Wrapping Up “High Season” on Sunny Sanibel & Captiva


Time for another Friday update from Susan and The SanibelSusan Team.

What a change here this week. Like magic as April 15 rolled around, the islands thinned out and traffic lessened, though the weather remains sunny and summerlike – mostly high-70’s low-80’s all week.

Many vacationing families continue to enjoy the bike paths, waterways, and beaches (spring break for several out-of-state schools), but if my “busy” gauge is how long it takes to drive from the office to my home either mid-day or during Sanibel rush hour, things here are back to what I call “normal”. I made the trip in nine minutes twice this week! (Compared to a record 1-1/2 hours on Presidents’ Day.)

Tomorrow is officially what is considered the end of “high season”, while accommodations over the next few weeks charge what are called “shoulder rates” for those looking to stay for less than in the winter. Later, “summer” rental rates will be even lower.

Seasoned visitors and locals often describe May as one of the best months on the islands – being just after the winter rush, but before schools are out. May weather often is some of the best since the rainy season isn’t in full swing, yet flowers are blooming and beach water is clear with sea turtles just beginning to nest.

Here are a few photos of what is flowering at my home. Great that longer days mean I get to enjoy the pink explosion when I get home. Can you tell I like that color? Had to compromise with the gardenia.

 

At Sanibel Susan Realty Associates

SanibelSusan Realty from Periwinkle WayAll’s well at SanibelSusan Realty, where we are finalizing things on three closings scheduled to occur next week and got another listing under contract. I was out showing a few times this week, including one on Easter Sunday afternoon – whatever it takes!

Teammate Dave held several open houses and we’ve opened some listings for showings too. Teammate Elise’s report with the details of the week’s Multiple Listing Service action follows a few news items below.

Next week, we will be working on updating data for our big post-season inventory mailout that will go to the printer in early May. It goes out to all island property owners and prospective buyers. Favored by many since it reflects current inventory as well as many “season” sale prices, if you are not already on our mailing list and would like a copy, please let us know.

High “season” may be winding down, but we have been in this business long enough to know that the next wave of buyers will be the serious ones who did not find exactly what they want to buy in “season” and they know that returning during the “shoulder” weeks is one of the easiest time to view properties – particularly those in rental programs. They know it’s a good time to make offers too. We are ready.

April Membership Meeting – Sanibel/Captiva Islands Association of Realtors®

Sanibel realtors logoYesterday’s Sanibel & Captiva Island Association of Realtors® monthly membership meeting was well attended, but only a handful of new listings were on the Caravan schedule that followed. Next month (May), the caravan meetings which are held every week in “season”, revert to a summer schedule – or every other week. Summer caravans also are not restricted to either east-end or west-end. When the traveling is easier, caravans are open to both islands. Upcoming caravans will be on the following Thursdays: May 4, May 18, and June 1, from 9 a.m. until noon.

Remodeling – Choosing/Replacing Windows – The meeting speakers were affiliate member business partners, Jeff Carroll with Tradewinds Custom Homes and Arthur Monahan with Seacoast Cottage Company. They each provided a short presentation on choosing/replacing/remodeling windows.

With most island owners buying for vacations, investment, or a 2nd or 3rd home, Jeff mentioned that he often hears new consumers, unfamiliar with Florida construction, say that they don’t really need good windows down here because “it’s not that cold”. He said, what they don’t yet realize is that “it is that hot”.

He also remarked that many buyers, new to the area will say that they expect to have their windows closed for just a couple of months each year, when in reality, he said that most will find out that they will only keep their windows open for eight to ten weeks, at best.

Art offered a hand-out with the following issues to consider when considering windows:

  • Insurance
  • Building Code (energy efficiency, turtle-friendly, 50% rule on remodels)
  • Cost (style, size, coatings, frames, manufacturers)

Here is some other info from his handout.

“Manufacturers:

  • PGT                 $
  • CGI                  $$
  • Anderson       $$$
  • Pella                $$$$

“With window frame types, always consider the warranty period when making a decision about frame type:

  • Aluminum or metal – Although very strong, light, and almost maintenance free, metal or aluminum or metal frames conduct heat very rapidly, which makes metal a very pool insulating material. To reduce heat flow and the U-factor, metal frames should have a thermal break – an insulating plastic strip placed between the inside and outside of the frame and sash.
  • Composite – Composite window frames consist of composite wood products, such as particleboard and laminated strand lumber. These composites are very stable, they have the same or better structural and thermal properties as conventional wood, and they have better moisture and decay resistance.
  • Fiberglass – Fiberglass window frames are dimensionally stable and have air cavities that can be filled with insulation giving them superior thermal performance compared to wood or uninsulated vinyl.
  • Vinyl – Vinyl window frames are usually made of polyvinyl chloride (PVC) with ultraviolet light (UV) stabilizers to keep sunlight from breaking down the material. Vinyl window frames do not require painting and have good moisture resistance. The hallow cavities of vinyl frames can be filled with insulation, which makes them thermally superior to standard vinyl and wood frames.
  • Wood – Wood window frames insulated relatively well, but they also expand and contract in response to weather conditions. Wood frames also require regular maintenance, although aluminum or vinyl cladding reduces maintenance requirements.

