Season sure is fun around here! Our weather has been fantastic for biking, sightseeing and hitting the beach! Perfect! It's also the best time of the year to check out properties that fit your needs. We have a great inventory of Sanibel homes, condos and homesites. We also have great properties available on Captiva Island.
Check out these two listings that I believe would be just right for someone. One is a condo and one is a home.
The first listing is located at 1390 Middle Gulf Drive. This is a three bed, three bath townhome overlooking the Sanibel River. Located in desireable Sea Pines Community, you have stunning views of the River in a private, quiet community. This townhome is just a short walk to the beach and is convenient to everything. A private dock allows you to launch your kayak in back of your home. The unit boasts impact windows, composite decking in the screened lanai.
This townhome is offered for $549,000
Next we have a great condo located at 2840 West Gulf Drive. This is Seashells of Sanibel and has its own easement to the beach just accross the street! This is a two bedroom, two bath fully furnished condo. Seashells of Sanibel is also a great location if you want to put your condo into their on-site rental program. This condo has an updated kitchen and tile floors throughout. New appliances (except refrigerator) and AC condenser in 2015. Upbeat island decor and comfortable furnishings make this a great island property. The Seashells complex has on-site rental management and permits weekly rentals in Season and 3 day rentals during the summer.
This condo is being offered for $375,000
Make this your year for Sanibel Island and Captiva Island! Our market is active and I'm sure I can find the perfect property for you! We currently have 158 homes available on Sanibel. We also have 103 condos available. Some on the beach and some within walking distance. If you think you might be interested in building, we have 69 homesites available! I have had a home built on Sanibel Island and I can help you with your options of building on our barrier island.
Contact me TODAY and I can get to work for you. Just tell me what your criteria is and then head to the beach as I do all the legwork for you. I can narrow down the selection to properties right for you .
I love living on Sanibel Island and I know you will too!
Call me! 239-691-4915
Sarah Ashton, Broker Associate
ReMax of the Islands
239-691-4915 Web Contact Form
Our island condos have quite a bit to offer and I believe we have something for everyone! We are having a good year with condo sales, and we also have a great inventory for our upcoming season.
On Sanibel you have 107 condo complexes to choose from, and as a long-time island resident I can help you find just the right fit for you and your family. Some condos are geared more for owner use, and some are geared for rentals, and some are geared for both. I can help explain to you all the different choices. Shopping for condos can be fun!
Currently Sanibel Island has 130 condos listed for sale. Asking prices start at $169,000 for a 1/1 at Colonnades Condo to $2,999,900 for a 3/3.5 at Sedgemoor of Sanibel on the Gulf.
Listings show that 103 are gulf view or gulf front, 10 are on the bay, and 3 are on a canal.
The Sanibel condo market this year has been fairly busy with a total of 150 condos being under contract or closed since the first of the year.
Captiva Island has approximately 18 condo complexes, with a total of 56 condos currently listed for sale. Asking prices start from $225,000 for a 1/1 at Tennis Villas to $2,000,000 for a 3/3 located in South Seas Beach homes.
Captiva has had 33 condos either close or currently pending so far this year.
So! Is this your year to buy an island property? I think it should be! Prices are reasonable and have just started to climb. The housing problems seem to be behind us and it's again time for buyers to enter our market. Sanibel's beaches and sights are still here and are waiting for you. Give me a call today so I can start your search for the perfect island property.
I would also like to show you this video (left) made by one of our talented local videographers. This video shows our area in all its beauty. Take a few minutes to watch this video - and then give me a call so I can make you a part of this special area of the world!
Beaches, shelling, boating, restaurants, shopping, nature and privacy - you need look no further!
As you can tell, I love this area. I've lived here for years and love showing Sanibel and Captiva off to our visitors. Whether it's a gulf front on Captiva, a bay front with a dock, or an interior property near our National Wildlife Refuge, we have a bit of everything and I'm sure we have just the right place for you!
This tip is not just if you are selling your home unfurnished, staging your home can be done with your existing furniture. When potential buyers are looking at homes, yours is competing with all the other homes in the area in that price range, and you want to maximize your home's appeal.
You want your home to look cozy and warm. Some think that your home will look more roomy if you push your furniture against the wall - Not true! You should position your sofas and chairs into conversational groups, and in such a way as to show an obvious traffic pattern. This will open up the room and make it seem larger to potential buyers.
You can also shake things up a bit. Just because you have your favorite armchair in your den doesn't mean it won't look better in the sitting area in your bedroom. Try to look at your furniture with a new eye. If you have that "one room" that seems to be the place that gathers your junk, take notice and clean it!
Try moving your lamps and home accessories to places that will open your home and make it appear more airy and comfortable to buyers.
You can also repurpose a room into something that will add value. Something as easy as putting a table and a lamp in a stairwell nook will transform the area.
Lighting is another issue that you can easily change. To create a warm look you can increase the wattage in your lamps. The rule-of-thumb is to try and get a total of 100 watts for every 50 sq. ft., and you shouldn't depend on just one lighting fixture per room. You should have three types of lighting: general overhead, under cabinet, and table/wall lighting. You will be surprised how much difference lighting will make.
If you decide to paint a few rooms, keep the living room/den in neutral colors. A potential buyer might not like your experiment with bright colors. Just remember that everything you do to your home is to appeal to buyers, not you or your family.
For your bedroom, add some luxurious linens with colors that make potential buyers feel comfortable and, hopefully, at home. Also, cleaning out your larger closets will show off your roomy storage areas, which helps sell houses!
My last posts talked about removing clutter, and curb appeal, and along with staging your home for a sale, all of it fits together to help your home stand far above your competition.
The real estate market is definitely picking up and your competition is doing all they can to get their home sold! I can help you with all your home selling needs and I am looking forward to helping you get your home sold fast, and for a good price.
If you are thinking of selling this year - It's Time To Call Me!
If you are thinking of selling your home, condo or homesite in the near future, NOW is the time to start the process. We all know our busy season is, well, busy, and it's by far the best time to list your property.
Our snowbirds start arriving next month and the trickle of owners and tourists turn into a flood of people as the weather up north starts to get colder. Our island traffic is always a good barameter of how our season is progressing.
Selling your home is a bit more of a process than just deciding to sell. My last few blogs have been about some of the things you can do to help get your home sold.
You can read Here about the importance of "de-cluttering" your home before potential buyers start showing up for a viewing. When someone shows up to look over your home, it's probably one of five or six homes they have viewed that week and you don't want your home to be remembered as the one with the kitchen crammed with clutter. Since you are planning on moving anyway, why not start the process of packing your "stuff" and getting it out of sight.
Another blog I wrote was about your curb appeal. You can check that one out Here. The first thing a potential buyer sees is the front of your home and your yard. Make sure it's cleaned up and in good repair. Drive up to your home and try and use a new eye and pretend you are a buyer. Look it over and see what sticks out. Does your front door need paint? The stair railing? Maybe a bird bath that hasn't looked good in years? Weeds around the driveway edge?
With just a little investment you can get your curb appeal in order and looking good! A few flowers, some paint, and some TLC will get your home in good order for a quick sale.
