Another Friday has snuck up on us with more real estate activity again this week on sunny Sanibel.

I was encouraged during my daily drive-arounds to see many gulf-front complexes constructing new drainage plans and adding new landscaping. Waiting until just before the rainy season to put in those plants makes good sense. (In Southwest Florida, that season is May 15 through Oct 15.) Let Mother Nature do the watering.

More nice weather with temps reaching into the 80’s (degrees F) is expected over the weekend and through next week. Many visitors have been enjoying their spring vacations on the islands as evidenced by often-packed beach parking lots and even waits for dinner in some restaurants.

About 50% of the pre-Ian hotel rooms are available now, and I heard that 90% of those are booked currently. Yay!

Locals out doing daytime chores have learned that to save time we should do them between 10 a.m. and 2 p.m. Personally, I love being stuck in traffic when the weather is nice. Put down the windows, enjoy the fresh air, and be thankful that the islands are rebounding so well. It has taken time, but it’s getting there – and properties are coming back in such better condition!

Island Scoop

Junonia Shells – Those doing the Sanibel Stoop have been finding oodles of shells this week including many Junonia shells. I have looked for 36 years and have yet to find a whole one. The search continues.

Sandalfoot – This 5-building 60-unit condo association at 671 East Gulf Dr has reopened for vacation rentals. With both 1- and 2-bedroom apartments that are either gulf-front or gulf-view, it has been an East End favorite since the early 70’s. Now many units are like-new! They had their grand re-opening this week with their buildings, grounds, easy on-site rental office, and restored amenities look terrific.

Sanibel Distressed Properties – At the last City Council meeting a first reading was held about an Ordinance change to the Land Development Code to authorize the City to take action to abate unsecured or unkept properties that have been declared “distressed”. A Code Enforcement Hearing covering several properties is scheduled for Monday, March 31. The next City Council Meeting is Tuesday. More info including meeting agenda and links to listen to the meetings are on MySanibel.com.

Shalimar Beach Resort – It has been a year since the groundbreaking of the new buildings of this hotel at 2823 West Gulf Dr. They certainly looks different from the previous 1959-style olde-Florida cottages, but their advertising touts that all of the 33 new accommodations, including hotel studios and 1- and 2-bedroom villas will have kitchens and balconies. It still looks like construction has a long way to go, but they just announced that they are taking reservations for stays beginning in October.

Sanibel & Captiva Islands Association of Realtors

During the local Association of Realtors Caravan meeting yesterday, more info was shared, including plenty of new listings and price reductions, plus a few sales. I was happy to announce a SanibelSusan Realty condo listing going under contract and another with a terrific price reduction.

After the meeting an East End Caravan followed with eight homes and two condos open for easy viewing.

Our Association of Realtors also warned us late yesterday there have been more reports today of local Realtors getting text messages from fraudulent sellers. Thankfully, Florida Realtors provides its agents with an app called Forewarn where we enter a phone number and instantly verify caller identity, criminal history, property and vehicle ownership, financial data, and additional phone and address history. You can be sure that we use it when we get calls from numbers our phones do not recognize.

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

As the tables below show, there now are 539 residential properties for sale on Sanibel, 94 on Captiva. That compares to 255 sold last year on Sanibel, 21 on Captiva. This year-to-date, Sanibel has had 63 closed sales, 1 on Captiva.

While we hope that the other properties that are under contract (40 on Sanibel, 6 on Captiva) will also successfully close, market recovery is slow. Too slow but still moving in the right direction.

Sanibel & Captiva Islands Multiple Listing Service Activity Mar 21-28

Sanibel

CONDOS

6 new listings: Captains Walk #E2 2/1.5 $369K, Blind Pass #D105 2/2 $615K, Lighthouse Point #132 2/2 $649K, Sandalfoot #4D1 2/2 $725K, Sundial #J104 2/2 $1.048M, Wedgewood #106 3/3.5 $3.5M.

14 price changes: Colonnades #1 1/1 now $239K, Mariner Pointe #713 2/2.5 now $399K (SanibelSusan listing), Sundial #I207 1/1 now $445K, Cottage Colony West #132 1/1 now $535K, Beach Road Villas #103 2/2 now $585K, Blind Pass #F104 2/2 now $599K, Donax Village #19 2/2 now $620K, Lighthouse Point #232 3/2 now $795K, Loggerhead Cay #184 2/2 now $939K, Sundial #R401 2/2 now $1.19M (SanibelSusan listing), Nutmeg Village #309 2/2 now $1.15M, Heron at The Sanctuary #1-3A 3/2.5 now $1.298M, La Playa #3B 3/2 now $1.75M, High Tide #B101 3/2 now $2.1M.

Sundial East

6 new sales: Colonnades #51 1/1 listed at $245K, Sunset South #7D 2/2 listed at $599K (SanibelSusan listing), Island Beach Club #P1F 2/2 listed at $774.8K, Sanibel Inn #3511 2/2 listed at $825K, Lighthouse Point #323 3/2 listed at $950K, Somerset #E101 3/2.5 listed at $1.749M.

3 closed sales: Sandalfoot #5B2 1/1 $575K, Lighthouse Point #317 3/2 $585K, Oceans Reach # 1A4 2/2 $850K.

HOMES

6 new listings: 970 Sand Castle Rd 3/2 $969K, 1986 Wild Lime Dr 3/2 $979K, 707 Cardium St 3/2 $1.095M, 3702 Coquina Dr 4/3 $1.295M, 1103 Schooner Pl 4/3 $1.45M, 461 Lake Murex Cir 4/2.5 $2.4M.

1 back-on-market: 421 Lake Murex Cir 3/2 $899K.

