$19,800,000

720 Lugo Ave, Coral Gables FL 33156

269 days on marketPrice reduced $2,700,000 on May 4, 2026

Bedrooms
5
Bathrooms
5
Living area
3,968 sqft
Price per sqft
$4,990
Type
Single Family Residence
Year built
1972
Taxes
$68,572/yr
Waterfront
Yes
MLS #
A11953949

About this home

“My Paradise” earns its name! This 5BR/5BA double-waterfront 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.

Estimated subtotal

$5,714/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2025 annual tax, shown monthly
$5,714
HOANot in the MLS record
Not included

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

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The neighborhood

Coral Gables, 33156

Listing courtesy of Coldwell Banker Realty

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

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