Pre-Halloween Happenings & Good Real Estate Action at SanibelSusan Realty


It’s SanibelSusan with another report about island real estate and happenings. Another sunny blue-sky Friday it is with local temperatures again expected to be record setting (low 90’s). The calendar says fall, but it still sure feels like summer.

 

Upcoming Events

As the roadways continue to fill up, the island events calendar also is in full swing. Below are some happenings scheduled this weekend, but first a photo taken this morning at Sanibel’s Pond Apple Park. Thanks to Yves-Pascal and Susanna for sharing. Look closely, they said they saw about 12 baby gators. They are cute when they are this size!

IMG_8834

Island Paw’s 15th Annual Howl-O-Ween – Today from 5 to 7 p.m. at the Over Easy Café Patio with pet costume contest & fundraiser to benefit Flying Fur Animal Rescue.

11th Annual F.I.S.H. 10K Race – tomorrow, Saturday, Oct 26, race starts at 7:30 a.m. & finishes at The Community House. Sign-ups begin at 6:30 a.m. (SanibelSusan again is the volunteer guard for any vehicles entering/exiting Sanibel Square. Other Realtors® & Rotary volunteers will be on safety patrol at other driveway intersections along the route.) During the 10K Road Race, a Kids Race (up to age 10) will take place at the Sanibel Community Park (across the street from our office). The Kids Race is just for fun with all participating children to receive a ribbon and treat from Joey’s Custard.

baileyfest 201934th Annual Bailey Fest – Sunday, Oct 27 from noon until 4 p.m. at Bailey’s Center. Free & open to the public, this is the Center’s annual thank you to their patrons. Festivities include parade featuring the king and queen from the Sanibel School (winners of the essay contest, “What Sanibel Means To Me”) & stage performances by the school’s steel drum band & elementary choir performing. Free food, pony rides, water slide, giveaways, games, & more.

Red Tide Update

The red tide reported in last week’s blog was short-lived, thank goodness. When I received two offers Sunday afternoon about the same time that social media was posting reports of bad smells and photos of fish washing up on the beach, I thought we might be in trouble. But, by Monday the worst of it was gone and most beaches were back to normal. Those darn red tide occurrences can be as unpredictable as shelling. Whenever there is a change in the weather or wind direction, it can affect what comes ashore. Some of what came ashore last week was red drift algae which as mentioned in earlier updates, is not the same as red tide. Last week’s red tide event was likely from an upwelling of nutrients from the ocean floor from recent gulf storms that triggered the algae blooms – a natural event that sometimes comes at the most inopportune time.

Floria Fish & Wildlife LogoFlorida Fish & Wildlife Conservation Commission website posts the last eight days of their test results on their on-line map. Yesterday, that map showed just three spots of high red tide readings in Florida. Those were in the middle of Pine Island Sound between Captiva/North Captiva and St. James City. Today, Lighthouse Beach was also tagged as an area with high readings. Some medium readings were shown sporadically in a few areas from North Captiva to Marco Island Beach. Most Florida areas showed low to no evidence.

At West Wind Inn

This afternoon, I stopped at West Wind Inn’s Normandie Seaside Café for a quick lunch and to check the beach there. Though the wind was blowing on shore, I did not notice any smell or have any eye or throat irritation. The gulf was a little stirred up from the breeze, but there were swimmers in the water and pelicans diving.

IMG_8835IMG_8838

West Wind’s café and bar manager, Kim who faithfully posts the best pictures from the Upper Deck poolside was working inside the restaurant, training up a new employee. Got smiles out of them both. West Wind is a long-time favorite of both locals and visitors. Music most nights at the Upper Deck for sunset and consistent reasonable meals, breakfast, lunch, and dinner. Photo below by Kim at the Upper Deck on Wednesday.

2019-10-24 WW pool bar

IMG_8840.jpg

Smiling gals at Normandie Seaside Café. Kim on right, with new employee Marlaina on left.

Lee County Property Fraud Alert Service

henderson-franklinIt sure is scary to hear about the fraud occurring these days. The below article was posted on-line in August by attorney Kaylee Tuck with Henderson-Franklin.

“Did you know that liens can be filed on your real property without your knowledge or consent, even if they’re not valid? Did you know those liens can affect title to your property? Did you also know someone can create a fraudulent deed that gives your real property to someone else? It’s all very scary and, unfortunately, happens frequently. That’s why the Lee County Clerk of Courts recently launched a new Property Fraud Alert program.

“The Property Fraud Alert program is completely free and allows subscribers to register their name (or any name) into the fraud alert system, and the system will alert registered users within 48 hours if a document has been recorded with the name of a registered user. This system will allow early detection of potentially fraudulent activity, which allows property owners to act fast and avoid issues down the road.

“Why is the system so important? Property owners will never know if an official record has been recorded in their name or on their property if they are not consistently monitoring Lee County’s official records. The Property Fraud Alert system does the work for you. If you are a registered user, the system will email you if a document has been recorded with your name on it. The email will also give you a link to review the recorded document. If the document is fraudulent or a mistake has been made, you have the opportunity to take immediate action to fix the potentially fraudulent activity

“Are you ready to subscribe yet? If so, just go to this link: https://or.leeclerk.org/LandMarkWeb/FraudAlert.

Enter the name of the person or business you want to monitor and the email address where you would like to receive the alerts. You can monitor as many names as you wish.

“Tips for subscribing: Use a personal email address that you check regularly. This system can’t help if alerts aren’t received. Register your name as follows:

  • First and Last
  • First, Middle, and Last
  • First, Middle Initial, and Last

“The system will only notify the registered user if the name on the recorded document exactly matches the registered name. Make sure to register multiple variations of your name.

“Register yourself and other family members. There is no limit for how many names you choose to monitor, so keep an eye on yourself and your family.

“If you think you are a victim of a fraudulently recorded document, contact the Lee County Sheriff’s Office fraud line at 239-258-3292 or by email at fraudline@sheriffleefl.org. You may also wish to contact an attorney to determine whether you should take legal action to undo the fraudulent recording.”

Sanibel’s Leaders Working for All of Us

2019-10-23 DC Federal fly inYesterday, City councilor and friend Holly Smith returned from her trip this week to the Capitol. She was there as part of the Florida League of Cities for an event called FAST (Federal Action Strike Team) Federal Fly-in to Washington DC. Sanibel’s City leaders sure work hard for us. Thank you, Holly!

Below is some info from her Facebook post:

Port St Lucie Councilor Jolien Caraballo Congressman Brian Mast

Florida water warriors. East coast & west coast working together. Holly on the right, with Port St Lucie Councilor Jolien Caraballo & Florida Congressman Brian Mast in the center. 

“I am part of the FAST Committee for the Florida League of Cities. About 55 Elected Officials from around the State work together in unified and diverse voices – we don’t wear our political affiliations on our sleeves -speaking to our outlined 2020 legislative priorities. This is a non-partisan advocacy trip to meet with various White House Departments, FL Congresswomen, FL Congressmen and our esteemed FL Senators Rubio and Scott to discuss and bring to attention these vital Federally-regulated issues.”

In addition to Holly, other Lee County municipally-elected officials participating included City of Fort Myers Councilwoman Teresa Watkins Brown, Village of Estero Mayor Bill Ribble, and Bonita Springs Councilman Fred Forbes, joined by a group of elected advocates. Here posting continued with:

“Our 2020 priorities (not in particular order) included:

“1. National Flood Insurance Program (NFIP) – We Floridians basically pay 3:1 or 4:1 Nationally. You all see your premiums increase. The Citizens of Florida should not bear the financial weight of National disasters. Our Ask – A long-term reauthorization NFIP package which provides affordability for existing and future policy holders, accurate flood mapping, resiliency incentives.

“2. Cyber Security – We have all seen the number of municipalities and private sector hit by Cyberattacks and held for ransom. This can and has been crippling and/or expensive to those compromised. We support Federal funding for technical assistance, threat assessments, employee training, infrastructure improvements and data protection to help cities be better prepared for the next cyberattack.

“3. ADA Compliance for Municipal Websites – I was the spokesperson to this issue for my group. There is a cottage industry of litigation throughout Florida stemming from unclear accessibility standards for Website ADA Compliance. I can speak from personal experience to this matter. Public and private sector entity websites across the state have seen a steady increase in legal claims. It’s a racket – settle for a specified amount – then no follow up. We need the DOJ to clarify the rules on Website Accessibility Standards. It was initiated – then halted. Let’s get this vague language eliminated and have rules of specificity we can all comply with. Also allow for a period to cure rather than awarding these unscrupulous attorneys to benefit unjustly. Some municipalities have literally had to shut down their public websites as they are unable to afford the cost of litigation

“4. Investing in Infrastructure, Water Supply and Water Quality – through grants, low-interest loans and technical Assistance. An estimated 48.71 Billion is needed over the next 30 years to meet the needs for drinking water, wastewater, flood control, nutrient pollution, Everglades Restoration and beach/inlet erosion. I don’t have to tell you how proactive Sanibel is in this priority. Mayor Kevin Ruane, Director James Evans, and I return to DC on Sunday to directly advocate for our Cities priorities.

“Other priorities included transportation infrastructure, broadband infrastructure funding opportunities, federal preemption of small wireless infrastructure deployment (meaning providers can now put up a structure in local rights of way without much, if any restrictions- so not right), advance refunding on municipal bonds, and Risk Rating 2.0 (urging FEMA to provide more details to better comprehend the impacts to Floridians).

“We also can claim victory as President Trump just approved one of our priorities: To approve a Category B reimbursement to offset the costs to local Governments incurred for emergency protective measures!

“Very grateful to all of our Federal Partners and Federal Elected Officials who were generous with their time and look forward to their efforts in helping us move these priorities forward. STAY TUNED!”

Sanibel & Captiva Islands Multiple Listing Service Activity October 18-25, 2019

Sanibel

CONDOS

5 new listings: Sundial #F205 1/1 $429K, Loggerhead Cay #332 2/2 $549K, Loggerhead Cay #263 2/2 $665K, Villa Sanibel #3A 2/2 $689K, Sand Pointe #212 2/2 $739K.

3 price changes: Sanibel Arms #D7 1/1 now $389K, Mariner Pointe #1052 2/2 now $519.9K, Cyprina Beach #1 3/3 now $1.395M.

2 new sales: Sanibel Arms West #E2 2/2 listed at $849K (our listing), White Pelican #114 2/2 listed at $850K.

3 closed sales: Sanibel Arms West #I1 2/2 $529K, Sunset South #6B 2/2 $538.6K, Gulfside Place #305 2/2 $1.15M.

HOMES

5 new listings: 1027 Sand Castle Rd 2/2 $499K, 1925 Roseate Ln 2/2 $669K, 5672 Sanibel-Captiva Rd 3/2 $715K, 979 Whelk Dr 3/2.5 $995K, 2268 Wulfert Rd 4/5.5 $1.995M.

11 price changes: 1401 Sandpiper Cir 3/2.5 half-duplex now $499.9K; 1585 Bunting Ln 3/2 now $575K; 707 Cardium St 3/2 now $729K; 788 Nerita St 3/3 now $887K; 1244 Par View Dr 4/3 now $899K; 829 Birdie View Pt 4/3.5 now $1.08M; 815 Limpet Dr 3/3 now $1.699M; 4809 Tradewinds Dr 3/3.5 now $1.875M; 2391 Shop Rd 3/2.5 now $1.997M; 5615 Baltusrol Ct 4/6/3 now $2,999,999; 4709 Rue belle Mer 3/2 now $3.225M.

1 new sale: 572 Kinzie Island Ct 5/5 listed at $2.15M.

3 closed sales: 1695 Serenity Ln 3/2 $485K, 1119 Seagrape Ln 2/1 $689K, 4080 West Gulf Dr 3/2 $955K (our buyer).

LOTS

1 new listing: 6008 White Heron Ln $899K.

No price change or new sales.

1 closed sale: 5737 Baltusrol Ct $280K (our listing).

Captiva

CONDOS

No new listing.

1 price change: Tennis Villas #3220 1/1 now $335K.

No new or closed sales.

HOMES & LOTS

Nothing to report.

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

Halloween treat-clipart-halloweenHappy Halloween next week! SanibelSusan still is trying to come up with an outfit for the Realtors® Thursday Morning Caravan Meeting (& costume contest). Wish me luck!

Until next Friday, Susan Andrews, aka SanibelSusan

It’s a Colorful Time… Vivid Rosy Bougainvillea, “Pink Out”, & …


Happy Friday, everyone! Following another sunny week on Sanibel Island, rain is expected to begin here soon. The tropical storm passing in the northern Gulf of Mexico is forecast to produce scattered showers over SW Florida into tomorrow afternoon. We need the rain.

Dry late fall weather usually gets bougainvillea trees and bushes blooming. Below are some that I noticed on my ride home last night. They are at the Pointe Santo entrance.

IMG_8830

Mine at home are starting to pop out too. This photo from Nov 2018.IMG_7125.jpg

Red Tide

The news that I don’t like reporting is that locals and visitors are in a tizzy about red tide. The City’s panoramic aerials posted Tuesday afternoon (link here), show such a huge difference in how the water looks now compared to last year at this time, that was it heartbreaking to read that the Marine Lab had done local testing and found presence of the red tide organism in some areas. Below is the message posted Tuesday night on social media by the Sanibel-Captiva Conservation Foundation:

2019-10-15 SCCF“Research scientists from SCCF’s Marine Lab took water samples on a short cruise today on the lower Caloosahatchee River, San Carlos Bay and into the Gulf of Mexico. They found Karenia brevis, the organism that blooms into red tide, present at all sites sampled. The maximum concentration they found was 880,000 cells/liter two miles offshore of Tarpon Bay Rd Beach on Sanibel. Levels higher than 100,000 can result in fish kills and respiratory irritation in humans. Next week, they will do a more expansive cruise into the Gulf from North Captiva Island to Sanibel. Stay tuned for ongoing updates.”

