Virtual TourMap

For SaleSingle Family ResidenceActive

485 W Matheson Dr

Key Biscayne, FL 33149

$237,000,000

193 Days On Site

  • 5Beds
  • 9Baths7 full, 2 half
  • 11,528Sq Ft
  • $20,559Per Sq Ft
  • 2.3823Acres
  • 1981Built
Subdivision
Tropical Isle Homes Resub
County
Miami-Dade
MLS®
A12005335

Overview

485 W Matheson Drive is one of America’s most iconic waterfront estates, representing a rare convergence of presidential history, cinematic legacy, and unparalleled waterfront scale. Set on approximately 2.38 acres with an extraordinary 862’ of direct Biscayne Bay frontage, the property captures sweeping, unobstructed views of the Miami skyline and open bay, offering a level of presence and exclusivity rarely found in South Florida. Once the “Winter White House” of, the estate also achieved cinematic fame as the Frank Lopez residence in Scarface, with original architectural elements still preserved, including the iconic glass elevator. Offers 5BR + gym (can be converted to 6th BR) 7+2BA, and approximately 13,500 SF (per owner) across three levels, featuring soaring 24’+ ceilings, marble floors, and walls of glass framing breathtaking bay views. Expansive living, dining, and kitchen areas open to large terraces, creating seamless indoor-outdoor living ideal for both everyday comfort and grand-scale entertaining. Resort-style grounds include a piano-shaped saltwater pool, cabana bath, lush tropical landscaping, and expansive lawn areas with artfully integrated lighting extending the estate’s experience well beyond sunset. A private marina, formerly a presidential helipad—features rare 3-phase power and dockage for yachts up to 200’, plus over 34,000 SF of submerged land, making this one of Miami’s most significant and irreplaceable waterfront holdings in the world.

Listing Snapshot

Price
$237,000,000
Days On Site
193 Days
Bedrooms
5
Inside Area (SqFt)
11,528 sqft
Total Baths
9
Full Baths
7
Partial Baths
2
Lot Size
2.3823 Acres
Year Built
1981
MLS® Number
A12005335
Status
Active
Property Tax
$716,882 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Plans

Property Details

General Features

15 items
Attached Garage
Yes
Direction Faces
Southeast
Garage
Yes
Garage Spaces
2
Levels
Multi/Split
Parking
Attached, Circular Driveway, Garage, Other
Pets
No, Yes
Property Sub Type
Single Family Residence
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
16,148
Style
TriLevel
Utilities
Cable Available
Water Source
Public
Zoning
2000

Interior Features

6 items
Appliances
Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Other, Refrigerator, Washer
Cooling
Central Air, Electric
Flooring
Marble, Terrazzo, Vinyl
Furnished
Unfurnished
Heating
Central, Electric
Interior
Bidet, Built-in Features, Entrance Foyer, Walk-In Closet(s), Elevator, Master Downstairs

Exterior Features

12 items
Construction Details
Block
Exterior
Balcony, Lighting, Other
Frontage
862
Lot Features
Waterfront
Patio And Porch
Deck, Patio
Pool Features
Other, Private
Private Pool
Yes
Roof
Concrete
View
Bay, Ocean, Pool
Waterfront
Yes
Waterfront Features
Ocean Access, Ocean Front
Waterview
Bay, Ocean, Pool

Community Features

3 items
Community Features
Other
MLS Area
52
Financing Terms Available
Cash, Conventional

Location

485 W Matheson Dr, Key Biscayne, FL 33149 · 52

Neighborhood & Commute

ZIP Code 33149

Median household income
$152,895
Income per person
$72,459
Households
5,812
Average household size
2.75
Median age
41.6

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active
  4. Price changed to $237,000,000

Friends & Family

Listing courtesy of Coldwell Banker Realty (305) 915-2556

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-14 01:04 AM EST

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