25 price changes: 662 East Rocks Dr 3/2 now $699K, 4560 Brainard Bayou Rd 3/2 now $724K, 1813 Long Point Ln 4/2.5 now $789K, 1410 Sand Castle Rd 2/2 now $799K, 3362 Barra Cir 2/2 now $799K, 486 Lake Murex Cir 3/2 now $799K, 713 Durion Ct 3/2 now $850K, 3941 Coquina Dr 3/2 now $875K, 996 Greenwood Ct N (1/2 duplex) 3/3 now $899K, 9247 Dimmick Dr 3/2 now $919K, 604 Sea Oats Dr 4/3 now $999K, 1270 Par View Dr 3/2 now $1.145M, 9439 Cotten Ct 3/4.5 now $1.15M, 1339 Par View Dr 3/2.5 now $1.195M, 3711 Agate Ct 3/2.5 now $1.195M, 640 Periwinkle Way 3/2 now $1.299M, 4353 Gulf Pines Dr 3/2.5 now $1.495M, 544 Sea Oats Dr 4/4 now $1.55M, 939 Beach Rd 4/3.5 now $1.55M, 3744 West Gulf Dr 4/4 now $1.699M, 4166 Dingman Dr 4/4 now $1.797M, 1507 Angel Dr 3/2.5 now $1.8M, 4090 West Gulf Dr 5/3 now $1.995M, 880 Limpet Dr 4/3.5 now $3.099M, 4709 Rue Belle Mer 3/2 now $3.99M.

4 new sales: 254 Daniel Dr 3/2 listed at $1.195M, 1313 Eagle Run Dr 3/3 listed at $1.695M, 6407 Pine Ave 3/2 listed at $1.899M, 479 Lagoon Dr 3/3 listed at $1.998M.

3 closed sales: 209 Robinwood Cir 3/2 $585K, 589 Rabbit Rd 2/2 $790K, 539 N Yachtsman Dr 4/3.5 $1.595M.

LOTS

No new listings, price changes, or new sales.

1 closed sale: 6015 Clam Bayou Ln $975K.

CAPTIVA

CONDOS

1 new listing: Gulf Beach Villas #2122 2/2 $1.95M.

1 price change: Lands End Village #1655 2/2 now $1.189M.

No new or closed sales.

HOMES

1 new listing: 16886 Captiva Dr 5/4.5 $7.5M.

3 price changes: 11523 Andy Rosse Ln 5/5.5 now $4.675M, 15891 Captiva Dr 5/4.5 now $6.1M, 16512 Captiva Dr 7/5.5 now $7.95M.

1 new sale: 16500 Captiva Dr 6/6.5 listed at $7.895M.

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

It is the first Friday in Spring, yet island weather remains the same as last week – with mostly sunshine and warm days to the delight of local kiddos that were off for Spring Break. There was noticeable increased traffic on the shared use paths and spots often were filled at beach parking areas. More nice weather is expected over the weekend and through next week. Forecast says, by Wednesday, it may again hit 80 degrees F.

More condos and accommodations are reopening, which hopefully means additional visitors will be back enjoying the islands. The good news continues as every drive around the islands produces another glimpse of more progress.

Photo by Jim Anderson, JMA Photography

Island Tidbits

Shared Use Path Speed – The expanded use of E-bikes has resulted in more education on what is allowed on Sanibel’s Shared Use Paths. With 26+miles of paths, they can be busy, particularly “in season” with bikers, joggers, hikers, dog walkers, baby strollers, and more.

Mid-week I noticed new “speed limit” signs posted on the paths. The ones next to the roadway in front of Lighthouse Café and The Lazy Flamingo say “10 mph” which initially made me think I was speeding in my car. Regarding E-bikes on the paths, only Class 1 bikes are permitted and riders must be 16 or older. Pedestrians still have the right-of-way. All users need to be careful. Sanibel has a brochure with the rules at https://www.mysanibel.com/government/recreation2/bike-or-hike-on-the-shared-use-path

Whitney’s Bait & Tackle – Over the course of the last year, you may have seen that Whitney’s Bait & Tackle at 1554 Perwinkle Way has been raised up. This week, I noticed that they have covered the lower pilings with a buffer along the streetside that incorporates “fish”. It’s just cool. Bet you notice it too.

Sanibel & Captiva Islands Association of Realtors

Yesterday, at the islands Association of Realtors monthly Membership Meeting followed by West End Caravan, guest speaker was Dr Steve Davis, Chief Science Officer of The Everglades Foundation. His informative presentation advised that the foundation now is 30+years old and that “science doesn’t get to the goal line, it takes political engagement.”

Clean water affects the economy, particularly tourism, outdoor recreation, and real estate. The foundation works to protect America’s Everglades through science, advocacy, and education. The need for Everglades restoration has been recognized for over 50 years.

One of the slides was from a 1972 National Geographic magazine showing South Florida’s water crisis then.

Solving water quality issues certainly has it challenges, but it was positive to hear about how involved the Foundation is with schools and students. Also, that water is one of the only bipartisan issues where there is agreement nationally.

The Everglades Restoration Plan which was signed in 2000 is making strides. Dr Davis advised that the C43 storage reservoir which is 10 acres next to Lehigh Acres should be complete by the end of 2025 and will hold billions of gallons of water, leading to recovery of the Caloosahatchee Estuary.

Further south, the larger EAA (Everglades Agricultural Area) reservoir is slated to be done in late 2034 and it also will have a water treatment wetland area next to it. With ten Everglades Restoration projects completed over 3 million acres, it also was interesting to hear that the Picayune Strand (which is south of Naples) is restored and already bringing back natural habitat, including eagles and panther. The Kissimmee River that goes into Lake O also has been restored. An interesting statistic is that 70-80% of the benefits in these projects are in the first 3-5 years.

Dr. Davis’ presentation was a good entre to a unique opportunity the Association of Realtors is offering to its members on April 30 when The Everglades Foundation, South Florida Water Management District, and U.S. Army Corps of Engineers will provide more info as attendees participate in a day-long trip to both the C43 and EAA reservoirs. A busload will be going.

