720 Lugo Ave, Coral Gables, FL 33156
See all 71 photos
720 Lugo Ave, Coral Gables, FL 33156
720 Lugo Ave, Coral Gables, FL 33156
720 Lugo Ave, Coral Gables, FL 33156
720 Lugo Ave, Coral Gables, FL 33156
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sylvio Martini

Sylvio Martini

+1(305) 876-4420
$ 19,800,000
Est. payment /mo
Save Virtual Tour
New

720 Lugo Ave Coral Gables, FL 33156

0.73 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Coral Bay Sec B

MLS Listing ID A12013324

HOA Y/N No

Annual Tax Amount $68,572

Tax Year 2025

Lot Size 0.735 Acres

Acres 0.735

Property Sub-Type Residential

Property Description

"My Paradise” lives up to its name. 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.

Location

State FL

County Miami-dade

Community Coral Bay Sec B

Area 51

Exterior

Community Features Gated, Home Owners Association

Utilities Available Cable Available, Electricity Available, Other, Sewer Available, Water Available

Waterfront Description Bayfront,Ocean Front

View Bay, Ocean

Street Surface Paved

Private Pool Yes

Building

Faces North

Sewer Public Sewer

Water Public

Others

Tax ID 03-51-18-006-0320

Security Features Gated Community

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://vimeo.com/1161882421

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Coldwell Banker Realty

GET MORE INFORMATION

Sylvio Martini
Sylvio Martini

admin

+1(305) 876-4420 | martini@miamirealtysolution.com

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Miami Realty Solution, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

720 Lugo Ave