Cora, also known as Cora Merrick Park, is a luxury mixed-use residential condominium development located at 4241 Aurora Street in the heart of Coral Gables' exclusive Merrick Park area. Developed by Constellation Group and The Boschetti Group, this 11- to 13-story boutique building will feature approximately 72-74 high-end residences upon completion, anticipated around 2027-2028. The project emphasizes wellness, contemporary design, and Mediterranean-style architecture, offering residents proximity to upscale shopping, dining, and offices at Merrick Park.
HOA Fees and Financial Obligations HOA fees for units in this condominium association are substantial, reflecting the luxury amenities and prime location. Reported monthly fees range from approximately $1,656 to $3,600 per unit, varying by size and floor plan. These fees typically cover building maintenance, amenities access, insurance, and reserves. Additional costs may include special assessments during construction phases or for major improvements. Property taxes are separate and noted around $15,000 annually in some listings.
Rules and Regulations As a condominium, residents must adhere to standard association bylaws, including restrictions on pets, rentals, alterations to units, and use of common areas. Detailed rules will be outlined in the governing documents available upon purchase. Given its new construction status, the association is expected to enforce modern wellness-oriented guidelines.
Community Amenities and Lifestyle Amenities focus on wellness and convenience, including a fitness center, swimming pool, sauna, clubhouse/clubroom, business center, cabana, barbecue and picnic areas, elevators, and Coral Gables' first rooftop padel court. The mixed-use nature integrates residential living with retail and office spaces nearby.
Notable Aspects Cora stands out for its wellness-centric design in a highly desirable Coral Gables location steps from Merrick Park's luxury retail. It represents a new era of boutique high-rise living in the area, with construction financing recently secured.
Management Company: Details not publicly available (pre-construction phase; likely developer-managed initially) Phone: Details not publicly available Email: Details not publicly available Website: Details not publicly available Address: 4241 Aurora Street, Coral Gables, FL 33146