Happy 1st Friday in July 2018!


It’s SanibelSusan with the week’s report of the action posted in the Sanibel & Captiva Multiple Listing Service. It follows a couple of news items below.

Lots of folks have been asking about the water, so there is more about that below too. Here’s a photo taken just before the holiday, the further west you go, the better it looks!

Beach 06-28

Follow-Up on Sanibel’s 4th of July Parade & Fireworks

Parade 2018 beginningThe 28th annual island Independence Day parade Wednesday morning was terrific.

2018 parade judgesWith the judges set up right across the street from SanibelSusan Realty, we got to see the 50+ entries at their best.

The parade photo album posted on my personal Facebook page is available for public viewing (at Susan Andrews).

Later, following a huge early evening thunderstorm with heavy rain, the City was forced to cancel the fireworks.2018 Ding parade

Many boaters and causeway hold-outs were disappointed, as it is advertised as “rain or shine”.

The below follow-up notice was posted the next day on www.MySanibel.com.

“Please read this important news release regarding the status of the City’s 2018 Fireworks Display.

“Unfortunately, an early evening storm last night inundated the electrical components that are an essential element of the City’s annual Independence Day fireworks display, which is typically launched rain or shine.

“This morning, all unexploded fireworks were safely removed from the Island by 4 a.m.  Prior to last evening, the City had paid the vendor 50% of the cost of the $20,000 contract.  This afternoon, the City worked with the vendor who has agreed to credit the entire $10,000 down payment towards the City’s 2019 fireworks display.

This scenario eliminates the risk of a second cancellation due to weather during the rainy season as well as the additional labor expenses of a re-scheduled fireworks display.  The City of Sanibel again apologizes for any inconvenience resulting from last evening’s failure to launch.”

Sanibel & Captiva Islands Association of Realtors

Sanibel realtors logoNo caravan of new listings this week, but next Thursday morning will be “open” Caravan.

Also next week, I will be working with the Association’s Communications & Public Relations Committee as they finalize plans for our upcoming “Meals of Hope” food packaging event on July 24 from 3 to 5 p.m.

meals_of_hope(1)Last year, we hosted our 1st event like this and packed 28,000 meals in less than two hours. It’s fun, fast, furious, and for such a good cause. The meals are distributed by Meals of Hope to local food banks, including F.I.S.H. of Sanibel-Captiva food pantry. Our goal this year is again to pack at least 20,000 meals. That requires 50 volunteers and $5,000 to defray the food cost. Teammate Elise and I have already contributed and signed up to help. If you’d like to participate too, contact Megan at the Association Office, 239-472-9353, megan@SanibelRealtors.com.

Island Summer Projects Underway

  • Bailey Tract still is closed with the restoration project which began in early June. Work was scheduled to be completed in four to six weeks, so should be done soon.
  • New Pavers at Spanish Cay – The west half of the parking lot is done, looks terrific. A nice improvement over the black hard-top.
  • Roadway Trimming continues along Periwinkle Way and Tarpon Bay Road.
  • Temporary Library Closure The Sanibel Public Library will be closed for a few weeks beginning Monday, July 9. As part of the next phase of “Your Library Reimagined” project, this interruption is to complete utility work and relocate library materials. The Library’s eShelf for eBooks and downloadable movies, music, and magazine, will be available during this time, however the children’s special events on July 10 and 24 have been moved to the Community House. More info on the Library’s calendar at www.sanlib.org. No definite reopening date yet.

2018 Hurricane Season May Not Be So Busy After All

USATodayLOGOThis morning, FloridaRealtors® posted on-line the below article from USATODAY.com. Good news!

“Some good news from top hurricane forecasters: The 2018 Atlantic hurricane season should be quieter than normal, according to a new prediction this week.

“Meteorologist Phil Klotzbach and other experts from Colorado State University – regarded as the nation’s top seasonal hurricane forecasters – predict 10 named tropical storms will form, of which four will become hurricanes.

“That is a sharp decrease from their forecast in April, when they said seven hurricanes would form. One system, Subtropical Storm Alberto, already formed in May.

“If the forecast comes to fruition, 2018 will be a welcome relief after the 2017 season, which saw monsters like Hurricanes Harvey, Irma and Maria tear paths of death and destruction across the Caribbean and the U.S.

Hurricanes need warm ocean water to develop and strengthen.

“El Nino is a natural warming of tropical Pacific Ocean water, which tends to suppress the development of Atlantic hurricanes. During an El Nino, strong upper-level winds roar across the Caribbean and Atlantic, tearing apart developing tropical storms.

“In its most recent forecast, the Climate Prediction Center gave a 50% chance of an El Nino forming in late summer or early fall.

“”With the decrease in our forecast, the probability for major hurricanes making landfall along the United States coastline and in the Caribbean has decreased as well,” Colorado State said. The probability of direct hit on the U.S. coast from a major hurricane – classified as a Category 3, 4, or 5 on the Saffir-Simpson scale – is down to 39% from 63%.

Sanibel’s “Sweet Melissa” Going to New Orleans

sweet-melissa-sHere is a notice for island foodies. Sanibel’s Melissa Donahue-Talmage, owner/chef of Sweet Melissa’s Café was just announced as one of the eight chefs participating in the 2018 Chef’s Taste Challenge on September 7 at the New Orleans Ernest N. Morial Convention Center.

Tickets go on sale next week for this one-night culinary clash called the “Battle-of-the-Gulf Edition” which is a one-of-a-kind cooking competition and culinary experience. Participating chefs include:

Wondering About the Water?

Sanibelcityseal logoBelow are links to the panoramic aerials taken on July 4th, posted on the City’s website. The reduced water releases from Lake “O” are helping in clarity of the water, but the news of algae up in the Caloosahatchee River is disheartening, so we must continue to keep the pressure on.

Thanks to Sanibel Mayor Kevin Ruane and others for leading the charge. More details on www.mySanibel.com.

Lighthouse Beach Park Aerial Image:

Link to 360° panoramic view of Lighthouse Beach Park taken July 4, 2018; SanCap Aerial

Gulfside City Park Aerial Image:

Link to 360° panoramic view of Gulfside City Park taken July 4, 2018; SanCap Aerial

Bowman’s Beach Aerial Image:

Link to 360° panoramic view of Bowman’s Beach Park taken July 4, 2018; SanCap Aerial

Sanibel & Captiva Islands Multiple Listing Service Activity June 29-July 6, 2018

sancap GO MLS logoSanibel

CONDOS

1 new listing: Sundial #H108 1/1 $475K

No price changes.

2 new sales: St Croix #4 2/2.5 listed at $995K, By-the-Sea #C102 2/2 listed at $1.149M.

5 closed sales: Tennisplace #D31 1/1 $215K, Sanibel Moorings #1312 2/2 $538K, Loggerhead Cay #214 2/2 $615K, Sanddollar #A104 2/2 $815K, Sundial #Q404 2/2 $897K.

HOMES

4 new listings: 4245 Gulf Pines Dr 3/2 $775K, 707 Cardium St 3/2 $879K, 1225 Seagrape Ln 3/3 $899K, 1740 Middle Gulf Dr 3/3 $989K.

6 price changes: 325 East Gulf Dr 1/1 now $569K, 1323 Par View Dr 3/2 now $629K, 746 Cardium St 4/2 now $690K, 1043 Sand Castle Rd 3/2 now $749K, 617 Lake Murex Cir 3/2 now $797K, 772 Birdie View Pt 3/3.5 now $1.369M.

2 new sales: 1555 Bunting Ln 2/2 listed at $569K, 734 Anchor Dr 3/2 listed at $899K (our listing).

7 closed sales: 956 Dixie Beach Blvd 2/1 $400K, 9225 Belding Dr 3/2 $400K, 1938 Roseate Ln 3/2 $465K, 3825 Coquina Dr 3/3 $815K, 1001 Lindgren Blvd 3/2 $845K, 805 Lindgren Blvd 3/3 $900K, 1316 Eagle Run Blvd 4/3 $1.23M.

LOTS

2 new listings: 1246 Sand Castle Rd $299K, 5170 Sea Belle Rd $334.9K.

No price changes, new or closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

1 new listing: 14865 Captiva Dr 4/4 $1.699M.

1 price change: 16447 Captiva Dr 6/5.5.5 now $3.5M.

1 new sale: 15155 Wiles Dr 3/2 listed at $1.249M.

No 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

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

 

Friday the 13th on Sunny Sanibel


ShellsIt’s SanibelSusan, reporting another week of progress on sunny Sanibel Island. More storm debris piles have disappeared, more cars are on the roadways, many of the establishments closed in September have reopened, and the shelling continues to be fantastic.

Several of our listings had inquiries this week. Both teammate Dave and I have been out showing property, while teammate Elise’s report below of the action posted in the Sanibel/Captiva Islands Multiple Listing Service show that the only two Sanibel condo sales this week were at SanibelSusan Realty. You know we are thankful for that! Otherwise a slow week. The other island sales include two Sanibel homes and a single Captiva condo.Friday 13th

The island is experiencing periodic outages of both internet and phone service this afternoon, so this weekly update is short.

(Maybe related to Friday the 13th?).

Sanibel & Captiva Islands Association of Realtors\

Sanibel realtors logoAt the Thursday morning Caravan meeting yesterday at the islands’ Association of Realtors®, there were just a handful of new listings announced, but attendance was up with many affiliates and agents there.

Everyone is ready for “season” to begin.

