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



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.


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.


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.



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.


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.


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

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



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.


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.


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.



No new listings or price changes.

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

No closed sales.


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.


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

Sanibel Luminary 2017 Is About to Begin

11-24-2017 beach

Lake O releases are being reduced again starting today, but already one can see water quality improving.



It’s SanibelSusan posting her Friday island blog a little early today as it’s almost time to head out for the kick-off of Sanibel Luminary at The Sanibel Historical Village and Museum. The islands Community Chorus is singing from 4-4:45 p.m., followed by the Sanibel Band. Then at 5:30 p.m., the official Luminary Trail is lit with festivities until 9 p.m.

The islands already are twinkling with holiday lights and decorations, but it hardly feels like December weather. Yesterday it hit the mid-80’s, but it’s back into the high 70’s today.

More of the same is expected until the end of next week when a cold-front (Florida-style) is expected. (That means perhaps highs in only the 60’s next Thursday and Friday.)

This weekend, it looks like attendees can forget their ugly Christmas sweaters and go with “shorts’ for Sanibel’s Luminary tonight and Captiva’s tomorrow.

SanibelSusan Realty Happenings

In preparation, the island seems to have settled into a pre-Christmas mode this week. Little sales action was announced yesterday at the Thursday Realtor® Caravan meeting.

I was pleased to announce the quick sale of our new listing overlooking Dinkins Bayou on Harbour Lane and we had two of the properties on the 9 a.m. to noon Caravan that followed the meeting.

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

Upcoming Events

  • Elf Jr. The Musical – This comedy is running from now through Tues, Dec 5 at The Community House. The Community House theater is a unique space with the audience on three sides, you become part of the show. Creative Theater Workshop will also have auditions for Aladdin, Jr on Sat, Dec 2 at The Community House for youth ages 8 to 18. This show will feature workshops in stage combat, special effects, fencing/sword fighting, singing, dancing and acting. Audition sign-ups at www.CTW.Life.
  • Shell Harbor Boat Parade – This is a new event planned by the homeowners’ association to be held Sat Dec 16 with boats gathering at 5:30 p.m. and the parade starting shortly after. It will begin just outside Sanibel Harbour in San Carlos Bay and proceed down the main Shell Harbor canal before turning around in the Victoria Cove basin. Find more info at the Shell Harbor Property Owners Association Facebook page.

2017 Hurricane Season Has Ended – But Issues Linger

The following article from Tallahassee was posted yesterday on line at FloridaRealtors® and credited to Jim Turner of “News Service of Florida”.

“Thursday was the last day of the highly active, deadly and destructive 2017 Atlantic hurricane season, but Floridians will feel its impact for years.The massive hit from Hurricane Irma caused direct physical and emotional impacts in Florida, and ripples continue to come ashore as thousands of people flee Hurricane Maria’s devastation in Puerto Rico and the U.S. Virgin Islands.

“Politicians are scrambling to determine how much of the next state budget will be dedicated to covering losses that may or may not be paid by the federal government. They’re also looking at regulatory changes for nursing homes and debris-removal companies, as well as changes dealing with issues such as evacuation lanes, shelters and a potential state fuel reserve.

“Gov. Rick Scott, who was a visible face before and after Irma struck, said Monday that he’d like to boost the availability of propane for generators before the 2018 storm season. “You always learn something,” Scott said. “Everybody had generators. This last time we started running low on propane. I want to make sure that doesn’t happen again. But everyone did a good job. Highway safety, we kept the fuel going.”

“Visit Florida spent $5 million to tell potential tourists that the state quickly reopened after Hurricane Irma, even as scars from the September storm remain etched across agricultural fields and the Florida Keys….

“Members of the House Select Committee on Hurricane Response and Preparedness will meet Monday and discuss potential storm-related recommendations for the 2018 legislative session, which starts in January. Among the possibilities are legislation about housing, agriculture tax relief, hardening for emergency-operations centers and management of shelters.

National weather service logoMark Wool, the warning coordination meteorologist at the National Weather Service’s Tallahassee office, called 2017 the busiest for the Atlantic since 2005.”We didn’t have any things working against tropical cyclone development like in recent years,” Wool said. “There was no El Nino in effect, which tends to suppress things. Didn’t see a lot of dust coming off Africa. We had a very warm ocean and the depth of the warm water was quite large. And all of those things tend to fuel development of a lot of storms.”

“Emergency management officials each year stress preparing for hurricanes. But Wool said the flatness of Florida requires additional vigilance by coastal communities against flooding, as the state is also experiencing a period of rising sea levels. “Parts of South Beach are flooding now without any storms. Blue skies, tidal flooding, the king tides,” Wool said. “We’ve seen times in the historic record where we’ve had large fluctuations in sea level, and we’re certainly on the upswing.”

“As of Nov. 13, more than 830,000 property owners across the state had filed claims for $5.88 billion in insured losses from Irma, which was one of four storms – Tropical Storm Emily, Irma, Hurricane Nate and Tropical Storm Philippe – that had a direct impact on the state during the six-month hurricane season.

Emily in early August made landfall on Anna Maria Island and quickly was downgraded to a tropical depression. Nate brushed the western Panhandle on Oct. 8 as the center of the storm came ashore near Biloxi, Miss. Philippe brought rain and couple of tornadoes to the southern part of the state as it made landfall Oct. 29 with 45 mph winds in Southwest Florida.

Hurricane irma map“Overall, there were 17 named storms this year. The most devastation came from Harvey’s Aug. 26 landfall in Texas, Irma’s double landfall and run-up of Florida starting Sept. 10, and Maria’s destruction of utilities and other infrastructure across Puerto Rico on Sept. 20. While spinning in the Atlantic, Irma reached maximum sustained winds of 185 mph, a pace it held for a record 37 consecutive-hours. Nate also set a record in October for the fastest forward motion recorded for a hurricane in the Gulf of Mexico.

“We certainly did establish some records,” Wool said. “Harvey’s rainfall established a new rainfall record for one system in the United States. I think some areas had 60 inches of rains, which was phenomenal.”

“Irma also set new benchmarks for evacuees – an estimated 6.5 million people left their homes in advance of the storm – and power outages and restoration crews. Florida Power & Light, for example, reported 90% of its customers – about 10 million people – were without power on average 2.3 days.

“The agriculture industry has put a preliminary estimate of $2.5 billion on its losses from the storm.

However, Florida leaders have yet to convince the White House and Congress to include an estimated $761 million in losses to the citrus industry in a series of disaster-relief packages this year. State Agriculture Commissioner Adam Putnam again implored Florida’s congressional delegation on Tuesday to support U.S. Rep. Tom Rooney’s proposal to add $1.5 billion for Florida’s agricultural industry to a $44 billion disaster-relief request sent to Congress on Nov. 17 by the White House Office of Management and Budget.

“While awaiting federal assistance, Scott authorized a $25 million interest-free loan program for citrus farmers.

“Visit Florida, meanwhile, directed $5 million from its tourism budget for a special post-Irma marketing campaign, and Scott has requested lawmakers boost Visit Florida’s marketing dollars from $75 million in the current year to $100 million because of the need to have post-disaster marketing money readily available.

“Despite the state saying tourism numbers continue to climb, hotels remain closed in parts of the Keys, where housing issues have grown for workers after Irma devastated a number of areas outside of Key West. The Islamorada Resort Company, which hired more than 500 construction workers to repair storm damage at four locations on the islands, is reopening the first of the four on Dec 15 and the second a month later….”

Sanibel & Captiva Multiple Listing Service Activity November 24-December 1, 2017



4 new listings: Captains Walk #D5 2/1 $299.5K, Sunset South #7C 2/2 $598K, Cottage Colony West #101 1/1 $649K, Shorewood #2B 3/3 $1.568M.

3 price changes: Seashells #40 2/2 now $349.9K, Kimball Lodge #303 1/2 now $599K, Pointe Santo #B2 2/2 now $799K.

4 new sales: Seashells #44 2/2 listed at $339K, Sunset South #1C 2/2 listed at $685K, Nutmeg Village #205 2/2 listed at $769K, Bougainvillea #A3 4/4 listed at $3.695M.

2 closed sales: Seashells #11 2/2 $331K, Nutmeg Village #100 2/2 $950K.


10 new listings: 1438 Sandpiper Cir 3/3.5 half-duplex $414K; 5306 Ladyfinger Lake 3/2 $549K; 9240 Belding Dr 3/2.5 $585K; 749 Cardium St 3/2 $769K; 1450 Sand Castle Rd 3/2 $799K; 1807 Serenity Ln 3/2 $799,999; 3239 Twin Lakes Ln 3/2 $979K, 899 Almas Ct 3/2 $1.249M; 490 Sawgrass Pl 3/2.5 $1.695M; 547 Kinzie island Ct 4/4.5 $1.789M.

6 price changes: 4542 Bowen Bayou Rd 3/2 now $572K, 1317 Par View Dr 3/3 now $629K, 241 Violet Dr 3/2.5 now $750K, 932 Whelk 4/3 now $1.224M, 1672 Hibiscus Dr 3/2 now $1.269M, 411 Bella Vista Way 4/4 half-duplex now $2.15M.

5 new sales: 915 Palm St 3/2 listed at $475K, 1187 Sand Castle Rd 3/2 listed at $635K, 2030 Sunrise Cir 3/3 listed at $649K, 2510 Harbour Ln 2/2 listed at $749K (our listing), 411 Bella Vista Way 4/4 listed at $2.15M, 4649 Rue Belle Mer 3/2.5 listed at $2.595M.

2 closed sales: 1270 Bay Dr 3/2 $1.334M, 3547 West Gulf Dr 4/4 $3.9M.


1 new listing: 2460 Library Way $349K.

1 price change: Lot 27, Leisure Acres now $59K.

No new or closed sales.



1 new listing: Sunset Beach Villas #2212 1/1 $530K.

1 price change: Beach Villas #2617 1/1 now $525K.

No new or closed sales.


1 new listing: 11535 Chapin Ln 4/3 $1.449M.

No price changes, new, or closed sales.


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 transaction.

Wishing you fair weather & a great weekend too! Susan Andrews aka SanibelSusan

SanCap Aerial 11-29-2017 Jim Szabo

Photo posted on Facebook by Jim Sazbo SanCap Aerials

Veterans Day Weekend on Sanibel

Today On Island 11-10-17

It’s Susan with your Friday news from The SanibelSusan Team. After recent reports about the weather up north, you may not want to hear that it has been another week of wonderful weather here. (Photo above taken today. It doesn’t get much prettier!) Temperatures topping out in the low 80’s and cooling into the 60’s at night is near- perfect to many locals. We hope it continues.

The roadways and bike paths continue to fill up, so though we are not quite into “season”, it is getting close. I heard the first “the traffic is awful” comment this week. That very well may be the norm this winter. With so many resort areas in Southern Florida and the Caribbean recovering from the summer storms, I bet Sanibel and Captiva are more popular than ever this winter. Many vacation rental properties already report that they are “fully booked” for season.

At the Sanibel & Captiva Island Association of Realtors®

Sanibel realtors logoWed evening from 5 to 7 p.m., the Sanibel/Captiva Association of Realtors® “Fall Into Christmas” benefit for Friends Who Care was a huge success. Member attendees and their families and guests came with unwrapped toys, gift cards, and check/cash donations. With close to $3,000 collected as well as a tree full of toys, these contributions will be delivered to this local non-profit before their toy sorting and wrapping event at The Community House on Dec 19. Deliveries then will be made by Kiwanis Santas on Dec 23.

