650 Lugo Avenue, Coral Gables, FL 33156

MLS® ID: A11975789

About this home in Coral Gables

A magnificent opportunity awaits with this turnkey waterfront Single Family Residence, offering 7 bedrooms and 5 baths moments from the center of Coral Gables, Florida, presenting 9,287 sq ft of comfortable living area. The home sits on a 0.40-acre lot with dimensions of 17250, with total building area of 11,744 sq ft. Set in Coral Bay, residents enjoy Street Lights. Views include Bay. On the water, the property offers Bayfront. Outdoors, the pool area features In Ground. Outside, the property offers Lighting and Balcony. The home features Contemporary architecture with Block and CBS construction with a North-facing exposure under a Barrel roof. Inside, you'll find Built-in Features, Vaulted Ceiling(s), Walk-In Closet(s), Bedroom Layout - Split, and Closet Cabinetry. Floors are finished in Ceramic Tile and Marble. Climate is managed via Central Air and Electric cooling and Central and Electric heating. Currently active on the market; within a 55+ community; pets allowed; 231 days on market. An HOA applies to this property. The current owner's annual property tax bill is approximately $167,711. Priced at $28,000,000 (~$3,015/sqft). Financing options include Cash and Conventional.