“Glass types include:

  • Heat-absorbing tints
  • Insulated (which have less tendency toward condensation & the resultant growth of mold & mildew)
  • Reflective coatings (allow for “turtle friendliness”)
  • Spectrally selective coatings.

“Window styles include:

  • Casement – One-hinged sash that swings outward from the side.
  • Awning: One sash that hinges from the top to the outside
  • Double-Hung – Two sashes that slide vertically to open shut or position to provide more efficient ventilation. Raise the lower sash to allow in a cool breeze. Lower the upper sash to pull hot air from the ceiling outside.
  • Single-Hung – Looks like a double-hung window, but only the bottom sash slides vertically to open and shut.
  • Sliding — One fixed and one moveable sash that slides open or shut horizontally – ideal for difficult to reach areas.
  • Bay & Bow – Angled or curved combination of windows that extend outward to maximize view.

“Art further described casement windows as the best and that new windows should provide 60% energy efficiency.”

For further info:

Jeff Carroll with Tradewinds Custom Homes – www.TradewindsHomes.com

Art Monahan with Seacoast Cottage Company – www.SeacoastCottageCompany.com

FREE Summer Programs at J. N. “Ding” Darling Wildlife Refuge

ding darling goose logoWith season winding down, summer events are being announced. Here’s a summary of the summer programming being offered at the Wildlife Refuge from June 2 through August 5, made possible by support from the “Ding” Darling Wildlife Society as reported in their spring newsletter. They are “offered weekly, with no pre-registration necessary.

  • Reading at the Refuge – every Wednesday at 10 a.m. Attendees at each 45-minute reading and crafts session learn about a Refuge animal and make a take-home craft related to it. Meet at the Visitor & Education Center Classroom.
  • Indigo Trail Hike – every Thursday at 10 a.m. Join Refuge naturalists as they lead a one-hour tour to the Wildlife Education Board to identify and discuss the ecosystem’s plants, mammals, birds, and reptiles – fun for adults and children alike. Bring water, sunscreen, and bug spray. Meet at the flagpole in front of the Visitor & Education Center.
  • Family Beach Walk – every Friday at 9 a.m. The one-hour program convenes at Gulfside Park to explore the Refuge’s gulf-front Perry Tract. City parking fees apply. Bring water, sunscreen, and bug spray.
  • Wildlife Wonders – every Saturday at 11 a.m. Refuge education staff lead this 30-minute indoor program about the mysteries of manatees, alligators, crocodiles, and birds. Held in the Visitor & Education Center auditorium.”

tarpon bay explorers logoTarpon Bay Explorers Schedule

  • Tram Tours of Wildlife Drive  – April: Mon-Thurs: hourly 10 a.m. to 4 p.m.; Sat & Sun: 10 a.m., 11:30 a.m., 1 p.m., 2:30 p.m. & 4 p.m.; May & June:     Mon-Thurs: 10 a.m., 11:30 a.m., 1 p.m., 2:30 p.m. & 4 p.m.; Sat & Sun: 10 a.m., 1 p.m., & 4 p.m.
  • Kayak Trail Tour (any & all times substituted with low tide paddle when trail not accessible) – April: Mon-Fri: 8:30 a.m., 10 a.m., 11:30 a.m. & 1 p.m.; Sat & Sun: 10 a.m. & 1 p.m.; May & June: Mon-Fri: 10 a.m. & 1 p.m.; Sat & Sun: 10 a.m.
  • Sunset Rookery Paddle (2 hours prior to sunset) – April: Daily; May & June: Mon, Wed, Fri, & Sat or Sun.
  • Breakfast CruiseMon, Wed, Fri at 8:30 a.m.
  • Standup Paddleboard Tour (all at 9 a.m.) – April: Mon-Sat; May & June: Tues, Thurs, Sat.
  • Nature & Sea Life CruiseDaily at 11 a.m. & 1:30 p.m.
  • Evening CruiseDaily 2 hours prior to sunset.
  • Aquarium & Touch TankDaily at 3 p.m.
  • Rentals & Fishing ChartersDaily 8 a.m. to 6 p.m.

Most Consumers Are Wrong About Home Insurance

realtor logoA “Daily Real Estate News” article published earlier this month and posted on Realtor® Mag News says:

“Fifty-six percent of consumers recently surveyed believe that a standard homeowner’s policy covers flood damage. But they’re mistaken, and their assumption could be a costly mistake.

“A survey by InsuranceQuotes of about 1,000 consumers shows a lot of misunderstandings when it comes to home insurance and what’s covered and what’s not.

