720 Lugo Ave
Overview
“My Paradise” earns its name! This 5BR/5BA estate sits on a 32,025 SF lot with 250’ of unobstructed pristine waterfront views on both sides, capturing mesmerizing sunrise-to-sunset across Biscayne Bay, Downtown, Miami Beach & Key Biscayne. Privately positioned at Lugo Avenue’s dead end, resort-style grounds feature lush landscaping, wooden & coral walkways, gazebo, sand beach, summer kitchen & serene fountains. Elevated pool deck w/glass railings frame sweeping bay & island vistas. Spacious open living room w/pitched wood-beam ceilings, skylights, formal dining, kitchen w/Bosch & Sub-Zero appliances. Principal suite offers amazing bayside views & spa bath. A yachtsman’s dream includes 66’ dock w/lift, boathouse & plans in progress to extend to 100’. Minutes to dining, shops, & top schools.
Property Details
- MLS#A11953949
- Home TypeSingle Family Residence
- Year Built1972
- Interior3,968 SqFt
- Lot Size32,025 SqFt
- Price / sqft$4,990
- Listed2026-02-04
- Days on Market132
- BuildingCORAL BAY SEC B
- SubdivisionCORAL BAY SEC B
- CountyMiami-Dade County
- Garage1 spaces
- Annual Taxes$68,572 (2025)
- Original Price$22,500,000
Features & Amenities
- Interior FeaturesFirst Floor Entry, Built-in Features, Custom Mirrors, Entrance Foyer, Skylight, Walk-In Closet(s), Wet Bar, Utility Room/Laundry
- Exterior FeaturesLighting, Other
- AppliancesDishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
- FlooringOther, Tile, Wood
- CoolingCentral Air, Electric
- HeatingCentral, Electric
- RoofConcrete
- ConstructionCBS Construction
- ParkingDriveway, Other
- Waterfront FeaturesOcean Access, Ocean Front
- Pool FeaturesAbove Ground
- LaundryUtility Room/Laundry
- CommunityGated Community, Public Road, Voluntary Hoa
- ViewBay, Ocean, Direct Ocean, Pool
- Architectural StyleAttached, One Story
- Water SourceMunicipal Water
- SewerPublic Sewer
Schools
- ElementaryPinecrest
- Middle SchoolPalmetto
- High SchoolMiami Palmetto
Payment Calculator
Map & Neighborhood
Similar Homes
Information provided by the MIAMI Association of REALTORS.The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection.