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

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: 8/26/2026

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

Room Information

Room Name
Laundry

Listing Office: Coldwell Banker Realty

Last Updated: August - 26 - 2026

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