55 Merrick Way # 709, Coral Gables FL 33134, CORAL GABLES, FL, 33134
Active76 days on marketListed Jun 2, 2026MLS #A12029689
About this home
55 Merrick Way # 709, Coral Gables FL 33134
This beautiful move-in ready Mediterranean 1-Bed/1.5-Bath condo, with a garaged parking space #3060 with adjacent large storage unit #79, is the heart Coral Gables. This expansive one bedroom condo has an open kitchen/dining/living to a private balcony, overlooking the pool deck, which has a high ceiling with tall windows, to let the sunshine brighten up the condo! The kitchen with eat-in island, granite countertops, porcelain floors, custom-designed cabinetry, and stainless steel appliances make your enjoy the escape to be your own chef, and is great for entertaining. The spacious bedroom has a walk-in closet with built-in shelving unit, and adjoins its private bathroom with dual sinks, soaking tub and glass-enclosed shower. Opposite the bedroom walk-in closet is the in-unit washer/dryer. Knowing that the original owner is selling their second home condo will provide peace of mind as it has been vacant more than used, so it is in better condition than most. New HVAC (2022) and dishwasher (2023). 55 Merrick amenities include concierge, valet parking, 2025 renovated fitness center, and 2025 renovated lanai deck and heated pool, social lounges and billiards room. The lounge and adjoining pool area feature complimentary WIFI. Personal property and liability insurance pro-rata cost is $54.42 per month. 55 Merrick is situated 1 block from, Miracle Mile and a 15-minute drive to MIA Airport, Coconut Grove, Brickell, Downtown Miami, with easy access to the Port of Miami, Key Biscayne and South Beach.
Facts & features
The home at a glance
1
Bedrooms
1.5
Bathrooms
790
Sqft
1
Garage
2008
Year built
$645
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,852 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,852/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−26.4%
$/sqft vs Coral Gables actives
$645 vs $1,007
Days on market
76 vs 67 typical
Where $645/sqft sits among the 279 Coral Gables actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Coral Gables Section
Get to know Coral Gables. See the full Coral Gables guide →
Coral Gables Section — neighborhood snapshot
Population
7,777
Median age
46
Median income
$163,743
Median home value
$826,307
Avg household
3
Households w/ children
817
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Coral Gables market
$1.6M → $1.3M
Coral Gables median sold, yr/yr
96.2%
Sale-to-list ratio (12 mo)
25 of 279
Coral Gables actives have cut their price
This home is listed 3781% above the CORAL GABLES 33134 median. See the full Coral Gables market guide →
Paper trail
This home's history
Reality check
What actually sold near 55 Merrick Way # 709
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$433,000
55 Merrick Way # 505, Coral Gables FL 33134 · same community
1 bd · 1 ba · 790 sqft · $548/sqft · 133 DOM
Sold · Jun ’26$460,000
55 Merrick Way # 507, Coral Gables FL 33134 · same community
1 bd · 1.5 ba · 784 sqft · $587/sqft · 74 DOM
Sold · Dec ’25$443,000
55 Merrick Way # 624, Coral Gables FL 33134 · same community
1 bd · 1.5 ba · 780 sqft · $568/sqft · 291 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 55 Merrick Way # 709 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 55 Merrick Way # 709 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
55 Merrick Way # 709 FAQs
What would the monthly payment be for 55 Merrick Way # 709, Coral Gables FL 33134?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,852/mo — principal and interest, the actual property-tax bill, the $918/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 55 Merrick Way # 709, Coral Gables FL 33134?+
The association fee works out to $918 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 55 Merrick Way # 709, Coral Gables FL 33134?+
The most recent tax bill on record (2025) was $6,559. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Coral Gables?+
At $509,900, this home is listed about 77% below the Coral Gables median of $2,250,000. The market section on this page shows how the area is trending.
Which schools are assigned to 55 Merrick Way # 709, Coral Gables FL 33134?+
Coral Gables Preparatory Academy (elementary), Coral Gables Senior High School (high), Ponce De Leon Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$509,900 runs 3781% above the CORAL GABLES 33134 median.
02Pool Area View views
The pool area view view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $918/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Strong assigned schools
Coral Gables Preparatory Academy, Coral Gables Senior High School, Ponce De Leon Middle School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — Coral Gables Preparatory Academy rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of EXP Realty LLC · Miguel Avila Chiesa. MLS #A12029689.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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