Thanksgiving & Real Estate on Sanibel & Captiva Islands


It’s Susan with another Friday report about Sanibel & Captiva Islands. It sure seems like these weeks are flying by quickly. The island is busier, with traffic increasing with more probably to come with the pre-holiday weekend here.

As predicted last week, a mini-cool front arrived late yesterday. Though nothing like the inches of snow we heard about from callers in the Northeast and Midwest, local temperatures got down into the high 50’s last night. Today, it is expected to reach just 70 degrees F. Convertible tops are down and windows are open again! But do not worry, island Thanksgiving visitors, predictions are that it will be back into the 80’s by Sunday, continuing right through next week.

Teammate Dave held an Open House this afternoon at our gulf-front listing at 1351 Middle Gulf Drive where the beachfront area just had its annual trim.  With the sliders open, below are a couple of his cell phone photos of the fantastic water views. With nearly 3000 sq. ft. of living space, it has a huge great room, 3 bedrooms, 3 full baths, a large updated white bright kitchen, separate utility room, plus a family room with beachside patio.

Tweek 5Tweek 4Tweek 6

Sanibel & Captiva Real Estate Happenings

Sanibel realtors logoThere was light turnout yesterday morning at our local Association of Realtors© weekly meeting. Announcements included a few properties that will be coming-on-the-market-soon and a couple of price reductions. One sale was announced too – an improvement over last week. Eight Sanibel east-end properties were open during the following 9 a.m. to noon Open House Caravan, including our new listing at Signal Inn.

More info about the postings since last Friday in the Sanibel & Captiva Multiple Listing Service follow a couple of news items below.

Thanksgiving Celebration at The Community House

Thanksgiving 4 some

First organized in 1991, the first Sanibel Thanksgiving Celebration took place on Thanksgiving eve. To make attendance easier, it was moved to the Sunday before the holiday. That tradition continues with this year’s event coming up this weekend, Nov 18, at The Community House beginning at 6:45 p.m. Donations from attendees, including non-perishables, will go to the local F.I.S.H. Food Pantry.

Free and open to the public, the celebration brings the community together with music, fun, and fellowship. The program lasts about an hour and includes a proclamation from Sanibel Mayor Kevin Ruane, prayer by City Manager Judie Zimomra, and Thanksgiving presentation by representatives from local houses of worship. Guest speaker, F.I.S.H. Board Chair Nicole McHale also will provide a report on how “water” affected their work this summer. There usually are a few pilgrims and Indians in attendance too.

Other event highlights include music and audience sing-a-long. You can be sure that I’ll be there again with the BIG ARTS Community Chorus. The Seahorse Chorale from the Sanibel School too will take the stage. The program concludes with a combined piece we will perform together called “Give Thanks”, followed by cider (provided by Bailey’s General Store), cookies (from Jerry’s Foods), and ice cream samples (from Pinocchio’s).

The Launch

the launch 2018It is going to be a busy weekend, with this event tomorrow evening, also at The Community House. “The Launch” is raising funds for island conservation initiatives. In March, Coastal Keepers (formerly the Sanibel-Captiva chapter of START or Solutions to Avoid Red Tide) held its first “The Launch” (once called Cracker Fest). This weekend’s event includes a sustainable dinner, both live and silent auctions, and a reveal of the group’s new conservation initiatives in the works.

Coastal Keepers’ goal is to increase awareness of the impacts we have on beaches, water quality, and marine habitats, and to help citizens become more effective stewards of the ocean. Through business and community partnerships, Coastal Keepers recently encouraged Sanibel City Council to pass an ordinance on the sale and distribution of disposable plastic straws. With that initiative wrapping up, they now are overseeing a “Bring Your Own Bag” campaign where free reusable canvas bags are distributed to the public. Thousands of bags have already been given out in efforts to build a more environmentally-friendly island.

More info at www.sancapcoastalkeepers.org.

Did Florida’s Environment Win or Lose in the 2018 Midterms?

News Press logoA lengthy article in today’s Fort Myers “News-Press” on line has some interesting observations and an update by Rae Ann Wessel, Sanibel-Captiva Conservation Foundation (SCCF) Director of Natural Resources. Read the complete article at https://www.news-press.com/. Here are some excerpts:

“Did Florida’s Environment Win or Lose in the 2018 Midterms?

“With uncertainty still clouding the elections’ outcome, that remains an open question.

“The fragility and importance of the state’s natural systems headlined the lead-up to the recent midterm vote, as red tide and toxic blue-green algae (cyanobacteria) fouled both Gulf and freshwater throughout the region, slaughtering sea creatures, sickening residents and snuffing hospitality jobs.

“Candidates quickly organized town-hall meetings. Nonprofits marched. State agencies stayed on the sidelines to the dismay of activists.

“Yet once it was time to vote, “the algae and the red tide issues sort of dissipated,” said FGCU political science professor Peter Bergerson. “I think the appearance of the president at the very end dominated the turnout.”

It’s not that the environment didn’t matter to voters, Bergerson said; it just mattered less than other issues. “If you look at the exit polls, it wasn’t top-of-mind,” he said. “Jobs, the economy and immigration were. I think that (conservative voters’) attachment to traditional party loyalties overcame their commitment to the environment.”

“For many water champions, gloom was the order of the day after….

“Others urged advocates not to lose sight of what progress has been made.

