CONTACT
FAVORITE
SHARE
CLAIM

720 Lugo Avenue Coral Gables FL 33156 (A12013324)

$19,800,000
USD CAD EUR GBP BTC
720 Lugo Avenue, Coral Gables, FL 33156 - MLS#A12013324 720 Lugo Avenue, Coral Gables, FL 33156 - MLS#A12013324 720 Lugo Avenue, Coral Gables, FL 33156 - MLS#A12013324 720 Lugo Avenue, Coral Gables, FL 33156 - MLS#A12013324

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Request Info, you are registering to this website and agreeing that BEX Realty, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

Overview of Parcel 03-51-18-006-0320

0.735 Acres
Ocean
Listed For 42 Days

Don't miss this land for sale in Gables By The Sea! "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.

Please contact your BEX agent for more information about MLS# AX-12013324 or any other land for sale in Coral Gables or elsewhere in the Miami-Dade County area.

Features & Amenities

Lot Size

32025 Square Feet

View

Bay, Ocean view

Security Features

Gated Community

Building Features

Other

Utilities

Cable Available, Electricity Available, Other, Sewer Available, Water Available

Waterfront Features

Bayfront, Ocean Front

Annual Real Estate Taxes

$68,572 (2025)

Legal Description

Coral Bay Sec B Pb 65-115 Lots 32 & 33 Blk 3 Lot Size 200.000 X 115 Or 11030-2312 0381 2

Property Type

Residential

Community Features

Gated, Home Owners Association

Direction Faces

North

MLS Number

A12013324

Universal Property Id

U S-12025-N-0351180060320-R-N

Days On Market

42

Community Name

Coral Bay Sec B

720 Lugo Ave Price Calculator

Get Mortgage Quote For This Land

The payment calculator figures for Parcel 03-51-18-006-0320 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this land for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $68,572 but will likely change when this land sells. These estimations are calculated from a list price of $19,800,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the land characteristics and location.

Recent Land Sales near 720 Lugo Ave

MLS Number Sale Price Size Location Sale Date
A11942610 $ Log in to view 10470 Acres Deering Bay Estates 05/20/2026
A11884799 $ Log in to view 43293 Acres Gables Ests No 4 04/27/2026
A11883060 $ Log in to view 1.32 Acres Snapper Creek Lakes Sub 04/24/2026
A11800388 $ Log in to view 0.5165 Acres Cocoplum Sec 1 01/30/2026
A11911719 $ Log in to view 0.2871 Acres Coral Gables Country Club 01/23/2026
A11882421 $ Log in to view 0.29 Acres Coral Gables Riviera Sec 01/06/2026
A11851288 $ Log in to view 0.23 Acres Coral Gables Bisc Bay Sec 01/05/2026
A11880943 $ Log in to view 0.34 Acres Coral Estates 12/31/2025
A11802349 $ Log in to view 1.039 Acres Hammock Lakes 12/09/2025
A11769487 $ Log in to view 0.551 Acres Coral Gables Crafts Sec 11/25/2025
A11815502 $ Log in to view 0.19 Acres Amd & Corr Plat Of Sunris 09/24/2025
A11808995 $ Log in to view 14125 Acres Coral Groves 08/18/2025

MLS# AX-12013324 Listing History

12/31/1969 Listed for sale by Coldwell Banker Realty with MLS# AX-12013324 with a list price of $19,800,000.

Miami-Dade County Schools

Elementary School

Middle School

This listing of 720 Lugo Ave Coral Gables FL 33156 was last updated on 2026-06-16 16:00:50. Listing courtesy of Coldwell Banker Realty.
MLS

Map of 720 Lugo Ave Coral Gables FL 33156

Similar Land For Sale

Xxx Sierra Cir, Coral Gables
$5,750,000

MLS#AX-12021685

Xxx Sierra Cir
Coral Gables, FL 33156

1.03 Acres

10550 Old Cutler Rd, Coral Gables
$11,999,000

MLS#AX-11982611

10550 Old Cutler Rd
Coral Gables, FL 33156

1 Acre

719 Biltmore Way, Coral Gables
$8,200,000

719 Biltmore

719 Biltmore Way
Coral Gables, FL 33134

0.275 Acres

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

The data relating to homes for sale or lease or other real estate for sale or for rent on the BEX Realty website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. BEX Realty, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Currency