Coral Gables Median Priced Homes = 3X More Expensive than Merrick Manor!

If Merrick Manor being down to its last few available condominiums is not enough to get you off the sidelines, consider this statistic: the median home price in Coral Gables is currently $1.9 million. That is three times more expensive than Merrick Manor’s available condos, which are priced under $600,000! 

These remaining Merrick Manor one-bedrooms are ideal for those seeking to begin their journey into residential ownership. A new Realtor.com report describes how condos have become the “new starter home” for many buyers. First-time condo owners benefit from the savings on insurance, property taxes and cost of upkeep compared with single-family homes. 

“I decided to buy a condo to establish myself in the housing market,” one recent buyer told Realtor.com. “I also figured it was a good way to get my feet wet without taking on too much all at once.” 

“Buying a condo helped him ease into homeownership without a lot of debt and the burden of being responsible for exterior maintenance like a new roof or siding, which are typically covered by condo fees,” the article states. 

At Merrick Manor, owners also enjoy easy access to the building’s resort-style pool, state-of-the-art fitness center, news café and club lounge. The financial and lifestyle benefits make it a no-brainer for today’s buyer. 

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, visit our Model Residence 527 on the at 301 Altara Ave., Coral Gables, FL 33146 – or contact the Berkshire Hathaway HomeServices EWM Realty team by calling (305) 779-6870. Open from 11 a.m. to 5 p.m. on Monday through Friday and weekends by appointment. 

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