When I get a new listing I also get to work. I have a professional photographer come and take some great pictures for advertising (a de-cluttered home is a big help). I also have a virtual tour made of your home that will get posted with the listing for all island realtors (and public) to view. The tour is also easily viewed on public websites such as realtor.com. I send post cards about all new listings to island residents in the area and on my contacts list, and nice curb appeal really helps the post card photos pop!
My job is to sell your property and I take it very seriously. I am a long-time island resident and I understand this market and the challenges of buying, selling and building on our beautuful barrier island! Give me a call at 239-691-4915 or use my Contact Form, and I will get to work to get your property sold!
This is sure to be a busy season, so what are you waiting for?
Okay, we never want to think about hurricanes, but we have to and it's this time of year we need to refresh our memory on what to do. The main goal in a hurricane is to Stay Safe! And usually that means to evacuate low-lying areas. That means our islands. With hurricanes we are lucky that they usually come with a few days warning and we have lots of time to secure our homes, secure our boats, and plan where we want to go if a storm becomes imminent. Our local officials usually give the evacuation call and it's a good idea to pay attention to their advice.
One of our best tools to help us follow a storm is a tracking chart. Some people have them on their refrigerators, or thumb-tacked to a wall. The picture to the left is a good tracking chart and you can click on the photo (or here) and then save/print the large PDF version.
It's almost fun to follow the storms as they make their way across the Atlantic Ocean, but the fun rapidly changes as the "cone of probability" includes our area.
To the right is a video of our annual hurricane awareness seminar put together by our local officials. They cover lots of facts and "need to know" things that might save lives.
The speakers go over some pretty interesting trivia (hurricanes were first named after women when an Australian meteorologist got mad at his ex-girlfriend), to more important information (what supplies you need when you return to no electricity). It's a good idea to watch the video all the way through.
Below are three links that help you understand our tropical storms and hurricanes, and ways to prepare for them, and follow them on local radar. The local radar loop is also good just to check your daily weather and plan your day.
So that's enough about bad weather! This week our weather is fantastic and it's a great time to shop for island property. Give me a call at 239-691-4915 or use my Contact Form. I promise to work as hard as possible to find you the perfect island home. Give me a call... the island lifestyle awaits!
Sarah Ashton, Broker Associate
Royal Shell Real Estate
Did you know you can take a quick tour of some of our favorite neighborhoods? I've been putting together web pages and videos of Sanibel and Captiva for you to enjoy as you start your search of island properties. Our summer weather is almost here and it's a great time to enjoy all the sights and fun things to do on the islands. Besides searching for your island home, summer is great for birding, fishing, shelling and just enjoying miles and miles of our word famous beach!
By watching these videos you can get an idea of what each neighborhood has to offer. I also have a web page for each area in my website's "Near Beach" section. It's a great place to start to explore our islands! I also have pages dedicated to the Lighthouse, Wildlife Refuge and a video tour of Sanibel's eastern end. As well as the information in my website, I'd love for you to use my contact form, or call me at 239-691-4915, so I can put together information for you for your perfect island property!
Herons Landing II
When you're looking for something to do this summer I can help you explore and learn about my favorite place, Sanibel Island. I'm a long-time resident of Sanibel Island, and I love to show off what these islands have to offer. Royal Shell Real Estate has offices on Captiva Island as well as Sanibel Island and I have access to every listed property! Call Me! 239-691-4915
Chateaux Sur Mer
It's June already and I'm getting ready for another busy summer. I am never too busy to help you and your family and friends with their island real estate! I'm looking forward do hearing from you and I hope you enjoy my video tours!
Sarah Ashton, Broker Associate
Royal Shell Real Estate
For more of the Best Sanibel Island real estate, we have The Atrium condo located at 2929 West Gulf Drive. The Atrium is a small Gulf Front condo with only 24 units. The units are either 2/2 with 1856 sq. ft or the larger 3/3 with 2250 sq. ft.
These large condos are just steps from the pool, tennis court or beach. The landscaping is perfection, and the Sanibel Island lifestyle is a perfect fit at the Atrium
Currently there is one listing at Atrium, a one bedroom, one bath for $1,147,555. This is a gulf front unit with incredible views.
The Atrium is always in demand so give me a call, or use my contact form, for more information on this property!
We are having a great season this year and we have lots of options for anyone looking for Sanibel or Captiva Island real estate. Typically our season starts to wind down after Easter, but local rental companies are reporting strong reservations well into the summer.
I can't blame people for wanting to come here to visit or invest in real estate. We are known for our wildlife, beaches, shelling, boating, fishing, sailing, shops and the list goes on!
Property prices are starting to rise again but there are lots of terrific deals to be had! Financing is a bit trickier to get, but rates are still at historic lows and I can help guide you to lenders as well as everything involved in buying island property.
I've been a Sanibel resident for many years and I love to help people find a way to make the move to our islands. Whether it's Sanibel, Captiva or Fort Myers, I can help you from beginning to end!
If you can't make the trip to our islands yet, but still want information about this area, give me a call at 239-691-4915 and I can answer all your questions. If you want to check out some of my island videos, you can click on the links below.
Thanks for checking out my blog and my website! I hope you find lots of fun and interesting things in it. Be sure to check out my multiple listing service search page! We make it easy for you! You can search by location, price, using an island map, or just about any other criteria you want. You can even save or email the listings that you like.
I'm here to help, so it's time to start your search for your place in paradise!
This week I would like to point out some of the fun and useful things that you can do with my website! From interesting facts about Sanibel and Captiva Islands to informative videos of our neighborhoods and condos, this is a one-stop site for all your island questions.
Captiva is world famous for its beaches, sights and quaint style and I'd love to be able to show you around!
If you want to search for properties, my site has the most modern and useful search engine you will find. You can search with whatever criteria you wish, or by map (left), or subdivision or condo. It's easy to use and you can save your searches and email your results to friends and relatives.
I even have a page of important numbers you might need when you decide to move to the islands.
As you drive around the island checking out which areas or condos look good to you, you can use my mobile site as you travel around the island. You can search properties with your smart phone or tablet as well as learn about the area and what it has to offer.
If you want to check out Sanibel before you get to the island, I have a couple of videos I made of the east end of the island. It's a great place to start! Click Here! I'm also proud of a video I have of one of Sanibel Island's most popular sites - The J.N. "Ding" Darling National Wildlife Refuge.
As for our local neighborhoods and condos, my condo page and neighborhood page have links to each area along with video tours of each area. This is a wonderful way to check out all the different areas of the island without leaving your home!
Each area has local information, an area map and virtual tour of the neighborhood or condo!
This week I want to talk about Sanibel real estate and another fantastic gulf front condo - Gulfside Place. Located at 1605 Middle Gulf Drive, this condo has just about everything you need. It's perfect for either personal use or to put in the rental program - or both!
Gulfside has 2/2 units as well as 3/2 units. You can check out my Gulfside Place webpage and Virtual Tour Here!
Gulfside Place has easy access to Sanibel's miles and miles of beautiful sand and shell beach. You can also jump on the over 20 miles of walking/biking paths that pass right in front of Gulfside.