“”Being misinformed about your home policy can be an extremely expensive mistake—especially when a few inches of water in a 1,000 square-foot home can easily cost over $10,000 in repairs,” says Laura Adams, senior insurance analyst at InsuranceQuotes. “There are a number of widespread myths ranging from coverage for dog bites to items stolen from your car that frequently trip up policyholders.”

“Consumers tend to overestimate the amount of coverage they have when it comes to flooding protection, according to the study. Further, 81% of survey respondents knew that valuables stolen from their home were covered under most standard homeowner’s policies, yet only 28% knew that renter’s insurance would cover valuables stolen from their cars.

““It’s critical for consumers to thoroughly explore their options and really understand the protections that are included or excluded with a standard renter’s or home insurance policy,” says Adams. “Don’t wait until right before a big storm is headed your way to get coverage because there may be a waiting period.”

“Flood insurance is particularly a hot topic to address with clients lately. The National Association of REALTORS® has been warning its members about the threats to homeowners and property sales when the National Flood Insurance Program expires on Sept. 30. Policymakers in more than 22,000 communities nationwide rely on NFIP to protect them from flood risks, like torrential rain, swollen rivers and lakes, snow melt, failing infrastructure, and storm surges and hurricanes.

““When the NFIP expired in 2010, over 1,300 home sales were disrupted every day as a result,” NAR President William E. Brown recently said in a statement. “That’s over 40,000 every month. Flood insurance is required for a mortgage in the 100-year floodplain, but without access to the NFIP, buyers simply couldn’t get a mortgage or vital protection from the number one cause of loss of property and life, flooding.”

“The National Association of REALTORS® is working with lawmakers to strengthen the program and also create a path for a private market to take hold ahead of the Sept. 30 expiration.”

Milestone in Sanibel Sewer Expansion Project

Sewer signs Phase 4 Shannen HayesAs reported recently in several island papers, including the “The Santiva-Chronicle” write-up below and photo to the right:

“Sanibel has entered Phase 4 of its sewer expansion project on Woodring Road, the city announced on Monday, April 17.

“Phase 4 will connect 19 properties on Woodring Road. The work began Monday and the city said work will continue into the fall. During that time, the Bock Peace Park parking area at the north end of Dixie Beach Road will have very limited parking, the city said.

“Phase 4 also includes five properties on West Gulf Drive. When Phase 4 is complete, it will leave only 20 properties in four different areas of Sanibel to be connected in the final phase.

“Sanibel City Council approved Phase 4 in January, 2016 at a cost of about $1.2 million. “This is a milestone,” City Manager Judie Zimomra said to the City Council on Jan. 5, 2016. “Sanibel has invested more than $70 million on sanitary sewers island-wide. That’s a significant accomplishment on a barrier island. “We have put ourselves in position to do this and today we are glad to move into the final phase,” Zimomra said.

“The council had two options before it as to how property owners would be assessed. One was to split costs equally and the second was to put a $10,000 cap on assessments with the city picking up the balance. In its unanimous vote to move ahead with Phase IV, the council went with the $10,000-cap option.

““Sanibel needs to continue to walk the walk and talk the talk about the environment,” Mayor Kevin Ruane said. “Set the cap at $10,000. It’s important to finish what we started. We have the money in sewer reserves so we can do the projects as planned.”

“Many of the remaining unconnected properties are considered low-flow septic systems. They will be required to connect to the sewer systems when those septic systems fail.”

Sanibel & Captiva Multiple Listing Service Activity April 14-21, 2017

sancap GO MLS logoSanibel

CONDOS

1 new listing: Ibis at The Sanctuary #B201 2/2 $475K.

5 price changes: Tennisplace #A31 2/1.5 now $299K, Sunset South #10C 2/2 now $759K, Pointe Santo #C36 2/2 now $786K, Pointe Santo #D32 2/2 now $799K, Tanglewood #1A 3/2 now $1,039,999.

4 new sales: Seashells #3 2/2 listed at $399.4K, Blind Pass #F106 2/2 listed at $409K, Sundial East #L401 2/2 listed at $749K, Beachcomber #A102 2/2 listed at $1.445M (our seller).

1 closed sale: Loggerhead Cay #152 2/2 $860K.

HOMES

2 new listings: 714 Durion Ct 3/2 $619K, 1032 Lindgren Blvd 3/2.5 $895K.

6 price changes: 1817 Atlanta Plaza Dr 3/2 now $474.9K, 3364 Twin Lakes Ln 3/2 now $699K, 673 East Rocks Dr 3/2 now $848.8K, 2939 Wulfert Rd 5/5/2 now $1.595M, 267 Ferry Rd 3/2 now $1.895M, 1206 Bay Dr 4/4.5 now $3.777M.

