Sometimes “It Takes A Village”


On normally-sunny Sanibel, this week has been one with several “off & on” showers from the storm developing north of us in the Gulf. Thankfully, most have been short-lived, though some arrived quickly.

We had a doozy yesterday, where suddenly it poured on Periwinkle in front of the office, with barely a drizzle in our back parking lot. Minutes later, it was over. Photo below from the gulf beach right after one of the passing storms.

The good news is the bunnies are happy with plenty of bright green juicy vegetation to munch, the windsurfers and kite-boarders enjoyed the storm-fueled breezes, and the shops and restaurants parking lots have been packed when the usual beach-goers are looking for other things to do.

Now we are thinking of those in the north central Gulf Coast area where Tropical Storm Barry is making landfall. May it dissipate quickly.

SanibelSusan Realty Associates

The SanibelSusan Team is thankful to report a two-closing week and recognize that sometimes “it takes a village”. The crew at Barrier Island Title and their remote notary went above and beyond in providing the services needed for today’s closing. Kudos to them, my teammates, and Realtor Kerri Maw at Pfeifer Realty for their hard work in getting another SanibelSusan listing sold. Thanks also to Evan DuPont with John Naumann & Associates for bringing the buyer for our mid-week closing, also with Barrier Island Title. Some are easy, others challenging! We are grateful for them all.

Congratulations also to teammate, Dave, for a new off-island listing today.

The activity on the islands this week posted in the Sanibel & Captiva Islands Multiple Listing Service follows a few news items below. Just one Sanibel condo and one Sanibel home went under contract, no new sales on Captiva.

Sanibel & Captiva Islands Association of Realtors®

With some Realtors® on vacation, the Association’s Caravan meeting yesterday had a few empty seats. The Caravan that followed had just one property open for viewing.

During the off-season is when the Association makes good use of the downtime and holds some of its community service events.

  • “Love That Dress” Donations – Through the month of July, the Association is serving as a drop-off point for donations for the upcoming “Love That Dress” event which is an annual shopping spree to benefit the PACE Center for Girls of Lee County. If you have any new or gently-loved dresses, shoes, handbags, or accessories, please drop them off this month at the Association Office at 2353 Periwinkle Way, Suite 201 which is the 2nd floor over Finnimore’s Cycle Shop in the Winds Shopping Center. (Or give me a call, and I’ll pick them up.) The actual “Love That Dress” event will be held August 21 at Embassy Suites – Fort Myers/Estero. Tickets go on sale August 1.
  • “Meals of Hope” Food Packing – This year will be the Association’s third Meals-of-Hope food-packing event. This time, on Friday, August 2 from 2 to 5 p.m. Our goal is to raise $5,000 for the supplies and then pack 20,000+meals that are later distributed to local food banks. Let me know if you want to join us or make a donation (checks made out to Meals-of-Hope). The meal packing is assembly-line-style, fast and fun. Again, thanks to The Sanibel Community Church for allowing us to hold the event in their Fellowship Hall. (It’s just impossible to get the supplies and equipment needed into our Association’s 2nd floor spaces.)
  • “Captains for Clean Water” Benefit – Then the next afternoon on Saturday, August 3, the Association is hosting its 2019 Corn-Hole Tournament to benefit Captains for Clean Water. Association members and spouses from our district (Marco Island, Bonita, Fort Myers & the Beach, Cape Coral, and Sanibel-Captiva) will come together for a few hours of comradery and fun at Marlins Brewhouse. Here’s hoping that Sanibel-Captiva players come out ahead of our standings in the district softball and bowling tournaments.

Our local MLS Committee is working hard in preparation for the conversion to our new Multiple Listing Service in mid-August. Though we tend to get comfortable with old familiar systems, this new one has many new exciting features and will be more-user friendly for both MLS members and the public. The SanibelSusan Team is all signed up for their upcoming training, while as a member of the original task force reviewing system, I get access to the beta version next week.

Pricing a Listing?

Interesting tag line on an article in the Florida Realtors® July 2019 issue. It says: “Use the “Just Below” Pricing Strategy… you’ll get on average 2% more for your home than those who price it too high or just right. Journal of Real Estate Finance and Economics”.

Be Nice to Grandma

NAR’s Chief Economist, Lawrence Yun, authored the following article in the July-August issue of “REALTOR®” magazine.

“First-time buyers have not fully returned to the market. So far in 2019, they’ve accounted for only 31% of all home sales, well below the historic market share of around 40%. That’s why home sales are still running at an annualized pace of 5 million, essentially unchanged since the year 2000 even though the U.S. population has grown by 45 million and the number of households by 20 million.

“Though affordability has been hurt in recent years by fast-rising home prices, it takes a smaller share of monthly income to own these days then it did two decades ago, when 30-year mortgage rates were in the 8% range.

“There are several reasons first-time buyers are struggling to get in the market. Student debt has tripled over the past decade, starter home listings are in short supply because home-builders have focused on expensive homes; many affordably priced condos are not FHA-certified; and credit score requirements to obtain a mortgage are tighter than historic norms.

“As the National Association of REALTORS® works to ensure access to mortgage credit for all qualified Americans, individuals can position themselves for home-ownership. For example, military veterans continue to benefit from the loan guaranty program that started 75 years ago. For some in college today, a “gap year” of military service or any full-time job can reduce their student debt.

“Then there’s family, NAR research shows that a third of recent first-time buyers received down payment assistance from family members, and that share is likely to grow. Many of those that lived through the Great Depression, or heard their parents’ survival stories, have benefited from decades of careful wealth accumulation. The average net worth of those aged 75 and over stands at $264,800. The lesson for millennials: Be nice to grandma and grandpa. They just might offer the boost the next generation needs to become homeowners.”

LCEC Info About Solar Power Systems

Some good info in the June issue of “LCEC News” (Lee County Electric Cooperative):

“A little more than 730 LCEC cusomers have installed solar power systems at their home or business. The benefit of these systems is that panels convert solar energy into electric energy. Although users rely on the electric grid during evening and less-sunny periods, they may reduce their electric bill. And the good news is that all LCEC customers are using solar power in one way or another since LCEC delivers power from FPL, the largest generator of solar energy in Florida.

“There are safety considerations that should be examined when installing solar power systems. Prior to purchasing the system, contact a licensed qualified electrician to ensure your electrical system can support the technology. Before net metering or putting power back on the grid, LCEC must be notified and an application process must be completed. This keeps electric workers and neighbors safe and ensures property credit for shared power.

“Once installed, solar power system may present unique challenges for first responders and firefighters, so it is important to notify local officials about the type of panels that have been installed. This will help to protect firefighters and minimize damage to the building if a fire occurs.”

Call Before You Dig, 811

“Did you know that homeowners are required by law to call 811 or report online to sunshine811.com two FULL days before digging in any easement, right-of-way, or permitted-use area? The information reported is used to compare the desired digging site to the location of any underground utilities in the area. The area will either be declared clear or will be appropriately marked for any underground lines. Not only does unsafe digging pose a rich to underground lines, it is extremely dangerous causing injuries and deaths around the world annually.” (also from the June “LCEC News”)

“Ding” Darling Wildlife Society News

  • Acquisition of Wulfert Bayous – You may have seen the sign on San-Cap Road near the entrance to The Sanctuary where the “Ding” Darling Wildlife Society has been trying to raise $3 million in private donations to complete the $9.5 million acquisition of Wulfert Bayous, the last large parcel of unprotected and undeveloped land on Sanibel. This week, they announced that their donations goal was reached. But as they await the Lee County Commissioners’ August decision to approve $6.5 million to complete the acquisition, they are continuing to accept donations in case the 20/20 funds don’t all come through. If they do receive the full $6.5 million, extra funding will be applied to a restoration project to remove invasive vegetation from the tract and create improved habitat for wading birds. Click HERE to watch their video about the Wulfert Bayous’ preservation campaign.
  • Tues, July 16 – World Snake Day – Join the J.N. “Ding” Darling National Wildlife Refuge in celebrating World Snake Day with lots of fun events at the refuge:
  • 9 a.m. to 10 a.m. – free guided Indigo Trail Walk (meet at the flagpole at Refuge entrance)
  • 11 to 11:30 a.m. – Snake lesson in the Education Classroom
  • 12 p.m. – Movie “Invasion of the Giant Pythons in Auditorium B (60 minutes)
  • 12 to 2 p.m. – Snake crafts in the Education Classroom
  • 2:30 to 3 p.m. – Snake lesson in the Education Classroom.

The Community House Shellcrafters

On TV this week, ABC News 7 reporter Kristen Clark on Monday covered everything you need to know about Shellcrafters and the different creations they make – flowers, animals, jewelry – all from shells found on the beaches of Sanibel and Captiva. Shellcrafters meet at The Community House every Monday year-‘round (except major holidays). Class starts at 10 a.m. with doors open to view and purchase creations until 1 p.m. All ages are welcome, though children must be accompanied by a parent or guardian. No reservation required.

Here are links to the TV segments:

Shell Crafters Segment 1

Shell Crafters Segment 2

Shell Crafters Segment 3

Food Fun

I hate to admit that I have eaten out three times this week, but since our restaurants always appreciate additional business from locals in the summer, I would be remiss if I didn’t recommend the three restaurants that created the following meals. Thanks also to my friend, Sheila, vacationing on Captiva.

On Wednesday night, we had dinner at Malia Island Fusion Cuisine. I saw three other tables of locals too. That night, I enjoyed this dish “Diver Scallop & Shrimp Curry”.

Not wanting to miss out on a meal with Christian and Mari at Bleu Rendez-Vous French Bistro before they close for their summer vacation, last night my dinner there was this yummy dish called “Filet – Frites”, the onion soup gratinee first, and the creme brulee after were equally yummy. Bleu Rendez-Vous will be back open in October. It’s definitely worth the wait.