Upcoming Events & Re-Openings

ding darling 2017“Ding” Darling Days – Beginning on Sunday, Oct 15, with “Free Family Fun-Day” including live wildlife presentations, a traveling learning lab, butterfly house, wildlife arts and crafts, free Wildlife Drive admission and tram tours, plus hot dogs. During all of next week, there are birding, biking, paddling, and boating tours, plus special daily programs. It wraps up next Saturday, Oct 21, with “Free Conservation Art Day” where attendees can meet Federal duck stamp artists and enjoy cartooning, nature photography, wood-carving demo. Free Wildlife Drive admission that day too. See full calendar of events at www.dingdarlingdays.com.

Museum LogoSanibel Historical Village and Museum – Reopens Tuesday, Oct 17, and will be open Tuesdays through Saturdays from 10 a.m. to 4 p.m. Guided tours are at 10:30 a.m. and 1:30 p.m.

Water Quality Presentation – On Tuesday, Oct 24, from 10:30 to 11:45 a.m. hosted by the Environmental Awareness Committee of the Captiva Island Yacht Club. Panel presentation and discussion called “Sanibel-Captiva Current Beach Water Quality Issues”.

Captiva yacht clubPanelists include James Evans, Director of City of Sanibel’s Department of Natural Resources; Dr. Eric Milbrandt, Director of the Marine Lab at the Sanibel-Captiva Conservation Foundation; and Dr. Erhard Jones, an environmental engineer and professor emeritus at the University of Wisconsin.

Hallo’Tween 2017 – Twice the fun this year at ‘Tween Waters Inn with two parties in one night: Outdoors on the Captiva House Patio, with a DJ and indoors at the Crow’s Nest with dancing to the country and rock sounds of the Gatlins.Hallo Tween 2017

Annual costume contest at midnight with a $1,000 grand price, plus more cash prizes, and lots of ‘Tween Waters Inn gifts.

$10 admission at the door.

Sanibel & Captiva Multiple Listing Service Activity October 6-13, 2017

sancap GO MLS logoSanibel

CONDOS

4 new listings: Tennisplace #E33 2/1.5 $320K, Beach Road Villa #104 2/2 $473K, Sanibel Arms #F2 1/1 $499.9K, Loggerhead Cay #153 2/2 $919.9K.

No price changes:

2 new sales: Ibis at The Sanctuary #B102 2/2 listed at $449.9K (our Listing), Cottage Colony West #138 1/1 listed at $575K (our Buyer).

Ext Front

Ibis at The Sanctuary Building B

 

 

CCW 138

Cottage Colony West at Casa Ybel Resort

 

3 closed sales: Ibis at The Sanctuary #B201 2/2 $470K, Sanctuary Golf Villages I #6-2 2/2.5 $627K, Lighthouse Point #327 3/2 $815K.

HOMES

8 new listings: 915 Palm St 3/2 $475K, 5292 Umbrella Pool Rd 3/2 $569K, 1550 Centre St 4/3 $715K, 9446 Beverly Ln 3/3.5 $899K, 5690 Sanibel-Captiva Rd 3/3 $996K, 1304 Eagle Run Dr 3/3 $1.2M, 529 Lighthouse Way 3/3 $1.295M, 1255 Isabel Dr $1.795M.

4 price change: 1710 Sand Pebble Way 3/2 now $659K, 1350 Middle Gulf Dr 3/3 half-duplex now $899.9K, 1743 Venus Dr 4/3.5 now $1.67M, 2167 Starfish Ln 4/4.5 now $2.195M.

2 new sales: 981 Sand Castle Rd 3/2.5 listed at $499K, 5305 Umbrella Pool Rd listed at $579K.

3 closed sales: 1311 Sand Castle Rd 3/2 $750K, 931 S Yachtsman Dr 4/3.5 $800K, 732 Windlass Way 4/3.5 $1.05M.

LOTS

1 new listing: 1028 Bayview Dr $2.195M.

2 price changes:  Lot 27, Leisure Acres now $79.9K, 667 Birdie View Pt now $345K.

No new sales.

1 closed sale: 6159 Starling Way $610K.

Captiva

CONDOS

No new listings.

1 price change:  Bayside Villas #5228 1/2 now $419.5K.

1 new sale: Beach Homes #8 3/2 listed at $2.625M.

2 closed sales: Tennis Villas #3118 1/1 $250K, Beach Villas #2517 1/1 $475K.

HOMES

1 new listing: 38 Sea Hibiscus Ct 2/2 $1.049M.

No price changes or new sales.

1 closed sale: 11500 Chapin Ln 4/4.5 $1.65M.

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 weekend to all…

Susan Andrews, aka SanibelSusan

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

Kicking Off Florida Realtors 2017 & Sanibel/Captiva Real Estate is Hoppin’


Dream big.jpgSanibelSusan’s report today is mostly from the FloridaRealtors Mid-Winter Business Meetings in Orlando. It has been a whirlwind few days ending with the Inaugural Banquet of the 2017 leadership team last night.

joel-trophy

Sanibel/Captiva Islands Assoc of Realtors 2017 President Joel Goodman with our awards for 2016.

It is always an honor to be on the audition panel for new Florida real estate instructors. That was my Wednesday workday from beginning to end – or at least until the Sanibel & Captiva Islands Association of Realtors® was presented four RPAC (Realtor Political Action Committee) awards that evening. A recent water study funded with RPAC dollars was presented that very same day to state legislators in Tallahassee, as it continues to help our cause in working for more than 20 years to improve area water quality.

 

Yesterday, the morning Leadership Think Tank and later breakout sessions on Legislative Issues and Resort & 2nd Home Specialists zeroed in on several issues near-and-dear to us. The state legislature only had a small number of bills before them last week, but hundreds if not thousands more were expected by today. Of importance to us are those related to rental restrictions, water quality, insurance, and taxes. You can be sure FloridaRealtors® work every day to protect the rights of property owners.

During my few days away, business has been booming on Sanibel so I headed back to the island immediately after the Professional Development Committee meeting this morning. Thank goodness for technology and my teammates Dave and Elise who have been going above-and-beyond. Dave accompanied three showings this afternoon while Elise finished this update and summarized the week’s activity.  We are happy to report two closings and lots of showings this week. The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Services follows just one news item below.

Real Estate Trends: Florida ‘Outperformed’ the U.S.

Florida Realtors logoThe following is a report from FloridaRealtors® online. It summarizes one of the meetings yesterday in Orlando.

“In 2016, Florida’s economy outperformed the nation in part because of better job creation, according to several economists who spoke to a standing-room-only crowd of about 500 Realtors® at the 2017 Florida Real Estate Trends event Thursday during Florida Realtors Mid-Winter Business Meetings.

“National Association of Realtors (NAR) Chief Economist Lawrence Yun noted that the pace of U.S. home sales in 2016 at 5.5 million was “the best in a decade.” Since it’s nowhere near the 7.2 million sales peak in 2006, however, it leaves room for continued growth in 2017. And while interest rates are trending higher, it hasn’t had a dampening effect on home sales.

““A 4.2% mortgage rate is still a great rate,” Yun said. “As long as we’re around the 4 to even 5% mortgage rate, home sales are likely to stay on pace. As mortgage rates rise, job creation – which Florida excels at – could be a great neutralizer and good for home sales. In fact, Florida is outperforming the country because of better job creation.”

“Other speakers who shared their views on 2017 included Dr. Elliot Eisenberg, a nationally known economist and former senior economist with the National Association of Home Builders (NAHB); Michael Johnston, Florida regional sales manager, Wells Fargo Home Mortgage; Dr. Julie Harrington, director of Florida State University’s Center for Economic Forecasting and Analysis; and Dr. Brad O’Connor, chief economist for Florida Realtors.

““The good news, here in Florida, you’re in the right place,” Eisenberg said. “The South is the right division to be in – the economic recovery here has been much more robust. Florida is doing fine economically, unemployment is OK, and foreclosures are diminishing.”

“He agreed with Yun that while mortgage rates will continue to rise this year – albeit slowly – the markets will be fine as long as jobs are being created.

““Housing is improving, but in fits and starts,” Eisenberg said. “There’s not enough inventory of homes for sale, and builders aren’t building, especially at the entry-level. Bigger houses are being built, but it’s not profitable for builders to construct more affordable homes.”

“Eisenberg cited worker shortages, burdensome land-use regulations and costs – land, labor and regulation – as some of the constraints homebuilders face when it comes to building entry-level homes.

““We have to try a myriad of solutions, but getting the land costs down and easing land-use regulations will be the single most important factor in solving this issue,” he said.

“According to Eisenberg, forces at work in Florida and across the U.S. that are dampening real estate sales include:

  • Low inventory – December 2016 data, which is just a few days old, shows that the existing single-family home inventory nationwide is 3.6 months; in Florida, it’s 3.9-month months. A 6-month supply is generally considered a balanced market between buyers and sellers.
  • New model of renting – Six million single-family units have been taken off the market because institutional investors snapped up many homes during the Great Recession and created a new method of renting.
  • Mortgage rate lock – many people don’t want to sell because they’ll lose the really low mortgage rate they’re currently paying.

“When it comes to financing, lenders are in a technology race to provide a digital, user-friendly experience. Their goal is to make the mortgage process easier for the customer, said Michael Johnston, Florida regional sales manager for Wells Fargo Home Mortgage.

““Today, 42% of homebuyers are millennials,” he said, “and with 92 million more millennials coming up, it will be an even bigger part of the housing market over the next five years. A recent survey found that 93% of those aged 18-34 intend to buy a house sometime in their future. Millennials are always online, so creating a digital mortgage experience for them is critical.”

