750 Lugo Avenue, Coral Gables, FL 33156

5 bed · 5 bath · 4,928 sqft · Built 1988

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.

Property type

SingleFamilyResidence

Condition

Resale

Year built

1988

Stories

3

Roof

Flat,Tile

Subdivision

CORAL BAY SEC B

Waterfront

Yes

Waterfront features

Bayfront,OceanAccess,OceanFront

Private pool

Yes

Parcel number

0351180060310

Annual tax

$129,853

County just value

$6,979,312

Coral Gables — the City Beautiful — is Miami's prestige address. Historic Mediterranean estates, Granada Boulevard's tree canopy, and Biltmore-area golf frontage drive premia.