Another Friday On Sanibel


A steady increase in traffic is noticeable here on the island, which we expect to continue through Easter. The weather has been great this week, but an additional cold front is expected to arrive this weekend and is due to stay around all next week. Wednesday morning low looks to be in the 30’s.

Sanibelcityseal logoBoat Ramp Rehabilitation Project Complete

The City of Sanibel Boat Ramp Rehabilitation project is complete and now open to the public. The project consisted of removal and replacement of the deteriorated concrete boat ramp. The completed boat ramp includes modified slopes for improved boating access and a new v-groove pattern for added vehicle traction. The dock walkways were widened and a railing added for safety. Parking at the boat ramp is available as paid hourly or through a valid Sanibel “C” parking pass.

Sanibel & Captiva Multiple Listing Service Activity January 5-12, 2018

Sanibel

CONDOS

4 new listings: Sundial West #J307 2/2 $759K, Surfside 12 #A1 3/2 $799K, Sanibel Arms West #D5 2/2 $849K, By-The-Sea #B202 2/2 $1.249M.

6 price changes: Lighthouse Point #220 2/2 now $450K, Mariner Pointe #521 2/2 now $475K, Sanibel Arms West #H2 2/2 now $499K, Mariner Pointe #1061 2/2 now $589.9K (our listing), High Tide #C101 2/2 now $939K, Gulfside Place #123 2/2 now $1.248M.

1 new sale: Blind Pass #D105 2/2 listed at $419K.

4 closed sales: Sundial West #G105 1/1 $425.1K, Loggerhead Cay #153 2/2 $870K, Sanibel Moorings #1221 3/2.5 $965K, By-The-Sea #9 3/2 $1.749M.

HOMES

8 new listings: 6143 Henderson Rd 4/3 $489K, 1169 Sand Castle Rd 3/2 $679K, 1550 Centre St 4/3 $725K, 1245 Anhinga Ln 3/2 $875K, 938 Pecten Ct 3/2.5 $1.195M, 569 Lighthouse Way 3/3 $1.395M (our listing), 4641 Belle Mer 3/2.5 $3.295M, 1310 Seaspray Ln 4/4 $5.795M.

6 price changes: 3784 Coquina Dr 3/3 now $625K, 9446 Beverly Ln 3/3.5 now $874.5K, 1470 Angel Dr 3/2 now $920K, 5402 Osprey Ct 4/3 now $1.025M, 1672 Hibiscus Dr 3/2 now $1.249M, 2167 Starfish Ln 4/4.5 now $1.975M.

8 new sales: 9292 Kincaid Ct 3/2 listed at $489K, 5301 Ladyfinger Lake Rd 3/2 listed at $649K, 1323 Par View Dr 3/2 listed at $649K, 1513 Sand Castle Rd 3/2.5 listed at $689K, 1314 Par View Dr 3/2 listed at $800K, 1341 Sand Castle Rd 3/2 listed at $845K, 1035 Kings Crown Dr 4/3 listed at $1.7495M, 547 Kinzie Island Ct 4/4.5 listed at $1.789M.

4 closed sales: 1312 Par View Dr 3/2 $685K, 700 Nerita St 3/2 $675K, 932 Whelk Dr 3/3 $1.15M, 3869 West Gulf Dr 6/7/2 $7.8M.

LOTS

7 new listings: 1313 Par View Dr $365,555; 809 Pyrula Ave $475K; 217 Violet Dr $575K; 3304 Saint Kilda Rd $699K; 6000 White Heron Ln $169K; 0 Sawgrass Pl $949K; 1321 Seaspray Ln $995K.

3 price changes: 2486 Wulfert Rd now $169K, 0 Island Inn Rd now $279K, 5251 Indian Ct now $729K.

No new or closed sales.

 Captiva

CONDOS

1 new listings: Beach Villas #2621 2/2 $650K.

No price changes or new sales.

3 closed sales: Sunset Captiva #201 2/2 $830K, Beach Homes #7 2/2 $1.4M, Beach Homes #8 4/3 $2.35M.

HOMES

1 new listing: 10 Sunset Captiva Ln 2/2.5 $989K.

1 price change: 11509 Chapin Ln 4/4 now $2.149M.

2 new sales: 15154 Wiles Dr 4/3 listed at $1.495M, 16167 Captiva Dr 4/3 listed at $1.595M.

1 closed sales: 14865 Mango Ct 2/2 $850K.

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

Almost Thanksgiving on Sanibel & Captiva


pilgrims-and-indiansSusan here, reporting the end of another busy week at SanibelSusan Realty Associates.

For those not in town, I would be remiss if I didn’t mention that this week has been the weather that makes most locals happy. Bright breezy days with temperatures down into the 60’s at night. The highs forecast for the next week range from low to high 70’s.

Picture perfect Thanksgiving weather for those lucky enough to be here for the holiday. Great weather for viewing property too, so we hope to have lots of real estate inquiries over the next week.

We had good showing action this week with some weekend and early week showings already scheduled for next week. It should be a busy one – holiday and all.

