$11,600,000
$12,900,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
650 Lugo Ave Coral Gables, FL 33156
5 Beds
6 Baths
9,287 SqFt
Key Details
Sold Price $11,600,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 9,287 sqft
Price per Sqft $1,249
Subdivision Coral Bay Sec B
MLS Listing ID A11271594
Sold Date 11/17/22
Style Detached
Bedrooms 5
Full Baths 5
Half Baths 1
Construction Status Resale
HOA Y/N No
Year Built 2002
Annual Tax Amount $110,484
Tax Year 2021
Contingent Pending Inspections
Lot Size 0.396 Acres
Property Description
Stunning one-of-a-kind bayfront estate in the best location in the gated community of Gables By The Sea. Opportunity to purchase a unique open-bay home with 360 degrees of water views. The house is being sold AS Is with approved plans with the city of Coral Gables for a complete renovation. Perfect for a developer, investor, and waterfront lover to finish this incredible masterpiece. Permits for a new seawall and dock are almost ready!
Location
State FL
County Miami-dade County
Community Coral Bay Sec B
Area 51
Interior
Interior Features Second Floor Entry, Other
Heating Other
Cooling Other
Flooring Other
Window Features Impact Glass
Appliance None
Exterior
Exterior Feature Balcony, Fence
Garage Spaces 2.0
Pool In Ground, Pool
Community Features Gated
Waterfront Yes
Waterfront Description Bay Front,No Fixed Bridges,Ocean Access
View Y/N Yes
View Bay, Ocean
Roof Type Barrel
Porch Balcony, Open
Parking Type Driveway
Garage Yes
Building
Lot Description 1/4 to 1/2 Acre Lot, Sprinklers Automatic
Faces North
Sewer Public Sewer
Water Public
Architectural Style Detached
Level or Stories Three Or More
Structure Type Block
Construction Status Resale
Others
Senior Community No
Tax ID 03-51-18-006-0350
Security Features Gated Community
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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Bought with Compass Florida, LLC