 2/2 now $749K, Loggerhead Cay #583 2/2 now $799K.

1 new sale: Captains Walk #F1 2/1.5 listed at $364,999.

2 closed sales: Sandpebble #3E 2/2 $425K, Sandpiper Beach #103 2/2 $675K.

HOMES

4 new listings: 1043 Sand Castle Rd 3/2 $995K, 6120 Henderson Rd 3/2.5 $1.65M, 1537 Sand Castle Rd 4/3 $1.8M, 500 Kinzie Island Ct 3/3 $1.995M.

11 price changes: 490 Marian Rd 2/2 now $749K, 1202 Sand Castle Rd 4/2.5 now $1.099M, 1825 Middle Gulf Dr 3/2 now $1,149,900; 3008 Turtle Gait Ln 3/2 now $1.325M, 2402 Wulfert Rd 4/3.5 now $1.595M, 1507 Angel Dr 3/2.5 now $1.65M. 6101 Starling Way 4/3.5 now $1.744M, 848 Limpet Dr 3/2 now $1.85M, 1321 Eagle Run Dr 3/3.5 now $1.898M, 6450 Pine Ave 3/3 now $2.295M, 970 Victoria Way 3/3.5 now $2.4M.

3 new sales: 720 Elinor Way 3/2 listed at $1.149M, 851 Angel Wing Dr 5/4 listed at $1,990,900; 4318 West Gulf Dr 3/4.5 listed at $2.995M.

6 closed sales: 9003 Mockingbird Dr 5/4 $665K, 235 Palm Lake Dr 3/2 $710K, 9067 Mockingbird Dr 3/2 $855K, 1590 Century Ct 3/3 $1.325M, 4166 Dingman Dr 4/4 $1.5M, 9113 Mockingbird Dr 3/3.5 $1.88M.

LOTS

Nothing to report.

CAPTIVA

CONDOS

1 new listing: Tennis Villas #3119 1/1 $410K.

1 price change: Lands End Village #1602 3/2 now $2.95M.

No new or closed sales.

HOMES & LOTS

Nothing to report.

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

Enjoy your weekend & get your red, white, & blue ready!

Susan Andrews, aka SanibelSusan

Another Sunny Sanibel Friday on the Longest Day of the Year

Another Friday is here and this one is the longest day of the year and the beginning of summer in the Northern Hemisphere. Here on sunny Sanibel, though June is recognized, we enjoy summer-like weather year-‘round.

As recovery continues with plenty of new construction plus more raising of homes, the islands are gearing up for the July 4th festivities and summer visitors.

Lee County Mosquito Control has been dealing with challenges of nighttime spraying by helicopter. Though most days were sunny this week, there have been routine evening and late-night showers, enough to sometimes postpone those working to get rid of the pests. They sprayed over my home last night and it was a welcome reprieve to have a skeeter-free trash day.

The Sanibel Marina this afternoon with the clouds rolling in.

The City (of Sanibel) also announced that vegetation trimming will continue this Sunday (June 22) from 7:30 a.m. to 3:30 p.m. on Periwinkle Way from Causeway Blvd to Tarpon Bay Rd. Weather permitting, this will include both sides of the road including the shared use path.

Clean-up of the Gulf Dr roadway swales also continues with new sod going down in some areas where landscaping was disturbed.

Despite Unusual Session, Realtor Successes Shine Through

Posted this week on FloridaRealtors.org: “A look at how Florida Realtors helped shape legislation to benefit consumers and the state’s real estate industry during the 2025 Legislative Session.

“Late in the evening on June 16, the Florida Legislature declared Sine Die, officially ending the 2025 Legislative Session that began on March 4. Legislative leaders had extended session past its expected May 2 end date to work through budget differences that existed between both chambers. Numerous legislative victories were achieved during the extended 105-day lawmaking period that will benefit the profession, property owners and communities throughout Florida. Significant legislative victories include:

  • Total elimination of Florida’s Business Rent Tax (BRT)
  • $50 million for the Hometown Heroes Housing Program
  • $310 million in new and unused funds to help Floridians harden their homes and condominiums
  • $385 million for state and local affordable housing programs
  • $1.5 billion for water quality and restoration projects
  • Bringing additional transparency to transactions involving condominium units.
  • Protecting the private property rights of commercial building and short-term rental owners dealing with squatters.
  • Preserving and protecting the natural wonders of our state parks.
  • Eliminating the negative consequences of lookback periods.
  • Increasing the transparency of flood risk for long-term renters, as well as purchasers of condominiums, cooperatives and mobile home park lots.
  • Helping landlords and tenants communicate through optional electronic notices.

