650 Lugo Avenue

650 Lugo Avenue Coral Gables 33156
8 bedrooms | 7 bathroom | 0 half bath | 9,287 sqft

$36,000,000

Property Details

MLS #
A11742039
Unit #
Address
650 LUGO AVENUE  map  
Bedrooms
8
Bathrooms
7
Living Area (f2)
9,287
Living Area (M2)
863
Lot Size (f2)
17,250
Year Built
2002
Waterfront
Yes
Status
Active
Listing Type
Single Family
Maintenance Fee
$200
Complex
CORAL BAY SEC B
Days On Market
49
Pool
Yes
Pets Allowed
N/A
Parking Spaces
2

Magic City Realtors

Broker
Magic City Realtors

 305-570-4898 

Inquire About this Property

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Property Description

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 Amenities

Interior Features

  • First Floor Entry
  • Second Floor Entry
  • Den/Library/Office
  • Family Room
  • Recreation Room
  • Utility Room/Laundry

Exterior Features

  • Fruit Trees
  • Open Balcony

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Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
12/18/2024 $720,000 $725,000 4 2
11/22/2024 $5,450,000 $5,799,900 6 4
11/18/2024 $560,000 $559,000 4 2
11/06/2024 $5,050,000 $5,722,000 3 4
10/25/2024 $3,400,000 $3,500,000 4 4
10/22/2024 $625,000 $649,900 3 2
10/21/2024 $5,500,000 $5,500,000 4 3
10/16/2024 $475,000 $489,999 3 2

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