It's nice, in fact great, to see our Sanibel real estate market getting fully on its feet again! This year, and last year, have been a continuation of the national economic recovery. It helps that bank rates are continuing to be at historic lows and home prices are extemely reasonable.
Sanibel and Captiva real estate have always been in demand, and it was the economic downturn that dragged us down. Lots of people were just waiting for the recovery to start before they jumped back into the market. Sanibel and Captiva are incredible places to live! As a long-time Sanibel resident, I can definitely relate!
In this blog I want to take a look at our Sanibel near-beach home sales.
Currently we have 52 near-beach Sanibel homes listed. Asking prices start at $424,900 for a two bed, two bath, 1401 sq. ft. ground level home on Tahiti Drive, to a four bed, three bath, 6045 sq. ft. home on Dingman Drive for $2,495,000. There are currently 5 near-beach homes under contract and pending sale.
So far this year we've had 71 near-beach Sanibel homes sold (that's right! 71). The listing to sales price, so far this year, has been 91%.
We are on track toward a great year. Last year during the same period we had 70 near-beach Sanibel home sales, which shows that for two years our market has been healthy. This is a great time to start your search for island property - rising market, low rates, good inventory and reasonable sales prices.
For a snapshot of our current market listings:
Sanibel Total home listings on Sanibel - 146
From a 3/1 on Court Place for $289,000, to a 3/5 for $23,000,000 on San-Cap Drive. Total condo listings on Sanibel - 134
From a 1/1 at Spanish Cay for $$264,000, to Sedgemore Condo for $2,999,900.
Captiva Total home listings on Captiva - 34
From a 3/2 on Dickey Lane for $879,000 to a 7 bedroom on Captiva Drive for $10,900,000 Total condo listings on Captiva - 30
From a 1/1 in Tennis Villas for $225,000 to a 3/3 Beach Home condo for $2,050,000.
Give me a call today to start your search for the perfect island property! I can do all the research for the property that fits your criteria and arrange for you to see it. If you're not on-island, no problem. I can send you photos and all the information you need to advance your search. I can find you just what you're looking for! In a few years there will be many who say, "If only I bought back in 2013 before prices and interest rates..."
This is a great new listing at one of our most popular condos! Nutmeg Village is located at 2777 West Gulf Drive - directly on the Gulf of Mexico!
This is a first floor condo with views of the pool and Gulf. Nutmeg offers tennis, shuffle-board, a large pool with deck, under building parking, and miles and miles of Sanibel's famous beach! The landscaping is beautiful.
This is unit 105 and it's being offered furnished with some exceptions. You can just pack your toothbrush and move right in! The views are stunning and the condo is true comfort and style!
This two bedroom, two bath condo was thoroughly remodeled and renovated, being designed for graciousness and comfort.
Check out the Tour!
The kitchen has been opened up has the best in counters, cabinets and appliances. The lanai is now part of the living space with the sliders removed. The open flow makes it feel like home from the moment you walk in.
This condo should definitely be put on your "must see" list if you are interested in Sanibel living at its best!
Give me a call at 239-691-4915 or use my contact form for more information about this great listing! Nutmeg is always a favorite and if you have been looking for condos on Sanibel, this one will fit all your criteria!
You can tell I'm excited about this unit - location, location, location!
Our winter season has ended, and our summer season isn't quite here yet, and that means it's the perfect time to start your search for island property! The weather is perfect, the crowds are gone, and our beaches are waiting...
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.
Owning a Vacant Lot is a great strategy for getting your toe in the water in a community you think you may want to live in the future, as well as a way to diversify an investment portfolio with Real Estate. It is relatively inexpensive to own (Real Estate Taxes) and relatively easy to maintain, perhaps clearing or mowing it periodically.
The challenge comes when you have decided that you aren’t going to build on it yourself and you wish to divest yourself of the investment in return for cash. The market for Vacant Land is a bit fickle. If the overall real estate market is experiencing reduced prices as we have been for the past several years, selling that lot can be tough.
When the prices of existing houses, on perhaps preferred lots is low, it makes the “buy the land and build on it” model a tough one from a financial perspective. Basically we are looking at the price of the land plus the cost to build and needing to be less than or roughly equal to the purchase price of an existing home plus any updates or remodeling. The formulaic side of me can’t help but state it as:
This of course doesn’t take in the entire story either. Clearly the ability to design your living space and to take advantage of current technology and building practices has a benefit. While, at the same time, not all folks are interested in the occasional hassles of the building process, particularly from hundreds of miles away.
Therein lies the conundrum. What is the actual value of a piece of Vacant Land? The variables are great and the comparisons of one piece of land to another is sometimes a difficult one. The value ultimately is in the eyes of the beholder.
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 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!
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!
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!
Lately I've been talking about all the different (and fabulous) condos and neighborhoods on Sanibel, and I have to mention one of my favorite! Seagull Estates is located on West Gulf Drive just to the east of Tarpon Bay Road. Seagull Estates is made up of two streets: Daniel Drive and Christofer Court.
The subdivision has beautiful landscaping and well-kept homes. Miles and miles of Sanibel beach is just across West Gulf Drive and the deeded beach access is easily accessible. Daniel Drive weaves through the neighborhood and has two entrances on West Gulf Drive.
One of the best features of this near-beach neighborhood is that it has its own clubhouse, pool and tennis courts for the residents' enjoyment! The clubhouse is large and it's the perfect place for gatherings and parties!
This is a highly desirable area and there have been three home sales so far this year. Both were three bedroom, three bath homes with selling prices from $549,000 to $720,000. As always you can contact me and I can fill you in on current properties for sale in this area.
I have a great video of this area and it's worth a look! Just go to my "Seagull Estates" webpage and check it out! If this area looks interesting to you, just let me know and I can put your email address in my "automatic search" system and you will be notified whenever a new listing hits the market!
I have also started a new program that I can offer Sanibel residents (For FREE of course!) where I will be sending out neighborhood updates. My updates will include current listings, recent sales and general information concerning the Sanibel Real Estate market with my views on current trends. If you are a resident, or just interested in a particular area, let me know and I will add your email to my list!
2011 has been good for business in East and West Rocks - a near beach neighborhood on Sanibel Island off the dead-end section of West Gulf Drive, west of Rabbit Road.
To date in 2011 there have been 7 houses that have sold and an additional one under contract. The sales prices have ranged from $520,000 for an older model, 3 bedroom, 2 bath pool home to $899,900 for a 4 bedroom, 3 bath pool home build in 1991.
The low price of $520,000 is an increase over the low price in 2010 of a comparable home by 5%. This increase reflects the active market we have seen in 2011 for properties on Sanibel Island. With the increase in activity comes a decrease in the inventory - hence a bit of price pressure.
The Days on the Market ranged from 91 days (meaning it went under contract very quickly after coming on the market) to 762 days. In the Real Estate market these days - 2 years to sell has not been uncommon. We are seeing that properties that are priced well - taking into account the age, condition and past sales of comparable properties tremendously reduces the time on the market.
Currently there are 4 Active listings in "The Rocks" ranging from $449,000 for a 2 bedroom, 2 bath property to $799,000 for a 3 bedroom, 3 bath home. Perhaps one of these should be yours!
To check out a couple of great videos of East Rocks and West Rocks... CLICK HERE!