Address485 W Matheson Drive, Key Biscayne, FL, 33149

Price$237,000,000

  • 5 Beds
  • 9 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.

Essential Information

  • MLS® #A12005335
  • Price$237,000,000
  • Taxes$716,882 (2025)
  • Bedrooms5
  • Bathrooms9.00
  • Full Baths7
  • Half Baths2
  • Square Footage11,528
  • Acres2.38
  • Price/SqFt$20,559 USD
  • Year Built1981
  • TypeResidential
  • RestrictionsNo Restrictions
  • StyleSplit Level
  • StatusActive

Community Information

  • Address485 W Matheson Drive
  • Area2520
  • SubdivisionTROPICAL ISLE HOMES RESUB
  • CityKey Biscayne
  • CountyMiami-Dade
  • StateFL
  • Zip Code33149

Sub-Type

Residential, Single Family Detached

Parking

Circular Driveway, Garage, Attached Garage, Attached

View

Pool, Bay, Direct Ocean, Ocean

Waterfront

Ocean Access, Bayfront, Ocean Front

Interior Features

Built-in Features, Entrance Foyer, Elevator, Walk-In Closet(s), Bedroom Layout - Split, Closet Cabinetry, Storage

Appliances

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

Amenities

  • AmenitiesOther
  • UtilitiesCable Available
  • # of Garages2
  • Is WaterfrontYes
  • Has PoolYes
  • PoolFree Form

Interior

  • HeatingCentral, Electric
  • CoolingCentral Air, Electric

Exterior

  • Exterior FeaturesLighting, Other, Balcony
  • WindowsOther, Sliding
  • RoofConcrete
  • ConstructionCBS

School Information

  • ElementaryKey Biscayne K-8
  • MiddlePonce De Leon
  • HighCoral Gables

Additional Information

  • Days on Website67
  • Zoning2000

Listing Details

  • OfficeColdwell Banker Realty
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