Only waterfront home in Miami-Dade County that offers 300-degree Bayfront views. Nestled at the end of a secluded peninsula in Coral Gables in a gated community, this trophy property showcases dramatic open water views from all rooms. Enjoy the sensation of living on your own private island in the middle of Biscayne Bay. Destined to be a storehouse of value for years to come. Fully remodeled in 2024 w/ elevator. Ensuite bathrooms throughout. Elevated for storm protection. Dramatic 25-foot high ceilings. Rare opportunity to acquire a generational waterfront estate. (New seawall to be completed by May 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.
Property Description
Features
: Concrete
: Other
: Zoned
: Fenced
: Bay, Ocean
: Patio, Open Porch, Open Balcony
: Unfurnished
: Boating
: High Impact Doors
: Open Balcony, Fruit Trees
: Marble
2
: First Floor Entry, Den/library/office, Family Room, Recreation Room, Second Floor Entry, Utility Room/laundry
: Utility Room/laundry, Washer/dryer Hook-up
: 1/4 To Less Than 1/2 Acre Lot
: Covered, Driveway
: Barrel Roof
: Other
: Utility Room/laundry, Den/library/office, Family Room, Recreation Room
: Public Sewer
Ocean Access,point Lot,seawall
Address Map
FL
Miami-Dade County
Coral Gables
33156
650 Lugo Avenue
CORAL BAY SEC B
0
W81° 44' 0.2''
N25° 39' 8.7''
Northeast
CORAL BAY SEC B,Gables by the Sea
MLS Addon
: Attached, Two Story
$200
Annually
: Cbs Construction
26
Pinecrest
: Bay
: Other
: All Cash, Conventional, Owner Will Carry
Palmetto
: House
$167,711
2024
: Municipal Water
0100
8 Bedrooms
7 Bathrooms
9,287 Sqft
$36,000,000
Listing ID #A11742039
Basic Details
Property Type : Residential
Property SubType : Single Family Residence
Listing Type : For Sale
Listing ID : A11742039
Price : $36,000,000
Bedrooms : 8
Bathrooms : 7
Square Footage : 9,287 Sqft
Year Built : 2002
Lot Area : 17,250 Sqft
Bathrooms Total : 7
Building Area : 11,744 Sqft
Status : Active