These wins are in addition to numerous other laws passed by lawmakers that impact Realtors and their businesses. Bills passed head to the governor for final approval.

2025 Realtor Priority Wins

Elimination of Florida’s Business Rent Tax (BRT)HB 7031 includes a complete elimination of the BRT which represents an additional $900 million in tax relief for businesses throughout Florida. This elimination includes both the state sales tax rate, as well as the discretionary sales surtax that counties can levy on commercial leases. Effective: October 1, 2025.

More Money for the Hometown Heroes Housing ProgramSenate Bill 2500 (the state budget), injects an additional $50 million into the Hometown Heroes Housing Program (HHHP), the state’s popular first-time homebuyer program for hard-working Floridians. Please note that certain occupation restrictions have been added to this funding. More information to come. Effective: July 1, 2025.

My Safe Florida Home Program Gets More FundingSenate Bill 2500 includes $280 million in new funding for the My Safe Florida Home (MSFH) program. The My Safe Florida Condominium (MSFC) program had last year’s funding of $30 million reappropriated so previously approved grant applicants can receive their money. Both of these programs help Floridians protect their homes against storms and reduce their insurance premiums. More information on the availability of this funding will be available soon.

$385 Million for State and Local Affordable Housing ProgramsSenate Bill 2500 allocates $385 million to the State and Local Government Housing Trust Funds. This includes $163.8 million for the State Housing Initiatives Partnership (SHIP) for downpayment and closing cost assistance programs, and $221.2 million for the State Apartment Incentive Loan program (SAIL) which helps build affordable rental housing. Effective: July 1, 2025.

Over $1.5 Billion for the Everglades and Water Quality: The Florida Legislature continues to allocate significant funding for projects that improve Florida’s water. Senate Bill 2500 includes money for Everglades restoration ($546 million), Water Quality grants ($400 million) Flood/Sea level rise ($150 million) the C-51 Reservoir ($60 million), Biscayne Bay ($20 million), the Indian River Lagoon ($102 million), total maximum daily loads ($25 million), Resilient Florida Grant Program ($20 million), Land Acquisition and Restoration Trust Fund ($150 million), and Alternative Water Supply ($50 million). Effective: July 1, 2025.

Additional Transparency in Condominium TransactionsHB 913 is intended to ensure a smooth transition to safer buildings and increased financial health. One provision in the bill is a Realtor priority designed to improve street address transparency – condominium associations would be required to include approved BOD meeting minutes for the preceding 12 months on their website. This will help prospective purchasers learn of special assessments that have not yet been formally adopted. The bill also extends a buyer’s right to cancel the contract to seven days after receipt of the governing documents. This increased transparency will help reduce post-closing litigation. Effective: July 1, 2025.

Limiting Negative Consequences of Lookback PeriodsSB 180 requires cities and counties to have a webpage dedicated to a hurricane and storm recovery permitting guide for residential and commercial property owners. This guide must include elevation quality requirements following substantial damage and substantial improvement in accordance with the National Flood Insurance Program (NFIP). The bill also prohibits local governments participating in the NFIP from adopting or enforcing lookback periods. Effective: July 1, 2025.

Preserve and Protect Florida’s State ParksHB 209 updates Florida’s management of state lands by prioritizing conservation-based recreational use, restricting environmentally harmful construction in state parks, and permitting camping cabins only if they do not harm natural resources. Also establishes new timelines for public hearings. Effective: July 1, 2025.

Helping Vacation Rental Owners Remove SquattersSB 606 would make it easier for public lodging establishment operators (hotels and vacation rental owners) to remove problem guests by clarifying when a stay is temporary, setting clear removal rules, and allowing police to arrest guests who refuse to leave. Effective: July 1, 2025.

Speeding Up the Removal of Squatters from Commercial PropertiesSB 322 helps commercial property owners remove illegal squatters more easily by letting owners file complaints with the sheriff, allowing immediate evictions, increasing penalties for property damage, and preventing fake property listings. Effective: July 1, 2025.