That posting sparked some questions, so they further clarified saying: “Our Marine Lab’s testing is part of a National Science Foundation (NSF) RAPID grant to study harmful algal blooms (HABs). The NSF grant is intended to investigate how the intensity of red tide blooms is “related to nutrients in freshwater releases from Lake Okeechobee, a large inland lake in south-central Florida that is managed for flood prevention.” The research will contribute to the lack of “strong scientific evidence to support the connection between the red tide and Lake Okeechobee water releases.” The objective of the project is to provide water quality data prior to and throughout major freshwater releases. These data will provide insight into cause-and-effect relationships between freshwater releases, and algal blooms.”

SCCF logoWith SCCF reporting the highest number of organisms around the island off the beach at the end of Tarpon Bay Road, it is not surprising that this same area produced complaints, both yesterday and today, from beachgoers experiencing respiratory irritations. Some marine life also has washed ashore. Teammate Dave reported a noticeable smell on his drive over the causeway last night.

As a reminder, there had been no releases from Lake O all summer until just over a week ago when small releases were sent this direction to dilute the salinity in the estuary. This was to help the health of seagrasses in areas that had not received rain in recent weeks.

Prior to these reports, recent red tide incidents were mostly further south in the Naples/Marco Island area. Not a good omen for things to get better soon is the forecast for winds from the south all weekend.

Annual Meeting Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday was the annual meeting of the islands’ Association of Realtors®. Congratulations to newly elected board members, Realtors® Greg Demaras, Mike McMurray, and Janka Varmusa. With over 250 Realtor® members and nearly 150 Affiliate members, the Sanibel & Captiva Association is vibrant healthy and ready for “season”.

Caravan meetings will continue Thursday mornings biweekly until the end of the month, when we celebrate Halloween (costume contest) and revert to the “season” weekly schedule rotating from East End to West End. All winter you can expect to see Open Houses on Thursday mornings from 9 a.m. until noon. City rules allow only two open houses a month, up to 4-hours each, while Association MLS rules allow only one Caravan Open House every six months. You can be sure that we follow the rules and also try to schedule these events when they produce the most results.

Between now and the end of the year, the Association will continue to collect non-perishable food for the F.I.S.H. food pantry. Since Hurricane Irma and the water quality issues last year, local food needs have increased with supplies depleting quickly. Members and friends are encouraged to bring donations to either the Association of Realtors® Office at 2353 Periwinkle Way, Suite 201 (over Finnimore’s Cycle) or at F.I.S.H. at 2430-B Periwinkle Way (behind Bleu Rendez-Vous Bistro). The F.I.S.H. Food Pantry is open from 10 a.m. to 3:45 p.m.

After work on November 14, the Association will hold its annual “Fall Into Christmas” fundraiser for local charity “Friends Who Care”.

At SanibelSusan Realty Associates

2017-09-12 OfficeThe Association’s new Multiple Listing Service (MLS) provider offers a variety of new reports and advertising opportunities. Yesterday, Elise mailed our team’s monthly summary progress report letters which included the Islands’ 3rd Quarter Market Report. Lingering evidence of the market downturn from the water problems last year remains.

Below is an update of Sanibel’s inventory today. As the island gets busier, likewise, more listings come on the market every day. Both number of sales and average sale prices are off, even when compared to last year. That could change last quarter which is when we see the most sales to those wanting to winter in paradise or benefit from owning in 2020.  For arriving buyers, there is plenty of good well-priced inventory for them.

Sanibel Inventory
Condos Homes Lots
Status # Price $ DOM # Price $ DOM # Price $ DOM
For sale 108 839,859 196 142 1,338,771 171 67 730,723 442
Under contract 9 861,322 128 23 886,254 106 3 321,333 74
Sold 2019 thru 10/18 101 667,163 151 172 972,271 173 12 392,333 816
Sold 2018 155 720,617 172 218 1,112,748 162 21 602,095 240
Sold 2017 140 728,793 188 186 1,004,237 163 32 327,229 504

 

Event Reminders

Ding Darling Day31st Annual “Ding” Darling Day – Free Family Fun Day – Sunday, Oct 20, all day beginning at 8 a.m. More info at www.DingDarlingDays.com

breast cancer month8th Annual “Let’s Pink Out” – Thursday, Oct 24, Breast Cancer Awareness Celebration & Luncheon from 11:30 a.m. to 1:30 p.m. at Sanibel Fire & Rescue District Station #1 on Palm Ridge Road. Saturdays, all month, from 9 a.m. to 5 p.m. “Pink Out” volunteers are bagging groceries at Bailey’s for tips. Donations collected go to F.I.S.H. to help those in the community with cancer-related needs.

Rising Financial Wealth Boosts Demand for Vacation Homes

RSPS-Resort-Second-Home-Property-Specialist-Real-Estate-DesignationAs the instructor for the local class on the Resort & 2nd Home Market, I carefully follow the statistics published by the National Association of Realtors® (NAR) and their newsletter from the RSPS (Resort & 2nd-Home Property Specialist) group. Here are some excerpts from an article they published on Oct 10, 2019:

“Increased financial wealth and low mortgage rates boosted the demand for and price of vacation homes, according to the National Association of Realtors® 2019 U.S. Vacation Home Counties Report, https://www.nar.realtor/research-and-statistics/research-reports/us-vacation-home-counties.

“Between 2013 to 2018, the median sales price in vacation home counties increased at a slightly higher pace of 36% compared to the pace of increase of all existing and new homes sold,1 at 31%. Median price increases occurred across both expensive and inexpensive areas. The counties with the highest price increases during this five-year span were in three states: Pennsylvania, which includes Pike and Monroe counties; Wisconsin, which contains Price and Washburn counties; and Massachusetts, which includes Nantucket.

“Lawrence Yun, NAR’s chief economist, says the present figures are telling, especially when compared to data from 10 years prior. “As of 2018, household net worth reached an all-time high of $100.3 trillion – that’s nearly double from a decade ago when wealth declined during the recession. Some of this tremendous growth in wealth, although concentrated, increased demand for vacation homes.”

“Although most homebuyers purchase their residence with an intent to use the property as a primary home, that is not the case for all buyers. In fact, a portion of homeowners purchase a second home expecting to use it as a general family vacation spot, as a tenant rental, a means to gain equity, or – upon retirement – a future primary residence….”

Sanibel & Captiva Islands Multiple Listing Service Activity October 11 – 18, 2019

Sanibel

CONDOS

7 new listings: Blind Pass #F204 2/2.5 $455K; Sanibel Arms West #I7 2/2 $579K; Cottage Colony West #102 1/1 $609,906; Sanibel Surfside #132 2/2 $925K; Sundial #K402 2/2 $1.1899M; Compass Point #181 2/3 $1.195M, Pointe Santo #E24 3/2 $1.425M.

4 price changes: Compass Point #221 2/2 now $695K, Loggerhead Cay #553 2/2 now $699K, Yacht Haven #4 3/2 now $869K, Gulfside Place #222 2/2 now $1.395M (our listing, photos below).

1 new sale: Wedgewood #305 3/3.5 listed at $1.495M.

No closed sales.

HOMES

4 new listings: 1356 Jamaica Dr 2/1.5 $587K, 6033 Dinkins Lake Rd 3/3.5 $799K, 1567 Sand Castle Rd 3/3 $897K, 261 Ferry Landing 2/2 half-duplex $1.095M.

7 price changes: 1585 Bunting Ln 3/2 now $575K, 9446 Beverly Ln 3/3.5 now $669K, 1559 Sand Castle Rd 3/2 now $715K, 707 Cardium St 3/2 now $729K, 1667 Venus Dr 3/2 now $1.1M, 1307 Par View Dr 3/3 now $1.149M, 2964 Wulfert Rd 5/5.5 now $3.699M.

3 new sales: 335 Cowry Ct 4/3.5 listed at $799.9K, 9094 Mockingbird Dr 4/3.5 listed at $895K, 836 Sand Dollar Dr 3/2/2 listed at $1.295M.

5 closed sales: 970 Greenwood Ct 3/2.5 half-duplex $398.5K, 1441 Sand Castle Rd 3/2.5 $639K, 2719 Wulfert Rd 4/4/2 $1.2M, 1136 Golden Olive Ct 4/4.5 $2.51M, 2915 Wulfert Rd 5/6.5 $2.7225M.

LOTS

No new listings.

1 price change: 4538 Bowen Bayou Rd now $220K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Bayside Villas #5234 1/2 $415K.

1 price change: Beach Homes #2 3/2 now $1.899M.

No new or closed sales.

HOMES

1 new listing: 11515 Gore Ln 5/4.5 $2.45M.

No price changes or new sales.

1 closed sale: 14981 Binder Dr 3/3 $957K.

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.

girl-standing-in-rainUntil next Friday, Susan Andrews, aka SanibelSusan

No Snow Here, But This Egret Sure is White!


It’s SanibelSusan reporting that the island roadways are getting busier. With 2018 off, it sure is great to again see activity pick up in October. In the summer, I often make a quick trip home during the noon lunch hour. That 2.9-mile trip up Periwinkle, in the off-season, usually takes about seven minutes. By yesterday, that time had expanded to 15 minutes. But, that’s OK, businesses need those returning owners and visitors.

Island friends, Ed and Ellie stopped in this week to say “hello” and Ellie shared the below photo she took at the Sanibel fishing pier. I told her this beauty will be the star of this week’s blog! It’s a beautiful great white egret (I think), not a snowy egret. Those are smaller and have the opposite coloring – still bright white, but black beak and yellow feet. Great white herons are similar too. Also large and their coloring is like the great white egret, but they have large heavy bills. If I guessed wrong, I bet a birder will set me straight!

2019-10 Ellie's bird

It still feels like summer! Weather this week cooled down to the high 80’s (degrees F) during the days, low 70’s at night – mostly sunny with occasional showers inland off-island. We need rain, so on Saturday the Army Corps of Engineers initiated minimum water flows from Lake O to the Caloosahatchee estuary. During certain times of the year, scientists say water releases like this are necessary to maintain a health estuary. The releases were expected to continue until tomorrow.

With the news reporting big weather changes elsewhere – huge temperature drops, plus snow and ice storms. That should make Sanibel & Captiva even more appealing.

Teammate Elise advises that the Lee County Schools first quarter ends today – that was fast. Local kiddos also get a full week off for Thanksgiving vacation this year, usually they just get a few days.

We did not have a local Association of Realtors® Caravan meeting this week. Next Thursday is our annual meeting. After a few news items below, check out the action since last Friday reported in the Sanibel & Captiva Islands Multiple Listing Service. You will notice that in comparison to last week, there was not much. We hope that changes with the holiday weekend and that you enjoy your weekend too!

Vice President Pence to Visit Sanibel Again This WeekendVice Presidents Logo

Once again, the island is a twitter with the news that Vice President Mike Pence is expected to make another trip to Southwest Florida this weekend. A TFR (Temporary Flight Restriction) has been issued for VIP movement at Southwest Florida Regional Airport and southern Sanibel Island from Thursday at 11:45 p.m. through Sunday at 12:00 p.m.

During that time, the airspace around Sanibel has been designated as “national defense airspace,” which is common when the president or vice-president visits an area. The Sanibel Causeway and other roads are expected to close at times during the high-profile visit, but please know that it is not much of a disruption. He stays at a client’s home here that is off the beaten path so unless you happen to be on Periwinkle or the Causeway when he is on the move, you probably won’t even know that he is in town.

Process for Registering Sanibel Short-Term Rentals

Sanibelcityseal logoRecently, Sanibel City Council approved establishing a registration process for island short-term rentals. Council supports an ordinance to create registration of dwelling rentals and rental licenses. The purpose of the process is to regulate and ensure compliance of non-resort housing and platform vacation rentals like Airbnb and to preserve the character of residential neighborhoods. (It is basically a record and licensure process to ensure that rules already in place are followed. Sanibel Code says that compliant resort dwellings have no rental time or frequency limit, while non-resort dwellings must be rented for four consecutive weeks or more.) More on this in the weeks to come.

Events & ReOpenings

“Season” begins with lots of annual happenings:

Sanibel shellsSanibel-Captiva Shell Club – Though the Shell Museum remains closed while the new Aquarium construction completes, the Sanibel-Captiva Shell Club’s first meeting of the season is this Sunday, October 13 at the Sanibel Community House beginning at 2 p.m.

historical village logoSanibel Historical Village – reopens Tues, October 15 and will be open Tues-Sat from 10 a.m. to 4 p.m. with guided tours at 10:30 a.m. and 1:30 p.m. Season highlights include several Twilight Talks and their annual gala fundraiser February 18 at The Community House. The talks are at noon on the 1st Mondays, December through March. New museum volunteers are always needed. Training begins November 4. More info at www.sanibelmuseum.org

Tower gallery13th Annual Tower Gallery Attic Sale– Fri & Sat, October 18 & 19 from 10 a.m. to 4 p.m. www.towergallery.net

 

4th Annual Sanibel Blues & Jazz Fest – Sun, November 3 from noon to 7 p.m. in the backyard of Bailey’s Center sponsored by the Sanibel-Captiva Optimist Club. Annual fundraiser for the club’s charities, including scholarships and summer youth programs at the Sanibel Rec Center. sanibel Jazz festival pixPerformances by islander Johnny Jensen at 1 p.m., the local Marty Stokes Band at 2 p.m., Sean Chambers featured on the U.S. Billboard Blues Album Chart at 3:30 p.m., & British Blues Hall of Famer Matt Schofield at 5 p.m. A jam session featuring all of the performers ends the event. Tickets at www.eventbrite.com, Bailey’s General Store, Sanibel-Captiva Community Bank, & George & Wendy’s Seafood Grille.

