650 Lugo Avenue Active

Coral Gables,FL 33156

$ 36000000

8 Beds

7 Baths

9287 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 9,287 sqft

Price per Sqft $3,876

Subdivision Coral Bay Sec B

MLS Listing ID A11742039

Style Two Story

Bedrooms 8

Full Baths 7

HOA Fees $16/ann

Year Built 2002

Annual Tax Amount $167,711

Tax Year 2024

Lot Size 0.396 Acres

Property Sub-Type Single Family Residence

Property Description

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.

Location

State FL

County Miami-dade

Community Coral Bay Sec B

Area 51

Interior

Heating Other

Cooling Zoned

Flooring Marble

Laundry Washer Hookup,Dryer Hookup

Exterior

Exterior Feature Balcony,Fence,Fruit Trees,Security/High Impact Doors,Porch,Patio

Parking Features Attached

Garage Spaces 2.0

Pool Concrete,Pool

Community Features Boat Facilities

Utilities Available Cable Available

Waterfront Description Bayfront,Ocean Access,Point Lot,Seawall

View Y/N Yes

View Bay,Ocean

Roof Type Barrel

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

Schools

Elementary Schools Pinecrest

Middle Schools Palmetto

Others

Acceptable Financing Cash,Conventional,Owner May Carry,Other

Listing Terms Cash,Conventional,Owner May Carry,Other

Special Listing Condition Listed As-Is

Pets Allowed No

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