Then today after our closing, teammate Dave and I stopped for lunch at T2, bringing back lunch for teammate Elise. I’m a huge fan of their spinach salad (which is even better with blackened shrimp), but today I tried their shrimp tacos. It is another winner.

The service at all three restaurants was outstanding. It really is hard to go wrong dining anywhere on Sanibel or Captiva, but this week Malia, Bleu Rendez-Vous, and T2 all get a special thumbs up from SanibelSusan. Now I need to walk a few thousand extra steps over the weekend.

 

Sanibel & Captiva Islands Multiple Listing Service Activity July 5-12, 2019

Sanibel

CONDOS

2 new listings: Snug Harbor #312 3/2 $658K, Sanddollar #C202 3/2 $1.3M.

1 price change: Sunset South #6B 2/2 now $591.5K.

1 new sale: Plantation Village #312 3/2.5 listed at $1.49M.

1 closed sale: Spanish Cay #B4 2/2 $379K.

HOMES

1 new listing: 1717 Sand Pebble Way 3/2 $649K.

9 price changes: 1401 Sandpiper Cir 3/2.5 half-duplex now $519.9K, 1585 Bunting Ln 3.2 now $569K, 9406 Beverly Ln 3/2 now $599K,  9448 Begonia Ct 3/2.5 now $649K (our listing), 1586 Century Ct 3/2.5 now $665K, 1978 Roseate Ln 3/2 now $735K, 1244 Par View Dr 4/3 now $900K, 2441 Shop Rd 4/3.5 now $924K, 1206 Bay Dr 4/4.5 now $3.474M.

9448 Begonia Ct in Gumbo Limbo

1 new sale: 1550 Centre St 3/2 listed at $599K.

7 closed sales: 398 Old Trail Rd 3/3 $485K, 1827 Middle Gulf Dr 2/2 $530K, 1555 Sand Castle Rd 3/2 $650K, 686 East Rocks Dr 3/2 $766.4K, 510 Sea Oats Dr 3/2.5 $940K, 1838 Buckthorn Ln 3/2 $1.177M, 1351 Middle Gulf Dr, #2C 3/3 half-duplex $1.35M (our listing).

LOTS

1 new listing: 5627 Baltusrol Ct $375K.

1 price change: 2133 Starfish Ln now $404K.

No new sales.

1 closed sale: 9270 Kincaid Ct $138K (our listing).

Captiva

CONDOS

1 new listing: Lands End Village #1633 2/2 $1.439M.

1 price change: Captiva Hide-A-Way #2D 2/2 now $900K.

No new or closed sales.

HOMES

No new listings.

2 price changes: 15831 Captiva Dr 2/2.5 now $3.7M, 15819 Captiva Dr 5/5 now $9.4M.

No new or closed sales.

LOTS

Nothing to report.

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

Until next Friday, wishing you a rain-free weekend and happy days!

Susan Andrews, aka SanibelSusan

Let’s Continue to Celebrate the U.S.A.


It was another wonderful July 4th on sunny Sanibel. Or at least sunny most of the day. We had a big turnout at the office at 9 a.m., ready for parade viewing.

Then 12 hours later, right at 9 p.m., as scheduled, the City fireworks show over San Carlos Bay was spectacular. How they coordinated it between downpours was amazing. Thanks to all who made it such a special island holiday!

Here’s hoping yours also was a fun festive one.

Sanibel Susan Realty Associates

A holiday week sometimes means it’s a slow one for island real estate and this was no exception. Beyond the holiday festivities, there is not much local news to report, but since it is beyond the ½-year mark, it is a good time to revisit the Sanibel and Captiva real estate market. Off-island, the local news stations and papers have been reporting what the county Tax Assessor expects for annual appreciation in each city. I shake my head every July when this occurs, because what happens in the first half of the year doesn’t always reflect what will happen in the 2nd. Last year was a good example of that.

Another twist with island sales, is that more high-end closings usually occur early in the year, just a factor in their usually being two to three times more qualified buyers here all winter than during the summer.

This year sales lagged a little in getting started, but with gulf and bay waters still glistening and many clean water initiatives underway, my crystal ball says 2019 will turn out better than 2018. With the economy strong and plenty of nice inventory available, I predict good sales all summer. At SanibelSusan Realty, our June and July closings already far exceed the first five months of the year.

Below is a snapshot of the today’s Sanibel and Captiva inventory, compared to sales during the same period last year. The statistics also are shown comparing sales year-over-year. (Info from Sanibel/Captiva MLS, disclosure below applies.)

Average Sanibel sale prices lag 2018 for condos, homes, and lots. The number of Sanibel condo and home sales also are less than last year.

On Captiva, average condo and home prices are up, but the samplings are small, with fewer Captiva condos and homes sold than during the same time last year.

 

Property Type

Sanibel Captiva
Condos Homes Lots Condos Homes Lots
# Avg $ # Avg $ # Avg $ # Avg $ # Avg $ # Avg $
For sale 107 815,088 168 1,351,489 68 647,077 44 1,026,318 37 2,890,240 3 1,929,667
Under contract 15 654,837 28 870,916 1 149,000 1 469,000 6 3,360,832 0 N/A
Sold 1/1-7/5/2019 78 683,609 125 983,314 9 451,222 14 1,201,557 8 3,002,188 0 N/A
Sold 1/1-7/5/2018 96 743,571 158 1,214,614 9 478,556 17 912,933 12 2,163,442 0 N/A
Sold 2018 155 720,617 218 1,112,748 21 602,095 27 797,532 25 2,127,352 0 N/A
Sold 2017 140 728,793 186 1,004,237 32 327,229 34 671,551 22 2,457,023 2 2,312,500
Sold 2016 143 717,768 181 979,576 25 487,095 22 873,636 27 3,195,000 2 3,150,000

50th Anniversary of RPAC

As the National Association of Realtors® (NAR) celebrates the 50th anniversary of the REALTORS® Political Action Committee (RPAC), their biggest supporters were recognized with a surprise to represent their commitment to promoting and protecting real estate ownership and this milestone in NAR’s history.

In Washington, DC, in May for the REALTORS® Legislative Meetings & Trade Expo, their special guest speaker Phil Hansen unveiled an incredible piece of artwork that showcases all of the nation’s 2018 RPAC Major Investors – within the iconic image of the NAR building in DC overlooking the U.S. Capitol.

You too can see the image at https://realtorparty.realtor/rpac50#art. It was an honor in 2017 to be the first island Realtor® inducted to NAR’s Hall of Fame (those plagues are atop the same NAR building in DC). To then find my name on this amazing piece of art is exciting too. Either search for my name or zoom into frame “H3” and you will find it.

Commitment to RPAC equates to caring about real estate, personal property rights, and home ownership. Congratulations RPAC on your 50th anniversary.

Sanibel Bunnies

The July/August 2019 issue of the Sanibel-Captiva Conservation Foundation (SCCF) member update includes info about island rabbits. Since last summer, their population here has increased dramatically. At Sanibel Square, I see at least two each evening when I close up and often make a game of counting how many I see driving home at night. My record count for that short drive (less than 3 miles) is 54 bunnies. At home in the evening just before sunset, at least one is munching my grass. They sure are cute! Below are some excerpts from SCCF’s article:

“The marsh rabbit (Sylvilagus palustris) is a native species in Florida and can be found throughout the state. Throughout most of their range they are considered a species of least concern for conservation purposes, but the Florida Keys subspecies, the Lower Keys rabbit (Sylvilagus palustris hefneri) is both state and federally endangered. Though they are from the same family as cottontails, marsh rabbits lack the signature white fluffy tail of their relatives.

“Marsh rabbits are strong swimmers and tend to walk using all four legs rather than hop like most rabbits. Their predators include alligators, owls, hawks, bobcats, and coyotes. In addition to threats from predators, flooding and hurricanes can take a toll on rabbit populations by flooding out their nesting habitat.

“Rabbits breed year-‘round in south Florida, but the peak of breeding takes place between December and June. The marsh rabbit’s preferred home is in wetland habitat, especially freshwater marshes. Over time, the landscape of Sanibel has changed significantly, leaving much less acreage of freshwater marshes and cordgrass swales. In the absence of natural fire regimes, many of these marshes have begun to fill in with hardwoods like buttonwood. Our freshwater marshes are not only important for our rabbits, but also for our only endemic animal species: the Sanibel Island rice rat (Oryzomys palustris sanibeli). Both of these small mammals are also important prey species for our native hawks and owls, who also suffer the loss of this important habitat type.

“SCCF and other agencies on the island conduct occasional prescribed burns to maintain healthy marshes and swales for the benefit of all our native wildlife. In addition to prescribed burns, SCCF mows some of these areas during the dry season and engages in mechanical removal of buttonwood.

“As our city’s vision statement says: “Sanibel is and shall remain a barrier island sanctuary, one in which a diverse population lives in harmony with the island’s wildlife and natural habitats.” Our native rabbit population is currently experiencing a natural boom, which will eventually subside. Below is a list of plants for your landscaping consideration. If you have questions about landscaping to attract or to naturally deter rabbits, please stop by our Native Landscapes and Garden Center at the Bailey Homestead Preserve….”

Plants that rabbits like to eat:

  • Firebush (Hamelia patens)
  • Gaillardia/Blanket Flower (Gaillardia pulchella)
  • Dune Sunflowers (Helianthus debilis)
  • Black-eyed Susan (Rudbeckia hirta)
  • Grasses-Muhley Grass (Muhlenbergia capillaris), Fakahatchee Grass (Tripsacum dactyloides), Sea Oats (Uniola paniculata), Dwarf Fakahatchee (Tripsacum floridanum)
  • Blue Porterweed (Stachytarpheta jamaicensis) • Tickseed (Coreopsis leavenworthii)

“Plants that rabbits don’t like to eat:

  • Red Salvia (Salvia coccinea)
  • Southern River Sage (Salvia misella)
  • Bahama Cassia (Senna mexicana var. chapmanii)
  • Cocoplum (Chrysobalanus icaco)
  • Coontie (Zamia pumila)
  • Quailberry (Crossopetalum ilicifolium)
  • Walter’s Viburnum (Viburnum obovatum)
  • Several aqautics: Blue Flag Iris (Iris virginica), Canna Lily (Canna flaccida), Lizard’s Tail (Saururus cernuus)
  • Wild Coffee (Psychotria nervosa)
  • Gopher Apple (Licania michauxii)”

Sanibel & Captiva Islands Multiple Listing Service Activity June 28-July 5, 2019

Sanibel

CONDOS

3 new listings: Seashells #12 2/2 $395K, Sundial West #I405 1/1 $435K, Sundial West #J201 1/1 $550K.

