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Sold for $2,125,000
  • $2,125,000

    1500 Lugo Ave, Coral Gables, FL 33156

    4beds
    2,512sqft
    Single Family Residence
    Built in 1972
    0.28 Acres Lot
    $2,124,500 Zestimate®
    $846/sqft
    $7,916 Estimated rent

    Home value

    $2,124,500

    $1.87M - $2.42M

    $7,916/mo

    Zestimate® history
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    What's special

    Tranquil waterfront viewsSpacious white kitchenImpact glassCustom plantation shuttersLight-filled homeGracious foyer entryPrivate seawall and dock
    Nestled in the gated community of Gables by the Sea, this 4 bd 3 ba canal-front residence offers 100' of freshwater on a 12,300 sf lot with a circular brick driveway, creating a peaceful setting surrounded by lush landscaping & mature palm trees. This light-filled home offers an opportunity to refresh the existing charm of this well-constructed 1972 ranch style beauty. The floor plan includes 2 ensuite baths & generously sized closets. The gracious foyer entry welcomes you to formal living & dining areas & a family room w/direct pool/veranda access. The spacious white kitchen features a convenient pass-through bar opening directly to the pool/veranda & ready for new owner personal touches. Additional highlights include impact glass & custom plantation shutters. A 2-car garage includes a laundry area with washer/dryer & utility sink. Outdoor living is peaceful & inviting, featuring a screened 30x15 pool overlooking the freshwater canal, a veranda w/ceiling fans, & cabana bath for added convenience. The lush yard offers plenty of green space to relax & play while enjoying tranquil waterfront views. The private seawall and dock create the perfect launch point for paddle boarding, kayaking, or canoeing on the freshwater. No ocean access. Ideally located near the area’s finest parks, marinas, and amenities. Residents of the gated community also enjoy a neighborhood park with a playground, gazebo for gatherings, open grass field, and basketball court, all near top-rated schools.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nancy Sanabria 305-785-4491,

    Compass Florida, LLC,

    Eric Sanabria 305-761-4277,

    Compass Florida, LLC

    Bought with:

    Gilma Carreras, 3278788

    Compass Florida, LLC

    Osmany Mondaca, 3211900

    Compass Florida, LLC

    Source: MIAMI,MLS#: A11975394MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Family Room
    Heating
    • Central, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Garage
    Features
    • Closet Cabinetry, Entrance Foyer, Stacked Bedroom, Walk-In Closet(s)
    • Flooring: Ceramic Tile, Tile
    • Doors: High Impact Doors, French Doors
    • Windows: Clear Impact Glass, Hurricane Shutters, Plantation Shutters
    Interior area
    • Total structure area: 3,476
    • Total interior livable area: 2,512 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Driveway, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Entry location: Foyer
    • Patio & porch: Deck, Patio
    • Exterior features: Lighting
    • Has private pool: Yes
    • Pool features: In Ground, Concrete, Equipment Stays, Screen Enclosure
    • Has view: Yes
    • View description: Canal, Water
    • Has water view: Yes
    • Water view: Canal,Water
    • Waterfront features: WF/Pool/No Ocean Access, Canal Front
    • Frontage length: 100
    Lot
    • Size: 0.28 Acres
    • Dimensions: 100 x 123
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 0351180070130
    • Zoning: 0100

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • CBS Construction
    • Roof: Flat Tile
    Condition
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: Gated, HOA, Card/Electric Gate
    • Subdivision: Coral Bay Sec C
    HOA
    • Has HOA: Yes
    • HOA fee: $350 annually
    Location
    • Region: Coral Gables

    Financial & listing details

    • Price per square foot: $846/sqft
    • Tax assessed value: $1,818,707
    • Annual tax amount: $35,171
    • Date on market: 3/13/2026
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    7/9/2026Sold$2,125,000-9.6%$846/sqft
    Source: MIAMI #A11975394 Report a problem
    6/26/2026Pending sale$2,350,000$936/sqft
    Source: MIAMI #A11975394 Report a problem
    3/14/2026Listed for sale$2,350,000+446.5%$936/sqft
    Source: MIAMI #A11975394 Report a problem
    5/4/1999Sold$430,000$171/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$35,171 +1.9%$1,818,707 0%
    2024$34,531 +276.3%$1,819,088 +237.9%
    2023$9,178 -8.8%$538,337 +3%
    2022$10,063 +1.7%$522,658 +3%
    2021$9,900 +1.1%$507,435 +1.4%
    2020$9,794 +2%$500,429 +2.3%
    2019$9,603 +4%$489,178 +1.9%
    2018$9,231 $480,057 +2.1%
    2017$9,231 +0.5%$470,184 +2.1%
    2016$9,182 +0.2%$460,514 +0.7%
    2015$9,164 +0.7%$457,313 +0.8%
    2014$9,102 +3.8%$453,684 +1.5%
    2013$8,767 $446,980 +1.7%
    2012$8,767 +1.7%$439,509 +3%
    2011$8,617 -4.3%$426,708 +1.5%
    2010$9,007 +12.3%$420,402 +6.4%
    2009$8,024 +4.5%$395,077 +10.3%
    2007$7,677 -5.5%$358,188
    2006$8,126 --
    2005$8,126 +2.6%--
    2004$7,921 +4.5%--
    2003$7,579 +4.8%--
    2002$7,231 --
    2001$7,231 --
    Find assessor info on the county website

    Neighborhood: Coral Bay

    Nearby schools

    GreatSchools rating
    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
    $2,124,500
    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
    $2,124,500