SCCF logo“We have to remember we are living now in a time when there are whole series of Everglades ecosystem restoration projects coming to fruition and ready to be finishing up,” said Rae Ann Wessel, natural resources policy director for the Sanibel-Captiva Conservation Foundation. “It seems like molasses for those of us who have been living it, but you have to celebrate that those things are coming together.”

“Another positive to come from the water crisis is “all these concerned people coming out of the woodwork, groups forming like Captains for Clean Water,” Wessel said. “I’ve said, ‘Don’t let a good disaster go to waste.’ We need to be pulling together a set of expectations for the new administration, whoever they may be.”

“And ultimately, Wessel said, as long as residents stay engaged, there will be progress.

“We can’t just hand off our democracy. You can’t just trust that once somebody is elected, they’re going to do the right thing because they got elected,” she said. “It’s up to you and me, it’s up to all of us. We will get the government that we allow … So now, we keep the pressure up, we become partners, we become educators, we praise them when they do something that serves the public interest and we call them out when they do something that is against the public interest.”….”

Fed May Raise Interest Rates at Slower Pace Than Predicted

Florida Realtors logoPosted yesterday on FloridaRealtors© online and credited to 2018 Information, Inc. (Forbes (11/13/18) and Bloomberg (11/14/18):

“The Federal Reserve is forecasting U.S. interest rate increases well into 2020, but the financial markets believe policymakers could rethink their tightening policy as soon as early next year.

“Observers point to a slowdown in economic growth from this year’s stimulus-boosted pace. TS Lombard’s Steven Blitz believes that a December rate hike will most likely occur, but he sees 2019 as more questionable.

“If employment growth starts to slow towards a neutral pace early next year and the unemployment rate creeps up as a result, does the Fed keep going just because wages are accelerating? We doubt it,” he says. “The noted slowdown in business spending will only be further negatively impacted by the strong dollar and higher real rates.”

TS Lombard’s prediction: The Fed will suspend its rate-hike campaign in March 2019.

“The Fed sees interest-rate increases as a tool to fight inflation, but the latest report for October found little evidence of inflation despite strength in the economy and wages.

“The consumer-price index (CPI) increased 0.3% in October from the prior month, the Labor Department said Wednesday; year-to-year, overall consumer prices climbed 2.5% in October, compared with 2.3% in the 12 months that ended in September.

“Excluding the volatile categories of food and energy, the core CPI rose 0.2% last month, largely in line with recent trends, and 2.1% from a year earlier.

“”These are pretty steady inflation prints,” with “nothing in here that argues inflation is going to overshoot,” says Omair Sharif, senior U.S. economist at Societe Generale. Also, there’s little to concern policy makers, so they’ll “continue to stay gradual” with interest-rate hikes, he said.””

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

sancap GO MLS logoSanibel

CONDOS

4 new listings: Sundial West #C310 1/1 $469,750; Signal Inn #4 1/1 $499.9K (our listing, shown below), Sanibel Surfside #126 2/2 $895K, Oceans Reach #3D2 2/2 $989K.

1 price change: Sanibel Surfside #116 2/2 now $969K.

2 new sales: Sundial East #T301 2/2 listed at $845K, Tamarind #B202 2/2.5 listed at $1.749M.

2 closed sales: Seashells #43 2/2 $318K, Sunset South #6D 2/2 $611K (our listing).

HOMES

9 new listings: 328 Palm Lake Dr 3/2 $687K; 1586 Century Ct 3/2.5 $689K; 9448 Cotten Ct 3/2 $875K; 686 East Rocks Dr 3/2 $889K; 1056 S Yachtsman Dr 3/2 $899K; 1309 Eagle Run Dr 3/2.5 $1.175M; 1838 Buckthorn Ln 3/2 $1.295M; 5250 Caloosa End Ln 3/2.5 $1,594,500; 1520 Angel Dr 5/5.5 $1.799M.

8 price changes: 1325 Par View Dr 3/3 now $670K, 9446 Beverly Ln 3/3.5 now $739K, 1677 Sabal Sands Rd 3/2 now $810K, 1740 Middle Gulf Dr 3/3 now $899K, 1656 Middle Gulf Dr 3/4 now $909.9K, 534 N Yachtsman Dr 3/2 now $999K, 772 Birdie View Pt 3/3.5 now $1.339M, 4809 Tradewinds Dr 3/3.5 now $1.999M.

4 new sales: 498 Surf Sound Ct 3/3 listed at $885K, 1304 Eagle Run Dr 3/3 listed at $1.1M, 794 Conch Ct 3/2.5 listed at $1.295M, 3790 West Gulf Dr 3/2.5 listed at $1.699M.

3 closed sales: 6093 Henderson Rd 3/2 $450K, 1350 Sand Castle Rd 3/2 $650K, 1286 Par View Dr 3/3 $935K.

LOTS

3 new listings: 1318 Par View Dr $425K, 3308 Saint Kilda Rd $529,555; 1729 Jewel Box Dr $999.9K.

1 price change: 0 Dinkins Lake Rd now $268.5K.

No new sales.

1 closed sale: 9232 Dimmick Dr $170K.

Captiva

CONDOS

3 new listings: Bayside Villas #5234 1/2 $399K, Beach Villas #2538 3/3 $909.9K, Beach Cottages #1409 3/2 $1.25M.

No price changes, new sales, or closed sales.

HOMES

No new listings.

1 price change: 11505 Gore Ln 5/5 now $1.795M.

No new sales.