2 price changes: Sanibel Arms West #M1 2/2 now $511K, Pine Cove #202 3/2 now $1.4M.

1 new sale: White Caps #5 1/1 listed at $499.9K.

1 closed sale: Captains Walk #F4 1/1 $315K (our listing).

HOMES

2 new listings: 1390 Middle Gulf Dr 3/3 $499K, 1119 Seagrape Ln 2/1 $800K.

3 price changes: 632 Lake Murex Cir 3/2 now $725K, 4339 Gulf Pines Dr 3/2 now $750K, 1520 Angel Dr 5/5.5 now $1.595M.

3 new sales: 1175 Sand Castle Rd 3/3 listed at $738K, 6406 San-Cap Rd 3/3.5 listed at $899K, 5313 Punta Caloosa 4/3 listed at $899K.

2 closed sales: 1311 Sand Castle Rd 3/2 $875K, 2303 Troon Ct 3/3.5 $1.085M.

LOTS

2 new listings: 2486 Wulfert Rd $139K, 933 Strangler Fig Ln $495K.

2 price changes: 0 Island Inn Rd now $750K, 1800 Woodring Rd now $2.695M.

No new sales.

1 closed sale: 5618 Baltusrol Ct $305K.

Captiva

CONDOS

No new listings.

1 price change: Beach Villas #2417 1/1 now $510K.

No new or closed sales.

HOMES

No new listings.

1 price change: 16813 Captiva Dr 3/3 now $2.25M.

No new or closed sales.

LOTS

Nothing to report.

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

May your holiday fun continue right through the weekend,

Susan Andrews, aka SanibelSusan

Longest Day of 2019 on Sunny Sanibel & Captiva Islands


It may be the longest day of the year, with plenty of sunshine on Sanibel today, but the island sure has thinned out. Looks like the last of the snowbirds have headed off to other summer locations. Too bad. The water is looking fantastic as evidenced by the below photos taken yesterday afternoon near the end of Dixie Beach Blvd overlooking Pine Island Sound and San Carlos Bay. The water was so pretty I couldn’t decide which photo to post.

Island weather this week has included partly cloudy days with on and off showers. It sure didn’t take long for the dry island vegetation to perk up. Before long, it will be “mow your lawn twice a week time”. But, before that happens, the forecasters say we are in for a hot dry weekend. Florida summer weather = continually changing.

Lee County Mosquito Control already is back to work, tracking when it rains, and keeping us skeeter-free, while the island is gearing up for the July 4th holiday with plenty annual celebratory events in the works. More details on the parade, scavenger hunt, and fireworks next week.

SanibelSusan Realty Happenings

This was an off week for the islands’ Thursday morning Realtor® Caravan meeting. Instead teammate Dave accompanied a home inspection, while teammate Elise got her report ready with the Multiple Listing Service action since last Friday. Dave held several Open Houses again this week too. Attendance at those has slacked off, as have sales. There was just one new sale on Sanibel this week, none on Captiva.

The “Island Sun” gave me some good press with the following article on page 28 of today’s paper.

“Broker Makes Commitment to Excellence

“Susan Andrews, RSPS, SCIS, TRC, Eco-Broker, and Broker/Owner of SanibelSusan Realty Associates, Sanibel, FL, has earned the Commitment to Excellence from the National Association of Realtors®. This endorsement goes to Realtors® who have demonstrated knowledge and competency in 10 core areas of real estate practice.

  1. Client service
  2. Professional reputation
  3. Real estate law
  4. Realtor® Code of Ethics
  5. Equal service to all (Article 10 of the Code)
  6. Advocacy of real property ownership
  7. Trust and integrity
  8. Use of technology
  9. Data privacy
  10. Areas of practice

“Launched in November 2018, this innovative program sets the standard for what it means to be a professional in the real estate brokerage business.

“The C2EX endorsement is available only to Realtors®. It is earned through a self-directed program that enables real estate professionals to assess and build on their competency in each of the core areas. As a broker-owner, in addition to demonstrating competency in all 10 areas, Susan Andrews was required to show a commitment to creating and maintaining an environment that promotes excellent customer service consistent with these standards.

““Earning the Commitment to Excellence endorsement is a true accomplishment and an affirmation to consumers that you stand for ethics and professionalism in your work,” says 2019 NAR President John Smaby. “Advances in technology and online user experience are making our business more and more seamless, and that’s fantastic,” Smaby says, “But with new technology can come vulnerabilities. A C2EX endorsement offers consumers the ease of mind that they have a skilled adviser, committed to conducting business at the highest standards, helping them through what may be the largest purchase or sale in their life.”

“The National Association of Realtors® is America’s largest trade association, representing over 1.3 million members involved in all aspects of the residential and commercial real estate industries.

“This is Susan’s 30th year as a Realtor®, first in Virginia and on Sanibel for 27 years. At the Sanibel & Captiva Islands Association of Realtors®, she has served as their President and received recognition as their Realtor of the Year, “Top Gun”, Community Service Award, and she is a 26-year member of their Honor Society. At the state level, as a member of their leadership team since 1998, she also is a 20-year member of the Florida Realtors® Honor Society. At the national level, Susan is the first island Realtor® inducted into the NAR Hall of Fame. Now, she also is first to earn the C2EX Endorsement.”

Shell Market (Bourse) This Weekend

This weekend during the Conchologists of America 48th Annual Convention at South Seas Plantation, is an event known as the largest shell market, “The Bourse”. With free admission and parking, it will feature about 30 vendors selling marine-related items and shells from all over the world. The word “bourse” dates back to the 1500’s in France and means “an exchange”. The Bourse will be open from Saturday June 22 from 1 to 8 p.m. and Sunday June 23 from 9 a.m. to 2 p.m. in the South Seas Island Resort Convention Center, next to Doc Ford’s Rum Bar & Grill, on Captiva. Several island Shell Club pals are volunteering at the event.

Sanibel’s Five-Star Library

Did you know that in 2018, Sanibel Public Library was given the five-star designation? One of just 257 libraries in the nation, Sanibel Library is the only Five-Star in Florida, and one of only three in Florida who have earned Star designation. This is an objective ranking bases on overall circulation, circulation of electronic materials, library visits, program attendance and public internet computer use. With more than 140,000 visits per year and usage rates that consistently rank it at or near the top of all libraries in the state of Florida, locals and visitors alike treasure the Library as a vital community asset.

Library Hours in the summer are:

  • 9 a.m. to 8 p.m. Mondays & Thursdays
  • 9 a.m. to 5 p.m. Tuesdays, Wednesdays, & Fridays
  • Saturdays 9 a.m. to 1 p.m.

Here are some fun summer events and programs for children and youth:

These are all on Tuesdays in June & July at 3 p.m.

  • June 25 – Showtime for Kids – All family & kid show with comedy, magic audience participation, & balloon sculpting.
  • July 2 – Tampa Bay Bats – Educational presentation & chance to see live bats.
  • July 9 – Stories & Slime – Stories & slime-making (for school-aged children)
  • July 16 – Sculpture Craft with the Kellys – Styrofoam sculpture crafting (for elementary school-aged children)
  • July 23 – World of Reptiles with John Storms – With real reptiles, big & small.

Movie Matinee Mondays at 1 p.m. – June 24, July 1, 8, 15, & 22.

Wednesday Family Storytime at 11 a.m. – June 26, July 3, 10, 17, & 24.

Wednesday VIP After-Hours for Teens at 6 p.m. – June 26, July 3, 10, 17, & 24.

Why Aren’t Boomers Downsizing Their Homes?

This article was posted on-line Monday at FloridaRealtors®:

“NEWARK, N.J. – June 17, 2019 – It’s always been a sort of final chapter of the American dream: Get married and have kids. Buy a house. Move to a bigger house. Downsize to a smaller one. But a growing number of aging baby boomers are saying, “No, thanks” to downsizing, choosing instead to remain in the same sprawling houses in which they raised kids and created lifelong memories. “We’re just not seeing that much downsizing,” says Alexandra Lee, a housing data analyst at Trulia, a real estate research firm.

“While many older Americans are still stepping down to smaller homes, they’re doing so later in life. The trend is contributing to a housing supply shortage across much of the country. A more modest home typically means less upkeep and a potential financial windfall as a big chunk of the proceeds from the sale of the larger property can help bolster retirement nest eggs. Boomers, however, are defying the traditional bounds of advancing age just as they rebelled against the establishment in the 1960s and work- and family-centered values in the 1970s in favor of self-fulfillment. “They have refused to follow what the traditional expectations were,” says Barbara Risman, a sociology professor at the University of Illinois at Chicago.

“There are other forces at work. Boomers, generally those age 54 to 73, are working longer and putting off retirement. Many of their millennial children are living with them well into adulthood. And there’s a dire shortage of less expensive, entry-level houses across the country, pushing up prices in that category and making the trade-off less appealing.

“Fifty-two percent of boomers say they’ll never move from their current home, according to a Chase bank survey of 753 boomer homeowners released earlier this year. Chase doesn’t have comparable data from an earlier period. An Ipsos/USA TODAY poll of 45- to 65-year-olds in 2017 found 43% anticipated remaining in their current residence through their retirement, possibly indicating the share of non-downsizers is rising.