It sure was fun and rewarding to spearhead such an event. Thank you to event sponsors: American Momentum Bank, Barrier Island Title, Dorado Property Management, Florida Community Bank, Private Client Insurance Services, Rosier Insurance, Seacoast Cottage Company, Superior Title, and Tru-Clean Carpet and Tile Care.

Thanks too to Danny Morgan who provided the music and Jim Anderson the photos, while many Realtors and affiliate business partners helped behind the scenes, especially our hardworking committee members, aka Santa’s elves.

Fall Into Christmas

Yesterday was the first “east end” Caravan of the now-weekly schedule. Thirteen new listings were open for viewing, with several other new listings announced too, but only a handful of new sales.

Next week is “west end” caravan, followed by Thanksgiving, so the next “east end” caravan is not until Nov 30. We will have our new Anchor Drive listing open then.

A weekly report after a few news items below, covers the action posted in the Sanibel and Captiva Islands Multiple Listing Service since last Friday.

Upcoming Events

Memorial Day Eagle FlagVeterans Day Ceremony – Tomorrow, Saturday, Nov 11, on the grounds of Sanibel City Hall at 10:45 a.m.

Taste of the Islands – CROW’s 36th annual fundraiser, this year called “A Taste of CROW at Taste” is Sunday, Nov 12, from noon to 5 p.m. at the Sanibel Community House and Park, right across the street from our office. The new twist this year is the opportunity to attend programs and visit some of the animal ambassadors. Bring your lawn chairs, but no pets, as wildlife will be there this year. Tickets are $7 for adults. Free for children up to 12. The trolley starts at 11 a.m. with parking available at Bank of the Islands, Sanibel-Captiva Trust Company, and the Post Office. Starting at 1 p.m., parking also is available at the three near-by churches.

crow 36th tasteInside the Community House, at 12:30 p.m., 2 p.m. and 3 p.m., CROW will have animal ambassador presentations with Bashful (a Virginia opossum), Sheldon (the gopher tortoise), Lola (an American Kestrel), and Violet (an Eastern Indigo snake). Also at The Community House, attendees may purchase from the popular Adopt-A-Species program. Some of the species offered for adoption include a bald eagle, sea turtle and gopher tortoise. A silent auction in The Community House will be ongoing until 4:30 p.m.

Outside, fourteen restaurants are participating in the event and looking for your votes. Dishes will range in price from $1 to $6 and can be purchased with CROW bucks. Beer, wine, and margaritas will be available, plus a variety of music by LCEC Killa-Watts will entertain all afternoon.

give-thanksAnnual Sanibel Thanksgiving Celebration – Sunday, Nov 19, at 6:45 p.m. at The Community House. Free admission. A non-denominational program with music and song by the BIG ARTS Community Chorus and Sanibel School’s Seahorse Chorale. Following the celebration, cookies and apple cider donated by Bailey’s General Store and Jerry’s Foods. Guests are encouraged to bring a donation for FISH of San-Cap.

To Addendum Or Not to Addendum?

Florida Realtors logoThose of you who know me well, know that I am conservative and a stickler for detail. Some good examples are offered in the below article posted on-line Nov 6 at FloridaRealtors®.org. It is by Meredith Caruso, Manager of Member Legal Communications for Florida Realtors®.

“In an ideal world, after a buyer and seller execute a contract, things proceed seamlessly, no issues arise at all, and the parties close on their agreed-upon closing date.

“The reality: While that can occur in your transactions, many times it just isn’t the case. One thing or another pops up along the way, and the parties need to change their current agreement, whether that’s an extension of a closing date or amending the contract to add a new term. Before you race to grab an addendum, though, first consider whether or not it’s actually needed. Depending on the details, it’s entirely possible you don’t need to do anything. This article considers a few different scenarios that can occur and whether or not an addendum is needed. (For purposes of this article, the Florida Realtors/Florida Bar (“FR/Bar”) contract is referenced).

“Scenario 1 – The title company handling the closing finds a lien on the property that the seller didn’t realize was there. The seller says he’ll handle it, but it probably can’t be settled on time for the agreed-upon contract closing date. Do the parties need to sign an extension for the closing date? In short, no.

“Per Standard 18A of the FR/Bar contract, the buyer is supposed to notify the seller, in writing, of any defect in the title commitment within five days after receiving it. The seller then has 30 days after receiving this notice, defined as the seller’s Cure Period, to “take reasonable diligent efforts” to remove the defect. Assuming the seller is able to fix the defect within the Cure Period, the seller needs to notify the buyer in writing, along with proof of the cure acceptable to the buyer, and the parties should proceed to closing.

If the closing date has passed during the 30-day cure period, the closing is to take place “within 10 days after buyer’s receipt of seller’s notice.” In this example, there’s no need for the parties to sign an extension since the contract already addresses how the closing should proceed in the event of a title defect.

“Scenario 2 – The buyer and seller have an “As-Is” version of the FR/Bar contract. The buyer performs her inspection and decides she wants to ask the seller for repairs. The buyer’s agent emails the listing agent to ask about the seller’s willingness to make repairs. The seller verbally indicates he is willing to fix the some of the items the buyer is asking about – but not all. Is an addendum needed? In short, it probably is.

“It could be an addendum extending the inspection period so the parties can further negotiate the repairs, or it could be an addendum to address the agreed upon repairs. In either case, the parties should have something in writing. It’s not a good idea to rely on verbal representations about a party’s willingness to make repairs; and it’s not a good idea to think that simply inquiring about repairs provides more time or an automatic extension of the inspection period. The seller could refuse to honor the repairs later and the buyer likely would have little recourse.

“Additionally, there is no “pause button” on your inspection period clock. Even if the parties are negotiating repairs, the clock is still ticking. If the buyer can’t get an agreement in writing with the seller about the repairs or an extension for the inspection period, she will need to decide whether to cancel the contract before the inspection period ends or her deposit could be at risk.

“Scenario 3 – A hurricane sweeps across Florida. While the property isn’t damaged, power is out around the state and the title company doesn’t have any power to conduct a closing on the agreed-upon contract closing date. Do the parties need to get an addendum to extend the closing date? In short, no.

“Standard 18G addresses this scenario and states, in sum, that neither party will be required to perform any obligations under the contract when the non-performance is due to Force Majeure. All time periods will be extended “a reasonable time up to 7 days after” such Force Majeure no longer prevents performance. So, in this example, the parties should close within 7 days after the title company regains power and can process the closing. No addendum is necessary since the contract already addresses what happens when a defined Force Majeure event prevents performance.

“Note: It’s important to keep in mind that all contracts are different, and the above examples are specific to just one contract. In general, when in doubt over whether an addendum is necessary or not, look to the contract provision that covers the issue. Many times, these types of “what if” scenarios are considered by the contract terms and can save the agent from taking additional – and possibly unnecessary – steps.”

Sanibel & Captiva Multiple Listing Service Activity November 3-10, 2017

sancap GO MLS logoSanibel


4 new listings: Coquina Beach #3C 2/2 $449K, Sundial West #G206 1/1 $509.5K, Sanibel Arms West #H2 2/2 $529K, Gulfside Place #323 2/2 $1.498M.

5 price changes: Loggerhead Cay #434 2/2 now $629K, Cottage Colony West #132 1/1 now $654.9K, Cottage Colony West #108 1/1 now $654.9K, Snug Harbor #312 3/2 now $672.5K, Shorewood #1C 3/2 now $875K.

3 new sales: Coquina Beach #5B 2/2 listed at $399K, Sundial West #H409 1/1 listed at $465K, Blind Pass #B207 2/2.5 listed at $499,997.

3 closed sales: Mariner Pointe #811 2/2 $420K, Sunset South #6D 2/2 $470K (our listing), Cottage Colony West #138 1/1 $570K (our sale).


9 new listings: 1717 Atlanta Plaza Dr 2/2 $472K, 1057 Seahawk Ln 3/2.5 $699K, 700 Nerita St 3/2 $725K, 5430 Osprey Ct 3/3 $839K, 5280 Ladyfinger Lake Rd 3/2 $895K, 734 Anchor Dr 3/2 $999K (our listing), 2190 Starfish Ln 3/3 $1.3959M, 4992 Joewood Dr 3/3.5 $1.595M, 3757 West Gulf Dr 4/4 $7.595M.

Dock c

Dock at 734 Anchor Dr


6 price changes: 9292 Kincaid Ct 3/2 now $499K; 1040 Sand Castle Rd 3/2 now $599K; 673 East Rocks 3/2 now $688,888; 563 Hideaway Ct 3/2 now $724K; 900 Almas Ct 3/3.5 now $1.199M; 2939 Wulfert Rd 5/5/2 now $1.445M.

1 new sale: 3869 West Gulf Dr 6/7/2 listed at $8.495M.

5 closed sales: 2489 Harbour Ln 3/2 $670K, 419 Lighthouse Way 4/3 $797.5K, 6081 Henderson Rd 3/2 $740K, 2628 Coconut Dr 3/2.5 $1.2245M, 5639 Baltusrol Ct 4/4.5 $1.695M.


No new listings or price changes.

1 new sale: 461 Lake Murex Cir listed at $349K.

No closed sales.



Nothing to report.


2 new listings: 48 Oster Ct 2/2.5 $865K, 56 Sandpiper Ct 2/2.5 $889K.

1 price change: 11559 Laika Ln 2/2/2 now $5.995M.

1 new sale: 14865 Mango Ct 2/2 listed at $929K.

No closed sales.


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.

Always Remember… Veterans… on Veterans Day & every day!flag-p-sm

Susan Andrews aka SanibelSusan


Sanibel/Captiva Scoop – Labor Day Weekend 2017

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

Anchor rain

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

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

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


SanibelSusan Realty Associates

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

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

Sanibel & Captiva Islands Association of Realtors®

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

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

PeggyPeggy Party

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

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

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

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

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

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

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

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

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

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

Flooded Homes Can Be Fixed But…

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

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

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

“Time is of the essence.

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

“Mold is the real issue.

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

“Repair costs can escalate.

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

Labor Day Weekend Closure

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

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

Refuge and DDWS offices will also be closed on Monday.

Restaurant clip artRestaurant Vacation Closings 2017

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

Restaurant Vacation Closings 2017*

Restaurant                                                             Closing             Reopen

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

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

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

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

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

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

East End Deli                                                         Summer Hours 10 am‐2 pm

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

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

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

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

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

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

Sanibel Sweet Shoppe                                           Closed Sat, Sun, Mon starting Sept

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

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

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

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

Traders                                                                     Sat, 9/2             Tues, 10/3

Traditions on the Beach                                        Closed 9/4

* Subject to change

30% of Luxury Deals Are ‘Suspicious’

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

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

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

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

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

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

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

sancap GO MLS logoSanibel


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

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

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

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


Path from Gulf Beach



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

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

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

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


1 new listing: 1800 Woodring Rd $2.825M.

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

No new sales.

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



No new listings, price changes, or new sales.

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


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

No price changes or new sales.

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


Nothing to report.

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

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

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

Enjoy your weekend!

