In Evacuation Mode for Hurricane Irma


It’s SanibelSusan with an abbreviated real estate blog today. The barrier islands have been under a voluntary evacuation order since last night, mandatory since 9 a.m. today. SanibelSusan Realty is zipped up and today, the home front, so I’m hoping to be successful in my first iPad blog post.

With Hurricane Irma now trending further west, some scary storm surges are expected, so Lee County also has issued evacuation orders.

The City has moved their point of operations to Ft Myers. Emergency trash pick-ups have gone on all day, while door-to-door City staff and volunteers have ensured all residents know about the evacuation notice and curfew (10 p.m. to 5 a.m.). Island Water also issued a boil water notice, beginning at noon tomorrow (Sat).

So, I have just taken a spin around the exterior of my home. Took these photos, which I hope are not needed for an insurance claim. The good news is there is no boat on my dock to sink, that was the exercise in 2004 with Hurricane Charley.

The team and I wish safety for all. I am moving to Plan B at Dave & Lisa’s off-island in the morning, probably followed by all of us going to Plan C in the afternoon.

P.s. We did have a little real estate news this week, Congratulations to Dave for his sale of the commercial property at 2422 Periwinkle Way (formerly She Sells Seashells). Our other closing scheduled for today is delayed due to the storm, but we have two offers in the works, one our listing, the other our sale. It’s up to Irma how those play out.

So, happy Friday to all with special wishes for safety for all dealing with hurricanes past, present, and future.

Hope I have good news to report next week. Susan Andrews, aka SanibelSusan.

Sanibel/Captiva Scoop – Labor Day Weekend 2017


It’s SanibelSusan reporting that Sanibel & Captiva have pretty much dried out from the three days of rain experienced last weekend. My street was flooded until Monday afternoon.

Anchor rain

Local area schools and City offices were closed on Monday, due mostly to flooding in off-island areas.

But, by Tuesday through today, the weather has been sunny and mostly bright with any lingering showers inland. Reports too are that the shelling has been great!

Now we are all keeping a close eye on Hurricane Irma. The end of hurricane season can’t come soon enough for me, sure still seems like the end of Nov is a long way off.

 

SanibelSusan Realty Associates

Sanibelsusan LogoThis being what often is considered the “slowest week” of the year, it was good timing for the rain, yet a real surprise to get a showing request Sunday afternoon amid the downpours. It also was a real treat to work with a couple of sisters here for their first visit – who after just two days decided they needed to look at real estate. They were leaving the island midday Monday, unfazed by the showers, already fascinated with Sanibel, and even talking of moving here.

So much fun to work with prospects who know this is the place for them – appreciating the ambience, beaches, environmental conscience here. No offers yet, but the action posted in the Sanibel & Captiva Multiple Listing Service this week, follows a few news items below.

Sanibel & Captiva Islands Association of Realtors®

San Cap LogoNo Caravan meeting this week, but our Communications/Public Relations Committee met Tuesday morning and made plans to accelerate our Sept donation project so that we could help the victims of Hurricane Harvey. (The paragraphs below describe what we are doing and how you can help too.)

Tuesday midday, at a surprise luncheon at Casa Ybel Resort’s Thistle Lodge, our Association of Realtors® celebrated the retirement of our CEO Peggy Hummel who has been a steady stabilizing leader for our organization for many years. We hated to see her go, but appreciate that she left us in good hands. Best wishes, Peggy!

PeggyPeggy Party

NAR gray-logoRealtors® Helping Nationally The National Association of Realtors® in a broadcast email on Tues, asked members to support victims of Hurricane Harvey.

“Our hearts go out to the tens of thousands of families who have been displaced by catastrophic storms on the Texas coastline. Officials are calling Hurricane Harvey and the subsequent flooding a 500-year weather event, one of the most epic storms in our nation’s history.

“When disaster strikes, REALTORS® step up, whether that’s to deliver food, water, or other vital assistance or to donate money to those in need. That’s where the REALTORS® Relief Foundation comes in. Since its inception in 2001, the RRF has raised more than $25 million to provide mortgage and rental assistance to victims of more than 50 disasters, including wildfires, floods, hurricanes, and tornadoes. RRF is a 501(c)(3) charitable organization, with administrative costs covered by the National Association of REALTORS®. That means 100% of all donations go directly to victims of disaster.

“NAR is calling on the REALTOR® family to donate funds to the foundation to support storm victims in Texas. Martin Edwards, a REALTOR® from Tennessee, serves as president of the foundation board. Martin has said, “Harvey may require our REALTOR® family’s largest effort since Hurricane Katrina—or even 9/11. Hopefully, REALTORS® across America will heed the call to donate, as on-the-ground membership in Texas will be stretched beyond belief.”

“We are asking you to join us in this effort with your personal donation to the REALTORS® Relief Foundation. You can do so in less than one minute using your credit card on our secure online form. Or you can send a check payable to RRF to REALTORS® Relief Foundation, 430 N. Michigan Ave., Chicago, IL 60611. Write “RRF Contribution” in the memo line.

“Please send your donation today so your contribution can reach people who need it now. Our efforts both reflect and depend on the generosity of REALTORS®. Together, let’s continue to make a difference. Thank you.”

Florida Realtors logoRealtors® Helping at State Level & Here on Sanibel & Captiva Islands – Florida Realtors® is coordinating preparation of “totes for hope” and the Sanibel & Captiva Islands Association of Realtors® is part of that effort. We are collecting the following travel-sized items which will be individually packaged into Ziplock® bags – with one item in each bag.

Shipments to Houston begin today and will continue through next Friday, so please drop any donations off before Wed, Sept 6 at The Sanibel & Captiva Islands Association of Realtors® Office at 2353 Periwinkle Way, Suite 201 (located upstairs over Finnimore’s Cycle Shop, in the building behind Winds).Sanibel realtors logo

My hard-working always-willing-to-help Communication/Publications Committee members will work bagging them on Wed afternoon, after which the bags will travel to the Naples Board of Realtors® which is the drop-off point for our Southwest Florida District.

  • Adhesive Bandages
  • Safety Pins
  • Toothbrushes
  • Toothpaste
  • Dental Floss
  • Deodorant
  • Body wash
  • Hand sanitizer
  • Disposable Razors
  • Shaving Cream
  • Combs/Brushes
  • Small Bars of Soap/Body Wash
  • Cotton Swabs
  • Pocket Tissues
  • Lotion
  • Mouthwash
  • Lip Balm.

Flooded Homes Can Be Fixed But…

realtor.comThis timely article was posted by Realtor.com on Tuesday, Aug 29, 2017:

“As Hurricane Harvey moves off the coastline of Texas, it’s leaving massive flooding in its wake that has destroyed homes and businesses.

“Until the floodwaters recede, cleanup efforts are mostly on hold. But remediation companies say they’re ready to jump into action as soon as they’re able. In preparation for the undertaking, here are a few important items to share about repairing a flooded home, compiled by realtor.com®.

“Time is of the essence.

A home that has been flooded does not need to be torn down, but the water does need to be removed quickly. Truck-mounted vacuums with 2,000 horsepower and dehumidifiers can extract moisture from furniture, hardwood, tile, and Sheetrock. But Robyn Kent, a claims administrator at Dalworth Restoration in Euless, Texas, says the most important element is getting it cleaned up quickly: “Closer to the three- to five-day mark is when it becomes questionable, since by then, all the materials have become fragile.”

“Mold is the real issue.

“One of the biggest problems—especially in Houston in the summer—is going to be mold,” Tyler Drew, a Los Angeles real estate professional and investor, told realtor.com®. “The longer a house sits with water, the worse the mold infestation. Affected areas have to be removed, the wood and concrete treated with anti-mold agents, and all of this has to be done after the house is sealed, in order to prevent the infestation from spreading and sickening people.”

“Repair costs can escalate.

“Drying off a 2,000-square-foot house in normal conditions may cost more than $2,500, while in situations like Harvey is producing, the job scope expands quickly—and so will costs,” says Peter Duncanson, director of operations and safety with ServiceMaster Restore. Flood insurance may cover the cost of repairs, but it depends on what type of insurance the owner has. Standard homeowner’s insurance policies don’t typically cover flooding inside a home, and many in Houston don’t have flood insurance.”

Labor Day Weekend Closure

ding darling goose logoThe “Ding” Darling Visitor & Education Center will be closed on Monday, Sep 4, in observance of Labor Day.

Wildlife Drive and Tarpon Bay Explorers will remain open during usual operating hours.

Refuge and DDWS offices will also be closed on Monday.

