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
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Data Last Updated: September 18, 2026 3:27 PM UTC
Palm Beach Board of Realtors MLS® (PBBORMLS) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
