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720 Lugo Ave, Coral Gables FL 33156

House For Sale
$19,800,000

BTC: 314.28571429

ETH: 11,340.20618557

-$3M (2026/05/04)
120 days
Waterfront
5 bds
5 ba
3,968 sqft

Overview

“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.

Location

Details

Type:
Residential
Parking:
Driveway / Other
Year Built:
1972
Lot:
32025 Square Feet
Heating:
Central / Electric
Price/sqft:
$4,990
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,975,000
$1.2M – $11.7M
Confidence Low
List vs. estimate
$17.8M above estimate
List $19,800,000 · +902.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$4,989
+317.0% vs. city median $1,196
Based on
7 MLS comparables
+ 2 public-records sales within 0.5 mi
Median actual sale: $5.7M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$68,572
2025
Pool
Above Ground
View
Bay, Ocean
Waterfront
Ocean Access, Ocean Front
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Other

    • Tile

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Other Equipment/Appliances

    • Gas Range

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Custom Mirrors

    • Entrance Foyer

    • Skylight

    • Walk-In Closet(s)

    • Wet Bar

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 5

  • Parking

    • Driveway

    • Other

    Property

    • Exterior Features: Lighting / Other

    Lot

    • Lot: 32025 Square Feet

    Other Property Information

    • Parcel Number: 03-51-18-006-0320

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $68,572

  • Source details

    • MLS ID: A11953949

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot / Irregular Lot

    • Pool Features: Above Ground

    • Window Features: Skylight

    • Direction Faces: North

    • Architectural Style: Attached / One Story

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 3968

    • Water Source: Municipal Water

    • Subdivision Name: CORAL BAY SEC B

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty