750 Lugo Ave, Coral Gables, FL, 33156
About This Home
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.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1988
Materials
- Roof: Flat Tile
- Construction materials: CBS Construction
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Gas Range,Microwave,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Features
- Built-in Features,Elevator,Walk-In Closet(s)
- Flooring: Marble,Tile,Wood
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 6,196
- Total interior livable area: 4,928 sqft
Property
Details
- Parcel number: 0351180060310
- Zoning: 0100
Features
- Levels: Three Or More
- Entry location: Second Floor Entry
- Private pool: Yes
- Pool features: Above Ground
- Patio & porch: Awning(s)
- Exterior features: Barbecue,Lighting
- Has view: Yes
- View description: Bay,Ocean,Pool
- Has water view: Yes
- Water view: Bay,Ocean
- On waterfront: Yes
- Waterfront features: Ocean Access,Ocean Front,WF/Pool/Ocean Access,Bay
- Frontage type: Bay/Harbor
- Frontage length: 100
Lot
- Lot size: 0.26 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Parking
- Total spaces: 2
- Parking features: Circular Driveway,Covered,Paver Block
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Inland Flooding
- Cold Wave
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $75,089 | $901,068 |
| Home Insurance * | $14,039 | $168,468 |
| Property Taxes | $22,945 | $275,340 |
| Electricity | $495 | $5,951 |
| Total | $112,568 | $1,350,816 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-05 | Listed for sale | $14,850,000 |
| 2022-05-04 | Sold | $7,600,000 |
| 2022-04-01 | Pending sale | $7,000,000 |
| 2022-03-28 | Listed for sale | $7,000,000 |
| 2005-05-23 | Sold | $2,780,000 |
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