650 lugo avenueCoral Gables, FL 33156

$36,000,000Price
8Beds
7Baths
11,744 Sq.Ft.$3,065 / Sq.Ft.
11,744Sq.Ft.
$3,065per Sq.Ft.
OverviewLocationBuilding informationProperty InfoPublic Records
$36,000,000Price
8Beds
7Baths
11,744$3,065.4 / Sq.Ft.

650 lugo avenueCoral Gables, FL 33156

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 with over 120 feet on the water, 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. 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. Brand new modern seawall.

Property Details for 650 Lugo Avenue

  • Subdivision ComplexCORAL BAY SEC B,Gables by the Sea
  • Architectural StyleAttached, Two Story
  • ExteriorFruit Trees, Open Balcony
  • Num Of Garage Spaces2
  • Parking FeaturesCovered, Driveway
  • Property AttachedNo
  • Waterfront FeaturesOcean Access, Point Lot, Seawall

LISTING UPDATED:

  • StatusActive
  • MLS #A11742039
  • Days on Site90
  • Taxes$167,711 / year
  • HOA Fees$200 / year
  • MLS TypeResidential
  • Year Built2002
  • Lot Size0.40 Acres
  • CountryMiami-Dade County

Location

FLCoral Gables33156650 Lugo Avenue

Listing Courtesy of Keller Williams Capital Realty - Jason Smith

LISTING UPDATED:

  • StatusActive
  • MLS #A11742039
  • Days on Site90
  • Taxes$167,711 / year
  • HOA Fees$200 / year
  • MLS TypeResidential
  • Year Built2002
  • Lot Size0.40 Acres
  • CountryMiami-Dade County

Building Information for 650 Lugo Avenue

Payment Calculator

$205,600 per month30 year fixed, 7.00% Interest
Principal and Interest$191,607.12
Property Taxes$13,975.92
HOA Dues$16.67

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Property Information for 650 Lugo Avenue

Summary

Location and General Information

  • Community Features: Boating
  • View: Bay, Ocean
  • Coordinates: 25.6524218,-80.2666156

School Information

  • Elementary School: Pinecrest
  • Middle School: Palmetto

Taxes and HOA Information

  • Parcel Number: 03-51-18-006-0350
  • Tax Year: 2024
  • Tax 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

Virtual Tour

    Parking

    • Open Parking: Yes

    Interior and Exterior Features

    Interior Features

    • Cooling: Zoned
    • Heating: Other
    • Basement: None
    • Flooring: Marble
    • Interior Features: First Floor Entry, Second Floor Entry, Den/Library/Office, Family Room, Recreation Room, Utility Room/Laundry
    • Bathrooms Total Integer: 7
    • Bathrooms Total Decimal: 7

    Exterior Features

    • Construction Materials: CBS Construction
    • Fencing: Fenced
    • Patio And Porch Features: Open Balcony, Open Porch, Patio
    • Pool Features: Concrete
    • Roof Type: Barrel Roof
    • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
    • Pool Private: Yes

    Property

    Utilities

    • Sewer: Public Sewer
    • Water Source: Municipal Water

    Property and Assessments

    • Home Warranty: No

    Green Features

      Lot Information

      • Lot Features: 1/4 To Less Than 1/2 Acre Lot
      • Waterfront Footage: Ocean Access, Point Lot, Seawall

      Multi Family

      • Number of Units To Be Built: Square Feet

      Rental

      Rent Information

      • Land Lease: No

      Public Records for 650 Lugo Avenue

      Tax Record

      Home Facts