1 closed sale: 38 Sea Hibiscus Ct 3/2 $950K.

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.

turkey-pilgirm-in-autumn-leavesEnjoy your Thanksgiving!

Susan Andrews, aka SanibelSusan

Thanksgiving words

It You Are Looking For Sunshine Come Here!


Beach Chairs

Photo in front of Sanibel Arms West by Jim Anderson, JMA Photography

Woohoo! It’s another beautiful Friday on sunny Sanibel. You must get sick hearing that. The weather gurus keep promising cool fronts. Maybe next week, as they now are suggesting that temps may go down into the 50’s Tues night with our first day with a high in just the low 70’s on Wed. Temperatures are expected to slowly creep back to 80 by next weekend though. We will have to wait and see what next Friday brings.

Thanksgiving 2017It sure would be nice to be able to wear long sleeves for the Thanksgiving celebration which is Sunday evening, Nov 18 at The Community House. It’s always a fun spirited community event. BIG ARTS Sanibel Community Chorus will be joining the Seahorse Choral from the Sanibel School and you can be sure that a few pilgrims and Indians will be there too.

I have been out showing property this afternoon. No new sales yet but you can be sure I am working on it. The action posted in the Sanibel & Captiva Multiple Listing Service since last Friday are after a couple of news items below.

Election Madness

floridaMany colleagues – me too – thought that with the mid-term elections over, sales would improve. Now it seems that Florida’s outcome maybe be closer than first reported.

The good news is that the amendments supported by Florida Realtors® did pass. The candidates supported by them also are the ones that do look to be the ones elected. Let’s hope that the final results are verified quickly.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday, at Realtor® Caravan, there were a lot of surprised faces when not a single new sale was announced. There were plenty of new listings and price reductions reported though, so it will be interesting to see how the next few weeks shake out. Sales are in-the-works, so hopefully more will be reported soon.

Inventory is increasing as it usually does this time of the year. Below is a summary of the number of properties for sale, compared to those under contract, and year-to-date sales this year and total sales in 2017 and 2016.

 

Condos Homes Lots
Sanibel # Avg Price $ # Avg Price $ # Avt Price $
For sale 74 746,125 168 1,366,382 58 617,976
Sale pending 9 693,500 13 771,923 2 189,728
Sold & closed:
2018 thru 11/9 143 722,415 197 1,136,655 19 646,526
2017 140 728,793 186 1,004,237 32 327,229
2016 143 717,768 181 979,576 25 487,095

 

Condos Homes Lots
Captiva # Avg Price $ # Avg Price $ # Avt Price $
For sale 33 1,387,997 36 3,442,556 3 4,264,667
Sale pending 1 1,160,000 3 1,847,667 0 N/A
Sold & closed:
2018 thru 11/9 26 783,591 22 2,237,446 0 N/A
2017 34 671,551 22 2,457,023 2 2,312,500
2016 22 873,636 271 3,195,000 2 3,150,000

 

37th Annual Taste of The Islands

taste of the islands 2018CROW’s annual benefit is this weekend on Sunday, Nov 11 at Sanibel Community Park (across the street from SanibelSusan Realty) from 12:30 to 5 p.m. You-know-who will be in the office with the door open, enjoying the music and hoping for some walk-ins. This year 13 eateries are participating including: Blue Giraffe, Doc Ford’s Rum Bar & Grille, Il Cielo, Matzaluna, Sanddollar Restaurant (new at Sanibel Island Beach Resort (formerly the Holiday Inn)), Sanibel Deli & Coffee Factory, Sanibel Fish House, Shima Japanese Steakhouse & Sushi Bar, Thistle Lodge, The Bubble Room, The Clam Shack, The Jac Sanibel Island Bar & Grille, & The Timbers Restaurant and Fish Market. www.crowclinic.org/articles/37th-taste-of-the-islands

Veterans Day Celebration & Sanibel Farmers Market

VeteransSunday also is the annual Veterans Day Celebration at City Hall. With the public invited and hosted by the Lee Coast Chapter of the Military Officers Association of American and the City of Sanibel, it will take place around the flag pole at City Hall (from 10:30 a.m. until noon). The program will feature patriotic music (the BIG ARTS Concert Band), local boy scouts and cub scouts presenting the colors, and guest speakers and veterans sharing their history.

Because of this event, Sanibel Farmer Market also on the grounds of City Hall is delayed until Monday, rather than Sunday, (8 a.m. to 1 p.m.). That change is for this week only.

Island Neighbors Hold Annual Turkey Drop

TurkeyThis is the 3rd year of the Sanibel East-End Turkey Drop & Roll, where donations are collected to benefit the Harry Chapin Food Bank of Southwest Florida. At the home of the Petersons at 444 Lagoon Drive on this coming Wed Nov 14 from 10 a.m. to 1 p.m. donations of frozen turkeys and non-perishable food items are collected. Last year, they brought more than 450 pounds of turkeys to the food bank plus other items that would complete a Thanksgiving dinner (cranberry sauce, gravy, instant mashed potatoes, stuffing mix, and canned vegetables. Call the Petersons with questions at 239-395-2476.

Sanibel & Captiva Islands Multiple Listing Service Activity Nov 2 – 9, 2018

sancap GO MLS logoSanibel

CONDOS

3 new listings: Pointe Santo #C4 1/1 $585K, Pointe Santo #A1 2/2 $950K, Tamarind #B202 2/2.5 $1.749M.

