NOT LISTED FOR SALE

51 Merrick 55 Merrick Way Unit RB-10 Coral Gables, FL 33134

Coral Gables Section Neighborhood

Estimated Value: $1,300,983

-- Bed
-- Bath
-- Sq Ft
2008 Built

Last Sold September 19, 2012

Last sale price $33

Est. 3,942,273% increase in value since last sale

Current estimated payment $8,179/month

580 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Slate Flooring
  • Coral Gables Preparatory Academy Rated A-
  • Home Security System
  • 2-minute walk to Pittman Park

About This Home

As of September 2012

Turn-Key Retail Space available now. Currently configured for service retail or high end office use. Beautiful build out with High end finishes, furniture, and volume ceilings. High visibility area for your business with excellent signage opportunity. 4 p arking included with price.

Last Agent to Sell the Property

John Guzzo

Kerdyk Real Estate, Inc. License #3040585 Listed on: 02/19/2011

Last Buyer's Agent

John Guzzo

Kerdyk Real Estate, Inc. License #3040585 Listed on: 02/19/2011

Property Details

Property Type

  • Other

Year Built

  • Built in 2008 | Newly Remodeled

Home Design

  • Concrete Roof

Interior Spaces

  • 1-Story Property
  • Slate Flooring
  • Home Security System

Parking

  • 4 Parking Spaces
  • Assigned Parking

Additional Features

  • Property is zoned 64/COMM
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-115-1690

Property Details

Property Type

Other

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2008
  • Property Sub Type: Lease
  • Business Type: Office Space, Retail Space
  • Directions: ONE BLOCK NORTH OF THE MIRACLE MILE ON MERRICK WAY
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Lease
  • Year Built Details: New Construction
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Marble/Slate Floors, Other
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Concrete
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 4

Utilities

  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Security: Security System

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 03-41-08-115-1690
  • Current Use: Commercial Lease
  • Land Lease: No
  • Zoning: 64/COMM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: 4 To 6 Year Lease

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 1054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Castanha Xii Llc
Bought by
787 Gables Llc
Current Estimated Value
$1,300,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,367,600
Outstanding Balance
$4,322,296
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$3,089,871

Purchase Details

Closed on
Sep 28, 2015
Sold by
Merrick 55 Llc
Bought by
Castanha Xii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 27, 2007
Sold by
Merrick Trust Llc
Bought by
Merrick 55 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.36%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
787 Gables Llc $1,200,000 None Listed On Document
787 Gables Llc $1,200,000 None Listed On Document
Castanha Xii Llc $690,000 Attorney
Merrick 55 Llc $1,627,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 787 Gables Llc $4,367,600
Closed 787 Gables Llc $4,367,600
Previous Owner Castanha Xii Llc $370,000
Previous Owner Merrick 55 Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2012 09/19/12 Sold $33 +6.5% --
09/19/2012 09/19/12 Pending -- -- --
02/17/2011 02/17/11 For Sale $31 -- --
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
2024 $11,932 $697,236 -- --
2023 $11,932 $633,851 $0 $0
2022 $11,247 $576,229 $0 $0
2021 $9,974 $523,845 $0 $0
2020 $10,001 $523,845 $0 $0
2019 $10,026 $523,845 $0 $0
2018 $9,335 $498,900 $0 $0
2017 $9,229 $486,902 $0 $0
2016 $9,367 $486,902 $0 $0
2015 $7,358 $374,540 $0 $0
2014 $7,193 $347,352 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Guzzo

    Seller's Agent in 2012

    John Guzzo

    Kerdyk Real Estate, Inc.

    (786) 371-8234

    2 in this area

    6 Total Sales

    John Guzzo
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About 51 Merrick

Map

Source: MIAMI REALTORS® MLS

MLS Number: M1475158

MIAMI REALTORS® MLS

APN: 03-4108-115-1690

Florida Miami/Dade County Coral Gables 33134 Coral Gables Section

55 Merrick Way Unit RB-10, Coral Gables, FL

This home is located at 55 Merrick Way Unit RB-10, Coral Gables, FL 33134 since 19 February 2011 and is currently estimated at $1,300,983. This property was built in 2008. 55 Merrick Way Unit RB-10 is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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