Making it Easier for Landlords And Tenants to CommunicateHB 615 allows landlords and tenants to send notices electronically via email if both parties agree through an addendum to the rental agreement. This agreement may be revoked at any time by either party with written notice. Notices are considered delivered when sent unless they are returned as undeliverable. The bill requires the sender to maintain a copy of the electronically sent notice and evidence of its transmission. Effective: July 1, 2025.

Increasing Transparency of Flood RiskSB 948 requires landlords to provide the existing seller flood disclosure to tenants at or before they sign a lease for one year or longer. Condominium developers, cooperative developers, and mobile home park owners will also be required to provide the disclosure to prospective purchasers. This disclosure will help renters and buyers make more informed decisions about a property and reduce the number of legal disputes that occur. Effective October 1, 2025….”

Sanibel & Captiva Real Estate Scoop

The local Association of Realtors did not meet this week, but a few new residential sales were posted in MLS: a condo and six homes on Sanibel, plus two Captiva condos.

Today, there was a baby shower for our CEO Bill Robinson and his wife Elizabeth. They are expecting their first, it’s a boy!

Below, with data from the island MLS are summary tables of the residential sales statistics, followed by an update about our listings, plus the details of the MLS action reported this week.

SANIBEL

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

162

974,225

154

233

1,610,001

143

44

1,244,418

277

Under contract

9

787,388

149

22

1,287,434

155

0

N/A

N/A

Sold to 6/20/25

56

800,410

118

85

1,453,358

112

4

1,095,000

79

Sold 2024

75

818,493

117

165

1,472,757

114

15

1,403,533

192

Sold 2023

98

955,261

65

263

1,267,390

73

24

920,645

76

Sold 2022

123

1,136,199

44

185

1,602,745

52

26

779,528

223

Sold 2021

287

875,127

113

355

1,341,881

89

69

698,862

442

CAPTIVA

RESIDENTIAL

CONDOS

HOMES

LOTS

#

Avg Price

DOM

#

Avg Price

DOM

#

Avg Price

DOM

For sale:

48

1,254,966

190

41

6,262,000

186

3

9,916,666

315

Under contract

3

458,333

259

2

2,487,000

159

0

N/A

N/A

Sold to 6/20/25

6

1,313,333

269

1

910,000

86

0

N/A

N/A

Sold 2024

13

1,728,846

185

    8

4,887,187

182

0

N/A

N/A

Sold 2023

17

834,176

98

17

2,716,647

70

0

N/A

N/A

Sold 2022

28

1,458,983

52

22

5,636,386

133

0

N/A

N/A

Sold 2021

64

1,150,373

145

44

2,988,520

261

2

2,950,000

731

Sanibel & Captiva Islands Multiple Listing Service Activity Jun 13-20

Sanibel

CONDOS

4 new listings: Captains Walk #D1 2/1 $350K, Blind Pass #E109 2/2 $450K, Sayana #102 2/2 $949K, Sanibel Arms West #C6 2/2 $1.15M.

9 price changes: Sanibel Moorings #212 1/1 now $475K, Spanish Cay #B3 2/2 now $499K, Lake Palms #5 2/2.5 now $499,999; Cottage Colony West #110 1/1 now $502K, Sanibel Moorings #232 2/2 now $675K, Blind Pass #G102 2/2 now $695K, Sundial #H402 2/2 now $719.9K. Shell Island Beach Club #5D 2/2 now $899K, Sundial #N301 2/2 now $1.195M.

1 new sale: Blind Pass #D105 2/2 listed at $499,999.

1 closed sale: Nutmeg Village #211 2/2 $900K.

HOMES

4 new listings: 1672 Atlanta Plaza Dr 2/1 $455K. 486 Lake Murex Cir 3/2 $675K, 1043 Blue Heron Dr 2/3 $919K, 1564 Middle Gulf Dr 3/2.5 $1.35M.

4 price changes: 773 Cardium St 2/2 now $825K, 926 Lindgren Blvd 3/2 now $1.299M, 203 Daniel Dr 3/3 now $1.465M, 6101 Starling Way 4/3.5 now $1.745M.

6 new sales: 662 East Rocks Dr 3/2 listed at $625K, 9436 Kava Ct 2/2 listed at $694K, 980 Sand Castle Rd 3/3 listed at $799K, 1111 Schooner Pl 3/3 listed at $1.395M, 4166 Dingman Dr 4/4 listed at $1.797M, 461 Lake Murex Cir 4/3.5 listed at $2.225M.