Sanibel has so much to offer and Gulfside Place is the perfect location to take advantage of all Sanibel has to offer.
Gulfside has two large swimming pools (both with beautiful gulf views) and six tennis courts for your enjoyment. An exercise room is available for you, as well as BBQ areas.
The Sanibel Island lifestyle is waiting and I'm sure I can find just the right place for you! Condo, home or vacant homesite - I can show you all the listings available.
Currently there is one condo listed at Gulfside Place, a two bedroom, two bath listed for $955,000. This unit has been completely remodeled and overlooks the gardens, pool and Gulf of Mexico.
Gulfside is a popular location and always in demand. Give me a call at 239-691-4915 or use my contact form for all the latest listings at Gulfside Place!
I have information on ALL the listings for Sanibel Island, Captiva Island and Fort Myers, so contact me with any questions you might have for our islands. I am a long-time resident of Sanibel and I'd love to speak with you and talk about my home island as well as all our surrounding areas!
Our "season" is here and we have a great inventory of available properties. Interest rates are still at historic lows and prices are reasonable - This is the year for you to consider our islands!
If you aren't quite ready to buy, I can insert your search criteria into my automated system and you will be emailed every new listing that fits your needs! No hassle and no pressure!
We can search using just about any criteria you want - price, size, location, pool, condo, home or homesite!
Give me a call at 239-691-4915 or through my Website.
We can always tell when it's starting to get cold up north. Our traffic gets heavier and our resorts start to fill up. This is a great time of the year and it's also a good time to look at what's going on with our real estate market.
Currently we have 185 homes listed on Sanibel, starting with a three bedroom, two bath listed at $250,000 on San-Cap Road, up to a four bedroom, five and a half bath gulf front home listed at $5,495,000. On Captiva Island we have 36 homes listed, from a two bedroom, two and a half bath for $669,00, to an incredible seven bedroom, ten bath listed at $12,500,000. Between our two islands, and many listings, we certainly have just right property for you!
If a condo is more to your liking, we currently have 172 condos for sale on Sanibel. Condos start at a Colonnades one/one unit listed for $129,000, to a 3/4 at Sedgemoor listed for $2,999,900. There are also 54 condos listed on Captiva Island, starting with a 1/1 at Tennis Villas for $225,000 to a 3/3 Beach Homes listing for $2,280,000.
With all these great listings, and interest rates at historic lows, this is the time to get your piece of the Sanibel-Captiva lifestyle and put your footprints on the beach! All signs point to rising prices and an active season so this just might be the last chance to buy at the bottom of the market. We are starting to see homes and condos that are currently listed showing an increase in the listed asking price.
Since the first of the year we've had 152 home closings on Sanibel (avg. selling price of $781,368) and 134 Sanibel condo closings (avg. selling price of $566,057). For Captiva we've had 23 home closings (avg. selling price $1,423,906) and 31 condo closings (avg. selling price $842,242). This shows our islands to be very active in showings and sales! It also shows that this is a great time to put some thought into making Sanibel or Captiva your new home or get-a-way!
Even forgetting all the above statistics, our island lifestyle is always in demand, and of course, I would love to show you around! If you don't think it's quite time to start looking in person, or you are still up north, I can put you on my automatic notification system. If you let me know your criteria for what you might be interested in (price, size, home/condo, location, etc.) you will be emailed the listing details and photos whenever a new listing fitting your criteria becomes available! Easy as that!
Please contact me with any questions you might have about my island! Sanibel and Captiva offers lots to do and more to see and as an island resident, I can point you in the right direction!
Thanks for reading my Blog!
This time I want to tell you about another of our popular gulf front condos! Sedgemoor of Sanibel is located at 2529 West Gulf Drive, close to wildlife preserve properties, shopping and our favorite restaurants!
Sedgemoor has only 12 units, and every unit is gulf front! The 3956 sq. ft. units are three bedroom, three bath so they are perfect for you and your guests, or to put in a rental program.
The grounds are beautifully landscaped and serene. Sedgemoor is the perfect place to relax and enjoy our Sanibel lifestyle!
Currently there are two units available, one is listed for $2,499,000 and the other at $2,999,000. Both listings are three bedroom, three bath. Both units are fully furnished and the condo listed for $2,999,000 is a penthouse suite!
If Sedgemoor sounds like something you might be interested in, please contact me and I can fill you in on all the details of these great condo units.
You can also view other Sanibel condos, as well at watch virtual tours, by going to my condos page and picking your favorite condo from the menu on the left.
Everyone seems to agree that our real estate market is gaining speed and prices are starting to rise, so now is the time for you to seriously start thinking about island property! Interest rates are still very low and our inventory of homes, condos and land has something for everyone!
Our beaches are waiting! Give me a call at 239-691-4915 and we can talk about your next step!
If you aren't ready to buy, but you know you will be interested in the future, I can enter your buying criteria into my automatic system and you will be emailed each new listing that fits what you're looking for as soon as the new listing becomes available! No pressure, no hassle, no problem!
Thanks for reading my blog and I am looking forward to hearing from you!
Located at 3131 West Gulf Drive, Wedgewood of Sanibel is a true luxury condo. Wedgewood has only 18 units so you feel like you have the whole complex to yourself.
This condo is gulf front and no units are more than a few steps away from miles and miles of Sanibel's best beaches!
Wedgewood is close to the island's best restaurants and shopping. It is also located just steps from The Bailey Tract conservation property. This 100-acre tract has lots of trails and bird watching to enjoy! You can check out the walking trails here.
Sanibel is over 60% conservation property (The largest being the Ding Darling Wildlife Refuge) and you have over 20 miles of biking/walking trails to help you explore.
Currently there is only one condo available at Wedgewood, a three bedroom, three bath penthouse unit listed at $1,349,000. This fully furnished corner unit has 3,222 total sq. ft. and has a private roof top sundeck. If this condo sounds perfect for you, or you want me to put you on my "alert" list for future listings, please contact me here, or give me a call at 239-691-4915
Our summer is in full swing and this is a great time to start thinking about Sanibel real estate or Captiva real estate! Mortgage rates are still at historic lows and real estate prices are just starting to inch upward.
No matter what criteria you have (price, size, location, etc.) I can put your email address into my system and you will be automatically sent information on any new listings that fits your dream property! Let me help you!
I have lived on Sanibel for many years and I can explain all the benefits of living with nature on Sanibel Island. We have so much to do on our islands and we are just a short drive across the causeway to Fort Myers. Even Disney World and all the theme parks are just a few hours drive.
Located at 2230 Camino Del Mar Drive on Sanibel Island, The Ocean's Reach condominium is another island favorite! This condo has 64 units that are ALL direct gulf front! The views are spectacular and unforgettable.
The units are either one bedroom, one bath or two bedroom, two bath - perfect for personal use or to put in the rental program as income property.
The first Sanibel property to be named a "Florida Green Lodge," Ocean's Reach offers a heated pool with a view of the gulf, picnic areas, gas grills, bike rentals, beach chairs and umbrellas, tennis, basketball, shuffleboard, an osprey nest (with webcam) and even a butterfly garden.
