Gables By The Sea, 650 Lugo Ave Coral Gables, FL 33156

$36,000,000Price

8Beds

7Baths

9,287SqFt

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Details

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Status:

Parking: 2

Size: 9,287 ft² / 863 m²

Price: $3,876 ft² / $41,725 m²

Built: 2002

HOA: $200/MO

MLS Number: A11742039

View: Bay,Ocean

On Site: 52 Days

Updated: 8 Days ago

Page Views: 0

Casa mar...the only waterfront home in miami-dade county that offers 300-degree views of biscayne bay. Nestled at the end of a peninsula in coral gables in a gated community, this trophy property is turnkey (fully remodeled in 2024). Enjoy the sensation of private island views in the middle of biscayne bay. Destined to be a storehouse of value for years to come. Ensuite bathrooms throughout. Elevator. Elevated for storm protection. Dramatic 25-foot high ceilings. Rare opportunity to acquire a generational waterfront estate. (new seawall to be completed by june 2025-see permit attached-over 150 ft on water). Owner/seller financing available for up to 40% at 7% interest, w/ Terms up to 36 months. Minutes to signature fbo and mia. No bridges to bay.

Features

Bedrooms

Bedrooms: 8

Bathrooms

Bathrooms: 7

Half Bathrooms: No info

Exterior and Lot Features

Exterior Features: Balcony, Fence, FruitTrees, SecurityHighImpactDoors, Porch, Patio

View: Bay,Ocean

Price History

02/10/2025

Date

Listed

Event

$36M

Price

$3,876 ft² / $41,725 m²

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Jason Smith • Keller Williams Capital Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis

Closed

Active

$400/ft²

$1,500/ft²

$2,800/ft²

$4,000/ft²

Unit 650 Lugo Ave – Asking

$3,876/ft²

(+225%) from Closed Medium $/ft²

Closed Medium $/ft²

$1,193/ft²

Community $/Price Range (Closed) $556/ft² – $2951/ft²

No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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