6 closed sales: 1027 Bird Watch Way 3/2 $750K, 459 Lagoon Dr 2/2.5 $950K, 5855 San-Cap Rd 3/2 $1.26M, 544 Sea Oats Dr 4/4 $1.325M, 483 Sea Walk Ct 4/3 $1.865M, 4513 Waters Edge Ln 3/2.5 $4.15M.

LOTS

2 new listings: 554 Lake Murex Cir $850K, 4733 Rue Belle Mer $1.2M.

No price changes, new, or closed sales.

CAPTIVA

CONDOS

1 new listing: Tennis Villas #3126 1/1 $309K.

No price changes.

2 new sales: Bayside Villas #5112 1/2 listed at $295K, Bayside Villas #5208 1/2 listed at $400K.

No closed sales.

HOMES

No new listings.

1 price change: 11523 Andy Rosse Ln 5/5.5 now $3.999M.

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 in or participated in these transactions.

Enjoy your weekend, Susan Andrews, aka SanibelSusan

Lucky Friday 13th on Sunny Sanibel Island

Buttonwood Ln bayside 6/12/2025

It is another sunny Sanibel Friday, hopefully a lucky Friday the 13th and happy start to the weekend, especially for those celebrating Fathers’ Day.

I admit I was wrong last week saying the gorgeous color of the water around the islands was done with the onset of the rainy season. After beautiful weather last Friday, more sunshine continued right through the weekend until late Wed on Sanibel with blue skies every day.

It was especially appreciated Tuesday when the SanibelSusan Team showed seven homes. We finished up in The Dunes stopping at their restaurant for a late lunch. It had been a couple of hurricanes ago since I had been there, so it was great to see that the décor, service, chow, and view still are wonderful. (A tropical chicken salad is a new menu addition and fabulous!)

On the Causeway heading to Sanibel 6/11/2025 5 p.m.

Late Wednesday, after some off-island chores, I was on the causeway heading home about 5 p.m. when a huge black cloud followed. The ominous black sky to the east, bright turquoise bay water, and sunshine to the west were an unusual color-combination and so striking that it was almost eerie. The colors were amazing, and I made it home before a soft rain began.

Yesterday also was sunny, until mid-afternoon when the clouds again rolled across the causeway late afternoon and thunder boomed in the distance. The island has had just enough rain this week that there was no need to add pool water and vegetation is growing like crazy, while Dave reports they have had daily showers, sometimes heavy, just off-island

The Sanibel forecast shows only 15-20% chance of rain next week, so maybe the brilliant water will stay around a bit longer.

Captivaville Songwriters Weekend

The Seventh Annual Captivaville Songwriters Weekend begins today and runs through Sunday at ‘Tween Waters Inn and Marina. It is Captiva’s largest music festival and features local singer-songwriters. Performances are scheduled with kick-off party from 5:15 to 8 p.m. tonight, poolside tomorrow from 12:30 to 5:30 p.m., and Sunday brunch in The Shipyard restaurant beginning at 11 a.m. Attendees need to purchase either a day-pass or have a room reservation. Call 239-472-5161 Ext 1 for more info.

Star Spangled Sanibel

Things are getting back to normal with the best July 4th planned this year to also celebrate the City’s 50th Anniversary. Below is a line-up of events to far:

  • 4th of July Pancake Breakfast – 7 to 9 a.m. at Sanibel Community Church.
  • Independence Day Parade – begins at 9:30 a.m. on Tarpon Bay Rd where Island Inn Rd intersects, then up Periwinkle Way to Casa Ybel Rd.
  • July 4th Celebration at Jerry’s – at the shopping center, 10 a.m. to 2 p.m.
  • Red, White, & 50-Years Bright Community Celebration – 11 a.m. to 2 p.m. at the Sanibel Recreation Center.
  • 45th Annual Friends-of-Randy Road Rally – vehicle scavenger hunt begins at noon at The Timbers parking lot. This year it benefits C.R.O.W. (Clinic for the Rehabilitation of Wildlife).
  • 4th of July Dinner at The Dunes With Danny Morgan – 6 to 10 p.m.
  • Fireworks – 9 p.m. weather permitting from north end of Bailey Rd into bay.

