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650 Lugo Ave Coral Gables FL 33156 Sold 11/17/2022

Sold for $11,600,000
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~SOLD~
650 Lugo Ave, Coral Gables, FL 33156, Sold 11/17/22 650 Lugo Ave, Coral Gables, FL 33156, Sold 11/17/22 650 Lugo Ave, Coral Gables, FL 33156, Sold 11/17/22 650 Lugo Ave, Coral Gables, FL 33156, Sold 11/17/22

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
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Overview of 650 Lugo Ave

5 Bedrooms
5/1 Bathrooms
2 Car Garage
11,744 Square Feet
9,287SF Living Area
Pool:
No
Ocean Access
Year Built 2002

Don't miss this home for sale in Gables By The Sea! Stunning one-of-a-kind bayfront estate in the best location in the gated community of Gables By The Sea. Opportunity to purchase a unique open-bay home with 360 degrees of water views. The house is being sold as is with approved plans with the city of coral gables for a complete renovation. Perfect for a developer, investor, and waterfront lover to finish this incredible masterpiece. Permits for a new seawall and dock are almost ready!

This luxury single family home was built in 2002 and features 5 bedrooms, and 5 full bathrooms plus 1 half bath. This home for sale is 11,744 square feet, with 9,287 sq ft being air conditioned living space. The home has a 2 car garage and does not have a private swimming pool.

Stunning one-of-a-kind bayfront estate in the gated community of Gables By The Sea. Open Bay Home with approved plans ready for renovation.

Please contact your ZFC agent for more information about MLS# AX-11271594 or any other homes for sale in Coral Gables or elsewhere in the Miami-Dade County area.

Features & Amenities

Appliances

None

Architecture

Detached

Cooling

Other

Heating

Other

Flooring

Other

Parking

Driveway

Lot Size

17250 Square Feet

View

Bay, Ocean view

Construction Materials

Block

Security Features

Gated Community

Interior Features

Second Floor Entry, Other

Exterior Features

Balcony, Fence

Lot Features

Item14to12 Acre Lot, Sprinklers Automatic

Patio And Porch Features

Balcony, Open

Pool Features

In Ground, Pool

Roof

Barrel

Window Features

Impact Glass

Waterfront Features

Bay Front, No Fixed Bridges, Ocean Access

Year Built

2002

Annual Real Estate Taxes

$110,484 (2021)

Legal Description

Coral Bay Sec B Pb 65-115 Lot 35 & E1/2 Of Lot 34 Blk 3 Lot Size 150.000 X 115 Or 18889-2446 1199 1 & Or 18915-0861-1299-1

Property Type

Single Family Home

Buyer Financing

Cash

Community Features

Gated

Direction Faces

North

MLS Number

A11271594

Universal Property Id

U S-12086-N-0351180060350-R-N

Days On Market

1080

Community Name

Coral Bay Sec B

650 Lugo Ave Price Calculator

Get Mortgage Quote For This Home

The payment calculator figures for 650 Lugo Ave should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2021 which are $110,484 but will likely change when this home sells. These estimations are calculated from a list price of $12,900,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.

Recent Home Sales near 650 Lugo Ave

Address Sale Price Bed Bth Size Location Sale Date
1061 San Pedro Ave $Log in to view 5 5/1 5,095SF Coral Bay Sec B 01/15/2025
860 San Pedro Ave $Log in to view 4 3/0 4,877SF Coral Bay Sec B 05/21/2025
1140 San Pedro Ave $Log in to view 3 4/0 3,541SF Coral Bay Sec B 11/06/2024
10201 Sabal Palm Ave $Log in to view 5 5/2 11,734SF Snapper Creek Lakes 12/23/2024
5925 SW 114th Terr $Log in to view 5 6/2 9,721SF Bruce-laurie Sub 06/03/2025
6070 SW 128th St $Log in to view 5 6/0 9,206SF Mango Bay 02/28/2025
12101 Rock Garden Ln $Log in to view 6 5/2 9,261SF Town & Ranch Ests 09/24/2024
6445 SW 102nd St $Log in to view 6 5/1 9,018SF Avocado Land Co Sub 03/31/2025
6575 SW 96th St $Log in to view 7 8/1 9,878SF Unplatted 07/24/2025
6725 SW 92nd St $Log in to view 7 8/1 9,778SF Ludlam Acres 12/04/2024
12100 SW 60th Ct $Log in to view 8 7/1 9,697SF Unplatted 03/28/2025
5490 Hammock Dr $Log in to view 8 7/2 9,661SF Hammock Lakes 07/03/2025

MLS# AX-11271594 Listing History

12/31/1969 Listed for sale by Compass Florida, LLC with MLS# AX-11271594 with a list price of $14,900,000.
10/26/2022 MLS status changed to Under Contract.
11/17/2022 Sold For $11,600,000 by Alexandra Sierra with Compass Florida, LLC.

Miami-Dade County Schools

Elementary School

Middle School

This listing of 650 Lugo Ave Coral Gables FL 33156 was last updated on 2023-10-25 01:48:27. Listing courtesy of Compass Florida, LLC.
MLS

Map of 650 Lugo Ave Coral Gables FL 33156

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Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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