Summer Sales Surge at Naples Square

With site work underway and vertical construction slated to begin in September, summer sales have surged at Naples Square, a new community located at the corner of 5th Avenue South and Goodlette-Frank Road being developed by The Ronto Group. Ronto reported that five sales transactions valued at over $3.5 million were processed in July and that five new contracts totaling approximately $5 million have already been processed in August. Scheduled for completion by fall 2015, Phase I will include 73 residences.

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Naples Square going to contract ahead of schedule

With over 55 reservations received, its condominium documents approved, and final construction plans submitted for fast-track permitting, The Ronto Group announced it is now securing contracts for residences at Naples Square ahead of its originally anticipated schedule. Ronto is developing the Naples Square community at the corner of Fifth Avenue South and Goodlette-Frank Road in downtown Naples. Naples Square will bring a sense of cohesion to downtown by connecting 5th Avenue to Bayfront with access on 10th Street via Third Avenue South. The community’s walkable lifestyle will put the downtown district’s combination of expansive beaches, eclectic shopping, eateries, and entertainment venues at its residents’ doorstep. Naples Square’s seven beautifully finished floor plans range from over 1,200 to just under 3,000 square feet and are priced from the $500s. The community’s location, pricing, and floor plans have generated a sense of urgency with homebuyers. Ronto now anticipates breaking ground on Phase I’s 73 residences this summer with completion anticipated in third quarter 2015.

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