Just Another January Friday on Sunny Sanibel Island

Following up on grumblings last week about heavy traffic, there was a huge reprieve on Monday after holiday visitors left and Lee County Schools reopened. As teammates reminded, there usually is a 2+week window after New Year’s until traffic picks up with more snowbird returns. Then it should be busy again through February and March, or until Easter.

Weather-wise, as islanders watched much of the country experience snow and freezing cold, a cool front passed through Florida Sunday night. That resulted in us enjoying lower humidity and breezy sweater weather both Monday and Tuesday. The forecaster now says the muggy meter is amping up again with warm weather expected until the next cool front which is scheduled to arrive next week when it again may dip into the low 70’s during the day. That’s the best winter weather!

I took a quick spin down to the lighthouse this afternoon on my way back to the office. Christmas décor is gone and bay/gulf waters are looking good. Here are a few pix from 1:30 p.m. when my car said the temperature was 78 degrees F.

Real Estate Scoop

At SanibelSusan Realty, teammate Dave had a busy week accompanying home inspections both Monday and Tuesday, followed by a contractor visit to one of the properties today. With many year-end closings and our island inventory list updated, we all have been working on the database for our big annual mailout which we hope to send out later this month.

Meanwhile, we are working on closing activities for our five sales and beating the bushes looking for new listings. As of this afternoon, according to the Sanibel & Captiva Islands Multiple Listing Service, there are just 12 condos, 20 homes, and 19 lots for sale on Sanibel – even fewer on Captiva, just four condos and eight homes for sale.

At the state level, Florida Realtors® 2022 Mid-Winter Business Meetings in Orlando are coming up. Many of the meetings again this year are being offered via Zoom as well as in person. I will be attending the Resort and Second Home Think Tank later today, and next week will be at the Forms Content Committee Meeting and the Legal and Professional Standards Update.

On Sanibel, our annual Association of Realtors® lnstallation and Awards Breakfast is next Thursday at The Community House.

The action posted since last Friday in the islands MLS follows a couple of news items below.

Buyers Who Waited for Lower Prices May Regret It

Here’s an article posted at FloridaRealtors® on-line on Dec 20, 2021 and sourced to the South Florida Sun-Sentinel:

“Some buyers postponed searches, assuming prices would drop as they did in the last recession. But now homes they once considered are financially out of reach.

“FORT LAUDERDALE, Fla. – As South Florida home prices spiked during the pandemic, some people decided to put their home shopping on pause in the hopes that prices might drop, a decision they are coming to regret.

“Now, a year-and-a-half into record price growth and dwindling inventory, non-buyers are stuck in a precarious situation: they want to buy but are facing higher prices than they did when they first started searching, and they’re finding themselves at risk of being priced out of the South Florida real estate market…. Homes prices jumped, no slowdown in sight.

“Homes prices skyrocketed in South Florida during the pandemic, as intense demand from out of state buyers dovetailed with historically low inventory to create an intense seller’s market where buyers were often faced with paying over asking price and losing out in bidding wars.

“In a market where it’s common for buyers to lose out and face multiple bidding wars, it can cause home shoppers to get discouraged and more hesitant to buy, explained Brian Pearl, principal agent with the Pearl Antonacci Group in Boca Raton. “I’ve had buyers regret waiting more recently, given that the market hasn’t slowed down like they thought it would by now,” he added.

“He’s not the only Realtor to have clients face this issue. Jeff Creegan with Re/MAX Services in Boca Raton said about 30-40% of his clients in the last year end up trying to wait out the housing market. Many were wary of buying in the spring or even last summer as they watched prices skyrocket, only to see them rise even more as the year comes to a close. The overall sentiment, he said, is that they made a mistake in trying to wait out the market.

“Now, as they begin to look again, buyers say they are greeted with homes that are $100,000 more expensive. As a result, Creegan said, “They are looking in different markets, like in Southwest Florida or more affordable markets.”

“In February of 2021, the median sale price of a home in Miami Dade County was $450,000, a 21% increase from the year before, according to numbers from the Broward, Palm Beach and St. Lucie Realtors. For Broward County, the median sale price of a home was $433,000, a 12% increase from the year before. For Palm Beach County, the median sale price of a home was $450,000, a 24% increase from the year prior.

“Flash forward to October of 2021, when median sale prices rose 19% from the year before in Palm Beach County to $500,000 in October. For Broward County, the median sale price of a home was $489,000 in October, a 17.8% annual increase. In Miami Dade County, the numbers shot up 12.6% to $490,000 for October….

“The housing crash of 2007 is likely still fresh in a lot of potential buyers’ mind, noted Eli Beracha, director of the Hollo School of Real Estate at Florida International University, and is potentially one of the reasons that they are trying to wait out the housing market. Beracha also noted, however, that the forces fueling this housing market are different. “We had an excess of supply last time [in 2007]; we don’t have that this time. If you don’t have excess supply, it’s hard for the market to correct in a significant way.” In other words, he does not see a dramatic bust in our future.

“Out-of-state home shopper Dr. Ketang Modi, his wife and two daughters are making the move from New Jersey to Broward County and are looking for a home that is around 4,500 square feet with a minimum of four bedrooms. When they searched previously, they looked at homes in a community in Davie that were priced around $1.2 million, and now, four months later, prices are hitting $1.6 million, prompting him and his family to consider renting to wait out the market. “Everything is overpriced,” he lamented. “I’m not sure when there will be a correction or when prices will stabilize.””

Expected Market Drivers in 2022

Several real estate forecasters have published their 2-cents worth on what 2022 will bring to the business. Here are some favorites that likely apply to real estate on Sanibel & Captiva.

International Buyers – For years, Florida has been a favored destination for international buyers, mostly those from Canada and Europe. That trend came to an abrupt stop with COVID travel restrictions in early 2020. Now that borders are reopening, a surge of international buying is expected with more action expected than in the past two years. Florida is the top state for wealthy individuals and families who want to acquire residences outside their home country.

Listings from Baby Boomers – Demand for homes is expected to continue to outpace supply. Nationally, boomers (those 55 to 75) own 42% of homes. With many facing health issues, including mobility, which can impact their ability to live independently. This generation controls the single-family home inventory with a huge portion of these homes coming on the market in the next few years.

Affordability – Gen Z and millennials are posed to enter Florida’s housing market – provided they can afford it. In the past two years, real estate prices have risen dramatically with no sign of a downturn in 2022. Many prospective buyers – all ages – already are finding they are priced out of the island market.

Inflation – Inflation returned to the U.S. economy in 2021. From construction materials to home appliances and automobiles, supply chain shortages are pushing prices up for consumers. A global energy shortage is also increasing prices of gasoline, oil, and natural gas. While some economists expect these pressures to subside in 2022, changes in the Consumer Price Index (CPI) and the Federal Reserve actions that affect interest and mortgage rates also may affect real estate sales.

Sanibel & Captiva Islands Multiple Listing Service Activity December 31 – January 7, 2021



1 new listing: Pointe Santo #C26 2/2 $1.279M.

No price changes.

3 new sales: Breakers West #C2 2/2 listed at $749K, Sand Pointe #222 2/2 listed at $1.125M, Tarpon Beach #110 2/2 listed at $1.35M.

5 closed sales: Sundial #H410 1/1 $422.5K, Seashells #43 2/2 $588K, BlindPass #A202 2/2 $610K, Breakers West #C4 2/2 $692K, Sanibel Surfside #213 2/2 $875K.


9 new listings: 1948 Roseate Ln 2/2 $769K, 458 Lake Murex Cir 3/2 $925K, 1133 Sand Castle Rd 3/2 $945K, 1398 Jamaica Dr 2/2 $995K, 1251 Sand Castle Rd 4/3 $1.05M, 2695 Wulfert Rd 4/4/2 $1.895M, 500 Kinzie Island Ct 3/3 $2.295M, 5415 Osprey Ct 3/3 $2.495M, 4322 West Gulf Dr 4/3.5 $3.45M.

No price changes.

4 new sales: 1948 Roseate Ln 2/2 listed at $769K, 1305 Par View Dr 3/4 listed at $1.749M, 2695 Wulfert Rd 4/4/2 listed at $1.895M, 1146 Golden Olive Ct 5/4 listed at $2,999,999.

5 closed sales: 534 Piedmont Rd 3/2.5 $725K, 3840 West Gulf Dr 3/2.5 $1.596M, 1220 Morningside Pl 6/4 $1.8M, 1356 Eagle Run Dr 5/5.5 $2.145M, 927 Kings Crown Dr 3/3.5 $2.295M.


Nothing to report.



No new listings or price changes.

1 new sale: Beach Villas #2236 2/2 listed at $1.3M.

2 closed sales: Beach Villas #2626 1/1 $684K, Bayside Villas #4306 3/3 $935K.


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.

Below is our ad from today’s “Island Sun”.

Until next Friday, Susan Andrews, aka SanibelSusan

White Christmas Here = Beach Sand & Seashells

Susan here, reporting that Florida warm weather continued this week with daytime temperatures in the high 70’s to mid-80 degrees F. Island roadways have been getting busier by the day with early arrivals of holiday visitors.
Even after living almost 30 years on Sanibel, it still is a surprise when Christmas sneaks in with temperatures like this. It’s great!

At SanibelSusan Realty

Our phones were noticeably quieter this week, probably with many shopping and concentrating on upcoming celebrations.
The activity posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows a couple of other news items below.
Next Friday (Christmas Eve day), the SanibelSusan Team has the day off. Like on New Year’s Eve the following Friday, you still can expect to see an update posted on the week’s happenings. I won’t ever forget the year that I sold a house on Christmas Day, so even when we are not in the office, we are just a phone call or electronic message away, and always respond quickly. Technology is our friend.
This morning, I had a pre-closing walk-through and seller document signing at Superior Title, before the actual buyer walk-through on Sunday, and closing on Monday. Title companies are super busy in December with many sales to finalize before the end of the year. We always appreciate when some of the closing activities can be done before the actual closing day, especially with holidays fast approaching. That will be our last closing of 2021 and a nice one to report next week.