“Many boomers are staying in their longtime homes and communities because they’re deferring retirement. About 20% of Americans 65 and older are working or looking for jobs, up from 12.1% in 1996, Labor Department figures show. Older people are staying in the workforce because they’re healthier and will need bigger nest eggs to finance longer retirements, according to Jennifer Schramm, senior strategic policy adviser for the AARP Public policy Institute. Also, many older workers’ retirement savings were hammered a decade ago, she says….

“The tendency to age in place is also rooted in boomers’ better health and desire to stay active.”Baby boomers don’t want to become old in a way that has negative connotations,” Risman says. “Remaining in one’s old house is part of remaining in the prime of one’s life longer.”

“Even when they retire, boomers are staying engaged through volunteer work and other activities, says Phyllis Moen, a sociologist at the University of Minnesota. “They are in the space opening up for the first time in history between the career-and family-building years and the frailties associated with old age,” Moen says. Boomers’ penchant to stay in their long-time homes is likely playing a role in low housing supplies, says Danielle Hale, chief economist of realtor.com. The crunch has improved since last year, but housing stocks are still well below normal levels.

“To be sure, many aging Americans are moving to traditional retirement havens like Florida and Arizona. But even among those who plan to move, 43% want their next home to be the same size as their current one, and 22% want it to be larger, according to a January survey of 50- and 60-year-olds by Del Webb, which builds communities for age 55-plus Americans.

“Trulia analysts believe older Americans are simply deferring downsizing. Both in 2005 and 2016, 5.5% of households 65 and over moved, with that share evenly split between those moving to single-family and multifamily homes, according to a Trulia analysis of Census Bureau data. But in 2016, the youngest age at which seniors moving to multifamily homes began to outnumber those moving to single-family houses was older (late 70s) than it was in 2005 (early 70s)….

Other reasons many boomers are staying where they are:

  • Millennial kids in the house – Millennials have lived with their boomer parents longer than prior generations as those graduating college between 2008 and 2010, in particular, struggled to launch their careers. In 2016, 16.1% of senior households had younger generations living with them, up from 14.4% in 2005, according to Trulia and Census figures.
  • Starter home crunch – The housing supply shortage is especially curtailing the inventory of the kind of smaller, less expensive homes that boomers may target, Hale says. That makes it harder to find a compact house and pushes up its price, reducing the net profits of any downsizing. From 2012 to February 2019, the bottom third of homes with the lowest prices appreciated an average 8.03% a year, versus 6.39% for mid-level homes and 5.01% for the most expensive units, according to a Trulia analysis.
  • Many upgrading, not selling – Many boomers put off renovations during and after the housing crash because they couldn’t take out home equity loans as prices plunged, says Amy Bonitatibus, chief marketing officer for Chase Home Lending. Now that home prices have more than recovered from a skid in prices, the Chase survey showed nearly nine in 10 boomers are looking to make improvements. As a result, many boomers are focused on upgrades rather than downsizing.
  • Many boomers have finally paid off their mortgages and don’t want to start making house payments again.”

Copyright © 2019 North Jersey Media Group Inc.

Don’t Feed Algae

Did you know Sanibel fertilizer ordinances to protect waterways, they include a blackout period from July 1 to September 30. During that time:

  • Fertilizers containing nitrogen and phosphorus CANNOT be applied.
  • Fertilizers cannot be applied within 25’ of a body of water.
  • Fertilizers cannot be applied to impervious surfaces such as roads, driveways, and sidewalks.
  • Fertilizers cannot be applied to storm-water conveyance systems.

Lenders Must Accept Private Flood Insurance Policies After July 1

Posted on-line Tuesday on FloridaRealtors®:

“WASHINGTON – June 18, 2019 – The threat to home closings during a National Flood Insurance Program (NFIP) shutdown may be muted or nonexistent should Congress fail to extend the program in the future. After July 1, a federal law forces mortgage lenders to accept private coverage if it satisfies criteria outlined in the Biggert-Waters Flood Insurance Reform Act of 2012.

“In February, five federal regulatory agencies – the FDIC, Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, National Credit Union Administration and Farm Credit Administration – issued a joint final rule to implement provisions of the Act, which outlines the new private flood insurance mandate and the steps insurance companies and mortgage lenders must follow.

“The rule, which takes effect July 1, 2019:

  • Implements the Biggert-Waters Act requirement that regulated lending institutions accept private flood insurance policies that satisfy criteria specified in the Act
  • Allows institutions to rely on an insurer’s written assurances in a private flood insurance policy stating the criteria are met
  • Clarifies that institutions may, under certain conditions, accept private flood insurance policies that do not meet the Biggert-Waters Act criteria
  • Allows institutions to accept certain flood coverage plans provided by mutual aid societies, subject to agency approval

“Private flood insurance could be offered as a stand-alone policy or as an endorsement attached to a full property insurance policy. Lenders won’t have to verify that a flood policy or endorsement is acceptable, providing it includes the following endorsement: “This policy meets the definition of private flood insurance contained in 42 U.S.C. 4012a(b)(7) and the corresponding regulation.”

“However, the law also allows a lender to do its own due diligence if it prefers not to rely on the statement.

A full copy of the 90-page order is posted on the U.S. Department of the Treasury’s Office of the Comptroller of the Currency website.”

Sanibel & Captiva Islands Multiple Listing Service Activity June 14-21, 2019

Sanibel

CONDOS

No new listings

1 price change: Compass Point #221 2/2 now $699,999.

No new sales.

2 closed sales: Spanish Cay #F7 1/1 $249K, Sundial #G405 1/1 $375K.

HOMES

2 new listings: 1159 Golden Olive Ct 3/2 $1.59M, 852 Lindgren Blvd 3/3 $1.595M.

7 price changes: 1731 Serenity Ln 4/3 now $639K, 823 Birdie View Pt 4/3 now $824K, 760 Cardium St 3/2 now $839.5K, 5659 Sanibel-Captiva Rd 2/2 now $875K, 1345 Tahiti Dr 3/2.5 now $1.15M, 1730 Jewel Box Dr 4/3 now $1.499M, 815 Limpet Dr 3/3 now $1.599M.

1 new sale: 705 Rabbit Rd 3/3 listed at $569,555.

5 closed sales: 3350 Barra Cir 3/2 $620K, 406 Lighthouse Way 3/3.5 $630K, 728 Windlass Way 3/2 $845K, 434 Lake Murex Cir 4/3 $850K, 3850 Coquina Dr 3/3 $980K.

LOTS

1 new listing: 1048 Fish Crow Rd $414.9K.

1 price change: 0 Bunting Ln now $219,555.

No new sales closed sales.

Captiva

CONDOS

No new listings.

2 price changes: Tennis Villas #3217 1/1 now $320K, Lands End Village #1608 3/3 now $2.385M.

No new sales.

1 closed sale: Marina Villas #901 2/2 $750K.

HOMES

No new listings.

2 price changes: 16801 Captiva Dr 3/3.5 now $2.095M, 16596 Captiva Dr 6/8.5 now $6.499M.

No new sales or closed sales.

LOTS

Nothing to report.

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

Here’s hoping that you enjoy your longest day of 2019 & say cool!

Susan Andrews, aka SanibelSusan

Almost Mother’s Day on Sanibel & Captiva


Another sunny Sanibel Friday has arrived. The rainy season may be beginning as the first of the big white summer popcorn clouds rolled in late yesterday which resulted in some island showers last night. This afternoon, after a morning of bright blue sky, it looks like those clouds again are forming on the eastern horizon. Early summer is when rain often come across the state & rolls onto the island from the mainland. The joke is that though the rest of Lee County gets wet from these showers, they always don’t make it to the island – as they don’t have toll money.

This was the first week of the Association of Realtors® off-season biweekly Caravan schedule, so there was no meeting yesterday. There has been some sales activity though, three condos and two homes on Sanibel went under contract this week. I got one of them done last Sunday with folks who viewed Saturday and were at the airport boarding. Gotta love modern technology!

Mom & child

The SanibelSusan Team wishes all the Mom’s a Happy Mother’s Day on Sunday.

The action posted in the Sanibel & Captiva Multiple Listing Service since last Friday follow a couple of news items.

A Look at the Real Estate Market Nationally

REALTOR-Magazine_Logo_Realtor® magazine’s May-June 2019 issue had another article from my favorite economist, Lawrence Yun. Though his comments are about real estate nationally, it has good news.

“Consumer confidence remains high and many people are saying now is a good time to buy. Inventory is also increasing, reducing buyers’ concerns they’ll be elbowed out of the way whey they try to buy.

“But the market is bifurcated. Moderately priced homes are in high demand while upper-end homes are moving slowly. Affordability is what consumers are looking for….

“With the economy set to grow this year, we expect to set a record with more than 120 consecutive months of GDP expansion. More than 20 million net new jobs have been added, and the average wage has increased to $23.18 per hour, up 3.5%, the largest annual rise in a decade. Consumer confidence is following suite; the index reached 124 in March compared to the 50-year average figure of 93. Moreover, 37% of consumers strongly believe now is a good time to buy, according to National Association of Realtors® figures for the 1st quarter of 2019, up from 34% in the prior quarter. Low mortgages rate help. But a good economy and more inventory are also boosting consumers’ outlook….”

“Existing home sales jumped almost 12% in February. NAR Chief Economist Lawrence Yun attributes the surge largely to the Federal Reserve’s plan to keep interest rates low for the remainder of the year. The one-month gain is among the largest ever recorded by NAR.”

Want Flood Insurance for Hurricane Season? Hurry Up!NationalFloodInsuranceProgr

Good reminder article posted on-line at Florida Realtors® on Monday:

“WASHINGTON – May 6, 2019 – While some Florida homeowners have private options, national flood insurance has a 30-day waiting period in most cases – and hurricane season starts in 25 days.

“As it stands now, the entire National Flood Insurance Program (NFIP) expires on May 31, 2019. Should that happen, homeowners won’t lose coverage, but homebuyers may not be able to secure coverage even if it’s demanded by their lender. Congress may have a new plan in place for the program by then, or they may authorize a short-term extension as they have done in the past.