Sanibel Vegetation Trimming

This Sunday, June 15 from 7:30 a.m. to 3 p.m., Sanibel Public Works advises that the vegetation from Periwinkle Way will be trimmed from Casa Ybel Rd to Tarpon Bay Rd. Traffic may sometimes be reduced to one-lane. Roadsides then will be parade ready!

Condo-Tel Rates

Loan rates often are not the greatest for investors looking to purchase a condo-tel. Those units are in a building that is legally a condominium but operated as a hotel, offering short-term rentals, and maintaining a front desk. There are several of those on Sanibel including Sundial, Oceans Reach, Sandalfoot, etc. and many at South Seas Resort on Captiva.

I heard from one of our long-time local bankers this week. He handled the loan for the first property I purchased on Sanibel. He is with a portfolio mortgage lender which is funding non-warrantable condo-tel loans with just a 15% down payment and no PMI (Private Mortgage Insurance). They offer a 7-year ARM at 7.5% (3.375 points) and 10-year ARM at 7.625% with no points. These are available for both foreign and domestic 2nd home buyers and investors, up to $3M loan amount for a purchase or re-finance.

Island Real Estate Scoop

Yesterday, the Sanibel & Captiva Islands Association of Realtors had their first Caravan meeting in several weeks. It was open to any location, either island. Only seven Sanibel homes were open for viewing after the meeting. The next meeting is in two weeks on June 26. That is also our monthly membership meeting with guest speaker from CEPD (Captiva Erosion Protection District).

Below, with data from the island MLS are the details of the MLS action reported this week.

There were just four new residential sales posted in MLS this week, all on Sanibel: a gulf-front condo and three homes.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 160 978,734 155 242 1,634,270 139 43 1,297,776 279
Under contract 9 836,166 140 21 1,311,078 159 0 N/A N/A
Sold to 6/13/25 55 798,599 120 79 1,432,284 113 4 1,095,000 79
Sold 2024 75 818,493 117 165 1,472,757 114 15 1,403,533 192
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 49 1,237,232 189 41 6,334,585 183 3 9,916,666 308
Under contract 1 680,000 304 2 2,487,000 159 0 N/A N/A
Sold to 6/13/25 6 1,313,333 269 1 910,000 86 0 N/A N/A
Sold 2024 13 1,728,846 185     8 4,887,187 182 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity Jun 6-13

Sanibel

CONDOS

2 new listings: Sand Pointe #122 2/2 $699K, Sundial #J304 2/2 $899K.

1 price change: Sanibel Arms #A7 1/1 now $369K.

1 new sale: Sundial #L404 2/2 listed at $1.6M.

2 closed sales: Beach Road Villas #103 2/2 $549K, Loggerhead Cay #184 2/2 $845K.

HOMES

6 new listings: 1839 Farm Tr 3/2 $799K, 771 Rabbit Rd 2/2 (1/2 duplex) $849K, 1448 Albatross Rd 3/2 $879K, 1550 Center St 3/2 $900K, 1226 Par View Dr 3/2 $995K, 513 Lighthouse Way 3/3 $2.699M.

2 back-on-market: 654 Sea Oats Dr 3/2 $985K, 4513 Waters Edge Ln 3/2.5 $4.9M.

9 price changes: 220 Hurricane Ln 2/2 now $499K, 2126 Egret Cir 3/2 now $799K, 3314 Saint Kilda Rd 3/2 now $899K, 9439 Cotton Ct 4/4.5 now $1.089M, 1202 Sand Castle Rd 4/2.5 now $1.199M, 3008 Turtle Gait Ln 3/2 now $1.399M, 6101 Starling Way 4/3.5 now $1.746M, 2287 Starfish Ln 4/4 now $2,199,999; 461 Lake Murex Cir 4/3.5 now $2.225M.

3 new sales: 586 Boulder Dr 3/2 listed at $499,999; 5089 San-Cap Rd 3/2 listed at $798K, 1158 Golden Olive Ct 5/5.5 listed at $2.995M.

5 closed sales: 1660 Bunting Ln 4/3.5 $1.1M, 1672 Hibiscus Dr 4/4.5 $1.25M, 1870 Woodring Rd 3/3.5 $2.35M, 4352 West Gulf Dr 5/3.5 $2.675M, 2307 Wulfert Rd 4/4 $3M.

