How much is 132 Paloma Drive?

132 Paloma Drive is listed at $16,500,000, which is about $2,603 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 132 Paloma Drive?

The listing reports an association fee of $600 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 132 Paloma Drive?

The listing reports annual property taxes of $136,339 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 132 Paloma Drive built?

132 Paloma Drive was built in 2016 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 132 Paloma Drive been on the market?

132 Paloma Drive has been listed for 114 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 132 Paloma Drive waterfront?

Yes. The listing describes the water as ocean access canal front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 132 Paloma Drive?

The MLS lists Sunset (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

132 Paloma Drive, Coral Gables, FL 33143

$16,500,000 · Active

5 beds
6 baths
6,338 sq ft
Single Family Residence
Built 2016
HOA $600/mo
Lot 17,859.6 sq ft
MLS# A12023424
Cocoplum Sec 2 Plat F

Photo 1 at 132 Paloma Drive, Coral Gables

Photo 2 at 132 Paloma Drive, Coral Gables

Photo 3 at 132 Paloma Drive, Coral Gables

Photo 4 at 132 Paloma Drive, Coral Gables

Photo 5 at 132 Paloma Drive, Coral Gables

Photo 6 at 132 Paloma Drive, Coral Gables

Photo 7 at 132 Paloma Drive, Coral Gables

Photo 8 at 132 Paloma Drive, Coral Gables

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

Built-in Features
Entrance Foyer
Elevator
High Ceilings
Kitchen Island
Other
Wet Bar
Walk-In Closet(s)
Closet Cabinetry
Built-in Barbecue
Lighting
Balcony
Ocean Access
Canal Front
Heated
In Ground

Schools

Elementary: Sunset
Middle: Ponce De Leon
High: Coral Gables

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Coldwell Banker Realty · Listing agent: Judith H Zeder

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 132 Paloma Drive.

Questions About 132 Paloma Drive

How much is 132 Paloma Drive?: 132 Paloma Drive is listed at $16,500,000, which is about $2,603 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 132 Paloma Drive?: The listing reports an association fee of $600 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 132 Paloma Drive?: The listing reports annual property taxes of $136,339 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 132 Paloma Drive built?: 132 Paloma Drive was built in 2016 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 132 Paloma Drive been on the market?: 132 Paloma Drive has been listed for 114 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 132 Paloma Drive waterfront?: Yes. The listing describes the water as ocean access canal front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 132 Paloma Drive?: The MLS lists Sunset (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 5 bedroom home at 199 Caoba Court, Coral Gables, FL 33143 is comparable and listed for sale at $13,995,000. Other Coral Gables neighborhoods include Granada Section and Biltmore Section. Nearby ZIP codes include 33134 and 33146. This property also neighbors Coconut Grove, South Miami, and Pinecrest. Compare it with the Coral Gables housing market report.