New apartment development fills void for attainable rental options in Miami

MIAMI, Fla. – (April 4, 2023) – The Henry Torres-led Astor Companies received a Temporary Certificate of Occupancy (TCO) from the City of Miami for Douglas Enclave, a rental apartment project located in the heart of the city. Resident move-ins are now underway at the 199-unit building.

The 11-story building at 61 NW 37th Ave. is already more than 35% leased, with occupancy expected to rapidly increase now that apartments are move-in ready. Astor expects to receive a final Certificate of Occupancy (CO) within the next 60 days.

“We are thrilled to reach this milestone and begin welcoming our residents to Douglas Enclave,” Torres said. “This project is a true labor of love for our company, as we are passionate about helping the City of Miami address its housing needs.”

Douglas Enclave spans a 1.1-acre city block between Flagler Terrace and Northwest First streets along Douglas Road (37th Avenue). The project includes a mix of studios, one and two-bedrooms and townhouses for rent. Rents range from $1,675/month to $3,995/month – certain restrictions apply.

Individual apartments feature vinyl-wood flooring, open-concept kitchens, stackable washer/dryer units and efficient appliances. Select units have patios or balconies.

Community amenities include a club lounge, fitness center, electric vehicle charging stations, bike racks, gated parking garage, dog washing station, saline pool, business center with computer stations and a package delivery room. Douglas Enclave will provide on-site management and maintenance staff to meet the real-time needs of residents.

The building is extremely transit-friendly, as the property is located adjacent to a Coral Gables Trolley stop. University of Miami students who live at Douglas Enclave can hop on the trolley, take a quick ride along Douglas Avenue to a Metrorail station and get to campus two train stops later. Douglas Enclave also allows easy access to downtown Miami and Brickell, as residents can take the Gables Trolley to Coral Way and transfer to the Miami Trolley to complete a seamless and driving-free commute.

Douglas Enclave’s leasing team is on-site at the building with the following hours of operation: Monday to Friday from 9:30 a.m. to 6 p.m., Saturday from 10 a.m. to 6 p.m. and Sunday from noon to 5 p.m. The leasing team can be reached by calling (786) 610-4811.

For more information and to take virtual tours of select apartments, visit www.douglasenclave.com.

 

 

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About Astor Companies:

Founded by Henry Torres in 2002, The Astor Companies is a full-service real estate development firm based in Miami. Torres launched Astor with the motivation that everyone should be able to afford a luxurious new home in an appealing location. With that in mind, Astor has been a pioneering developer throughout its 15-year history, identifying emerging and untapped Miami neighborhoods like Little Havana, The Roads and South Miami – among others. Astor’s portfolio of successful projects include Brickell Vista and InTown in Little Havana, Gateway to the Grove in Coconut Grove, Nordica in The Roads neighborhood and Valencia in South Miami. For more information, visit www.astorcompanies.com.

ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III brokers transaction involving several commercial units

CORAL GABLES, Fla. – (April 27, 2022) – Merrick Manor, the luxury mixed-use building developed by the Henry Torres-led Astor Companies, continues to generate strong interest from investors seeking Class A commercial real estate in Coral Gables. For instance, Astor just closed the $5.44 million sale of several retail condominiums, including two units occupied by popular fitness studio Sweat 440.

Prisma Properties LLC acquired Merrick Manor commercial units CU3, CU8-9 and CU10 in a transaction that closed on April 26. ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III, the exclusive sales representative for Merrick Manor’s 20,000 square feet of prime ground-floor commercial space, brokered the sale. Merrick Manor’s ground-floor retail space is now fully leased or owned by owner/users.

Chamizo has now set his sights on selling the remaining leased units for those wanting to gain access to the city’s hot multifamily market with a solid return.

Sweat 440 occupies 3,055 square feet in CU8-9. The high-intensity interval training (HITT) studio has a passionate following among its members, which range from beginners to fitness enthusiasts. Sweat 440 has locations in Florida, New York and Canada.

The 1,307-square-foot CU3 is currently utilized as the Sales Gallery for Merrick Manor’s limited inventory of available luxury residences. Located at 301 Altara Ave., next to the world-class Shops at Merrick Park and in the middle of the city’s Design and Innovation District, Merrick Manor is experiencing brisk residential sales activity and is on pace to sell out within the next six months.

