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132 Paloma Dr, Coral Gables FL 33143
About this home
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.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Entrance Foyer
- Other
- Volume Ceilings
- Walk-In Closet(s)
- Wet Bar
- Den/Library/Office
- Family Room
- Maid/In-Law Quarters
- Media Room
- Recreation Room
- Utility Room/Laundry
- Built-In Grill
- Lighting
- Open Balcony
- Canal
- Garden
- Pool
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $83,433
- HOA
- $600 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
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Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.