Sale closed in Coral Gables: $11.6 million for a five-bedroom home

The spacious property located in the 600 block of Lugo Avenue in Coral Gables was sold on Nov. 29, 2022. The $11,600,000 purchase price works out to $1,249 per square foot. The house built in 2002 has an interior space of 9,287 square feet. The property features five bedrooms and five bathrooms. The backyard also has a pool. The unit sits on a 0.4-acre lot.

These nearby houses have also recently changed hands:

• On Lugo Avenue, Coral Gables, in May 2022, a 4,928-square-foot home was sold for $7,600,000, a price per square foot of $1,542.
• A 2,726-square-foot home on the 900 block of San Pedro Avenue in Coral Gables sold in July 2022 for $5,425,000, a price per square foot of $1,990.
• In September 2021, a 5,389-square-foot home on Mar Street in Coral Gables sold for $4,450,000, a price per square foot of $826.

This story was originally published December 28, 2022 at 1:08 PM.