
$14,850,000
Single Family ResidenceActive750 Lugo Ave, Coral Gables FL 33156
MLS #A12029654About This Property
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.
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About Pinecrest
Pinecrest is one of Miami-Dade's most affluent residential villages, built around acre-plus lots, mature tropical landscaping, and highly-rated public and private schools. Pinecrest Gardens - the former Parrot Jungle - hosts a weekly farmers market and community events, while Fairchild Tropical Botanic Garden anchors the village's natural identity. This is a primary-home market for established families willing to pay for space, privacy, and school quality.
Property Details
Property Type
Single Family Residence
Year Built
1988
Living Area
4,928 sq ft
Lot Size
11,500 sq ft
Bedrooms
5
Bathrooms
5
Garage
2 Spaces
Pool
No
Waterfront
Yes
Cooling
Central Air, Electric
Heating
Central, Electric
Roof Type
Flat Tile
Flooring
Marble, Tile, Wood
Construction
CBS Construction
Style
Detached, Three Or More Stories
HOA Fee
None
Annual Taxes
$129,853 (2025)
Days on Market
1
MLS #
A12029654
Features & Amenities
Interior
Appliances
Exterior
Community
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Pinecrest
Location
City
Coral Gables
State
FL
ZIP Code
33156
County
Miami-Dade County
Listing provided by Benjamin Moss at Compass Florida, LLC. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12029654.