Hobie cat race 2019.pngSouth Seas Hosting World Championship Hobie Class Races – from Nov 1-16. This is the 1st time since 1984, that these races are being held in the U.S. and the 1st time in SW Florida. According to race organizers, the Hobie 16 World Championships is the only sailboat class in the world to supply brand new identical boats for all competitors to race. The course will be just off Sunset Beach, at the north end of Captiva. Sailboat racing fans may enter the resort entry gate and proceed to hotel registration where $5 per vehicle will be collected, parking pass issued, and wristbands provided for each spectator. Tickets also are available for special events (www.hobieclass.com).

crow-logo2019 Taste of The Islands – Sun, November 10 from noon to 5 p.m. at Sanibel Community Park with CROW’s animal ambassadors and silent auction in The Community House. The participating restaurants were announced this week including The Bubble Room, The clam Shack, Doc Ford’s Rum Bar & Grille, The Jac Island Bar & Grille, Matzaluna The Italian Kitchen, MudBugs Cajun Kitchen, Rosie’s Café & Grill, Sanddollar Restaurant, Sanibel Deli & Coffee Factory, Sanibel Fish House, Shima Japanese Steakhouse, T2 (Traders 2), Thistle Lodge, and The Timbers Restaurant & Fish Market.

coastal keepers loglCoastal Watch 3rd Annual Fundraiser, The Launch – Sat, November 16 from 6 to 10 p.m. at The Community House, in support of local conservation initiatives.

UCF Economist: Recession No Threat to Florida

Florida Realtors logoThe below article was posted on-line this week at Florida Realtors®.

“ORLANDO, Fla. – Sean Snaith, director of the University of Central Florida’s Institute for Economic Forecasting, expects Florida’s economy to grow faster than the U.S. economy over the next three years.

His third-quarter economic forecast indicates that the state’s “powerful” economy will produce a higher percentage of jobs than the nation and attract more job seekers from other states through 2022. Snaith predicts that much of the job growth will come from the professional/business services, education/health care services, and construction sectors.

““Florida’s economy continues to hit on all cylinders, and there are no economic storm clouds on the horizon,” he says. “Our biggest challenge over the upcoming years will revolve around how best to manage and facilitate economic growth.” In addition, Snaith says the fundamentals of the state’s housing market remain “solid,” and economic and job growth and the influx of retiring baby boomers should continue to support the upward trend on sales.

““Low inventories of existing homes for sale and lagging housing starts growth contribute to an environment where home prices continue to rise,” Snaith adds. “The shortage in the single-family market will be rectified as the pace of single-family housing starts to ramp up over the next several years. Single-family housing starts in 2022 are expected to increase by 79.7% from 2014 levels.””

Source: Sarasota Herald-Tribune (10/03/19) Hielscher, John

© Copyright 2019 INFORMATION INC., Bethesda, MD (301) 215-4688

Sanibel & Captiva Islands Multiple Listing Service Activity October 4 – 11, 2019

Sanibel realtors logoSanibel

CONDOS

3 new listings: Sunset South #2C 2/2 $609K, Sanibel Inn #3512 2/2 $727.5K, Sundial #J208 2/2 $769K.

No price changes, new, or closed sales.

HOMES

3 new listings: 610 Hideaway Ct 3/2.5 $629K, 1163 Seagrape Ln 4/4 $1.295M, 550 N Yachtsman Dr 3/3 $1.35M.

5 price changes: 1401 Sandpiper Cir 3/2.5 half-duplex now $504.9K, 1717 Sand Pebble Way 3/2 now 645K, 1676 Middle Gulf Dr 3/2 now $825K, 1285 Par View Dr 4/2.5 now $889K, 982 Whelk Dr 3/2.5 now $1.15M.

3 new sales: 1800 Ardsley Way 3/2 listed at $695,555; 198 Southwinds Dr 3/2 listed at $699.9K; 823 Birdie View Pt 4/3 listed at $799K.

No closed sales.

LOTS

No new listings.

1 price change: 1837 Buckthorn now $629K.

No new or closed sales.

Captiva

CONDOS

1 new listing: Lands End Village #1619 2/2 $1.549M.

2 price changes: Bayside Villas #5136 1/2 now $419K, Bayside Villas #5228 1/2 now $429K.

No new or closed sales.

HOMES

1 new listing: 11528 Andy Rosse Ln 1/2.5 $2.9M.

No price changes.

1 new sale: 17041 Captiva Dr 2/2 listed at $1.699M.

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.

christopher-columbus-day-clip-art-661308Best wishes for a fun holiday!

SanibelSusan Realty will be open so you won’t need Columbus. We can help you find what you want!

Susan Andrews, aka SanibelSusan

 

Things are Hoppin’ On Sunny Sanibel


Susan here, reporting a record-breaking weekend followed by a busy week at SanibelSusan Realty. Before those details, here are a few photos taken after I left the office last night. With no rain for several days, water and waterways surrounding the island are clear. These pictures in order include:

  • Tarpon Bay taken from next to SCCF’s Marine Lab and Tarpon Bay Explorers
  • Turner Beach looking toward the bridge to Sanibel and to the gulf
  • Roosevelt Channel to Pine Island Sound, taken from behind the Green Flash restaurant.

Tarpon Bay Explorers 10-03-19

Turner Beach 10-03-19

Turner Beach again 10-03-19

Green flash to channel 10-03-19

A combination of circumstances kept the SanibelSusan Team hoppin’ with three new sales, including the two properties we just listed last week. Sometimes when a new listing hits Multiple Listing Service (MLS), there are buyers waiting for a property like that. Often their Realtor also is watching new inventory for them.

There usually is a jump in interest too whenever an asking price is reduced under the next $100K mark. With most internet search engines having drop-down menus in those increments, once a price is reduced, the listing gets noticed by prospective buyers who may have not considered the property before because the price was out of their budget range.

Sellers sometimes think that their first offer is too soon. But, even in multiple offer situations, it usually makes sense to see the first offer through to the end. Statistics show that the 1st offer often is the best offer. It also is important to recognize that sometimes there are terms as important as the price, like when the closing will occur, how serious the deposit is, Seller repair requirements, and what “outs” the contract has for the Buyer.

Getting a buyer to sign on the dotted line and negotiating the sale are just the first steps in getting a property sold. Working through contract contingencies often may be more challenging. Those may be things like the inspection/cancellation period in the “as is” contract. During that window, a buyer may view the property for the first time, have inspections, do due diligence on costs (like insurance, utilities, repairs), investigate making changes to the property (like adding a pool), or even change their mind.

The team tracks post-contract action items to ensure that they are successfully completed on time – things like escrow deposits, financing applications, applications to homeowners and condo associations, estoppel letter payments, appraisals, loan commitments, utility and service provider changes, etc.

The last seven days also brought us an unexpected and unusual number of hiccups with properties already under contract. I don’t know if that is what makes this business fun, but it certainly makes it interesting – ever changing – and reminds us that flexibility can be as crucial as follow-through.

The action posted since last Friday in the islands’ MLS is posted after a few news items below. We sure hope that this spurt of activity for us is an indication of what “season” will be like this year, but honestly, I think we just got lucky – and we are very thankful for it.

Sanibel’s Tax Rate Adopted – Lowest in Six Years!

Sanibelcityseal logoSanibel City Council recently took less than eight minutes to officially adopt the Fiscal Year 2020 budget. Approved and discussed at earlier budget hearings, the rolled back operating millage rate of 1.8922 mills is the lowest tax rate in the last six years. (A mill is $1 per every $1,000 of taxable valuation. The rolled back rate is the same rate it would take to generate the same amount of revenue in the coming fiscal year as was generated in the previous year.) The budget for the upcoming year is $73,266,546.

Mayor Ruane also noted that the millage rate is down 25% from its historical peak. Ruane explained that during the recession in 2007, the City’s total debt was high, and there were little reserves. In comparison, now, 12 years later, taxes are lower, reserves are replenished, the City has minimal debt that continues to drop off, and funds are available to allocate to large-scale projects like the Donax wastewater project.

Noteworthy from the budget is that Sanibel has received approximately $3.3 million of the $3.9 million expected from FEMA and the State of Florida for reimbursement of Hurricane Irma expenditures. If there are additional disaster needs through the end of hurricane season, the City has secured a $5 million line to use for immediate expenditures.

sanibel-fire-logo-e1539870118355New Website – Sanibel Fire & Rescue District

In compliance with State mandates, Sanibel Fire & Rescue District recently launched its new website at www.SanibelFire.com. It includes meeting dates, agenda, minutes, etc.

Island “Season” Begins & With Annual Events

  • San-Cap Motor ClubThe first Cars & Coffee Cruise-in of the season begins this week. Saturday, Oct 5 at Periwinkle Place Shopping Center from 9 to 11 a.m. with a lineup of classics, muscle cars, antiques, hot rods, and other vehicles on display. The Club usually holds this event the first Saturday of each month through season.
  • Sanibel Farmers Market – begins this week. See you there Sunday, Oct 6, on the grounds of City Hall (8 a.m. to 1 p.m.). Be sure and bring your recyclable bag – or buy one there. The market is both straw and plastic bag free! More info at www.BuyLocalLee.com
  • BIG ARTS Community Chorus – fall schedule runs from Oct 15 to Dec 9. While the new BIG ARTS building is under construction, chorus meets Tuesday evenings from 6 to 8 p.m. at The Strauss Theater. Join SanibelSusan who’s been with the group since it began in the early 90’s. No auditions are required, all ages and abilities welcome. Fall performances include: Sunday, Nov 24 at Community Thanksgiving Celebration at The Community House; Friday, Dec 6 at Center-4-Life Luncheon at the Sanibel Rec Center; Friday, Dec 6 at Bailey’s Shopping Center for Luminary caroling; Tuesday, Dec 10 Holiday Concert. The spring schedule runs from Jan 7 to Mar 31, with rehearsals beginning Jan 28 at the new Performance Hall. Spring performances include: Saturday, Jan 25 at BIG ARTS Gala showcasing the new building and performance hall; Wednesday, Feb 19 at Annual FISH Luncheon at The Community House; Thursday, Mar 19 at Center-4-Life Dinner at The Sanibel Rec Center; Wednesday & Thursday, Apr 1 & 2 Spring Concerts at new BIG ARTS Performance Hall.
  • Howl-O-Ween Fundraiser – Friday, Oct 27, 5 to 7 p.m. at Over Easy Café patio. Includes pet costume contest and fundraiser to benefit Flying Fur Animal Rescue. $10 donation includes beer, wine, and yappitizers.
  • 38th Annual Taste of the Islands – CROW’s annual fundraiser featuring local island restaurants is Sunday, Nov 10 from noon to 5 p.m. at Sanibel Community Park (across the street from SanibelSusan Realty). Established in 1968, the Clinic for the Rehabilitation of Wildlife (CROW) is a teaching hospital saving sick, injured, and orphaned native and migratory wildlife. Through state-of-the-art veterinary care, public education, and an engaging visitor center, CROW works to improve the health of the environment, humans and animals through wildlife medicine. For more info, or to plan your visit, go to http://crowclinic.org . If you find an animal needing help, call (239) 472-3644 ext. #222.
  • SCCF’s Wine in the Wild – Friday, Nov 15 from 6 to 9 p.m. at The Bailey Homestead Preserve. Usually a sell-out, tickets will NOT be available at the door. Five food stations will be set up each featuring a dish from one of Sanibel’s finest kitchens – Catering by Leslie Adams, Cielo, Malia, Sanibel Catering Company, and Sweet Melissa’s Café. Each will be paired with a wine. Dessert buffet by Normal Love confections, followed by live auction. Reservations through Linda Uhler at 239-472-3817.

 

Upcoming at J.N. “Ding” Darling National Wildlife Refuge

  • EveryKidOutdoors LogoEvery Kid Outdoors Program – The U.S. Department of Interior recently extended the Every Kid Outdoors Program (formerly Every Kid in a Park) for another seven years. The program grants fourth-grade students a free annual pass to visit more than 2,000 federal recreation areas – including J.N. “Ding” Darling National Wildlife Refuge — with their families, classmates, and friends. To obtain the free pass, fourth-grade students visit www.everykidoutdoors.gov , participate in a short educational activity, and download a voucher. The voucher is valid for multiple uses between Sep 1, 2019, and Aug 31, 2020, to correspond to the traditional school year. The voucher may be exchanged for a keepsake pass at “Ding” Darling or other participating federal lands. The voucher or pass allows free entry for fourth graders, all children under age 16 in the group, and up to three accompanying adults (or an entire car for drive-in public lands like “Ding”) to most federally managed lands and waters. The pass does not cover amenity fees such as kayak rentals or boat rides.
  • Ding Darling DayDing’ Day Combines Art with Family Fun – Two-time Federal Duck Stamp winner Scot Storm will travel from Minnesota to headline the “Ding” Darling Day Duck Stamp Presentation on Sunday, Oct 20, from 1 to 1:45 p.m. He will sign stamps following his presentation. Florida Junior Duck Stamp winner Anna Grace Swanson from Titusville will also be on hand to meet and greet. “This year, we have folded Conservation Art Day together with ‘Ding’ Darling Day Family Fun Day,” said Supervisory Refuge Ranger Toni Westland. Go to www.dingdarlingsociety.org/articles/ding-darling-days  for a full schedule of activities. Duck Stamp
  • Merit Badge University – On Oct 26, the Refuge will host its second annual Merit Badge University for registered Boy Scouts of America. Support for the program comes from the “Ding” Darling Wildlife Society, LCEC, and Tarpon Bay Explorers, the Refuge’s recreation concession. Scouts from around the nation will have the opportunity to earn up to two out of six badges being offered that day. Ding Merit BadgeThey include Bird Study, Photography, Cycling, Kayaking, Fishing, and Fly Fishing. Class sessions run from 9 a.m. to 12 noon and 12:30 to 3:30 p.m.

Sanibel & Captiva Islands Multiple Listing Service Activity September 27 – October 4, 2019

Sanibel

CONDOS

2 new listings: Sanibel Shores #A2 2/2 $459K, Sanibel Arms West #H5 2/2 $559K.

5 price changes: Sundial #A306 2/2 now $729,999; Sanctuary Golf Villages #5-1 2/2.5 now $754.5K; Heron at The Sanctuary II #2B 3/3.5 now $778K, Heron at The Sanctuary II #3B 3/2.5 now $850K, Sundial #K103 2/2 now $889K.

