Easter Blessings Abound On Sanibel


It’s SanibelSusan, reporting about another fun week on the islands. Many end-of-season events are wrapping things up and the spring weather here has been perfect – bright sunny warm breezy days, mostly in the 70’s, with gorgeous sunsets, followed by mild evenings.

Susan Yard 03-18-16

 

Lots of families and visitors are here on spring breaks and Easter vacations, so there has been lots of roadway traffic. Bike paths are busy too. Adding to that, Vice President Pence arrived yesterday and is expected to be here until next Friday enjoying Sanibel. (My lips are sealed as to which client’s home he is visiting.)

We’ve had plenty of action in the office too, with sales processing toward closings, others in-the-works, and our listings getting good action. After a few news items, below is the activity reported this week in the Sanibel & Captiva Islands Multiple Listing Service.

March Membership Meeting – Sanibel & Captiva Islands Association of Realtors®

Congressman Francis Rooney – It was standing room only at 8 a.m. yesterday at the local Association of Realtors® monthly membership meeting. That’s because the speaker was Congressman Francis Rooney who came to update us on several important issues that affect our business.

arter rooney corace 03-30-18

Association affiliate member Dave Arter with Private Client Insurance Services, Congressman Rooney, & 2017 Association President Dustyn Corace

SanCap Mtg 03-29-18

Rooney is the U.S. Representative for Florida’s 19th congressional district which covers parts of Lee and Collier counties. He lives in Naples where he and his family have a base of diversified international group of companies that have created many jobs and economic opportunities in SW Florida and throughout the U.S. He also served many years as an U.S. ambassador.

His down-to-earth presentation cut right to the chase, explaining how the fight for water quality continues with good progress made in recent legislation, but often without the necessary appropriations. Attendees including Realtors®, business affiliates, and local leaders were encouraged to push with property owners to also contact their congressional leaders, not just here, but in other states to likewise recognize the importance of this resource and what must be done and funded to ensure its continuity. Segments from his pitch were included in a TV report last night on “water quality” that appeared on Wink News.

Congressman Rooney also briefly mentioned how the Federal flood insurance program has been extended until July. But, since it is now out of the federal budget package, could be in jeopardy. (You can be sure that local, state, and national Realtors® organizations are closely following that too.)

Florida Realtors logoFlorida Realtors® Honor Society – At the same meeting, five members of the local association were recognized by Florida Realtors® for achieving 2017 Honor Society. I am one of the lucky five – recognized for making the achievement for the 19th year.

FishFood for F.I.S.H. – Realtors® and attendees were reminded that in April the Association is collecting non-perishable food items to help F.I.S.H. of San-Cap replenish their food pantry which often gets low when the island thins out. Snowbirds and owners heading home for the summer are reminded to drop items at F.I.S.H. or call your Realtor® or SanibelSusan Realty. We will gladly pick your items up and get them delivered to the food pantry – or drop them off here at 2242 Periwinkle Way, Suite 3.

Upcoming Eventseaster61

  • 24th Annual Spring Festival – tomorrow March 31 from 9 to 11 a.m. hosted by The Children’s Education Center of the Islands, held at the Community Park, across the street from SanibelSusan Realty.
  • Easter Egg Hunt – tomorrow March 31 from 11 a.m. to 1 p.m. at the Sanibel Community Church. In addition to the hunt – for 2,500 pre-filled eggs, there will be games, crafts, bounce house, storytelling, & free lunch.
  • 7th Annual Easter Eggstravaganza – tomorrow March 31 from 1 to 3 p.m. at Island Inn, both inside and outside activities (those inside at Traditions on the Beach).
  • BIG ARTS Chorus Spring Concerts – Wednesday April 4 and Thursday April 5 at 7 p.m. at Schein Performance Hall. It usually sells out, so get tickets at www.bigarts.org. SanibelSusan is in the alto section.

Living Shoreline Approved Along Woodring Road

Sanibelcityseal logoAt Tuesday’s Sanibel Planning Commission meeting, approval was given for a project between the City of Sanibel and the U.S. Fish & Wildlife Service to create a living shoreline along the eroded section of Woodring Road right-of-way. According to a report in the “Island Sun”:

us fISH & WILDLIFE LOGO“The project seeks to rebuild approximately 170 linear feet of existing rip-rap and stabilize approximately 710 linear feet of existing vegetated shoreline by the installation of “living shoreline”, an erosion control structure comprised of rip-rap, concrete pipes and “reefballs” …which provide additional protection from wave energy created by wind, waves, and boat wakes…The City has budgeted $200,000 for the project, which will likely go out for bids in late April, then be brought before Sanibel City Council in May or June…once approved, the project would be completed this summer in 30 to 45 days….”

Great American Cleanup – Sanibel Canals

Here’s a little scoop from Facebook:

kEEP AMERICA BEAUTIFUL“Join Coastal Keepers and the Ocean Tribe Paddlers on Saturday, April 21st for The Great American Cleanup, an initiative created by Keep America Beautiful. This is a paddle-based cleanup, so we will travel through Sanibel’s east end canals via paddlecraft, gathering litter along the way. If you do not have a paddlecraft, Ocean Tribe Paddlers has a limited number of loaner paddleboards and kayaks available.

“We will meet at Sanibel Sea School’s Flagship Campus at 8 AM for a briefing, then divide into small groups before driving to the Sanibel Boat Ramp to launch our vessels. Parking is available there for a small fee. All cleanup materials will be provided. After the event, participants are invited to return to Sanibel Sea School for refreshments.

“To register for The Great American Cleanup, please go to http://klcb.org/great-american-cleanup.html and choose Sanibel Canals as your location. We kindly ask that you register online in advance to help our friends at Keep Lee County Beautiful measure participation. To reserve a paddleboard or kayak, please contact oceantribepaddlers@sanibelseaschool.org before the event.”

Sanibel & Captiva Islands Multiple Listing Service Activity March 23-30, 2018

Sanibel

CONDOS

2 new listings: Nutmeg Village #205 2/2 $760K, Sunset South #10C 2/2 $799K.

5 price changes: Sanibel Inn #3522 2/2 now $699K, Sandalfoot #3C1 2/2 now $729K, Loggerhead Cay #163 2/2 now $779K, Sundial West #E104 2/2 now $899K, Atrium #201 3/3 now $1.435M.

5 new sales: Seashells #42 2/2 listed at $379.9K, Sundial West #F306 1/1 listed at $465K, Sundial East #P204 2/2 listed at $899K, Sanctuary Golf Villages I #6 3/3 listed at $968.5K, Tanglewood #1A 3/2 listed at $1.045M.

5 closed sales: Captains Walk #D5 2/1 $288K, Spanish Cay #F3 1/1 $274K, Sanibel Seaview #C2 3/3 $920K, Loggerhead Cay #134 2/2 $935K, Kings Crown #317 2/2 $1.295M.

HOMES

5 new listings: 8991 Mockingbird Ln 3/2 $875K, 1438 Causey Ct 3/2 $895K, 1248 Par View Dr 4/4.5 $1.38M, 3790 West Gulf Dr 3/2.5 $1.699M, 413 Bella Vista Way 4/4 $2.495M.

14 price changes: 4542 Bowen Bayou Rd 3/2 now $515K, 998 Fish Crow Rd 3/2 now $599K, 610 Hideaway Ct 3/2.5 now $659K, 236 Hurricane Ln 2/3 now $689K, 4439 Gulf Pines Dr 3/2 now $695K, 4239 Gulf Pines Dr 3/2 now $699K, 4760 Rue Helene 3/2 now $879.5K, 3050 West Gulf Dr 3/2.5 now $949.9K, 1244 Par View Dr 4/3 now $1.099M, 1747 Jewel Box Dr 3/2 now $1.145M, 1349 Eagle Run Dr 3/2.5 now $1.155M, 852 Lindgren Blvd 4/3 now $1.159M, 490 Sawgrass Pl 3/2.5 now $1.649M, 2689 Wulfert Rd 4/5.5 now $1.894M.

11 new sales: 1438 Sandpiper Cir 3/2.5 half-duplex listed at $379.9K, 9471 Peaceful Dr 3/2 listed at $469K, 1283 Par View Dr 2/2 listed at $574K, 1410 Sand Castle Rd 2/2 listed at $609K, 225 Daniel Dr 3/2.5 listed at $699K, 727 Birdie View Pt 3/2 listed at $779K, 5410 Osprey Ct 3/2.5 listed at $799K, 239 Daniel Dr 3/2 listed at $998K (our listing), 330 East Gulf Dr 3/2 listed at $1.15M, 5403 Shearwater Dr 4/3 listed at $1.195M, 2167 Starfish Ln 4/4.5 listed at $1.875M.

8 closed sales: 3008 Singing Wind Dr 2/2 $360K, 1425 Causey Ct 4/3 $660K, 563 Hideaway Ct 3/2 $675K, 4791 Rue Helene 3/2 $830K, 1275 Par View Dr 3/2 $885K, 1114 Captains Walk St 3/3 $885K, 1470 Angel Dr 3/2 $875K, 4649 Rue Belle Mer 3/2.5 $2.45M.

LOTS

2 new listing: 978 Main St $184.9K, 2288 Starfish Ln $549K.

No price changes.

1 new sale: 6027 Dinkins Lake Rd listed at $239.8K.

1 closed sale: 2998 Singing Wind Dr $150K.

Captiva

CONDOS

1 new listing: Bayside Villas #5136 1/2 $399.9K.

1 price change: Sunset Captiva #302 3/3 now $2.495M.

1 new sale: Lands End Village #1665 2/2 listed at $975K.

No closed sales.

HOMES & LOTS

Nothing to report.

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

happy-easter4Happy Easter!

Susan Andrews, aka SanibelSusan

 

Almost Time to Get Your Island Green On


2018-03-15 WW12018-03-15 WW22018-03-15 WW3

It’s SanibelSusan reporting another week of glorious Florida winter. Several mornings had temperatures down into the 50’s, followed by afternoons in the mid-70’s. Other than the occasional stiff breezes that have brought in some red tide, it has been very nice – bright and beautiful. (The pictures above were taken noon-ish yesterday on the beach in front of West Wind Inn.) Again this week, visitors and vacationers are having fun, as the bike paths continue to be busy, especially with families.

Colleagues in the accommodation business say that the upcoming rental week (Mar 17-24) is the first in several where they have vacancies, but that probably won’t slow things down on the island as Lee County Schools are off next week. Today and tomorrow, the Lions Club Arts & Crafts Fair at The Community House, across the street from our office, will keep Periwinkle busy.

Here at SanibelSusan Realty, we’ve had both sales and good showing activity this week. The activity since last Friday, as posted in the islands Multiple Listing Service follows a couple of new items.