9 new sales: 1602 Serenity Ln 4/2 listed at $477K, 1585 Serenity Ln 3/3 listed at $520K, 2154 Egret Cir 3/2 listed at $539K, 1429 Jamaica Dr 3/3 listed at $664.9K, 2629 Coconut Dr 2/3 listed at $765K, 755 Pen Shell Dr 3/2 listed at $879K, 941 Pecten Ct listed at $949K, 2451 Blind Pass Ct 4/4.5 listed at $1.899M, 4190 Dingman Dr 4/3.5 listed at $1.995M.

No closed sales.

LOTS

1 new listings: 2356 Wulfert Rd $189K.

No price changes or new sales.

2 closed sales: 5687 Baltusrol Ct $300K, 1048 Fish Crow Rd $375K.

Captiva

CONDOS

1 new listing: Tennis Villas #3118 1/1 $255.5K.

No price changes.

1 new sale: Beach Homes #9 4/3.5 listed at $3.1M.

No closed sales.

HOMES

1 new listing: 15831 Captiva Dr 2/2.5 $5.25M.

No price changes.

1 new sale: 11520 Wightman Ln 3/2 listed at $2.495M.

No closed sales.

LOTS

Nothing to report.

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

Until next Friday, here’s hoping you have sunny days where you are too!

I had family in town over their Easter break. Here’s my great nephew, Caden, enjoying Sanibel beach!

Susan Andrews, aka SanibelSusan

2017-04 Caden Beach

2-Sale Double-Dip Week Plus a New Great Listing for SanibelSusan


IMG_1732We had a flurry of activity at SanibelSusan Realty this week. There was no Realtor Caravan meeting yesterday, but I (Susan) had two unexpected sales (both my listings – love those) – one by a past client and the other a new customer who called from reading my Friday blog. How about that!

Dunes logoYesterday, we received a terrific new listing in The Dunes. A photo taken from the great room of this house at 1311 Sand Castle Road is shown above. It has peaceful lake views perfect for wildlife watching.

With good feedback from other listings that were shown this week too, our fingers are crossed on a couple of those! Maybe “season” is starting early!? That sure would be nice!

Sancapbank logoSpecial shout-outs to Dan Cronin, Assistant Vice President and Loan Officer, with the Sanibel-Captiva Community Bank and Ron Dehler, Chief Inspector, with Horizon Inspection Service, Inc. for their expert service this week too!Ron Dehler448_FJ_Ron_house

Great to refer business to folks who respond, professionally and quickly!

Mid-September on Sanibel & Captiva Islands

Sunset-croppedThe peak day of hurricane season was Tuesday, so hopefully Southwest Florida will wind down through the next two months with less rain and no storms. Though it has been one of the wettest summers in recent history, there has been wonderful weather the last few days. The typical afternoon/evening showers have not made it to the island, though there has been some pretty serious flooding in some areas off-island.

It also was reported on the news that the water releases from Lake Okeechobee will be reduced 60% beginning today because the water level in the lake is down to a more reasonable level. There have been a few inquiries about the water, but mostly locals are fielding visitor questions about what is open and what’s not. With schools back in session, September is usually the islands’ quietest month. Ding Darling Drive remains closed until October 1. The Sanibel Movie Theater is closed all month and many restaurants and shops continue to close for fix-ups and vacations.

Here are a couple of wind insurance news items followed by this week’s action in the Sanibel and Captiva Islands Multiple Listing Service.

Florida Approves Citizens Property Insurance Hikes

Citizens_logoSometimes these news items are not much fun to post. Earlier this week the “Associated Press” posted the following article from Tallahassee:

“Florida customers of the state’s largest property insurance company – including many homeowners who live near the coast – will be paying more in the coming year. State regulators on Monday announced that they had approved an overall statewide rate hike of 6.3% for customers of Citizens Property Insurance Corp. The hike means that the state-created Citizens – which has 1.22 million policyholders – will have raised its rates for four straight years.

“The Office of Insurance Regulation’s hike is slightly smaller than what Citizens officials had requested. The increases would take effect in January and February 2014.

“But the range of hikes varies depending on where homeowners live and what type of policy they have with the insurer. Many policyholders in South Florida as well as coastal counties such as Sarasota, Escambia and Volusia may see a 10% jump in their insurance bills while the rate change will be lower for those who live further inland.

“Barry Gilway, president and CEO of Citizens, maintained that exposure to hurricanes and sinkholes were the “major drivers” behind the need for the rate hikes this year. In a statement, Gilway said he was pleased that regulators “agreed with our overall approach.”

“Citizens would have likely asked for larger increases next year – but state law does not allow Citizens to raise rates on most coverage more than 10% a year. That cap does not apply to sinkhole coverage.

“The final order issued by regulators allows sinkhole rates to go up by 20% in Hernando and Pasco counties and 50% in Hillsborough County.

