CORAL BAY SEC B,Gables by the Sea

1036 Lugo Ave, Coral Gables FL 33156

6 beds · 6.5 baths · 3,085 ft²

Closed

$24,000

17.24%

Est. Payment $128/mo

MLS Sheet Video

Bedrooms

6.5

Bathrooms

3,085

Sq. Ft.

1972

Year Built

Garage

Stories

272

Days on Market

Description

Tropical modern 6BD 6.1BA furnished short term waterfront luxury rental in Gables by the Sea. Single story updated open, spacious floor plan w/3085 SF liv area on 11,500 sf waterfront lot. Travertine & tile floors, impact windows/doors, beach entry pool & covered patio. Fully equipped chef's kitchen w/top appliances. Contemporary coastal living w/private dock on 100' seawall, 1min to Biscayne Bay w/NO bridges. Gables by the Sea is a guard-gated, family-friendly community with a wonderful park, A+ public schools, top-rated private schools, 20 mph closed-end, low traffic pedestrian-friendly streets. The City of Coral Gables, an Int'l Sister City boasts significant landmarks, 1st class services, parks, restaurants, shops & theaters. Cosmopolitan vibe within a safe community setting. Avail 9/1

Facts

MLS#: A11365093
Subdivision: CORAL BAY SEC B,Gables by the Sea
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 1972
Lot Size: 11,500 ft²
Sq. Ft.: 3,085 ft²
Sq. Mt.: 287 m²
Price per sq. ft.: $8/ft²
Price per sq. mt.: $84/m²
Stories: 1
Garage: 2 spaces
Pool: —
Days on Market: 272 days
Listed: Mar 31, 2023
Last Updated: Jan 3, 2024
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).

1/3/2024	Sold	$24,000
4/24/2023	Price change	$24,000-17.2%
3/31/2023	Listed for sale	$29,000

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

Location

1036 Lugo Ave, Coral Gables FL 33156Directions

GreatSchools Summary Ratings

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

Lincoln Marti Child Care Center-3rd St
PK,KG · private · 0.3 mi
Kids Small World Learning Center
PK,KG,1,2,3,4,5 · private · 0.4 mi
Calvary Baptist Church School
PK,KG,1 · private · 0.4 mi
Sports Leadership And Management (Slam) Charter Middle School
6,7,8 · charter · 0.4 mi
Sports Leadership Of Miami Charter High School
9,10,11,12 · charter · 0.4 mi
Mater Preparatory Academy
KG,1,2,3,4,5,6,7,8 · charter · 0.5 mi
Young Womens Preparatory Academy
6,7,8,9,10,11,12 · public · 0.5 mi
Alpha Charter Of Excellence
KG,1,2,3,4,5 · charter · 0.5 mi
Riverside Elementary Community School
PK,KG,1,2,3,4,5 · public · 0.5 mi
Lincoln-Marti Community Agency 10
PK,KG,1,2,3,4,5,6,7,8 · private · 0.6 mi

Affordability

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

$80,000

gross income / month to qualify

Monthly rent$24,000

Required annual income$960,000

Security deposit (est.)$24,000

Move-in cost (1st + last + security)$72,000

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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