-
Est. payment /mo
0.74 Acres Lot
Active
720 Lugo AVE Coral Gables, FL 33156
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Coral Bay Sec B
MLS Listing ID A12013324
Annual Tax Amount $68,572
Tax Year 2025
Lot Size 0.740 Acres
Property Sub-Type Unimproved Land
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.
Location
State FL
County Miami-dade
Rooms
Other Rooms Other
Exterior
Utilities Available Cable Available, Electricity Available, Other, Sewer Available, Water Available
Waterfront Description Bayfront,Ocean Front
View Y/N Yes
Water Access Desc Public
View Bay, Ocean
Building
Lot Description City Lot, Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Pinecrest
Middle Schools Palmetto
High Schools Miami Palmetto
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://vimeo.com/1161882421
Listed by Jill H Eber Coldwell Banker Realty