If Merrick Manor having just one developer-owned condominium still available for purchase was not enticing enough for aspiring residential owners in Coral Gables, consider the significant cost savings when comparing condo insurance with single-family home insurance.
An insurance market analysis conducted by ValuePenguin determined that owning a condo instead of a single-family home results in an average annual savings of $1,631. By shopping around the competitive insurance marketplace, condo owners can realize even bigger savings than that average. That’s especially true with newer condo buildings like Merrick Manor.
Another important factor in the condo vs. single-family debate is safety in the event of a natural disaster. At Merrick Manor, the developer went above and beyond to ensure residents remain safe and connected during – and after – a major hurricane. The building’s unique storm-related features include:
- Emergency natural gas generators that will fully power the amenities floor – including the fitness center – and provide residents with access to air conditioning and elevators
- Water boosters that will allow residents to shower and drink water
- Fully functional Wi-Fi in all amenity areas
- Power for the trash chute so garbage does not accumulate in individual residences
For single-family owners, the process of preparing their homes for major storms is much more stressful and time-consuming. They are essentially on their own, unlike a condo building.
Located at 301 Altara Avenue, the 10-story, 227-residence Merrick Manor’s pet-friendly amenities and lifestyle truly cannot be beat. Merrick Manor is just steps away from the world-class Shops at Merrick Park and has a Zillow Walk Score of 77, making it “very walkable.”
Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative for Merrick Manor.
For more information about the residences at Merrick Manor, contact the Berkshire Hathaway HomeServices EWM Realty team by calling (305) 779-6870.
