$19,800,000

720 LUGO AVE, CORAL GABLES, FL 33156

5 beds5 baths3,968 sq ftHouseBuilt 1972
Updated today, November 3, 2026

This home against Coral Gables

$4,990 per sq ft, 437% over the Coral Gables median
273 days on the market
Price cut $2,700,000 since it was listed at $22,500,000
$68,572 in property taxes (2025)
32,234 sq ft lot
Private pool
Waterfront
1 car garage

Coral Gables today: 289 homes for sale, median list price $1,995,000.

About this home

“My Paradise” earns its name! This 5BR/5BA double-waterfront estate sits on a 32,025 SF lot with 250’ of unobstructed pristine waterfront views on both sides, capturing mesmerizing sunrise-to-sunset across Biscayne Bay, Downtown, Miami Beach & Key Biscayne. Privately positioned at Lugo Avenue’s dead end, resort-style grounds feature lush landscaping, wooden & coral walkways, gazebo, sand beach, summer kitchen & serene fountains. Elevated pool deck w/glass railings frame sweeping bay & island vistas. Spacious open living room w/pitched wood-beam ceilings, skylights, formal dining, kitchen w/Bosch & Sub-Zero appliances. Principal suite offers amazing bayside views & spa bath. A yachtsman’s dream includes 66’ dock w/lift, boathouse & plans in progress to extend to 100’. Minutes to dining, shops, & top schools.

Zoned schools

Elementary: Pinecrest Elementary School
Middle: Palmetto Middle School
High: Miami Palmetto Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Matheson Hammock Park, 0.4 mi
Grocery: Publix, 2.1 mi

Distances from the center of CORAL GABLES.

Listing courtesy of Coldwell Banker Realty. MLS# A11953949.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed February 3, 2026.

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