CORAL BAY SEC B,GABLES BY THE SEA

870 Lugo Ave, Coral Gables FL 33156

4 beds · 4 baths · 4,155 ft²

Closed

$23,900

11.15%

Est. Payment $127/mo

MLS Sheet Video

Bedrooms

Bathrooms

4,155

Sq. Ft.

2009

Year Built

Garage

127

Days on Market

Description

Spectacular waterfront estate in the gated community of Gables By The Sea. Spacious 5b/4b, two story luxury home with state-of-the-art features. Grand foyer entrance with a towering ceiling features a magnificent sweeping staircase. Light filled formal living and dining spaces with water views and gorgeous high coffered ceilings. Gourmet kitchen with custom cabinetry and hi-end appliances overlooks the lovely family room with built-in entertainment center. Lovely office/bedroom with built-in seating surrounding the bay windows and another guestroom completes the first floor. Upstairs is the main bedroom and bath along with two more bedrooms each with private en-suite. Private dock and boatlift with direct access to Biscayne Bay. Home can be rented furnished or unfurnished.

Facts

MLS#: A11274308
Subdivision: CORAL BAY SEC B,GABLES BY THE SEA
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 2009
Lot Size: 11,500 ft²
Sq. Ft.: 4,155 ft²
Sq. Mt.: 386 m²
Price per sq. ft.: $6/ft²
Price per sq. mt.: $62/m²
Stories: —
Garage: 2 spaces
Pool: —
Days on Market: 127 days
Listed: Sep 12, 2022
Last Updated: Feb 3, 2023
Price/Lot Sq.Ft.: $2/ft²

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Market insights for Coral Gables

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

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).

2/3/2023	Sold	$23,900
11/18/2022	Price change	$23,900-11.2%
9/12/2022	Listed for sale	$26,900

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

870 Lugo Ave, Coral Gables FL 33156Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Kla Elementary
KG,1,2,3,4,5 · private · 0.2 mi
Southside Elementary School
PK,KG,1,2,3,4,5,6,7,8 · public · 0.3 mi
KLA Academy
PK,KG,1,2,3,4,5 · private · 0.3 mi
Worlded International School
6,7,8,9,10,11,12 · private · 0.3 mi
Brickell International Academy
PK,KG · private · 0.4 mi
Mater Virtual Academy Charter Middle/High School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · charter · 0.4 mi
International Studies Virtual
6,7,8,9,10,11,12 · charter · 0.4 mi
Colegiate Preparatory Academy
6,7,8,9,10,11,12 · charter · 0.4 mi
Mater Brickell Academy High
9,10,11,12 · charter · 0.4 mi
Mater Brickell Academy Middle
6,7,8 · charter · 0.4 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$79,667

gross income / month to qualify

Monthly rent$23,900

Required annual income$956,000

Security deposit (est.)$23,900

Move-in cost (1st + last + security)$71,700

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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