Singing Your Way Into Christmas

Always fun this time of the year to remember some familiar tunes that have been modified to fit our island paradise. Here are a couple of songs that the BIG ARTS Community performed in past years and still apropos now. Bet if you read the words, you start humming.
Sung to the tune of “Winter Wonderland”, words by Doug MacGregor:
Seagulls sing, are you list’nin’?
At the beach, surf is glist’nin’
A beautiful sight, a sunset tonight
Walking’ in a winter wonderland.
Stored away are the snow skis
Here we stay in our short sleeves
You sing a new song, “This is where I belong!
Livin’ in a winter wonderland.
In the yard, we can trim a palm tree,
Then pretend to shovel lots of snow
You’ll say “Do you miss it?”, I’ll say, “no ma’am”
“I feel younger by the minute don’t you know.
Later on, we’ll conspire
And grill some shrimp on the fire
The plans we have made include sun and some shade
Walkin’ in a winter wonderland.
This one with words modified by Mike Bugler is to the tune of ”Here Comes Santa Claus”:
We’re on Sanibel, we’re on Sanibel
We just got here by plane
Escaped the snow & bitter cold
Snowbird is my name
Seashell bringin’, ocean swimmin’
The sun is always real bright
So, let’s give a thought to our friends up north
Whilst we’re having fun tonight
We love Sanibel, we love Sanibel
Warmer down here than Maine
Deck chairs set out on the beach
More sunshine here than rain
Sip that cocktail, spray that suntan
All here just seems just so right
We’re not going north for another few months
So, let’s all have fun tonight

Realtors® Get Update on Water

Yesterday was the December membership breakfast meeting at the Sanibel & Captiva Islands Association of Realtors®. Chauncey Goss, former Sanibel City Councilor and son of Sanibel’s first mayor was the guest speaker. With a long career in public service, Chauncey currently is Chairman of the governing board of the South Florida Water Management District (SFWMD). Here are few highlights from his presentation:
SFWMD began in 1949 and expanded as a result of the Water Responsibilities Act of 1972. Today several projects are underway that are part of the solution to improving Florida’s water quality. The C-44 reservoir project which mostly affects the St. Lucie River and Florida’s east coast was just completed in November. The filling of that reservoir has just begun. This is the first major project to be completed in 21 years. (I can attest to that with our local and state Realtors® working hard during that time to keep water issues in the hearts and minds of FL property owners and their legislators. The fight must continue as water is a major ingredient in real estate here.)
Chauncey offered some distance references to put the expansive work of SFWMD in perspective. Would you believe the distance of the waterways they manage is like from going from here to Quebec. Over a million acres are under their management including some big marshes which are wonderful not only for the protection they provide, but for birdwatching!
C-43 is the west coast basin which more greatly affects what happens with water here. That project is expected to complete in May 2022. About 67% complete now, you can see it on the right on Rte 80 on way to LaBelle. The storage reservoir for that project is expected to be completed in Dec 2023 and will be ~3 miles by 6 miles (that’s like half the size of Sanibel).
The third project he highlighted is the FAA Reservoir Project which is in the Everglades Agricultural Area. This one also will have a storm water treatment area. Construction is expected to complete in Sep 2023.
Managing Florida’s water quality requires efforts from multi-agencies and multi-solutions. Chauncey urged attendees to remind their customers to stay attuned to water quality issues.

Islands To Receive $ for Beach Shoreline Projects

At their Dec 7 Lee County Board of County Commissioners meeting, funds were approved for local beach and shoreline projects including approximately $2.43 million for Sanibel/Captiva. The commissioners voted to approve interlocal agreements to fund 17 projects across Lee County using more than $4.5 million tourist development tax dollars. Among the agreements, Sanibel will receive $2,070,100 and the Captiva Erosion Control District (CEPD) will get $358,500.
On Sanibel, the City requested and received in full: $1,605,100 for facility beach maintenance, $225,000 for the Bowman’s Beach bridge replacement, $200,000 for changing room rehabilitation at Bowman’s Park, and $40,000 for beach erosion monitoring.
On Captiva, the CEPD requested and received $127,500 for beach park maintenance. It also requested $680,000 for Alison Hagerup parking lot upgrades but was approved for $231,000.
The county reported that beach and shoreline project funding accounts for 26.4% of the proceeds from the tourist development tax assessed on short-term lodging, such as hotels, resorts, and motels. For more info, visit www.leevcb.com/funding-programs/beach-and-shoreline.

New Restaurant Alert

I saw yesterday on Facebook that Bamboo Pan Asian Kitchen just opened. Located on Tarpon Bay Rd behind Tower Gallery, their message said “Come on in, today, Friday, Saturday 4pm to 8 p.m. We will update our hours after the opening 3 days!”.

Sanibel & Captiva Islands Multiple Listing Service Activity December 10‑17, 2021

1 new listing: Duggers Tropical Cottages #1 1/1 $475K.
No price changes.
2 new sales: Pointe Santo #A26 2/2 listed at $1.35M, Atrium #106 2/2 listed at $1.71M.
5 closed sales: Spanish Cay #F8 2/2 $479K, Blind Pass #C207 2/2.5 $625K, Coquina Beach #3E 2/2 $875K, Sanibel Arms West #E3 2/2 $915K, Junonia #101 3/2 $1.579M.
3 new listings: 3702 Coquina Dr 2/2 $899K, 1196 Sand Castle Rd 2/2 $899K, 2711 Wulfert Rd 4/4/2 $1.595M.
No price changes.
1 new sale: 1195 Sand Castle 3/2.5 listed at $1.225M.
7 closed sales: 5308 Ladyfinger Lake Rd 3/3 $779K, 328 Palm Lake Dr 3/2 $925K, 1187 Sand Castle Rd 3/3 $1.2M, 993 Sand Castle Rd 3/3 $1.4M, 924 Pecten Ct 4/4 $1.865M, 1511 Angel Dr 3/3 $1.996M, 4014 West Gulf Dr 4/4 $3.8M.
No new listings, price changes, or new sales.
1 closed sale: 5850 Sanibel-Captiva Rd $450K.
No new listings or price changes.
2 new sales: Bayside Villas #4306 3/3 listed at $850K, Bayside Villas #5341 3/3 listed at $969K.
3 closed sales: Tennis Villas #3217 1/1 $405K, Tennis Villas #3120 1/1 $470K, Bayside Villas #4220 1/2 $535K.
1 new listing: 11548 Wightman Ln 4/4.5 $7.5M.
No price changes.
1 new sale: 5 Sunset Captiva Ln 2/2.5 listed at $3.595M.
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.
Below is our ad from today’s “Island Sun”.
Until Christmas Eve day! Best wishes, Susan Andrews, aka SanibelSusan

Getting Ready for Thanksgiving on Sanibel Island

SanibelSusan here reporting that Sanibel and Captiva have had another week of wonderful fall weather. It is getting to be the time of year when we can readily tell the locals from the tourists, the latter being those out-&-about shirtless/tank-tops wearers, some also dressed in bathing suits and shorts. All of this, while we locals are happily in the long sleeves and pants that we haven’t worn since April.

As the joke goes, Florida at this time of the year has Winter in the morning (6 a.m.), Spring starts at 10 a.m. Summer is at 2 p.m., followed by Fall at around 4:30 p.m. Dress accordingly!

Sanibel & Captiva Real Estate Scoop

Below is some island news followed by the real estate action this week posted in the Sanibel & Captiva Islands Multiple Listing Service.

Real estate here continues to move more quickly than years past. There seem to be plenty of buyers, though many are shocked at what has recently happened to prices. Those planning to spend up to $800K are really discouraged. “When will it end?”, they want to know. Our crystal ball is not responding.

For your info, below is a summary inventory update based on the island MLS as of today (Nov 12):




Condos Homes Lots Condos Homes Lots
# Avg $ # Avg $ # Avg $ # Avg $ # Avg $ # Avg $
For sale 20 963,350 24 2,569,541 20 705,450 6 2,123,166 7 5,718,571 0 N/A
Under contract 26 825,336 35 1,739,142 7 455,125 6 914,666 7 4,062,571 0 N/A
Sold 2021 to 11/12 254 858,748 320 1,323,294 64 725,835 55 1,205,380 38 2,874,865 2 2,950,000
Sold 2020 192 733,876 290 954,718 23 606,233 47 821,713 27 2,923,148 4 2,537,500
Yr Most Sold 2005 232 758,507 260 1,028,584 68 496,726 45 863,642 31 2,309,758 0 N/A

There was no Realtor® Caravan Meeting yesterday because of the holiday, but next week Thursday Caravan follows our November Membership Meeting where Florida Realtors® Chief Economist, Dr. Brad O’Connor will give a market update.

Upcoming Events

SCCF 29th Annual Tennis Tournament – The Sanibel-Captiva Conservation Foundation annual tennis fundraiser Is this weekend, Nov 13 & 14 at Beachview Tennis Club. Spectators are welcome.

40th Taste of the Islands & CROW Crawl – The 40th Taste of the Islands kicked off on Nov 1. Like last year, the event runs all month with participating restaurants offering their “Taste” items to showcase their cuisine. A portion of proceeds from these designated food and beverage items will be donated to CROW. Restaurants also will compete for honors in different categories described in the Taste of the Islands Passports. Those passports may be purchased at all Edison National Bank locations (including Bank of the Islands), Bailey’s General Store locations, and Huxter’s Market & Deli. They also may be purchased online at www.TasteoftheIslands.org. (Limited-edition tee shirts also are available at Bank of the Islands. Tomorrow, Nov 13 from 11:30 a.m. to 3:30 p.m. is the CROW Crawl at 400 Rabbits, Island Cow, Love Boat Ice Cream (Sanibel), Paper Fig Kitchen, Thistle Lodge, and Traders.

73rd Season – Sunday Services at Chapel by the Sea – Sunday interdenominational worship services begin for their 73 season, on Nov 14 at Chapel by the Sea on Captiva. Held weekly at 11 a.m. through the end of April. They will have seating both inside and outside, plus the services will be videotaped and posted on http://www.CaptivaChapel.com.

Cruises to Historic Tarpon Lodge & Calusa Indian Mounds on Pine Island – Cruises to Tarpon Lodge and the Indian mounds on Pine Island are offered on select Wednesdays from November through April, beginning Nov 17 through Captiva Cruises. More info on www.CaptivaCruises.com.

37th Sanibel & Captiva Luminary Stroll – Dec 3 (Sanibel) & 4 (Captiva), both events are from 5:30 p.m. to 9 p.m. Once again, after a reprieve last year, traditional luminary nights return. There will be luminary candles, live entertainment, open houses at businesses, and more. Highlights include Sanibel’s live nativity scene and Captiva’s golf cart parade. For pre-Luminary fun on Sanibel, the Historical Village holiday exhibits will be open with free admission during their open house on Friday, Dec 3 from 3 to 5 p.m.

End of Hurricane Season

The end of the 2021 Hurricane Season for the Atlantic Basin (Atlantic Ocean, Caribbean Sea, and Gulf of Mexico) Is Nov 30. Hooray! This time often is when islanders empty their emergency hurricane boxes and donate their unused non-perishable food goods to F.I.S.H.

Fall into F.I.S.H.mas

This year, the local Association of Realtors® is collecting items for F.I.S.H. holiday gifts which will go to needy seniors, teens, and children. The event wraps up on Dec 1. In the meantime, the SanibelSusan Team is shopping. .

Sanibel & Captiva Islands Multiple Listing Service Activity November 5-12, 2021



7 new listings: Blind Pass #A202 2/2 $629K, Mariner Pointe #421 2/2.5 $769.9K, Blind Pass #E103 3/3 $775K, Sanibel Inn #3421 2/2 $899K, Sand Pointe #228 2/2 $1.095M, Sundial #L402 3/2 $1.379M, Gulfside Place #124 2/2 $1.4959M.

No price changes.

2 new sales: Sundial #C305 1/1listed at $549,945; Sanibel Arms West #J1 2/2 listed at $679K.

