ParkingAssigned, Attached, Covered, Garage, Two or More Spaces
Attached Garage6 spaces
Year Built2008
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewOther
MLS #A11677874
StatusActive
About 55 Merrick Way Unit 808
Introducing a truly remarkable first-time-on-the-market 2-story penthouse nestled in the heart of Coral Gables. This one-of-a-kind residence has been thoughtfully updated to blend luxurious living with modern elegance. Step inside to discover all-new, sleek porcelain Beraice 48x48 tiles that grace the main living areas, while beautiful wood floors enhance the second floor. The open and spacious floor plan is highlighted by soaring 22-foot ceilings in the living and family room areas, creating an airy and inviting atmosphere. The kitchen is equipped with top-of-the-line Gaggenau appliances, perfect for culinary explorations. This exquisite penthouse offers three en-suite bedrooms, each featuring custom-built walk-in closets, providing ample storage and a touch of personalized luxury.
Property Details
Property Features
Property Information:
Architectural Style: High Rise
Year Built: 2008
Living Area: 4,536 SqFt
Listing Office:
Office Name: Compass Florida, LLC.
Office Phone: (305) 851-2820
Listing Agent: Iliana Abella
Interior Features
Interior Information:
Appliances: Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
Flooring Type: Wood
Interior: Breakfast Bar, Bidet, Built-in Features, Dining Area, Separate/Formal Dining Room, Dual Sinks, First Floor Entry, Living/Dining Room, Main Living Area Entry Level, Pantry, Separate Shower, Upper Level Primary, Walk-In Closet(s), Central Vacuum
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
View: Other
Exterior: Balcony, Security/High Impact Doors
Parking Information:
Garage Space: 6 spaces
Attached Garage: Yes
Parking: Assigned, Attached, Covered, Garage, Two or More Spaces
Virtual/3D Tour
Virtual Tour: 55 Merrick Way Unit 808
Virtual Tour
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Electric
Price Information
Listing Price Info
Price Summary:
List Price: $3,700,000
Price Per SqFt: $816/SqFt
HOA Fees:
Amount: $4840
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Coral Gables, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$23.3K
Per Month
Principal & Interest
$18.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$4,840
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.1K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Coral Gables Preparatory Academy
105 Minorca Ave
Distance between this listing and this school0.25 miles
Public District Grades PK-5
4
/10
Auburndale Elementary School
3255 SW 6th St
Distance between this listing and this school1.23 miles
Public District Grades PK-5
4
/10
Silver Bluff Elementary School
2609 SW 25th Ave
Distance between this listing and this school1.41 miles
Public District Grades PK-5
Nearby Schools
9
/10
Somerset Gables Academy
624 Anastasia Ave
Distance between this listing and this school0.94 miles
Public Charter Grades KG-8
8
/10
Mater Grove Academy
2805 SW 32nd Ave
Distance between this listing and this school1.16 miles
Public Charter Grades KG-8
10
/10
International Studies Charter Middle School
2480 SW 8th St
Distance between this listing and this school1.59 miles
Public Charter Grades 6-8
Nearby Schools
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school1.28 miles
Public Magnet Grades 9-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school1.59 miles
Public Charter Grades 9-12
4
/10
International Studies Virtual
2480 SW 8th St
Distance between this listing and this school1.59 miles
The neighbors living near this home have an average income of $118,750. Most Coral Gables, FL residents have annual incomes between $100k-200k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 55 Merrick Way Unit 808
What is the listing price of this property?
The listing price of 55 Merrick Way Unit 808 property is $3,700,000.
What type of property is this?
The property 55 Merrick Way Unit 808 is a condo located in Coral Gables, Florida, 33134.
Is this property for sale now?
Active Listing: 55 Merrick Way Unit 808 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 808 has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 55 Merrick Way Unit 808 is 4,536 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 55 Merrick Way Unit 808 is 2008.
Interested in 55 Merrick Way Unit 808? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 55 Merrick Way Unit 808 in Coral Gables, FL and zip code 33134 in the Shenandoah neighborhood. This 4,536 square foot home was built in 2008. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $3,700,000.
While more than 4 listings in Coral Gables, FL in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 24 were sold below. The inventory of homes for sale in Coral Gables, FL between September 2024 and October 2024 increased by 11.6%. While the average time on the market in October 2024 was 41 days, the median list price was $1,280,000.
From Rocket Homes Real Estate and based on county public records data.