1 price change: Sundial #G206 1/1 now $469.9K.

No new sales.

3 closed sales: Cottage Colony West #132 1/1 $610K, Sundial #T402 2/2 $800K, Atrium #201 3/3 $1,209,711.

HOMES

7 new listings: 1442 Sandpiper Cir 2/2 half-duplex $415K, 573 Lake Murex Cir 3/2 695K, 1236 Par View Dr 3/2.5 $889K, 1127 Buttonwood Ln 3/2.5 $925K, 1278 Sand Castle Rd 4/3 $949K, 734 Pyrula Ave 3/2.5 $1.295M, 1283 Isabel Dr 3/2.5 $1.395M.

10 price changes: 1304 Sand Castle Rd 3/2 now $565K, 1973 Wild Lime Dr 4/3 now $729.9K, 434 Lake Murex Cir 4/3 now $899K, 1740 Middle Gulf Dr 3/3 now $920K, 938 Pecten Ct 3/2.5 now $1.049M, 641 Lake Murex Cir 4/3 now $1.09M, 824 Birdie View Pt 3/3 now $1.1M, 430 Glory Cir 4/4.5 now $1.395M, 1561 San Carlos Bay Dr 3/4 now $2.395M, 1133 Golden Olive Ct 3/3.5 now $2.436M.

3 new sales: 406 Lighthouse Way 3/3.5 listed at $649K, 617 Lake Murex Cir 3/2 listed at $797K, 1238 Isabel Dr 5/3.5.5 listed at $2.59M.

2 closed sales: 1717 Atlanta Plaza Dr 2/2 $395K, 1643 Sand Castle Rd 3/2.5 $490K.

LOTS

2 new listings: 2297 Wulfert Rd $229K, 2933 Wulfert Rd $379K.

1 price change: 2372 Wulfert Rd now $159.9K.

No new or closed sales.

Captiva

CONDOS

No new listings.

1 price change: Beach Villas #2625 2/2 now $635K.

No new or closed sales.

HOMES

1 new listing: 31 Urchin Ct 3/3 $995K.

2 price changes: 11530 Laika Ln 4/4 now $2.18M, 15819 Captiva Dr 5/4 now $9.6M.

No new sales.

1 closed sale: 44 Oster Ct 2/2 $1.025M.

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

Beach Access

A Happy Sanibel November Friday


As I was composing this today and had written “it’s another beautiful Friday on sunny Sanibel”, my teammate son reminded me that this afternoon is forecast to be the worst weather of the week. He’s funny. We really don’t have much bad weather. Sure, clouds are expected to roll in and breezes to pick up, with possibly a few showers expected by sunset, but isn’t that what keeps Southwest Florida tropical and green? It looks to be just another mini-cool front with temperatures not expected to get out of the 70’s here tomorrow. That’s not going to be hard to take and it sure beats the freezing temperatures expected in the mid-west and northeast. Here’s hoping you have good weather too!

Below are some photos taken yesterday at Sanibel Arms West by Jim Anderson with JMA Photography. Our new listing, gulfside #E2, has the lanai view shown bottom right.

On Halloween, I had a surprise office visit from a client’s twins who also stopped in five years ago – in costumes then too. How much they have changed! Time flies as they are grown-up young ladies now – and beautiful in their costumes. A good reminder to always enjoy smelling the roses along life’s journey.

 

Speaking of that, I had a quick working lunch today at Normandie Seaside Café at West Wind Inn. Still a favorite spot discovered during my first visit to the island 30-some years ago. The beach there was beautiful with waves rolling in and plenty of shellers searching for treasurers. The gals working the café and the nearby Upper Deck pool bar are a hardworking bunch and the food and service terrific. If you are ever looking for an out-of-the-way spot favored by locals, try them out. You’ll see plenty of islanders there for not just breakfast and lunch, but dinner too. I have seen Willard Scott there more than once. Normandie has an outstanding $22 Sunset Menu from 5-6 p.m. (Be sure to save room for the crème brulee or key lime pie. It’s included.)

SanibelSusan Realty Associates

Sanibelsusan LogoThough business has improved a little, the real estate world here still hasn’t rebounded from the summer water woes. Snowbirds continue to arrive, but phones aren’t ringing much. I was out showing a couple of times and again met with owners thinking of selling. Teammate Dave has been out showing too and three of us will be out showing this weekend. Sure hope some of these lookers are real buyers.

The action posted since last Friday in the Sanibel & Captiva Islands Association of Realtors® Multiple Listing Service follows a couple of news items below.

Sanibel & Captiva Islands Association of Realtors®

bill kristie becky 10-31-18

Association CEO Bill Robinson & Director Realtor Becky Mulka with Kristie

Representing the islands’ Association of Realtors®, I was honored to speak at Wednesday’s Farewell Luncheon at the Sanibel-Captiva Conservation Foundation for their retiring Education Director, Kristie Anders. When she saw it was me, Kristie jumped right in and mentioned that I donated the money for her to buy her first SCCF laptop for education. That was a very long time ago. Today with technology changes, she carries more than 40 huge presentations on a tiny flash drive that fits in her pocket.

If you have ever listened to Kristie, I am sure you also know what an amazing gal and teacher she is. If you are wondering how she has helped island Realtors®, below is what I said.