M&B Dental Associates, P.A., led by renowned aesthetic dentist and decorated U.S. Navy veteran Dr. Ivan Mendoza, occupies the 1,669-square-foot CU10. M&B and Sweat 440 are part of Merrick Manor’s Health and Beauty Corridor, which also includes Anaïs Nails & Spa, Body Details, Elegance Beauty Salon and Trésor.

“Our success in curating Merrick Manor’s ground-floor retail space with a dynamic mix of tenants, which comprise the building’s Health and Beauty Corridor, played a major role in this new investment sales transaction,” Chamizo said. “The buyer recognized that prime commercial real estate like this is at a premium in Coral Gables. We are proud to produce another tremendous outcome at Merrick Manor.”

The sale to Prisma comes as another signature Merrick Manor commercial tenant, high-end furniture retailer Sierra Muebles, prepares to open its first U.S. showroom at the building in the next few months. A Peru-based retailer that has exclusive representation of the Brazilian brand in Peru and Miami-Dade County leases Merrick Manor’s largest commercial space, which totals 4,448-square-foot.

“This transaction underscores the long-term belief in our building from the real estate community,” Torres said. “Merrick Manor has an unparalleled location and commercial space that perfectly complements the building’s 227 residences.”

For commercial and retail opportunities available at Merrick Manor, contact Chamizo directly at (786) 453-3171 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative at Merrick Manor. For information about Merrick Manor’s residences, visit www.merrick-manor.com or call the Merrick Manor Sales Gallery at (305) 779-6870.

 

 

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About Merrick Manor:

Merrick Manor is the premier new condominium offering in Coral Gables. The 10-story, 227-residence community and its nearly 20,000 square feet of prime ground-floor retail space is located at 301 Altara Avenue – just steps away from the fashionable Shops at Merrick Park. With a modern twist on the timeless elegance of historic Coral Gables, the “City Beautiful,” the Mediterranean villa-style residences offer a unique selection of floor plans for one to four-bedroom designer-ready residences ranging from 574 to more than 3,400 square feet. Prices for remaining units start from $489,990 and range up to $2.6 million. For more information, visit the project Sales Gallery at 301 Altara Ave., Suite 119, call (305) 779-6870 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Facebook: https://www.facebook.com/MerrickManor/

 

About Manny Chamizo III, ONE Sotheby’s Global Commercial Director:

Manuel Chamizo III is a seasoned professional with over 35 years of Commercial Real Estate experience. Manny Chamizo is widely recognized as a power broker and leading investment property expert. He was honored as “Best of the Best” by ONE Sotheby’s and named Power Broker by CoStar for his market expertise. Manny Chamizo has generated over $1 billion dollars in total transaction value throughout his career. He has over three decades of experience in all aspects of commercial real estate, including retail, multifamily and land development, as well as industrial sales.

 

Sierra Muebles leases nearly 4,500 square feet at luxury mixed-use building in Coral Gables

 

CORAL GABLES, Fla. – (Aug. 24, 2021) – Merrick Manor, the luxury mixed-use building developed by the Henry Torres-led Astor Companies, completed a lease for its largest commercial space with high-end Peruvian furniture retailer Sierra Muebles. The 4,488-square-foot space on Merrick Manor’s ground floor will be Sierra Muebles’ first U.S. showroom when it opens in mid-2022.

The space leased to Sierra Muebles also includes over 1,800 square feet of covered terrace. NVP Group at ONE Sotheby’s International Realty, integrated by Natalia Nunez del Prado, Veronica Mena and Peter Engilis, represented the tenant in this transaction. ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III, the exclusive sales representative for Merrick Manor’s 20,000 square feet of prime ground-floor commercial space, represented Astor.

Prior to opening the showroom, Sierra Muebles will showcase its furnishings inside a Merrick Manor model residence starting this fall. Crafted in an 86,000-square-foot factory, Sierra Muebles produces its handcrafted pieces from 100% solid wood extracted from sustainable reforestation. It has four product lines: Sierra, Abraccio, Emporio and Garden.

The ground-floor lease includes an option to purchase the space before the end of the second year for $4.38 million. The owners of Sierra Muebles plan to relocate to the U.S. and reside at Merrick Manor.

“This was a carefully curated deal from beginning to end with a completely new-to-market tenant that should compete favorably with existing luxury furniture retailers in the area,” Chamizo said. “The owners loved Merrick Manor’s location within the city’s Design and Innovation District, the walkability of the neighborhood and the brand-new, Class A space. Merrick Manor is very compatible with Sierra Muebles’ high-end brand.”

