PK-5 Grades
- Elementary
Pinecrest Elementary ↗
Attendance zone Elementary
Distance 2.0 mi
Reading the listing
ACTIVE
CORAL BAY SEC B · · MLS A11953949
720 Lugo Ave
Asking price$19,800,000
AS OF OCT 30, 2026 · MLS
- Bedrooms
- 5
- Bathrooms
- 5
- Living area
- 3,968 SF
- Price per SF $4,990/SF
- Lot · 0.74 AC
- 32,025 SF
- Year built
- 1972
What's special
- Oceanfront
- Ocean access
- Direct ocean view
- Gated community
Listed by Coldwell Banker Realty · 305-915-2556
Description
“My Paradise” earns its name! This 5BR/5BA double-waterfront estate sits on a 32,025 SF lot with 250’ of unobstructed pristine waterfront views on both sides, capturing mesmerizing sunrise-to-sunset across Biscayne Bay, Downtown, Miami Beach & Key Biscayne. Privately positioned at Lugo Avenue’s dead end, resort-style grounds feature lush landscaping, wooden & coral walkways, gazebo, sand beach, summer kitchen & serene fountains.
Continue reading
Elevated pool deck w/glass railings frame sweeping bay & island vistas. Spacious open living room w/pitched wood-beam ceilings, skylights, formal dining, kitchen w/Bosch & Sub-Zero appliances. Principal suite offers amazing bayside views & spa bath. A yachtsman’s dream includes 66’ dock w/lift, boathouse & plans in progress to extend to 100’. Minutes to dining, shops, & top schools.
Video
It plays on this page, from Vimeo, once you start it.
Property information
The propertyAs the MLS records it
- Property type
- Single Family Residence
- Year built
- 1972
- Lot size
- 32,025 SF · 0.74 AC
- Garage spaces
- 1
Size and layout
- Living area
- 3,968 SF
- Bedrooms
- 5
- Bathrooms
- 5
Home and lot
- Subdivision
- CORAL BAY SEC B
- Waterfront
- Yes
Payment calculator
Estimated monthly payment
$113,664 per month
30-year fixed, 7.24% interest
- Principal and interest
- $107,949
- Property taxes
- $5,714
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.24% for the week of October 29, 2026. Source: Freddie Mac, Primary Mortgage Market Survey ↗
For illustration only: an estimate, not a loan offer or a quote. The tax is the last annual bill the MLS records for this property; in Florida a property is reassessed when it is sold, so a buyer's tax will differ. Insurance is not estimated: it is included only when you enter your own quote. The rate is a national weekly average, not the rate a lender will offer you: change it to the one you are quoted.
REQUEST A TOUR
See 720 Lugo Ave in person.
Showings of 720 Lugo Ave, Coral Gables, FL 33156 are by appointment. Send the request here, call or write on WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day to confirm a day and a time.
How to request a showing
Send the request
Use the form on this page, call +1 (786) 473-2565 or write on WhatsApp.
Say when
Name the days and the times that suit you. A second option helps.
Julian confirms
He answers within one business day and confirms the day and the time with you.
The listing and who shows it
- Address
- 720 Lugo Ave, Coral Gables, FL 33156
- MLS number
- A11953949
- Listed by
- Coldwell Banker Realty
- Showings
- Julian Acosta, real estate advisor with Compass
- Reach him
- +1 (786) 473-2565 · WhatsApp ↗ · Text message · E-mail
No lists, no obligation.
Gables by the Sea market snapshot
Homes in Gables by the Sea · Closed sales of the last twelve monthsAs of OCT 31, 2026
- Closed sales
- 14
- Since OCT 31, 2025
- Median sale price
- $3,375,000
- Half closed for more, half for less
- Median price per SF
- $1,096
- Of the sales that state a living area
The market's sales, not sales by Julian Acosta
| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $500 | 26 |
| 2021 | $636 | 35 |
| 2022 | $1,098 | 14 |
| 2023 | $796 | 12 |
| 2024 | $1,193 |
Schools
Zoned public schools · Miami-Dade County Public Schools
6-8 Grades
- Middle
Palmetto Middle ↗
Attendance zone Middle
Distance 2.8 mi
9-12 Grades
- Senior high
Miami Palmetto Senior High ↗
Attendance zone Senior high
Distance 3.1 mi
Elementary · PK–5Middle · 6–8Senior high · 9–12 Color marks the grades a school serves, never a rating.
◆ SOURCE · MIAMI-DADE COUNTY GIS · ATTENDANCE BOUNDARIES EDITED SEP 21, 2026
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ABOUT THIS LISTING
Where this listing's information comes from.
◆ MIAMI REALTORS® · SOUTHEAST FLORIDA MLS◆ UPDATED OCT 30, 2026◆ MLS A11953949
The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by Coldwell Banker Realty. Julian Acosta is a real estate advisor with Compass.
Compass Coral Gables · 1515 Sunset Dr, Suite 40, Coral Gables, FL 33143 · julian.acosta@compass.com · +1 (786) 473-2565
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.