Restaurant clip artRestaurant Vacation Closings 2017

Many have asked about what restaurants will be closed and when. Here is the summary posted on the Sanibel-Captiva Chamber of Commerce website:

Restaurant Vacation Closings 2017*

Restaurant                                                             Closing             Reopen

Bleu Rendez‐Vous French Bistro                       Sun, 8/27          Thu, 10/5

Blue Coyote Supper Club                                    Sun, 9/3            Tue, 10/3

Blue Giraffe Island Dining                                 Mon, 9/11         Sat, 9/16

Cheeburger Cheeburger                                     Mon, 8/28         Fri, 9/1

Cip’s Place                                                              Closed 9/4, then, 9/ 5‐10/1: No Lunch

Dairy Queen                                                          Mon, 9/11         Fri, 9/15

East End Deli                                                         Summer Hours 10 am‐2 pm

Gramma Dot’s                                                       Tues, 9/5          Thur, 9/28

Island Pizza Company                                         Wed, 9/6           **Wed, 9/27 estimated**

Joey’s Custard                                                        Sun, 9/10          Mon,10/2

Lighthouse Café (Sanibel)                                   Tues, 9/5          Sun, 9/10

Over Easy Café                                                       Mon, 9/11         Fri, 9/22

Rosie’s Café & Grill                                                Mon, 9/25         Fri, 10/6

Sanibel Sweet Shoppe                                           Closed Sat, Sun, Mon starting Sept

Schnapper Hots                                                      Mon, 8/21         Thurs 11/16 closing at 4 pm

Sweet Melissa’s                                                       Sun, 9/10          Tues, 10/3

The Clam Shack                                                      Mon, 9/11         Mon, 9/18

The Sandbar                                                            Mon, 8/22         Thur, 9/29

Traders                                                                     Sat, 9/2             Tues, 10/3

Traditions on the Beach                                        Closed 9/4

* Subject to change

30% of Luxury Deals Are ‘Suspicious’

CNBC_Logo_FlatInteresting article posted Wed at Realtor®Mag online this week, sourced to CNBC (Aug 24, 2017):

“A new watchdog program designed to monitor real estate deals involving shell companies has found that the buyers in 30% of high-end deals were linked to “suspicious activity,” the Treasury Department reported this week. Federal officials are now expanding the program, which aims to prevent money laundering by overseas buyers who use shell companies to mask their identities.

“The program, called the Financial Crimes Enforcement Network, focuses on major markets that attract a high volume of international buying activity, including New York, Miami, and Los Angeles. Officials this week added Honolulu to the list. The program is monitoring wire transfers of funds as well as cash deals.

““This could have a chilling effect,” Redfin chief economist Nela Richardson told CNBC. “That very high end of the market is the most vulnerable to these issues. If a lot of foreign buyers were parking their money in high-end real estate and that much of it is tainted, this rule will have an impact.”

“Under FinCEN, title insurance companies must determine the identities of shell company owners who are making cash real estate purchases at certain price points—usually more than $1 million. The Treasury Department then determines whether those shell companies have been flagged on lists of suspicious activity. FinCEN focuses on transactions worth more than $3 million in New York, $2 million in California and Hawaii, and $1 million in Florida, among other price points and locations.

““Through this advisory and other outreach to the private sector, FinCEN, [the real estate] industry, and law enforcement will be better positioned to protect the real estate markets from serving as a vehicle to launder illicit proceeds,” FinCEN acting director Jamal El-Hindi told CNBC.”

Sanibel & Captiva Islands Multiple Listing Service Activity August 25-September 1, 2017

sancap GO MLS logoSanibel

CONDOS

2 new listings: Sanibel Siesta #303 2/2 $529K, Pointe Santo #C42 2/2 $949K.

1 price change: Captains Walk #A8 2/2 now $358K.

4 new sales: Tarpon Beach #103 2/2 listed at $749K, Sundial East #O405 2/2 listed at $1.0995M, Sanddollar #A303 3/2 listed at $1.349M, Royale Tern #103 3/3.5 listed at $1.675M.

2 closed sales: Loggerhead Cay #371 2/2 $497K, Gulf Beach #102 2/2 $790K (our listing).

IMG_8429

Path from Gulf Beach

 

HOMES

4 new listings: 2539 Coconut Dr 2/2 $678K, 8995 Mockingbird Dr 3/3.5 $895K, 1396 Tahiti Dr 4/3 $898K, 2462 Wulfert Rd 4/4.5 $1.799M.

4 price changes: 5305 Umbrella Pool Rd 3/2 now $579K; 673 East Rocks 3/2 now $709,888; 2939 Wulfert Rd 5/5/2 now $1.495M; 1206 Bay Dr 4/4.5 now $3.674M.

6 new sales: 1550 Bunting Ln 2/2.5 listed at $644K, 1295 Par View Dr 3/2 listed at $675K, 474 Lake Murex Cir 3/2 listed at $689K, 732 Windlass Way 4/3.5 listed at $1.195M, 984 Oyster Ct 3/3.5 listed at $1.65M, 2379 Wulfert Rd 4/4.5 listed at $1.695M.

3 closed sales: 9113 Mockingbird Dr 3/3.5 $500K, 1237 Isabel Dr 5/6.5 $1.857M, 390 Old Trail Rd 4/4.5 $2M.

LOTS

1 new listing: 1800 Woodring Rd $2.825M.

2 price changes: 1912 Ibis Ln now $250K, 3013 Poinciana Cir now $259.9K.

No new sales.

1 closed sale: 2441 & 2453 Los Colony Rd $150K. 

Captiva

CONDOS

No new listings, price changes, or new sales.

1 closed sale: Tennis Villas #3117 1/1.5 $265K.

HOMES

1 new listing: 16525 Captiva Dr 3/3 $1.995M.

No price changes or new sales.

3 closed sales: 43 Oster Ct 2/2.5 $812.5K, 16979 Captiva Dr 7/6.5 $3.2M, 1119 Schefflera Ct 4/3.5 $4.3M.

LOTS

Nothing to report.

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

LaborDaySignIf you have any island real estate needs, SanibelSusan is working right through the holiday weekend.

Laboring on Labor Day is not really work, if it’s doing what you love!

Enjoy your weekend!

Susan Andrews, aka SanibelSusan

A Little Soggy Today in the Neighborhood


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

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

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

2017-08-12 bobcat

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

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

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

2017 Sanibel Gang at Awards Luncheon

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

 

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

2017 chief financial officer cropped

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

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

 

Here are a few fun facts about Florida Realtors®:

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

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

Sanibel & Captiva Islands Association of Realtors®

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

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

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

SanibelSusan Realty Associates

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

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

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

Sanibel Fresh

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

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

Call for Action

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

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

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

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

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

Sanibel

CONDOS

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

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

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

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

HOMES

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

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

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

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

LOTS

No new listings.

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

No new or closed sales.

Captiva

CONDOS

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

No price changes.

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

HOMES

No new listings or price changes.

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

No closed sales.

LOTS

Nothing to report.

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

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

Susan Andrews, aka SanibelSusan

Gearing Up for Florida Realtors


Here it is, the end of another quiet week on Sanibel Island. Local schools started up again yesterday so though the hot weather continues, the feeling is that summer is over.

2017-08-08 Lighthouse beach log

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

2017 Convention Logo.jpg

Next week are Florida Realtors® 101st Annual Convention/Trade Expo & Governance Meetings in Orlando. The convention schedule changed this year to encourage more attendance in the educational sessions by combining them into Wednesday and Thursday and pushing the Governance meetings into Friday, Saturday, and Sunday.

Though that shortens the number of days away for some, many of the leadership team will be there for six days. Thankfully today’s technology allows business to continue from any location and having a great team back at the office, ensures it.

Tuesday, SanibelSusan will be sitting on one of the Instructors’ Audition Panels. That is where about 40 state Professional Development Committee members will hear instructors hoping to be approved to teach Florida Realtors®-approved classes. Those trying out could be 1st time instructors or already-approved teachers wanting to expand their curriculum. It’s an all-day event, with four audition panels each hearing eight presentations. My panel will rate teachers for the Realtors Institute as well as some teaching sales contract basics, international real estate, pricing in a competitive market, and continuing education classes. I have served on these panels many times and it’s always a long, but fun and productive day.

Wednesday/Thursday I will serve as an Education Ambassador during some educational sessions. Then, when the state governance committees meet Friday, you will find me at the Legislative Think Tank, followed by the Resort/2nd Home Group.

On Saturday, the Professional Development Committee meets and our District Caucus from Southwest Florida shares their input from their various committee meetings in preparation for the upcoming Board of Directors Meeting.  Sunday morning I am honored to be one of the Sanibel & Captiva Association’s two voting members at the BOD meeting.

No convention is all work, so many Realtors® including me, also are looking forward to hearing the opening session speaker, Daymond John (of “SharkTank” fame) on “Branding & Entrepreneurial Strategies”. The closing session speaker is George Blankenship (former executive at Tesla, Apple, & The Gap) who will talk about “The Customer Experience”.

In between, there is an Awards Luncheon with performers from Cirque Dreams and a few events for PAC major investors, including a luncheon with speech by Jimmy Patronis, Florida’s new Chief Financial Officer. Did I mention the evening Tailgate Party and fun with Party on the Moon (American’s #1 Dance Band)?

Seriously, lots of work gets accomplished, the networking is terrific, and even though this annual event is always in the “off season”, our listings usually get an offer while I’m away. The SanibelSusan Team and I are hoping this year is no exception. Teammates David, Elise, and Lisa will be covering things on the island, while I will have all of my techno-gadgets with me.

Sanibel-Captiva Islands Association of Realtors

Sanibel realtors logoThough yesterday’s biweekly Caravan Meeting was well attended, there sure was not much announced. Our new listing at Captains Walk was the only property on the following Open House Caravan.

Our new listing at Spanish Cay was one of the few new listings announced and I also recognized Realtor® Anna Turner for selling our listing in Lake Murex that closed this week.

It also was a great opportunity to thank the Association’s generous and hard-working colleagues for their support in the many charitable projects our Communications and Public Relations Committee has spearheaded this summer. If you read the local papers or follow us on Facebook, you’ve probably seen our latest press release with photos.

The action posted this week in the Sanibel & Captiva Islands Multiple Listing Service is after a few news items below.

SCCF “Stormy Weather, Hurricanes, Waterspouts, & Lightning”

SCCF logoIf you are on-island next week, on August 14, SCCF’s Education Director Kristie Anders will explain how weather impacts Southwest Florida. Her “stormy weather, hurricanes, waterspouts, and lightning” presentation originally designed for Realtors® to help with hurricane preparation, has evolved into more about the science behind these storms. Be at SCCF’s Nature Center on Mon at 10 a.m. to hear her presentation.