I am here to give a big thank you to Kristie for all she has done for the Sanibel & Captiva Islands Association of Realtors. We all know that Kristie is a terrific island steward & wonderful educator. What you may not know are the many times she has cooperated with our local Realtor organization, spreading her knowledge, & making us better stewards too.

For years, Kristie has taught a segment about SCCF at Sanibel & Captiva’s quarterly Orientation training for new Realtors.

Like most licensed professions, Continuing Education Classes are required of Realtors to keep their real estate licenses current. That curriculum & those approved to teach these classes must be approved by our state Realtor organization, Florida Realtors.

Back in the 90’s, Kristie worked with our Association in developing a 7-hour continuing class called Environmental Considerations of Coastal Living. The class was state-approved, as was Kristie, as a Florida Realtors instructor. Every summer since then, for 20-some years, she has updated the class & taught it. Her up-to-date info & passionate delivery so fire up attendees that many take her class every year, even if they don’t need educational credits.

With her help, the year after the class was developed, the Sanibel & Captiva Islands Association of Realtors won an annual state Education Award.

In 2006, our Association developed another educational program for Realtors wanting to specialize in Sanibel & Captiva real estate. Today, it’s a 12-part series that is offered every summer & takes several days to complete with those completing the program earning an island specialist designation. Kristie has been an integral part of that program too – again, each year updating & teaching a multi-hour module on conservation.

She also often has been a speaker at our Monthly Membership Meetings, offering introductory memberships to new island owners. She authored & currently is rewriting the “Story of the Islands” booklets that Realtors provide to prospective new islanders.

To say that Kristie has made us all smarter is an understatement. The Sanibel & Captiva Islands Association of Realtors will miss her but want to relay their heartfelt thanks & appreciation for all she has done & continues to do for us.

We have a little thank you for her including an association shirt. We hope with that she’ll agree to be an honorary member of our association & come back whenever she likes! Best wishes, Kristie!”

Florida Realtors® Signs Agreement with Panama RE Association

Florida Realtors logoToday in Boston at the National Association of Realtors® 2018 Conference and Trade Expo, “Florida Realtors® and the Panamanian Association of Real Estate Brokers and Promoters (ACOBIR) signed a Memorandum of Understanding establishing the cooperation of the two Realtor organizations in developing a mutually beneficial relationship for their respective association members. As posted on-line at FloridaRealtors®:

“”As professionals in the real estate industry, we take pride in providing our knowledge and expertise to clients in Florida, Panama and throughout the world,” says 2018 Florida Realtors® President Christine Hansen. “Florida Realtors and the Panamanian Association of Real Estate Brokers and Promoters share common goals. We look forward to continuing our partnership and building more connections that increase trans-national business opportunities for all of our members.”

Water Resources Development Act of 2018

EAA Project SCCF 2018From the Sanibel-Captiva Conservation Foundation’s (SCCF’s) email blast this week:

“With the President’s signature on the federal water bill – The Water Resources Development Act (WRDA) – the EAA reservoir is one step closer to providing relief to the Caloosahatchee and St Lucie estuaries and supplying needed water to Everglades National Park.

The bill authorizes the U.S. Army Corps of Engineers to begin work on the critical water infrastructure project south of Lake Okeechobee referred to as the EAA reservoir. The project will create a new outlet from Lake Okeechobee that will direct a significant amount of water south reducing the harmful, excess discharges to the Caloosahatchee and St. Lucie estuaries.

In the days ahead we will begin our work to press for project funding in the federal budget to keep the project moving forward.

Congratulations to everyone who stood up and spoke out in support of this critical step forward. Stay tuned!

The 324 page bill for water projects all across the nation is available online here.”

New Beach Cam at Casa Ybel Resort

Thanks to Froilan Ramirez (aka JR), the General Manager of Casa Ybel Resort for posting the link to their new beach cam. Check out how great the water looks. www.casaybelresort.com/web-cam

CasaYbelSanibel.jpg

Casa Ybel Resort pool & beach

Island Events

Center 4 Life Annual Trash & Treasures Sale –tomorrow, Sat Nov 3 from 9 a.m. to 2 p.m. at Island Seniors, 2401 Library Way. 

Flip Flop Family Scavenger Hunt – tomorrow, Sat Nov 3 to benefit Sanibel Sea School scholarship program. Starts at 10:30 a.m. at Sanibel Congregational Church

Sanibel Blues & Jazz FestivalSun Nov 4 in Bailey’s Backyard from 12 to 7 p.m. Tickets at Bailey’s General Store & https://www.eventbrite.com/e/sanibel-blues-jazz-festival-tickets-50608163379

37th Annual Taste of The Islandsto benefit CROW, Sun Nov 11 at Sanibel Community Park from 12:30 to 5 p.m. www.crowclinic.org/articles/37th-taste-of-the-islands

The LaunchSat Nov 17 Coastal Keepers fundraiser at The Community House from 6 to 10 p.m. More info & tickets at www.sancapcoastalkeepers.org/the-launch

Sanibel & Captiva Islands Multiple Listing Service Activity Oct 26 – Nov 2, 2018

Sanibel

CONDOS

1 new listing: Pointe Santo #B3 2/2 $729K.

2 price changes: Signal Inn #3 2/1 now $759K, Gulfside Place #121 2/2 now $1.298M.

4 new sales: Blind Pass #G201 2/2 listed at $479K, Sand Pointe #117 2/2 listed at $799K, Sundial #T402 2/2 listed at $855K, Sunset South #5D 2/2 listed at $1.189M.

