Merrick Manor is down to only five move-in ready condominiums left, which means Coral Gables will soon be out of developer condo inventory available for under $600,000. Take advantage of the building’s special incentive that helps Merrick Manor buyers purchase points to lower their mortgage rates.
Through this incentive, a Merrick Manor buyer can reduce current rates and save on monthly mortgage payments. For the building’s final collection of one-bedrooms, up to $6,000 can be contributed to lower the mortgage rate. These payments are typically made at closing.
Buying mortgage points is one of the most important ways to keep mortgage rates manageable following the significant interest rate increases over the past 18 months. In our local market that is almost completely out of newer condo product, it could be the difference between owning a luxurious residence in the City Beautiful or being stuck on the sidelines for at least the next few years.
Call us to learn more about Merrick Manor’s special incentive to help buyers save on monthly mortgage payments!
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 Shops at Merrick Park and has a Zillow Walk Score of 77, making it “very walkable.” The building is surrounded by three championship golf courses and is just 20 minutes from Miami Beach.
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 new 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.