Waterfront - Primary on Main
Address
720 Lugo Ave, Coral Gables, FL
Price
$ 19,800,000
Property Attributes
- MLS#A11953949
- TypeSingle Family
- Listing Status Active
- CountyMiami-Dade
- CityCoral Gables
- Area51
- NeighborhoodCORAL BAY SEC B
- Zip33156
- Style
- Year Built1972
- Taxes$ 68572
- Price$ 19,800,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage3968
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
“My Paradise” earns its name! This 5BR/5BA double-waterfront estate sits on a 32,025 SF lot with 250’ of unobstructed pristine waterfront views on both sides, capturing mesmerizing sunrise-to-sunset across Biscayne Bay, Downtown, Miami Beach & Key Biscayne. Privately positioned at Lugo Avenue’s dead end, resort-style grounds feature lush landscaping, wooden & coral walkways, gazebo, sand beach, summer kitchen & serene fountains. Elevated pool deck w/glass railings frame sweeping bay & island vistas. Spacious open living room w/pitched wood-beam ceilings, skylights, formal dining, kitchen w/Bosch & Sub-Zero appliances. Principal suite offers amazing bayside views & spa bath. A yachtsman’s dream includes 66’ dock w/lift, boathouse & plans in progress to extend to 100’. Minutes to dining, shops, & top schools.
| Elementary School | Middle School | High School |
|---|---|---|
| Pinecrest Elementary School | Palmetto Middle School | Miami Palmetto High School |
| Price History | |
|---|---|
| 2/4/2026 | Listed $22,500,000 |
| 5/4/2026 | 12$19,800,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Utilities | Cable Available |
| Possession | Closing & Funding |
| Roof | Concrete |
| Appliances | Built-In Oven,Dryer,Dishwasher,Disposal,Gas Range,Microwave,Other,Refrigerator,Washer |
| Garage Spaces | 1 |
| Architectural Style | One Story |
| Pool Features | Above Ground,Pool |
| Security Features | Gated Community |
| Restrictions | No Restrictions |
| Construction Materials | Block |
| Pets Allowed | No,Yes |
| Year Built | 1972 |
| View | Bay,Ocean,Pool |
| Stories Count | 1 |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | Bayfront,Ocean Access,Ocean Front |
| Community Features | Gated,Home Owners Association |
| County | Miami-Dade |
| Property Type | Residential |
| Subdivision Name | CORAL BAY SEC B |
| Facing Direction | North |
| Garage Y/N | true |
| Full Baths | 5 |
| Status | Active |
| High School | Miami Palmetto |
| City | Coral Gables |
| Senior Community Y/N | false |
| Zoning Description | 0100 |
| MLS Area | 51 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 32025 |
| Listing Terms | Cash,Conventional |
| Elementary School | Pinecrest |
| Year Built Details | Resale |
| Tax Annual Amount | 68572 |
| Middle/Junior High School | Palmetto |
| Lease Considered Y/N | false |
| Virtual Tour | https://vimeo.com/1161882421 |
| Standard Status | Active |
| Occupancy Type | Call Agent |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Coral Gables |
| Legal Description | CORAL BAY SEC B PB 65-115 LOTS 32 & 33 BLK 3 LOT SIZE 200.000 X 115 OR 11030-2312 0381 2 |
| AttributionContact | 305-915-2556 |
Interior Features
| Interior Amenities | Wet Bar,Built-in Features,Bedroom on Main Level,Breakfast Area,Dining Area,Separate/Formal Dining Room,Dual Sinks,Entrance Foyer,First Floor Entry,Custom Mirrors,Main Level Primary,Skylights,Separate Shower,Walk-In Closet(s) |
|---|---|
| Flooring | Hardwood,Other,Tile,Wood |
| Furnished Y/N | Unfurnished |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Skylight(s) |
| Total Bedrooms | 5 |
| Total Baths | 5 |
Exterior Features
| Exterior Amenities | Lighting,Other |
|---|---|
| Parking Features | Driveway,Other |
| Lot Features | Irregular Lot,Oversized Lot |
| Water Source | Public |
| Lot Size Area | 32025 |
| Building Area Total | 4645 |
| Frontage Length | 250 |
| Private Pool | true |
| Waterfront Y/N | true |
| Covered Spaces | 1 |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33156
Price
Taxes
Year Built
In The Neighborhood
Waterfront
Coral Gables
$ 14,850,000
750 Lugo Ave
Coral Gables, FL 33156
- Type
- Single Family
- Size
- 4,928 SqFt
- Rooms
- 5 Beds + 5 Baths
Waterfront
Coral Gables
$ 28,000,000
650 Lugo Ave
Coral Gables, FL 33156
- Type
- Single Family
- Size
- 9,287 SqFt
- Rooms
- 7 Beds + 4.5 Baths
Waterfront
Coral Gables
$ 5,500,000
1130 Lugo Ave
Coral Gables, FL 33156
- Type
- Single Family
- Size
- 2,968 SqFt
- Rooms
- 4 Beds + 3.5 Baths
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Data Last Updated: September 22, 2026 1:20 AM UTC
