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Condominium
$625,000$889 / sqft
301 Altara Ave # 403, Coral Gables FL 33146
Listed
1
Bedrooms
1
Bathrooms
703 sqft
Interior
2019
Year built
$921 / mo
HOA
Condominium
Type
About this home
Experience elevated Coral Gables living at Merrick Manor in this beautifully appointed 1-bedroom, 1-bath residence. Designed with style and comfort in mind, this sophisticated home features a spacious private LARGE terrace, offering the perfect setting to enjoy Miami’s exceptional year-round climate and seamless indoor-outdoor living. The residence showcases custom wallpaper, exquisite built-in woodwork crafted specifically for the home, and elegant statement lighting that create a refined and inviting atmosphere. Enjoy exceptional convenience with the residence located on the same floor as the building’s fitness center, swimming pool, and meeting room, no elevator needed to access these amenities. One assigned covered parking space is included. Ideally located just steps from The Shops at Merrick Park, with premier shopping, fine dining, cafés, and entertainment all within easy reach. Merrick Manor offers the perfect combination of sophisticated design, resort-style amenities, and one of Coral Gables’ most desirable locations. A truly exceptional opportunity to experience the Miami lifestyle at its best.
Features
- Closet Cabinetry
- Elevator
- Other
- Open Balcony
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Coral Gables, from 27 active listings; the middle half ask $2,250–$3,050.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.