The activity posted in the Sanibel & Captiva Islands Multiple Listing Service since last Friday, follows a few news items.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday morning was the local Association of Realtors® November Membership meeting.

At The Sanctuary – This week being a West-End Caravan, it was handy that the meeting was at the newly refurbished Clubhouse at The Sanctuary. Here are a few photos of the new décor. It is beautiful with a natural coastal modern casual vibe.

sanctuary-11-17-16-lobbysanctuary-11-17-16-living-rmsanctuary-11-17-16-club-fireplacesanctuary-11-17-16-club-dining

After the meeting, I got a private tour of the new 6000 sq. ft. fitness center by Club Manager Ken Kouril. This building is under construction, but is two months ahead of schedule. Now due to open in January. It will be a wonderful improvement for Sanctuary owners too. The facility which replaces a smaller building taken down some months ago, will house larger areas for exercise equipment, plus a huge yoga studio, special spa treatment rooms, and larger locker/baths/changing areas. The new pool outside is large – as big as the Rec Centers – and elevated with expansive deck area. Next to the tennis courts will be court(s) for the new popular sport – pickle ball.

News From City Hall – The speakers at the meeting were Sanibel City Manager Judith Zimomra; Sanibel Senior Planner Roy Gibson, and City Accounting Operations Manager Laura Zautcke.

sanctuary-speakers-11-17-16

Sanibel City Manager – Judie began her comments with “Every town is unique. Everyone thinks theirs is. Sanibel really is.”

As partners in our industry, Judie further described how the City works to keep government lean and taxes low and how Council has focused on ways to systematically increase property values, by getting growth through reinvestment. Examples are renovations of commercial buildings like Bennett’s Fresh Roast which formerly was an old real estate office and Huxters Center which recently updated both inside and out through a new waiver system.

Sanibel Senior Planner – Roy’s power point further discussed planning and zoning initiatives for redevelopment of nonconforming island properties. The goal of the redevelopment vision statement is to provide equitable process for redeveloping non-conforming properties that existed at the time of incorporation to redevelop through a transparent process without expanding existing non-conformities. The redevelopment process steps include reviewing the existing Land Development Code regulations and amending them to enhance incentives and improve standards for redevelopment, including Build-back Regulations (non-conforming structures and non-conforming uses), Resort Housing District, and Commercial District standards.

Other recent amendments to Sanibel regulations related to redevelopment include pervious brick pavers (excluded from coverage calculations) and a revised definition of substantial improvement. Regarding pervious pavers for residential driveways, the pavers now are excluded from calculations of impermeable coverage. This exclusion applies only for conforming properties, and currently only applies to driveways for single-family and duplex properties.

Regarding substantial improvements – this is a big change. “Substantial improvement means any repair, reconstruction, rehabilitation, addition or other improvement, or combination or accumulation of any repair, reconstruction, rehabilitation, addition or other improvement of a structure in which the cost of the improvement equals or exceeds 50% of the market value of the structure at the time that an application is filed”. This 50% rule used to apply for five years, now it applies per project, so allows for more improvements in shorter timeframes.

Sanibel City Accounting Operations Manager – During Laura’s financial presentation, she described the changes in the City’s 2016/2017 budgets. Her pie chart on taxes paid by Sanibel citizens based on final rates adopted by taxing authorities in September showed the 2016 average residential taxable value to be $558,975 with an average tax bill of $8,641. Of that bill, 45.2% goes to Lee County schools, 26.2% goes to Lee County, 14.9% goes to the City of Sanibel, and 13.7% goes to independent districts (like the Sanibel Library District, Sanibel Fire & Rescue District, etc.)

She also proudly described how Sanibel’s operating millage rate steadily has gone down from 2.5 in 2007 to 1.9139 which was the rate in 2016 and will be again in 2017.

Essentially during the same time, 2006 to 2015, Citywide outstanding debt (governmental, sewer, & pension) has gone from $79,147,305 to $40,634,677.

Thanks to these speakers for keeping our Realtors® up-to-date on what is happening at City Hall. We appreciate these annual presentations and City cooperation with us and our members whether it be researching properties, their permit histories, improvement potential, or in educating us on ways to improve our services. We are very lucky to have them, their resources, and partnership.

1 in 4 Florida Owners With Mortgage is ‘Equity Rich’

Florida Realtors logoPosted on line yesterday at FloridaRealtors®:

“ATTOM Data Solutions’ Q3 2016 U.S. Home Equity and Underwater Report finds that 23.4% of U.S. homeowners with a mortgage are equity rich, meaning their loan-to-value ratio is 50% or lower. It’s a year-to-year increase of more than 2.6 million owners.

“In Florida, the ratio is similar, according to ATTOM, where 23.2% of owners with a mortgage are equity rich.

On the flipside, 16% of Florida owners with a mortgage are still “seriously underwater,” meaning they have a loan-to-value ratio of 125% or higher. Nationwide, the seriously underwater percentage is 10.8% – a year-to-year decrease of 854,000-plus homeowners.

“”Close to one in every five U.S. homeowners with a mortgage is now equity rich thanks to a combination of rising home prices and lengthening homeownership tenures,” says Daren Blomquist, senior vice president at ATTOM Data Solutions.