Currently there is one condo listed at Ocean's Reach, a two bedroom, two bath listed at $829,990. This is a popular resort/condo and if you want to be notified when a new listing becomes available, just contact me and I can be sure you are kept well informed! I can put you into an automatic system that notifies you for whatever real estate criteria you are looking for.
To see more about this terrific condo you can go to my Ocean's Reach webpage. You can also check out my Ocean's Reach visual tour to locate the resort on a map.
Our summer is in full swing and I'm happy to say we are still busy and beach goers and shell seekers are out and enjoying our islands!
Summer is a favorite time for locals and visitors alike. The fishing, shelling, wildlife preserves and all we have to offer is at its best!
If you are lonely for Sanibel and Captiva, please give me a call (239-691-4915) or use my contact form and I can keep you updated on what I believe are the best real estate deals for you to consider!
Located at 2611 West Gulf Drive on Sanibel Island, By the Sea gulf front condo is always a fun place for owners and returning guests!
By the Sea is centrally located and just a short bike ride to Bailey's Shopping Center and some of the Island's best restaurants.
This condo development is on the small side with only 18 Units (six units per building), but being small is one of its best attributes! Quiet and relaxing, with all the amenities is what By the Sea is all about.
Miles and miles of Sanibel's best beaches are just steps away! Along with our famous shelling, fishing and over 20 miles of biking/walking trails, By the Sea might be just the place for you!
Being a small condo, this means the units are short on supply and high on demand! The last few sales have been in the $1.2 million range and currently there aren't any units available.
If By the Sea is the type of condo you are looking for, give me a call (239-691-4915) or use my Contact Form and I can get you on an alert list where you will be automatically notified if one of the units becomes available.
Whether it's the pool, tennis court or just an umbrella on the beach, By the Sea could be the perfect place for you to enjoy yourself, and then put into a rental program when you can't be there yourself.
You can see more of By the Sea on This Webpage, as well as watch a visual tour of the property (View tour).
Our summer is here and it would be a great time for you to come and visit! From what we see of the weather reports from "up north," you can cool off under our Florida sun while I show you properties and find you your perfect piece of paradise!
If you want a chance to own a piece of Sundial Beach Resort on Sanibel, this is your chance!
Sundial was purchased by CoreStates Affiliate and they are offering 110 shares at $50,000 per share.
Sundial was previously purchased by Blackstone in a package deal which included The Dunes Golf Resort and South Seas Plantation on Captiva Island. Locals have always said that Blackstone only wanted South Seas Plantation and the inclusion of Sundial was just part of the deal. CoreStates says, "We believe that resort has been mismanaged and its potential has languished due to its current absentee ownership," which seems to prove that locals were right about Blackstone never really wanting to own Sundial.
CoreStates goes on to say, "The Sundial Beach & Golf Resort is a 38,000+ square foot multi-use resort facility on Florida's world-famous Gulf Coast. Located on Sanibel Island, the property has 8.59 acres and boasts 2,000 linear feet of unrivaled beachfront access."
We know Sundial is a gem and we hope investors take a look at this resort and see it as a great deal!
I currently have a listing at the resort and you can check it out HERE. Sundial is close to the best restaurants and you can enjoy miles and miles of Sanibel's beaches right at your front door!
Have a great summer and I look forward to helping you find that perfect island property! Contact Me!
One of our favorite, and popular locations, for owners and returning guests is the Breakers West Condo located at 3041 West Gulf Drive, Sanibel Island.
Built in 1972, and just steps to the beach, Breakers West is available for weekly rentals. There is an onsite rental office for the convenience of owners and returning guests.
The condo is on the small side with only 18 two bedroom, two bath units. The unit sizes are 1250 square feet and overlook the pool and manicured grounds.
Currently there are no units for sale, but if you are interested I can keep an eye out for units being listed and contact you right away! As with any Sanibel or Captiva property, just Contact Me and I can help you with your island dream!
To see a tour of this property you can Click Here for a visual tour, or Here to check out my Breakers West webpage.
Pictured to the right is the beach in front of Breakers West! Our beaches are famous for shelling, fishing or just relaxing in the sun!
If you want a bit of exercise before taking a dip in the cool waters, Sanibel has over 20 miles of biking/walking trails for you to enjoy!
This is a great time for you to investigate all the properties available on Sanibel and Captiva Islands! Prices are very reasonable and mortgage rates are at historic lows. I am an island resident and I would love to show you my islands as well as answer your questions concerning Sanibel real estate and Captiva Island real estate!Contact me!!
Also, I just had a HUGE reduction in price for one of my listings! A 1/2 duplex located at 1390 Middle Gulf Drive in Sea Pines subdivision. This home is just steps to the beach! The unit was $579,000 and now the current asking price is $485,000, making this an incredible deal! CLICK HERE to check it out and watch a visual tour of the property!
The Sanctuary Condos
The Heron, The Ibis, The Golf Village
One of the nicest areas of Sanibel Island is the Sanctuary at Wulfert Point. The Sanctuary offers an Arthur Hills Championship 18 hole golf course for members and their guests.
Membership also includes a Clubhouse, Fitness Center, Pool and Tennis Courts.
There are vacant properties available from $199,900 to $949,000. Homes are currently available from $995,000 to $2,999,000. The Sanctuary is located on the northwestern end of Sanibel just a couple miles from Captiva Island. The beaches are close by as well as access to the over 20 miles of biking and walking trails.
There are three condos located at the Sanctuary: The Ibis, The Heron and The Golf Village.
Pictured to the right is the Ibis Condo. Currently the Ibis has five listed condos ranging from $377,500 to $475,000. All the listed units are two bedroom, two bath.
For more information on The Ibis and a video tour - Click Here
Pictured to the right, is the Heron Condo. Currently the Heron Condos are listed from $499,900 to $619,000. The Heron is beautiful and comes with its own pool.
For more information on The Heron and a video tour - Click Here
And there is also the Golf Village (pictured right). Currently the Golf Village has three listed units from $450,000 to $699,500. All the Sanctuary condos are worth the look! Contact me for all the latest Sanctuary info!
For more information on The Sanctuary Golf Village and a video tour - Click Here
This is a great time for you to investigate all the properties available on Sanibel and Captiva Islands! Prices are very reasonable and mortgage rates are at historic lows. I am an island resident and I would love to show you my islands as well as answer your questions concerning Sanibel real estate and Captiva Island real estate! Contact me!!
Located at 255 Periwinkle Way on Sanibel Island, Shell Island Beach Club is always a favorite! This condo is direct gulf front on the eastern end of Sanibel, just a short walk to the Sanibel Lighthouse.
Whether you want to walk for miles on our famous beaches, relax in the sun, or check out our historic lighthouse... Shell Island Beach Club might be just right for you!
The east (lighthouse) end of Sanibel is a popular area with some of the best beach areas, not to mention some of the best shelling in the world!
If you get tired of the beach, Shell Island Beach Club has a large pool and spa, tennis and shuffleboard to keep you busy. On the shoreward side of the resort you have over 20 miles of walking and bike trails to enjoy.