Merrick Manor is down to just one remaining available commercial space: a 1,307-square-foot unit. The building’s ground-floor is home to Merrick Manor’s Health and Beauty Corridor, with tenants including Anaïs Nails & Spa, Body Details, Elegance Beauty Salon, M&B Dental Associates, Sweat 440 and Trésor.

Prominent actor, singer, songwriter, composer and television personality Carlos Ponce’s Talent Hub Agency established its Miami headquarters at Merrick Manor.

“It has been an incredible year of activity thus far,” Torres said. “Our commercial space continues to generate strong interest from tenants and investors, and our residential sales are surging. We have the right product in the right location at the right time.”

For commercial and retail opportunities available at Merrick Manor, contact Chamizo directly at (786) 453-3171 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative at the 227-residence Merrick Manor. For information about Merrick Manor’s residences, visit www.merrick-manor.com or call the Merrick Manor Sales Gallery at (305) 779-6870.

 

 

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About Merrick Manor:

Merrick Manor is the premier new condominium offering in Coral Gables. The 10-story, 227-residence community and its nearly 20,000 square feet of prime ground-floor retail space is located at 301 Altara Avenue – just steps away from the fashionable Shops at Merrick Park. With a modern twist on the timeless elegance of historic Coral Gables, the “City Beautiful,” the Mediterranean villa-style residences offer a unique selection of floor plans for one to four-bedroom designer-ready residences ranging from 574 to more than 3,400 square feet. Prices for remaining units start from $489,990 and range up to $2.6 million. For more information, visit the project Sales Gallery at 301 Altara Ave., Suite 119, call (305) 779-6870 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Facebook: https://www.facebook.com/MerrickManor/

 

About Manny Chamizo III, ONE Sotheby’s Global Commercial Director:

Manuel Chamizo III is a seasoned professional with over 35 years of Commercial Real Estate experience. Manny Chamizo is widely recognized as a power broker and leading investment property expert. He was honored as “Best of the Best” by ONE Sotheby’s and named Power Broker by CoStar for his market expertise. Manny Chamizo has generated over $1 billion dollars in total transaction value throughout his career. He has over three decades of experience in all aspects of commercial real estate, including retail, multifamily and land development, as well as industrial sales.

M&B Dental Associates, P.A. signs long-term lease with option to purchase at luxury mixed-use building in Coral Gables

CORAL GABLES, Fla. – (June 17, 2021) – Merrick Manor, the luxury mixed-use building developed by the Henry Torres-led Astor Companies, secured a new tenant for its expanding Health and Beauty Corridor. M&B Dental Associates, P.A. signed a 10-year lease for space on the ground floor of Merrick Manor.

The latest transaction includes an option for M&B, which is led by renowned aesthetic dentist and decorated U.S. Navy veteran Dr. Ivan Mendoza, to purchase the 1,669-square-foot space at Merrick Manor. ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III, the exclusive sales representative for Merrick Manor’s 20,000 square feet of prime ground-floor commercial space, brokered the deal.

When M&B exercises its option during the second year of the lease, the purchase price would be $1.75 million. It is expected to open the Merrick Manor location in March 2022.

“Merrick Manor continues to attract significant interest from a dynamic mix of high-end and service-oriented retailers,” Chamizo said. “M&B Dental Associates, P.A. will be yet one more added benefit for residents of Merrick Manor and the broader Merrick Park neighborhood.”

The building’s Health and Beauty Corridor also includes Anaïs Nails & Spa, Body Details, Elegance Beauty Salon, Sweat 440 and Trésor.

Merrick Manor is quickly running out of available commercial space.

A lease for the last remaining 4,488-square-foot space with over 1,800 square feet of covered terrace is being negotiated.

“Merrick Manor is truly bustling with an exciting group of retailers,” Torres said. “I applaud Manny Chamizo for his efforts in curating our commercial space and generating investor interest in the building.”

Merrick Manor also sold a pair of retail condominiums in April 2021. A Mexican investor acquired a 1,130-square-foot space occupied by Anaïs for $1.05 million, while a South American investor purchased a 1,115-square-foot space occupied by Elegance for $1.03 million

For additional commercial and retail opportunities available at Merrick Manor, contact Chamizo directly at (786) 453-3171 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative at the 227-residence Merrick Manor. For information about Merrick Manor’s residences, visit www.merrick-manor.com or call the Merrick Manor Sales Gallery at (305) 779-6870.