“”Median home prices increased on a year-over-year basis for the 18th consecutive quarter in Q3 2016, and homeowners who sold in the third quarter had owned their home an average of 7.94 years – a new high in our data and substantially higher than the average homeownership tenure of 4.26 years pre-recession,” says Blomquist. “As homeowners stay in their homes longer before moving up, they are amassing more home equity wealth.”

“A closer look by metro areas finds no Florida city in the top 10 on ATTOM’s list, however. Still, one city – Cape Coral-Fort Myers – was notable for being the only state city in the list of seven metro areas that saw the number of equity-rich homeowners increase by more than 10% as the area logged a 11.5% point increase.

However, one Florida metro area also made ATTOM’s list of seven cities where more than 20% of homeowners with a mortgage are still underwater: Lakeland-Winter Haven ranked at No. 7 with an even 20%.”

Upcoming Island Events

Nov 20 – Sunday – Sanibel Annual Thanksgiving Celebration beginning at 6:30 p.m. at BIG ARTS Schein Performance Hall.  Free non-denominational celebration of Thanksgiving. (SanibelSusan and fellow BIG ARTS chorus members will be singing, as will a new children’s chorus from The Sanibel School.)

flyer2016

Nov 24 – Thanksgiving Day – Turkey Bowl from 9 to 11 a.m. – 2-hand touch football at Sanibel Community Park, open to all ages.

Nov 25 & 26 – Friday & Saturday after Thanksgiving – 25th Sanibel Masters Art Festival from 9 a.m. to 5 p.m. at Sanibel Community Part (across the street from SanibelSusan Realty). BIG ARTS Community Chorus is singing two holiday sets Saturday morning.

Sanibel & Captiva Islands Multiple Listing Service Activity November 11-18, 2016

Sanibel

CONDOS

6 new listings: Sanibel Arms #B1 1/1 $369K, Sundial West #G307 1/1 $424.9K, Sundial West #H209 1/1 $439K, Loggerhead Cay #434 2/2 $639K, Snug Harbor #312 3/2 $739K, High Tide #C101 2/2 $1.195M (our listing).

c-bldg-closest

High Tide #C101 is 2600 sq. ft. – the entire first floor, one up over covered parking & storage at ground level. Elevator opens to only this unit & the one above. Light & bright with windows all-’round. Never rented, this residential condo offers easy living in small 14-unit complex with beachside pool, plus tennis on West Gulf Drive. Gulf view too!

2 price changes: Tennisplace #C21 2/1.5 now $369,555; Sandy Bend #6 2/2 now $949K.

3 new sales: Kimball Lodge #263 1/1.5 listed at $415K, Mariner Pointe #622 2/2.5 listed at $639K, Kings Crown #315 2/2 listed at $899K.

1 closed sale: Sundial West #A208 2/2 $790K.

HOMES

12 new listings: 2030 Sunrise Cir 3/3 $699K; 525 N Yachtsman Dr 3/2 $749K; 1559 Sand Castle Rd 3/2 $799K; 1683 Bunting Ln 3/3 $799,555; 8991 Mockingbird Dr 3/2 $829K; 1232 Par View Dr 3/2.5 $929K; 5838 Pine Tree Dr 3/3 $1.295M; 2474 Wulfert Rd 3/3/2 $1.495M, 3790 West Gulf Dr 3/2.5 $1.6M; 1717 Jewel Box Dr 3/3.5 $2.1M; 267 Ferry Landing Dr 3/2 $2.195M, 2405 Blue Crab Ct 4/4.5 $2.695M.

9 price changes: 4619 Brainard Bayou Rd 3/2 now $549.9K; 752/754 Cardium St 4/2 duplex now $639.9K, 3152 Twin Lakes Ln 3/3 now $789K; 3354 Barra Cir 3/2 now $899K; 1270 Bay Dr 3/2 now $1.299M; 2479 Blind Pass Ct 3/2 now $1.3M; 513 Lighthouse Way 3/3 now $1.795M; 2451 Blind Pass Ct 4/4.5 now $1,999,999; 4190 Dingman Dr 4/3.5 now $2.299M.

2 new sales: 5279 Umbrella Pool Rd 3/2 listed at $648K, 677 Durion Ct 3/2 listed at $728K.

2 closed sales: 1333 Par View Dr 3/2 $825K, 4014 West Gulf Dr 3/2/2 $1.35M.

LOTS

No new listings.

1 price change: 6419+6428 Pine Ave now $1.499M.

No new sales.

2 closed sales: 2153 Periwinkle Way $265K, 3965 Coquina Dr $350K.

Captiva

CONDOS

1 new listing: Bayside Villas #5320 3/3 $650K.

No price changes, new sales, or closed sales.

HOMES & LOTS

Nothing to report.

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

pilgrims-and-indians_whimsyclipsThanksgiving good wishes to all,

Susan Andrews aka SanibelSusan

Another Weekend of Beautiful Weather Expected


All’s well again this week on sunny Sanibel Island. After days of seemingly summer-like weather, Wednesday brought the first shower of the rainy season. After much-needed downpours for most of the afternoon, a low-humidity cool front arrived which resulted yesterday in plenty of sun, but temperatures into the low 70’s with a nice breeze. Today temps crept back up to the high 70’s, then it likely will bump back up into the low 80’s for the weekend, which should be perfect for those here celebrating Mothers’ Day.

