750 Lugo Avenue — principal view

Maison Azure — private collection

750 Lugo Avenue

$14,850,000

Coral Gables, FL

5 bd · 5 ba · 4,928 sf

Bedrooms
5
Bathrooms
5
Living area
4,928 sf
Lot
0.26 ac
Built
1988
Garage
2 cars
Price / sq ft
$3,013

The residence

Casa Dos Aguas - Rarely available, this extraordinary waterfront residence offers one of South Florida’s most coveted settings on a private peninsula within the exclusive, gated Gables by the Sea community in Coral Gables. It offers breathtaking open water views of Biscayne Bay to both the north and south, with a stunning downtown Miami skyline backdrop.Designed in the spirit of mid-century modern architecture, living areas are elevated on the second floor and additional bedrooms on the third - maximizing the spectacular panoramic bay views enjoyed from virtually every room. A three-story elevator provides effortless access throughout.Boasting 100 linear feet of deep-water frontage with no fixed bridges to Biscayne Bay, the property is a true yachtsman’s dream, capable of accommodating a large yacht with direct, unobstructed access to open water. The roof was redone in 2013 and has all-impact windows and doors.Designed for the South Florida lifestyle, the home features generous balconies to savor the constant bay breeze and sweeping water vistas, while the ground floor offers an expansive covered entertainment area perfect for hosting. The resort-style pool includes an in-pool spa and is heated for year-round enjoyment. Located just three properties in from the bay within one of Coral Gables’ most prestigious gated enclaves, this is a rare opportunity to own a true waterfront trophy property.

Cinematic tour ↗

Distinctions

Views

  • Pool
  • Bay
  • Ocean

Waterfront

  • Ocean Access
  • Bayfront
  • Ocean Front

Interior

  • Built-in Features
  • Elevator
  • Walk-In Closet(s)

Exterior

  • Awning(s)
  • Barbecue
  • Lighting

Club & amenities

  • Gated

Parking

  • Circular Driveway
  • Covered
  • Paver Block

The community

Coral Bay Sec B

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The setting

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Presented by

Compass Florida, LLC · Benjamin S Moss

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Listing courtesy of Compass Florida, LLC · Benjamin S Moss

Listing information is provided by BeachesMLS via the Spark Platform. All information is deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information.

Last updated 2026-07-06