720 Lugo Avenue, Coral Gables, FL 33156

$19,800,000

Virtual Tour

https://vimeo.com/1161882421

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,645 Status: Active

Current Price: $19,800,000 List Date: 2/04/2026 Last Modified: 6/16/2026

Overview

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.

Listing Details MLS# A11953949

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 5
Building Area Main: 4645
Living Area Main: 3968
Adjusted Area Main: 4194
Year Built: 1972
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Lot Size Area: 32025
Lot Size Acres: 0.74
Senior Community YN: No
Waterfront YN: Yes
Water Frontage Feet: 250
Stories Total: Yes
Direction Faces: North
Pool Private YN: Yes
Furnished: Unfurnished

Property Features

Association Amenities: Gated Dining Area: Breakfast Area; Formal Dining Exterior Features: Lighting; Other Flooring: Tile; Wood; Other Parking Features: Driveway Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Oven; Refrigerator; Washer; Other Boat and Dock Features: Private Dock Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Interior Features: Built-in Features; Custom Mirrors; Entrance Foyer; Walk-In Closet(s); Wet Bar Levels: One Listing Terms: Cash; Conventional Lot Features: Irregular Lot Other Equipment: Other Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Above Ground Possession: Negotiable Restrictions: No Restrictions Road Frontage Type: Public Road Roof: Concrete Sewer: Public Sewer Special Information: Property Survey Available Tax Information: City/County Utilities: Cable Available View: Pool Water Access: Ocean Access Water Source: Public Water View: Bay; Direct Ocean; Ocean Waterfront Features: Bayfront; Ocean Front Window Features: Skylight(s) Showing Requirements: Call Listing Agent; Showing Service Room Types: Laundry Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 22500000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 720
Street Name: Lugo
Street Suffix: Avenue
City Name: Coral Gables
Municipal Code: 3
State Or Province: FL
Postal Code: 33156
Postal Code +4: 6320
Postal Zip: 33156
Subdivision Name: CORAL BAY SEC B
Area: 2510
Elementary School: Pinecrest
Middle Or Junior School: Palmetto
High School: Miami Palmetto
Parcel Number: 0351180060320
Subdivision Number: 6
Zoning: 0100
Flood Zone: VE

Financial Information

Association YN: Yes
Association Membership: Voluntary
Membership Fee Required YN: No
Tax Annual Amount: 68572
Tax Year: 2025
Tax Legal Description: CORAL BAY SEC B PB 65-115 LOTS 32 & 33 BLK 3 LOT SIZE 200.000 X 115 OR 11030-2312 0381 2

Status Change Information

Major Change Timestamp: 2026-05-04T22:49:31Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-04T22:49:31Z
Status Change Date: 2026-02-04

More Information

Entry Information

Entry Level: Yes

Boat and Dock Information

Dock: Yes

Price Calculations

Current Price To SqFt: 4989.91

Section Details

Parcel Number MLX: 0320

Originating Details

Originating System Key: 425980005
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Association Amenities

Gated: Yes

Dining Area

Breakfast Area: Yes
Formal Dining: Yes

Exterior Features

Lighting: Yes
Other: Yes

Flooring

Tile: Yes
Wood: Yes
Other: Yes

Parking Features

Driveway: Yes

Property Condition

Resale: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Special Information

Property Survey Available: Yes

Utilities

Cable Available: Yes

View

Pool: Yes

Heating

Central: Yes
Electric: Yes

Water Access

Ocean Access: Yes

Water View

Bay: Yes
Direct Ocean: Yes
Ocean: Yes

Window Features

Skylight(s): Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Gas Range: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes
Other: Yes

Construction Materials

CBS: Yes

Interior Features

Built-in Features: Yes
Custom Mirrors: Yes
Entrance Foyer: Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Irregular Lot: Yes

Other Equipment

Other: Yes

Pool Features

Above Ground: Yes

Road Frontage Type

Public Road: Yes

Roof

Concrete: Yes

Water Source

Public: Yes

Waterfront Features

Bayfront: Yes
Ocean Front: Yes

Boat and Dock Features

Private Dock: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Call Listing Agent: Yes
Showing Service: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes
Dual Sinks: Yes
Master Bdrm - Ground: Yes
Separate Shower: Yes
Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Pool Size Details

Pool Size (WxL): No

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Room Types

Laundry: Yes

Acreage Description

1/2 To Less Than 1 Acre Lot: Yes

Room Information

Room Name
Laundry

Documents

Survey ›

Listing Office: Coldwell Banker Realty

Last Updated: June - 16 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

720 Lugo Avenue, Coral Gables, FL 33156 (MLS# A11953949)