After the guest speaker, during the Caravan agenda, just two island sales were announced, but there were plenty more new listings and price reductions. After the meeting, just a condo in The Sanctuary Golf Villages was open for easy viewing.

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

What Sellers Don’t Wanna Hear

I have been told more than once lately that the trouble with me is that I tell people what they don’t want to hear. Educated buyers and sellers make smarter decisions and, of course, it is easier to tell people what they want to hear, but here is some info that makes today’s market even more challenging – and probably what sellers don’t wanna hear.

I confirmed this week that SanibelSusan Realty is not the only one receiving low-ball offers from prospective buyers who have never visited a property. These offers, on the “as is” contract with inspection/cancellation period, specify that the offer is not negotiable – either accept it or reject it.

A little sleuthing with other brokers indicates that these purported buyers are making offers on several properties simultaneously, then if they are lucky enough to get one or more accepted, they just cancel any contracts for unwanted property during the cancellation periods. I heard one offer was as low as 63% of asking price. I also have yet to find one that has been accepted and made it to closing.

The island Association of Realtors announced today that they will host a Brokers Roundtable in early April. We have not had one of these since pre-pandemic so this is an opportunity for company leaders to share experiences and to discuss how the Realtor organization and each of us can help each other.

Sanibel & Captiva Islands Multiple Listing Service Activity Mar 14-21

Sanibel

CONDOS

10 new listings: Cottage Colony West #132 1/1 $550K, Cottage Colony West #117 1/1 $575K, Sanibel Siesta #202 2/2 $719K, Sanibel Arms West #G7 2/2 $729K, Sanibel Inn #3511 2/2 $825K, Sundial #A308 2/2 $899K, Lighthouse Point #312 3/2 $919,999; Sanibel Siesta #223 2/2 $955K, La Playa #3B 3/2 $1.85M, Lantana #102 4/3.5 $2.5M.

16 price changes: Colonnades #51 1/1 now $245K, Captains Walk #D1 2/1 now $374K, Cottage Colony West #102 1/1 now $529K, Sundial #C406 1/1 now $599K, Loggerhead Cay #362 2/2 now $819K, Loggerhead Cay #583 2/2 now $845K, Loggerhead Cay #452 2/2 now $849K, Mariner Pointe #223 2/2,5 now $849.9K, Shell Island Beach Club #7B 2/2 now $925K (SanibelSusan Realty listing), Lighthouse Point #323 3/2 now $950K, Nutmeg Village #109 2/2 now $1.095M, Sundial #S301 3/2 now $1.099M, Sundial #K108 3/2 now $1.295M, St Croix #4 2/2 now $1.499M, Gulfside Place #125 2/2 now $1.695M, Seascape #102 3/3 now $2.7M.

Shell Island Beach Club

4 new sales: Sundial #C207 1/1 listed at $524,999; Lighthouse Point #211 2/2 listed at $625K, Oceans Reach #1A4 2/2 listed at $899K, Sundial #O205 2/2 listed at $1.195M.

3 closed sales: Sundial #F105 1/1 $475K, Heron at The Sanctuary #1-1A 3/2.5 $900K, Oceans Reach #4D2 2/2 $1.075M.

HOMES

10 new listings: 5892 San-Cap Rd 3/3 $699K, 1105 Skiff Pl 4/3 $1.15M, 1300 Par View Dr 4/2 $1.179M, 1339 Par View Dr 3/2.5 $1.25M, 1970 Wild Lime Dr 4/3 $1.368M, 736 Windlass Way 3/2 $1.499M, 877 Limpet Dr 3/3.5 $2.95M, 1146 Golden Olive Ct 4/4.5 $3M, 2400 Los Colony Rd 3/3 $3.195M, 1490 Angel Dr 4/3 $3.995M.

26 price changes: 220 Hurricane Ln 2/2 now $675K, 1651 Sand Castle Rd (1/2 duplex) 3/2.5 now $689K, 1436 Jamaica Dr 2/2 now $699K, 575 Hideway Ct 3/2 now $749K, 3009 Singing Wind Dr 3/2 now $817K, 9226 Kincaid Ct 3/2 now $839K, 785 Rabbit Rd 3/2 now $890K, 9247 Dimmick Dr 3/2 now $929K, 1312 Par View Dr 3/2 now $979K, 1169 Sand Castle Rd 3/2 now $985K, 1610 Sabal Sands Rd 3/2 now $998K, 1113 Sand Castle Rd 3/2 now $1.049M, 2596 Roosevelt Pl 3/2 now $1.049M, 4221 Old Banyan Way 3/2 now $1.095M, 720 Elinor Way 3/2 now $1.149M, 3711 Agate Ct 3/2.5 now $1.275M, 5300 Umbrella Pool Dr 3/3 now $1.193M, 3025 Turtle Gait Ln 3/2 now $1.23M, 672 Durion Ct 3/2 now $1.295M, 2999 Twin Ponds Dr 4/3.5 now $1,329,400; 640 Periwinkle Way 3/2 now $1.375M, 1990 My Tern Ct 3/2 now $1.395M, 829 Pyrula Ave 3/3 now $1.6M, 6101 Starling Way 4/3.5 now $1.749M, 6440 Pine Ave 3/3.5.5 now $1.75M, 1004 Bayview Dr 5/4 now $4.345M.

2 new sales: 1563 Sand Castle Rd 4/4.5 listed at $1.1M, 335 East Gulf Dr 3/2 listed at $1.379M.

2 closed sales: 5606 Baltusrol Ct 5/6 $2.9M, 6195 Henderson Rd 3/3.5 $3.3M.

LOTS

1 new listing: 470 Sawgrass Pl $875K.

1 price change: 5398 Osprey Ct now $349K.

1 new sale: 6015 Clam Bayou Ln listed at $1.15M.

