CORAL BAY SEC C

1520 Lugo Avenue, Coral Gables FL 33156

4 beds · 3 baths · 3,048 ft²

Closed

$2,500,000

9.09%

Est. Payment $13,306/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

3,048

Sq. Ft.

1973

Year Built

2

Garage

1

Stories

118

Days on Market

Description

Large 12,300 SF lot features 100' ft of water frontage, south exposure on a wide canal with beautiful patio views, travertine terrace and newer $250,000 dock! No ocean access. The perfect home to make upgrades to and make your own, or knock down and build new! The best priced waterfront opportunity in the highly desirable Gables by the Sea! Gables by the Sea is an exclusive, guard-gated waterfront community and one of the most established and oldest residential communities in Coral Gables. A+ rated school district!

Facts

MLS#
F10383118
Subdivision
CORAL BAY SEC C
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1973
Lot Size
12,300 ft²
Sq. Ft.
3,048 ft²
Sq. Mt.
283 m²
Price per sq. ft.
$820/ft²
Price per sq. mt.
$8,834/m²
Stories
1
Garage
2 spaces
Pool
Private
Days on Market
118 days
Listed
May 31, 2023
Last Updated
May 19, 2026
Price/Lot Sq.Ft.
$203/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).

5/19/2026Sold$2,500,000
9/18/2023Price change$2,500,000-9.1%
5/31/2023Listed for sale$2,750,000

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

Estimated Monthly Payment

$15,539/mo

Principal & Interest

$13,306

Property Tax

$2,083

Insurance

$150

HOA

$0

20% ($500,000)
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

Hablo Español

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

Similar listings nearby

More homes in Coral Gables around $2,500,000.

Call NowWhatsApp