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Summer 2011

The Carretta Report Glenn Carretta

Broker-Associate with John R. Wood, Island Real Estate Inc 239-850-9296

There Has Never Been a Better Time to Call Sanibel Home! Bay Waters Moments Away!

1141 Paper Fig Court: Estate Home on Deep Water, Shell Harbor. Romantic Olde Florida style with hardwood floors & fireplace. Picture perfect backyard pool & spa with tiered decking & exceptional entertainment areas. Bay waters moments away. 3 bedroom, 3 bath plus lanais & open decking. Furnished in “Sanibel style”. Meticulously maintained, new windows & doors. $1,594,000 furnished

East End, Canal Home on Sought After Anchor Drive!

676 Anchor Drive: 3 bedroom, 3 bath with family room & sparkling pool. Located on one of Sanibelʼs most popular streets. Short stroll over magical walking bridge onto beach access. Nearly all rooms flow perfectly onto the covered & open outside entertainment areas. From the tile floors throughout, to 27ʼ master retreat, this is truly a special home which has been well cared for by full time owners. Circular driveway & private back yard with mature palms. Don’t miss this one! Beach & Boating. $819,000 1019 Periwinkle Way Sanibel FL 33957 • 239-395-3100 or 239-850-9296 •

Featured Island Properties 998 Whelk Drive, Water Views from Every Room!

Shell Harbor with impressive curb appeal. Canal front with views down length of canal. Has the walk in ”wow” factor. 3 bedrooms plus den, cathedral ceiling, great room. 5 sets of pocket sliders open to paver patio area surrounding pool. Private beach access. $799,000 Live the east end lifestyle! Scan the QR Code for pictures, videos & details

2294 Wulfert Road , The Best Sanctuary Golf Course Value!

4 bedrooms, 4 baths plus den includes a guest home overlooking pool and spa. Over 3600 sq’ living space well designed for extended family. Quality details includes fireplace, coffered ceilings, crown moldings, seamless windows, and much more. The living room flows beautifully into the eat in kitchen and formal dining room. Just added new windows and doors. Offered mostly furnished for $1,149,000 Go to for pictures and videos 1019 Periwinkle Way Sanibel FL 33957 • 239-395-3100 or 239-850-9296 •

Market Availability

Just Listed- Lexington Country Club!

Sanibel Home Inventory Canal Front Near Beach Inland Bay Front Gulf Front Bayou Front

A Sanibel “Sister” Community. Gated neighborhood with resort style amenities: golf course, tennis, swimming pools, restaurant, clubhouse & a calendar filled with activities. Great value for a 3 bedroom nearly new condo with updated granite kitchen, baths & floors. Convenient location just 7 minutes to Sanibel’s beaches & close to hospital, airport & other wonderful S. Fort Myers activities. Mostly furnished for $219,000.

57 102 40 13 16 8

$599,000 - $2,695,000 $339,000 - $2,775,000 $295,000 - $3,699,000 $2,19,600 - $4,995,000 $1,895,000 - $10,000,000 $949,000 - $2,795,000

Sanibel Condominium Inventory Gulf (2/2) 108 Gulf (3/2+) 31 Canal 6 Near Beach 29 Gulf 2/2 Sundial 24

$350,000 - $1,599,000 $630,000 - $3,399,000 $245,000 - $489,000 $165,000 - $729,000 $300,000 - $900,000

Sales comparison 2010 & 2011 for period of time 1/1-6/7 2010 2011 Closed homes 70 Closed homes 85 Average price $786,000 Average price $833,000 Closed condos 68 Closed condos 78 Average price $578,000 Average price $668,000

Glenn’s One Liners • 1/2 Sanibel & Captiva transactions are now cash closings. • Financing? You will need 20-25% down and non-US likely 30-35% cash down. • Interest rates have not been this low for decades. • Homes on Sanibel allow for monthly rentals in general, though some subdivisions are more restrictive (check HOA docs). • Homes on Captiva allow for weekly rentals in general, though may vary depending on location. • The are just 3,981 single family homes and 3,115 condominiums on the island. • Sanibel School grades K-8 has an enrollment of approximately 377 students. • Homes will cost more to carry than a condo by around 20%. • Home or Condo? Condominiums will get you closer to the beach for less money. • A rental condo with preferred locations and in A+ condition will see $30,000 - $85,000 income. • Sanibel has 254 Realtors in the MLS. • 10% of the Realtors produce 80% of the business. Glenn’s office is at John R. Wood located at 1019 Periwinkle Way 1019 Periwinkle Way Sanibel FL 33957 • 239-395-3100 or 239-850-9296 •

Glenn Carretta

Broker Associate

John R. Wood, Island Real Estate Inc 239-850-9296

Why Glenn? Glenn Carretta has been a familiar name on Sanibel for over 30 years. A top Island Realtor year after year, clients and customers both agree she has unwavering enthusiasm, knowledge and experience. After her 400+ transactions in island sales you may say she’s a seasoned professional.

Selling on the Islands? Selling on the Islands? Since Glenn has purchased and sold 6 of her own personal ok Bo o t ho family residences and rental le P p properties on Sanibel she Sam has a special understanding of the process. Glenn keeps her clients informed weekly through e-mails & notes on all market adjustments. All interested buyers and sellers can track island weekly sales activity on Glenn’s website. Go to “The Carretta Report” for closing activity and Glenn’s thoughts on the market.

Top Internet Exposure!

Buying on the Islands? Buying 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. 78 more pages of necessary knowledge.

Thinking of Selling this Fall/ Season?

Now is the time to prepare for your sale. Call Glenn, Her Marketing Includes: Home preparation for best impression Open Houses Musical Videos (sample one at Individual Property Websites Hard cover book with pictures on your property “The Carretta Report” Picture postcards and more. Call me for appointment to discuss your property 239-850-9296 Scan the QR Code to request Glenn’s Guide

1019 Periwinkle Way Sanibel FL 33957 • 239-395-3100 or 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.

Summer Newsletter  
Summer Newsletter  

Sanibel and Captiva Information and Market update