$13,250,000
121 Knollwood Drive
Key Biscayne, FL 33149
Explore the area: Key Biscayne homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $13,250,000
- Price per sq ft
- $2,691
- Original price
- $13,850,000
- Days on market
- 117
This 5-bedroom single-family home in ZIP 33149 is listed at $13,250,000, or $2,691 per square foot. The asking price has come down 4.3% from its original $13,850,000. It has been on the market for 117 days.
Estimated monthly payment
$69,634 /mo
Principal and interest only, based on $2,650,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $13,250,000
- Days on Site
- 117 Days
- Bedrooms
- 5
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 4,924 sqft
- Total Sq Ft
- 5,775 sqft
- Lot Size
- 0.32 Acres
- Year Built
- 1972
- Property Type
- Single Family
- MLS #
- A11936017
- Property Tax
- $65,834 (2024)
- Subdivision
- CAPE FLA SUB SEC 2
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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.
General Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1972
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Parking
- Covered / Driveway / Detached / Garage / Garage Door Opener
- Direction Faces
- South
- Lot Size (Acres)
- 0.32
- Living Sq Ft
- 4,924
- Total Sq Ft
- 5,775
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 2000
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Oven / Refrigerator / Trash Compactor / Washer
- Cooling
- Electric
- Heating
- Electric
- Flooring
- Concrete
- Interior Features
- Bathtub / Dual Sinks / Living Dining Room / Main Level Primary / Soaking Tub / Separate Shower / Upper Level Primary / Walk In Closets
- Windows
- Bay Windows
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Metal
- Exterior Features
- Balcony / Lighting / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- In Ground / Association
- Patio & Porch
- Open / Patio / Balcony
- Lot Features
- Quarter To Half Acre Lot / Sprinklers Automatic
- Waterfront
- Yes
- Waterfront Features
- Canal Front / No Fixed Bridges / Ocean Access
- Frontage Length
- 0.00 ft
- View
- Canal
Community & HOA
- Association Amenities
- Fitness Center / Gated / Pool
- Utilities
- Cable Available
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2520
Schools
- Elementary School
- Key Biscayne K-8
- Middle School
- Ponce De Leon
- High School
- Coral Gables
About the Community
Cape Fla Sub Sec 2 is an age-restricted 55+ community in Key Biscayne, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $11,600,000 to $20,300,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Cape Fla Sub Sec 2 and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Median List Price
- $19,500,000
- Median $/Sq Ft
- $2,691
- Avg Days on Market
- 249
Frequently Asked Questions
- How do I schedule a tour of 121 Knollwood Drive, Key Biscayne, FL 33149?
- Use the Tour button on this listing to request a showing of 121 Knollwood Drive, Key Biscayne, FL 33149. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 121 Knollwood Drive, Key Biscayne, FL 33149 still available?
- 121 Knollwood Drive, Key Biscayne, FL 33149 is currently listed as Active, and has been on the market 117 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 121 Knollwood Drive, Key Biscayne, FL 33149?
- With 20% down ($2,650,000) on the $13,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 Knollwood Drive, Key Biscayne, FL 33149 is about $69,634/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 121 Knollwood Drive, Key Biscayne, FL 33149?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 121 Knollwood Drive, Key Biscayne, FL 33149. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 121 Knollwood Drive, Key Biscayne, FL 33149?
- 121 Knollwood Drive, Key Biscayne, FL 33149 is zoned for Key Biscayne K-8 (elementary), Ponce De Leon (middle), Coral Gables (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 121 Knollwood Drive, Key Biscayne, FL 33149?
- Often, yes. The right offer on 121 Knollwood Drive, Key Biscayne, FL 33149 depends on how it's priced against comparable single family sales in Key Biscayne, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of One Sotheby's International Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$13,250,000
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Listed by Brigitte Nachtigall, One Sotheby's International Realty
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Recent Sales
Recently sold homes in ZIP 33149
These are the last 6 recorded closings in ZIP 33149, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,110 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,660,000
Sold · September 30, 2026
613 Ocean Drive 5D
2 bed · 2 bath · 1,496 sqft · $1,110/sqft
$110,000 under the asking price
Sold$2,800,000
Sold · September 28, 2026
738 Fernwood Road
3 bed · 2 bath · 1,312 sqft · $2,134/sqft
$75,000 under the asking price
Sold$1,115,000
Sold · September 25, 2026
181 Crandon Boulevard 308
3 bed · 2 bath · 1,720 sqft · $648/sqft
$35,000 under the asking price
Sold$1,600,000
Sold · September 25, 2026
425 Grapetree Drive 211
2 bed · 3 bath · 1,404 sqft · $1,140/sqft
$145,000 under the asking price
Sold$650,000
Sold · September 25, 2026
300 Galen Drive 306
2 bed · 2 bath · 1,068 sqft · $609/sqft
$70,000 under the asking price
Sold$1,700,000
Sold · September 24, 2026
155 Ocean Lane Drive 300
3 bed · 2 bath · 1,930 sqft · $881/sqft
$400,000 under the asking price
See every recorded sale in ZIP 33149 or find out what your ZIP 33149 home is worth.
