NOT LISTED FOR SALE

1160 Lugo Ave Coral Gables, FL 33156

Gables By The Sea Neighborhood

Estimated Value: $4,697,000 - $6,192,000

4 Beds
4 Baths
4,060 Sq Ft
$1,331/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $2,723,950 $671 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $34,981/month

128 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Property has ocean access
  • Bay View
  • Pinecrest Elementary School Rated A
  • Private Pool
  • 1-minute walk to Coral Bay Park

About This Home

As of August 2021

Gables By The Sea perfectly upgraded 4/4 waterfront home with direct access to Biscayne Bay.Beautiful views of entire canal. No Bridges to Bay. Completely remodeled/updated in 2018 down to its bare bones.New plumbing, new electrical new A/C & hurricane impact windows. Smart Home w Sonos surround sound & camera security system throughout. Water filtration system, new sprinklers. Home is meticulously done, large eat-in kitchen, Master suite/loft where you can sit and enjoy beautiful sunrise mornings. Living room w working fireplace/ adjacent to large family room. Breezy outdoor terrace & new mosquito repellent system all done to enjoy outdoor Miami living. New boat lift. Gables By the Sea an upscale gated community with pedestrian/dog friendly streets & a community park. Welcome to Paradise!

Last Agent to Sell the Property

Greg Sullivan

ByOwner.Com License #3014237 Listed on: 03/17/2021

Last Buyer's Agent

Leah vanon

United Realty Group, Inc License #3366889

United Realty Group, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,719

Year Built

  • Built in 1975

Lot Details

  • 0.32 Acre Lot
  • 50 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home
  • Fenced
  • Sprinkler System
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Property Views

  • Bay
  • Canal

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,060 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Den
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Patio

Location

  • Flood Zone Lot

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-0020

Community Details

Recreation

  • Community Playground

Additional Features

  • Coral Bay Sec B Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,719

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1975
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, First Floor Entry, Fireplace, Upper Level Master, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 4060.0
  • Dining Room Type: Den, Family Room

Exterior Features

  • Exterior Features: Fence, Lighting, Patio
  • View: Bay, Canal
  • Road Frontage Type: Waterfront
  • Lot Features: Flood Zone, 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: In Ground, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Boat Ramp/Lift Access, Canal Front, Dock Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Brick, Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage

Utilities

  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Playground
  • Senior Community: No

Lot Info

  • Parcel #: 03-51-18-006-0020
  • Lot Size Sq Ft: 13854.0
  • Zoning Description: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 20719.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jul 22, 2021
Sold by
Romano Ricardo and Romano Carolina M
Bought by
Rosario Mario P and Rosario Suraia
Seller's Agent
Greg Sullivan
ByOwner.Com
Buyer's Agent
Leah vanon
United Realty Group, Inc
List Price
$3,199,000
Sold Price
$2,723,950
Premium/Discount to List
-$475,050
-14.85%
Current Estimated Value
$5,403,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,679,209
Avg. Annual Appreciation
18.64%
Original Mortgage
$1,634,370
Outstanding Balance
$1,243,886
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,125,362

Purchase Details

Closed on
Sep 6, 2018
Sold by
Romano Ricardo and Romano Carolina M
Bought by
Romano Ricardo and Romano Carolina M

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jul 2, 2018
Sold by
Shapiro Seth J and Shapiro Patricia A
Bought by
Romano Ricardo and Romano Carolina M
Seller's Agent
Nancy Sanabria
Compass Florida, LLC.
Buyer's Agent
Nancy Sanabria
Compass Florida, LLC.
List Price
$2,100,000
Sold Price
$1,575,000
Premium/Discount to List
-$525,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.83%
Original Mortgage
$453,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Sold by
Shapiro Patricia A and Shapiro Seth J
Bought by
Shapiro Patricia A and Shapiro Seth J
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rosario Mario P $2,724,000 Attorney
Romano Ricardo -- None Available
Romano Ricardo $1,575,000 Attorney
Shapiro Patricia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario Mario P $1,634,370
Previous Owner Romano Ricardo $510,400
Previous Owner Romano Ricardo $453,000
Previous Owner Shapiro Seth J $400,000
Previous Owner Shapiro Seth J $50,000
Previous Owner Shapiro Seth J $75,000
Previous Owner Shapiro Seth J $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $2,723,950 -14.8% $671 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $3,199,000 +103.1% $788 / Sq Ft
07/02/2018 07/02/18 Sold $1,575,000 -13.7% $399 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
04/12/2018 04/12/18 Price Changed $1,825,000 -6.4% $462 / Sq Ft
02/26/2018 02/26/18 Price Changed $1,950,000 -7.1% $494 / Sq Ft
11/17/2017 11/17/17 For Sale $2,100,000 -- $532 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $64,775 $2,559,219 -- --
2024 $58,130 $3,020,960 -- --
2023 $58,130 $2,746,328 $0 $0
2022 $47,833 $2,496,662 $1,462,982 $1,033,680
2021 $21,515 $1,076,843 $997,488 $79,355
2020 $20,719 $1,079,468 $0 $0
2019 $20,310 $1,055,199 $0 $0
2018 $15,396 $765,809 $0 $0
2017 $14,513 $755,096 $0 $0
2016 $14,365 $739,566 $0 $0
2015 $14,557 $734,426 $0 $0
2014 $14,568 $728,598 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Greg Sullivan

    ByOwner.Com

    (305) 468-7000

    1 in this area

    173 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Leah vanon

    United Realty Group, Inc

    (561) 994-8886

    1 in this area

    5 Total Sales

    Section Image
  • Nancy Sanabria

    Seller's Agent in 2018

    Nancy Sanabria

    Compass Florida, LLC.

    (305) 785-4491

    11 in this area

    54 Total Sales

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10276043

BeachesMLS (Greater Fort Lauderdale)

APN: 03-5118-006-0020

Florida Miami/Dade County Coral Gables 33156 Gables By The Sea

1160 Lugo Ave, Coral Gables, FL

This home is located at 1160 Lugo Ave, Coral Gables, FL 33156 since 17 March 2021 and is currently estimated at $5,403,159, approximately $1,330 per square foot. This property was built in 1975. 1160 Lugo Ave is a home located in Miami-Dade County with nearby schools including Pinecrest Elementary School, Palmetto Middle School, and Miami Palmetto Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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