“Citizens has the power to place a surcharge, also called a “hurricane tax,” on its own policies and on the policies of most insurance policies if it can’t cover its losses following a major storm. That has prompted a push by Gov. Rick Scott and others to force Citizens to improve its finances. Citizens has billions of dollars in surplus now, but a series of a storms, or back-to-back years with major hurricanes, could wipe out the surplus. “The agency’s action will allow Citizens to continue providing quality service to our 1.2 million policyholders while reducing the risk of assessments on all Floridians,” Gilway said in his statement.

Citizens Insures Thousands of Out-of-State Owners

FLRealtors_newlogoContinuing with more news about Citizens, I read this article on FloridaRealtors this morning. It was sourced to “The Miami Herald” yesterday.

“When Citizens Property Insurance sends out its monthly customer bills, only 31% of them go to the same house that is insured. The rest go to other mailboxes in Florida – and around the globe, according to data analyzed by the American Consumer Institute of Citizen Research. More than 19,000 bills go to people who live in Canada, nearly 27,000 go to New Yorkers, almost 12,000 go to folks in New Jersey and hundreds more go to England, Germany and France. From Singapore and China, to South Africa and Luxembourg, Florida’s state-run insurance company is providing subsidized insurance coverage to 22,775 property owners who reside abroad. Another 176,465 policies go to homeowners with primary addresses in other states, the study found.

“At least 1 million of the nearly 1.3 million monthly bills for homeowners policies stay in Florida, but that includes an estimated 500,000 policies that go to addresses different from the property that is insured. As Florida grapples with how to lower the cost of homeowners insurance along its hurricane alley, the out-of-state subsidies are a luxury it cannot afford, said Steve Pociask, president of the Washington, D.C.-based think tank that reviewed Citizens’ billing lists. “It all comes down to affordability,” he said. “People who live here and have their primary homes insured here are teachers, police, service workers and they are being stung by higher prices, while 27,000 people who have their bills sent to New York are getting subsidized insurance. Why do we want to subsidize these folks?”

“The inequities are enough to prompt Sen. David Simmons, the chairman of the Senate Banking and Insurance Committee to draft legislation to require that out-of-state policyholders whose second homes or vacation are insured by Citizens no longer receive subsidized rates. “It is a real issue,” said Simmons, R-Maitland. “We thoroughly investigated it. The people who have the wind-only policies in the coastal accounts pay comparatively less than people who have personal accounts who are paying close to actuarially sound rates. It’s grossly unfair.”

“Pociask’s findings have also prompted a coalition of business and environmental groups this week to call for legislation to ban property owners whose primary residence is out of state from qualifying for Citizens insurance, which are offered at below-market rates. “It is bad public policy to continue to allow public subsidies for wealthy, out-of-state homeowners, including coastal homeowners who should be paying a fair price to live in a vulnerable area,” said Manley Fuller, president of the Florida Wildlife Federation and a member the Stronger Safer Florida Coalition, whose goal is to reduce the risk of hurricane losses in the wake of a major storm.

“The study, produced independently by Pociask using data supplied by Citizens, does not distinguish between policyholders who own or rent their property to full-time residents in Florida but receive their bills out of state, and those who live in Florida only part of the year. It’s a controversial suggestion in a state where steady improvements in the real estate market are being driven in part by international buyers.

“For example, in Sunny Isles Beach, development is under way for eight luxury condominiums, most of which are being marketed to foreign and out-of-state investors. Mayor Norman Edelcup predicts the city’s property tax base will double in the next five years because of it. But, he said, access to property insurance is key. “If Citizens were to deny insurance coverage to non-resident owners – in effect creating second class citizens – I would be totally against it,” he said. If those property owners are denied Citizens coverage, and can’t obtain insurance from an alternative carrier, “that would immediately cut those buyers out of the market and that would have a dramatic effect on us,” he said.

“Legislators tried to impose a surcharge on non-homesteaded property once before, in 2006. But the measure, which was adopted by legislators as part of a sweeping insurance reform bill, was repealed the next year in the wake of spiraling insurance costs at the state-run carrier. Under the current system, anyone who obtains a Citizens policy faces the risk of being charged additional assessments if the state runs out of money to cover claims in a massive storm. Floridians who don’t carry Citizens coverage would also face fees to bail out the state carrier, leading some to question the fairness of giving out-of-state residents subsidies if they escape the added costs. “We should not be subsidizing insurance – period – because it distorts risk and it distorts the market,” said Christian Camara, Florida state director of the R Street Institute, a free-market think tank. “But we especially should not be subsidizing folks who do not live in Florida and would not be subject to the assessments in a worst-case scenario.”

“Efforts to shrink Citizens and reduce the potential size of those assessments was the focus of a major property reform bill passed last session. Under the plan, Citizens established a clearinghouse to encourage private insurers to take over Citizens plans, limited the maximum Citizens policy from $2 million to $1 million and eliminated subsidizes for new construction in environmentally-sensitive coastal areas.

