Premier Brokers International
750 Lugo Avenue, Coral Gables, FL 33156
Active Under ContractMLS listing sourceMIAMI REALTORS® MLS
Active Under ContractMLS® A12029654
$14,850,000

750 Lugo Avenue, Coral Gables, FL 33156

Beds
5
Baths
5
Sqft
4,928
Est. payment$95,300/mo
Home type
Single Family Residence
Year built
1988
Lot size
11,326 sqft
Price / sqft
$3,013
HOA
$0/mo
Community
CORAL BAY SEC B

Property description

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.

Listing activity

Days on market
139
Listed
Jun 5, 2026
MLS listing updated
Oct 24, 2026
Feed last checked
13 minutes ago

Listed by Benjamin S Moss · Compass Florida, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
5
Bathrooms
5
Bathrooms (decimal)
5
Full bathrooms
5
Half bathrooms
0

Rooms & features

Rooms
1
Interior features
Built-in Features, Elevator, Walk-In Closet(s)
Flooring
Marble, Tile, Wood
Appliances
Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer

Heating & cooling

Heating
Central, Electric
Cooling
Central Air, Electric
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Circular Driveway, Covered, Paver Block
Attached garage
No

Exterior

Stories
3
Building area
6,196 sqft
Entry level
2
Exterior features
Awning(s), Barbecue, Lighting
Pool
Yes
Pool features
Above Ground
View
Ocean, Bay, Pool
Waterfront
Ocean Access, Bay, Ocean
Waterfront property
Yes

Lot

Lot size
11,326 sqft
Lot size (acres)
0.26 acres
Zoning
0100
Road frontage
Public Road
Construction

Type & style

Home type
Single Family Residence
Year built
1988
New construction
No

Materials

Construction
CBS
Roof
Flat, Tile
Property condition
Resale
Levels
Three Or More
Faces
South
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Community & HOA

Community

Subdivision
CORAL BAY SEC B
MLS area
2510
55+ community
Yes

Association

Has association
Yes
Estimated monthly dues
$0
Amenities
Gated
Lease details

Not reported by the listing source.

Location

Area details

City
Coral Gables
County
Miami-Dade
ZIP code
33156
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12029654
Possession
Negotiable
Original list price
$14,850,000
Parcel number
0351180060310
Annual property tax
$129,853
Tax year
2025
Tax legal description
CORAL BAY SEC B PB 65-115 LOT 31 BLK 3 LOT SIZE 100.000 X 115 OR 12516-1150 0585 1 COC 23397-2586 05 2005 1
Additional MLS details

Reported by the listing source

Association Amenities
Gated
Association
Yes
Bathrooms Total Decimal
5
Bathrooms Total Integer
5
Building Area Total
6196
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
139
Direction Faces
South
Elementary School
Pinecrest
High School
Miami Palmetto
List Price
14850000
Listing Contract Date
2026-06-05
Living Area
4928
Lot Size Acres
0.26
Lot Size Area
11500
MLSArea Major
2510
Middle Or Junior School
Palmetto
Mls Status
Active Under Contract
On Market Date
2026-06-05
Photos Count
45
Postal Code
33156
Property Sub Type
Single Family Residence
Property Type
Residential
Road Frontage Type
Public Road
Rooms Total
1
Senior Community
Yes
Standard Status
Active Under Contract
State Or Province
FL
Status Change Timestamp
2026-10-24T18:08:40Z
Stories Total
3
Subdivision Name
CORAL BAY SEC B
Water Source
Public
Waterfront Features
Ocean Access, Bay, Ocean
Tax Annual Amount
129853
Bathrooms Full
5
Pool Private
Yes
Bedrooms Total
5
Bathrooms Half
0
General Property Information: Senior Community
Yes

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 5, 2026ListedMIAMI REALTORS® MLS$14,850,000$3,013/sqft

Public tax history

YearProperty taxesAssessment
2025$129,853—

Payment calculator

Estimated monthly payment$95,300/moIllustrative estimate, not a loan offer.
Principal & interest
$77,053
Property taxes
$10,821
Insurance
$7,425
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

CORAL BAY SEC B

Coral Gables · Miami-Dade County · 33156

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

PinecrestElementary
—
PalmettoMiddle
—
Miami PalmettoHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Compass Florida, LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.