Property details
About 650 Lugo Ave
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.
Highlights
Virtual tour
Summary
- 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: 3/12/2025, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$36,000,000
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. Most Coral Gables, FL residents have annual incomes between $100k-200k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
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
Frequently asked questions
About 650 Lugo Ave
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 $36,000,000.
In February 2025, from all listings sold in Coral Gables, FL there were more than 0 sold above asking price, over 35 sold below and more than 3 were sold right at the asked price. Between January and February 2025, Coral Gables, FL real estate market has seen increase in the number of listings by 10.7%. In February 2025 median list price was $1,321,857 and the average listing age was 86 days.