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Waterfront · Single Family Residence
$12,500,000$2,168 / sqft
332 Costanera Rd, Coral Gables FL 33143
Listed
5
Bedrooms
6
Bathrooms
5,765 sqft
Interior
1995
Year built
$600 / mo
HOA
Single Family Residence
Type
About this home
Elegant French-style waterfront estate in the prestigious, guard-gated Islands of Cocoplum. A circular paver drive welcomes you to this gracious residence with flat tile roof, impact windows and doors, and beautiful high cove ceilings. The main level features a formal living room with fireplace, wood-paneled executive office with built-ins, formal dining room, powder bath, and kitchen updated in 2022 with all-new Miele appliances. Laundry area includes full staff quarters, double washer/dryer, and dog wash. Additional features: elevator, two-car garage with porcelain floors, and abundant storage. Upstairs are four bedrooms and three baths, including spacious primary and junior suites. A large downstairs recreation area offers another bath and flexible space/rooms. Outdoor living shines with a summer kitchen, full cabana bath, terrace, pergola, and 70-foot dock along approximately 100 feet of water on the desirable Casuarina/Gables Estates waterway. Cocoplum amenities include guarded entry, roaming security, security apps, clubhouse, full gym, seven lighted Har-Tru tennis courts, two pickleball courts, beach volleyball, basketball, playground, heated lap pool, hot tub, and entertaining areas. Amenity upgrades and expansion are underway. Enjoy Cocoplum’s privacy and security near top schools, leading hospitals, airports, and Miami’s finest shopping, dining, and cultural destinations.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Entrance Foyer
- French Doors
- Roman Tub
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals in Coral Gables, from 14 active listings; the middle half ask $16,000–$30,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.