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485 W Matheson Drive, Key Biscayne, FL 33149

$237,000,000
Property Type: Residential Bedrooms: 5 Baths: 9 Square Footage: 16,148 Status: Active
Current Price: $237,000,000 List Date: 5/04/2026 Last Modified: 6/16/2026

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.

More Information MLS# A12005335

Contract Information

Comp Sale YN: No Occupant Type: Call Listing Agent Listing Date: 2026-05-04 Status: Active Original List Price: 237000000 List Price: $237,000,000 Current Price: $237,000,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Key Biscayne Municipal Code: 24 Postal Zip: 33149 Subdivision Number: 7 Flood Zone: AE Country: United States Street Number: 485 Street Direction Prefix: W Street Name: Matheson Street Suffix: Drive State Or Province: FL Postal Code: 33149 Postal Code +4: 1724 Subdivision Name: TROPICAL ISLE HOMES RESUB Area: 2520 Elementary School: Key Biscayne K-8 Middle Or Junior School: Ponce De Leon High School: Coral Gables Parcel Number: 2442320070010 Zoning: 2000

General Property Information

Adjusted Area Main: 13599 Living Area Main: 11528 Lot Size Dimensions: 103775 Lot Size Area: 103775 Water Frontage Feet: 862 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 5 Bathrooms Total: 9 Bathrooms Full: 7 Bathrooms Half: 2 Building Area Main: 16148 Year Built: 1981 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Lot Size Acres: 2.38 Waterfront YN: 1 Direction Faces: Southeast

Financial Information

Membership Fee Required YN: No Tax Annual Amount: 716882 Tax Year: 2025 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

Office/Member Information

DXORIGMLSID: SEF

Amenities

Other: 1

Dining Area

Breakfast Area: 1 Dining/Living Room: 1

Exterior Features

Lighting: 1 Other: 1

Flooring

Marble: 1 Terrazzo: 1 Vinyl: 1

Parking Features

Circular Driveway: 1 Attached: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Special Information

Property Survey Available: 1

Utilities

Cable Available: 1

View

Pool: 1

Heating

Central: 1 Electric: 1

Water Access

Ocean Access: 1

Water View

Bay: 1 Direct Ocean: 1 Ocean: 1

Window Features

Sliding: 1 Other: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Gas Range: 1 Refrigerator: 1 Washer: 1 Other: 1

Construction Materials

CBS: 1

Interior Features

Bedroom Layout - Split: 1 Built-in Features: 1 Closet Cabinetry: 1 Elevator: 1 Entrance Foyer: 1 Storage: 1 Walk-In Closet(s): 1

Listing Terms

Cash: 1 Conventional: 1

Other Equipment

Intercom: 1 Other: 1

Pool Features

Free Form: 1

Roof

Concrete: 1

Security Features

Smoke Detector(s): 1

Water Source

Public: 1

Waterfront Features

Bayfront: 1 Ocean Front: 1

Water Heater Details

Electric Water Heater: 1

Architectural Style

Split Level: 1

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Private Dock: 1

Cooling

Central Air: 1 Electric: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Master Bedroom/Bath

Bidet: 1 Combo Tub/Shower: 1 Dual Sinks: 1 Master Bdrm - Ground: 1 Master Bdrm - Sitting: 1 Master Bdrm - Upstairs: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Pool Size Details

Pool Size (WxL): 0

Restrictions

No Restrictions: 1

Tax Information

City/County: 1

Outdoor Living Spaces

Balcony: 1 Deck: 1 Patio: 1

Balcony Details

Balcony - Open: 1

Room Types

Family Room: 1 Laundry: 1 Other: 1

Price Calculations

Current Price To SqFt: 20558.63

Section Details

Parcel Number MLX: 0010

Acreage Description

2 To Less Than 3 Acre Lot: 1

Status Change Information

Major Change Timestamp: 2026-05-04T04:00:00Z Major Change Type: New Listing Status Change Date: 2026-05-04

Originating Details

Originating System Key: 457520302 Originating System ID: M00000151

Property Features

Dining Area: Breakfast Area; Dining/Living Room Exterior Features: Lighting; Other Flooring: Marble; Terrazzo; Vinyl Parking Features: Circular Driveway; Attached; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Gas Range; Refrigerator; Washer; Other Water Heater Details: Electric Water Heater Architectural Style: Split Level Boat and Dock Features: Private Dock Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Interior Features: Bedroom Layout - Split; Built-in Features; Closet Cabinetry; Elevator; Entrance Foyer; Storage; Walk-In Closet(s) Listing Terms: Cash; Conventional Other Equipment: Intercom; Other Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Free Form Possession: Negotiable Restrictions: No Restrictions Roof: Concrete Security Features: Smoke Detector(s) Sewer: Public Sewer Special Information: Property Survey Available Tax Information: City/County Utilities: Cable Available View: Pool Water Access: Ocean Access Water Source: Public Water View: Bay; Direct Ocean; Ocean Waterfront Features: Bayfront; Ocean Front Window Features: Sliding; Other Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony; Deck; Patio Balcony Details: Balcony - Open Room Types: Family Room; Laundry; Other Acreage Description: 2 To Less Than 3 Acre Lot

Room Information

Family Room Other Laundry
Listing Office: Coldwell Banker Realty
Last Updated: June - 16 - 2026
485 W Matheson Drive, Key Biscayne, FL 33149- MLS# A12005335
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