$19,800,000

$4990/sq ft

$2,700,000
Price Decreased

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Overview

Bedroom

5

Bath

5

Year Built

1972

Garage

1

Sqft

3968

Property Type

Single Family Residence

Property Description

“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.

Property Details

MLS#

A11953949

Garage

1

Building

CORAL BAY SEC B

Address

720 Lugo Ave

City

Coral Gables

State/county

FL

Zip/Postal Code

33156

Area

Coral Bay Sec B

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$68,572

Maint Fee

$--

Tax Year

2025

Dishwasher

Disposal

Dryer

Microwave

Other Equipment/Appliances

Gas Range

Refrigerator

Wall Oven

Washer

Bay

Ocean

Direct Ocean

Pool

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Boris Gelfand