Lower Your Wind Insurance Premium

Rosier Insurance logo Version BNice write-up in today’s “Island Sun” by island Association of Realtors® Affiliate, Angela Larson Roehl with Rosier Insurance:

“Consider having a wind mitigation inspection done. What is a wind mitigation inspection? The wind mitigation inspection breaks down the following information for carriers to apply applicable credits:

  • Building code compliance
  • Type of roof covering
  • Roof deck attachment
  • Roof to wall attachment
  • Roof geometry
  • Secondary water resistance
  • Opening protection.

“The wind mitigation inspection has evolved over the past 10 years or so, from being a simple two-page inspection with no photos, to now being four pages that must also include color photos to substantiate the information listed on the report. Wind mitigation inspections are valid for five years.

‘So what wind mitigation credits could potentially save you money on your wind premium? If your home has any of the following:

  • Florida Building Code credit relaying the roof was completed after March 1, 2002.
  • Roof deck attachment – B or C
  • Roof to wall attachment showing either clips, single wraps, or double wraps
  • Roof style – Hip
  • Secondary water resistance
  • Class A opening protection showing all exterior openings protected for cystic pressure of a nine-pound large missile (4.5 pounds for skylights)

“Credits for each of the above mitigation features can vary depending on the carrier. It’s best to consult your insurance agent to confirm the mitigation credits your policy already is providing and to see if having a new wind mitigation inspection could assist in lowering your wind insurance premium.” You can reach Angie at info@rosierinsurance.com.

In 2006, Florida became the first state in the nation to mandate that insurance companies offer some reduction insurance costs if a wind mitigation inspection is sought and certified upon review by a qualified inspector (usually a board-certified contractor, architect or engineer). Some Florida home inspectors are certified to prepare Wind Mitigation Reports too. Ron Dehler with Horizon Inspection Service, Inc. is one, HorizonInspection.com. We often recommend that buyers save time and money by having a wind mitigation inspection done at the same time as their standard home inspection.

Upcoming Events

happysaintpatricksdayclwi4St Patrick’s Day Fun – tomorrow, Mar 17 – several local establishments have special events & meals planned:

  • American Legion Post 123 on San-Cap Rd – St. Patrick’s Day Celebration with corned beef & cabbage from noon to 8 p.m.
  • George & Wendy’s Sanibel Seafood Grille, 2499 Periwinkle Way, “Eat, Drink, & Be Irish”, serving corned beef & cabbage, green beer, band & more, 5 to 11:30 p.m.
  • Fish Madness at The Sanibel Grill, 703 Tarpon Bay Rd – open for lunch today through Sun, Mar 18 for March Madness, corned beef special on St. Paddy’s Day
  • Matzaluna, 1200 Periwinkle Way, featuring corned beef & cabbage pizza on St. Patrick’s Day
  • Traditions on the Beach at 3111 West Gulf Dr – St Patrick’s Day Irish menu, party favors, live music & dancing, reservations recommended, 239-472-4559

FREE Spring Concert – Tues, Mar 20 at 7:15 p.m. – Combined voices of the Shell Point Singers & the BIG ARTS Community Chorus at Shell Point’s Village Church, 7:15 p.m., tickets not required, info at 239-454-2290. (It’s also not too early to get your tickets for the BIG ARTS Chorus spring concerts Apr 4 & 5. See below.)

2018 chorus poster

What’s a Seller’s Continuing Maintenance Requirement?

Florida Realtors logoGood article posted on-line today, by Attorney Meredith Caruso who is Manager of Member Legal Communications for Florida Realtors®. She works with the state Forms Content Committee where I serve.

“Often sellers choose a contract based on the repair requirements involved. Do they use a contract that requires no repairs, like the Florida Realtors/Florida Bar “As Is” Residential Contract for Sale and Purchase (As Is FR/Bar)? Or do they prefer a repair obligation up to a specified limit, which they can do if they choose the Florida Realtors/Florida Bar Residential Contract for Sale and Purchase (FR/Bar) or Florida Realtors Contract for Residential Sale and Purchase (CRSP)?

“Either way, it’s important for both Realtors and the transaction parties to understand potential additional repair obligations contained within the contracts.

“If using the “As Is” FR/Bar contract, the seller has no obligation to make repairs based on the buyer’s inspection results. But what happens if, after the inspection period on this contract, the seller’s air conditioning unit (which was noted as “older” in the inspection report) simply stops working? With no repair obligation, can the seller simply say “too bad” to the buyer and expect the buyer to proceed to closing?

“In short, no. And here’s why: Based on the language in paragraph 11, the Property Maintenance section, excluding normal wear and tear and Casualty Loss, the seller is obligated to maintain the property including, but not limited to, the lawn, shrubbery and pool, in the condition existing as of the Effective Date of the contract.

“This means that the seller may not have repair obligations under the inspection section of the As Is FR/Bar contract, but the seller does have to keep the property in relatively the same condition it was when the parties went under contract.

“Some other examples could include a neighborhood kid accidentally hitting a ball through a window or the pool pump no longer functioning. Assuming there was no hole in the window and the pool pump functioned fine when the parties went under contract, the seller must fix those items.

“It’s important to note that this potential repair obligation also extends to contracts where the seller is obligated to make repairs pursuant to a buyer’s inspection. If using either the FR/Bar or the CRSP contract, the seller has to make any repairs up to the repair limit(s) as laid out in the contract. However, if the refrigerator stops working right before closing, the seller is also obligated to fix that as well. This is an additional repair beyond the inspection repair obligation already contained in the contract.

“Why? Because a refrigerator that isn’t working right before closing – when it was working at the time the parties went under contract – needs to be repaired based on the property maintenance language in the contracts. For the FR/Bar this is also paragraph 11; for the CRSP, this language is in paragraph 8.

While these particular sections of the contracts may not come into play very often, it’s important to know of the potential obligation just in case “things happen,” as they tend to do.”

Sanibel & Captiva Islands Multiple Listing Service Activity March 9-16, 2018

Sanibel

CONDOS

6 new listings: Seashells #42 2/2 $379.9K, Sundial West #I404 1/1 $484K, Seawind #109 2/2.5 $530K, Loggerhead Cay #314 2/2 $569K, Pointe Santo #B21 2/2 $749K, Nutmeg Village #103 2/2 $810K.

7 price changes: Captains Walk #B2 1/1 now $239K (our listing), Sunset South #7C 2/2 now $569.5K, Kimball Lodge #303 1/2 now $595K, Compass Point #232 2/2 now $659K, Sundial East #Q404 2/2 now $949K, Tanglewood #1A 3/2 now $1.045M, Tamarind #B302 2/2 now $1.789M.

5 new sales: Tennisplace #E32 2/1 listed at $299K (our sale), Sandpebble #4D 2/2 listed at $439K, Sanibel Arms West #H2 2/2 listed at $499K, Sand Pointe #122 2/2 listed at $649K (our listing), Poinciana #3C 3/2 listed at $1.725M.

1 closed sale: Sundial #J207 2/2 $670K.

HOMES

5 new listings: 396 Lake Murex Blvd 3/2 $774.9K, 1120 Shell Basket Ln 4/2 $895K, 784 Limpet Dr 4/3 $1.95M, 1008 Bayview Dr 4/4.5 $3.595M, 4431 Waters Edge Ln 3/4 $6.495M.

16 price changes: 1438 Sandpiper Cir 3/2.4 half-duplex now $379.9K, 6143 Henderson Rd 4/3 now $424K, 5299 Umbrella Pool Rd 3/2.5 now $499K, 752/754 Cardium St 4/2 duplex now $579K, 744 Martha’s Lin 2/2 now $598K, 1323 Par View Dr 3/2 now $639K, 601 Sea Oats Dr 3/2 now $659.9K, 5430 Osprey Ct 3/3 now $699K, 5739 Pine Tree Dr now $819K, 9027 Mockingbird Dr 4/3 now $859K, 1350 Middle Gulf Dr 3/3 half-duplex now $889K, 1656 Middle Gulf Dr 3/4 now $949.9K, 6412 Pine Ave 4/2.5 now $1.195M, 267 Ferry Landing Dr 3/2 now $1.689M, 3009 Turtle Gait Ln 4/4.5 now $2.995M, 536 Lighthouse Way 4/4.5 now $2.995M.

7 new sales: 1029 Dixie Beach Blvd 2/2 listed at $419K, 707 Cardium St 3/2 listed at $879K, 1265 Par View Dr 3/2.5 listed at $899K, 940 Spoonbill Ct 3/2.5 listed at $1.095M, 2629 Coconut Dr 2/3 listed at $1.198M, 2263 Starfish Ln 5/4.5 listed at $1.699M, 514 Kinzie Island Ct 4/5 listed at $1.895M.

4 closed sales: 1513 Sand Castle Rd 3/2.5 $677K, 1245 Anhinga Ln 3/2 $799K, 5657 Sanibel-Captiva Rd 3/2 $865K, 1152 Buttonwood Ln 3/3.5 $1.235M.

LOTS

1 new listing: 6095 Dinkins Bayou Rd $289,555.

No price changes, new, or closed sales.

Captiva

CONDOS

5 new listings: Tennis Villas #3129 1/1 $325K, Tennis Villas #3136 1/1 $340K, Tennis Villas #3230 2/2 $469K, Beach Villas #2426 1/1 $545K, Marina Villas #901 2/2 $785K.

No price changes.

1 new sale: Beach Homes #22 2/2 listed at $2.095M.

1 closed sale: Bayside Villas #5202 1/2 $360K.

HOMES

4 new listings: 55 Sandpiper Ct 3/2 $1.049M, 9 Sunset Captiva Ln 3/2 $1.229M, 11525 Chapin Ln 4/4 $1.64M, 16179 Captiva Dr 6/6 multi-family $5.5M.

4 price changes: 16813 Captiva Dr 3/3 now $2.45M, 16814 Captiva Dr 2/2.5 now $5.45M, 16596 Captiva Dr 5/5/2 now $7.9M, 17030 Captiva Dr 6/7.5 now $9.25M.

1 new sale: 11535 Chapin Ln 4/3 listed at $1.359M.

2 closed sales: 11531 Paige Ct 4/3.5 $3.25M, 1121 Schefflera Ct 4/4.5 $5.25M.

LOTS

Nothing to report.

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

Our colorful St. Patrick’s Day ad got us the back page of the “Island Sun” this week. Here’s it is. Don’t forget to wear your green tomorrow!

Until next Friday, Susan Andrews, aka SanibelSusanIsland Sun 3-16-18

Island Sales This Week, 2018 Forecasts, & More


 

great-white-pelican-namibiaIt’s SanibelSusan with another weekly report of real estate happenings. You are probably sick of me blogging about Sanibel’s summer-like weather and the traffic, so just a quick update, that it’s more of the same. A mini-cool front arrived today, bringing temperatures that will be only mid-70’s for the next few days.

