650 Lugo Avenue, Coral Gables, FL 33156

8 Beds

7 Full baths

9,287SqFt

Active

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, 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. (New seawall to be completed by June 2025-see permit attached-over 150 ft on water). 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.

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 43
MLS Status Active
Listing Last Modified Mar 28, 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.