Get ready a 36 acre mixed use development that will include apartments, commercial space and 9 acres of up to 92 townhomes has been approved by Orlando city commissioners to begin on the fringes of Orlando's booming and popular Lake Nona community.
The homes are expected to be a high-end product similar to Lake Nona's neighborhood Laureate Park. Lake Nona is one of Orlando's top-selling communities even though it's average home sales price is almost twice the average Central Florida price of $360K.
The Lake Nona area is desirable for buyers because of the jobs supported by Orlando International Airport , nearby Amazon warehouse and access to Kissimmee and major connecting highways.
Townhomes are popular with a wide range of buyer. From first time homebuyers, families, and investors. The townhomes in Lake Nona in particular are hot because it gets you into the community with a smaller price tag than a single family home.