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Ronto Purchases Naples Beachfront Development Site in Partnership with Wheelock Street Capital

The Ronto Group announced it has purchased the Naples Mansion House property at 1601 Gulf Shore Boulevard North in partnership with Wheelock Street Capital.  The 5.25-acre beachfront condominium development site includes 482 linear feet of beach frontage on the Gulf of Mexico.  Ronto and Wheelock envision creating a low-density, highly exclusive development with fewer than 50 estate sized ultra-luxury residences.  The site plan and floor plans are currently in development.  Situated adjacent to Lowdermilk Park in one of Naples most preferred neighborhoods, the 1601 Gulf Shore Boulevard North site presents unobstructed, protected Gulf views to the south and west while providing direct access to a wide array of the finest dining options and vibrant entertainment corridors the Naples market has to offer, including Old Naples and Waterside Shops.  Interested parties are encouraged to register at Ronto.com.

“While our partnership with Wheelock Street Capital has brought us many phenomenal projects, 1601 Gulf Shore Boulevard North certainly stands out,” said Anthony Solomon, owner of The Ronto Group.  “Beachfront condominium development in Naples is incredibly limited due to the scarcity of sites directly on the sand.  Beachfront condominiums in Naples have been virtually non-existent since the turn of the century.  1601 Gulf Shore Boulevard North is perfectly positioned to capture the pent-up demand for luxury condominiums in the City of Naples.  We are thrilled to have this rare opportunity to create a pinnacle of ultra-luxury living, with 482 feet of beachfront at one of Naples’ most coveted addresses.  We look forward to bringing this beachfront address to the ultra-luxury market with a product that will be as unmatched as its views.”

The Ronto Group has established a legacy of excellence that spans more than half a century. The company has emerged as the most active luxury condominium developer in Southwest Florida, and one of the most active in the State of Florida.  Ronto processed sales agreements worth $365 million in 2021.  Ronto’s communities offer the pinnacle of luxury living, including championship golf courses, water views, spectacular residences, clubhouses, and recreational amenities. The company’s expertise in land development and construction has been recognized internationally.

Ronto is continuing to expand its collection of luxury developments.  The firm’s two new high-rises within Bonita Bay have redefined the high-rise living experience in Southwest Florida. The completed and sold out 27-floor, 120-unit Seaglass tower at Bonita Bay features open-concept tower residence floor plans, luxurious finishes, common areas with an on-trend look, and an amenity rich lifestyle. The Seaglass residences offer expansive views of Estero Bay and the Gulf of Mexico.

Omega is a new 27-floor high-rise tower being built by The Ronto Group and will be the final luxury high-rise tower built at Bonita Bay. Construction is on schedule for completion in 4th quarter 2022.

Omega is a new 27-floor high-rise tower being built by Ronto and will be the final luxury high-rise tower at Bonita Bay. Construction is on schedule for completion in 4th quarter 2022.  Omega will feature 67 residences, including 63 tower residences and four penthouses.  Architect Robert Swedroe and Ronto created a three unit per floor approach that allowed the residences to be wider and more spacious than any of the high-rises under construction in Southwest Florida. The residences will feature incredible views of Estero Bay and the Gulf of Mexico.

Vertical construction of Quattro at The Ronto Group’s Naples Square community in downtown Naples is progressing as planned and the building is expected to be completed in fourth quarter 2022.

Ronto’s walkable/bikeable Naples Square and Eleven Eleven Central communities have transformed the downtown Naples living experience. Naples Square is being developed at 5th Avenue South and Goodlette-Frank Road.  Quattro, the fourth building at Naples Square, is under construction and nearing sellout.  The Quattro residences offer the largest living spaces and some of the largest condominiums in downtown Naples. The Eleven Eleven Central community is  86% sold and is the fastest selling project in Ronto’s storied history.  Building 2 construction is nearing completion and construction of building 3 is underway.

The occupied Phase I building at Eleven Eleven Central is sold out.  Phase II is also sold out and construction is expected to be completed by second quarter.  Construction of Phase III is underway, and the building is expected to be completed in first quarter 2023.

Ronto processed 40 reservations worth $105 million in less than a week at its new Infinity luxury high-rise to be built in partnership with Wheelock Street Capital at The Colony at Pelican Landing in Bonita Springs.  Sixty-two residences worth $170,280,000 are now reserved. The Colony is situated west of Highway 41 on the waters of Estero Bay. Infinity is the first of two high-rises Ronto will be building within the gated Colony community and will be the first new high-rise built at The Colony in six years. The 22-story tower will include 96 residences with 3,075 to 4,020 square feet. The floor plans offer three bedrooms plus a den with three and a half baths or four bedrooms plus a den with four and a half baths.

Ronto, Timbers Company, and Wheelock Street Capital acquired South Seas Island Resort on the northern tip of Captiva Island. South Seas Island Resort holds an extensive history of drawing generations of families to its exclusive 2.5 miles of white-sand beaches. Since its founding in 1946, the 330-acre resort and wildlife preserve and estuary has been a staple of Florida tourism. The celebrated, family-friendly property boasts 434 accommodations.  An array of activities are available for guests of all ages.

Ronto and Wheelock Street Capital will also spearhead the development of the Rosewood Residences Lido Key. Situated along one of the country’s most beautiful beaches off the coast of Sarasota, Florida, and just a short walk from St. Armands Circle, the 65-unit condominium will be completed in 2025, with sales reservations now available.

To learn more about the luxurious living experiences being created by The Ronto Group, and to register for updates regarding its Naples Mansion House project, visit Ronto.com.