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Property Description
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.
Full Property Details
Full Property Details for 750 Lugo Ave
General
- Price: $14,850,000
- Taxes: $129,853 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12029654
- Updated: 6/5/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Second Floor Entry, Built-in Features, Elevator, Walk-In Closet(s), Family Room
- Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
- Flooring: Marble, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower
Other Rooms
- Living Room: Family Room Sq. Ft.
- Dining Room: Dining/Living Room
Additional Information
- Pool: Yes
- Pool Description: Above Ground
Exterior
- Exterior Features: Barbecue, Lighting
- Deck/Patio: Awning(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Circular Driveway, Covered, Paver Block
Location
- Area: Coral Bay Sec B
- County: Miami-Dade County
- Subdivision: CORAL BAY SEC B
- Building Name: CORAL BAY SEC B
- Direction Faces: South
School Information
- Elementary School: Pinecrest
- Middle School: Palmetto
- High School: Miami Palmetto
Community
- Community Name: Coral Bay Sec B
- Gated community: Yes
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Three Or More Stories
- Structure Type: House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Flat Tile
- Building Size: 6196
- Square Feet: 4,928
- Living Area: 4,928 Sq. Ft.
- Year Built: 1988
Lot Features
- Property View: Bay, Ocean, Pool
- Lot Size (Sq. Ft.): 11,500
- Frontage: Bay
- Frontage Feet: 100
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 100
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $3,013.39
- Tax Amount: $129,853
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: CORAL BAY SEC B PB 65-115 LOT 31 BLK 3 LOT SIZE 100.000 X 115 OR 12516-1150 0585 1 COC 23397-2586 05 2005 1
- Restrictions: Ok To Lease
- Inclusions: Boat Hoists/Davits, Private Dock
- Property ID: 03-51-18-006-0310
Listed by Compass Florida, LLC
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Schools
Schools serving 750 Lugo Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Pinecrest Elementary School, Miami, FL 10250 Southwest 57th Avenue, Miami, FL 33156 | PK-5 | 1.9 mi |
Palmetto Middle School 7351 Sw 128th St, Miami, FL 33156 | 6-8 | 2.8 mi |
Miami Palmetto Senior High School 7460 Sw 118th St, Miami, FL 33156 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 750 Lugo Ave
Date
Details
Price
Change
Source
6/05/2026
Listed
$14,850,000
95.39%
MLS
4/27/2022
Sold
$7,600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 750 Lugo Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$129,853
-1%
$6,979,312
—
2024
$130,849
10%
$7,009,939
8%
2023
$119,377
176%
$6,465,566
184%
2021
$43,199
-3%
$2,277,199
-3%
2022
$44,317
3%
$2,345,514
4%
2021
$43,199
3%
$2,245,759
2%
2019
$41,875
4%
$2,195,268
2%
2018
$40,162
8%
$2,154,336
10%
2017
$37,084
—
$1,961,227
2%
2016
$36,922
-1%
$1,920,889
1%
2015
$37,384
-1%
$1,907,537
1%
2014
$37,708
-17%
$1,892,398
-17%
2013
$45,242
—
$2,275,039
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 750 Lugo Ave
750 Lugo Ave, Coral Gables, FL 33156 (MLS# A12029654) is a Single Family property with 5 bedrooms and 5 full bathrooms. 750 Lugo Ave is currently listed for $14,850,000 and was received on June 05, 2026. Want to learn more about 750 Lugo Ave? Do you have questions about finding other Single Family real estate for sale in Coral Gables? You can browse all Coral Gables real estate or contact a Coldwell Banker agent to request more information.

