Home/Search/720 Lugo Ave, Coral Gables FL 33156
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For Sale
Single Family Residence
Waterfront

$19,800,000

720 Lugo Ave, Coral Gables FL 33156

5

Bedrooms

5

Bathrooms

3,968

Sq Ft

About This Property

“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.

Property Details

MLS #:A11953949
Price:$19,800,000
Original Price:$22,500,000
Status:For Sale
Days on Market:219
Date Listed:Feb 4, 2026
Bedrooms:5
Total Bathrooms:5
Full Bathrooms:5
Half Bathrooms:0
Living Area:3968 sqft
Building Area:4645 sqft
Lot Size:32025 sqft
Price per Sqft:$4,990/sqft
Year Built:1972
Property Type:Residential
Property Sub Type:Single Family Residence

Bedrooms:5
Full Bathrooms:5
Half Bathrooms:0
Heating:Central, Electric
Cooling:Central Air, Electric
Appliances:Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
Flooring:Other, Tile, Wood
Interior Features:First Floor Entry, Built-in Features, Custom Mirrors, Entrance Foyer, Skylight, Walk-In Closet(s), Wet Bar, Utility Room/Laundry
Window Features:Skylight
Laundry:Utility Room/Laundry
Entry Location:Foyer
Virtual Tour:Available

Architectural Style:Attached, One Story
Construction Materials:CBS Construction
Structure Type:House
Roof:Concrete
Exterior Features:Lighting, Other
Lot Features:1/2 To Less Than 3/4 Acre Lot, Irregular Lot, Oversized Lot
Lot Size:32025 sqft
Pool:Above Ground
Waterfront:Yes – Ocean Access, Ocean Front
View:Bay, Ocean, Direct Ocean, Pool
Sewer:Public Sewer
Water Source:Municipal Water

Parking Features:Driveway, Other
Garage Spaces:1
Covered Spaces:1

Community Features:Gated Community, Public Road, Voluntary Hoa
Pets Allowed:Yes

Area/Region:Coral Bay Sec B
Direction Faces:North
Elementary School:Pinecrest
Middle School:Palmetto
High School:Miami Palmetto
Zoning:0100

Price per Sqft:$4,990/sqft
Annual Tax Amount:$68,572
Tax Year:2025
Listing Terms:All Cash, Conventional
Possession:Funding
Parcel Number:03-51-18-006-0320
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
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Listing courtesy of Coldwell Banker Realty. Data last updated September 11, 2026 at 05:23 PM.