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Island Update

Bailey’s to host wine tasting with food pairings

The operator of the Island Store on Captiva, Bailey’s General Store on Sanibel is going to host The Calling Wine Tasting on July 21 at 6 p.m. at the Captiva Civic Center, at 11550 Chaplin Lane, Captiva.

Guest speakers South Florida Sales Manager Pablo Pelaez and District Manager Eric Narvaez, both with the Brittany Sales Company, will join Bailey’s wine steward Calli Johnson to present The Calling lineup. The featured wines are: 2019 Sonoma Coast Chardonnay, 2019 Dutton Ranch Chardonnay, 2016 Sullivan Vineyard Chardonnay, 2019 Russian River Pinot Noir, 2019 Fox Den Vineyard Pinot Noir, 2018 Alexander Valley Cabernet Sauvignon, and 2018 “Our Tribute” Cabernet Sauvignon.

They will be paired with hors d’oeuvres by Chef Karl Hamme, with the Sanibel Catering Company.

James MacPhail pursued his dream to become a winemaker in the mid-1990s, mentored by some of Sonoma Country’s most respected winemakers and growers. Through the experience, MacPhail honed his craft focusing on pinot noir and chardonnay sourced from the Sonoma Coast and Anderson Valley.

Cost is $49.99 per person and space is limited.

Registration is required before July 14.

For more information or to make a reservation, visit https://www.baileys-sanibel.com/.

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Island Update

ISLAND HOPPER SONGWRITER FEST 2022

Plan ahead and mark your calendar for Island Hopper 2022, returning for its eighth year.

A 10-day music festival featuring performances by some of the country’s greatest singer-songwriters, the festival takes place in three areas, with the first weekend kicking off on Captiva Island, Sept. 16-18, then moving to downtown Fort Myers, Sept. 19- 22, and ending with a weekend on Fort Myers Beach, Sept. 23-25. Most shows are free with the exception of a few ticketed experiences, like our headliner shows.

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Island Update

Property tax valuations go up on islands

Early preliminary property tax valuations for Sanibel and Captiva have increased over 2021.

The Lee County Property Appraiser’s Office released its estimated tax roll values on June 1, which indicate a 12.13 percent increase for the city of Sanibel and a 15.93 percent increase for Captiva as part of unincorporated Lee County. Early estimated valuations for the fire districts on the islands also rose.

The official numbers will come out by July 1, then be sent to Tallahassee for state approval.

According to estimates, Sanibel’s taxable value rose approximately $680.78 million — the 12.13 percent — to about $6.29 billion. Assessed value increased 11.66 percent to about $6.63 billion, up $692.04 million from 2021. Just value rose 32.39 percent to about $8.57 billion, up $2.10 billion.

Also for Sanibel, taxable new construction increased from approximately $12.38 million to $23.07 million, while total just new construction climbed from about $15.70 million to $23.70 million.

County estimates, which include Captiva, show an approximate $15.29 billion rise in taxable value — the 15.93 percent — to about $111.29 billion. Assessed value increased 14.48 percent to about $130.24 billion, up $16.48 billion. Just value jumped 30.25 percent to about $173.27 billion, up $40.25 billion.

Also for the county, taxable new construction rose from approximately $2.16 billion to $3.29 billion, while total just new construction increased from about $2.29 billion to $3.58 billion. As for the county’s taxable school value, it jumped approximately $23.77 billion to $128.38 billion — up 22.72 percent.

In addition, early estimates for the Sanibel Fire and Rescue District and Captiva Island Fire Control District, plus Upper Captiva Fire District, have increased year-over-year, according to the information.

The Sanibel district rose 11.87 percent to approximately $6.42 billion, up about $680.77 million. The Captiva district saw a 11.87 percent growth to about $1.72 billion — a $182.79 million difference.

Upper Captiva experienced a 20.04 percent rise to about $288.49 million, up $48.17 million.

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Island Update

RSW Airport New June 2022

New air service at Southwest Florida International Airport (RSW)
Breeze Airways: nonstop to Las Vegas (LAS) and Charleston, South Carolina (CHS), twice weekly, beginning June 11.
Eurowings Discover: Frankfurt, Germany (FRA), weekly, year-round service
Alaska Airlines: Seattle (SEA) weekly, year-round service.

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Island Update

Sea turtle nesting season picking up

As of May 18, sea turtle nesting activity had started to pick up with a total of 62 loggerhead nests on the islands’ beaches, the Sanibel-Captiva Conservation Foundation reported. Staff and volunteers have been working each morning to survey the beaches of Sanibel and Captiva for signs in the sand of sea turtles that have come ashore.
Four teams monitor different stretches of beach every morning at dawn, collecting data from turtle nests and false crawls. If it is determined that the area is a nesting site, it is then marked off with yellow stakes, a screen to discourage predation and informative signage.

Volunteers Gwenda Hiett-Clements and Nancy Riley, who is a designated east end permittee, marked the first nest on the east end of Sanibel on May 4. As permittee, Riley documents crawls and nests reported by walkers on the east end, from Tarpon Bay Road Beach to the Sanibel Lighthouse.

