The University of Miami’s ongoing housing supply crisis has gotten so severe that some students are opting to transfer. Others are moving quickly to secure one-bedroom condominiums at nearby Merrick Manor before the Coral Gables building runs out of its final collection of available residences.
Student newspaper The Miami Hurricane reports that new university housing policies and an “overwhelming demand of applications” leave many students with few options. Apartment rents at off-campus communities are prohibitively expensive for many, and these students must compete with older professionals who have much better credit scores and the ability to move-in right away.
“One of my friends told me that she is transferring because she cannot afford housing in Miami,” freshman psychology and criminology major Olivia Vanesko told the Hurricane. “Honestly, I don’t blame her.”
Vanesko noted that UM covers her housing costs through financial aid and with rents at record-high levels, she and other students simply cannot make off-campus living work financially.
Merrick Manor is already a big hit with UM families, as students get to enjoy the perks and convenience of condo living and easily get to and from campus in just minutes.
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.” 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.