MIAMI LUXHomesSearch
$19,800,000 Beds Baths

720 Lugo Ave, Coral Gables FL 33156

Coral Gables, FL 33156 · CORAL BAY SEC B

Status
Active
Type
Residential
Year Built
Days on Market
87
Lot Size
32,025 sqft
MLS #
A12013324
County
Miami-Dade County

Description of 720 Lugo Ave, Coral Gables FL 33156

"My Paradise” lives up to its name. 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.

Property Details for 720 Lugo Ave, Coral Gables FL 33156

Pool Private
No
Direction Faces
North

Building Information for 720 Lugo Ave, Coral Gables FL 33156

Building Name
CORAL BAY SEC B
Building Area Units
Square Feet
Association
No

Property Information for 720 Lugo Ave, Coral Gables FL 33156

Lot Features
City Location, Other Soil Type, 1/2 To Less Than 3/4 Acre Lot, Other
Lot Size Square Feet
32,025
Waterfront
Yes
Waterfront Features
Ocean Front
Frontage Length
250
View
Bay View, Ocean View
Sewer
Public Sewer
Water Source
Municipal Water
New Construction
No

Public Records for 720 Lugo Ave, Coral Gables FL 33156

Parcel Number
03-51-18-006-0320
Tax Annual Amount
$68,572
Tax Year
2,025
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
Zoning
0100
County Or Parish
Miami-Dade County

Location

720 Lugo Ave, Coral Gables FL 33156 · More homes in Coral Gables

Courtesy of Coldwell Banker Realty

Similar Homes in Coral Gables

More information about 720 Lugo Ave, Coral Gables FL 33156

720 Lugo Ave is a property for sale in Coral Gables, FL 33156. This property was listed for sale on May 5, 2026 by Coldwell Banker Realty, it's currently listed at $19,800,000. This listing's school district is Miami-Dade County Public Schools.