 

 

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About Merrick Manor:

Merrick Manor is the premier new condominium offering in Coral Gables. The 10-story, 227-residence community and its nearly 20,000 square feet of prime ground-floor retail space is located at 301 Altara Avenue – just steps away from the fashionable Shops at Merrick Park. With a modern twist on the timeless elegance of historic Coral Gables, the “City Beautiful,” the Mediterranean villa-style residences offer a unique selection of floor plans for one to four-bedroom designer-ready residences ranging from 574 to more than 3,400 square feet. Prices for remaining units start from $489,990 and range up to $2.6 million. For more information, visit the project Sales Gallery at 301 Altara Ave., Suite 119, call (305) 779-6870 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Facebook: https://www.facebook.com/MerrickManor/

 

About Manny Chamizo III, ONE Sotheby’s Global Commercial Director:

Manuel Chamizo III is a seasoned professional with over 35 years of Commercial Real Estate experience. Manny Chamizo is widely recognized as a power broker and leading investment property expert. He was honored as “Best of the Best” by ONE Sotheby’s and named Power Broker by CoStar for his market expertise. Manny Chamizo has generated over $1 billion dollars in total transaction value throughout his career. He has over three decades of experience in all aspects of commercial real estate, including retail, multifamily and land development, as well as industrial sales.

Mexican investor acquires ground-floor space occupied by nail salon in latest transaction; both deals brokered by ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III

CORAL GABLES, Fla. – (May 5, 2021) – Merrick Manor continues to generate interest from Latin American investors seeking prime commercial real estate within the luxury mixed-use building in Coral Gables. In the latest example, a Mexican investor acquired a 1,130-square-foot space occupied by Anaïs Nails & Spa on Merrick Manor’s ground floor.

The $1.05 million sale, which closed on April 30, 2021, is the second such transaction at Merrick Manor in the past 30 days. In a separate deal, a South American investor purchased a 1,115-square-foot space occupied by Elegance Beauty Salon for $1.03 million.

ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III, the exclusive sales representative for Merrick Manor’s 20,000 square feet of prime ground-floor commercial space, brokered both transactions.

“For Latin American investors, in addition to domestic investors, Merrick Manor is meeting the demand for stabilized luxury commercial real estate in Greater Miami,” Chamizo said. “The fact that the building is located in highly desirable Coral Gables, with brand-new space occupied by a diverse mix of retailers, makes it that much more appealing.”

Anaïs and Elegance are part of the Health and Beauty Corridor at Merrick Manor, which was developed by the Henry Torres-led Astor Companies. Other health and beauty retailers on the building’s ground floor include Body Details, Sweat 440 and Trésor. Chamizo is close to finalizing leases with a dentist and eye doctor to round out the corridor.

In October 2020, Chamizo arranged the sale of a Merrick Manor retail condo to Talent Hub Agency, a talent agency co-owned by Puerto Rican actor, singer, songwriter, composer and television personality Carlos Ponce. The Coral Gables Police Department opened its first substation on the ground floor of the building last year.

Merrick Manor is quickly running out of available commercial space.

A remaining 4,488-square-foot space with over 1,800 square feet of covered terrace is available. This prized corner is ideal for a showroom. It can also be divided into two spaces.

“Our thoughtful approach to target complementary but distinct retailers that serve Merrick Manor’s residents and the surrounding Merrick Park neighborhood is paying off,” Torres said. “Investors and end users are seizing the opportunity for unparalleled Class A real estate in Coral Gables.”

For additional commercial and retail opportunities available at Merrick Manor, contact Chamizo directly at (786) 453-3171 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative at the 227-residence Merrick Manor. For information about Merrick Manor’s residences, visit www.merrick-manor.com or call the Merrick Manor Sales Gallery at (305) 779-6870.

 

Miami law firm Rennert Vogel Mandler & Rodriguez is handling Merrick Manor closings on behalf of Astor.