“In any case, homeowners and buyers should prepare for the possibility of another NFIP hiatus. NFIP issued the following commonly asked questions about flood insurance coverage:

Why do I need flood insurance? Standard homeowner’s insurance policies do not cover floods, and it’s wise to consider flood insurance even if you are not required to purchase it. Even if you live outside a high-risk flood zone, called a Special Flood Hazard Area, it’s a wise decision to buy flood insurance. In fact, statistics show that people who live outside high-risk areas file more than 25% of flood claims nationwide.

“It’s often said that wherever it rains, it can flood. So, while flood zones are specific geographic areas where there is a higher statistical probability of a flood occurring, floods do occur elsewhere. Florida, for example, has exceeded that statistical probability, putting more homes and properties at risk than expected over the last five years.

“FEMA calculates that just three inches of floodwater in a home likely will require replacing drywall, baseboards, carpets, furniture and making other necessary repairs. If you don’t have flood insurance, your likely out-of-pocket cost (based on a 1,500-square-foot, one-floor home) is estimated at $15,000. For six inches of water, estimated loss jumps to an estimated $23,000. And 18 inches or more could require repairs to electrical, heating and cooling systems plus replacing doors, appliances and cabinetry. The estimated cost: $30,000.

“How does flood insurance work? If a community participates in the National Flood Insurance Program (NFIP), both building and contents coverage can be included in a policy for homeowners and businesses. Renters can get coverage for contents only. Policies issued by the NFIP pay even if a federal disaster isn’t declared.

“In Florida and other states recently impacted by hurricanes, NFIP streamlined the claims process, enabling policyholders to receive advance payments to jump-start rebuilding. Some policyholders were recently able to get advance payments up to $5,000 without an adjuster visit or additional documentation. Some received advance payments of up to $20,000 if they had photos/video evidence and receipts or a contractor’s estimate.

A Preferred Risk Policy (a lower-cost flood insurance policy) provides both building and contents coverage for properties in moderate-to-low risk areas. This policy can be purchased for as little as $325 per year.

“When should I buy a policy? As soon as possible. There’s a waiting period. NFIP cannot pay a claim without a policy in effect when damage occurs. A new insurance policy from NFIP becomes effective 30 days after you buy it, unless the purchase is associated with the origination, renewal or extension of a federally backed loan on property in a high-risk area.

“Even if I’m not in a flood hazard area, can I purchase flood insurance? Yes, providing your community participates in NFIP. You’re eligible to purchase a flood policy with the same coverage you would receive if you lived in a high-risk area.

“Can I get flood insurance if I’m renting a property? Yes. If you live in a community that participates in NFIP as a renter, flood insurance covers the contents of your home, apartment or business at a rented location. An insurance agent can talk about the costs and ways to lower those costs.

“NFIP policy holders choose their amount of coverage. The maximum for one to four family residential structures is $250,000 in building coverage and $100,000 in contents coverage. For residential structures of five or more units, the maximum is $500,000 in building coverage and $100,000 in contents coverage. The maximum for businesses is $500,000 in building coverage and $500,000 in contents coverage.

“How much will I get from NFIP after flood damage? There are some misconceptions about the amount a policyholder will receive following flood-caused damage. While a policy may state it covers losses up to a certain amount:

  • The amount paid to the policyholder on a homeowner’s flood insurance policy will cover only the cost of actual damage caused by the flood.
  • The amount paid on contents will cover only actual losses caused by the flood.
  • The amount paid to businesses covered for structure and contents will be only for actual losses by the flood.

“Where can I buy flood insurance? Contacting your insurance company or agent. For an agent referral call 800-427-4661 or visit FloodSmart.gov.”

SanibelSusan Realty has the following local insurance providers on their vendor list:

Visit the BIG ARTS Construction Site

If you are wondering about the progress of the new facility being constructed at BIG ARTS on Dunlop Road next to City Hall & the Historical Village & Museum, they have installed a camera on the construction site. You can click on the video all summer on at https://bigarts.org

 

Work is ahead of schedule with the grand opening expected in January 2020. In the meantime, BIG ARTS staff have expanded their temporary office space behind SanibelSusan Realty.

Sanibel & Captiva Islands Multiple Listing Service Activity May 3-10, 2019sancap GO MLS logo

Sanibel

CONDOS

3 new listings: Blind Pass #E202 2/2 $470K, Gulfside Place #326 2/2 $1.449M, Pine Cove #202 3/2 $1.55M.

5 price changes: Sand Pointe #111 2/2 now $684.5K, Island Beach Club #210B 2/2 now $739K, Sundial #P203 2/2 now $899K, Beachcomber #D101 2/2 now $1.05M, Villas of Sanibel #A102 3/3 now $1.295M.

3 new sales: Loggerhead Cay #471 2/2 listed at $544K, Cottage Colony West #112 1/1 listed at $605.9K, Lighthouse Point #229 3/2 listed at $675K.

5 closed sales: Island Beach Club #310B 2/2 $635K, Oceans Reach #4B1 1/1 $680K, Sundial #A201 2/2 $825K, Loggerhead Cay #133 2/2 $870K, Signal Inn #19 3/2 $1.045M.

HOMES

3 new listings: 1550 Centre St 3/2 $665K, 955 Lindgren Blvd 3/2 $985K, 1460 Middle Gulf Dr 3/4.5 $1.949M.

12 price changes: 1357 Jamaica Dr 2/3 duplex now $549K, 681 Rabbit Rd 3/2.5 now $599K, 1441 Sand Castle Rd 3/2.5 now $649K, 1223 Par View Dr 3/2 now $810K, 5659 Sanibel-Captiva Rd 2/2 now $924.9K, 1244 Par View Dr 4/3 now $979K, 772 Birdie View Pt 3/3.5 now $1.169M, 2303 Troon Ct 3/3.5 now $1.189M, 2385 Wulfert Rd 4/5 now $1.299M, 599 Lake Murex Cir 3/3.5 now $1.349M, 4709 Rue Belle Mer 3/2 now $3.199M, 6111 Sanibel-Captiva Rd 5/4/3 now $16.895M.

2 new sales: 5869 Pine Tree Dr 3/2 listed at $595K (our buyer), 9224 Dimmick Dr 3/2 listed at $859.9K.

5 closed sales: 1018 Demere Ln 4/2 $599K, 1160 Junonia St 3/2 $700K, 2510 Harbour Ln 2/2 $1.15M, 928 Beach Rd 4/3 $1.295M, 4355 West Gulf Dr 4/4/2 $5.25M.

LOTS

1 new listing: 2438 Wulfert Rd $349K.

No price changes or new sales.

1 closed sale: 6217 Starling Way $1.3M.

Captiva

CONDOS

Nothing to report.

HOMES

No new listings, price changes, or new sales.

1 closed sale: 11535 Wightman Ln 4/4 $1.73M.

LOTS

Nothing to report.

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

mother-duckUntil next Friday, Susan Andrews, aka SanibelSusan

The clip art to the right is reminiscent of Dave’s open house yesterday on Limpet Dr. He found ducks frolicking in the swimming pool. “When the owners’ away, the ducks will play.”

Happy Mother’s Day!

Easter Blessings Abound On Sanibel


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

Susan Yard 03-18-16

 

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

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

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

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

arter rooney corace 03-30-18

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

SanCap Mtg 03-29-18

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

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

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

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

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

Upcoming Eventseaster61

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

Living Shoreline Approved Along Woodring Road

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

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

Great American Cleanup – Sanibel Canals

Here’s a little scoop from Facebook:

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

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

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

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

Sanibel

CONDOS

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

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

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

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

HOMES

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

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

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

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

LOTS

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

No price changes.

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

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

Captiva

CONDOS

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

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

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

No closed sales.

HOMES & LOTS

Nothing to report.

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

happy-easter4Happy Easter!

Susan Andrews, aka SanibelSusan

 

Sanibel Luminary 2017 Is About to Begin


11-24-2017 beach

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

 

 

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

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

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

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

SanibelSusan Realty Happenings

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

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

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

Upcoming Events

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

2017 Hurricane Season Has Ended – But Issues Linger

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Sanibel

CONDOS

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

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

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

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

HOMES

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

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

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

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

LOTS

1 new listing: 2460 Library Way $349K.

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

No new or closed sales.

Captiva

CONDOS

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

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

No new or closed sales.

HOMES

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

No price changes, new, or closed sales.

LOTS

Nothing to report.

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

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

SanCap Aerial 11-29-2017 Jim Szabo

Photo posted on Facebook by Jim Sazbo SanCap Aerials

Island Life – Getting Back to Normal


It’s SanibelSusan, reporting that there has been good progress this week in getting the islands back in order post-Irma – with more owners returning, more summer projects wrapping up, and more tree debris removed from the sides of local roadways

Post Irma Recovery

Today is the 18th consecutive day of roadside debris collection with three huge trucks and one smaller one working systematically from one end of the island to the other. The latest report from the City said that sweeps will continue until every roadway (public and private) have been serviced twice. So far 40,000 cubic yards of what has been collected has been converted to mulch, with the City finalizing plans to offer it to the community free.

Yesterday bright-and-early, I was excited to have a claw truck removing the huge pile in front of my home. This is a long tedious process with piles growing and utility lines often hampering efforts, but the crew was careful and efficient.

FISH 2017 10 K raceBecause of the main debris collection site being on Island Inn Road, the City is working with F.I.S.H. to come up with an alternate route for the F.I.S.H. annual 10K fundraiser race which is scheduled for October 28. I got a call from Nicole McHale, 2017 F.I.S.H. Board of Directors Chair, asking if I could get Realtor® volunteers willing to work that morning, manning the route, particularly at driveways, to aide in runner and public safety. The call is out, with plenty of us already volunteering.

