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Pending
Condominium
$997,800$642 / sqft

55 Merrick Way # 831, Coral Gables FL 33134

3
Bedrooms
2
Bathrooms
1,553 sqft
Interior
2008
Year built
$1,807 / mo
HOA
Condominium
Type

About this home

MOVE IN READY PENTHOUSE - PRICED TO SELL. Luxury Living in Coral Gables with 24 hour security and concierge. Living Room with Volume ceilings that allows for wonderful Florida sunlight to create a bright atmosphere. 3BR/2BA with large walking closet in primary bedroom. Two Covered Garage Spaces. Parking spaces assigned are 4132 and 4133, also an Storage Space Number 78. Fitness Room with the latest equipment, Pool, Community Room with Billiard Room and Library. Within walking distance to the best restaurants, shops and cafes. Florida living at its finest.

Features

  • Other
  • Volume Ceilings
  • Walk-In Closet(s)
  • Storage
  • Open Balcony
  • Pool Area View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$6,852

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$5,045
HOA
$1,807 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Real Estate TeamMates

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.