“Johnston shared research showing that millennials value the expertise of Realtor professionals during the home buying process. “While they will go online to do home shopping, they do want to consult a trusted advisor along the way,” he said.

“The condominium market is an important part of the overall real estate market, and often offers an affordable option for buyers, according to Johnston. “In Florida, the condo market is healthy and robust,” he said.

““Condos make up 28% of all home sales in Florida; nationally, it’s 12%.”

“Dr. Julie Harrington, director of Florida State University’s Center for Economic Forecasting and Analysis (CEFA), previewed elements of an economic impact study on Florida’s SHIP and SAIL funds by county that Florida Realtors commissioned CEFA to conduct. SHIP stands for State Housing Initiatives Partnership program, while SAIL stands for the State Apartment Incentive Loan program.

“As data is collected and analyzed, researchers will construct an economic forecasting model for Florida’s future affordable housing needs, and the data will also be used to compile statewide economic impact numbers for the SHIP and SAIL programs, Harrington said.

“Looking ahead to the coming months, Florida Realtors Chief Economist Brad O’Connor announced to Realtors that the state association plans to soon release housing data metrics for Florida specific to cities and zip codes. Applause greeted his announcement. O’Connor anticipates having the new statistics starting on Feb. 9, which coincides with the release of the fourth quarter 2016 and 2016 year’s end data from Florida Realtors. The statistics will be available to members at www.floridarealtors.org/research (password-protected).

“Looking at all of 2016, the statewide existing homes market remained stable but was also relatively “flat,” according to O’Connor, though part of the reason for that year-to-year analysis was that “2015 was a pretty darn good year, sales-wise.”

“He also pointed out that a shortage of housing inventory in markets across the state, particularly for properties values at $200,000 or less, is impacting closed sales and putting pressure on median prices. Another factor: Sales of distressed properties continue to fall.

““In 2015, 10% of Florida’s housing inventory was distressed at the end of each month,” O’Connor said. “This past year, it’s been 5%, and it’s going to keep going down in 2017.””

Sanibel & Captiva Multiple Listing Service Activity January 20-27, 2017

sancap GO MLS logoSanibel

CONDOS

9 new listings: Sanibel Arms West #H1 2/2 $535K; Sanibel Arms West #J3 2/2 $535K; Loggerhead Cay #443 2/2 $549K; Loggerhead Cay #252 2/2 $589K; Surfside 12 #A1 3/2 $799,999; Sundial West #K203 2/2 $879K; Sundial East #Q404 2/2 $899K; By-The-Sea #C302 2/2 $1.695M; Somerset #E202 3/2.5 $1.699M.

5 price changes: Coquina Beach #3C 2/2 $449K, Loggerhead Cay #253 2/2 now $549K, Loggerhead Cay #152 2/2 now $899K, Atrium #201 3/3 now $1.495M, Tamarind #A102 2/2 now $1.595M.

5 new sales: Coquina Beach #4C 2/2 listed at $449.9K, Seawind #A108 2/2.5 listed at $519K, Heron at The Sanctuary III #1B 3/2.5 listed at $619K, Sundial East #O401 2/2 listed at $729K, Sundial East #O407 2/2 listed at $1.199M.

5 closed sales: Sanibel Arms West #J6 2/2 $485K, Seawind #A103 2/2.5 $538K, Sunset South #11C 2/2 $592K (our listing), Pointe Santo #E37 3/2 $1.375M, Golden Beach #2 3/2.5 $1.3925M.

HOMES

6 new listings: 1631 Sand Castle Rd 3/2.5 half-duplex $499K, 1651 Sand Castle Rd 3/2.5 half-duplex $499.5K, 1954 Roseate Ln 3/2 $554K, 1252 Sand Castle Rd 3/2 $659K, 1862 Farm Trl 3/2 $675K, 2857 Wulfert Rd 4/5 $1.75M.

9 price changes: 980 Sand Castle Rd 3/3 half-duplex now $489K, 3008 Singing Winds Dr 2/2 now $499K, 1746 Windward Way 3/2 now $535K, 1040 Sand Castle Rd 3/2 now $619K, 2195 Par View Dr 3/2 now $750K, 5757 Pine Tree Dr 3/2.5 now $799.9K, 4775 Rue Helene 4/3 now $845K, 5240 Caloosa End Ln 3/3 now $979.9K, 5657 SanibelCaptiva Rd 3/2 now $1.195M.

3 new sales: 5105 SanibelCaptiva Rd 4/3 listed at $649K, 815 Birdie View Pt 3/3 listed at $1.199M, 598 Kinzie Island Ct 3/3.5 listed at $1.595M.

7 closed sales: 1411 Sandpiper Cir 2/2 half-duplex $430K, 1983 Roseate 2/2 $505K, 533 Rabbit Rd 3/2 $530K (our listing), 3019 Poinciana Cir 5/3.5 $890K, 521 Lighthouse Way 3/2 $938K, 1052 Whisperwood Way 3/3 $1.325M, 1717 Jewel Box Dr 3/3.5 $2M.

LOTS

2 new listings: 4565 Bowen Bayou Rd $239,555; 1415 Sanderling Cir $398K.

2 price changes: 2486 Wulfert Rd now $189,555; 1311 Par View Dr now $279K.

1 new sale: 2501 Wulfert Rd listed at $199.9K.

No closed sales.

Captiva

CONDOS

No new listings.

1 price change: Beach Villas #2614 2/2 now $614K.

No new sales.

1 closed sale: Beach Cottages #1406 3/2 $995K.

HOMES

5 new listings: 11490 Dickey Ln 3/2 $1.049M, 11539 Wightman Ln 2/2 $1.575M, 13500 Palmflower Ln 4/4 $1.795M, 16455 Captiva Dr 4/4.5 $2.495M, 11559 Laika Ln 2/2/2 $6.995M.

1 price change: 16163 Captiva Dr 3/2 now $2.549M.

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

No closed sales.

LOTS

Nothing to report.

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

Causeway sunset 1-18-17.jpg

Wondering what it’s been like on Sanibel? Here’s a recent sunset photo…beautiful as always! Enjoy your weekend!

Susan Andrews aka SanibelSusan

Another Picture-Perfect Friday on Sunny Sanibel


beach-a

It is Susan and The SanibelSusan Team reporting that it was back to sunny days on-island this week. An absolutely picture-perfect one today, with temperatures in the mid-70’s. A little more Florida-winter type weather is expected on Sunday when a breezy cool front arrives with a few showers. Luckily those fronts don’t last long here and it again is expected to be sunny and back to the mid-70s by mid-week.

Island Real Estate Action

We still are not seeing lots of real estate activity which traditionally picks up each year sometime from mid-to-late January. Could be that the Saturday visitor turn-over this weekend will bring more action. The rental organizations tell us that will be the 1st week of the year with high-season occupancy. Even more check-ins are expected the following weekend as it gets closer to the 1st of the month.

sancap GO MLS logoYou will notice from the report below of the activity posted in the Sanibel & Captiva Multiple Listing Service that homes continue to be the predominate seller. Many price changes were posted this week too, with sellers recognizing that just 2+months of “high season” remain.

Over the last seven days on Sanibel, there were just two condo sales and two lot sales, but 12 home sales. One our new listing in Seagull Estates. During the same period, there were 17 price changes. That is a lot for a week mid-January.

Sanibel & Captiva Islands Association of Realtors®

San Cap LogoAt the Thursday Realtor® Caravan meeting yesterday, I gave a quick spiel about our 2017 Communications & Public Relations Committee kick-off meeting.

We discussed reaching out to local non-profits & becoming a year-‘round collection point for donated goods: things like non-perishable food items for the FISH pantry, old cell phones and hotel-sized toiletries for ACT, gently-used clothing for church charities in Immokalee; bedding for Bedz for Kidz which is part of Lee County’s Guardian ad Litem Foundation.

The committee is looking for more ways to be involved in the community in a cooperative way so are soliciting suggestions from local organizations and non-profits for what donation items they need and if here is a particular time of the year when most needed. Also, if there are small hands-on projects that could use a team of 5-10 volunteers to get them done.

With this year’s message “Together, We Make a Difference”, you will see monthly press releases about our members’ community involvement. Those members include not just Realtors® and their office staff, but also our affiliate members, including the bankers, inspectors, builders, decorators, contractors, title companies, attorneys, and other service business partners, who also are an important part of our organization.

Looking Back on Hurricane Season

Island Water logoInteresting tidbit noticed when I was catching up on my reading last weekend. The Winter 2016 issue of the “IWA Pipeline” (Island Water Association’s newsletter) said:

“Believe it or not, once more, the National Weather Service reports it has been over eleven years since a major hurricane has made landfall on the continental United States. Hermine was a Category 1 hurricane, and although Matthew was a Category 3 storm as it approached the Florida coast, technically it never made landfall, as the eye stayed just off the coast.”

Prospective buyers often ask about flooding and storms. What can we tell them? I often remind them that the island is mostly sand, so that water even after a heavy rain usually disperses quickly. We also can tell them about how the Sanibel River has a lock system and how water can be released, but that it’s rarely necessary. We also can say that weathermen tell us that we are in an area where there is probability of a hurricane every 100 years. Then the question is – do we start counting the 100 years from Hurricane Charley in 2004 or from the last time the island flooded from a hurricane – in the 1920’s? Either way, it’s just part of island life. From May to November, residents should have a hurricane plan and listen carefully to weather reports.

Sanibel Signs Water Quality Compact

santiva chronicleThe following was posted yesterday on-line at the “Santiva-Chronicle”.