Shell Island Beach Club currently has three listings ranging from from $710,000 to $900,000. There are only 12 condos at Shell Island, along with some timeshare units. This is a great place to enjoy your condo as well as rent it when you're not here. There is an on-site rental office as well as being a popular place for return guests.
We are entering our relaxing summer season and this is a good time to check out what's available in Sanibel Island Real Estate and Captiva Island Real Estate.
Prices are still low and mortgage rates are so low it's hard to believe! Give me a call at 239-691-4915 or contact me using my website contact form.
You can also put my mobile website in your mobile favorites so you can keep up with all the latest listings! Or you can email me your criteria for the property you are looking for and I can put you in our automatic email system. This alert system will automatically email you any new listings that fit your criteria! Condos, homes, land, Sanibel, Captiva or Fort Myers - I can help you!
Sanibel Siesta is a gulf front condominium located on Fulgur Street on Sanibel. This 62 unit condo is just a short walk from the Beachview golf course. Sanibel Siesta is a full service condo with an on-site rental office, and all the best shopping and Sanibel restaurants aren't very far away!
There are over 20 miles of bike/walking trails that run right past the shoreward side of the complex. Sanibel Siesta also has two tennis courts to keep you in shape and a large pool so you can cool off!
A popular place for renters and vacationers, Sanibel Siesta is a great investment property to consider. The units are all two bedroom, two bath and none are more than a few steps to the miles and miles of famous Sanibel beach.
Sanibel Siesta condos sizes are from 1,300 to 1,400 sq. ft. and from April 2011 to April 2012, four condos have sold from $349,000 to $515,000. If Sanibel Siesta sounds like something that's just right for you, contact me and I will give you all the latest on what's available! You won't regret it!
For more information on this condo, as well as a great video of the property, tennis courts and beach, Click Here to visit my Sanibel Siesta condo page!
And as always, contact me with ANY of your questions concerning island property. The islands are still busy and interest in real estate seems pretty high, so don't wait! Give me a call today at 239-691-4915.
Normally we judge the end of our tourist season by Easter, but that seems like it's not really the story these days. Sanibel and Captiva remain busy for quite a while longer, and then we switch to a "summer" tourist crowd who come here for the fantastic fishing along with all our fun summer events.
Since it's always interesting to see how our real estate market is doing, lets take a look at how we're doing compared to the same time period as last year.
This year from 1/1/2012 to 4/24/2012 we have had 65 home closings on Sanibel compared to 61 homes sold in the same time period last year. The average selling price this year is $806,262 and last year it was about the same at $805,225. Our listing price to selling price ratio for this year is 90% where last year it was 89%. It looks like we are neck and neck with our Sanibel home sales for the two years.
For Sanibel condo sales for the same period:
This year from 1/1/2012 to 4/24/2012 we have had 50 condo closings on Sanibel compared to 52 condos sold in the same time period last year. The average selling price this year is $621,734 and last year it was $695,197. Our listing price to selling price ratio for both years is exactly the same at 90%. These statistics show that condo sales are not quite as active as last year.
For a few more statistics, this year we currently have 233 homes listed on Sanibel along with 227 condos for sale. For the homes, prices range from $275,000 to $6,500,000. Condos range from $140,000 to $3,000,000.
Captiva Island currently has 51 homes listed and 57 condos. For the homes, prices range from $669,000 to $10,900,000. Condos range from $215,000 to $2,475,000.
This has been a fun and active season and I'd love to help you find just the right place! I have access to ALL the listings and since I'm an island resident, I can fill you in on everything you need to know abour our island paradise! You can call me at 239-691-4915 or use this Contact Form.
Pointe Santo de Sanibel
One of Sanibel's BEST condo developments!
Pointe Santo de Sanibel is a gulf front condo located at the end of Tarpon Bay Road. Offering weekly rentals, this complex is a favorite for families. The pool-side clubhouse always has activities to keep the kids entertained while the adults relax by the pool!
Build in the mid 70s, Pointe Santo de Sanibel has 141 units. The units face a large lake in the center of the resort or the Gulf of Mexico. The resort/condo has some of the best repeat rental business for weekly rentals.
Sanibel Island offers so much for visitors and locals and this condo adds to the list. Along with the clubhouse, there is a large pool, two tennis courts, miles and miles of Sanibel beach, and weekly rentals.
Currently there are 10 units available. One condo is a one bedroom, one bath for $497,900. Eight are two bedroom, two bath units from $599,900 to $885,000. There is one three bedroom, two bath, listed for $949,00.
All the listed units are fully furnished and ready to go! Pointe Santo de Sanibel is a fantastic place to spend your vacation, as well as have your unit for rent when you're not able to be there. The location is near Bailey's General Store, our movie theatre, and all the great shopping on Periwinkle Way.
If you want to explore our islands you can hop on over 20 miles of biking/walking trails right in front of the resort. If golf is your sport, Sanibel and Captiva have three semi-private championship golf courses to choose from.
If you just want to enjoy nature, over 60% of Sanibel Island is conservation preserve, the largest protected area being the Ding Darling Wildlife Refuge. The bird watching on Sanibel is as famous as the shelling on our beaches!
I have a great slideshow tour of Pointe Santo de Sanibel on my condo page (HERE) as well as a map of the property. Check it out and let me know what you think!
As always, I can answer all your Sanibel Real Estate questions, as well as any general questions you might have about life on these great islands! Just give me a call at 239-691-4915, or use this Contact Form, and I'll help in any way I can! Mortgage rates are incredibly low and prices are reasonable! This is the time to buy!
Located at 979 East Gulf Drive on Sanibel Island, Loggerhead Cay is a great gulf front condo with easy access on and off the isand. This condo has a total of 168 units and is in the shape of a big "U."
Loggerhead Cay offers a large pool, tennis courts, shuffleboard, miles and miles of Sanibel beach, as well as many more amenities! Shelling, biking, shopping, fishing or just relaxing... this is the place for you!
There is always something fun to do on the Islands and Loggerhead is a great place for your home base!
Currently there are 14 units listed. All of them are two bedroom, two bath and the asking prices range from $450,000 to $725,000, depending on location to the Gulf and current upgrades to the unit.
Loggerhead is also a great investment property as it has always been popular in the rental market.
On my Loggerhead Cay condo page you can map and check out Loggerhead, as well as view a great new video of the complex! Click Here to check out the video! You can check out my Loggerhead listing Here!
As usual, you can give me a call at 239-691-4915 or use my contact page (here) for more information on Loggerhead Cay or any listing on Sanibel and Captiva Islands!
And I don't want to forget all the great listings available in Fort Myers! Click Here to check out my new listing!
This week I want to tell you about a fantastic gulf front condo. Sanibel Arms West is located at 822 East Gulf Drive on Sanibel Island. There are 104 total units in this condo.
Check out my video tour and listing page for Sanibel Arms West Here!
Sanibel Arms West has a pool, tennis courts, docks and miles and miles of Sanibel's best beach. Located on the east end of Sanibel Island, it's just a short walk to the Sanibel lighthouse.
