750 Lugo Ave, Coral Gables, FL 33156

$14,850,000
5
BD
5
BA
4,928
SqFt

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List Price
$14,850,000
MLS#
A12029654
Subdivision
Coral Bay Sec B
Status
ACTIVE
Type
Single Family Residential
Bedrooms
5
Full baths
5
Living Area
4,928

Property Description

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.

Additional Information

Days on Market
52
View
Bay, Ocean, Pool
Waterfront Description
Ocean Access, Ocean Front
Tax Amount
$129,853
Water Access
Boat Hoists/Davits, Private Dock
Pool
Yes
Parcel Number
03-51-18-006-0310
Pool Description
Above Ground
#Garage Spaces
2
Bedroom Description
At Least 1 Bedroom Ground Level, Primary Bath Shower
Front Exposure
South
Lot Size
11,500
Exterior Features
Barbeque, Lighting
Parking Restrictions
Circular Driveway, Covered, Paver Block
Address
750 Lugo Ave, Coral Gables
Elementary School
Pinecrest
SqFt Liv Area
4,928
Year Built
1988
Design
Detached, Three Or More Stories
Development Name
Coral Bay Sec B
Style
House
Middle School
Palmetto
Senior High School
Miami Palmetto
Restrictions
Ok To Lease
Construction Type
CBS Construction
Interior Features
Second Floor Entry, Built-in Features, Elevator, Walk-In Closet(s), Family Room
Section
18

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Listing Courtesy of Compass Florida, LLC, Contact: