720 Lugo Ave, Coral Gables, FL 33156

About This Home

"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.

Building & Association

Building Name

CORAL BAY SEC B

Association

No

Lot & Construction

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

View

Bay View, Ocean View

New Construction

No

Public Records

Parcel Number

03-51-18-006-0320

Tax Annual Amount

$68,572

Tax Year

2,025

Zoning

0100

County Or Parish

Miami-Dade County

Location