650 Lugo Avenue Coral Gables FL 33156 MLS #A11742039

650 Lugo Avenue
Coral Gables, FL, 33156
$36,000,000
8 Beds
7 Baths
11,744 SqFt
0 Acres
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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.

Property Details

Price:
$36,000,000
MLS #:
A11742039
Status:
Active
Beds:
8
Baths:
7
Address:
650 Lugo Avenue
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
CORAL BAY SEC B,Gables by the Sea
Neighborhood:
Coral Bay Sec B
City:
Coral Gables
Listed Date:
Feb 12, 2025
State:
FL
Finished Sq Ft:
11,744
Total Sq Ft:
11,744
ZIP:
33156
Year Built:
2002
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Schools

Elementary School:
Pinecrest
Middle School:
Palmetto

Interior

Bathrooms
7 Full Bathrooms
Cooling
Zoned
Flooring
Marble
Heating
Other
Laundry Features
Utility Room/ Laundry, Washer/ Dryer Hook- Up

Exterior

Architectural Style
Attached, Two Story
Community Features
Boating
Construction Materials
C B S Construction
Exterior Features
Fruit Trees, Open Balcony
Parking Features
Covered, Driveway
Roof
Barrel Roof

Financial

HOA Fee
$200
HOA Frequency
Annually
Tax Year
2024
Taxes
$167,711

Map

Community

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