3 new sales Breakers West #A5 2/2 listed at $499.9K, Island Beach Club #210B 2/2 listed at $739K. Pine Cove #201 3/2 listed at $1.395M (our listing, view below).

Lanai d

1 closed sale: Sundial #I103 1/1 $435K.

HOMES

8 new listings: 9440 Cotten Ct 3/2 $650K, 749 Cardium St 3/2 $689K, 4397 Gulf Pines Dr 3/3 $795K, 9094 Mockingbird Dr 4/3.5 $895K, 1345 Eagle Run Dr 3/2.5 $1.12M, 1081 Captains Walk St 4/2.5 $1.195M, 1717 Venus Dr 3/2.5 $1.299M, 747 Windlass Way 4/3.5 $2.45M.

3 price changes: 9448 Begonia Ct 3/2.5 now $599K (our listing, pictured below), 1973 Wild Lime Dr 4/3 now $599.9K, 911 Almas Ct 3/2.5 now $1.375M.

Image 3 c.jpg

6 new sales: 1365 Tahiti Dr 2/2 listed at $449K (our listing, pictured below), 1695 Serenity Ln 3/2 listed at $499K, 1731 Serenity Ln 4/3 listed at $639K, 1586 Century Ct 3/2.5 listed at $665K, 4080 West Gulf Dr 3/2 listed at $995K (our buyer), 772 Birdie View Pt 3/3.5 listed at $1.189M.

default

1 closed sale: 980 Sand Castle Rd 3/3 half-duplex $509K.

LOTS

3 new listings: 1872 Middle Gulf Dr $495K, 2299 Starfish Ln $549K, 1874 Middle Gulf Dr $979K.

1 price change: 1048 Fish Crow Rd now $394.9K.

No new sales.

1 closed sale: 0 Dinkins Lake Rd $240K.

Captiva

CONDOS

1 new listing: Beach Homes #11 4/3 $2.35M.

No price changes.

1 new sale: Gulf Beach Villas #2004 2/2 listed at $638K.

No closed sales.

HOMES

1 new listing: 10 Sunset Captiva Ln 2/2.5 $995K.

1 price change: 15819 Captiva Dr 5/5 now $9.1M.

1 new sale: 14981 Binder Dr 3/3 listed at $995K.

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.

Until next Friday! If you are thinking about wintering on Sanibel, please don’t delay buying or making reservations.

Susan Andrews, aka SanibelSusan

 

Sanibel/Captiva Real Estate Action This Week


cartwheelHappy Friday! It has been a week with a little more activity on the islands. Our listings certainly got more action, including two sales and a couple of price reductions. Teammates and I were out showing and viewing property, and we also got two new listings. Hopefully, this is an indication that the market is picking up.

A report with the details of the action since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of news items below.

Sanibel & Captiva Island Association of Realtors®

Sanibel realtors logoThis week, there was no Thursday morning Realtor® caravan of new listings. The bi-weekly summer schedule ends at the end of October when it reverts to every week. Our new listing at Pine Cove #201 will be open for caravan next week (9 a.m. to noon).

SCCF Sea Turtle Program 2019

kemp turtleDetails about the 2019 Sea Turtle tagging project are in “SCCF’s Member Update” Oct 2019 issue. Since the project began in 2016, their team has documented 1,178 encounters with turtles on the beach at night, representing 587 unique individuals. When a turtle is encountered, she is scanned for existing tags, tagged if none are found, and measured with calipers and a measuring tape.

Of the 587 seen, 236 have been encountered more than once. Sea turtles don’t nest every year – each individual lays approximately 3-6 nests over the course of the season and then spends a year or two foraging to replenish her energy reserves before returning to the nesting beach.

The 2019 season is the 4th year of the tagging project. “Highlights of the 2019 tagging season include:

  • A new record of 353 documented turtle encounters from May 1 – July 31
  • Six green sea turtles seen on Sanibel, totaling 18 observed nests
  • The average loggerhead carapace size was 94.5 cm (slightly over 3 feet), with their largest loggerhead measuring at 115 cm (almost 4 feet long).
  • Staff interacted with 1,126 beachgoers at night to educate them about the impacts of flashlights on sea turtles.”

More info at www.SCCF.org.

A Mixed Economic Picture Ahead

REALTOR-Magazine_Logo_An interesting update in the September-October 2019 “Realtor®” magazine by NAR’s chief economist, Lawrence Yun. He says, “Home building is accelerating, but sales continue to lag.”

“Annual home sales have been moving sideways in recent years: 5.4 million in 2016, 5.5 million in 2017, and 5.3 million in 2018. As of June, this year’s total stands to be 5.2 million on an annualized basis.

“These flat numbers make little sense in light of the decent economy. From 2016 through the first half of 2019, the economy added 8 million net new jobs at higher pay. Moreover, household net worth grew by $13.5 trillion, thanks to the rising stock market and surging real estate prices. The unyielding homeownership rate has lead to a more concentrated build-up in wealth than if ownership had expanded.

“Perhaps reduced tax benefits for homeowners is the main reason the home sales have become sluggish. Fortunately, the market is shifting for the better because of amazing mortgage rates. The Federal Reserve’s decision to be more accommodating has brought mortgage rates down to under 4%. The housing supply remains a hurdle but steadily homebuilders are responding by building more spec homes and at lower price points, where the demand remains the strongest. Realtors® are also witnessing an uptick in seller inquiries in our consumer survey. Consequently, pending contracts rose in June in all major U.S. regions, marking the first year-over-year gain in 17 months. Barring headaches over inspections, appraisals, and mortgage funding, closing activity is expected to shoot higher in the second half of the year.

“And the economy still has room to grow. Home building needs to increase robustly to address the inventory shortage. And falling vacancy rates in office, industrial, and apartment properties suggest commercial construction needs. The main looming worry is the impact of the intensifying trade war on corporate investment and the stock market. In a good economy, business investment should be rising around 5% or more – certainly roughly in line with the growth in profits, which have soared. That’s not happening, and it’s of concern.”

Fall Home Checklist

Florida Realtors logoWhether you are in Florida or elsewhere, here is a good Fall Home Checklist reminder taken from an article posted in the September issue of Florida Realtor® magazine:

Exterior

  • Trim tree branches and vegetation near roof
  • Check roof, siding and foundation for damage
  • Check chimney for loose bricks and missing mortar
  • Clean gutters and downspouts. Make sure water doesn’t pool around foundation
  • Seal gaps and holes that could provide access for animals
  • Replace loose or missing caulking around windows and doors
  • If area is subject to freezes, shut off exterior faucets and irrigation system and store hoses

Interior

  • Check attic and crawl spaces for leaks and moisture after wet weather
  • Check caulking around faucets showers, bathtubs, sink and toilets
  • Check faucets and supply valves for leaks or corrosion
  • Inspect water heater for leaks
  • Test smoke and carbon monoxide detectors
  • Have a professional inspect/clean the chimney. Test fireplace flue for tight seal
  • Test circuit breakers and ground-fault/arc-fault interrupters
  • Consider hiring a professional to inspect and tune up your furnace/HVAC system
  • Change HVAC system filters and remove any materials that block return air vent
  • Clean dryer vent.

Sanibel & Captiva Islands Multiple Listing Service paragon black knight logoActivity September 20 – 27, 2019

Sanibel

CONDOS

3 new listings: Sandpebble #1A 2/2 $449K, Signal Inn #18 3/2 $1.175M, Pine Cove #201 3/2 $1.395M (our listing).

Lanai c

From the wrap-around balcony at Pine Cove #201.

2 price changes: Signal Inn #10 1/1 now $499.9K, Signal Inn #14 2/2 now $739K.

3 new sales: Sanibel Arms West #I1 2/2 listed at $569K, Sunset South #6B 2/2 listed at $575K, Sanibel Moorings #1341 2/2 listed at $680K.

1 closed sale: Pointe Santo #B2 2/2 $640K.

HOMES

4 new listings: 1365 Tahiti Dr 2/2 $449K (our listing), 1695 Serenity Ln 3/2 $499K, 1672 Hibiscus Dr 3/2 $959K, 1121 Skiff Pl 3/3 $995K.

20190927_102647.jpg

1365 Tahiti Dr in Tradewinds

6 price changes: 405 Tiree Cir 3/2 now $749K, 1672 Hibiscus Dr 3/2 now $959K, 5402 Osprey Ct 4/3 now $975K, 842 Limpet Dr 3/3.5 now $2.095M (our listing), 1069 Bird Ln 4/3.5 now $4.795M, 4143 West Gulf Dr 3/3.5 now $5.795M.

DCIM100MEDIADJI_0795.JPG

842 Limpet Dr in Shell Harbor

5 new sales: 681 Rabbit Rd 3/2 listed at $549K, 1558 Sand Castle Rd 3/2 listed at $599K (our listing), 1010 Kings Crown Dr 3/3 listed at $1.095M, 1345 Tahiti Dr 3/2.5 listed at $1.15M, 4709 Rue Belle Mer 3/2 listed at $3.125M.

default

1558 Sand Castle Rd in The Dunes

3 closed sales: 1203 Kittiwake Cir 3/2.5 $505K, 640 Oliva St 3/2 $649K, 2689 Wulfert Rd 4/5.5 $1.6335M.

LOTS

No new listings.

1 price change: 2133 Starfish Ln now $389K.

1 new sale: 5737 Baltusrol Ct listed at 299K (our listing).

zpfile003

5737 Baltusrol Ct in The Sanctuary

No closed sales.

Captiva

CONDOS

1 new listing: Sunset Beach Villas #2217 1/1 $510K.

No price changes or new sales.

1 closed sale: Sunset Captiva #204 2/2 $1M.

HOMES

1 new listing: 11540 Laika Ln 3/2.5 $1.375M.

1 price change: 16525 Captiva Dr 3/4 now $1.495M.

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.

Until next Friday, Susan Andrews, aka SanibelSusan

A Sunny Warm Grateful Friday on Sanibel Island


It is SusanSusan reporting that all is well on Sanibel after a fearful few days of Dorian-watching. It certainly was heart-breaking to see the devastation in the Bahamas. The Sanibel & Captiva Islands Association of Realtors® has teamed with the Over Easy Café and is a drop-off point for Bahamas donations. The first two days of contributions at Over Easy have already been delivered to their next destination, with collections continuing for at least another week.

As probably expected, the holiday weekend here turned into a bust with many visitors/vacationers opting to cancel their plans. There has been very little traffic on Periwinkle all week. Some pretty spectacular sunrises and sunsets, though.

Sanibel sunset 2011

SanibelSusan Realty Associates

Though a quiet week, the team and I were happy to get a new listing in Sanibel Bayous over the weekend. Then, on Tuesday, teammate Dave got all of our listing “for sale” signs back in place.

paragon black knight logoThe Sanibel & Captiva Islands Association of Realtors® transition to their new Multiple Listing Service continues for the second week with kinks continuing to be worked out as the system and its reports are fine-tuned to our geographic areas. If you previously received automatic email updates about a particular property type, those databases did not convert with the transition, but I am s-l-o-w-l-y setting up new searches so that you will begin receiving listings again.

The new system offers a Collaboration Center where both prospective buyers and sellers may access the system, make changes to their search criteria, save favorite listings, delete others, and request additional information. If you would like your email address to be set up for a search followed by automatic notifications, just let us know.

sundial-logoMid-week, Dave and I visited a couple of condos at Sundial Resort. It was surprising to see so few vehicles there, but like at other complexes in September, associations are making good use of the downtime. At Sundial West, the building walkways and stairs were being pressure washed.

At our listing at Sanibel Arms West, the building is being painted this month, with no rental bookings allowed until Oct 5. Showings still will be permitted, however, so we are trying to drum some up. It gets tough with income-producing properties to get access “in season”, so now is a good time for those investors to be looking.

View c

View from Sanibel Arms West #E2

At the Caravan Meeting yesterday at the islands’ Association of Realtors®, there were few announcements, and no new listings were open for viewings. That break in the usual program provided a nice opportunity for me to pass along a couple of the “giving keys” that I purchased recently at the Florida Realtors® RPAC Jamboree. “Giving keys” are typical-looking house keys, but each is stamped with an inspirational word. Worn on a chain around your neck. “Giving keys” are to be enjoyed, then shared, by passing them along to someone else who also may be inspired by their message. I passed along three keys, “hope”, “trust”, and “strong” to Association members Kasey Albright, Megan Rose, and Mary Lou Bailey, encouraging them to also “pay them forward”.

After a couple of news items below, you will find an update of the activity posted in the Sanibel & Captiva Multiple Listing Service since last Friday.

Temporary Closings

dining clip artThe Chamber of Commerce has posted the below list of island temporary restaurant closures. As in past years, many take staff vacations now, do annual deep cleans, and fix-ups before “season”.

Restaurants Closed
Blue Rendezvous French Bistro Now through Oct
Blue Giraffe Sep 2-16
Gramma Dot’s Sep 3-26
Il Cielo Now through Oct
Joey’s Custard Sep 20-Oct 3
Lighthouse Waterfront Restaurant Month of Sep
Over Easy Café Sep 9-19
Pecking Order Closed Sundays thru Sep
Sand Dollar (Sanibel Island Beach Resort) Breakfast only

Dinner only Fri & Sat

Schnapper’s Sep 3-16
Sweet Melissa’s Sep 8-30
Traders Sep 16-30
T2 Sep 16-30
Traditions Closed Sundays thru Oct 20

Closed Sep 1-22, & Nov 16

Island Cinema – Also closed temporarily for annual maintenance is Island Cinema in the Bailey’s Shopping Center. It is closed all month and expects to reopen in early Oct.

rosieRosie’s Café & Grill is back. After a year-long absence Rosie’s reopened recently in its former location in Palm Ridge Place. The restaurant dates back a few decades when it went by the name Rosie’s Deli & Market and was on Sanibel’s east end. The 4th generation of owners, Joanne Fitzgerald and Irving Gavin, bought the restaurant in 2009 when it was still on the east end. (Gavin is the son of Eugene, of the well-known Gavin family that settled on Sanibel in 1914.)  The restaurant relocated to its current location, reopening in 2012 under the name Rosie’s Café & Grill. Currently serving breakfast and lunch; dinner will be available in-season starting in Nov. In addition to their former menu and Royal Scoop ice cream, Rosie’s now serves barbeque and soon will expand with a new bakery. Hours now are 8 a.m. to 3 p.m. Sunday and Monday, and 8 a.m. to 6 p.m. Tues through Sat.

