House for Sale
$12,500,000
5 bd · 6 ba · 5,765 sqft
332 Costanera Rd, Coral Gables, FL 33143
COCOPLUM SEC 2 PLAT C
Coral Gables, FL 33143 · MLS# A12023424 · Active Under Contract · COCOPLUM SEC 2 PLAT F
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.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
132 Paloma Dr, Coral Gables, FL 33143 · See all Coral Gables homes for sale
House for Sale
$12,500,000
5 bd · 6 ba · 5,765 sqft
COCOPLUM SEC 2 PLAT C
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SUNRISE HARBOUR REV PL
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COCOPLUM SEC 2 PLAT F
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COCOPLUM SEC 2 PLAT B
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JOURNEYS END ESTATES
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CORAL GABLES BISC BAY SEC
132 Paloma Dr is a single family home for sale in Coral Gables, FL 33143. This property was listed for sale on June 1, 2026 by Coldwell Banker Realty, it's currently listed at $16,500,000. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Sunset, Ponce De Leon and Coral Gables. 132 Paloma Dr is a 5-bed, 6-bath, 6,338 sqft single family home built in 2016.