35
Map
$28,000,000
●
House -
For Sale
650 Lugo Ave
Coral Gables, FL 33156
7 Beds
4 Baths,
1
Half Bath
9,287 Ft²
$151,461
Est. Monthly
About This Property
Tip of the World on Lugo Avenue.Gables by the Sea Breathtaking
location paired with a stunning contemporary residence. From every
room, enjoy unparalleled 360° views framed by floor-to-ceiling
impact glass windows & doors. The entrance door itself is a true
showpiece, opening into soaring ceilings & a seamless flow of
light-filled spaces. Choose your moment: sunrise, sunset ,the
sparkling Miami skyline by night.Elevated & elegant, master suite
features a spacious balcony overlooking Biscayne Bay. All-new.
All-white.Effortless floor plan designed for modern living.The pool
deck offers endless water views, complemented by a seawall . Gables
by the Sea is a gated community w/Coral Gables Police patrol. 24/7
security. 3D tours, Matterport & videos available. Come see it.
Fall in love.
Unit Size
9,287 Ft²
Days on Market
227 days
Land Size
0.40 acres
Price per sqft
$3,015
Property Type
House
Property Taxes
$13,976
HOA Dues
-
Year Built
2002
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Miami MLS #A11975789)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2026 | Listed by DLS International Realty | $28,000,000 | |
| Listed by DLS International Realty | |||
| Sep 13, 2025 | Listed | $29,900,000 | |
| Listed | |||
| | |||
|
Tip of the World on Lugo Avenue.Gables by the Sea
Breathtaking location paired with a stunning contemporary residence.
From every room, enjoy unparalleled 360° views framed by floor-to-ceiling impact glass windows & doors. The entrance door itself is a true showpiece, opening into soaring ceilings & a seamless flow of light-filled spaces.
Choose your moment: sunrise, sunset ,the sparkling Miami skyline by night.Elevated & elegant, master suite features a spacious balcony overlooking Biscayne Bay.
All-new. All-white.Effortless floor plan designed for modern living.The pool deck offers endless water views, complemented by a seawall .
Gables by the Sea is a gated community w/Coral Gables Police patrol. 24/7 security.
3D tours, Matterport & videos available. Come see it. Fall in love.
| |||
| Nov 29, 2022 | Sold | ||
| Sold | |||
| Nov 19, 2022 | No longer available | - | |
| No longer available | |||
| Oct 23, 2022 | Price Decreased |
$12,900,000
↓ $2M
(13.4%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Attached Garage
Has Open Parking
Parking Features: Circular Driveway, Guest, Paver Block, No Rv/Boats, No Trucks/Trailers
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Built-in Features, Vaulted Ceiling(s), Walk-In Closet(s), First Floor Entry, Closet Cabinetry, Split Bedroom, Den/Library/Office, Family Room
Appliances: Dryer, Refrigerator
Flooring Type: Marble, Ceramic Floor
Door Features: High Impact Doors
Exterior Details
Square Footage: 9287
Architectural Style: Contemporary, Attached, Two Story
Year Built: 2002
Waterfront Features: Ocean Access
Building Name: CORAL BAY SEC B
Building Area Total: 11744
Building Area Units: Square Feet
Window Features: Clear Impact Glass
Construction Materials: Concrete, CBS Construction
Patio and Porch Features: Open Balcony
Pool Features: In Ground
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Lot Size Area: 17250
Lot Size Units: Square Feet
Lot Size Acres: 0.396
Lot Size Square Feet: 17250
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $167,711
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Gables by The Sea
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Listed by: Brigitte De Langeron
DLS International Realty
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11975789
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
DLS International Realty
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11975789
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017