“Much of Sanibel’s definitive white paper, Caloosahatchee Watershed Regional Water Management Issues, was adopted in the water quality compact of 164 communities and 19 counties.

“Sanibel was instrumental in the drafting of a new water quality compact that is the largest compact in Florida history, and on Tuesday, January 17, the City Council put its name to it.The City Council voted unanimously for a resolution pledging the city’s support in the Lake Okeechobee Regional Compact.

“The compact calls for cooperation among the 164 towns and cities and 19 counties in the Northern Everglades and Lake Okeechobee watershed. It calls for all to work together toward a comprehensive plan addressing environmental and economic challenges associated with discharges from Lake Okeechobee and to develop a joint strategic plan to successfully meet those challenges.

“Mayor Kevin Ruane and Sanibel Director of Natural Resources James Evans were instrumental in the drafting of the resolution through the Florida League of Cities. Evans is the author of Sanibel’s definitive white paper on water quality, Caloosahatchee Regional Water Management Issues. Ruane chaired the session where the resolution was adopted.

““It’s the largest compact the state of Florida has ever done,” Ruane said. “It’s a compact for all 164 cities and we are pleased that the resolution was adopted with the majority of the white paper in it.”

“The resolution calls for each local government to collaborate while also recognizing the individual needs of a diverse consortium of towns, cities and counties. It calls for a joint policy position to urge the U.S. Congress and the Florida Legislature to develop and fund the necessary plans to improve regional water conditions.

“The resolution states:

“The adopted Regional Action Plan shall, at a minimum, include the following components:

  1. A list of those local and regional projects and programs all parties to this compact mutually agree are critical to Everglades restoration, protection and improvement of local water supplies and water quality, enhancement of natural area and the economic vitality of our communities.
  2. Local Projects/Programs: Septic maintenance and septic to central sewer programs; local fertilizer ordinances and fertilizer education programs; storm water best management practices (BMP’s); agricultural BMP’s; golf course BMP’s.
  3. Current Regional Projects: The Comprehensive Everglades Restoration Plan (CERP) and the projects identified on Integrated Delivery Schedule (IDS) including, but not limited to, Rehabilitation of the Herbert Hoover Dike; Central Everglades Planning Project (CEPP); C-43 West Basin Reservoir; C-44 Reservoir; Tamiami Trail Bridging Project; Lake Okeechobee Watershed Planning Project; and the Kissimmee River Restoration Project.””

Sanibel & Captiva Multiple Listing Service Activity Jan 13-20, 2017

Sanibel

CONDOS

1 new listings: Sunset South #2A 2/2.5 $749K.

4 price changes: Tennisplace #E33 2/1.5 now $319.5K, Blind Pass #F106 2/2 now $449K, Donax Village #3 2/2 now $478K, Loggerhead Cay #434 2/2 now $619K.

2 new sales: Loggerhead Cay #181 2/2 listed at $699K, Sunset South #4A 2/2 listed at $799K.

3 closed sales: Mariner Pointe #622 2/2.5 $600K, Sanctuary Golf Villages I #3 2/2.5 $625K, Sandpiper Beach #504 2/2 $765K.

HOMES

7 new listings: 3021 Singing Wind Dr 3/2 $539K, 5299 Umbrella Pool Rd 3/2.5 $625K, 1807 Buckthorn Ln 3/2.5 $749K, 519 Lagoon Dr 4/2 $849K, 863 Lindgren Blvd 3/2 $979K, 3944 West Gulf Dr 3/3 $1.099M, 815 Birdie View Pt 3/3 $1.199M.

13 price changes: 1714 Bunting Ln 3/2 now $499.9K; 1602 Serenity Ln 4/2 now $499,999; 1710 Sand Pebble Way 3/2 now $699.9K; 5100 Sea Bell Rd 4/2.5 now $729K; 1334 Junonia St 3/2 now $739K; 1943 Sanibel Bayou Rd 3/3 now $775K; 1683 Bunting Ln 3/3 now $779,555; 225 Daniel Dr 3/2.5 now $799K; 2920 West Gulf Dr 3/2 now $939K; 789 Pyrula Ave 4/2.5 now $1.095M; 4428 Waters Edge Ln 3/2.5 now $1.199M; 518 N Yachtsman Dr 3/3 now $1.449M; 6111 SanibelCaptiva Rd 5/4/3 now $22.095M.

12 new sales: 2401 Shop Rd 2/1 listed at $278K, 474 Lake Murex Cir 2/2 listed at $399K, 1390 Middle Gulf Dr 3/3 half-duplex listed at $529K, 810 Elinor Way 3/2 listed at $599K, 174 Southwinds Dr 2/2 half-duplex listed at $659K, 1153 Sabal St 3/2.5 listed at $699K, 525 N Yachtsman Dr 3/2 listed at $749K, 239 Daniel Dr 3/2 listed at $1.099M (our listing), 785 Birdie View Pt 3/2.5 listed at $1.149M, 2302 Wulfert Rd 4/5 listed at $1.595M, 775 Conch Ct 4/3 listed at $1.595M, 1314 Seaspray Ln 3/3 listed at $2.7M.

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239 Daniel Dr, Seagull Estates

 

5 closed sales: 3118 Twin Lakes Ln 3/2 $550K, 3941 Coquina Dr 3/2 $650K, 2549 Harbour Ln 3/2 $726K, 910 Victoria Way 3/3 $1.2M, 5125 Joewood Dr 4/4 $2.35M.

LOTS

No new listings or price changes.

2 new sales: 497 Sea Oats listed at $499K, 629 Lighthouse Way listed at $1.095M.

No closed sales.

Captiva

CONDOS

No new listings or price changes.

2 new sales: Tennis Villas #3121 1/1/2 listed at $255K, Bayside Villas #5228 1/2 listed at $335K.

1 closed sale: Bayside Villas #4214 1/2 $315K.

HOMES

1 new listing: 14981 Binder Dr 3/1 $1.149M.

1 price change: 4 Sunset Captiva Ln 3/2.5 now $2.345M.

1 new sale: 11524 Andy Rosse Ln 5/5.5 listed at $2.695M.

No closed sales.

LOTS

Nothing to report.

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

Until next Friday, wishing you sunny days!

Susan Andrews, aka SanibelSusan

beach

Winding Up July 2016 on Sunny Sanibel


Island Real Estate Happenings

Sanibelsusan LogoThis week, SanibelSusan Realty worked with the first of this year’s “pre-season” buyers. It’s a little earlier than we typically see those folks, as that wave of business usually begins shortly after schools are back in session. school busHere, Lee County Schools go back early – on August 10 – so maybe some island lovers already are thinking about winter!

We received another nice home listing this week – a rare 5-bedroom in a unique private lake-front location – on Sunrise Circle. Following some exterior spruce-ups this weekend, it will be professionally filmed next week with photos featured here next Friday.

The action posted since last Friday in the Sanibel & Captiva Islands Multiple Listing Service follows a few news items below. First a quick update on island inventory:

Sanibel

98 condos for sale today, average asking price $740,536, average days-on-market = 214

94 condos sold this year, average sale price $753,658, average days-on-market = 189

Beach

(6 of these sales were SanibelSusan listings, 3 were condos sold by Susan)

 

135 homes for sale today, average asking price $1,533,126, average days-on-market = 250

125 homes sold this year, average sale price $980,527, average days-on-market = 171

5743 Baltusrol exterior

(2 of these sales were SanibelSusan listings)

 

62 lots for sale today, average asking price $476,355, average days-on-market = 430

17 lots sold this year, average sale price $584,074, average days-on-market = 684

 

Arrow Aerial.jpg

(2 of these sales were SanibelSusan listings)

 

Captiva

32 condos for sale today, average asking price $774,122, average days-on-market = 402

13 condos sold this year, average sale price $940,846, average days-on-market = 209

 

31 homes for sale today, average asking price $3,166,664, average days-on-market = 326

17 homes sold this year, average sale price $3,017,500, average days-on-market = 252

 

3 lots for sale today, average asking price $2,015,000, average days-on-market = 626

2 lots sold this year, average sale price $3,150,000, average days-on-market = 365

Local Happenings, Openings/Closings

bleu rendezBleu Rendezvous French Bistro – has invited their friends, locals, and stay-cationers to join them over the next couple of weeks, before they close for a short break on August 21 – reopening early October. In the meantime, they are open at 5 p.m. Tuesdays through Saturdays. They have some fun special summer foodie events too. http://bleurendezvous.com/

Doc Ford’s Rum Bar & Grille – Elise and I got a late lunch here Wednesday after preparing an inventory at our new listing on Rabbit Road. Manager, Liz, told us that as final inspections are being completed, the staff is happily unpacking their new kitchenware at their new building on Tarpon Bay Road. Doc Fords SanibelThey are so excited to have all new stuff and to be moving soon – probably in just a few weeks. In the meantime, their Rabbit Road location remains open.

San-Cap Road Vegetation Trimming – from Tarpon Bay Rd to Blind Pass continues through tomorrow with one lane of traffic intermittently closed.

The Real Scoop About Local Water Quality

sccf marine lab headerThis afternoon, the Sanibel-Captiva Conservation Foundation is holding a public meeting at SCCF’s Nature Center to discuss their RECON (River, Estuary, & Coastal Observing Network) and Florida Atlantic University’s IRLON (Indian River Lagoon Observatory Network of Environmental Sensors). Both of these provide real-time monitoring of water quality conditions and produce real-time data.