Both phone and island traffic were light this week. With the end of the school spring breaks, visitor traffic likely will be off until these same schools are out for summer breaks. The locals look at this as the perfect time to again enjoy The Over Easy Café, Gramma Dot’s, and other island eateries that can have long lines “in season”.

Many agree that May and October are their favorite months – little hustle bustle and the best weather.

This week at SanibelSusan Realty, several of our listings had showings, with a few more scheduled this weekend, and we had two closings. Some post-season celebratory events are happening now too. A few tidbits about them and some news items are below, followed by a report of the activity posted in the Sanibel & Captiva Multiple Listing Service over the last seven days.

“Ding” Darling & Doc Ford’s Tarpon Tournament

Ding-Darling-Doc-Fords-Tarpon-Tourney-5th-anniversaryTonight and tomorrow are the 5th annual “Ding” Darling & Doc Ford’s Tarpon Tournament. The weather couldn’t be better and the water quality is good, so hopefully the first tarpon of the season have arrived.

The event begins with a captains’ meeting, anglers’ dinner, and auction tonight (5-9 p.m.) with the actual fishing tomorrow from 7 a.m. to 4 p.m. All sponsorships and gifts go to the “Ding” Darling Wildllife Society, while 100% of the entry fees go to tournament winners. Last year, it netted more than $50K for conservation and education at the J.N. “Ding” Darling National Wildlife Refuge.

We have several friends and clients participating in the tournament. Here’s hoping that this year’s event brings more success and that our pals catch winners. (Note this is a “catch, release, & care” tournament. Tarpon weight/size is estimated by photo or video only, with all tarpon immediately released.)

Ding Darling Society logoFifty boats participate, with four to six anglers per boat. These anglers come from all over.

This year, there again are a couple of teams from the UK, including one called “Fish & Chips” and some of the local teams advertise their sponsors in their team names, like “RS Walsh Landscaping”, “Florida Weekly”, and “Diversified Yacht Services”.

Jensen-logoJensen’s Marina/Operation Open Arms always dedicates their team to veterans.

Then, there is the team of gals, called “Fishin’ Divas”. Follow the tourney and their results at http://www.dingdarlingsociety.org/tarpon-tourney.

Sanibel & Captiva Island Association of Realtors®

rpacYesterday afternoon/evening was the 21st annual local association of Realtors® “after season” celebration which this year included a golf scramble, Cinco de Mayo party, and auction, all benefitting RPAC (Realtors® Political Action Committee).

Often held at The Sanctuary, this year because of their ongoing clubhouse remodel, it was moved to The Dunes where attendees, golfers particularly, were thankful that the deluge was the day before. It was a great day for golf – even with the cooling breezes.

RPAC 2016

A few colorful pals exiting RPAC event last night. L to R: Past-President of Sanibel & Captiva Islands Association of Realtors Bruce Cochrane & his wife Lisa (also affiliate member); 2016 Association President Lori Pierot, & Realtor Marlene Donaldson.

The total amount raised has not been announced yet, but the Sanibel & Captiva Association of Realtors® takes great pride in garnering awards each year from Florida Realtors® for their RPAC participation.

 

RPAC Lobsters 2016RPAC contributions by island Realtors® are high as we have seen the results of these dollars used close-to-home to support Realtor®- friendly legislators who protect property rights, to protect against ordinances which could harm real estate and promote those with positive influence (like build-back), to clean waterways, to provide competitive/affordable flood insurance, to protect the environment, and for beach re-nourishment. Another grant currently is in the works for another water quality study too. We love to see RPAC dollars at work!

For the auction, SanibelSusan Realty donated a jumbo Maine lobster bake dinner for six (gotta honor those Maine roots). It sold for a pretty penny and I purchased a couple of items too, both at the live and silent auctions.

DunesEntrySignAll-in-all, it was a fun time – super nice way to celebrate the end of “season”, and for a cause that helps us all.

The Dunes, our local RPAC committee, and our Association of Realtors staff, all did an excellent job.

Thanks to everyone involved, including fellow contributors!

Summer Hours at Sanibel Historical Village

Touring-the-Sanibel-Historical-Village-MuseumSummer hours have begun at the Sanibel Historical Museum & Village. It is open Tuesdays through Saturdays from 10 a.m. to 1 p.m. and it will close from July 30 until October 18th when it will reopen again with full-time hours (10 a.m. to 4 p.m.)

Wonder why? These buildings go back to pioneer days and are not air conditioned.

The Museum and Village were founded in 1984 to preserve, share, and celebrate Sanibel history. Its buildings and thousands of artifacts tell the story of the island from the Calusa and Spanish eras to the early pioneer families who settled on Sanibel in the 1800s.

