$2,990,000
$710K PRICE DROP

Estimated payment $23,806/month

Total Views 6,787,209
3 Beds
3.5 Baths
4,536 Sq Ft
$659 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • End Unit
  • Coral Gables Preparatory Academy Rated A-
  • Wood Flooring
  • 2-minute walk to Pittman Park

About This Home

Introducing a newly price-improved 2-story penthouse nestled in the heart of Downtown Coral Gables. This one-of-a-kind residence has been thoughtfully updated to blend luxurious living with modern elegance. Sleek porcelain Beraice 48x48 tiles grace the main living areas, which flow seamlessly onto a massive private terrace. Enjoy the rare convenience of 6 included parking spaces and full concierge services. The open and spacious floor plan is enhanced by soaring 22-foot ceilings in the living and family room areas, creating an airy and inviting atmosphere. The kitchen is equipped with top-of-the-line Gaggenau appliances, perfect for culinary explorations.

Listing Agent

Iliana Abella

Compass Florida, LLC License #0519307 Listed on: 10/17/2024

Compass Florida, LLC

Co-Listing Agent

Alexander Abella

Compass Florida, LLC License #3390937

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,945

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $5,270 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,536 Sq Ft Home
  • Central Vacuum
  • Built-In Features
  • Blinds
  • Family Room
  • Open Floorplan
  • Formal Dining Room
  • Wood Flooring
  • Video Cameras
  • Dryer
  • Property Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Exterior Lighting

Schools

  • Coral Gables Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-115-0360

Community Details

Overview

  • 167 Units
  • Mid-Rise Condominium
  • 55 Merrick Condominiums
  • 55 Merrick Condo Subdivision
  • 8-Story Property

Amenities

  • Trash Chute
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,945

Year Built

Built in 2008

Lot Details

0

HOA Fees

$5,270 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: COMP11
  • Co List Office Phone: 305-697-2904
  • Directions: Newly professionally staged, three bedrooms each with a sitting room area, private bathrooms, and spacious walk-in closets.
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 55 MERRICK CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Built-in Features, Fire Sprinklers, Pantry, Walk-In Closet(s), Family Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 4536
  • Other Equipment: Central Vacuum
  • Stories: 8
  • Window Features: Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Florida/Dining Combination, Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 55 MERRICK CONDOMINIUMS
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Elevator Secure, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 5270
  • Amenities: Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coral Gables
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-08-115-0360

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 167
  • Number Of Units Total: 167

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 32945

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,628 $679,635 -- --
2024 $11,475 $617,850 -- --
2023 $11,475 $561,682 $0 $0
2022 $9,892 $510,620 $0 $0
2021 $8,804 $464,200 $0 $0
2020 $8,828 $464,201 $0 $0
2019 $9,719 $510,111 $0 $0
2018 $9,401 $505,060 $0 $0
2017 $9,521 $505,060 $0 $0
2016 $9,714 $505,060 $0 $0
2015 $9,638 $483,098 $0 $0
2014 $8,802 $439,180 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $2,990,000 -6.6% $659 / Sq Ft
05/27/2025 05/27/25 Price Changed $3,200,000 -8.6% $705 / Sq Ft
02/12/2025 02/12/25 Price Changed $3,500,000 -5.4% $772 / Sq Ft
10/17/2024 10/17/24 For Sale $3,700,000 0.0% $816 / Sq Ft
07/21/2017 07/21/17 Rented $8,000 0.0% --
07/06/2017 07/06/17 Under Contract -- -- --
06/24/2017 06/24/17 Price Changed $8,000 -23.8% $2 / Sq Ft
02/23/2017 02/23/17 Price Changed $10,500 -8.7% $2 / Sq Ft
01/03/2017 01/03/17 For Rent $11,500 -4.2% --
05/29/2015 05/29/15 Rented $12,000 -7.7% --
04/29/2015 04/29/15 Under Contract -- -- --
04/02/2015 04/02/15 For Rent $13,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,100 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11677874

MIAMI REALTORS® MLS

APN: 03-4108-115-0360