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485 W Matheson Drive, Key Biscayne, Florida 33149

Active For Sale
$237,000,000
  • Beds 5
  • Baths 9
  • Sq Ft 11,528 Sqft
  • Visits: 5 in 77 days

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.

Features

  • Swimming Pool: Other, Free Form
  • Heating System: Central, Electric
  • Cooling System: Electric, Central Air
  • Patio: Balcony, Deck, Open, Patio
  • Parking: Garage, Circular Driveway, Attached

Appliances

  • Appliances: Dryer, Dishwasher, Refrigerator, Washer, Electric Water Heater, Disposal, Gas Range

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Key Biscayne
  • Subdivision: TROPICAL ISLE HOMES RESUB
  • Zipcode: 33149
  • Street: Matheson
  • Street Number: 485
  • Street Suffix: Drive
  • Floor Number: 0
  • Longitude: W81° 49' 31.7''
  • Latitude: N25° 41' 30.6''
  • Street Dir Prefix: W
  • MLS Area: 2520

MLS Addon

  • Architectural Style: Split Level
  • Association Amenities: Other
  • Association Fee: $0
  • Close Price: $0
  • Elementary School: Key Biscayne K-8
  • Exterior Features: Balcony, Lighting, Other, Outdoor Living Area
  • Flooring: Marble, Vinyl, Terrazzo
  • Garage Spaces: 2
  • High School: Coral Gables
  • Insurance Expense: $0
  • Interior Features: Breakfast Area, Dual Sinks, Living/Dining Room, Sitting Area in Primary, Upper Level Primary, Closet Cabinetry, Entrance Foyer, Elevator, Walk-In Closet(s), Built-in Features, Bidet, Split Bedrooms, Main Level Primary, Tub Shower, Storage
  • Levels: Multi/Split
  • Lot Features: 2-3 Acres
  • Lot Size Dimensions: 103775
  • Middle Or Junior School: Ponce De Leon
  • New Taxes Expense: $0
  • Tax Annual Amount: $716,882
  • Utilities: Cable Available
  • Window Features: Sliding, Other
  • Zoning: 2000

Location

Listing Updated: 2026-07-08 23:28:53

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A12005335
  • Price : $237,000,000
  • View : Golf Course,Garden,Pool
  • Bedrooms : 5
  • Bathrooms : 9
  • Full Bathrooms : 7
  • Half Bathrooms : 2
  • Square Footage : 11,528 Sqft
  • Year Built : 1981
  • Lot Area : 2.38 Acre
  • Listing Status : Active
  • Days On Market : 76
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