720 Lugo Avenue, Coral Gables, FL

$19,800,000

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0.735

Acres

About 720 Lugo Avenue

"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.

Features of 720 Lugo Avenue

MLS® # A12013324
USD $19,800,000
CAD $27,717,030
CNY 元132,652,080
EUR €17,248,889
GBP £14,788,818
RUB ₽1,664,865,180
Acres 0.74
Type Land
Sub-Type Unimproved Land
Status Active
HOPA No Hopa

Community Information

Address 720 Lugo Avenue
Area 2510
Subdivision CORAL BAY SEC B
City Coral Gables
County Miami-Dade
State FL
Zip Code 33156

Amenities

Utilities Cable Available, Electricity Available, Other, Sewer Available, Water Available
View Bay, Ocean
Is Waterfront Yes
Waterfront Bayfront, Ocean Front
Boat Services Private Dock
Guest House No

Exterior

Lot Description Irregular Lot, Other, Oversized Lot
Front Exposure North

School Information

Elementary Pinecrest
Middle Palmetto
High Miami Palmetto

Additional Information

Date Listed May 5th, 2026
Days on Market 138
Zoning 0100
Foreclosure No
Short Sale No
RE / Bank Owned No
Parcel ID 0351180060320

Listing Details

OfficeColdwell Banker Realty
Emailjille@jillszeder.com

Listing Map

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