“But Pociask, who said his organization receives no funding from Florida entities, warns that because of the large number of out-of-state policyholders, the reforms may not do enough to ease the financial burden on Florida residents if a massive storm were to hit. “The whole idea of having that investment from other countries is really good for the state, but, the question is, should somebody else be on the hook for paying for their insurance?” he asked.

“Simmons said he is prepared to find the answer with legislation next session. “Our plan is to address the inherent inequities that exist without denying anybody access to Citizens,” he said. “But we want to make sure the existing Citizens policyholder are not subsidizing other policyholders who are out of state.””
Sanibel & Captiva Islands Multiple Listing Service Activity from Sep 6-13

Lanaiviewc

Sanibel
CONDOS
3 new listings: Beach Road Villa #103 2/2 $349.5K, Sanibel Moorings #1622 2/2 $439K, Sanibel Arms West #M4 2/2 $450K.
2 price changes: Blind Pass #E206 2/2.5 now $479K, Pointe Santo #B25 2/2 now $749K.
4 new sales: Duggers Tropical Cottages #2 1/1 listed for $249K, Mariner Pointe #1042 2/2 listed for $424K (our listing & sale) (picture of that view above), Sanibel Arms #D1 2/2 listed for $450K, Sunset South #3B 2/2 listed for $595K.
1 closed sale: Sanibel Siesta #210 2/2 $414.5K.
 
HOMES
4 new listings: 1039 Beach Rd 2/2 $340.5K; 579 Rabbit Rd 3/3.5 $579,555; 1311 Sand Castle Rd 3/2 $749.9K (our listing); 600 N Yachtsman Dr 3/2.5 $1.195M.
2 price changes: 1809 Bowmans Beach Rd 3/2 now $499K, 1342 Junonia St 3/3 now $629K.
4 new sales: 659 Donax St 2/2 listed for $449K (our listing & sale),  470 Lake Murex Cir 3/2 listed for $495K, 4585 Bowen Bayou Rd 4/4 listed for $645K, 200 Robinwood Cir 3/3.5 listed for $1.268M.
3 closed sales: 1520 Centre St 2/2 $319K, 1941 Roseate Ln 3/2 $420K, 1066 Bailey Rd 3/3 $721K (short sale).
 
LOTS
No new listings.
1 price change: 4954 Joewood Dr now $399K.
1 new sale: 5439 Osprey Ct listed for $379K.
No closed sales.
 
Captiva
CONDOS
No new listings, price changes, or new sales.
1 closed sale: Bayside Villas #5134 1/2 $257K.
 
HOMES
1 new listing: 16249 Captiva Dr 3/3 $2.995M.
1 price change: 11525 Chapin Ln 4/4 now $1.449M.
No new or closed sales.
 
LOTS
Nothing to report.

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

 

Here’s to sunny weekend weather…on the islands & beyond…

Sanibel & Captiva Island Real Estate Happenings With a Chill in the Air


It was another fairly quiet week on Sanibel Island, but we got a sampling of fall/winter weather yesterday when the high was just 70 degrees. Then last night, it went down into the high 40’s. Today, it is clear and crisp. You can almost feel it through these photos that I took this afternoon from Island Beach Club on West Gulf Drive.

Golfing News

Son and Office Manager, Dave golfed with a pal at Shell Point last Sunday and got his first “hole in one“. We have been giving him the business about it all week.

On the island, rumor also has it that Beachview Golf Course will soon be opening under new ownership. If you like to stay up on what is going on at the Sanibel golf clubs, below are links and info. Our December 13, Realtor® Caravan meeting will be at The Sanctuary, so I will have a winter update on what is happening out there then.

Election on Sanibel

The island got national exposure – as did much of Florida – after the Tuesday election. Though Dave and Lisa voted quickly at their poll just off island, Elise had a longer wait in South Ft Myers. I vote at the Sanibel Community Church which usually is very efficient, but not so this time. The 4-page ballot and only one scanner made for a long line. In the morning, it took me 3-1/2 hours which thankfully was overcast much of the time, with only a couple of showers. The afternoon voters were not as lucky and were standing out in the hot sun for 4 to 6 hours. It was nearly midnight before many got through the line. Some, however, became discouraged and either left after standing in line too long or just didn’t vote. Several other local precincts had similar waits. Luckily when the Captiva poll closed, a 2nd scanner was moved to Sanibel, or those voters might still be line. Not a good reflection on Lee County.

Taste of the Islands

Sanibel weather is expected to be back into the low 80’s by Sunday just in time for the 31st Annual Taste of the Islands which is from 12:30 to 5 p.m. at the Community Park right across the street from SanibelSusan Realty. This year promises to be the best ever with an assortment of great food provided by 20-island restaurants in addition to classic rock music performed live by local bands! (I will have our front door open to enjoy the sounds and hopefully snag a few folks interested in real estate!) Proceeds help CROW’s (Clinic for Rehabilitation of Wildlife) mission to save wildlife.

