55 MERRICK WAY 840, Coral Gables, FL 33134

55 MERRICK WAY 840, Coral Gables, FL 33134 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2008 with 1,203 square feet of living space. The property is currently owned by MANUEL E ALVAREZ CRISTINA Q ALVAREZ, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-02-24 for $425,000, when ALEXANDER J RODRIGUEZ SOTO sold to MANUEL E ALVAREZ. The property sold for $10,000 less than the prior sale of $435,000 on 2008-11-19. The 2025 assessed value is $218,413 with a market value of $577,139.

The assessed value increased 3% from $212,258 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $124,688, and the median home value is $630,700. The population density is 12,358 people per square mile.

55 MERRICK WAY 840, Coral Gables, FL 33134 is located in Coral Gables, Florida. Property records, tax assessments, sales history, and ownership information for this Coral Gables property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2008 to 2020, with 2 recorded transactions in the public record.

The current assessed value represents 51% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $353 per square foot — a key metric for comparing value across Coral Gables's real estate market..