CORAL BAY SEC B
720 Lugo Ave, Coral Gables FL 33156
5 beds · 5 baths · 3,968 ft²
5
Bedrooms
5
Bathrooms
3,968
Sq. Ft.
1972
Year Built
1
Garage
89
Days on Market
Description
“My Paradise” earns its name! This 5BR/5BA estate sits on a 32,025 SF lot with 250’ of unobstructed pristine waterfront views on both sides, capturing mesmerizing sunrise-to-sunset across Biscayne Bay, Downtown, Miami Beach & Key Biscayne. Privately positioned at Lugo Avenue’s dead end, resort-style grounds feature lush landscaping, wooden & coral walkways, gazebo, sand beach, summer kitchen & serene fountains. Elevated pool deck w/glass railings frame sweeping bay & island vistas. Spacious open living room w/pitched wood-beam ceilings, skylights, formal dining, kitchen w/Bosch & Sub-Zero appliances. Principal suite offers amazing bayside views & spa bath. A yachtsman’s dream includes 66’ dock w/lift, boathouse & plans in progress to extend to 100’. Minutes to dining, shops, & top schools.
Facts
- MLS#
- A11953949
- Subdivision
- CORAL BAY SEC B
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 32,025 ft²
- Sq. Ft.
- 3,968 ft²
- Sq. Mt.
- 369 m²
- Price per sq. ft.
- $4,990/ft²
- Price per sq. mt.
- $53,659/m²
- Stories
- —
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 89 days
- Listed
- Feb 4, 2026
- Last Updated
- May 4, 2026
- Price/Lot Sq.Ft.
- $618/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$19,850,000
5 bd · 5 ba · 5,870 sqft
165 Solano Prado, Coral Gables FL 33156
$17,500,000
5 bd · 6 ba · 6,738 sqft
30 Leucadendra Dr, Coral Gables FL 33156
SOLD$19,000,000
4 bd · 5 ba · 5,185 sqft
401 Leucadendra Dr, Coral Gables FL 33156
$21,900,000
4 bd · 6 ba · 4,435 sqft
820 San Pedro Ave, Coral Gables FL 33156
SOLD$22,000,000
6 bd · 7 ba · 8,314 sqft
9550 Journeys End Rd, Coral Gables FL 33156
$16,900,000
6 bd · 7 ba · 6,223 sqft
9000 Arvida 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.
Buyers market
May 2026
30
Median days to sold
-1.2%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/4/2026 | Price change | $19,800,000-12.0% |
| 2/4/2026 | Listed for sale | $22,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Dade Prep AcademyPK,TK,KG,1,2,3,4,5,6,7,8 · private · 0.1 mi
- Ebenezer Christian Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
- Ebenezer Christian Academy II
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
- Ball Of Fire Paradise Day Care
PK,KG · private · 0.3 mi
- Young Men's Preparatory Academy
6,7,8,9,10,11,12 · public · 0.4 mi
- Jose De Diego Middle School
6,7,8 · public · 0.5 mi
- Eneida M. Hartner Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- Design & Architecture Senior High School
9,10,11,12 · public · 0.5 mi
- Mater Academy Middle School Of International Studies
6,7,8,9 · charter · 0.7 mi
- Mater Academy Of International Studies
KG,1,2,3,4,5 · charter · 0.7 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$122,034/mo
Principal & Interest
$105,384
Property Tax
$16,500
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
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