This capability gives scientists, water quality managers, and the public the ability to observe present conditions and plan for the future. SCCF pioneered their new technology beginning in 2007 and they manage eight sensors in the Caloosahatchee and around Sanibel/Captiva.

This is good information – unlike the plethora of recent hype and negative press. Here’s what the “Santiva Chronicle” has to say about today’s presentation as it relates to the islands:

“Dr. Eric Milbrandt, Director of the SCCF Marine Laboratory, will be presenting data from RECON to show how freshwater and subsequent algae blooms affected the lower estuary as a result of the 2015-2016 El Nino. The record breaking rainfall and flood control policies caused unusually low salinities and high tannins (colored dissolved organic matter) around Sanibel.

“At locations in the lower estuary, such as McIntyre Creek, in “Ding” Darling National Wildlife Refuge, and Tarpon Bay, phytoplankton blooms occurred when Lake Okeechobee and the watershed flows exceeded 3,000 cubic feet per second (cfs). Other observations from the upper Caloosahatchee by Dr. Rick Bartleson showed the unusual blue-green algae bloom that was prevalent for the past 2 months.”

Island waters gulf side remain clear, but we have had little rain this week. Here is a photo taken bayside near the lighthouse, followed by one on the other side of the island and further up the beach on West Gulf Dr.

2016-07-29 Bayside 2016-07-29 West Gulf Dr

HealthPark  – A Most Beautiful Hospital

Golisano CHildrens HospitalMost of us don’t like to think about days when it may be necessary to have a hospital stay, but the “Island Sun” reports today that “HealthPark Medical Center (just off island) ranked 18th in the Top 20 Most Beautiful Hospitals in the United States for 2016 by Soliant Health, a leading provider of specialized healthcare staffing services whose travelers have observed the link between beautiful hospitals and pleased patients as they work in facilities around the country.

“In addition to being an award-winning hospital recognized for high quality cardiology, pulmonary, critical and surgical care, HealthPark Medical Center is also known for its beautiful design – both inside and out – which promotes healing and comfort for patients and their families….” It also “is home to the innovative Shipley Cardiothoracic Center and Golisano Children’s Hospital of Southwest Florida – which is the only children’s hospital between Tampa and Miami….”

Utah tops the list this year with four hospitals in the top 20. Florida has three, including HealthPark. More about Soliant Health’s Top 20 Most Beautiful Hospitals at http://blog.soliant.com/most-beautiful-hospitals/2016.

Sanibel & Captiva Islands Multiple Listing Service Activity July 22-29, 2016

Sanibel

CONDOS

4 new listings: Tennisplace #D21 1/1 $229K, Mariner Pointe #1412 1/1 $399.9K, Sandpebble #3D 2/2 $449.9K, Somerset #A302 3/2.5 $1.951M.

1 price change: Blind Pass #D105 2/2 now $449.9K.

2 new sales: Colonnades #C8 1/1 listed at $229K, Sundial #A203 1/1 listed at $724.5K.

2 closed sales: Heron at The Sanctuary II #2B 3/3.5 $645K, Sundial East #M301 2/2 $675K.

HOMES

2 new listings: 1295 Par View Dr 3/2 $829K, 2010 Sunrise Cir 5/3 $899K (our listing).

2 price changes: 956 Dixie Beach Blvd 2/1 now $369K, 789 Pyrula Ave 4/2.5 now $1.19M.

2 new sales: 1635 Sand Castle Rd 3/2.5 half-duplex listed at $464K, 4440 West Gulf Dr 3/3 listed at $1.29M.

3 closed sale: 676 Emeril Ct 3/2 $729.9K, 1487 Sand Castle Rd 3/2.5 $758K, 4353 Gulf Pines Dr 3/2.5 $1.355M.

LOTS

No new listings or price changes.

1 new sale: 5290 Punta Caloosa Ct listed at $299K.

No closed sales.

Captiva

CONDOS

1 new listing: Beach Villas #2525 2/2 $649K.

1 price change: Tennis Villas #3131 2/2 now $405K.

No new sales.

1 closed sale: Bayside Villas #5302 3/3 $602.5K.

HOMES

1 new listing: 1114 Schefflera Ct 4/3.5 $2.35M.

2 price changes: 11537 Laika Ln 4/3 now $1.595M, 1135 Schefflera Cct 4/4.5 now $3.995M.

No new or closed sales.

LOTS

Nothing to report.

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

Until next Friday, here’s another Sanibel sunset.

They are also so special in the summer!

Happy weekend…Susan Andrews, aka SanibelSusan

2016-07-29 Sanibel Sunset

Hibiscus, Frangipani, Bougainvillea, oh my…


It’s SanibelSusan reporting that even with the upcoming 3-day holiday weekend, it has been another quiet week on the islands.

This year, many prospective visitors and buyers have inquired about water quality. This week, surrounding waters – both bay and gulf – are back to a clear glistening bright blue. Social media is full of terrific photos. Here’s a favorite.

beach 05-24-16

Below are a few news items, followed by the action posted in the Sanibel & Captiva Multiple Listing Service over the last seven days.

Island Abloom

In addition to the sparkling waters creating some wonderful photo opportunities, many trees here are in bright bloom. May is always a special month for that.

In my travels this week to Sanibel Moorings, the crab apple, orchid, and Royal Poinciana trees were just past their prime, while in The Dunes I spied flowering hibiscus and frangipani.

Hibiscus Tree 05-16.jpg

Hibiscus tree on Sand Castle Road in The Dunes.

 

Apple 05-16.jpg

Sanibel Moorings where their grounds officially became a botanical garden in 2009. Public tours are available Tuesdays at 9 a.m., but advance appointments needed.

 

Frangipani Dunes 05-2016.jpg

Frangipani blooming in The Dunes.

 

My yard too is busting out in bloom.

My house 05-16.jpg

My favorite tree is the flowering bougainvillea, but the smaller bougainvillea, drift roses, & geraniums are happy in May too!

Quiet May

I try to get out of the office every day for a short lunch with business colleagues. Being in a small office and involved in the Realtor® leadership team, it’s a good way to stay in the loop and up-to-date on island scoop. When workload permits, it has been my routine for years. Through that time I’ve found that noon-time occupancy at island restaurants is a good gauge of how busy the islands are. When popular spots have few patrons, and the out-of-the-way spots are empty, you know things are slow. Those were the findings this week.

So, if you are planning a future trip to the islands, be sure and add May as an optimum time. Not only is it beautiful and the weather great, but it is quiet too! Also a good time to look at real estate since fewer properties are occupied.

Sanibel & Captiva Islands Association of Realtors®

Sanibel realtors logoThe islands Association of Realtors® met yesterday for a Caravan Meeting. Attendance was light at this meeting too.

Since through the summer, the Association meets only every two weeks, there were several announcements including our new listing at Loggerhead Cay #264 (which this year should gross a whopping $60K).

View.jpg

View from Loggerhead Cay #264, top floor, asking $598,300

I announced two listing price reductions too (Coquina Beach #3G to $499K and Sanibel Moorings #822 to $449K).

Beach b

The gulf in front of Coquina Beach.

 

Pool b.jpg

Sanibel Moorings is like a mini-resort, this is just one of the pools.

 

Other Realtor® announcements included several other new listings. It’s an unusual time of the year for those.

Today, Sanibel condo inventory is back up over 100 units again, 78 have sold/closed year-to-date. There are 159 Sanibel homes for sale, with 89 sold/closed this year. Average condo asking price is $792K. Average home price $1.365M.

In Captiva, 33 condos are for sale, 9 have sold/closed this year. There also are 33 Captiva homes for sale, with 14 sold/closed so far in 2016. Average condo asking price is $871K. Average home price $3.421M.

Sanibel & Captiva Islands Multiple Listing Service Activity May 20-27, 2016

Sanibel

CONDOS

5 new listings: Mariner Pointe #813 2/2 $449K, Compass Point #222 2/2 $689K, Sundial West #A203 1/1 $724.5K, Loggerhead Cay #103 2/2 $1.079M, High Tide #A302 3/2 $1.795M.

5 price changes: Blind Pass #A102 2/2 now $399K, Coquina Beach #3G 2/2 now $499K (our listing), Surfside 12 #B1 3/2 now $899K, Surfside 12 #B3 3/2 now $1.124M, Pine Cove #102 3/2 now $1.479M.

2 new sales: Seashells #14 2/2 listed at $379K, Sanibel Moorings #421 2/2 listed at $449K.

5 closed sales: Coquina Beach #5D 2/2 $353K, Sanibel Siesta #402 2/2 $515K, Lighthouse Point #325 2/2 $815K, Yacht Haven #2 3/2 $925K, Seascape #301 3/3 $1.15M.

HOMES

6 new listings: 610 Donax St 5/3 multi-family (lease-hold) $450K, 5240 Caloosa End Ln 3/3 $1.0799M, 615 Hideaway Ct 3/2.5 $1.195M, 2251 Starfish Ln 4/3.5 $1.295M, 519 Kinzie Island Ct 3/2.5 $1.45M, 1842 Woodring Rd 3/3.5 $2.449M.

5 price changes: 340 East Gulf Dr 2/2 now $599K, 4648 Buck Key Rd 3/2 now $619K, 588 Hideaway Ct 3/2 now $744.5K, 1112 Olga Ave 6/2.5 duplex now $874.5K, 584 Kinzie Island Ct 3/4 now $1.795M.

3 new sales: 441 Lake Murex Cir 3/3 listed at $569K, 938 Strangler Fig Ln 2/2 listed at $599K, 4014 West Gulf Dr 3/2/2 listed at $1.595M.