4 closed sales: Lighthouse Point #120 3/2 $600K, Sandalfoot #2D3 2/2 $793.5K, Heron at The Sanctuary III #2B 3/2.5 $849K, Lighthouse Point #325 2/2 $1.096M.


4 new listings: 1667 Atlanta Plaza Dr 2/1.5 $650K, 543 Boulder Dr 3/2 $1.265M, 4077 Coquina Dr 3/2 $1.299M, 719 Periwinkle Way 4/3 $1.895M.

1 price change: 2138 Egret Cir 3/2 half-duplex now $729K.

5 new sales: 719 Durion Ct 3/2 listed at $995K, 1245 Par View Dr 3/2.5 listed at $1.575M, 1220 Morningside Pl 6/4 listed at $2M, 856 Limpet Dr 4/2.5 listed at $2.358M, 699 Anchor Dr 4/4 listed at $2.395M.

2 closed sales: 837 Casa Ybel Rd 2/2 duplex $580K, 547 N. Yachtsman Dr 4/3 $1,419,999.


1 new listing: 1332 Eagle Run Dr $499K.

2 price changes: 845 Pyrula Ave now $515K, 3308 Saint Kilda Rd now $649K.

No new or closed sales.



3 new listings: Bayside Villas #5320 3/3 $950K, Marina Villas #706 2/2 $950K, Beach Homes #20 3/3 $4.349M.

No price changes or new sales.

3 closed sales: Bayside Villas #5204 1 /2 $440K, Tennis Villas #3210 1/1 $491K, Lands End Village #1649 2/2 $1.325M.


2 new listings: 30 Urchin Ct 3/2 $1.495M, 17201 Captiva Dr 5/4.5 $5.65M.

No price changes.

2 new sales: 11529 Andy Rosse Ln 4/4 listed at $2.55M, 14991 Binder Dr 4/4 listed at $5.795M.

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.

Below is our ad from today’s “Island Sun”.

Enjoy your weekend & don’t forget to get your bird early.

Susan Andrews, aka SanibelSusan

Time to “Fall Back” to Temperatures Under the 80’s

Today is one of those rare cloudy rain days on otherwise sunny Sanibel. Forecasters say that rain bands are bringing a cold front. I can attest to that, as my car showed a temperature drop from 83 degrees F to 73 degrees F in the few minutes that it took me to drive home from the office last night. Clearing is expected tomorrow with weekend temperatures to remain in the low 70’s and below. By early next week, it will be back to sunny and warmer.

At SanibelSusan Realty, it has been busy this week. After our Mariner Pointe condo listing was open for Realtor® Caravan last week, we got two offers, then yesterday, we had our new listing at Sealoft Village open for Caravan. The action since last Friday posted in the Sanibel & Captiva Multiple Listing Service follows a couple of news items below.

First, another good article by my favorite economist, Lawrence Yun. It came from the Fall 2021 “Realtor®” magazine. What he says is in-line with what I hear from clients across the country where renters now also are in multiple offer situations and bidding wars.

Serious Squeeze on Renters

“U.S. needs to put attention on rental, first-time buyer markets.

“Just as the for-sale market is starting to moderate, the rental market is heating up, which will put added pressure on people trying to save for their first home. Rental listings are attracting multiple offers, and apartment vacancy rates are approaching record lows. Consequently, rents are set to soar.

“The reason is twofold. First, the jobs market is improving. Despite a disappointing August employment report, 85% of the 21 million jobs slashed during the first month of the pandemic lockdown have been recovered. Job openings have reached an all-time high of 10 million, and those who might have been sleeping in the basement of their parents’ house are emerging in search of housing.

“The second reason for strong rental demand is that many potential first-time buyers are priced out. The median existing-home sales price was up 25% year-over-year in June, though this is partly because high-end sales are up. The S&P CoreLogic Case-Shiller Index, a constant quality home price index, was up 18% over the same period. The gain has been a boon for owners but is causing serious anxiety for nonowners. Even near-record-low interest rates can’t compensate. It’s no surprise, then, that the number of mortgage applications to buy a home has been falling, along with the share of sales to first-time home buyers.

“Mortgage rates may further squeeze renters next year. The Federal Reserve will soon slow the pace of buying mortgage-backed securities and will certainly raise its benchmark interest rate next year, which may drive rates up to near 4% by the end of 2022. One bit of good news: Fannie Mae will soon consider rental payment history in qualifying borrowers. That will enlarge the pool of eligible buyers. But to ensure that housing costs remain manageable, America needs more homes, both for ownership and for rent. New construction alone won’t fill the need. Rehabbing dilapidated homes and repurposing commercial buildings into residential units – is essential. There is a massive housing shortage. All hands must be on deck to get the supply up.”

Veterans Day – Fee-Free on Wildlife Drive

In observance of Veterans Day, “Ding” Darling will waive entrance fees to Wildlife Dr on Thursday, Nov 11. Motorists, cyclists, and pedestrians all enter free-of-charge that day from 7 a.m. to 5:30 p.m.

Check out the new entrance sign to “Ding” Darling too. It features those favored Roseate Spoonbills.

More Restaurant News

As a foodie, it’s always good to get the correct scoop on what’s happening on Sanibel. Here’s the article posted Nov 1 on “Gulfshore Business” by David Dorsey:

“Iconic Sanibel Restaurant, Matzaluna Closing, Rebranding Under New Ownership

“Two restaurant owners who are in different stages of their lives are connected as one expands and the other contracts their offerings on Sanibel Island. Matzaluna, an iconic restaurant on Sanibel Island, will be closing mid-November, ending a 27-year run.

“Local legendary restaurant owner Matt Asen is looking to downsize. And, a younger couple, Jeramie Campana and his wife, Debra Campana, transplanted from Chicago, is looking to boost its offerings of Sanibel restaurants.

”Asen, 69, has been feeding islands and tourists at the Timbers for 43 years. He also owns the Sanibel Grill and the Prawnbroker and the University Grill in Fort Myers. He opened Matzaluna at 1200 Periwinkle Way in 1994.

“Photographs of Asen with hundreds of celebrities adorn the walls at the Timbers. They range from presidents George W. and George H.W. Bush to basketball stars like Larry Bird and Reggie Miller to musicians, like Asen’s look-a-like, former Van Halen singer Sammy Hagar.

“Asen will continue co-owning the Matzaluna building and property with three business partners while leasing it for the new concept.

“Retaining restaurant workers, supply-chain issues and aging and health issues combined for Asen to take a step back.

“Jeramie Campana plans to open an Italian-themed restaurant in the space currently occupied by iconic Sanibel restaurant Matzaluna, which will close after 27 years in mid-November.

““We had 27 years which in dog years is like 249, and restaurant years, it’s like a million,” Asen says. “At 27 years at Matzaluna, it’s successful. We’re going to get out while we’re still making money. And enjoy life a little more. I don’t want to be the richest man in the cemetery.”

Asen had spinal fusion surgery seven months ago. He’s back to walking without a cane. But at age 69, and his three partners ages 69, 76, and 79, Asen said the time was right. “It’s sort of sad,” Asen says. “But it’s time to move on and enjoy more than I do, and I enjoy life very much.”

“Asen said he was happy to lease the building to the Campanas, who grew up visiting Sanibel Island with her parents, who owned a timeshare. In 2017, they sold their catering business in the northern suburbs of Chicago and moved to Sanibel.

“It sort of reminds me when we were younger and full of energy and great hopes,” Asen said.

“The Campanas opened their first Sanibel restaurant, the Paper Fig Kitchen, in 2018 at 2003 Periwinkle Way. Since then, they have added 400 Rabbits, a Mexican-themed restaurant that opened last New Year’s Eve at 975 Rabbit Rd.

“Over the weekend, the Campanas opened Fig East End, a deli and convenience store at 359 Periwinkle Way. It has been an abandoned deli, and it’s the only place near the lighthouse and the east end of the island for beachgoers to buy ice.

“The former East End Deli,” Jeramie Campana says, “it’s been closed for a number of years now. We are revamping it. We opened two days ago. We’re bringing some stuff back to the east end that’s desperately needed.”

“Up next: Bamboo, a Pan-Asian-themed restaurant that will be at the former Il Tesoro location at 751 Tarpon Bay Road. It will be the only Asian-themed restaurant on the island. After that, the Campanas can turn their attention to the reopening Matzaluna under a new name yet to be revealed

“It will stay Italian,” Campana says. “It will stay family friendly, it will be place where locals can come and hang out around the bar, meet new people, meet locals and meet tourists. It really is a great spot continuing on that Matzaluna tradition for great Italian food for the island.”

“Campana has plans to revamp and upgrade the pizza offerings there. He and a business partner traveled to Chicago and met with some Italian pizza gurus. “We learned the proper way to do wood-fired pizzas,” Campana says. “Eventually, we’re going to offer Chicago-style pizzas as well. We’re going to make our own dough.”

“There wasn’t much of a debate in changing the Matzaluna name, Campana said. “Change it,” he says. “We need to make it our own. We’re just taking advantage of those opportunities.”

(Note: I confirmed yesterday with Jeramie Campana that it will be called Tutti Pazzi Italian Kitchen, expected to open sometime in January.)

Sanibel & Captiva Islands Multiple Listing Service Activity October 29 – November 5, 2021



1 new listing: Sanibel Arms West #J1 2/2 $679K.

1 price change: Sanctuary Golf Villages I #5-2 3/3 now $950K.

7 new sales: Captains Walk #B4 2/2 listed at $489.9K, Seashells #43 2/2 listed at $585K, Blind Pass #C207 2/2.5 listed at $618K, Ibis at The Sanctuary #A201 2/2 listed at $625K, Mariner Pointe #1061 2/2 listed at $724K (our listing), Lighthouse Point #325 2/2 listed at $1.1M, Pointe Santo #B46 2/2 listed at $1.395M.

View from Mariner Pointe #1061

6 closed sales: Blind Pass #C110 2/2 $539K, Blind Pass #A206 2/2 $565K, Lighthouse Point #214 2/2 $786K, Sandpiper Beach #404 2/2 $929K, Sanibel Arms West #F6 2/2 $1.007M, Sand Pointe #111 2/2 $1.121M.


No new listings or price changes.

7 new sales: 696 Sea Oats Dr 3/2 listed at $868K, 4239 Gulf Pines Dr 3/2 listed at $949K, 700 Birdie View Pt 3/2 listed at $985K, 4619 Bowen bayou Rd 3/2 listed at $996K, 5418 Osprey Ct 4/3.5 listed at $1.399M, 966 Whelk Dr 3/2 listed at $1.399M, 927 Kings Crown Dr 3/3.5 listed at $2.295M.

4 closed sales: 535 Birdsong Pl 3/2 $660K, 647 Rabbit Rd 3/2 $701.5K, 1294 Sand Castle Rd 3/2 $1M, 941 Kings Crown Dr 4/3 $1.361M.


1 new listing: 1084 S. Yachtsman Dr $699K.

No price changes.

