FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$19,800,00030 days on marketActive

720 Lugo Avenue, Coral Gables, FL 33156

Coral Gables, FL 33156
0
Sq Ft
0.74 acres
Lot Size

Listing Snapshot

List Price$19,800,000
Beds0
Baths0
Living Area0 sqft
Lot Size0.74 acres
Property Tax$68,572/yr
MLS #1159469975
StatusActive
Days on Market30

About This Home

"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.

General Features

Property Type
Land
Sub-type
UnimprovedLand
Direction Faces
North
Zoning
0100
Utilities
CableAvailable,ElectricityAvailable,Other,SewerAvailable,WaterAvailable
Subdivision
CORAL BAY SEC B

Interior Features

Exterior Features

Lot Features
CityLot,Other
View
Bay,Ocean
Waterfront
Yes
Waterfront Features
Bayfront,OceanFront

Community Features

MLS Area
2510

Schools

ElementaryPinecrest
MiddlePalmetto
HighMiami Palmetto

Map

Virtual Tour

View Virtual Tour
Listed by Jill Eber · Coldwell Banker Realty
MLS# 1159469975 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $15,840,000

%
Est. Monthly$113,771
Principal & Interest$108,057
Property Tax$5,714

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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