720 Lugo Ave, Coral Gables, FL 33156

Listing Remarks — 720 Lugo Ave, Coral Gables, FL 33156

"My Paradise” lives up to its name. Double waterfront parcels. 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.

Inside the Residence: 720 Lugo Ave, Coral Gables, FL 33156

Pool Private

No

Direction Faces

North

Building & Association Facts — 720 Lugo Ave, Coral Gables, FL 33156

Building Name

CORAL BAY SEC B

Building Area Units

Square Feet

Association

No

Site, Views & Construction — 720 Lugo Ave, Coral Gables, FL 33156

Lot Features

City Location, Other Soil Type, 1/2 To Less Than 3/4 Acre Lot, Irregular Lot, Oversized Lot, Other

Lot Size Square Feet

32,025

Waterfront

Yes

Waterfront Features

Ocean Front

Frontage Length

250

View

Bay View, Ocean View

Sewer

Public Sewer

Water Source

Municipal Water

New Construction

No

Tax & Parcel Record — 720 Lugo Ave, Coral Gables, FL 33156

Parcel Number

03-51-18-006-0320

Tax Annual Amount

$68,572

Tax Year

2,025

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

Zoning

0100

County Or Parish

Miami-Dade County

On the Map