Fresh Taqueria

Continuing with food news, there is a new tacos and tapas place on Sanibel that is a blend of Cuban, Spanish and Mexican cuisine. It opened about a week ago at 2411 Periwinkle Way, which was the original home of Cheeburger Cheeburger. According to local reports, the new Latin fusion restaurant has salads and soups, tacos and tapas, Cuban pressed sandwiches and enchiladas all on an a la carte menu with a variety of sides available. The restaurant seats 40 and is open for lunch Tuesday through Sunday from 11:30 a.m. to 2:30 p.m. and from 5 to 9 p.m. for dinner.

What to Ask When Shopping for Homeowners Insurance

It seems that when you tout yourself as a full-service Realtor®, you get quizzed on a variety of things related to homeownership. In response to some recent inquiries about how much and what kind of homeowners insurance may be needed, here is a helpful article that was published back on February 21 on Florida Realtors®:

“Six questions to ask when shopping for homeowner’s insurance – Homeowners should work with experts to determine the type of homeowner’s insurance they need and the amount of coverage. “Besides knowing the basics of what a standard homeowner’s insurance policy covers, consumers should ask a series of questions – and receive satisfactory answers to each of them – before buying a new policy or renewing an existing one,” says Michael Barry, vice president, media relations, Insurance Information Institute (I.I.I.). I.I.I. is a nonprofit, communications organization supported by the insurance industry.

“According to I.I.I., there are six basic questions everyone should ask before buying or renewing a homeowner’s insurance policy:

“1. How much would it cost to rebuild my home in its current location in the event of a total loss? Ideally, a homeowner’s insurance policy should cover the cost of building a new home from scratch. In general, homeowners’ policies cover partial or total damages caused by fire, hurricane, hail, lightning or any other disaster if it’s listed in the policy. Flood and earthquake-related losses must be insured separately because both perils are excluded in standard homeowners’ insurance policies.

“2. How much is my personal property worth in the event of a total loss? A homeowner’s insurance policy should cover the cost of replacing all personal property (furniture, appliances, clothing) should it be stolen or destroyed by fire, hurricane or another insured disaster. Most companies provide personal property coverage equal to about 50 to 70% of the amount of insurance on the home’s structure. (A $100,000 policy for the structure would have perhaps $50,000 to $70,000 worth of personal property coverage.) However, the best way to determine personal property coverage in a specific situation is to conduct a home inventory. I.I.I. provides online software to help homeowners catalog and value possessions (https://www.knowyourstuff.org/iii/login.html) as well as an iPhone app.

“3. How much liability protection do I need? Liability covers homeowners against lawsuits for bodily injury or property damage caused to other people, including damage caused by pets. The liability portion of a policy pays legal defense costs and any court awards – but only up to the limit set in the policy. It’s effective not just inside the home but also anywhere in the world. Liability limits generally start at about $100,000, and many insurance agents will recommend at least $300,000. Homeowners with significant assets may want more; others may want less.

“4. What level of additional living expense coverage do I need? The Additional Living Expenses (ALE) provision is found in standard homeowners insurance policies. It pays for the costs of living away from home if damage from an insured disaster makes the house uninhabitable. ALE covers hotel bills, meals and other expenses above customary living expenses. ALE coverage differs from company to company. Many policies provide coverage equal to about 20% of dwelling protection. For example, if the structure of your home is insured for $100,000, you would have $20,000 of ALE coverage. Some companies impose a time limitation, such as 12 to 24 months.

“5. Should I buy a separate flood and/or earthquake insurance policy? Flood coverage is available from the federal government’s National Flood Insurance Program (NFIP) and from a few private insurers. Earthquake coverage is usually available in the form of a supplemental policy.

“6. Do I qualify for any discounts? Homes with smoke detectors, burglar alarms or dead-bolt locks often get a premium rate discount. Sophisticated sprinkler systems and alarms that ring at monitoring stations often reduce homeowner’s insurance premiums too. Ask an agent. If you are at least 55 years old and retired, for instance, you may qualify for a discount of up to 10% at some companies. If you have completely modernized your plumbing or electrical system recently, a few companies may provide a price break.”

Sanibel’s City Council to Tackle Neglected Properties

An article posted on-line Wednesday at http://www.news-press.com discussed an item that becomes even more important when you are trying to sell a property.

“An increased number of complaints by citizens over a small number of abandoned and neglected properties have caught the attention of Sanibel’s City Council. Though City Manager Judith Zimomra said the number of abandoned and neglected properties is few, discussing the introduction of a city ordinance is a must. With an ordinance, the city can prevent other properties from becoming problems, and neglected and abandoned properties from becoming a nuisance. The council will hold discussion about whether it should introduce such an ordinance during today’s meeting. Zimomra added it would be a “mischaracterization” to believe that neglected properties are a widespread problem. “It’s truly preventative,” she said. “We don’t want to wait until something is in a crisis situation.”

