Single Family Residence
720 Lugo Ave
720 Lugo Ave, Coral Gables FL 33156
$19,800,000
5 Beds · 5 Baths · 3,968 SqFt
See estimated monthly costThis listing is courtesy of Coldwell Banker Realty. Jill Eber 305-915-2556
Overview
“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.
Facts & features
Interior
- Living area (sq ft)
- 3,968
- Full bathrooms
- 5
- Furnished
- Unfurnished
- First Floor Entry
- Built-in Features
- Custom Mirrors
- Entrance Foyer
- Skylight
- Walk-In Closet(s)
- Wet Bar
- Utility Room/Laundry
Building & exterior
- Year built
- 1972
- Lot size (sq ft)
- 32,025
- Garage spaces
- 1
- Covered spaces
- 1
- Waterfront
- Yes
- Bay
- Ocean
- Direct Ocean
- Pool
- Ocean Access
- Ocean Front
- Lighting
- Other
- Driveway
HOA (homeowners association)
- Pets allowed
- Yes
- No Restrictions
- Yes
Taxes
- Annual tax
- $68,572
- Tax year
- 2025
- Parcel number
- 03-51-18-006-0320
Assigned schools
- Elementary
- Pinecrest
- Middle
- Palmetto
- High
- Miami Palmetto
Listing
- MLS number
- A11953949
- Property type
- Single Family Residence
- Price per SqFt
- $4,990
- Subdivision
- CORAL BAY SEC B
- On market since
- Feb 4, 2026
- Days on market
- 219
Estimated monthly cost
$120,684 per month
- Principal & interest (30 yr)
- $100,120
- Property tax
- $5,714
- Insurance (estimated)
- $14,850
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Gulliver Academy - Marian C. Krutulis Campus
Similar homes nearby
Active listings within two miles, with a comparable size and price.
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