by RH Advisors

See Home Value
$6,750,000
House - Off Market

168 Paloma Dr

Coral Gables, FL 33143
bedrooms
5 Beds
bathrooms
5 Baths
square feet
5209 Sqft
$6,406,116
RealtyHop Estimate
0.25%
Since Nov 1, 2023
FL-Miami
Primary Model

About This Property

ISLANDS OF COCOPLUM - WATER FRONT - PRICED TO SELL

Majestic 2-story Mediterranean-style waterfront home with 5 bedrooms, 5 baths and 2 flexible bonus rooms, on a 0.4 acre lot and 130 foot water frontage with private dock.

Upon entering you are greeted by the large living room with high ceilings, marble floors and a large window overlooking the garden. You will also see the staircase and other details of natural wood. An elevator enhances the feeling of grandeur and provides easy access between the two floors.

The living room, with a separate bar, and large French doors that provide natural lighting, give one of the accesses to the Florida room with views of the gardens, summer kitchen and pool.

The formal dining room receives natural lighting from the large front terrace of the house.
Unit Size
5,209Ft²
Days on Market
71 days
Land Size
0.40 acres
Price per sqft
$1,227
Property Type
House
Property Taxes
$5,423
HOA Dues
$500
Year Built
1991
Last updated: 7 months ago (Miami MLS #A11435019)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold to Gabriel Hernandez, Lyn Roma... $6,750,000
Sold to Gabriel Hernandez, Lyn Roma...
Aug 25, 2023 In contract -
In contract
Aug 16, 2023 Listed by Fortune International Realty $6,390,000
Listed by Fortune International Realty
ISLANDS OF COCOPLUM - WATER FRONT - PRICED TO SELL Majestic 2-story Mediterranean-style waterfront home with 5 bedrooms, 5 baths and 2 flexible bonus rooms, on a 0.4 acre lot and 130 foot water frontage with private dock. Upon entering you are greeted by the large living room with high ceilings, marble floors and a large window overlooking the garden. You will also see the staircase and other details of natural wood. An elevator enhances the feeling of grandeur and provides easy access…
Aug 6, 2023 Listed by Fortune Christie's International Real Estate $6,390,000
Listed by Fortune Christie's International Real Estate

Property Highlights

Elevator
Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: A
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,305
  • Total Building Area: 7,403
  • Gross Building Area: 7,403
  • Building Area: 5,209
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,209
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COCOPLUM
  • Land Acres: 0.397
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COCOPLUM SEC 2 PLAT F PB 133-30 LOT 9 & W33FT OF LOT 10 BLK 24 LOT SIZE 17305 SQ FT OR 17198-2173 0496 1

Ownership

  • Current Owner : HERNANDEZ GABRIEL
  • Current Owner 2: HERNANDEZ LYN ROMAN
  • Previous Owner : SANVADI INC
  • Owner Before Previous Owner: KAMELY URI P
  • Owner Before Previous Owner 2: KAMELY LILIAM
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 008000

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 263
  • District: 03
  • Parcel: 03-4132-031-0090
  • Block: 24
  • Lot: 9,10
  • Meridian: SEC 32 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.6972
  • Longitude: -80.254

    Address

  • Full Address: 168 Paloma Dr
  • Address - House Number: 168
  • Address - Street Name: Paloma
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C012
  • 4-Digit Zip Code: 6545
  • Zip Code: 33143

Valuation

    Tax

  • Total Area: 5,729
  • Tax Year: 2023
  • Tax Amount: $74,168
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 6,625,907
  • High Value: 7,821,485
  • Low Value: 5,430,328

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,725,000
  • First Open Lien Mortgage Lender: BANESCO USA
  • First Open Lien Mortgage Recording Date: Oct 30, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $4,725,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $4,777,456
  • Market Land Value: $3,374,475
  • Market Improvement Value: $1,402,981

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,626,122

    Sales

  • Current Sale Contract Date: Oct 16, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Transaction ID: 11915798494
  • Current Sale Price: $6,750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 777535
  • Previous Sale Recording Date: Mar 04, 2014
  • Previous Sale Contract Date: Mar 03, 2014
  • Previous Sale Amount: $3,200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANESCO USA
  • First Mortgage Transaction Date: Oct 30, 2023
  • First Mortgage Loan Amount: $4,725,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
7 Baths
3,954 ft²
$1,290/ft²
$5,100,000 May 20, 2023
$5,100,000 Oct 11, 2023
$3,883/mo
House
7 Beds
9 Baths
5,323 ft²
$1,236/ft²
$6,580,000 Jun 1, 2023
$6,580,000 Aug 30, 2023
$2,771/mo
House
5 Beds
5 Baths
5,634 ft²
$1,047/ft²
$5,900,000 Aug 28, 2023
-
$3,617/mo
House
6 Beds
6 Baths
5,530 ft²
$1,347/ft²
$7,450,000 Oct 9, 2023
-
$2,253/mo
House
7 Beds
10 Baths
6,521 ft²
$1,117/ft²
$7,285,000 Sep 27, 2023
-
$6,363/mo

About Cocoplum


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Frequently Asked Questions

When was property at 168 Paloma Drive built and last sold?
The property at 168 Paloma Drive was built in 1991 and last sold on Oct 16, 2023 for $6,750,000.
How much is this home worth?
The estimated value of the home located at 168 Paloma Drive is $6,453,900.
What are some comparable homes to 168 Paloma Drive?
Homes that are comparable to 168 Paloma Drive include a house property at 7540 Los Pinos Boulevard, 7300 Los Pinos Boulevard, 7111 Los Pinos Boulevard.

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