$390,000
SOLD DEC 10, 2021
1 Bed
1.5 Baths
848 Sq Ft
$547/mo HOA Fee

Recently Sold

$460 Per Sq Ft

1% Below List Price

53 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Coral Gables Preparatory Academy Rated A-
  • Newly Remodeled
  • 2-minute walk to Pittman Park

About This Home

As of December 2021

The,“55 MERRICK”, a distinguished mid-rise boutique condominium, located in the Coral Gables; built in 2008 according to modern building codes. This gorgeous condo is on the top floor, south facing which allows plenty of natural light inside. Enjoy the picturesque view of the inner courtyard & pool from your balcony. The finishes are top notch, wood grain tile flooring, Italian cabinets, granite countertops, stainless steel appliances, nest home thermostat, built-in-closet, washer/dryer, ½ bath for guests. Centrally located, walk to shops, restaurants, & entertainment. 15 minutes to, the Beaches, Brickell, Downtown Miami, MIA, & University of Miami. The amenities include 24 hour concierge, billiards, gym, a tranquil & spacious pool deck with a spa-hot-tub, & valet guest parking.

Last Agent to Sell the Property

Brian R Btesh

EXP Realty LLC License #3508896 Listed on: 10/17/2021

EXP Realty LLC

Last Buyer's Agent

Libe Grinberg

GZI Real Estate Sales & Market License #3286457

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 2008 | Newly Remodeled

HOA Fees

  • $547 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 848 Sq Ft Home
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

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 03-41-08-115-0560

Community Details

Overview

  • 167 Units
  • Mid-Rise Condominium
  • 55 Merrick Condominium Condos
  • 55 Merrick Condo,55 Merrick Condomini Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats
  • 8-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Community Center
  • Party Room
  • Interior Hall

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,719

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$547 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 55 MERRICK CONDO,55 Merrick Condomini
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Interior Hall, Built-in Features, Closet Cabinetry, Fire Sprinklers, Volume Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 848
  • Possible Use: Investment
  • Stories: 8
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Pool Area View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 55 Merrick Condominium
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Guest, Limited # Of Vehicle, No Motorcycle, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Security Patrol

Condo/Co-op/Association

  • Association Fee: 547
  • Amenities: Billiard Room, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

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: 03-41-08-115-0560
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2021
Closed on
Dec 10, 2021
Sold by
Cerqueira Schumacher and Cerqueira Isabel
Bought by
Ponto Bay Corporation
Seller's Agent
Brian R Btesh
EXP Realty LLC
Buyer's Agent
Libe Grinberg
GZI Real Estate Sales & Market
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Current Estimated Value
$516,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,005
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Aug 6, 2008
Sold by
Merrick Trust Llc
Bought by
Schumacher Avihu and Schumacher Isabel Cerqueira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,930
Interest Rate
7.62%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 Alvaro Castillo Pa
Special Warranty Deed $379,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $265,930 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $3,200 0.0% --
05/14/2024 05/14/24 Price Changed $3,200 -5.9% $4 / Sq Ft
05/01/2024 05/01/24 For Rent $3,400 0.0% --
12/10/2021 12/10/21 Sold $390,000 -1.3% $460 / Sq Ft
10/17/2021 10/17/21 For Sale $395,000 -- $466 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $6,412 $362,609 -- --
2024 $5,830 $329,645 -- --
2023 $5,830 $299,678 $0 $0
2022 $5,055 $272,435 $0 $0
2021 $4,475 $234,100 $0 $0
2020 $4,719 $246,401 $0 $0
2019 $4,731 $246,401 $0 $0
2018 $4,668 $248,890 $0 $0
2017 $4,973 $261,990 $0 $0
2016 $5,073 $261,990 $0 $0
2015 $5,168 $261,990 $0 $0
2014 $5,031 $249,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11112407

MIAMI REALTORS® MLS

APN: 03-4108-115-0560