221 Knollwood Dr Key Biscayne, FL 33149 Price Dropped by $200K
UPDATED: 06/07/2026 07:02 PM ON MARKET: 90 days on market
$11,600,000
5 Beds5 Baths3,509 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,509 sqft
Price per Sqft $3,305
Subdivision Cape Fla Sub Sec 2
MLS Listing ID A11989667
Style Detached,One Story
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 1972
Annual Tax Amount $21,304
Tax Year 2025
Lot Size 0.367 Acres
Property Sub-Type Single Family Residence
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.
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