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 in a gated community, this trophy property showcases dramatic open water views from all rooms. Enjoy the sensation of living on your own private island in the middle of Biscayne Bay. Destined to be a storehouse of value for years to come. Fully remodeled in 2024 w/ elevator. Ensuite bathrooms throughout. 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/Seller financing available for up to 40% at 7% interest, w/ terms up to 36 months. Minutes to Signature FBO. No bridges to bay.
Property Details
Price:
$36,000,000
MLS #:
A11742039
Status:
Active
Beds:
8
Baths:
7
Address:
650 Lugo Avenue
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
CORAL BAY SEC B,Gables by the Sea
Neighborhood:
Coral Bay Sec B
City:
Coral Gables
Listed Date:
Feb 12, 2025
State:
FL
Finished Sq Ft:
11,744
Total Sq Ft:
11,744
ZIP:
33156
Year Built:
2002
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
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Schools
Elementary School:
Pinecrest
Middle School:
Palmetto
Interior
Bathrooms
7 Full Bathrooms
Cooling
Zoned
Flooring
Marble
Heating
Other
Laundry Features
Utility Room/ Laundry, Washer/ Dryer Hook- Up
Exterior
Architectural Style
Attached, Two Story
Community Features
Boating
Construction Materials
C B S Construction
Exterior Features
Fruit Trees, Open Balcony
Parking Features
Covered, Driveway
Roof
Barrel Roof
Financial
HOA Fee
$200
HOA Frequency
Annually
Tax Year
2024
Taxes
$167,711
Map
Community
- Address650 Lugo Avenue Coral Gables FL
- SubdivisionCORAL BAY SEC B,Gables by the Sea
- CityCoral Gables
- CountyMiami-Dade County
- Zip Code33156
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650 Lugo Avenue
Coral Gables, FL
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