Nine historic buildings have been moved from their original island sites and brought to the village with each building restored to its original state. More info at www.sanibelmuseum.org

Current Events Will Meet Through Summer

Island Sun logoAs posted in today’s “Island Sun”:

“For more than 34 years, men and women of Sanibel and Southwest Florida have met weekly to enjoy civil discourse on domestic and international news. The group meets every Monday year-‘round for two hours in Phillips Gallery at BIG ARTS starting at 10 a.m. Current Events will continue to meet during the summer months….”

City May Eliminate Cost Accumulation & 50% Restrictions

Sanibelcityseal logoAs reported in the “Santiva-Chronicle” on Wednesday:

“Sanibel took a step Tuesday, May 3, toward removing a pair of restrictions that will allow property owners to more easily make repairs without losing the city’s rating for flood insurance.

“The City Council directed the Planning Department to draft an ordinance that would remove the five-year cost accumulation period for improvements and what is known as the 50% rule for substantial improvements.

“The council sent the matter to the Planning Commission with a view toward an ordinance returning to the council for a first reading at the June 7 meeting followed by a public hearing and vote at one of two meetings in late July.

“Both the five-year cost accumulation period and the 50% rule were once part of the Federal Emergency Management Agency requirements for flood insurance, which Sanibel has been a part of since 1979. Both have been removed and the city’s consultant has advised the city that it will not lose its Class 5 flood insurance rating with FEMA if it removes both restrictions.

““We anticipate that this will help homeowners in projects such as impact windows, shutters and other things to make structures more sound,” Planning Director Jim Jordan told the council. “It removes a lot of the obstacles for homeowners to make improvements.”

“Mayor Kevin Ruane made the motion to send the ordinance to the Planning Commission with the “enhancements” of removing the restrictions.”

Causeway Traffic Numbers About the Same As Last Year

Although we all did plenty of complaining about traffic this winter, the numbers published this week in the local papers say that causeway traffic was not much more than 2015. Here are a few excerpts from today’s “Santiva-Chronicle”:

sanibel causeway“March is Sanibel’s busiest month, the month when the traffic is at its peak. It’s the month when, all else being equal, Sanibel can gauge how well it got through with its traffic campaign. The city has to like what it sees from the Sanibel Causeway.

“The causeway is a leading traffic indicator and numbers from Lee County for March show that traffic on the bridge during the busiest month showed only a slight increase over 2015. The numbers show that 356,633 vehicles used the causeway in March compared to 355,695 in March 2015. That’s an increase of 938 vehicles, a miniscule 0.26%.

“The three-month totals show a less than 1% increase in traffic for the year. Through three months last year, the causeway total was 963,446 and through March of this year it’s 965,586, an increase of 2,140 vehicles.

“Sanibel has taken several steps to calm the traffic on the island during the peak season. As it regards the causeway, the most important steps were the city’s messages to day-tripping tourists. Instead of coming here and driving around, come get a bicycle and stay awhile has been the crux of the city’s plea. It was delivered in a variety of ways, including a video with Mayor Kevin Ruane. The city also mounted three live traffic cameras that can be viewed at www.mysanibel.com.  One of them is on the causeway.

“The causeway numbers aren’t perfect indicators through three months. January was plagued with 16” of rain and that put a damper on tourism on several days. Causeway traffic fell 2.53% in January. The numbers show 299,519 vehicles went through the toll plaza in January and that’s down from 307,302 in January, 2015. It was the first time in 22 months causeway traffic fell. But city officials were hesitant to celebrate that number because of all the rain.

“Figures from Lee County show that 309,434 vehicles used the causeway in February. That’s up 8,985 vehicles from 2015 and technically goes down as an increase of almost 3%. But 2016 is a leap year and the 29th day skews the numbers.”

Sanibel & Captiva Multiple Listing Service Activity April 29-May 6, 2016

Sanibel

CONDOS

6 new listings: Sundial West #F105 1/1 $399K, Ibis at The Sanctuary #A302 2/2 $485K, Loggerhead Cay #592 2/2 $549K, Tarpon Beach #201 2/2 $745K, Sandy Bend #6 2/2 $950K, Pine Cove #102 3/2 $1.495M.

1 price change: Island Beach Club #210B 2/2 now $589K.

2 new sales: Sanibel Arms #E2 1/1 listed at $375K, Lighthouse Point #325 listed at 2/2 $830K.

10 closed sales: Mariner Pointe #951 1/1 $410K, Sanibel Arms West #J4 2/2 $425K, Sundial West #B207 1/1 $470K, Sanibel Arms West #A6 2/2 $525K, Compass Point #203 2/2 $651K, Cottage Colony West #126 1/1 $620K (our buyer), Sanctuary Golf Village I #2-2 3/3 $650K, Nutmeg Village #309 2/2 $765K, Snug Harbor #113 2/2 $900K, Snug Harbor #121 3/2 $970K.

 

CCW 126

Cottage Colony West #126

 

HOMES

10 new listings: 2150 Egret Cir 3/2 $489K; 1439 Albatross Rd 3/2 $499,994; 3927 Coquina Dr 3/2 $599,995; 1585 Serenity Ln 3/3 $599K; 752/754 Cardium St 4/2 multi-family $639.9K; 5292 Umbrella Pool Rd 3/2 $669K; 726 Cardium St 3/3 $795K; 8995 Mockingbird Dr 3/3.5 $990K; 2479 Blind Pass Ct 3/2 $1.3M; 1528 San Carlos Bay Dr 3/3 $2.295M.

