8 Beds
7 Full baths
9,287SqFt
Active
The ONLY waterfront home in Miami-Dade County that offers 300-degree Bayfront views. Nestled at the end of a secluded peninsula in Coral Gables, this trophy property showcases dramatic open water views from every room. Enjoy the sensation of living on your own private island in the middle of Biscayne Bay. Words can not express the imagery you will experience living in this home. Destined to be a storehouse of value for years to come. Fully remodeled in 2024 w/ elevator. Elevated for storm protection. Dramatic 25-foot high ceilings. Rare opportunity to acquire a generational waterfront estate. (New seawall will be completed by May 2025-see permit attached-over 150 ft on water). Owner financing available for up to 40% at 7% interest, w/ terms up to 36 months. Minutes to Signature FBO.
Property Details | ||
|---|---|---|
| Price | $36,000,000 | |
| Bedrooms | 8 | |
| Full Baths | 7 | |
| Property Style | Attached, Two Story | |
| Lot Size Area | 17250 | |
| Lot Size Area Units | Square Feet | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Single Family Residence | |
| Features | First Floor Entry, Second Floor Entry, Den/Library/Office, Family Room, Recreation Room, Utility Room/Laundry | |
| Exterior Features | Fruit Trees, Open Balcony | |
| Year Built | 2002 | |
| Subdivision | CORAL BAY SEC B,Gables by the Sea | |
| View | Bay, Ocean | |
| Roof | Barrel Roof | |
| Waterfront | Ocean Access, Point Lot, Seawall | |
| Heating | Other | |
| Lot Description | 1/4 To Less Than 1/2 Acre Lot | |
| Laundry Features | Utility Room/Laundry, Washer/Dryer Hook-Up | |
| Pool features | Concrete | |
| Parking Description | Covered, Driveway | |
| Garage spaces | 2 | |
| Association Fee | 200 | |
Geographic Data | ||
| County | Miami-Dade County | |
| Market Area | Coral Bay Sec B | |
Address Information | ||
| Address | 650 Lugo Avenue, Coral Gables, FL 33156 | |
| Postal Code | 33156 | |
| City | Coral Gables | |
| State | FL | |
| Country | United States | |
Listing Information | ||
| Listing Office | Keller Williams Capital Realty | |
| Listing Agent | Jason Smith | |
| Virtual Tour URL | https://youtu.be/5tG3t-PgAKY | |
MLS Information | ||
| Days on market | 6 | |
| MLS Status | Active | |
| Listing Last Modified | Feb 18, 2025 | |
| Tax ID | 03-51-18-006-0350 | |
| Tax Annual Amount | 167711 | |
| MLS Area | Coral Bay Sec B | |
| MLS # | A11742039 | |
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This information is believed to be accurate, but without any warranty.