CORAL BAY SEC C
1500 Lugo Ave, Coral Gables FL 33156
4 beds · 3 baths · 2,512 ft²
$2,350,000
Est. Payment $12,508/mo
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
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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
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).
| 3/13/2026 | Listed 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
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Growing Treasures Learning Center #2PK,KG,1,2,3,4,5,6 · private · 0.2 mi
Ben Sheppard Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.2 mi
Snow White & The Seven Dwarfs SchoolPK,KG,1,2,3,4,5,6 · private · 0.3 mi
Jose Marti Mast 6-12 Academy6,7,8,9,10,11,12 · public · 0.4 mi
Mater Palms AcademyKG,1,2,3,4,5,6,7,8 · charter · 0.7 mi
Mater Academy Charter High9,10,11,12 · charter · 0.7 mi
Mater Academy Charter Middle6,7,8 · charter · 0.7 mi
Mater Performing Arts & Entertainment Academy9,10,11,12 · charter · 0.7 mi
Paradise Christian SchoolPK,KG · private · 0.7 mi
Shalom Christian School & Art CenterPK,KG,1,2,3,4,5 · private · 0.7 mi
Estimated Monthly Payment
$14,616/mo
Principal & Interest
$12,508
Property Tax
$1,958
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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