650 Lugo Avenue Open House

Coral Gables,FL 33156

$ 36000000

8 Beds

7 Baths

9287 SqFt


OPEN HOUSE

Thu Mar 27, 5:00pm - 8:00pm 

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 9,287 sqft

Price per Sqft $3,876

Subdivision Coral Bay Sec B

MLS Listing ID A11742039

Style Two Story

Bedrooms 8

Full Baths 7

HOA Fees $16/ann

Year Built 2002

Annual Tax Amount $167,711

Tax Year 2024

Lot Size 0.396 Acres

Property Sub-Type Single Family Residence

Property Description

Casa Mar...the ONLY waterfront home in Miami-Dade County that offers 300-degree views of Biscayne Bay. Nestled at the end of a peninsula in Coral Gables in a gated community, this trophy property is turnkey (fully remodeled in 2024). Enjoy the sensation of private island views in the middle of Biscayne Bay. Destined to be a storehouse of value for years to come. Ensuite bathrooms throughout. Elevator. Elevated for storm protection. Dramatic 25-foot high ceilings. Rare opportunity to acquire a generational waterfront estate. (New seawall to be completed by June 2025-see permit attached-over 150 ft on water). Owner/Seller financing available for up to 40% at 7% interest, w/ terms up to 36 months. Minutes to Signature FBO and MIA. No bridges to bay.

Location

State FL

County Miami-dade

Community Coral Bay Sec B

Area 51

Interior

Heating Other

Cooling Zoned

Flooring Marble

Laundry Washer Hookup,Dryer Hookup

Exterior

Exterior Feature Balcony,Fence,Fruit Trees,Security/High Impact Doors,Porch,Patio

Parking Features Attached

Garage Spaces 2.0

Pool Concrete,Pool

Community Features Boat Facilities

Utilities Available Cable Available

Waterfront Description Bayfront,Ocean Access,Point Lot,Seawall

View Y/N Yes

View Bay,Ocean

Roof Type Barrel

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

Schools

Elementary Schools Pinecrest

Middle Schools Palmetto

Others

Acceptable Financing Cash,Conventional,Owner May Carry,Other

Listing Terms Cash,Conventional,Owner May Carry,Other

Special Listing Condition Listed As-Is

Pets Allowed No

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