South Seas announces the successful acquisition of a 22-acre property, formerly owned by the Robert Rauschenberg Foundation, that spans from beach to bay on Captiva Island.
South Seas purchased the property from the Foundation, which served as its owner following the 2008 passing of Robert Rauschenberg, the 20th-century American artist. The property, which runs along Laika Lane and Captiva Drive adjacent to South Seas and Captiva Village, includes 10 buildings and spans extensive waterfront footage along both the Gulf and Pine Island Sound.
The purchase is another joint venture between Timbers Company, Wheelock Street Capital and The Ronto Group, which purchased South Seas in 2021. While specific development plans have not yet been finalized for the recently purchased property, South Seas is exploring options that align with the reimagined resort. South Seas is also looking at ways to honor the legacy of Robert Rauschenberg and his visionary artistry as plans develop for the property.
The resort is also preparing to introduce a new luxury hotel as well as the Timbers Captiva Club & Residences at South Seas, a thoughtfully designed private residential experience. The unveiling is anticipated this summer at South Seas. Visit TimbersCaptiva.com for more information.
Presenting classic island charm, the 330-acre South Seas is nestled among mangroves with more than half of the resort a dedicated wildlife preserve and estuary. Visit SouthSeas.com for more information.
Timbers Company is one of the leading developers and operators of luxurious properties located in the world’s most sought-after destinations. For additional details, please visit TimbersCompany.com.
For nearly forty years, Ronto has been developing in the Southwest Florida market, creating communities that celebrate the area’s irresistible appeal, from Marco Island to Tampa. For more information, visit Ronto.com.
Wheelock Street Capital L.L.C. is a private real estate investment firm founded in 2008. Since inception, Wheelock has raised eight funds, representing over $5 billion in capital commitments and deployed over $11 billion in total value on behalf of well-known institutional investors. To learn more, visit Wheelock- StreetCapital.
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