No closed sales:

CAPTIVA

CONDOS

4 new listings: Tennis Villas #3222 1/1 $414.5K, Beach Villas #2611 2/2 $939K, Beach Cottages #1411 3/3 $2.599M, Beach Homes #19 3/3 $5.65M.

1 price change: Bayside Villas #4220 1/2 now $649K.

2 new sales: Tennis Villas #3120 1/1 listed at $415K, Lands End Village #1645 2/1 listed at $1.79M.

No closed sales.

HOMES

1 new listing: 16543 Captiva Dr 3/3 $4.8M.

3 price changes: 15160 Captiva Dr 6/6.5 now $4.9M, 15153 Captiva Dr 3/3 now $5.65M, 16979 Captiva Dr 7/7.5 now $5.695M.

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 & if you are “out & about” on the island tomorrow, Sat 3/22, stop in & see teammate David at his Open House at 5309 Umbrella Pool Rd in Sanibel Bayous. He’ll be there from 10 a.m. til 1 p.m.

Sorry for the delay, just as I had this ready to go out at 2 p.m., Xfinity went out on the island. Got it back at 5 p.m.

We are wrapping another week of wonderful weather on sunny Sanibel. Temperatures dropped a tad yesterday after a little shower at sunset Wed night. It doesn’t get any better than the low to mid-70-degrees F in February. Appreciated by not just locals, but also the many island workers and visitors, more of the same is expected for the next week – and “yes”, we sometimes feel guilty when we hear from friends and family up north amid snow and freezing temps.

New private fishing pier at Mariner Pointe. Photo by JMA Photography.

There are plenty of vacancies for those wanting to also enjoy this weather, with more and more opening all the time.

Events & News

13^th Annual “Ding” Darling & Doc Ford’s Tarpon Tournament – is coming up on May 9.

SCCF Christmas Bird Count – posted this week by the Conservation Foundation: “Christmas Bird Count results are in. 12,401 birds from 100 different species were recorded on Sanibel and Captiva as part of our local contribution to the National Audubon Society’s 125^th Christmas Bird Count! In addition to being our highest count  total since 2020, this year had some highly unexpected sightings, including a burrowing owl on Captiva and a snow goose on Sanibel! Our three most frequently observed species were snowy egret, white ibis, and fish crow. Thanks to our 100+ volunteers and partners at the Sanibel-Captiva Audubon Society and J.N. “Ding” Darling National Wildlife Refuge who contributed to this important community science effort. Our data will be combined with other Christmas Bird Counts throughout the western hemisphere, furthering scientists’ understanding of the long-term health and status of bird populations.”

Taste of The Islands – CROW’s annual fundraiser is just days away – on March 1 on the grounds of Sanibel City Hall from 11 a.m. to 4 p.m. More info at TasteOfTheIslands.org. Tickets available on Eventbrite. Visit any of the participating restaurants beginning today (Feb 21 through Feb 28) to try their “featured item” and get a chance to vote early for your favorite restaurant. They include:

·        Boops by the Bubble Room Restaurant

·        Brgr Kitchen & Bar (at Sanibel Island Beach Resort)

·        Cielo

·        The Green Flash

·        Keyline Bistro

·        Lazy Flamingo

·        Lighthouse Café of Sanibel

·        Mud Bugs Cajun Kitchen

·        Rosalita’s Cantina Sanibel

·        Sanibel Deli

·        The Shack of Sanibel

·        Shima Japanese Steakhouse & Sushi Bar (at Sundial Beach Resort & Spa)

·        Sunshine Seafood Café & Wine Bar

·        Timbers Restaurant Home of the Sanibel Grill

Sanibel & Captiva Islands Real Estate

Yesterday, at the islands Association of Realtors monthly Membership Meeting, guest speakers were Sanibel Fire Chief Kevin Barbot and Sanibel Police Chief Bill Dalton. Following the meeting, a Caravan of newly listed properties were open for viewing – 14 Sanibel homes and one Sanibel condo.

For years these caravan meetings were Thursday mornings at 8:30 a.m., changing from bi-weekly to weekly, usually in November, when the number of new listings increased. A maximum of 15 properties were allowed on Caravan and the locations alternated between East End and West End because of the additional travel time needed “in season”. That all changed following the hurricanes with meeting times changed to 11 a.m. due to heavy contractor traffic.

Our MLS Committee recently reviewed a member survey. As a result, Caravan meetings will be changing again to weekly and alternating between east and west (the dividing line is Rabbit Rd), but with the maximum number of properties being reduced from 15 to 10. Those changes are not only because of the many new listings, but to compensate for the traffic and encourage more attendance.

An East End Caravan is scheduled for next Thursday at 11 a.m. with Open House Caravan of new listings beginning at noon.

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

With there being so few sales, some ask: what is selling? Below is a list of the closed island sales year-to-date including the 9 Sanibel condos and 20 homes, and the single home sale on Captiva. No lots have sold, nor any Captiva condos.

SANIBEL CONDOS CLOSED Jan 1 to Feb 21, 2025

SANIBEL HOMES CLOSED Jan 1 to Feb 21, 2025

CAPTIVA HOME CLOSED Jan 1 to Feb 21, 2025

Sanibel & Captiva Islands Multiple Listing Service Activity Feb 14-21

Sanibel

CONDOS

7 new listings: Captains Walk #F7 2/1.5 $339K, Sanibel Arms #H2 1/1 $374,995;  Sunset South #7D 2/2 $599K (SanibelSusan listing), Lighthouse Point #211 2/2 $624K, Ibis at The Sanctuary #B302 2/2 $739K, Loggerhead Cay #452 2/2 $895K, Sundial #O206 2/2 $1.495M.

1 back-on-market: Lighthouse Point #223 3/2 $1.025M.

5 price changes: Blind Pass #F104 2/2 now $649K, Ibis at The Sanctuary #A302 2/2 now $795K, Oceans Reach #1A4 2/2 now $980K, Oceans Reach #3A3 2/2 now $999K, Compass Point #191 3/3 now $1.599M.