A little advice to those not back on-island yet, bring patience. Those looking for pressure/window washing contractors and screen repairmen will likely have a wait. I’ve heard that screening material now is in short supply, compounding the delay for some repairs. Last night, the local news reported that it may take months, if not years, for some cage work to be completed. Orange barricade fences are recommended where needed for safety.

I got a letter from my landscaper advising that they expect to have their customers’ properties back to normal by Christmas. So, we are thankful that island damage was minimal and look forward, with patience, to a warm and wonderful fall and winter season.

Sanibel Approves Budget; Irma Plays Big Role

santiva chronicleSanibel City Council met yesterday, below is the article posted this morning at “Santiva-Chronicle” on-line:

Sanibelcityseal logo“Sanibel will operate on a budget lower than last year in 2018 and it will include expenses from Hurricane Irma, higher beach parking rates and a 15% increase in the cost of a membership at the Recreation Center.

“The City Council gave final approval to the 2018 fiscal year budget at a special budget meeting at City Hall on Thursday, Oct. 5. Most of the budget details had been finalized in the council’s regular meeting and budget hearing on Oct. 3 and Thursday’s meeting was a formality.

“The city’s final approved budget total for fiscal 2018 is $60,033,596. It was prepared based on a millage rate of 1.9139, which is the same as last year.

“By everyone’s assessment, the City of Sanibel performed well before, during and after Hurricane Irma, which came through on Sept. 10. The massive post-Irma cleanup has been orderly, but it still goes on and it hasn’t come without a cost.

“Irma caused Sanibel to dip into its 2017 disaster relief money and that is reflected in the new budget’s beginning fund balance. The disaster reserves haven’t been restored to the 2017 level and the city anticipates that state and federal reimbursements might be a long process. The reserve for disasters is budgeted to be reduced from $4.5 million to $3.7 million due to Hurricane Irma recovery expenses.

“The budget hit from Irma is a one-time occurrence, but the city’s budget woes involving beach parking and the Recreation Center are lingering problems. The council addressed both in the meetings leading up to the final budget approval session.

“The deficit in the beach parking fund now sits at $1.8 million. At its regular meeting on Oct. 3, the council on a 4-1 vote raised the hourly beach parking fee from $4 to $5, raised the B decal for non-resident parking from $99 to $124 and the BC decal for non-resident parking with a boat from $198 to $248. The increase goes into effect Nov. 15.

“The gap to make ends meet for the Recreation Center in the tentative 2018 budget was $384,000. The cost of classes at the Recreation Center will not increase, but much is coming under the knife and membership fees are going up 15% following action by the council at the Tuesday budget meeting an in an emergency meeting Thursday just prior to the final budget hearing.

“Several citizens appeared at the Tuesday budget hearing and they were relieved when Mayor Kevin Ruane said at the top of the meeting that class prices at the Rec Center will not go up. None of them complained at the 15% increase the council arrived at after discussion.

“Ruane presented figures showing that the 15% increase will offset $105,000. He also gave figures for 5% ($35,000), 10% ($70,000), 20% ($140,000) and 25% ($175,000). Several times over the past few years Ruane has said that he believes the cost of a membership is a value not offered in other communities. Councilman Jason Maughan picked up on that theme at the Tuesday budget meeting. “We are below one-half where everyone else is,” Maughan said. “I say we raise it 25% and call it a day.” “Is there a sweet spot?” Councilman Chauncey Goss asked. Recreation Department Director Andrea Miller suggested that 10 to 15% would be a good compromise. The council decided on 15% by unanimous vote.

“The second reading and public hearing would have occurred at the Nov. 7 council meeting, but that was moved up to the emergency meeting Thursday, where it passed on a unanimous vote. Since it was an emergency action, the council is required to approve the increase through the normal process in the coming months. The effort to bring the Recreation Center back to financial fitness will also include cuts totaling $76,000 in operating expenses and $156,000 in staff reductions.

“The 2018 final budget adopted Thursday is 3.9% lower than the 2017 adopted budget of $62,468,100 and 8.43% lower than the 2017 amended budget of $65,302,567.

“While the millage rate remains the same as 2017, it will raise more tax dollars. Sanibel’s taxable property value for fiscal 2018 was assessed by the Lee County Property Appraiser at $5.05 billion, which is 6.17% higher than the final posted value in 2017.

“Ruane said Thursday that had it not been for Irma, the city could have gone to the rolled-back millage rate of 1.8132. All of the budget proceedings were to have taken place in September, but were pushed back to October by the passage of Hurricane Irma.”

Water Quality

West wind 2017-10-06.jpgPhoto above taken this afternoon at the beach in front of West Wind Inn. The beach is narrow and the water still churned up from recent rain and wind, but the water looks pretty typical for post-storm.

I had lunch yesterday with a Realtor® pal often involved in continued efforts locally to improve water quality. Many of you have seen the aerial photos showing the discolored water in the bay now. That really does happen whenever there is a big rainfall and dead vegetation is churned up, particularly in mangrove area. Now, exacerbated with Lake Okeechobee releases. According to this week’s report on www.MySanibel.com:

“As of October 2, 2017, the elevation of Lake Okeechobee was 16.47 feet. Click here to see the Current Level of Lake Okeechobee .  The Lake is currently within the Top of the High Sub-band of the Lake Okeechobee Regulation Schedule (LORS2008). The Lake level is currently 0.71 feet HIGHER than it was at this time last year and approximately 1.71 feet HIGHER than it was in 2015.

“Heavy rainfall associated with Hurricane Irma resulted in Lake Okeechobee levels rising dramatically during the past three weeks. This prompted the US Army Corps of Engineers to begin regulatory releases to the estuaries. Click here for links to weekly Caloosahatchee Conditions Reports.

“During this past week, flows at the Franklin Lock averaged 10,497 cfs, with approximately 57% of the flow coming from Lake Okeechobee. Average flows are currently more than three and half times the high-flow ecological harm threshold of 2,800 cfs establish for the estuary, resulting in very poor salinity levels throughout the estuary.

“Water clarity in San Carlos Bay and along Sanibel’s beaches are being impacted by runoff from the Caloosahatchee watershed and discharges from Lake Okeechobee. Click here to see an aerial of the current water conditions at Lighthouse Beach Park.

As my lunch friend said, it is probably inevitable that there will be a bloom of red tide this winter, if not sooner. Please stay involved in efforts to improve water quality. Red tide is a natural phenomenon, but it can be limited/prevented.\

Trump Signs NFIP Extension Into Law

NFIPOn September 8, President Trump signed a 3-month extension of the National Flood Insurance Program (NFIP) that was due to expire on September 30. The signed legislation also authorized $15.25 billion in emergency funding for disaster relief and rebuilding that includes $7.8 billion for victims of Hurricane Harvey.

The program now will remain in effect until December 8. The NFIP provides flood insurance to 5 million homeowners nationwide. Lenders require flood insurance in order to close on mortgage financing if the home is in a flood zone.

The National Association of Realtors® supports the 21st Century Flood Reform Act, H.R. 2874, which passed the House Financial Services Committee a few weeks ago. The bill would reauthorize the program for five years, encourage private insurers to enter the market, cap annual insurance premiums at $10,000, and grandfather existing rates for certain homes that are already covered and in compliance with building standards. It also would make money available for owners to elevate their homes or take other flooding precautions and enable communities to use flood mapping techniques that are more accurate than the government’s. The bill would make a number of other reforms, including improvements to the processes for owners who file a claim or want to submit an appeal. (For updates, go to www.floodsmart.gov )

36th Annual Taste of the Islands

crow 36th tasteC.R.O.W.’s (Clinic for the Rehabilitation of Wildlfe) 36th Annual Taste of the Islands will be held Sunday, November 12, at the Sanibel Community Park (across the street from SanibelSusan Realty). Gates open at 12 p.m. and close at 5 p.m. The event features live music and showcases Sanibel and Captiva Islands’ vibrant and diverse restaurant community. New this year, guests can meet CROW’s Animal Ambassadors in the Sanibel Community House.

Live entertainment will be provided by the LCEC Killa-Watts. This unique musical group started as a fundraiser a few years ago and has grown, benefiting many causes throughout the Southwest Florida community. The core Killa-Watts members have been true to the mission of making music, having some fun, and helping those in need by sharing their talent at little, or no cost to help raise funds for worthy causes. They have opened for Lee Greenwood for a Veterans fundraiser, played dozens of United Way and Chamber of Commerce events, and supported efforts to fight Cancer, Heart Disease, Diabetes, and many other worthy causes.

Admission to Taste of the Islands is $7 and children younger than 12 years of age are free. Guests purchase CROW Bucks to get their “tastes” from participating restaurants. Item prices range from one to six CROW Bucks. Admissions and CROW Bucks are available for purchase at the event and in advance through CROW’s website (click here to buy online) and can be picked up at the Will Call booth at Taste of the Islands. Proceeds from Taste of the Islands ensure CROW’s continued success in providing the highest quality care and treatment of injured, ill and orphaned wildlife through state-of-the-art veterinary care. Funds also support public educational exhibits in the Visitor Education Center. Healthy wildlife means a healthy environment for all of us. For more information about the 36th Taste of the Islands, please visit http://www.crowclinic.org/articles/36th-taste-of-the-islands.

SanibelSusan Realty Scoop

Not a lot of island real estate action this week, but we did get a few inquiries from Sellers thinking about listing for “season” and the roadways are getting busier, indicating they “are back” and inventory may increase.

Florida Realtors logoCommittee assignments for 2018 at Florida Realtors® came out this week. It looks like the old gal isn’t going to be retiring anytime soon. Committee work yields good business connections, so I am happy to serve on the state leadership team again next year. The Mid-Winter Business Meetings are the end of January, with my five committees all during a 2-day window, so it will be a quick trip to Orlando for me then. The other committee obligation in Orlando is during the annual governance meetings in August (that sure seems like a long way off, and appreciated that it’s in what’s typically a slow time here).

