Ronto Breaks Ground on Naples Square Phase III

The Ronto Group announced it has broken ground on construction of Phase III at Naples Square in downtown Naples. Phase III purchase agreements worth $37 million have been processed thus far. Situated at 5th Avenue South and Goodlette-Frank Road, Naples Square’s walkable lifestyle and the availability of one and two-story, two and three-bedroom plus den floor plans with open-concept living areas and open-air terraces continue to transform how people live downtown. The community is bringing a sense of cohesion to downtown by connecting 5th Avenue to Bayfront with access on 10th Street via 3rd Avenue South. Ronto has announced plans for the Shoppes at Naples Square, a combination of retail and restaurant space on the eastern edge of the Naples Square site. Ronto anticipates retail openings in 2019. Gulfshore Playhouse has finalized its purchase of a three-acre tract on the northern end of Naples Square and plans to build a multimillion-dollar 56,000 square-feet complex that will include two theaters and an education wing.

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Naples Square’s Phase III Residences Offer Enhanced Living Spaces

As Naples Square’s Phase I and Phase II residents enjoy their new downtown lifestyle, The Ronto Group continues to experience strong sales for residences included in the community’s Phase III offering. Phase III purchase agreements worth nearly $32 million have been processed and construction of the Phase III building is expected to start in 4th quarter of this year. Naples Square is being developed by Ronto at the corner of 5th Avenue South and Goodlette-Frank Road in downtown Naples. The community’s walkable lifestyle is bringing a sense of cohesion to downtown by connecting 5th Avenue to Bayfront with access on 10th Street via 3rd Avenue South.

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Naples Square Phase III Purchase Agreements Now at Nearly $32 Million

The Ronto Group announced Phase III purchase agreements worth nearly $32 million have been processed at Naples Square. Construction of the Phase III building is expected to start in 4th quarter of this year. Just two residences in the completed Phase II building remain available for purchase and feature Ronto’s Franklin and Denison floor plans. The completed two-story Franklin residence offers 3,378 square feet, including 2,857 square feet under air, a 196-square foot private balcony, and a private oversized one-car garage accessed from the residence. Priced at $1,425,422, the Franklin showcases upgraded features and finishes. The plan presents three bedrooms, three-and-a-half baths, a living room with a two-story ceiling and double-stacked windows, a dining room, an island kitchen, and a second floor with a 330-square foot flex room, the owner’s suite, a guest suite, a laundry room, and a glass tube elevator. The completed Denison residence features 2,554 square feet, including 2,264 square feet under air and a 290 square feet balcony. The plan features three bedrooms, a den, three baths, a family room and dining room, an island kitchen with counter height bar seating, and a wraparound balcony. The Denison is priced at $1,088,921. Three previously sold Phase II furnished models remain open for viewing with a sales associate.

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Residents Enjoying Customized Naples Square Residences

When The Ronto Group developed the design concept for Naples Square at the corner of 5th Avenue South and Goodlette-Frank Road in downtown Naples, it envisioned a community that would unite the downtown district while providing a maintenance-free walkable lifestyle. With just two residences remaining in the Phase II building and strong sales for the Phase III building that Ronto expects to start in fourth quarter of this year, Naples Square has transformed the way people live in downtown Naples and brought a sense of cohesion to downtown by connecting 5th Avenue to Bayfront with access on 10th Street via 3rd Avenue South. The walk-able lifestyle and availability of new one and two-story, two and three-bedroom plus den floor plans with open-concept living areas and open-air terraces continue to hold strong appeal for homebuyers.

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