2 new sales: Loggerhead #264 2/2 listed at $925K, Sundial #O406 2/2 listed at $1.675M.

2 closed sales: Captains Walk #A2 1/1 $250K, Blind Pass #C101 2/2 $350K.

HOMES

10 new listings: 249 Christofer Ct 3/2 $1.095M, Moonshadows #1A 3/3 $1.199M, 800 Beach Rd 3/2 $1.45M, 1286 Par View Dr 3/3 $1.495M, 5855 San-Cap Rd 3/2 $1.5M, 5095 Joewood Dr 3/3.5 $2.15M, 5729 Baltusrol Ct 3/4.5 $2.495M, 4724 Rue Belle Mer 3/3 $2.548M, 970 Victoria Cove 3/3.5 $2.65M, 628 Lighthouse Way 4/5.5 $5.1M.

26 price changes: 586 Boulder Dr 3/2 now $550K, 4560 Brainard Bayou Rd 3/2 now $749K, 1526 Wilton Ln 4/2 now $799K, 1410 Sand Castle Rd 2/2 now $819K, 1674 Bunting Ln 3/2 now $849K, 3362 Barra Cir 2/2 now $949K, 1155 Seagrape Ln 4/2 (multi-family) now $979K, 1018 S Yachtsman Dr 3/3 now $999K, 555 Piedmont Rd 3/2 now $1.05M, 1048 Fish Crow Dr 3/3 now $1.099M, 971 Main St 3/2 now $1,124,900; 1965 Roseate Ln 3/2 now $1.125M, 220 Palm Lake Dr 3/3 now $1,159,999; 604 Sea Oats Dr 4/3 now $1.189M, 5300 Umbrella Pool Rd 3/3 now $1.225M, 9439 Cotten Ct 3/4.5 now $1.349M, 748 Windlass Way 3/3 now $1.395M, 4353 Gulf Pines Dr 3/2.5 now $1.65M, 829 Pyrula Ave 3/3 now $1.665M, 2364 Wulfert Rd 4/4 now $1,694,500; 2402 Wulfert Rd 4/3.5 now $1.695M, 6407 Pine Ave 3/2 now $1.899M, 659 Anchor Dr 3/4.5 now $2.895M, 766 Sand Dollar Dr 4/4.5.5 now $3,099,999; 3611 West Gulf Dr 4/4.5 now $6.75M, 3577 West Gulf Dr 4/4.5.5 now $9.7M.

5 new sales: 1258 Sand Castle Rd 2/2 listed at $645K, 1677 Sabal Sands Rd 3/2 listed at $799,555;  920 Snowberry Ln 3/3.5 listed at $1.295M, 1044 Whisperwood Way 4/4.5 listed at $1.9M, 1083 Bird Ln 4/2.5 listed at $4.595M.

5 closed sales: 1950 Periwinkle Way (1/2 duplex) 3/2 $679,600; 3898 West Gulf Dr 3/2 $700K, 1052 Whisperwood Way 3/3 $1.95M, 837 Sand Dollar Dr 4/3.5 $2.9M, 5045 Joewood Dr 3/3 $3.45M.

LOTS

No new listings.

1 price change: 711/713 Cardium St now $549.9K.

1 new sale: 466 East Gulf Dr listed at $795K.

No closed sales.

CAPTIVA

CONDOS

1 new listing: Bayside Villas #5124 1/2 $399K.

1 price change: Lands End Village #1655 2/2 now $1,189,456.

No new or closed sales.

HOMES

1 new listing: 16813 Captiva Dr 3/3 $3.5M.

2 price changes: 15899 Captiva Dr 4/3 now $5.95M, 16500 Captiva Dr 6/6.5 now $7.895M.

1 new sale: 16632 Captiva Dr 5/4 listed at $6.25M.

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.

The good news is that the Sanibel and Captiva weather this week has been fabulous. That also resulted in more traffic, including on the shared use paths. With sunsets now not until after 6 p.m., the additional time to enjoy the sunshine, also brings more smiles. The islands need that!

Business & Reopening News

With the nice weather, it seems that restoration progress is speeding up. The islands need that too. Here are a few observations from this week:

Congress Jewelers – has been back in their former Periwinkle Place location for a few months but had their reopening ribbon-cutting yesterday. It has been positive to see more vehicles at Periwinkle Place as more businesses reopen there.

Doc Ford’s – on Sanibel has been a consistent dining favorite for years. I am giving them an extra shout-out this week as I think it is the first time I have been there three times in a five-day period. I easily enjoy their Southwestern Chicken Salad every visit, beginning back with it first was a weekly special when they were on Rabbit Rd. Yesterday, I met some long-time BIG ARTS Chorus pals there for a catch-up lunch. With the pandemic and hurricanes, and schedules often going in different directions, we are not all singing this winter, but it was special to share storm stories and reminisce about our singing gigs. Their upcoming event is a combined spring concert with the BIG ARTS Community Chorus and the Concert Band on Friday, Apr 4. Music includes Golden Oldies from the 1940’s through 1980’s with tickets already on sale.

Pine Cove – noticed today, another sign of progress is the new sign at their entrance.

Pointe Santo – began renting units Feb 1. They report that elevators are running in Bldgs A and E with the other buildings coming online soon. Their tennis/pickleball courts also are ready. Construction will be later this year on a new saltwater pool and spa, plus a poolside pavilion. Their new landscaping, shuffleboard, and BBQ areas also are expected to be done this year, while a new Association Office and kids programs are planned in 2026.

Sanibel Air & Electric – if like me, you were not able to get your AC to work after switching it out of heating mode, contact Sanibel Air & Electric. Their technicians said they often get calls because storm damage can take months to cause a problem. I got a new system after Ian and have it serviced through annual agreement, including just last month. This week when the air would not kick on, they found that the service disconnect box next to the compressor was filled with sand and rusty wires. If you have a similar need, try Sanibel Air and Electric. I have used and recommended them for decades. Always great service!

