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

Est. Payment $128/mo

MLS Sheet Video

6

Bedrooms

6.5

Bathrooms

3,085

Sq. Ft.

1972

Year Built

2

Garage

1

Stories

275

Days on Market

Description

Tropical modern 6BD 6.1BA furnished short term direct ocean access luxury rental in Gables by the Sea. 1-story updated open, spacious floor plan w/3085sf liv area on 11,500 sf waterfront lot. Travertine & tile floors, full impact glass, saline beach entry pool & covered patio. Fully equipped chef's kitchen w/top appliances. Contemporary coastal living w/private dock, 1min to Biscayne Bay w/no bridges. Gables by the Sea is a guard-gated, family-friendly community: wonderful park, top tier 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 for 6mths or less.

Facts

MLS#
A11528180
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
275 days
Listed
Feb 6, 2024
Last Updated
Nov 15, 2024
Price/Lot Sq.Ft.
$2/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

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).

11/15/2024Sold$24,000
2/6/2024Listed for sale$24,000

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.

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.

$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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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