No closed sales.

HOMES

8 new listings: 9465 Coventry Ct 3/2 $649K, 922 Pepper Tree Pl 2/2 $695K, 1441 Sand Castle Rd 3/2.5 $729K, 9447 Coventry Ct 3/2.5 $749K, 6033 Dinkins Lake Rd 3/3.5 $875K, 742 Sand Dollar Dr 2/3 $1.189M, 734 Pyrula Ave 3/2.5 $1.295M, 6425 Pine Ave 3/3 $1.779M.

9 price changes: 1611 Sand Castle Rd 3/2.5 now $479K, 1325 Par View Dr 3/3 now $672.5K, 1807 Serenity Ln 3/2 now $739K, 5280 Ladyfinger Lake Rd 3/2 now $789K, 660 Oliva St 3/3 now $869K, 1740 Middle Gulf Dr 3/3 now $940K, 1244 Par View Dr 4/3 now $1.149M, 2251 Starfish Ln 4/3.5 now $1.499M, 6071 Sanibel-Captiva Rd 5/4.5 now $2.595M.

1 new sale: 1286 Par View Dr 3/3 listed at $969K.

1 closed sale: 6192 Henderson Rd 4/4 $1.8M.

LOTS

Nothing to report.

Captiva

CONDOS

2 new listings: Bayside Villas #4204 1/2 $395K, Sunset Beach Villas #2216 1/1 $525K.

3 price changes: Beach Villas #2426 1/1 now $540K; Seabreeze #1253 3/3 now $1,899,999; Beach Homes 25 3/2 now $1.949M.

No new or closed sales.

HOMES

No new listings, price changes, or new sales.

1 closed sale: 15843 Captiva Dr 3/3 $4.2M.

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 week! Susan Andrews, aka SanibelSusan

Island October = Great Shelling, Snowbirds Returning, Calendars Filling Up


shells a bunch

It has been another interesting week on Sanibel Island.

West Wind MichaelExtra high tides and winds from Hurricane Michael passing west of the islands on Tuesday made for some big waves and minor flooding in a few locations.

(Pictures taken Tues afternoon. First a beach path at West Wind Inn.

2nd is Dixie Beach Blvd looking from Royal Poinciana to the bay.)Dixie Beach

Like with most summer showers, the water disbursed quickly and now beachgoers are enjoying good shelling.

Boating, however, is discouraged until this weekend when the winds are expected to die down.

Concerning red tide, the daily status reports posted by the Florida Fish and Wildlife Conservation Commission show that samples on the west coast of Florida are pretty much free of red tide. No evidence at all now on Sanibel and Captiva. That is a huge relief! We sure hope it stays that way.

An area around St Petersburg/Tampa still shows medium to high readings. On Florida’s East Coast, there are low red tide readings reported from Miami north through Boca Raton, the Palm Beaches, and Port St. Lucie. Today, there also were a few low readings just off the coast of Key West. Here’s the link, if you want to see for yourself: http://myfwc.com/research/redtide/statewide/

Florida Realtors® Disaster Relief Fund

Florida Realtors logoAs the team and I watched the news unfold of the damage from Hurricane Michael, Florida Realtors® sent reminders out about the Florida Realtors® Disaster Relief Fund which is available to Realtors®, including their real estate employees, Realtor® Boards and Associations and their staff in the event of devastation caused by a hurricane, tornado, or other natural disaster. Florida Realtors® Disaster Relief Fund, just a few weeks ago, after Hurricane Florence made a $25K donation to the National Realtors® Relief Foundation which similarly helps colleagues throughout the U.S. Our hearts are with disaster victims as they recover.

2018 Water Resources Development Act

Capitol Bldg DCGood news on Wednesday when the U.S. Senate unanimously passed bipartisan, comprehensive water resources infrastructure legislation-in the federal water bill-that authorizes the EAA Reservoir! The President signed it yesterday.

This 2018 Water Resources Development Act (WRDA) Bill moves forward a critical and fundamental Everglades restoration and estuaries enhancement project that will enable excess water to be directed south out of Lake Okeechobee instead of west and east to the Caloosahatchee and St Lucie rivers and estuaries.  The project is designed to move water from Lake Okeechobee through 6,500 acres of filter marshes to clean the water and store it in a 10,500-acre reservoir. The reservoir is estimated to cost about $1.3 billion, which will be split evenly between the federal government and the state.

US army corps logoThe bill also directs the U.S. Army Corps of Engineers to implement a five-year harmful algal bloom technology development program to identify and develop improved strategies for prevention and management techniques, early detection and procedures to reduce harmful algal blooms.

This is a great step forward, but we all must stay attuned to the new Florida administration and getting the project started. You can be sure that your local Realtors® and the Sanibel-Captiva Conservation Foundation will stay “on it”.

Member of Realtor® Family Makes Movie Premier

Buttons the movieLike many Florida Realtors® colleagues, I have watched the progress of our state President, Christine Hanson’s granddaughter Noelle Parker as she has evolved over the last few years from a photogenic toddler to becoming a child actress. Like her grandmother, Nicolle’s Mom is a Realtor® too. Noelle was an adorable speaker at Christine’s installation in January.

