Phase III Construction Continuing to Progress as Planned at Naples Square

The Ronto Group reported construction of the Phase III building at Naples Square is progressing as planned and on schedule for completion in spring 2019. Concrete for the fourth floor has been poured. Installation of the rough electrical wiring and plumbing is underway and forming of the first elevated sections of the building’s east half has started. 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 have transformed how people live downtown. Eight Phase III one and two-story floor plans from 1,460 to 3,238 square feet under air are base-priced from $750,000 to $1,645,000. The two and three-bedroom plus den plans feature 10’ ceilings, open-air terraces, and designer kitchens with an enhanced appliance package.

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All Three Phase III Model Leasebacks Now Sold at Ronto’s Naples Square

The Ronto Group announced that all three of the Phase III furnished models at Naples Square are now under contract. The models feature the Phase III Biltmore, Chatham, and Dover floor plans and will remain open for viewing after completion of construction through a developer leaseback. Ronto continues to generate strong sales for its Phase III residences. Less than 25 purchase opportunities remain available. Phase III sales transactions worth more than $60 million have been processed and the Phase III building is more than 70% sold. Two of the Phase III floor plans, the Dorset and Emerson plans, are sold out. The Phase III building is on schedule for completion in spring 2019. Three previously sold Phase II furnished models remain open for viewing with a sales associate.

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Four Phase III Astoria Residences Remain Available at Naples Square

The Ronto Group announced that four residences featuring its Phase III Astoria floor plan remain available at Naples Square, a new community being developed by Ronto at 5th Avenue South and Goodlette-Frank Road in downtown Naples. The four remaining Astoria residences are base-priced at $750,000 to $800,000. Phase III sales transactions worth more than $60 million have been processed and the Phase III building is nearly 70% sold. Just 25 of the 77 residences in the Phase III building remain available. One of the three furnished models in the Phase III offering that are available for purchase with a leaseback has sold. Two of the Phase III floor plans, the Dorset and Emerson plans, are sold out. The Phase III building is under construction and on schedule for completion in spring 2019. Three previously sold Phase II furnished models remain open for viewing with a sales associate.

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Ronto Continues to Generate Strong Sales at Naples Square

The Ronto Group reported it is continuing to generate strong sales for its Phase III residences at Naples Square. Less than 25 purchase opportunities remain available, including just five Phase III penthouse residences. Phase III sales transactions worth more than $60 million have been processed and the Phase III building is now more than 70% sold. Two of the three furnished models in the Phase III offering that are available for purchase with a leaseback have sold. Two of the Phase III floor plans, the Dorset and Emerson plans, are sold out. The Phase III building is on schedule for completion in spring 2019. Phase II is sold out. Three previously sold Phase II furnished models remain open for viewing with a sales associate.

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