Marcus & Millichap Sells Multifamily Asset At 5995 Biscayne Boulevard Miami For $6.48M

The property asset involved in this transaction is a multifamily building located at 5995 Biscayne Boulevard in Miami. The transaction was finalized on March 17, 2025, with a total price of $6,480,000. The asset comprises 24 units, reflecting its capacity to accommodate multiple tenants in a single structure.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $6,480,000.00
• Address: 5995 Biscayne Boulevard
• Market: Miami
• Units: 24
• Brokers: Felipe Echarte (Marcus & Millichap), Nicholas McAndrew (Marcus & Millichap), Evan Kristol (Marcus & Millichap)

The deal was facilitated by a team of brokers from Marcus & Millichap, comprising Felipe Echarte, Nicholas McAndrew, and Evan Kristol. Each broker played a pivotal role in representing the interests of their clients during the transaction process.