720 Lugo Avenue, Coral Gables, FL 33156

MLS® ID: A11953949

About this home in Coral Gables

Step inside this stunning turnkey oceanfront Single Family Residence configured with 5 bedrooms and 5 baths ideally positioned in one of Coral Gables's established corridors, presenting 3,968 sq ft of comfortable living area. Within Coral Bay, residents have access to Gated. The home features CBS construction with a North-facing exposure under a Concrete roof. The home sits on a 0.74-acre lot, with total building area of 4,645 sq ft. Interior highlights include Built-in Features, Entrance Foyer, Wet Bar, Walk-In Closet(s), and Custom Mirrors. Floors are finished in Tile and Wood. The home is served by Central Air and Electric cooling and Central and Electric heating. The property overlooks Pool, Bay, and Direct Ocean. On the water, the property offers Ocean Access, Bayfront, and Ocean Front. Outdoors, the pool area features Above Ground. Outside, the property offers Lighting. The current owner's annual property tax bill is approximately $68,572. Priced at $19,800,000 (~$4,990/sqft) following a reduction from $22,500,000. The seller accepts Cash and Conventional. Currently active on the market; 257 days on market. An HOA applies to this property.