Sanibel Communities for Clean Water (SCCW) Program

logo-v2As reported in the “Island Sun” this week, “Last month, the City of Sanibel officially launched a new interactive website created for the Sanibel Communities for Clean Water (SCCW) Program, established to educate island residents about water quality in their individual communities and provide science-based solutions to how to cost-effectively improve water quality.

“The idea of the SCCW program, which was based off the data gathered during the Sanibel Community Lakes Baseline Water Quality Study, was conceived by the City’s Natural Resources Department working in partnership with the SCCF Marine Lab. Five weeks ago, the website – www.sanibelcleanwater.org – went live.

“According to Dana Dettmar, the City’s Environmental Specialist who oversaw the development of the website, the Sanibel Community Lakes Baseline Water Quality Study was part of Phase 3 of the City’s Comprehensive Nutrient Management Plan (CNMP) to help identify nutrient hotspots o Sanibel.

“”The first two phases of the CNMP helped to point out gaps in the data that needed to be addressed,” said Dettmar. “One of the gaps that needed to be further explored was the surface water data of on-island freshwater lakes, ponds, and storm-water catchments.”

“On the website’s homepage, it explains that eutrophication – the excessive richness of nutrients in a lake or other body of water, frequently caused by runoff from the land – is both a local and global issue.

“”Your impact on the island’s water quality begins in your backyard,” the website states. “Activities like fertilizing your lawn adds excess nutrients, nitrogen and phosphorus, to storm-water runoff and groundwater. These nutrients can then enter lakes, ponds canals, the Sanibel Slough and the Gulf.”

“As excess nutrients accumulate in the ecosystem, they can cause an unnatural increase in nutrient concentrations. Excess nutrients stimulate the growth of algae and aquatic nuisance plants. As a result, water clarity is decreased, availability of oxygen to aquatic organisms is limited, and fish die in large numbers.

“Website users simply select their individual neighborhood, which then directs them to that community’s own page. Each of Sanibel’s 72 neighborhoods (with lakes, ponds, etc.) is ranked by the level of concern, with an accompanying data summary of information…. The page also offers recommended actions…. The Natural Resources Department is also planning to hold community lake management workshops this fall and winter to discuss the program and various… practices that can be implemented to improve water quality….”

4 Quick Fixes Sellers Should Avoid

House logic logoA few helpful tips in the “Daily Real Estate News” reported at Realtor®Mag on-line on August 2, 2017.

“It’s often a mad dash when sellers are working to get their home on the market or even to just clean up ahead of a showing. But some common cleanup tools can actually do more damage than many people realize. HouseLogic identified a few common products that can create big problems, so you can be the expert your clients need and help them protect their investments.

“1. Bleach is a common cure-all, but this caustic chemical can eat through the sealant on stone surfaces, discolor laminate and grout, fade enamel and acrylic tubs, dissolve linoleum, and corrode seals in a garbage disposal. While it does kill mold on nonporous surfaces, it can create a future feeding ground for mold on absorbent and porous materials, such as grout. Instead, advise clients to use water and vinegar or a commercial antifungal product for major cleanup jobs.

“2. It may seem obvious to note that glass cleaner is for glass, but many home owners use it for a multitude of surfaces. This can lead to what’s known as “black edge” on mirrors, where the liquid seeps beneath the reflective backing and lifts it. Instead, a lint-free microfiber cloth dampened with warm water does wonders to clean and protect mirrors in expensive installed items such as vanities and closet doors, as long as homeowners avoid the edges and dry immediately with a second cloth.

“3. Mulch offers a simple alternative to weeding, but it’s easy to overdo it. A layer thicker than 3” can suffocate plants and prevent water from reaching roots, so encourage homeowners to spread thoughtfully.

“4. Slow drains are an annoyance, but a busted pipe could derail your sale. Caution sellers against using drain cleaners that contain hydrochloric acid and sulfuric acid, which can erode plumbing. Even the old baking soda-and-vinegar medley can create cracks, as the chemical reaction causes a build-up of pressure. Old-fashioned “mechanical” methods—plungers, drain snakes, or a handy $2 gadget called the Zip-It—are safer and more effective, according to Consumer Reports.”

Sanibel & Captiva Islands Multiple Listing Service sancap GO MLS logoActivity August 4-11, 2017

Sanibel

CONDOS

5 new listings: Captains Walk #B2 1/1 $274K (our listing) photos below, Sanibel Arms West #G8 2/2 $499K, Sandpiper Beach #501 2/2 $695K, Lighthouse Point #327 3/2 $849K, Sanibel Moorings #1221 3/2.5 $1.195M.

No price changes:

1 new sale: Blind Pass #B105 2/2 listed at $464.9K.

No closed sales.

HOMES

2 new listings: 1327 Tahiti Dr 2/2 $634.5K, 1314 Par View Dr 3/2 $899K.

6 price changes: 9459 Begonia Ct ¾ now $639K, 1550 Bunting Ln 2/2.5 now $644K, 3784 Coquina Dr 3/3 now $649.9K, 1807 Buckthorn Ln 3/2 now $685K, 1672 Hibiscus 3/2 now $1,249,995, 1743 Venus Dr 4/3.5 now $1.675M.

4 new sales: 9113 Mockingbird Dr 3/3.5 listed at $599,999, 587 Sea Oats Dr 3/2 listed at $685K, 732 Windlass Way 4/3.5 listed at $1.195M, 750 Periwinkle Way 5/4 listed at $1.75M..

6 closed sales: 1212 Par View Dr 2/2 $515K, 376 Lake Murex Blvd 3/2 $525K, 1918 Ibis Ln 3/3 $610K, 625 Lake Murex Cir 3/2.5 $640K (our listing), 5056 Joewood Dr. 3/2 $718K, 6494 San-Cap Rd 3/2 $1.68M.

LOTS

1 new listing: 1340 Eagle Run $299K.

1 price change: 5251 Indian Ct now $744K.

No new sales & no closed sales.

Captiva

CONDOS

1 new listing: Marina Villas #601 2/2 $785K

No price changes.

1 new sale: Lands End Village #1614 3/3 listed at $2.575M. No closed sales.

HOMES

No new listings, price changes or new sales.

1 closed sale: 14980 Binder Dr 4/3 $1.05M.

LOTS.

Nothing to report.

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

Until next Friday, I hope you enjoy your weekend!

Susan Andrews, aka SanibelSusan

2017-08-07 beach nest

Yippee! New Listings at SanibelSusan Realty


Sunset2

Sanibel sunset courtesy of Jim Anderson at JMA Photography.

SanibelSusan here reporting another sunny Friday on Sanibel, though we sure had plenty of rain earlier in the week when Tropical Storm Emily passed over the islands. Since Wednesday afternoon, it’s been mostly bright and hot – finally true Florida summer weather. It sure seems like it flew by this year.

Beginning soon many local establishments will close temporarily for their annual deep-cleans, employee vacations, remodeling, etc. In the meantime, those here are enjoying meals out without a wait and very little traffic.

At SanibelSusan Realty

Sanibelsusan LogoA SanibelSusan Realty we were happy to receive a new listing this morning and another this afternoon. (My apologies for posting this blog so late today, but we must keep that new business coming.)

Following a couple of news items below is the action posted in the Sanibel & Captiva Multiple Listing Service since last Friday. One of our new listing made the summary, the other will be inputted tomorrow after photographs are taken.

Sanibel & Captiva Islands Association of Realtors®

This year, as part of the Association’s 2017 campaign – “Working Together to Make a Difference”, from May through November, the Communications and Public Relations Committee has spearheaded several projects to aid local charities. Participation has increased with each one.

Last Friday, our food-packing event for Meals of Hope was a great success. With a few last-minute donations to defray cost of food and supplies, 28,800 meals were packed in less than the expected two hours. Many thanks to all contributors and 90+ packing volunteers, including association Realtors® and business partners, their families, friends, and neighbors, and especially to my committee members for their support.

It was a great exercise in team building with a purpose – certainly an afternoon to remember. Press releases have been submitted and plenty of photos are posted on Facebook highlighting the event. Thanks to photographer Jim Anderson, JMA Photography, for providing proof that no one looks good in a hair net.

Yesterday, culminating our other July project, collecting items for Bedz for Kidz, program founder Realtor® Cynthia Shafer came to the island to pick up the many twin and crib sheets, and backpacks and small suitcases donated by Association members. Bedz for Kidz is well on its way to providing 3,000 beds for children that are moved by the local court system into safer homes. For 16+years, Cynthia and her husband John have spent their Saturdays delivering, installing, and equipping beds for these needy children and their families. They are an inspiration! Big thank you to all Association of Realtors® contributors. Below is a picture of some of us with the donations and Cynthia.

Bedz4Kidz08-03-17

Want to See the Largest Junonia?junonia shell

As reported in today’s “Island Sun”:

“…The world’s largest recorded junonia – a specimen measuring nearly 6” in length – calls the island home. ”Everybody who comes to Sanibel would love to find a junonia, or even see one,” said Larry Strange, owner of Sanibel Seashell Industries, who recently acquired the record-setting shell.

“According to the “Registry of World Record Size Shells”, the largest junonia ever recorded – a Scaphella junonia measuring 154.0 cm – was collected in the Gulf of Mexico by The Hansbys in 1972. That shell became part of a collection owned by a mollusk enthusiast in Jacksonville, FL.

