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$11,800,000
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Property Description
Rare opportunity to own a 16,000 sq ft waterfront lot on one of Key Biscayne's most coveted cul-de-sacs. Nestled on a quiet, no-traffic street, this lovingly maintained residence offers an exceptional combination of location, lot size, and livability rarely found on the island. With 100 feet of direct water frontage and no fixed bridges to open water, the property is a boater's dream, simply step onto your private dock and cruise around the corner to Boater's Grill, The Cleat for lunch or sunset cocktails or out to the bay! The home's thoughtful positioning creates a generous setback from the water's edge, yielding a beautifully manicured backyard that is a true rarity on Key Biscayne. A mature mango tree anchors the lush landscaping, while the deep lot provides the kind of outdoor space that simply does not exist on most waterfront properties here. Inside, the home is bathed in natural light and flows effortlessly. The open kitchen connects seamlessly to the family room, creating a warm, inviting gathering space at the heart of the home. The ideal floor plan places the primary suite, with dual his-and-her bathrooms, on one wing alongside three additional bedrooms, while a separate guest suite ensures privacy for visitors. Impact windows and doors throughout. Two-car garage. Offered in excellent condition. 221 Knollwood Drive represents the best waterfront value on Key Biscayne. Opportunities of this caliber are exceptionally rare.
Full Property Details
Full Property Details for 221 Knollwood Dr
General
- Price: $11,800,000
- Taxes: $21,304 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11989667
- Updated: 3/26/2026
- Added to Site: 10 day(s) ago
Interior
- Interior Features: First Floor Entry, Built-in Features, Cooking Island, Pantry, Walk-In Closet(s), Family Room, Utility Room/Laundry
- Fireplace: Yes
- Fireplace(s): Fireplace
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Primary Bathroom: 2 Primary Bathrooms, Dual Sinks, Separate Tub & Shower
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
Other Rooms
- Living Room: Family Room, Utility Room/ Sq. Ft.
- Dining Room: Dining/Living Room, Kitchen Dining
- Laundry: Utility Room/Laundry
Additional Information
- Pool: Yes
- Pool Description: In Ground
- Equipment: Automatic Garage Door Opener
Exterior
- Exterior Features: Lighting, Fruit Trees
- Deck/Patio: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Circular Driveway, Driveway
Location
- Area: Cape Fla Sub Sec 2
- County: Miami-Dade County
- Subdivision: CAPE FLA SUB SEC 2
- Building Name: CAPE FLA SUB SEC 2
- Direction Faces: South
School Information
- Elementary School: Keybiscayne
- Middle School: Ponce De Leon
- High School: Coral Gables
Community
- Community Name: Cape Fla Sub Sec 2
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Metal Roof
- Windows: Clear Impact Glass, Impact Glass
- Building Size: 4771
- Square Feet: 3,509
- Living Area: 3,509 Sq. Ft.
- Year Built: 1972
Lot Features
- Property View: Canal, Water
- Lot Size (Sq. Ft.): 16,000
- Frontage Feet: 100
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 2000
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, Canal Front
Financial Considerations
- Price Per Sq. Ft.: $3,362.78
- Tax Amount: $21,304
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 5 55 42 CAPE FLA SUB SEC 2 PB 70-67 LOT 6 BLK 7 & PROP INT IN & TO WATERWAY LOT SIZE 100.000 X 160 OR 11775-302 & 300 0483 5
- Restrictions: No Restrictions
- Inclusions: Private Dock
- Property ID: 24-52-05-011-0320
Listed by Compass Florida, LLC
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Schools
Schools serving 221 Knollwood Dr
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Key Biscayne K-8 Center 150 West McIntyre Street, Key Biscayne, FL 33149 | PK-5 | 0.4 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 7 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 221 Knollwood Dr
Date
Details
Price
Change
Source
3/25/2026
Listed
$11,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 221 Knollwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,305
3%
$1,288,044
3%
2024
$20,778
1%
$1,251,744
3%
2023
$20,519
6%
$1,215,286
3%
2022
$19,296
—
$1,179,890
3%
2021
$19,314
7%
$1,145,525
1%
2020
$18,057
2%
$1,129,710
2%
2019
$17,676
5%
$1,104,311
2%
2018
$16,768
1%
$1,083,721
2%
2017
$16,567
—
$1,061,431
2%
2016
$16,595
-1%
$1,039,600
1%
2015
$16,835
-2%
$1,032,374
1%
2014
$17,095
2%
$1,024,181
1%
2013
$16,761
—
$1,009,046
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 221 Knollwood Dr
221 Knollwood Dr, Key Biscayne, FL 33149 (MLS# A11989667) is a Single Family property with 5 bedrooms and 5 full bathrooms. 221 Knollwood Dr is currently listed for $11,800,000 and was received on March 25, 2026. Want to learn more about 221 Knollwood Dr? Do you have questions about finding other Single Family real estate for sale in Key Biscayne? You can browse all Key Biscayne real estate or contact a Coldwell Banker agent to request more information.

