720 Lugo Ave Coral Gables, FL $ 22,500,000
720 Lugo Ave
$ 22,500,000
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720 Lugo Ave

Coral Gables, FL, 33156
$ 22,500,000
Bedrooms5 Baths5.0 Sq 3,968

Monthly Estimate*

$ 138,536

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Single Family Home for sale in Coral Gables, FL

for $22,500,000 with 5 bedrooms and 5 full baths. This 3,968 square foot home was built in 1972.

“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.

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Single Family Active

Price

$ 22,500,000

Bedrooms

5

Full Bath

5

Property Type

Single Family

Taxes

$ 68,572

Style

Year Built

1972

Town/City

Coral Gables

County/Region

Miami-Dade

MLS | Web ID

A11953949

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Closing & Funding
Roof Concrete
Appliances Built-In Oven Dryer Dishwasher Disposal Gas Range Microwave Other Refrigerator Washer
Garage Spaces 1
Architectural Style One Story
Pool Features Above Ground Pool
Security Features Gated Community
Restrictions No Restrictions
Construction Materials Block
Pets Allowed No Pet Restrictions Yes
Year Built 1972
View Bay Ocean Pool
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Bayfront Ocean Access Ocean Front
Community Features Gated Home Owners Association
County Miami-Dade
Property Type Residential
Subdivision Name CORAL BAY SEC B
Facing Direction North
Garage Y/N true
Total Rooms 0
Full Baths 5
Status Active
High School Miami Palmetto
City Coral Gables
Senior Community Y/N false
Zoning Description 0100
MLS Area 51
Lot Size Units Square Feet
Lot Size Square Feet 32025
Listing Terms Cash Conventional
Elementary School Pinecrest
Year Built Details Resale
Tax Annual Amount 68572
Middle/Junior High School Palmetto
Lease Considered Y/N false
Virtual Tour https://vimeo.com/1161882421
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Single Family Residence
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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Interior
Interior Amenities Wet Bar Built-in Features Bedroom on Main Level Breakfast Area Dining Area Separate/Formal Dining Room Dual Sinks Entrance Foyer First Floor Entry Custom Mirrors Main Level Primary Skylights Separate Shower Walk-In Closet(s)
Flooring Hardwood Other Tile Wood
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Half Baths 0
Total Bedrooms 5
Total Baths 5
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Exterior
Exterior Amenities Lighting Other
Parking Features Driveway Other
Lot Features Irregular Lot
Water Source Public
Lot Size Area 32025
Building Area Total 4645
Frontage Length 250
Waterfront Y/N true
Covered Spaces 1
Road Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Realty

Broker

jille@jillszeder.com

Email

Affordability Calculator

$144,251
Per Month
96%
4%
0%
Monthly Principal & Interest
$138,536
Monthly Property Taxes
$5,714
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4731068 Elementary School
4716753 Middle School
Miami Palmetto High School High School
Pricing History
DatePricePrice ChangeDescription
2/4/2026$22,500,000 Listed Price

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720 Lugo Ave, Coral Gables, FL, 33156 is a Single Family Home for sale at $22,500,000 with 3,968 sqft. 720 Lugo Ave has 5 bedrooms, 5.0 baths, and was built in 1972. The property's zip code is 33156 which is in Coral Gables, FL