“Strange, a marine biologist and retired educator, was contacted by the son of the junonia’s owner, who asked if he would be interested in purchasing his father’s massive shell collection.

“”I had read about his record junonia, and I asked (the son) if it was still part of the collection,” said Strange, who eventually purchased the museum-quality assortment. “His father got the shell from a fisherman working on a shrimp trawler, who obtain a lot of junonias because they’re out in waters 40 to 80 feet.”

“However, junonias are rather uncommon to find washed up on the shorelines of Sanibel, so they are highly revered by both amateur and serious shell enthusiasts.

“In the three weeks since the giant junonia has been on display at the family-run business, Strange noted that people are coming into the store just to see the record-setting shell. “People are walking in and ask just to see it, or take a photo with it,” he said, noting that the shell is encased under a glass dome inside the main display case of the store, located at 1544 Periwinkle Way….

“All are welcome to stop by Sanibel Shell Industries and see the world’s largest junonia in person. The business – which originally opened in 1942 – is open Monday through Saturday from 10 a.m. to 5 p.m. Call 472-1603 or visit www.seashells.com for more information.”

Sellers Net Highest Profit in a Decade

This headline caught my eye, posted online July 31, 3017 at “Realtor®Mag”:

attom logo“Home sellers in the 2nd quarter of this year sold their properties for an average $51,000 more than they paid for them when they bought them. That’s the highest price gain for sellers since the second quarter of 2007, when it was $57,000, according to a new report by real estate data form ATTOM Data Solutions. This represents an average return on investment of 26%.

“The sellers had owned their homes an average of eight years, which is the longest tenure of homeownership since the first quarter of 2000, when ATTOM Data Solutions began tracking such data. However, “potential home sellers in today’s market are caught in a Catch-22,” says Daren Blomquist, senior vice president at ATTOM Data Solutions. “While it’s the most profitable time to sell in a decade, it’s also extremely difficult to find another home to purchase, which is helping to keep homeowners in their homes longer before selling. And the market is becoming even more competitive, with the share of cash buyers in the second quarter increasing annually for the first time in four years.”

“Out of 118 metro areas with at least 1,000 homes sales in the second quarter, ATTOM Data Solutions found that these cities had the highest percentage of sales in which sellers got top dollar:

  • San Jose, Calif.: 75%
  • San Francisco: 65%
  • Seattle: 63%
  • Modesto, Calif.: 62%
  • Denver: 62%”

Sanibel & Captiva Islands Multiple Listing Service Activity July 28 – August 4, 2017

sancap GO MLS logoSanibel

CONDOS

5 new listings: Spanish Cay #A7 1/1 $299K (our listing) (photos below), Seashells #44 2/2 $339K, Sundial West #H409 1/1 $489K, Sundial West #G204 2/2 $699K, Bandy Beach #A101 3/2 $1.399M.

1 price change: Tarpon Beach #103 2/2 now $749K.

2 new sales: Blind Pass #F106 2/2 listed at $409K, Sand Pointe #113 2/2 listed at $719K.

5 closed sales: Mariner Pointe #1412 1/1 $325K, Shorewood #2D 3/2 $972.5K, Sanibel Seaview 3B2 3/3 $1.445M, High Tide #A102 3/2.5 $1.425M, High Tide #A302 3/2 $1.5M.

HOMES

1 new listing: 813 Rabbit Rd 2/2 $449K.

3 price changes: 673 East Rocks 3/2 now $729,888; 655 Anchor Dr 3/3 now $749K; 1656 Middle Gulf Dr 3/4 now $1.099M.

2 new sales: 3364 Twin Lakes Ln 3/2 listed at $699K, 931 S. Yachtsman Dr 4/3.5 listed at $870K.

2 closed sales: 9409 Moonlight Dr 3/2.5 $599K, 518 N. Yachtsman Dr 3/3 $1.248M.

LOTS

No new listings.

2 price changes: 1026 Fish Crow Rd now $395K, 5821 Pine Tree Dr now $556K.

No new sales.

3 closed sales: 540 East Lake Rd $162.5K, 9023 Mockingbird Dr $380K, 2479 Harbour Ln $485K.

Captiva

CONDOS

No new listings or price changes.

2 new sales: Tennis Villas #3118 1/1 listed at $255.5K, Beach Villas #2514 2/2 listed at $609K.

1 closed sale: Sunset Beach Villas #2325 2/2 $557K.

HOMES

Nothing to report.

LOTS

1 new listing: 956 Plantation Rd $2.195M.

No price changes, new, or closed sales.

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

Until next Friday, Susan Andrews, aka SanibelSusan

TweekedLowSunset

 

Realtors Packing Meals of Hope


meals_of_hope(1)It’s almost the end of another quiet week on Sanibel & Captiva Islands. The SanibelSusan Team and I are getting our Friday work done early today, so we can head over to the Community House to help the Meals of Hope volunteers set up for our Association of Realtors® afternoon food packing event.

At last count, the Sanibel & Captiva Islands Association of Realtors® has raised $6,000+ (enough for food/supplies to pack 28,000 meals) and will have at least 80 volunteers ready to pack from 3 to 5 p.m.

It will be fun to see how many we really can get done that quickly. Off to Harry Chapin Food Bank the meals go after that, where they are available to Southwest Florida food banks through the Feeding America Food Bank Network.

Sanibel & Captiva Islands Multiple Listing Service

Sanibel realtors logoNo sales were announced at yesterday’s Association of Realtors® bi-weekly Caravan Meeting and only two new listings (one home on Sanibel and one on Captiva) were open during the Caravan that followed.

Our listings had some action this week though, including another condo closing and one under contract. The action posted since last Friday in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below.

Online Home Value Estimates Are Not Appraisals

BradfordZillowCartoonWonder why your Realtor® tells you that a Zestimate of the value of your island property may be incorrect? First a little general info from NAR’s Economists’ Outlook blog on June 29, 2017 and reposted on “Daily Real Estate News” June 30:

“Homeowners who seek an estimate of their home’s value online often find that it doesn’t match the actual value… The Economists’ Outlook blog, which is run by the National Association of REALTORS®, recently offered tips from data scientist Karen Belita. She notes that Automated Valuation Models, or AVMs, are based on computer algorithms and calculations that “take different sets of property data and look for patterns and relationships between property value and the input data.” This allows web visitors to find a home value estimate easily and quickly by just searching an address.

“But these estimates should not be confused or used as a substitute for appraisals, Belita notes. Appraisals use comparative market analyses and in-depth expertise of real estate professionals to draw a conclusion on the value of the property. Another caveat with AVMs is that they fail to take into account the unique qualities of a home, neighborhood, or local market.

Zillow’s “Zestimate,” for example, is computed using public and user-submitted data with “different accuracy levels depending on the data of the property and location,” Belita writes. Another source is the REALTORS Property Resource®, which provides two home value estimates: one from their own AVM model and another from REALTORS® Valuation Model. RVM pulls from the same data as the AVM as well as MLS data, providing estimates of confidence scores based on its accuracy level.

“As technologies advance and more data becomes available, the number of sites that provide home value estimates may grow,” Belita writes. “With the knowledge of where to find home value estimates online, it is important to note that these home value estimates are not interchangeable with formal appraisals, comparative market analyses, and they cannot be used as a basis for a loan. Most of these sites, if not all, reiterate the importance of consulting the expertise of real estate professionals to receive an in-depth and in-person analysis of the property and the local market.””

On island, it goes without saying that most property cannot be valued using calculations that might apply in large area of residential tract housing where location and construction are basically the same. Here, the islands are so unique that the same home in different gulf and inland locations, sometimes less than a mile apart, also can differ in value not just a few dollars, but millions of dollars.

Many Multiple Listing Services sell their data as a revenue source. The Sanibel & Captiva Islands Multiple Listing Service does not. It neither gives nor sells its MLS data to Zillow or 3rd party sites, nor are the listings in the islands’ MLS sent to outside syndicated sites looking to make money.

Instead, the island MLS data is provided only to Realtors® performing under the umbrella of the Realtor® Code of Ethics. That includes sites: Realtor.com, our Association site SanibelRealtors.com, and individual member and company sites where our Association offers cooperation through Florida Realtors® IDX (Internet Data Exchange) like my site SanibelSusan.com.

So why, you may ask are your listing photos and data on Zillow. It’s because some island Realtors® and their clients want their properties to get broad exposure.

I do this by belonging to two MLS’s. I am a primary member of the Sanibel & Captiva Islands Association of Realtors® which requires that we post all of my listing on their MLS. I also hold a secondary membership at the Royal Palm Coast Realtor® Association which services other areas in Southwest Florida. This secondary membership allows me to also post my listings on the Florida Gulf Coast MLS. The Florida Gulf Coast MLS syndicates their listings to many 3rd part real estate search sites, including Zillow.

Does that mean that all Sanibel/Captiva listings are on Zillow? No, but you will find SanibelSusan listings there.

So, when various websites offer to tell you the value of your property, take it with a grain of salt. I have never and I mean never, seen an island Zillow that was not inflated.

A real estimate of value or what a property likely is worth at a point in time is best done by a licensed real estate appraiser or by a market analysis prepared by a licensed Realtor®.

If you want to know the real value of your property, it should be based on recent actual sale prices of ALL comparable properties (not just those in a particular database).

It should not be based on asking prices of what is for sale, not what sold a year ago, and not what a property like yours may be worth in another location.

The person that can perform this evaluation is someone who knows the value of real estate here and not just some of the prices for some sales, but all of them.