There are currently eight units available ranging from $395,900 to $400,000. All the units are two bedroom, two bath with some facing the Gulf and some just steps from the beach. Map this Property Here!
Sanibel is over 60% conservation property and is considered a sanctuary island. There are also over 20 miles of biking/walking trails for your enjoyment! And Sanibel Arms West fits right in with our natural environment.
This week I added a terrific condo to my website condo pages. Tarpon Beach Condos are located on 2475 West Gulf Drive (Just east of where Tarpon Bay Road meets West Gulf Drive.
This popular condo is direct Gulf front with easy access to miles and miles of Sanibel's best beaches! Tarpon Beach has 30 units and is a popular rental for visitors. A large pool, tennis courts and tropical landscaping adds to the relaxing atmosphere. Shopping and our best restaurants are only a short drive away!
Check out my Tarpon Beach page and you can watch my short video of the property. As usual, I have the latest information on ALL properties available at this condo! Contact me!
On a separate note, we now get to brag about what Frommer's travel guidebook says about our island - We were named as the TOP travel destination in the world! This is nothing we didn't know, but it sure backs up what we've been saying all along. Sanibel has it all: miles of bike trails, miles of beaches, golfing communities, tennis courts everywhere you look, and some of the most famous conservation properties (Like the Ding Darling National Wildlife Preserve)! Check out the video below from our local news station.
Have a great day and I look forward to helping you find the best in Sanibel Island Real Estate and Captiva Island real estate!
Last year our local real estate market had some terrific gains! I don't think anyone will say our economy is fully recovered, but the stats for Sanibel home sales for last year (2011) show an increase of 30.7% over 2010!
In 2010 there were 124 Sanibel home sales, and in 2011 we had 179! Sanibel condos also showed some good news - in 2010 we had 120 condo sales and in 2011 there were 142.
This is great news for Buyers and Sellers. With sales increasing it just might mean we hit the lows and are now moving up again.
Another interesting fact is Sanibel's high end Gulf Front home sales. In 2009 there were just two Gulf front sales, in 2010 we had five sales, and in 2011 we had 14 Sanibel Gulf front sales! Check below for all the stats!
Sanibel Home Sales (monthly) for 2011
Sanibel Condo Sales (monthly) for 2011
Av. Selling Price
Days On Market
List to Sell %
I think it's easy to see that things are looking up! Our weather is beautiful (as usual), our beaches are fantastic (again, as usual) and we are ready to climb out of the bad economy of the last few years. So on that note, check out my four bedroom, four bath Captiva Gulf Front listing! This home is perfect for a getaway or a full time home. Renting is also an option as this house has a great rental history! CLICK HERE to check it out!
2011 is shaping up to be a much better year than 2010 with respect to Sanibel Island and Captiva Island real estate.
On Sanibel Island there have been a total of 271 houses, condos and lots sold thus far in 2011 versus 219 for the same time in 2010. That is a 23% increase in total volume. The prices of the sold units are up as well. Houses, condos and lots on Sanibel Island have a low prices that are 0 - 15% higher than last year with many more properties over $1 million having been sold.
On Captiva Island there have been a total of 39 properties sold in 2011 versus 26 in 2010. This is a 50% increase in volume. Prices on the top end have increased while some of the smaller properties have sold at a great value.
What is clear is that there will continue to be pressure on Sanibel and Captiva prices to hold or go up in the coming months based upon a greatly reduced inventory from last year. I have had several experiences this summer where my clients had properties sold prior to their being able to get an offer in. Additionally, the number of properties available to view and choose from was greatly reduced.
Greetings from Sunny (albeit humid) Sanibel Island, Florida
The Sanibel Real Estate market has continued to be strong through July and year-to-date we have had an 18% increase in closed sales 2011 over 2010. That is quite remarkable! Condos have lead the way with a 23% increase in the number of closed deals and an strong showing in the $1MM+ end of the market. Very encouraging.
Land sales continue to lag - we actually had more closed land sales year-to-date in 2010 than we have had this year. The values of existing homes is so much greater than the expense of purchasing a vacant lot and building new that the existing homes continue to be a better way to go.
Two clients I have worked with in July have experienced something we haven't had in a long time - loosing a property they were interested in to another interested party getting an offer in on the property first! I have also had clients have to deal with competing offers - another situation we haven't seen in a long time! With all this activity - we are seeing the inventory decline. This is due both to the number of sales as well as the time of year. We typically get more folks listing in October in expectation of the seasonal influx of visitors.
I hope you are having a great Summer and I look forward to hearing from you soon about your plans to come down to Sanibel! Till next time....Sarah
I haven't posted any Sanibel Island Real Estate Updates in a while because I have been soooo busy! That is a very good thing and a great sign of the health of Sanibel Island real estate.
After a very busy "season" - we had a good increase in the number of visitors to the island during the winter months, we are having a very busy real estate season. The number of closed transactions thus far in 2011 is up 16.6% over the same period last year.
In raw numbers we have had 176 closed sales thru June 10 of this year on Sanibel as compared to 151 last year. The only down segment of the market is in Vacant Land - we are still seeing little interest in purchasing a lot to build on when the prices of the existing properties is so attractive.
About prices - we have also started to see more interest in the middle and upper market properties. The lower priced properties are being bought up and buyers are being compelled to look at and purchase the higher priced properties. The $1.5+ properties are starting to move.
About inventory - this time last year there were over 300 Sanibel Island homes for sale and over 300 Sanibel Island condos for sale. At this time there are under 250 houses and under 240 Condos. With reduced inventory there will be some pressure on slight price increases and more resistance on the part of sellers to negotiate. It is still a buyers market but the tide may be turning a bit.
Wow! Here we are one quarter of the way through 2011. Time really does fly when you are having fun!
We are having fun - certainly more fun than our friends up north this winter - My girlfriend in Massachusetts texted me yesterday to let me know she had 6 inches of snow and no power - ouch. We have had the most outstanding weather this year in the 10 years I have lived here. Absolutely without question - warm, sunny days and cool, windows open, sleeping nights - perfect... But I digress....
On to Real Estate...March continued in a strong fashion. 2010 to 2011 we are just about the same in closings in the March vs. March comparison.
Comparing the total Q1 2010 closings to Q1 2011 closings we are 70 to 90 or 28% ahead of last year. That sounds pretty impressive to me. We also have 46 Houses and Condos under contract right now.
Prices? Well it is still a bit all over the map. We are seeing more transactions in the $1 million plus range than we did all of 2010. And we are seeing the $500 thousand to $1 million with more strength than last year. The bargain hunters are still out there and are still finding some deals though not as easily. The folks who need to sell are negotiating and those who do not, aren't.
What is "hot" in Sanibel Real Estate?: Sundial 2 bedroom condos. 5 have closed this quarter and the prices have come down to a great value for these larger, gulf front, gulf view units with rental potential. Pointe Santo de Sanibel came in 2nd with 3 closings in Q1 - 2011. Again - good values with rental potential.
