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Case files · 1 November 2026
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Josh Stein, Miami real estate associateJosh Stein

House · Coral Gables

$19,800,000 $22,500,000

720 Lugo Avenue, Coral Gables, FL

  • Beds5
  • Baths5
  • Sq ft3,968
  • Price per sq ft$4,990
  • TypeHouse
  • StatusFor sale
Listing courtesy of Coldwell Banker Realty

About this home

“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. 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.

Area
Coral Gables
MLS #
A11953949
Listing agent
Jill H Eber
Living area (m²)
369 m²
Price per m²
$53,712
Property tax (per year)
$68,572 (2025)
Year built
1972
Floors in the building
1
Parking
Garage: 1
Pets
Allowed
Furnished
Unfurnished
Waterfront
Yes
Private pool
Yes
Flooring
Tile, Wood
View
Bay, Ocean, Pool
Listed
February 4, 2026
Days on market
270
Previous price
$22,500,000

Interior features

  • Wet Bar
  • Built In Features
  • Bedroom On Main Level
  • Breakfast Area
  • Bathtub
  • Dining Area
  • Separate Formal Dining Room
  • Dual Sinks
  • Entrance Foyer
  • Custom Mirrors
  • Main Level Primary
  • Soaking Tub
  • Separate Shower
  • Walk In Closets

Exterior features

  • Lighting

Building amenities

  • Gated

Parking features

  • Driveway

Appliances

  • Dryer
  • Dishwasher
  • Disposal
  • Gas Range
  • Microwave
  • Oven
  • Refrigerator
  • Washer

Price and status history

  1. Listed for $22,500,000
  2. Price dropped from $22,500,000 to $19,800,000 (12.0%)

From the MLS listing date, original price, latest price change and status dates. The feed does not list every change in between.

Location

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Similar homes in Coral Gables

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Recently sold nearby

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Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.

Last updated October 31, 2026, 2:25 am

Planted by IDX Bloom

$19,800,000 Ask about this home
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