Active

650 Lugo Avenue

Coral Gables FL, 33156

$36,000,000


$3,876.39 per sqft

Active

8 Beds

7 Baths

9,287 sqft

Residential

Built in 2002

The ONLY waterfront home in Miami-Dade County that offers 300-degree Bayfront views. Nestled at the end of a secluded peninsula in Coral Gables, this trophy property showcases dramatic open water views from every room. Enjoy the sensation of living on your own private island in the middle of Biscayne Bay. Words can not express the imagery you will experience living in this home. Destined to be a storehouse of value for years to come. Fully remodeled in 2024 w/ elevator. Elevated for storm protection. Dramatic 25-foot high ceilings. Rare opportunity to acquire a generational waterfront estate. (New seawall will be completed by May 2025-see permit attached-over 150 ft on water). Owner financing available for up to 40% at 7% interest, w/ terms up to 36 months. Minutes to Signature FBO.

A11742039

MLS ID

February 12, 2025

Listed

February 20, 2025

Updated

Interior Features

Bedrooms

8


Total Bathrooms

7


Full Bathrooms

7


Interior Features

First Floor Entry, Second Floor Entry, Den/Library/Office, Family Room, Recreation Room, Utility Room/Laundry


Laundry Description

Utility Room/Laundry, Washer/Dryer Hook-Up


Floor Description

Marble


Fireplace

No


Cooling

Yes


Cooling Description

Zoned


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.4 Acres


Exterior Features

Fruit Trees, Open Balcony


Lot Features

1/4 To Less Than 1/2 Acre Lot


Architectural Style

Attached, Two Story


Roof

Barrel Roof


Sewer

Public Sewer


Patio And Porch

Open Balcony, Open Porch, Patio

School Information

Elementary School

Pinecrest

Other Property Details

Area Name

Coral Bay Sec B


Taxes

$167,711


Tax Frequency

Annually


Days on Market

6


Association Fee

$200


Association Fee Frequency

Yearly


Garage

Yes


Garage Spaces

2


Parking

Covered, Driveway


View

Yes


View Description

Bay, Ocean


County

Miami-Dade County


Water Source

Municipal Water


Pool

Yes


Pool Features

Concrete


Waterfront

Yes


Waterfront Features

Ocean Access, Point Lot, Seawall


Zoning

0100

Listed by:  Keller Williams Capital Realty
Listing Contact: 786-326-8115 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 7:28 PM UTC, 2/20/2025.

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