$2,125,000
Sold · July 9, 2026
1500 Lugo Avenue
Coral Gables, FL 33156
Explore the area: Coral Gables homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $2,125,000
- Vs. list price
- 9.6% under
- Days on market
- 74
- Price per sq ft
- $846
This 4-bedroom single-family home in Coral Bay Sec C sold for $2,125,000 on July 9, 2026. That was 9.6% below its final list price of $2,350,000. It spent 74 days on the market. At $846 per square foot, it closed 41.7% below the $1,450 median of the 3 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $2,125,000
- Sold On
- July 9, 2026
- Days on Site
- 74 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 2,512 sqft
- Total Sq Ft
- 3,476 sqft
- Lot Size
- 0.28 Acres
- Year Built
- 1972
- Property Type
- Single Family
- MLS #
- A11975394
- Property Tax
- $35,171 (2025)
- HOA Fees
- $350 / Annually
- Subdivision
- CORAL BAY SEC C
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Nestled in the gated community of Gables by the Sea, this 4 bd 3 ba canal-front residence offers 100' of freshwater on a 12,300 sf lot with a circular brick driveway, creating a peaceful setting surrounded by lush landscaping & mature palm trees. This light-filled home offers an opportunity to refresh the existing charm of this well-constructed 1972 ranch style beauty. The floor plan includes 2 ensuite baths & generously sized closets. The gracious foyer entry welcomes you to formal living & dining areas & a family room w/direct pool/veranda access. The spacious white kitchen features a convenient pass-through bar opening directly to the pool/veranda & ready for new owner personal touches. Additional highlights include impact glass & custom plantation shutters. A 2-car garage includes a laundry area with washer/dryer & utility sink. Outdoor living is peaceful & inviting, featuring a screened 30x15 pool overlooking the freshwater canal, a veranda w/ceiling fans, & cabana bath for added convenience. The lush yard offers plenty of green space to relax & play while enjoying tranquil waterfront views. The private seawall and dock create the perfect launch point for paddle boarding, kayaking, or canoeing on the freshwater. No ocean access. Ideally located near the area’s finest parks, marinas, and amenities. Residents of the gated community also enjoy a neighborhood park with a playground, gazebo for gatherings, open grass field, and basketball court, all near top-rated schools.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1972
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Driveway / Garage / Garage Door Opener
- Direction Faces
- North
- Lot Size (Acres)
- 0.28
- Living Sq Ft
- 2,512
- Total Sq Ft
- 3,476
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Electric Water Heater
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile / Tile
- Interior Features
- Breakfast Bar / Bedroom On Main Level / Bathtub / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Eat In Kitchen / Jetted Tub / Soaking Tub / Separate Shower / Stacked Bedrooms / Walk In Closets
- Laundry
- In Garage
- Windows
- Plantation Shutters
- Total Rooms
- 1
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Flat / Tile
- Exterior Features
- Lighting / Outdoor Living Area
- Architectural Style
- Ranch
- Private Pool
- Yes
- Pool Features
- Concrete / In Ground / Pool Equipment / Screen Enclosure
- Patio & Porch
- Deck / Patio
- Lot Features
- Quarter To Half Acre Lot
- Waterfront
- Yes
- Waterfront Features
- Canal Front
- Frontage
- Waterfront
- Frontage Length
- 100.00 ft
- View
- Canal / Water
Community & HOA
- HOA Fee
- $350 / Annually
- Association Amenities
- Gated
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2510
Schools
- Elementary School
- Pinecrest
- Middle School
- Palmetto
- High School
- Miami Palmetto
About the Community
Coral Bay Sec C is a luxury waterfront, luxury community in Coral Gables, Miami-Dade County, Florida. Properties are priced from $2,400,000 to $6,900,000. Pure Equity lists homes in Coral Bay Sec C and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 5
- Median List Price
- $3,390,000
- Median $/Sq Ft
- $1,112
- Avg Days on Market
- 76
Frequently Asked Questions
- How do I schedule a tour of 1500 Lugo Avenue, Coral Gables, FL 33156?
- Use the Tour button on this listing to request a showing of 1500 Lugo Avenue, Coral Gables, FL 33156. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1500 Lugo Avenue, Coral Gables, FL 33156 still available?
- 1500 Lugo Avenue, Coral Gables, FL 33156 is currently listed as Sold, and has been on the market 74 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1500 Lugo Avenue, Coral Gables, FL 33156?
- With 20% down ($470,000) on the $2,350,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1500 Lugo Avenue, Coral Gables, FL 33156 is about $12,350/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1500 Lugo Avenue, Coral Gables, FL 33156?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1500 Lugo Avenue, Coral Gables, FL 33156. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1500 Lugo Avenue, Coral Gables, FL 33156 have an HOA fee?
- Yes: 1500 Lugo Avenue, Coral Gables, FL 33156 carries an HOA fee of about $350 annually. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1500 Lugo Avenue, Coral Gables, FL 33156?
- 1500 Lugo Avenue, Coral Gables, FL 33156 is zoned for Pinecrest (elementary), Palmetto (middle), Miami Palmetto (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1500 Lugo Avenue, Coral Gables, FL 33156?
- Often, yes. The right offer on 1500 Lugo Avenue, Coral Gables, FL 33156 depends on how it's priced against comparable single family sales in Coral Gables, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$2,125,000
Own a home nearby?
This sale is now a comparable for every home around it. Get a free estimate of what yours would sell for today.
Listed by Nancy Sanabria, Compass Florida, LLC
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in Coral Bay Sec C
These are the last 3 recorded closings in Coral Bay Sec C, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,450 per square foot. The most recent closed on July 10, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$5,930,000
Sold · July 10, 2026
12991 Lerida Street
4 bed · 4.5 bath · 3,668 sqft · $1,617/sqft
$970,000 under the asking price
Sold$2,635,000
Sold · May 29, 2026
1511 Agua Avenue
5 bed · 4 bath · 3,723 sqft · $708/sqft
$255,000 under the asking price
Sold$6,350,000
Sold · February 4, 2026
1300 Lugo Avenue
5 bed · 4 bath · 4,379 sqft · $1,450/sqft
$355,000 over the asking price
See every recorded sale in Coral Bay Sec C or find out what your Coral Bay Sec C home is worth.
