$28,000,000
650 Lugo Avenue
Coral Gables, FL 33156
Explore the area: Coral Gables homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $28,000,000
- Price per sq ft
- $3,015
- Original price
- Unchanged
- Days on market
- 208
This 7-bedroom single-family home in Coral Bay Sec B is listed at $28,000,000, or $3,015 per square foot. It has been on the market for 208 days.
Estimated monthly payment
$147,152 /mo
Principal and interest only, based on $5,600,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $28,000,000
- Days on Site
- 208 Days
- Bedrooms
- 7
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 9,287 sqft
- Total Sq Ft
- 11,744 sqft
- Lot Size
- 0.4 Acres
- Year Built
- 2002
- Property Type
- Single Family
- MLS #
- A11975789
- Property Tax
- $167,711 (2025)
- Subdivision
- CORAL BAY SEC B
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Tip of the World on Lugo Avenue.Gables by the Sea Breathtaking location paired with a stunning contemporary residence. From every room, enjoy unparalleled 360° views framed by floor-to-ceiling impact glass windows & doors. The entrance door itself is a true showpiece, opening into soaring ceilings & a seamless flow of light-filled spaces. Choose your moment: sunrise, sunset ,the sparkling Miami skyline by night.Elevated & elegant, master suite features a spacious balcony overlooking Biscayne Bay. All-new. All-white.Effortless floor plan designed for modern living.The pool deck offers endless water views, complemented by a seawall . Gables by the Sea is a gated community w/Coral Gables Police patrol. 24/7 security. 3D tours, Matterport & videos available. Come see it. Fall in love.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2002
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 0
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Garage / Guest / Paver Block
- Direction Faces
- North
- Lot Size (Acres)
- 0.4
- Living Sq Ft
- 9,287
- Total Sq Ft
- 11,744
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Refrigerator
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Ceramic Tile / Marble
- Interior Features
- Bidet / Built In Features / Bedroom On Main Level / Breakfast Area / Closet Cabinetry / Dual Sinks / Living Dining Room / Main Level Primary / Split Bedrooms / Separate Shower / Tub Shower / Upper Level Primary / Vaulted Ceilings / Walk In Closets
- Total Rooms
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Barrel
- Exterior Features
- Balcony / Lighting / Outdoor Living Area
- Architectural Style
- Contemporary
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Open / Balcony
- Lot Features
- Quarter To Half Acre Lot
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Other
- Frontage
- Waterfront
- Frontage Length
- 200.00 ft
- View
- Bay
Community & HOA
- Community Features
- Street Lights
- Utilities
- Cable Available
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions / No Truck / No Trailer Parking
- MLS Area
- 2510
Schools
- Elementary School
- Pinecrest
- Middle School
- Palmetto
- High School
- Miami Palmetto
About the Community
Coral Bay Sec B is a luxury waterfront, luxury community in Coral Gables, Miami-Dade County, Florida. Properties are priced from $5,500,000 to $28,000,000. Pure Equity lists homes in Coral Bay Sec B 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
- 7
- Median List Price
- $19,737,500
- Median $/Sq Ft
- $3,014
- Avg Days on Market
- 261
Frequently Asked Questions
- How do I schedule a tour of 650 Lugo Avenue, Coral Gables, FL 33156?
- Use the Tour button on this listing to request a showing of 650 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 650 Lugo Avenue, Coral Gables, FL 33156 still available?
- 650 Lugo Avenue, Coral Gables, FL 33156 is currently listed as Active, and has been on the market 208 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 650 Lugo Avenue, Coral Gables, FL 33156?
- With 20% down ($5,600,000) on the $28,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 650 Lugo Avenue, Coral Gables, FL 33156 is about $147,152/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 650 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 650 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 650 Lugo Avenue, Coral Gables, FL 33156?
- 650 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 650 Lugo Avenue, Coral Gables, FL 33156?
- Often, yes. The right offer on 650 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 DLS International Realty
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.
$28,000,000
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Listed by Brigitte De Langeron, DLS International Realty
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Recent Sales
Recently sold homes in Coral Bay Sec B
These are the last 4 recorded closings in Coral Bay Sec B, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,605 per square foot. The most recent closed on August 21, 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$4,750,000
Sold · August 21, 2026
1115 San Pedro Avenue
4 bed · 3.5 bath · 2,960 sqft · $1,605/sqft
$749,000 under the asking price
Sold$5,875,000
Sold · June 5, 2026
1140 San Pedro Avenue
3 bed · 2 bath · 3,079 sqft · $1,908/sqft
$325,000 under the asking price
Sold$5,000,000
Sold · May 21, 2026
1145 San Pedro Avenue
4 bed · 4.5 bath · 3,601 sqft · $1,389/sqft
$175,000 under the asking price
Sold$6,850,000
Sold · March 19, 2026
1051 San Pedro Avenue
5 bed · 4.5 bath · 4,809 sqft · $1,424/sqft
$200,000 under the asking price
See every recorded sale in Coral Bay Sec B or find out what your Coral Bay Sec B home is worth.
