- December 13, 2025
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The Ronto Group, as part of a plan to develop a five-star, hotel-branded condominium tower in Sarasota, acquired the Coquina on the Beach hotel on June 1 for $15 million, property records show.
The acquisition of the 34-unit, three-building Coquina property, at 1008 Benjamin Franklin Dr., comes five months after the Naples-based firm bought the Gulf Beach Resort Motel next door for $24.5 million.
