January 15, 2013 10:30AM
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| www.vipoceanrealty.com |
Merrick Manor
The Astor Companies’ Merrick Manor condominium has launched sales in Coral Gables, the project announced. Merrick Manor, the first new luxury condo in Coral Gables since the downturn, is a 10-story, 180 unit property. Construction of the $80 million property, which will be located at 301 Altara Avenue near the Village of Merrick Park, is slated to launch this summer, with completion projected for late 2014. “With Miami’s residential market bouncing back faster than many had predicted, now is the time to move forward with the first luxury condo to take shape in Coral Gables in more than five years,” said The Astor Companies’ Vice President Peter Torres
Attention all interested in buying pre construction.
ReplyDeleteThere is a legal dispute between the city of Miami and Coconut Grove residents who do not want that Astor development install the new trolley of Coral Gables in their neighborhood in Coconut Grove.
Astor development need to get an industrial place before to build the new trolley station, if they want to swap the corner of Lejeune Rd. and Altara Ave with the City Of Coral Gables. Currently (2013) they can't build the main corner of Merrick Manor, making it a risk buying if in the future fail to move the trolley from there...
Things to consider before buying an apartment:
- Intersection very noisy.
- Many vehicles a day pass, great congestion at peak times.
- Just a block from the noisy Metrorail.
- Area not very pretty.
- Very far away from Miracle Mile and important places in Coral Gables.
- Schools with many students from Coconut Grove.
- Far from the water (sea, beaches or any bay)
- Higher Property Taxes- Coral Gables Zoning Codes that do not allow do anything.
- Property is part of Industrial Sector of Coral Gables.
- Few parking on the streets.
- There are no parks nearby for children to play.
- Apartments have very thin walls and listen to the neighbors.
- Investment apartments, tenants who do not care have property.
- Bad walking score.
- far away from main Miami expressways
http://www.miamiherald.com/2013/01/31/3211054/neighbors-of-coconut-grove-trolley.html