650 Lugo Avenue Coral Gables FL 33156 MLS #A11742039

650 Lugo Avenue
Coral Gables, FL, 33156
$36,000,000
8 Beds
7 Baths
11,744 SqFt
0 Acres
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The ONLY waterfront home in Miami-Dade County that offers 300-degree Bayfront views. Nestled at the end of a secluded peninsula in Coral Gables, this trophy property showcases dramatic open water views from every room. Enjoy the sensation of living on your own private island in the middle of Biscayne Bay. Words can not express the imagery you will experience living in this home. Destined to be a storehouse of value for years to come. Fully remodeled in 2024 w/ elevator. Elevated for storm protection. Dramatic 25-foot high ceilings. Rare opportunity to acquire a generational waterfront estate. (New seawall will be completed by May 2025-see permit attached-over 150 ft on water). Owner financing available for up to 40% at 7% interest, w/ terms up to 36 months. Minutes to Signature FBO.

Property Details

Price:
$36,000,000
MLS #:
A11742039
Status:
Active
Beds:
8
Baths:
7
Address:
650 Lugo Avenue
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
CORAL BAY SEC B,Gables by the Sea
Neighborhood:
Coral Bay Sec B
City:
Coral Gables
Listed Date:
Feb 12, 2025
State:
FL
Finished Sq Ft:
11,744
Total Sq Ft:
11,744
ZIP:
33156
Year Built:
2002
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Schools

Elementary School:
Pinecrest
Middle School:
Palmetto

Interior

Bathrooms
7 Full Bathrooms
Cooling
Zoned
Flooring
Marble
Heating
Other
Laundry Features
Utility Room/ Laundry, Washer/ Dryer Hook- Up

Exterior

Architectural Style
Attached, Two Story
Community Features
Boating
Construction Materials
C B S Construction
Exterior Features
Fruit Trees, Open Balcony
Parking Features
Covered, Driveway
Roof
Barrel Roof

Financial

HOA Fee
$200
HOA Frequency
Annually
Tax Year
2024
Taxes
$167,711

Map

Community

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