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3196 Merrick Ter, Miami
3
For Sale
$499K
Avg Price
$562
Sale $/SF
—
For Rent
—
Avg Rent
$2.54
Rent $/SF
+50.0%
YoY
For Sale
3
For Rent
0
Investor-Owned
—
Avg HOA
—
Merrick Preserve is a residential building located in Coral Gables at 3196 Merrick Ter. The property offers units ranging from $475,000 to $1,168,000, with an average price per square foot of $561.56. This standard-tier building serves as a residential option in one of Miami's most established and desirable neighborhoods.
Address
3196 Merrick Ter, Miami
Neighborhood
Coral Gables
Tier
Premium
Avg $/SF
$561.56
Rent $/SF
$2.54/SF
Neighborhood Rank
Top 15%
Total Sales (All-Time)
2
Amenities
Sale Price Trend ($/SF)
$562
Rental Price Trend ($/SF)
$0.00
Building Activity
Days on Market
49
days
Normal pace
Months of Inventory
12.0
months
Buyer's market
Sale-to-List Ratio
93.1%
Fair negotiation
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
1
transactions
Low volume
Active Listings
For Sale (3)
$475K
Unit 505$499K
Unit 507$1.2M
Unit 831Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Jan 21, 2026 | $675K | $561.56 | 2/3 | 1,202 |
| Apr 8, 2022 | $280K | $243.27 | 2/3 | 1,151 |
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Neighborhood
Coral Gables →
View all buildings in this area
Building Snapshot