Sanibel Inn – welcomed their first guests back this week and I heard from some locals that their Tiki Bar also has reopened. During my drive-by today, I saw many workers adding new landscaping. That is a welcome sight on East Gulf Dr where Lindgren Blvd meets the beach.

Sundial Beach Resort & Spa – is advertising a limited-time offer for daycation passes (7 days a week) at two for one. Also, on Feb 1, the resort began renting units in their on-site program (nightly rentals). Some Sundial East owners enrolled in off-site programs have begun renting again too. Those have a weekly minimum. There are several ways to enjoy the resort including their newly-remodeled food and beverage offerings which are open to the public. Shima Japanese Steakhouse and Sushi Bar has been open for some time, while Captains Catch just opened yesterday (Feb 6). Turtle’s Tiki Bar on the beach also is open, while Beach Bites is expected to open Feb 13.

Sanibel & Captiva Islands Association of Realtors

Attendance was light at the Association of Realtors Caravan meeting yesterday. Traffic continues to be heavy, both coming on the island and on Periwinkle Way so perhaps that contributed as several attendees arrived late.

Most announcements were about new listings and price reductions. A new sale announced was off island. After the meeting, the Caravan of Open Houses itself was full – with a maximum is 15 properties. Those included 11 homes and two condos on Sanibel, plus two Captiva homes. The next Association meeting with Caravan is our monthly Membership Meeting on Thurs Feb 20.

This week, the Sanibel and Captiva Multiple Listing (MLS) hot sheets for residential property posted more new/back-on-market listings, and price changes – a total of 81, considerably more than the 57 reported last Friday, and surpassing even the whopping 70 reported the preceding week.

During the same seven days, nine new island sales were posted, all on Sanibel – four condos and five homes. Also since last Friday, four island closings were posted, two Sanibel condos and two Sanibel homes.

Though the islands have heavier traffic now, it looks like it could be a long time before the current inventory sells. Those buyers waiting for when the market is in their favor, should be purchasing now.

With commercial inventory, there were three new island listings this week. The former Lily & Co building at the corner of Tarpon Bay Rd and Island Inn Rd is on the market for $1.5M. Also, at 1551 Periwinkle Way, Traders building is for sale for $5.5M and Traders business for $1.2M.

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

Sanibel & Captiva Islands Multiple Listing Service Activity Jan 1 – Feb 7

Sanibel

CONDOS

13 new listings: Tennisplace #C31 2/1 $519K, Spanish Cay #E4 2/2 $595K, Blind Pass #C207 2/2.5 $599K, Lighthouse Point #216 2/2 $777K, Loggerhead Cay #583 2/2 $879.5K, Loggerhead Cay #362 2/2 $883K; Pointe Santo #E21 2/2 $1.05M, Sanctuary Golf Villages #1-2 3/3 $1.175M, Sundial #O205 2/2 $1.295M, Sundial #L402 3/2 $1.35M, Beachcomber #B302 2/2 $1.595M, Tamarind #B302 3/2 $2.389M, Sedgemoor #106 3/3.5 $5.4M.

9 price changes: Captains Walk #C6 1/1 now $225K, Sandpebble #2E 2/2 now $544K, Spanish Cay #E3 2/2 now $559K, Spanish Cay #D5 2/2 now $566K, Mariner Pointe #1083 2/2 now $569.9K, Donax Village #19 2/2 now $649K,  Sanibel Moorings #632 2/2 now $699K, Sanibel Sunset #102 3/2 now $1.35M, High Tide #B101 3/2 now $2.395M.

4 new sales: Sundial #F105 1/1 listed at $499K, Loggerhead Cay #162 2/2 listed at $899K, Heron at The Sanctuary #1-1A 3/2.5 listed at $949K, Seascape #302 3/3.5 listed at $1.499M.

2 closed sales: Captains Walk #F2 2/1.5 $280K, Pointe Santo #B25 2/2 $849K.

HOMES

21 new listings: 974 Greenwood Ct S 3/2,5 $775K, 551 Sea Oats Dr 3/2 $799,555; 2126 Egret Cir 3/2 $839K, 1684 Bunting Ln 2/2 $850K, 996 Greenwood Ct N (1/2 duplex) 3/3 $950K, 3941 Coquina Dr 3/2 $987.5K, 9490 Peaceful Dr 3/3 $995K, 3314 St Kilda Rd 3/2 $1.1M, 1056 S Yachtsman Dr 3/2 $1.199M,  920 Snowberry Ln 3/3.5 $1.295M, 727 Periwinkle Way 3/3 $1.475M, 335 East Gulf Dr 3/2 $1.495M, 933 Whelk Dr 3/2 $1.525M, 1172 Kittiwake Cir 5/3 $1,649,555; 6076 Castaways Ln 3/2 $1.78M, 6101 Starling Way 4/3.5 $1.795M, 706  Gopher Walk Way 3/4 $1,995,706; 6407 Pine Ave 3/2 $1.99M, 6010 White Heron Ln 3/2.5 $2.025M, 3615 West Gulf Dr 4/4.5 $13.9M.

1 back on market: 2319 Wulfert Rd 4/4.5 listed at $3.247M.

