CORAL BAY SEC B

750 Lugo Ave, Coral Gables FL 33156

5 beds · 5 baths · 4,928 ft²

For Sale · Active Listing

$14,850,000

Est. Payment $79,038/mo

MLS Sheet Video

5

Bedrooms

5

Bathrooms

4,928

Sq. Ft.

1988

Year Built

2

Garage

18

Days on Market

Description

Casa Dos Aguas - Rarely available, this extraordinary waterfront residence offers one of South Florida’s most coveted settings on a private peninsula within the exclusive, gated Gables by the Sea community in Coral Gables. It offers breathtaking open water views of Biscayne Bay to both the north and south, with a stunning downtown Miami skyline backdrop. Designed in the spirit of mid-century modern architecture, living areas are elevated on the second floor and additional bedrooms on the third - maximizing the spectacular panoramic bay views enjoyed from virtually every room. A three-story elevator provides effortless access throughout. Boasting 100 linear feet of deep-water frontage with no fixed bridges to Biscayne Bay, the property is a true yachtsman’s dream, capable of accommodating a large yacht with direct, unobstructed access to open water. The roof was redone in 2013 and has all-impact windows and doors. Designed for the South Florida lifestyle, the home features generous balconies to savor the constant bay breeze and sweeping water vistas, while the ground floor offers an expansive covered entertainment area perfect for hosting. The resort-style pool includes an in-pool spa and is heated for year-round enjoyment. Located just three properties in from the bay within one of Coral Gables’ most prestigious gated enclaves, this is a rare opportunity to own a true waterfront trophy property.

Facts

MLS#
A12029654
Subdivision
CORAL BAY SEC B
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1988
Lot Size
11,500 ft²
Sq. Ft.
4,928 ft²
Sq. Mt.
458 m²
Price per sq. ft.
$3,013/ft²
Price per sq. mt.
$32,424/m²
Stories
Garage
2 spaces
Pool
Days on Market
18 days
Listed
Jun 5, 2026
Last Updated
Jun 23, 2026
Price/Lot Sq.Ft.
$1,291/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

July 2026

100/100
Buyers marketSellers market

25

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).

6/5/2026Listed for sale$14,850,000

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

Location

750 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

$91,563/mo

Principal & Interest

$79,038

Property Tax

$12,375

Insurance

$150

HOA

$0

20% ($2,970,000)
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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