Luxury Home
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Listing courtesy of Coldwell Banker Realty
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Beds
5
Baths
3,968
SQUARE FEET
Single Family Residence
Type
1972
Built
Listing courtesy of
Coldwell Banker Realty
Jill Eber
MLS® #A11953949
Listing information last updated June 16, 2026
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Overview
This single family residence in Pinecrest has 5 bedrooms and 5 bathrooms across 3,968 square feet, and is listed for sale at $19,800,000 (about $4,990 per square foot). Built in 1972.
“My Paradise” earns its name! This 5BR/5BA estate sits on a 32,025 SF lot with 250’ of unobstructed pristine waterfront views on both sides, capturing mesmerizing sunrise-to-sunset across Biscayne Bay, Downtown, Miami Beach & Key Biscayne. Privately positioned at Lugo Avenue’s dead end, resort-style grounds feature lush landscaping, wooden & coral walkways, gazebo, sand beach, summer kitchen & serene fountains. Elevated pool deck w/glass railings frame sweeping bay & island vistas. Spacious open living room w/pitched wood-beam ceilings, skylights, formal dining, kitchen w/Bosch & Sub-Zero appliances. Principal suite offers amazing bayside views & spa bath. A yachtsman’s dream includes 66’ dock w/lift, boathouse & plans in progress to extend to 100’. Minutes to dining, shops, & top schools.
Listing history
Price reduced
↓ $2,700,000 from $22,500,000 · May 4, 2026 · MIAMI MLS
$19,800,000
Listed for sale
Feb 4, 2026 · MIAMI MLS
$22,500,000
Days on market
as of today
168 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$68,572
Association type
None
Waterfront
Ocean Access, Ocean Front
Pets
Allowed (verify restrictions)
FEMA flood zone
VE
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11953949
Price$19,800,000
Size3,968 Square Feet
Bedrooms5
Bathrooms5
Garage1
Year built1972
TypeSingle Family Residence
StatusFor Sale
Price / Square Feet$4,990
Flood zoneVE
Features & amenities
Built-in Features
Custom Mirrors
Dishwasher
Disposal
Dryer
Entrance Foyer
First Floor Entry
Gas Range
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Waterfront
Lighting
Microwave
Open Parking
Other
Other Equipment/Appliances
Refrigerator
Skylight
Utility Room/Laundry
Walk-In Closet(s)
Wall Oven
Washer
Wet Bar
Location
720 Lugo Ave, Coral Gables FL 33156
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Down (20%)—
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 168 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.