5 closed sales: 1216 Par View Dr 3/2 $715K, 1438 Albatross Rd 4/3 $770K, 841 Lindgren Blvd 2/2 $850K, 767 Sand Dollar Dr 3/2 $1.3M, 830 Limpet Dr 4/4.5 $1.46M.

LOTS

1 new listing: 2479 Harbour Ln $535K.

1 price change: 6519 Pine Ave now $895K.

No new or closed sales.

Captiva

CONDOS

Nothing to report.

HOMES

Nothing to report.

LOTS

No new listings or price changes.

1 new sale: 16298 Captiva Dr listed at $4.999M.

No closed sales.

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

Memorial Day Eagle FlagHappy Memorial Day Weekend!

Susan Andrews, aka SanibelSusan

Baywaters Back to a Glistening Blue


It has been another nice weather, low traffic week on Sanibel. The Sanibel/Captiva Realtors® Caravan Meeting held yesterday had light attendance with several colleagues from the local leadership team and office staff being in DC as described in the write-up below.

After a few other news items is a summary of the action posted in the Sanibel & Captiva Islands Multiple Listing Service over the last seven days. Note our new listing at Loggerhead Cay. Known as Sanibel’s Rainbow, it earns phenomenal income!

Realtors® Gathered in Washington This Week

NAR_midyear_logo_hp2014_conventionThousands of Realtors® from across the nation met with legislators, regulators and industry leaders this week during their annual Legislative Meetings and Trade Expo. More than 8,500 Realtors and guests have been in Washington, D.C. attending these meetings which began Monday and run through tomorrow. As posted earlier on “FloridaRealtors®”:

“There is a wide range of residential and commercial real estate issues that are of high importance to Realtors and are coming to a head right now, so we’ll be using the strength of our combined voices to remind members of Congress to maintain sound real estate markets,” says National Association of Realtors (NAR) President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Fla., who served as Florida Realtors president in 2003. “Furthermore, we’ll be setting the stage for next year, after the elections, when House and Senate leaders on both sides of the aisle are expected to move tax reform proposals,” Salomone adds.

“Conference attendees will hear from industry and political leaders, including Housing and Urban Development (HUD) Secretary Julián Castro, who will discuss student loan debt. U.S. Sen. Elizabeth Warren (D-Mass.), will share perspectives on housing finance and student debt; political pollsters Peter Hart and Bill McInturff will offer insights into the mood of the country and its impact on the 2016 presidential and congressional campaigns; investigative journalist and author Bob Woodward will share his thoughts on the presidential elections; and Wells Fargo economist Mark Vitner will discuss financial and commercial real estate markets. NAR Chief Economist Lawrence Yun will also share residential and commercial real estate market updates and forecasts.

“Throughout the week, Realtors will also visit Capitol Hill and meet directly with members of Congress and their staff to discuss the legislative and regulatory environment’s effect on residential and commercial real estate. Among the high-profile policy issues that Realtors will raise:

  • Extending the Mortgage Forgiveness Debt Relief Act
  • Maintaining important real estate tax policies
  • Federal Housing Administration reforms
  • Ensuring Fannie Mae and Freddie Mac mortgage guarantee fees aren’t extended, increased or diverted for unrelated government spending

“Attendees will also be conducting in-person meetings with officials and staff at the White House and more than a half dozen regulatory agencies, including the Environmental Protection Agency, Federal Housing Finance Agency, Department of Agriculture’s Rural Housing Service, Department of Transportation’s Federal Aviation Administration, and the Department of Veterans Affairs.”

Sanibel Plays Flood Insurance Points Game

santiva chronicleIt can be challenging describing to prospective island property owners how Sanibel fits into the federal flood insurance equation. These buyers often think that because Sanibel is a barrier island that flood insurance is not an option and if available it would be cost prohibitive. Homeowners and lenders, however, often want the protection of this insurance.

The below article was posted on line yesterday by “Santiva-Chronicle”. Written by their Editor David Staver, it is a good explanation of the changes that went before Sanibel Planning Commission this week.

“Flood insurance. It’s a points game. That means keeping score and it should be simple. It’s anything but simple.

NationalFloodInsuranceProgr“The Sanibel Planning Commission gave its approval Tuesday, May 10, to the removal from the city code of a pair of flood insurance-related restrictions that are no longer required by the Federal Emergency Management Agency. They are the five-year cost accumulation period and the 50% rule for substantial improvements.

There’s no use going into what those two restrictions are since they will come off the books in July when the City Council can give final approval to their removal. No one will have to worry about them after July and anyone who has been hampered by them knows how they work. But the complexity of them is a microcosm of flood insurance – the points game.

“The points game begins with a community’s rating which is somewhere between 1 and 10. Hitting it with a broad brush, a community with a 1 will never flood and a community with a 10 not only will flood, but doesn’t care either.

“Sanibel obviously cares and its rating is 5. That gives property owners here a 25% discount on flood insurance premiums. Recently the consulting firm TetraTech did a detailed analysis of the city’s flood insurance status. What the city learned is that 5 is about as good as its going to get here. TetraTech identified what Sanibel would have to do to achieve a 4, and, for that matter, a 3 and a 2 too. Most of that was out of the question. Hitting it with a broad brush again, any development in the city would basically have to go three feet more in the air than it is now. That’s something the City Council doesn’t think Sanibel can stomach without undue hardship.

“It’s all about points. Raising everything in the air would get a bunch of points in the Community Rating System. Towns and cities that aren’t flood prone get a bunch of points for just being where they are. Sanibel is an island. It will never score well in this critical category. So it has to go looking for points elsewhere to make sure it keeps its Class 5 rating in the CRS, which is constantly adjusting what and how many points it awards for this and that.

There are some low-hanging points. The CRS changed the way it provides points for telling prospective buyers more about the floodplain risk. TetraTech said the city could snag 20 points by preparing a flood depth map and then making it available and publicizing it. Sanibel has already contracted with Johnson Engineering to make the map and no city does publicity better than Sanibel, so that’s 20 points to be had.

“More points are also to be had with better public outreach, says TetraTech. Again, Sanibel is on the case. The city has coordinated with Lee County and surrounding communities to form a Multijurisdictional Program for Public Information. The MJPPI requires an annual commitment for public outreach and obligates the city to print brochures and do mailings throughout the year. That’s money and more work, but it’s points that can be had.

The TetraTech report found that the cost accumulation and 50% rules were no longer applicable and by July they will be gone. That won’t hurt the city’s rating. In the meantime Sanibel is trying to build up its point total from its sea level location. It’s all about location and when it comes to flood insurance, it’s about points too.”

Progress on Projects on Sanibel Island

SCA-View-2.jpg

Rendering of the new Sanibel Community House renovation

Community House Renovation – With its $3 million capital campaign nearly complete, the Sanibel Community Association board and staff members gathered Monday at The Community House to officially break ground on a six-month reconstruction, restoration, renovation and expansion project. Improvements to the nearly 90-year old structure will include: restoration of historic North Room; new exterior olde-Florida design including new roof, porch-style entry/drop-off area; redesign inside creating a more open flexible floor plan; kitchen redesign/update and expanded restrooms; new conference room; redesign of offices/storage spaces updating audio, video, – in 1927, more than 50 island organizations and over 50,000 attendees use The Community House each year. Congrats to my friend, fellow-BIG ARTS Chorus alto, and architect Amy Nowacki who completed the renovation design.

1927 Community House North Room

The Community House in 1927

 

AT&T Donax cell towerAT&T Cell Service – Gotta love it when you get info about island happenings from FaceBook. Tuesday, City Manager Judie Zimomra posted this photo of the work underway on the cell phone tower (aka tall flag pole) on Donax Street. AT&T is adding their equipment there. Those of us living on Sanibel’s east-end are all anxious for the work to be complete. For years, my home has required its own min-cell tower to get coverage. Hopefully when this is done, east-end cell service will improve.

LCVCB logoLee County Visitor & Convention Bureau – Yesterday, City Manager Zimomra also posted a photo taken at the local tourism board where she said they “voted to approve $2.43 million in grants from bed taxes to the City of Sanibel to protect and maintain our beaches in their natural state…thanks to our Mayor Kevin Ruane for his support through the process and the excellent work by all the staff on the teams that prepared our grant applications…our Friends at Ding Darling were awarded an addition $35,000 for educational purposes.”

Summer Vegetation Trimming Begins – On Monday, May 16, from 7:30 a.m. to 5 p.m., vegetation along the west side of Tarpon Bay Road will be trimmed from Island Inn Road to West Gulf Drive.

Water Quality Continues to Improve

bay May 2016

1st week of May 2016 – San Carlos Bay toward the causeway

 

Good news reported this week by the “Islander” when it was posted that “The clarity of the waters surrounding Sanibel Island continue to see improvements as less flow is released from Lake Okeechobee.

“James Evans, Director of Natural Resources said as of Monday, May 2, the elevation of Lake O was 14.15 feet dropping approximately 0.93 feet during the past month. He said as long as the dry conditions persist the lake should be 13.5 feet by June 1, which should put them in good position going into the rainy season.

“”There’s different weather patterns that are starting to form. The water managers are really focusing on a potential strengthening La Nina pattern and that could mean a drier wet season,” Evans said. “Obviously as we move into the raining season with a dryer pattern, there could be some concerns about water supply. It’s the balance between getting water out of the lake, but not too much water to make sure we have water for dry season flows next fall and winter and having water supply for the Everglades agricultural area and other parts of the system.”

