Basic Information
- MLS # A12013324
- Type Residential Land/Boat Docks
- Subdivision/Complex Coral Bay Sec B
- Total Size 32,025 Sq.Ft / 0.74 Acre
- Date Listed 05/05/2026
- Days on Market 4
"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.
Exterior Features
- Waterfront Yes
- Parking Spaces 0
- Pool No
- WF Description Bayfront, Ocean Front
- Parking Description
Interior Features
- Adjusted Sqft 0.74 AcreSq.Ft
- Sqft 0.74 AcreSq.Ft
Property Features
- Aprox. Lot Size 32,025
- Furnished Info No
- Short Sale Regular Sale
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Coral Bay Sec B
- Tax Amount $68,572
- Tax Year 2025
720 Lugo Ave
Coral Gables, FL 33156Similar Properties ForSale
The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty. tel: 305-672-6300
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