$36,000,000
For Sale

650 Lugo Avenue

Coral Gables, FL 33156
9287 sqft | 8 beds | 7 baths | #A11742039
Browse 95 photos
Type:Purchase
Structure:House
Zone:Residential

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 Details
      • InteriorFirst Floor Entry, Second Floor Entry, Den/Library/Office, Family Room, Recreation Room, Utility Room/Laundry
      • SubdivisionCORAL BAY SEC B, Gables by the Sea
      • Lot Description1/4 To Less Than 1/2 Acre Lot
      • Exterior MaterialsFruit Trees, Open Balcony
      • Property SubtypeSingle Family Residence
      • Parking TypeCovered, Driveway
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • Sewer InformationPublic Sewer
      • ViewBay, Ocean
      • Elementary SchoolPinecrest
      • MLS #A11742039
      • MLS #A11742039
      • Property TypePurchase
      • Middle SchoolPalmetto
      • Cost36000000
      • Structure TypeHouse
      • Square Feet9287
      • Year Built2002
      • Hoa Fees200
      • Bedrooms8
      • Bathrooms7
      • Full Baths7
      • Parking Spaces2
      • Waterfront1

Location

Peterson Pierre-Louis | Optimar International RealtyReal Estate Group

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