720 Lugo Ave Coral Gables, FL 33156

Listing Courtesy of: MIAMI / Listed By: Jill Eber, Coldwell Banker Realty; Judy Zeder, Coral Gables - Contact: 305-915-2556

720 Lugo Ave Coral Gables, FL 33156

Active (85 Days)

$19,800,000 ^(USD)

0.74

ACRES

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Description

My Paradise” lives up to its name. Set on a remarkable 32,025 SF lot with 250 feet of unobstructed, pristine waterfront views on both sides, this exceptional property presents a rare opportunity to create a world-class estate with unparalleled redevelopment flexibility, privacy, and natural beauty. Capturing breathtaking sunrise-to-sunset views across Biscayne Bay, Downtown Miami, Miami Beach, and Key Biscayne, it is privately positioned at the end of Lugo Avenue. The resort-style grounds feature lush tropical landscaping, wooden and coral stone walkways, a gazebo, sandy beach, summer kitchen, and tranquil fountains. An elevated pool deck with glass railings frames sweeping bay and island vistas. A true yachtsman’s retreat, the property includes a 66-foot dock with boat lift, a spacious boathouse, and plans in progress to extend to 100 feet. Ideally located just minutes from Coconut Grove, Downtown Miami, Miami Beach, and Miami International Airport, and close to fine dining, premier shopping, cultural and sporting venues, and top-rated schools. This offering represents an extraordinary opportunity to develop a landmark waterfront estate in one of Miami’s most coveted locations.

MLS #:
A12013324

Taxes
$68,572(2025)

Lot Size
0.74 acres

Type
Land

Views
Bay, Ocean

County
Miami-Dade County

Community
Coral Bay Sec B

Listed By

Jill Eber, Coldwell Banker Realty, Contact: 305-915-2556
Judy Zeder, Coldwell Banker Realty

Source
MIAMI
Last checked Jul 29 2026 at 8:47 PM EDT

Bathroom Details

Subdivision

Coral Bay Sec B

Utility Information

Utilities: Electricity Available, Water Available, Cable Available, Sewer Available, Other, Water Source: Public
Sewer: Public Sewer

Additional Information: Miami Beach Lincoln Building | 305-915-2556

Location

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Disclaimer: Copyright 2026 Miami Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/29/26 13:47

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Coldwell Banker Realty 4000 Ponce de Leon Blvd, Suite 700, Coral Gables, FL 33146 O: +1(305) 975-5082

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4000 Ponce De Leon Blvd, Ste 700
Coral Gables, FL 33146
Cell Phone: (305) 975-5082

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