Susan Andrews, aka SanibelSusan

Sunshine, Shells, & Sales… oh, my

SusanSusan here reporting another beautiful Friday on sunny Sanibel with unusually warm summer-like weather most of the week. A cool front (or what the weathermen call a cool front) arrived last night so the weather today – and for the weekend – is expected to be breezy, a little cloudy, and only in the mid-70’s. Back to sunshine and higher 70’s by early next week. Either way, perfect for snowbirds, visitors, vacationers, and locals.


Traffic this week is better too. The 80th Sanibel Shell Fair and Show which started yesterday and runs through tomorrow at the newly-renovated Community House is expecting record crowds. But, cars are moving nicely along Periwinkle and in front of Sanibel Square thanks to the additional police aides directing traffic at the crosswalks.

Show award winners received their ribbons Wednesday night. Congratulations to friends Heather O’Keefe, Mindy Pierce, and Dianne Reich whose works all received ribbons.



Some of Heather’s shell jewelry


Heather also has been at the Show’s Author’s Table today to autograph her new book, “American Shell Craft” with vintage hand-crafted seashell jewelry made from 1930-1970. The show is open until 4 p.m. today and again tomorrow Sat from 9 a.m. to 4 p.m. If you don’t get to the Fair and want a copy of Heather’s book, it is at Sanibel shops: McIntosh Books and Three Crafty Ladies.


Yes, those are sea shells.



Thursday Realtor® Caravan

Sanibel realtors logoThe Sanibel & Captiva Islands Association of Realtors® weekly morning meeting was well attended yesterday followed by an east-end caravan. I was the only Realtor® who announced “three” sales, though several others were announced. A report of the Multiple Listing Service activity since last Friday follows a few news items below.

“Working Together to Make a Difference” – As Communications and Public Relations Committee Chair, I also was happy to report that our February progress report press release in our 2017 “Working Together to Make a Difference” campaign has been submitted to local publications. It is already posted on the “Santiva-Chronicle” on line.

Two Everglades Restoration Projects – Also announced was a new recently-released study by Clemson University for the Everglades Foundation. It covers the Benefit & Benefit/Cost Calculations for Two Everglades Restoration Projects.  One, called the South Reservoir is south of Lake Okeechobee and would provide storage when the lake is too full. The other, called the North Reservoir, would be storage north of Lake O to capture water before it enters the lake. A purpose of the reservoirs is to mitigate the discharge of excess water from the lake into the St Lucie and Caloosahatchee Rivers where it damages estuaries and negatively affects water quality.

government_affairs_rpac_logo_homeA FloridaRealtors® study funded by RPAC dollars is referenced in the study. If you are interested in what the study says about how these reservoirs could affect your property values, click on the blue link above. With several bills related to water quality on the state legislature’s docket, you can be sure that local Realtors® are staying attuned to them. Over the next few weeks, there likely will be “Calls for Action”. I will be asking you to join in them.

Sanibel & Captiva Islands Real Estate “Season” Update

Now that the first two months of the year have flown by, it is a good time to see how the 2017 island real estate market is shaping up. Here is a summary of the statistics:

Available Today             Under Contract Today    Sold & Closed in 2017

No.        Average Price   No.      Average Price       No.     Average Price

Sanibel Condos          111             774,375            21             791,471                 19              821,921

Captiva Condos           30          1,198,683             3              427,667                 6               492,167

Sanibel Homes          196          1,535,822            37          1,156,577                34                941,162

Captiva Homes             33         3,063,936             9          3,420,000                 3             1,800,000

Sanibel Lots                  66            495,258              7              340,129                  7                419,617

Captiva Lots                    1             950,000            2           2,547,500                 0              N/A

Comparing current inventory to this “high season” rate of sales, there is just about a year’s worth of Sanibel inventory for homes and condos, and more than 16 months of vacant land inventory. That is a lot of inventory going into March, since sales usually slow down considerably after Easter.

On Captiva, there are 10 months of condos and almost two years of home inventory.

So, what is selling on Sanibel? Of the 19 condo sales:

  • Six are large units 2-bedrooms with den or bigger, or gulf-front, but with weekly rentals allowed – Average price = $973,200.
  • Five are 2-bedroom income-producers – Average price = $536,600.
  • Three are gulf-front residential condos – Average price = $1,246,667.
  • Two are condos with boat dockage – Average price = $569,000.
  • Two are condos at The Sanctuary golf community – Average price $602,500
  • One is a gulf-view residential condo – Price $592,000.

Of the 34 Sanibel home sales:

  • Ten are near-beach – Average price = $853,200.
  • Nine are canal-front – Average price = $1,252,111.
  • Seven are inland – Average price = $565,643.
  • Five are in golf communities (four in The Dunes, one in The Sanctuary) – Average price = $660,000.
  • One gulf-front – Price $2,400,000.
  • One bay-front – Price $1,700,000.
  • One on bayou – Price $830,000.

Of the seven Sanibel lot sales:

  • Three are on golf course (Two in The Sanctuary, one in Beachview Estates) – Average price = $263,333.
  • Two are near-beach – Average price = $395,000.
  • One is on deep-water-access canal – Price $1,050,000.
  • One on bayou – Price $307,318.

Twenty Sanibel price reductions were announced this week. March is when sellers with time constraints, should re-evaluate to ensure that their property is positioned to sell when they want. We know that it only takes one serious buyer to make a sale, but with just a few weeks of “high season” left, the pool of potential buyers will be diminishing soon.

Sanibel Designated 7th Safest City in Florida

As reported on line yesterday at “Island Reporter”, “Captiva Current”, “Sanibel-Captiva Islander”:

Sanibelcityseal logo“The City of Sanibel has been designated as the seventh safest city in Florida based upon a report “Safest Cities in Florida” released by the National Council for Home Safety and Security. There are 410 municipalities in Florida.

“Upon reading the report, Sanibel Mayor Kevin Ruane stated, “Our community places the highest priority on the personal safety of our citizens. We consider community safety an investment not an expenditure; an investment in our daily quality of life as well as our property values.”

“The methodology utilized by the National Council for determining the designations included a review of the most recent FBI Uniform Crime Report (U.C.R.), as well as population and other data. The study did not include any cities that failed to submit an FBI U.C.R. report, or cities with populations less than 5,000 persons.

“The remaining cities were ranked based on the number of reported violent crimes (aggravated assault, murder, rape, and robbery) and property crimes (burglary, arson, larceny-theft, and motor vehicle theft) per 100,000 people. These variables were then weighted with violent crimes accounting for 70% of the total (due to their severity) and property crimes accounting for 30%.

“In 2016, the City of Sanibel experienced a 6% reduction, from 112 in 2015 to 105 in 2016, within the federally reportable crimes. The City of Sanibel’s 2016 UCR of 105 crimes is the lowest recorded in the last 13 years.

“In 2016 there were 43 reported burglaries, 41 reported theft, 15 reported assaults, two reported vehicle thefts and four classified as other. The year prior, the federally reportable crimes included 24 burglary, 56 thefts, 27 assaults, three vehicle thefts and two rapes.

“”Our greatest asset to maintaining a safe community is a diligent, alert population committed to working in partnership with the police. We always urge our residents and visitors to report any type of suspicious behavior or activity. We always prefer to be in the crime prevention rather than response mode,” Chief of Police William Dalton said.”

Sanibel & Captiva Multiple Listing Service Activity February 24-March 3, 2017



5 new listings: Seashells #11 2/2 $395K, Seashells #3 2/2 $405.4K, Donax Village #1 2/2 $539K, Sanctuary Golf Villages I #5 2/2.5 $749K, Sanctuary Golf Villages I #2 3/3 $789K.

5 price changes: Sanibel Inn #3512 2/2 now $659K, Sunset South #2A 2/2 now $729K, Kings Crown #211 3/2 now $849.9K, Tanglewood #1A 3/2 now $1.05M, Pine Cove #102 3/2 now $1.397M.

2 new sales: Mariner Pointe #842 2/2 listed at $499K, Nutmeg Village #303 2/2 listed at $774K (our listing).

View b

View from Nutmeg Village #303


3 closed sales: Loggerhead Cay #234 2/2 $537K, Heron at The Sanctuary II #1B 3/2.5 $580K, Sundial East #L402 2/2 $735K.


9 new listings: 644 Lake Murex Cir 3/2 $699K, 5739 Pine Tree Dr 3/2 $749K, 999 East Gulf Dr 3/2.5 $1.099M, 4080 West Gulf Dr 3/2 $1.195M, 9019 Mockingbird Dr 4/4 $1.199M, 408 Bella Vista Way 4/4 $1.595M, 2981 Wulfert Rd 4/4.5 $1.695M, 1149 Paper Fig Ct 4/3 $2.495M, 3547 West Gulf Dr 4/4 $5.25M.

15 price changes: 9436 Yucca Ct 3/2 now $619K; 545 Piedmont Rd 3/2 now $649K; 1478 Albatross Rd 3/2 now $649K; 3152 Twin Lakes Ln 3/3 now $697K; 5100 Sea Bell Rd 4/2.5 now $699K; 1052 Fish Crow Rd 3/2 now $724K; 243 Southwinds Dr 3/2.5 now $855K; 941 Pecten Ct 3/2 now $949K; 1035 Kings Crown Dr 3/2 now $1.15M; 1656 Middle Gulf Dr 3/4 now $1.199M, 732 Windlass Way 4/3.5 now $1.295M; 1525 San Carlos Bay Dr 3/2 now $1.949M; 2451 Blind Pass Ct 4/4.5 now $1,949,999; 6494 Sanibel-Captiva Rd 3/2 now $1.995M; 1083 Bird Ln 4/2.5 now $3.495M.

3 new sales: 4239 Gulf Pines Dr. 3/2 listed at $549K, 1683 Bunting Ln 3/3 listed at $779,555; 932 Whelk Dr 3/3 listed at $1.425M.

8 closed sales: 980 Sand Castle Rd 3/3 $470K, 1851 Farm Trl 3/2 $505K, 1153 Sabal St 3/2.5 $707K, 5406 Osprey Ct 3/2 $830K, 1174 Harbour Cottage Ct 3/3 half-duplex $1M, 1089 Skiff Pl 3/2 $1.089M, 539 East Rocks Dr 5/5 $1.275M, 1314 Seaspray Ln 3/3 $2.4M.


1 new listing: 9023 Mockingbird Dr $389K.

No price changes.

2 new sales: 1550 Centre St listed at $199K (our listing), 1048 Fish Crow Rd listed at $399K.

1 closed sale: 629 Lighthouse Way $1.05M.



1 new listing: Tennis Villas #3237 2/2 $440K.

No price changes or new sales.

1 closed sale: Bayside Villas #5228 1/2 $320K.


3 new listings: 11461 Old Lodge Ln 2/2 $1.025M, 15147 Captiva Dr 6/5.5 $5.695M, 1121 Schefflera Ct 4/4.5 $5.999M.

No price changes.

2 new sales: 11514 Andy Rosse Ln 5/5 listed at $2.375M, 15843 Captiva Dr 3/3 listed at $5.5M.

1 closed sale: 11537 Laika Ln 4/3 $1.475M.


Nothing to report.

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

Until next Friday, wishing you sunshine too!

Susan Andrews, aka SanibelSusan


Pointe Santo View – taken from #C34

Traffic, Spaghetti, & Sales, oh my…

TGIFHappy Friday everyone. This week sure has been a mixed bag of weather, traffic, and real estate happenings.

The weather ranged from mostly bright and sunny in the mid-to-high 70’s, to a soggy Wednesday with some much-needed rain. Predictions for the next week are a continuation of this afternoon’s great weather – bright blue skies, lots of sunshine.

