How much is 720 Lugo Avenue?

720 Lugo Avenue is listed at $19,800,000, which is about $4,990 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 720 Lugo Avenue?

The listing reports annual property taxes of $68,572 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 720 Lugo Avenue built?

720 Lugo Avenue was built in 1972 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 720 Lugo Avenue been on the market?

720 Lugo Avenue has been listed for 278 days, and the asking price has been reduced from $22,500,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 720 Lugo Avenue waterfront?

Yes. The listing describes the water as ocean access bayfront ocean front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 720 Lugo Avenue?

The MLS lists Pinecrest (elementary), Palmetto (middle), Miami Palmetto (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 720 Lugo Avenue?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

720 Lugo Avenue, Coral Gables, FL 33156

$19,800,000 · Active

5 beds
5 baths
3,968 sq ft
278 days on market
Single Family Residence
Built 1972
Lot 32,234.4 sq ft
4,645 sq ft total
1 garage space
Miami-Dade County
MLS# A11953949
Coral Bay Sec B

Photo 1 at 720 Lugo Avenue, Coral Gables

Photo 2 at 720 Lugo Avenue, Coral Gables

Photo 3 at 720 Lugo Avenue, Coral Gables

Photo 4 at 720 Lugo Avenue, Coral Gables

Photo 5 at 720 Lugo Avenue, Coral Gables

Photo 6 at 720 Lugo Avenue, Coral Gables

Photo 7 at 720 Lugo Avenue, Coral Gables

Photo 8 at 720 Lugo Avenue, Coral Gables

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.

Video Tour

Watch the video tour of 720 Lugo Avenue

Features

Built-in Features
Entrance Foyer
Wet Bar
Walk-In Closet(s)
Custom Mirrors
Lighting
Other
Ocean Access
Bayfront
Ocean Front
Above Ground

Schools

Elementary: Pinecrest
Middle: Palmetto
High: Miami Palmetto

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Coldwell Banker Realty · Darrell.Burks@Floridamoves.com · Listing agent: Jill H Eber

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 720 Lugo Avenue.

Before You Make an Offer

Buying a beachfront home in Florida

Find Out If Your Buyer Is Already Working With Us

BreakThru Realty works with buyers searching for waterfront homes with ocean access, no fixed bridges, deep water, private docks and Intracoastal frontage. Boaters know the vessel they need to keep behind the house, and they tell us. If you own a waterfront home, a broker can compare its frontage, dock and route to the ocean with those requirements and discuss a potential buyer match before you list.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 720 Lugo Avenue

How much is 720 Lugo Avenue?: 720 Lugo Avenue is listed at $19,800,000, which is about $4,990 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 720 Lugo Avenue?: The listing reports annual property taxes of $68,572 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 720 Lugo Avenue built?: 720 Lugo Avenue was built in 1972 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 720 Lugo Avenue been on the market?: 720 Lugo Avenue has been listed for 278 days, and the asking price has been reduced from $22,500,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 720 Lugo Avenue waterfront?: Yes. The listing describes the water as ocean access bayfront ocean front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 720 Lugo Avenue?: The MLS lists Pinecrest (elementary), Palmetto (middle), Miami Palmetto (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 720 Lugo Avenue?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

Explore

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9440 Old Cutler Lane, Coral Gables, FL 33156 · Sold $25,000,000 · 7 bd · 7.5 ba · 8,997 sq ft

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Nearby ZIP Codes

A comparable home, 9440 Old Cutler Lane, Coral Gables, FL 33156, sold for $25,000,000 in November 2026. Coral Gables neighborhoods include Gables Estates and Gables by the Sea. Nearby ZIP codes include 33134 and 33146. This property also neighbors Pinecrest, South Miami, and Palmetto Bay. Compare it with the Coral Gables housing market report.