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1520 Lugo Avenue, Coral Gables, FL 33156
Active
78 Days on Market
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How this price compares

List price
$3,445,000
Price per sq ft
$1,130
Original price
$3,595,000
Days on market
78

This 4-bedroom single-family home in Coral Bay Sec C is listed at $3,445,000, or $1,130 per square foot. The asking price has come down 4.2% from its original $3,595,000. It has been on the market for 78 days.

4
Bedrooms
6
Bathrooms
3,048
Living Sq Ft
1973
Year Built

Estimated monthly payment

$18,105 /mo

Principal and interest only, based on $689,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$3,445,000
Days on Site
78 Days
Bedrooms
4
Total Baths
6
Full Baths
5
Partial Baths
1
Living Area
3,048 sqft
Total Sq Ft
3,624 sqft
Lot Size
0.28 Acres
Year Built
1973
Property Type
Single Family
MLS #
A12007587
Property Tax
$31,751 (2025)
Subdivision
CORAL BAY SEC C
County
Miami Dade
Status
Active

About This Property

Located in Gables by the Sea, this fully renovated waterfront home sits on a 12,300 sq ft lot. Finished in January 2026 with Coral Gables permits, updates include roof, plumbing, electrical, impact windows and doors, two A/C units, two water heaters, and a new driveway. The 3,048 sq ft (living area) layout includes 4 bedrooms with en-suite baths and walk-in closets, plus a den. Features include open living, electric shades, and a Lutron system. Brand new kitchen with Italian cabinetry and Thermador appliances. Remodeled pool, quartzite counter area with cabinetry and sink, and cabana bath. No ocean access

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General Features

Property Type
Single Family
Status
Active
Year Built
1973
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
2
Attached Garage
Yes
Parking
Attached / Driveway / Garage / Garage Door Opener / Parking Pad
Direction Faces
South
Lot Size (Acres)
0.28
Living Sq Ft
3,048
Total Sq Ft
3,624
Sewer
Public Sewer
Water Source
Public
Zoning
0100

Interior Features

Appliances
Dryer / Dishwasher / Electric Water Heater / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Water Purifier / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Wood
Interior Features
Wet Bar / Closet Cabinetry / Kitchen Island / Custom Mirrors / Main Level Primary / Split Bedrooms / Walk In Closets

Exterior Features

Construction
Block
Roof
Flat / Tile
Exterior Features
Lighting / Outdoor Living Area
Private Pool
Yes
Pool Features
Automatic Chlorination / Concrete / In Ground / Pool Equipment
Patio & Porch
Deck / Patio
Lot Features
Quarter To Half Acre Lot
Waterfront
Yes
Waterfront Features
Canal Front / Fixed Bridge / Seawall
Frontage
Waterfront
Frontage Length
100.00 ft
View
Canal / Water

Community & HOA

Association Amenities
Boating / Gated / Security
Community Features
Boat Facilities
Security
Security System / Fire Alarm / Smoke Detectors / Security Guard
Financing Terms
Conventional / FHA / Other / Va Loan
Restrictions
No Restrictions
MLS Area
2510

Schools

Elementary School
Pinecrest
Middle School
Palmetto
High School
Miami Palmetto

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
View all 5 homes for sale in Coral Bay Sec C →
How do I schedule a tour of 1520 Lugo Avenue, Coral Gables, FL 33156?
Use the Tour button on this listing to request a showing of 1520 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 1520 Lugo Avenue, Coral Gables, FL 33156 still available?
1520 Lugo Avenue, Coral Gables, FL 33156 is currently listed as Active, and has been on the market 78 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 1520 Lugo Avenue, Coral Gables, FL 33156?
With 20% down ($689,000) on the $3,445,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1520 Lugo Avenue, Coral Gables, FL 33156 is about $18,105/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1520 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 1520 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.
What schools serve 1520 Lugo Avenue, Coral Gables, FL 33156?
1520 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 1520 Lugo Avenue, Coral Gables, FL 33156?
Often, yes. The right offer on 1520 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 Beycome of 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 June 23, 2026.

$3,445,000

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Listed by Steven Koleno, Beycome of Florida LLC

Recently sold homes in Coral Bay Sec C

These are the last 4 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.

See every recorded sale in Coral Bay Sec C or find out what your Coral Bay Sec C home is worth.

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