The Monday holiday with local schools out resulted in record numbers of on-island day-trippers. By mid-afternoon the back-up coming onto the island was reported to be at a crawl from Shell Point to the 4-way stop. Then, by late day, those visitors all had to go home….so when teammate Elise was ready to head off-island at quitting time, she experienced her new longest-ever journey from the office to the bridges. 1‑1/2 hours from Sanibel Square to Causeway Road (at 5 p.m. to 6:30 p.m.). I was right behind her, also going the “back” way and arriving home on the east-end in just under 1-1/2 hours. Mine was a long, but pleasant 2.9 miles, sun-roof open and happy music playing.

Sanibel realtors logoAt the Thursday Sanibel & Captiva Islands Association of Realtors’ Caravan Meeting, attendance was light, few sales were announced, and only six properties were open for caravan. What a difference from the preceding week when the room was packed, east-end caravan was full, and lots of price reductions were announced.

We had a reasonable number of showings this week, but not as many as I expected there would be on Presidents’ week. (Maybe the below article posted in yesterday’s Fort Myers “News-Press” provides some insight in that.)

Yesterday, I negotiated an offer on our home listing in Periwinkle Properties, the result of a showing last Saturday. The action posted this week in the Sanibel & Captiva Islands Multiple Listing Service follows a few news items below. Since last Friday, nine Sanibel sales are reported, seven of them homes, and 20 price reductions.

Before the news articles, how about this cute poster that I spotted this morning on Facebook. Prepared by Sanibel Sea School it’s called “20 signs you’re from Sanibel…”


If you are in town, don’t forget the annual Kiwanis Spaghetti dinner tomorrow night (Sat 2/25) at The Community House.

spaghetti-ticketFor more than 30 years, this Sanibel event has brought islanders together with a great meal and for a good cause. All funds directly benefit island youth education and recreation. Tickets are just $9 at the door. Can’t beat the price!

Dinner will be served from 4 to 8 p.m., followed by music, raffle, silent and live auctions, music, and fun. Last year 1,400 dinners were served. This year in the newly renovated Community House, it will be extra special.

Market Watch – Real Estate Amid Uncertainty

News Press logoThe Fort Myers “News-Press” on-line posted the following article Feb 22, 2017. It covers the three presentations this week at the annual local real estate event – The News-Press Market Watch:

“Uncertainty was the word of the day as three real estate experts, backed by facts, shared their reflections and predictions on the market at The News-Press Market Watch. The annual event, this time titled “Real Estate Solutions for Uncertain Times,” was held Wednesday evening at Harborside Event Center in Fort Myers.

“Presenters included Randy Thibaut, owner and founder of Land Solutions, who discussed land and new home sales; Denny Grimes, president of Denny Grimes & Company, who focused on existing home sales; and Stan Stouder, founding partner of CRE Consultants, who dealt with commercial real estate.

Randy Thibaut, CEO, Land Solutions Inc. – “Welcome to Uncertainty 2016,” Thibaut said. “That’s the theme of my presentation. That’s where the meat of the market is. That’s what we’re feeling.” Thibaut referred to surveys that show people held differing views of where the market was in 2015 and 2016. Some thought it was in a boom, others in a bubble, but most didn’t know. “No one had a good feeling on where they thought the market was,” he said. Thibaut discussed the luxury high-rise market from south to north, mentioning three projects in south Naples that are selling well.

““For 10 years, there were no towers built,” he said. “There was pent-up demand for buyers who wanted that luxury project. It was clear there was hunger for luxury product in Naples. We think they’ll sell out.”

“Builders are working on luxury projects in Estero/Bonita Springs and Fort Myers Beach as well. Things start to get more uncertain when looking at downtown Fort Myers, he said, where a number of builders are working to pre-sell units. “They’ve been churning along trying to get enough reservations … but it’s been a much slower go than what we’ve seen in Estero and Naples,” he said. “When you start thinking about 550 luxury units that have to be presold, that’s a lot of units. That’s some stiff competition. I hope this all works out.” The brightest downtown project: The Place on First, partly because it will have only 16 residential units, along with office space.

“Who is buying and who is not? “Millennials are not buying,” he said. “Most of them are living in an apartment, but many of them are living in your second bedroom.” In downtown Fort Myers, he sees two buyer groups: baby boomers and buyers in the workforce who lost their homes in the bust. Some of that will likely be driven by higher interest rates expected to come.

““Baby boomers, there’s tons of them,” he said. “They’ve got money. These folks have been sitting on the sidelines for the most part the past 10 years. Their investment portfolios have been going down. They’ve been cautious. They’ve waited long enough. They’re coming in droves, but the difference is they’re going to be spending less money.”

“Thibaut said builders who develop homes in the $250,000-$300,000 range should be in good shape. Buyers in the workforce who lost homes in the downturn have been forced to rent apartments in many cases: “After five, six years they’ve saved money and got their credit back. These buyers want to get into single-family homes. The question is, is the price right?”

“In 2016, he said the pendulum swung to houses. Buyers can pay $1,500 monthly on a $225,000 home mortgage or rent a nice apartment for the same amount. However, he noted that can change if interest rates rise. “These value oriented builders are after those renters,” he said. “They’re chasing that buyer.” Where are the buyers going to find a home in the $250,000 price range? Northeast Naples, north Cape Coral, Lehigh Acres and east Fort Myers and Charlotte County. Babcock Ranch: “We all are hearing about Babcock Ranch. This is a big, long-term project. Let’s stay tuned next year and the following year to see how it does.”

“Threats and challenges in market: “When 25% of the cost of a new house is regulation, that is a big problem.”

Denny Grimes, president, Denny Grimes & Company – ““We can’t always see what’s going on,” Grimes said as he took the stage. As evidence, he pointed to the Chicago Cubs ending their championship drought after more than 100 years and Donald Trump being elected president.

“The median price of existing homes in December was $250,000 in Lee County, $450,000 in Collier County and $195,000 in Charlotte County. Last year was the first time he could recall in which Lee’s top home sale eclipsed Collier’s top sale. A home on Captiva was sold for $16.3 million, beating Collier’s standout of $15.15 million.

“The number of homes sold in 2016 was down in Lee and Collier counties: “…Sales are down 7%.” Sales were down in each part of each county (other than Lehigh, up just slightly), with luxury sales and condo sales also down: “You getting the trend here?” he said. “I’m calling 2015 a peak year, because we are seeing sales drop.”

“Median home prices were up 10% in Lee and 7% in Collier in 2016: “There’s always more to the story.” Still, because of fluctuations, he said prices are basically flat.

“Takeaways: slowing sales plus rising inventory has led to slower price growth: “This is how a rational market is supposed to react. Tell your buyers they can proceed with confidence. No crash. No bubble. It’s fine.”

“Grimes implored agents to take note of the market myth that “season” is the best time to sell: “It kills me to hear that because it’s not true. People, because of the internet can shop year-‘round and they do.”

“Downtown Fort Myers: “The success of downtown is going to be based on condos … downtown has a vibrant yet narrow niche. There is little investment opportunity. There, it’s a user-driven market. Less inventory is better than too much. Bottom line: smaller is better.” “Millennials or baby boomers in downtown? “I’m a boomers fan. We need people living here with money. That fills that need. It grows the market.”

“Grimes, who has lived in the Fort Myers area more than 50 years, talked of the “edge of the canvas theory.” As Edison Mall was once on the edge of town, that’s how Babcock Ranch is perceived today. “Babcock’s going to stretch the canvas,” he said. “It will happen. It will not happen as fast as some hope.” Grimes said there’s investment opportunity in what he called the market’s sweet spot. In Lee, that’s less than $300,000; in Collier, it’s less than $500,000.

“Look forward: “The over-optimistic national headlines will be misleading. Affordability is going to be squeezed. Buy sooner, not later.”

Stan Stouder, founding partner, CRE Consultants – Stouder’s presentation focused on what was, what is and what’s next. “Apartments were pulling the market in 2015, but that segment saw a 86% decline last year in the number of those units permitted. What’s next? “The apartment market will continue to cool.”

“Stouder touched on the “Trump effect” as the country elected Trump president: “I’m experiencing this in my business and not in just some small way.” Business owners, he said, are hopeful that Trump will deliver on campaign promises such as deregulation, tax relief and infrastructure improvements.

“What’s next? “The optimism of the small-business community jumped and more optimism means more spending. It means greater demand for commercial property. We’re finding sellers that are returning to the market that hadn’t been there before.”

“New commercial construction permits in Lee were up 62% in 2016, but the value of those went down 52%. “Why? I can answer that in two words: fewer apartments.”

“Senior housing: at least nine projects are under construction. For example, Campo Felice in downtown Fort Myers is expected to open this summer. It’s about 50% pre-leased. Those behind that project are preparing to do a $45 million sister tower devoted to memory care and medical offices. Another senior housing project called Avida is going up on property near Gladiolus Drive and Summerlin Road. The $95 million project is expected to have 460 units on 32 acres. “Senior housing is to the market of 2016 as apartments were in 2015,” he said.

““Sales of large tracts of land (50 acres and greater) have picked up in the past six months. Why? It’s because so much growth is expected in Florida and because the state is one of only seven without an income tax. What’s next for such land? “Now is the best time since 2006 to sell land.””

Technology Is Changing How Homes Look

ForbesThe below article was posted on Realtor®Mag on Feb 15, 2017. It is sourced to

“Technology and smart devices are radically transforming the home. As your clients take control over their houses’ systems via voice activation, dash buttons, and other smart-home technology, asked its Technology Council to offer up some of their predictions on how homes will evolve in the near future.

Less clutter. Information can be stored in smaller devices, which means fewer file cabinets and the like. Some owners may even opt for much smaller houses due to this trend, says Chalmers Brown with Due.

Voice-activated interfaces. The voice is expected to drive smart-home technology control over the next five to 10 years. This will make smart homes less complex to operate, says Leon Hounshell with Greenwave Systems.

Smartphones as the central hub. The smartphone likely will become the remote control to manage all elements of a smart home, says Arash Asli with Yocale. This will include everything from lights to appliances to cooling and heating systems to security and more.

No more control panels. Since the smartphone will become a remote control for many elements of the home, expect fewer panels inside the home, such as thermostats, electronic dials like on washing machines or dishwashers, or even light switches, says Andrew Kucheriavy with Intechnic.”

Homeowner Tax Breaks: It’s Not Just The Property

USATodayLOGOTax time always is a good time to remember the tax benefits of home ownership. Posted Tuesday on FloridaRealtors®, this article came from,

“Owning a property can unlock some of the biggest potential tax breaks most families have access to.

It’s not just the home-related tax breaks you get access to, either, says Lisa Greene-Lewis, a CPA and tax expert for TurboTax. “Getting enough qualified expenses can top the standard deduction and push you over into itemizing and allow you to deduct so many other expenses you wouldn’t be able to otherwise,” she said.

Here are five valuable deductions that you may be able to claim:

“Mortgage interest – The interest paid on a home loan is typically the largest potential deduction for middle-class Americans, Greene-Lewis said. For instance, a 30-year mortgage on a $300,000 loan at current rates will run you more than $12,000 in interest payments your first year. If you own a second home, you can also deduct the mortgage interest on that, as long as it isn’t a rental property.