28 price changes: 690 Purdy Dr 3/2 now $550K, 1657 Atlanta Plaza Dr 3/2 now $734K, 1607 Sand Castle Rd 3/2.5 now $775K, 1046 Sand Castle Rd 2/2 now $799K, 1978 Roseate Ln 3/2 now $845.8K, 2441 Shop Rd 4/3,5 now $899K, 887 Casa Ybel Rd (multi-family) 5/3 now $945,500; 421 Lake Murex Cir 3/2 now $999K, 1406 Causey Ct 3/2.5 now $1.095M, 4400 Gulf Pines Dr 3/3 now $1.275M, 2276 Wulfert Rd 4/5.5 now $1.3M,  5243 Indian Ct 2/2 now $1.349M, 592 Sea Oats Dr 3/2 now $1.349M, 3285 Twin Lakes Ln 3/2.5 now $1.368M, 1002 Kings Crown Dr 3/2 now $1.395M, 811 Birdie View Pt 3/2.5 now $1.399M, 946 Whelk Dr 3/2.5 now $1.449M, 799 Birdie View 3/3 now $1.499M, 2525 Lands End Pl 4/3 now $1.575M, 203 Daniel Dr 3/3 now $1.595M, 4546 Waters Edge Ln 4/3 $1.699M, 829 Pyrula Ave 3/3 now $1.7M, 6440 Pine Ave 3/3.5.5 now $1,849M, 1607 Angel Dr 3/2.5 now $1.899M, 6407 Pine Ave 3/2 now $1.99M, 519 Kinzie Island Ct 4/3.5 now $2.449M, 762 Sand Dollar Dr 4/4.5.5 now $3.249M, 880 Limpet Dr 4/3.5 now $3.299M 1083 Bird Ln 4/2.5.5 now $4.9M.

5 new sales: 969 Fish Crow Rd 3/2 listed at $595K, 4372 Gulf Pines Dr 3/2 listed at $823K, 1154 Harbor Cottage Ct (1/2 duplex) 3/2 listed at $1.25M, 815 Birdie View Pt 3/3 listed at $1.699M, 589 Kinzie Island Ct 4/3.5 listed at $2.489M.

2 closed sales: 229 Daniel Dr 4/3 $1.375M, 6211 Starling Way 4/4.5 $3.475M.

LOTS

No new listings.

1 price change: 1755 Jewel Box Dr now $1.25M.

No new or closed sales.

CAPTIVA

CONDOS

1 new listing: Bayside Villas #4216 1/2 $579K.

No price changes, new, or closed sales.

HOMES

5 new listings: 11535 Laika Ln 4/2.5.5 $1.995M, 15200 Captiva Dr 3/2 $2.049M, 16309 Captiva Dr 6/4.5 $5.35M, 15899 Captiva Dr 4/3 $6.25M, 16777 Captiva Dr 6/6.5 $9.45M.

1 price change: 15161 Captiva Dr 4/4.5 now $6.295M.

No new or closed sales.

LOTS

1 new listing: 15819 Captiva Dr $12M.

No price changes, new, or closed sales.

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

Enjoy your weekend,

Susan Andrews, aka SanibelSusan

This probably is not the week to be boasting about Florida weather. Though we did not see freezing temperatures here, in many Florida Panhandle locations, not only were single-day and event snowfall records broken, but the state record also was broken. The system this week brought 8-9” of snow in Milton, FL. That more than doubles the 4” state record in 1954.

Here on Sanibel and Captiva, where we are used to balmy winters, anything under 60 degrees F can feel frigid. I chuckle about the comments received when wearing a jacket with flip flops. It’s the Sanibel way!

Yesterday, it was drizzly and didn’t get out of the 40’s, but it is warming up today with the sun out. Has already crept up to 60 but expected to be another cold morning tomorrow. (I haven’t seen any iguanas lately but got a kick of this image posted by Wink news.)

Starting Sunday, forecasters say it will be back into the 70’s right through next week. Hooray!

Sanibel & Captiva Islands Association of Realtors

The island Realtor Meeting yesterday was well attended and a full caravan (15 properties are allowed).

During announcements, members were asked to update their residential listings. A new Multiple Listing Service (MLS) field now is required and provides another search criteria. It identifies if a property is elevated (yes or no).

During the community discussion, I advised that the 2025 budget package for Sanibel Arms West is now posted with our listing, as well as details about the change in their on-site rental program condo commission (now 15.75%, which still is less than the traditional off-site programs at 20%).

After the meeting, 10 Sanibel homes, three Sanibel condos, and one Captiva condo were open for easy viewing. One condo was cancelled due to the weather.

The next Sanibel/Captiva Caravan meeting is Feb 6, but between now and then are the Florida Realtors Md-Winter Business Meetings in Orlando. I will be listening next Friday to their 14^th Real Estate Trends presentation when Florida Realtors Chief Economist Dr Brad O’Connor will share his insights into where Florida’s economy and the real estate market are heading over the coming year.

At SanibelSusan Realty

Again, this week, teammate Dave and I met with more owners considering selling. It is not fun describing how the market has sifted in favor of buyers, but they appreciate our honesty.

I also again heard from Realtors wondering if we are getting showings at our ground-level listings. It still seems that many properties are not getting showings whether they are elevated or not. It seems unanimous that round-levels particularly are not being shown. Hopefully that improves as the islands get busier.

It also was a pleasure to refer several owners to businesses that have provided good service to us and our clients through the years. Getting thank-you calls and messages from those colleagues after contacts are made are further signs of their professionalism.

This week, we acknowledge and appreciate relationships with Amanda Curran at Superior Title, Carol McCarley at Noack & Co CPA’s, Attorney Gus Simmons, Rob Pailes with SBL Vacation Rentals, and Patience Rodriguez with Select Vacation Properties.

I also should mention a couple of companies with accomplishments this week at my home. John Grey Painting has done work for me for years, but who knew they would have a crew working through the weekend (Fri, Sat, and Sun). Then midweek, during the chill, a duo from Sliderman quickly removed and serviced my sliders, so they now work smoothly!

Please let us know if you also have service providers/vendors that you are happy with. We often are asked for recommendations, update our hand-out list periodically, and are always looking for additions.

Restoration News

Though restoration progress sometimes seems slow, it is always positive to hear about and see changes.

At the 2^nd annual “State of the Islands” event this week hosted by the Chamber of Commerce and SCCF, it was announced that though the percentage of accommodations ready for occupancy still is low, it is expected to increase to 48% by April.

