720 Lugo Ave

Coral Gables, FL 33156

$19,800,000

$4,990/ft²

5Beds

5Baths

3,968Sq ft

1972Year built

Single-family homeType

About this home

“My Paradise” earns its name! This 5BR/5BA 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.

Features

Waterfront

Property details

Listing

MLS #: A11953949
Status: For sale
Listed on: Feb 4, 2026
Days on market: 186 days
Listing data updated: Jul 31, 2026

Interior

Beds: 5
Baths: 5
Living area: 3,968 ft²
Price per ft²: $4,990/ft²

Building & community

Type: Single-family home
Year built: 1972
County: Miami-Dade

Lot & exterior

Lot size: 32,025 ft²
Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $100,120
Property taxes (est.): $18,150
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$118,870*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?