“Points – If you recently purchased a home but paid “points” to the bank in order to get a better rate, that expense is tax deductible in the year you paid them. A point is typically 1% of your loan amount so, on that $300,000 home, you would get a $3,000 tax break for paying down one point. Points on refinance loans and home equity loans are also deductible but must be spread over the life of the loan instead of all in one year’s return, so those are less lucrative but can still add up.

“Energy credits – “If you make expenditures that improve the energy efficiency of your home, you may qualify for a tax credit,” said Neil Krishnaswamy, a certified financial planner at Exencial Wealth Advisors in Frisco, Texas. “These include items like insulation, windows, doors and roofs.” A tax credit is even better than a deduction, because they are dollar-for-dollar savings instead of simply saving you whatever tax you paid. For instance, if you’re in the 28% tax bracket, then a $1,000 deduction lowers your tax bill only $280, while a credit lowers your tax bill by $1,000 regardless of your effective tax rate. There are limits on energy credits depending on what you purchased, but the dollar-for-dollar savings make them very valuable.

Property taxes – State taxes levied on your primary residence are deductible, too, and can add up in a hurry depending on where you live. For instance, the Tax Foundation found, in 2015, that New Jersey residents typically pay almost 2.4% in property taxes – almost twice the national average, and about $7,000 on a $300,000 home. Deducting this big local tax bill can save you a lot on your federal return.

“Casualty losses – If you suffered property damage and weren’t reimbursed by an insurance company for repairs, you may be eligible for a big deduction. Your casualty loss deduction must exceed 10% of your adjusted gross income, so don’t bother writing off small-time repairs. But if you incur significant expenses repairing your home after an unfortunate event, document everything and tap into this tax break to ease some of the pain.”

Most Significant Change in FAR/BAR Update? Financing Clause

Florida Realtors logoWritten by Marcia Tabak, Deputy General Counsel of Florida Realtors®, and posted on-line at FloridaRealtors® on Monday, this article covers some of the upcoming changes to the Florida sales contracts and is directed toward Realtors®, but it has some good info for sellers too.

“The real estate industry changes, and when it does, the Florida Realtors/Florida Bar contract gets updated.

“The next version of the FloridaRealtors/FloridaBar Residential Contract and its As Is companion debuts April 4, 2017. In the meantime, a redline version of the contract changes (additions in blue, deletions in red) is posted on Florida Realtors’ website along with an explanation of the revisions. Some changes are housekeeping tasks. Some require a bit more study, and a future article will focus on those. For now, however, the new version of Paragraph “8(b) Financing” clause deserves your focus. You need to understand what will change.

Changes prompted by lending industry – There are several reasons for the financing change, in part because the lending industry itself has changed. The contract no longer mentions “Loan Commitment,” for example, because the lending industry has largely dropped the term. It’s being replaced by the term “Loan Approval,” and the term “Loan Commitment Period” has become “Loan Approval Period.”

“In addition, the default time for “Loan Approval Period” will also change back to 30 days from 45 days. This change was made because loan approvals are no longer being slowed down by TRID (TILA/RESPA Integrated Disclosure Rule), the financial regulations that went into effect in the fall of 2015.

“Finally, a requirement in the current version of the contract – “this contract is contingent upon buyer obtaining a written loan commitment,”– has been changed, and the “written” component has been deleted.

Change in philosophy regarding buyer’s right to cancel – In general, many members feel parts of the current financing clause are confusing. In particular, Florida Realtors has received many questions about either party’s right to cancel the contract up to seven days prior to closing when a buyer didn’t timely obtain a loan. The new version of the contract scraps this concept in favor of a new approach. As always, the devil is in the details.

“The new financing clause requires a buyer to promptly notify a seller, in writing, when a Loan Approval is obtained. If a buyer does not obtain Loan Approval within the Loan Approval Period, then the buyer may notify the seller – again, in writing – and elect to either terminate the contract or waive Loan Approval. However, the buyer no longer has a unilateral contractual right to terminate the contract for failure to obtain Loan Approval after the Loan Approval Period.

“Further details: If a buyer doesn’t give the seller any kind of written notification during the Loan Approval Period, new language specifies Loan Approval will be considered obtained. This results in the buyer’s deposit being at risk if he fails to close unless the buyer’s failure is caused by items set out in Paragraph 8 (b)(vii).

There is an exception to the contract going forward if a seller has received no written notification at all – either that a loan has been obtained or the buyer cannot get one. The seller may unilaterally cancel the contract by giving buyer written notice within a three-day period after the buyer’s Loan Approval Period has expired. But if the seller does nothing during the three-day period following the Loan Commitment Period, the seller has no further unilateral opportunity to terminate the contract based on the buyer’s failure to obtain Loan Approval or failure to provide the seller a written notice.

“Other highlights of 8(b) Financing clause changes – If the lender requires that a buyer sell an existing property, this will not be considered Loan Approval.

“When applying for a loan, what is a “diligent effort” on the buyer’s part? New language now specifies this requires the buyer to “timely” provide documents, information, payment of fees and charges per lender requirements.

“An additional clause authorizes the closing agent to share the settlement statement and Closing Disclosure with the seller and real estate brokers. Note, however, that this doesn’t obligate the closing agent to share the documents and it might violate the lender’s closing instructions.

“What if the buyer finds that he can’t secure Loan Approval before the Loan Approval Period expires? This caused some confusion in the past, but no longer. A buyer who has used due diligence but is unable to obtain Loan Approval can notify the seller in writing at any time before the Loan Approval Period ends.

“One clause, 8(b)(vii), about returning deposits when a deal doesn’t close because of a lender’s “financial failure” was removed from the new version.”

Sanibel & Captiva Multiple Listing Service Activity February 17-24, 2017



1 new listing: Sundial West #C406 1/1 $475K.

7 price changes: Lighthouse Point #211 2/2 now $659K, Pointe Santo #C36 2/2 now $819K, Nutmeg Village #313 2/2 now $1.099M, High Tide #C101 2/2 now $1.145M, Nutmeg Village #100 2/2 now $1.17M, Somerset #E202 3/2.5 now $1.649M, Tigua Cay #487 3/3.5 now $1.695M.

2 new sales: Sundial West #G307 1/1 listed at $424.9K, Villa Sanibel #3D 2/2 listed at $599K.

2 closed sales: Loggerhead Cay #181 2/2 $689K, Sundial West #K203 2/2 $859K.


6 new listings: 2154 Egret Cir 3/2 $539K, 4221 Gulf Pines Dr 3/2 $589K, 1322 Sand Castle Rd 3/2 $599K, 6081 Henderson Rd 3/2 $849.9K, 750 Tarpon Bay Rd 3/2.5 $875K, 935 Pecten Ct 3/2 $999K.

13 price changes: 1602 Serenity Ln 4/2 now $479,999; 770 Donax St 2/2 now $495K; 1390 Middle Gulf Dr 3/3 half-duplex now $519K; 693 Rabbit Rd 3/2 now $579.9K; 5306 Ladyfinger Lake Rd 3/2 now $599K; 1036 S Yachtsman Dr 3/3 now $624.9K; 2030 Sunrise Cir 3/3 now $679K; 998 Fish Crow Rd 3/2 now $689K; 5299 Ladyfinger Lake Rd 3/3 now $699K; 243 Southwinds Dr 3/2.5 now $865K; 3386 West Gulf Dr 3/3.5 now $1.2977M; 687 Anchor Dr 4/3 now $1.695M, 6192 Henderson Rd 4/4 now $1,999,999.

7 new sales: 702 Durion Ct 3/2 listed at $649.9K, 1252 Sand Castle Rd 3/2 listed at $659K, 2010 Sunrise Circle 5/3 listed at $799K (our listing), 1174 Harbour Cottage Ct 3/3 half-duplex listed at $1.05M, 918 Lindgren Blvd 3/3.5 listed at $1.199M, 6129 Starling Way 3/2.5 listed at $1.235M, 2143 Starfish Ln 3/3.5 listed at $1.495M.

No closed sales.


No new listings, price changes, or new sales.

2 closed sales: 2379 Wulfert Rd $230K, 497 Sea Oats Dr $475K.



1 new listing: Marina Villas #908 2/2 $799K.

No price changes.

2 new sales: Tennis Villas #3111 1/1 listed at $259K, Gulf Beach Villas #2004 2/2 listed at $619K.

1 closed sale: Bayside Villas #5316 3/3 $590K.


No new listings.

2 price changes: 1114 Schefflera Ct 4/3.5 now $3M, 16979 Captiva Dr 7/6/1 now $3.998M.

2 new sales: 16910 Captiva Dr 4/4 listed at $4.295M, 16560 Captiva Dr 7/7.5 listed at $6.5M.

No closed sales.


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.)

Best wishes for a great weekend! If you are looking to buy or sell on the islands, please call us at 239-472-HOME (4663).

Susan Andrews aka SanibelSusan

or we can keep an “eye” out for the property that meets your needs…


Photo above by our pal, Scott. Taken some time ago, but still a winner!

Sunny Sanibel Holiday Expected


Here it is Presidents’ weekend following another week of fabulous weather with more expected through the holiday. The photos above taken noon-ish today at Sanibel’s Beach Access #6. A few shellers in the distance are doing the Sanibel stoop.

Island traffic has picked up and set-ups are underway at the Community House and City Park across from our office for the annual Rotary Club Arts and Crafts Fair tomorrow and Sunday. It’s always the “big one”, so attendees are encouraged to bike/walk. We hope those with real estate interests, stop in here.

SanibelSusan Realty Associates

Sanibelsusan LogoSometimes when the weather is nice, real estate inquiries are down. Seems that was case this week.

The island buying scenario, usually begins with a visitor vacationing. It often starts with a geography tour followed by community/complex education, then looking at properties for sale within their area of interest. Sometimes this process takes years or at least several visits. So, though we always encourage showings, we appreciate it when colleagues recognize that their clients are not yet “ready to buy” and don’t want to inconvenience others who may be on vacation renting or visiting a property that is listed.

This week we had a few of those situations, but others were where the prospective buyers had fishing, tanning, and general rest and relaxation higher on their priority list than looking at real estate. That could change with a cloudy day – one of those is not expected until next Wed.

Lisa and I will be here tomorrow, me on Sunday. No holiday for those here in the real estate business. Dave, Elise, and I are ready for any Monday madness.

February Realtor® Membership Meeting

Sanibel realtors logoIt was a full room yesterday at the Sanibel & Captiva Islands Association of Realtors® Monthly Breakfast Membership Meeting. High season meetings – February and March always bring out the most of us. In addition to standard announcements of new sales, new listings, price reductions, and changes in general information, the monthly membership meetings always include a speaker. Yesterday’s was Lynn Schneider, Director of Marketing and Communications at Shell Point Retirement Community. Before I share her info. Here are the announcements that I made.

Price reductions of two of our condo listings, both in residential complexes: 3-bedroom bay-view walk-out at Lighthouse Pointe #129 to $574,000 and Nutmeg Village #303, which is a top-floor unit with gulf views from every window, to $774,000. Dave held Nutmeg Village open to coincide with the caravan that followed the meeting. (Photo from Nutmeg Village #303 below.)

View b

Following some news items below is the activity posted this week in the Sanibel/Captiva Multiple Listing Service. Buyers take note – it includes way more price reductions than sales. Sellers recognize that now there are just nine weeks left “in season”.