1 new sale: 4767 Tradewinds Dr listed at $2.295M.

No closed sales.



1 new listing: Lands End Village #1659 2/2 $1.395M.

No price changes.

1 new sale: Lands End Village #1663 2/2listed at $1.395M.

1 closed sale: Beach Homes #17 4/3 $3.45M.


1 new listing: 11529 Andy Rosse Ln 4/4 $2.55M.

No price changes.

1 new sale: 16280 Captive Dr 6/6 listed at $8.9M.

1 closed sale: 11559 Laika Ln 4/3.5 $6,324,500.


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.

Below is our ad from today’s “Island Sun”.

Don’t forget to “fall back” on Sunday!

Susan Andrews, aka SanibelSusan

Happy Halloween from The SanibelSusan Team

It is Susan with another island weather and real estate update. It might be Friday, but the team is looking forward to another busy weekend.

At SanibelSusan Realty

Here in the office, we have had plenty of action. Through a team effort, that has taken a couple of years to come to fruition, Dave, Lisa, and I put a waterfront home under contract last weekend. That sale was chugging along when mid-week, there was an interesting twist. During that contract right-to-inspect/ cancellation period, the buyer decided to go after a different home that became available and better suits their family.

Situations like that can be challenging as a contract release/cancellation form should be completed for property #1, before a buyer commits to property #2 – otherwise they could be liable to buy both properties. Wed night, we got that done, so their new purchase is shown in the summary of Multiple Listing Service action posted after a couple of other items below. Though thankful for every sale, it is a special treat to have another big one. Dave will accompany those inspections tomorrow morning. Fingers crossed that they go well.

We also received a new condo listing on Tuesday. This transaction also has an interesting twist. Here, the existing community owners have a right-of-first-refusal to purchase any units that become available. These condos are the nine single-family free-standing homes in Sealoft Village. This community really feels more like a homeowner association, but with amenities like a condo association. I announced the new listing and explained the details on the right-of-first-refusal during the Realtor® Caravan that followed our island Association of Realtors® annual meeting yesterday morning.

(On a side note, it was great to see Association of Realtors® meeting room nearing capacity again. It has been a lot of months since we had that many of our members together. Congratulations to the incoming officers and board of directors for 2022. Three Realtors®, Kelly Huguenin, Becky Mulka, and Connie Walters, were elected to 3-year BOD terms. Our Association is financially sound and super healthy – even after the woes of the pandemic. Hooray!)

Following the annual meeting, our listing at Mariner Pointe #1061 was the only property open for viewing during the morning Caravan. We received good feedback and interest from several Realtors® that visited. Several showings already have resulted.
Being busy is just how we like it – so please contact The SanibelSusan Team if we may assist you.

Island Weather

While much of the U.S. has experienced some unusual weather this week, Sanibel and Captiva Islands have also. Most of the week was a continuation of beautiful fall sunshine with daytime temperatures mid- to low-80’s, until yesterday when we were surprised to received phone and internet alerts about several Florida counties – including this one – having tornado watches until 5 p.m. Thankfully, we didn’t receive any, but the arriving cool front brought high winds and lower temperatures.

There were a few serious showers late yesterday as the band passed through. Now there are warnings that we may need both long pants and long sleeves over the weekend. High temperatures tomorrow through Monday are expected to be only in the 70’s, with nights in the 60’s. It could be perfect Halloween weather!

The Fig East-End Is Open

Sanibel east-enders were happy this morning when Paper Fig Kitchen opened their new location at the former site of East End Deli across the street from Lighthouse Cafe. It is called The Fig East-End and is offering “beach eats, market, & take-along”.

Sanibel & Captiva Islands Multiple Listing Service Activity October 22-29, 2021



3 new listings: Blind Pass #C207 2/2.5 $618K, Sealoft Village #109 2/2 $899K (our listing), Pointe Santo #B46 2/2 $1.395M.

1 price change: Donax Village #9 2/2 now $750K.

8 new sales: Spanish Cay #F4 2/2 listed at $575K, Ibis at The Sanctuary #B301 2/2 listed at $595K, Coquina Beach #3E 2/2 listed at $852K, Sanibel Surfside #213 2/2 listed at $899K, Pointe Santo #A21 2/2 listed at $1.15M, Sundial #R402 2/2 listed at $1.249M, Compass Point #133 3/2 listed at $1.595M, Pointe Santo #E37 3/2 listed at $1.699M.

5 closed sales: Blind Pass #C201 2/2 $565K, Blind Pass #A102 2/2 $602.5K, Seashells #16 2/2 $610K, Pointe Santo #D1 2/2 $815K, Nutmeg Village #109 2/2 $1.4M.


1 new listing: 966 Whelk Dr 3/2 $1.399M.

1 price change: 2138 Egret Cir 3/2 half-duplex now $749.9K.

5 new sales: 773 Cardium St 2/2 listed at $685K, 1278 Sand Castle Rd 4/3 listed at $1.65M, 5633 Baltusrol Ct 4/4.5 listed at $2.1M, 737 Periwinkle way 3/3 listed at $2.1M, 2379 Wulfert Rd 4/4.5 listed at $2.495M (our buyer).

4 closed sales: 1025 S. Yachtsman Dr 3/2 $800K, 554 East Rocks Dr 3/2 $975K, 5880 Sanibel-Captiva Rd 3/2 $1.31M, 1761 Venus Dr 4/3.5 $1.849M.


No new listings.

1 price change: 4767 Tradewinds Dr now $2.295M.

1 new sale: 5850 Sanibel-Captiva Rd listed at $499K.

No closed sales.



No new listings or price changes.

3 new sales: Tennis Villas #3217 1/1 listed at $450K, Bayside Villas #4220 1/2 listed at $535K, Gulf Beach Villas #2122.

No closed sales.


No new listings.

1 price change: 15867 Captiva Dr 7/6 now $10.75M.

No 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 transactions.

Below is our ad from today’s “Island Sun”.

Happy Halloween! Susan Andrews, aka SanibelSusan

More Delightful Island Weather & White Pelicans Return

SanibelSusan reporting another week of delightful island weather with plenty of blue skies and sunshine. No rain, though there is a chance of a couple of quick showers over the weekend. A few vacationers have complained that the shelling is not so great, but without storms stirring things up in the gulf, finding special shells is more challenging. It cannot always be both ways – great weather and great shelling. Here are a few photos taken this week bayside.

On the real estate front, there were a few more island listings and sales this week. The article below posted yesterday by FloridaRealtors® describes how the market is doing state-wide. Island activity is much the same.

Year-to-date, there have been 680 sales on Sanibel, 102 on Captiva. That compares to just 73 Sanibel properties for sale (all property types) and 11 available on Captiva. It is going to take a very long time for supply to meet demand.

After the news items below are the details on the residential activity posted since last Friday in the Sanibel & Captiva Multiple Listing Service.

Florida’s Housing Market Shows Rising Prices, More All-Cash Sales

Below are excerpts from an article posted on-line October 21, 2021) on FloridaRealtors®:

“Florida’s housing market reported higher median prices, a rise in all-cash sales and constrained inventory levels in September compared to a year ago, according to Florida Realtors® latest housing data….

“The statewide median sales price for single-family existing homes in September was… up 18.3% from the previous year, according to data from Florida Realtors Research Department in partnership with local Realtor boards/associations. Last month’s statewide median price for condo-townhouse units was… up 17.2% over September 2020….

“Florida Realtors Chief Economist Dr. Brad O’Connor said, “However, a year ago in September, we were in the midst of a huge surge in sales resulting, in part, from the pandemic shifting transactions that would otherwise have occurred during spring, into the late summer and fall. If we instead compare this September’s sales counts to those two years ago from September 2019, closed sales of single-family homes were up by over 20%, and closed sales of condos and townhouses were up by 31.5%. And so, relative to pre-pandemic levels, the Florida resale housing market is still performing exceptionally.”

In a continuing trend, the share of closed sales that were all-cash purchases rose last month compared to the previous year. In September, single-family existing home sales paid in all cash increased by 38.5% year-over-year, while all-cash sales of condo-townhouse units rose by 22.9%.

“On the supply side of the market, new listings and inventory (active listings) remained restricted last month, O’Connor said. “New listings of single-family homes only increased by 2.2% year-over-year in September, the lowest increase since February 2021,” he noted. “New listings of condos and townhomes, meanwhile, declined on a year-over-year basis for the first time since January, down by 7.3%. This slowdown in new listings relative to the pace of sales has resulted in our levels of inventory stalling out. While it’s good news that inventory isn’t falling again, that scenario isn’t entirely out of the cards in the coming months. In the longer run, the only way this shortage can be addressed is by building more new homes.”

“Single-family existing homes continued at a very low 1.3-months’ supply in September, while condo-townhouse inventory was at a 1.7-months’ supply.

“According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 2.90% in September 2021, a slight uptick from the 2.89% averaged during the same month a year earlier.”

Sanibel & Captiva Islands Commercial Real Estate

If you are wondering about commercial offerings (that sometimes comes up when we report just residential, which covers homes, condos, and lots), today there are only four commercial properties for sale on Sanibel according to the local MLS. A couple came on the market this week. There are none for sale on Captiva.

  • Tipsy Turtle, real estate & business at 1223 Periwinkle Way – $6,500,000
  • Fish House, real estate & business at 1523 Periwinkle Way – $4,950,000
  • Office building condo, real estate at 1149 Periwinkle Way, #2 – $969,000
  • Office building condo, real estate at1025 Periwinkle Way, #1 – $799,000.

White Pelicans

The J.N. “Ding” Darling National Wildlife Refuge posted this message yesterday, October 21, 2021:

SCCF photo

“NATURE NEWS by sightings volunteer Ed Combs: American White Pelicans will return soon — perhaps some time this coming week. Look for them flying very high in large migrating flocks or feeding and resting along Wildlife Drive. They are very large birds, weighing 16 pounds as compared with our year-round Brown Pelican’s 8 pounds. With a wingspread of approximately nine feet, they, along with the California Condor, are the largest North American birds. Thanks to Bob Pelkey for our in-flight photo. Be on the lookout!”

In seeing that message, I immediately thought of friend Cheri Hollis, who posted a Facebook photo two days earlier on Tuesday, October 19. Her post said: “They’re backkkkkk…. At exactly 4:00 pm today, snowbird season officially started in SWFL. Huge flocks of migrating white pelicans were circling overhead, caught a thermal and headed off due east.”

Here is her photo. Thanks for sharing, Cheri.

Cheri Hollis photo 10-19-2021

COVID-19 Improvement

Good news today when Lee Health reported fewer than 50 cases in their hospitals. That is a big change from their peak of 690 on August 25. Here is hoping the trend continues. Stay safe!

Sanibel 2022 Beach Parking Permits

Beach parking permits for Sanibel residents and property owners go on sale Monday, October 25 at the Sanibel Recreation Center, 3880 Sanibel-Captiva Rd, which is open: Monday, Wednesday, Friday 8:00 a.m. to 5:00 p.m.; Tuesday and Thursday 8:00 a.m.to 7:00 p.m.; Saturday 8:00 a.m. to 1:00 p.m.

