Single Family Residence

720 Lugo Ave

Coral Gables, FL 33156

$19,800,000

Beds: 5
Baths: 5
Sq ft: 3,968
Year built: 1972
Price per sq ft: $4,990

Listing courtesy of Jill Eber, Coldwell Banker Realty

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.

Details

Property

Type: Single Family Residence
Style: Attached, One Story
Building: WF/Pool/Ocean Access
Year built: 1972
Lot size: 32,025 sq ft
Building name: CORAL BAY SEC B
Subdivision: CORAL BAY SEC B
County: Miami-Dade County
Faces: North
View: Bay, Ocean, Direct Ocean, Pool
Waterfront: Ocean Access, Ocean Front
Flood zone: VE

Interior

Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
Flooring: Tile, Wood
Cooling: Central Air, Electric
Heating: Central, Electric
Laundry: Utility Room/Laundry
Features: First Floor Entry, Built-in Features, Custom Mirrors, Entrance Foyer, Skylight, Walk-In Closet(s), Wet Bar, Utility Room/Laundry
Furnished: Unfurnished

Exterior and parking

Exterior: Lighting
Pool: Above Ground
Parking: Driveway
Garage spaces: 1
Construction: CBS Construction
Roof: Concrete

Community and fees

Pets: Yes
Annual taxes: $68,572
Terms: All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 11, 2026.