Live Listing

750 Lugo Avenue

Coral Gables, FL 33156 CORAL BAY SEC B

List Price $14,850,000
PROPERTY DESCRIPTION

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.

PROPERTY DETAILS

Property Details

Listing Information

MLS ID
A12029654
Listing Status
Active
Property Type
Single Family Residence
Bedrooms
5
Bathrooms
5
Living Area
4,928 sq ft
Lot Size
11,500 sq ft
Year Built
1988
Community
CORAL BAY SEC B
County
Miami-Dade

Property Features

Interior Features
Built-in Features, Elevator, Walk-In Closet(s)
Exterior Features
Awning(s), Barbecue, Lighting
Appliances
Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Parking
Circular Driveway, Covered, Paver Block
Waterfront
True
Waterfront Features
Ocean Access, Bayfront, Ocean Front
View
Pool, Bay, Ocean
Property Tax
$129,853 (2025)
Evelyn Yang South Florida Real Estate
Evelyn Yang 561.972.3158
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