Home/Search/750 Lugo Ave, Coral Gables FL 33156
750 Lugo Ave, Coral Gables FL 331561 / 45
For Sale
Single Family Residence
Waterfront

$14,850,000

750 Lugo Ave, Coral Gables FL 33156

5

Bedrooms

5

Bathrooms

4,928

Sq Ft

About This Property

Casa Dos Aguas - Rarely available, this extraordinary waterfront residence offers one of South Florida’s most coveted settings on a private peninsula within the exclusive, gated Gables by the Sea community in Coral Gables. It offers breathtaking open water views of Biscayne Bay to both the north and south, with a stunning downtown Miami skyline backdrop. Designed in the spirit of mid-century modern architecture, living areas are elevated on the second floor and additional bedrooms on the third - maximizing the spectacular panoramic bay views enjoyed from virtually every room. A three-story elevator provides effortless access throughout. Boasting 100 linear feet of deep-water frontage with no fixed bridges to Biscayne Bay, the property is a true yachtsman’s dream, capable of accommodating a large yacht with direct, unobstructed access to open water. The roof was redone in 2013 and has all-impact windows and doors. Designed for the South Florida lifestyle, the home features generous balconies to savor the constant bay breeze and sweeping water vistas, while the ground floor offers an expansive covered entertainment area perfect for hosting. The resort-style pool includes an in-pool spa and is heated for year-round enjoyment. Located just three properties in from the bay within one of Coral Gables’ most prestigious gated enclaves, this is a rare opportunity to own a true waterfront trophy property.

Property Details

MLS #:A12029654
Price:$14,850,000
Status:For Sale
Days on Market:98
Date Listed:Jun 5, 2026
Bedrooms:5
Total Bathrooms:5
Full Bathrooms:5
Half Bathrooms:0
Living Area:4928 sqft
Building Area:6196 sqft
Lot Size:11500 sqft
Price per Sqft:$3,013/sqft
Year Built:1988
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, Dryer, Gas Range, Microwave, Refrigerator, Washer
Flooring:Marble, Tile, Wood
Interior Features:Second Floor Entry, Built-in Features, Elevator, Walk-In Closet(s), Family Room
Virtual Tour:Available

Architectural Style:Detached, Three Or More Stories
Construction Materials:CBS Construction
Structure Type:House
Roof:Flat Tile
Exterior Features:Barbeque, Lighting
Patio/Porch:Awning(s)
Lot Features:1/4 To Less Than 1/2 Acre Lot
Lot Size:11500 sqft
Pool:Above Ground
Waterfront:Yes – Ocean Access, Ocean Front
View:Bay, Ocean, Pool
Sewer:Public Sewer
Water Source:Municipal Water

Parking Features:Circular Driveway, Covered, Paver Block
Garage Spaces:2
Covered Spaces:2

HOA:Yes
Community Features:Gated Community, Public Road

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

Price per Sqft:$3,013/sqft
Annual Tax Amount:$129,853
Tax Year:2025
Listing Terms:All Cash, Conventional
Possession:Funding
Parcel Number:03-51-18-006-0310
Legal Description:CORAL BAY SEC B PB 65-115 LOT 31 BLK 3 LOT SIZE 100.000 X 115 OR 12516-1150 0585 1 COC 23397-2586 05 2005 1
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Listing courtesy of Compass Florida, LLC. Data last updated September 11, 2026 at 07:28 PM.