CORAL BAY SEC B,Gables by the Sea
650 Lugo Ave, Coral Gables FL 33156
5 beds · 5.5 baths · 9,287 ft²
5
Bedrooms
5.5
Bathrooms
9,287
Sq. Ft.
2002
Year Built
2
Garage
56
Days on Market
Description
Stunning one-of-a-kind bayfront estate in the best location in the gated community of Gables By The Sea. Opportunity to purchase a unique open-bay home with 360 degrees of water views. The house is being sold AS Is with approved plans with the city of Coral Gables for a complete renovation. Perfect for a developer, investor, and waterfront lover to finish this incredible masterpiece. Permits for a new seawall and dock are almost ready!
Facts
- MLS#
- A11271594
- Subdivision
- CORAL BAY SEC B,Gables by the Sea
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 17,250 ft²
- Sq. Ft.
- 9,287 ft²
- Sq. Mt.
- 863 m²
- Price per sq. ft.
- $1,389/ft²
- Price per sq. mt.
- $14,948/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 56 days
- Listed
- Aug 31, 2022
- Last Updated
- Nov 17, 2022
- Price/Lot Sq.Ft.
- $748/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$13,900,000
5 bd · 5 ba · 5,081 sqft
650 Leucadendra Dr, Coral Gables FL 33156
SOLD$10,980,000
5 bd · 6 ba · 5,374 sqft
10920 Lakeside Dr, Coral Gables FL 33156
$14,850,000
5 bd · 5 ba · 4,928 sqft
750 Lugo Ave, Coral Gables FL 33156
SOLD$14,900,000
5 bd · 7 ba · 9,266 sqft
10201 Sabal Palm Ave, Coral Gables FL 33156
$12,795,000
6 bd · 6 ba · 4,085 sqft
435 Marquesa Dr, Coral Gables FL 33156
SOLD$11,495,000
5 bd · 8 ba · 10,178 sqft
9505 SW 63rd Ct, Pinecrest FL 33156
$12,500,000
6 bd · 6 ba · 6,398 sqft
6255 SW 133rd St, Pinecrest FL 33156
$10,950,000
5 bd · 6 ba · 5,317 sqft
4901 Hammock Park Dr, Coral Gables FL 33156
Market insights for Coral Gables
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
August 2026
35
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 11/17/2022 | Sold | $12,900,000 |
| 10/22/2022 | Price change | $12,900,000-13.4% |
| 8/31/2022 | Listed for sale | $14,900,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$79,559/mo
Principal & Interest
$68,659
Property Tax
$10,750
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
Similar listings nearby
More homes in Coral Gables around $12,900,000.
60 Edgewater Dr # A, Coral Gables FL 33133
9490 Old Cutler Ln, Coral Gables FL 33156
7150 W Lago Dr, Coral Gables FL 33143
431 Costanera Rd, Coral Gables FL 33143
545 San Antonio Ave, Coral Gables FL 33146
9501 Kerwood Ct, Coral Gables FL 33156