LOTS

1 new listing: 1030 White Ibis Dr $629K.

1 price change: 2438 Wulfert Rd now $399K.

No new or closed sales.

CAPTIVA

CONDOS

1 new listing: Bayside Villas #5144 1/2 $545K.

4 price changes: Bayside Villas #4116 1/2 now $495K, Bayside Villas #4118 1/2 now $495K, Beach Villas #2323 1/1 now $645K, Gulf Beach Villas #2122 2/2 now $1.85M.

No new sales.

1 closed sale: Bayside Villas #5124 1/2 $285K.

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 in or participated in these transactions.

Enjoy your weekend,

Susan Andrews, aka SanibelSusan

Rainy Season Is Here, But Today’s Another Sunshiny Friday!

Rainy Season Not Here Yet, on Sunny Sanibel

The Causeway Islands sure were packed over the holiday weekend with beachgoers enjoying the wonderful weather. The rainy season still has not begun, so delight continues about the brilliant clear water.

From Wed 05-28-2025

There also have been plenty of boating fisherman, on either side of the causeway and out in the bay/gulf, particularly Saturday, Sunday, and Monday.

Though rain is needed and popcorn clouds continue to occasionally threaten, there have been no showers since a quick one Sunday evening. The forecast says the odds are up to 50% for rain every day next week. Meanwhile, we keep marveling at the Caribbean-style water, as it could be stirred up soon, right on schedule with the arrival of June.

Sanibel Stormwater Repair Project Continues

The City posted another update this week on Sanibel’s island-wide stormwater repair project which began in April and is part of their stormwater master plan update. The system was inspected by Johnson Engineering and the repair project incorporates the results of that and City inspections. Sediment is being removed from swales/culverts and improvements made at catch basin inlets and pipe end treatments. The project is expected to take several months. Work is in areas within publicly maintained rights-of-way and drainage easements.

More Re-Openings

Lazy Flamingo 2 & Key Lime Bistro – Last Friday both Lazy Flamingo 2 on Sanibel and Key Lime Bistro on Captiva reopened. They both had been closed for repairs since Hurricane Ian. Great to see them busy all week, including with live music at Key Lime.

Love Sanibel Back 2025 – Kicked off Wednesday at the East-End shops. Every week for the next 13 weeks, different business areas of the island will be highlighted with fun shopping and dining opportunities to “love Sanibel back”.

Florida Legislature Passes Condo Reform

Condo owners and their associations struggling with new FL inspection and repair requirements may get some relief by a couple of recent bills that provide more time for them to meet the stricter safety standards. The new legislation:

  • Clarifies that these inspections apply to buildings with three or more habitable stories.
  • Extends the Dec 31 deadline for structural integrity studies by one year, to the end of 2026. (These studies are required by existing law if a milestone inspection reveals possible structural problems.)
  • Pauses the requirement to create reserve funds for building repairs for two years after completing the structural integrity study.
  • Allows associations to levy special assessments or use line of credit to fund repairs, with the approval of a majority of unit owners.
  • Extends the deadline until Oct 1 for local authorities to report which condos have been inspected or deemed uninhabitable.

Island Real Estate Scoop

The Sanibel & Captiva Islands Association of Realtors had their monthly membership meeting yesterday followed by the first caravan in three weeks. Guest speaker, Sanibel Mayor Mike Miller provided an island update, while only one property was open for caravan viewing.

Through the summer slower season, the Caravan Meetings will be every other week, open for any island location, and go back to an earlier schedule of 9-10 a.m. That will mean earlier open houses too. The next one will be June 12.

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

On the residential side, there were seven new sales this week on Sanibel (three condos and four homes) and three on Captiva (a condo and two homes).

On the commercial side, Island Condo Maintenance (ICM), the pool service business came on the market for $1.3M. The commercial real estate at 1039 and 1041 Periwinkle Way (known as Sanibel Commons) also is for sale for $5.4M. This real estate includes 1.68 acres with three buildings, the flex building built in 2020 leased by ICM, the Bait Box building that was raised after Ian, and the building leased to Curio Cottage.