At the membership meeting, I also shared that I talked this week with Rod Middleton with Suitor Middleton Cox & Associates, the company that manages Beachcomber condo association. Rod said that Beachcomber, like some other associations his company manages, hired an engineering firm to evaluate their FEMA flood zone.

femaThose familiar with flood insurance lingo, probably know that federal flood insurance rates are based on the zone in which a property is located. Zone “V” is the coastal zone, often known as being the high-hazard area, with owners and communities there, subsequently paying the highest flood rates.

Several years ago, with flood insurance rates on the rise, our local Association of Realtors® at a similar monthly membership meeting, had a speaker from J.R. Evans Engineering, an Estero firm that specializes in flood zone modifications. Companies like Evans, charge clients only when they are successful in getting a zone changed.

With Beachcomber, Rod said their project (which cost $28K) resulted in their zone being downgraded. With a big immediate refund from their flood insurance provider and premium reductions in future years expected to save them between ~$20-25K/year, it was a project worth pursuing.

(As a side note, I shared this info with my teammates and Dave found the FEMA site showing the letter of map revision. Since I live just inland of Beachcomber and my home also is in a “V” zone, I was anxious to see if my property zone also changed. It did not, but many neighboring properties did. Check out the below link – or go to the FEMA site to see if any properties near you have had their zone changed. If your flood insurance is on the rise, you might want to explore this too.)

Now for the info about Shell Point.

Shell Point Retirement Community

shellpoint_sign_smallIsland Realtors® often work with island owners selling their island property to move to Shell Point, so it was with interest that our members learned a few new things about that community. Here’s a summary:

Located just off island, across the causeway, Shell Point is a CCRC which is a Continuing Care Retirement Community – meaning they offer independent living, assisted living, medical care and social services, skilled and rehabilitative care, as well as convenience services. Not a lot of retirement communities offer all of this.

Shell Point has 2400 residents and 1000 on staff, including physicians. Their community of new homes, some under construction today, is sold out, but they are expanding some facilities and will be announcing a new project soon.

Today, accommodations range from the new large 2800 sq. ft. single-family homes to studio apartments.

Facilities include a marina, restaurants, 18-hole championship golf course, hospital, pharmacy, salon and spa, pools, recreational and fitness facilities, bank, laundry services, automobile services, personal shopping, mini-mart, church, community auditorium, transportation, and more. Almost like going on vacation.

The comment made that stuck with me, is that “it’s like going to college and making new friends your own age.” Sounds fun to be able to do that in your senior years – and get Florida resort-style living with the peace of mind of guaranteed life-long health care – on your own terms.

Shell Point offer lots of options, a variety of care programs, and all it takes to put your name on the wait list is $4,000. That money is refunded if you change your mind, but in the meantime, it gets you on the list for a property that may become available. Their turn-over rate is about 150 residences a year. Call the Welcome Center at 239-466-1131 to take a tour, or check out

Loans, Loans, & More Loans

american-momentum-bank-logoRealtors® often get emails from bankers and loan officers with updates on changes in interest rates and new mortgage options. Here is an extract from an email that I received this week from Dan Royal, Mortgage Loan Originator, at American Momentum Bank in Naples. Dan has been an affiliate business partner member at the Sanibel & Captiva Islands Association of Realtors for as long as I have been selling real estate.

Like most lending institutions, his bank offers typical Fannie Mae fixed-rate mortgages, but it was the more creative program explained in this recent email that caught my eye. With his permission, here it is:

“At American Momentum Bank, we offer a Renovation Loan for purchase transactions and refinance.

“Example: $750,000 sales price + $250,000 renovation cost = $1,000,000 total acquisition cost

x 80% LTV= $800,000 loan amount and a $200,000 down payment

“This loan allows the buyer to finance the majority of their renovation cost at the same time they are closing on the home or condo.  We treat it as a construction loan with interest only payments during the renovation period.  When the renovation is completed, the loan is modified to a traditional mortgage with monthly principal and interest payments.

“This program is one of several flexible portfolio mortgage programs that we offer:

  • Title in LLC
  • 1031 exchange
  • Foreign borrowers
  • Non-warrantable resort condo
  • 90% LTV preferred mortgage to $1 million
  • Asset dissipation
  • Construction to perm & lot loans
  • Condo & single family renovation loans…”

For further info, reach Dan at or toll free at 866-530-2265.

Lawmakers Need REALTORS® on Tax Reform

REALTOR-Magazine_Logo_From the Thursday, Feb 9, 2017, “DAILY REAL ESTATE NEWS” on-line at Realtor®Mag:

“The chairman of the tax-writing House Ways & Means Committee joined REALTORS® at NAR’s 2017 Federal Policy Conference in Washington yesterday and urged them to stay engaged over the next year while lawmakers in Congress look at a full-scale reform of the country’s tax code.

““We have a historic opportunity, the first time in 30 years, to completely reform the tax law,” Rep. Kevin Brady (R-Texas) told hundreds of politically active REALTORS® in Washington Feb. 8 for the conference, which NAR holds annually to educate its most politically involved members on the issues that are expected to dominate the Washington agenda for the year.

“This year, tax reform is expected to be high on the list of priorities Congress and the new Administration are expected to take up. Reform of the secondary mortgage market is also on the agenda for later in the year, along with flood insurance reauthorization and reform.

“Brady introduced REALTORS® to a tax reform blueprint that Republicans in the House are working on and which stands a good chance of being the main vehicle for any tax reform effort that gets taken up in the House.

“The blueprint envisions broadening the tax base by condensing tax brackets from seven to three, with tax rates of 33, 25, and 12%, respectively, and increasing the standard deduction to almost twice its current amount. It would also eliminate many itemized deductions, including for state and local taxes. The mortgage interest deduction and the deduction for charitable contributions would remain, but because of the higher standard deduction, it’s likely most homeowners would no longer have an incentive to itemize, a concern of NAR’s.

“On the commercial side, the blueprint does not specifically repeal 1031 like-kind exchanges. However, Brady admitted the committee is considering eliminating the provision.  The blueprint would allow owners to deduct 100% of the cost of new business assets, including buildings (but not land) in the first year of ownership. Brady along with Rep. Peter Roskam (R-Ill.), chair of the tax policy subcommittee of the Ways & Means Committee, said the accelerated expensing could go a long way to offsetting the 1031 exchange as an investment incentive, but they wanted to hear from REALTORS® more about their concerns. “We haven’t made our decisions yet,” said Roskam. “Were listening.”

“Maintaining 1031 exchanges is a top priority for NAR. In the question and answer period, a REALTOR® asserted that two-thirds of commercial investment is spurred directly or indirectly by the exchanges.

“At the conference, REALTORS® also heard about the prospects for secondary mortgage market reform. The big ideological debate on that issue centers around whether the federal government should continue to back mortgages sold in the secondary market. A staff aide at the conference said legislation has been introduced to help make the debate easier by allowing more private sector parties to buy the risk held by Fannie Mae and Freddie Mac. Other legislation would touch on a common securitization platform Fannie and Freddie are working on, which would allow private insurers to get into the market more. “These are things we can agree on and make the decision [about federal backing] easier once we get there,” he said.

“NAR wants to see the federal government stay in the market to ensure the viability of affordable, 30-year, fixed-rate mortgages and also ensure mortgages are available in bad times as well as good.

“On flood insurance, congressional aides said many lawmakers want to avoid the kind of short-term reauthorizations of the National Flood Insurance Program that the market saw several years ago. NAR supports early reauthorization of the program, which expires later this year.”

Sanibel & Captiva Multiple Listing Service Activity February 10-17, 2017



3 new listings: Donax Village #9 2/2 $499K, Villa Sanibel #3D 2/2 $599K, Sundial West #K403 2/2 $899K.

8 price changes: Tennisplace #A35 2/1.5 now $309K, Tennisplace #A31 2/1.5 now $329K; Tennisplace #C21 2/1.5 now $359,555; Sanibel Inn #3522 2/2 now $679K; Nutmeg Village #303 2/2 now $774K (our listing); Sundial West #A308 2/2 now $799K; High Tide #A102 3/2.5 now $1.649M; High Tide #A302 3/2 now $1.675M.

5 new sales: Tennisplace #C21 2/1.5 listed at $359,555; Sanibel Arms #B1 1/1 listed at $369K; Heron at The Sanctuary II  #1B 3/2.5 listed at $610K; Sundial East #S404 3/2 listed at $850K; Tamarind #A102 2/2 listed at $1.595M.

1 closed sale: Kings Crown #315 2/2 $790K.


11 new listings: 1029 Dixie Beach Blvd 2/2 $450K, 970 Sand Castle Rd 3/2 $537K, 1447 Albatross Rd 3/2 $579K, 1182 Kittiwake Cir 3/3 $729K, 5126 Joewood Dr 3/2 $829K, 1140 Junonia St 3/2 $849K, 1035 Kings Crown Dr 3/2 $1.295M, 1656 Middle Gulf Dr 4/4/2 $1.3M, 0 Dinkins Lake Rd 3/3.5 $1.375M, 769 Pyrula Ave 3/3.5 $1.4M, 3728 West Gulf Dr 5/5 $2.599M.

15 price changes: 5299 Umbrella Pool Rd 3/2.5 now $595K, 752/754 Cardium St 4/2 duplex now $629K, 958 Sand Castle Rd 3/2 now $664K, 3784 Coquina Dr 3/3 now $699K, 1717 Sandpebble Way 3/2 now $699K, 5100 Sea Bell Rd 4/2.5 now $719K, 3918 Coquina Dr 3/2.5 now $899K, 2459 Harbour Ln 3/3.5 now $899K, 5657 Sanibel-Captiva Rd 3/2 now $995K, 1114 Captains Walk St 3/3 now $995K, 6129 Starling Way 3/2.5 now $1.235M, 6101 Starling Way 3/4 now $1.275M, 2939 Wulfert Rd 5/5/2 now $1.695M, 4190 Dingman Dr 4/3.5 now $2.175M, 6494 Sanibel-Captiva Rd 3/2 now $2.249M.

6 new sales: 671 Rabbit Rd 3/2 listed at $649K, 1073 Fish Crow Rd 3/2.5 listed at $699K, 1410 Albatross Rd 3/3 listed at $775K, 5757 Pine Tree Dr 3/2.5 listed at $799K, 755 Pen Shell Dr 3/2 listed at $879K, 3944 West Gulf Dr 3/3 listed at $1.099M.

5 closed sales: 9209 Kincaid Ct 3/2 $439.5K, 1709 Sand Pebble Way 5/3 triplex  $495K, 1511 Angel Dr 3/3 $1.25M, 775 Conch Ct 4/3 $1.6M, 1842 Woodring Rd 3/3.5 $1.7M.


2 new listings: 0 Island Inn Rd $295K, 4115 Sanibel-Captiva Rd $999K.

1 price change: 978 Main St now $199K.

3 new sales: 1301 Sand Castle Rd now $380K, 5830 Sanibel-Captiva Rd now $385K, 602 Boulder Dr listed at $439K.

No closed sales.



No new listings.

1 price change: Tennis Villas #3111 1/1 now $259K.

1 new sale: Tennis Villas #3131 2/2 listed at $405K.

No closed sales.


1 new listing: 13550 Palmflower Ln 4/3.5 $4.499M.

1 price change: 14860 Mango Ct 5/4 now $2.199M.

3 new sales: 15161 Captiva Dr 4/4.5 listed at $2.295M, 16455 Captiva Dr 4/4.5 now $2.495M, 16910 Captiva Dr 4/4 listed at $4.295M.

