Sanibel and Captiva Islands Real Estate Blog

Blind Pass Restoration Project Update

2008-12-02T08:06:00.000-08:00

Blind Pass Restoration
Weekly Progress Report
Nov. 23rd thru Nov. 29th, 2008
Contractor: Energy Resources Inc.
Original Contract Time: 180 days
Estimated Volume: 127,286 cyds
Required Production Rate: 708 cyds/day
Time Remaining: 180 days
Volume Placed: 0 cyds
Avg. Production Rate: N/A cyds/day

The following tasks were completed during the weeks of Nov. 23rd thru Nov. 29th:
- Dredge "Michael" arrived at Blind Pass on Monday, November 24th. Both
dredges are anticipated to work 6 days a week (Mon - Sat.) during daylight hours for the duration of the project.
- Vegetation clearing landward of Blind Pass Bridge was completed on
Wednesday, November 26th.
-The Contractor completed the installation of the GPS monitoring devices for the cutterheads on Wednesday, November 26th.
- Lee County and the Engineer notified the Contractor of overdue submittals on
Tuesday, November 25th. The Contractor provided some of the submittals on
Wednesday, November 26th.
- The Contractor stopped operations from Wednesday, November 26th thru Sunday, November 30th in observation of Thanksgiving.

The following tasks are anticipated during the week of Nov. 30th thru Dec. 06th:
- Dredging may begin as early as Tuesday, December 2nd for beach placement and Wednesday, December 3rd for nearshore placement.
- The Pre-construction surveys, the Contractor's QA/QC plan, and turbidity monitoring submittal are anticipated by Tuesday, December 2nd.
- Vegetation clearing operations seaward of the Blind Pass Bridge are anticipated to be completed by Tuesday, December 2nd.
- Construction of the steel sheet-pile containment cell is scheduled to begin by Friday, December 5th.
- One (1) additional load of pipe is scheduled for delivery on Monday, December 1.
The additional pipe will be fused and connected to Dredge "Michael" for
nearshore placement.

Outstanding and other Items to Note:
- The DEP, Ding Darling NWR, and Lee County will be planning public meetings
on Sanibel and in Ft. Myers to discuss a proposed "No Motor Zone" in Wulfert
Flats. The public meetings are anticipated to be scheduled in the months of
December and January.

Click here for accompanying photos: Blind Pass Project Update.pdf

Sanibel Real Estate, Price Reduction

2008-11-18T11:08:00.000-08:00

It doesn't get any better than this! Incredible asking price on this beautiful Key-West style, completely remodeled home offering 3 BR/2BA located in a desirable East-end neighborhood. Situated on a canal, property includes a dock with Gulf & Bay access. The floor plan is spacious, with multiple sliders to a large wooden deck overlooking nicely landscaped and private backyard. This home is a real island treasure and is perfect for entertaining family and friends. Close to the beach access and Gulf of Mexico. Asking $825,000

Sanibel Island, Price Reduction

2008-11-18T11:06:00.001-08:00

Beautiful views of Dinkins Bayou from this 3 BR/2 BA ground level home. Spacious floor plan, screen enclosed heated pool, dock with Gulf access and a two car garage all surrounded by native vegetation. Asking $995,000

Ft. Myers Real Estate, New Listing

2008-11-18T11:02:00.000-08:00

Completely remodeled 3 bedroom and 2 bath home. Great floor plan with a new kitchen and master bath. Sold partially furnished. Brand new paint, carpet and tile floors. Situated close to the beaches of Sanibel and Ft. Myers beach. Asking $239,000

Captiva Real Estate, New Waterfront Listing

2008-11-18T10:37:00.000-08:00

Spectacular views of the bay from this completely remodeled, fully furnished, 2 bedroom, 2 bath condo. Situated just a short stroll from the Gulf of Mexico beaches and Captiva’s “Village”. Community amenities include a 200 ft. dock-fishing pier with water, electricity, direct boating access and a sparkling community pool. Asking $1,064,873

Captiva Real Estate, Price Reduction

2008-10-31T12:46:00.000-07:00

Price reduced on this gorgeous Bay-front property with 4 bedrooms and 4.5 baths. Water views from every room. Gorgeous details throughout including Travertine marble floors, crown molding, security system, intercom, private elevator, marble, granite and tile bathrooms, custom kitchen with Cherry cabinets, triple edge granite counters and top of the line appliances. Hurricane rated windows and lower level electric hurricane shutters, 4 zone a/c and 12 KW built-in generator. Beautiful outdoor entertainment area with a screen enclosed heated pool and spa, shared dock and boat lift with water and electricity. This house is spectacular and priced to sell! Asking $5,995,000