Mortgage Rates Fall Again – 2nd Straight Week

Florida Realtors logoFloridaRealtors® posted the following Associated Press article yesterday, July 27, 2017:

associated-press-logo“Long-term U.S. mortgage rates fell this week for the second week in a row, despite the Federal Reserve’s efforts to lift borrowing costs.

“Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate mortgages slid to 3.92% from 3.96% the previous week. While historically low, that is still above last year’s average of 3.65%

“The rate on 15-year, fixed-rate home loans, popular with homeowners who are refinancing their mortgages, eased to 3.2% from 3.23% last week.

“Mortgage rates haven’t increased much even though the Federal Reserve has boosted its benchmark rate four times in the past 18 months. That’s because mortgage rates follow the yield on the 10-year Treasury note, which is influenced by many factors. Greater demand by overseas investors can lower the yield.

To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week. The average doesn’t include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1% of the loan amount.”

Sanibel & Captiva Islands Multiple Listing Service Activity July 21-28, 2017

sancap GO MLS logoSanibel

CONDOS

1 new listing: Gulfside Place #222 2/2 $1.245M.

No price changes.

1 new sale: Gulf Beach #102 2/2 listed at $799K (our listing).

Beach

In front of Gulf Beach

 

4 closed sales: Captains Walk #A1 2/1 $325K, Lighthouse Point #129 3/2 $550K (our listing), Sanibel Surfside #223 2/2 $730K, By-The-Sea #C302 2/2 $1.175M.

HOMES

1 new listing: 1938 Roseate Ln 3/2 $549K.

4 price changes: 1940 Periwinkle Way 3/2 half-duplex now $494K, 1040 Sand Castle Rd 3/2 now $589K, 545 Piedmont Rd 3/2 now $595.9K, 9113 Mockingbird Dr 3/3.5 now $599,999.

2 new sales: 519 Lagoon Dr 4/2 listed at $849K, 1137 Golden Olive Ct 5/3.5 listed at $1.7945M.

4 closed sales: 1036 S Yachtsman Dr 3/3 $595K, 1809 Bowmans Beach Rd 3/2 $750K, 1032 Lindgren Blvd 3/2.5 $799.9K, 3402 West Gulf Dr 3/2 $1.3M.

LOTS

1 new listing: 461 Lake Murex Cir $349K.

1 price change: 1299 Par View Dr now $241.5K.

1 new sale: 5148 Sea Bell Rd listed at $199K.

No closed sales.

Captiva

CONDOS

No new listings, price changes, or new sales.

1 closed sale: Tennis Villas #3127 1/1 $237,250.

HOMES

1 new listing: 11531 Paige Ct 3/3.5 $3.59M.

No price changes.

1 new sale: 43 Oster Ct 2/2.5 listed at $819K.

No closed sales.

LOTS

Nothing to report.

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

friday-yay.jpgUntil next Friday,

Susan Andrews aka SanibelSusan

Happy Friday at The SanibelSusan Team


Another Friday report from SanibelSusan and team. Funny weather here this week – still summerlike, warm and humid, but two mostly-overcast days in a row now, rather than bright sunny days with occasional afternoon or evening showers.

meals of hope logoNext Friday at the Sanibel Community House is the Meals-of-Hope food-packaging event that the Sanibel and Captiva Islands Association of Realtors® is sponsoring and my committee is ringleading. I am happy to report that we have met both of our goals: 1) to raise more than $5,000 to pay for the food/supplies, and 2) to line up at least 50 volunteers to help in the packing. If any of you are here and want to help, just let us know in advance so that we have a task lined up for you. It will be from 3 to 5 p.m. on July 28. Our goal then is to pack 20,000 meals during the two hours.

Below are a couple of news items, followed by the action posted since last Friday in the islands’ Multiple Listing Service. Not much action this week, but The SanibelSusan Team has good representation! Woohoo!

Other Dates to Remember

Noahs-Ark-2August 4, Friday – Noah’s Ark Annual Bag Day from 9 to 11 a.m. Fit as much as you can in an bag purchased in the parking lot for $4. Any items that don’t fit in the bag are 80% off. After August 4, the Ark is closed for cleaning and repairs. It reopens October 3 on Tuesdays and Fridays from 9 a.m. to noon. In November, full schedule resumes (weekdays and the 1st Saturday of each month from 9 a.m. to noon. Donations are accepted beginning September 1. More info at www.saintmichaels-sanibel.org.

ding darling goose logoUntil August 28 – Seniors age 62 and older can purchase a lifetime pass “America the Beautiful – The National Parks and Federal Recreational Lands Senior” for $10 at the “Ding” Darling Nature Store when the price increases to $80. The pass allows free lifetime admission to most national wildlife refuges, including “Ding’ Darling, plus national parks and monuments, and more than 2,000 sites manages by federal agencies. This is the 1st senior pass price increase since 1994.

Homeowners Association Restrictions Have an Expiration Date

henderson-franklinA good article was posted on-line June 28, 2017 by Amanda Barritt, with Henderson Franklin Attorneys at Law.

“With the turnover of volunteer homeowner’s association (“HOA”) board members over time, it is not surprising that certain important long-term issues may be overlooked. There is one very important law, however, which board members may not be aware of that can eliminate an HOA’s ability to enforce its restrictions.

“I am often contacted by an HOA board at the last minute before their restrictions “expire” under this law and even sometimes after they expire. Below is a breakdown of the two different processes an HOA must follow to preserve the restrictions before they expire or, if the deadline has been missed, to revitalize the restrictions.

What is the law and why? The Marketable Records Title Act (“MRTA”) is a Florida law designed to eliminate “stale” recorded claims that affect the title to real property, such as old recorded leases for which the beneficiaries have long departed or dissolved. Without MRTA, these documents still have to be shown on title commitments and policies even though may have long since become irrelevant and unused. Unfortunately, there isn’t an exemption to save old (and still active) association covenants unless the affirmative steps are taken to preserve them.

What does it mean to HOA’s? The simplified explanation is that the recorded covenants governing a community must be preserved before the end of a 30-year period beginning on the date they were recorded. The Florida statute lays out the process that an association must go through to preserve the effectiveness of the recorded covenants if the 30 years has not yet expired. The preservation process will mean that the covenants are effective under MRTA for another 30 years. HOA’s must still look at the Declaration to determine if the covenants expire under their own terms at another date without an automatic renewal.

“Merely amending or restating the covenants does not restart the 30-year clock. The statutory process must be followed. For preservation, the Statement of Marketable Title Action provided in Section 712.06, Florida Statutes must be sent to all homeowners seven (7) days in advance of the board meeting to consider preserving the covenants. The Board must approve the preservation by at least 2/3 vote of the Board, and then a Notice of Marketable Title Action is recorded in the public records.

What if an HOA misses the 30-year deadline? “Revitalization” is required to reinstate the recorded covenants for another 30 years. The revitalization process that applies to HOA’s is found in the Homeowners’ Association Act (ch. 720, Florida Statutes).

Revitalization Process: In order to revitalize, a majority of the owners of the affected property must approve of the revitalization. The process also includes:

  • Forming an “Organizing Committee” to prepare the proposed revitalized documents.
  • Providing notice to all homeowners that includes the HOA documents (as well as the current articles of incorporation and bylaws), a graphic depiction of the property (often a copy of the plat, if applicable), and the form of written consent for them to sign to approve the revitalization (unless the HOA is holding a vote at a meeting).
  • Submitting the approved documents, the consents, and other documentation verifying that the proper process was followed to the Florida Department of Economic Opportunity (“FDEO”) for approval.
  • Upon approval by the FDEO, the revitalized Declaration, the current Articles, Bylaws, and affected property owners and property list are recorded.

Bottom Line: It is important to note that the expiration date under MRTA applies regardless of whether an HOA’s Declaration of Restrictions contains its own expiration date. Both the MRTA deadline and the Declaration’s own expiration provisions must be addressed by all HOA’s. The process may be daunting for some Boards, but a successful revitalization or preservation is possible with some diligence. If you have any questions or concerns regarding how MRTA applies to your HOA, please feel free to contact me at amanda.barritt@henlaw.com or by phone at 239-344-1108.”

Green Sea Turtles On Sanibel

GREEN-SEA-TURTLE-900The first green sea turtle was tagged on June 5, on the west end, just east of Bowman’s Beach. Since then four more have been tagged here making the Green Sea Turtle in Southwest Florida program a huge success for the first year.

Conservancy of SW FL logo.pngThe Sanibel-Captiva Conservation Foundation (SCCF) partnered with the Conservancy of Southwest Florida this year to tag green sea turtles. As of last week, two green sea turtles were tagged with satellite trackers on Keewaydin Island and five on Sanibel.

SCCF logoSCCF has a nighttime tagging crew monitoring the beaches seven days week to tag loggerhead turtles with flipper and pit tags, and taking measurements. So far this year, the crew has encountered 202 loggerheads, while 20 green sea turtles have been reported on the island. Green sea turtles nest biannually.

In addition to looking different, these two turtles have different nesting characteristics. Green sea turtles use symmetric movements while crawling on the beach, while loggerheads crawl like babies. Green sea turtles also have a tail drag because their tails are a bit longer. The green sea turtle also spends a long time covering their nest to camouflage it from predators. Two of the five green sea turtles were found nesting at 5 a.m. Green sea turtles lay a clutch of about 136 eggs, while loggerheads lay an average of 110 eggs. Follow the green sea turtles that have been tagged on www.movebank.org.

