1601 Lugo Ave, Coral Gables FL 33156, CORAL GABLES, FL, 33156
Active37 days on marketListed Jul 10, 2026MLS #A12038662
About this home
1601 Lugo Ave, Coral Gables FL 33156
Beautiful 4-bedroom, 3.5-bath residence in the prestigious guard-gated community of Gables By The Sea. This spacious home features marble floors, formal living and dining areas, soaring ceilings, and an open-concept family room with French doors overlooking the pool and lush backyard. The primary suite offers a walk-in closet and a spa-like bath with dual marble vanities, a double walk-in shower, and a whirlpool tub. The kitchen is equipped with marble waterfall countertops and high-end appliances. Enjoy seamless indoor-outdoor living with a covered terrace, private pool, and beautifully landscaped grounds. Residents enjoy 24-hour security, a neighborhood park and playground, and close proximity to top-rated schools, dining, and shopping.
Facts & features
The home at a glance
4
Bedrooms
3.5
Bathrooms
2,834
Sqft
2
Garage
1958
Year built
$1,041
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$18,103 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$18,103/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+43%
$/sqft vs Coral Gables actives
$1,041 vs $1,006
Days on market
37 vs 67 typical
Where $1,041/sqft sits among the 279 Coral Gables actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Coral Gables
Get to know Coral Gables. See the full Coral Gables guide →
CORAL GABLES 33156 — neighborhood snapshot
Population
32,708
Median age
42
Median income
$134,720
Median home value
$1,063,100
Avg household
2.69
Households w/ children
3,769
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Coral Gables market
$1.6M → $1.3M
Coral Gables median sold, yr/yr
96.2%
Sale-to-list ratio (12 mo)
25 of 279
Coral Gables actives have cut their price
This home is listed 529% above the CORAL GABLES 33156 median. See the full Coral Gables market guide →
Paper trail
This home's history
Reality check
What actually sold near 1601 Lugo Ave
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$3,350,000
1240 Campamento Ave, Coral Gables FL 33156 · same community
4 bd · 3.5 ba · 2,710 sqft · $1,236/sqft · 73 DOM
Sold · Dec ’25$1,885,000
1460 Campamento Ave, Coral Gables FL 33156 · same community
3 bd · 3 ba · 1,974 sqft · $955/sqft · 29 DOM
Sold · Dec ’25$1,609,000
1422 Coruna Ave, Coral Gables FL 33156 · same community
3 bd · 2 ba · 1,898 sqft · $848/sqft · 36 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1601 Lugo Ave — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1601 Lugo Ave — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1601 Lugo Ave FAQs
What would the monthly payment be for 1601 Lugo Ave, Coral Gables FL 33156?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $18,103/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1601 Lugo Ave, Coral Gables FL 33156?+
The most recent tax bill on record (2025) was $11,029. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Coral Gables?+
At $2,950,000, this home is listed about 31% above the Coral Gables median of $2,250,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1601 Lugo Ave, Coral Gables FL 33156?+
Pinecrest Elementary School (elementary), Miami Palmetto Senior High School (high), Palmetto Middle School (middle), Instructional Center System Wide (), District Instructional Center (Dic) (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$2,950,000 runs 529% above the CORAL GABLES 33156 median — but at 2,834 sqft it's also 27% larger than the typical Coral Gables listing.
02Garden & Pool views
The garden and pool view is part of what you're buying — views hold value independently of the structure.
03Strong assigned schools
Pinecrest Elementary School, Miami Palmetto Senior High School, Palmetto Middle School, Instructional Center System Wide, District Instructional Center (Dic), Title I Migrant Education Program — Pinecrest Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Coldwell Banker Realty · Judith Zeder. MLS #A12038662.
IDX 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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