Sanibel-shells-from-storm-windsMeanwhile, the 81st Sanibel Shell Festival across the street from SanibelSusan Realty at The Community House appears to be a huge success. It wraps up tomorrow afternoon.

An interesting mix of articles is below, followed by the activity posting in the Sanibel & Captiva Islands Multiple Listing Service this week.

  • 2018 national trends include big shifts in housing
  • good news from Sanibel police department
  • Sanibel Planning Commission ordinance action relating to pools and flood insurance
  • annual Market Watch with real estate outlook.

2018’s Top Trends

From the March 2018 “Florida Realtor®” magazine:Realtor.com logos

“Big Shifts in Housing… Realtor.com® predicts four developments this year.

  1. Inventory Will Increase. Starting in August 2017, the U.S. housing market started to see a higher-than-normal month-over-month increase in the number of homes on the market. Based on this trend, Realtor.com® projects that U.S. year-over-year inventory growth will tick up into positive territory by fall 2018, for the first time since 2015.
  2. Price Appreciation Will Slow. Home prices are forecasted to slow to 3.2% growth year-over-year nationally, from an estimated increase of 5.5% in 2017. Most of the slowing will be felt in the higher-priced segment as more available inventory in this price range and a smaller pool of buyers forces sellers to price competitively. Entry-level homes will continue to see price gains due to the larger number of buyers that can afford them and more limited homes available in this price range.
  3. Millennials Will Gain Market Share. Although millennials will continue to face challenges with rising interest rates and home prices, they are on track to gain mortgage market share in all price points, due to the sheer size of the generation. Millennials could reach 43% of home buyers with a mortgage by the end of 2018, up from an estimated 40% in 2017.
  4. Southern Markets Will Lead Sales Growth. Southern cities should beat the national average in home sales growth in 2018, with Lakeland – Winter Haven leading Florida. Sales are expected to grow by 6% or more in these markets, compared with 2.5% nationally. The majority of this growth can be attributed to healthy building levels combating the housing shortage.” 

Report from Sanibel’s Finest

santiva chronicleAn article in this week’s “Santiva Chronicle”, shows a big drop in island crime. Some of the statistics in the associated article include:

“Crime on Sanibel was down in 2017, including a huge drop in burglaries, according to statistics released Monday, Feb. 26, by Police Chief William Dalton. The police department tracked 72 federal reportable crimes in 2017, the only time in the past 11 years that that number has been below 100…

“Sanibel continues to be murder-free and no armed robberies have occurred since 2013. No vehicle thefts were reported in 2017, the only time in the past decade that has happened….

“Sanibel residents accounted for just 15% of the department’s arrests in 2017 with nearly half – 46% – coming from elsewhere in Lee County….

“Although crime numbers were down in 2017, the phone was still ringing at police headquarters. The department took in 26,140 calls. That’s an average of 72 per day or one every 20 minutes.”

Planning Commission Acts on Ordinances Re: Pools & Flood Insurance

Sanibelcityseal logoAs reported this week in the “Santiva-Chronicle:

“An ordinance amending the height of a swimming pool and decks in relation to the adjoining structure was unanimously approved by the Sanibel Planning Commission at MacKenzie Hall on Tuesday, Feb. 27.

“It is a move the commission said is grounded in common sense and will help streamline approval of pools and decks. Because of the current wording, the commission was forced to hold hearings about them when their approval was a matter of common sense. It was also costly to applicants.

“Wording of the ordinance to go to the City Council for approval is: “Any swimming pool elevated higher than three feet, six inches above the ground cannot be higher than the lowest floor of the associated structure. For the purpose of this height limit, a mid-level entry or other area devoted only to building access shall not be considered the lowest floor, even if constructed above the base flood elevation.”

“The current elevation is seven feet, but that is not based on the lowest floor. The change will allow the Planning Department to grant approval without it coming to the Planning Commission, Benjamin Pople, city planner, said in his presentation of the ordinance….

“Also Tuesday, the commission unanimously approved an ordinance to go to City Council that would bring the city in line with the Florida Department of Emergency Management pertaining to flood insurance.

“The ordinance about flood insurance is mandatory to preserve the city’s status and rating as a continuing participant in the National Flood Insurance Program’s continuing rating system which benefits Sanibel residents with a 25% discount on flood insurance premiums.

“Commission members cautioned residents that flood insurance rates still apply and that 25% savings aren’t always realized if insurance companies raise rates….”

Annual Market Watch – Lee & Collier Counties

News Press logoEach year, the Fort Myers “New-Press” hosts an event, where local real estate experts share their outlook on the real estate market. Here are excerpts from their on-line article posted this week.

“A recession may be on the way, but first-time home-buyer millennials and retiring Baby Boomers looking for a deal may be coming to the rescue in Southwest Florida’s residential market.

“That was among the big takeaways Tuesday at The News-Press Market Watch Real Estate 2018 at Germain Arena, where more than 1,000 people were on hand to gauge the market pulse from industry experts.

“Presenters included Randy Thibaut, land sales and development expert and owner and founder of Land Solutions Inc.; Denny Grimes, residential real estate expert and president of Denny Grimes & Co.; and Stan Stouder, CCIM, commercial real estate expert and founding partner with CRE Consultants.

“As Thibaut entered the stage, a screen showed a roller coaster on its way up a track. “We’ve been climbing this roller coaster that’s behind me for almost nine years since the downturn,” he said. “Are we going to go up and over and are we going to lose our lunch, or are we just going to have a little hiccup? One thing is for sure: we’re going to have change.”

“Total single-family and multifamily permits increased 28% in Lee, Collier and Charlotte counties year-over-year, with Lee leading the way.

“Why? “Apartments and assisted living were again on fire,” he said. “That changed the dynamics of the market.” On the home front, more buyers are looking for “value” properties, those under $300,000, and builders who cater to that demand are benefiting. “The millennials are coming and they are buying homes because they’re having families,” he said. “There’s a different type of baby boomer – they’re coming here with less money in their pockets. They’re coming. The difference is they’re not looking for $500,000 homes.”

“On the other end of the market, there’s strong demand for luxury high-rise condos in Naples and Bonita Springs, in developments such as Aqua and Seaglass at Bonita Bay. “The product came out and they gobbled it up,” Thibaut said.

“Downtown Fort Myers is a bit of a different story, where developments such as ONE, The Place on First and Prima Luce are in the works. “These projects are still trying to get started, and I think some of them will,” Thibaut said. “It hasn’t been for the lack of trying.” Market watchers should also keep a close eye on the Corkscrew Road corridor, where there are a lot of development plans.

“But ultimately, how are things? “We’re not going down into the abyss,” he said. “Are we going to have a little hiccup? I think so.”

“Prior to the event, Thibaut was asked about impact fees, which are a hot topic in Lee County. “The impact fees that are scheduled to be looked at in March will be the deciding factor over whether we’ll be able to serve our workforce and Middle America employees,” he said. “If they raise the impact fees a lot, they will hurt the biggest percentage of the buying sector. Now is not the right time for a full increase.” Thibaut said people looking to buy a home under $300,000 are the sector that “can’t afford the increase or they won’t be able to own and live the American Dream.”

“Grimes was next on stage, touching on seemingly controversial topics — fake news, the wall and DACA — in a nonconfrontational way because his points weren’t really about those topics at all.

“National headlines about the hot real estate market are giving some buyers and sellers a false perspective on the local market, which isn’t so hot. “There’s a party going on and we’re not part of it,” he said. “But that’s OK. We’ll win in the end.” The number of home sales was down 3% in Lee and up 3% in Collier year-to-year. Grimes used the words “steady” and “stable” in describing the market, with an exception here and there.

““Cape Coral was the star performer in Lee County,” he said. “Collier South is the star performer there.”

In the Cape, dry lot prices have been rising, commanding $20,000 and up, while Lehigh lot prices start at $5,000. “Cape Coral is in for another growth spurt,” Grimes said.

“Home prices, however, have hit a wall. The median sales price for an existing home was $238,500 in December, compared to $250,000 a year earlier. That median price is close to $450,000 in Collier County and $217,500 in Charlotte.

“On DACA — homes where you can dock a boat — Grimes said the cost to live on the waterfront in Cape Coral averages $479,000, not far below the cost in Fort Myers. “It’s the best waterfront value and it’s gaining on Fort Myers,” he said.

“Stouder started out by saying self-storage is going gangbusters. Eight self-storage businesses went up between 2010-14, with 12 built between 2015 and now, with another 12 under construction. “There’s a correlation between those and the robust number of apartment units being built,” he said.

“Senior housing, too, has also continued to surge. Ten senior housing projects were completed between 2000 and 2014. In the past three years, 21 senior housing projects have come to market.

A few notable projects for market-watchers to keep an eye on: Meridian Place industrial property near Southwest Florida International Airport, where a 201,000-square-feet of space is expected to be built.

“That’s a big industrial project and that’s because the vacancy rate is so low,” he said.

“Stouder also talked about the likelihood of a recession. “The stock market is having heartburn, but not a heart attack,” he said. Stouder pointed to the fact that it’s been “about eight and a half years since the last recession was declared over in June 2009,” so a recession is inevitable due to market cycles, it’s just a matter of when.

“Stouder also offered a “what’s that?” segment. In the “what’s that?” segment, market-watchers should look for the Grand Central project to come out of the ground across from Page Field Commons. That project will have the area’s first Krispy Kreme location.

“For people who might be wondering what to do with their money, whether after a property sale or because they simply want to make a smart investment, “it’s time to sell.” “How many of you wished in 2009 that you’d have sold in 2006,” he said. “If you get greedy, you will get burnt.””

Sanibel & Captiva Islands Multiple Listing Service Activity February 23-March 2, 2018

sancap GO MLS logoSanibel

CONDOS

6 new listings: Mariner Pointe #241 2/2.5 $629K; St.Croix #4 2/2.5 $995K; Yacht Haven #2 3/2 $1.099M; Pointe Santo #C3 3/2 $1,184,415; By-The-Sea #C102 2/2 $1.349M; Tamarind #B302 2/2 $1.824M.

4 price changes: Sanibel Moorings #941 2/2 now $529.9K, Pointe Santo #D32 2/2 now $779K, Island Beach Club #220E 2/2 now $949K, Island Beach Club #340D 2/2 now $1.324M.

4 new sales: Sanibel Moorings #212 1/1 listed at $425K, Beach Road Villa #104 2/2 listed at $455K, Loggerhead Cay #264 2/2 listed at $598.3K (our listing), Blue Gulf #101 3/2 listed at $1.42M.

