720 Lugo Ave, Coral Gables, FL 33156

Coral Gables
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
  • - 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...

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Home facts

  • Year built:1972
  • Subdivision & Development:CORAL BAY SEC B
  • Listing ID #:A11953949
  • Updated:November 06, 2026 at 11:06 AM

Rooms and interior

  • Bedrooms: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:Flood Zone, 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
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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