 

 

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About Merrick Manor:

Merrick Manor is the premier new condominium offering in Coral Gables. The 10-story, 227-residence community and its nearly 20,000 square feet of prime ground-floor retail space is located at 301 Altara Avenue – just steps away from the fashionable Shops at Merrick Park. With a modern twist on the timeless elegance of historic Coral Gables, the “City Beautiful,” the Mediterranean villa-style residences offer a unique selection of floor plans for one to four-bedroom designer-ready residences ranging from 574 to more than 3,400 square feet. Prices for remaining units start from $489,990 and range up to $2.6 million. For more information, visit the project Sales Gallery at 301 Altara Ave., Suite 119, call (305) 779-6870 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Facebook: https://www.facebook.com/MerrickManor/

 

About Manny Chamizo III, ONE Sotheby’s Global Commercial Director:

Manuel Chamizo III is a seasoned professional with over 35 years of Commercial Real Estate experience. Manny Chamizo is widely recognized as a power broker and leading investment property expert. He was honored as “Best of the Best” by ONE Sotheby’s and named Power Broker by CoStar for his market expertise. Manny Chamizo has generated over $1 billion dollars in total transaction value throughout his career. He has over three decades of experience in all aspects of commercial real estate, including retail, multifamily and land development, as well as industrial sales.

 

ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III brokers transaction at luxury mixed-use building; buyer is based in South America

 

CORAL GABLES, Fla. – (April 21, 2021) – Merrick Manor, the luxury mixed-use building in Coral Gables, announces the sale of a retail condominium. ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III, the exclusive sales representative for Merrick Manor’s 20,000 square feet of prime ground-floor commercial space, brokered the sale.

In the transaction, a South American investor purchased a 1,115-square-foot space occupied by Elegance Beauty Salon for $1.03 million. Elegance offers specialized services for hair, nails, make-up and eyebrow threading.

Elegance is part of the Health and Beauty Corridor at Merrick Manor, which was developed by the Henry Torres-led Astor Companies. Other health and beauty retailers on the building’s ground floor include Anaïs Nails & Spa, Body Details and Sweat 440. Chamizo is close to finalizing leases with a dentist and eye doctor to round out the corridor.

“Merrick Manor has an exciting mix of retailers, as these business owners recognize that the building offers an unparalleled combination of brand-new space, incredible location and a built-in customer base of residents, nearby professionals and visitors,” Chamizo said. “This new sale underscores the intense demand from Latin American investors for stabilized Class A commercial product in Coral Gables.”

In October 2020, Chamizo arranged the sale of a Merrick Manor retail condo to Talent Hub Agency, a talent agency co-owned by Puerto Rican actor, singer, songwriter, composer and television personality Carlos Ponce. The Coral Gables Police Department opened its first substation on the ground floor of the building last year.

Merrick Manor is quickly running out of available commercial space. A remaining 4,488-square-foot space with over 1,800 square feet of covered terrace is available. This prized corner can be divided in two and is generating substantial interest from a variety of potential retailers and restaurants.

“We carefully curated the ground floor of our building with complementary but distinct retailers for the benefit of Merrick Manor’s residents and the surrounding Merrick Park neighborhood,” Torres said. “Commercial real estate investors are taking notice. I applaud Manny Chamizo for facilitating this sale and his overall efforts representing our one-of-a-kind commercial space.”

For additional commercial and retail opportunities available at Merrick Manor, contact Chamizo directly at (786) 453-3171 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative at the 227-residence Merrick Manor. For information about Merrick Manor’s residences, visit www.merrick-manor.com or call the Merrick Manor Sales Gallery at (305) 779-6870.

Miami law firm Rennert Vogel Mandler & Rodriguez is handling Merrick Manor closings on behalf of Astor.

 

 

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About Merrick Manor:

Merrick Manor is the premier new condominium offering in Coral Gables. The 10-story, 227-residence community and its nearly 20,000 square feet of prime ground-floor retail space is located at 301 Altara Avenue – just steps away from the fashionable Shops at Merrick Park. With a modern twist on the timeless elegance of historic Coral Gables, the “City Beautiful,” the Mediterranean villa-style residences offer a unique selection of floor plans for one to four-bedroom designer-ready residences ranging from 574 to more than 3,400 square feet. Prices for remaining units start from $489,990 and range up to $2.6 million. For more information, visit the project Sales Gallery at 301 Altara Ave., Suite 119, call (305) 779-6870 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Facebook: https://www.facebook.com/MerrickManor/

 

About Manny Chamizo III, ONE Sotheby’s Global Commercial Director:

Manuel Chamizo III is a seasoned professional with over 35 years of Commercial Real Estate experience. Manny Chamizo is widely recognized as a power broker and leading investment property expert. He was honored as “Best of the Best” by ONE Sotheby’s and named Power Broker by CoStar for his market expertise. Manny Chamizo has generated over $1 billion dollars in total transaction value throughout his career. He has over three decades of experience in all aspects of commercial real estate, including retail, multifamily and land development, as well as industrial sales.

 

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