650 Lugo Ave, Coral Gables, FL, 33156
About This Home
Tip of the World on Lugo Avenue.Gables by the Sea Breathtaking location paired with a stunning contemporary residence. From every room, enjoy unparalleled 360° views framed by floor-to-ceiling impact glass windows & doors. The entrance door itself is a true showpiece, opening into soaring ceilings & a seamless flow of light-filled spaces. Choose your moment: sunrise, sunset ,the sparkling Miami skyline by night.Elevated & elegant, master suite features a spacious balcony overlooking Biscayne Bay. All-new. All-white.Effortless floor plan designed for modern living.The pool deck offers endless water views, complemented by a seawall . Gables by the Sea is a gated community w/Coral Gables Police patrol. 24/7 security. 3D tours, Matterport & videos available. Come see it. Fall in love.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2002
Materials
- Roof: Barrel Roof
- Construction materials: Concrete Block Construction,CBS Construction
Type & Style
- Home type: SingleFamily
- Architectural style: Modern/Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Built-in Features,Closet Cabinetry,Split Bedroom,Vaulted Ceiling(s),Walk-In Closet(s)
- Door features: High Impact Doors
- Window features: Clear Impact Glass
- Flooring: Ceramic Tile,Marble
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 11,744
- Total interior livable area: 9,287 sqft
Property
Details
- Parcel number: 0351180060350
- Zoning: 0100
Features
- Stories: 2
- Entry location: First Floor Entry
- Private pool: Yes
- Pool features: In Ground
- Exterior features: Lighting,Balcony
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- On waterfront: Yes
- Waterfront features: Ocean Access,WF/Pool/Ocean Access,Bay
- Frontage type: Bay/Harbor
- Frontage length: 200
Lot
- Lot size: 0.40 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Parking
- Parking features: Circular Driveway,Guest,Paver Block,No Rv/Boats,No Trucks/Trailers
- Has garage: Yes
- 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 | $141,583 | $1,698,996 |
| Home Insurance * | $26,472 | $317,664 |
| Property Taxes | $42,473 | $509,676 |
| Electricity | $934 | $11,215 |
| Total | $211,462 | $2,537,544 |
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 |
|---|---|---|
| 2026-03-03 | Listed for sale | $28,000,000 |
| 2026-02-06 | Listing removed | $29,900,000 |
| 2025-09-16 | Listed for sale | $29,900,000 |
| 2025-08-18 | Listing removed | $29,900,000 |
| 2025-06-06 | Price change | $29,900,000 |
| 2024-12-04 | Listed for sale | $36,000,000 |
| 2022-11-17 | Sold | $11,600,000 |
| 2022-10-26 | Contingent | $12,900,000 |
| 2022-10-22 | Price change | $12,900,000 |
| 2022-09-16 | Listed for sale | $14,900,000 |
| 2020-12-11 | Sold | $7,300,000 |
| 2020-10-27 | Pending sale | $7,999,000 |
| 2020-05-19 | Listed for sale | $7,999,000 |
| 2020-02-12 | Listing removed | $7,999,000 |
| 2019-07-17 | Listed for sale | $7,999,000 |
| 2017-04-30 | Listing removed | $6,499,000 |
| 2016-12-13 | Price change | $6,499,000 |
| 2016-05-19 | Listed for sale | $6,890,000 |
| 1999-12-04 | Sold | $957,000 |
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