5 price changes: 9475 Beverly Ln 3/2 now $529.5K, 5749 Pine Tree Dr 3/3 now $699K, 760 Windlass Way 3/3 now $979K, 1326 Seaspray Ln 4/4.5 now $2.395M, 4190 Dingman Dr 4/3.5 now $2.5M.

4 new sales: 1717 Sand Pebble 3/2 listed at $449K, 2114 Egret Cir 3/2 listed at $498K, 1410 Causey Ct 3/2 listed at 599K, 1658 Sabal Palm 2/2 listed at $875K.

14 closed sales: 1717 Sand Pebble Way 3/2 $400K, 1125 Captains Walk St 3/3 $560K, 958 Cabbage Palm Ct 2/2 $590K, 1475 Sand Castle Rd 3/2 $725K, 689 East Rocks Dr 3/3 $745K, 577 Lake Murex Cir 3/2 $750K, 249 Daniel Dr 2/2.5 $755K, 236 Palm Lake Dr 3/2 $845K, 3711 Agate Ct 3/2.5 $885K, 460 East Gulf Dr 2/2.5 $1.289M, 907 Kings Crown Dr 4/3 $1.95M, 2518 Tropical Way Ct 3/3.5 $2.15M, 1018 Whisperwood Way 3/5 $2.2M, 1196 Bay Dr 4/4.5 $2.59M.

LOTS

No new listings.

2 price changes: 1311 Par View Dr now $294.9K, 4538 Bowen Bayou Rd now $299,555.

No new sales.

NewStraight

View from 837 Limpet Dr

2 closed sales: 6159 Starling Way $608K, 837 Limpet Dr $725K (our listing).

 

Captiva

CONDOS

No new listings.

1 price change: Bayside Villas #5316 3/3 now $599K.

No new sales.

2 closed sales: Bayside Villas #5208 1/2 $280K, Lands End Village #1641 2/2 $1.3M.

HOMES

No new listings.

3 price changes: 11526 Laika Ln 4/4 multi-family now $1.85M, 16464 Captiva Dr 8/8.5 now $6.395M, 16151 Captiva Dr 4/3 now $8.8M.

1 new sales: 15 Seascape 3/2.5 listed at $995K.

1 closed sale: 11535 Andy Rosse Ln 4/4 $2.225M.

LOTS

Nothing to report.

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

Dave & Mom 08-1976

When Dave & I were a lot younger, 1976

’til next week…Happy Mothers’ Day!

 

Susan Andrews, aka SanibelSusan

mothers-day-border-clip-art-5

Memorial Day Weekend 2015 on Sanibel/Captiva Islands


It’s already another Friday with Sanibel and Captiva Islands gearing up for a holiday weekend. Our phones at SanibelSusan Realty have been quiet today, but those coming from off-island this morning remarked that there were families staking out spots on the causeway as early as 7:30 a.m.

Below are a couple of cell phone photos snapped this afternoon. It’s that time of the year when the sky is bright blue and the gulf is bright blue-green – gorgeous! These were taken at the Fulgur Street beach access between Compass Point and Sanibel Siesta.

At SanibelSusan Realty Associates

SANSLogoOur listings had few inquiries and showing requests this week, probably related to a slowdown in traffic, but with a home closing on Monday, us assisting clients in town doing due diligence and inspections, and another closing coming up early next week, we have stayed busy.

Teammate Dave has heading out to show a condo, while Elise finalizes her weekly report of the activity posted in the Sanibel & Captiva Islands Multiple Listing Service which follows some news items below.

SanCapAssnLogoWednesday was the annual island Association of Realtors® RPAC fundraiser at The Sanctuary. Dave played in the afternoon golf scramble, while I attended the event after work which included both silent and live auctions.

rpacTalley in process for total funds raised. I know my checkbook has another good dent in it. The Sanibel/Captiva goal is to win five of the five state awards this year.

Because of the RPAC event, there was no caravan yesterday, but there will be one next week. Always interesting this time of the year to see if there are any new listings. We have one in the works.

Save Sea Turtles

Sanibelcityseal logoIt is sea turtle nesting time, so worth a repeat of the below info that was contained in a May 1, 2015 flier that accompanied City mail last week:

“Turn Off Lights & Close Curtains/Blinds After Dark – Hatchling sea turtles are guided to the ocean by an instinct to travel away from the dark silhouettes of the dune vegetation and toward the brightest horizon – light from the sky reflecting off the ocean. Artificial light near the beach can deter females from nesting and disorient hatchling sea turtles. Most hatchlings that wander inland die of exhaustion, dehydration or predation. Local ordinances in effect year-‘round prohibit BOTH interior and exterior lights from illuminating the beach.

“PROBLEM: Interior lighting sources including chandeliers, lamps, and other fixtures that are visible from the beachfront. Unshielded interior lighting, even from just a single beachfront condominium, resort unit, or residence, is enough to disrupt the normal sea-finding behavior of sea turtle hatchlings. SOLUTION: Close curtains and blinds or turn off lights after dark.