This week, Noelle’s Realtor® family announced that she is making her movie debut in the release of “Buttons” which is a new Tim Janis musical fairy tale film on a journey to discover that sometimes believing can be the greatest adventure of all. During a time of robber barons, mills, and rising industry, two orphaned children meet two unexpected visitors (Dick Van Dyke and Angela Lansbury) who turn the tide of events and change their lives forever. Narrated by Robert Redford and Kate Winslet, the film also features some other big names including Jane Seymour and Roma Downey, plus a new song by “Nova” written by Sir Paul McCartney. Advance tickets go on sale today, with the movie premiering in theaters on December 8. Noelle is the little blonde girl dressed in white under the pix of Dick Van Dyke in their trailer photo (https://www.buttonsthemovie.com )

Plus a Young Local Talent on Broadway – Liam Hutt

Liam ElfMany islanders patronize La-Te-Da Salon and Spa on Cypress Lake Dr in Fort Myers. Both Elise and I get our hair cut there. The owners’ son, Liam Hutt, who we have followed since he was born, also is an amazing young talent, often seen singing, dancing, and acting in local and state theatrical productions. Yesterday, they announced that he will be joining the Broadway cast of “Elf” on their national traveling tour, from Nov 7 to Dec 30. Performing from state-to-state from one side of the country to the other, their performance schedule is staggering. Maybe he’ll be in your area. – https://elfthemusicaltour.com

Island Events

big arts logoThe roadways are getting busier and island activities are beginning. Rehearsals start next week for the BIG ARTS Community Chorus. There are just nine rehearsals this session (from 6:30 to 8:30 p.m. Tues nights in Phillips Gallery). All ages and singing abilities welcome. Performances this session include the island Thanksgiving Celebration on Sun, Nov 18; caroling for Luminary on Fri, Dec 7; and our holiday concert on Wed Dec 12 in Schein Performance Hall.

International Coastal Cleanup – tomorrow Sat Oct 13 from 9 a.m. to noon. After being postponed for a month due to red tide, the islands’ cleanup is coordinated by Keep Lee County Beautiful and hosted by the Bailey-Matthews National Shell Museum. Check-in will be set up on Island B, closest to Sanibel. Participants should register at www.klcb.org/coastal-cleanup.html.

30th Annual “Ding” Darling Days –today through Sun Oct 14. Today is Free “Let’s Get Outside Day”, Sat is FREE “Conservation Art Day”, & Sun is FREE “Family Fun Day”. More info at www.DingDarlingDays.com

4th Annual Pigs In Paradise Roast– Sat Oct 20, hosted & to benefit Children’s Education Center of the Islands (CECI) at the preschool (350 Casa Ybel Rd) from 4 to 7 p.m. The school opened in 1974 & is a nonprofit parent co-op that serves families who live or work on Sanibel and Captiva. It is open to children ages 12 months to 5 years.

33rd Annual BaileyFest – Sun Oct 21 in Bailey’s Shopping Center from noon to 4-p.m.

14th Annual Island Paws Howl-o-Ween Bash – Fri Oct 26 from 5 to 7 p.m. at Over Easy Café Patio includes pet costume contest & fundraiser to benefit Captains for Clean Water.

10th Annual 10K Race 4 FISH – Sat Oct 27, begins & ends early at The Community House.

Flip Flop Family Scavenger Hunt – Sat Nov 3 to benefit Sanibel Sea School scholarship program. Starts at 10:30 a.m. at Sanibel Congregational Church

Sanibel Blues & Jazz Festival– Sun Nov 4 in Bailey’s Backyard from 12 to 7 p.m. Tickets at https://www.eventbrite.com/e/sanibel-blues-jazz-festival-tickets-50608163379

37th Annual Taste of The IslandsSun Nov 11 at Sanibel Community Park from 12:30 to 5 p.m. www.crowclinic.org/articles/37th-taste-of-the-islands

The Launch – Sat Nov 17 Coastal Keepers fundraiser at The Community House from 6 to 10 p.m. More info & tickets at www.sancapcoastalkeepers.org/the-launch

Island Real Estate News

It was another quiet week for Sanibel/Captiva real estate business. This is the off-week with Realtor® Caravan and not much activity was posted in the Sanibel & Captiva Islands Multiple Listing Service. The action since last Friday is below.

Sanibel & Captiva Islands Multiple Listing Service Activity Oct 5-12, 2018sancap GO MLS logo

Sanibel

CONDOS

4 new listings: Tennisplace #B22 2/1.5 $299K, Sunset South #6B 2/2 $599K, Sandpiper Beach #203 2/2 $720K, Loggerhead Cay #573 2/2 $729K.

4 price changes: Seashells #43 2/2 now $329K, Blind Pass #E205 2/2.5 now $405K, Pointe Santo #C34 1/1 now $475K, Sunset South #6D 2/2 now $649K (our listing).

Image 3.jpg

Sunset South – from river to gulf with clubhouse & pool overlooking courtyard.

No new sales.

1 closed sale: Pointe Santo #B21 2/2 $675K.

HOMES

6 new listings: 1236 Sand Castle Rd 2/2 $565K, 1332 Sand Castle Rd 3/2 $620K, 4619 Brainard Bayou Rd 3/2 $640K, 1286 Par View Dr 3/3 $969K, 2251 Starfish Ln 4/3.5 $1.549M, 2915 Wulfert Rd 5/6.5 $3.195M.

6 price changes: 1717 Atlanta Plaza Dr 2/2 now $420K, 849 Beach Rd 4/4 now $595K, 3050 West Gulf Dr 3/2.5 now $879K, 1676 Middle Gulf Dr 3/2 now $899K, 5606 Baltusrol Ct 4/6 now $1.995M, 3009 Turtle Gait Ln 4/4.5 now $2.995M.

