Address485 W Matheson Dr, Key Biscayne, FL, 33149-1724

Price$237,000,000

  • 5 Beds
  • 8 Baths
  • Residential
  • 11,528 SQ FT
  • Built in 1981

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.

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Essential Information

  • MLS® #A12005335
  • Price$237,000,000
  • Bedrooms5
  • Bathrooms8.00
  • Full Baths7
  • Half Baths1
  • Square Footage11,528
  • Price/SqFt$20,559 USD
  • Year Built1981
  • TypeResidential
  • StyleTri-Level
  • StatusActive

Community Information

  • Address485 W Matheson Dr
  • Area42
  • SubdivisionTROPICAL ISLE HOMES RESUB
  • CityKey Biscayne
  • CountyMiami-Dade
  • StateFL
  • Zip Code33149-1724

Sub-Type

Residential, Single Family Detached

Parking

Attached, Circular Driveway, Garage, Other

Waterfront

Bayfront, Ocean Access, Ocean Front

Interior Features

Bidet, Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Living/Dining Room, Sitting Area in Primary, Split Bedrooms, Tub Shower, Upper Level Primary, Walk-In Closet(s), Elevator

Appliances

Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Other, Refrigerator, Washer

Exterior Features

Balcony, Deck, Lighting, Other, Patio

Amenities

  • UtilitiesCable Available
  • FeaturesOther
  • # of Garages2
  • ViewBay, Ocean, Pool
  • Is WaterfrontYes

Interior

  • InteriorMarble, Terrazzo, Vinyl
  • HeatingCentral, Electric
  • CoolingCentral Air, Electric
  • StoriesMulti/Split

Exterior

  • WindowsSliding
  • RoofConcrete
  • ConstructionBlock

Additional Information

  • Date ListedMay 4th, 2026
  • Days on Website12

Listing Details

  • OfficeColdwell Banker Realty
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