SANIBEL

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 169 985,189 151 265 1,704,068 137 46 1,230,030 289
Under contract 12 802,458 87 23 1,324,632 121 0 N/A N/A
Sold to 5/30/25 50 803,929 123 71 1,402,257 111 4 1,095,000 79
Sold 2024 75 818,493 117 165 1,472,757 114 15 1,403,533 192
Sold 2023 98 955,261 65 263 1,267,390 73 24 920,645 76
Sold 2022 123 1,136,199 44 185 1,602,745 52 26 779,528 223
Sold 2021 287 875,127 113 355 1,341,881 89 69 698,862 442

 

CAPTIVA

RESIDENTIAL

CONDOS HOMES LOTS
# Avg Price DOM # Avg Price DOM # Avg Price DOM
For sale: 50 1,231,648 192 41 6,355,926 173 3 9,916,666 294
Under contract 2 1,235,000 181 2 2,487,000 159 0 N/A N/A
Sold to 5/30/25 4 1,473,750 379 1 910,000 86 0 N/A N/A
Sold 2024 13 1,728,846 185     8 4,887,187 182 0 N/A N/A
Sold 2023 17 834,176 98 17 2,716,647 70 0 N/A N/A
Sold 2022 28 1,458,983 52 22 5,636,386 133 0 N/A N/A
Sold 2021 64 1,150,373 145 44 2,988,520 261 2 2,950,000 731

Sanibel & Captiva Islands Multiple Listing Service Activity May 23-30

Sanibel

CONDOS

No new listings.

4 price changes: Sundial #D206 1/1 now $499K, Sandalfoot #4D1 2/2 now $649K, Oceans Reach #3X1 1/1 now $679K, Lighthouse Point #215 3/2 now $895K.

3 new sales: Sandpebble #3E 2/2 listed at $438.5K, Sandpiper Beach #402 2/2 listed at $775K, Island Beach Club #P2E 2/2 listed at $960K.

3 closed sales: Lighthouse Point #211 2/2 $590K, Oceans Reach #3X3 1/1 $640K, La Playa #3B 3.2 $1.55M.

HOMES

5 new listings: 595 Sea Oats Dr 3/2 $789.9K, 773 Cardium St 2/2 $875K, 654 Sea Oats Dr 3/2 $985K, 1283 Par View Dr 2/2 $995K, 1589 Sand Castle Rd 3/3 $1.33M.

2 back-on-market: 1062 S Yachtsman Dr 3/3 $1.299M, 2402 Wulfert Rd 4/3.5 $1.695M.

11 price changes: 220 Hurricane Ln 2/2 now $575K, 910 Fitzhugh St 4/2 now $599K, 9436 Kava Ct 2/2 now $694K, 996 Greenwood Ct N (1/2 duplex) 3/3 now $850K, 970 Sand Castle Rd 3/2 now $959K, 9439 Cotton Ct 4/4.5 now $1.145M, 702 Pyrula Ave 3/2 now $1.295M, 829 Pyrula Ave 3/3 now $1.39M, 6101 Starling Way 4/3.5 now $1.748M, 985 Oyster Ct 5/4 now $2.295M, 1490 Angel Dr 4/3 now $3.795M.

4 new sales: 495 East Lake Rd 3/2 listed at $639K, 654 Sea Oats Dr 3/2 listed at $985K, 1590 Century Ct 3/3 listed at $1.395M, 3744 West Gulf Dr 4/4 listed at $1.599M.

3 closed sales: 604 Sea Oats Dr 4/3 $875K, 736 Windlass Way 3/2 $1.225M, 26010 White Heron Ln 3/2.5 $1.7M.

LOTS

1 new listing: 2442 Blue Crab Ct $549K.

No price changes new, or closed sales.

CAPTIVA

CONDOS

No new listings.

3 price changes: Bayside Villas #5125 1/2 now $325K, Bayside Villas #5208 ½ now $400K, Captiva Beach Villas #E 5/4.5 now $3.489M.

1 new sale: Gulf Beach Villas #2011 1/1 listed at $680K.

1 closed sale: Beach Homes #29 4/4 $2.7M.

HOMES

1 new listing:  15009 Binder Dr 5/6.5 $8.495M.

No price changes.

2 new sales: 15155 Wiles Dr 3/2 listed at $1.979M, 11547 Laika Ln 4/4 listed at $2.995M.

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 in or participated in these transactions.

Enjoy your weekend, Susan Andrews, aka SanibelSusan