$237,000,000
 $1,272,267 est/mo Sourced by Back At You

485 W Matheson Drive,Key Biscayne, FL 33149

Key Biscayne, FL 33149

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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.

Details

MLS #A12005335
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1981
Days On Site141
Listing Provided ByColdwell Banker Realty | Jill H Eber

Features

Bed(s)5
Bath(s) 9 Total
SQ Feet11,528
Garage2
PoolYes
Zoning2000
Acreage2.38
Water FrontYes
Property ViewYes

Exterior

Lot FeaturesTwo To Three Acres

Parking

Garage Yes / NoYes
Parking FeaturesAttached, Circular Driveway, Garage

Taxes

Tax Annual Amount716882

Area Information

StateFL
CountyMiami Dade
CityKey Biscayne
Zip Code33149
Area2520
Community NameTROPICAL ISLE HOMES RESUB
Listing VS Median (in TROPICAL ISLE HOMES RESUB)
Price:
$237,000,000
low | high
Med:
$237,000,000
50% of Average
sqft:
11,528
low | high
Med:
11,528
50% of Average
$ / sqft:
$20,559
low | high
Med:
$20,559
50% of Average
On site:
141
low | high
Med:
141
100% of Average
Sourced by Back At You

Market Activity 33149

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Learn More About This Property

StateFL
CountyMiami Dade
CityKey Biscayne
Zip Code33149
Area2520
Community NameTROPICAL ISLE HOMES RESUB
Listing VS Median (in TROPICAL ISLE HOMES RESUB)
Price:
$237,000,000
low | high
Med:
$237,000,000
50% of Average
sqft:
11,528
low | high
Med:
11,528
50% of Average
$ / sqft:
$20,559
low | high
Med:
$20,559
50% of Average
On site:
141
low | high
Med:
141
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $177.75M - $296.25M
sqft: 8,500 - 14,000
Nearby Listings Property ImageNearby Listings Details
9 Harbor Point Property Photo 1
$150,000
9 Harbor Point
Key Biscayne, FL 33149
Listing Updated: September 11, 2026 at 7:00:35 AM PDT
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