ActiveResidential
720 Lugo Ave, Coral Gables FL 33156
Coral Gables, FL 33156 · MLS #A12013324The residence
About this property
"My Paradise” lives up to its name. Double waterfront parcels. 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.
At a glance
Property details
- Property type
- Residential
- Listing type
- For sale
- Status
- Active
- Lot size
- 32,025 sq. ft.
- Subdivision
- CORAL BAY SEC B
- County
- Miami-Dade County
- Days on market
- 129
- Original list price
- $19,800,000
- Listing date
- May 5, 2026
- Annual property tax
- $68,572 (2025)
- Listing agent
- Jill Eber
- Listing office
- Coldwell Banker Realty
- MLS number
- A12013324
Neighborhood & location
Explore CORAL BAY SEC B
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $100,120
- Property taxes
- $5,714
- Homeowners insurance
- $9,900
- Estimated total
- $115,734
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
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Listing courtesy of Coldwell Banker Realty, 305-672-6300.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.