We are hopeful that the island will be busy this weekend with some folks celebrating a 3-day Columbus Day holiday. We’ll be working.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoNo Association of Realtors® Caravan this week. The every-other-week schedule was revised to skip two weeks because of the Association’s annual meeting at the end of October. Next Thursday, we will have our new home listing in Gumbo Limbo on Caravan.

The action posted since last Friday in the Sanibel/Captiva Multiple Listing Service is below.

Sanibel & Captiva Multiple Listing Service Activity September 29-October 6, 2017

Sanibel

CONDOS

3 new listings: Lighthouse Point #217 3/2 $499K; Blind Pass #B207 2/2.5 $499,997; Plantation Village #312 3/2.5 $1.79M.

5 price changes: Blind Pass #E205 2/2.5 now $409K, Loggerhead Cay #463 2/2 now $519K, Snug Harbor #312 3/2 now $699K, Sand Pointe #215 2/2 now $719K, High Tide #C101 now $995K.

1 new sale: Sundial West #H406 listed at $789K.

3 closed sales: Sanibel Moorings #931 2/2 $490K, 1311 Sand Castle Rd 3/2 $750K, Royale Tern #103 3/3.5 $1.43M.

HOMES

5 new listings9448 Begonia Ct 3/2.5 $699K (our listing), 585 Lake Murex Cir 3/2 $725K, 707 Cardium St 3/2 $899K, 6123 Starling Way 3/2.5 $1.2999M, 2915 Wulfert Rd 5/6.5 $3.4M.

1 price change: 8995 Mockingbird Dr 3/3.5 now $949K.

2 new sales: 655 Anchor Dr 3/3 listed at $749K, 2628 Coconut Dr 3/2.5 listed at $1.35M.

4 closed sales: 2150 Egret Cir 3/2 $505K, 9455 Beverly Ln 2/2 $525K, 587 Sea Oats Dr 3/2 $660K, 3364 Twin Lakes Ln 3/2 $670K.

LOTS

1 new listing: 6411 Pine Ave $363.5K.

No price changes.

2 new sales: 2501 Wulfert Rd listed at $183.9K, 1026 Fish Crow Rd listed at $395K.

No closed sales.

Captiva

CONDOS

3 new listings: Beach Villas #2523 1/1 $539K, Sunset Captiva #204 2/2 $1.249M, Beach Homes #18 4/3 $3.445M.

No price changes or new sales.

2 closed sales: Bayside Villas #4118 1/2 $337K, Lands End Village #1614 3/3 $2.3M.

HOMES

No new listings.

1 price change: 15831 Captiva Dr 2/2.5 now $4.975M.

No new or closed sales.

LOTS

Nothing to report.

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

Enjoy your weekend!

Susan Andrews, aka SanibelSusan

Almost Thanksgiving on Sanibel & Captiva


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

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

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

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

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

Sanibel & Captiva Islands Association of Realtors®

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

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

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

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

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

sanctuary-speakers-11-17-16

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

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

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

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

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

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

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

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

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

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

Florida Realtors logoPosted on line yesterday at FloridaRealtors®:

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

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

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

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

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

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

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

Upcoming Island Events

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

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

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

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

Sanibel

CONDOS

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

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

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

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

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

HOMES

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

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

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

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

LOTS

No new listings.

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

No new sales.

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

Captiva

CONDOS

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

No price changes, new sales, or closed sales.

HOMES & LOTS

Nothing to report.

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

pilgrims-and-indians_whimsyclipsThanksgiving good wishes to all,

Susan Andrews aka SanibelSusan

Sanibel/Captiva Real Estate & September on Island


It is SanibelSusan – the lone one at SanibelSusan Realty today following a week of September quiet and more summer-like weather. Gulf waters are warm and clear, shell mounds are big, and the boating had been amazing with the occasional summer showers staying mostly inland this week, or at least inland until after dark.

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Long-time (20-year) visiting Swiss client friends were in my office earlier today remarking that they have photographed the most beautiful sunsets this week. They viewed their first-ever green flash too. I am still waiting to see one.

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Sanibel & Captiva Islands Association of Realtors® New Member Orientation

Sanibel realtors logoI participated in the Association’s new member orientation on Tuesday, where our Board of Directors and Committee Chairs urged the newbies to get involved by joining committees and aspiring to become part of the leadership team. It is always interesting to hear what new Realtors® did pre-real estate. Usually several are seasoned sales associates who sold in other parts of the country before coming to SW Florida. This group included a recent college graduate, and several professionals who changed careers (like me) to get here before they are too old to enjoy it. Those have included an engineers, teachers, attorneys, nurses, and an occasional artist or musician.

Continuing Education

Wednesday and Thursday, I completed the 14-hours of continuing education required to renew my Florida real estate license. Years ago, the Sanibel & Captiva Islands Association of Realtors® worked with educators to prepare a class curriculum. It was approved by the Florida Real Estate Commission so sales associates and brokers here can complete these 2-year requirements without driving over the causeway or taking on-line classes. The class is revised and updated every two years.

Day 1, from 9-5, was instructed by Chuck Bonamer, and in three parts: Core Law; Security and Risk Management on the Internet; and Essentials of an Effective Web Presence. Thankfully Chuck Bonamer is one of the most in-demand instructors in Florida, one of those upbeat individuals who loves what he does and does it so well. He is a Realtor® Emeritus too (that’s 40 years plus). His active role in education at the state/national level and work in litigation, coupled with a son in the real estate internet business, keep him savvy, and his material relevant.

SCCF logoMy favorite part of our continuing ed is that Kristie Anders, Director of Education at SCCF (Sanibel-Captiva Conservation Foundation), is a state-approved instructor for the environmental segment of the curriculum. If any of you have taken a profession’s continuing education, I bet many will agree that much of the material covered is stuff that you will rarely, if ever, use. In this environmental segment, we learn things we really use – and use frequently – things that make us better island ambassadors.

2016-09-22-survey-baileyDay 2, from 8-4, with Kristie, began at the 28-acre SCCF Bailey Homestead Preserve. It was a great opportunity to peek back in history, see the latest restoration, tour the grounds and buildings, and hear about the process of its being.

A highlight is the windmill that operated the well that provided water to this Bailey family home that was built in the late 1800’s.

2016-09-22-windmillHard to believe that Mary Bailey moved here with just her three sons and without ever visiting the island. It was a full year before they had a home to live in. (Today, it is one of only ten historic buildings on the island.)

The Native Landscapes and Garden Center (formerly Native Plant Nursery) has moved to the Bailey Homestead Preserve, as has SCCF’s shop.

The gardens illustrate what is best grown in different environmental areas of the island. They offer free advice, sell plants and mulch (and deliver), and more.2016-09-22-garden-ctr

From the Homestead, we traveled to SCCF’s Board Room where their Natural Resource Policy Director, Rae Ann Wessel was in the audience to field questions on the latest federal, state, and local happenings regarding “clean” water and the Everglades restoration. If you haven’t signed the “Now or Neverglades” declaration, it is easy to do online at http://gladesdeclaration.org/

2016-09-22-turtlesIn the Nature Center, we heard about the island’s water supply, where it comes from and how it is processed at Island Water. Then we got up close and personal with an endangered indigo black snake and some local tortoises when we ran into SCCF’s Wildlife and Habitat Management Director, Chris Lechowicz. He heads the Pine Island Sound Eastern Indigo Snake Project, Diamond Terrapin Project, and Box Turtle Project.

After some dip-netting along SCCF’s wetlands, we traveled to Captiva where we boarded “Playtime” which is a 45’ catamaran out of McCarthy’s Marina with Captiva Cruises. As we headed up the channel, we passed the J.N. “Ding” Darling cottage on pilings over the water. He loved it – not his wife!

2016-09-22-dingWith Dr. Rick Bartleson from SCCF’s Marine Lab on board, from there, we headed to RECON Station #39 which is out in Pine Island Sound off Redfish Pass.

2016-09-23-reconThere phone equipment sends data back to the lab every three hours (like “E.T., phone home”). It provides some of the best local weather info – way more accurate than the weather reported from news stations in tall buildings in downtown Ft Myers. Go to http://recon.sccf.org/ if you want to check it out.

Since our classwork is time-sensitive when we docked at Cayo Costa, we only had time to quickly cross the boardwalk to the beach and back.  The photo below is on Cayo Costa beach – likely how Sanibel used to be.

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During the boat trip, Kristie covered life in the estuary, development on the islands, and more on island wildlife flora & fauna. So the next time, I am out showing property, you can be sure there will be talk of protecting the sea grasses; bald eagles, hawks, pelicans, and kites; sea turtle nests and coyotes; puffer fish, trigger fish, and other critters from our waterways. (Photo here showings the beautiful afternoon weather, looking toward Cabbage Key and Useppa Island.)

2016-09-22-useppa-cabbage-key

history-galleryThe class finished at the Captiva Historical Gallery which is within the Captiva Community Center, next to the library.

Constructed to resemble the inside of the old mail boat “Santiva”, viewing this mini-museum is fun and quick. Free too. Photo to the right shows the gallery.

The History of Sanibel’s CHR

Though I have lived full-time on Sanibel for over 24 years, I did not know the entire history of CHR (Community Housing & Resources) until I read it in their fall newsletter. I bet they don’t mind that I repeat it here. It’s a wonderful real estate story.

chr-logo_main“Beginning in 1978, a group of volunteers from Sanibel and Captiva formed with a goal to provide affordable housing in support of the growing island workforce. Community Housing and Resources was formed, and the organization became a 501(c)(3) in 1979.

“CHR’s first effort a providing housing was to secure an old cottage relocated to a lot on Sanibel Island. CHR held a lottery to select who got to live in the house. The chosen couple were obligated to care for the property and when it was sold, CHR would get 20% of the proceeds. The couple ended up living there for 17 years.

