Vacant Wynwood site sold for $15M

Jeronimo Hirschfeld’s One Real Estate Investment purchased a vacant site in the Wynwood neighborhood of Miami for $15 million.

The 1.79-acre property at 2201 and 2245 North Miami Avenue traded for $192 per square foot, which is less than some other recent deals in the emerging artistic neighborhood. It was sold by 2245 North Miami Ave LLC and 2201 Wynwood LLC, both companies controlled by Felipe Yalale in Fort Lauderdale. The property last traded for $1.7 million in July 2013, following a foreclosure…