$19,800,000
5 bd · 5 ba · 3,968 sq ft · Single Family Residence
720 Lugo Ave, Coral Gables FL 33156
For Sale · Active listing
Est. payment $108,810/mo · Mortgage calculator
Listed by Coldwell Banker Realty / Jill Eber
Contact: 305-915-2556 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
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.
Facts
- MLS #
- A11953949
- Subdivision
- CORAL BAY SEC B
- Property type
- Residential
- Property subtype
- Single Family Residence
- Sq. ft.
- 3,968
- Price per sq. ft.
- $4,990 / sq ft
- Year built
- 1972
- Days on market
- 219
- County
- Miami-Dade County
- Date listed
- Feb 4, 2026
- Last updated
- Sep 11, 2026
Financial considerations
- Taxes
- $68,572 (2025)
Exterior features
- Waterfront
- Yes
- View
- Bay, Ocean, Direct Ocean, Pool
- Construction
- CBS Construction
- Roof
- Concrete
- Additional features
- Lighting, Other
Interior features
- Furnished
- Unfurnished
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
- Window features
- Skylight
- Additional features
- First Floor Entry, Built-in Features, Custom Mirrors, Entrance Foyer, Skylight, Walk-In Closet(s), Wet Bar, Utility Room/Laundry
Additional features
- Pets allowed
- Yes
- Community
- Gated Community, Public Road, Voluntary Hoa
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
282 homes and condos are listed for sale in Coral Gables, at a median list price of $1,937,500 and $939 per sq ft. This home asks $4,990 per sq ft.
Source: Southeast Florida MLS (SEFMLS). Last updated Sep 11, 2026, 1:23 PM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided 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.