10 closed sales: Tennisplace #D21 1/1 $235K, Lake Palms #6 2/2.5 $339K, Seashells #40 2/2 $320K, Sundial West #F308 1/1 $415K, Lighthouse Point #217 3/2 $455K, Mariner Pointe #733 2/2 $475K, Loggerhead Cay #402 2/2 $560K, Sanibel Inn #3535 2/2 $745K, Nutmeg Village #201 2/2 $965K, By-The-Sea #C302 3/2 $1.675M.

HOMES

3 new listings: 1283 Par View Dr 2/2 $574K, 4239 Gulf Pines Dr 3/2 $735K, 4171 West Gulf Dr 3/2 $3.248M.

24 price changes: 813 Rabbit Rd 2/2 half-duplex now $399K, 1940 Periwinkle Way 3/2 half-duplex now $470K, 1938 Roseate Ln 3/2 now $499K, 3043 Poinciana Cir 3/2 now $525K, 998 Fish Crow Rd 3/2 now $629K, 1020 White Ibis Dr 3/3 now $649K, 1342 Junonia St 3/3 now $669K, 1450 Sand Castle Rd 3/2 now $749.9K, 5430 Osprey Ct 3/3 now $764K, 5690 Sanibel-Captiva Rd 3/3 now $979K, 938 Pecten Ct 3/2.5 now $1.135M, 1747 Jewel Box Dr 3/2 now $1.165M, 1349 Eagle Run Dr 3/2.5 now $1.175M, 1672 Hibiscus Dr 3/2 now $1.179M, 529 Lighthouse Way 3/3 now $1.22M, 519 Kinzie Island Ct 3/2.5 now $1.275M, 1672 Hibiscus Dr 3/2 now $1.179M, 1743 Venus Dr 4/3.5 now $1.65M, 794 Conch Ct 3/2.5 now $1.679M, 267 Ferry Landing Dr 3/2 now $1.749M, 2029 Periwinkle Way 4/3 now $1.799M, 2167 Starfish Ln 4/4.5 now $1.875M, 5606 Baltusrol Ct 4/6 now $2.195M, 1552 San Carlos Bay Dr 4/5.5 now $2.425M

11 new sales: 970 Sand Castle Rd 3/2 listed at $599K, 1008 Demere Ln 2/2 listed at $615K, 678 East Rocks 3/2 listed at $829K, 4791 Rue Helene 3/2 listed at $849K, 3239 Twin Lakes Ln 3/2 listed at $899K, 1114 Captains Walk St 3/3 listed at $899K, 1275 Par View Dr 3/2 listed at $949K, 4960 Joewood Dr 3/3 listed at $1.049M, 6412 Pine Ave 4/2.5 listed at $1.245M, 4265 West Gulf Dr 4/4.5 listed at $4.895M, 1310 Seaspray Ln 4/4 listed at $5.795M.

8 closed sales: 9446 Yucca Ct 3/2 $530K; 1341 Sand Castle Rd 3/2 $820K; 765 Conch Ct 5/4 $810K; 701 Anchor Dr 3/3.5 $1,186,810; 3822 West Gulf Dr 3/2 $1.2M; 899 Almas Ct 3/2 $1.2M; 960 Victoria Way 3/3 $1.4595M; 547 Kinzie Island Ct 4/4.5 $1.7M.

LOTS

1 new listing: 9232 Dimmick Dr $199,555.

3 price changes: 2307 Wulfert Rd now $219.9K, 2133 Starfish Ln now $399K, 1770 Dixie Beach Blvd now $689,999.

1 new sale:1312 Eagle Run Dr listed at $319K.

No closed sales. 

Captiva

CONDOS

1 new listing: Bayside Villas #5102 1/2 $375K.

1 price change: Captiva Shores #8B 3/2.4 now $1.599M.

1 new sale: Bayside Villas #5144 1/2 listed at $385K.

2 closed sales: Tennis Villas #3210 1/1 $297K, Beach Villas #2621 2/2 $645K.

HOMES

1 new listings: 11540 Laika Ln 3/3 $1.625M.

3 price changes: 11490 Dickey Ln 3/2 now $995K, 11535 Chapin Ln 4/3 now $1.359M, 11509 Chapin Ln 4/4 now $1,999.999.

No new sales.

1 closed sale: 15154 Wiles Dr 4/3 $1.475M.

LOTS

Nothing to report.

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

Until next Friday, here’s hoping you have good weather too! If not, come to the islands, the bougainvillea and hibiscus are blooming everywhere. It really is a paradise here!

Susan Andrews, aka SanibelSusan (& please call me to help you with island real estate)

 

Brrrr…It’s Cold Outside


Well, this week has been a cold week on Sanibel. We won’t complain though, as we are thinking of everyone elsewhere in the US dealing with far greater cold temps. Stay warm & safe everyone.

Insurers Try New Tactic To Limit Damage Claims

Florida Realtors logoHere is an article posted on FloridaRealtors® website: Some Florida homeowners are discovering their insurance companies are employing an interesting strategy to avoid future claims costs.

Settlement checks sent by at least three companies include language stating that accepting the check releases the companies from further obligations connected to the claim.

Plaintiffs’ attorneys say they have major problems with this strategy: It tries to intimidate policyholders into not seeking payment for additional costs that come up during repairs and is likely unenforceable.

Palmetto Bay-based trial attorney Joe Ligman pointed to a section of Florida insurance law stating an insurer, after paying “actual cash value” for an insured loss minus any applicable deductible, “shall pay any remaining amounts necessary to perform such repairs as work is performed and expenses are incurred.”

But that’s not what notices from two of Florida’s largest insurers say.

On the back side of checks sent to homeowners, Fort Lauderdale-based Universal Property & Casualty includes the statement that an endorsement by the payee “constitutes receipt and release in full settlement for the claim or item mentioned in the draft.” Universal P&C is the state’s largest property insurer, with 612,227 policies statewide and 237,172 in the tri-county region as of Sept. 30, according to state records.

Along with a check sent to at least one of its homeowners, Deerfield Beach-based People’s Trust Insurance sent a letter stating that “your endorsement of the indemnity check constitutes a full accord and satisfaction of a disputed loss.”

And a third company, Sarasota-based Gulfstream Property and Casualty Insurance Co., enclosed with checks to at least two victims of Hurricane Irma a “release of property damage” that “does hereby … release, acquit and forever discharge” the company and its officials “from any and all claims, actions, causes of actions, demands, rights, damages, costs, loss of service, expenses and compensation whatsoever” stemming from the hurricane.

By contrast, state-run Citizens Property Insurance Corp. acknowledged in December that rising labor and materials costs triggered by Hurricane Irma would likely result in higher repair costs than initially estimated.

“As they go through the claims and repairs process, things will come up that may require us to readdress [and reopen] the claim,” Citizens spokesman Michael Peltier said Wednesday.

Locke Burt, chairman and president of Ormond Beach-based Security First Insurance, said his firm does not send release language with its claims checks “because we agree with the trial lawyer. It wouldn’t stand up in court.” Plus, he said, “We wouldn’t treat people that way.”

The Sun Sentinel contacted Universal P&C, People’s Trust and Gulfstream and asked each why they assert that acceptance of a settlement check releases them from supplemental claims.

The state law requiring insurers to pay any remaining amounts for additional work does not apply to People’s Trust, which operates a unique business model known as “managed repair,” countered Amy Rosen, the company’s chief marketing officer.

The company, with 129,626 policies statewide and 56,511 in the tri-county region, provides a premium discount in exchange for a customer’s agreement to use its affiliated “Rapid Response Team” contractor to make repairs. Rosen said it only sends the letter asserting acceptance of its check releases it from future obligations when a policyholder “wishes to receive a monetary payment in exchange for [the company’s] agreement to waive its right to have [the Rapid Response Team] perform the repairs.”

“If the insured accepts the monetary payment … then a settlement has been reached,” Rosen said. “If the insured does not accept the payment, then [the Rapid Response Team] repairs the property and, if additional covered damage is found, that is also repaired.”

Perry Cone, Gulfstream’s general counsel, declined to respond to questions about why it directs its policyholders to sign the release forms. “Gulfstream absolutely follows Florida law in its claims handling processes,” Cone wrote.

Travis Miller, spokesman for Universal Property & Casualty, said the statement on the checks “does not preclude claims for replacement costs or supplemental damage,” adding it “represents payment for items that have been reported to the insurer, have been reviewed, and are included within the scope of the draft.” He said other statements with the check will specify that the release pertains to a portion of coverage the check is for, such as additional living expenses, and “does not affect other payments such as replacement costs or other portions of the same claim [or any other claim.]”

Trial attorney Ligman, representing a policyholder who has declined to endorse a check from Universal, has filed a petition asking a Miami-Dade County circuit court judge to determine whether endorsement of the company’s check would bar him from making future claims.

“Universal refuses to change their check policy and continues to send the check release endorsement in violation of Florida law in order to trick their insureds to believe that they are releasing all future claims,” the petition states.

Sanibel & Captiva Multiple Listing Service Activity December 29, 2017 – January 5, 2018

Sanibel

CONDOS

1 new listing: Sandy Bend #4 2/2 $779K.

6 price changes: Tennisplace #D21 1/1 now $244.8K, Captains Walk #B2 1/1 now $249K (our listing), Lighthouse Point #220 2/2 now $450K, Pine Cove #102 3/2 now $1.25M, Gulfside Place #123 2/2 now $1.273M, Plantation Village #312 3/2.5 now $1.749M.

1 new sale: By-The-Sea #9 3/2 listed at $1.749M.

2 closed sales: Sanibel Arms #F2 1/1 $470K, Nutmeg Village #205 2/2 $745K.

HOMES

8 new listings: 9477 Peaceful Dr 3/2 $537K; 887 Casa Ybel Rd 5/3 duplex $575K; 1513 Sand Castle Rd 2/2.5 $689,000; 3010 West Gulf Dr 3/2 $799K; 529 Lake Murex Cir 3/2 $799,997; 9028 Mockingbird Dr 4/3 $889K; 4960 Joewood Dr 3/3 $1.049M; 940 Spoonbill Ct 3/2.5 $1.195M.

6 price changes: 9292 Kincaid Ct 3/2 now $489K, 4542 Bowen Bayou Rd 3/2 now $548K, 1327 Tahiti Dr 2/2 now $630K, 6123 Starling Way 3/2.5 now $1.225M, 1995 My Tern Ct 4/2 now $1.389M; 2029 Periwinkle Way 4/3 now $1.899M.

12 new sales: 1613 Sand Castle Rd 3/2.5 listed at $499K, 9446 Yucca Ct 3/2 listed at $545K, 2521 Key Lime Pl 3/2 listed at $599K, 241 Violet Dr 3/2.5 listed at $750K, 335 East Gulf Dr 3/2 listed at $1.095M, 1307 Par View Dr 3/3 listed at $1.1M, 1277 Par View Dr 4/3.5 listed at $1.15M, 1106 Buttonwood Ln 3/2 listed at $1.2M, 1313 Eagle Run Dr 3/3 listed at $1.35M, 1052 Whisperwood Ln 3/3 listed at $1.499M, 3945 West Gulf Dr 3/3 listed at $3.195M, 4115 West Gulf Dr 4/5 listed at $5.485M.