4 new sales: 4542 Bowen Bayou Rd 3/2 listed at $479K, 1643 Sand Castle Rd 3/2.5 listed at $528.5K, 3837 Coquina Dr 2/2 listed at $665K, 718 Oliva St 3/2 listed at $789K.

2 closed sales: 4239 Gulf Pines Dr 3/2 $667.5K, 2029 Periwinkle Way 4/3 $1.6M.

LOTS

1 new listing: 1817 Longpoint Ln $348.5K.

2 price changes: 4566 Buck Key Rd now $149K, 2486 Wulfert Rd now $159K.

No new sales.

1 closed sale: 1246 Sand Castle Rd $275K.

Captiva

CONDOS

No new listings

1 price change: Bayside Villas #5136 1/2 now $379,999.

No new or closed sales.

HOMES

1 new listing: 16163 Captiva Dr 3/2 $2.695M.

No price changes or new sales.

1 closed sale: 15735 Captiva Dr 4/5 $6M.

LOTS

Nothing to report.

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

Until next Friday!

Susan Andrews, aka SanibelSusan

Easter Blessings Abound On Sanibel


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

Susan Yard 03-18-16

 

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

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

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

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

arter rooney corace 03-30-18

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

SanCap Mtg 03-29-18

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

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

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

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

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

Upcoming Eventseaster61

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

Living Shoreline Approved Along Woodring Road

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

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

Great American Cleanup – Sanibel Canals

Here’s a little scoop from Facebook:

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

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

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

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

Sanibel

CONDOS

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

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

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

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

HOMES

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

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

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

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

LOTS

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

No price changes.

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

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

Captiva

CONDOS

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

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

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

No closed sales.

HOMES & LOTS

Nothing to report.

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

happy-easter4Happy Easter!

Susan Andrews, aka SanibelSusan

 

Almost Time to Get Your Island Green On


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

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

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

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

Lower Your Wind Insurance Premium

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

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

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

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

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

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

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

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

Upcoming Events

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

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

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

2018 chorus poster

What’s a Seller’s Continuing Maintenance Requirement?

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

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

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

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

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

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

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

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

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

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

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

Sanibel

CONDOS

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

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

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

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

HOMES

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

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

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

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

LOTS

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

No price changes, new, or closed sales.

Captiva

CONDOS

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

No price changes.

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

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

HOMES

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

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

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

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

LOTS

Nothing to report.

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

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

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

Island Sales This Week, 2018 Forecasts, & More


 

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

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

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

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

2018’s Top Trends

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

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

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

Report from Sanibel’s Finest

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

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

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

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

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

Planning Commission Acts on Ordinances Re: Pools & Flood Insurance

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

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

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

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

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

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

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

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

Annual Market Watch – Lee & Collier Counties

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

sancap GO MLS logoSanibel

CONDOS

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

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

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

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

HOMES

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

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

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

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

LOTS

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

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

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

No closed sales. 

Captiva

CONDOS

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

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

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

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

HOMES

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

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

No new sales.

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

LOTS

Nothing to report.

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

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

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

 

Brrrr…It’s Cold Outside


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

Insurers Try New Tactic To Limit Damage Claims

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Sanibel

CONDOS

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

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

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

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

HOMES

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

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

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

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

LOTS

No new listings or price changes.

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

No closed sales.

 Captiva

CONDOS

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

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

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

No closed sales.

HOMES

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

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

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

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

LOTS

Nothing to report.

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

Have A Great Weekend!

Elise for The SanibelSusan Team

 

 

 

 

 

 

 

 

 

 

 

 

 

Happy New Year From Sanibel


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

polar bear plungeNew Year’s Day Polar Bear Plunge

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

Sanibel Library Earns Award

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

“Ding” Darling Announces 2018 Film Series

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

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

Jan. 10 – Wings of Life

Jan. 24 – Tapped

Feb. 7 – From the Ashes

Feb. 21 – Chasing Coral

March 7 – The Forgotten Coast: Return to Wild Florida

Mach 21 – Mission Blue

April 4 – STRAWS

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

Sanibel

CONDOS

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

No price changes.

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

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

HOMES

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

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

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

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

LOTS

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

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

No new or closed sales.

 Captiva

CONDOS

No new listings or price changes.

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

No closed sales.

HOMES

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

No price changes.

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

No closed sales.

LOTS

Nothing to report.

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

happy new year

Happy New Year!

Elise for The SanibelSusan Team

Merry Christmas from Sanibel


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

Sanibel & Captiva Islands Association of Realtors®

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

ding darling goose logoFree Refuge Programs and Tours Begin In January 

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

henderson-franklinRent Tax Reduced Beginning January 1, 2018

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

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

What is the BRT?

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

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

House Bill 7109

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

Takeaway

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

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

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

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

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

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

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

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

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

Sanibel

CONDOS

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

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

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

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

HOMES

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

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

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

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

LOTS

1 new listings: 2987 Wulfert Rd $450K.

No price changes.

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

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

Captiva

CONDOS

No new listings.

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

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

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

HOMES

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

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

No new or closed sales.

LOTS

Nothing to report.

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

Santa on Beach

Wishing You & Your Family A Happy Holiday Weekend!

Elise for The SanibelSusan Team