For Sale
720 Lugo Ave, Coral Gables, Florida 33156
“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.
- Condominium:
- Lugo Ave
- Property Type:
- Land/boat Docks
- Listing Type:
- For Sale
- Listing ID:
- A12013324
- Price:
- $19,800,000
- Days On Market:
- 42
- Property Sub Type:
- Residential
“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.
- State:
- FL
- County:
- Miami-Dade County
- City:
- Coral Gables
- Subdivision:
- CORAL BAY SEC B
- Zipcode:
- 33156
- Street:
- Lugo Ave
- Street Number:
- 720
- Building Name:
- CORAL BAY SEC B
- Longitude:
- W81° 43' 57''
- Latitude:
- N25° 39' 8.7''
- BuildingAreaUnits:
- Square Feet
- CommunityFeatures:
- Gated Community, Voluntary Hoa
- CurrentUse:
- Residential,Other Usage
- DevelopmentStatus:
- Recorded Plat
- DocumentsAvailable:
- Plans Available,Survey Available
- FrontageLength:
- 250
- LivingAreaUnits:
- Square Feet
- LotFeatures:
- Other, City Location, Other Soil Type, 1/2 To Less Than 3/4 Acre Lot
- LotSizeArea:
- 0.735
- LotSizeSquareFeet:
- 32,025 Sqft
- LotSizeUnits:
- Square Feet
- MapCoordinate:
- -80.2674966,25.6524208
- MlsStatus:
- Active
- OriginalListPrice:
- $19,800,000
- StructureType:
- Residential
- PhotosChangeTimestamp:
- 05/05/2026 16:13:12
- Listing ID:
- A12013324
- Visits:
- 26 in 68 days
