750 Lugo Avenue, Coral Gables, FL 33156

$14,850,000 · Active

  • 5 beds
  • 5 baths
  • 4,928 sq ft
  • Single Family Residence
  • Built 1988
  • Lot 11,325.6 sq ft
  • MLS# A12029654
  • Coral Bay Sec B
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About this home

Casa Dos Aguas - Rarely available, this extraordinary waterfront residence offers one of South Florida’s most coveted settings on a private peninsula within the exclusive, gated Gables by the Sea community in Coral Gables. It offers breathtaking open water views of Biscayne Bay to both the north and south, with a stunning downtown Miami skyline backdrop.Designed in the spirit of mid-century modern architecture, living areas are elevated on the second floor and additional bedrooms on the third - maximizing the spectacular panoramic bay views enjoyed from virtually every room. A three-story elevator provides effortless access throughout.Boasting 100 linear feet of deep-water frontage with no fixed bridges to Biscayne Bay, the property is a true yachtsman’s dream, capable of accommodating a large yacht with direct, unobstructed access to open water. The roof was redone in 2013 and has all-impact windows and doors.Designed for the South Florida lifestyle, the home features generous balconies to savor the constant bay breeze and sweeping water vistas, while the ground floor offers an expansive covered entertainment area perfect for hosting. The resort-style pool includes an in-pool spa and is heated for year-round enjoyment. Located just three properties in from the bay within one of Coral Gables’ most prestigious gated enclaves, this is a rare opportunity to own a true waterfront trophy property.

Features

Schools

  • Elementary: Pinecrest
  • Middle: Palmetto
  • High: Miami Palmetto

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · Listing agent: Benjamin S Moss

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 750 Lugo Avenue.

Questions About 750 Lugo Avenue

How much is 750 Lugo Avenue?
750 Lugo Avenue is listed at $14,850,000, which is about $3,013 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 750 Lugo Avenue?
The listing reports annual property taxes of $129,853 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 750 Lugo Avenue built?
750 Lugo Avenue was built in 1988 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 750 Lugo Avenue been on the market?
750 Lugo Avenue has been listed for 110 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 750 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 750 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 750 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.

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The 6 bedroom home at 9000 Arvida Drive, Coral Gables, FL 33156 is comparable and listed for sale at $16,900,000. Other Coral Gables neighborhoods include Gables Estates and Deering Bay. Nearby ZIP codes include 33134 and 33146. This property also neighbors Pinecrest, South Miami, and Coconut Grove. Compare it with the Coral Gables housing market report.