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$237,000,000
Monthly Est:$1,179,635
5 Beds
- 9 Baths
7 full baths + 2 half baths
11,528sqft
485 W Matheson Dr, Key Biscayne, FL 33149
$237,000,000
$1,179,635/moEst:
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Single Family Residence
Built in 1981
$-- HOA
2.38 acres lot
$20,559/sq.ft
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.
- Houzeo last checked: 3 minutes ago
- Listing updated: October 31, 2026 at 2:25 am
- Listing Provided by: Jill H Eber (305) 915-2556 DRE #0333469, Judith H Zeder (305) 613-5550 DRE #0650944 | Coldwell Banker Realty (305) 672-6300
- Source: Beaches MLS-FL | MLS#: A12005335

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1981
HOA Fees
-
Finished Area
11,528 sqft
Lot Size
2.38 acres lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A12005335
MLS Status
Active
Days on Market
180
Cumulative Days on Market
179

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 9
Interior
Heating
Central, Electric
Appliances
Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Refrigerator, Washer
Interior Features
Bidet, Built In Features, Breakfast Area, Closet Cabinetry, Dual Sinks, Entrance Foyer, Elevator, Living Dining Room, Main Level Primary, Sitting Area In Primary, Split Bedrooms, Storage, Tub Shower, Upper Level Primary, Walk In Closets
Exterior Features
Balcony, Lighting, Outdoor Living Area, Other
Cooling
Central Air, Electric
Flooring
Marble, Terrazzo, Vinyl
Window Features
Other, Sliding
Sewer
Public Sewer
Construction
Year Built
Year Built: 1981
Home type
Single Family Residence
Architectural Style
Split Level
Property Condition
Resale
Roof
Concrete
Construction Materials
Cbs Concrete Block Structure, Block
Utilities & Energy
Utilities
Cable Available
Parking Features
Attached, Circular Driveway, Garage
Water Source
Public
Pool Features
Free Form, Other
Association Amenities
Other
Security Features
Smoke Detectors
Other Features
Subdivision Name
Tropical Isle Homes Resub
Patio And Porch Features
Deck, Open, Patio, Balcony
Lot Features
Two To Three Acres
Price History
| Date | Event | Price |
|---|---|---|
05/04/2026 Source: | Off Market | $237,000,000 $20,559/sqft |
05/04/2026 Source: | Listed for Sale | $237,000,000 $20,559/sqft |
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