165 Paloma Drive, Coral Gables, FL 33143

$8,450,000 · Active

  • 6 beds
  • 6 baths
  • 6,548 sq ft
  • Single Family Residence
  • Built 1996
  • HOA $1,800/mo
  • Lot 20,908.8 sq ft
  • MLS# A12039779
  • Cocoplum Sec 2 Plat F
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About this home

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.

Features

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · Listing agent: Teresita M Bernace

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 165 Paloma Drive.

Questions About 165 Paloma Drive

How much is 165 Paloma Drive?
165 Paloma Drive is listed at $8,450,000, which is about $1,290 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 165 Paloma Drive?
The listing reports an association fee of $1,800 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 165 Paloma Drive?
The listing reports annual property taxes of $61,931 for 2026. 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 165 Paloma Drive built?
165 Paloma Drive was built in 1996 and the listing describes its condition as resale updated/remodeled. 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 165 Paloma Drive been on the market?
165 Paloma Drive has been listed for 97 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 165 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.
How do I see 165 Paloma Drive?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 6 bedroom home at 8550 Old Cutler Road, Coral Gables, FL 33143 is comparable and listed for sale at $7,695,000. Another comparable home, 1228 Alhambra Circle, Coral Gables, FL 33134, sold for $5,625,000 in August 2026. Other Coral Gables neighborhoods include Downtown Coral Gables and Gables Estates. 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.