Upcoming Events

PrintCaptiva Triathlon – is this weekend, Sat and Sun Sep 7 and 8. As a reminder, Captiva Drive will be closed tomorrow at 6:45 a.m. and remain closed until the bike segment of the race is complete. The USAT-sanctioned adult sprint triathlon is a ¼-mile swim, 10-mile bike, and 3.1-mile (5K) run on Captiva. The swim will be in the open waters of the Gulf of Mexico, the bike will cover the length of Captiva on closed roads, and the run will be on the golf course path along the Gulf and Redfish Pass at South Seas Island Resort. On Sunday, there will be three age groups for the USAT National Splash n’ Dash race:

  • Ages 6-8: 100-yard swim, 0.5-mile run
  • Ages 9 & 10: 100-yard swim, 1-mile run
  • Ages 11-15: 200-yard swim, 1-mile run

The race is to benefit Community Cooperative’s Growing Healthy Kids and Mobile Food Pantry programs. More info at https://www.gearedup.biz/.

Sanibel Sea School2nd Annual Flip-Flop Family Scavenger Hunt – This Sanibel Sea School fundraiser will kick-off at 10:30 a.m. on Saturday, Oct 5, at Saint Michael & All Angels Episcopal Church at 2304 Periwinkle Way. At check-in, each scavenger team (up to eight individuals) will be given a book of clues and challenges, each worth a set number of points. Included are clues that could be easily solved by younger children. Through the hunt, participants will use their knowledge of the island, marine biology, and local folklore to earn points. Along the way, teams will visit several Sanibel locations, where they may be asked to take a photo or bring back a specific shell or artifact to prove the visit. The Sea School says, “The key to hosting a successful scavenger hunt is creating clues that can be solved by anyone in the family, no matter their age.” The event is expected to be completed by 3 p.m. At the finish line check-in station, staff will tally all points collected by each team. Those teams will be able to “buy” letters with their points earned in order to solve the final puzzle. The team that solves the final puzzle correctly first will determine the winner, but that might not necessarily be the team that tallies the most points. Cost to participate is $25 per person. Participants must provide their own transportation. All proceeds will support the nonprofit’s scholarship fund which provides ocean experiences to thousands of area children each year. Tickets may be purchased on line at www.sanibelseaschool.org/flipflopfundraiser or by calling 239-472-8585.

Crow classic 2019Annual CROW Classic Golf Tournament – Also on Saturday, Oct 5 at The Sanctuary is the annual CROW Classic Golf Tournament. Shotgun starts at 12:30 p.m. with check-in at 11 a.m. and lunch at 11:30. Player registration is open to 100 golfers. It features 18 holes, a helicopter ball drop, and chances to score prizes. Players may sign up as a foursome, or as individuals and will be matched up as a team. All of the proceeds from the tournament will benefit the animals at CROW, their care, public education, training, etc. The community is encouraged to sign up to play or purchase some helicopter balls. Players can register to play (through Sep 16) and players/non-players can purchase balls (through Oct 3) at www.CROWClinic.org.

Positive Trends for Florida Real Estate

Posted yesterday on LinkedIn by local Realtor® colleague Wendy Humphrey with Premier Sotheby’s International Realty:

“SALT, the cap on state and local tax deductions, is likely to lead to a Florida population boom according to estimates from Demographic Estimating Conference.

“The controversial $10,000 cap on state and local tax deductions encourages moving cash from high tax northern states to lower-tax states like Florida while it remains in effect. It is due to expire in 2025.

“Then there’s actually some relatively good news for Florida and other southern states regarding global warming.

“Data from the National Oceanic and Atmospheric Administration which examines annual temperatures for the U.S. indicates warming is very uneven with some states barely warming at all.

The Washington Post“Northeastern states and Utah, Colorado and Wyoming have experienced extreme warming while many southern states have experience little change. Some have even cooled slightly. Florida has seen slight to moderate change. For the full report go to The Washington Post of August 13, 2019.

Sanibel & Captiva Islands Multiple Listing Service Activity August 30 – September 6, 2019

Sanibel

CONDOS

4 new listings: Ibis at The Sanctuary #B102 2/2 $489K, Sanddollar #A101 2/2 $1.25M, Sundial #E108 3/2 $1.3M, Cyprina Beach #1 3/3 $1.45M.

No price changes or new sales.

2 closed sales: Seashells #42 2/2 $375K, Bandy Beach #B101 3/2 $1.185M.

HOMES

2 new listings: 1203 Kittiwake Cir 3/2.5 $539K, 1954 Roseate Ln 3/2 $599K.

3 price changes: 9195 Dimmick Dr 2/2 now $424K, 430 Old Trail Rd 3/2.5 now $599K, 743 Windlass way 3/2 now $669K.

2 new sales: 1305 Eagle Run Dr 3/2.5 listed at $998.5K, 2915 Wulfert Rd 5/.5 listed at $2.875M.

No closed sales.

LOTS

DCIM101MEDIADJI_0180.JPG

Lot at 4566 Buck Key Rd in Sanibel Bayous

1 new listing: 4566 Buck Key Rd $149K (our listing).

2 price changes: 1219 Par View Dr now $299K, 1305 Seaspray Ln now $599K.

No new or closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

No new listings, price changes, or new sales.

1 closed sale: 11530 Laika Ln 4/4 $1.797M.

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 fridayUntil next Friday, wishing everyone a great weekend & week,

Susan Andrews aka SanibelSusan

Let’s Continue to Celebrate the U.S.A.


It was another wonderful July 4th on sunny Sanibel. Or at least sunny most of the day. We had a big turnout at the office at 9 a.m., ready for parade viewing.

Then 12 hours later, right at 9 p.m., as scheduled, the City fireworks show over San Carlos Bay was spectacular. How they coordinated it between downpours was amazing. Thanks to all who made it such a special island holiday!

Here’s hoping yours also was a fun festive one.

Sanibel Susan Realty Associates

A holiday week sometimes means it’s a slow one for island real estate and this was no exception. Beyond the holiday festivities, there is not much local news to report, but since it is beyond the ½-year mark, it is a good time to revisit the Sanibel and Captiva real estate market. Off-island, the local news stations and papers have been reporting what the county Tax Assessor expects for annual appreciation in each city. I shake my head every July when this occurs, because what happens in the first half of the year doesn’t always reflect what will happen in the 2nd. Last year was a good example of that.

Another twist with island sales, is that more high-end closings usually occur early in the year, just a factor in their usually being two to three times more qualified buyers here all winter than during the summer.

This year sales lagged a little in getting started, but with gulf and bay waters still glistening and many clean water initiatives underway, my crystal ball says 2019 will turn out better than 2018. With the economy strong and plenty of nice inventory available, I predict good sales all summer. At SanibelSusan Realty, our June and July closings already far exceed the first five months of the year.

Below is a snapshot of the today’s Sanibel and Captiva inventory, compared to sales during the same period last year. The statistics also are shown comparing sales year-over-year. (Info from Sanibel/Captiva MLS, disclosure below applies.)

Average Sanibel sale prices lag 2018 for condos, homes, and lots. The number of Sanibel condo and home sales also are less than last year.

On Captiva, average condo and home prices are up, but the samplings are small, with fewer Captiva condos and homes sold than during the same time last year.

 

Property Type

Sanibel Captiva
Condos Homes Lots Condos Homes Lots
# Avg $ # Avg $ # Avg $ # Avg $ # Avg $ # Avg $
For sale 107 815,088 168 1,351,489 68 647,077 44 1,026,318 37 2,890,240 3 1,929,667
Under contract 15 654,837 28 870,916 1 149,000 1 469,000 6 3,360,832 0 N/A
Sold 1/1-7/5/2019 78 683,609 125 983,314 9 451,222 14 1,201,557 8 3,002,188 0 N/A
Sold 1/1-7/5/2018 96 743,571 158 1,214,614 9 478,556 17 912,933 12 2,163,442 0 N/A
Sold 2018 155 720,617 218 1,112,748 21 602,095 27 797,532 25 2,127,352 0 N/A
Sold 2017 140 728,793 186 1,004,237 32 327,229 34 671,551 22 2,457,023 2 2,312,500
Sold 2016 143 717,768 181 979,576 25 487,095 22 873,636 27 3,195,000 2 3,150,000

50th Anniversary of RPAC

As the National Association of Realtors® (NAR) celebrates the 50th anniversary of the REALTORS® Political Action Committee (RPAC), their biggest supporters were recognized with a surprise to represent their commitment to promoting and protecting real estate ownership and this milestone in NAR’s history.

In Washington, DC, in May for the REALTORS® Legislative Meetings & Trade Expo, their special guest speaker Phil Hansen unveiled an incredible piece of artwork that showcases all of the nation’s 2018 RPAC Major Investors – within the iconic image of the NAR building in DC overlooking the U.S. Capitol.

You too can see the image at https://realtorparty.realtor/rpac50#art. It was an honor in 2017 to be the first island Realtor® inducted to NAR’s Hall of Fame (those plagues are atop the same NAR building in DC). To then find my name on this amazing piece of art is exciting too. Either search for my name or zoom into frame “H3” and you will find it.

Commitment to RPAC equates to caring about real estate, personal property rights, and home ownership. Congratulations RPAC on your 50th anniversary.

Sanibel Bunnies

The July/August 2019 issue of the Sanibel-Captiva Conservation Foundation (SCCF) member update includes info about island rabbits. Since last summer, their population here has increased dramatically. At Sanibel Square, I see at least two each evening when I close up and often make a game of counting how many I see driving home at night. My record count for that short drive (less than 3 miles) is 54 bunnies. At home in the evening just before sunset, at least one is munching my grass. They sure are cute! Below are some excerpts from SCCF’s article:

“The marsh rabbit (Sylvilagus palustris) is a native species in Florida and can be found throughout the state. Throughout most of their range they are considered a species of least concern for conservation purposes, but the Florida Keys subspecies, the Lower Keys rabbit (Sylvilagus palustris hefneri) is both state and federally endangered. Though they are from the same family as cottontails, marsh rabbits lack the signature white fluffy tail of their relatives.

“Marsh rabbits are strong swimmers and tend to walk using all four legs rather than hop like most rabbits. Their predators include alligators, owls, hawks, bobcats, and coyotes. In addition to threats from predators, flooding and hurricanes can take a toll on rabbit populations by flooding out their nesting habitat.

“Rabbits breed year-‘round in south Florida, but the peak of breeding takes place between December and June. The marsh rabbit’s preferred home is in wetland habitat, especially freshwater marshes. Over time, the landscape of Sanibel has changed significantly, leaving much less acreage of freshwater marshes and cordgrass swales. In the absence of natural fire regimes, many of these marshes have begun to fill in with hardwoods like buttonwood. Our freshwater marshes are not only important for our rabbits, but also for our only endemic animal species: the Sanibel Island rice rat (Oryzomys palustris sanibeli). Both of these small mammals are also important prey species for our native hawks and owls, who also suffer the loss of this important habitat type.

“SCCF and other agencies on the island conduct occasional prescribed burns to maintain healthy marshes and swales for the benefit of all our native wildlife. In addition to prescribed burns, SCCF mows some of these areas during the dry season and engages in mechanical removal of buttonwood.

“As our city’s vision statement says: “Sanibel is and shall remain a barrier island sanctuary, one in which a diverse population lives in harmony with the island’s wildlife and natural habitats.” Our native rabbit population is currently experiencing a natural boom, which will eventually subside. Below is a list of plants for your landscaping consideration. If you have questions about landscaping to attract or to naturally deter rabbits, please stop by our Native Landscapes and Garden Center at the Bailey Homestead Preserve….”

Plants that rabbits like to eat:

  • Firebush (Hamelia patens)
  • Gaillardia/Blanket Flower (Gaillardia pulchella)
  • Dune Sunflowers (Helianthus debilis)
  • Black-eyed Susan (Rudbeckia hirta)
  • Grasses-Muhley Grass (Muhlenbergia capillaris), Fakahatchee Grass (Tripsacum dactyloides), Sea Oats (Uniola paniculata), Dwarf Fakahatchee (Tripsacum floridanum)
  • Blue Porterweed (Stachytarpheta jamaicensis) • Tickseed (Coreopsis leavenworthii)

“Plants that rabbits don’t like to eat:

  • Red Salvia (Salvia coccinea)
  • Southern River Sage (Salvia misella)
  • Bahama Cassia (Senna mexicana var. chapmanii)
  • Cocoplum (Chrysobalanus icaco)
  • Coontie (Zamia pumila)
  • Quailberry (Crossopetalum ilicifolium)
  • Walter’s Viburnum (Viburnum obovatum)
  • Several aqautics: Blue Flag Iris (Iris virginica), Canna Lily (Canna flaccida), Lizard’s Tail (Saururus cernuus)
  • Wild Coffee (Psychotria nervosa)
  • Gopher Apple (Licania michauxii)”

Sanibel & Captiva Islands Multiple Listing Service Activity June 28-July 5, 2019

Sanibel

CONDOS

3 new listings: Seashells #12 2/2 $395K, Sundial West #I405 1/1 $435K, Sundial West #J201 1/1 $550K.

2 price changes: Sanibel Arms West #M1 2/2 now $511K, Pine Cove #202 3/2 now $1.4M.

1 new sale: White Caps #5 1/1 listed at $499.9K.