4 closed sales: 725 Nerita St 2/1 $385K, 5292 Umbrella Pool Rd 3/2 $540K, 3273 Twin Lakes Ln 3/2 $820K, 4155 West Gulf Dr 4/3 $4M.

LOTS

No new listings or price changes.

1 new sale: 667 Birdie View Pt listed at $345K.

No closed sales.

 Captiva

CONDOS

1 new listing: Tennis Villas #3216 1/1 $330K.

1 price change: Marina Villas #610 2/2 now $725K.

1 new sale: Beach Villas #2514 2/2 listed at $609K.

No closed sales.

HOMES

2 new listings: 20 Urchin Ct 2/2.5 $989K, 16801 Captiva Dr 3/3.5 $2.695M.

2 price changes: 1114 Schefflera Ct 4/3.5 now $2.899M, 15133 Captiva Dr 3/3 now $3.2M.

1 new sale: 1121 Schefflera Ct 4/4.5 listed at $5.6M.

2 closed sales: 11461 Old Lodge Ln 2/2 $995K, 11500 Gore Ln 3/2 $1.15M.

LOTS

Nothing to report.

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

Have A Great Weekend!

Elise for The SanibelSusan Team

 

 

 

 

 

 

 

 

 

 

 

 

 

Happy New Year From Sanibel


We have enjoyed another week of nice weather here on Sanibel. Today and into the New Year we are expecting a “cool front” with morning lows in the 50’s (later next week to be in the 40’s) & the afternoons warming to the mid 60’s, low 70’s. Lots of people this week, walking, biking, & filling up the roads. Here at the office we know when it is 3:30, as the cars are stopped on the road out front.

polar bear plungeNew Year’s Day Polar Bear Plunge

On Monday, January 1, the Sanibel-Captiva Chapter of the National Polar Bear Club will hold its 18th annual meeting at “the crack of noon” at Tarpon Bay Beach (the south/gulf end of Tarpon Bay Road). The meeting will begin with the singing of the traditional Polar Bear anthem by the Cubbies (first-timers), Juveniles (one-time previous dippers) and seasoned Adult bears (those who took the plunge in previous years). Following the anthem, the Polar Bears will enter the “icy” gulf waters. Everyone is welcome. Chairs and coolers are optional.

Sanibel Library Earns Award

sanibel libraryThis year marks the fourth time the Sanibel public library has been recognized as one of the best libraries in the country by Library Journal. The rating is based on the number of people walking through the library’s doors, number of program attendees and the number of books checked out. The rating is also based on electronic material.

“Ding” Darling Announces 2018 Film Series

ding darlingThe sixth annual “Ding” Darling Wednesday Film Series kicks off its bi-weekly showings this winter with a schedule of seven films that explore natural facets from pollinators and coral to wild Florida and the war on coal. It runs Jan. 10 through April 4.“Ding” Darling Wildlife Society-Friends of the Refuge hosts the free film showings in the “Ding” Darling Visitor & Education Center with sponsorship from Sanibel-Captiva Beach Resorts. Seating is limited and on a first-come basis.

Below are the season’s scheduled films. All films begin at 1 p.m. except the Jan. 24 film, which airs at 10a.m. A short discussion will follow each film to allow visitors to gain more from their documentary-viewing experience by listening to other people’s points of view and analyzing what they just watched. For full descriptions of the films, please visit www.dingdarlingsociety.org

Jan. 10 – Wings of Life

Jan. 24 – Tapped

Feb. 7 – From the Ashes

Feb. 21 – Chasing Coral

March 7 – The Forgotten Coast: Return to Wild Florida

Mach 21 – Mission Blue

April 4 – STRAWS

Sanibel & Captiva Multiple Listing Service Activity December 22-29, 2017

Sanibel

CONDOS

1 new listing: Sundial West #F308 1/1 $439K.

No price changes.

3 new sales: Sanibel Moorings #1221 3/2.5 listed at $1.095M, White Sands #32 2/2.5 listed at $1.095M, Bandy Beach #A101 3/2 listed at $1.299M (our Buyer).

1 closed sale: Captains Walk #A8 2/2 $347K.

HOMES

2 new listings: 5299 Umbrella Pool Rd 3/2.5 $539K, 5411 Osprey Ct 3/2 $1.295M.

2 price changes: 563 Hideaway Ct 3/2 now $699K, 4460 Waters Edge Ln 3/2 now $898K.

3 new sales: 1394 Middle Gulf Dr half-duplex listed at $524.9K, 1943 Sanibel Bayou Rd 3/3 listed at $649.9K, 5743 Baltusrol Ct 3/3/2 listed at $1.495M.

6 closed sales: 1390 Middle Gulf Dr 3/3 half-duplex $430K, 1187 Sand Castle Rd 3/2 $635K, 2030 Sunrise Cir 3/3 $605K, 1195 Par View Dr 3/2.5 $1M, 519 Kinzie Island Ct 3/2.5 $1.25M, 750 Periwinkle Way 5/4 $1.49M.

LOTS

2 new listings: 4538 Bowen Bayou Rd $258K, 1817 Long Point Ln $399,555.

2 price changes: 5116 Sea Bell Rd now $169.5K, 5126 Sea Bell Rd now $169.5K.

No new or closed sales.

 Captiva

CONDOS

No new listings or price changes.

1 new sale: Captiva Shores #4B 3/2.5 listed at $1.495M.

No closed sales.

HOMES

4 new listings: 41 Oster Ct 2/2.5 $1.085M, 16163 Captiva Dr 3/2 $2.795M, 1124 Longifolia Ct 4/5 $4.3M, 15867 Captiva Dr 3/3.5 $4.895M.

No price changes.

1 new sale: 11526 Laika Ln 4/4 duplex listed at $1.749M.

No closed sales.

LOTS

Nothing to report.

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

happy new year

Happy New Year!

Elise for The SanibelSusan Team

Merry Christmas from Sanibel


It’s been a beautiful weather week, some fog in the early mornings, but with sunny skies every day. The Christmas Eve & Christmas Day forecasts look just as nice & sunny.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoAs a reminder, there was no Realtor® Caravan this week, but the every-Thursday-morning schedule begins again on Dec 28 with a West Caravan.

ding darling goose logoFree Refuge Programs and Tours Begin In January 

This year, JN “Ding” Darling National Wildlife Refuge adds a new Horseshoe Crab program to its calendar of daily free tours and activities. The seasonal calendar of free programs and tours begins on Tuesday, January 2 and runs through April 8. Daily programs begin at 8:30 a.m. and include programs such as Nature Photography, Beach Walk, Birds of Prey, and Indigo Trail Walk. They have something for visitors of all ages and the programs/tours last anywhere from a half hour to two hours. For a full calendar of programs/tours and descriptions, visit http://www.dingdarlingsociety.org

henderson-franklinRent Tax Reduced Beginning January 1, 2018

Here is an article written by Henderson Franklin, Attorneys at Law:

The Florida Legislature recently delivered a small win for the business community with Florida House Bill 7109. Effective January 1, 2018, Florida Statute 212.031(1)(c) is amended by lowering the sales tax levied against commercial tenants from 6% to 5.8%. A more significant decrease would have been better, but commercial tenants will take what they can get, we suspect. The tax – known as the Business Rent Tax or “the BRT” – affects commercial tenants including retail, office space, and industrial tenants.

What is the BRT?

The Florida Legislature enacted the BRT in 1969, declaring that the business of renting, leasing, letting or granting a license for the use of commercial real property is a “taxable privilege.” In part because Florida has no personal income tax, the state government relies on sales taxes, including the BRT, as a significant source of revenue. Many local governments also impose a local option sales tax on top of the state BRT.

Florida is the only state to levy a statewide tax against commercial tenants, and thereby creates a competitive disadvantage for Florida businesses that lease rather than own their commercial space.

House Bill 7109

Florida’s BRT is unique from a national perspective in two respects: not only is it the only standard, statewide sales tax on commercial real estate rents, but unlike other corporate taxes, it is not pegged to profitability. As a result, the BRT significantly raises occupancy costs on all commercial tenants, regardless of their financial condition. New and/or struggling businesses in Florida may have the greatest difficulty with the burden this tax creates, and these businesses are likely to benefit the most from the tax relief in House Bill 7109.

Takeaway

Many voices within Florida’s business community have pushed for years for steep cuts to the BRT and, beginning in 2018, start to see their lobbying efforts bear fruit. Considering the significant impact the tax has on occupancy costs, the BRT should continue to be the subject of considerable debate in Tallahassee. As with all tax matters, please consult with your tax professional.

homesteadYou Can Inherit A Home, But You Can’t Inherit Taxes

Here is a helpful article posted at FloridaRealtors®. This one on Dec 18, 2017 is credited to Marty Kiar, Broward County property appraiser.

“The family home often passes from generation to generation as parents pass on, but Broward County’s property appraiser says he often gets a similar question the following year: Why did my property taxes go up so much?

“This happens when the decedent’s Homestead Exemption is removed the year following their passing and the Save Our Homes value is reset,” says Broward’s Marty Kiar. While alive, the parents had a cap on the amount their property taxes could go up each year thanks to Florida’s homestead exemption.

However, that protection ends and the house’s taxable value resets when it gets a new owner, even if that new owner inherited the house from his or her parents. In some cases, that higher taxable value can be dramatic.

Kiar notes only a few exceptions: A surviving spouse can inherit a house as well as the existing tax savings via Save Our Homes, as can a “legal dependent who was permanently residing on the property at the time of the decedent’s death.”

In all other cases, the new owner – even if he or she grew up in that house – must file for a new Homestead Exemption when they become the legal owner. Once filed, they also then have protection from yearly increases through Save Our Homes, though going forward it’s based on the first year they applied for the Homestead Exemption.”

Sanibel & Captiva Multiple Listing Service Activity December 15-22, 2017 

Sanibel

CONDOS

7 new listings: Spanish Cay #4 2/2 $374K, Sundial West #G105 1/1 $425K, Blind Pass #B211 2/2 $469K, Sunset South #1A 2/2 $775K, Loggerhead Cay #134 2/2 $995K, Tanglewood #1A 3/2 $1.149M, Atrium #201 3/3 $1.495M.

3 price changes: Sundial West #G204 2/2 now $649,999; Island Beach Club #220E 2/2 now $979K; Pointe Santo #E23 2/2 now $995K.

2 new sales: Sundial West #G105 1/1 listed at $425K, Sundial West #J207 2/2 listed at $695K.

6 closed sales: Seashells #44 2/2 $320K, Captians Walk #B5 2/1 $340K, Sundial West #C306 1/1 $404.5K, Blind Pass #B207 2/2.5 $469K, Sanibel Arms West #G8 2/2 $475K, Bougainvillea #A3 4/4 $3.55M.

HOMES

12 new listings: 1613 Sand Castle Rd 3/2.5 half-duplex $499K, 1027 Sand Castle Rd 2/2 $575K, 693 Rabbit Rd 3/2 $579K, 2521 Key Lime Pl 3/2 $599K, 1357 Jamaica Dr 2/3 duplex $650K, 1521 Wilton Ln 3/2 $784.5K, 4791 Rue Helene 3/2 $875K, 1106 Buttonwood Ln 3/2 $1.2M, 4166 Dingman Dr 4/4 $2.9M, 772 Birdie View Pt 3/3.5 $1.395M, 1035 Kings Crown Dr 4/3 $1.7495M, 1191 Bird Ln 5/4.5 $7.9M.

5 price changes: 667 Spartina Ct 3/2 now $619,555; 5299 Ladyfinger Lake Rd 3/3 now $648K; 1656 Middle Gulf Dr 3/4 now $990K; 5403 Shearwater Dr 4/3 now $1.195M; 2939 Wulfert Rd 5/5/2 now $1.349M.

9 new sales: 915 Palm St 3/2 listed at $475K, 3273 Twin Lakes Ln 3/2 listed at $825K, 3358 Saint Kilda Rd 3/3 listed at $979K, 932 Whelk Dr 3/3 listed at $1.224M, 899 Almas Ct 3/2 listed at $1.249M, 2441 Wulfert Rd 4/4.5 listed at $1.295M, 2190 Starfish Ln 3/3 listed at $1.395M, 1525 San Carlos Bay Dr 3/2 listed at $1.675M, 267 Ferry Landing Dr 3/2 listed at $1.795M.

1 closed sale: 4775 Rue Helene 4/3 $737.5K.

LOTS

1 new listings: 2987 Wulfert Rd $450K.

No price changes.

1 new sale: 1311 Par View Dr listed at $274K.

1 closed sale: 461 Lake Murex Cir $325K. 

Captiva

CONDOS

No new listings.

1 price change: Sunset Captiva #302 4/3 now $2.895M.

2 new sales: Tennis Villas #3210 1/1 listed at $300K, Lands End Village #1657 2/2 listed at $1.095M

1 closed sale: Lands End Village #1660 3/3 $1.5375M.

HOMES

2 new listings: 11526 Laika Ln 4/4 duplex $1.749M, 16814 Captiva Dr 5/5.5 $8.2M.

2 price changes: 16163 Captiva Dr 3/2 now $2.795M, 16447 Captiva Dr 6/5/2 now $3.599M.

No new or closed sales.

LOTS

Nothing to report.

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

Santa on Beach

Wishing You & Your Family A Happy Holiday Weekend!

Elise for The SanibelSusan Team

 

Pre-Holiday Happenings on Sanibel


It’s been a week of wonderful, though chilly, island weather. We’ve had the heat on in the office for a few days and been wearing sweaters, while those here on vacation continue to pedal and jog by in their shorts and tee-shirts. Forecasts say that it will be back up into the 60’s by tomorrow, with temperatures expected to creep up into the high 70’s again by early next week.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoIt was standing room only yesterday at the Association of Realtors® December Membership Meeting followed by east-end Caravan. A big crowd always comes when we have a speaker from the City of Sanibel. This year, it was Senior Planner, Roy Gibson. His short power-point covered three documents and followed with questions/answers.

  1. The Sanibel Report – An early history of the island, the Sanibel Plan is a scientific document published in 1976. It’s probably best known as an environmental assessment of Sanibel, a natural systems study, if you will. It is no longer in publication, but it provided the scientific foundation of the areas that today are known as the island ecological zones.
  2. The Sanibel Plan – Developed in 1975 (after City incorporation in late 1974), this is a living document accessible at the City website, www.mySanibel.com. It contains the vision statement for the island, describing how Sanibel is 1st a Sanctuary, 2nd a Community, and 3rd an Attraction. It provides the zoning maps and provides the regulatory framework for the City including its goals, objectives, and policies.
  3. The Sanibel Code – This is the document most often used by the Planning Department and island Realtors®. It’s the operations guide for the City. (We all got a chuckle out of Roy’s pop quiz to guess the weight of the printed document (which is 10.1 lbs). The lucky answerer got their own copy of the Code.) I have a hard-copy in my office too, but it’s much easier to read it on-line. The Sanibel Code contains the City Charter which describes how the City is governed and the Land Development Code. It’s that development code that comes into play in real estate transactions. There is a link to the Code on www.mySanibel.com.

No Realtor® Caravan next Thursday, but the every-Thursday-morning schedule begins again on Dec 28 with a West Caravan.

New Eats

  • Dante’s Coal-Fired Pizza – recently opened at The Sanibel Inn. With locations in Fort Myers and Coral, Dante’s is not new to SW Florida. They will have on-line ordering soon at www.DantesCoalFiredPizza.com
  • Lighthouse Café – will again be serving dinner starting today through April.
  • Farmers Market – begins on Captiva next Tues, Dec 19 and will be every Tuesday from 9 a.m. to 1 p.m. through April 3, at the entrance to South Seas Resort.

Conflict Over Vacation Rental Rights Brewing

Florida Realtors logoInteresting to see an article from Fort Myers Beach posted on line at FloridaRealtors®. This one on Dec 12, 2018 is credited to Laura Ruane, Journal Media Group. Sanibel already has a monthly-minimum on rental homes in residential communities.

“Homeowners have a right to live in peace, free of a steady stream of noisy interlopers, says Doris Grant, Fort Myers Beach resident.

“Government should respect owners’ rights and keep excessive laws off private property, says Joe Tekulve, an Ohio resident with a beach vacation home.

“It’s a battle of rights as some people ponder whether short-term vacation rentals should be more closely regulated, in particular by local governments.

“Two Lee County municipalities took up the matter recently. And, state lawmakers are expected to once again weigh in on short-term rental regulations in the upcoming session.

“Vacation rentals of fewer than 30 days are big business and growing: The Florida Department of Business & Professional Regulation estimates the number of state-licensed, short-term rental units grew from 117,000 in 2012 to 131,000 in 2016. That growth may be vastly understated in this era of online platforms helping hospitality rookies rent out their spare bedrooms or entire homes.

“But as Airbnb, HomeAway, VRBO and others began marketing vacation rentals in less-commercial areas, complaints poured in from year-round residents. They say their neighborhoods are suffering from a revolving door of short-term renters – guests who sometimes thoughtlessly disturb the peace and character of a place.

“Multiple issues – Bad behavior by renters isn’t the only issue. Area hoteliers and property managers say the competitive field no longer is level when owners of homes and condos can rent out the dwellings for a day or two or more – and yet can ignore health and safety measures, tax remittance and other rules without penalty.

“In 2011, the Florida Legislature adopted measures prohibiting municipalities from regulating vacation rentals – unless they already had such laws in place. Florida was still working its way out of the Great Recession, so sympathy was high for property owners trying to earn a few bucks – and perhaps even avert foreclosure.

“At the same time, though, private equity firms were buying homes in foreclosure for pennies on the dollar, and turning some of them into vacation rentals. In some areas, rentals became dominant and operated like hotels, although often poorly managed.

“In 2014, the Legislature passed a bill “giving cities back the authority to regulate vacation rentals. But they could not regulate the duration of these rentals,” said Casey Cook, senior lobbyist with Florida League of Cities. Cook’s organization favors “home rule,” meaning municipalities decide what level of regulation is right for their residents.

“Last spring, a push championed by Sen. Greg Steube in the Legislature collapsed. That bill would have pre-empted local regulation of vacation rentals – other than existing laws grandfathered-in. However, the topic is far from dead: Two Senate Community Affairs Committee workshops in October took testimony on how to best regulate short-term rentals, and who should do it.

“When contacted in early November, a staffer in Steube’s Tallahassee office wouldn’t rule out the possibility another vacation rental bill could surface next year. Florida’s Senate will convene Jan. 9.

“Numerous Florida cities – including Miami Beach, Fort Lauderdale, Boca Raton and Hollywood – have tried to address the issues surrounding short-term rentals regulation. Locally, a rentals ordinance failed to pass muster with Cape Coral City Council. The town of Fort Myers Beach is still weighing its options.

In October, Cape Coral City Council rejected a short-term rentals ordinance that would have required property registrations, a city business license, inspections and the naming of a local contact for emergency purposes. The vote came following a second public hearing at which realty companies, local landlords and Airbnb hosts spoke against the measure.

“Cape Coral’s land-use regulations already prohibit renting to guests for periods of fewer than seven days, but they are not enforced. Host Compliance Software, which monitors short-term rental host agencies, estimated the city has more than 3,100 vacation rentals. This would include an unknown number that rent by the night, contrary to city law. Analysis by the city, which compared that group of rentals with the number of state-registered Cape short-term rentals, showed more than 2,000 are not registered with the state, as required. “We have a compliance issue with thousands of illegally operating short-term rentals in Cape Coral,” said Michael Ilczyszyn, assistant city manager.”

Sanibel & Captiva Multiple Listing Service Activity December 8-15, 2017

Sanibel

CONDOS

8 new listings: Blind Pass #D101 2/2 $439K, White Caps South #5 1/1 $569K, Blind Pass #B209 3/2.5 $584.5K, Sundial West #J207 2/2 $695K, Sandalfoot #3C1 2/2 $749K, Sanibel Inn #3535 2/2 $765K, Sandpiper Beach #302 2/2 $850K, By-The-Sea #9 3/2 $1.749M.

2 price changes: Blind Pass #A205 2/2 now $418.9K, Snug Harbor #211 2/2 now $769K.

6 new sales: Colonnades #C3 1/1 listed at $225K, Sanibel Arms #F2 1/1 listed at $499.9K, Loggerhead Cay #153 2/2 listed at $919.9K, Shorewood #2B 3/3 listed at $1.568M. Captains Walk #B5 2/1 listed at $349K, Captains Walk #A8 2/2 listed at $349K.

2 closed sales: Sunset South #1C 2/2 $665K, Shell Island Beach Club #7B 2/2 $785K (our Buyer).

IMG_2463

Boardwalk to beach at Shell Island Beach Club

HOMES

11 new listings: 1357 Jamaica Dr 2/3 $650K, 2005 Mitzi Ln 2/2 $543.5K, 9446 Yucca Ct 3/2 $545K, 3043 Poinciana Cir 4/2 $575K, 1425 Causey Ct 4/3 $779K, 3323 Twin Lakes Ln 3/3 $829K, 335 East Gulf Dr 3/2 $1.095M, 2464 Blind Pass Ct 3/2 $1.3M, 1052 Whisperwood Way 3/3 $1.499M, 3615 West Gulf Dr 3/2 $2.995M, 1077 Bird Ln 4/5/2 $5.995M.

7 price changes: 1004 Spanish Laurel Ln 2/2 now $598K, 1710 Sand Pebble Way 3/2 now $629K, 5430 Osprey Ct 3/3 now $799K, 1183 Kittiwake Cir 3/2 now $799.9K, 1391 Jamaica Dr 4/3 now $1.349M, 6412 Pine Ave 3/2.5 now $1.245M, 794 Conch Ct 3/2.5 now $1.995M.

4 new sales: 5292 Umbrella Pool Rd 3/2 listed at $569K, 1317 Par View Dr 3/3 listed at $629K, 2030 Sunrise Cir 3/3 listed at $649K, 1149 Paper Fig Ct 4/3 listed at $2.245M.

2 closed sales: 981 Sand Castle Rd 3/2.5 $480K, 714 Durion Ct 3/2 $585K.

LOTS

3 new listings: 555 Piedmont Rd $219,555; 5627 Baltusrol Ct $410K; 602 Boulder Dr $459K.

No price changes or new sales.

3 closed sales: 2501 Wulfert Rd $175K, 1299 Par View Dr $227K, 1415 Sanderling Cir $879.5K.

 Captiva

CONDOS

Nothing to report.

HOMES

2 new listings: 11541 Wightman Ln 3/3 $2.175M, 16151 Captiva Dr 4/3 multi-family $7.9M.

No price changes, new, or closed sales.

LOTS

1 new listing: 15295 Captiva Dr $899K.

No price changes, new, or closed sales.

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

Have a great weekend!

Elise for The SanibelSusan Team

November Sanibel-Captiva Scoop


It’s Susan reporting another beautiful Friday on the island – sunny 80 degrees. Our fall weather was short lived, but we don’t mind a bit. We had nice visits from several returning clients this week and the roadways/bike paths are indicating “they’re back!”.

More and more new events are being posted, so if you want to check the “Island Events” tab on our website (www.SanibelSusan.com), I updated it this week to include many of the upcoming fun things to do.

This week was the 2nd rehearsal of the BIG ARTS Community Chorus with the group already tuning up for the Thanksgiving Celebration (Nov 19), Sanibel Luminary (Dec 1), and our Holiday Concert (Dec 14).

At the Sanibel & Captiva Island Association of Realtors®

Yesterday was the start of the again-weekly Thursday 8:30 a.m. Realtor® Caravan meetings. During this fall/winter/spring schedule, the Caravans are limited to 15 properties and, because of the traffic, rotate property locations, with east-end properties one week, and west-end, the next. West end is from Rabbit Road to the tip of Captiva. East-end is Rabbit Road to the lighthouse.

Surprisingly, yesterday’s meeting was lightly attended, but those on-hand were receptive to our last Association benefit of the year, “Fall Into Christmas”, planned for next Wed (Nov 8) after-hours, when we kick-off the holiday season and collect unwrapped toys, gift cards, and donations for “Friends Who Care”.

Caloosahatchee and Everglades Update Post Hurricane Irma

SCCF logothe Sanibel-Captiva Conservation Foundation (SCCF) and the Everglades Foundation on Tuesday, Nov 14 at 7 p.m. at the Sanibel Community House for The Caloosahatchee and Everglades: In the Eye of the Storm. This program and community conversation will focus on water quality issues and restoration following Hurricane Irma.

Progress is being made on Everglades restoration projects critical to opening up the southern end of the Everglades to move water south. The passage of the bill to establish the Everglades Agricultural Area (EAA) reservoir will work in tandem with these projects to add water storage capacity south of Lake Okeechobee to feed needed water to the Everglades and Florida Bay currently dumped to the estuaries. The dark, excess freshwater resulting from Hurricane Irma illustrates how badly alternative outlets and additional storage are needed. On November 14, SCCF and the Everglades Foundation will highlight issues ranging from water conditions to restoration progress and how you can participate in the coming state legislative process and a Federal Action Day in Washington, DC. in May 2018.

While the EAA Reservoir does not solve all of the problems, it’s a major step forward and initial planning for the project has begun. There will be time for audience questions and you can find out how you can help. Community support and action will be vital in advancing the projects and funding needed — as Hurricane Irma’s statewide impacts will also require funding from the state. Committee work for the next Florida legislative session has already begun and the session will open on January 9 (two months earlier than normal).

The program is free and open to the public. No reservations required. Doors open at 6:30 p.m. on Tuesday, Nov 14 at the Sanibel Community House, 2173 Periwinkle Way. Refreshments will be available. Program starts at 7 p.m. Call SCCF at 472-2329 with questions.

Weekend Events

esperanza-castingTomorrow, Nov 4

  • Esperanza Woodring Memorial Cast Net Rodeo, annual Bait Box tradition beginning at 8:30 a.m., 1410 Periwinkle Way
  • Island Seniors Annual Trash & Treasures Sale from 9 a.m. to 2 p.m. at the Center 4 Life building (corner of Palm Ridge Rd and Library Way).
  • Songwriter Saturday at ‘Tween Waters Resort & Spa pool from 1 to 5 p.m. (featuring Nashville singer-songwriters). Make a reservation at 239-472-5161.

Sunday, Nov 5

2nd Sanibel Blues and Jazz Fest, at Bailey’s backyard (behind the store). Performances from noon to 7 p.m. Tickets available at Bailey’s General Store, at the festival, and on-line at sanibelbluesandjazzfest.org.2017_SanibelBluesJazzFest

Tax Reform Hits Homeowners

realtor logoOne of my favorite economists, Lawrence Yun, posted a good article in the November/December 2017 Realtor® magazine. Though following this topic is like following a moving train, his advice applies regardless of the political outcome.

“Renters will come out ahead, albeit temporarily, if the “Big 6” tax reform framework is passed in its current form. They stand to get about $500 in tax cuts each year. The plan was released at the end of September by the Trump administration and Republican leadership in Congress.

“Because there is no free lunch, who then will foot the bill? Homeowners. Particularly families with children. While it’s unlikely lawmakers intended to hurt them, that will be the result.

“Tax reform is a laudable goal. Lower tax rates are what people want. And Americans are fed up with the many hours it takes to comply with today’s complex code.

“But a reform at the expense of homeowners is misdirected. Homeowners already pay 80 to 90% of all federal income tax in any given year.

“The plan to double the standard deduction (from about $12,000 to $24,000 for a family) means far fewer homeowners will use the mortgage interest deduction. Some homeowners may come out ahead while others will lose out. But larger families will be faced with a particularly difficult challenge, because the personal exemption and the exemptions for dependents which are both $4,050 per individual, would go away.

“For renters, who don’t take the mortgage deduction, the higher standard deduction will likely make most of them better off. Historical data has shown that renters do not accumulate wealth over the long haul. The latest Federal Reserve data show the typical wealth of a renting household has fallen from $5,900 to $5,100 since 2010, while homeowning households have seen their wealth jump from $192,800 to $231,400.

“Congress needs to thoroughly review the tax code with an eye toward simplifying it and reducing the tax burden on Americans, particularly middle-income households who today pay a disproportionate share of our nation’s taxes. Reduced payments in a simplified system could even boost long-term GDP growth. But Congress must never forget, sustainable and successful homeownership should be encouraged.” 

Sanibel & Captiva Multiple Listing Service Activity October 27- November 3, 2017

Sanibel

CONDOS

6 new listings: Coquina Beach #5B 2/2 $399K, Kimball Lodge #303 1/2 $620K, Nutmeg Village #1092/2 $689K, Sanibel Inn #3522 2/2 $709K, Poinciana #3C 3/2 $1.75M, White Pelican #133 3/3 $2.195M.

4 price changes: Lake Palms #6 2/2.5 now $349K, Loggerhead Cay #332 2/2 now $469.5K, Lighthouse Point #217 3/2 now $485K, Sanibel Moorings #1221 3/2.5 now $1.095M.

3 new sales: Seashells #11 2/2 listed at $350K, Sundial West #C306 1/1 listed at $435K, Sanibel Moorings #612 2/2 listed at $565K.

4 closed sales: Ibis at The Sanctuary #B302 2/2 $460K, Tarpon Beach #103 2/2 $725K, Sundial East #O405 2/2 $1.01325M, Sanddollar #A303 3/2 $1.275M.

HOMES

8 new listings: 984 Black Skimmer Way 3/2 $585K; 667 Spartina Ct 3/2 $629,555; 2030 Sunrise Cir

3/3 $649K; 1307 Par View Dr 3/3 $1.1M; 701 Anchor Dr 3/3.5 $1.295M; 1126 Harbour Cottage Ct

3/2 $1.295M; 5757 Baltusrol Ct 3/3 $1.497M; 1561 San Carlos Bay Dr 3/4 $2.75M.

4 price changes: 9225 Belding Dr 3/2 now $490K, 958 Sand Castle Rd 3/2 now $639K, 932 Whelk Dr 3/3 now $1.274M, 900 Snowberry Ln 4/3 now $3.295M.

2 new sales: 1390 Middle Gulf Dr 3/3 half-duplex listed at $499K, 1743 Jewel Box Dr 3/3.5 listed at $1.2M.

5 closed sales: 976 Sand Castle Rd 3/3 half-duplex 3/3 $470K, 5305 Umbrella Pool Rd 3/2 $559K, 655 Anchor Dr 3/3 $605K, 485 Lake Murex Cir 3/2 $970K, 984 Oyster Ct 3/3.5 $1.625M.

LOTS

1 new listing: 2515 Wulfert Rd $259K.

No price changes, new sales, or closed sales. 

Captiva

CONDOS

1 new listing: Bayside Villas #5202 1/2 $375K.

No price changes, new, or closed sales.

HOMES

3 new listings: 15154 Wiles Dr 4/3 $1.495M, 15631 Captiva Dr 5/4 $3.995M, 15138 Wiles Dr

6/5.5 $7.599M.

1 price change: 14865 Mango Ct 2/2 now $929K.

No new sales or closed sales.

LOTS

Nothing to report.

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

Here is a cute sign from the Sanibel Café.SanibelCafeSign

Almost Halloween on Sanibel


OctoberToday is another sunny day on the islands where we are excited to report cooler temperatures and low humidity. It’s always a nice change to have windows open and to wear long-sleeves again. Those local changes also indicate changes up north too, with cooler norther temps resulting in more inquiries and a boost in business here. Temperatures today were expected to reach the low 80’s before another cool front arrives tomorrow after a few showers. Then, temperatures are expected to go into the 50’s at night, with days in the 70’s.

SanCapAssnLogoSanibel & Captiva Islands Association of Realtors®

Following the Association’s annual meeting yesterday, several new sales were announced during Realtor® Caravan. More new listings also are on the market.

The action posted in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of news items below.

Upcoming Events

With holidays fast approaching, here are a few more upcoming events.

13th Annual Island Paws Howl-O-Ween Fundraiser – Tonite Oct 27 from 5 to 7 p.m. on the Over Easy Café patio to raise money for Gulf Coast Humane Society.

FINAL_FISH_10K_20179th Annual 10K Race 4 F.I.S.H. – Tomorrow morning Oct 28 – Race begins at The Community House at 7:30 a.m. Periwinkle Way will be closed to one lane during the race.

Island Nights Fall Festival – Tomorrow Oct 28 from 3 to 9:30 p.m. at Casa Ybel Resort with local vendors, life music, food, rum and craft beer samples, dessert station, face painting, henna tattoos, bounce house, pumpkin bowling, pumpkin painting, goodie bags, & a movie.

Trunk or Treat – Tuesday Oct 31 from 4 to 6 p.m. at Sanibel Community Church.

Fall Family Festival – Tuesday Oct 31 from 5 to 7 p.m. at The Community House. A bag of candy gains admission where costumed families will win prizes, enjoy carnival games, a hay ride, and get hot dog and burger dinners.

24th Annual Esperanza Woodring Memorial Cast Net Rodeo – Saturday Nov 4 beginning at 8:30 a.m. at The Bait Box. Free family event with free lessons, youth competition, refreshments, music, and raffle.

Sanibel Sea schoolThanksgiving Beach Walk – Thursday Nov 23 from 8:45 to 10 a.m. with Doc Bruce, Sanibel Sea School, 414 Lagoon Dr. Walk the beach with him, learn about the eco-system, and explore creatures found along the way. Free & kid-friendly.

Sanibel Update on Hurricane Irma Vegetative Debris Collection

Veg-Debris-1As of Wed, mySanibel.com reports that the “first sweep” of the island is 93.35% complete with 78.08 miles out of the 83.64 miles of roads completed. 28 streets (or a portion) out of 256 public and private roads remained to be done with two streets remaining due to sagging Comcast lines. City crews are using small vehicles to collect the debris on the roads blocked by Comcast lines.

Stump removal and a final “mop-up” collection of hurricane-generated debris will be next with hours of operation changing on Monday Nov 6.

Property owners are reminded that vegetative debris generated as part of routine maintenance is to be disposed consistent with pre-hurricane collection methods. Bagged or containerized residual debris will be collected by the regular hauler on regularly scheduled horticulture collection days.

Vegetation Trimming on Periwinkle Way

Sanibelcityseal logoNotice from City of Sanibel – “From Monday Oct 30 through Friday Nov 10 from 7 a.m. to 5 p.m., the vegetation along Periwinkle Way will be trimmed from Lighthouse Beach Park to Tarpon Bay Rd. Intermittent lane closes are expected. Drivers and pedestrians, please proceed slowly and cautiously through areas when workers are present.” 

Are Your Neighbors Trees Growing On Your Property?

henderson-franklinAnyone who knows where I live, recognizes that I like my yard neat and trimmed. Thankfully, my landscaper does a good job of keeping it that way. One of my neighbors, on-the-other-hand, prefers the jungle look. Sometimes a few of their trees, a big one in particular, grow out over my property.

Some years, during my annual fall “big trim”, I have paid dearly to have some of “their” branches cut back. This year, however, Hurricane Irma did a nice job of taking care of that task for me. Even so, the below article by Donald Thompson, posted on-line Oct 18, 2017 on the Legal Scoop Blog of Henderson Law was of interest. Maybe it applies to your situation too.

“Your neighbors are proud of their beautiful, large fruit trees, which are now growing substantially over your property. The trees have grown so large that a number of branches extend over your house, tool shed, and other improvements, which you believe results in a dangerous condition, not to mention rotten fruit dropping on your patio. What are your options: force the neighbor to remove the tree extending over your land, sue for damages, or something else? You may be surprised.

“In Florida, a possessor of land is not liable to others outside his land for nuisance caused by vegetation growing from his land over adjoining properties. Scott v McCarty, 41 So. 3d 989 (Fla.4th DCA 2010). Therefore, your neighbor has no duty to remove or even trim the tree branches that encroach onto your property.

“However, as the adjoining property owner, you have the privilege to trim back, at your expense, the offending (encroaching) tree, roots, branches, and other vegetation. Gallo v Heller, 512, So. 2d 215 (Fla.3d DCA 1987). Maybe this does not seem fair. You may wonder why you must pay to cut your neighbor’s trees that she allowed to grow over your property. The rationale appears to be grounded in common sense and public policy. Courts recognize that allowing such a claim would likely result in innumerable, and in many instances, vexatious lawsuits. In fact, one case reasoned that departing from the precedent would invite further litigation between neighbors, which as a matter of public policy should be avoided. Scott v McCarty, 41 So. 3d 989 (2010)

“Options – If your neighbor’s tree is growing onto your property, as a general rule you may trim the vegetation that extends onto your property. However, you should not cut any portion of the tree on your neighbor’s property and should not enter onto your neighbor’s property without consent. In fact, you should chat with your neighbor first and discuss what you intend to do. Even if your neighbor disagrees, and the matter ends up in a courtroom, a judge is likely to look favorably on your attempt to amicably resolve your disagreement.

“Exceptions – Of course, there are exceptions to most general rules. In Sullivan v Silver Palm Properties, Inc., 558 So. 2d 409 (Fla. 1990), the Florida Supreme Court cites at least two cases which held a landowner responsible for maintenance of trees and vegetation obstructing motorists’ view of a stop sign. The Courts reasoned that overhanging vegetation which blocks traffic control devices presents an imminent danger, and that a duty to remove vegetation obstructing critical traffic control signage is common sense. Also, the general rule in Florida of no duty or liability of a neighbor for overgrown trees is not the rule followed in all states.

“Other matters to consider before taking action may include:

  • review municipal or county ordinances, if applicable;
  • investigate and consider the possibility of removal of vegetation on your property causing damage to your neighbor’s property; and
  • use common sense.

“These types of claims can be fact driven and varying facts may affect an outcome in court. If in doubt, be sure to seek a competent attorney to assist you. If you have any questions or concerns regarding this issue, please feel free to reach me at donald.thomson@henlaw.com or by phone at 239-344-1369.”

Good Info From The Shell Museum

bailey-mathews shell museum signLast week, Bailey-Matthews National Shell Museum held another educational event for those wanting to become Shell Ambassadors. You may have seen those folks on the beach, wearing blue tee-shirts and helping those shelling. One of these days, I hope to become a Shell Ambassador too, but in the meantime, I thought one of their handouts had some good info. Aka Important Contact Information, it includes some number that might come in handy if you see injured wildlife or perhaps a tourist violating a local rule. I’ve added the info to my website “Useful Phone #s & Links” tab. FYI, here it is:

  • Injured land animal – CROW 239-472-3644 x222 or FWC Wildlife Alert 888-404-FWCC (3922) or *FWC or #FWC on mobile phone
  • Sea turtle problems – SCCF Sea Turtle Hotline 978-728-3663 or FWC Wildlife Alert 888-404-FWCC (3922) or *FWC or #FWC on mobile phone
  • Manatee & dolphin problems – FWC Wildlife Alert 888-404-FWCC (3922) or *FWC or #FWC on mobile phone
  • Active code violations on Sanibel (like live shelling, littering, leash law, feeding/harassing wildlife, destroying beach/dunes, picking native plants, etc.) – Sanibel Police non-emergency 239-472-3111
  • Passive code violations on Sanibel (like abandoned beach furniture, large amounts of garbage, etc.) – Sanibel Code Enforcement 239-472-4136
  • Live shelling on Captiva & causeway beaches – FWC Wildlife Alert 888-404-FWCC (3922) or *FWC or #FWC on mobile phone or Lee County Sherriff non-emergency 239-477-1000 • Full Outside bar opens at 10pm (cash only) Wristbands: $10 at entrance cash only (must be 21 years of age or older with wrist band only for admission). Costume Contest winners announced at midnight! Cash prizes awarded to 1st ($1,000), 2nd ($500), and 3rd ($250) of best overall costume. Other prizes to include free night stays, dining credits, Cabana rentals, Jet Ski and parasailing vouchers and more! Dinner before party? Why yes, with both Crow’s Nest and Captiva House accepting reservations now at 472.5161!

Sanibel & Captiva Multiple Listing Service Activity October 20-27, 2017

Sanibel

CONDOS

No new listings.

5 price changes: Sundial West #H409 1/1 now $465K, Island Beach Club #P1A 2/2 now $639K, Cottage Colony West #132 1/1 now $654K, Cottage Colony West #108 1/1 now $654K, Pointe Santo #B2 2/2 now $815K,

4 new sales: Spanish Cay #E3 2/2 listed at $369K, Sanibel Siesta #303 2/2 listed at $529K, Shell Island Beach Club #7B 2/2 listed at $820K (our buyer), Nutmeg Village #100 2/2 listed at $1.07M.

Shell Isl. Beach Club

Shell Island Beach Club Aerial

 

1 closed sale: Villa Sanibel #3C 2/2 $630K.

HOMES

3 new listings: 5299 Ladyfinger Lake Rd 3/3 $698K, 921 Strangler Fig Ln 3/3.5 $995K, 1743 Jewel Box Dr 3/3.5 $1.2M.

6 price changes: 1390 Middle Gulf Dr 3/3 half-duplex now $499K, 1943 Sanibel Bayou Rd 3/3 now $649.9K, 5657 Sanibel-Captiva Rd 3/2 now $895K, 1304 Eagle Run Dr 3/3 now $1.199M, 1672 Hibiscus Dr 3/2 now $1.295M, 1149 Paper Fig Ct 4/3 now $2.245M.

2 new sales: 4775 Rue Helene 4/3 listed at $799K, 1270 Bay Dr 3/2 listed at $1.349M.

2 closed sales: 1550 Bunting Ln 2/2.5 $622K, 3728 West Gulf Dr 5/5 $2.325M.

LOTS

No new listings:

3 price changes: 2486 Wulfert Rd now $179K; 412 Tiree Cir now $349,555; 2401 Blue Crab Ct now $699K.

1 new sale: 1415 Sanderling Cir listed at $398K.

No closed sales.

 Captiva

CONDOS

No new listings or price changes.

1 new sale: Beach Villas #2523 1/1 listed at $539K.

No closed sales.

HOMES

1 new listing: 14865 Mango Ct 2/2 $979K.

No price changes, new sales, or closed sales.

LOTS

Nothing to report.

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

 

halloween-kidsHappy Halloween!

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