485 W Matheson Drive, Key Biscayne, FL 33149

$237,000,000
5
BD
9
BA
11,528
SqFt

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List Price
$237,000,000
Status
ACTIVE
Days on Market
85
MLS#
A12005335
Subtype
Residential
Style
Split Level
Year Built
1981
Bedrooms
5
Bathrooms
9
Full Baths
7
Half Baths
2
Living Area
11,528
Acres
2.38
Subdivision
Tropical Isle Homes Resub
MLS Area Major
2520

Property Description

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.

Additional Information

Amenities
Other
Interior Features
Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Elevator, Living/Dining Room, Main Level Primary, Sitting Area in Primary, Split Bedrooms, Storage, Tub Shower, Upper Level Primary, Walk-In Closet(s)
Exterior Features
Balcony, Lighting, Outdoor Living Area, Other
Taxes
$716,882
Property Description
Split Level
Flooring
Marble, Terrazzo, Vinyl
Appliances
Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Refrigerator, Washer
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Exterior Construction
Block
Levels
Multi/Split
Roof
Concrete
Pool
Yes
Parking Features
Attached, Circular Driveway, Garage
Garage Spaces
2
Elementary School
Key Biscayne K-8
Middle School
Ponce De Leon
High School
Coral Gables
View
Bay, Ocean, Pool

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Listing courtesy of Coldwell Banker Realty. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Jill H Eber | Email: jille@jillszeder.com