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485 W Matheson Dr, Key Biscayne FL 33149

House For Sale
$237,000,000

BTC: 3,703.12500000

ETH: 135,738.83161512

30 days
Waterfront
5 bds
7 ba
11,528 sqft

Overview

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.

Location

Florida • Key Biscayne • 33149 • House • For Sale • Waterfront

Details

Type:
Residential
Parking:
Circular Driveway / Other
Year Built:
1981
Lot:
103775 Square Feet
Heating:
Central / Electric
Price/sqft:
$20,559
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Recent sales nearby
27 public-records sales within 0.5 mi
Median actual sale: $3.7M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$716,882
2025
Pool
Free Form
View
Bay, Ocean
Waterfront
Ocean Access, Ocean Front
Garage
2 car garage
Pets
Allowed
All facts and features

  • Flooring

    • Marble

    • Terrazzo

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Other Equipment/Appliances

    • Gas Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Closet Cabinetry

    • Elevator

    • Entrance Foyer

    • Split Bedroom

    • Walk-In Closet(s)

    • Family Room

    • Other

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 2

    • Full bathrooms: 7

  • Parking

    • Circular Driveway

    • Other

    Property

    • Exterior Features: Lighting / Open Balcony / Other

    Lot

    • Lot: 103775 Square Feet

    Other Property Information

    • Parcel Number: 24-42-32-007-0010

    • Zoning: 2000

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $716,882

  • Source details

    • MLS ID: A12005335

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Lot Features: 2 To Less Than 3 Acre Lot

    • Patio And Porch Features: Deck / Open Balcony / Patio

    • Pool Features: Free Form

    • Window Features: Picture Window / Sliding

    • Direction Faces: Southeast

    • Architectural Style: Attached / Multi Level

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 11528

    • Water Source: Municipal Water

    • Subdivision Name: TROPICAL ISLE HOMES RESUB

Private inquiry
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More like this

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Market around this address

Live counts in the same area.
View all
This zip
33149
161
median $2.6M
Active
Same city
Key Biscayne
160
median $2.6M
Active
Same type
House
49
median $7.0M
Active
Similar price
$165.9M – $308.1M
1
median $237.0M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty