Single Family Residence
750 Lugo Ave
750 Lugo Ave, Coral Gables FL 33156
$14,850,000
5 Beds · 5 Baths · 4,928 SqFt
See estimated monthly costThis listing is courtesy of Compass Florida, LLC. Benjamin Moss
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 4,928
- Full bathrooms
- 5
- Second Floor Entry
- Built-in Features
- Elevator
- Walk-In Closet(s)
- Family Room
Building & exterior
- Year built
- 1988
- Lot size (sq ft)
- 11,500
- Garage spaces
- 2
- Covered spaces
- 2
- Waterfront
- Yes
- Bay
- Ocean
- Pool
- Ocean Access
- Ocean Front
- Barbeque
- Lighting
- Circular Driveway
- Covered
- Paver Block
HOA (homeowners association)
- Ok To Lease
Taxes
- Annual tax
- $129,853
- Tax year
- 2025
- Parcel number
- 03-51-18-006-0310
Assigned schools
- Elementary
- Pinecrest
- Middle
- Palmetto
- High
- Miami Palmetto
Listing
- MLS number
- A12029654
- Property type
- Single Family Residence
- Price per SqFt
- $3,013
- Subdivision
- CORAL BAY SEC B
- On market since
- Jun 5, 2026
- Days on market
- 98
Estimated monthly cost
$97,048 per month
- Principal & interest (30 yr)
- $75,090
- Property tax
- $10,821
- Insurance (estimated)
- $11,138
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
- Gulliver Academy
Similar homes nearby
Active listings within two miles, with a comparable size and price.
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