650 LUGO AVE, Coral Gables, FL 33156

650 LUGO AVE, Coral Gables, FL 33156 is a 5-bedroom, 4.5-bathroom residential - single family : 1 unit built in 2002 with 9,287 square feet of living space on a 17,250 square foot lot. The property is currently owned by LUGO POINT LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-11-29 for $11,600,000. There are 4 recorded sales for this property. The 2025 assessed value is $9,102,008 with a market value of $9,102,008.

This breaks down to $6,468,750 for the land and $2,633,258 for the building. The assessed value decreased 0% from $9,135,767 in 2024. This property is located in FEMA Flood Zone VE, a high-risk coastal flood zone with additional wave action hazards.

This is the highest-risk flood designation, and flood insurance is required. The median household income in this area is $183,944, and the median home value is $2,000,000. The population density is 1,064 people per square mile.

There are active mortgage liens totaling $5,600,000 recorded against this property. 650 LUGO AVE, Coral Gables, FL 33156 is located in Coral Gables, Florida. Property records, tax assessments, sales history, and ownership information for this Coral Gables property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1999 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $1249 per square foot — a key metric for comparing value across Coral Gables's real estate market..