Atlantic Luxury Advisors
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42 photos

165 Paloma Dr

Coral Gables, FL 33143

$8,450,000
6
5.5
6,548 sq ft
20,823 sq ft
1996
2 car
Single Family Residence
$600/mo
69
Active

Listing courtesy of Compass Florida, LLC (Teresita Bernace). Contact: [email protected].

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.

What it costs to own
Estimated monthly payment
$61,567/mo
Principal and interest
$42,728
Property tax
$12,956
Homeowners insurance
$5,283
HOA
$600

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$155,476/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$600/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone A: first to evacuate, ordered for tropical storms and every hurricane category.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.