Cays Realty
1130 Lugo Ave, Coral Gables, FL 33156 — MLS photo

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1130 Lugo Ave, Coral Gables, FL 33156

Active · SingleFamilyResidence

$5,400,000

1130 Lugo Ave, Coral Gables, FL 33156

Beds
4
Baths
4
Living area
2,968 sq ft
$ / sq ft
$1,819/sq ft
Year built
1966
Lot size
11,500 sq ft
HOA fee
—
Annual tax
$52,423

About this property

Attention Boaters enthusiasts, NO BRIDGES TO BAY, Top of the line materials and finishes and detailed craftsmanship in this Georgian Contemporary revival 4 beds and 3- and 1/2-bathroom Residence. SMART HOME FEATURES: Voice activated Lutron System, controlling the lighting interior/exterior, iPad as Apple HomeKit hub, Built-in surround sound system throughout house and patio. Retractable built-in TV in the Main Bathroom jetted Bathtub and August Smart Looks and Ring Bell Camera, Video Security system on the interior and exterior of the property. Full of natural light, lower floor has an ample Living/Dining grand room overlooking the covered terrace overlooking the canal, ideal to enjoy the outside Florida living. Ample Docking and Lift SEE BROKER REMARKS.

Property location

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1130 Lugo Ave, Coral Gables, FL 33156

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
2,968 sq ft
Flooring
Hardwood, Marble, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central
Interior features
Bathtub, Closet Cabinetry, First Floor Entry, Living Dining Room, Upper Level Primary
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1966
Lot size
11,500 sq ft
Architectural style
Detached, Two Story
Roof
Concrete, Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Deck, Lighting, Security High Impact Doors
Pool
In Ground, Pool Equipment, Pool
Waterfront
Canal Access, Canal Front
View
Canal, Pool, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage, Parking Pad, Garage Door Opener

HOA, Community & Financials

Association fee
$0 Monthly
Security
Gated Community, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$52,423
Subdivision
CORAL BAY SEC B
County
Miami-Dade
Days on market
323
MLS listing ID
A11919339
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$14,945

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.9%
Gross yield
4.5%
Mortgage payment
$25,599/mo
Down payment
$1,350,000
Loan amount
$4,050,000
Annual NOI
$127,851

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.