CORAL BAY SEC B

870 Lugo Ave, Coral Gables FL 33156

5 beds · 4 baths · 4,155 ft²

Closed

$22,000

12.00%

Est. Payment $117/mo

MLS Sheet Video

5

Bedrooms

4

Bathrooms

4,155

Sq. Ft.

2009

Year Built

2

Garage

188

Days on Market

Description

This exquisite 2 story waterfront mansion boasts five bedrooms and four bathrooms. Its grand entrance featuring beautiful staircases in the sun kissed foyer. The open-concept gourmet kitchen seamlessly blends into the living space. Towering, coffered ceilings adorned with elegant pillars add a touch of grandeur to the ambiance. The spacious master bedroom offers a luxurious retreat, complemented by an opulent bathroom featuring a jacuzzi and direct views of the bay. The property also includes a captivating wraparound pool. Positioned with water on both sides and offering direct ocean access without the hindrance of bridges to the bay, it provides over 100 feet of waterfront, complete with a convenient boat lift and dock. In a gated community still close to everything for convenience.

Facts

MLS#
A11513540
Subdivision
CORAL BAY SEC B
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.
$5/ft²
Price per sq. mt.
$57/m²
Stories
Garage
2 spaces
Pool
Private
Days on Market
188 days
Listed
Jan 12, 2024
Last Updated
Aug 1, 2024
Price/Lot Sq.Ft.
$2/ft²

Comparable homes

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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

45

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).

8/1/2024Sold$22,000
6/26/2024Price change$22,000-12.0%
1/12/2024Listed for sale$25,000

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.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

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

$73,333

gross income / month to qualify

Monthly rent$22,000
Required annual income$880,000
Security deposit (est.)$22,000
Move-in cost (1st + last + security)$66,000

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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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