Active
650 Lugo Avenue
Coral Gables FL, 33156
$36,000,000
$3,876.39 per sqft
Active
8 Beds
7 Baths
9,287 sqft
Residential
Built in 2002
Only waterfront home in Miami-Dade County that offers 300-degree Bayfront views. Nestled at the end of a secluded peninsula in Coral Gables in a gated community, this trophy property showcases dramatic open water views from all rooms. Enjoy the sensation of living on your own private island in the middle of Biscayne Bay. Destined to be a storehouse of value for years to come. Fully remodeled in 2024 w/ elevator. Ensuite bathrooms throughout. Elevated for storm protection. Dramatic 25-foot high ceilings. Rare opportunity to acquire a generational waterfront estate. (New seawall to be completed by May 2025-see permit attached-over 150 ft on water). Owner/Seller financing available for up to 40% at 7% interest, w/ terms up to 36 months. Minutes to Signature FBO and MIA. No bridges to bay.
A11742039
MLSⓇ ID
February 12, 2025
Listed
March 2, 2025
Updated
Interior Features
Bedrooms
8
Total Bathrooms
7
Full Bathrooms
7
Interior Features
First Floor Entry, Second Floor Entry, Den/Library/Office, Family Room, Recreation Room, Utility Room/Laundry
Laundry Description
Utility Room/Laundry, Washer/Dryer Hook-Up
Floor Description
Marble
Fireplace
No
Cooling
Yes
Cooling Description
Zoned
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.4 Acres
Exterior Features
Fruit Trees, Open Balcony
Lot Features
1/4 To Less Than 1/2 Acre Lot
Architectural Style
Attached, Two Story
Roof
Barrel Roof
Sewer
Public Sewer
Patio And Porch
Open Balcony, Open Porch, Patio
School Information
Elementary School
Pinecrest
Other Property Details
Area Name
Coral Bay Sec B
Taxes
$167,711
Tax Frequency
Annually
Days on Market
18
Association Fee
$200
Association Fee Frequency
Yearly
Garage
Yes
Garage Spaces
2
Parking
Covered, Driveway
View
Yes
View Description
Bay, Ocean
County
Miami-Dade County
Water Source
Municipal Water
Pool
Yes
Pool Features
Concrete
Waterfront
Yes
Waterfront Features
Ocean Access, Point Lot, Seawall
Zoning
0100
Listed by: Keller Williams Capital Realty
Listing Contact: 786-326-8115
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Data last updated 3:07 PM UTC, 3/2/2025.