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For Sale
Listed on May 5, 2026

720 LUGO AVE

$19,800,000
0 Beds
0 Baths
32,025 sqft
0 Parkings
Lot size:
32,025 sqft
Annual Tax:
$68,572
Occupancy:
Contact Agent
Year Built:
-
Property type:
Other
#MLS:
A12013324

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.
Coldwell Banker Realty

Features & Details

Learn about the features and details of 720 LUGO AVE

Property Details

  • Property Type
    Residential
  • Living Area
    -
  • Year Built
    Year Built
  • Lot Size
    32,025 sqft
  • Stories
    -
  • Annual Tax
    $68,572
  • List Date
    5/5/2026
  • Updated
    5/24/2026
  • Last Checked
    Recent
  • MLS Number
    #A12013324
  • Brokerage
    Coldwell Banker Realty
  • Postal Code
    33156
  • Area
    Miami-Dade
  • City
    Coral Gables

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $19,800,000
  • Unit Number
    -
  • Construction
    Construction
  • Heating
    Heating
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    No
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

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Real estate trends

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Explore Miami-Dade

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FAQs About 720 LUGO AVE

There are bedrooms and bathrooms in this Other at 720 LUGO AVE, MLS® A12013324.

Annual taxes for this home are $68,572 based on 2025 tax year reports.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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720 LUGO AVE
720 LUGO AVE