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720 Lugo Ave

Coral Gables, FL

Listing Details

  • $19,800,000
  • MLS# A12013324
  • Type Land - Residential
  • Status Active
  • 0.735 acres
    Lot Size

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... Read more with glass railings frames sweeping bay and island vistas. A true yachtsmans 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 Miamis most coveted locations.

Key Features

  • Gated Community
  • Voluntary Hoa
View All Features
720 Lugo Ave
Coral Gables, FL 33156
Subdivision
CORAL BAY SEC B
County
Miami-Dade

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Land - Residential
  • Community Features: Gated Community, Voluntary Hoa
  • Crops Included Y/N: No
  • Days on Site: 8
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional
  • Lot Description: City Location, Other Soil Type,1/2 To Less Than 3/4 Acre Lot, Other
  • Lot Size: 0.73 Acres
  • Parcel#: 03-51-18-006-0320
  • Property Attached Y/N: No
  • Property Sub-Type: Residential
  • Sewer: Public Sewer
  • Special View Info: Bay View, Ocean View
  • Taxes: $68,572
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Other, Sewer Available, Water Available
  • Water: Municipal Water
  • Water Features: Ocean Front