Home in 121 Knollwood Drive Key Biscayne for sale with MLS# A11936017

Designed for those who value privacy, space, and a true connection to the water, this exceptional waterfront residence offers a rare boater's retreat and a warm, inviting setting for family living. Tucked away on a quiet street and set on an expansive nearly 14,000-square-foot lot, the home impresses from the moment you arrive with its generous front yard and gated entry, offering both presence and privacy. Inside, a bright two-story layout unfolds with an open, airy feel, thoughtfully designed for both everyday comfort entertaining. The residence features five bedrooms, four full bathrooms, plus a cabana bath, all flowing seamlessly enhanced by abundant natural light and tranquil water views. Renovated in 2019, the home includes impact windows and doors, a beautifully updated kitchen and appliances, lighting throughout, gas generator, and a pool heater and chiller for year-round enjoyment. The outdoor living experience is truly exceptional...enjoy direct water access with a private dock, boat lift, and two dry jet-ski docks, allowing you to step straight from your backyard to open water and fully embrace the waterfront lifestyle. A detached, enclosed two-car garage adds versatility, while the gated property offers abundant parking for up to six vehicles, a rare and valuable amenity in Key Biscayne. Homes of this caliber which offer privacy, boating infrastructure, generous land, and modern upgrades are increasingly rare and best appreciated in person.

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121 Knollwood Drive, Key Biscayne, FL 33149

Price
Price:
$13,250,000.00
Previous Asking Price:
$13,850,000.00
Original List Price:
$13,850,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
A11936017
Description of Last Important Update:
Price Change
Last Major Update on:
February 26, 2026 12:00 am
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
5
Full Bath:
4
Half Bath:
1
Room Type:
Laundry, Family Room, Utility Room
Measures
Living Area:
4,924 Sqft
Built-Up Area:
5,775 Sqft
Lot Area:
13,947 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Sprinklers Automatic, Quarter To Half Acre Lot
Property Features
View from the Property:
Canal
Waterfront:
Yes
Waterfront Features:
Ocean Access, Canal Front, No Fixed Bridges
Frontage Length:
0
Swimming Pool Features:
Community, Pool, In Ground
Security:
Security Gate
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Trash Compactor, Electric Range, Electric Water Heater, Built In Oven
Interior:
First Floor Entry, Walk-In Closet(s), Bedroom On Main Level, Bay Window, Upper Level Primary, Separate Shower, Living Dining Room, Dual Sinks
Exterior:
Balcony, Patio, Lighting
Patio and Porch:
Patio, Balcony, Open
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Property Entrance Faces:
South
Water Access Description:
Boat Lift, Private Dock
Construction
Year Built:
1972
Year Built Details:
Resale
Roof:
Metal
Architectural Style:
Two Story
Levels:
Two
Construction Materials:
Block
Flooring:
Concrete
Stories:
2
Taxes and Expenses
Tax Annual Amount:
$65,834.00
Tax Year:
2024
Property Tax Status:
Tax Reflects Homestead Exemption
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Parking Features:
Driveway, Garage, Garage Door Opener, Covered, Detached
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Pets Allowed?:
Yes, Conditional
Subdivision Name:
CAPE FLA SUB SEC 2
Community Features:
Gated, Pool, Fitness
Senior Community:
No
Restrictions:
Okay to Lease
Terms
Disclosures:
Flood Plain Disclosure
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Owner
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
5 55 42 CAPE FLA SUB SEC 2 PB 70-67 LOT 2 BLK 7 & PROP INT IN & TO WATERWAY LOT SIZE 87.170 X 160 OR 19270-3257 08 2000 1 COC 22879-0332 12
Real Estate Folio Number (Parcel Number):
24-52-05-011-0280
Zoning Description:
2000
Public Schools Assigned
Elementary School:
Treasure Coast
High School:
Coral Gables
Middle Or Junior School:
Ponce De Leon
Listing History
Originally published on:
January 2, 2026 12:00 am
Active on the market since:
January 2, 2026
Price change occurred on:
February 26, 2026 12:00 am
Listing Status Last Changed On:
February 26, 2026 11:11 am
Photos updated on:
March 17, 2026 10:55 pm
Last Modified:
March 17, 2026 10:55 pm
Additional Information
Housing Older Persons Act:
Unverified
Flood Zone:
AE
Type of Association:
None
Rooms Description:
Family Room, Utility Room/Laundry
Style:
WF/Pool/Ocean Access
Municipal Code:
24
Subdivision Number:
11
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Knollwood Drive
Street Number:
121
City:
Key Biscayne
State:
Florida
Zip Code:
33149
County:
Miami-Dade
Latitude:
N25° 41' 5.5''
Longitude:
W81° 50' 11.3''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $171,982
Median Home Value $1,231,500
Median Rent $3,501/mo
Median Age 43
Population 14,628

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 30 Good
🫁 PM2.5 35 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.