(Unfortunately, I also heard that one complex that has been open for many months, has only 30% of their available units booked now. Visitor traffic is way down.)

More new landscaping is going in at several complexes and new signage at others. Several are expected to reopen for rentals in Feb. while Sanibel Arms West hopes to partially open this weekend.

Beach renourishment also continues. It has been a steady stream of sand trucks on the East End and Middle Gulf Dr.

More Island Real Estate Scoop

Again, this week on Sanibel and Captiva, our MLS hot sheets included more new and back-on-market listings, and price changes, with a whopping 70 in total,

During the same seven days, there were seven new sales posted (five Sanibel condos and two homes).

Also, since last Friday, four island closings were recorded, three Sanibel homes, one on Captiva.

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

Sanibel & Captiva Islands Multiple Listing Service Activity Jan 17-24:

Sanibel

CONDOS

13 new listings: Sanibel Arms #A7 1/1 $420K, Tennisplace #B32 2/1 $449K, Captains Walk #D4 2/1 $469K, Spanish Cay #F7 1/1 $549K, Blind Pass #D201 2/2 $669.9K, Sanibel Arms West #L1 2/2 $749K, 2/2.5 $1.175M, Heron at The Sanctuary #1-2B 3/3.5 $1.275M, Nutmeg Village #309 2/2 $1.275M, Sanibel Surfside #111 2/2 $1.625M, Chelsea Place #2 4/4.5 $3.695M.

3 price changes: Sandalfoot #5B2 1/1 now $599K, Sanibel Moorings #1422 2/2 now $729K, Gulfside Place #108 2/2 now $1.599M.

5 new sales: Captains Walk #F2 2/1.5 listed at $315K, Captains Walk #A4 2/2 listed at $379K, Lighthouse Point #317 3/2 listed at $599K, Pointe Santo #B25 2/2 listed at $899K, Loggerhead Cay #142 2/2 listed at $987.5K.

No closed sales.

HOMES

21 new listings: 1651 Sand Castle Rd (1/2 duplex) 3/2.5 $715K, 455 Peachtree Rd 2/2 $855K, 9436 Sage Ct 3/2 $995K, 3362 Barra Cir 2/2 $999K, 555 Piedmont Rd 3/2 $1.075M, 1105 Sand Castle Rd 3/2 $1.095M, 284 Ferry Landing Dr 3/2.5 $1.095M, 4739 Rue Belle Mer 3/2.5 $1.150M, 1825 Middle Gulf Dr 3/2 $1.249M, 1154 Harbor Cottage Ct (1/2 duplex) 3/2 $1.25M, 1062 S Yachtsman Dr 4/3 $1.349M, 736 Durion Ct 3/3 $1.395M, 702 Pyrula Ave 3/2 $1.559M, 1250 Christofer Ct 4/3.5 $1.599M, 1441 Sand Castle Rd 3/2 $1.649M, 4353 Gulf Pines Dr 3/2.5 $1.75M, 6440 Pine Ave 3/3.5.5 $1.995M, 479 Lagoon Dr 3/3 $1.998M, 4166 Dingman Dr 4/4 $2.149M, 1543 San Carlos Bay Dr 5/4 $3.199M, 2319 Wulfert Rd 4/4.5 $3.247M.

1 back-on-market: 5243 Indian Ct 2/2 $1.689M.

22 price changes: 969 Fish Crow Rd 3/2 now $595K, 1806 Ibis Ln 3/2 now $699K, 1950 Periwinkle Way (1/2 duplex) 3/2 now $699.9K, 1636 Jamaica Dr 2/2 now $729K, 575 Hideaway Ct 3/2 now $849K, 235 Palm Lake Dr 2/2 now $874K, 1625 Serenity Ln 3/2 now $880K, 9003 Mockingbird Dr 5/4 $899.9K, 754-756 Donax St 4/2 now $995.5K, 1426 Sand Castle Rd 3/2 now $1,074,999; 1646 Middle Gulf Dr 3/3 now $1.149M, 3711 Agate Ct 3/2.5 now $1.394M, 592 Sea Oats Dr 3/2 now $1.399M, 1985 Wild Lime Dr 3/2 now $1.589M, 941 Pecten Ct 3/2 now $1.595M, 2450 Wulfert Rd 4/3 now $1.845M, 939 Beach Rd 4/3.5 now $1.95M, 1052 Whisperwood Way 3/3 now $2M, 2667 Coconut Dr 3/3 now $2.195M, 1044 Whisperwood Way 4/4.5 now $2.289M, 589 Kinzie Island Ct 4/3.5 now $2.489M, 1730 Jewel Box Dr 4/3 now $3.495M.

2 new sales: 485 Peachtree Rd 3/3 listed at $1.05M, 5045 Joewood Dr 3/3 listed at $3.995M.

3 closed sales: 812 Rabbit Rd 3/2 $625K, 746 Nerita St 4/2 $1.55M, 6153 Starling Way 3/2 $1.6M.

LOTS

1 new listing: 651 Donax St $569K.

1 price change: 2453 Wulfert Rd now $450K.

No new or closed sales.

CAPTIVA

CONDOS

3 new listings: Tennis Villas #3221 1/1 $414.5K, Bayside Villas #4112 1/2 $579K, Gulf Beach Villas #2121 3/3 $1.475M.

No price changes, new or closed sales.

HOMES

2 new listings: 11547 Laika Ln 4/4 $2.995M, 16950 Captiva Dr 7/7 $23M.

1 price change: 15155 Wiles Dr 3/2 now $2.249M.

No new sales.

1 closed sale: 11527 Wightman Ln 3/2 $910K.

LOTS

1 new listing: 16970 Captiva Dr $5.75M.

No price changes, new, or closed sales.

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

Enjoy your weekend & come to Sanibel & Captiva to get warm,

Susan Andrews aka SanibelSusan