The vehicle registration or lease agreement for each vehicle to be permitted must be presented. Acceptable proof of residency or property ownership are:
Driver’s License with Sanibel address
Valid government-issued photo ID with Sanibel address
Lee County voter registration card with Sanibel address
Tax Bill with Homestead Exemption for Sanibel property, the applicant owns
Tax Bill with property ownership on Sanibel
Notarized Declaration of Domicile listing Sanibel residence

To save time, it is suggested coming with completed application. Those are on-line at www.MySanibel.com.

Sanibel & Captiva Islands Multiple Listing Service Activity October 15-22, 2021



2 new listings: Coquina Beach #3E 2/2 $852K, Nutmeg Village #308 2/2 $1.2999M.

2 price changes: Sanibel Surfside #213 2/2 now $899K, Gulfside Place #117 2/2 now $1.82M.

4 new sales: Spanish Cay #F8 2/2listed at $479K, Mariner Pointe #141 2/2 listed at $695K, Heron at The Sanctuary III #2B 3/2.5 listed at $849K, Sand Pointe #111 2/2 listed at $1.099M.

1 closed sale: Sundial #C308 1/1 $575K.


4 new listings: 773 Cardium St 2/2 $685K, 5307 Ladyfinger Lake Rd 3/3 $865K, 1666 Middle Gulf Dr 3/2 $1.2M, 1347 Jamaica Dr 2/2 $1.498M

No price changes.

7 new sales: 647 Rabbit Rd 3/2 listed at $699K, 1437 Causey Ct 3/2.5 listed at $1.395M, 3840 West Gulf Dr 3/2.5 listed at $1.595M, 924 Pecten Ct 4/4 $1.795M, 1511 Angel Dr 3/3 listed at $1.995M, 1114 Harbour Cottage Ct 3/2 listed at $1.999M, 1665 Sabal Palm Dr 3/2 listed at $2.25M.

4 closed sales: 9214 Kincaid Ct 2/2 $695K, 1886 Farm Trl 3/3 $880K, 939 Beach Rd 3/2.5 $1.45M, 544 Lighthouse Way 4/5.5 $3.8M.


No new listings or price changes.

1 new sale: 0 Bowmans Beach Rd listed at $145K.

No closed sales.



No new listings, price changes, or new sales.

3 closed sales: Lands End Village #1633 2/2 $1.534M, Captiva Shores #8A 3/2.5 $1.795M, Captiva Bay Villas #E 3/3.5 $3.55M.


No new listings.

1 price change: 14991 Binder Dr 4/4 now $5.795M.

No 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 transactions.

Below is our ad from the “Island Sun” today.

Until next Friday, Susan Andrews, aka SanibelSusan

HOT HOT Real Estate & Other Island Scoop

SanibelSusan reporting another nice week for The SanibelSusan Team with terrific weather too – bright blue skies, no rain (saving that for this weekend), and lower temperatures. Fall weather in Florida certainly differs from that in my home state of Maine, but is especially nice, particularly this week.

Here in the office, our gulf-front listing at Sanibel Arms closed Tuesday, we completed some action items with other closings, and another big bulk postcard mailing went out advertising our new Lindgren Blvd canal-front listing.

Though there was no island Association of Realtors® Caravan meeting this week, this morning I attended a Brokers’ Roundtable where Association Officers and Board Members received input from local company leaders on two issues: “Coming Soon” listings and recent delays in Sanibel’s permitting process and Planning Department.

After a couple of news items below, are the details on the action posted since last Friday in the Sanibel & Captiva Multiple Listing Service.

First a summary of the island residential inventory today (also from the Sanibel/Captiva MLS). Note that sales this year are in record numbers. It is the first time in my 30 years here that more properties have sold in nine months than in any other year (counting all 12 months). The first table shows both islands, followed by the individual island details. Included are units for sale today, those under contract, those sold/closed through today, total sales in all of 2020, total sales in all of 2005 (the most recent high sales year).  Note: Residential properties include condos, homes (single-family & half-duplex), and vacant lots.




All residential properties
# Avg $
For sale 82 1,939,593
Under contract 59 1,460,247
Sold 2021 to 10/8 679 1,160,251
Sold 2020 578 959,903
Year Most Sold 2005 636 923,976





Condos Homes Lots Condos Homes Lots
# Avg $ # Avg $ # Avg $ # Avg $ # Avg $ # Avg $
For sale 25 917,565 25 2,518,139 21 704,238 3 1,496,666 8 6,734,375 0 N/A
Under contract 13 751,100 30 1,592,948 5 476,376 7 1,846,571 4 3,323,499 0 N/A
Sold 2021 to 10/8 238 862,475 295 1,327,359 62 734,346 48 1,118,977 34 2,524,434 2 2,950,000
Sold 2020 192 733,876 290 954,718 23 606,233 47 821,713 27 2,923,148 4 2,537,500
Yr Most Sold 2005 232 758,507 260 1,028,584 68 496,726 45 863,642 31 2,309,758 0 N/A

South Seas Island Resort Sells for $50.38 Million

South Seas Island Resort on the northern tip of Captiva Island recently sold for $50.38 million. The Timbers Company, Wheelock Street Capital and the Ronto Group teamed together to purchase the property from BRE/South Seas Resort Owner LLC, which is part of Blackstone investment management company. Blackstone had purchased the resort in 2006 for $23.4 million.

The 330-acre South Seas resort takes up about a third of the northern tip of Captiva. With over 430 units ranging from hotel guestrooms and suites, to condos, homes and cottages, there are ~20 swimming pools, a pool complex, beachfront golf, tennis, a full-service spa, and restaurants.

The new owner efforts begin with property spruce-ups including painting and landscaping. Over the next six months, the workforce that has been living on the property will be relocated to off-island housing. The new owners are expected to eventually tear down and redevelop the existing workforce housing. Resort workforce also is projected to grow by about 20% from the current number of about 220 employees.

Southwest Florida International Airport (RSW) Terminal Expansion Project Begins

A recent news release from Lee County Port Authority announced that the Lee County Board of Port Commissioners authorized the construction and total budget for the Terminal Expansion Project at RSW. The $331-million project focuses on improving the airport’s efficiency by consolidating and streamlining security checkpoints, adding concession space, and providing passengers more amenities and options.

The project begins this month and construction is planned for three years. This expansion is the second largest public works project in Lee County history, only surpassed by the airport Midfield Terminal Complex construction completed in 2005.

Plans for the project include consolidating the Transportation Security Administration checkpoints into a new 16-lane configuration and providing additional seating, concession spaces and a business lounge. In total, more than 164,000 sq. ft. of space will be remodeled, and 117,000 sq. ft. of new walkways and concession space added.

RSW is an award-winning medium-hub airport that served nearly 6 million passengers in 2020 and had record-breaking traffic this summer. For more info, visit httP://www.flyclcpa.com/RSWTerminalExpansion.

Lee County COVID-19 Update

Posted on-line today: “A statement from Lee Health President & CEO Dr. Larry Antonucci on current COVID-19 trends: “For the first time since July 16, Lee Health is treating fewer than 100 COVID-19 patients in our hospitals, down from a peak of 690 on August 25. The previous peak was 372 in July of 2020….”

Protect Yourself from Wire Fraud

Florida Realtor® October magazine had some advice about protecting yourself from wire fraud. As it mentions, “Criminals comb through sites looking for pending property sales. Once identified they will find contact information for the parties involved in the transaction. It is easy to do through public websites and online searches. Then, they hack into an agent or title company email system, monitor communications, and when the time is right, send a fraudulent email that looks like it’s from a trusted advisor. That email will offer falsified wire transfer instructions to steal mortgage payoff funds, a down payment or closing costs.

“How Can You Avoid Being a Victim?

“1. Be Skeptical – Beware of any changes in wiring instructions like those that have you wire money to a company that is not the same name as the title company you’re using.

“2. Ask for Phone Calls – Ask for all wire transfer instructions to be delivered to you via phone with the number listed on the title company’s website. If you receive an email that details changes in the wire transfer instructions and that email contains a phone number, don’t call it.

“3. Verify All Communications – Call the title company immediately after you send any funds via wire transfer to verify it right away. This check-in will give you the confirmation that you sent the funds to the appropriate account and the confidence and peace of mind that the transaction wasn’t real estate fraud.

“4. Confirm the Details – Ask your bank to confirm the account number as well as the name listed on the account before sending a wire transfer.

5. Lean to Spot a Fraudulent Email – There are telltale signs that an email is a fraud. Look for misspellings, poor grammar and mistakes in the content. Many times, the property address is spelled incorrectly, dollar figures are missing dollar signs, and the return email address doesn’t match, or the company name is spelled incorrectly.

“If you are a victim of a wire fraud crime in Florida, call the Attorney General’s Fraud Hotline at (866) 966-7226. You also should file a complaint with the FBI. FBI Field Office locations are listed at fbi.gov/contact-us/field-offices.”

Seller Property Disclosure

Good reminder in the October 2021 issue of “Florida Realtor®” magazine under the column “Advice from the Florida Realtors® Legal Hotline:

“Question: I represent an investor who is selling a home. He tells me that since he’s never lived in the property, he isn’t required to provide the buyer with a seller property disclosure statement. Is this true?

“Yes and no. A seller isn’t required to fill out a seller’s disclosure statement regardless of whether the seller occupied the property or not. However, pursuant to the Florida Supreme Court case Johnson vs. Davis, a seller is required to disclose know facts that materially affect the value of the property that are not known and readily observable to the buyer. That disclosure requirement exists whether the seller occupied the property or not.”

Sanibel & Captiva Islands Multiple Listing Service Activity October 1-8, 2021



6 new listings: Spanish Cay #F8 2/2 $479K, Villa Sanibel #1D 2/2 $799K, Oceans Reach #4C1 2/2 $899K, Nutmeg Village #109 2/2 $1.299M, Tarpon Beach #110 2/2 $1.4999M, Pointe Santo #E37 3/3 $1.699M.

No price changes.

2 new sales: Sundial #D304 1/1 listed at $579K, Sandpiper Beach #404 2/2 $929K.

4 closed sales: Captains Walk #B5 2/1 $390K, Beach Road Villas #101 2/2 $515K, Sanibel Arms #F3 1/1 $605K (our listing), Gulf Beach #207 2/2 $1.085M.


2 new listings: 696 Sea Oats Dr 3/2 $868K, 4239 Gulf Pines Dr 3/2 $949K.

No price changes.

5 new sales: 2539 Coconut Dr 2/2 $1.1M, 4221 Old banyan Way 3/2 $1.279M, 941 Kings Crown Dr 4/3 $1.35M, 5880 Sanibel-Captiva Rd 3/2 $1.35M, 547 N. Yachtsman Dr 4/3 $1.399M.

5 closed sales: 754 Donax St 4/2 duplex $599K, 4760 Rue Helene 3/2 $1.35M, 528 Kinzie Island Ct 4/4 $1.88M, 5379 Shearwater Dr 4/3 $2.1M, 4601 Rue Belle Mer 3/2 $3.5M.


