720 Lugo Ave, Coral Gables FL 33156 | Miami-Dade County | A11953949
  • $19,800,000

Description

“My Paradise” earns its name! This 5BR/5BA 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 Overview

CORAL BAY SEC B at 720 Lugo Ave offers a rare blend of scale, privacy, and direct bay access. This 5-bedroom, 5-bathroom single-family estate sits on a 32,025-square-foot lot with 250 feet of clear, unobstructed waterfront on both sides—capturing sunrise over Biscayne Bay to the west and sunset over Downtown Miami and Key Biscayne to the east. The grounds are meticulously landscaped with wood and coral walkways, a gazebo, sand beach, summer kitchen, and tranquil fountains. The home features an elevated pool deck with glass railings for uninterrupted bay and island views, plus a pitched wood-beam ceiling in the open-concept living room, skylights, and Bosch and Sub-Zero appliances in the kitchen. The principal bedroom offers direct bayside views and a spa-like bathroom. A boater’s paradise, the property includes a 66-foot dock with a lift and boathouse, with plans underway to extend the dock to 100 feet. Located at the end of Lugo Avenue, the home offers a secluded yet convenient position just minutes from Coral Gables’ dining, shopping, and top-rated schools. The 3,968-square-foot interior is complemented by the expansive, resort-style exterior, making this a standout offering in a neighborhood known for its natural beauty and quiet exclusivity.

Frequently Asked Questions

How many bedrooms and bathrooms does the home have?

The home has 5 bedrooms and 5 full bathrooms.

What are the square footage and year built?

The living area is 3,968 square feet, and the home was built in 1972.

Does the property have waterfront views?

Yes, the home sits on a 32,025 SF lot and offers 250 feet of unobstructed waterfront views on both sides of Biscayne Bay.

What kind of outdoor features are included?

The property includes a resort-style yard with lush landscaping, wooden and coral walkways, a gazebo, sand beach, summer kitchen, serene fountains, and an elevated pool deck with glass railings.

Are there any boating amenities on the property?

Yes, the property includes a 66-foot dock with a lift, a boathouse, and there are plans in progress to extend the dock to 100 feet.

Monthly Fees & Carrying Costs

  • Membership Required: No
  • Address: Lugo Ave
  • City: Coral Gables
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33156
  • Area: CORAL BAY SEC B

Details

Updated on June 29, 2026 at 1:40 pm
  • Property ID A11953949
  • Price $19,800,000
  • Property Size 3968 Sq Ft
  • Bedrooms 5
  • Room 0
  • Bathrooms 5
  • Garage 1
  • Year Built 1972
  • Type Single Family Residence
  • Property Status Active, Residential

Additional details

  • Flooring Other, Tile, Wood
  • Waterfront Features Ocean Access, Ocean Front
  • Bedroom Features Entry Level, Primary Bedroom Ground Level
  • Cooling Central Air, Electric
  • Association Type None
  • Building CORAL BAY SEC B
  • Area Coral Bay Sec B
  • Annual Tax 68572
  • Association No
  • Elementary School Pinecrest
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 5
  • Subdivision CORAL BAY SEC B
  • Restrictions No Restrictions
  • Parking Driveway, Other
  • Heating Central, Electric
  • Structure Type House
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 4645
  • Covered Spaces 1
  • Middle School Palmetto
  • Frontage Bay
  • View Bay, Ocean, Direct Ocean, Pool
  • Year Built Details Resale
  • High School Miami Palmetto
  • Pets Allowed Yes
  • Inclusions Private Dock, Private Dock
  • Half Bathrooms 0
  • Flood Zone VE
  • New Construction No
  • Garage Spaces 1
  • Style WF/Pool/Ocean Access
  • Lot Size (Sq Ft) 32025
  • Membership Purchase Required No

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Christopher Lazaro

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