Unimproved Land For Sale

720 Lugo Avenue, Coral Gables, FL 33156

$19,800,000
Property Description

“My Paradise” lives up to its name. Double waterfront parcels. Set on a remarkable 32,025 SF lot with 250 feet of unobstructed, pristine waterfront views on both sides, this exceptional property presents a rare opportunity to create a world-class estate with unparalleled redevelopment flexibility, privacy, and natural beauty. Capturing breathtaking sunrise-to-sunset views across Biscayne Bay, Downtown Miami, Miami Beach, and Key Biscayne, it is privately positioned at the end of Lugo Avenue. The resort-style grounds feature lush tropical landscaping, wooden and coral stone walkways, a gazebo, sandy beach, summer kitchen, and tranquil fountains. An elevated pool deck with glass railings frames sweeping bay and island vistas. A true yachtsman’s retreat, the property includes a 66-foot dock with boat lift, a spacious boathouse, and plans in progress to extend to 100 feet. Ideally located just minutes from Coconut Grove, Downtown Miami, Miami Beach, and Miami International Airport, and close to fine dining, premier shopping, cultural and sporting venues, and top-rated schools. This offering represents an extraordinary opportunity to develop a landmark waterfront estate in one of Miami’s most coveted locations.

Basic Details
Listing Type : For Sale
Price : $19,800,000
View : Bay, Ocean
Property Sub Type : Unimproved Land
Features
Public Sewer
Location
US
FL
Miami-Dade
Coral Gables
33156
2510
720 Lugo Avenue, Coral Gables, Florida 33156
Extended Details
Virtual Tour URL
CORAL BAY SEC B
05.05.2026
Pinecrest
Palmetto
Miami Palmetto
Yes
Cable Available, Electricity Available, Other, Sewer Available, Water Available
City Lot,Irregular Lot,Oversized Lot,Other
32025
32025
North
0100
$0
Coldwell Banker Realty
Jill H Eber
1
SEF0650944
SEFCBRE52
Other,Residential,Single Family
32025
Active
2026-05-05
2026-05-05T00:00:00Z
68572
Public
Judith H Zeder
Coldwell Banker Realty
Beaches
Property TypeUnimproved Land
StatusActive
Listing IDA12013324
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

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