Waterfront
Address
485 W Matheson Dr, Key Biscayne, FL
Price
$ 237,000,000
Property Attributes
- MLS#A12005335
- TypeSingle Family
- Listing Status Active
- CountyMiami-Dade
- CityKey Biscayne
- Area52
- NeighborhoodTROPICAL ISLE HOMES RESUB
- Zip33149
- Style
- Year Built1981
- Taxes$ 716882
- Price$ 237,000,000
- Bedrooms5
- Full Bathrooms7
- Half Bathrooms2
- Sqr Footage11528
Data Source:
Southeast Florida MLS (SEFMLS)
Property 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.
| Price History | |
|---|---|
| 5/4/2026 | Listed $237,000,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Utilities | Cable Available |
| Possession | Closing & Funding |
| Roof | Concrete |
| Appliances | Dryer,Dishwasher,Electric Water Heater,Disposal,Gas Range,Other,Refrigerator,Washer |
| Garage Spaces | 2 |
| Patio/Porch Features | Balcony,Deck,Open,Patio |
| Architectural Style | Tri-Level |
| Pool Features | Free Form,Other,Pool |
| Security Features | Smoke Detector(s) |
| Restrictions | No Restrictions |
| Construction Materials | Block |
| Pets Allowed | No,Yes |
| Year Built | 1981 |
| View | Bay,Ocean,Pool |
| Levels | Multi/Split |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | Bayfront,Ocean Access,Ocean Front |
| Community Features | Other |
| County | Miami-Dade |
| Property Type | Residential |
| Attached Garage | true |
| Subdivision Name | TROPICAL ISLE HOMES RESUB |
| Facing Direction | Southeast |
| Garage Y/N | true |
| Full Baths | 7 |
| Status | Active |
| City | Key Biscayne |
| Senior Community Y/N | false |
| Zoning Description | 2000 |
| MLS Area | 52 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 103775 |
| Listing Terms | Cash,Conventional |
| Year Built Details | Resale |
| Tax Annual Amount | 716882 |
| Lease Considered Y/N | false |
| Virtual Tour | https://vimeo.com/1189064799 |
| Standard Status | Active |
| Occupancy Type | Call Agent |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Key Biscayne |
| Legal Description | 32 54 42 & 5 6 55 42 TROPICAL ISLE HOMES RESUB 3RD ADDN PB 52-27 LOT 1 & S1/2 OF LOT 2 BLK 17 & A TRACT OF SUBMERGED LAND LYG IN BISC BAY 6 |
| AttributionContact | 305-915-2556 |
Interior Features
| Interior Amenities | Bidet,Built-in Features,Bedroom on Main Level,Breakfast Area,Closet Cabinetry,Dual Sinks,Entrance Foyer,Living/Dining Room,Sitting Area in Primary,Split Bedrooms,Tub Shower,Upper Level Primary,Walk-In Closet(s),Elevator |
|---|---|
| Flooring | Marble,Terrazzo,Vinyl |
| Furnished Y/N | Unfurnished |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Sliding |
| Half Baths | 2 |
| Total Bedrooms | 5 |
| LivingAreaSource | Plans |
| Total Baths | 9 |
Exterior Features
| Exterior Amenities | Balcony,Deck,Lighting,Other,Patio |
|---|---|
| Parking Features | Attached,Circular Driveway,Garage,Other |
| Lot Features | 2-3 Acres |
| Water Source | Public |
| Lot Size Area | 103775 |
| Building Area Total | 16148 |
| Frontage Length | 862 |
| Private Pool | true |
| Waterfront Y/N | true |
| Covered Spaces | 2 |
| Other Equipment | Intercom |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33149
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 11, 2026 2:31 PM UTC
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Data Last Updated: September 11, 2026 3:21 PM UTC
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