“Because of the drier conditions in April, the Corps have steadily been cutting back on the release of Lake O. On April 22, they reduced the pulse released from 3,000 to 2,500 CFS. On April 29, further reductions were made from 2,500 to 2,000 CFS.

“If you have noticed driving across the causeway the water is getting quite clear out there and along our gulf beaches are really starting to clear up,” Evans said, which is great.

“He said although the target flows are around 2,000 CFS, they are seeing slightly higher average flows. Evans said the flows are closer to 2,700 CFS, so it is surprising that the water is as clear as it is out in the bay right now.

“He said about 90% of the water they are receiving right now is coming from the lake because there is no rainfall in the watershed. With the improved water clarity, he said they are seeing better salinity, which in turn is helping the oyster beds and sea grass.

“Mayor Kevin Ruane said they have divided responsibilities among the council to talk about water quality. He said the “white paper” walks about what they would like and what is necessary, all science based and adopted by Florida entities.

“Vice Mayor Mick Denham said one of the misunderstandings is that even if they could completely stop the flows from Lake O coming down the Caloosahatchee they would still get some issues with water in the estuaries that they do not want. He said they get a good amount of water from the Caloosahatchee Basin when there is a rain event.

“”If we could stop flows from Lake O we would still get flows from the Caloosahatchee Basin. A flow way south is part of the solution. I think call the flow way south is an incorrect statement. It really should be described as a storage treatment and conveyance system,” he said. “That would be part of the solution, but not the complete solution,”

“Ruane said their job is to be advocates and educate people.

“A revised draft of the “white paper” will be on the agent for consideration in June.”

Sanibel & Captiva Islands Multiple Listing Service Activity May 6-13, 2016

Sanibel

CONDOS

ExpandedAerialFromGangl3 new listings: Loggerhead Cay #264 2/2 $598.3K (our listing), Mariner Pointe #943 2/2.5 $649K, Loggerhead Cay #174 2/2 $869K.

3 price changes: Seashells #14 2/2 now $379K, Loggerhead Cay #331 2/2 now $499K, Tanglewood #1A 3/2 now $1.179M.

3 new sales: Sundial West #H110 1/1 listed at $299K, Coquina Beach #5F 2/2 listed at $495K, Heron at The Sanctuary II #2B 3/3.5 listed at $665K.

6 closed sales: Kimball Lodge #244 1/1.5 $330K, Sand Pointe #213 2/2 $570K, Pointe Santo #C41 2/2 $795K, Tanglewood #3 3/3 $1.25M, Gulfside Place #117 2/2 $1.25M, Gulfside Place #306 3/2 $1.3575M.

HOMES

3 new listings: 242 Christofer Ct 3/2 $745K, 421 Lake Murex Cir 3/2 $829K, 984 Oyster Ct 3/3 $2.1M.

7 price changes: 956 Dixie Beach Blvd 2/1 now $399K, 5105 Sanibel-Captiva Rd 4/3 now $679K, 3941 Coquina Dr 3/2 now $699K, 1429 Jamaica Dr 3/3 now $789K, 660 Oliva St 3/3 now $938.5K, 2311 Starfish Ln 4/3 now $1.249M, 1306 Seaspray Ln 3/4 now $3.945M.

5 new sales: 848 Rabbit Rd 3/2 listed at $379.9K; 2150 Egret Cir 3/2 listed at $489K; 3927 Coquina Dr 3/2 listed at $599,995; 830 Limpet Dr 4/4.5 listed at $1.545M, 1245 Isabel Dr 3/3.5 listed at $1.548M.

6 closed sales: 1631 Sand Castle Rd 3/2.5 half-duplex $435K, 1139 Buttonwood Ln 2/1 $595K, 600 East Rocks Dr 3/2 $655K, 1258 Par View Dr 3/2 $700K, 1111 Schooner Pl 3/3 $885K, 6011 Clam Bayou Ln 3/3 $1.2M.

LOTS

1 new listing: 2133 Starfish Ln $439K.

No price changes.

1 new sale: 6217 Starling Way listed at $1.295M.

No closed sales.

Captiva

CONDOS

No new listings.

1 new sale: with Bayside Villas #5106 1/2 listed at $289K.

No 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.)

Until next Friday, here’s hoping the wonderful weather continues…Susan Andrews, aka SanibelSusan

Beach (Medium)

Just Another Happy Friday on Sanibel Island


It’s another Friday and time for another report from SanibelSusan. Island visitors this week should be happy. The weather has been terrific – temperatures in the low 70’s with bright blue skies and sun shiny days. The outlook for the beaches and waterways has improved too.

white-pelicans from trip advisor

Several of our listings again had showings this week. We had another nice closing – lot in The Dunes. Our condo listing at Compass Point went under contract too. Before the activity posted in the Sanibel and Captiva Multiple Listings Service, here are a couple of news items – most highlighting water initiatives.

Sanibel/Captiva Association of Realtors Monthly Membership Meeting

Sanibel realtors logoThe islands’ Association of Realtors® had their monthly membership meeting yesterday with updates by two affiliate members. Birgie Miller, Executive Director of the “Ding” Darling Wildlife Society, who sponsored the breakfast and Dave Owens, from Midland IRA and 1031, who spoke on tax-deferred exchanges.

Ding Darling Society logo“Ding” Darling Wildlife Society – Birgie’s pitch included reminders that the J.N. “Ding” Darling National Wildlife Refuge now covers 7,608 acres with 35 species of mammals, 102 species of fish, 272 bird species, 60 species of reptiles and amphibians, 14 threatened and endangered species, and more than 750,000 visitors each year. “Ding” Darling Wildlife Society has four Realtor® board members and encourages everyone who enjoys the islands to join at www.dingdarllingsociety.org.

1031 Exchanges – During Dave Owen’s update, he reminded us that he first talked to island Realtors about tax-deferred exchanges in the late 90’s, they were fairly new to the island. Back then it was common for property owners here to exchange out of an investment rental condo into another one of higher value. Today, he said the most common scenario has changed. The states with the most tax-deferred exchanges are California, followed by Texas, then Florida. He said that today, more investors are coming out of investment properties in a highly taxed northern state and buying in Florida to defer capital gains and other taxes.MidIRALogoREV

In summary, a deeded property that qualifies for a 1031 exchange is one that is used for business, investment, property rented out or used in business, or land, if it was held for speculation. Property that does not qualify are primary residences, second homes with little or no rental history, or property not intended for business or investment use. Dave reported that since he first spoke to our group, he has performed some 10,000 exchanges. Good info on his web site at www.1031company.com.

Sanibel City Council Backs Mayors’ Water Quality Initiatives

Sanibelcityseal logoLocal papers report that on Tuesday, Sanibel City Council officially agreed with the initiative by Lee County’s mayors to combat short- and long-term water issues. Council unanimously voted to approve four points involving control of water prepared by the mayors of all Lee County’s cities at a recent emergency meeting in Bonita Springs. The approval came at the request of Sanibel Mayor Kevin Ruane, who chaired the meeting.

The request from the mayors to the South Florida Water Management District, the U.S. Army Corps of Engineers and other involved parties to, in times of emergency, release water south from Lake Okeechobee into the Everglades, identify public and private land suitable for storage and use it, and to provide transparency when drastic water release decisions have to be made.

“The mayors came up with the bullet points and continue to challenge the Corps of Engineers to use its operational flexibility,” Ruane told the council.

During the meeting, Holly Milbrandt, Acting Director of the Sanibel Department of Resources, framed the problem. “It was the wettest January on record with rainfall 400% above normal,” she said. “This is unprecedented for all of us and we are still evaluating. We are not out of the woods yet,” she said. “Weather forecasts are for far above normal rainfall. Water goes into the lake six times faster than it is released, so that is a challenge.”

She reported on Monday the Lake Okeechobee level was at 16.24’, compared to 16.33’ a week ago. She noted that the lake level “is finally falling for the first time in a long time.” She said the lake is 1.45’ higher than it was at this time last year and two feet higher than two years ago. Its level is in the range where the Corps of Engineers can release water.

Ruane and Milbrandt both highlighted that the fresh water pouring into the local estuary from the mouth of the Caloosahatchee River has not all come from the lake. During the heavy rains in January, most of the water was runoff from the local watershed. Now 89% of the water is coming from Lake O.

Ruane pointed out the importance of the C-43 Reservoir, which will hold local runoff but will not be ready until 2020. He also said C-43 covers only part of the storage acreage that is necessary in times of heavy rainfall and runoff.

The mayors’ document addressed both short- and long-term options. Under the heading: “What are the options for relief now?” the document asks to:

  • Initiate discharges from Lake Okeechobee to the 700,000 acres of agricultural lands south of the lake and to all other public and private lands in the C&FS system.
  • Identify and utilize emergency storage on all public lands within the Kissimmee, Lake Okeechobee, St. Lucie and Caloosahatchee basins.
  • Maximize storage within the Kissimmee Chain of Lakes and provide adaptive flexibility for water level management in the regulation schedules to allow more water storage.
  • Seek emergency temporary deviations from federal and state water quality criteria and restrictions that limit discharges south into Everglades National Park during extreme wet conditions and events.

Long-term solutions included land acquisition for and construction of the EAA Reservoir to help move water south of the lake and projects to create storage within the Caloosahatchee watershed, including C-43.

Council members noted the lead by Sanibel in getting action and creating awareness during the recent crisis. The council also pointed out how important it is for Sanibel to continue to be a leader when it comes to environmental practices. In conjunction with that, Council passed a second motion to provide a list of its management practices regarding nutrients and fertilizers and make it available to other municipalities.

