720 Lugo Ave

720 Lugo Ave Coral Gables 33156
5 bedrooms | 5 bathroom | 0 half bath | 3,968 sqft

$22,500,000

Property Details

MLS #
A11953949
Unit #
Address
720 LUGO AVE  map  
Bedrooms
5
Bathrooms
5
Living Area (f2)
3,968
Living Area (M2)
369
Lot Size (f2)
32,025
Year Built
1972
Waterfront
Yes
Status
Active
Listing Type
Single Family
Maintenance Fee
$0
Complex
CORAL BAY SEC B
Days On Market
1
Pool
Yes
Pets Allowed
N/A
Parking Spaces
1

Magic City Realtors

Broker
Magic City Realtors

 305-570-4898 

Inquire About this Property

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Property Description

“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.

Property Amenities

Equipment

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Other Equipment/Appliances
  • Gas Range
  • Refrigerator
  • Wall Oven
  • Washer

Interior Features

  • First Floor Entry
  • Built-in Features
  • Custom Mirrors
  • Entrance Foyer
  • Skylight
  • Walk-In Closet(s)
  • Wet Bar
  • Utility Room/Laundry

Exterior Features

  • Lighting
  • Other

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1130 Lugo Ave $5,500,000 4/3

Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
01/20/2026 $640,000 $649,900 4 3
01/12/2026 $550,000 $550,000 3 2
01/06/2026 $700,000 $700,000 4 2
12/23/2025 $1,609,000 $1,560,000 3 2
12/18/2025 $585,000 $599,000 3 2
12/17/2025 $445,000 $459,999 4 2
12/17/2025 $3,350,000 $3,900,000 4 3
12/08/2025 $1,885,000 $2,000,000 3 3
11/14/2025 $420,000 $399,000 3 2
11/14/2025 $599,950 $599,950 4 2
10/24/2025 $865,650 $895,000 4 2
10/20/2025 $4,451,078 $6,450,000 6 5
10/17/2025 $409,000 $415,000 3 2
09/24/2025 $535,000 $548,000 4 2
09/19/2025 $577,500 $610,000 3 2
09/09/2025 $610,000 $629,900 4 2
08/29/2025 $730,000 $760,000 4 2
08/29/2025 $555,000 $555,000 3 2
08/21/2025 $561,500 $570,000 3 2
08/21/2025 $499,600 $520,000 3 2

http://www.magiccityrealtors.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by Coldwell Banker Realty