1 closed sale: 11524 Andy Rosse Ln 5/5.5 $2.25M.


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.)

flag cell towerHappy Presidents’ Day Weekend to all… if we can help with island real estate, please contact me & The SanibelSusan Team,

Susan Andrews aka SanibelSusan

Real Estate & More on Sanibel & Captiva Islands

SanibelSusan here reporting another week of wonderful island weather and the good news for those of us traveling Sanibel’s roadways has been a bit of a traffic reprieve. The islands remain busy with holiday vacationers, including many locals since schools are still out, but Periwinkle Way has been a little easier to maneuver this week.

Several of our listings had showings, with some future appointments scheduled. All-in-all, it’s looking like the first quarter of 2017 will be a busy one.

At SanibelSusan Realty Associates

Sanibelsusan LogoWe received a terrific new listing yesterday and another today. The first a large beautifully-remodeled meticulous and professionally-decorated 3+bedroom along the back circle in Seagull Estates will be posted in MLS early next week, as soon as the professional photography is done. With three screened porches overlooking a tropical backyard that borders conservation land, it also is an easy stroll or bike ride to the community pool, clubhouse, tennis, and beach access.


239 Daniel Drive in Seagull Estates


The 2nd is another beach-front condo at Casa Ybel Resort in their guaranteed income program. You may remember that we had another unit listed there that closed the end of the year. Those units (there are only 40 condos within the resort) are what many local Realtors® call “no brainers” for investors looking for easy ownership. The resort takes care of everything (including utilities and updates/repairs) with owners getting half of the annual income which usually is just under $100K. Cottage Colony West #119 will be posted later today in MLS.


Balcony & private stairs to beach at Cottage Colony West #119 at Casa Ybel Resort


Teammate Dave held an Open House yesterday at Pointe Santo and had good walk-in traffic – other island owners and renters. As properties are vacant and available, he will continue those open houses through season. He’s been busy opening listings for showings and accompanying showings too – all good action this week.


Looking from Pointe Santo #C34 over lagoon to clubhouse to gulf


The team and I are watching prices closely now that “season” is here. Overall sales in 2016 fell short of 2015. Prices, however, continue to creep up, but still are far from where they were in the heyday of 2006. The positive post-election vibes, I expect will keep those prices on the upswing. It should be a winter of plenty of offers (she said optimistically).

Sanibel & Captiva Islands Association of Realtors® Caravan Meeting

Sanibel realtors logoThere were only a few sales announced at the Realtor® Caravan Meeting yesterday. Those are listed in the report below of the action posted since last Friday in the Sanibel/Captiva Multiple Listing Service.

Our meeting next Thursday morning is the island Association of Realtors® Annual Installation and Awards event. It is usually an evening banquet, but this year is a morning (8 a.m.) breakfast at The Sanctuary. The Caravan following will be a shortened version, so our listings due for caravan will be open the following week from 9 a.m. to noon.

 Want to Avoid Legal Hassles? Top Lessons From 2016

Florida Realtors logoThe below article was posted online today at FloridaRealtors® and has some good advice. It came from Fort Lauderdale’s “Sun Sentinel”. Info about the author follows the article.

“With the foreclosure crisis over and home prices continuing to increase, we’ve moved past the problems that were unique to the housing bust. It’s a more normal real estate market these days, but that doesn’t mean there aren’t issues around every corner.

“Here are my top lessons learned in 2016:

  • “Whether you’re on the board of your community association or just live in one, you need to read your governing documents. The answers to most problems can be found there, so it should be your first stop before you file a complaint or a lawsuit.
  • “Remember, when you bought your home, you agreed to the restrictions that are now vexing you. If you want to change the rules, get involved. Join the board of directors. If you’re on the board and want to change things, first clear it with the association’s attorney. Association litigation is expensive and often easy to avoid if you know your community’s rules and follow them.
  • “I’ll address two questions I hear several times a week: First, your association can foreclose on your home over a small amount of owed dues. Even if there is a mistake on your maintenance bill, pay the disputed money and then work with your association to resolve the error. Second, accept that residents are entitled to service animals under the law – even if the residents don’t appear to have visible disabilities. If you think a resident is abusing the rules, speak to the association’s attorney before you do anything.
  • “Interest rates are rising, and lenders are lending money again. If you have any intention of refinancing your mortgage, now is the time to do it. It’s also a good time to buy a home. As interest rates increase, your purchasing power will decrease. Although I don’t think interest rates will skyrocket, you should get the cheap money now while it’s still available.
  • “Finally, one of my favorite sayings is, “If you can say it, you can sign it.” Many times, relationships go wrong and promises get broken. Two people can have the same conversation and walk away with very different understandings. Whether you are agreeing to help your adult child buy a home or making a deal with a contractor to remodel your kitchen, always write down what you both agree to and then sign your names to it. While a properly drafted contract is best, just writing down, in detail, what each party agreed to, will reduce the chances of a dispute and make things easier to resolve if there is a disagreement.

“About the writer: Gary M. Singer is a Florida attorney and board-certified as an expert in real estate law by the Florida Bar. He practices real estate, business litigation and contract law from his office in Sunrise, Fla. He is the chairman of the Real Estate Section of the Broward County Bar Association and is a co-host of the weekly radio show Legal News and Review. He frequently consults on general real estate matters and trends in Florida with various companies across the nation. Send him questions online at or follow him on Twitter @GarySingerLaw.”

Sanibel & Captiva Multiple Listing Service Activity December 30, 2016 – January 6, 2017

sancap GO MLS logoSanibel


4 new listings: Breakers West #A5 2/2 $514K, Sanibel Arms #F2 1/1 $515K, Cottage Colony West #119 1/1 $674K (our listing), Island Beach Club #220E 2/2 $1.039M.

1 price change: Sundial West #S404 3/2 now $850K.

1 new sale: Pointe Santo #E37 3/2 listed at $1.475M.

1 closed sale: Cottage Colony West #137 1/1 $602.5K.


4 new listings: 474 Lake Murex Cir 2/2 $399K, 3008 Singing Wind Dr 2/2 $529K, 4239 Gulf Pines Dr 3/2 $549K, 1304 Seaspray Ln 3/2.5 $4.495M.

5 price changes: 2401 Shop Rd 2/1 now $278K, 1478 Albatross Rd 3/2 now $659K, 5757 Pine Tree Dr 3/2.5 now $800K, 1321 Par View Dr 3/2.5 now $895K, 407 Bella Vista Way 4/4 now $2.99M.

5 new sales: 2142 Egret Cir 3/2 listed at $499K, 5406 Osprey Ct 3/2 listed at $889K, 521 Lighthouse Way 3/2 listed at $995K, 1511 Angel Dr 3/3 listed at $1.25M, 5125 Joewood Dr 4/4 listed at $2.595M.

1 closed sales: 1559 Sand Castle Rd 3/2 $625K.


1 new listing: 629 Lighthouse Way $1.095M.

No price changes.

2 new sales: 2379 Wulfert Rd listed at $289K, 592 Sea Oats Dr listed at $349.9K.

1 closed sale: 2411 Blue Crab Ct $307,318.



2 new listings: Tennis Villas #3121 1/1/2 $255K, Bayside Villas #1/2 $315K.

No price changes, new or closed sales.


1 new listing: 11551 Wightman Ln 3/3.5 $5M.

3 price changes: 43 Oster Ct 2/2.5 now $879K; 14980 Binder Dr 4/3 now $1,377,935; 14860 Mango Ct 5/4 now $2,343,925.

1 new sale: 11537 Laika Ln 4/3 listed at $1.549M.


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 activiislty in the community and does not imply that SanibelSusan Realty Associates is participating or participated in these transactions.)

Until next Friday, here’s hoping your winter is warm and bright. Another cool front is expected to pass through here on Sunday when the high is forecast to be just 61 degrees F and breezy. Back into the 70’s right after that. Just how we like January on Sanibel.

Susan Andrews, aka SanibelSusan


Beach path at Casa Ybel Resort

Mid-December on Sanibel/Captiva

SanibelSusan is reporting again that pre-Christmas and year-end events continue to keep Sanibel and Captiva Island real estate showings and sales activity to a minimum, but I was happy to make a “new sale” announcement at our local Association of Realtors® monthly breakfast meeting yesterday.

Below are more details from the meeting, a few news items, and a report of the action posted since last Friday in the Sanibel & Captiva Multiple Listing Service.

Beginning Saturday, the island is expected to fill up with holiday visitors. Though, heaviest check-ins are expected, the following week, on Christmas Eve. With the chilly weather in so much of the nation, I am sure that the islands are looking mighty fine to many right now. It’s a sunny 80 degrees here as I post this at 3:30 p.m. with weather expected to be the same right through Christmas. No need for ugly Christmas sweaters here!


Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logo2017 Professional Standards Committee – Many know that Realtors® subscribe to a Code of Ethics. We also self-govern, handling complaints from the public or colleagues regarding matters of ethics or commission arbitrations. To serve on the committees that handle these issues (thankfully few complaints are filed on Sanibel & Captiva), annual mandatory training is required. Since I will be heading the Sanibel/Captiva Association’s Ombudsman Committee again in next, I was one of 14 island Realtors® who this week completed their training for 2017. Here we are with our Florida Realtors® instructor, Anne Cockayne.

Pro Stds 12-14-16.jpg

December Monthly Membership Meeting – Dustyn Corace, 2017 President-elect, presided over the monthly meeting yesterday at the Sanibel & Captiva Islands Association of Realtors®. Guest speakers were Cara Pennetti, Owner Services Manager, and Phillip Starling, General Manager, from Sundial Beach Resort and Spa.

sundial-logoLooking to increase the number of Sundial units enrolled in their on-site rental program, Cara and Phil reminded Realtors® that the resort’s new 3-year rental agreement, now going into its second year, gives owners 55% of the income the 1st year, followed by 57% and 60% in the following years. With this agreement, owners may reserve up to 28 days for their own use between February 15 and April 30, otherwise owner time is unlimited.

Phil also spoke of the new pickleball courts being constructed at the resort (more on that below). He also said that plans and permits are in the works for a new food/beverage offering that is expected to be open in the lobby area beginning February 1. Sounded like it could be take-out, but it’s not ready to be officially announced yet – more on that in the days to come.

Before the Caravan portion of the meeting, 2017 Committee Chairs gave brief presentations on their plans for the upcoming year. Since the current chair was away, as the incoming Chair for Communications & Public Relations, I reported on the three ads that will be in upcoming publications. Developed from a member survey conducted earlier this year and titled “Realtors® Make a Difference”, these marketing pieces describe how island Realtors® help, serve, and take pride in our community.

50-50-raffleI also reported that monies from the reserve fund from our meeting 50/50 drawings are being donated to the following local charities: $500 CHR (Community Housing & Resources), $500 CROW (Care & Rehabilitation of Wildlife), $500 F.I.S.H. (Friends In Service Here), $500 Friends Who Care, $500 San-Cap Cares (Golisano Children’s Hospital), and $1,000 The Community House. Formal check presentations will be made later this month.

Earlier this year from our RPAC contributions, a $4,500 grant went to SCCF (Sanibel-Captiva Conservation Foundation) for educational boat trips. The Association is proud of its partnerships with, and support from, many local organizations.

