Home in 485 W Matheson Drive, Key Biscayne, FL 33149 for sale with MLS# A12005335

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.

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485 W Matheson Drive, Key Biscayne, FL 33149

Price
Price:
$237,000,000.00
Original List Price:
$237,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$20,558.63
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
May 4, 2026 4:00 am
Other Special Conditions:
Property Survey Available
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
9
Full Bath:
7
Half Bath:
2
Room Type:
Laundry, Other, Family Room
Master Bedroom Bath:
Bidet, Master Bdrm - Sitting, Master Bdrm - Upstairs, Dual Sinks, Master Bdrm - Ground, Combo Tub/shower
Dining Area:
Dining/Living Room, Breakfast Area
Measures
Living Area:
11,528 Sqft
Built-Up Area:
16,148 Sqft
Lot Size Dimensions and Info:
103775
Lot Size Acres:
2.38
Property Features
View from the Property:
Pool, Ocean, Bay, Direct Ocean
Waterfront:
Yes
Waterfront Features:
Ocean Access, Ocean Front, Bayfront
Frontage Length:
862
Private Pool
Swimming Pool Features:
Free Form
Security:
Smoke Detector(s)
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Refrigerator, Washer, Other, Gas Range, Electric Water Heater
Interior:
Walk-In Closet(s), Closet Cabinetry, Entrance Foyer, Built-in Features, Elevator, Storage, Bedroom Layout - Split
Exterior:
Balcony, Lighting, Other
Patio and Porch:
Patio, Deck
Windows:
Sliding, Other
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Boat and Dock Features:
Private Dock
Property Entrance Faces:
Southeast
Other Equipment:
Intercom, Other
Balcony Details:
Balcony - Open
Construction
Year Built:
1981
Roof:
Concrete
Architectural Style:
Split Level
Levels:
Two
Construction Materials:
CBS
Flooring:
Marble, Vinyl, Terrazzo
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$716,882.00
Tax Year:
2025
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Parking Features:
Garage, Attached, Circular Driveway, Attached Garage
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Amenities Provided by the Homeowner's Association (HOA):
Other
Subdivision Name:
TROPICAL ISLE HOMES RESUB
Senior Community:
No
Restrictions:
No Restrictions
Community Dock
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax 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
Real Estate Folio Number (Parcel Number):
2442320070010
Zoning:
2000
Public Schools Assigned
Elementary School:
Dunedin Elementary-pn
High School:
Coral Gables
Middle Or Junior School:
Ponce De Leon
Listing History
Active on the market since:
May 4, 2026
Listing Agreement executed on:
May 4, 2026
Listing Status Last Changed On:
May 4, 2026 4:00 am
Photos updated on:
June 16, 2026 7:32 pm
Last Modified:
June 16, 2026 7:32 pm
Additional Information
Courtesy of:
Coldwell Banker Realty
Attribution:
Not provided
Location
Street Name:
Matheson
Street Number:
485
City:
Key Biscayne
State:
Florida
Zip Code:
33149
County:
Miami-Dade
Latitude:
N25° 41' 30.6''
Longitude:
W81° 49' 31.7''
Street Suffix:
Drive
Street Direction Prefix:
W
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $171,982
Median Home Value $1,231,500
Median Rent $3,501/mo
Median Age 43
Population 14,628

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.