Single-family home for sale

$14,850,000

750 Lugo AveCoral Gables, FL 33156

  • 5 Beds
  • 5 Baths
  • 4,928 Sq ft
  • 11,500 Lot sq ft
  • 1988 Built

About this home

Casa Dos Aguas - Rarely available, this extraordinary waterfront residence offers one of South Florida’s most coveted settings on a private peninsula within the exclusive, gated Gables by the Sea community in Coral Gables. It offers breathtaking open water views of Biscayne Bay to both the north and south, with a stunning downtown Miami skyline backdrop.

Designed in the spirit of mid-century modern architecture, living areas are elevated on the second floor and additional bedrooms on the third - maximizing the spectacular panoramic bay views enjoyed from virtually every room. A three-story elevator provides effortless access throughout.

Boasting 100 linear feet of deep-water frontage with no fixed bridges to Biscayne Bay, the property is a true yachtsman’s dream, capable of accommodating a large yacht with direct, unobstructed access to open water. The roof was redone in 2013 and has all-impact windows and doors.

Designed for the South Florida lifestyle, the home features generous balconies to savor the constant bay breeze and sweeping water vistas, while the ground floor offers an expansive covered entertainment area perfect for hosting. The resort-style pool includes an in-pool spa and is heated for year-round enjoyment. Located just three properties in from the bay within one of Coral Gables’ most prestigious gated enclaves, this is a rare opportunity to own a true waterfront trophy property.

Details

MLS #
A12029654
Property type
Single-family home
Status
Active
Days on market
98
Neighborhood
CORAL BAY SEC B
County
Miami-Dade County
Property taxes
$129,853 (2025)
Waterfront
Yes
Private pool
No
View
Bay, Ocean, Pool
Garage spaces
2
Cooling
Central Air, Electric
Interior features
Second Floor Entry, Built-in Features, Elevator, Walk-In Closet(s), Family Room
Exterior features
Barbeque, Lighting
Appliances
Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer

Location

Estimated payment

$85,911/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Compass Florida, LLC · Benjamin Moss. Listing last updated September 11, 2026 3:28 PM.

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The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 24, 2026 1:52 AM.

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