Property Description

“My Paradise” lives up to its name. Set on a remarkable 32,025 SF lot with 250 feet of unobstructed, pristine waterfront views on both sides, this exceptional property presents a rare opportunity to create a world-class estate with unparalleled redevelopment flexibility, privacy, and natural beauty. Capturing breathtaking sunrise-to-sunset views across Biscayne Bay, Downtown Miami, Miami Beach, and Key Biscayne, it is privately positioned at the end of Lugo Avenue. The resort-style grounds feature lush tropical landscaping, wooden and coral stone walkways, a gazebo, sandy beach, summer kitchen, and tranquil fountains. An elevated pool deck with glass railings frames sweeping bay and island vistas. A true yachtsman’s retreat, the property includes a 66-foot dock with boat lift, a spacious boathouse, and plans in progress to extend to 100 feet. Ideally located just minutes from Coconut Grove, Downtown Miami, Miami Beach, and Miami International Airport, and close to fine dining, premier shopping, cultural and sporting venues, and top-rated schools. This offering represents an extraordinary opportunity to develop a landmark waterfront estate in one of Miami’s most coveted locations.

Features
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Community Features:
Gated, Home Owners Association
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Coral Gables
Zipcode:
33156
Street:
720 Lugo Ave, Coral Gables, Florida 33156
Longitude:
W81° 43' 57.7''
Latitude:
N25° 39' 8.8''
MLS Addon
Building Features:
Other
Development Status:
Site Plan Filed
Direction Faces:
North
Frontage Length:
250
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional
Parcel Number:
03-51-18-006-0320
Subdivision Name:
CORAL BAY SEC B
Tax Annual Amount:
$68,572
Tax Year:
2025
Utilities
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Waterfront Features

Land For Sale

720 Lugo Ave, Coral Gables, Florida 33156, Coral Gables, Florida 33156

32,025 Sqft
$19,800,000
MLS # #A12013324
Basic Details
Property Type :
Land
Listing Type :
For Sale
Price :
$19,800,000
Lot Area :
32,025 Sqft
MLS # :
A12013324
Property Sub Type :
Residential
Agent info
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