485 W Matheson Drive
Key Biscayne, FL, 33149
$237,000,000
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.
Current real estate data for Single Family in Key Biscayne as of Oct 31, 2026
41
Single Family Listed
146
Avg DOM
2,613
Avg $ / SqFt
$14,295,512
Avg List Price
Listing Provided Courtesy of Coldwell Banker Realty at 305-672-6300
Property Details
Price:
$237,000,000
MLS #:
A12005335
Status:
Active
Beds:
5
Baths:
8
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
TROPICAL ISLE HOMES RESUB
Neighborhood:
2520
Listed Date:
May 4, 2026
Finished Sq Ft:
11,528
Total Sq Ft:
16,148
Lot Size:
4,520,439,000 sqft / 2.38 acres (approx)
Year Built:
1981
Schools
Elementary School:
Key Biscayne K-8
Middle School:
Ponce De Leon
High School:
Coral Gables
Interior
Appliances
Electric Water Heater, Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer, Other
Bathrooms
7 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air, Electric
Flooring
Marble, Terrazzo, Vinyl
Heating
Central, Electric
Interior Features
Bedroom Layout – Split, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Storage, Walk-In Closet(s)
Exterior
Architectural Style
Split Level
Association Amenities
Other
Attached Garage YN
1
Construction Materials
CBS
Covered Spaces
2
Direction Faces
Southeast
Exterior Features
Balcony, Lighting, Other
Garage Spaces
2
Parking Features
Attached, Attached Garage, Circular Driveway, Garage
Patio And Porch Features
Patio, Deck
Roof
Concrete
Security Features
Smoke Detector(s)
View
Ocean, Direct Ocean, Bay, Pool
Waterfront Features
Ocean Access, Bay, Ocean
Window Features
Sliding, Other
Financial
Tax Year
2025
Taxes
$716,882
Map
Contact Us
Mortgage Calculator
Community
- Address485 W Matheson Drive Key Biscayne FL
- SubdivisionTROPICAL ISLE HOMES RESUB
- CityKey Biscayne
- CountyMiami-Dade
- Zip Code33149
Property Summary
- Located in the TROPICAL ISLE HOMES RESUB subdivision, 485 W Matheson Drive Key Biscayne FL is a Single Family for sale in Key Biscayne, FL, 33149. It is listed for $237,000,000 and features 5 beds, 8 baths, and has approximately 11,528 square feet of living space, and was originally constructed in 1981. The current price per square foot is $20,559. The average price per square foot for Single Family listings in Key Biscayne is $2,613. The average listing price for Single Family in Key Biscayne is $14,295,512. To schedule a showing of MLS#a12005335 at 485 W Matheson Drive in Key Biscayne, FL, contact your Trust House Realty agent at 9543362003.
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