55 Merrick Way

55 Merrick Way is a condo located in Coral Gables Section, Miami. The building was first built in 2008 and is 18 years old. In total, 55 Merrick Way has a total floor area of 3,446 square feet. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Both dogs and cats are allowed in the building! There are 97 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 109 days and tend to sell below the original asking price of $465,000 by 3.16%. Meaning, listings tend to sell at a median of $486 price per square foot. The transaction that took the longest to complete was unit 813, listed on Feb 23, 2021 for $439,000. This particular unit ultimately sold 308 days later for $390,000. The most recent transaction was for unit 509, which was first advertised on Jan 02, 2024, sold for $740,000 on Feb 27, 2024. Fun fact, the oldest transaction we have on record took place on Dec 03, 2007. See the full transaction history for 55 Merrick Way below.

Coral Gables Section, where 55 Merrick Way is located, has a median asking price of $564,500 for condo buildings. Meanwhile, the building itself has a median asking price of $465,000. For interested buyers, that means the building's median asking price is around 0.18% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $3,250,000. It is a 4,536 sqft 3 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $500,000. It is a 781 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 1 one-bedroom, 1 two-bedroom, 1 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $749,000. Collectively, the median square footage of these active units for sale is 1,258 sqft. Active units for sale at 55 Merrick Way are mostly 2-bedroom apartments Active units for sale at 55 Merrick Way have a median count of 2 bedrooms and have a median count of 2 bathrooms.