To help protect sea turtles, please:

  • Hunker down when spotting a sea turtle on the beach, especially when seeing a green sea turtle. If it sees a human near them, it is enough to scare them back into the water.
  • Turn lights completely off near and on the beach, or place an approved red filter over the light. Sea turtles are not attracted to the long wave length of red lights.
  • Make sure beaches are clean and flat. Flatten sand castles, fill in holes, and remove beach furniture from the beach at night.
  • If you see a sea turtle nesting, do not approach it, but rather watch from a distance and hunker down.

Sanibel & Captiva Islands Multiple Listing Service Activity July 14-21, 2017

sancap GO MLS logoSanibel

CONDOS

2 new listings: Pointe Santo #B2 2/2 $825K, Tamarind #B202 2/2.5 $1.749M.

1 price change: Snug Harbor #312 3/2 now $669K.

1 new sale: Blind Pass #B105 2/2 listed at $464.9K.

1 closed sale: Spanish Cay #D1 2/2 $360K (our listing & sale).

HOMES

1 new listing: 1035 S. Yachtsman Dr 5/4.5 $1.149M.

6 price changes: 1717 Sand Pebble Way 3/2 now $649K; 1710 Sand Pebble Way 3/2 now $669K; 673 East Rocks Dr 3/2 now $733,888; 225 Daniel Dr 3/2.5 now $749K, 765 Conch Ct 5075 5/4 now $899K, 5075 Joewood Dr 4/4.5 now $3.45M.

1 new sale: 625 Lake Murex Cir 3/2.5 listed at $699K (our listing).

No closed sales.

LOTS

No new listings.

1 price change: 0 Island Inn Rd now $995,555.

1 new sale: 2501 Wulfert Rd listed at $183.9K.

No closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

No new listings.

1 price change: 16447 Captiva Dr 6/5/2 now $3.699M.

No new sales.

1 closed sale: 4 Sunset Captiva Ln 3/2.5 $2.345M.

LOTS

Nothing to report.

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

Here’s hoping your summer is happy too! Next Friday’s update will be posted earlier in the day! Happy weekend!

Susan Andrews, aka SanibelSusan

Causeway 07-15-17

 

Check Out These Sanibel Beach Pictures


It’s Susan reporting another week of nice Sanibel summer weather. The island has been a little quieter following the departure of holiday visitors, but there are still plenty of vacationers enjoying the islands.

Sunday night, I had dinner with friends at the new Doc Ford’s and was surprised to find a wait from as early as 6 p.m. right through closing time. It’s a popular place and worth the wait. These friends also shared some of their vacation photos – fine examples of the great weather, sparkling gulf, and how empty the beach was this week at Chateau Sur Mer. Thanks, Pia.

Chateau 1 07-17Chateau 2 07-17Chateau 3 07-17Chateau 4 07-17Chateau 5 07-17Chateau 6-07-17Chateau 7 07-17chateau 8 07-17

Yesterday was the July Membership Breakfast Meeting at the islands Association of Realtors®. Very little real estate activity was announced, but the speakers were excellent. Affiliate members, David Arter (Private Client Insurance Services), Chris Heidrick (Heidrick & Co. Insurance), and Mike Gadaleta (BB&T Oswald Trippe & Co.) updated members on insurance issues. Below is some info from David Arter’s handout on Wind Insurance.

Following some other news items is a summary of the action posted in the Sanibel/Captiva Multiple Listing Service since last Friday.

Wind Insurance & More

There are three types of providers for wind insurance here:

  1. Admitted Markets – these are the insurance providers licensed & approved by the State of Florida. Several carriers write wind insurance on Sanibel & Captiva.
  2. Citizens – this is the admitted carrier that is operated by the State of Florida.
  3. Surplus Lines (or Non-Admitted Carriers) – these must be access through a broker, no standardized forms are required (meaning they do not need to comply with state requirements), and there is no minimum earned premium.

What is Citizens? – Citizens Property Insurance can insure residential dwellings to a maximum value of $699,999 (per Florida Senate bill 1770). Policies could be subject to a “surcharge” (of up to 45%) if Citizens sustains a deficit as a result of a hurricane or other reason. They have strict underwriting and administrative guidelines, limited endorsement availability, and a depopulation program. Originally designed as the “Carrier of Last Resort’, Citizens was the largest property insurance carrier in Florida. Recently, it has gone from 1.1 million policies to under 450,000 personal residential policies.

Wind Mitigation Inspections – The Wind Mitigation Inspection form used today was revised in 2012. It contains such information as the age of the roof, the roof deck attachment, wall attachment, geometry or shape, secondary water resistance, and opening protection (shutters, hurricane glass, etc.). A wind mitigation inspection is recommended even on an older property, if was permitted before 2001, but the roof meets 2001 Florida Building Code (meaning a new roof was permitted after 3/2/2002) – or if a roof permitted before 2001 Code has hurricane wraps or clips (3 nails required), has Level B or C Roof Deck Attachment, and/or Level A Opening Protection.

Helpful Tips When Looking for Insurance Coverage

  • To get insurance credits or a better price, get a Wind Mitigation Inspection done, even on homes built before 2002.
  • For homes 30 or more years old also get a 4-Point Inspection. This inspection covers the roof, plumbing, electrical, and air conditioning systems. From this inspection, insurance agents can determine if the property is eligible for coverage by different providers. Many require that a roof have a remaining useful life of at least five years. Polybutylene plumbing also is a problem for virtually all carriers. Electrical Fuse panels and Federal Pacific Panels are generally unacceptable by most carriers. (Some also restrict Zinsco and Challenger panels.)
  • For flood insurance, a copy of the current policy helps as does an Elevation Certificate (prepared by surveyor).
  • When buying a property, providing the insurance agent with a copy of the MLS information helps too. They use that and county public records to provide estimates.
  • Establish the closing date and bind polices early. Insurance agents are often balancing between available markets, zip code openings/closings, and storms. During Hurricane Season, carriers can stop writing policies at a moment’s notice. A storm threat usually means companies will stop writing policies until the storm passes. A signed application and payment are needed to bind a policy.

Sanibel Planning Commission Reaffirms Position on Retail Stores

Good summary about this week’s Planning Commission meeting at the “Santiva-Chronicle” on-line.

“The Sanibel Planning Commission reaffirmed its stance on formula retail, or chain, stories in a unanimous 6-0 vote at City Hall Tuesday, July 11, and also was in agreement that the city needs to keep a close eye on the changing face of retail business. With no public hearings on its agenda, the Planning Commission spent just over 90 minutes discussing formula retail, after which it voted to stick with the recommendations it unanimously passed at its June 13 session. The commission will vote on approving a resolution at its Aug. 4 meeting that will forward four recommendations to the City Council for its consideration as either amendments to the Land Development Code or action items. They are:

“1. Adjust the current review trigger that requires additional review and approval by City Council from 50,000 square feet to 60,000 whenever a new formula retail stores is permitted in excess of this total amount of commercial floor area representing all formula retail stores within the City Commercial District;

“2. Amend the current definition of Formula Retail Stores so that it does not apply to retail businesses with fewer than three existing stores;

“3. Develop and post on the city’s website mysanibel.com an instructional guide with the necessary steps for starting any permitted business on Sanibel;

“4. Request that the city examine the future economic development of its Commercial District to ensure that it maintains an appropriate mix and variety of uses.

“The commission discussed all the points Tuesday with several commissioners stressing that the nature of the retail business is going through changes. ““The idea that a mom-and-pop business is going to succeed is changing,” Commissioner Chuck Ketteman said, referring to consolidation into large chains and the effect of the Internet. “Our focus might become what kind of formula retail business it will be rather than just on how much of it we have,” he said.

“Chairman Dr. Phillip Marks agreed, noting the effect of an Internet service like Amazon Prime that delivers quickly with free shipping. “We may have to change our focus when it comes to new businesses,” Marks said.

“The commission also looked at ways to help new businesses, whether formula retail or not, to follow the proper procedure for opening. That, the commission agreed, should include brief questions on the business tax receipt that would identify potential formula retail conflicts both for new businesses and existing ones who may have become formula retail after opening here.

“Presently City Council and Planning Commission must approve a formula retail application because the 50,000-square feet trigger plateau has been surpassed. Both boards approved applications for a pair of Periwinkle Place businesses, Fanta Sea and Everything But Water, in the past 15 months. It was those two applications that prompted City Council to ask for a potential overhaul of its formula retail procedures.

“Commissioner Karen Storjohann noted that Fanta Sea was open for two years before it came before the Planning Commission. She and Vice Chairman Holly Smith have been vocal about updating forms to both help businesses comply and to track violators like Fanta Sea was.“We need to assure that people are getting the right information on the front end,” Smith said. Ric Base, president of the Sanibel and Captiva Islands Chamber of Commerce, said the chamber is often a first contact point for prospective new businesses. “We would like to have something to hand to people. It shows that we are all on the same page,” Base said. He agreed with Ketteman and Marks that the landscape is changing for the retail industry. “We will see huge changes in the how retail operates in the next five years,” Base said.

“The Land Development Code Subcommittee, which consists of the entire Planning Commission, will meet in September. Ketteman said two points that might be addressed at that time are the guidelines for swimming pools and decks and the guidelines for vegetation buffers. The commission has approved several decks and pools in recent years upon reasonable requests from property owners. If the code were rewritten, approval could come from the Planning Department without commission involvement.

“The design of the vegetation buffer was the main sticking point at the recent hearing at which Mud Bugs Cajun Restaurant was approved on a narrow 4-3 vote. More flexibility in the Land Development Code regarding vegetation buffers deserves consideration, Ketteman said.”