“PROBLEM: Exterior lighting sources including flood lights, porch, ceiling fan lights, parking area lights, and other fixtures that are visible from or directly, indirectly, or cumulatively illuminate the beach. SOLUTION: Shield or turn off outdoor lights near or facing the beach. Replace the light source with a low-wattage yellow or amber bulb.

“PROBLEM: Portable lighting sources including flashlights, lanterns, or flash photography. SOLUTION: Avoid using flashlights, lanterns, or flash photography while on the beach at night. Cover the lens of your flashlight with red cellophane to make it less disruptive to sea turtles.

“For more information regarding sea turtles on Sanibel or the City’s beachfront lighting regulations, please visit the City’s website at http://www.mysanibel.com/Departments/Natural-Resources/Protecting-Our-Beaches/Sea-Turtles….”

Sea Turtles & Gopher Turtles – Big Difference

Facebook logoWith so much in the news about sea turtle nesting, it was with interest that I saw the following posting this week on the Facebook group page called “Beautiful Sanibel Island”.

I messaged the author, Kelly Everette Householder, who agreed to share her thoughts here too. Thank you, Kelly!

“Friends of this page – I want to relate a story that happened on the beach yesterday. My husband and I were sitting in our chairs at the water’s edge just enjoying the day. There was a small commotion behind us. There was a kind old gentleman who had found a “turtle”. He placed it at the waters edge but it tried to crawl toward the beach so this man thought to “help” the turtle by carrying it out past the second sandbar and letting it go.

“Although we did not get a good look at the animal, we became convinced that it was not a sea turtle but instead a small tortoise. The man returned from his rescue and walked off down the beach. My husband and I and another family watched as this “turtle” floated and swam. My husband swam out and got him and brought him back to the beach. Sure enough it was a gopher tortoise as we had suspected. Hubby took him over the dunes and released him back to his habitat.

“I post this to educate people the difference between a tortoise and a sea turtle. The biggest difference that is obvious is sea turtles have flippers (or fins) while land turtles have claws for digging. (See pictures below. Sea turtle in top photo, gopher tortoise on bottom.) Other differences include shape of the shell and color. I know this man thought he was doing a good deed but we should all remember that wildlife does not first and foremost need our human help except in rare instances such as what my hubby did. If you see an island animal in danger please call the authorities (i.e. C.R.O.W., or even the Sanibel Police Dept).

sea turtle

gopher turtle

“We have been coming to this island for 22 years and have raised our children to love and respect the wildlife here. I’m saddened by several things I have seen on this trip. A man sailing sand dollars like Frisbees and a young mother who swatted a young child’s hand after he picked up a tiny crab to show her. We have seen people leaving the poles to their umbrellas on the beach overnight and even after being tagged for it continuing to do so. I guess they thought they were special and did not have to follow the laws that the rest of us follow every day. And finally, the people who came from the public park next to our complex and set up camp at the end of the beach in front of our building and proceeded to help themselves to our pool. I have been amazed and disheartened by the lack of respect to nature and mankind in general.

“I’m not sure all the awards and advertising is a good thing for our island sanctuary. This truly is not a beach for everyone. If you are looking for white, pristine beaches with absolutely nothing on them but people please go to one of the many other beaches in Florida that can accommodate the average beach-goer.

“Please come to Sanibel to enjoy the preserved and as unspoiled as possible flora and fauna that we all appreciate so much. Keep in mind that our beaches have many, many shells that can hurt your feet. There are shell casings, driftwood and numerous washed up items on the beaches. Our beaches are not groomed to look like a perfect photograph. We find that real nature provides a much more beautiful picture. Enjoy it but leave only footprints!”

Summer Vacation Bookings

vip_logo_115At lunch today with pal David Schuldenfrei and his wife, Roberta, we talked about how our business stayed busy longer this year and how this is the first week that the phones have noticeably stopped ringing. David manages VIP Vacation Rentals and sells real estate here too. He remarked with another “first” when he said, “Of VIP’s many weekly vacation rental properties, fewer than 35 are available for any week between now and the end of August.” With schools not out yet, he said that is a new record, probably related to the recent announcement that Sanibel is the nation’s top family vacation destination.

Soooo, if you know anyone looking for a vacation rental here this summer, better suggest that they get those reservations made now!

City of Sanibel Hurricane Seminar for 2015 Season

Sanibelcityseal logoNext Friday, May 29, from 1 to 3 p.m., the City of Sanibel will sponsor the 2015 Hurricane Seminar to educate residents, property owners, business owners, and island workers. The seminar is free and will be held at BIG ARTS at 900 Dunlop Road. Sanibel hurricane re-entry permits will be available for residents and businesses. For requirements, visit the Police Department section of the City website www.mysanibel.com. (The 2012 hurricane re-entry passes still are valid and in use.)

