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#A11766200, Carlos Calil, Listing office: MJ Estates, Inc.
Property details
About 650 Lugo Ave
Brand New Seawall just completed. Dock your vessel at Deering Bay Yacht Club until your brand new dock is ready. 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 with over 150 feet on the water, 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. Elevator. Elevated for storm protection. Dramatic 25-foot high ceilings. Rare opportunity to acquire a generational waterfront estate. Minutes to Signature FBO and MIA. No bridges to bay.
Highlights
Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingZoned
Size9,287 sqft
Year built2002
ParkingAttached, Covered, Driveway, Garage
MLS #A11742039
Attached garage2 spaces
WaterfrontBay Front, Ocean Access, Seawall
ViewBay, Ocean
Virtual tour
Summary
- Full Bathrooms: 7
- Flooring Type: Marble
- Interior: Second Floor Entry, First Floor Entry, Other
- Total Bedroom Count: 8
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Covered, Driveway, Garage
- Waterfront: Bay Front, Ocean Access, Seawall
- View: Bay, Ocean
- Exterior: Balcony, Fence, Fruit Trees, Security/High Impact Doors, Porch, Patio
- Architectural Style: Two Story
- Heating: Other
- Cooling: Zoned
- List Price: $29,900,000
- Price/SqFt: $3,219
- HOA Amount: $200 Annually
- Annual Tax Amount: $152,151
- Tax Year: 2023
- Year Built: 2002
- Stories: 2
- Living Area: 9,287 SqFt
- MLS Number: A11742039
- MLS Name: SEFMIAMI
- Office Name: Keller Williams Capital Realty
- Office Phone: (305) 662-7325
- Office Email: JoelD@kw.com
- Listing Agent: Jason Smith
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 4:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$29,900,000
650 Lugo Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $8,307,024 | $152,151 |
| 2022 | $6,552,080 | $119,563 |
| 2021 | $5,764,611 | $119,563 |
| 2020 | $4,350,220 | $110,484 |
| 2018 | $4,173,126 | $77,458 |
| 2017 | $4,087,293 | $77,747 |
History based on county public records data.
Nearby schools
10
Pinecrest Elementary School
Public District PK-5
2.0 mi
•10250 SW 57th Ave
10
Palmetto Elementary School
Public District PK-5
2.9 mi
•12401 SW 74th Ave
5
Howard Drive Elementary School
Public District PK-5
3.3 mi
•7750 SW 136th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $168,182. Residents of Coral Gables, FL typically earn between $100k-200k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
8%
<35k
6%
35k-100k
51%
100k-200k
35%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
16%
Single, No Kids
5%
Single, with Kids
41%
Married, No Kids
38%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
11%
12-17 yrs old
12%
18-34 yrs old
48%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Tennis
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Nordstrom
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 650 Lugo Ave
The listing price of 650 Lugo Ave property is $29,900,000.
The property 650 Lugo Ave is a house located in Coral Gables, Florida, 33156.
Active Listing: 650 Lugo Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 650 Lugo Ave are: Pinecrest Elementary School (GreatSchools Rating 10/10), Palmetto Elementary School (GreatSchools Rating 10/10), Howard Drive Elementary School (GreatSchools Rating 5/10), Palmetto Middle School (GreatSchools Rating 6/10), Somerset Academy Charter Middle School South Miami Campus (GreatSchools Rating 9/10), Southwood Middle School (GreatSchools Rating 8/10), Miami Palmetto Senior High School (GreatSchools Rating 6/10), International Studies Preparatory Academy (GreatSchools Rating 9/10), South Miami Senior High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $152,151 (source: MLS/based on county public records data).
The property at 650 Lugo Ave has 8 bedrooms and 7 bathrooms.
The property 650 Lugo Ave is 9,287 SqFt (source: MLS/tax record).
The year of construction for 650 Lugo Ave is 2002.
This home is located at 650 Lugo Ave in Coral Gables, FL and zip code 33156 in the Gables Bayfront neighborhood. This 9,287 square foot home was built in 2002. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $29,900,000.
In May 2025 more than 5 listings in Coral Gables, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 47 were sold below. Between April and May 2025, Coral Gables, FL real estate market has seen increase in the number of listings by 8.1%. The median list price of listings available in May 2025 was $1,395,000, while the average time on the real estate market was 76 days.
From Rocket Homes Real Estate and based on county public records data.