Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Victory Apartments, a six-unit multifamily property in North Miami Beach, Florida, for $1,065,000.
“The property is located in an excellent North Miami Beach location with great walkability to parks, civic centers and retail,” said Brandon Rex, senior managing director investments. “With all one-bedroom units and a recent roof replacement in 2025, Victory Apartments offers strong rental upside in one of Miami-Dade County’s most in-demand submarkets.”
Victory Apartments is located at 1999 NE 168th Street, on the corner of NE 168th Street and NE 20th Avenue, directly adjacent to Victory Park Community Center, which features an aquatic center, sports courts and a playground. The property was built in 1963 and comprises of a single two-story, garden-style apartment building built in 1963 on 0.13 acres. It offers convenient access to Biscayne Boulevard, retailers, restaurants and major thoroughfares, including Interstate 95, State Road 826 and Florida’s Turnpike.
Marcus & Millichap, Inc. (NYSE: MMI) is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of December 31, 2023, the Company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company also offers market research, consulting and advisory services to our clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion.
