Mario Borda LLCs Buy Out 34 of 35 Wynwood Lofts Units

Five LLCs managed by Miami broker Mario Borda have bought out 34 of the 35 units at Wynwood Lofts, the low-rise condo at 250 NW 23rd St in Wynwood, according to a folio-by-folio review of Miami-Dade County Property Appraiser records. PRA Wynwood LLC, PRB Wynwood LLC, PRC Wynwood LLC, PRD Wynwood LLC and PRE Wynwood LLC now hold every unit in the building except one, unit 202, still owned by Projects Gallery LLC. No source establishes who is behind the buyer entities.

Why it matters

Unit-by-unit condo buyouts, not termination filings, are how small Wynwood sites get assembled today, and this one is nearly finished without a single public announcement. For a developer tracking that block, a 34-of-35 position means the last holdout unit is now the only obstacle to a clean site, and the recorded per-unit pricing gives a real basis for what redevelopment has to pencil against. Borda separately brokered billionaire Ken Griffin’s 2026 buyout of the Solaris tower in Brickell, a different building entirely, and nothing in the Wynwood Lofts deed record ties Griffin to this assembly.

The numbers

The deeds run from a first purchase on June 20, 2025 through the most recent on April 20, 2026, a roughly 10-month sprint. Of the 34 acquired units, 21 recorded deeds carry an arm’s-length price (one deed packaged two units in a single sale); adjusted for that shared instrument, the total comes to about $20.2 million across 22 units, averaging roughly $919,500 per unit, ranging from $625,500 to $1.8 million. The rest of the units transferred by corrective or quitclaim deed for nominal consideration, typical when a purchase is later cleaned up on title. Florida’s corporate filing record shows PRB Wynwood LLC was formed May 29, 2025, listing Mario Borda at his Surfside business address, and several of the LLCs’ county mailing records carry a Borda Commercial Real Estate care-of line.

What’s next

The building’s fate now turns on one unit. Projects Gallery LLC’s holdout at 202 is the only thing standing between the Borda-linked group and full ownership of the parcel, the trigger point condo law requires before a formal termination and redevelopment filing can move. Watch Miami permit and clerk records for a termination plan, a rezoning application, or a sale of the assembled position, any of which would be the first public confirmation of what the buyers intend to build.