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Condominium at 55 Merrick Way # 744, Coral Gables FL 33134Active
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Condominium
$545,000$489 / sqft

55 Merrick Way # 744, Coral Gables FL 33134

1
Bedrooms
2
Bathrooms
1,115 sqft
Interior
2008
Year built
$1,297 / mo
HOA
Condominium
Type

About this home

Fantastic A+ Coral Gables location. Miami's excellent centrally located area. The apartment unit is more special than others - it features a large den which is a great extra space. Use it as an office, sewing room, guest room or media room. It's generous space that standard one bedroom units do not have. This is 1,155 Square Feet of living area located in an excellent building. "55 Merrick Way" is known to be a wonderfully taken care of and managed building. You will notice as you enter the beautiful lobby. This entire building is run with care. This is a fantastic investment and a comfortable place to call home. The apartment unit has expansive views towards the outside instead of towards the interior. Move right in to this wonderfully cared for unit. Great open kitchen, a large and comfortably laid out living area, a guest bath is such a great convenience. Lots of closet space, a large bedroom along with a generous bathroom. Enjoy plenty of natural light within the unit or on your balcony. The unit location within the building is superb. Two parking places included. The neighborhood village feel offers wonderful restaurants, shops and parks. Five miles to the Miami Int’l Airport. Brickell City Centre is 5.2 miles, central Coconut Grove is 2.5 miles from your home. Come see this newly listed beautiful large apartment.

Features

  • First Floor Entry
  • Den/Library/Office
  • Utility Room/Laundry
  • Other
  • Open Balcony
  • Other View
  • Skyline

Location

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

Estimated loan & HOA

$4,053

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

Principal & interest
$2,756
HOA
$1,297 / 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
BHHS EWM Realty

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.