January 16, 2024 Merrick Manor in the News

How to Use Your Retirement Account to Purchase Real Estate

Did you know that you have the option to utilize a specialized individual retirement account (IRA) to purchase real estate, such as the rented condominiums at Merrick Manor in Coral Gables? 

Self-directed IRAs offer more flexibility than traditional IRAs, as described in a piece by Forbes Advisor. Instead of stocks, bonds and mutual funds, a self-directed IRA account holder can consider alternative assets including real estate. The rules – and tax advantages – are the same either way. 

Why risk depending on the volatile stock market to achieve your retirement goals? Merrick Manor’s rented condos are a particularly attractive buy due to the unbeatable combination of instant revenue and long-term upside. 

Speak with your financial professional to get a better understanding of self-directed IRAs. 

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 the Sales Gallery in Suite 117 on the ground floor of the building at 301 Altara Ave., Coral Gables, FL 33146 – or contact the Berkshire Hathaway HomeServices EWM Realty team by calling (305) 779-6870. The Sales Gallery is open from 10 a.m. to 6 p.m. on Monday through Friday and from 11 a.m. to 5 p.m. on Saturday and Sunday.