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650 Lugo Avenue, Coral Gables, Florida 33156

Rendering with new dock. Seawall ready June 2025
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Active For Sale
$36,000,000
  • Beds 8
  • Baths 7
  • Sq Ft 9,287 Sqft
  • Visits: 27 in 87 days

Description

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 with over 120 feet on the water, 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. 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. Brand new modern seawall.

Features

  • Swimming Pool: Pool, Concrete
  • Heating System: Other
  • Cooling System: Zoned
  • Pet Policy: No
  • Patio: Balcony, Open, Patio, Porch
  • Parking: Driveway, Garage, Attached, Covered
  • Furnished: Unfurnished

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Coral Gables
  • Subdivision: CORAL BAY SEC B
  • Zipcode: 33156
  • Street: Lugo Avenue
  • Street Number: 650
  • Floor Number: 0
  • Longitude: W81° 44' 0.1''
  • Latitude: N25° 39' 8.9''
  • MLS Area: 51

MLS Addon

  • Architectural Style: Two Story
  • Association Fee: $200
  • Association Fee Frequency: Annually
  • Close Price: $0
  • Community Features: Boat Facilities
  • Elementary School: Pinecrest
  • Exterior Features: Balcony, Security/high Impact Doors, Patio, Porch, Fence, Fruit Trees
  • Flooring: Marble
  • Garage Spaces: 2
  • Insurance Expense: $0
  • Interior Features: Second Floor Entry, First Floor Entry, Other
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Levels: Two
  • Listing Terms: Cash, Owner May Carry, Other, Conventional
  • Lot Features: 1/4 To 1/2 Acre Lot
  • Middle Or Junior School: Palmetto
  • New Taxes Expense: $0
  • Stories: 2
  • Tax Annual Amount: $167,711
  • Tax Year: 2024
  • Utilities: Cable Available
  • Water Front Features: Ocean Access, Point Lot, Seawall, Bayfront

Location

Listing Updated: 2025-04-22 15:30:21

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11742039
  • Price : $36,000,000
  • View : Bay, Ocean
  • Bedrooms : 8
  • Bathrooms : 7
  • Full Bathrooms : 7
  • Half Bathrooms : 0
  • Square Footage : 9,287 Sqft
  • Year Built : 2002
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 86
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