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Condominium
$675,000$934 / sqft
301 Altara Ave # 723, Coral Gables FL 33146
Listed
1
Bedrooms
1
Bathrooms
723 sqft
Interior
2019
Year built
$869 / mo
HOA
Condominium
Type
About this home
Experience sophisticated urban living at Merrick Manor, a luxury condominium ideally located in the heart of Coral Gables, just steps from the renowned Shops at Merrick Park. This beautifully appointed one-bedroom residence offers a thoughtfully designed layout with contemporary finishes, an open-concept living and dining area, a modern kitchen featuring Bosch appliances, sleek cabinetry, and elegant countertops. Additional features include a spacious bedroom, generous closet space, and an in-unit washer and dryer. Residents enjoy an exceptional collection of amenities, including a resort-style swimming pool, state-of-the-art fitness center, elegant social spaces, concierge services, and valet parking. Ideally situated near premier shopping, dining, entertainment, and major thoroughfares, Merrick Manor offers the perfect combination of luxury, convenience, and the vibrant Coral Gables lifestyle. Unit comes with second assigned parking space.
Features
- Pantry
- Other
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
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.
Location
Approximate — shows the building, not the unit. Open in maps
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.