544 N Bumby Ave
Orlando, FL 32803
Concord Commons - Ten Platted Townhome Lots · Land For Sale · 0.42 AC

KW Commercial is pleased to present a rare opportunity to obtain a property to be known as Concord Commons, an approved town-home site in a premier Milk District location! The .42 (+/-) parcel is located in an Opportunity Zone and is approved for ten luxury four story townhomes. The platted townhomes with 20 foot fronts will each consist of 2,000 – 2,200 square feet. The high-end units will have two car rear entry garages. The HOA has been established and will manage common space and the interior courtyard of the two rows of town-homes. The gated entry will be off of Concord at the north of the parcel. This is an ideal opportunity for a residential builder or successor developer/investor. The location of the property within a designated Opportunity Zone will provide investor purchasers with added financial benefits. The property is located directly across the street from the Colonial Plaza one of Orlando’s key urban shopping districts with numerous restaurants, service shops, and big-box store. The Colonial Drive / Milk District development area is a highly desirable in-town residential/commercial area. Recent Orlando news reports describe a planned mixed-use/residential development with two multi-story buildings and 200 + apartments in planning directly across the street in a to-be-reconstructed section of Colonial Plaza at Bumby and Concord.