1 new listing: 4767 Tradewinds Dr $2.395M.

1 price change: 845 Pyrula Ave now $500K.

1 new sale: Rue Bayou, lot 17 listed at $699K.

1 closed sale: 5398 Osprey Ct $280K.



No new listings or price changes.

1 new sale: Beach Villas #2626 1/1 listed at $684K.

No closed sales.


No new listings.

1 price change: 15261 Captiva Dr 4/4.5 now $10.995M.

No 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 transactions.

Below is our ad from today’s “Island Sun”.

Until next Friday, Susan Andrews, aka SanibelSusan

Fall Brings Farmers Market, Cooler Weather, & Real Estate Action With Vacation Homes HOT

Susan here, reporting another week of nice sunny island weather with lower humidity and little rain. On my street, the first snowbirds have returned, a predictor of what usually occurs in October as weather starts to turn up north too.

Teammate Dave who wears many hats including handling our off-island listings and sales, had a nice Estero listing close on Monday. We also received a new Sanibel listing Thursday. It’s a unique one – the last vacant near-beach canal-front lot in Shell Harbor. With long water view down the widest east-end canal toward sunrises, our professional photographer just filmed it, including aerial pictures.(View picture below.)

Last night, I attended the City Council meeting where the candidate who will be offered the City Manager position was selected to replace long-time Manager Judie Zimomra who retired this week. It always is inspiring to personally hear the results of the hard work done by these caring elected volunteers. They are a fine example of how islanders live in harmony, with smart citizens making thoughtful unanimous decisions to benefit all. Islanders are very lucky in so many ways.

Sanibel Farmers Market Begins Again

Going into its 14th season, Sanibel Farmers Market reopens this Sunday, October 3 and runs every Sunday through May 29 from 8 a.m. to 1 p.m., offering goodies from fresh fruit and vegetables, honey and cut flowers, to meats, seafood, prepared meals, cupcakes, bagels, fresh guacamole, native plants, and more.

New Sanibel vendors this year include Mangia Meatballs, Pickles & Olive Garden, Sage & Indigo Juices, Key Lime Pies, Simply Savory Dips, Ackermann Syrups, Courageous Seeds with kava chai, herbal teas, honey elixirs and cedar burning bundles, and Karina’s Kitchen with German food, plus Divine Tea for the month of October.

Local Roots, founded in 2008 by islanders Jean Baer and Betsy Ventura, started on Sanibel and is the owner of the ten most well-known farmers markets in Southwest Florida. It began here at Tahitian Gardens when it was open for just five weeks and with just 15 vendors. Now on the grounds of City Hall, it has about 50 vendors with parking nearby, at the Library, and at BIG ARTS. More info at http://BuyLocalLee.com

Other Openings/Re-openings

Now that October has rolled around, restaurants that took short breaks in September have reopened and ready for “season”. Exceptions are Traders 2 (T2) and Traders. They respectively re-open October 5 and 6.

The Fig East End – mid-October watch for the grand opening of The Fig East End in the former location of the East End Deli, across the street from Lighthouse Café. Owned by The Paper Fig (in Tahitian Gardens) and 400 Rabbits (on Rabbit Rd) folks, The Fig East End will offer “beach eats, market, and take along.” East-enders look forward to their opening.

Permitted Schedule for Irrigation

With the rainy season wrapping up, Island Water in their recent fall newsletter “IWA Pipeline” posted a reminder of the irrigation days/times allowed on the islands. On the allowed days, irrigation is permitted from 12 a.m. – 9 a.m. and/or 5 p.m. – 12 a.m. No watering is allowed any day between 9 a.m. and 5 p.m. The days permitted are:

  • Sanibel: Addresses ending in even number: Tuesdays & Fridays.
  • Sanibel: Addresses ending in odd number: Mondays & Thursdays.
  • Captiva: Addresses ending in even number: Thursdays & Sundays.
  • Captiva: Addresses ending in odd number: Wednesdays & Saturdays.

Please check your sprinkling system and help conserve water.

Vacation Homes Will Defy Any Market Slowdown

Posted Monday Sep 28 on FloridaRealtors® on-line: “While overall home sales show signs of cooling as prices rise and buyers step back, NAR Economist Yun doesn’t see that reflected in sales of vacation homes.

“CHICAGO – The vacation-home market has boomed over the past year and is not likely to slow any time soon, even as the rest of the housing market starts to cool, says Lawrence Yun, chief economist for the National Association of Realtors® (NAR), in an interview for The Escape Home, a newsletter for second-home owners.

“Even as companies bring employees back to the office, vacation homes will remain in demand, Yun said, though part of vacation homes’ rise in popularity has been attributed to the growth in remote work.

“Overall, home sales show some signs of cooling, with many first-time homebuyers getting priced out of the market, Yun says. The median existing-home price for all housing types was $359,900 in July, nearly an 18% increase from a year ago. Mortgage rates are also likely to increase, which could make buying even more expensive. NAR predicts that mortgage rates will rise to 3.5% by mid-2022, as the Federal Reserve likely begins to reduce its bond purchases before the end of 2021.

But vacation homes will remain a hot commodity. Rental prices for vacation homes will likely continue to rise too, Yun says. “One near-certain aspect of the post-pandemic economy, when it comes, is the flexible work schedule,” Yun told The Escape Home. “It is very hard to envision five days a week in the office. Therefore, vacation-home sales will continue to move higher this year, next year and for the foreseeable future.””

Sanibel & Captiva Islands Association of Realtors® September Membership Meeting

NFIP Risk Rating 2.0 Affecting Flood Insurance – Yesterday, at the Association’s September membership meeting, affiliate business members David Arter with Private Client Insurance Services and Chris Heidrick with Heidrick & Company spoke about the NFIP (National Flood Insurance Program) changes that become effective today with the introduction of their new Risk Rating 2.0 system. Government reauthorization yesterday, means that NFIP is funded until December 3.

The new Risk Rating 2.0 methodology was created so FEMA could deliver flood insurance rates that are actuarially sound, more equitable, easier to understand, and better reflect a property flood risk. As the speakers described this new rating process, under it, each structure is rated individually, rather than having those side-by-side structures in a particular flood zone having the same rating/cost.

With Risk Rating 2.0, flood maps are not a major factor used for rating. Elevation certificates are no longer required because base flood elevation also is no longer a factor. Grandfathering goes away. Policies are easier to assume. The bad news is that premiums for Sanibel/Captiva properties will be significantly higher. Limits on premium increases, however, require that most rates not increase more than 18% per year.

New policies beginning today (October 1, 2021) will be subject to the new rating methodology. Also beginning today, existing policy holders eligible for renewal will be able to take advantage of immediate decreases in their premiums. All remaining policies renewing on or after April 1, 2022 will be subject to the new rating methodology.

As background, since the flood insurance program began, rates have largely been based on a property elevation within a flood map. Those flood maps have changed through the years. Under the new rating system consideration is taken into what it costs to rebuild a particular structure, more equitably premium costs now will be based on a home value and its unique flood risk.

In general terms, on Sanibel, pre-FIRM (Flood Insurance Rate Map) properties are those constructed before 1980. On Captiva, it is those built before 1985. The speakers recommended that with new listings, Realtors® get the Flood Declaration Page if that seller has flood insurance. With pre-FIRM properties, occupancy no longer matters, but premiums likely will be in the $4K-$5K range. They recommended continuing to ask for Elevation Certificates too, though the info those provide will only be helpful in rating piling homes.

Caravan Listing Announcements – Interestingly during the Caravan portion of the meeting, no new listings were open for viewing. I was happy to announce our two new listings and gladly thanked the agents who recently put two of our listings under contract.

All the action posted since last Friday in the island MLS is below.

Sanibel & Captiva Islands Multiple Listing Service Activity September 24 – October 1, 2021



1 new listing: Sandpiper Beach #404 2/2 $929K.

1 price change: Sundial #D304 1/1 now $579K.

1 new sale: Junonia #101 listed at $1.579M.

5 closed sales: Sanibel Inn #3532 2/2 $750K, Pointe Santo #B33 2/2 $841K, Oceans Reach #3A1 2/2 $870K, Tantara #102 2/2 $1.039M, Island Beach Club #330E 2/2 $1.225M.


5 new listings: 4221 Old Banyan Way 3/2 $1.279M, 941 Kings Crown Dr 4/3 $1.35M, 1437 Causey Ct 3/2.5 $1.395M, 1585 Sand Castle Rd 3/2.5 $1.5M, 2379 Wulfert Rd 4/4.5 2.495M.

3 price changes: 1294 Sand Castle Rd 3/2 now $975K, 930 Kings Crown Dr 3/2 now $1.795M, 1349 Bay Dr 4/4 now $6.395M.

4 new sales: 328 Palm Lake Dr 3/2 listed at $899K, 1434 Sand Castle Rd 3/2 listed at $899K, 1294 Sand Castle Rd 3/2 listed at $949K, 4601 Rue Belle Mer 3/2 listed at $3.65M.

6 closed sales: 5802 Sanibel-Captiva Rd 3/3.5 $981K, 3010 West Gulf Dr 3/2 $1.25M, 9464 Calla Ct 3/2.5 $1.45M, 5747 Pine Tree Dr 3/3 $1.475M, 509 Lagoon Dr 3/2 $1.65M, 518 N. Yachtsman Dr 3/3 $2.795M.


1 new listing: 860 Lindgren Blvd $1.2M (our listing).

860 Lindgren Blvd & Shell Harbor  beach access with parking

1 price change: 0 Rue Bayou now $699K.

No new or closed sales.



1 new listing: Beach Villas #2626 1/1 $684K.

No price changes, new or closed sales.


No new listings or price changes.

2 new sales: 14865 Captiva Dr 4/4 listed at $1.699M, 11559 Laika Ln 4/3.5 listed at $6.9M.

1 closed sale: 10 Sunset Captiva Ln 2/2.5 $1.395M.


Nothing to report.

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

Until next Friday, be well, safe, & enjoy your fall!

Susan Andrews aka SanibelSusan

First Days of Fall 2021 on Sunny Sanibel

Susan here reporting another busy real estate week at SanibelSusan Realty with a home inspection last Saturday, a new listing, two new sales, and follow-up action items completed on other sales scheduled to close soon.

With inventory still soooo low, it remains challenging to find properties that match buyers wants/needs. That means new well-priced listings sell fast. We continue to sleuth out new ones as our list of potential buyers gets longer and longer.

The Sanibel & Captiva Islands Association of Realtors® had no Caravan Meeting yesterday, but below is an update of island inventory per their Multiple Listing Service (9/24/21).




