Home/Search/485 W Matheson Dr, Key Biscayne FL 33149
485 W Matheson Dr, Key Biscayne FL 33149
1 / 82
For Sale
Single Family Residence
Waterfront
View Virtual Tour

$237,000,000

485 W Matheson Dr, Key Biscayne FL 33149

5

Bedrooms

9

Bathrooms

11,528

Sq Ft

About This Property

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.

Property Details

MLS #A12005335
Price$237,000,000
StatusActive
Days on Market128
Date ListedMay 4, 2026
Bedrooms5
Total Bathrooms9
Full Bathrooms7
Half Bathrooms2
Living Area11528 sqft
Building Area16148 sqft
Lot Size103775 sqft
Price per Sqft$20,559/sqft
Year Built1981
Property TypeResidential
Property Sub TypeSingle Family Residence

Bedrooms5
Full Bathrooms7
Half Bathrooms2
HeatingCentral, Electric
CoolingCentral Air, Electric
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
FlooringMarble, Terrazzo, Vinyl
Interior FeaturesBuilt-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Family Room, Other, Storage, Utility Room/Laundry
LaundryUtility Room/Laundry

Architectural StyleAttached, Multi Level
Construction MaterialsCBS Construction
Structure TypeHouse
RoofConcrete
Exterior FeaturesLighting, Open Balcony, Other
Patio/PorchDeck, Open Balcony, Patio
Lot Features2 To Less Than 3 Acre Lot
Lot Size103775 sqft
PoolFree Form
SewerPublic Sewer
Water SourceMunicipal Water

Area/RegionTropical Isle Homes Resub
Direction FacesSoutheast
Zoning2000
Township42
WaterfrontYes

Parking FeaturesCircular Driveway, Other
Garage Spaces2
Covered Spaces2

Community FeaturesOther
Pets AllowedYes

Price per Sqft$20,559/sqft
Annual Tax Amount$716,882
Tax Year2025
Listing TermsAll Cash, Conventional
PossessionFunding
Parcel Number24-42-32-007-0010
Legal Description32 54 42 & 5 6 55 42 TROPICAL ISLE HOMES RESUB 3RD ADDN PB 52-27 LOT 1 & S1/2 OF LOT 2 BLK 17 & A TRACT OF SUBMERGED LAND LYG IN BISC BAY 6
Year Built DetailsResale

Location

© 2026 MIAMI Association of REALTORS® (MAOR). All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's in the MIAMI Association of REALTORS® cooperative agreement: Broward, Palm Beaches & St. Lucie REALTORS® and the Miami Association of REALTORS®.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Information is deemed reliable but not guaranteed.

Listing courtesy of Coldwell Banker Realty. Data last updated September 9, 2026 at 03:58 PM.

Roger Pardo

Roger Pardo

Realty Group of Miami

Interested in this property? Contact Roger today for a private showing.