Marcus & Millichap Brokers $3.6 Million Sale Of Walker Apartments Multifamily Portfolio In Miami

The property asset involved in this transaction is a multifamily portfolio known as Walker Apartments, located at 14330, 14400, 14410, 14420 & 14430 Northeast 5th Place in Miami. The sale price was $3,600,000 for the 1.19-acre site that comprises 18 units, with a price per unit of $200,000. The property, built in 1960, includes both one-bedroom and three-bedroom units, and has recently undergone capital improvements, including the installation of four new roofs.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,600,000
• Units: 18
• Price Per Unit: $200,000
• Acres: 1.19
• Date of Sale: 07/24/2025
• Broker: Nicholas McAndrew - Marcus & Millichap

Marcus & Millichap facilitated the sale, representing the transaction for the buyer and seller involved in the deal. The participation of Nicholas McAndrew as the broker highlights the engagement of experienced professionals in handling multifamily real estate transactions in the Miami market.