Experience luxurious living in this stunning oversized corner lot with direct ocean access located in the prestigious gated community of Gables by the Sea. This 2-story home features a private boat dock accommodating up to two 75 ft boats and two 32 ft boats. Enjoy mesmerizing sunsets, sunrises, and dolphins passing by from the spacious backyard, perfect for entertaining with its ample patio space. The property includes 4 bedrooms, 2.5 bathrooms, and a 3-car garage, and has been thoughtfully designed and fully renovated less than a year ago with modern stainless steel appliances, impact windows, an emergency generator, and brand new air conditioning. The sizable driveway fits 4+ cars. Additionally, it offers easy access to Lugo Point and is surrounded by top-rated schools.
Sold for $6,200,000
$6,200,000
1220 Lugo Ave, Coral Gables, FL 33156
4beds
2,101sqft
Single Family Residence
Built in 1971
0.42 Acres Lot
$6,742,500 Zestimate®
$2,951/sqft
$6,783 Estimated rent
Home value
$6,742,500
$6.00M - $7.62M
$6,783/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Deanella Aldana 786-370-9564,
Casabella Miami Realty
Bought with:
Deanella Aldana, 3611299
Casabella Miami Realty
Source: MIAMI,MLS#: A11613330
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Other, Electric Range, Refrigerator, Washer
Features
- Flooring: Marble
- Doors: High Impact Doors
- Windows: Complete Impact Glass
Interior area
- Total structure area: 3,212
- Total interior livable area: 2,101 sqft
Property
Parking
- Total spaces: 3
- Parking features: Additional Spaces Available, Covered, Driveway, Garage Door Opener
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Stories: 2
- Entry location: First Floor Entry
- Patio & porch: Patio
- Exterior features: Other
- Has view: Yes
- View description: Bay, Canal, Water
- Has water view: Yes
- Water view: Bay,Canal,Water
- Waterfront features: WF/No Ocean Access, Canal Front, Navigable Water, Waterfront
- Frontage length: 0
Lot
- Size: 0.42 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, Oversized Lot
Details
- Parcel number: 0351180070010
- Zoning: 0100
- Other equipment: Other, Generator Hookup
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete Block Construction, CBS Construction
- Roof: Concrete
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: Gated, HOA
- Security: Smoke Detector
- Subdivision: Coral Bay Sec C
HOA
- Has HOA: No
Location
- Region: Coral Gables
Financial & listing details
- Price per square foot: $2,951/sqft
- Tax assessed value: $5,753,895
- Annual tax amount: $67,957
- Date on market: 6/25/2024
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2024 | Sold | $6,200,000-27.1%$2,951/sqft |
Source:  MIAMI #A11613330 Report a problem | ||
| 7/29/2024 | Pending sale | $8,500,000$4,046/sqft |
Source: MIAMI #A11613330 Report a problem | ||
| 7/3/2024 | Listed for sale | $8,500,000$4,046/sqft |
Source: MIAMI #A11613330 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $106,156 +38.9% | $5,753,895 +38.3% |
| 2024 | $76,414 +12.4% | $4,161,007 +12.2% |
| 2023 | $67,957 +365.9% | $3,708,137 +414.3% |
| 2022 | $14,586 +7.9% | $721,058 +3% |
| 2021 | $13,515 +1.1% | $700,057 +1.4% |
| 2020 | $13,369 +2% | $690,392 +2.3% |
| 2019 | $13,106 +4.1% | $674,870 +1.9% |
| 2018 | $12,588 | $662,287 +2.1% |
| 2017 | $12,588 +0.6% | $648,666 +2.1% |
| 2016 | $12,512 -0.2% | $635,325 +0.7% |
| 2015 | $12,533 +0.1% | $630,909 +0.8% |
| 2014 | $12,516 +3.8% | $625,902 +1.5% |
| 2013 | $12,059 0% | $616,653 +1.7% |
| 2012 | $12,059 +1.6% | $606,346 +3% |
| 2011 | $11,865 -4.7% | $588,686 +1.5% |
| 2010 | $12,449 +8.2% | $579,987 +2.7% |
| 2009 | $11,501 +5.7% | $564,740 +8.1% |
| 2007 | $10,880 -6.2% | $522,244 |
| 2006 | $11,600 | -- |
| 2005 | $11,600 +2.4% | -- |
| 2004 | $11,325 +4.4% | -- |
| 2003 | $10,844 +4.7% | -- |
| 2002 | $10,353 | -- |
| 2001 | $10,353 | -- |
Find assessor info on the county website
Neighborhood: Coral Bay
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Nearby schools
GreatSchools rating
- 9/10Pinecrest Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 8/10Palmetto Middle SchoolGrades: 6-8Distance: 2.1 mi
- 6/10Miami Palmetto Senior High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Pinecrest
- Middle: Palmetto
- High: Miami Palmetto
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$6,742,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$6,742,500
- Florida
- Miami-Dade County
- Coral Gables
- 33156
- Coral Bay
- 1220 Lugo Ave
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