1 month on rocket

55 Merrick Way Unit 709, Coral Gables, FL, 33134

$559,000

Home List Price

$6,638*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
860 SqFt
$650/SqFt
Condo

Location

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55 Merrick Way Unit 709, Coral Gables$559,000

Buyer Closing Credits

$6,638*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage, One Space
Attached Garage1 space
Year Built2008
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewPool
MLS #A11668902
StatusActive

About 55 Merrick Way Unit 709

Mediterranean 1-Bed/1.5-Bath condo ideally located at 55 Merrick Way in the epicenter of Downtown Coral Gables--just steps from an array of restaurants, shopping and entertainment. This 7th-floor unit offers 860 sq/ft of interior space and a private balcony overlooking the pool deck. This condo boasts an open-concept kitchen with eat-in island, spacious bedroom with walk-in closet, primary bathroom with soaking tub and glass-enclosed shower and an in-unit washer/dryer. 55 Merrick is a full-service building complete with attended lobby, valet parking, expansive pool deck offering a swimming pool and hot tub, fully-equipped gym, indoor/outdoor social lounges and billiards room. 55 Merrick is situated 1 block off of Miracle Mile and Giralda Avenue and a 15-minute drive to MIA Airport.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2008
  • Living Area: 860 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6070
  • Listing Agent: Michael Light

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Wood
  • Interior: Bedroom on Main Level, Closet Cabinetry, Eat-in Kitchen, Kitchen Island, Living/Dining Room, Separate Shower, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Pool
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached, Garage, One Space

Virtual/3D Tour

  • Virtual Tour: 55 Merrick Way Unit 709
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $559,000
  • Price Per SqFt: $650/SqFt

HOA Fees:

  • Amount: $825
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Coral Gables, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$719

Avg. Days On Market

41

# of Sold Homes

35

55 Merrick Way Unit 709 vs Coral Gables

53 DAYS ON ROCKET

+12 Days

$559,000

-$721K Less

$650/SqFt

-$69 Less

KEY TAKEAWAY

This property is $721K less than the Median Sold Price and $69/SqFt less than other homes in Coral Gables, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11668902

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6070
  • Listing Agent: Michael Light

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,682

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,742

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1237101
9
/10
  • Coral Gables Preparatory Academy

  • 105 Minorca Ave

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-1237102
4
/10
  • Auburndale Elementary School

  • 3255 SW 6th St

  • 1.23 miles

  • Public District Grades PK-5

school-card-donut-1237103
4
/10
  • Silver Bluff Elementary School

  • 2609 SW 25th Ave

  • 1.41 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,750. The majority of Coral Gables, FL residents have income between $100k-200k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 55 Merrick Way Unit 709

What is the listing price of this property?

The listing price of 55 Merrick Way Unit 709 property is $559,000.

What type of property is this?

The property 55 Merrick Way Unit 709 is a condo located in Coral Gables, Florida, 33134.

Is this property for sale now?

Active Listing: 55 Merrick Way Unit 709 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 55 Merrick Way Unit 709 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 55 Merrick Way Unit 709 is 860 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 55 Merrick Way Unit 709 is 2008.

Rocket HomesFloridaMiami-Dade CountyCoral Gables3313455 Merrick Way Unit 709

This home is located at 55 Merrick Way Unit 709 in Coral Gables, FL and zip code 33134 in the Shenandoah neighborhood. This 860 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $559,000.

In October 2024 more than 4 listings in Coral Gables, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 24 were sold below. In October 2024 in Coral Gables, FL there were 11.6% more homes for sale than in September 2024. Listings spent 41 days on the market in October 2024, and had a median list price of $1,280,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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