Home in 720 Lugo Avenue, Coral Gables, FL 33156 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 Avenue, Coral Gables, FL 33156
Price
- Price:
- $19,800,000.00
- Original List Price:
- $22,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $4,989.91
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- May 4, 2026 10:49 pm
- Other Special Conditions:
- Property Survey Available
Rooms Distribution
- Bedrooms:
- 5
- Bathrooms Total:
- 5
- Full Bath:
- 5
- Room Type:
- Laundry
- Master Bedroom Bath:
- Separate Shower, Dual Sinks, Master Bdrm - Ground, Separate Tub, Bedroom On Entry Level
- Dining Area:
- Formal Dining, Breakfast Area
Measures
- Living Area:
- 3,968 Sqft
- Built-Up Area:
- 4,645 Sqft
- Lot Features:
- Irregular Lot
- Lot Size Acres:
- 0.74
Property Features
- View from the Property:
- Pool, Ocean, Bay, Direct Ocean
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Access, Ocean Front, Bayfront
- Frontage Length:
- 250
- Private Pool
- Swimming Pool Features:
- Above Ground
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Other, Gas Range, Oven
- Interior:
- Walk-In Closet(s), Entrance Foyer, Built-in Features, Custom Mirrors, Wet Bar
- Exterior:
- Lighting, Other
- Windows:
- Skylight(s), Skylight(s)
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Boat and Dock Features:
- Private Dock
- Property Entrance Faces:
- North
- Other Equipment:
- Other
Construction
- Year Built:
- 1972
- Roof:
- Concrete
- Levels:
- One
- Entry Level (floor):
- 1
- Construction Materials:
- CBS
- Flooring:
- Tile, Wood, Other
- Number of stories:
- 1
- Road Frontage Type:
- Public Road
- Flood Zone Code:
- VE
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $68,572.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County
Parking
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Driveway
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
Community
- Association
- Association Membership:
- Voluntary
- Pets Allowed?:
- Yes, No Restrictions
- Amenities Provided by the Homeowner's Association (HOA):
- Gated
- Subdivision Name:
- CORAL BAY SEC B
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Community Dock
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
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):
- 0351180060320
- Zoning:
- 0100
Public Schools Assigned
- Elementary School:
- Lake Alfred Elem
- High School:
- Miami Palmetto
- Middle Or Junior School:
- Palmetto
Listing History
- Active on the market since:
- February 4, 2026
- Listing Agreement executed on:
- February 4, 2026
- Price change occurred on:
- May 4, 2026 10:49 pm
- Listing Status Last Changed On:
- February 4, 2026 6:01 pm
- Photos updated on:
- July 31, 2026 6:01 pm
- Last Modified:
- July 31, 2026 6:01 pm
Additional Information
- Courtesy of:
- Coldwell Banker Realty
- Attribution:
- Not provided
Location
- Street Name:
- Lugo
- Street Number:
- 720
- City:
- Coral Gables
- State:
- Florida
- Zip Code:
- 33156
- County:
- Miami-Dade
- Latitude:
- N25° 39' 8.8''
- Longitude:
- W81° 43' 57.7''
- Street Suffix:
- Avenue
Property Map
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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)
32
Good
☀️ O3
18
Good
🫁 PM2.5
32
Good
💨 PM10
19
Good
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