750 Lugo Ave
Coral Gables, FL 33156
$14,850,000
$3,013/ft²
About this home
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.
Features
- Waterfront
Property details
Listing
- MLS #
- A12029654
- Status
- For sale
- Listed on
- Jun 5, 2026
- Days on market
- 66 days
- Listing data updated
- Jun 23, 2026
Interior
- Beds
- 5
- Baths
- 5
- Living area
- 4,928 ft²
- Price per ft²
- $3,013/ft²
Building & community
- Type
- Single-family home
- Year built
- 1988
- County
- Miami-Dade
Lot & exterior
- Lot size
- 11,500 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)
- $75,090
- Property taxes (est.)
- $13,613
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$89,303*/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?
Location
Mortgage calculator
$75,090/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Compass Florida, LLC.
Benjamin Moss · 305-793-4783 · ben@benmossgroup.com · 305-697-2904
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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