“In 1983, the City of Sanibel was working on their tactics to implement the affordable housing policies contained in the Land Use Plan that was written when Sanibel was incorporated. Thanks to very dedicated and persuasive CHR board members, CHR’s model program was developed and pitched to the City, who in response created a housing foundation and hired CHR to fulfill that function. CHR was also granted funding to hire their first executive director. They hired Dorothy Newman who had extensive experience in housing, especially in federal programs. That year she generously donated her entire salary back to CHR (approximately $20K).

“Under Newman’s leadership, the first project developed was land given to CHR by Sam and Francis Bailey. Local company Mariner Properties donated several cottages that were then rebuilt by local builders and turned into two duplexes and one single-family home. It is now known as Beach Road.

“The next property to be completed was at Sanibel Highlands on Whitehall Road, which was finished in 1990, the same year that the unit located at Rabbit Road was acquired. Quickly after, additional land across from the Casa Ybel Resort, a former airstrip, was proposed to be the home of a new golf course. When the City turned down this proposal, the land became zoned for houses and CHR was given a portion of the land to develop into family housing. This became known as Airport Way, which officially became home to residents in 1992.

“CHR then got to work on their next project, Mahogany Way. The land was purchased in 1991 from funds from a Community Development Block Grant (CDBG) and a loan from the City secured by required contributions from the developers of The Sanctuary. Construction costs were financed by CHR’s consortium with seven local banks and Mahogany Way’s 14 units officially opened in Spring 1993. CHR also purchased its four units located in Lake Palms on Wooster Lane in 1992 and 1993 by means of a Community Development Block Grant.

“In the late 90’s/early 2000’s, CHR developed the portion of its program dedicated to serving long-time senior residents on the island, represented by the senior-only property of Casa Mariposa which was opened in 2001. This property is city-owned and backs up to protected preserve land.

“In 2003, CHR agreed on a debt for land swap with the City of Sanibel. CHR-owned properties, Beach Road, Sanibel Highlands, Airport Way and Mahogany Way, were traded ot the City to erase debt. The City now owns the land these properties are located on and CHR leases the land back.

“The Woodhaven property, which was sold to the city by a local land developer, is a 12-unit complex that was completed in 2005.

“CHR’s Riverview complex, which is a two-story, 10-unit building, was purchased in 2009. That same year, CHR acquired a single dwelling located at Algiers Beach as well as opened its complex of duplexes located at Centre Street. Centre Street is now home to eight of CHR’s Limited Equity Ownership (LEO) properties. The other LEO properties are located at Sanibel Highlands (Whitehall Road) and Beach Road.

“Continued funding from grants, private donors, and most significantly, resident rental income, has enabled CHR to continue to offer affordable housing options to the people of Sanibel for nearly 40 years.”

Note: “CHR’s LEO program allows qualified workers of Sanibel to purchase affordable housing on the island. The purchasers of LEO properties own their unit, but the land continues to be owned by CHR, similar to a condo purchase. When the owner is ready to sell, they must sell it back to CHR at a predesignated price.”

Go to www.SanibelCHR.org for more info.

Sanibel Budget Approved

Sanibelcityseal logoOn Wednesday, City Council unanimously approved Sanibel’s new budget which was mentioned in last week’s update. As posted today online at the “Santiva Chronicle”:

“We are coming back from an historic low in 2013 while continuing to drop the millage rate,” said Finance Director Steven Chaipel regarding property values.

“Less than 15% (14.9%) of a Sanibel resident’s tax bill goes to Sanibel with Lee County accounting for 26.2%, Lee County Schools 45.2% and independent special districts 13.7%.

“Tied to the budget are recent ordinances raising the non-resident season beach parking decals 10%, modest increases in fees at the Recreation Center and a restoration of building and development permits that have been waived since the economic downturn of 2008. Also recently approved were 3% increases in sewer and water reclamation fees…

“Wednesday’s budget hearing and final vote was the last in a series of budget hearings and committee meetings that make up the annual budget process….”

Sanibel & Captiva Islands Multiple Listing Service Activity September 16-23, 2016

Sanibel

CONDOS

1 new listing: Tennisplace #E33 2/1.1 $329.5K

1 price change: Cottage Colony West #136 1/1 now $624.9K (our listing, photos below)

No new or closed sales.

HOMES

5 new listings: 970 Palm St 3/2 $525K, 1364 Jamaica Dr 2/2 $629.9K, 3850 Coquina Dr 3/3 $899K, 1234 Middle Gulf Dr 3/3 $1.299M, 1052 Whisperwood 3/3 $1.489M.

2 price changes: 1585 Serenity Ln 3/3 now $589K, 513 Lighthouse Way 3/3 now $1.88M.

3 new sales: 956 Dixie Beach Blvd 2/1 listed at $369K, 1121 Sabal St 3/2.5 listed at $699K, 5771 Baltusrol Ct 3/4 listed at $1.398M.

No closed sales.

LOTS

No new listings, price changes, new or closed sales.

Captiva

CONDOS

No new listings or price changes.

1 new sale: Bayside Villas #5240 1/2 listed at $327K

No closed sales:

HOMES & LOTS

No new listings, price changes, new or closed sales.

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

2016-09-22-john-bailey

As the base of the windmill at SCCF’s Bailey Homestead Preserve

Enjoy your weekend…until next Friday, Susan Andrews, aka SanibelSusan

Happy 100 Years Florida Realtors!


SanibelSusan here with some scoop from the Florida Realtors 100th Anniversary Celebration & Annual Meetings in Orlando.

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After some news, Elise, our SanibelSusan Team Listing Coordinator has added the action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service.
Teammate Dave is out in the field this afternoon, opening a listing for a viewing and then continuing to work with some prospects who started their home search with one of our listings yesterday. As our Closing Coodinator, he says all is on track this week with the progress on our sales in process. It sure works having a flexible well-versed team.

It was a week of activity during what is usually a quiet time on the islands.

Florida Realtors 2016 Convention & Trade Expo

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With some pals from the Sanibel & Captiva Islands Assoc at last night’s concert featuring Party on the Moon

I participated in the Realtor-Attorney Joint Committee meeting this morning. There are changes coming for the 2017 FloridaRealtors/FloridaBar contract, mostly related to financing contingencies and when deposits go “hard”. Changes in Federal banking regulations have made this process more cumbersome, but Florida has made great strides in improving their contracts. I have seen a lot of good changes during my 18 years attending these meetings. Another takeaway is that so far this year, the “as is” contract, which allows a buyer to walk away, has been used more than 80% of the time. We see that contract used more in our area too.

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Event co-chairs Nancy & Deborah with Jay Leno!

The General Session Keynote speaker today was Jay Leno. If possible, I think he is funnier in person. Entertained us for a solid hour plus just talking off the cuff. He ended by giving special recognition to the many charities in Florida that provide housing assistance. Offered a tour any time of his 250+vehicle auto collection in LA to the highest bidder, with the proceeds to these charities. When the bidding got up to $5K, he offered the same to anyone else at the same price. They had already raised $30K when I left the ballroom. Thank you, Jay Leno!
Tomorrow are Professional Standards Forum, Resort & 2nd Home Specialists Forum, and our District meetings in preparation for the Board of Directors meeting on Sunday morning.
Thanks to technology, we convention attendees also have an eye on the weather. Looks like the tropical disturbance between Cuba and the Bahamas has broken up some and is only going to bring rain to Southwest Florida, but conditions are right for redevelopment, so I will continue to follow it. Many of us will be driving home on Sunday so hope for good conditions.

Paul McCarthy – Captiva Cruises

imageWe were sadden this week to hear of the sudden passing of Captiva Cruises’s founder and island icon, Paul McCarthy. He instilled a desire to do more for the community in many, so his spirit lives on. His support toward furthering the education of island Realtors was quiet, but always appreciated. RIP, Paul.

Island Happening & Upcoming Events

Dunes Golf & Tennis Club – Recently reopened after a major summer renovation of the greens and bunkers. They are offering a $40 introductory rate for tee times until September 5.

BIG Arts Community Chorus – The music for fall/winter performances is in our singers hands – though it’s a little odd singing Christmas carols and Hanukkah songs in August. Dates for upcoming events are posted under the above “Upcoming Island Events” tab.

Sanibel & Captiva Multiple Listing Service Activity August 19-26, 2016

Sanibel
CONDOS
No new listings or price changes.
3 new sales: Sandpebble #3D 2/2 listed at $449.9K, Gulfside Place #115 2/2 listed at $1.595M, Somerset #A302 3/2.5 listed at $1.951M.
4 closed sales: Colonnades #C8 1/1 $218.5K, Lighthouse Point #122 2/2 $470K, Sanibel Arms West #H1 2/2 $510K, Oceans Reach #1A1 2/2 $915K.

HOMES
3 new listings: 976 Sand Castle Rd 3/3 half-duplex $495K, 2142 Egret Cir 3/2 $499K, 5657 SanibelCaptiva Rd 3/2 $1.295M.
4 price changes: 5749 Pine Tree Dr 3/3 now $649K, 1429 Jamiaca Dr 3/3 now $749K, 931 S Yachtsman Dr 4/3.5 now $870K, 918 Lindgren Blvd 3/3.5 now $1.295M.
No new sales.
2 closed sales: 2115 Sunset Cir 3/2 $433K, 1520 Angel Dr 4/3/2 $1.15M.

LOTS
No new listings.
1 price change: 1311 Par View Dr now $299K.
No new or closed sales.

Captiva
CONDOS
1 new listing: Bayside Villas #5240 1/2 $327K.
1 price change: Gulf Beach Villas #2004 2/2 now $619K.
No new or closed sales.

HOMES
1 new listing: 16525 Captiva Dr 8/8 $4.2M.
No price changes.
1 new sale: 16167 Captiva Dr 4/3 listed at $1.795M.
1 closed sale: 11530 Paige Ct 4/5.5 $3.299M.

LOTS
Nothing to report.

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

Until next Friday…wishing good weather & clearing sailing to all…Susan Andrews, aka SanibelSusan