Big Opportunity knocks in Gables by the Sea! Direct Ocean Access to Biscayne Bay from 100GÇÖ private seawall. Bring your contractor or architect and make your dreams come true with renovations or new build on 11,500 SF Lot. Current ranch style 1964 home last sold in 1976. Located on quiet Lugo Ave on the wide Lugo canal with plenty of room for your big yacht. This cute 2539 Adj SF home has 3BD and 2BA with tons of potential. Two-car garage, circular drive, peaceful water views and nice floor plan. Gables by the Sea community is 24/7 guard-gated with a voluntary HOA. All top-rated schools and A+ municipal services. Well situated in the City Beautiful, Coral Gables, with a neighborhood park, pedestrian-friendly tree-lined, low-traffic, closed-end family friendly streets. Truly Paradise!