Mayors Off to Washington

Capitol Bldg DCAs reported in “The Santiva Chronicle”:

“Next week, Sanibel Mayor Kevin Ruane is off to Washington as part of a delegation that will bend Capitol Hill’s ear on water in Florida. Ruane believes that the mood is different in Florida now after the state was drowned with 16” of rain in January – the dry season. The drenching got everyone’s attention and it pointed out the frailties and inadequacies of the water management practices in the Everglades-Lake Okeechobee system.

““It’s not like 2013. It’s all hands on deck now,” Ruane said Tuesday afternoon, hours after the Sanibel City Council had given its unanimous approval to a brief prepared by Lee County’s mayors.

“Ruane is part of delegation that will include Cape Coral Mayor Marni Sawicki and Fort Myers Mayor Randy Henderson. It will also include elected officials from other areas, including the East Coast.

“The delegation will arrive in Washington Sunday and hit the pavement on Monday. Lawmakers are on the list, particularly the Florida delegation and those who hold key committee positions. Ruane has been effusive in his praise of Rep. Curt Clawson, R-Bonita Springs. Clawson is working closely with Ruane and others to get movement on several fronts. The delegation will also be in contact with Florida’s senators, Marco Rubio and Bill Nelson. Committee chairpersons for water resources and the environment are on the list and, of course, appropriations.

“But Ruane says the first visit needs to be paid to the U.S. Army Corps of Engineers. The Corps, Ruane said, is often painted as the enemy because it’s the Corps that turns the tap and starts the pumps at Lake Okeechobee, often to the detriment of places like Lee County. But the Corps, just like the rest of the Army, follows orders and operates within the framework of the resources it has been given.

““The first talk will be with the Corps of Engineers,” Ruane told the Chronicle Tuesday. “We won’t go there to argue or point fingers. We want to talk about how we can help one another. The Corps needs funding to complete major projects. A united front can help them get that funding.”

“This visit to Washington won’t involve appearing before any committees or subcommittees, but Ruane said that will be done if it is helpful and the opportunity arises…. “It’s all about working together, getting others to recognize each other’s problems and then finding solutions. The mayors, City Council, our lawmakers in the state and in Washington, and many others are pulling together this time. That’s what it’s going to take,” Ruane said.”

More Canadians Choosing to Sell U.S. Homes

Canada maple leafAs posted in “Realty Biz News” on Monday, this is the trend on the islands too.

“With the Canadian dollar currently around $.72 to the US dollar, an increasing number of snowbirds are choosing to sell their properties in the United States.

“Previously a large number of Canadians bought US property when prices were cheap and are now choosing to sell them to take advantage of higher real estate prices and a favorable exchange rate. Even when additional costs such as capital gains tax are taken into account, many Canadians feel it is too good an opportunity to miss. Quite a few chose to buy their property back in 2010 when the US and Canadian dollar were almost at par and when real estate prices had yet to recover. Thanks to low exchange rates and rising prices, this means that many are able to sell for a big profit. According to the article in CBC.ca, real estate agents in Arizona, an area very popular with snowbirds, are seeing an increase in the number of Canadian homeowners wishing to sell their property.

“Figures from the American National Association of Realtors® survey, for the year ending March 2007, show that Canadian buyers accounted for 11% of property sales to foreign buyers. As the strength of the Canadian dollar increased, so did the percentage of real estate deals to Canadian buyers. By March 2011 to March 2012, the percentage of sales to Canadians had more than doubled, increasing to 24% and accounting for approximately US$15.9 billion. Since then house prices have increased by between 30% and 50% and when the weak Canadian dollar is factored in to the equation, then sellers are able to make a large profit, even when tax is taken into account.

“In Florida, real estate agents are also seeing an increasing number of Canadians who wish to sell, compared to 2009 to 2013 when most wanted to buy. There is also another good reason as why selling is a popular option for those north of the border, as a declining Canadian dollar increases the costs of running a home in the US, and utility bills and property taxes have all become considerably more expensive.

“Real estate agents are confident this selling trend will continue for as long as the Canadian dollar remains weak. Some of those choosing to sell their homes will still escape harsh Canadian winters, but intend to rent in the future rather than buy.”

Low Rates Spark Big Rush to Refinance

As posted on Realtor®Mag on-line on Wednesday:

Mortgage Bankers Assoc logo“Applications to refinance mortgages surged to their highest level in more than a year as home owners rushed to take advantage of low rates. Thirty-year fixed-rate mortgages averaged 3.83% last week, the lowest level since April 2015, MBA (Mortgage Bankers Association) reports.

“The refinance boost fueled an 8.2% jump last week in total mortgage applications, according to the Mortgage Bankers Association. Refinance applications jumped 16% during the week ending Feb 12. Mortgage applications for home purchases, on the other hand, dropped 4% during this same time. The volume for all refinances is now 50% higher than just four weeks ago.

“”Treasury rates fell again last week, and mortgage rates fell to their lowest level in over a year, with rates on jumbo loans dropping to their lowest level since December 2012,'” says Michael Fratantoni, MBA’s chief economist. “As we have noted in recent weeks, borrowers with larger loans tend to be more sensitive to a drop in rates, because they stand to benefit more from refinancing.”

“Mortgage lenders reported a new record for the average loan size for refinances last week at $316,000, according to MBA.

“While mortgage applications for home purchases fell last week, the gauge of future home-buying activity still remains strong for the year. Mortgage applications for home purchases remains 30% higher than the same week one year ago, MBA reports.” Source: “Refinancing Pushes Mortgage Applications 8.2% Higher,” CNBC (Feb. 17, 2016)

Sanibel New Resident Reception

SanibelCityHallNew residents are invited to a reception on Wed, March 2 at 9 a.m. in Mackenzie Hall at Sanibel City Hall. Mayor Kevin Ruane and City Council Members will be there to welcome new residents and answer questions.

Sanibel Hurricane Reentry Passes Available Now

The City is issuing 2016 series hurricane passes. All residents, property owners and businesses need to apply for a new 2016 series pass. (Our old ones were dated 2012.) The new residential passes are purple and the commercial are tan. These will be the only ones that will aid in re-entry to the island following a storm. Passes are issued at the Police Dept Monday through Friday 8 a.m. to 4 p.m. More info and application forms on www.MySanibel.com.

Sanibel & Captiva Multiple Listing Service Activity February 12-19, 2016

Sanibel
CONDOS
5 new listings: Coquina Beach #5B 2/2 $399K; Sanibel Siesta #402 2/2 $569K, Bayview Village #2A 3/3 $699K; Sand Pointe #217 2/2 $745,555; Yacht Haven #2 3/2 3/2 $949K.
1 price change: Gulfside Place #115 2/2 now $1.795M.
6 new sales: Sundial West #H407 1/1 listed at $465K, Seawind #A101 2/2.5 listed at $514.9K, Compass Point #221 2/2 listed at $599.9K (our listing), Sundial West #A305 2/2 listed at $799K, Island Beach Club 2/2 listed at $1.1M, Sedgemoor #102 3/3.5 listed at $2.495M.
1 closed sale: Tennisplace #D31 1/1 $230K.
HOMES
9 new listings: 535 Birdsong Pl 3/2 $549K, 577 Lake Murex Cir 3/2 $769K, 1807 Buckthorn Ln 3/2.5 $799K, 979 Oyster Ct 2/2 $940K, 935 Lindgren Blvd 3/2 $969K, 1174 Harbor Cottage Ct 3/2 $1.129M, 1665 Sabal Palm Dr 3/2 $1.295M, 1270 Bay Dr 3/2 $1.35M, 1069 Bird Ln 4/3.5 $4.995M.
7 price changes: 480 Peachtree Rd 3/3 now $699K, 557 N Yachtsman Dr 4/3 now $749K, 1125 Captains Walk St 3/3 now $749.9K, 689 East Rocks Dr 3/3 now $759K, 1245 Isabel Dr 3/3.5 now $1.548M, 2405 Blue Crab Ct 4/4.5 now $2.995M, 1196 Bay Dr 4/4.5 now $2.995M.
8 new sales: 1653 Bunting Ln 3/2.5 listed at $459K, 1565 Bunting Ln 3/2 listed at $599K, 9106 Mockingbird Dr 3/2 listed at $630K, 1130 Junonia St 3/2 listed at $679K, 1259 Sand Castle Rd 3/3 listed at $869K, 437 Lake Murex Cir 4/3 listed at $895.9K, 280 Ferry Landing Dr 3/2 listed at $899.9K, 5773 Sanibel-Captiva Rd 2/2 listed at $1.029M.
2 closed sales: 9477 Peaceful Dr 4/2 $450K, 2540 Coconut Dr 4/3.5 $955K.
LOTS
1 new listing: 6419 Pine Ave $1.699M.
2 price changes: Lot 27, Leisure Acres now $99.9K, 1311 Par View Dr now $299.9K.
1 new sale: 1304 Eagel Run Dr listed at $219K.
1 closed sale: 1466 Sand Castle Rd $239K (our listing).
Captiva 
CONDOS
No new listings.
1 price change: Beach Villas #2525 2/2 now $615K.
No new or closed sales.
HOMES
No new listings or price changes.
1 new sale: 11521 Laika Ln 3/3 listed at $1.445M.
No closed sales.
LOTS
Nothing to report.

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

Until next Friday, more of the same wonderful island weather is expected!

February days in the mid-70’s are the best!

Beach santa

Susan Andrews, aka SanibelSusan