720 Lugo Avenue, Coral Gables, FL 33156
- $19,800,000
- List Price
- $19,800,000
- Days on Market
- 83
- MLS#
- A12013324
- Lot Size
- 32,025
- Subtype
- Unimproved Land
- County
- Miami-Dade
- Subdivision
- Coral Bay Sec B
Property 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.
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Additional Information
- Hoa
- Yes
- Taxes
- $68,572
- Utilities
- Cable Available, Electricity Available, Other, Sewer Available, Water Available
- View
- Bay, Ocean
- Waterfront
- Bayfront, Ocean Front
- Acres
- 0.74
- Elementary School
- Pinecrest
- Middle School
- Palmetto
- High School
- Miami Palmetto
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Listing courtesy of Coldwell Banker Realty. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Jill H Eber | Email: jille@jillszeder.com