As of May 18, Sanibel and Captiva had collectively logged 62 loggerhead sea turtle nests, compared to 76 reported nests on the same date last year. Forty-four had been laid on the west end of Sanibel, seven on the east end of Sanibel, and 11 on Captiva.

Click here for the entire article

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Island Update

Registration open for 4th of July Annual Rally

On July 4, starting at noon, the 42nd annual Road Rally begins outside Timbers Restaurant & Fish Market on Sanibel. This year’s proceeds will be donated to Community Housing and Resources. The event has been managed by the Sanibel Captiva Optimist Club until this year, when it was transferred to a new organization called The Friends of Randy of Sanibel.

Interested participants are encouraged to sign up early; registration will be limited to 50 vehicles.

In addition, past and potential new sponsors are invited to pitch in with donations. The registration form for participants is available at the Sanibel Cafe and Bailey’s General Store. For early or preferred start time, contact Randy at 239-699-8739 or rcarsonsan@gmail.com. For more information or to donate, call Randy, Tim at 941-626-2943, or Allen at 239-699-9474.

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Island Update

F.I.S.H. announces annual 10K 2022

The 14th Annual 10K Race 4 F.I.S.H. will be held in conjunction with the Fort Myers Track Club on Sunday, Oct. 22. Due to concerns about the pandemic, the event was held virtually the last two years.

Participating runners will receive a race tank with the F.I.S.H. logo on the front. In addition, F.I.S.H. is hoping to add a kids run, business expo and other opportunities to make this year’s 10K an extra special event focused on the organization’s 40th anniversary.

For information on sponsorships, as well as 10K Days — opportunities for island businesses to showcase their establishments and support F.I.S.H. — visit https://www.fishofsancap.org/.

For more information, contact Cortese at Dianerc10@gmail.com or Race Committee Chair Nicole McHale at noel2me@icloud.com

Categories
Real Estate News

SWFL April 2022 Real Estate Market Report

April 2022 SWFL Market Report

Closed Sales
Closed sales for the 12-month period ending April 30, 2022 were down 7.13% from the preceding 12-months, from 38,016 to 35,304. With the 12-month period through July 2021 marking the height of the buying frenzy with 42,071 closes sales, it comes as no surprise that 12-month rolling sales are now posting modest declines by comparison, and we should expect this trend to continue over the coming months as sales continue to normalize. Sales are still strong, however, with April 2022 posting 3,190 closed sales; an April sales pace only exceeded last year when 3,267 sales were posted for the month.

Listing Inventory / New Listings
2,590 properties were available as of April 30, 2022, up 3.31% from the same date in 2021. New listings during the twelve months ending April 30, 2022 were down 7.58%, from 39,179 to 36,210. After several months of year-over-year declines, monthly new listings for March and April posted increases of 5.91% and 3.34%, respectively.

Average Selling Price
The average selling price for the 12-month period through April 30, 2022 was $688,596, up 20.69% from the preceding 12-month period when the average selling price was $570,564.

Summary
While down 80% compared to pre-pandemic levels, listing inventory has posted slow and steady increases over the past three months. 2,590 homes were on the market as of April 30, a 27% increase from 2,035 posted in January. This is due in part to an increase in new listings in March and April, but also can be attributed to the pace of sales slowly cooling after several months of record-breaking activity. Compared to pre-pandemic levels, closed sales for the month of February were up by 31%. March reflected a 23% increase, and April’s closed sales were up 14% compared to pre-pandemic levels. This movement toward a closer-to-normal pace of sales is a welcomed trend for buyers desiring more options; however, with .88 months (27 days) of supply posted at the end of April, it’s clearly still a strong sellers’ market.

Click here for the full report

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Island Update

Ocean Tribe Paddling Club to host course

The Ocean Tribe Paddling Club will host a Coastal Kayaking Basic Rescue Skills course on May 5 from 1 to 3 p.m.; meet on the Causeway Island A — closest to the toll booth — at 12:45 p.m.

The course is for paddlers who want to learn basic fundamentals of rescuing their selves and others while kayaking. When paddling, one never knows the dangers that could be in the waters ahead. Learn how to get back in a kayak and help someone else if necessary.

Participants can bring their own vessel. Club members can reserve a loaner vessel in advance by contacting OTP@sccf.org. For more membership information, visit https://oceantribeoutfitters.org/.

To attend, RSVP at https://oceantribeoutfitters.org/eventsandregistration.

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Island Update

2-for-1 Diner’s Delight books valid for use

The Sanibel-Captiva Kiwanis Club’s 2022 Diner’s Delight coupon book is now valid through Dec. 16. It contains two-for-one coupons for many island eateries, for a possible savings of over $500. The books are available for a $40 contribution. Proceeds from the fundraiser are used by the club to support its Scholarship Fund for local students and grants to island youth recreation and education programs. The books can be obtained from Kiwanis members or at Bailey’s General Store, Bank of the Islands, Big Red Q Printing, Island Pharmacy, Island Winds Coiffures, Periwinkle Park office, SanCap Pak-N-Ship, and Sanibel Captiva Community Bank.