1 closed sale: Captains Walk #F4 1/1 $315K (our listing).

HOMES

2 new listings: 1390 Middle Gulf Dr 3/3 $499K, 1119 Seagrape Ln 2/1 $800K.

3 price changes: 632 Lake Murex Cir 3/2 now $725K, 4339 Gulf Pines Dr 3/2 now $750K, 1520 Angel Dr 5/5.5 now $1.595M.

3 new sales: 1175 Sand Castle Rd 3/3 listed at $738K, 6406 San-Cap Rd 3/3.5 listed at $899K, 5313 Punta Caloosa 4/3 listed at $899K.

2 closed sales: 1311 Sand Castle Rd 3/2 $875K, 2303 Troon Ct 3/3.5 $1.085M.

LOTS

2 new listings: 2486 Wulfert Rd $139K, 933 Strangler Fig Ln $495K.

2 price changes: 0 Island Inn Rd now $750K, 1800 Woodring Rd now $2.695M.

No new sales.

1 closed sale: 5618 Baltusrol Ct $305K.

Captiva

CONDOS

No new listings.

1 price change: Beach Villas #2417 1/1 now $510K.

No new or closed sales.

HOMES

No new listings.

1 price change: 16813 Captiva Dr 3/3 now $2.25M.

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.

May your holiday fun continue right through the weekend,

Susan Andrews, aka SanibelSusan

Why It’s a Good Banana Week


It’s Susan reporting another sunny Sanibel Friday following a busy Memorial Day weekend/week for The SanibelSusan Team. We got new listings, good activity with listings, and action items accomplished on upcoming closings too.

That’s the funny thing about this real estate business, once it seems too quiet, things can change with no logical explanation. Realtors® often say their work comes in bunches, like bananas. Let’s just say that it was a good banana week for SanibelSusan Realty.

I forgot last Friday to post the below photo taken by Kim at the West Wind Inn pool bar. Not-to-worry, it has looked exactly the same as this every day this week too – bright blue skies with sparkling clear gulf waters. Sometimes a few white puffy clouds come across from the mainland late in the day (if, as the locals say, they can afford the bridge toll). Soon they will bring rainy-season showers, but now it really is a wonderful time to be here with summer-like weather and very little traffic.

Sanibel & Captiva Islands Association of Realtors®

At our Sanibel & Captiva Islands Association of Realtors® Caravan meeting yesterday, a $5+K check was presented to the Sanibel-Captiva Conservation Foundation’s (SCCF) new CEO, Dr. Ryan Orgera. The Association raised this money during our recent annual end-of-season golf outing/auction. It will go toward SCCF’s water quality efforts. Additional raised funds raised at the same event are going to RPAC the Realtors® PAC that supports property issues like water quality, short-term rentals, flood insurance, and candidates that are pro-homeowner rights.

During the meeting announcements, I was happy to announce two new listings and two new sales. The activity posted this week in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below.

Monday morning, at the Association, I’ll be teaching the 2019 “Resort and 2nd Home Property” class to Realtors® looking to earn or update a Sanibel & Captiva Islands Specialist designation. Since authoring that class in 2012, I’ve updated and taught it every summer. It’s always a good exercise to confirm that Florida remains the state with the highest number of vacation and 2nd homes. (My home state of Maine remains the one that has the largest number compared to population.) The most popular vacation home destination is the BEACH.

The National Association of Realtors® periodically surveys investment and home buyers. Their latest survey shows that 72% of vacation property owners and 71% of investment property owners believe that now is a good time to buy. Here’s hoping that means more sales on the islands.

Is Vice President Pence Returning?

Yesterday, when Jim Anderson owner of JMA Photography stopped in to get a key for filming one of our new listings, he mentioned that he needs to get the drone aerials done quickly as the FAA (Federal Aviation Administration) has issued a notice that a “very important person is due to arrive on Sanibel on Friday for a five-day stay.”

Past similar announcements saying “VIP Movement Notification” were related to Vice President Mike Pence visiting. The Pences have vacationed on Sanibel for years, often staying at their friends’ home here (which SanibelSusan sold to them).

The Pence’s last island visit was just a short stay, March 1-3 when he flew into SW Florida International Airport on Air Force Two and his security detail came across the causeway late evening. He also returned to the area in late March to deliver a speech on religious freedom at Ava Maria University. Last year, the Pences were here for a week, spending Easter on the island.

Sea Turtle Nests Up This Year

Worried about fall-out from the water woes last summer, it was great news to read today in the “Island Sun” that the Sanibel-Captiva Conservation Foundation (SCCF) reports that sea turtle nest counts are up significantly from last year. Peak nesting for loggerheads typically occurs in mid to late June, so numbers are expected to grow too.

As of May 27, on Sanibel’s east end, there are 24 loggerhead nests, compared to 19 last year at this time. On Sanibel’s west end, there are 89 loggerhead nests and 2 green nests, compared to 59 loggerheads & no greens last year, same time. On Captiva there are 36 loggerhead nests compared to 22 in 2018. Hooray for the turtles. You can follow the nests at http://sccf.org/our-work/sea-turtles.

FREE Fishing Weekend

The Florida Fish & Wildlife conservation Commission (FWC) is offering a license-free saltwater fishing weekend tomorrow and Sunday, June 1 and 2, and a license-free freshwater fishing weekend next weekend on Saturday and Sunday, June 7 and 8. During these weekends a fishing license is not required for Florida residents or visitors. These free fishing weekends are part of the eight license-free fishing days FWC offers each year. All bag limits, closed areas and size restrictions still apply. More info about licenses at www.myFWC.com/license and fishing tips at www.myFWC.com/fishing.

What’s a Homeowners’ Association To Do With Surplus Funds?

Here are the question and answer response posted on Florida Realtors® news this week:

Question: I live in a homeowner’s association, and I have two questions regarding issues that are of concern to me. First, what is the board supposed to do when there is a surplus of funds at the end of the fiscal year and second, do I have a right to request a copy of the association’s receivable report from the association, as there has been a large amount written off as bad debts? – E.K., Port St. Lucie

Answer: Regarding your first question, the board of directors has a few options when actual expenses are less than anticipated at the end of the fiscal year. One option is for the board to carry over the surplus to the next fiscal year. Another option is to refund the surplus to the members. This option usually is not recommended.

A third option is for the board to vote to transfer the surplus of funds to a contingency reserve or other board-made reserve account. This is to be distinguished from reserve accounts subject to Section 720.303, Florida Statues, which were either established by a vote of the members or initially by the developer of your community.

In regard to your second question on the right to view the association accounts receivable report, you have a right to inspect this report pursuant to Section 720.303(4)(j), Florida Statutes.

“The association has a duty to maintain accounting records for seven years. You should verify whether the association has adopted a process for how to request an inspection and copying of the official records of the association and follow the adopted procedure.

“Harris B. Katz, Esq., is managing partner, Boca Raton of the law firm Goede, Adamczyk, DeBoest & Cross, PLLC. The information provided herein is for informational purposes only and should not be construed as legal advice. The publication of this article does not create an attorney-client relationship between the reader and Goede, Adamczyk, DeBoest & Cross or any of our attorneys. Readers should not act or refrain from acting based upon the information contained in this article without first contacting an attorney, if you have questions about any of the issues raised herein. The hiring of an attorney is a decision that should not be based solely on advertisements or this column. Editor’s note: Attorneys at Goede, Adamczyk, DeBoest & Cross, respond to questions about Florida community association law. The firm represents community associations throughout Florida and focuses on condominium and homeowner association law, real estate law, civil litigation, estate planning and commercial transactions.

© 2019 Journal Media Group, Harris B. Katz”

Florida Tax Holiday on Hurricane Supplies Begins Today

As posted this week on-line at Florida Realtors®:

“TALLAHASSEE, Fla. – May 29, 2019 – A little nudging for storm prep shouldn’t be necessary after Matthew battered Florida’s east coast in 2016, Irma essentially drenched the entire state in 2017, and Michael ground up a chunk of the Panhandle last year.

“Still, Floridians will have seven days to build a hurricane-season stockpile – including batteries, flashlights and radios – free of sales taxes, beginning Friday. “You’ll have the opportunity to get pretty much whatever you need. It is very important to do so,” says James Miller, the Florida Retail Federation’s external affairs director. “Make sure you have your disaster preparedness and emergency kits ready to go, because we ultimately will have a storm at some point.”

“The discount is part of a tax-relief package (HB 7123) that lawmakers and Gov. Ron DeSantis approved earlier this month. The week-long sales tax holiday is expected to save shoppers $800,000, nearly one-tenth of the total tax-package savings projected for the fiscal year beginning July 1, according to state economists.

The discounted items will likely coincide with hurricane-season enticements from businesses, such as Lowes, Home Depot and Harbor Freight, that are already highlighting the arrival of the six-month 2019 Atlantic Hurricane Season, which begins Saturday. “During that time, obviously all of the stores will be stocked in preparation for the holiday and in preparation hopefully for no upcoming storms,” Miller said.

“The discounted supplies are just part of what Floridians need to be prepared for any disaster, says Mark Wool, meteorologist with the National Weather Service in Tallahassee. “You need to be able to be self-sufficient, without the aid of anyone else, including EMS (emergency medical services), for three to five days,” Wool said. “We need a gallon of water per person and pet per day, non-perishable foods, flashlights, battery-powered radios, batteries for your flashlight, prescriptions, and make sure your gas tank is full.”

“Jim Zingale, executive director of the Florida Department of Revenue, encouraged all Floridians to exploit the “holiday.” “While living in and visiting Florida offers many benefits and advantages, it is important to keep the potential for severe weather hazards and threats in mind,” Zingale says.

“Items eligible for the May 31-June 6 tax break

  • Reusable ice that costs $10 or less
  • Self-powered light sources, $20 or less
  • Gas or diesel fuel tanks, $25 or less
  • Nonelectric food storage coolers, $30 or less
  • Packs of AA-cell, AAA-cell, C-cell, D-cell, 6-volt or 9-volt batteries, $30 or less
  • Self-powered radios, two-way radios or weather-band radios, $50 or less
  • Tarpaulins or other flexible waterproof sheeting, $50 or less
  • Tie-down kits, $50 or less
  • Portable generators, $750 or less
  • The rental or repair of items doesn’t qualify for the exemption, and items sold at airports and theme parks aren’t included in the deal.”

Source: News Service of Florida, Tom Urban, Jim Turner

Sanibel’s Summer Youth Activities

Yesterday was the last day of school in Lee County public schools. For families looking for something for children to do over the summer, the City of Sanibel and several island organizations still have openings for a variety of programs and camps. Here are a few:

Sanibel Recreation Center – Summer Day Camp, a 9-week traditional camp from June 3 to August 2, Monday to Friday from 8 a.m. to 5 p.m. (no camp July 4). Available for children entering kindergarten through eighth grade. More info at www.MySanibel.com

Sanibel Sea School – camps on marine-related topics from early June to early August. Most are day camps for ages 6-13 Monday to Friday from 9 a.m. to 4 p.m. There also are half-day camps for ages 4-6 or “Sea Squirts” from 9 a.m. to 2 p.m. Most include time at the beach with island skills camps for little ones, and paddle-boarding and reef snorkeling for teens. There too are several overnight camping expeditions for ages 11-12 and 13-15, separately. Visit www.SanibelSeaSchool.org/sanibel-camps for more info.

The Community House – Home to the Culinary Education Center of Sanibel, kids summer cooking classes are offered from July 29 to Aug 2 for ages 8-14. A second camp is scheduled for August 5-9. (both are 9 a.m. until noon). More info at www.SanibelCommunityHouse.net .

Sanibel & Captiva Islands Multiple Listing Service Activity May 24-31, 2019

Sanibel

CONDOS

5 new listings: Mariner Pointe #1041 2/2 $484K, Sanibel Moorings #1622 2/2 $499K, Yacht Haven #4 3/2 $899K, White Pelican #114 2/2 $988K, Tarpon Beach #104 2/2 $1,149,555.

4 price changes: Sanibel Arms #C7 1/1 now $399.9K, Sunset South #6B 2/2 now $596.5K, Pointe Santo #D21 2/2 now $629K, Seawind II #2 2/2.5 now $876.5K.

1 new sale: Spanish Cay #F7 1/1 listed at $249K.

5 closed sales: Sundial #H108 1/1 $415K, Loggerhead Cay #471 2/2 $522.5K, Kings Crown #210 2/2 $775K, Sanddollar #C203 3/2 $1.15M, Sanibel Surfside #231 3/3.5 $1.2M.

HOMES

2 new listings: 730 Cardium St 2/2 $599K, 1558 Sand Castle Rd 3/2 $749K (our listing).

View from 1558 Sand Castle Rd

8 price changes: 6447 Pine Ave 3/2.5 now $595K, 4245 Gulf Pines Dr 3.2 now $695K, 9401 Beverly Ln 3/3 now $739K, 405 Tiree Cir 3/2 now $755K, 218 Daniel Dr 3/2.5 now $799K, 534 N Yachtsman Dr 3/2 now $969K, 772 Birdie View Pt 3/3.5 now $1.139M, 2915 Wulfert Rd 5/6.5 now $2.895M.

6 new sales: 1886 Farm Trl 3/3 listed at $629K, 640 Oliva St 3/2 listed at $649K, 4779 Rue Helene 3/3.5 listed at $699K, 556 Chert Ct 4/3 listed at $799K (our listing), 9454 Calla Ct 3/2 listed at $889K, 1561 San Carlos Bay Dr 3/4 listed at $2.395M.

556 Chert Ct

5 closed sales: 651 Donax St 4/2 duplex $475K, 328 Palm Lake Dr 3/2 $546.5K, 1159 Golden Olive Ct 3/2 $1.14M, 2282 Wulfert Rd 4/4.5 $1.34M, 2332 Troon Ct 4/5 $1.525M.

LOTS

No new listings or price changes.

2 new sales: 9270 Kincaid Ct listed at $149K (our listing), 5618 Baltusrol Ct listed at $339K.