Captiva Real Estate, Price Reduction

2008-10-31T12:41:00.000-07:00

Price has been reduced on this spectacular Gulf of Mexico views from this beautiful, remodeled 3 bedroom and 3 bath Captiva cottage. Hardwood Oak floors, spacious living/dining combination, Southern yellow pine ceiling and wainscoting, handicap accessible, kitchen with Corian counters and sold furnished. Shared dock with Gulf & Bay access. Captiva Island offers some of the best fishing, shelling and wildlife on the West Coast. Asking $3,995,000

Sanibel Real Estate, Price Reduction

2008-10-31T12:34:00.000-07:00

Price reduced on this fantastic custom built home in Beachview Country Club. This beautiful island contemporary residence is located on preferred Birdie View Point and features spectacular water and golf course views. A home with great character and style offering soaring ceilings, multiple rooms to gather and enjoy, lots of upgrades, new kitchen and baths, granite counters, stainless steel, appliances, wood and tile floor, large lanai that is great for entertaining, raised oversized lap pool, open loft area, a huge master retreat with screen porch and so much more. Discover island living at its best! Asking $939,000

Captiva Real Estate, Price Reduction

2008-10-31T12:26:00.000-07:00

Price reduced on this charming 2 bedroom and 2.5 bath home situated in a great family/vacation community. Just steps from the Gulf of Mexico beaches, bay and Captiva's "Village". Tile floors, fireplace, screened porch and a private sundeck. Open and spacious layout sold furnished with a few exceptions. Community amenities include a pool, tennis courts, BBQ grills, beach access, docks with Gulf and bay access. Asking $825,000

Captiva Real Estate, Price Reduction

2008-10-15T09:27:00.000-07:00

Price Reduced on this fantastic direct Gulf-front condo. Captiva Shores offers the best of both worlds in it's Gulf to Bay location. Steps to the beach or steps to the dock. Enjoy some of the greatest fishing, stunning sunsets or world renowned shelling. The perfect 2nd home or vacation rental. Asking $998,000

Sanibel Real Estate, Price Reduction

2008-10-15T09:11:00.001-07:00

Price reduced on this great canal front lot located in Caloosa Shores on Sanibel Island. This quiet subdivision borders Ding Darling Sanctuary. Build you island paradise on a direct access canal and enjoy some of the BEST fishing in the area. Asking $449,000

Sanibel Real Estate, Single Family 3rd Quarter Sales Statistics

2008-10-13T09:17:00.000-07:00

Third quarter sales for single family homes on Sanibel continue to depict a downturn in pricing and values across the island. 31 homes sold from July 1, 2008 through September 30, 2008, the same number of homes to sell a year ago during the same period. But although sales volume is steady for the quarter, average sales prices continues to drop. According to the data taken from the Sanibel Captiva Association of Realtors Multiple Listing Service, the average sale price for a single family home was $874,419, compared to $994,044 for the same period in 2007.

What is interesting to note is the average sale price for the 3rd quarter over the span of 6 years back to 2003. The data indicates an almost perfect bell curve reflecting the gain in value leading to the peak in 2006 ($1,150,000) and the subsequent downturn since. The data is graphed here 3rdqtr03-08. One can see the average sale price for the 3rd quarter in 2004 was $848,000, compared to the current (2008) value of $875,000. Although this represents a 24% drop from the peak, homes are still selling 10% above 2004 prices. In other words, unless you purchased a home in the last three years, our single family market on Sanibel is performing just fine. Once again another indication real estate should be considered a long term investment.

The full 3rd quarter statistics data can be found here 3rd08Page.htm . If you have any questions, please do not hesitate to call me or one of the skilled agents on The Bell Team.

Rob Pailes
(239) 691-2265

Sanibel Real Estate, Beachview Community Market Update

2008-09-16T07:06:00.000-07:00

Inventory of available homes on Sanibel and Captiva continues to be at an elevated level. Sales activity in the months of March, April, May and June was higher than in the prior months, but now that late Summer and early Fall is upon us, the typical slowdown for this time of year has allowed new listings to once again push the inventory back up.

Beachview currently has 21 homes available for sale, with list prices ranging from $799,000 for a 3BR/3BA 2400 sq/ft pool home located on the golf course to $2,280,000 for a 3BR/3BA (approx.) 4000 sq/ft home also located on the golf course with a lake view. The selection of styles, locations, price and age of homes is tremendous for anyone looking to own a home in this popular Sanibel community, and with an average of 290 Days on Market (DOM) for the active listings, it is no doubt many of these sellers are anxious to receive offers.