Sanibel Surveys News

Bean, Whitaker, Lutz & Kareh, Inc., a local Surveying and Civil Engineering firm based in Fort Myers since 1987, has announced that they have acquired Sanibel Surveys. Andy Johnson, owner of Sanibel Surveys since 2005, will be appointed senior project manager and will continue providing professional surveying services on Sanibel Island as well as Captiva, Fort Myers Beach, Bonita Beach and throughout Lee County. Mr. Johnson is a survey graduate of New Mexico State University and has been involved in the survey profession for over 20 years. 

Air in Green Homes May Be A Health Risk

This article caught my eye on REALTOR®Mag on-line on June 27, 2017:

“Energy-efficient homes built too tightly have building experts warning about the potential health impact on owners. A home sealed efficiently can be great for reducing heating and cooling costs and managing its environmental impact. But the home itself still needs to breathe, some experts warn.

““Many homeowners are now having trouble with their more tightly built houses because the homes lack the ventilation necessary to get the stale inside air to the outside of the house and bring fresh air inside,” Remodeling writes.

“Bryan Henson, president of Allen Construction in Santa Barbara, Calif., says a house that’s sealed up completely would become a toxic environment to humans.The World Health Organization estimates that 4.3 million people worldwide die each year from indoor air pollution. Cases of asthma are on the rise, and asthma can be triggered by indoor contaminants such as mold, dust, and dander.

“More homeowners are questioning their indoor air quality and its impact on their health, sparking a growing interest in the “healthy home” concept. Healthy home systems tend to focus greatly on indoor air quality by providing filtered fresh air into the home.

“For healthier air, homeowners need to consider their home’s air flow. In some homes, the air may be pushed down through the attic into the home or come out from a crawlspace through the living area and out the attic. The problem with crawlspaces, building experts note, is that they often contain moisture, soil gases, and even rodents and their droppings. Indoor air space needs to be properly sealed off from the crawlspace and attic, and older homes may need more sealing off because of their older toxicity, such as lead paint, says Henson.

“To help gauge how healthy a home is and find areas worth improvement, homeowners can take a quiz made by Hayward Healthy HomeThe Pharos Project lists different products and includes their chemical ingredients and potential hazards to homeowners’ health. More resources for improving a home’s health and indoor quality include The Healthy Building Network, the Environmental Protection Agency, and the Indoor Air Quality Association.”

Sanibel & Captiva Islands Multiple Listing Service Activity July 7-14, 2017

Sanibel

CONDOS

1 new listing: Moonshadows #2C 3/3 $1.775M.

1 price change: Blind Pass #D105 2/2 now $419K.

4 new sales: Loggerhead Cay #371 2/2 listed at $529K, Sanibel Surfside #223 2/2 listed at $778K, Shorewood #2D 3/2 listed at $999K, High Tide #A102 3/2.5 listed at $1.495M.

1 closed sale: Loggerhead Cay #592 2/2 $602K.

HOMES

3 new listings: 1846 Ardsley Way 2/2 $629K, 474 Lake Murex Cir 3/2 $689K, 2489 Harbour Ln 3/2 $699.9K.

4 price changes: 9113 Mockingbird Dr 3/3.5 now $639,999; 732 Windlass Way 4/3.5 now $1.195M; 1206 Bay Dr 4/4.5 now $3.699M; 1304 Seaspray Ln 3/2.5 now $4.395M.

6 new sales: 2150 Egret Cir 3/2 listed at $524.9K, 9455 Beverly Ln 2/2 listed at $546K, 376 Lake Murex Blvd 3/2 listed at $569K, 981 Main St 4/2.5 listed at $689K, 655 Anchor Dr 3/3 listed at $789K, 390 Old Trail Rd 4/4.5 listed at $2.195M.

5 closed sales: 4452 Gulf Pines Dr 3/2 $515K, 1426 Sand Castle Rd 3/2 $590K, 1234 Middle Gulf Dr 3/3 $1.075M, 408 Bella Vista Way 4/4 $1.35M, 3577 West Gulf Dr 4/4/2 $7.2M.

LOTS

No new listings.

2 price changes: 9441 Peaceful Dr now $249K (our listing), 1311 Par View Dr now $274K.

Image 3 c.jpg

Aerial of 9441 Peaceful Drive in Gumbo Limbo, backing to conservation land.

 

1 new sale: 6159 Starling Way listed at $639K.

1 closed sale: 2529 Wulfert Rd $230K.

Captiva

CONDOS

No new listings.

1 price change: Beach Villas #2617 1/1 now $495K.

1 new sale: Bayside Villas #4118 1/2 listed at $375K.

2 closed sales: Bayside Villas #4102 1/2 $320K, Sunset Beach Villas #2318 2/2 $590K.

HOMES & LOTS

Nothing to report.

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

Until next Friday, here’s one more fun picture from Pia. Pelicans love special perches.

Chateau pelicans 07-17

Happy weekend! Susan Andrews, aka SanibelSusan

Winding Up Independence Day Week 2017


It’s another quiet week on Sanibel and Captiva Islands. At least pretty quiet in the real estate business.

2017 lighthouse decorated

Plenty of families were here over the holiday enjoying the festivities. The Independence Day Parade again was well attended. This year, there were several special music entries including the Sanibel-Captiva Conservation Foundation who headlined the parade, celebrating their 50th anniversary. Their upbeat band was terrific as was the more traditional patriotic-song playing BIG ARTS Community Band.

2017 parade start

The color guard with bagpipes kick off the parade.

 

2017 Parade kids

The colorful entry from Sanibel’s Summit Christian Pre-School.

2017 Rotary

 

The Bissell family whose Dad/Granddad Realtor® Don Bissell, founded the parade 27 years ago, had a fun entry too. With plenty of Bissell boys dressed as Olympic athletes & pushing mock bobsleds, they “struck a pose” whenever a spectator wanted a photo.

2017 Bissell Family

The Bissell Family’s “Happy Birthday, America” entry.

 

After the parade, the Sanibel-Captiva Optimists Club Road Rally was tougher than I remember from earlier years (winners not announced yet). Hopefully plenty was raised for local scholarships. The Sanibel Grill at The Timbers Restaurant certainly did their part after the rally in providing food and drink to the 20-some rally teams. I’m sure that Team #12, “Beamer Stars” didn’t win any awards, but we sure had fun. The fireworks went off without a hitch too.

With nice summer weather, followed by late day or evening rains, the beaches, waterways, and bike paths have been busy the rest of the week too. There will be lots of check-outs tomorrow.

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

Blind Pass Beach Parking Lot Closed for Maintenance

Sanibelcityseal logoA City of Sanibel notice was posted today advising that the City will begin maintenance of the parking lot at Blind Pass Beach Park on Monday, July 10. Weather permitting repairs, it will be closed until Friday, July 14. Residents and visitors are encouraged to use other public City beach parks during this time.

State’s Economy To Top $1 Trillion Next Year

heraldtribune_logoAs posted today in Orlando on FloridaRealtosr® on-line and sourced to “Sarasota Herald-Tribune” (07/07/17):

“University of Central Florida (UCF) Economist Sean Snaith predicts that Florida’s gross state product will break the $1 trillion mark next year – and then climb to $1.074 trillion in 2019.

“That gross state product level would make the Florida economy the 16th largest in the world, as ranked by the World Bank.

“Snaith expects the gross state product to expand at an average annual rate of 2.9% through 2019 and outpace the projected average for the United States’ gross domestic product for the same period. Driving the economy will be job growth and home construction, Snaith said in his 2nd quarter Florida & Metro Forecast.

“”The fundamental underpinnings of the housing market in Florida continue to strengthen. Job growth in Florida is forecasted to continue outperforming the U.S. labor market and more baby boomers continue to reach the end of their working lives,” says Snaith, the director for the Institute for Economic Competitiveness at the UCF College of Business Administration. “This bodes well for continued population growth via the in-migration of workers and retirees.”

“Snaith notes that Florida faces a growing single-family-housing shortage because of the shrinking inventory of existing homes and a pace of housing starts that trails growth, which is rapidly pushing prices up in the single-family market.

“”While this looks like another housing bubble, it’s really just an old-fashioned shortage in the single-family market,” Snaith says. “It is expected to correct itself as new housing starts ramp up over the next few years.””

It’s Not Easy to Regulate Rentals

Florida Realtors logoToday, I read an interesting article from the “Miami Herald” that was reposted today on FloridaRealtors®.

Of course, the islands are a far cry from Miami, but the subject hit close to home when it described how the unincorporated Miami-Dade County commissioners spent hours of deliberation over a proposed ordinance that would create a laundry list of new regulations for short-term rental owners. The ordinance which had been fine-tuned over four months of meetings, would require rental platforms like Airbnb to sign up for a certificate of use, register for a business tax receipt, screen for sexual offenders, and enforce a number of “vacation rental standards” on their guests. The ordinance also imposes requirements on the platform hosting the listing, whether it be Airbnb, HomeAway, Craigslist or another site.

The commissioner who proposed the ordinance said, “The industry is here; I just want to see it sufficiently regulated for our client Miami-Dade County.” That industry is here in Southwest Florida too. Time and time again in the real estate business, we run into island owners and similar platforms violating the rental restrictions of a community or complex or not collecting taxes on short-term rentals, and guests who unknowingly are renting where they shouldn’t be.

In the case of this proposed ordinance on the other coast, the commissioners were unable to agree on several of the provisions and were worried that Airbnb and others may sue the city, so they deferred their vote until Sept. 7. At question were some of the specific requirements imposed on hosts, such as home inspection rules, the potential effect vacation rentals could have on affordable housing and the legality of creating requirements for the platforms themselves.

State law prohibits local governments from enacting new rules after 2011 that impact the frequency and duration of short-term rentals.

