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Development Site Near Wynwood, Edgewater, Overtown Sells For $23M

A vacant site just south of Wynwood in Miami sold for $23 million.

Miami Sunrise Properties LLC, managed by Camila Koelbl in Key Biscayne, sold the 2.5-acre site at 1950 N.W. First Ave. and 1905 N.W. First Court to 1950 NW 1 Ave LLC, a Miami-based company that listed Sara Enwright as its sole organizer.

The property last traded for $16 million in 2015.

The parcel is located just south of Wynwood, north of Overtown, and west of Edgewater.


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