Eleven homes have sold this year in Beachview, with sale prices definitely reflective of the soft market conditions of the last 24 months. $700,000 bought a great 3BR/2BA, nicely furnished pool home with almost 2000 sq ft in late April. The high sale was $2,500,000 for a spectacular Wolter Group Home designed by RG Designs. The home sits on a very large lot with fabulous lake and golf course views and is just two blocks from the beach. Floor plan includes 5 bedrooms and 4.5 bathrooms, an office, a billiards room, state of the art fitness room, and a rec room. Features include a screened lanai with fireplace, private elevator, gourmet kitchen, 2 wet bars, hardwood floors, lots of built-ins, crown molding throughout, lovely pool and spa, and fully enclosed lower storage.

Please view the entire community market update HERE.

Beachview Golf and Tennis Club has a semi-private 18-hole, Par 71 championship golf course wrapped around the scenic beauty of the Sanibel River and offers an extraordinary golf experience for players of all skill levels. Tennis is also a very popular sport on Sanibel, and Beachview boasts award winning state of the art Hydro-Grid Tennis Courts.

Posted by Rob Pailes

Captiva Real Estate, New Listing 11515 Wightman Lane

2008-09-11T09:43:00.001-07:00

"Endless Summer" - 11515 Wightman Lane

Impeccable quality and workmanship abound the minute you walk through the doors of "Endless Summer". Natural materials of imported marble, cherry floors, mahogany custom cabinets and interior doors, African granite counters, 10' ceilings on main level, detailed millwork, elevated granite pool and spa, fire sprinklers, elevator, central vacuum and top of the line appliances are featured.

The home opens to a spacious outdoor entertainment area surrounding the salt water pool and spa. The Great room features 15' ceilings in Brazilian koa wood with a gas fireplace.

Native landscaping with brick pavers on walks and driveway and 2+ car garage.

Ideally located in a very near beach setting with fine dining and galleries around the corner, "Endless Summer" is an energy-efficient home designed and built by renowned local architect Kevin Farrell.

Sanibel Real Estate, Tarpon Beach Condominium

2008-08-24T12:34:00.000-07:00

NEW LISTING

Sanibel's beaches are among the finest anywhere, famous for their world-class shelling and wildlife. This extraordinary Gulf-front condominium in the popular Tarpon Beach on West Gulf Drive puts the beach just a few steps away. A west corner unit with 2 bedrooms, 2 bathrooms and an incredible view of the Gulf of Mexico, this is the perfect vacation home or rental property.

A low density complex of 30 units with exceptional floor plans, Tarpon Beach offers tennis courts, a beach-side pool, and a short boardwalk stroll over luch tropical vegetation to the beautiful Gulf of Mexico beaches of Sanibel. The west corner location is ideal, allowing the extra side windows to light the space nicely while providing an open and spacious feel to the dining and living areas. In addition, the lovely master suite adjoins the prive gulf view lania. The residence has been well cared for and is in excellent condition.

Click here for additional information about this listing

The New BellTeam.com Today is a great day for everyone on The Bell Team........

2008-07-13T12:12:00.000-07:00

Today is a great day for everyone on The Bell Team. After two months of planning and development we are set to launch our new web site at TheBellTeam.com. Totally redesigned, this new web site will be the best resource on the internet for Sanibel real estate, Captiva real estate and properties throughout southwest Florida.

First of all we would like to thank the incredible team of developers and staff at SMSold, the company responsible for creating the site. It is everything we had hoped it would be and more, while everyone out in California has been a pleasure and a joy to work with. We look forward to a long and fruitful relationship. In many ways our work together has just begun, as now we have the task of optimizing the site to ensure everyone looking to buy or sell real estate in southwest Florida has an opportunity to locate and visit TheBellTeam.com.

Our goal at TheBellTeam.com is to offer the best possible tool on the web to locate, view and learn about the many real estate opportunities the islands of Sanibel and Captiva and southwest Florida have to offer . We feature the best promotional photography available to showcase our featured listings, while providing a detailed yet simple map based search to view all the property currently available in the marketplace. With our Property Tracker feature you can: access saved searches and favorite listings, receive email updates when new listings are added, and email or request more info on all your favorite listings at once.

As you explore the various pages on the site, you will find additional information and resources about local real estate and The Bell Team. Read our philosophy and get to know the team members, learn about how we market and promote luxury island real estate, and discover why we are the Realtors of choice to guide you through the buying process. And of course, this blog will be a useful resource for current and relevant market data and information, real estate news and property updates. Visit often to follow the trends of our market and stay informed.

Thank you for visiting TheBellTeam.com. We are confident it is the last address you will need until we hand you the keys....

The Bell Team