This brings our total houses sold in 2011 to 24 and our total number of Condos to 22. Things are definitely improving. Particularly when you see that there are 49 Pending sales on Sanibel as well.
Are there any "Hot" neighborhoods? The answer is a resounding yes! Of the 24 houses sold on Sanibel thus far in 2011, 9 of them were located in the Dunes! For more about The Dunes, Click the photo or Click Here!
Contact me if you would like more detail on these numbers or would like to check out Sanibel Real Estate!
It is the first week of February and the islands are hopping! Likely due to the rough weather up north (I had to arrange to have 4 feet of snow removed from my folks home in Connecticut so I get it!) there are a lot of visitors here and many Sanibel Real Estate and Captiva Real Estate inquiries - yeah!
This activity prompted me to take a look at the number of Sanibel real estate closings last January and the number of closings this January. Lo and behold, there were 18 in 2010 and 22 in 2011. Given January typically isn't our month with the greatest number of closed sales, can we make the jump to believe that this year may have more closings than last? I think we can. If we get an additional 4 closings per month for the year, or 48 additional closings - we are on track to resume our more typical absorption rate of available Sanibel Island real estate inventory. This is good news for sellers and is even more motivation for buyers to get on it! If Sanibel Island has always been your dream - let me help you realize it while the prices are still low and the interest rates in your favor.
Here is brief look back at the Real Estate on Sanibel and Captiva Islands through 2010
A total of 303 properties were sold on Sanibel and Captiva Islands in 2010.This is a 7.8% increase in the total sold in 2009.Sanibel saw the most activity in 2010 with 265 properties sold making a 10.4% increase in total sold from 2009.There were 124 Houses, 120 Condos and 21 Lots sold.The real story is the increase in Condo sales.In 2009 there were only 86 units sold on Sanibel and in 2010 there were 120.Condos are back!
Captiva continued its slide with only 38 houses, condos and lots sold with Condo sales increasing from 22 in 2009 to 26 in 2010.More evidence that Condos are back.
Prices pulled back in all segments on both islands during the first part of 2009.They seemed to stabilize toward the end of the year.The values are very good!
Property Sold on Sanibel Island in 2010
Homes:124 with prices from $190,000 to $3,275,000
Condos: 120 with prices from $160,000 to $2087,500
My clients all want to know. So - here is what I discovered when mining the MLS system to see what went on January through September 2009 versus January through September 2010.
In all Sanibel real estate categories - Houses, Condos and Land - time on the market is longer and prices are down from 2009. The good news is that the number of transactions is up -- 181 in 2009 and 219 in 2010. This is a 20% increase over 2009 volume.
Below are the 2009 figures followed by the 2010 figures.
Is it a good time to buy - yes! With lower prices and low interest rates, it is a very good time to buy.
For as slow as March was, April has more than made up for it. Actually, for the first 4 months of 2010, Sanibel Island and Captiva Island have been busy. Sanibel Island has seen the inventory go down and the number of houses and condos sold and under contract go up! The prices, while still low, are holding a bit more than before. We have not started to see price increases and the number of price reductions has slowed. Below is a chart of the 2010 activity on both Sanibel Island and Captiva Island.
Activity - January - April 2010
Contact me if you would like additional information about what is going on in Sanibel Island and Captiva Island Real Estate.
Yes, there are short sale properties available on Sanibel Island.
There are currently 10 houses and 4 Condos that are Short Sales being actively marketed on Sanibel Island at this time. There may be more however these are the active one. There is one multi-family house and 9 single family houses ranging from $350,000 to $3,295,000.
There are 4 - short sale condos that are being actively marketed, all two bedroom, two bath units ranging from $219,000 to $744,900.
If you have been waiting for "a deal" on Sanibel Island, now may be your time to buy!
Sanibel and Captiva Islands Remodeling:Cost vs Value
Are you thinking of making some improvements to your Sanibel Island or Captiva Island home in 2010?You might be interested to know that replacing your Front Door leads the way when it comes to return on investment.Replacing your entry door with a high efficiency door will cost roughly $1100 to purchase and have installed.The National Association of Realtor’s 2009 – 2010 report on Cost vs Value reports that the recouped value of that project will be about $1,470 or 129.9% of the cost! (Realtor Magazine, January 2010, pg. 22)
Not only does it speak volumes about the value of Curb Appeal, it also can save you $$ with a more energy efficient door.
2009saw the available inventory drop which bodes well for the prices holding steady.At the end of 2008 we had over 300 homes and 300 Condos for sale on Sanibel Island alone.This year the inventory is as follows:
Current Inventory on Sanibel Island January 1, 2010:
Homes – 263 priced $239,000 to $13,500,000
Condos – 262 priced $194,000 to $3,365,000
Lots – 115 priced $195,000 to $5,250,000
Current Inventory on Captiva Island January 1, 2010:
Homes – 78 priced $879.000 to $18,000,000
Condos – 73 priced $280,000 to $3,875,000
Lots – 12 priced $775,000 to $8,500,000
From 1/1/2010 thru 1/15/2010 there have been 8 properties that have closed on Sanibel and there are 34 properties under contract on both islands. If you would like more information about the current state of Island real estate, email me.
Wow! Has it really been a month since I last posted a blog entry???!!
Well, let's start with a brief look back on the Sanibel Island and Captiva Island Real Estate activity in 2009.
A total of 281 properties sold on Sanibel and Captiva Islands in 2009.Sanibel saw the most activity with 143 Homes, 86 Condos and 11 Lots sold.Captiva continued it’s sluggish pace from 2008 with 16 Homes, 22 Condos and 3 Lots changing hands.
Prices continued to pull back in all segments on both islands in keeping with the economy in general.The good news is that the prices of homes and condos appear to have found a floor.
Property Sold On Sanibel Island in 2009:
Homes: Prices ranged from a low of $285,000 to a high of $3,900,000
Condos: Prices ranged from a low of $175,000 to a high of $3,200,000
Lots: Prices ranged from a low of $175,000 to a high of $750,000
Property Sold On Captiva Island in 2009:
Homes: Prices ranged from a low of $800,000 to a high of $7,250,000
Condos: Prices ranged from a low of $246,000 to a high of $2,175,000
Lots: Prices ranged from a low of $1,325,000 to a high of $2,900,000
If you would like more detail on these statistics, let me know. In my next post, I will take a look at 2010!
I have just listed a great one bedroom - one bath in the Sundial Resort on Sanibel Island. The unit has been meticulously maintained with updated furnishings and appliances. This unit participates in the Sundial Resort Rental program and grossed over $40,000 in 2008. Enjoy the beach, the pools, the tennis and the golf at this tropical escape. Listed for $389,000 it is one of the true resort units that can be run as a business.
Sanibel Island Real Estate at its best!
Click Here for more information and photo of this great condo!
There are some interesting statistics about Lee County Florida real estate activity. The number of closed house sales, year-to-date, through 8/17/09 is 50% higher than the same period in 2008. There have been over 10,000 properties sold in Lee County thus far this year! Only 25% of these were traditional sales with over half being foreclosures and the rest being short sales
The number of closed condo sales in Lee County thus far in 2009 has also jumped 33% over 2008. That brings it to close to 2500 condos sold so far in 2009! Just about 1/3rd of these were foreclosed properties.
