Home in 720 Lugo Ave Coral Gables for sale with MLS# A11953949
My Paradise" earns its name! This 5BR/5BA 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.
720 Lugo Ave, Coral Gables, FL 33156
Price
- Price:
- $22,500,000.00
- Original List Price:
- $22,500,000.00
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- MLS Number:
- A11953949
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- February 4, 2026 12:59 pm
Rooms Distribution
- Bedrooms:
- 5
- Bathrooms Total:
- 5
- Full Bath:
- 5
- Room Type:
- Laundry, Utility Room
Measures
- Living Area:
- 3,968 Sqft
- Built-Up Area:
- 4,645 Sqft
- Lot Area:
- 32,025 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Irregular Lot
Property Features
- View from the Property:
- Pool, Ocean, Bay
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Access, Ocean Front, Bay Front
- Frontage Length:
- 250
- Swimming Pool Features:
- Pool, Above Ground
- Security:
- Gated Community
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Other, Gas Range, Built In Oven
- Interior:
- First Floor Entry, Breakfast Area, Dining Area, Walk-In Closet(s), Bedroom On Main Level, Entrance Foyer, Built-in Features, Custom Mirrors, Wet Bar, Skylights, Separate Formal Dining Room, Main Level Primary, Separate Shower, Dual Sinks
- Exterior:
- Lighting, Other
- Windows:
- Skylight(s), Skylight(s)
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Property Entrance Faces:
- North
- Water Access Description:
- Private Dock
- Boat Dock Slip:
- Private Dock
Construction
- Year Built:
- 1972
- Year Built Details:
- Resale
- Roof:
- Concrete
- Architectural Style:
- One Story
- Construction Materials:
- Block
- Flooring:
- Tile, Wood, Other, Hardwood
- Stories:
- 1
- Road Frontage Type:
- City Street
Taxes and Expenses
- Tax Annual Amount:
- $68,572.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects City & County Tax
Parking
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Driveway, Other
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
Community
- Pets Allowed?:
- Yes, No Pet Restrictions
- Subdivision Name:
- CORAL BAY SEC B
- Community Features:
- Gated, Home Owners Association
- Senior Community:
- No
- Restrictions:
- No Restrictions
Terms
- Documents Available:
- Survey
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Call Agent
- Buyer Possession:
- Closing And Funding
Zoning and Legal
- Tax 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
- Real Estate Folio Number (Parcel Number):
- 03-51-18-006-0320
- Zoning Description:
- 0100
Public Schools Assigned
- Elementary School:
- Mittye P. Locke-po
- High School:
- Miami Palmetto
- Middle Or Junior School:
- Palmetto
Listing History
- Originally published on:
- February 4, 2026 12:59 pm
- Active on the market since:
- February 4, 2026
- Price change occurred on:
- January 27, 2026 5:06 pm
- Listing Status Last Changed On:
- February 4, 2026 12:59 pm
- Photos updated on:
- February 4, 2026 6:20 pm
- Last Modified:
- April 10, 2026 2:23 pm
Additional Information
- Housing Older Persons Act:
- No HOPA
- Flood Zone:
- VE
- Type of Association:
- None
- Rooms Description:
- Utility Room/Laundry
- Style:
- WF/Pool/Ocean Access
- Municipal Code:
- 3
- Subdivision Number:
- 6
- Courtesy of:
- Coldwell Banker Realty
- Attribution:
- Darrell.Burks@Floridamoves.com
Location
- Street Name:
- Lugo Ave
- Street Number:
- 720
- City:
- Coral Gables
- State:
- Florida
- Zip Code:
- 33156
- County:
- Miami-Dade
- Latitude:
- N25° 39' 8.7''
- Longitude:
- W81° 43' 57''
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$134,720
Median Home Value
$1,063,100
Median Rent
$1,936/mo
Median Age
42
Population
32,708
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
55
Moderate
☀️ O3
45
Good
🫁 PM2.5
55
Moderate
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