9270 Kincaid Ct

No closed sales.

Captiva

CONDOS

No new listings.

1 price change: Seabreeze #1253 3/3 now $1.6999M

No new sales.

1 closed sale: Beach Villas #2418 2/2 $655K.

HOMES

1 new listing: 42 Oster Ct 2/2.5 $1.095M.

1 price change: 17030 Captiva Dr now $7.4M.

1 new sale: 11530 Laika Ln 4/4 listed at $2.13M.

1 closed sale: 56 Sandpiper Ct 2/2.5 $825K.

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, we’re hoping for more bananas! Susan Andrews, aka SanibelSusan

Sanibel Bunnies, Easter, & Real Estate


Though the national news this week has been filled with reports of late snow and winter storms up north, on Sanibel and Captiva Islands the weather again has been almost summerlike, including a couple of midweek showers.

marsh bunnyHere at SanibelSquare the bunny population continues to explode. I haven’t been able to get to my phone quickly enough to get a photo of the entire group at once. Usually when I am leaving in the office in the evening, I am the last car out of the parking lot. That’s when they are out chowing down on the grassy area in front of my car.

I’ve seen as many as six together (three grown-ups and three small ones). They sure are cute. I’m featuring a few photos of them in my Easter ad next week in the “Island Sun”.

SanibelSusan’s Real Estate Market Predictions

An island homeowner who lives in Gumbo Limbo dropped in at the office recently and asked about the real estate market. He often bikes his neighborhood and was surprised to see so many “for sale” signs.For sale sign

Gumbo Limbo probably offers a good market representation. Today, there are 13 homes for sale there. In a community with fewer than 200 properties, to the passer-by, that may seem alike a lot for sale at once. Looking at the community’s sales history, in 2017, 12 Gumbo Limbo homes sold. Last year, only six, plus a vacant lot. Year-to-date one home has sold and closed, while two other homes and our lot listing are under contract.

Do these numbers reflect that inventory is up and are prices down? Yes, inventory is up and prices may be trending down, but it probably is too soon to make that prediction. I prefer to view the status of the market today as a correction to the downturn caused by the water quality issues of last summer.

When I stopped on my way home midweek to view the progress at our bayfront listing that is undergoing renovation, I couldn’t help but take a couple of pictures of the water in San Carlos Bay (see below). Unlike its appearance last fall, it was as beautiful as I remember seeing it, in all my 30-some years here. You know the look, sparkling clear and bright teal in color, like often photographed in the Caribbean.

04-10-19 San Carlos 104-10-19 San Carlos 2

Inventory is up because there have been fewer sales. Fewer visitors came to the island this winter. Traffic reports about causeway traffic indicate that fewer cars came onto the island last month which usually is the busiest month here. Late 2018 traffic was off even more. I’ll never forget the times last year that I drove across the causeway and did not see a vehicle (on land or water) or a person or bird in any direction. It was eerie.

The good news is that from that catastrophe, more positive “water” things are happening, more people are involved, more water solutions are in the works, more money is being allocated to fund solutions, and construction is underway on others. Unfortunately, the results of those efforts take time to implement. Seems that the good news takes longer to disseminate than the bad news – which seems to spread fast!

Perhaps some would-be first-time island winter visitors this year decided to vacation elsewhere. Can’t blame them for that, if they don’t really know what the beaches and waterways really are like. Future rental bookings with many income-producing properties are showing less income this year too.

What will happen to the islands’ real estate market in the upcoming months? That’s tough to predict. Often there are buyers that return in the spring who are folks that vacationed here in the winter but could not view all the listings that met their requirements. This year there are plenty of choices for those returning prospects.

In the spring, do these buyers sometimes try to negotiate better terms thinking sellers may not want to hold a property over the slower summer selling season which also is hurricane-prone rainy season? I’m sure you know the answer to that.

Some folks think the economy and political unrest are affecting the market today. They may be true to some extent, but I think that island lovers will continue to see the value in owning a piece of paradise where winter weather is tropical, development is controlled, island ambience is like stepping back in time, and concerned citizens are pro-environment and taking action to protect the areas we live in, work in, and love.

Some also say that the upcoming Federal elections in 2020 will affect real estate sales here. It could be that the islands are immune to that hype. Historical data does not support that elections affect sales, other than maybe the few days around and including the actual voting day.

crystal ballMy crystal ball says that provided there are no national emergencies or hurricanes, the Sanibel and Captiva market will continue to rebound from the downturn of last year. Yes, it’s a good time to buy because there is plenty of good inventory, but it also is a good time for sellers, particularly those that have their properties priced right.

Upcoming Holiday Happenings

In response to inquiries about events over the holiday next weekend, here is a summary:

Helping Those Needing a Hand-Up

F.I.S.H. of Sanibel-Captiva is assembling Easter food and bunny baskets for those in the community needing a hand-up during the holiday. To donate items, please call 239-472-4775. Distributions will be on April 17 & 18.

Family Events

  • happy easter“25th Annual Spring Festival” to benefit The Children’s Center of the Island at Sanibel Community Park, across the street form SanibelSusan Realty, Saturday, April 20 from 9 to 11 a.m. with Easter egg hunt for children of all ages followed by pony & unicorn rides, face painting, slide, games/crafts, & more. The Easter bunny will be there for photos at 10:15 a.m.
  • “Community Easter Egg Hunt” at Sanibel Community Church, Saturday, April 20 from 11 a.m. to 1 p.m. includes thousands of eggs, pony rides, games, bounce houses, face painting, lunch, & more.
  • “Annual Easter Egg Hunt & Dolphin Cruise” by Adventures in Paradise aboard 45’ power catamaran departing at 9 a.m. Easter Sunday from Port Sanibel Marina, reservations needed 239-472-8443.Sanibel farmers market bike

Sanibel Farmers Market – open Easter Sunday 8 a.m. to 1 p.m. on the grounds of City Hall.

Easter Sunday Services

  • “Annual Sunrise Celebration on the Beach” by Sanibel Community Church on Causeway Island A at dawn. More info at www.SanibelChurch.com
  • Also, services at the church (Sanibel Community Church) at 8, 9, & 11 a.m.
  • Captiva’s Chapel by the Sea at 11 a.m. More info at www.CaptivaChapel.com
  • Sanibel Congregational United Church of Christ services at 7:45, 9, & 11 a.m.
  • Saint Isabel Catholic Church services at 7, 9, & 11 a.m.
  • St. Michaels & All Angels Episcopal Church services at 7:30, 9:30, & 11:30 a.m.

Easter Eats

  • “Easter on the Gulf” at Sundial Beach Resort with seating on the hour from 10 a.m. to 4 p.m. Call for reservations 239-395-6017.
  • “Sunday Brunch Buffet” at The Fish House Restaurant from 9 a.m. to 2 p.m.
  • “Easter Dinner” at Traditions on the Beach from 4 p.m., reservations recommended 239-472-4559

Recession Fears “Over Blown”

Florida Realtors logoPosted Wednesday on FloridaRealtors® on-line, this article has an interesting perspective on how past recessions affect home values.

Arch-logo“GREENSBORO, N.C. – Apr 10, 2019 – Research on how past recessions affected home values shows current conditions – including a shortfall in housing construction – likely mean the next recession will have a less severe impact on housing than the recession in 2008 did, according to the spring edition of The Housing and Mortgage Market Review (HaMMR) by Arch Mortgage Insurance Company.

“Housing market trends are now nearly the complete opposite of conditions in the months prior to the Great Recession, according to Dr. Ralph G. DeFranco, global chief economist for Arch Capital Services. “A recession is inevitable at some point, but it’s likely to be far less severe for the housing market than the Great Recession,” DeFranco says. “We estimate that the current market is underbuilt by 1 million or more homes, buyers are more cautious and loan quality is far higher. In 2007, conditions were completely flipped: housing was hugely overbuilt, speculative demand was off the charts and the market was awash with high-risk loan products.”

“DeFranco also notes that home prices were overvalued by 25% or more then and are closer to expected values now. “In the 11 recessions recorded over the past 80 years, major price declines for housing have been more the exception than the rule, with home values only turning negative once in the five recessions since 1975,” he says. “The ongoing housing shortage is likely to limit price declines in a recession to 0-5% for a year or two before home values start to recover.”

“The quarterly Arch MI Risk Index, a statistical model based on nine indicators of the health of local housing markets, suggests that the probability U.S. home prices will be lower in two years is 9%, an increase from 6% in the previous HaMMR.

“In Florida, an Arch index infographic suggests that Florida home values have only a 6% chance of declining in two years. However, a higher risk (25%) in Miami suggests the chances are even lower in the rest of the state.

Nationally, the overall risk of a decline in home prices remains better than the historic average of 17%. Every state is expected to have positive home price growth over the next two years, continuing recent trends.

“The states with the highest risk of lower home prices in two years are North Dakota (27%), Alaska (24%), Wyoming (23%) and Connecticut and West Virginia, both at 22%.

“Among the 100 largest metros, the areas with the highest risk of having lower home prices in two years are Miami and San Antonio, Texas (25%), because of overvalued home prices. Those areas are followed by three metros in Connecticut – Bridgeport-Stamford, Hartford and New Haven (all at 22%) – which have shrinking populations of homebuyers and a state economy that lags behind the nation.”

Sanibel & Captiva Islands Multiple Listing Service Activity April 5-12, 2019sancap GO MLS logo

Sanibel

CONDOS

6 new listings: Seashells #15 2/2 $439K, Captains Walk #F4 2/2 $349K (our listing) (exterior photo below – professional interior photos & streaming video coming after estate sale next week), Mariner Pointe #952 1/1 $429K, Sanibel Siesta #601 2/2 $689K, Sanctuary Golf Villages I #1-4 3/3 $899K, Gulf Beach #107 2/2 $925K.

9 price changes: Donax Village #10 1/2 now $339K, Sundial #I103 1/1 now $465.9K, Breakers West #A5 2/2 now $499.9K, Sunset South #1A 2/2 now $720K, Sanibel Moorings #1111 2/2 now $969K, Kings Crown #102 2/2 now $1.05M, Bandy Beach #B101 3/2 now $1.299M, White Pelican #133 3/3 now $1.595M, Sandals #A 3/3.5 now $1.997M.

1 new sale: Gulfside Place #305 2/2 listed at $1.249M.

3 closed sales: Sunset South #9B 2/2 $565K, Sand Pointe #228 2/2 $740K, Pine Cove #204 3/2 $1.5M.

HOMES

13 new listings: 785 Rabbit Rd 3/2 $479K; 745 Martha’s Ln 3/2 $495K; 9406 Beverly Ln 3/2 $629K; 1585 Bunting Ln 3/2 $649K; 1731 Serenity Ln 4/3 $699,999; 1175 Sand Castle Rd 3/3 $759K; 728 Windlass Way 3/2 $897K; 788 Nerita St 3/3 $949K; 845 Birdie View Pt 3/3 $1.169M; 1667 Venus Dr 3/2 $1.2M; 4156 West Gulf Dr 3/2 $1.329M; 2190 Starfish Ln 3/3 $1.444M; 1718 Jewel Box Dr 4/4.5 $2.699M.

17 price changes: 3017 Turtle Gait Ln 3/2 now $679K; 198 Southwinds Dr 3/2 now $719.9K; 280 Southwinds Dr 3/3.5 now $739K; 1559 Sand Castle Rd 3/2 now $759K; 702 Durion Ct 3/2 now $759K; 513 Lake Murex Cir 3/2 now $769K; 686 East Rocks Dr 3/2 now $799K; 1410 Albatross Rd 3/3 now $849K; 1307 Par View Dr 3/3 now $899K; 446 Surf Sound Ct 3/2 now $999,999; 466 Sea Oats Dr 4/3.5 now $1.149M; 829 Birdie View Pt 4/3.5 now $1.15M; 430 Glory Cir 4/5.5 now $1.275M; 1525 San Carlos Bay Dr 4/2 now $1.4695M; 6425 Pine Ave 4/3 now $1.489M; 1035 Blue Heron Dr 3/2 now $1.539M; 4143 West Gulf Dr 3/3.5 now $5.995M.

9 new sales: 6141 Henderson Rd 2/1.5 listed at $424.5K, 1870 Farm Trl 3/2 listed at $575K, 1442 Sand Castle Rd 3/2 listed at $649K, 750 Martha’s Ln 3/2 listed at $699K, 1217 Par View Dr 3/3 listed at $729K; 4791 Rue Helene 3/2 listed at $850K, 1550 Sand Castle Rd 3/3 listed at $1.189M, 2282 Wulfert Rd 4/4.5 listed at $1.245M, 599 Lake Murex Cir 3/3.5 listed at $1.399M.

4 closed sales: 9248 Dimmick Dr 3/3 $580K, 1438 Causey Ct 3/2 $849.5K, 1260 Par View Dr 3/3 $889K, 569 Lighthouse Way 3/3 $970K.

LOTS

2 new listings: 2462 Wulfert Rd $229K, 2133 Starfish Ln $419K.

2 price changes: 6411 Pine Ave now $329K, 1219 Par View Dr now $349K.

2 new sales: 1204 Par View Dr listed at $329K; 5321 Punta Caloosa Ct listed at $377,555.

No closed sales.

Captiva

CONDOS

No new listings.

1 price change: Sunset Captiva #103 2/2 now $829K.

No new, or closed sales.

HOMES

No new listings or price changes.

1 new sale: 16798/802 Captiva Dr 4/4 listed at $5.75M.

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.

Until next Friday… enjoy your weekend, Susan Andrews aka SanibelSusan

 

Update of Island Real Estate & Life on the Gulf of Mexico


It has been another week of beautiful summer-like weather on the islands.

Photos below taken by JMA Photography at Gulfside Place where The SanibelSusan Team has a new listing overlooking this beautiful Gulf of Mexico beach. On the 2nd floor, this condo was just remodeled top-to-bottom.DCIM100MEDIADJI_0893.JPG

 

Island traffic and occupancy are down a little, making the Periwinkle trek more manageable than in recent weeks. For buyers, now through Memorial Day is an excellent time to both look and purchase.

