House in Coral Gables, FL 33156Gables By The Sea, 720 Lugo Ave
$19,800,000
$3M5
Beds5
Baths3,968
SqFt$4,990
$/SqFtUltra Luxury HouseProperty Type
1972Year Built
$4,990/SqFtPrice per sq ft
1 carParking Spaces
Bay,Ocean,PoolView
YesWaterfront
“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.
Listing Courtesy Of: Coldwell Banker Realty
Local Realty Services Provided By: Best of Luxury Realty
On Site: 269 DaysUpdated: 50 Days agoPage Views: 0
Features
MLS Number: A11953949
Bedrooms
- Bedrooms: 5
Bathrooms
- Bathrooms: 5
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Lighting,Other
- View: Bay,Ocean,Pool
Interior, Heating and Cooling
- Interior Features: WetBar, BuiltInFeatures, BedroomOnMainLevel, BreakfastArea, DiningArea, SeparateFormalDiningRoom, DualSinks, EntranceFoyer, FirstFloorEntry, CustomMirrors, MainLevelPrimary, Skylights, SeparateShower, WalkInClosets
- Equipment / Appliances: BuiltInOven, Dryer, Dishwasher, Disposal, GasRange, Microwave, Other, Refrigerator, Washer
- Heating Description: Central,Electric
- Cooling Description: CentralAir,Electric
Building and Construction
- Floor Description: Hardwood, Other, Tile, Wood
- Windows/Treatment: Skylights
- Year Built: 1972
- Year Built Description: Resale
- Style: OneStory
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
- Elementary School: Pinecrest
- Middle School: Palmetto
- Senior High School: Miami Palmetto
Other Property Info
- Garage: 1
- Listing Date: 2026-02-04T12:59:02.000-00:00
- Directions: North
- Pets Allowed: No,Yes
Taxes, Fees & More
- Taxes: 68572
- Security Information: GatedCommunity
- Parking Description: Driveway,Other
Apples-to-Apples Comparables
Price History
Current
$19.8M
High
$22.5M
Low
$19.8M
Total Change
-12%Date
Event
Price
Change
Price Per
05/04/2026
Price Reduced
$19.8M
0%$4,990 ft2
$53,711 m2
05/04/2026
Price Reduced
$19.8M
-12%$4,990 ft2
$53,711 m2
01/27/2026
Listed
$22.5M
$5,670 ft2
$61,036 m2
05/04/2026
$19.8M
Event
Price Reduced
Change
0%Price Per
$4,990 ft2
$53,711 m2
05/04/2026
$19.8M
Event
Price Reduced
Change
-12%Price Per
$4,990 ft2
$53,711 m2
01/27/2026
$22.5M
Event
Listed
Price Per
$5,670 ft2
$61,036 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Jill Eber • Coldwell Banker Realty • Buyer Agency Compensation .
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Community Snapshot
4 – 6 BR
Bedrooms
$2.7M – $21.9M
Price Tier
1,661 - 9,287
SqFt Range
1973
Year Build
2
Total Floors
377
Total Units
Subdivision Amenities
Controlled Access
Guard
Playground
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