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Land for sale at 720 Lugo Ave, Coral Gables, FL 33156 | MLS# A12013324 | Listing updated on 2026-09-11
Photo 1 of Land for sale at 720 Lugo Ave, Coral Gables, FL 33156 | MLS# A12013324 | Listing updated on 2026-09-11
Photo 2 of Land for sale at 720 Lugo Ave, Coral Gables, FL 33156 | MLS# A12013324 | Listing updated on 2026-09-11
Photo 3 of Land for sale at 720 Lugo Ave, Coral Gables, FL 33156 | MLS# A12013324 | Listing updated on 2026-09-11
Photo 4 of Land for sale at 720 Lugo Ave, Coral Gables, FL 33156 | MLS# A12013324 | Listing updated on 2026-09-11
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$19,800,000

Monthly Est:$98,552

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon32,025sqft lot

720 Lugo Ave, Coral Gables, FL 33156

$98,552/moEst:

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  • Residential Lot

  • Built in -

  • $-- HOA

  • 32,025 sqft lot

  • $618/sq.ft

Description

"My Paradise” lives up to its name. Double waterfront parcels. Set on a remarkable 32,025 SF lot with 250 feet of unobstructed, pristine waterfront views on both sides, this exceptional property presents a rare opportunity to create a world-class estate with unparalleled redevelopment flexibility, privacy, and natural beauty. Capturing breathtaking sunrise-to-sunset views across Biscayne Bay, Downtown Miami, Miami Beach, and Key Biscayne, it is privately positioned at the end of Lugo Avenue. The resort-style grounds feature lush tropical landscaping, wooden and coral stone walkways, a gazebo, sandy beach, summer kitchen, and tranquil fountains. An elevated pool deck with ...

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  • Houzeo last checked: 13 minutes ago
  • Listing updated: September 11, 2026 at 8:23 pm
  • Listing Provided by: Jill Eber (305) 915-2556 DRE #0333469, Judith Zeder (305) 613-5550 DRE #0650944 | Coldwell Banker Realty (305) 672-6300
  • Source: Miami MLS-FL | MLS#: A12013324 Miami MLS-FL

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Miami Dade County

  • City

    Coral Gables

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    32,025 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Miami MLS

  • MLS Number

    A12013324

  • MLS Status

    Active

  • Days on Market

    137

  • Cumulative Days on Market

    129

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Public Sewer

Utilities & Energy

  • Security Features

    Gated Community

  • Utilities

    Cable Available, Electricity Available, Other, Sewer Available, Water Available

  • Water Source

    Public

Other Features

  • Subdivision Name

    Coral Bay Sec B

  • Vegetation

    Other

  • Community Features

    Gated, Home Owners Association

  • Lot Features

    Irregular Lot, Oversized Lot

Price History

DateEventPrice

05/05/2026

Source: mls_logoBeaches MLS-FL #A12013324

Off Market

$19,800,000

$0/sqft

05/05/2026

Source: mls_logoMiami MLS-FL #A12013324

Listed for Sale

$19,800,000

$0/sqft

02/04/2026

Source: mls_logoMiami MLS-FL #A11953949

Price Decreased

$19,800,000 -12.00%

$0/sqft

02/04/2026

Source: mls_logoMiami MLS-FL #A11953949

Listed for Sale

$22,500,000

$0/sqft

02/04/2026

Source: mls_logoMiami MLS-FL #A11953949

Price Change

$22,500,000

$0/sqft

Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® through Sep 20, 2026, 03:45AM. The MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law. Copyright Southeast Florida MLS a/k/a SEFMLS © 2026. All rights reserved.

Advertising Broker: Randal Longo | Keys Realty Redefined

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