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Glenn Carretta

Season 2013

Broker Associate

VIP Realty (239) 850-9296 cell (239) 437-7718 e-fax

Search All Available Properties

“my Annie”

Phone for My List of Pet Friendly Condos

Buying or Selling on the Islands? Glenn Carretta, Broker Associate, a Top Island Producer for over 32 Years.

The Carretta Report 1560 Periwinkle Way, Sanibel Island FL. 33957 (239) 850-9296 cell •

Wide waterfront views of the Channel to Pine Island Sound

Buying or Selling on the Islands? Glenn has a guide essential for your review. In “Glenn’s Guide for Buying and Selling Island Real Estate,” the following information can be found: 100 questions to ask before buying island real estate, 10 steps for a higher rental income, insurance questions, and 87 more pages of essential information

Captiva Island’s Roosevelt Channel Roosevelt Channel was named after President Teddy Roosevelt who loved to fish in the Channel in the early part of the 20th century. Estate sized parcels on the Channel are limited to approximately 50 fortunate owners. These homes allow for a main home, guest home and an employee cottage (25% setbacks and coverage must be followed). To qualify as an estate zoned parcel it must be at least one acre. There are only a handful of empty acre+ parcels remaining presently just two on the market for sale. Captiva ‘s Roosevelt Channel estates are known for their long driveways, canopy of trees, and homes with their own whimsical signs.

1560 Periwinkle Way Sanibel FL 33957 • 239-850-9296 • The information in this brochures is believed to be accurate but is not warranted. Prices and properties are subject to errors, omissions & withdrawal without prior notice. If your property is currently listed for sale this is not a solicitation.

The 1.3+- vacant waterfront parcel adjoining this home to the South is available for purchase. Go to

• Wide waterfront views. • Boat dock with l0,000 lb. boat lift. • Over 1.25 acres of estate sized property. • Long winding driveway with a canopy of “Walsh” landscaping. • Beach deeded access directly across Captiva Drive. • “Old Florida” style home with New England inspiration. • Five bedroom, five & half bath, each ensuite. • Sunny pool surrounded by palms & bougainvillea. • Private 3-Story Elevator • Living room with 30’ ceilings & walls of windows & wide views of Sunset Bay & Roosevelt Channel. • Nearly 5000 sq’ of interior living space. • Offered designer furnished $3,590,000 More information go to

1560 Periwinkle Way Sanibel FL 33957 • 239-850-9296 •

Featured Island Properties Sanibel & Captiva Island

Just Over the Bridge

40% of all homes & condominiums now pending or contingent

as of March 1, 2013 on Sanibel are listed with VIP. Go VIP! Sales on Sanibel past 90 days Homes Sanibel • Just over bridge in popular Shell Point area. This 3/2 + family room & pool is the least expensive home on direct access water w/ dock in the sought after subdivision. $479,000

40 homes closed with a whooping 9 Bay and Gulf front homes

sold , moving the price average up to $943,000 Condominiums Sanibel •

28 sales with average price $ 460,000. The average list/

sale ratio was 93% indicating the popularity of entry level condominiums. Sales on Captiva past 90 days Homes Captiva •

5 sales closed with average price $ 4,237,000. Captiva Condominium

Sanibel Arms West I-1 - 2/2 corner unit. 500 ft beach front complex. W/D in unit. Views of gardens to pool. Income excess $34,000 year. 11% rental commission. $435,000

Gated Shenandoah. 4bd/4ba estate home on 1 acre. Close to Sanibel. 1 bedroom is cozy guest house. Pool spa, lake front, upscale, high ceilings. Wide lake views! $1,195,000

6 closed with average price $ 633,000.

A Guessing Game with Revealing Answers 1. How many 3bd/2ba homes with pools are for sale in gated communities in S. Fort Myers priced below $300,000? ( Answer ) Less than 9! Captains Walk, upstairs corner unit 2/2 w/ lanai overlooking gardens & canal. Perfect 2nd home or retirement retreat. Low fees. $224,500. Deeded beach access just short bike ride away

Jonathan Harbour Home w/ gorgeous bay views & oversized lot for privacy. 4BD/4.5BA, fireplace, high ceilings, exercise room, elevator, bamboo floors. Dock & lift. $1,389,000.

2. What is the list/sale ratio for Sanibel residential homes in past 30 days? ( Answer ) 94.3% FACT: Up from previous 30 days when the ratio was 90% . 3. What are the average days on the market for residential homes on Sanibel sold past 30 days? (Answer) 228 days FACT: Down from the previous 30 days which ran 255 days.

Captiva Roosevelt Channel parcel of 1.3 acres+- Dock in place, partially cleared. Build Main residence , guest home and employee cottage on this estate land which adjoins the Featured property on cover. $1.590,000.

Popular Cross Creek- Daniels corridor. Beautiful pool home on nearly 1/2 acre w/ fruit trees & flowers. Updated 3/2 + f/room. Newer kitchen, spa bath, new floors. $299,700

1560 Periwinkle Way Sanibel FL 33957 • 239-850-9296 •

Active Properties as of March 7, 2013

All information is obtained from the Sanibel/Captiva MLS •

East rocks- Near beach home off West Gulf Drive. 3bd/2ba + pool- lake front! Corner location! Circular driveway! Excellent floor plan! $579,000. Beach path just 12 homes away...

Market Availability

Glenn’s Island Scoops

4. What annual incomes are owners grossing on Captiva preferred homes? ( Answer ) $150,000- $ 200,000 year.

information obtained through Sanibel-Captiva MLS Homes Sanibel Gulf


$2,600,000 - $5,000,000

Bay front


$1,549,000 - $3.900.000

Canal front


$479,000 - $3,595,000



$299,000 - $2,999,000

Near Beach


$440,000 - $ 2,600,000

Condominiums Sanibel 2/2 Gulf


$359,000 - $1,875,000

3/2+ Gulf


$755,000 - $ 3,000,000


# 17

$2,495,000 - $12,300,000



$3,495,000 - $4,995,000

Near Beach

# 20

$795,000 - $2,395,000

Homes Captiva

Condominiums Captiva 2/2 Gulf


$575,000 - $ 1,299,000

3/2+ Gulf


$778,000 - $ 2,2280,000

My niece just got married on Captiva Island, the most romantic destination in America!

1560 Periwinkle Way Sanibel FL 33957 • 239-850-9296 •

Glenn's Real Estate News 2013  
Glenn's Real Estate News 2013  

Sanibel, Captiva and Fort Myers real estate news and featured properties