Search Land - Vacant Land in Coral Gables
Vacant Land in Coral Gables
$19,800,000|Listed: May 5, 2026
MLS#470660089
720 Lugo Ave, Coral Gables, Florida
Status:Active
Property Type
- Acreage
Acreage
0.74 acres
Format
Sale
Features
- Ocean Frontage
Description
"My Paradise" lives up to its name. 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.
Listing Agent
Jill Eber
615-Coldwell Banker Realty - Florida
Miami Beach, Florida
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