Brickell Luxury Condos for Sale

For Sale

720 Lugo Ave, Coral Gables, Florida 33156

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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.

Basic Details

“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
Address Map
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''
MLS Addon
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
Land/boat Docks For Sale
Listing ID:
A12013324
Visits:
26 in 68 days
$19,800,000
Agent info
Contact Agent
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