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Homes for sale in Key Biscayne
Single Family Residence

485 W Matheson Dr

Key Biscayne, FL 33149
$237,000,000
Beds
5
Baths
7 + 2 half
Sq ft
11,528
Year built
1981
Price per sq ft
$20,559

Listing courtesy of Jill Eber, Coldwell Banker Realty

About this home

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.

Details

Property

Type
Single Family Residence
Style
Attached, Multi Level
Building
WF/Pool/Ocean Access
Year built
1981
Lot size
103,775 sq ft
Building name
TROPICAL ISLE HOMES RESUB
Subdivision
TROPICAL ISLE HOMES RESUB
County
Miami-Dade County
Faces
Southeast
View
Bay, Ocean, Direct Ocean, Pool
Waterfront
Ocean Access, Ocean Front
Flood zone
AE

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
Flooring
Marble, Terrazzo, Vinyl
Cooling
Central Air, Electric
Heating
Central, Electric
Laundry
Utility Room/Laundry
Features
Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Family Room, Storage, Utility Room/Laundry
Furnished
Unfurnished

Exterior and parking

Exterior
Lighting, Open Balcony
Patio and porch
Deck, Open Balcony, Patio
Pool
Free Form
Parking
Circular Driveway
Garage spaces
2
Construction
CBS Construction
Roof
Concrete

Community and fees

Security
Smoke Detector
Pets
Yes
Annual taxes
$716,882
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 9, 2026.