Economists Revise Housing Forecasts

realtor logoHere is a little change in the forecast as posted today on Realtor®Mag’s “DAILY REAL ESTATE NEWS” on line:

FannieMaeLogo“Economic growth is expected to moderate for the rest of the year, but housing is one sector that is expected to post solid gains, according to Fannie Mae’s newly released report from its Economic & Strategic Research Group.

FreddieMacLogo_3“Economists with mortgage giant Freddie Mac also released a report this week revising housing forecasts upward for the remainder of the year. Economists expect that with tight for-sale inventories home prices will rise 4.5% this year, revised up from 4% in a prior report.

“”The labor market has added 5 million additional jobs, the unemployment rate is significantly lower, and housing markets are generally in much better condition than two years ago,” says Len Kiefer, deputy chief economist at Freddie Mac.

“Fannie Mae economists note that mortgage applications for home purchases –a gauge of home sales — have moved up consistently for the past couple of months.

“”While refinance applications have recently pulled back, the actual volume of both purchase and refinance originations earlier in the year came in stronger than we had projected,” says Doug Duncan, Fannie Mae’s chief economist. As such, Fannie Mae economists have raised their mortgage origination forecast to $1.46 trillion for this year

“”We are seeing positive developments in the housing space, supporting our forecast of moderate but broad-based improvement in 2015 compared to last year,” Duncan says.

“The wild card for the market may be what happens with mortgage rates in the next few months. Low mortgage rates have helped to keep homebuyer affordability high in the first quarter of this year, but housing markets will likely see an increase in interest rates for the remainder of year, Freddie Mac economists note.

“”For the remainder of this year, we’re likely to continue to see these mortgage rate swings as market participants try to anticipate Fed timing around rising short term interest rates,” says Kiefer. “Unfortunately, perspective home buyers may experience bouts of affordability shock in many housing markets. So far it’s been low mortgage rates that have helped to keep homebuyer affordability strong in the face of rising house prices, while income growth remains stagnant.””

Sanibel & Captiva Multiple Listing Service Activity May 15-22 

Sanibel

CONDOS

4 new listings: Sundial #B408 1/1 $465K, Island Beach Club #F230 2/2 $649K, Sandalfoot #4C3 2/2 $699K, Junonia #210 3/2 1.195M.

3 price changes: Sanibel Arms #E7 1/1 now $339K, Sanibel Arms #F2 1/1 now $639K, Seascape #301 3/3 now $1.28M.

4 new sales: Duggers #2 1/1 listed for $329K, Sundial #H109 1/1 listed for $339K, Sundial #J401 1/1 listed for $499K, Sandpiper Beach #504 2/2 listed for $669K.

6 closed sales: Captains Walk #A2 1/1 $205K, Sealoft Village #105 2/2 $450K, Nutmeg Village #304 2/2 $600K, Sanibel Surfside #211 2/2 $759K, Lantana #102 4/3.5 $1.325M, Seascape #105 3/3 $1.75M.

HOMES

2 new listings: 2451 Blind Pass Ct 3/4.5 $2.41M, 1238 Isabel Dr 5/3/3 $3.97M.

5 price changes: 450 Lake Murex Cir 3/2 now $539K, 9032 Mockingbird Dr 3/2 now $598.9K, 987 Sand Castle Rd 4/3.5 now $675K, 420 East Gulf Dr 3/3 now $709K, 1065 Fish Crow Rd 2/2 now $749.9K.

3 new sales: 2407 Shop Rd 2/1 listed for $299K, 1409 Causey Ct 3/3 listed for $599K, 4203 Dingman Dr 4/3 listed for $2.695M.

12 closed sales: 1452 Sandpiper Cir 2/2 half-duplex $320K, 868 Rabbit Rd 3/2 $350K, 659 Donax St 2/2 $475K (our Seller), 3168 Twin Lakes Ln 3/2 $530K, 603 N Yachtsman Dr 3/2 $640K, 8999 Mockingbird Dr 3/2 $755K, 228 Hurricane Ln 3/2.5 $775K, 395 Old Trail Rd 5/4 $800K, 1056 Sand Castle Rd 3/2 $835K, 190 Violet Dr 3/2.5 $995K, 1138 Harbour Cottage Ct 3/2.5 $1.05M, 2720 Coconut Rd 3/3.5 $1.5M.

LOTS

No new listings.

1 price change: 1304 Eagle Run Dr now $219K.

1 new sale: 3354 Barra Cir listed for $319K.

3 closed sales: 1332 Eagle Run Dr $242.5K, 643 East Rocks Dr $300K, 2494 Blind Pass Ct $600K.

Captiva

CONDOS

No new listings.

2 price changes: Beach Villas #2322 1/1 now $499K; Captiva Bay Villas #B 3/3.5 now $1,895,555.

No new sales.

2 closed sales: Sunset Beach Villas #2237 2/2 $670K, Sunset Beach Villas #2335 3/3 $755K.

HOMES

No new listings.

1 price change: 16464 Captiva Dr 8/8.5 now $7.699M.

1 new sale: 1131 Longifolia Ct 4/4 listed for $3.69M.

No closed sales.

LOTS

Nothing to report.

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

Happy Memorial Day Weekend to all! Susan Andrews, aka SanibelSusan

memorial day