Condos Homes Lots
# Avg Price $ # Avg Price $ # Avg Price $
For sale 19 856,855 23 2,830,195 18 583,888
Under contract 20 739,435 33 1,672,374 7 475,776
Sold/closed thru 9/23 229 864,406 290 1,308,341 61 746,795
Sold/closed last year 192 733,876 290 954,718 23 606,233




Condos Homes Lots
# Avg Price $ # Avg Price $ # Avg Price $
For sale 3 1,496,666 10 6,297,800 0 N/A
Under contract 6 2,040,333 2 2,347,499 0 N/A
Sold/closed thru 9/23 48 1,118,977 37 2,781,632 2 2,950,000
Sold/closed last year 47 821,713 27 2,923,148 4 2,537,500

Note: Prices of units “For sale” and “Under contract” are asking prices.

Next week is the Association monthly membership meeting with a presentation on the National Flood Insurance Program’s new Risk Rating 2.0. Expect to see an update next Friday on how this new risk rating methodology is expected to affect flood insurance. It will apply to any new policies written after Oct 1, plus renewals.

The complete action posted this week in the Sanibel/Captiva MLS follows a few news items.

National Public Lands Day at J.N. “Ding” Darling National Wildlife Refuge

There will be no admission charge tomorrow (Saturday Sep 25) on Wildlife Drive (from 7 a.m. to 7 p.m.) in celebration of National Public Lands Day. The refuge staff also will be awarding a free one-day pass (good for a year) to any national wildlife refuge, national park, and other federal lands to visitors who collect a bag of trash at the refuge.

Tomorrow, visitors also are invited to the Welcome Table outside the Visitor & Education Center from 9.a.m. to 2:30 p.m. to tour the WoW (Wildlife on Wheels) mobile interactive experience and play fee games in the parking lot.

Interest Rates Rising? In November, Fed May Start Reversing Programs

Posted on-line yesterday at FloridaRealtors® and sourced to “Human Events”:

“The Federal Reserve hinted it may start reversing its pandemic stimulus programs come November – and it could raise interest rates next year. According to the Wall Street Journal, the Fed’s rate-setting committee revised its post meeting statement Wednesday to say that it may start to reduce or taper its $120 billion in monthly asset purchases as soon as its next meeting in early November.

““If progress continues broadly as expected the Committee judges that a moderation in the pace of asset purchases may soon be warranted,” the statement said. New estimates released at the end of the two-day meeting showed half of 18 officials expect to raise interest rates by the end of 2022.

“When the pandemic hit in March of 2020, the Fed cut its short-term benchmark rate to close to zero, and it has been purchasing at least $80 billion a month in Treasury and $40 billion a month in mortgage bonds since June of 2020 to provide additional stimulus.

“Per the Journal: Fed officials laid out a three-part test to raise interest rates one year ago that would require inflation to reach 2% and be on course to exceed that while the labor market returns to levels consistent with maximum employment.

“In December, they said they would buy bonds at the current pace until the economy had made “substantial further progress” toward their goals of reversing a shortfall, then of around 10 million jobs since the start of the pandemic and moving inflation back to their 2% goal over time. The Fed’s asset portfolio has doubled to $8.4 trillion from $4.2 trillion in February 2020.

“Rising vaccination rates and nearly $2.8 trillion in federal spending approved since December has produced a recovery like none in recent memory. Inflation has soared this year, with so-called core prices that exclude volatile food and energy categories up 3.6% in July from a year earlier, using the Fed’s preferred gauge. The gains largely reflect disrupted supply chains, shortages and a rebound in travel associated with the reopening of the economy.

“Wednesday’s projections show half of the officials expected interest rates would need to rise at least 1% from their current level by the end of 2023, and by another three-fourths of a percentage point in 2024.”

Florida-Owned Insurer: Losses and Policies Keep Growing

Also posted yesterday on FloridaRealtors® on-line and sourced to “News Service of Florida”: “Citizens Property Insurance expects to exceed more than 1M policies sometime in 2022 – and private insurers will rack up more than 1B in losses by the end of this year.

“TALLAHASSEE, Fla. – Citizens Property Insurance Corporation’s policy count will surpass 1 million next year as private market insurers continue to experience losses expected to reach nearly $1 billion by the end of 2021. Speaking to Citizens Board of Governors, Citizens President, CEO and Executive Director Barry Gilway on Wednesday warned that as Citizens’ policy count grows, so does the risk of assessments on all Florida insurance consumers. A fee could be added to all policies if a major storm or series of storms hits, and causes Citizens to exhaust its $6.4 billion surplus.

“Created as Florida’s insurer of last resort, Citizens is taking on more than 5,000 policies a week as private companies continue to shed policies in response to losses brought on by litigation, damage from Hurricanes Irma and Michael, more expensive reinsurance and other factors. “Citizens is considering all ideas to reduce exposure, and to continue to operate as efficiently as possible during this unprecedented growth period,” Gilway said.

“During committee meetings Tuesday, Citizens officials outlined a series of options to stem growth, including marketing and technology upgrades to the Florida Market Assistance Plan, which was created by the Florida Legislature to refer potential policyholders to private market coverages. Citizens officials are taking steps to reduce risk by increasing inspections on new business and exploring potential changes to Citizens Depopulation Choices and Property Insurance Clearinghouse programs. Such changes would require legislative consideration.

““At this point, everything is on the table as we try hard to support the development of a stronger private insurance market and stabilize the role of Citizens as the market of last resort,” said Gov. Nelson Telemaco, chairman of Citizens’ Exposure Reduction Committee.

“Since October 2019, Citizens has seen its policy count jump from 420,000 to more than 700,000. At this pace, company officials expect the policy count to exceed 760,000 by the end of 2021. Initial estimates call for Citizens’ policy count to reach 1.1 million to 1.3 million by year-end 2022.

Citizens’ policy count reached a peak of nearly 1.5 million in 2011 with nearly $520 billion in exposure. If the state was hit by a 1-in-a-100-year storm during that time, all Florida insurance consumers would have been on the hook for $24 billion in assessments, which would have been tacked onto their monthly premiums for years.”

Temporary Restaurant Closings

The list of temporary restaurant closings is getting shorter as some have reopened following annual vacations, deep cleans, fix-ups, etc. Most of the others reopen week. Below are the ones still closed.

  • Bleu Rendez-Vous Bistro – closed thru Sep 30, reopens Oct 1.
  • Island Pizza – closed thru Sep 29, reopens Sep 30.
  • Mad Hatter – closed thru Sep 30, reopens Oct 1.
  • The Sandbar Steak & Seafood – closed thru Sep 29, reopens Sep 30.
  • Traders – closed Sep 11 thru Oct 5, reopens Oct 6.
  • Traders 2 (T2) – closed thru Oct 4, reopens Oct 5.

Fall Weather on Sanibel

This week, with the first day of fall, there were plenty of social media jokes about how autumn weather on the Gulf Coast (Florida) is much the same as the rest of the year. That is not exactly true. Here the rainy season is letting up a little and the temperatures are dipping down a little lower at night. With a little luck, there will be a day in the not-too-distant future with daytime temperatures only in the 80’s, and nights into the 60’s. Meanwhile, the humidity is dropping a tad too. This afternoon, with plenty of sunshine, I stopped to get a couple of photos at the Nerita Street beach access.

The sky is blue with a few popcorn clouds, the water is clear (still no flows coming from Lake O, just run-off), but there was no one on the beach in either direction. That likely will change in the next few weeks as the early snowbirds start returning.

Sanibel & Captiva Islands Multiple Listing Service Activity September 17-24, 2021


View from Mariner Pointe #1061


4 new listings: Sundial #C305 1/1 $549,945; Sundial #D304 1/1 $595K; Donax Village #9 2/2 $699K; Mariner Pointe #1061 2/2 $724K (our listing).

No price changes.

3 new sales: Blind Pass #A206 2/2 listed at $565K, Sanibel Arms #F3 1/1 listed at $599K (our listing), Sanibel Arms West #F6 2/2 listed at $1.049M.

3 closed sales: Breakers West #C3 2/2 $775K, Sanibel Arms West #C6 2/2 $915K, Island Beach Club #330B 2/2 $990K.


No new listings or price changes.

6 new sales: 1025 S. Yachtsman Dr 3/2 listed at $820K; 5298 Umbrella Pool Rd 3/2.5 listed at $995K; 554 East Rocks Dr 3/2 listed at $999,995; 682 Pyrula Ave 5/4.5 listed at $1.995M; 375 East Gulf Dr 5/5 listed at $2.9M (our listing); 1237 Isabel Dr 6/6.5 listed at $2.995M

6 closed sales: 1444 Sandpiper Cir 2/2 half-duplex $479K; 1846 Ardsley Way 2/2 $701,498; 9032 Mockingbird Dr 3/2 $740K; 4506 Bowen Bayou Rd 3/2 $819K; 5817 Sanibel-Captiva Rd 4/2 $1.09M; 2475 Tropical Way Ct 3/3.5 $2.34M.


1 new listing: 554 Lake Murex Cir $699K.

No price changes.

1 new sale: 470 Sawgrass Pl listed at $795K.

No closed sales.



No new listings or price changes.

1 new sale: Captiva Bay Villas #E 3/3.5 listed at $3.549M.

3 closed sales: Beach Villas #2414 2/2 $875K, Marina Villas #905 2/2 $875K, Seabreeze #1251 3/3 $1.9625M.


No new listings.

1 price change: 11559 Laika Ln 4/3.5 now $6.9M.

1 new sale: 11520 Murmond Ln 5/5 listed at $1,999,999.

2 closed sales: 10 Sunset Captiva Ln 2/2.5 $1.395M, 1072 South Seas Plantation Rd 3/3.5 $3.25M.


Nothing to report.

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

Until next Friday, enjoy your fall!

Susan Andrews, aka SanibelSusan

Sanibel September Snapshots

Susan here reporting another week of little island traffic-wise though over the weekend near Lighthouse Beach, there were lots of boaters just offshore and plenty of beachgoers. Likewise, the causeway beaches were packed Saturday and Sunday. The pent-up demand to “get out” and enjoy post-summer weather continues here even though September usually is the “quiet” month. During the week, the beaches have been super empty probably also related to the area getting plenty of off-and-on showers.

My friend Kim, a manager at the West Wind Inn, occasionally posts a photo on social media when she’s working their pool bar. When I asked if I could use the one she posted Tues (Sep 14), she said “sure”. Enjoy.

(If you haven’t enjoyed a meal yet there or at the Inn’s Normandie Cafe, be sure and do it. Favored by many locals, as well as the late Willard Scott, many will miss seeing him there. Normadie is open daily from 8 a.m. until 2 p.m., and again from 5 to 9 p.m.)

Island Real Estate

At the Sanibel & Captiva Association of Realtors® Caravan meeting yesterday which I attended via Zoom, only one property was open for viewing, no new sales or price reductions were announced, and just one “coming soon” listing was mentioned.

Our weekly report of the action posted with the island Multiple Listing Service follows a couple of news items below. Like the last few weeks, with low inventory, there have not been many sales. I worked both last weekend and will again tomorrow on a home that we hope to post next week as “under contract”. In this “hot market”, sometimes it takes working behind the scenes to create an ideal situation for buyers/sellers. We continue to sleuth for buyers waiting for a particular area or property. We heard from a couple of island owners this week, so some new listings are in the works.

