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Virtual Tour
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$19,800,000

For Sale

3 months ago

720 Lugo Ave, Coral Gables, FL

House

MLS® A12013324

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage 
Taxes $68,572
Days Active 87
Lot Size 0.74 Acres
Approx. Age 
MLS® Number A12013324

Property Address: 720 Lugo Ave, Coral Gables, FL, 33156-6320

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA12013324
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$19,800,000List Price
-End Date
Not Sold YetSold Price

For Sale

Feb 4, 2026List Date
$19,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
720 Lugo Ave, Coral Gables, FL

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