What is the asking price and what does it include?

The list price for 132 Paloma Dr, Coral Gables FL 33143 is $16,500,000. The property is a Single Family Residence with 5 bedrooms, 6 bathrooms, approximately 6338 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 132 Paloma Dr, Coral Gables FL 33143 in Coral Gables, 33143. Coordinates are approximately , . Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Coral Gables — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 16,500,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 132 Paloma Dr, Coral Gables FL 33143.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

132 Paloma Dr, Coral Gables FL 33143 | Miami-Dade County

Residential Active

132 Paloma Dr, Coral Gables FL 33143 | Miami-Dade County | A12023424

$16,500,000

Description

Situated within the exclusive guard-gated Cocoplum community, this striking waterfront contemporary estate by Choeff Levy Architecture offers 7,914 total SF on a 17,730 SF lot with approximately 100 feet of deep-water canal frontage and direct bay access. The 5-bedroom, 6-bath residence is defined by soaring double-height spaces, floor-to-ceiling impact glass, Venetian plaster walls, custom millwork, limestone floors, and seamless indoor-outdoor living. A dramatic floating entry over reflecting pools with sheer descent waterfalls leads to expansive social areas that open completely to the resort-style backyard through retractable glass walls. The chef’s kitchen features an oversized porcelain island, custom cabinetry, and premium Gaggenau, Miele, and Sub-Zero appliances. The luxurious primary suite offers a private balcony, spa-inspired bath with freestanding soaking tub, oversized closets, and Sub-Zero refrigerator drawer. Additional highlights include a finished basement with office, gym, lounge, and home theater; elevator; Control4 smart home automation; Sonos audio throughout; whole-house generator with buried propane tank; and reverse osmosis water filtration. Outdoor amenities include a heated black-bottom edgeless pool with integrated spa, FireMagic summer kitchen, covered dining terraces, lush tropical landscaping, and a dock accommodating vessels up to 70 feet. Recent 2024–2025 updates include refreshed landscaping, redesigned pool deck, and updated guest suite.

Address

Open on Google Maps

Address: Paloma Dr
City: Coral Gables
State/county: Miami-Dade County
Zip/Postal Code: 33143
Area: COCOPLUM SEC 2 PLAT F

Details

Updated on June 1, 2026 at 5:34 pm

Property ID A12023424
Price $16,500,000
Property Size 6338 Square Feet
Bedrooms 5
Bathrooms 6
Garage 0
Year Built 2016
Type Single Family Residence
Property Status Residential

Additional details

ArchitecturalStyle Detached, Two Story, Modern/Contemporary
AssociationFee 600
AssociationFeeFrequency Monthly
BathroomsFull 6
BathroomsHalf 0
BuildingAreaTotal 7914
BuildingAreaUnits Square Feet
BuildingName COCOPLUM SEC 2 PLAT F
CarportSpaces 2
CommunityFeatures Additional Amenities, Clubhouse, Gated Community, Maintained Community, Mandatory Hoa, Other, Pickleball
ConstructionMaterials Concrete Block Construction, Other
ContractStatusChangeDate 2026-06-01
Cooling Central Air, Electric
CoveredSpaces 2
DaysOnMarket 0
DirectionFaces Northwest
DoorFeatures High Impact Doors
Electric Circuit Breakers
ElementarySchool Sunset
EntryLocation Foyer
ExpirationDate 2027-01-16
Flooring Other, Tile, Wood
FrontageLength 100
Furnished Unfurnished
Heating Central, Electric
HighSchool Coral Gables
Inclusions Private Dock
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Utility Room/Laundry
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-822-0989
ListingTerms All Cash, Conventional
LotFeatures 1/4 To Less Than 1/2 Acre Lot
LotSizeSquareFeet 17730
MLSAreaMajor Cocoplum Sec 2 Plat F
MajorChangeTimestamp June 1, 2026 at 05:29pm
MajorChangeType New
MiddleOrJuniorSchool Ponce De Leon
MlsStatus Active
ModificationTimestamp June 1, 2026 at 05:29pm
OnMarketDate 2026-06-01
OriginalEntryTimestamp June 1, 2026 at 05:29pm
OriginalListPrice 16500000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherEquipment Elevator
OtherExpense 0
ParcelNumber 03-41-32-031-0180
ParkingFeatures Attached Carport, Driveway, Guest
PatioAndPorchFeatures Deck, Open Balcony, Patio
PhotosCount 0
PoolFeatures In Ground, Heated
Possession Funding
PostalCode 33143
PostalCodePlus4 6545
PriceChangeTimestamp May 21, 2026 at 06:46pm
PublicSurveyRange 41
PublicSurveySection 32
PublicSurveyTownship 41
Roof Concrete
RoomsTotal 0
Sewer Public Sewer
ShowingContactType Call Listing Office
ShowingInstructions 24 Hour Notice, Call Listing Office, See Broker Remarks
SourceSystemKey 486805811
StateOrProvince FL
StatusChangeTimestamp June 1, 2026 at 05:29pm
StreetName Paloma Dr
StreetNumber 132
StreetNumberNumeric 132
StructureType House
SyndicationRemarks Situated within the exclusive guard-gated Cocoplum community, this striking waterfront contemporary estate by Choeff Levy Architecture offers 7, 914 total SF on a 17, 730 SF lot with approximately 100 feet of deep-water canal frontage and direct bay access. The 5-bedroom, 6-bath residence is defined by soaring double-height spaces, floor-to-ceiling impact glass, Venetian plaster walls, custom millwork, limestone floors, and seamless indoor-outdoor living. A dramatic floating entry over reflecting pools with sheer descent waterfalls leads to expansive social areas that open completely to the resort-style backyard through retractable glass walls. The chef's kitchen features an oversized porcelain island, custom cabinetry, and premium Gaggenau, Miele, and Sub-Zero appliances. The luxurious primary suite offers a private balcony, spa-inspired bath with freestanding soaking tub, oversized closets, and Sub-Zero refrigerator drawer. Additional highlights include a finished basement with office, gym, lounge, and home theater; elevator; Control4 smart home automation; Sonos audio throughout; whole-house generator with buried propane tank; and reverse osmosis water filtration. Outdoor amenities include a heated black-bottom edgeless pool with integrated spa, FireMagic summer kitchen, covered dining terraces, lush tropical landscaping, and a dock accommodating vessels up to 70 feet. Recent 2024–2025 updates include refreshed landscaping, redesigned pool deck, and updated guest suite.
TaxAnnualAmount 136339
TaxLegalDescription COCOPLUM SEC 2 PLAT F PB 133-30 LOT 18 BLK 24 LOT SIZE 14685 SQ FT OR 13832-0203 0988 1 COC 24627-2356 05 2006 1
TaxYear 2025
View Canal, Garden, Pool
WaterSource Municipal Water
WaterfrontFeatures Ocean Access, Canal Front
WindowFeatures Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
YearBuiltDetails Resale
Zoning 0100