720 Lugo Avenue, Coral Gables, FL 33156

$19,800,000
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

IDX
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.

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