Sundial Beach Resort & Spa Has Pickleball Coming

santiva chronicleThe “Santiva-Chronicle” reported Wednesday that “Sundial Beach Resort & Spa has announced the addition of 12 regulation pickleball courts to its lineup of resort amenities and public offerings.


“The Plexicushion system courts will provide the area with state-of-the-art tournament-grade facilities in a beautiful, lake-front setting.  Construction is underway with an anticipated early spring opening.

“Pickleball was invented in 1965 as the result of family boredom and ingenuity and has enjoyed a rapidly growing burst of popularity.  A combination of tennis, badminton and table tennis, it now claims the title of the “fastest growing sport in North America”.  Suitable for all ages and skill levels, the sport is a game of shot placement rather than strength and may be played at a leisurely pace or highly competitive tournament level.

““We’re looking forward to bringing a quality, state-of-the-art pickleball facility to Southwest Florida” said Phillip Starling, Sundial’s general manager.  “Not only will Sundial be the first area resort to offer onsite, stand-alone courts to guests, we’ll also be providing a resource for local and tournament play in our region.”

“Erica Cossairt, Director of Tennis, will oversee Sundial’s pickleball program and league play.  Lessons, round robins, and clinics for all ages will be available to both resort guests, residents and visitors. Introductory pickleball memberships will be offered to the public at $250 annually or a $5 guest fee per person per hour.

“Guests of the resort will enjoy complimentary access as part of Sundial’s activity package. In addition, the resort plans to host USA Pickleball Association Tournament play including competition for all levels and ages with its inaugural tournament planned for later in the year.  For information on memberships and pickleball please contact or phone 239-395-6037.”

Update on Sanibel Community House

community-ctr-renovationConstruction is nearing completion at the $3M reconstruction, restoration, renovation, expansion project at The Community House. It all began in May. A temporary certificate of occupancy is expected before the end of the month. If it is received, equipment could starting moving in in early January. Events are already scheduled in 2017, including the 80th Annual Sanibel Shell Festival in March. Not bad for a building that is a 90-year-old structure. More info at

Holiday Happenings

Chapel by the Sea Captiva.jpgCommunity Carol Sing – open to the public, at historic Captiva Chapel By The Sea, 11580 Chapin Lane, Sunday, Dec 18 at 6 p.m. A handful of locals and featuring Johnny Jensen on the drums are performing “Little Drummer Boy”. You-know-who is singing alto.

Santa Run – Want presents delivered? They must be taken to the main fire station at 2351 Palm Ridge Rd no later than 5 p.m. next Friday, Dec 23. Each gift must be in a bag with instructions attached. If it is going to a condo, a detailed sketch is helpful. Sponsored by the Sanibel-Captiva Kiwanis Club, delivery begins at 5:30 p.m.

Christmas Eve on Lighthouse Beach – open to the public, 5 p.m. outdoor service by Sanibel Congregational United Church of Christ with candle lighting, carol singing, & offering to benefit F.I.S.H and the Salvation Army.

2017 Investing: Turbulent Market, Lots of Opportunity

Florida Realtors logoThe below interesting, though lengthy article was posted yesterday at Florida Realtors® on line. Many have noticed that the market here came back following the election. I bet it stays hot through “season”, after that maybe some of the forecast here will apply.

“The real estate market is in for some turbulence in 2017, but it is not time for investors to hide under their beds, according to LaSalle Investment Managements latest Investment Strategy report.

“While there is a good chance there will be some real game-changers with (Donald) Trump’s election, Brexit, Italian referendum and more to come in 2017, investors should future-proof their portfolios by trying to get ahead of certain slow-moving secular trends including climate change and urbanization, said Jacques Gordon, global strategist in the real estate money managers Chicago office, in an interview.

“In the U.S., there is significant uncertainty surrounding Mr. Trump’s policies and direction, as well as the future relationship between Mr. Trump as president and the Republican-controlled Congress, the 2017 annual report, released Tuesday, noted.

“Tax cuts, infrastructure spending, deregulation and improved business sentiment – all things Mr. Trump has promoted – would benefit real estate investments, the paper stated.

“Real estate connected to infrastructure projects typically does extremely well, Mr. Gordon said. Examples include projects to convert abandoned rail lines into walkable urban spaces such as Manhattans High Line and similar projects in Atlanta, Chicago and Portland, Ore., he said.

“All of this takes infrastructure spending to get it going, Mr. Gordon said.

“However, trade wars, reduced immigration, interest rate increases and a standoff between Congress and the president on deficit spending would be negative for real estate investors.

“A trade war, for example, could hurt U.S. exports and real estate related to the technology, media and telecommunications sectors, the report noted.

“This is not a time for fear and terror, Mr. Gordon cautioned. It’s a time to pay attention and be aware of the structural changes that are coming, to be more cautious and to find places to move to offense.

“Watching trends – The four main structural, long-term trends that LaSalle tracks are demographics, technology, urbanization and environment. The latter category, new this year, covers climate change awareness, sustainability initiatives and measures to benefit the health and welfare of building users.

“Investors should keep these trends in mind as they can dramatically affect real estate holdings, the report states. This means focusing on the parts of the city where there are demographic, urbanization, technology and environmental change drivers, Mr. Gordon said.

“Tenants these days want properties that have recycling and energy conservation initiatives like saving on water, which also reduce costs, he said. Investors should also be aware of how properties in certain locations will do in climate-change conditions such as flooding. With 100-year floods happening every three years, it (climate change conditions) seems more common, he said.

“In some areas in Florida, for example, real estate investors should be aware of the costs of rising sea levels and rising tides on properties. Real estate investors can do things like making sure their backup generators are not in the basement in case of a flood, he said.

“There are investment opportunities in the U.S. One of the most attractive in 2017 will be warehouse development to take advantage of shoppers increasing preference for shopping online and subsequent moves toward faster delivery, the report states. This trend is driving demand for modern warehouses built to accommodate e-commerce in locations close to cities and traditional distribution centers, the report noted.

“LaSalle also is recommending defensive investments in premium malls, urban retail and grocery-anchored centers, which generally outperform other property types during recessions. The firm is making this recommendation even though the report acknowledges that in the future, shoppers could shift to online grocery shopping rather than buying groceries at brick-and-mortar stores.

“Looking north – “Still, LaSalle predicts rent growth will moderate in the U.S. as well as in Canada during 2017 from the high rates of 2015 and 2016. However, supply of new property should not overrun demand in North America as construction loans are harder to obtain.

“One investment opportunity in Canada stems from the globalization of Canadian pension plan portfolios, the report notes. As Canadian pension funds increase their international real estate exposure, they are selling off peripheral real estate holdings in Canada. This is creating investment opportunities in core and core-plus properties that are not typically available, the study states.

“In Europe, the coming elections in 2017 could lead to significant market volatility. The resignation of Italian Prime Minister Matteo Renzi after voters rejected a referendum to change the country’s constitution has brought anti-European Union-immigration forces to power in Italy, the paper notes. But even had the referendum passed, Italy still has problems that negatively impact real estate investors, including the undercapitalization of banks stifling credit, the report notes.

“With upcoming elections across Europe, LaSalle expects mainstream candidates to prevail over nationalist parties in Germany and France. If LaSalle executives are right, there will be moderate economic growth and inflation in 2017 and 2018, which should lead real estate investors to continue investing in income-producing properties in Europe.

“Competition for core income-producing real estate in Europe will remain intense, the study states. However, aside from a potential upside for office properties as a result of the U.K. vote to exit the European Union in June, LaSalle foresees investment opportunities in retail, including shopping centers in dominant shopping destinations in France and premium shopping centers in Sweden and Germany.

“There are also value-added opportunities in Europe. Examples are micro-apartments, apartment-hotels and student housing in Paris, Munich, Berlin, Amsterdam, Milan and Madrid.

“In Asia, Japanese pension plans have announced interest in expanding investment in real estate from less than 1 percent of an estimated 356 trillion ($3.09 trillion) combined total assets should create opportunity, the report indicated. Pension fund officials are first expected to invest in real estate in Japan and then move into core markets, sectors and properties outside the country. If Japanese pension plans increase their allocations by 2 percentage points, it would increase institutionally held real estate in Japan by 25%, the paper states.

“If you can keep your head when others are losing it, that is a good investment trait, Mr. Gordon said. Sitting still and doing nothing is the worst thing an investor can do. Then you’re letting the market push you around.

Copyright © 2016 All rights reversed for Saudi Press Agency. Provided by SyndiGate Media Inc. (

Sanibel & Captiva Multiple Listing Service Activity December 9-16, 2016

sancap GO MLS logoSanibel


5 new listings: Seawind #A108 2/2.5 $519K, Coquina Beach #2A 2/2 $619K, Sunset South #4A 2/2 $799K, Sundial West #E304 2/2 $814.5K, Pointe Santo #E37 3/2 $1.475M.

5 price changes: Coquina Beach #2C 2/2 now $599K, Sanibel Surfside #223 2/2 now $778K, Pointe Santo #B25 2/2 now $789K, Sundial East #T306 3/2 now $1.395M, Somerset #302 3/2.5 now $1.65M.

3 new sales: Sanibel Arms West #J6 2/2 listed at $495K, Cottage Colony West #136 1/1 listed at $624.9K (our listing), Sanddollar #B204 2/2 listed at $895K.

3 closed sales: Sundial West #I207 1/1 $299K, Mariner Pointe #522 2/2 $425K (our listing & sale), Loggerhead Cay #211 2/2 $575K.


8 new listings: 5297 Punta Caloosa Ct 2/3 $699K, 4694 Rue Bayou 3/3 $739K, 1334 Junonia St 3/2 $749K, 1943 Sanibel Bayou Rd 3/3 $839K, 2920 West Gulf Dr 3/2 $979K, 775 Conch Ct 3/3 $1.595M, 1083 Bird Ln 4/3 $3.595M, 4689 Rue Bell Mer 5/6.5 $7.695M.

7 price changes: 998 Fish Crow Rd 3/2 now $699K; 537 Lake Murex Cir 3/3 now $899K (our listing); 1501 Sand Castle Rd 5/3.5 now $899,999; 276 Ferry Landing Dr 3/3 now $924.9K; 732 Windlass Way 4/3.5 now $1.379M; 2939 Wulfert Rd 5/5/3 now $1.795M; 1326 Seaspray Ln 4/4.5 now $1.995M.

2 new sales: 8991 Mockingbird Dr 3/2 listed at $829K, 800 Sand Dollar Dr 3/3.5 listed at $1.695M.

1 closed sale: 1722 Serenity Ln 3/3 $500K.


2 new listings: 6095 Dinkins Lake Rd $289,555; 6159 Starling Way $689K.

2 price changes: 2462 Wulfert Rd now $219.5K, 1311 Par View Dr now $289K.

No new or closed sales.



Nothing to report.


No new listings.

3 price changes: 14980 Binder Dr 4/3 now $1,377,956; 16167 Captiva Dr 4/3 now $1.699M; 14860 Mango Ct 5/4 now $2,343,946.

3 new sales: 11536 Andy Rosse Ln 3/3 listed at $1.775M, 11519 Andy Rosse Ln 6/5 listed at $2.225M, 11400 Dickey Ln 4/6.5 listed at $8.995M.

No closed sales.


No new listings or price changes.

1 new sale: 16950 Captiva Dr listed at $2.995M.

No closed sales.

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

holiday-palm-clip-artUntil next Friday, may your days be sunny & filled with holiday fun!

Susan Andrews, aka SanibelSusan