“In a memo dated Wednesday, City Planner Scott Fulton presented the council with a package of information detailing proposed code changes. The current code allows for the city to address properties that are considered dangerous, but not neglected. For example, one of eight properties listed in the package — 5100 Sea Bell Road — is referred to as “dangerous.” The front staircase “became so dilapidated that it fell down,” according to the memo. The city has claimed it has been a problem for five years and has received a total of 10 complaints because of it.

“Another property listed in the memo is 1108 Sandcastle Road, a home for which Diane Chesley has written a letter to the city complaining about its condition. “I don’t want to be a pain, but this is a major investment in my life and I don’t someone else’s neglect to impact me,” Chesley said. “You don’t have to have a fancy home or yard, but you have to have a well-maintained yard. We’re not asking for anything fancy.” Chesley said she’s going to be among those who will be present at today’s meeting speaking in favor of the ordinance. Further, she said the ordinance would allow the city to address properties in a “fair manner to everybody.” “I think for the welfare of the residents of this island, we should all have a vested interest,” she added.

“…Other cities in Lee County have taken more drastic measures than Sanibel to address abandoned properties. Since March 2009, Cape Coral has required banks pay a $150 registration fee on foreclosed properties. Banks also register with the lot mowing and maintenance program; Through property management companies, they pay to have grasses mowed and properties kept up to code. But Sanibel doesn’t have the want or need to take such an aggressive approach. The city just wants to be able to address properties before they reach the “dangerous” category. “Sanibel’s properties are extremely well maintained,” said Zimomra, adding that the ordinance would simply address those few nuisance properties….”

Veterans Day Celebration on Sanibel

This 23rd annual ceremony also is the 94th anniversary of the end of World War I, the 30th anniversary of the Vietnam Veterans Memorial Wall, and the 65th anniversary of the United States Air Force. Honoring all veterans, Sanibel’s event will be held on Monday, November 12, around the flagpole on the grounds at Sanibel City Hall at 800 Dunlop Road. There will be patriotic music by the Sanibel Community Band and the program includes a short talk by our local friend and artist, Luc Century, about the technique he developed to etch the Wall and his work there. It begins at 10:30 a.m.

Realtor Caravan

Yesterday, Lisa and Dave held our new listing on Island Inn Road for Realtor Caravan. Below is the activity posted in our Sanibel and Captiva Islands Multiple Listing Service (MLS) over the past week.

Sanibel & Captiva Islands Multiple Listing Service Activity November 2-9

Sanibel
CONDOS
2 new listings: Lighthouse Point #125 2/2 $539,935; Seascape of Sanibel #302 3/3.5 $1.349M.
3 price changes: Sanibel Siesta #210 2/2 now $419K, Heron at The Sanctuary #1A 2/2.5 now $489K, Pointe Santo #E32 2/2 now $749K.
2 new sales:  Mariner Pointe #1092 2/2 listed for $389K, Sanibel Arms West #M7 2/2 listed for $399.9K (our listing & sale).
1 closed sale : Sanibel Arms West #K3 2/2 $357.5K (short sale).

HOMES
9 new listings: 1002 Greenwood Ct N 3/2.5 half-duplex $349K; 1941 Roseate Ln 3/2 $449,944; 3311 Twin Lakes Ln 3/2 $599K; 2630 West Gulf Dr 3/2 $624.9K; 2550 Wulfert Rd 4/3.5 half-duplex $748.5K; 1306 Par View Dr 3/3.5 $799K; 776 Conch Ct 3/2 $845K; 1777 Serenity Ln 5/4.5 $895K; 385 Old Trail Rd 5/2.5 $1.2M.
4 price changes: 1511 Angel Dr 2/2 now $649K, 5406 Osprey Ct 3/2 now $879K, 228 Violet Dr 3/2/2 now $1.349M, 829 Tulip Ln 5/4.5 now $2.445M.
2 new sales: 1610 Sabal Sands Rd 3/2 listed for $479.9K, 3705 West Gulf Dr 5/5/2 listed for $3.995M.
2 closed sales: 3002 Poinciana Cir 3/2 $330K, 1263 Par View Dr 5/2.5 $590K.

LOTS
No new listings, price changes, or new sales.
1 closed sale: 5044 Joewood Dr $450K.

Captiva
CONDOS
No new listings or price changes.
1 new sale: Marina Villas #603 2/2 listed for $520K.
No closed sales .

HOMES
No new listings or price changes.
2 new sales: 15891 Captiva Dr 5/4 listed for $2.795M, 16310 Captiva Dr 4/5.5 listed for $4.5M.
No closed sales.

LOTS
Nothing to report.

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