FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$237,000,00031 days on marketActive

485 W Matheson Drive, Key Biscayne, FL 33149

Key Biscayne, FL 33149
5
Beds
7.5
Baths
11,528
Sq Ft
$20,559
$/Sq Ft
1981
Year Built
2 car
Garage
2.38 acres
Lot Size

Listing Snapshot

List Price$237,000,000
Price / Sq Ft$20,559
Beds5
Baths7.5
Living Area11,528 sqft
Lot Size2.38 acres
Year Built1981
Property Tax$716,882/yr
MLS #1159290289
StatusActive
Days on Market31

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.

General Features

Property Type
Residential
Sub-type
SingleFamilyResidence
Style
SplitLevel
Direction Faces
Southeast
Attached Garage
Yes
Garage Spaces
2
Parking
Attached,CircularDriveway,Garage
Zoning
2000
Security
SmokeDetectors
Utilities
CableAvailable
Subdivision
TROPICAL ISLE HOMES RESUB

Interior Features

Appliances
Dryer,Dishwasher,ElectricWaterHeater,Disposal,GasRange,Refrigerator,Washer
Flooring
Marble,Terrazzo,Vinyl
Heating
Central,Electric
Cooling
CentralAir,Electric
Interior Features
Bidet,BuiltInFeatures,BreakfastArea,ClosetCabinetry,DualSinks,EntranceFoyer,Elevator,LivingDiningRoom,MainLevelPrimary,SittingAreaInPrimary,SplitBedrooms,Storage,TubShower,UpperLevelPrimary,WalkInClosets
Window Features
Other,Sliding
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
Balcony,Lighting,OutdoorLivingArea,Other
Roof
Concrete
Lot Features
TwoToThreeAcres
Patio / Porch
Deck,Open,Patio,Balcony
Pool
Yes
Pool Features
FreeForm,Other
View
Bay,Ocean,Pool
Waterfront
Yes
Waterfront Features
Bayfront,OceanAccess,OceanFront

Community Features

Association Amenities
Other
MLS Area
2520

Schools

ElementaryKey Biscayne K-8
MiddlePonce De Leon
HighCoral Gables

Map

Virtual Tour

View Virtual Tour
Listed by Jill Eber · Coldwell Banker Realty
MLS# 1159290289 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $189,600,000

%
Est. Monthly$1,353,146
Principal & Interest$1,293,406
Property Tax$59,740

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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