It is great that these foreclosed and short sale properties are moving off the market. The sooner this happens, the sooner the market will start returning to some sort of normalcy.
On Sanibel Island we have not seen the same type of activity. There are many fewer properties in general and many fewer foreclosed properties. We have actually seen a 21% decline in house sales and a 20% decline in condo sales in 2009 vs. 2008. Because the great deals are not there, we have not had the activity that Ft. Myers, Lehigh and Cape Coral have seen. Sanibel prices too, while they have pulled back, we haven't seen the severe drop in prices that other parts of Lee county have experienced.
Check out my new page on the www.sanibelislandsensations.com website that features the Loggerhead Cay Condo community. http://www.sanibelislandsensations.com/loggerhead_cay1 Over time we will post additional information and add pages featuring additional condos. Let me know what other information you would like to see.
Sanibel Island real estate is still active and condos on Sanibel Island are at some very attractive prices. Is it time for you to get your piece of paradise?
The first quarter of 2009 was slow for Sanibel Island Real Estate Sales. A total of 34 homes and condos sold during this time on Sanibel Island. Otherwise known as not that many!
The second quarter of 2009 saw dramatic rise in sales as a total of 75 homes and condos were sold on Sanibel Island. Home sales continue to show strength in the first 1/2 of the 3rd quarter. If they stay on track, will match Q2's volume. Interest in condos appears to be declining for now. Some of this is likely due to the continued difficulty in financing condos. Many lenders are reluctant to finance investment condos or they require a larger deposit.
On Tuesday night I moderated a meeting of interested Sanibel citizens about installing Solar Hot water heating systems on Sanibel homes, condos and commercial buildings. At this time there are a number of State and Federal incentives to assist with the payment of these systems. The State of Florida is offering a $500 rebate and the Federal Government is offering a 30% tax credit (not deduction) toward the expense of installing such a system.
Aaron Fields of Advance Solar in Ft. Myers presented a proposal that would install these systems for under $2000 after all the rebates and tax credits. The payback period for the investment is 2 to 4 years depending on your water use. After that, the hot water is free of energy expense! The intention of this initiative is to get as many buildings on Sanibel Island using the energy of the sun to heat their hot water.
Sanibel Island is the perfect place! From a personal perspective, I have a solar hot water system on my pool and it is great. Aaron will be visiting my home very soon to see if Solar Hot Water is in my future! If you call Aaron, reference the Sanibel Solar Initiative for all the details.
Hi - I would like to introduce you to a new section of my website - SanibelGreen. Having just received my National Association of Realtors (NAR) Green Designation, I wanted to share some of the extremely useful resources that were shared with me. What the site pages attempt to do is to be a source for the resources.
Most of Sanibel and Captiva Island homes and condos were built before any discussion of Green. That does not, by any means mean that they don't possess elements that conserve electricity and water - key elements of being Green. It also doesn't mean that there couldn't be cost effective modifications to the property that would make it less expensive to operate and be beneficial to the enviromnent.
I am by no means an expert on Green Building, I am however more aware of what makes a property more friendly to the environment and usually, less expensive to operate. I will be using this blog space and my other ways of reaching out to my colleagues and clients to bring greater awareness of things we can all do to conserve our resources.
If you while visiting the site have suggestions for additional resources, let me know. Over time, I will be adding sections and new links to bring even more helpful information on making your house or condo more Green! In the mean time - click on the Sanibel Green button on my home page or go directly to www.SanibelGreen.com!
The news through May of 2009 about real estate sales on Sanibel is mixed.
We are looking somewhat similar to last year in number of sales. This year so far, 48 homes have closed which averages roughly 10 per month or 120 for the year. In 2008, 146 house were sold so we are down in the house category. In the Condo category, thus far 48 condos have closed which averages roughly 10 or 120 for the year. In 2008, 95 condos sold so we are up in the Condo sales category. We have 30 homes and 24 condos that are under contract to close so things are definitely moving. We also have many people here looking so my belief is that things will continue to be busy for the next 6 weeks or so.
What is also true however, and good news for buyers, is that the average sales price of both homes and condos is off by about 15 - 20 percent. There continue to be some great values out there so what are you waiting for?
If you would like more detail on the current market and how this affects your Island real estate decisions to buy or sell, contact me. It's a sensational day in paradise.
After 10 days with rain dominating all or part of the day - it is great to see the sun shining again on Sanibel Island. And the outlook for the weekend is sunny! This is true both actually and metaphorically.
It is true that it has been raining for most of the past 10 days - we desperately needed the rain so we are grateful. An unusually early 'tropical wave' and stalled low pressure system were the cause.
What is also true is that the sun is shining on Sanibel Island Real Estate at this time. There have been many people visiting here and bringing their check books. Contracts are being written and properties are selling again. It seems as though the cloud has lifted slightly and the folks that have always wanted to own on Sanibel Island are coming back. May 2009 (through the 22nd) are outpacing the previous 4 months. We have had 16 homes and condos close already and the number of properties under contract is growing. With the prices as relatively low as they are and the interest rates being at such low rates, it is truly a great time to buy.
Continuing with my recent discussion about where Sanibel Island Real Estate is at this time - Condos are our topic today. This isn’t pretty so hold on. In 2006, the median sales price of a condo on Sanibel was $768,000 and was on the market for an average of 119 days. In 2008 - the median condo price had dropped to $612,500 or down 20.23% and the days on market had climbed to 223 days. WOW - a world of difference. In 2009 we are continuing to see prices fall some - not as in a Ft. Myers fall but still a fall. Sanibel Island Real Estate continues to hold better than many markets but it is still not pretty. Until next time
Ok - I admit it - I am a Sanibel Island Realtor and I am always optomistic! There, I said it - I am optomistic. This time it is about some of the signs we are seeing, nationally and locally about the state of Sanibel Island Real Estate.
On the national scene, the stock market has been posting fairly consistant gains and yesterday we saw all the indices rise with some good news about retailing and even - banking! It is commonly believed that the stock market begins to rise about 6 months before an economic turnaround so, given that we have about 5 more months to go. The interest rates continue to be low and the credit, that has been strangling the most credit worthy of folks, is finally loosening just a bit! The employment data is really the big wild card. With so many jobs being shed it will dampen any uptick in the retail improvements - but time will tell. Having been a victim of the 1991 recession, being laid off, I can only tell you that things do improve and businesses respond in healthy ways
Locally - our tourist season on Sanibel has been healthy. Most businesses are reporting the same if not a bit improved figures over last year. And in Real Estate - we are seeing deals coming together. After one of the slowest starts in a very long time, we are now finally seeing properties go under contract. Since the beginning of the year, the low end is where the activity has been and now it is moving to the middle and high end. It is quite exciting to see. Personally I have a number of clients looking at coming down in May and June to look in earnest. There is a ground swell of opinion that the bottom, of the Sanibel Real Estate market, may at last be in sight. So maybe I'm not the only one who is optomistic!