CORAL BAY SEC C

1500 Lugo Ave, Coral Gables FL 33156

4 beds · 3 baths · 2,512 ft²

For Sale · Active Listing

$2,350,000

Est. Payment $12,508/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

2,512

Sq. Ft.

1972

Year Built

2

Garage

62

Days on Market

Description

Nestled in the gated community of Gables by the Sea, this 4 bd 3 ba canal-front residence offers 100' of freshwater on a 12,300 sf lot with a circular brick driveway, creating a peaceful setting surrounded by lush landscaping & mature palm trees. This light-filled home offers an opportunity to refresh the existing charm of this well-constructed 1972 ranch style beauty. The floor plan includes 2 ensuite baths & generously sized closets. The gracious foyer entry welcomes you to formal living & dining areas & a family room w/direct pool/veranda access. The spacious white kitchen features a convenient pass-through bar opening directly to the pool/veranda & ready for new owner personal touches. Additional highlights include impact glass & custom plantation shutters. A 2-car garage includes a laundry area with washer/dryer & utility sink. Outdoor living is peaceful & inviting, featuring a screened 30x15 pool overlooking the freshwater canal, a veranda w/ceiling fans, & cabana bath for added convenience. The lush yard offers plenty of green space to relax & play while enjoying tranquil waterfront views. The private seawall and dock create the perfect launch point for paddle boarding, kayaking, or canoeing on the freshwater. No ocean access. Ideally located near the area’s finest parks, marinas, and amenities. Residents of the gated community also enjoy a neighborhood park with a playground, gazebo for gatherings, open grass field, and basketball court, all near top-rated schools.

Facts

MLS#
A11975394
Subdivision
CORAL BAY SEC C
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1972
Lot Size
12,300 ft²
Sq. Ft.
2,512 ft²
Sq. Mt.
233 m²
Price per sq. ft.
$936/ft²
Price per sq. mt.
$10,086/m²
Stories
Garage
2 spaces
Pool
Days on Market
62 days
Listed
Mar 13, 2026
Last Updated
May 14, 2026
Price/Lot Sq.Ft.
$191/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

48

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).

3/13/2026Listed for sale$2,350,000

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

Location

1500 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.

Estimated Monthly Payment

$14,616/mo

Principal & Interest

$12,508

Property Tax

$1,958

Insurance

$150

HOA

$0

20% ($470,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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