720 Lugo Ave, Coral Gables, FL 33156
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
720 Lugo Ave,Coral Gables, FL 33156
$19,800,000
- 5 Beds
- 5 Baths
- 3,968 sq. ft.
- Single family
- Active
Listed by: jill eber, judith zeder
Office: coldwell banker realty305-672-6300
MLS#:A11953949
Source:SEFMLS
Price summary
- Price:$19,800,000
- Price per sq. ft.:$4,262.65
About this home
"My Paradise" lives up to its name. Double waterfront parcels. Set on a remarkable 32,025 SF lot with 250 feet of unobstructed, pristine waterfront views on both sides, this exceptional property presents a rare opportunity to create a world-class estate with unparalleled redevelopment flexibility, privacy, and natural beauty. Capturing breathtaking sunrise-to-sunset views across Biscayne Bay, Downtown Miami, Miami Beach, and Key Biscayne, it is privately positioned at the end of Lugo Avenue. The resort-style grounds feature lush tropical landscaping, wooden and coral stone walkways, a gazebo, sandy beach, summer kitchen, and tranquil fountains. An elevated pool deck with glass railings frames sweeping bay and island vistas. A true yachtsman's retreat, the property includes a 66-foot dock with boat lift, a spacious boathouse, and plans in progress to extend to 100 feet. Ideally located just minutes from Coconut Grove, Downtown Miami, Miami Beach, and Miami International Airport, and close to fine dining, premier shopping, cultural and sporting venues, and top-rated schools. This offering represents an extraordinary opportunity to develop a landmark waterfront estate in one of Miami's most coveted locations....
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Home facts
- Year built:1972
- Subdivision & Development:CORAL BAY SEC B
- Listing ID #:A11953949
- Updated:September 21, 2026 at 09:57 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Hardwood, Tile, Wood
- Dining Description:Breakfast Area, Dining Area, Separate Formal Dining Room
- Bathrooms Description:Dual Sinks, Separate Shower
- Kitchen Description:Built In Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
- Bedroom Description:Main Level Primary, Walk-In Closets
- Living area:3,968 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Concrete
- Year built:1972
- Building area:3,968 sq. ft.
- Lot area:0.74 Acres
- Lot Features:Irregular Lot, Oversized Lot
- Architectural Style:One Story
- Construction Materials:Block
- Levels:1 Story
Schools
- High school:Miami Palmetto
- Middle school:Palmetto
- Elementary school:Pinecrest
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$19,800,000
- Price per sq. ft.:$4,262.65
- Tax amount:$68,572 (2025)
Features and amenities
- Appliances:Built-In Oven, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Gated Community, Lighting, Skylights, Wet Bar
- Pool features:Above Ground, Pool
Parking
- Parking description:Driveway
- Garage:Yes
- Garage spaces:1
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