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Listed
Around the corner from Islands of Cocoplum's tennis, pickleball courts and resort-style amenities, the crown jewel of Paloma Drive commands on oversized corner-to-corner 20,823 SF lot with exceptional privacy and only one rear neighbor. This renovated estate blends timeless elegance with modern luxury. Remodeled in 2016 and upgraded throughout the years, the residence features a new roof (2025), HURD impact glass, Sonos audio, and Lutron smart systems. Offering 8,569 total SF with 6 bedrooms, 5 full baths, and 1 half bath, the home is designed for entertaining and everyday living. Soaring ceilings, custom millwork and garden views define the formal living and dining spaces. The gourmet kitchen showcases Viking and Miele appliances, a Calacatta marble island, custom cabinetry, and opens to the breakfast area and family room. A temperature-controlled wine cellar and butlers panty enhances the home's entertaining appeal.The primary suite features dual custom closets, 2 additional closets, and a spa-inspired bath with a Bizsazza mosaic-clad double shower. Upstairs are a den and two en-suite suites, while two downstairs bedrooms offer flexibility. Additional features include a second staircase, 1/1 mezzanine suite, motorized shades, a circular front motorcourt, and separate driveway to the two-car garage. Outdoor living is equally impressive, with a heated pool, covered terraces, mature landscaping, and exceptional privacy in one of Coral Gables' most coveted neighborhoods.
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 6-bed rentals in Coral Gables, from 6 active listings; the middle half ask $28,000–$49,900.That is what landlords ask, not what units let for — edit it if you know better.
Enter 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. We are not a lender and neither offer nor arrange financing. 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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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