Sanibel realtors logoAt the Sanibel & Captiva Islands Association of Realtors® Caravan meeting yesterday, a handful of new sales were announced, along with more price reductions. Just nine new west-end listings open for viewing. The east-end one week, west-end the next, Caravan rotation will end this month with new listings in any location allowed beginning May 1 and running through the summer.

The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follow a couple of news items. Inventory on both islands remains high with vacation rentals tapering off as northern weather improves and snowbirds head home.

Sanibel Historical Village Remains Open During BIG ARTS Construction

Museum LogoThe Sanibel Historical Village will remain open during the ongoing BIG ARTS construction project. The project will continue through the remainder of the historical village’s season and into next season, with parking and access available for village guests and volunteers.

Last week, the traditional entrance to the village was closed off and a new temporary entrance made, just west of the former exit drive. That drive will now function as both an entrance and exit access. Signs were added at both places.

Touring-the-Sanibel-Historical-Village-MuseumThe Sanibel Historical Village is open Tuesdays through Saturdays from 10 a.m. to 4 p.m. with guided tours at 10:30 a.m. and 1:30 p.m. The village is at 950 Dunlop Road (next to BIG ARTS) and there is handicap access to the buildings. Admission is $10 for adults over 18, with members and children free. For more info or to donate, visit http://www.sanibelmuseum.org or call (239) 472-4648.

Condos, Rentals, Etc.: If You Break It, You Fix It

Florida Realtors logoSourced to Florida real estate attorney, Gary M. Singer, the below article was posted on-line at FloridaRealtors®.

“April 1, 2019 – Question: The tub in my condo flooded and my kitchen and the public hallway were damaged. I do not have insurance. My association wants me to pay for the repairs. Do I have to? – Alina

Question: I replaced the shutters on my condo with impact windows. Am I responsible for fixing the holes on the exterior? – Trish

“Answer: If your actions cause damage to another person or business, you are responsible. While your condominium association is responsible for repairing and maintaining the common areas, it is allowed to seek reimbursement if someone purposefully or negligently caused the damage.

“This idea does not just apply to condos; it is consistent throughout the law. If you drive over your neighbor’s mailbox, leave your tools out and someone trips, or are texting and bump into another car, you can be held responsible and be asked to pay for the damage you caused.

“If you purposefully caused the damage, like the reader leaving holes in the exterior of her unit, you will need to pay for the repair. If you do not, the association will hire someone to do it, and the bill will probably be higher than if you hired the contractor. It is always easier to spend someone else’s money.

“The analysis can be more complicated when the damage was not intentional. A flood can be caused by many reasons. If the tub overfilled because you left it on and forgot about it when the phone rang, you can count on footing the bill. If it flooded because a pipe burst that should have been maintained by the building, you may be off the hook. Sometimes bad things happen, and there is no one to blame.

“You should talk with your association about the damage and try to come to a compromise that you both can live with. See if they can get their insurance involved and offer to split the deductible or find a competent contractor that is more reasonably priced than the one your community wants to use.

“I cannot recommend strongly enough that you should get insurance even if you live in a condo. While no one likes to pay insurance premiums, it is much harder to pay for accidental damage or write a big check to a lawyer because your unnoticed leak ruined the apartment below you and they decided to take you to court.

“About the writer: Gary M. Singer is a Florida attorney and board-certified as an expert in real estate law by the Florida Bar. He practices real estate, business litigation and contract law from his office in Sunrise, Fla. He is the chairman of the Real Estate Section of the Broward County Bar Association and is a co-host of the weekly radio show Legal News and Review. He frequently consults on general real estate matters and trends in Florida with various companies across the nation. © 2019 Sun Sentinel (Fort Lauderdale, Fla.), Gary Singer. Distributed by Tribune Content Agency, LLC.”

What Does a ‘Normal’ Housing Market Look Like? This One

wall street journalPosted this week on FloridaRealtors® and sourced to the “Wall Street Journal” (04/01/19):

“NEW YORK – April 2, 2019 – The spring home-buying season could be the best in years, with falling mortgage rates and rising inventory already reducing bidding wars and resulting in price cuts.

“”It’s been a rough go for homebuyers since the bottom of the housing market, and there are signs we’re entering a period of normalcy,” says CoreLogic Deputy Chief Economist Ralph McLaughlin.

McLaughlin believes current conditions could be the most favorable for buyers since the housing market bottomed in 2012.

“However, economists say that even as activity rises, it’s unlikely that the market will return to a period of booming home sales. Nationally, home prices have jumped more than 50% since the bottom of the market in 2012, according to the S&P CoreLogic Case-Shiller National Home Price Index, which has made affordability a challenge for many buyers.

“Economists note that inventory is rising – not necessarily because more homeowners are putting their homes on the market but because homes are taking longer to sell.

“”All the signs are pointing to the fact that people are just having a harder time selling their homes,” says Trulia chief economist Issi Romem.

“However, it appears that buyers are reaching deals faster, with Redfin data showing that the time it takes a buyer to find a home has hit a six-year low of 73 days.

“Mike McCann, an associate broker at Keller Williams Philly, notes: “It’s a good time to buy as long as you’re going to stay in the property five-plus years.””

Upcoming Island Events

SancapCares201919th Annual SanCap Cares Celebration – Sunday, April 7, at The Sanctuary, to benefit Golisano Children’s Hospital of Southwest Florida. More info at www.SanCapCares.org.

Annual PoetryFest – Monday, April 8, at 3:30 p.m. in Room Four at the Sanibel Library.

“Southern Comfort” – End-of-Season 5th Annual CROW Fundraiser, next Friday, April 12, from 6 to 9 p.m. at the Community House. Includes dinner, games, auction, raffles.

Octifest2019“Octifest” on the Beach – Sanibel Sea School Fundraiser, Saturday, April 13, beginning at 6:30 p.m. at Sanibel Causeway Island A. Tickets at www.OctiFest.org.

8th Annual “Beer in the Bushes” – SCCF fundraiser on Saturday, April 20 from 6 to 10 p.m., reservations at www.beerinthebushes.com

What You May or May Not Want to Know About Termitesroyalcoast_home_top_logo

From Nov 2018 “Connect” magazine by the Royal Palm Coast Realtor® Association, by Jason Woodbury, Infinite Pest Solutions:

“If there’s one thing every homeowner dreads – it’s termites. It may be a topic you’ve heard a lot about but don’t necessarily KNOW a lot about. Southwest Florida is one of the “hottest” areas in the entire world for termite activity. Given that fact, there is a lot of misinformation about termites as well, so here are some fast facts about the different types of termites.

“Subterranean termites have very high moisture requirements, so they need contact with the soil. For this reason, mud tubes are created to move between the soil and wood. Inside damaged wood, you will see soil as well. A “mature” colony will have about 60,000 to 3 million individuals and takes 4-10 years to become mature. They can eat 2.5 feet of 2×4 wood in a year, and basically eat WITH the grain. Due to the high moisture content, these can be detected with visual inspection, moisture meters, and infrared cameras. Subterranean termites can be treated with soil or spot treatment, as well as fumigation and baiting. All new homes built in the state of Florida are required to be pre-treated for subterranean termites.

“Drywood termites are completely aerial, meaning they do not need contact with the soil. Due to lower moisture requirements, they are not as easily detected with moisture meters and infrared cameras. Visual detection such as finding termite swarmer wings or termite droppings is how a drywood colony is found. Drywood colonies will have up to 3,000 individuals and it takes up to 15 years to become fully mature. Being significantly smaller colonies, they eat much less wood than Subterranean termites. Drywoods eat ACROSS the grain of the wood. New construction in Florida is NOT required to be pretreated for drywood termites….

“There are also a couple of invasive species of termites that are less common but are taking over the habitat in this area. These are Formosan and Asian Termites. It has been confirmed that they have been able to hybridize in the wild (swarming at the same time). These termites are significantly more aggressive than native species, eating up to 50 feet of 2×4 wood each year, and having 10 million individuals in a colony. If you are interested in learning more, the University of Florida has an interactive map of locations where invasive species have been identified by an entomologist. This can be found at: http://www.flrec.ifas.ufl.edu/termites-in-florida/termite-distribution/

Note from SanibelSusan – Because most Sanibel/Captiva property is built on sand (rather than soil), termites here generally are the drywood variety. When I came to Sanibel over 27 years ago, rarely were termites discovered during a home inspection. Today, it’s more unusual for them NOT to be found.

The tropical rough-headed drywood termite swarms at night, from April through July. The tropical smooth-headed drywood termite can swarm any time of the year. Most of those colonies swarm in the afternoon between March and May. The western drywood termite has been identified during the day along both coasts in Florida.

Sanibel & Captiva Islands Multiple Listing Service Activity Mar 29-Apr 5, 2019sancap GO MLS logo

Sanibel

CONDOS

4 new listings: Seashells #31 2/2 $439K, Mariner Pointe #321 3/2 $579K, Sanibel Arms #F2 1/1 $599K, High Tide #101 2/2 $1.495M.

11 price changes: Sundial #H210 1/1 now $389K, Loggerhead Cay #471 2/2 now $544K, Pointe Santo #D21 2/2 now $650K, Snug Harbor #312 3/2 now $658K, Loggerhead Cay #223 2/2 now $669K, Kings Crown #213 2/2 now $799K, Shell Island Beach Club #7C 2/2 now $819.9K, Oceans Reach #3A1 2/2 now $924.9K, Pine Cove #C 2/2 now $1.059M, Plantation Village #312 3/2.5 now $1.49M, Wedgewood #203 3/3.5 now $2.495M.

3 new sales: Loggerhead Cay #322 2/2 listed at $569K, Sanctuary Golf Villages I #3-1, 2/2.5 listed at $640K, Villa Sanibel #2G 2/2 listed at $685K.

6 closed sales: Seashells #3 2/2 $425K, Spanish Cay #C2 2/2 $450K, Sundial #B407 1/1 $492K, Loggerhead Cay #233 2/2 $675K, Pointe Santo #B3 2/2 $650K, Shorewood #3C 3/2 $1.31M.

HOMES

5 new listings: 6141 Henderson Rd 2/1.5 $424.5K, 1607 Sand Castle Rd 3/2.5 half-duplex $579K, 9401 Beverly Ln 3/2 $769K, 4791 Rue Helene 3/2 $850K, 4709 Rue Belle Mer 3/2 $3.4M.

17 price changes: 970 Greenwood Ct 3/2.5 half-duplex now $436.5K, 1442 Sand Castle Rd 3/2 now $649K, 5747 Pine Tree Dr 3/3 now $750K, 702 Durion Ct 3/2 now $779K, 3050 West Gulf Dr 3/2.5 now $799K, 247 Christofer Ct 3/2 now $799K, 9393 Peaceful Dr 3/2.5 now $824K, 501 Lagoon Dr 3/2 now $899K, 1307 Par View Dr 3/3 now $989K, 772 Birdie View Pt 3/3.5 now $1.199M, 2282 Wulfert Rd 4/4.5 now $1.245M, 430 Glory Cir 4/5.5 now $1.295M, 532 Sea Oats Dr 4/4 now $1.298M, 532 Sea Oats Dr 4/4 now $1.298M, 1351 Middle Gulf Dr #2C 3/3 now $1.495M (our listing – view in below photo), 815 Limpet Dr 3/3 now $1.649M, 1743 Venus Dr 4/3.5 now $1.67M.View c (2)

10 new sales: 9446 Arum Ct 4/2 listed at $549K, 922 Pepper Tree Pl 2/2 listed at $599K, 697 Birdie View Pt 3/2 listed at $739K, 4787 Rue Helene 4/3 listed at $895K, 6123 Starling Way 3/2.5 listed at $954K, 5411 Osprey Ct 3/2 listed at $999K, 2984 Wulfert Rd 3/4 listed at $1.195M, 2510 Harbour Ln 2/2 listed at $1.199M, 1159 Golden Olive Ct 3/2 listed at $1.295M, 2502 Wulfert Rd 4/4.5 listed at $1.849M.

9 closed sales: 5260 Caloosa End Ln 3/2 $530.2K, 955 S Yachtsman Dr 3/2 $650K, 1225 Seagrape Ln 3/3 $695K, 3136 Twin Lakes Ln 3/2 $865K, 225 Violet Dr 3/2 $925K, 1230 Par View Dr 4/2.5 $1.05M, 1248 Par View Dr 4/4.5 $1.1M, 1653 Hibiscus Ln 3/2 $1.3M, 2251 Starfish Ln 4/3.5 $1.375M.

LOTS

2 new listings: 9345 Dimmick Dr $365K, 1837 Buckthorn Ln $699K.

1 price change: 6141 Starling Way now $947K.

2 new sales: 9441 Peaceful Dr listed at $249K (our listing), 1770 Dixie Beach Blvd listed at $649K.

No closed sales.

Captiva

CONDOS

1 new listing: Tennis Villas #3220 1/1 $355K.

1 price change: Sunset Captiva #103 2/2 now $839K.

No new or closed sales.

HOMES

No new listings or price changes.

1 new sale: with contingencies: 16548 Captiva Dr 4/4 listed at $4.5M.

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.

Until next Friday, here’s wishing you wonderful weather too! If it’s not, come to Sanibel & Captiva Islands where we love to share island life & the weather!

Susan Andrews, aka SanibelSusan

MaliaLogoFINP.S. I had lunch today at Malia (located on Par View Drive within Beachview Country Club Estates, next to Sanibel Island Golf Club). Also had dinner there last weekend. Both meals were excellent. If you haven’t been & enjoyed a “poke bowl”, you are missing out. Those are only available at lunch or you can create your own at their sister establishment Spoondrift Bowls in The Bailey’s Shopping Center. Healthy yummy zippy crunchy!

Redfish Pass South Seas to North Cap Apr 2 2017

At Redfish Pass between South Seas Lands End, Captiva, & North Captiva