State of the Southwest Florida Real Estate Market

An annual real estate event called Market Trends was held last Thursday at the Caloosa Convention Center in downtown Fort Myers. Attorneys Henderson Franklin were sponsors and posted the following recap of the presentation which focused on the 2021 real estate market in Southwest Florida in three major areas: the residential real estate market, new residential construction, and commercial real estate.

“Continuing the trend from the 2nd half of 2020, both the residential and commercial markets in Southwest Florida sustained their momentum. New homebuyers continue to flock to the region and developers are trying to keep up with demand.

Residential resale market – While we thought the market in 2020 was hot, the resale market in Southwest Florida in 2021 set unprecedented numbers we may never see again. The numbers for existing single-family homes sales continued to rise from 2020 to 2021. Charlotte County saw a 42% increase, Lee County a 44% increase, and Collier County a 65% increase in existing homes sold. The same goes for median sale prices, with Charlotte County seeing a 31% increase, Lee County a 29% increase, and Collier County a 38% increase compared to the previous year.

“With increases in sales and prices, some may begin to fear another market crash. However, the presenters believe we are on track for the market to correct itself rather than seeing a repeat of the previous market crash. The “irrational market” will be replaced by a rational one and we will likely be passing the peak of buyer frenzy that we saw through the height of the pandemic and the early parts of the year.

New construction market – The total number of new building permits for single-family and multi-family in Lee, Collier and Charlotte counties has continued to increase. 2020 saw a total of 18,418 residential permits issued. The year-to-date total for residential permits issued in 2021 currently sits at 14,272, with the projected total by year’s end estimated to be 23,400 permits issued. The past 12 months have seen a double-digit percentage increase in new permits in all three counties. Lee County saw an 11% increase, Collier a 22% increase, and Charlotte with an astounding 50% increase.

“As was the case in 2020, individual communities continued to see astounding growth. The top three communities were Ave Maria, Babcock Ranch and Isles of Collier Preserve. To showcase that the residential market continues to grow, look no further than Babcock Ranch, which in 2020 saw 533 new building permits issued to various builders. It currently stands at 691 residential permits issued to various builders in 2021.

“While the big builders like Lennar, DR Horton, and Pulte continue to dominate the market, we have seen a comeback for the small builders, with over 6,000 permits issued to these builders. An interesting new trend taking place in Southwest Florida is the build-for-rent model. This model appears to be aimed at a younger generation looking for homes but wanting more financial flexibility. It will be interesting to see how this trend continues over the coming years.

“While at some stage the market will likely level off, demand in the residential market looks set to continue in 2021 and the foreseeable future in Southwest Florida. As homebuyers continue to move into the region, developers look to continue buying up land and building single-family and multi-family units.

Commercial real estate – While certain sectors continue to be affected by the pandemic, especially with the emergence of the delta variant, the Southwest Florida commercial real estate market as a whole continues to thrive in 2021. Through the height of the lockdown in 2020, commercial sale volume still hit $150 million. Through Q2 of 2021, commercial sales have hit upwards of $560 million, with an astounding 275% increase over 2020. The retail market makes up nearly 50% of the total sales volume in 2021, at approximately $259 million in sales.

“The industrial market has seen an increase in rent and occupancies, with over 2.2 million square feet of industrial space coming into the market. So why such large quantities of space? This increase is due in large part to large-scale distribution centers moving into the region. With e-commerce taking over, fulfillment centers for companies like Uline and Amazon are becoming ever-present in Southwest Florida.

“As we experience a consumer spending rebound, Lee, Charlotte and Collier County all saw increases in rent and occupancy over the last year in the retail market, with goods and services driving the market forward. However, labor shortages due to the pandemic will impact how well this market performs.

“The office market over the last year is stable but an odd one. Rents and occupancies are all up but at times space is economically occupied but physically vacant. This is in large part due to the pandemic and employees working from home, as well as tenants waiting to see how things play out before renewing leases. We have not seen the “great migration” back to the office that we thought. Most new deliveries in the market are now including amenities to try and entice the workforce back into the office. So with these issues, what sector has caused the increase in rent and occupancies? The medical office sector has led the way in this regard. Regional medical groups have taken advantage of the market and have grabbed good land positions in the region.

Take-Away – The Market Trends report this fall showcased how the real estate market in Southwest Florida has continued to thrive thus far in 2021. Both residential and commercial sectors have seen exponential growth. It will be interesting to see how both finish out the year, what their outlook will be heading into 2022, and what impact the pandemic will have on the market going forward.”

Island Hopper Songwriter Fest

Marking its seventh year, the Island Hopper Songwriter Fest begins today and runs through Sept 26. This free 10-day festival – except for a few ticketed events – features singer-songwriters. Today through Sunday (Sept 17) it will be on Captiva, then moves to historic downtown Fort Meyers (Sept 20-23), followed by Fort Myers Beach (Sept 24-26). During the first three days on Captiva, venues include poolside at “Tween Waters, Keylime Bistro, RC Otter’s, Doc Ford’s, Mucky Duck, Sunset Beach (at South Seas), and Green Flash.

The Island Hopper Songwriter Fest is the largest in Southwest FL. This year, over 60 singer-songwriters will preform more than 100 shows. For more info, go to https://www.island-hopper.fortmyers-sanibel.com.

Events Postponed & Temporary Closings

‘Ding’ Darling Day – Due to federal restrictions regarding the coronavirus, the 33rd Annual ‘Ding’ Darling Day at Lakes Park in Fort Myers scheduled on Sunday, Oct 10, has been postponed until spring 2022. Watch www.dingdarlingday.com for the new date and more details. The ‘Ding’ Darling Day Amateur Nature Photography Contest has been extended to Oct 15. Winners will be announced Nov 15. For more info on that, contact Sierra at 239-472-1100 Ext 4.

Restaurants – Below is an updated list of the island restaurants that are closed temporarily for annual vacations, deep cleans and fix-ups, etc. Lighthouse Cafe & Schnapper’s were added to the list this week.

  • Bleu Rendez-Vous Bistro – closed thru Sep 30, reopens Oct 1.
  • Blue Giraffe at Periwinkle Place – closed thru Sep 20, reopens Sep 21.
  • Blue Giraffe 2 at Beachview Estates – closed thru Sep 20, reopens Sep 21.
  • Island Pizza – closed thru Sep 29, reopens Sep 30.
  • Lighthouse Café – closed thru Sep 23, reopens Sep 24.
  • Mad Hatter – closed thru Sep 30, reopens Oct 1.
  • Over Easy Café – closed thru Sep 23, reopens Sep 24.
  • The Sandbar Steak & Seafood – closed thru Sep 29, reopens Sep 30.
  • Schnapper’s Hots – closed thru Sep 20, reopens Sep 21.
  • Sweet Melissa’s Café – closed thru Sep 20, reopens Sep 21.
  • Traders – closed Sep 11 thru Oct 5, reopens Oct 6.
  • Traders 2 (T2) – closed thru Oct 4, reopens Oct 5.
  • Traditions on the Beach – closed thru Sep 23, reopens Sep 24.

Sanibel Vaccinations

An article in today’s “Island Sun” by Wendy McMullen describes how Sanibel City Council has been walking on a tightrope trying to get City staff vaccinated. It says,

“Now, it’s attempting to sweeten the pill by offering a $500 incentive for all city staff who have a vaccination certificate.

“Florida businesses and governments that require proof of vaccinations face a $5,000 fine. The federal government has required vaccination or weekly testing. Vaccine passports are banned by the state.

“Sanibel City Council got around the various mandates and restrictions by offering a substantial inducement to city staff who voluntarily provide proof of vaccination before Oct 30 of this year. The $500 incentive has been ratified by the Association of Municipal Employees.

“City Manager Judie Zimomra reported that 78 city employees had been fully vaccinated, six had one vaccination, 43 were unvaccinated and 38 did not respond.

“Those figures are much lower than vaccinations among Sanibel residents, which are around 97%, but similar to those in Lee County. Councilmember Dr. Scott Crater said that the number of people vaccinated in Lee County is lower than in the neighboring counties of Charlotte and Collier, and lower than in Broward County on the east coast. Lee County was averaging 10 deaths a day from COVID-19.

“Dr. Crater provided information about the 10 vaccinations that children must have before they attend school and the diseases that have been all but eradicated as a result.

“Planning Commission Chairman Roger Grogman said that employers can require drug tests for safety reasons and COVID presents the same safety issues. “Safety, safety, safety. Not safety for you, but safety for everyone around,” he said, speaking in public comment.

“Applicants for city jobs are required to be tested at the time they are hired but vaccination is not required. Zimomra estimated that it would reduce the pool of applicants by between 25 and 30%.

“A suggestion from Councilmember Mike Miller that unvaccinated city employees get tested weekly was considered impractical. City council decided that it would encourage city staff to get vaccinated, track vaccinations, require K95 or N95 masks for the unvaccinated and reward those that are vaccinated now or who get vaccinated. The decision was unanimous.”

Sanibel & Captiva Islands Multiple Listing Service Activity September 10-17, 2021



1 new listing: Sundial #R402 2/2 $1.249M.

No price changes.

3 new sales: Blind Pass #C201 2/2 listed at $590K, Seashells #16 2/2 listed at $599.9K, Mariner Pointe #231 2/2 listed at $674.9K.

7 closed sales: Sanibel Moorings #211 1/1 $525K, Mariner Pointe #323 2/2.5 $533K, Sanibel Inn #3514 2/2 $665K, Sanibel Inn #3513 2/2 $690K, Breakers West #A5 2/2 $725K, Loggerhead Cay #282 $685K, Sundial #E104 2/2 $1.299M.


1 new listing: 700 Birdie View Pt 3/2 $985K.

No price changes.

2 new sales: 535 Birdsong Pl 3/2 listed at $695,555; 4771 Tradewinds Dr 3/3 listed at $2.99M.

7 closed sales: 1536 Bunting Ln 3/2 $775K, 1270 Par View Dr 3/2 $859K, 5268 Ladyfinger Lake Rd 3/2 $950K, 1319 Par View Dr 3/2.5 $1.15M, 1350 Sand Castle Rd 3/2 $1.199M, 743 Durion Ct 3/2 $1.31M, 4949 Joewood Dr 5/5 $4.075M.


1 new listing: 1219 Par View Dr $449K.

No price changes or new sales.

1 closed sale: 6141 Starling Way $800K.



No new listings or price changes.

3 new sales: Tennis Villas #3210 1/1 listed at $499,999; Beach Villas #2638 3/3 listed at $1.349M, Captiva Shores #8A 3/2.5 listed at $1.795M.

2 closed sales: Beach Homes #25 3/2 $1.881M, Beach Homes #33 4/3 $3.1M.


Nothing to report.

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

Until next Friday! Happy weekend!

Susan Andrews, aka SanibelSusan

Photo below taken Sep 2018, during our Realtor Continuing Education class on the water. These are the fish houses of North Captiva. September clouds always great!