With the onset of the internet, the rental business changed significantly and it has been a continual work in progress then. Stay tuned for more on this subject. Sanibel and Captiva Islands are and will continue to be mostly a second home and investment market. Rental business affects that tremendously.

Sanibel & Captiva Islands Multiple Listing Service Activity June 30-July 7, 2017

sancap GO MLS logoSanibel

CONDOS

No new listings.

1 price change: Sand Pointe #113 2/2 now $719K.

1 new sale: Spanish Cay #A6 2/2 listed at $389K.

1 closed sale: Seashells #6 2/2 $385K.

HOMES

No new listings.

3 price changes: 673 East Rocks Dr 3/2 now $739.9K, 932 Whelk Dr 3/3 now $1.299M, 984 Oyster Ct 3/3.5 now $1.65M.

3 new sales: 9409 Moonlight Dr 3/2.5 listed at $599K, 2489 Harbour Ln 3/2 listed at $699.9K, 6494 San-Cap Rd 3/2 listed at $1.795M.

2 closed sales: 1315 Par View Dr 3/2 $676K, 2507 Blind Pass Ct 3/3 $1.34M.

LOTS

No new listings or price changes.

2 new sales: 540 East Lake Rd listed at $169K, 1340 Eagle Run Dr listed at $270K.

1 closed sale: 434 Lake Murex Cir $250K.

Captiva

CONDOS

No new listings or closed sales.

1 price change: Sunset Captiva #201 2/2 now $895K.

1 new sale: Bayside Villas #4102 1/2 listed at $348.5K.

HOMES

No new listings, new sales, or closed sales.

1 price change: 16525 Captiva Dr 8/8 now $3.995M.

LOTS

Nothing to report.

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

Enjoy your weekend!

Susan Andrews, aka SanibelSusan

Sanibel’s Popcorn Clouds Are Back!


It is SanibelSusan reporting the end of another quiet week on sunny Sanibel. Today, traffic picked up a little on Periwinkle Way with some early weekend holiday arrivals. The weather has settled into a more typical summer routine – warm sunny days with late afternoon or evening showers. Here are a few recent photos. I love those big white popcorn clouds.

06-2017 Clouds06-2017 Clouds2

June 29th Association of Realtors® Caravan Meeting

Sanibel realtors logoAt yesterday’s Sanibel & Captiva Islands Association of Realtors® biweekly Caravan Meeting, only three properties were open (including one off-island).

SCCF logoUpdate on Water Quality – Rae Ann Wessel, SCCF’s Natural Resource Policy Director gave attendees a quick update on water quality. She is one of the local scientists involved in preparing weekly reports on conditions in the Caloosahatchee River and how these conditions affect the health, productivity and function of the system. Their report this week described that flows to the estuary between June 20 and 26 came entirely from the watershed, with no flow from Lake Okeechobee. (Interesting, I’ve heard several locals mention that they think the bayside waters have changed color, that happens after normal rainfall not just from Lake O water releases, particularly after a long dry spell as the one experience here this winter and spring.

The U.S. Army Corps of Engineers (USACE) discontinued flows to the Caloosahatchee in early June due to the significant rainfall throughout the region then. On June 23, the Department of Environmental Protection (DEP) issued an emergency order to allow temporary operational changes to minimize flooding south of Lake Okeechobee. The next day, South Florida Water Management District (SFWMD) initiated back pumping to Lake O from that agricultural area.

The scientists’ recent memo to USACE, DEP, and SFWMD recommends not making any releases to the Caloosahatchee from Lake Okeechobee while the Lake is relatively low and the Caloosahatchee is receiving adequate freshwater flow from the watershed. They also encourage the use of as much watershed storage as possible within distributed storage projects and other lands owned or under contract by the State.

Rae Ann stressed that everyone needs to hold the state’s feet to the fire to ensure that the storage areas already voted on and committed are really built. This is a long tedious process and she illustrated how budgeted funds in the political arena can move, regardless of commitment.

She also thanked Realtors® for their continued efforts in the fight for clean water, particularly their participation during the spring legislative meetings in Tallahassee where voices were heard and action resulted.

Update on Community Projects

Today is the last day of our Association of Realtors® summer food drive for the F.I.S.H. Food Pantry. I’m so proud of my Communications and Public Relations Committee members for spearheading efforts this year to further the Association’s 2017 campaign “Together, We Make A Difference”.

Thanks to an anonymous donor who agreed to match any donations collected this week, our goals are halfway met for our upcoming food packing event under the direction of Meals of Hope. With another four weeks to go, we still to need to raise funds to pay for the food/supplies needed to pack 20,000 meals and find another 25+volunteers committed to help with the packing on July 28 from 3 to 5 p.m. at The Community House. You can be sure The SanibelSusan Team will have the Friday update done early that day. We will be packing!

Community Associations: New Estoppel Rules

HendersonFranklin logo read another good article on-line this week in “Legal Scoop on Southwest Florida Real Estate”. This one posted June 26, 2017 by Michael Lehnert of Henderson Franklin, Attorneys at Law. It says:

Beginning July 1, 2017, Florida community associations will have to comply with more burdensome estoppel requirements.

“The 2017 Florida legislature just recently passed a new law that will require associations to comply with a request for an estoppel certificate within 10 business days. If they fail to do so, they will forfeit their right to charge a fee for the preparation and delivery of the document.

“Furthermore, the fee that an association may charge is now strictly regulated. The fee is capped at $250 if there are no delinquent amounts owed to the association for the applicable unit or parcel, or $400 if a delinquent amount is owed. However, associations may charge an additional $100 if an expedited request is made, and the association delivers the estoppel within three (3) business days after the request.

“In addition to the changes to the timeframe and fees related estoppel certificate issuance, the new law will require associations to provide more information than previously required. Associations will have to provide, among other things, information about parking or garage spaces, any open violations noticed to the owner or mortgagee, and contact information for all insurance maintained by the association.

“While the law appears strict on its face, the intent behind the law is to provide more uniformity to the estoppel process in order to help buyers and sellers expedite their closings.

“If you or your association have any questions about this new law, please give me a call at 239- 344-1231 or email me at michael.lehnert@henlaw.com.”

Sanibel Independence Day Special Events – July 4th

Free Pancake Breakfast – 7 to 9 a.m. at Sanibel Community Church.

27th Island Independence Day Parade – at 9:30 a.m. “Preserving the Red, White, and Blue”, parade begins at Tarpon Bay Rd in front of Bailey’s Center & heads down Periwinkle to Casa Ybel Rd. (A few favorite photos from the 2015 parade shown above.)

Celebration at Jerry’s – after parade until 2:30 p.m. with waterslide, food & refreshments.

38th Annual Sanibel-Captiva Road Rally – at noon from Timbers Restaurant parking lot. Sponsored by Sanibel-Captiva Optimist Club with proceeds to benefit local scholarships.

Fireworks – at 9 p.m. rain or shine, launched from bay end of Bailey’s Rd, best viewing from causeway or bay side.

NOTE: Possession & discharge of fireworks on Sanibel are illegal & strictly enforced.

SanibelSusan Realty Associates

Below is the action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service.

The team is off on Tuesday for the holiday, but I will have the office open early for those wanting a cool spot for parade watching. Will be zipping up before noon though, to participate in the Road Rally.

SanibelSusan July 4 2015

Waiting for the parade to begin July 4, 2015

waving flagBest wishes from all of us for a safe and happy July 4th holiday.

Sanibel & Captiva Islands Multiple Listing Service Activity June 23-30, 2017

Sanibel

CONDOS

3 new listings: Blind Pass #B105 2/2 $464.9K, Sundial West #B108 1/1 $469K, Sundial West #H406 2/2 $789K.

8 price changes: Seashells #11 2/2 now $350K, Ibis at The Sanctuary #B302 2/2 now $479K, Breakers West #A5 2/2 now $509K, Sanibel Arms West #G7 2/2 now $529K, Cottage Colony West #138 1/1 now $575K, Sunset South #1C 2/2 now $685K, Pointe Santo #D6 2/2 now $699K, Pine Cove #102 3/2 now $1.299M.

1 new sale: Mariner Pointe #1412 1/1 listed at $334K.

3 closed sales: Tennisplace #C21 2/1.5 $329K, Seashells #38 2/2 $345K, Pointe Santo #B23 2/2 $735K.

HOMES

1 new listing: 1043 Sand Castle Rd 3/2 $899K.

2 price changes: 1390 Middle Gulf Dr 3/3 half-duplex now $509K, 514 Kinzie Island Ct 4/5 now $1.995M.

4 new sales: 1212 Par View Dr 2/2 listed at $548K, 5056 Joewood Dr 3/2 listed at $759K, 1294 Par View Dr 3/2.5 listed at $929K, 1237 Isabel Dr 5/6.5 listed at $2.18M.

2 closed sales: 769 Pyrula Ave 3/3.5 $ 1.25M, 696 Kinzie Island Ct 4/5 $1.8M.

LOTS

1 new listing: 6027 Dinkins Lake Rd $249.8K.

1 price change: 1311 Par View Dr now $276K.

No new or closed sales.

Captiva

CONDOS

2 new listings: Beach Villas #2623 1/1 $530K, Beach Villas #2514 2/2 $609K.

No price changes, new or closed sales.

HOMES

No new listings or price changes.

2 new sales: 4 Sunset Captiva Ln 3/2.5 listed at $2.345M, 16979 Captiva Dr 7/6.5 listed at $3.998M.

1 closed sale: 16464 Captiva Dr 8/8.5 $5.25M.

LOTS

Nothing to report.

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

july 4th flip flops